Title: Thermal Energy Storage Market Global Insights, Trends and Forecast 2017-2022
1Thermal Energy Storage Market Global Insights,
Trends and Forecast 2017-2022
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2The report "Thermal Energy Storage Market by
Technology (Sensible, Latent, and TCS), Storage
Material (Water, Molten Salt, and PCM),
Application (Power Generation, District Heating
Cooling, and Process Heating Cooling),
End-User, and Region - Global Forecast to 2022",
The thermal energy storage market is expected to
grow from an estimated USD 3.67 Billion in 2017
to USD 6.20 Billion by 2022, registering a CAGR
of 11.0 from 2017 to 2022. The global market is
witnessing a significant growth due to rising
impetus on renewable energy generation such as
concentrated solar power, increasing demand for
thermal energy storage systems in HVAC, and
government incentives for thermal energy storage
systems. PDF Brochure https//www.marketsandma
rkets.com/pdfdownload.asp?id61500371
3The sensible heat storage segment is expected to
hold the largest share of the thermal energy
storage market, by technology, during the
forecast period The sensible heat storage
segment led the overall thermal energy storage
market in 2016. Sensible heat storage of thermal
energy has a number of residential and industrial
applications. Underground storage of sensible
heat in both liquid and solid storage medium is
also used for typically large-scale applications
such as district heating and cooling systems.
Increased applications of sensible heat based
thermal storage in the Middle East Africa and
Asia-Pacific is projected to drive the market
during the forecast period. Request for
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4 Browse gtgt 61 market data
tables 35 figures
133 pages and in-depth TOC on
Concentrating Solar Power Market Early buyers
will receive 10 customization on this
report. This is a Premium Report Priced at US
5650 for single user. Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
5The Middle East Africa is the largest market
for thermal energy storage In this report, the
thermal energy storage market has been analyzed
with respect to four regions, namely, the
Americas, Europe, Asia-Pacific, and the Middle
East Africa. The Middle East Africa is
estimated to be the largest market for thermal
energy storage by 2022. Heat thermal storage and
molten salt thermal storage are major technology
types employed in South Africa. Majority of
thermal storage projects are present in Northern
Cape in the country. South Africa is endowed with
enormous solar and wind resources. This will
drive the thermal energy storage market in the
country during the forecast period. To enable an
in-depth understanding of the competitive
landscape, the report includes profiles of some
of the leading players in the thermal energy
storage market. These players include Ice Energy
(U.S.), Calmac (U.S.), DN Tanks (U.S.), Abengoa
Solar (Spain), SolarReserve, LLC (U.S.), and
Burns McDonnell (U.S.) among others. Leading
players are trying to penetrate the market in
areas of economies having huge opportunity in CSP
to implement thermal energy storage at large
scale and are adopting various strategies to
increase their market share. Request Sample _at_
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6- Target Audience
- Battery storage manufacturers
- Chillers and tank manufacturers for thermal
energy storage - Consulting companies in the energy sector
- Conventional and renewable heating systems
providers - Environmental associations
- Government organizations and research
institutions - Investment banks
- Regional renewable energy associations
- Thermal energy storage system providers
- Speak to analyst _at_ https//www.marketsandmarkets.c
om/speaktoanalyst.asp?id61500371
7- Key players -
- To enable an in-depth understanding of the
competitive landscape, the report includes the
profiles of some of the top players in the
market. These include - Abengoa Solar, S.A.
- Brightsource Energy, Inc.
- Solarreserve, LLC
- Baltimore Aircoil Company
- Caldwell Energy
- Burns Mcdonnell
- Calmac
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8ContactMr. Shelly SinghMarketsandMarkets
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