Thermal Storage Market Trends, Company Share To 2022: Grand View Research, Inc.

1
Thermal Storage Market Analysis, Market Size,
Analysis 2015 To 2022

• Grand View Research has announced the addition of
  "Global Thermal Storage Market Analysis And
  Segment Forecasts To 2022" Market Research report
  to their Database

2

• Global thermal storage market has grown
  tremendously on account of the rising world
  population and corresponding demand for energy.
  Thermal storages provide a sustainable
  alternative to non-renewable energy resources
  usage. Temporary hoarding of heat facilitated by
  thermal storages is anticipated to remain a key
  driving factor for the global market expansion.
  Global energy usage is predominantly shifting
  towards renewable energy sources on account of
  rising energy costs, depletion of fossil fuels
  and growing importance of environmental
  protection and conservation. These dynamics are
  further expected to encourage the global thermal
  storages market growth.
• As per technology, thermal storages can be
  categorized into sensible, thermochemical and
  latent heat storages. Sensible heat predominantly
  emerged as the largest segment until 2014
  however it is forecasted to lose market share
  over the forecast period on account of limited
  storage capacity per volume. Thermochemical and
  latent storages are projected to acquire larger
  market share throughout the forecast period on
  account of higher energy density. Thermal
  storages end-use markets can be further
  classified into utilities, commercial, industrial
  and residential segments. Commercial and
  industrial segments have dominated the market as
  a result of rising demand for backup power
  solutions and increasing energy prices.
• Geographically, Europe is expected to lead the
  thermal storage market in terms of capacity
  installation owing to strong regional emphasis on
  energy efficiency coupled with rising demand for
  renewable energy resources.
• For More Information on "Thermal Storage Market
  Research Reports" visit - http//www.grandviewrese
  arch.com/industry-analysis/thermal-storage-market

3

4

5

• Request TOC of Thermal Storage Market Research
  Reports" visit - http//www.grandviewresearch.com/
  industry-analysis/thermal-storage-market/request-t
  oc
• About Grand View ResearchGrand View Research,
  Inc. is a U.S. based market research and
  consulting company, registered in the State of
  California and headquartered in San Francisco.
  The company provides syndicated research reports,
  customized research reports, and consulting
  services. To help clients make informed business
  decisions, the company offers market intelligence
  studies ensuring relevant and fact-based research
  across a range of industries including
  technology, chemicals, materials, healthcare and
  energyContactSherry JamesCorporate Sales
  Specialist, U.S.A.Grand View Research,
  Inc.United StatesPhone 1-415-349-0058Toll
  Free 1-888-202-9519Email sales_at_grandviewresearc
  h.comWebsite Grand View ResearchBlog Site
  http//www.divog.org/
•