Compressed Air Energy Storage Market – Global Forecast to 2030
압축 공기 에너지 저장 시장 – 유형(단열, 단열), 지출 유형(CAPEX, OPEX), 저장 형태(지하, 지상), 응용 프로그램(그리드 관리, 재생 에너지 통합), 용량 및 지역별 – 2030년까지의 세계 예측
Compressed Air Energy Storage Market by Type (Adiabatic, Diabatic), Expenditure Type (CAPEX, OPEX), Storage Form (Underground, Above Ground), Application (Grid Management, Renewable Energy Integration), Capacity, and Region – Global Forecast to 2030
| 조사회사 | MarketsandMarkets |
| 출판년월 | 2025년10월 |
| 페이지 수 | 236 |
| 도표 수 | 336 |
| 라이센스 | Single User License |
| 가격 | USD 4,950 |
| 구성 | 영문조사보고서 |
압축 공기 에너지 저장 시장은 2025년 4억 8천만 달러에서 2030년 18억 8천만 달러로 성장할 것으로 예상되며, 예측 기간 동안 연평균 성장률(CAGR)은 31.4%입니다.
이 시장은 재생 에너지 통합을 지원하고 계통 신뢰성을 향상시키기 위한 장기간 무배출 에너지 저장 솔루션에 대한 수요 증가에 힘입어 성장하고 있습니다. 압축 공기 에너지 저장(CAES) 시스템은 잉여 재생 에너지의 대규모 저장을 가능하게 하고 직접적인 온실가스 배출 없이 전력을 공급할 수 있어 화석 연료 의존도를 줄이고 기후 목표를 달성하는 데 있어 실현 가능한 선택입니다. 재생 에너지 도입 증가는 CAES 발전소와 같은 저장 인프라 지원에 대한 수요를 직접적으로 증가시킵니다. 깨끗하고 지속 가능한 에너지 저장 기술을 선호하는 법률, 정책 및 투자 인센티브는 시장 확장을 더욱 가속화합니다.
보고서는 압축 공기 에너지 저장 시장을 유형(단열, 단열, 등온), 지출 유형(CAPEX, OPEX), 저장 형태(지하, 수중, 지상), 용량(소형(50MWh 미만), 중형(50-500MWh), 대형(500MWh 초과)), 응용 분야(그리드 관리, 재생 에너지 통합, 기타) 및 지역(북미, 유럽, 아시아 태평양, RoW)별로 정의, 설명 및 예측합니다. 보고서의 범위는 압축 공기 에너지 저장 시장의 성장에 영향을 미치는 주요 요인(동인, 제약, 과제 및 기회 등)에 대한 자세한 정보를 다룹니다. 주요 업계 참여자에 대한 철저한 분석을 통해 사업 개요, 솔루션 및 서비스, 계약, 파트너십, 협정, 확장, 합작 투자, 협업 및 인수와 같은 주요 전략, 압축 공기 에너지 저장 시장과 관련된 최근 개발에 대한 통찰력을 제공했습니다. 이 보고서는 압축 공기 에너지 저장 시장 생태계에서 떠오르는 스타트업에 대한 경쟁 분석을 다룹니다.
보고서에는 주요 추진 요인(재생 에너지 통합 확대, 다양한 응용 분야에서 단기 및 장기 저장 가능, 긴 운영 수명 및 유지 관리 요구 사항 감소), 제약 요인(대체 저장 기술과의 경쟁, 지질학적 의존성 및 저장 가능성), 기회(정부 인센티브 및 규제 지원, 그리드 복원력 보장 필요성 증가), 과제(높은 초기 자본 비용, 낮은 왕복 효율성)에 대한 분석이 포함되어 있습니다.
The compressed air energy storage market is expected to grow from USD 0.48 billion in 2025 to USD 1.88 billion by 2030, at a CAGR of 31.4% during the forecast period. The market is driven by the growing need for long-duration, emission-free energy storage solutions to support renewable integration and enhance grid reliability. Compressed air energy storage (CAES) systems enable large-scale storage of surplus renewable electricity and provide dispatchable power without direct greenhouse gas emissions, making them a feasible option for reducing reliance on fossil fuels and achieving climate targets. Rising renewable energy adoption directly increases the demand for supporting storage infrastructure such as CAES plants. Market expansion is further reinforced by laws, policies, and investment incentives that favor clean, sustainable energy storage technologies.
“Grid management segment to register highest CAGR from 2025 to 2030”
Compressed air energy storage (CAES) systems enhance operational efficiency by providing long-duration flexibility and balancing supply-demand fluctuations. They mitigate the challenges of renewable intermittency, ensuring stability against underutilized generation during low-demand periods and preventing overburdening of grids during peak loads. The technology supporting grid management through CAES is maturing, reducing development risks and encouraging large-scale investment. Furthermore, CAES systems integrate well into existing transmission and distribution networks, allowing utilities to target regions of moderate to high renewable penetration. Their versatility in scale and siting offers significant deployment opportunities, improving overall grid resilience and accessibility. Additionally, the predicted expansion of renewable capacity is well supported by the economic feasibility of CAES in grid management, particularly in terms of system lifetime, low operating costs, and provision of ancillary services.
“Underground storage form to be the fastest-growing segment during forecast period”
In the underground storage segment, compressed air energy storage (CAES) systems achieve higher efficiency and reliability by utilizing naturally occurring or purpose-built caverns, such as salt domes, aquifers, or hard-rock formations. These geological structures provide large, secure, and cost-effective storage volumes, avoiding the underutilization risks of smaller above-ground tanks and the potential cost intensiveness of alternative storage solutions. The technology for underground CAES is well established and widely proven, which reduces development risks and attracts greater investor confidence. Additionally, underground facilities are strategically suited for deployment in regions with moderate to high renewable penetration, offering long-duration capacity that strengthens grid stability and resilience. Their scalability and adaptability make them ideal for meeting growing market demand, while their economic feasibility in terms of construction, maintenance, and long operational life further reinforces their role in advancing CAES adoption globally.
“Europe to be fastest-growing compressed air energy storage market”
Europe is the fastest-growing market for compressed air energy storage (CAES), supported by several large-scale projects. In Germany, Corre Energy and Eneco are developing a major CAES facility in Ahaus using salt caverns, which is expected to provide over 300 MW of generation capacity by 2027. In the Netherlands, Corre Energy is advancing the Zuidwending project in Groningen, designed as a hydrogen-enabled CAES plant with multi-day storage capability. Alongside these, the EU is supporting innovation projects such as ASTERIx-CAESar, which integrates CAES with solar thermal systems to improve efficiency and flexibility. These initiatives highlight Europe’s strong commitment to long-duration storage as part of its energy transition strategy.
In Europe, ambitious climate targets and renewable energy directives are driving strong policy support for long-duration storage solutions such as CAES. The EU’s Green Deal, along with funding mechanisms like Horizon Europe and Projects of Common Interest (PCI), provides financial and regulatory backing to accelerate development. National governments in countries like Germany and the Netherlands are further supporting CAES projects through grid modernization incentives and renewable integration programs.
