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Thermal Energy Storage Market Trends, Regulations And Competitive Landscape Outlook to 2022

03-20-2017 11:20 AM CET | Energy & Environment

Press release from: RNR Market Research

Thermal Energy Storage

Thermal Energy Storage

RnRMarketResearch Add New “Thermal Energy Storage Market Trends, Regulations And Competitive Landscape Outlook to 2022” Market Research Report to It’s a Database.

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The thermal energy storage market is projected to reach USD 6.20 billion by 2022, growing at a CAGR of 11.0% from 2017 to 2022. Rising momentum of renewable energy generation (concentrated solar power), increasing demand for Thermal Energy Storage (TES) in HVAC for district heating &cooling, and process heating &cooling are expected to drive the TES market. On the other hand, high grid interconnection barriers and lack of technical expertise are the major restraints of the global thermal energy storage market.

Sensible heat based thermal energy storage has maximum share in the total thermal energy storage market.The most widely commercially used storage material for sensible heat storage medium is water, which is economical to operate and has a number of residential and industrial applications. With regards to technology, the sensible heat segment is estimated to grow at the fastest CAGR during the forecast period. The market is driven by increasing demand for renewable power, such as Concentrating Solar Power (CSP) plants, in the Middle East & Africa. Latent heat storage of thermal energy held the second highest market size in the total thermal energy storage market by technology.

Breakdown of Primaries:

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. The distribution of primary interviews is as follows:

• By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
• By Designation: C-Level- 35%, D-Level- 25%, Others- 40%
• By Region: Asia-Pacific- 45%, Europe-30%, Americas- 15%,Middle East & Africa- 10%

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Key points from table of content:

Company Profiles :

(Overview, Products & Services, Strategies & Insights, Developments)*

12.1 Introduction

12.2 Abengoa Solar, S.A.
12.2.1 Products Offered
12.2.2 Developments, 2011–2014

12.3 Brightsource Energy, Inc.
12.3.1 Products Offered
12.3.2 Developments, 2013–2016

12.4 Solarreserve, LLC
12.4.1 Products Offered
12.4.2 Developments, 2010–2017

12.5 Baltimore Aircoil Company
12.5.1 Products Offered
12.5.2 Developments, (2010–2017)

12.6 Caldwell Energy
12.6.1 Products Offered
12.6.2 Developments, 2014–2016

12.7 Burns & Mcdonnell
12.7.1 Products Offered
12.7.2 Developments, 2010–2016

12.8 Calmac
12.8.1 Products Offered
12.8.2 Developments, 2013–2016

12.9 Cristopia Energy Systems
12.9.1 Products Offered
12.9.2 Developments, 2014–2016

12.10 Cryogel
12.10.1 Products Offered
12.10.2 Developments, 2010–2016

12.14 Goss Engineering
12.14.1 Products Offered
12.14.2 Developments, 2008–2017

12.15 Ice Energy
12.15.1 Products Offered
12.15.2 Developments, 2014–2017

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