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Thermal Energy Storage Market Research Report Information By Technology (Sensible Heat Storage, Latent Heat Storage, and Thermochemical Storage), By Storage Material (Water, Molten Salt, Phase Change Material, and Others), By End Users (Commercial & Industrial, Utilities, and Residential), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032


ID: MRFR/E&P/1772-HCR | 132 Pages | Author: Chitranshi Jaiswal| November 2024

Thermal Energy Storage Market Segmentation


Thermal Energy Storage Technology Outlook (USD Million, 2018-2030)




  • Sensible Heat Storage




  • Latent Heat Storage




  • Thermochemical Storage




Thermal Energy Storage by Storage Material Outlook (USD Million, 2018-2030)




  • Water




  • Molten Salt




  • Phase Change Material




  • Others




Thermal Energy Storage End User Outlook (USD Million, 2018-2030)




  • Commercial & Industrial




  • Utilities




  • Residential




Thermal Energy Storage Regional Outlook (USD Million, 2018-2030)




  • North America Outlook (USD Million, 2018-2030)




    • North America Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • North America Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • North America Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • US Outlook (USD Million, 2018-2030)




    • US Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • US Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • US Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • CANADA Outlook (USD Million, 2018-2030)




    • CANADA Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • CANADA Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • CANADA Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential








  • Europe Outlook (USD Million, 2018-2030)




    • Europe Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Europe Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Europe Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • Germany Outlook (USD Million, 2018-2030)




    • Germany Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Germany Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Germany Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • France Outlook (USD Million, 2018-2030)




    • France Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • France Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • France Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • UK Outlook (USD Million, 2018-2030)




    • UK Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • UK Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • UK Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • ITALY Outlook (USD Million, 2018-2030)




    • ITALY Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • ITALY Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • ITALY Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • SPAIN Outlook (USD Million, 2018-2030)




    • Spain Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Spain Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Spain Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • Rest Of Europe Outlook (USD Million, 2018-2030)




    • REST OF EUROPE Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • REST OF EUROPE Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • REST OF EUROPE Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential








  • Asia-Pacific Outlook (USD Million, 2018-2030)




    • Asia-Pacific Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Asia-Pacific Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Asia-Pacific Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • China Outlook (USD Million, 2018-2030)




    • China Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • China Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • China Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • Japan Outlook (USD Million, 2018-2030)




    • Japan Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Japan Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Japan Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • India Outlook (USD Million, 2018-2030)




    • India Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • India Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • India Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • Australia Outlook (USD Million, 2018-2030)




    • Australia Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Australia Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Australia Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • Rest of Asia-Pacific Outlook (USD Million, 2018-2030)




    • Rest of Asia-Pacific Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Rest of Asia-Pacific Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Rest of Asia-Pacific Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential








  • Rest of the World Outlook (USD Million, 2018-2030)




    • Rest of the World Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Rest of the World Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Rest of the World Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • Middle East Outlook (USD Million, 2018-2030)




    • Middle East Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Middle East Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Middle East Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • Africa Outlook (USD Million, 2018-2030)




    • Africa Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Africa Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Africa Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential






    • Latin America Outlook (USD Million, 2018-2030)




    • Latin America Thermal Energy Storage by Technology




      • Sensible Heat Storage




      • Latent Heat Storage




      • Thermochemical Storage






    • Latin America Thermal Energy Storage by Storage Material




      • Water




      • Molten Salt




      • Phase Change Material




      • Others






    • Latin America Thermal Energy Storage by End User




      • Commercial & Industrial




      • Utilities




      • Residential







Research Methodology on Thermal Energy Storage Market


Introduction


The purpose of this research is to understand the current landscape of thermal energy storage (TES) and its future market from 2024 to 2032. Thermal energy storage is a process wherein heat is stored for future use by utilizing different techniques. This research method is utilized to investigate the factors driving the growth of the TES market and to gain an understanding of the key players in the market and their competitive strategies.


Research Methods


The research applied in this study determines the factors influencing the thermal energy storage industry to understand the competitive dynamics of the industry and project its growth dynamics. The research is conducted using both primary and secondary data sources.


Research Design


In order to gain an understanding of the thermal energy storage market, a qualitative design is applied in this research. This includes utilizing secondary market analysis techniques such as Porter’s Five Forces and SWOT Analysis to gain a comprehensive understanding of the market. Moreover, interviews with industry experts, focus group sessions and survey questionnaires are conducted to obtain primary data.


Population and Sample


The target population for this research includes individuals associated with the thermal energy storage industry. The primary data is collected from key individuals associated with the industry responsible for making decisions affecting the market. Thus, the target population includes executive personnel, decision-makers and analysts associated with key companies in the market.


Data Collection Tools


In order to conduct this research, both primary and secondary data collection methods will be utilized.


Primary Data Collection Tools


Survey – A survey is conducted using targeted questions regarding the thermal energy storage industry. These surveys are designed to understand perceptions of the industry and the decisions that executives in the industry make to gain an understanding of the current market and its future dynamics.


Interviews – Interviews with industry experts are conducted to gain their opinion and insights into the industry. These interviews serve to validate the survey results and provide in-depth insights into the industry from experienced practitioners in the market.


