2020 Thermal Energy Storage Market Report- by Technology Sensible, Latent, Thermochemical | Power Generation, District Heating and Cooling, Process Heating and Cooling

The global thermal energy storage market size is projected to grow from an estimated USD 188 million in 2020 to USD 369 million by 2025, at a CAGR of 14.4% from 2020 to 2025. 

ReportsnReports added Latest Thermal Energy Storage Market research report estimates the market size by the end of year at a CAGR, by deep-dive analysis of the historical data for the years. The main objective of this report is to determine Thermal Energy Storage Market status, forecast, growth opportunity, market size by analyzing segments such as key market players, regional classifications, product type and application industry. Thermal Energy Storage Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.

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Top Company Profile Analysis in this Report- Abengoa Solar (Spain), Burns & McDonnell (US), BrightSource Energy (US), Calmac (US), and Solar Reserve (US).

The report provides a complete view of the thermal energy storage market across regions. It aims at estimating the market size and future growth potential of the market across different segments such as type, capacity, technology, and fuel type. Furthermore, the report includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.

The market has been segmented based on type, capacity, technology, and fuel type with a focus on industry analysis (industry trends). The market ranking analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the thermal energy storage market.

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

Americas is the fastest-growing market for the thermal energy storage market. The growth of the market in the region is driven by the launch of various CSP projects and propelling demand for thermal energy storage for district heating & cooling applications. The US has been a pioneering market for concentrating solar power technology, with CSP installations since the 1980s. The stellar decline in solar PV prices took the attention away from the CSP industry, although project developments continued. The US is the only significant market in the region, with virtually no action in South America and Canada in the near future. However, Chile has some operational thermal energy projects and leads the market in South America with CSP installations for mining and utility-scale power supply.

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Key Benefits of Buying the Report
The report identifies and addresses  the key technologies that are essential for the thermal energy storage market
The report helps solution providers understand the pulse of the market and provide insights into drivers, opportunities, restraints, and challenges.
The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

Table of Contents in this Report-
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Inclusions And Exclusions
1.3.1 Thermal Energy Storage Market: Inclusions And Exclusions
1.4 Market Scope
1.4.1 Market Segmentation
1.4.2 Regions Covered
1.4.3 Years Considered
1.5 Currency
1.6 Limitations
1.7 Stakeholders
1.8 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Thermal Energy Storage Market: Research Design
2.2 Market Breakdown And Data Triangulation
Figure 2 Data Triangulation Methodology
2.2.1 Secondary Data
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Breakdown Of Primaries
Table 1 Thermal Energy Storage Market: Players/Companies Connected
2.3 Scope
Figure 3 Main Metrics Considered In Assessing Demand For Thermal Energy Storage Market
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.4.3 Ideal Demand-Side Analysis
2.4.3.1 Assumptions
2.4.3.2 Limitations
2.4.3.3 Calculation
2.4.4 Forecast
2.4.5 Supply-Side Analysis
Figure 6 Main Metrics Considered In Assessing Supply For Thermal Energy Storage Market
2.4.5.1 Calculation
2.4.5.2 Assumptions
Figure 7 Industry Concentration, 2019
2.5 Primary Insights

3 Executive Summary
3.1 Scenario Analysis
Figure 8 Scenario Analysis: Thermal Energy Storage, 2018-2025
3.1.1 Optimistic Scenario
3.1.2 Realistic Scenario
3.1.3 Pessimistic Scenario
Table 2 Thermal Energy Storage Market Snapshot
Figure 9 Americas To Grow At Highest Cagr In Thermal Energy Storage Market During Forecast Period
Figure 10 Latent Heat Storage Segment To Grow At Highest Cagr In Thermal Energy Storage Market During Forecast Period
Figure 11 Molten Salts Segment To Continue To Account For Largest Market Size During Forecast Period
Figure 12 Power Generation Segment To Witness Fastest Growth In Thermal Energy Storage Market During Forecast Period
Figure 13 Utilities Segment To Witness Fastest Growth In Thermal Energy Storage Market During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities In Thermal Energy Storage Market
Figure 14 Decentralization Of Renewable Energy Sector To Drive Thermal Energy Storage Market During Forecast Period
4.2 Thermal Energy Storage Market, By Technology
Figure 15 Sensible Heat Storage Segment To Dominate Thermal Energy Storage Market, By Technology, During Forecast Period
4.3 Thermal Energy Storage Market, By Storage Material
Figure 16 Molten Salts Segment Captured Largest Share Of Thermal Energy Storage Market In 2019
4.4 Thermal Energy Storage Market, By Application
Figure 17 District Heating & Cooling Segment Captured Largest Share Of Thermal Energy Storage Market In 2019
4.5 Thermal Energy Storage Market, By End User
Figure 18 Utilities Segment Commanded Largest Share Of Thermal Energy Storage Market In 2019
4.6 Thermal Energy Storage Market, By Region
Figure 19 Thermal Energy Storage Market In Americas To Grow At Highest Cagr During Forecast Period
4.7 Thermal Energy Storage Market In Americas, By End User & Country
Figure 20 Utilities Segment And Us Dominated Thermal Energy Storage Market In Americas In 2019

5 Market Overview

and more..

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