Thermal Energy Storage Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020
The need for a sustained energy solution for daily needs has fueled demand for thermal energy storage (TES) systems globally. Thermal energy storage systems stock up energy for later use, employing water, ice-slush tanks, rock from the bedrock layer, aquifers, insulated lined pits and eutectic, phase-changing materials (PCMs). Demand for energy can be managed effectively through the usage of TES systems.
The need for a sustained energy solution for daily needs has fueled demand for thermal energy storage (TES) systems globally. Thermal energy storage systems stock up energy for later use, employing water, ice-slush tanks, rock from the bedrock layer, aquifers, insulated lined pits and eutectic, phase-changing materials (PCMs). Demand for energy can be managed effectively through the usage of TES systems.
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<strong>Thermal</strong> <strong>Energy</strong> <strong>Storage</strong> <strong>Market</strong> - <strong>Global</strong><br />
<strong>Industry</strong> <strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>, <strong>Trends</strong>,<br />
<strong>and</strong> <strong>Forecast</strong> <strong>2014</strong> - <strong>2020</strong><br />
The need for a sustained energy solution for daily needs has fueled dem<strong>and</strong> for<br />
thermal energy storage (TES) systems globally. <strong>Thermal</strong> energy storage systems<br />
stock up energy for later use, employing water, ice-slush tanks, rock from the<br />
bedrock layer, aquifers, insulated lined pits <strong>and</strong> eutectic, phase-changing materials<br />
(PCMs). Dem<strong>and</strong> for energy can be managed effectively through the usage of TES<br />
systems. These systems store solar energy for space heating in the winter <strong>and</strong> store<br />
cold winter air for air conditioning purposes in summer. TES solutions can be<br />
implemented in buildings, towns <strong>and</strong> districts. Sources for TES include heat pumps,<br />
peak shaving, heat generated by power plants <strong>and</strong> heat from waste. TES systems<br />
are capable of replacing nearly 50% of the conventionally sourced energy in any<br />
industry. These systems also optimize the overall efficiency of energy systems, thus<br />
balancing fluctuating dem<strong>and</strong> in the process. TES systems reduce dem<strong>and</strong> for<br />
energy during peak hours, lower carbon dioxide emissions <strong>and</strong> bring down energy<br />
consumption by end-consumers.<br />
This 122 page report gives readers a comprehensive overview of the<br />
<strong>Thermal</strong> <strong>Energy</strong> <strong>Storage</strong> market Browse through 34 data tables <strong>and</strong> 27<br />
figures to unlock the hidden opportunities in this market.<br />
http://www.transparencymarketresearch.com/thermal-energy-storagemarket.html<br />
This research study is designed to analyze the global market for thermal energy<br />
storage both in terms of capacity installation (MW) <strong>and</strong> revenue (USD Million). The<br />
market for thermal energy storage has been segmented based on technology <strong>and</strong><br />
end-use. The market has also been segmented on a regional level. Regional<br />
segments included in this study are North America, Europe, Asia Pacific, <strong>and</strong> Rest of<br />
the World (RoW). The research provides an in-depth analysis of the total dem<strong>and</strong> for<br />
thermal energy storage technologies <strong>and</strong> market revenue of the global thermal<br />
energy storage market. The report features a detailed regional segmentation along<br />
with growth forecast for the period from <strong>2014</strong> to <strong>2020</strong>. Projections have been<br />
provided for both technology <strong>and</strong> end-use segments under each region. The market<br />
study on thermal energy storage technologies also provides historical data, detailed
analysis, <strong>and</strong> statistically refined forecast for technology, end-use applications, <strong>and</strong><br />
regional segments.<br />
The size of the thermal energy storage market has been estimated based on<br />
indicators in technology, end-use application, <strong>and</strong> regional segments. The report<br />
includes the key market dynamics affecting dem<strong>and</strong> for thermal energy storage<br />
technologies globally. In order to study the market dynamics, we have analyzed<br />
market drivers, market restraints, <strong>and</strong> market opportunities. A comprehensive<br />
competitive l<strong>and</strong>scape, which includes company market share analysis <strong>and</strong> market<br />
attractiveness analysis, has also been provided in this report. The report also<br />
provides detailed industry analysis of the global thermal energy storage market with<br />
the help of Porter’s Five Forces model. This model helps underst<strong>and</strong> the five major<br />
forces that affect the industry structure <strong>and</strong> profitability in the global thermal<br />
energy storage market. Bargaining power of buyers, bargaining power of suppliers,<br />
threat from new entrants, threat from substitutes, <strong>and</strong> degree of competition are<br />
the forces analyzed through the model.<br />
The study also includes the value chain of the global thermal energy storage<br />
market, which provides a glimpse of the upstream, midstream, <strong>and</strong> downstream<br />
players involved in the business as well as their interaction with end-users of<br />
technologies. <strong>Market</strong> share analysis has been conducted considering the thermal<br />
energy storage system/capacity installed <strong>and</strong> the upcoming thermal energy storage<br />
projects. The attractiveness analysis involves benchmarking <strong>and</strong> ranking each<br />
technology <strong>and</strong> region on the basis of numerous parameters. The parameters<br />
selected are likely to significantly affect dem<strong>and</strong> for each technology in the current<br />
scenario as well as in the near future.<br />
Get accurate market forecast <strong>and</strong> analysis on the <strong>Thermal</strong> <strong>Energy</strong> <strong>Storage</strong><br />
market. Request a sample to stay abreast on the key trends impacting this<br />
market.<br />
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The technology segment analysis has been carried out on the global <strong>and</strong> regional<br />
level. The overall thermal energy storage market has been bifurcated into sensible<br />
heat, latent heat, <strong>and</strong> thermochemical storage technology segments. Primary enduser<br />
applications of thermal energy storage systems identified in this market study<br />
include commercial <strong>and</strong> industrial, utilities, <strong>and</strong> residential applications.<br />
Key participants in the global thermal energy storage market include CALMAC,<br />
EVAPCO, Inc., Chicago Bridge & Iron Company (CB&I), <strong>and</strong> Goss Engineering, Inc.<br />
Other market players that have been profiled in this report include Abengoa Solar,<br />
S.A., Baltimore Aircoil Company, Burns & McDonnell, Caldwell <strong>Energy</strong>, FAFCO<br />
<strong>Thermal</strong> <strong>Storage</strong> Systems, <strong>and</strong> TAS <strong>Energy</strong>. This report provides an overview of<br />
these companies, followed by their financial revenue, business strategies, <strong>and</strong><br />
recent developments.
<strong>Global</strong> <strong>Thermal</strong> <strong>Energy</strong> <strong>Storage</strong> <strong>Market</strong>: Technology Segment<br />
Sensible Heat<br />
Latent Heat<br />
Thermochemical Heat<br />
<strong>Global</strong> <strong>Thermal</strong> <strong>Energy</strong> <strong>Storage</strong> <strong>Market</strong>: End Use Segment<br />
Commercial <strong>and</strong> Industrial<br />
Utilities<br />
Residential<br />
<strong>Global</strong> <strong>Thermal</strong> <strong>Energy</strong> <strong>Storage</strong> <strong>Market</strong>: Regional <strong>Analysis</strong><br />
North America<br />
Europe<br />
Asia Pacific<br />
Rest of the World (RoW)<br />
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