User: Guest
Compressed Air Energy Storage

A Global Strategic Business Report

MCP11233

RESEARCH DASHBOARD

OCT 2025

RELEASE DATE

896

EXECUTIVE POOL

5850

PRICE

179

EXPERT INPUTS

27

COMPANIES

52

DATA TABLES

191

PAGES

11

EDITION
WHAT'S BEHIND OUR DATA?

140857226

DOMAIN TRANSCRIPTS

6080276

BRANDS TRACKED

1729341

FEATURED COMPANIES

22574

TOPICS COVERED

82719

MARKET SEGMENTS

91

KEY INDUSTRIES

1574

CURATION TEAM

4761909

DECISION MAKERS
EXECUTIVE ENGAGEMENTS BY TIER (435)

37

CXO

53

VICE PRESIDENT

88

DIRECTOR

218

MANAGER

39

MARKETING
REQUEST FULL-STACK INDEX Includes 350+ pages validated sources
QUESTIONNAIRE EXECUTIVES DATA ROOM
  

HIGHLIGHTS & REPORT INDEX

Global Compressed Air Energy Storage Market to Reach US$19.8 Billion by 2030

The global market for Compressed Air Energy Storage estimated at US$6.5 Billion in the year 2024, is expected to reach US$19.8 Billion by 2030, growing at a CAGR of 20.5% over the analysis period 2024-2030. Renewable Energy Integration, one of the segments analyzed in the report, is expected to record a 20.7% CAGR and reach US$8.8 Billion by the end of the analysis period. Growth in the Grid Optimization segment is estimated at 17.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.4 Billion While China is Forecast to Grow at 19.3% CAGR

The Compressed Air Energy Storage market in the U.S. is estimated at US$2.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 19.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 15.8% and 21.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20.0% CAGR.

Global Compressed Air Energy Storage Market - Key Trends & Drivers Summarized

Compressed Air Energy Storage (CAES) is an innovative technology that addresses the challenges of energy storage and grid stability, particularly in the context of renewable energy integration; grid optimization; and T&D deferrals. CAES systems store energy by compressing air and storing it in underground caverns or large above-ground tanks. When electricity demand is high, the compressed air is released and heated, driving a turbine to generate electricity. This technology is especially valuable for balancing the intermittent nature of renewable energy sources like wind and solar, providing a reliable and flexible means of storing excess energy generated during periods of low demand and releasing it during peak consumption times.

The market for CAES is growing due to the increasing emphasis on renewable energy and the need for efficient energy storage solutions. As the share of renewable energy in the global energy mix continues to rise, the variability of these sources poses significant challenges for grid stability and reliability. CAES offers a scalable and long-duration storage option that can complement other storage technologies like batteries. Recent advancements in thermodynamic cycles and materials science are enhancing the efficiency and cost-effectiveness of CAES systems. Additionally, regulatory support and government incentives for clean energy projects are driving investments in CAES infrastructure.

The growth in the Compressed Air Energy Storage market is driven by several factors. Firstly, the rising adoption of renewable energy sources is increasing the demand for effective energy storage solutions to ensure grid stability. Secondly, advancements in CAES technology, including improvements in thermodynamic efficiency and storage capacity, are making these systems more viable and attractive. Thirdly, the growing need for long-duration energy storage to manage peak loads and integrate renewable energy is boosting the market for CAES. Lastly, supportive government policies and incentives for clean energy projects are encouraging the development and deployment of CAES systems. These factors collectively contribute to the expanding market for compressed air energy storage.

SCOPE OF STUDY

The report analyzes the Compressed Air Energy Storage market by the following Segments, and Geographic Regions/Countries:

Segments:

End-Use (Renewable Energy Integration, Grid Optimization, T&D Deferral).

Geographic Regions/Countries:

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World..

SELECT PLAYERS

Siemens Energy AG; Pacific Gas & Electric Company; Hydrexia; Hydrostor, Inc.; Korea Electric Power Corporation (KEPCO); NRStor, Inc.; MAN Energy Solutions SE; Enel Green Power SpA; Gravitricity

AI INTEGRATIONS

We’re transforming market and competitive intelligence with validated expert content and AI tools.

Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

TABLE OF CONTENTS

1. MARKET OVERVIEW
Tariff Impact on Global Supply Chain Patterns
Competitive Scenario
Compressed Air Energy Storage – Global Key Competitors Percentage Market Share in 2025 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for 27 Players Worldwide in 2025 (E)
Global Compressed Air Energy Storage Market to Enjoy Strong Windfalls Ahead
Rising Energy Demand Sets Compressed Air Energy Storage Market on Boiling Point: Outlook
EXHIBIT: World Compressed Air Energy Storage Market by End-Use (2024 & 2030): Percentage Breakdown of Sales for Renewable Energy Integration, Grid Optimization, and T&D Deferral
Drivers Keeping Global Compressed Air Energy Storage Market in Hot Seat
Renewables Going Strong, CAES to Record Strong Growth
Compressed Air Energy Storage on Cloud Nine with Flurry of Ambitious Projects
Diabatic Technology Enjoys Monopoly in Global Compressed Air Energy Storage Market
Regional Analysis: North America Emerges as Major Hub for Compressed Air Energy Storage Projects
EXHIBIT: World Compressed Air Energy Storage Market by Region (2024 & 2030): Percentage Breakdown of Revenues for Developed and Developing Regions
EXHIBIT: World Compressed Air Energy Storage Market - Geographic Regions Ranked by CAGR (Revenues) for 2023-2030: USA, Canada, China, Asia-Pacific, Rest of World, Europe, and Japan
Hydrostor Facilities to Provide Big Boost to Compressed Air Energy Storage
India: Development of Energy Storage Critical for Attaining Renewables-Related Goals
Israel: Augwind’s AirBattery Compressed Air Energy Storage Solution
China: Salt Cavern CAES, the First in the Country, Becomes Operational
Australia: A-CAES System of Hydrostor Selected for Energy Supply Backup in Rural New South Wales
Compressed Air Energy Storage (CAES): Bundling Energy for Use at Peak Hours
EXHIBIT: Total Electrical Energy Stored Over Lifetime of Storage Technology
CAES Technologies
Pushing Efficiency & Maintaining High Pressure
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Compressed Air Energy Storage Gains Attention
CAES Helps Clean Energy Sector Gather Full Steam Ahead
Intriguing Advantages Widen the Business Case for CASE
Compressed Air Energy Storage Technology: Galvanizing Socio-Economic Gains
Compressed Air Energy Storage Emerges as Ideal Companion of Renewable Energy
Renewable Energy Sector on Growth Trajectory
A Note on Renewable Energy Programs in Select Countries
EXHIBIT: Targets for Electricity Production from Renewable Energy Sources Worldwide by Country
EXHIBIT: Global Levelized Cost (US$ Per MWh) of Energy Storage Technologies in Utilities by Type: 2015 and 2030
Intermittent Nature of Renewable Energy Favors CAES Adoption
Electricity Demand Patterns Encourage Market Expansion
EXHIBIT: Global Energy Demand & Growth (In Million Tonnes of Oil Equivalent (Mtoe)) for the Years 1990, 2000, 2010, 2020, 2030 and 2040
Demographic Trends and Urbanization Drive Electricity Demand
EXHIBIT: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
EXHIBIT: Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
Growing Importance of Grid Connected Energy Storage Augurs Well
EXHIBIT: Global Energy Production by Energy Source (2017, 2020, 2030 and 2040): Breakdown of Electricity (Billion Kilowatt Hours) and Percentage Share for Petroleum, Nuclear, Natural Gas, Coal and Renewables
Grid Modernization Programs Emphasize Grid Connected Energy Storage
Grid Reliability Assurances from CAES Promote Uptake
Compressed Air Energy Storage Walks in the Air & Offers Viable Option for Grid-Scale Storage
CAES to Help Utilities Realize Zero-Carbon Grid Targets
EnPowered Payments, A Unique On-bill Payments Platform Helping Customers Easily Secure CAES Systems
What Makes CAES a Strong Energy Storage Contender?
Smart Grids Elevate the Prospects
Strong Smart City Investments to Fuel Large-Scale Adoption
EXHIBIT: Number of Smart Cities Worldwide by Geographic Region (2025F)
Factors Impeding Implementation of CAES
Efforts to Make Compressed Air Storage an Appealing Option
4. GLOBAL MARKET PERSPECTIVE
World Compressed Air Energy Storage Market Analysis of Annual Sales in US$ Million for Years 2017 through 2030
World Recent Past, Current & Future Analysis for Compressed Air Energy Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
World Historic Review for Compressed Air Energy Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
World 13-Year Perspective for Compressed Air Energy Storage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2017, 2025 & 2030
World Recent Past, Current & Future Analysis for Renewable Energy Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
World Historic Review for Renewable Energy Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
World 13-Year Perspective for Renewable Energy Integration by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2025 & 2030
World Recent Past, Current & Future Analysis for Grid Optimization by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
World Historic Review for Grid Optimization by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
World 13-Year Perspective for Grid Optimization by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2025 & 2030
