New Market Research Report: Global Compressed Air Energy Storage Market 2015-2019

From: Fast Market Research, Inc.
Published: Fri Jan 23 2015

Compressed air energy storage, as the name suggests, is a technique for storing energy by using compressed air. Energy is generally stored for utilizing it later to meet the high demand during peak hours. Growing interest in energy storage by utilizing renewable energy source has led to an upsurge in new and more advanced energy storage techniques. Compressed air energy storage has been the most prevalent form of energy storage after pumped-hydro technology. Compressed air energy storage is preferred because of its higher efficiency, greater reliability, and economic feasibility when compared to other energy storage technologies. It is recommended for large-scale energy storage and for meeting the growing energy needs.

Full Report Details at

TechNavio's analysts forecast the Global Compressed Air Energy Storage market to grow at a CAGR of 25.5 percent over the period 2014-2019.

Covered in this Report

TechNavio's report, Global Compressed Air Energy Storage Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Compressed Air Energy Storage market landscape and its growth prospects in the coming years. The report also includes the segmentation of compressed air energy storage market on the basis of type of application as well as geographical segmentation. The report includes a discussion of the key vendors operating in this market.

Key Regions

* Americas

Key Vendors

* Dresser-Rand Group
* General Compression
* Hydrostor
* LightSail Energy
* SustainX

Other Prominent Vendors

* Apex CAES
* Bright Energy Storage Technologies
* Gaelectric
* Pacific Gas and Electric Company

Market Driver

* Need to Reduce Power Blackouts
* For a full, detailed list, view our report

Market Challenge

* High Capital Cost for Compressed Air Energy Storage System
* For a full, detailed list, view our report

Market Trend

* Increased Investment in Storage Technology
* For a full, detailed list, view our report

Key Questions Answered in this Report

* What will the market size be in 2019 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

About Fast Market Research

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