In-depth interviews were conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among others, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1 – 57%, Tier 2 – 29%, and Tier 3 – 14%
- By Designation: C-Level Executives – 35%, Directors – 20%, and Others – 45%
- By Region: North America – 20%, Europe – 15%, Asia Pacific – 30%, Middle East & Africa – 25%, and South America – 10%
Notes: The tiers of the companies are defined based on their total revenues as of 2024; Tier 1: > USD 1 billion, Tier 2: USD 500 million to USD 1 billion, and Tier 3: < USD 500 million. Others include sales managers, engineers, and regional managers.
Hydrostor (Canada), APEX CAES (US), Storelectric LTD. (UK), Keep Energy Systems (UK), Corre Energy (Netherlands), TerraStor Energy Corporation (US), ALCAES (Switzerland), Augwind (Israel), Enairys Powrtech (Switzerland), Highview Power (UK), Baromar (Israel), Powerphase International (US), Sherwood Power (UK), Brayton Energy, LLC (US), Siemens Energy (Germany), Evellence (Germany), Ingersoll Rand (US), KOBE STEEL, LTD. (Japan), Doosan Škoda Power (Czech Republic), Green-Y Energy AG (Switzerland), Shaangu (China), Atlas Copco Group (Sweden), Harbin turbine company limited (China), and MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan) are some of the key players in the compressed air energy storage market. The study includes an in-depth competitive analysis of these key players in the compressed air energy storage market, with their company profiles, recent developments, and key market strategies.
Study Coverage:
The report defines, describes, and forecasts the compressed air energy storage market by type (Adiabatic, Diabatic, Isothermal), expenditure type (CAPEX, OPEX), storage form (Underground, Underwater, Above ground), capacity (Small (Below 50 MWh), Medium (50-500 MWh), Large (above 500 MWh)), Application (Grid Management, Renewable Energy Integration, Others), and region (North America, Europe, Asia Pacific, RoW). The report’s scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the compressed air energy storage market. A thorough analysis of the key industry players has provided insights into their business overview, solutions, and services; key strategies such as contracts, partnerships, agreements, expansion, Joint ventures, collaborations, and acquisitions; and recent developments associated with the compressed air energy storage market. This report covers the competitive analysis of upcoming startups in the compressed air energy storage market ecosystem.
Key Benefits of Buying the Report
- The report includes the analysis of key drivers (Growing integration of renewable energy, Enables short-term and long-term storage across diverse applications, Long operational lifespan and reduced maintenance requirements), restraints (Competition from alternative storage technologies, Geological dependency and storage feasibility,) opportunities (Government incentives & regulatory support, Rising need to ensure grid resilience) and challenges (High upfront capital costs, Lower round-trip efficiency).
- Product Development/Innovation: Compressed air energy storage (CAES) market participants are advancing innovations across the value chain—covering storage form, capacity, expenditure models, and applications. In plant design, modular and scalable configurations, optimized turbomachinery, and advanced thermal management systems are enhancing efficiency, flexibility, and reliability. In storage and compression, companies are developing improved cavern engineering techniques, isothermal and adiabatic processes, and hybrid systems with hydrogen or thermal storage to boost round-trip efficiency and reduce emissions. Digital tools, including AI-driven plant optimization, predictive maintenance, real-time monitoring, and smart grid integration, are increasingly being deployed to improve performance, extend asset life, and ensure seamless integration with renewable energy and grid management systems.
- Market Development: In May 2024, BaroMar and RheEnergise signed an agreement to advance long-duration energy storage (LDES) projects in Cyprus and the UK. Under this partnership, BaroMar engaged Jacobs to design a 4 MWh underwater compressed air energy storage (CAES) pilot off Cyprus’ coast, using rigid seabed-ballasted tanks to bypass land constraints. Meanwhile, RheEnergise launched a 500 kW high density pumped hydro energy storage (PHES) project at Sibelco’s Cornwood mining site near Plymouth, UK, utilizing dense fluids for compact operation. This report provides a detailed analysis of compressed air energy storage solution provider strategies critical for project success, providing stakeholders with actionable insights into trends and opportunities for growth in the compressed air energy storage market.
- Market Diversification: The report offers a comprehensive analysis of the strategies employed by compressed air energy storage solution providers to facilitate market diversification. It outlines innovative products and operating models, as well as new partnership frameworks across various regions, underpinned by technology-driven business lines. The findings emphasize opportunities for expansion beyond traditional operations, identifying geographical areas and customer segments that are currently served but remain underserved and are suitable for strategic entry.
- Competitive Assessment: The report provides in-depth assessment of market shares, growth strategies, and service offerings of leading players such as Hydrostor (Canada), APEX CAES (US), Storelectric LTD. (UK), Keep Energy Systems (UK), Corre Energy (Netherlands), TerraStor Energy Corporation (US), ALCAES (Switzerland), Augwind (Israel), Enairys Powrtech (Switzerland), Highview Power (UK), Baromar (Israel), Powerphase International (US), Sherwood Power (UK), Brayton Energy, LLC (US), Siemens Energy (Germany), and Evellence (Germany), among others, in the compressed air energy storage market.
Table of Contents
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED 26
1.3.2 INCLUSIONS AND EXCLUSIONS 27
1.3.3 YEARS CONSIDERED 28
1.4 CURRENCY CONSIDERED 28
1.5 LIMITATIONS 28
1.6 STAKEHOLDERS 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
2.1.1 SECONDARY DATA 31
2.1.1.1 List of key secondary sources 31
2.1.1.2 Key data from secondary sources 31
2.1.2 PRIMARY DATA 32