World Recent Past, Current & Future Analysis for T&D Deferral by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
World Historic Review for T&D Deferral by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
World 13-Year Perspective for T&D Deferral by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2025 & 2030
UNITED STATES
Compressed Air Energy Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
Small-Scale Renewable Energy Projects: A Threat to Grid-Scale Energy Storage?
USA Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
USA Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
USA 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
CANADA
Canada Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Canada Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Canada 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
JAPAN
Japan Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Japan Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Japan 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
CHINA
China to Experience Notable Adoption of Energy Storage Systems in Long Term
China Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
China Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
China 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
EUROPE
Compressed Air Energy Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
Advanced Energy Storage Gains Momentum in Western Europe
Europe Recent Past, Current & Future Analysis for Compressed Air Energy Storage by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
Europe Historic Review for Compressed Air Energy Storage by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Europe 13-Year Perspective for Compressed Air Energy Storage by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2017, 2025 & 2030
Europe Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Europe Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Europe 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
FRANCE
France Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
France Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
France 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
GERMANY
Germany Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Germany Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Germany 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
ITALY
Italy Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Italy Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Italy 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
UNITED KINGDOM
UK Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
UK Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
UK 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Rest of Europe Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Rest of Europe 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
ASIA-PACIFIC
Compressed Air Energy Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
Asia: A Potential Laden Market
Asia-Pacific Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Asia-Pacific Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Asia-Pacific 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030
REST OF WORLD
Compressed Air Energy Storage Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Rest of World for 2022 (E)
Rest of World Recent Past, Current & Future Analysis for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
Rest of World Historic Review for Compressed Air Energy Storage by End-Use - Renewable Energy Integration, Grid Optimization and T&D Deferral Markets - Independent Analysis of Annual Sales in US$ Million for Years 2017 through 2023 and % CAGR
Rest of World 13-Year Perspective for Compressed Air Energy Storage by End-Use - Percentage Breakdown of Value Sales for Renewable Energy Integration, Grid Optimization and T&D Deferral for the Years 2017, 2025 & 2030

COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

%

VALIDATED RESEARCH *

* Login to Participate & View Data Stacks

* Participating executives must be from a competitive company. Executive credentials are validated by a one-time two-factor authentication, in compliance with GDPR guidelines. Verified executives have complimentary access to our proprietary MarketGlassTM platform and relevant data silos including Trend Data; Brand/IP/TM Feeds; and Market Size, Share & Rank Clusters. Qualified influencers are also invited to join our Expert Panels. Privileges include purchase credits, and collaborative bespoke builds.

View All Companies...

PREVIEW REPORT

YOUR PRIVACY MATTERS!

Our robust permission-based engagement strategy requires a one-time double opt-in and/or re-consent for all users. We will re-establish consent once a year from date of last use. Both these practices exceed GDPR mandates.

What we store: Primary coordinates such as email, company address and phone. In-house developed influencer rank.
How we store: Encrypted and additionally secured by firewalls.
How we use your data: Only to contact you directly. We never share your coordinates with any individual or entity outside our company for any reason.
Privacy queries: [email protected]

Scroll