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Global Thermal Energy Storage Market: Emerging Trends, Major Key Players Abengoa and Burns & McDonnell
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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global THERMAL ENERGY STORAGE MARKET industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.
Impact of COVID-19
The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Thermal Energy Storage Market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend
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Key Players
Some of the major Thermal Energy Storage Market players holding highest market share include Abengoa, Burns & McDonnell, SolarReserve and BrightSource Energy. These players use new product development as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Abengoa
• Burns & McDonnell
• SolarReserve
• BrightSource Energy
• Calmac
• MAN energy solution
• Goss Engineering
• Steffes Corporation
• DN tanks
• Turbine Air Systems
Segmental Analysis
Market Segment By Technology with focus on market share, consumption trend, and growth rate of THERMAL ENERGY STORAGE MARKET:
● Sensible Heat Storage
● Latent Heat Storage
● Thermochemical Storage
Market Segment By Storage Material with focus on market share, consumption trend, and growth rate of THERMAL ENERGY STORAGE MARKET:
• Water
• Molten Salts
• Phase Change Materials
• Others
Market Segment By Application with a focus on market share, consumption trend, and growth rate of THERMAL ENERGY STORAGE MARKET:
• Power Generation
• District Heating & Cooling
• Process Heating & Cooling
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Global Thermal Energy Storage Market Geographic Coverage:
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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