2.1.2.1 List of primary interview participants 32
2.1.2.2 Key data from primary sources 32
2.1.2.3 Key industry insights 33
2.1.2.4 Breakdown of primaries 33
2.2 DATA TRIANGULATION 34
2.3 MARKET SIZE ESTIMATION 35
2.3.1 BOTTOM-UP APPROACH 35
2.3.2 TOP-DOWN APPROACH 36
2.3.3 DEMAND-SIDE ANALYSIS 37
2.3.3.1 Demand-side assumptions 37
2.3.3.2 Demand-side calculations 37
2.3.4 SUPPLY-SIDE ANALYSIS 37
2.4 FORECAST 38
2.5 RISK ANALYSIS 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN COMPRESSED AIR ENERGY
STORAGE MARKET 43
4.2 COMPRESSED AIR ENERGY MARKET IN ASIA PACIFIC, BY EXPENDITURE TYPE
AND COUNTRY 43
4.3 COMPRESSED AIR ENERGY STORAGE MARKET, BY TYPE 44
4.4 COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE 44
4.5 COMPRESSED AIR ENERGY STORAGE MARKET, BY STORAGE FORM 45
4.6 COMPRESSED AIR ENERGY STORAGE MARKET, BY APPLICATION 45
4.7 COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 47
5.2.1 DRIVERS 48
5.2.1.1 Strong focus on renewable energy generation 48
5.2.1.2 Significant demand for technologies supporting hybrid energy ecosystems 49
5.2.1.3 Long operational lifespan and low maintenance requirements 49
5.2.2 RESTRAINTS 49
5.2.2.1 Competitive pressure due to presence of alternative storage technologies 49
5.2.2.2 Dependence on geological formations to store compressed air at high pressures 50
5.2.3 OPPORTUNITIES 51
5.2.3.1 Government incentives and regulatory support for CAES projects 51
5.2.3.2 Global clean energy transition 51
5.2.4 CHALLENGES 52
5.2.4.1 High upfront costs 52
5.2.4.2 Lower round-trip efficiency than substitutes 52
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 53
5.4 SUPPLY CHAIN ANALYSIS 53
5.5 ECOSYSTEM ANALYSIS 55
5.6 TECHNOLOGY ANALYSIS 57
5.6.1 KEY TECHNOLOGIES 57
5.6.1.1 Adiabatic compressed air energy storage (A-CAES) 57
5.6.1.2 Liquid air energy storage (LAES) 57
5.6.2 COMPLEMENTARY TECHNOLOGIES 58
5.6.2.1 Carbon capture and storage (CCS) 58
5.6.2.2 Hydrogen CAES integration 58
5.6.3 ADJACENT TECHNOLOGIES 58
5.6.3.1 Battery energy storage 58
5.6.3.2 Pumped-storage hydropower 59
5.7 CASE STUDY ANALYSIS 59
5.7.1 UNDERWATER CAES SYSTEM PROVIDES SICILY WITH YEAR-ROUND RENEWABLE POWER BY CONVERTING SURPLUS WIND AND SOLAR ENERGY 59
5.7.2 WIND FARMS IN IRAN INTEGRATE CAES TO STABILIZE GENERATION AND MAXIMIZE CONSISTENT SUPPLY OF ENERGY 59
5.8 PATENT ANALYSIS 60
5.9 TRADE ANALYSIS 62
5.9.1 IMPORT SCENARIO (HS CODE 841490) 62
5.9.2 EXPORT SCENARIO (HS CODE 841490) 64
5.10 KEY CONFERENCES AND EVENTS, 2025–2026 65
5.11 REGULATORY LANDSCAPE 66
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 66
5.11.2 REGULATIONS 69
5.12 PORTER’S FIVE FORCES ANALYSIS 70
5.12.1 THREAT OF SUBSTITUTES 71
5.12.2 BARGAINING POWER OF SUPPLIERS 71
5.12.3 BARGAINING POWER OF BUYERS 71
5.12.4 THREAT OF NEW ENTRANTS 71
5.12.5 INTENSITY OF COMPETITIVE RIVALRY 71
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 72
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 72
5.13.2 BUYING CRITERIA 72
5.14 INVESTMENT AND FUNDING SCENARIO 73
5.15 IMPACT OF AI/GEN AI ON COMPRESSED AIR ENERGY STORAGE MARKET 74
5.15.1 AI FOR SYSTEM MODELING AND OPTIMIZATION 74
5.15.2 AI-DRIVEN PREDICTIVE MAINTENANCE 74
5.15.3 AI FOR RENEWABLE INTEGRATION AND GRID MANAGEMENT 74
5.16 GLOBAL MACROECONOMIC OUTLOOK 75
5.16.1 INTRODUCTION 75
5.16.2 GOVERNMENT POLICIES AND SUBSIDIES 75
5.16.3 ENERGY TRANSITION AND DECARBONIZATION GOALS 76
5.16.4 CAPITAL EXPENDITURE (CAPEX) TRENDS 76
5.16.5 ENERGY SECURITY AND GEOPOLITICS 76
5.16.6 TECHNOLOGY INNOVATION 76
6 COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE 77
6.1 INTRODUCTION 78
6.2 CAPEX 79
6.2.1 ONGOING LONG-DURATION ENERGY STORAGE PROJECTS TO CREATE GROWTH OPPORTUNITIES 79
6.3 OPEX 81
6.3.1 RISING ADOPTION OF SERVICE-BASED AND PERFORMANCE-LINKED CONTRACTS BY UTILITIES TO SUPPORT MARKET GROWTH 81
7 COMPRESSED AIR ENERGY STORAGE MARKET, BY TYPE 84
7.1 INTRODUCTION 85
7.2 DIABATIC 89
7.2.1 CAPACITY TO STORE ENERGY IN BULK TO ENCOURAGE DEPLOYMENT 89
7.3 ADIABATIC 93
7.3.1 CARBON-FREE OPERATIONS, SUSTAINABILITY, AND ABILITY TO REUSE STORED HEAT TO PROMOTE DEMAND 93
7.4 ISOTHERMAL 98
7.4.1 HIGH ROUND-TRIP EFFICIENCY AND REDUCED TECHNICAL COMPLEXITY TO ENCOURAGE DEPLOYMENT 98
8 COMPRESSED AIR ENERGY STORAGE MARKET, BY STORAGE FORM 99
8.1 INTRODUCTION 100
8.2 UNDERGROUND 101
8.2.1 SCALABILITY AND LONG-DURATION STORAGE CAPACITY NECESSARY FOR GRID-SCALE APPLICATIONS TO BOOST ADOPTION 101
8.3 ABOVE GROUND 102
8.3.1 SIMPLIFIED PERMITTING PROCESSES AND SUITABILITY FOR DISTRIBUTED AND MICROGRID APPLICATIONS TO SUPPORT SEGMENTAL GROWTH 102
8.4 UNDERWATER 103
8.4.1 NEED TO EXPAND STORAGE OPTIONS IN COASTAL AND LAKESIDE REGIONS TO DRIVE MARKET 103
9 COMPRESSED AIR ENERGY STORAGE MARKET, BY CAPACITY 104
9.1 INTRODUCTION 105
9.2 SMALL–SCALE 106
9.2.1 INCREASING EFFICIENCY AND FAVORABLE POLICIES FOR ABOVE GROUND STORAGE SOLUTIONS TO DRIVE MARKET 106
9.3 MEDIUM–SCALE 107
9.3.1 POTENTIAL TO OFFER SCALABILITY AND COST EFFICIENCY TO SPIKE DEMAND 107
9.4 LARGE–SCALE 108
9.4.1 ABILITY TO SUPPORT BULK RENEWABLE INTEGRATION DURING PEAK DEMAND FOR EXTENDED OUTAGE TO SPUR DEMAND 108
10 COMPRESSED AIR ENERGY STORAGE MARKET, BY APPLICATION 110
10.1 INTRODUCTION 111
10.2 GRID MANAGEMENT 112
10.2.1 GROWING NEED FOR FLEXIBLE AND RELIABLE POWER STORAGE SYSTEMS TO ACCELERATE SEGMENTAL GROWTH 112
10.3 RENEWABLE ENERGY INTEGRATION 113
10.3.1 INCREASING RENEWABLE DEPLOYMENT AMID ENERGY CRISIS TO FOSTER SEGMENTAL GROWTH 113
10.4 OTHER APPLICATIONS 114
11 COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION 115
11.1 INTRODUCTION 116
11.2 NORTH AMERICA 118
11.2.1 US 128
11.2.1.1 Emerging CAES projects supported by private and institutional investors to fuel market growth 128
11.2.2 CANADA 129
11.2.2.1 Rising renewable penetration and decarbonization targets to boost demand 129
11.3 ASIA PACIFIC 131
11.3.1 CHINA 142
11.3.1.1 Abundance of salt-cavern resources to accelerate CAES deployment 142
11.3.2 AUSTRALIA 144
11.3.2.1 Supportive policies backing dispatchable energy technologies to drive market 144
11.3.3 REST OF ASIA PACIFIC 145
11.4 EUROPE 146
11.4.1 GERMANY 158
11.4.1.1 Rise of long-duration energy storage to drive market 158
11.4.2 UK 160
11.4.2.1 Government-backed decarbonization targets to boost demand 160
11.4.3 NETHERLANDS 161
11.4.3.1 Transition toward low-carbon, renewables-dominated energy system to contribute to market growth 161
