Report Attribute | Details |
---|---|
Market Size Value in 2021 | USD 6.18 Billion |
The revenue forecast in 2028 | USD 12.8 Billion |
Growth Rate | CAGR of 17 % from 2022 to 2028. |
Historical data | 2017 – 2020 |
Forecast period | 2022 – 2028 |
Region covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
Key companies Profiled | The companies include Calmac, Abengoa, CALDWELL ENERGY, Baltimore Aircoil Company Inc., Chicago Bridge & Iron, Bright Source Energy Inc., Burns & McDonnell, EVAPCO Inc., DN Tanks are key players. |
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1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2022
4.7. Porter’s Five forces analysis
4.8. Price point analysis
4.9. New Investment Analysis
4.10. PESTEL Analysis
4.11. Covid-19 Impact on Global Thermal Storage Market
5.1. Market Size & Forecast,2017-2030
5.1.1. Demand
5.1.1.1. By Value (USD Billion)
5.2. Market Share & Forecast, 2017-2030
5.2.1. By Technology
5.2.1.1. Sensible
5.2.1.2. Latent
5.2.1.3. Thermochemical
5.2.2. By Storage Material
5.2.2.1. Water
5.2.2.2. Molten
5.2.2.3. Salt
5.2.2.4. PCM
5.2.3. By Application
5.2.3.1. Power Generation
5.2.3.2. District Heating & Cooling
5.2.3.3. Process Heating & Cooling
5.2.4. By End-Use
5.2.4.1. Residential
5.2.4.2. Commercial
5.2.4.3. Industrial
5.2.5. By Region
5.2.5.1. North America
5.2.5.2. Europe
5.2.5.3. Asia-Pacific
5.2.5.4. South America
5.2.5.5. The Middle East & Africa
6.1. North America Thermal Storage Market Size & Forecast,2017-2030
6.1.1. Demand
6.1.1.1. By Value (USD Billion)
6.2. Market Share & Forecast, 2017-2030
6.2.1. By Technology
6.2.1.1. Sensible
6.2.1.2. Latent
6.2.1.3. Thermochemical
6.2.2. By Storage Material
6.2.2.1. Water
6.2.2.2. Molten
6.2.2.3. Salt
6.2.2.4. PCM
6.2.3. By Application
6.2.3.1. Power Generation
6.2.3.2. District Heating & Cooling
6.2.3.3. Process Heating & Cooling
6.2.4. By End-Use
6.2.4.1. Residential
6.2.4.2. Commercial
6.2.4.3. Industrial
6.2.5. By Country
6.2.5.1. US
6.2.5.2. Canada
6.2.5.3. Mexico
6.2.6. Company Market Share (Top 3-5)
6.2.7. Economic Impact study on North America Thermal Storage Market
7.1. Europe Thermal Storage Market Size & Forecast,2017-2030
7.1.1. Demand
7.1.1.1. By Value (USD Billion)
7.2. Market Share & Forecast, 2017-2030
7.2.1. By Technology
7.2.1.1. Sensible
7.2.1.2. Latent
7.2.1.3. Thermochemical
7.2.2. By Storage Material
7.2.2.1. Water
7.2.2.2. Molten
7.2.2.3. Salt
7.2.2.4. PCM
7.2.3. By Application
7.2.3.1. Power Generation
7.2.3.2. District Heating & Cooling
7.2.3.3. Process Heating & Cooling
7.2.4. By End-Use
7.2.4.1. Residential
7.2.4.2. Commercial
7.2.4.3. Industrial
7.2.5. By Country
7.2.5.1. Germany
7.2.5.2. UK
7.2.5.3. France
7.2.5.4. Italy
7.2.5.5. Rest of Europe
7.2.6. Company Market Share (Top 3-5)
7.2.7. Economic Impact study on Europe Thermal Storage Market
8.1. Asia-Pacific Thermal Storage Market Size & Forecast,2017-2030
8.1.1. Demand
8.1.1.1. By Value (USD Billion)
8.2. Market Share & Forecast, 2017-2030
8.2.1. By Technology
8.2.1.1. Sensible
8.2.1.2. Latent
8.2.1.3. Thermochemical
8.2.2. By Storage Material
