openPR Logo
Press release

Thermal Energy Storage Market is Expected To Exceed US$ 1750.0 Million by 2020

05-08-2017 04:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: (MRE) Reports

New York, May 08: Market Research Engine has published a new report titled as “Thermal Energy Storage Market by Technology (Sensible Heat, Latent Heat, and Thermochemical) for Commercial and Industrial, Utilities, and Residential End Use Applications - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020”

The thermal energy storage market is expected to exceed more than US$ 1750.0 Million by 2020 growing at a CAGR of more than 16% by 2020.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/thermal-energy-storage-market

Thermal energy storage technology is used for storage and transferring energy such as heat energy, energy from cold or ice water or air. This is very different technology need in many areas. In this it stores or collect the thermal energy for later use in many areas such as in town, district or at multi user building or individual building. Thermal energy storage technologies help to decrease utilization of energy and raise energy supply by proficiently utilizing re-new able energy sources. Many of renewable energy sources will not exist all over day, so that time thermal energy storage technology will be the best solution for use. Thermal energy storage technologies are also used for moving peak energy which is used into off peak hours.

The major driving factors of thermal energy storage market are as follows:

Development in variable energy sources drives acceptance of thermal energy storage technologies

Deferral of distribution and transmission rise through the use of thermal energy storage technologies

Increasing need for access to reliable, efficient, cost competitive electricity propels increase in the market

The restraints factors of thermal energy storage market are as follows:

High grid interconnection barriers and investment slow down development of the market

The thermal energy storage market is segmented on the lines of its technology, end user and type. Under technology segmentation it covers sensible heat, latent heat and thermo chemical storage. The thermal energy storage market is segmented on the lines of its end user like commercial, industrial and residential end user. Based on type segmentation it covers heat storage and solar power. The thermal energy storage market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for thermal energy storage and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2020.

3) Identifications of new market opportunities and targeted promotional plans for thermal energy storage

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include CALMAC, EVAPCO, Inc., Chicago Bridge & Iron Company (CB&I), and Goss Engineering, Inc. ,Abengoa Solar, S.A., Baltimore Aircoil Company, BrightSource Energy, Inc., Burns & McDonnell, Caldwell Energy, FAFCO Thermal Storage Systems, Ice Lings, Steffes Corporation, and TAS Energy.. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Thermal Energy Storage Market has been segmented as below:

By Technology Analysis

Sensible Heat
Latent Heat
Thermo chemical Storage

By End-user Analysis

Commercial
Industrial
Residential
By Type Analysis
Heat Storage
Solar power

By Regional Analysis

North America
Europe
Asia-Pacific
Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all thermal energy storage market globally.

2) Identify growth segments and opportunities in the industry.

3) Facilitate decision making on the basis of strong historic and forecast of coating industry and unit capacity data.

4) Assess your competitor’s refining portfolio and its evolution.

About MarketResearchEngine.com

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

Media Contact

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Country: United States
Website: https://www.marketresearchengine.com/

Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Thermal Energy Storage Market is Expected To Exceed US$ 1750.0 Million by 2020 here

News-ID: 526581 • Views:

More Releases from (MRE) Reports

Contrast Media Injectors Market share will Increase more than US$ 1.50 Billion By 2025
Contrast Media Injectors Market share will Increase more than US$ 1.50 Billion B …
In the past few years the demand for Contrast Media Injectors has increased. In contrast media injectors a radio opaque substance is injected in the body of human being for highlighting parts of the body for better diagnoses. Contrast Media Injectors enable radiologist to minutely analyze the normal and abnormal condition of human body. Research report clearly reflects that by 2025, there will be steady growth of more than US$
Healthcare Simulation Market is Expected to Cross US$ 2.50 Billion by 2022
The medical simulation market is segmented on the lines of its product and service, end user and geographic region. Based on product and service segmentation it covers simulation training services, simulation software, web based simulation, medical simulation anatomical models and endovascular simulators. Simulation software is further segmented into educational societies, custom consulting services and vender based training. Under simulation software it covers virtual tutors and performance recording software. Based on
Healthcare API Market is Expected to Exceed US$ 234 Million by 2024
The healthcare API market is segmented on the lines of its services, deployment model, and end user and on regional basis. Based on services segmentation it covers medical device (wearable), payment, remote patient monitoring, appointments and electronic health record access. Under deployment model segmentation it covers cloud based and on premise. End user segmentation covers vendors, patients, healthcare providers and healthcare payers. Browse Full Report @: https://www.marketresearchengine.com/reportdetails/healthcare-api-market-report How Big is the
Hazmat Suits Market is Expected to Exceed US$ 8.0 Billion by 2022
Hazmat Suits Market is Expected to Exceed US$ 8.0 Billion by 2022
The hazmat suits market is segmented on the lines of its application, end user, safety standards and regional. Based on application segmentation it covers hazardous materials, infection control and biohazard, chemical waste and others. Under end user segmentation the hazmat suits market covers healthcare, utilities, transportation, manufacturing, construction, mining and metallurgy, oil and gas and others. The hazmat suits market is segmented on the lines of its safety standards like

All 5 Releases


More Releases for Thermal

Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market …
According to Market Study Report, Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market provides a comprehensive analysis of the Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample PDF (including full TOC,
What is the Difference Between Direct Thermal and Thermal Transfer Labels?
Northern Label Systems, specialists in supplying high quality labels explain the differences between Direct Thermal https://www.northern-label-systems.co.uk/labels-by-type/direct-thermal-labels and Thermal Transfer Labels https://www.northern-label-systems.co.uk/labels-by-type/thermal-transfer-labels Thermal Transfer printing uses an ink ribbon to transfer the printed image from the heated printhead of the label printer onto the surface of the label while Direct Thermal printing transfers the image directly onto a heat sensitive material. There are advantages and disadvantages to both methods. Direct Thermal label
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.
Global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) …
Qyresearchreports include new market research report "Global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) Sales Market Report 2018" to its huge collection of research reports. This report studies the global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) market status and forecast, categorizes the global Thermal Carbon Black Products (Low Thermal, Medium Thermal, High Thermal) market size (value & volume) by key players, type, application, and
Blue Image Thermal Paper VS Black Image Thermal Paper
Thermal paper shortage situation still ongoing, which makes thermal paper cost rising month by mont, and this situation no changes after one year shortage. The current thermal paper shortage situation is caused by the shortage of chemicals, mainly dyes. BPS coating is also a problem, but the dyes are more troublesome. Dye is the main chemical used to make thermal paper. And their main supplier CONNECT CHMICALS is still not fully
Thermal Printing Market Thermal Printing Market: Thermal Transfer Technology to …
Future Market Insights (FMI) delivers key insights on the Global Thermal Printing Market in its latest report titled “Thermal Printing Market: Global Industry Analysis and Opportunity Assessment 2015–2025”. The global thermal printing market is projected to register a promising CAGR of 4.4% during the forecast period due to several factors. The report details trends driving each segment and respective sub-segments, delivering analysis and insights about the potential of the thermal printing