11.4.4 SWITZERLAND 163
11.4.4.1 Adoption of innovative CAES research and pilot projects to create opportunities 163
11.4.5 REST OF EUROPE 165
11.5 ROW 165
11.5.1 MIDDLE EAST & AFRICA 166
11.5.1.1 Expanding renewable-linked storage infrastructure to drive demand 166
11.5.2 SOUTH AMERICA 166
11.5.2.1 Investments in renewable-integrated storage solutions to propel demand 166
12 COMPETITIVE LANDSCAPE 167
12.1 OVERVIEW 167
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2025 167
12.3 MARKET RANKING OF KEY PLAYERS, 2024 170
12.4 BRAND COMPARISON 172
12.5 COMPANY EVALUATION MATRIX: KEY PLAYERS (COMPRESSED AIR ENERGY STORAGE TECHNOLOGY PROVIDERS), 2024 172
12.5.1 STARS 172
12.5.2 EMERGING LEADERS 173
12.5.3 PERVASIVE PLAYERS 173
12.5.4 PARTICIPANTS 173
12.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 174
12.5.5.1 Company footprint 174
12.5.5.2 Region footprint 175
12.5.5.3 Type footprint 176
12.5.5.4 Storage form footprint 177
12.5.5.5 Capacity footprint 178
12.5.5.6 Application footprint 179
12.6 COMPETITIVE SCENARIO 180
12.6.1 DEALS 180
12.6.2 EXPANSIONS 181
12.6.3 OTHER DEVELOPMENTS 183
13 COMPANY PROFILES 184
13.1 TECHNOLOGY PROVIDERS 184
13.1.1 HYDROSTOR 184
13.1.1.1 Business overview 184
13.1.1.2 Products/Solutions/Services offered 185
13.1.1.3 Recent developments 185
13.1.1.3.1 Deals 185
13.1.1.3.2 Other developments 186
13.1.1.4 MnM view 187
13.1.1.4.1 Key strengths 187
13.1.1.4.2 Strategic choices 187
13.1.1.4.3 Weaknesses and competitive threats 187
13.1.2 STORELECTRIC LTD 188
13.1.2.1 Business overview 188
13.1.2.2 Products/Solutions/Services offered 189
13.1.2.3 Recent developments 189
13.1.2.3.1 Deals 189
13.1.2.3.2 Expansions 190
13.1.2.4 MnM view 190
13.1.2.4.1 Key strengths 190
13.1.2.4.2 Strategic choices 190
13.1.2.4.3 Weaknesses and competitive threats 190
13.1.3 CORRE ENERGY 191
13.1.3.1 Business overview 191
13.1.3.2 Products/Solutions/Services offered 191
13.1.3.3 Recent developments 192
13.1.3.3.1 Deals 192
13.1.3.3.2 Expansions 192
13.1.3.4 MnM view 193
13.1.3.4.1 Key strengths 193
13.1.3.4.2 Strategic choices 193
13.1.3.4.3 Weaknesses and competitive threats 193
13.1.4 APEX CAES 194
13.1.4.1 Business overview 194
13.1.4.2 Products/Services/Solutions offered 194
13.1.4.3 MnM view 195
13.1.4.3.1 Key strengths 195
13.1.4.3.2 Strategic choices 195
13.1.4.3.3 Weaknesses and competitive threats 195
13.1.5 AUGWIND 196
13.1.5.1 Business overview 196
13.1.5.2 Products/Services/Solutions offered 197
13.1.5.3 Recent developments 197
13.1.5.3.1 Deals 197
13.1.5.3.2 Expansions 198
13.1.6 HIGHVIEW POWER 199
13.1.6.1 Business overview 199
13.1.6.2 Products/Services/Solutions offered 200
13.1.6.3 Recent developments 200
13.1.6.3.1 Deals 200
13.1.6.3.2 Expansions 201
13.1.6.3.3 Other developments 201
13.1.7 KEEP ENERGY SYSTEMS 202
13.1.7.1 Business overview 202
13.1.7.2 Products/Solutions/Services offered 202
13.1.8 BAROMAR 203
13.1.8.1 Business overview 203
13.1.8.2 Products/Services/Solutions offered 203
13.1.8.3 Recent developments 204
13.1.8.3.1 Deals 204
13.1.9 SHERWOOD POWER 205
13.1.9.1 Business overview 205
13.1.9.2 Products/Services/Solutions offered 205
13.1.9.3 Recent developments 206
13.1.9.3.1 Developments 206
13.2 OTHER TECHNOLOGY PROVIDERS 207
13.2.1 TERRASTOR ENERGY CORPORATION 207
13.2.2 ALACAES 207
13.2.3 ENAIRYS POWERTECH 208
13.2.4 POWERPHASE INTERNATIONAL 208
13.2.5 BRAYTON ENERGY, LLC 209
13.3 CAES SYSTEM PROVIDERS 210
13.3.1 SIEMENS ENERGY 210
13.3.1.1 Business overview 210
13.3.1.2 Products/Solutions/Services offered 212
13.3.1.3 Recent developments 212
13.3.1.3.1 Deals 212
13.3.2 EVERLLENCE 213
13.3.2.1 Business overview 213
13.3.2.2 Products/Solutions/Services offered 213
13.3.2.3 Recent developments 214
13.3.2.3.1 Developments 214
13.3.3 INGERSOLL RAND 215
13.3.3.1 Business overview 215
13.3.3.2 Products/Solutions/Services offered 216
13.3.3.3 Recent developments 217
13.3.3.3.1 Deals 217
13.3.4 KOBE STEEL, LTD. 218
13.3.4.1 Business overview 218
13.3.4.2 Products/Solutions/Services offered 219
13.3.5 DOOSAN ŠKODA POWER 220
13.3.5.1 Business overview 220
13.3.5.2 Products/Solutions/Services offered 221
13.3.6 GREEN-Y ENERGY AG 222
13.3.6.1 Business overview 222
13.3.6.2 Products/Solutions/Services offered 222
13.3.6.3 Recent developments 223
13.3.6.3.1 Developments 223
13.3.7 SHAANGU 224
13.3.7.1 Business overview 224
13.3.7.2 Products/Solutions/Services offered 224
13.3.7.3 Recent developments 225
13.3.7.3.1 Deals 225
13.3.7.3.2 Other developments 226
13.4 OTHER CAES SYSTEM PROVIDERS 227
13.4.1 HARBIN TURBINE COMPANY LIMITED 227
13.4.2 ATLAS COPCO GROUP 228
13.4.3 MITSUBISHI HEAVY INDUSTRIES, LTD. 228
14 APPENDIX 229
14.1 INSIGHTS FROM INDUSTRY EXPERTS 229
14.2 DISCUSSION GUIDE 229
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 232
14.4 CUSTOMIZATION OPTIONS 234
14.5 RELATED REPORTS 234
14.6 AUTHOR DETAILS 235
LIST OF TABLES
TABLE 1 REPORT INCLUSIONS AND EXCLUSIONS 27
TABLE 2 LIST OF KEY SECONDARY SOURCES 31
TABLE 3 LIST OF PRIMARY INTERVIEW PARTICIPANTS 32
TABLE 4 COMPRESSED AIR ENERGY STORAGE MARKET: RISKS ANALYSIS 38
TABLE 5 COMPRESSED AIR ENERGY STORAGE MARKET SNAPSHOT, 2025 VS. 2030 39
TABLE 6 ROLE OF COMPANIES IN COMPRESSED AIR ENERGY STORAGE ECOSYSTEM 56
TABLE 7 LIST OF KEY PATENTS, 2021–2024 61
TABLE 8 IMPORT DATA FOR HS CODE 841490-COMPLIANT PRODUCTS,
BY COUNTRY, 2022–2024 (USD THOUSAND) 63
TABLE 9 EXPORT DATA FOR HS CODE 280410-COMPLIANT PRODUCTS,
BY COUNTRY, 2022–2024 (USD THOUSAND) 64
TABLE 10 LIST OF KEY CONFERENCES AND EVENTS, 2025–2026 65
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 66
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 67
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 68
TABLE 14 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 69
TABLE 15 REGULATIONS 69
TABLE 16 PORTER’S FIVE FORCES ANALYSIS 70
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%) 72
TABLE 18 KEY BUYING CRITERIA, BY APPLICATION 73
TABLE 19 COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE,
2020–2024 (USD MILLION) 78
TABLE 20 COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE,
2025–2030 (USD MILLION) 78
TABLE 21 COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE,
2020–2024 (MWH) 79
TABLE 22 COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE,
2025–2030 (MWH) 79
TABLE 23 CAPEX: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2020–2024 (USD MILLION) 80
