Asia Pacific Liquid Air Energy Storage (Laes) Market Forecast 2018-2023

Asia Pacific Liquid Air Energy Storage (Laes) Market Forecast 2018-2023

  • November 2018 •
  • 81 pages •
  • Report ID: 5637925 •
  • Format: PDF
KEY FINDINGS
The Asia-Pacific liquid air energy storage market is growing at the most rapid pace with 128.51% CAGR during the forecast years 2018-2023. Low operating and capital cost for LAES system is a major market driver which is propagating its growth in the APAC region.

MARKET INSIGHTS
Applications like power generation, power transmission and its corresponding distribution, etc. are causing major adoption of LAES system across the countries such as China, India, Japan, Australia and Rest of Asia-Pacific. LAES systems can be easily integrated with the existing renewable energy sources and transmission grids which is very critical for the huge investments towards this efficient energy technology made by public & private institutions.

COMPETITIVE INSIGHTS
Institutions like Custom Metalcraft, Inc., GE Oil & Gas Inc., Heatric Limited, Highview Power, Linde Group, Messer Group GMBH, Mitsubishi Hitachi Power Systems, Ltd. and Viridor Limited are the profit makers in the APAC region for LAES market.

Companies mentioned
1. CUSTOM METALCRAFT, INC.
2. GE OIL & GAS INC.
3. HEATRIC LIMITED
4. HIGHVIEW POWER
5. LINDE GROUP
6. MESSER GROUP GMBH
7. MITSUBISHI HITACHI POWER SYSTEMS, LTD
8. VIRIDOR LIMITED