Press release
Thermal Energy Storage Market Research Report by IMARC Group.com 2020-2025
Request for a free sample copy of this report: https://www.imarcgroup.com/thermal-energy-storage-market/requestsample
The growing consumption of electricity and the rising frequency of power cuts have escalated the need for continuous power supply across the globe. This, along with the increasing demand for TES systems in heating, ventilation, and air conditioning (HVAC), is driving the TES market growth. Additionally, increasing environmental consciousness, coupled with the adoption of TES for power generation in green buildings, is strengthening the demand for these storage systems. Furthermore, governments of several countries are also encouraging the use of renewable and environment-friendly resources, which is projected to impel the market growth in the coming years.
Explore full report with table of contents: https://www.imarcgroup.com/thermal-energy-storage-market
Breakup by Storage Type:
Sensible Heat Storage
Latent Heat Storage
Thermochemical Heat Storage
Breakup by Technology:
Molten Salt Technology
Electric Thermal Storage Heaters
Solar Energy Storage
Ice-Based Technology
Miscibility Gap Alloy Technology (MGA)
Others
Breakup by Material Type:
Water
Molten Salt
Phase Change Materials (PCM)
Others
Breakup by Application:
Power Generation
District Heating and Cooling
Process Heating and Cooling
Breakup by End-Use:
Residential and Commercial Sector
Utility Industry
Other Industries
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Abengoa Solar S.A., Baltimore Aircoil Company Inc., Brightsource Energy Inc., Burns & McDonnell Inc., Chicago Bridge & Iron Company, DC Pro Engineering, Fafco Inc., Ice Energy Technologies Inc., Solarreserve LLC, Steffes Corporation, Terrafore Technologies LLC, etc.
Browse Related Report
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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