TABLE 24 CAPEX: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2025–2030 (USD MILLION) 80
TABLE 25 CAPEX: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2020–2024 (MWH) 80
TABLE 26 CAPEX: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2025–2030 (MWH) 81
TABLE 27 OPEX: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2020–2024 (USD MILLION) 81
TABLE 28 OPEX: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2025–2030 (USD MILLION) 82
TABLE 29 OPEX: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2020–2024 (MWH) 82
TABLE 30 OPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (MWH) 82
TABLE 31 OPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (MW) 83
TABLE 32 OPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (MW) 83
TABLE 33 COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 85
TABLE 34 COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 85
TABLE 35 CAPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (MWH) 86
TABLE 36 CAPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (MWH) 86
TABLE 37 CAPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 86
TABLE 38 CAPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 87
TABLE 39 OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2020–2024 (MWH) 87
TABLE 40 OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2025–2030 (MWH) 87
TABLE 41 OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2020–2024 (MW) 87
TABLE 42 OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2025–2030 (MW) 88
TABLE 43 OPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 88
TABLE 44 OPEX: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 88
TABLE 45 DIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 89
TABLE 46 DIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 90
TABLE 47 DIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY REGION, 2020–2024 (USD MILLION) 90
TABLE 48 DIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY REGION, 2025–2030 (USD MILLION) 90
TABLE 49 DIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY REGION, 2020–2024 (MWH) 91
TABLE 50 DIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY REGION, 2025–2030 (MWH) 91
TABLE 51 OPERATIONAL STORAGE CAPACITY OF DIABATIC COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY REGION, 2020–2024 (MWH) 91
TABLE 52 OPERATIONAL STORAGE CAPACITY OF DIABATIC COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY REGION, 2025–2030 (MWH) 92
TABLE 53 OPERATIONAL OUTPUT CAPACITY OF DIABATIC COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY REGION, 2020–2024 (MW) 92
TABLE 54 OPERATIONAL OUTPUT CAPACITY OF DIABATIC COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY REGION, 2025–2030 (MW) 92
TABLE 55 DIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY REGION, 2020–2024 (USD MILLION) 93
TABLE 56 DIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY REGION, 2025–2030 (USD MILLION) 93
TABLE 57 ADIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 94
TABLE 58 ADIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 94
TABLE 59 ADIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY REGION, 2020–2024 (USD MILLION) 94
TABLE 60 ADIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY REGION, 2025–2030 (USD MILLION) 95
TABLE 61 ADIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY REGION, 2020–2024 (MWH) 95
TABLE 62 ADIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY REGION, 2025–2030 (MWH) 95
TABLE 63 OPERATIONAL STORAGE CAPACITY OF ADIABATIC COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY REGION, 2020–2024 (MWH) 96
TABLE 64 OPERATIONAL STORAGE CAPACITY OF ADIABATIC COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY REGION, 2025–2030 (MWH) 96
TABLE 65 OPERATIONAL OUTPUT CAPACITY OF ADIABATIC COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY REGION, 2020–2024 (MW) 96
TABLE 66 OPERATIONAL OUTPUT CAPACITY OF ADIABATIC COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY REGION, 2025–2030 (MW) 97
TABLE 67 ADIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY REGION, 2020–2024 (USD MILLION) 97
TABLE 68 ADIABATIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY REGION, 2025–2030 (USD MILLION) 97
TABLE 69 COMPRESSED AIR ENERGY STORAGE MARKET, BY STORAGE FORM,
2020–2024 (USD MILLION) 100
TABLE 70 COMPRESSED AIR ENERGY STORAGE MARKET, BY STORAGE FORM,
2025–2030 (USD MILLION) 100
TABLE 71 UNDERGROUND: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 101
TABLE 72 UNDERGROUND: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 101
TABLE 73 ABOVE GROUND: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 102
TABLE 74 ABOVE GROUND: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 102
TABLE 75 COMPRESSED AIR ENERGY STORAGE MARKET, BY CAPACITY,
2020–2024 (USD MILLION) 105
TABLE 76 COMPRESSED AIR ENERGY STORAGE MARKET, BY CAPACITY,
2025–2030 (USD MILLION) 105
TABLE 77 SMALL–SCALE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 106
TABLE 78 SMALL–SCALE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 107
TABLE 79 MEDIUM–SCALE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 108
TABLE 80 MEDIUM–SCALE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 108
TABLE 81 LARGE–SCALE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 109
TABLE 82 LARGE–SCALE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 109
TABLE 83 COMPRESSED AIR ENERGY STORAGE MARKET, BY APPLICATION,
2020–2024 (USD MILLION) 111
TABLE 84 COMPRESSED AIR ENERGY STORAGE MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 111
TABLE 85 GRID MANAGEMENT: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2020–2024 (USD MILLION) 112
TABLE 86 GRID MANAGEMENT: COMPRESSED AIR ENERGY STORAGE MARKET,
BY REGION, 2025–2030 (USD MILLION) 112
TABLE 87 RENEWABLE ENERGY INTEGRATION: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION, 2020–2024 (USD MILLION) 113
TABLE 88 RENEWABLE ENERGY INTEGRATION: COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION, 2025–2030 (USD MILLION) 113
TABLE 89 COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2020–2024 (USD MILLION) 117
TABLE 90 COMPRESSED AIR ENERGY STORAGE MARKET, BY REGION,
2025–2030 (USD MILLION) 117
TABLE 91 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 118
TABLE 92 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 118
TABLE 93 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2020–2024 (MWH) 119