8.2.2.1. Water
8.2.2.2. Molten
8.2.2.3. Salt
8.2.2.4. PCM
8.2.3. By Application
8.2.3.1. Power Generation
8.2.3.2. District Heating & Cooling
8.2.3.3. Process Heating & Cooling
8.2.4. By End-Use
8.2.4.1. Residential
8.2.4.2. Commercial
8.2.4.3. Industrial
8.2.5. By Country
8.2.5.1. India
8.2.5.2. Japan
8.2.5.3. Australia
8.2.5.4. Rest of Asia Pacific
8.2.6. Company Market Share (Top 3-5)
8.2.7. Economic Impact study on Asia-Pacific Thermal Storage Market
9.1. South America Thermal Storage Market Size & Forecast,2017-2030
9.1.1. Demand
9.1.1.1. By Value (USD Billion)
9.2. Market Share & Forecast, 2017-2030
9.2.1. By Technology
9.2.1.1. Sensible
9.2.1.2. Latent
9.2.1.3. Thermochemical
9.2.2. By Storage Material
9.2.2.1. Water
9.2.2.2. Molten
9.2.2.3. Salt
9.2.2.4. PCM
9.2.3. By Application
9.2.3.1. Power Generation
9.2.3.2. District Heating & Cooling
9.2.3.3. Process Heating & Cooling
9.2.4. By End-Use
9.2.4.1. Residential
9.2.4.2. Commercial
9.2.4.3. Industrial
9.2.5. By Country
9.2.5.1. Brazil
9.2.5.2. Argentina
9.2.5.3. Rest of South America
9.2.6. Company Market Share (Top 3-5)
9.2.7. Economic Impact study on South America Thermal Storage Market
10.1. The Middle East & Africa Thermal Storage Market Size & Forecast,2017-2030
10.1.1. Demand
10.1.1.1. By Value (USD Billion)
10.2. Market Share & Forecast, 2017-2030
10.2.1. By Technology
10.2.1.1. Sensible
10.2.1.2. Latent
10.2.1.3. Thermochemical
10.2.2. By Storage Material
10.2.2.1. Water
10.2.2.2. Molten
10.2.2.3. Salt
10.2.2.4. PCM
10.2.3. By Application
10.2.3.1. Power Generation
10.2.3.2. District Heating & Cooling
10.2.3.3. Process Heating & Cooling
10.2.4. By End-Use
10.2.4.1. Residential
10.2.4.2. Commercial
10.2.4.3. Industrial
10.2.5. By Country
10.2.5.1. Saudi Arabia
10.2.5.2. UAE
10.2.5.3. South Africa
10.2.5.4. Rest of the Middle East & Africa
10.2.6. Company Market Share (Top 3-5)
10.2.7. Economic Impact study on The Middle East & Africa Thermal Storage Market
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. Calmac
11.7.2. Abengoa
11.7.3. CALDWELL ENERGY
11.7.4. Baltimore Aircoil Company Inc.
11.7.5. Chicago Bridge & Iron
11.7.6. Bright Source Energy Inc.
11.7.7. DC Pro Engineering LLC.
11.7.8. Burns & MCDonnell
11.7.9. EVAPCO Inc.
11.7.10. DN Tanks
11.7.11. Other prominent players
The Latent heat storage segment is the fastest-growing during the forecast period.
The commercial and industrial segment is slated to expand as the fastest-growing segment.
The Companies include Calmac, Abengoa, CALDWELL ENERGY, Baltimore Aircoil Company Inc., Chicago Bridge & Iron, Bright Source Energy Inc., Burns & McDonnell, EVAPCO Inc., DN Tanks and other prominent players in the global thermal storage market.
Thermal energy storage is driven by major factors such as rising demand for electricity and increasing consumption of solar CSP.
Global Thermal Energy is estimated to reach USD 12.8 Billion by 2030 with a growing CAGR of 10% during the forecast period 2022-2030. It was valued at USD 6.18 Billion in 2022.
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