Global Liquid Air Energy Storage Systems Market Growth (Status and Outlook) 2025-2031

Global Liquid Air Energy Storage Systems Market Growth (Status and Outlook) 2025-2031

The global Liquid Air Energy Storage Systems market size is predicted to grow from US$ 664 million in 2025 to US$ 1650 million in 2031; it is expected to grow at a CAGR of 16.4% from 2025 to 2031.

Liquid Air Energy Storage (LAES) uses electricity to cool air until it liquefies, stores the liquid air in a tank, brings the liquid air back to a gaseous state (by exposure to ambient air or with waste heat from an industrial process) and uses that gas to turn a turbine and generate electricity. LAES systems use off the shelf components with long lifetimes (30 years +), resulting in low technology risk.

Global Liquid Air Energy Storage Systems key players include GE, Highview Power, Linde, Messer, etc.

In terms of application, the largest application is Power plant, followed by Utility scale, etc. North America is the largest market, with a share about 52%, followed by Europe with the share about 43%.

LPI (LP Information)' newest research report, the “Liquid Air Energy Storage Systems Industry Forecast” looks at past sales and reviews total world Liquid Air Energy Storage Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Liquid Air Energy Storage Systems sales for 2025 through 2031. With Liquid Air Energy Storage Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Air Energy Storage Systems industry.

This Insight Report provides a comprehensive analysis of the global Liquid Air Energy Storage Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Liquid Air Energy Storage Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Liquid Air Energy Storage Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Air Energy Storage Systems and breaks down the forecast by Type, by End User, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Air Energy Storage Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Air Energy Storage Systems market by product type, application, key players and key regions and countries.

Segmentation by Type:
Electro-chemical
Pumped Hydro Storage
Thermal Storage
Electro-mechanical
Hydrogen Storage
Liquid Air Energy Storage

Segmentation by End User:
Household
Commercial
Industrial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE
Highview Power
Linde
Messer
Viridor
Heatric
Siemens
MAN
Atlas Copco
Cryostar
Chart

Please note: The report will take approximately 2 business days to prepare and deliver.