TABLE 94 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2025–2030 (MWH) 119
TABLE 95 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2020–2024 (USD MILLION) 119
TABLE 96 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2025–2030 (USD MILLION) 119
TABLE 97 NORTH AMERICA: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2020–2024 (MWH) 120
TABLE 98 NORTH AMERICA: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE MARKET, BY TYPE, 2025–2030 (MWH) 120
TABLE 99 NORTH AMERICA: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE MARKET, BY TYPE, 2020–2024 (MW) 120
TABLE 100 NORTH AMERICA: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE MARKET, BY TYPE, 2025–2030 (MW) 121
TABLE 101 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY TYPE, 2020–2024 (USD MILLION) 121
TABLE 102 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY TYPE, 2025–2030 (USD MILLION) 121
TABLE 103 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY CAPACITY, 2020–2024 (USD MILLION) 122
TABLE 104 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY CAPACITY, 2025–2030 (USD MILLION) 122
TABLE 105 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY STORAGE FORM, 2020–2024 (USD MILLION) 122
TABLE 106 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY STORAGE FORM, 2025–2030 (USD MILLION) 123
TABLE 107 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY APPLICATION, 2020–2024 (USD MILLION) 123
TABLE 108 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY APPLICATION, 2025–2030 (USD MILLION) 123
TABLE 109 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY COUNTRY, 2020–2024 (USD MILLION) 124
TABLE 110 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY COUNTRY, 2025–2030 (USD MILLION) 124
TABLE 111 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2020–2024 (MWH) 124
TABLE 112 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2025–2030 (MWH) 125
TABLE 113 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2020–2024 (USD MILLION) 125
TABLE 114 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2025–2030 (USD MILLION) 125
TABLE 115 NORTH AMERICA: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2020–2024 (MWH) 126
TABLE 116 NORTH AMERICA: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2025–2030 (MWH) 126
TABLE 117 NORTH AMERICA: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2020–2024 (MW) 126
TABLE 118 NORTH AMERICA: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2025–2030 (MW) 127
TABLE 119 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY COUNTRY, 2020–2024 (USD MILLION) 127
TABLE 120 NORTH AMERICA: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY COUNTRY, 2025–2030 (USD MILLION) 127
TABLE 121 US: COMPRESSED AIR ENERGY STORAGE MARKET, BY TYPE,
2020–2024 (USD MILLION) 128
TABLE 122 US: COMPRESSED AIR ENERGY STORAGE MARKET, BY TYPE,
2025–2030 (USD MILLION) 128
TABLE 123 US: COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE,
2020–2024 (USD MILLION) 129
TABLE 124 US: COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE,
2025–2030 (USD MILLION) 129
TABLE 125 CANADA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 130
TABLE 126 CANADA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 130
TABLE 127 CANADA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 130
TABLE 128 CANADA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 131
TABLE 129 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 132
TABLE 130 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 132
TABLE 131 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2020–2024 (MWH) 133
TABLE 132 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2025–2030 (MWH) 133
TABLE 133 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2020–2024 (USD MILLION) 133
TABLE 134 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2025–2030 (USD MILLION) 134
TABLE 135 ASIA PACIFIC: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2020–2024 (MWH) 134
TABLE 136 ASIA PACIFIC: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2025–2030 (MWH) 134
TABLE 137 ASIA PACIFIC: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2020–2024 (MW) 135
TABLE 138 ASIA PACIFIC: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2025–2030 (MW) 135
TABLE 139 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY TYPE, 2020–2024 (USD MILLION) 135
TABLE 140 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY TYPE, 2025–2030 (USD MILLION) 136
TABLE 141 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY CAPACITY, 2020–2024 (USD MILLION) 136
TABLE 142 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY CAPACITY, 2025–2030 (USD MILLION) 136
TABLE 143 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY STORAGE FORM, 2020–2024 (USD MILLION) 137
TABLE 144 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY STORAGE FORM, 2025–2030 (USD MILLION) 137
TABLE 145 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY APPLICATION, 2020–2024 (USD MILLION) 137
TABLE 146 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY APPLICATION, 2025–2030 (USD MILLION) 137
TABLE 147 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY COUNTRY, 2020–2024 (USD MILLION) 138
TABLE 148 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET,
BY COUNTRY, 2025–2030 (USD MILLION) 138
TABLE 149 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2020–2024 (MWH) 138
TABLE 150 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2025–2030 (MWH) 139
TABLE 151 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2020–2024 (USD MILLION) 139
TABLE 152 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2025–2030 (USD MILLION) 139
TABLE 153 ASIA PACIFIC: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2020–2024 (MWH) 140
TABLE 154 ASIA PACIFIC: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2025–2030 (MWH) 140
TABLE 155 ASIA PACIFIC: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2020–2024 (MW) 141
TABLE 156 ASIA PACIFIC: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2025–2030 (MW) 141
TABLE 157 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY COUNTRY, 2020–2024 (USD MILLION) 141
TABLE 158 ASIA PACIFIC: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY COUNTRY, 2025–2030 (USD MILLION) 142
TABLE 159 CHINA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 142
TABLE 160 CHINA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 143
