Molten Salt Thermal Energy Storage Market 2019 Revenue and Forecast with Top Industries Insights

The increasing adoption of renewable energy sources has boosted the demand for energy storage systems (ESSs) from various market segments including residential houses, utilities, and commercial and industrial companies. Because of its cost-effectiveness, commercial and industrial building owners are increasingly using ESSs to reduce their power bills. Molten salt thermal ESSs enable end-users to generate electricity from stored heat during peak power demand, thereby eliminating the need to draw power from the power grid and avoid peak demand charges. With the addition of concentrated solar power to the energy mix, the demand for molten salt thermal storage will also increase.

The global molten salt thermal energy storage market is expected to register a CAGR of over XX% during the forecast period. However, the market’s growth momentum will decrease in the coming years because of the decline in year-over-year growth.

Request a Sample PDF Brochure: 
https://www.worldwidemarketreports.com/sample/286378

The major players profiled in this report include:
BrightSource Energy
Abengoa
Areva
Acciona
ESolar
SolarReserve
Wilson Solarpower
Novatec
Shams Power
ACWA
SUPCON
Thai Solar Energy
Sunhome

The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
Tower-type Solar Power Tower System
Dish Concentrating Solar Power Systems

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Molten Salt Thermal Energy Storage (TES) for each application, including-
CSP System
Generate Electricity
Industrial Heating

Place an Inquire before Purchase: 
https://www.worldwidemarketreports.com/quiry/286378

Mr. Shah
Worldwide Market Reports
1001 4th Ave,
#3200
Seattle, WA 98154,
U.S
Email:sales@worldwidemarketreports.com

About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

This release was published on openPR.