Thermal Storage Market (By Technology: Sensible Heat, Latent Heat and Thermo Chemical Heat; By Storage Material: Water, Molten Salt and Phase Change Material for Power Generation, District Heating & Cooling, and Process Heating & Cooling Applications): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Global thermal storage market is expected to reach USD 5.7 billion in 2022, growing at a CAGR of 10.7% between 2017 and 2022.

Request Brochure Request Discount

04-Sep-2017 | Number of pages: 120 | Report Code: ZMR-2167 | Report Format : | Status : Published

Abstract

The report covers forecast and analysis for the thermal storage market on a global and regional level. The study provides historic data from 2014 to 2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the thermal storage market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the thermal storage market on a global level.

In order to give the users of this report a comprehensive view on the thermal storage, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the thermal storage market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view on the thermal storage market by segmenting the market based on Technology, storage material, and applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2022. Key application segments covered under this study include power generation, district heating & cooling, process heating & cooling. On the basis of technology, the market has been segmented into sensible heat, latent heat, and thermal chemical heat. On the basis of storage material, the market has been segmented into the water, molten salt, and phase change material. The regional segmentation includes the current and forecasted demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This segmentation includes demand for thermal storage based on individual applications in all the regions and countries.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Some of the major players involved in the global thermal storage market include Calmac, DN Tanks, Ice Energy Holdings. Inc, Steffes Corporation, Burns & McDonnell, Fafco, Moixa Energy Holding Ltd, Trinabess, SENEC.IES, Redflow Limited, Murata Manufracturing, Statoil ASA, Abengoa Solar, CircuiTree, Duke Energy Corporation.

This report segments the global thermal storage market as follows:

Thermal storage Market: Technology Analysis

  • Sensible Heat
  • Latent Heat
  • Thermo Chemical Heat

Thermal storage Market: Storage Material Analysis

  • Water
  • Molten Salt
  • Phase Change Material

Thermal storage Market: Applications Analysis

  • Power Generation
  • District Heating & Cooling
  • Process Heating & Cooling

Thermal storage Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Geothermal Energy Market:Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3133 | Report Format:

Geothermal Energy Market: Overview Geothermal energy is generated from the heat that is naturally available from the earth. Hot water or steam is utilized to produce geothermal energy which can be used to generate electricity. The geothermal energy market is in high demand as it emits much less ...Read More

HVDC Converter Station Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3999.00 | Report Code: ZMR-3127 | Report Format:

Global HVDC Converter Station Market: Overview A high voltage direct current converter is a unique kind of substation which is majorly utilized as a tool for HVDC transmission lines. The converter stations are particularly utilized to transmit huge power to long distances. Global HVDC Converte...Read More

Distributed Energy Resource Management System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3999.00 | Report Code: ZMR-3126 | Report Format:

Global Distributed Energy Resource Management System Market: Overview A distributed energy resource management system allows utilities to administer distribution grids with a range of connected distributed energy generation assets as well as capitalizes on the advantages from the distributed res...Read More

AI in Oil & Gas Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3114 | Report Format:

Global AI in Oil Gas Market: Overview Oil is considered to be the extremely valued commodity in the energy division. Few of the AI solutions are surrogate reservoir modeling, top-down intelligent reservoir modeling, process optimization, and shale analytics. Growing variation of automation, ris...Read More

Volt/VAr Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-3112 | Report Format:

Global Volt/VAr Management Market: Overview Volt/VAr management technologies are mainly used by the power manufacturing industry to decrease any kind of electric line losses as well as to increase the grid effectiveness. Volt/VAr management is necessary for the function of electrical effectivene...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.