TABLE 161 CHINA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 143
TABLE 162 CHINA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 143
TABLE 163 AUSTRALIA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 144
TABLE 164 AUSTRALIA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 144
TABLE 165 AUSTRALIA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 145
TABLE 166 AUSTRALIA: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 145
TABLE 167 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 147
TABLE 168 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 147
TABLE 169 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2020–2024 (MWH) 147
TABLE 170 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2025–2030 (MWH) 147
TABLE 171 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2020–2024 (USD MILLION) 148
TABLE 172 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY TYPE, 2025–2030 (USD MILLION) 148
TABLE 173 EUROPE: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2020–2024 (MWH) 148
TABLE 174 EUROPE: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2025–2030 (MWH) 149
TABLE 175 EUROPE: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2020–2024 (MW) 149
TABLE 176 EUROPE: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY TYPE, 2025–2030 (MW) 149
TABLE 177 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY TYPE, 2020–2024 (USD MILLION) 150
TABLE 178 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY TYPE, 2025–2030 (USD MILLION) 150
TABLE 179 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY CAPACITY, 2020–2024 (USD MILLION) 150
TABLE 180 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY CAPACITY, 2025–2030 (USD MILLION) 151
TABLE 181 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY STORAGE FORM, 2020–2024 (USD MILLION) 151
TABLE 182 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY STORAGE FORM, 2025–2030 (USD MILLION) 151
TABLE 183 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY APPLICATION, 2020–2024 (USD MILLION) 152
TABLE 184 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY APPLICATION, 2025–2030 (USD MILLION) 152
TABLE 185 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY COUNTRY, 2020–2024 (USD MILLION) 152
TABLE 186 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY COUNTRY, 2025–2030 (USD MILLION) 153
TABLE 187 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY COUNTRY, 2020–2024 (MWH) 153
TABLE 188 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET,
BY COUNTRY, 2025–2030 (MWH) 154
TABLE 189 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2020–2024 (USD MILLION) 154
TABLE 190 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR CAPEX,
BY COUNTRY, 2025–2030 (USD MILLION) 155
TABLE 191 EUROPE: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2020–2024 (MWH) 155
TABLE 192 EUROPE: OPERATIONAL STORAGE CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2025–2030 (MWH) 156
TABLE 193 EUROPE: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2020–2024 (MW) 156
TABLE 194 EUROPE: OPERATIONAL OUTPUT CAPACITY OF COMPRESSED AIR ENERGY STORAGE SYSTEMS, BY COUNTRY, 2025–2030 (MW) 157
TABLE 195 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY COUNTRY, 2020–2024 (USD MILLION) 157
TABLE 196 EUROPE: COMPRESSED AIR ENERGY STORAGE MARKET FOR OPEX,
BY COUNTRY, 2025–2030 (USD MILLION) 158
TABLE 197 GERMANY: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 158
TABLE 198 GERMANY: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 159
TABLE 199 GERMANY: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 159
TABLE 200 GERMANY: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 159
TABLE 201 UK: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 160
TABLE 202 UK: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 160
TABLE 203 UK: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 160
TABLE 204 UK: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 161
TABLE 205 NETHERLANDS: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 162
TABLE 206 NETHERLANDS: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 162
TABLE 207 NETHERLANDS: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 162
TABLE 208 NETHERLANDS: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 163
TABLE 209 SWITZERLAND: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2020–2024 (USD MILLION) 163
TABLE 210 SWITZERLAND: COMPRESSED AIR ENERGY STORAGE MARKET,
BY TYPE, 2025–2030 (USD MILLION) 164
TABLE 211 SWITZERLAND: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2020–2024 (USD MILLION) 164
TABLE 212 SWITZERLAND: COMPRESSED AIR ENERGY STORAGE MARKET,
BY EXPENDITURE TYPE, 2025–2030 (USD MILLION) 164
TABLE 213 COMPRESSED AIR ENERGY STORAGE MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, JUNE 2021– JULY 2025 167
TABLE 214 COMPRESSED AIR ENERGY STORAGE MARKET: REGION FOOTPRINT 175
TABLE 215 COMPRESSED AIR ENERGY STORAGE MARKET: TYPE FOOTPRINT 176
TABLE 216 COMPRESSED AIR ENERGY STORAGE MARKET: STORAGE FORM FOOTPRINT 177
TABLE 217 COMPRESSED AIR ENERGY STORAGE MARKET: CAPACITY FOOTPRINT 178
TABLE 218 COMPRESSED AIR ENERGY STORAGE MARKET: APPLICATION FOOTPRINT 179
TABLE 219 COMPRESSED AIR ENERGY STORAGE MARKET: DEALS, JUNE 2021–JULY 2025 180
TABLE 220 COMPRESSED AIR ENERGY STORAGE MARKET: EXPANSIONS,
JUNE 2021–JULY 2025 181
TABLE 221 COMPRESSED AIR ENERGY STORAGE MARKET: OTHER DEVELOPMENTS,
JUNE 2021–JULY 2025 183
TABLE 222 HYDROSTOR: COMPANY OVERVIEW 184
TABLE 223 HYDROSTOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 185
TABLE 224 HYDROSTOR: DEALS 185
TABLE 225 HYDROSTOR: OTHER DEVELOPMENTS 186
TABLE 226 STORELECTRIC LTD: COMPANY OVERVIEW 188
TABLE 227 STORELECTRIC LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 189
TABLE 228 STORELECTRIC LTD: DEALS 189
TABLE 229 STORELECTRIC LTD: EXPANSIONS 190
TABLE 230 CORRE ENERGY: COMPANY OVERVIEW 191
TABLE 231 CORRE ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 191
TABLE 232 CORRE ENERGY: DEALS 192
TABLE 233 CORRE ENERGY: EXPANSIONS 192
TABLE 234 APEX CAES: COMPANY OVERVIEW 194
TABLE 235 APEX CAES: PRODUCTS/SERVICES/SOLUTIONS OFFERED 194
TABLE 236 AUGWIND: COMPANY OVERVIEW 196
TABLE 237 AUGWIND: PRODUCTS/SERVICES/SOLUTIONS OFFERED 197
TABLE 238 AUGWIND: DEALS 197
TABLE 239 AUGWIND: EXPANSIONS 198
TABLE 240 HIGHVIEW POWER: COMPANY OVERVIEW 199
TABLE 241 HIGHVIEW POWER: PRODUCTS/SERVICES/SOLUTIONS OFFERED 200
