Market Research Report
Global Thermal Energy Storage (TES) Market Analysis & Trends - Industry Forecast to 2025
|Published by||Accuray Research||Product code||530050|
|Published||Content info||134 Pages
Delivery time: 1-2 business days
|Global Thermal Energy Storage (TES) Market Analysis & Trends - Industry Forecast to 2025|
|Published: July 1, 2017||Content info: 134 Pages||
The Global Thermal Energy Storage (TES) Market is poised to grow at a CAGR of around 7.2% over the next decade to reach approximately $7.33 billion by 2025. Some of the prominent trends in the market include, rising demand for concentrated solar power plants (CSP), high cost of setup is challenging the market, recent technological developments of thermal energy storage (TES) and growth opportunities/investment opportunities.
Based on application, the market is categorized into district heating & cooling, process heating & cooling and power generation. By end user, the market is segmented into industrial and residential & commercial. Residential & Commercial segment is again further sub segmented into utilities.
Depending on technology, the market is subjected into latent heat storage, thermochemical storage and sensible heat storage. The market is segregated by storage material into molten salt, phase change material (PCM), water and other storage materials.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Rest of the World