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(Construction.IndustryNews247.Com, April 04, 2018 ) Global Thermal Energy Storage Market By Storage Material (Molten Salt, PCM, Water), Technology (Latent, TCS, Sensible), Application (District Heating & Cooling, Process Heating & Cooling, Power Generation), End User (Utilities, Industrial, Residential & Commercial), and Regional Market Size, Status and Forecast to 2025
Thermal Energy Storage (TES) refers to the technology that allows the transfer and storage of heat energy. It holds thermal energy temporarily in the hot or cold form for utilization at a later stage. Benefits of having thermal energy storage system include – cost savings, increased cooling capacity, fire protection, increased grid resiliency and reliability, reduced environmental impact, and building operations agility.
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Some of the major players in the thermal energy storage market are 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.
This report includes data collected from market leaders across the value chain and has been evaluated in detail. Considering various sections of the report, information on the growth of this particular market during the mentioned forecast period is stated in detail. Drivers, constraints, trends, impact and development are one of the many key parts of the report.
Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to present a perfect in-depth knowledge about Thermal Energy Storage market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The Thermal Energy Storage market is also been analyzed in terms of value chain analysis and regulatory analysis.
Market Dynamics: 1. Market Drivers 1.1 Increasing demand in CSP 1.2 Favorable government incentives for thermal energy storage systems 1.3 Rising demand for thermal energy storage systems in HVAC 1.4 Growing impetus on renewable energy generation such as concentrated solar power 2. Market Restraints 2.1 Rising initial investment cost 2.2 Lack of skilled workforce 2.3 High grid interconnection barriers
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology: Research study on the Global Thermal Energy Storage Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review. The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
Table of Content
1 INTRODUCTION OF GLOBAL THERMAL ENERGY STORAGE MARKET
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 GLOBAL THERMAL ENERGY STORAGE MARKET OUTLOOK
5 GLOBAL THERMAL ENERGY STORAGE MARKET , BY STORAGE MATERIAL
6 GLOBAL THERMAL ENERGY STORAGE MARKET , BY TECHNOLOGY
7 GLOBAL THERMAL ENERGY STORAGE MARKET , BY APPLICATION
8 GLOBAL THERMAL ENERGY STORAGE MARKET , BY END USER
9 GLOBAL THERMAL ENERGY STORAGE MARKET , BY GEOGRAPHY
10 GLOBAL THERMAL ENERGY STORAGE MARKET COMPETITIVE LANDSCAPE
11 COMPANY PROFILES
12 Appendix
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