TABLE 242 HIGHVIEW POWER: DEALS 200
TABLE 243 HIGHVIEW POWER: EXPANSIONS 201
TABLE 244 HIGHVIEW POWER: OTHER DEVELOPMENTS 201
TABLE 245 KEEP ENERGY SYSTEMS: COMPANY OVERVIEW 202
TABLE 246 KEEP ENERGY SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 202
TABLE 247 BAROMAR: COMPANY OVERVIEW 203
TABLE 248 BAROMAR: PRODUCTS/SERVICES/SOLUTIONS OFFERED 203
TABLE 249 BAROMAR: DEALS 204
TABLE 250 SHERWOOD POWER: COMPANY OVERVIEW 205
TABLE 251 SHERWOOD POWER: PRODUCTS/SERVICES/SOLUTIONS OFFERED 205
TABLE 252 SHERWOOD POWER: DEVELOPMENTS 206
TABLE 253 TERRASTOR ENERGY CORPORATION: BUSINESS OVERVIEW 207
TABLE 254 ALACAES: BUSINESS OVERVIEW 207
TABLE 255 ENAIRYS POWERTECH: BUSINESS OVERVIEW 208
TABLE 256 POWERPHASE INTERNATIONAL: BUSINESS OVERVIEW 208
TABLE 257 BRAYTON ENERGY, LLC: BUSINESS OVERVIEW 209
TABLE 258 SIEMENS ENERGY: COMPANY OVERVIEW 210
TABLE 259 SIEMENS ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 212
TABLE 260 SIEMENS ENERGY: DEALS 212
TABLE 261 EVERLLENCE: COMPANY OVERVIEW 213
TABLE 262 EVERLLENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 263 EVERLLENCE: DEVELOPMENTS 214
TABLE 264 INGERSOLL RAND: COMPANY OVERVIEW 215
TABLE 265 INGERSOLL RAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED 216
TABLE 266 INGERSOLL RAND: DEALS 217
TABLE 267 KOBE STEEL, LTD.: COMPANY OVERVIEW 218
TABLE 268 KOBE STEEL, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 269 DOOSAN ŠKODA POWER: COMPANY OVERVIEW 220
TABLE 270 DOOSAN ŠKODA POWER: PRODUCTS/SOLUTIONS/SERVICES OFFERED 221
TABLE 271 GREEN-Y ENERGY AG: COMPANY OVERVIEW 222
TABLE 272 GREEN-Y ENERGY AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 222
TABLE 273 GREEN-Y ENERGY AG: DEVELOPMENTS 223
TABLE 274 SHAANGU: COMPANY OVERVIEW 224
TABLE 275 SHAANGU: PRODUCTS/SOLUTIONS/SERVICES OFFERED 224
TABLE 276 SHAANGU: DEALS 225
TABLE 277 SHAANGU: OTHER DEVELOPMENTS 226
TABLE 278 HARBIN TURBINE COMPANY LIMITED: BUSINESS OVERVIEW 227
TABLE 279 ATLAS COPCO GROUP: BUSINESS OVERVIEW 228
TABLE 280 MITSUBISHI HEAVY INDUSTRIES, LTD.: BUSINESS OVERVIEW 228
LIST OF FIGURES
FIGURE 1 COMPRESSED AIR ENERGY STORAGE MARKET SEGMENTATION
AND REGIONAL SCOPE 26
FIGURE 2 DURATION CONSIDERED 28
FIGURE 3 COMPRESSED AIR ENERGY STORAGE MARKET: RESEARCH DESIGN 30
FIGURE 4 KEY DATA FROM SECONDARY SOURCES 31
FIGURE 5 KEY DATA FROM PRIMARY SOURCES 32
FIGURE 6 KEY INDUSTRY INSIGHTS 33
FIGURE 7 BREAKDOWN OF PRIMARIES, BY COMPANY TYPE, DESIGNATION, AND REGION 33
FIGURE 8 COMPRESSED AIR ENERGY STORAGE MARKET: DATA TRIANGULATION 34
FIGURE 9 COMPRESSED AIR ENERGY STORAGE MARKET: BOTTOM-UP APPROACH 35
FIGURE 10 COMPRESSED AIR ENERGY STORAGE MARKET: TOP-DOWN APPROACH 36
FIGURE 11 KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR COMPRESSED
AIR ENERGY STORAGE SOLUTIONS 36
FIGURE 12 KEY METRICS CONSIDERED TO ANALYZE SUPPLY OF COMPRESSED AIR ENERGY STORAGE SOLUTIONS 37
FIGURE 13 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF GLOBAL COMPRESSED AIR ENERGY STORAGE MARKET IN 2025 40
FIGURE 14 ADIABATIC SEGMENT TO LEAD COMPRESSED AIR ENERGY STORAGE MARKET THROUGHOUT FORECAST PERIOD 40
FIGURE 15 LARGE-SCALE SEGMENT TO ACCOUNT FOR PROMINENT SHARE OF COMPRESSED AIR ENERGY STORAGE MARKET, BY CAPACITY, IN 2025 41
FIGURE 16 UNDERGROUND SEGMENT TO DOMINATE COMPRESSED AIR ENERGY STORAGE MARKET, BY STORAGE FORM, IN 2025 41
FIGURE 17 RENEWABLE ENERGY INTEGRATION SEGMENT TO LEAD MARKET,
BY APPLICATION, IN 2025 42
FIGURE 18 INTEGRATION OF RENEWABLE ENERGY AND NEED FOR LONG-DURATION POWER STORAGE FOR MAINTAINING GRID STABILITY TO DRIVE MARKET 43
FIGURE 19 CAPEX SEGMENT AND CHINA HELD LARGER SHARE OF COMPRESSED AIR ENERGY STORAGE MARKET IN ASIA PACIFIC IN 2024 43
FIGURE 20 ADIABATIC SEGMENT TO ACCOUNT FOR MAJORITY OF MARKET SHARE IN 2030 44
FIGURE 21 CAPEX SEGMENT TO HOLD PROMINENT SHARE OF COMPRESSED AIR ENERGY STORAGE MARKET IN 2030 44
FIGURE 22 UNDERGROUND SEGMENT TO CAPTURE LARGER SHARE OF COMPRESSED
AIR ENERGY STORAGE MARKET IN 2030 45
FIGURE 23 RENEWABLE ENERGY INTEGRATION SEGMENT TO SECURE SIGNIFICANT
MARKET SHARE IN 2030 45
FIGURE 24 EUROPE TO RECORD HIGHEST CAGR IN COMPRESSED AIR ENERGY STORAGE MARKET FROM 2025 TO 2030 46
FIGURE 25 COMPRESSED AIR ENERGY STORAGE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 47
FIGURE 26 GLOBAL INSTALLED RENEWABLE ENERGY CAPACITY, BY TECHNOLOGY, 2024 48
FIGURE 27 GLOBAL INSTALLED ENERGY STORAGE CAPACITY, 2023 50
FIGURE 28 JURISDICTION-WISE TARGETS, POLICIES, AND FISCAL/FINANCIAL INCENTIVES
FOR RENEWABLE ENERGY STORAGE TECHNOLOGY, 2023 51
FIGURE 29 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 53
FIGURE 30 COMPRESSED AIR ENERGY STORAGE SUPPLY CHAIN 54
FIGURE 31 COMPRESSED AIR ENERGY STORAGE ECOSYSTEM 57
FIGURE 32 PATENT APPLIED AND GRANTED, 2015–2024 60
FIGURE 33 IMPORT SCENARIO FOR HS CODE 841490-COMPLIANT PRODUCTS
IN TOP 5 COUNTRIES, 2022–2024 63
FIGURE 34 EXPORT SCENARIO FOR HS CODE 841490-COMPLIANT PRODUCTS
IN TOP 5 COUNTRIES, 2022–2024 64
FIGURE 35 PORTER’S FIVE FORCES ANALYSIS 70
FIGURE 36 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION 72
FIGURE 37 KEY BUYING CRITERIA, BY APPLICATION 72
FIGURE 38 INVESTMENT AND FUNDING SCENARIO, 2020–2024 73
FIGURE 39 IMPACT OF AI/GEN AI ON COMPRESSED AIR ENERGY STORAGE
SUPPLY CHAIN, BY REGION 75
FIGURE 40 COMPRESSED AIR ENERGY STORAGE MARKET, BY EXPENDITURE TYPE, 2024 78
FIGURE 41 COMPRESSED AIR ENERGY STORAGE MARKET, BY TYPE, 2024 85
FIGURE 42 COMPRESSED AIR ENERGY STORAGE MARKET, BY STORAGE FORM, 2024 100
FIGURE 43 COMPRESSED AIR ENERGY STORAGE MARKET, BY CAPACITY, 2024 105
FIGURE 44 COMPRESSED AIR ENERGY STORAGE MARKET, BY APPLICATION, 2024 111
FIGURE 45 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025 116
FIGURE 46 COMPRESSED AIR ENERGY STORAGE MARKET SHARE, BY REGION, 2025 117
FIGURE 47 COMPRESSED AIR ENERGY STORAGE MARKET SNAPSHOT IN ASIA PACIFIC 132
FIGURE 48 COMPRESSED AIR ENERGY STORAGE MARKET SNAPSHOT IN EUROPE 146
FIGURE 49 MARKET RANKING OF KEY PLAYERS OFFERING COMPRESSED AIR ENERGY STORAGE SOLUTIONS, 2024 170
FIGURE 50 BRAND COMPARISON 172
FIGURE 51 COMPRESSED AIR ENERGY STORAGE MARKET: COMPANY EVALUATION MATRIX (TECHNOLOGY PROVIDERS), 2024 173
FIGURE 52 COMPRESSED AIR ENERGY STORAGE MARKET: COMPANY FOOTPRINT 174
FIGURE 53 SIEMENS ENERGY: COMPANY SNAPSHOT 211
FIGURE 54 INGERSOLL RAND: COMPANY SNAPSHOT 216
FIGURE 55 KOBE STEEL, LTD.: COMPANY SNAPSHOT 219
FIGURE 56 DOOSAN ŠKODA POWER: COMPANY SNAPSHOT 221
