Press release
Global Thermal Energy Storage Market 2020 Size, Growth Analysis Report, Forecast to 2026
The thermal energy storage market is anticipated to grow at a CAGR of more than 8.0% during the forecast period. The thermal energy storage industry is anticipated to witness high growth with the growing emphasis on technology that supports a decrease in the emission of greenhouse gases and rising energy dependency on renewable energy sources expected to fuel the demand for thermal energy storage systems. Moreover, emerging technology such as latent heat technology is anticipated to boost the demand for the market during the forecast period.To Request a Sample of our Report on Global Thermal Energy Storage Market: https://www.omrglobal.com/request-sample/thermal-energy-storage-market
Growing adopting renewable energy sources such as solar and wind energy supported by government and rising demand for continuous power supply is fueling the market growth. Further, there is a significant demand forthe thermal energy storage in ventilation, heating, air conditioning (HVAC) for district heating & cooling is anticipated to fuel the market growth. However, the lack of highly skilled technicians to maintain the system and additional cost associated with the use of a thermal energy storage system is one of the restraining factors for the market growth over the forecast period.
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A full Report of Global Thermal Energy Storage Market is Available at: https://www.omrglobal.com/industry-reports/thermal-energy-storage-market
Global Thermal Energy Storage Market Segmentation
By Technology
• Sensible Storage
• LatentStorage
• ThermochemicalStorage
By Application
• Power Generation
• District Heating & Cooling
• Process Heating & Cooling
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe
Asia-Pacific
• India
• China
• Japan
• Rest oF APAC
Rest of The World
Company Profiles
• Abengoa S.A.
• Axiom Exergy, Inc.
• Baltimore Aircoil Co.
• Brightsource Energy, Inc.
• Burns & McDonnell, Inc.
• Caldwell Energy Co.
• Cryogel Thermal Energy Storage
• DN Tanks, Inc.
• Dunham-Bush Holding Bhd
• EVAPCO, Inc.
• FAFCO, Inc.
• FinetexEnE, Inc.
• Goss Engineering
• Johnson Control, Inc.
• McDermott International, Inc.
• SolarReserve, LLC
• Steffes, LLC
• Sunwell Technologies, Inc.
• TAS Energy, Inc.
• Terrafore Technologies LLC
• Trane Technologies (Ingersoll Rand
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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/thermal-energy-storage-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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