Focus Groups – A focus group session is conducted to gain insights from multiple industry participants in a short duration. This focus group provide insights from a larger sample of participants in the industry and serves as a supplement to the primary and secondary data sources.


Secondary Data Source


Official government databases – Government databases and reports will be accessed to analyze the current industry landscape and obtain information about regulations, policies and other industry-relevant factors.


Journals – Journals and other trade periodicals are accessed to obtain information about trends in the industry and the market size.


Books – Books on the industry are accessed to gain an understanding of the key strategies and rival forces in the market.


Newspapers – Various newspapers both local and national newspapers will be accessed to gain an understanding of the public’s opinion about the industry and its dynamics.


Data Analysis


To analyze the collected data, descriptive statistical techniques and qualitative data analysis techniques are utilized. Descriptive analysis techniques help in understanding the relationships between the variables in the data set and qualitative data analysis techniques are utilized to gain insights from the collected primary data.


Data Interpretation


The data collected in the research are interpreted through qualitative and quantitative analysis. Quantitative analysis will help in understanding the numerical relationships among the different variables in the research and qualitative analysis will help in understanding the relationships among the factors in the industry.


Validity and Reliability


In order to ensure the validity and reliability of the collected data, measures are taken to ensure the data is accurate and unbiased. The raw data collected in the research is validated using statistical techniques and the analysis will be confined to the scope of the research.


Ethical Considerations


Ethical considerations are taken to ensure the safety of the research participants. All participants are informed about the purpose of the research and anonymity is ensured. The collected data is kept confidential and will be used solely for the research.


Conclusion


The research conducted in this report serves to gain a better understanding of the thermal energy storage industry and its current dynamics. This research provides useful insights about the industry that can be used by decision-makers and other industry participants.

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Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market Size Estimation

3.4 Forecast Model

3.5 List of Assumptions

3.6 Limitations of the Study

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Market Drivers

5.3 Market Restraints

5.4 Market Opportunities

5.5 Porter’s Five Forces Analysis

5.5.1 Threat of New Entrants

5.5.2 Bargaining Power of Buyers

5.5.3 Bargaining Power of Suppliers

5.5.4 Threat of Substitutes

5.5.5 Intensity of Rivalry

5.6 Value Chain/Supply Chain Analysis

6 Global Thermal Energy Storage Market, by Technology

6.1 Introduction

6.2 Sensible Heat Storage

6.2.1 Market Estimates & Forecast, 2022–2030

6.2.2 Market Estimates & Forecast, by Region, 2022–2030

6.3 Latent Heat Storage

6.3.1 Market Estimates & Forecast, 2022–2030

6.3.2 Market Estimates & Forecast, by Region, 2022–2030

6.4 Thermochemical Storage

6.4.1 Market Estimates & Forecast, 2022–2030

6.4.2 Market Estimates & Forecast, by Region, 2022–2030

7 Global Thermal Energy Storage Market, by Storage Material

7.1 Introduction

7.2 Water

7.2.1 Market Estimates & Forecast, 2022–2030

7.2.2 Market Estimates & Forecast, by Region, 2022–2030

7.3 Molten Salt

7.3.1 Market Estimates & Forecast, 2022–2030

7.3.2 Market Estimates & Forecast, by Region, 2022–2030

7.4 Phase Change Material

7.4.1 Market Estimates & Forecast, 2022–2030

7.4.2 Market Estimates & Forecast, by Region, 2022–2030

7.5 Others

7.5.1 Market Estimates & Forecast, 2022–2030

7.5.2 Market Estimates & Forecast, by Region, 2022–2030

8 Global Thermal Energy Storage Market, by End-Use

8.1 Introduction

8.2 Commercial & Industrial

8.2.1 Market Estimates & Forecast, 2022–2030

8.2.2 Market Estimates & Forecast, by Region, 2022–2030

8.3 Utilities

8.3.1 Market Estimates & Forecast, 2022–2030

8.3.2 Market Estimates & Forecast, by Region, 2022–2030

8.4 Residential

8.4.1 Market Estimates & Forecast, 2022–2030

8.4.2 Market Estimates & Forecast, by Region, 2022–2030

9 Global Thermal Energy Storage Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, by Technology, 2022–2030

9.2.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.2.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.2.4 Market Estimates & Forecast, by Country, 2022–2030

9.2.5 US

9.2.5.1 Market Estimates & Forecast, by Technology, 2022–2030

9.2.5.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.2.5.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, by Technology, 2022–2030

9.2.6.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.2.6.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, by Technology, 2022–2030

9.2.7.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.2.7.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.3 Europe

9.3.1 Market Estimates & Forecast, by Technology, 2022–2030

9.3.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.3.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.3.4 Market Estimates & Forecast, by Country, 2022–2030

9.3.5 Norway

9.3.5.1 Market Estimates & Forecast, by Technology, 2022–2030

9.3.5.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.3.5.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.3.6 UK

9.3.6.1 Market Estimates & Forecast, by Technology, 2022–2030

9.3.6.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.3.6.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.3.7 Russia

9.3.7.1 Market Estimates & Forecast, by Technology, 2022–2030

9.3.7.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.3.7.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.3.8 Rest of Europe

9.3.8.1 Market Estimates & Forecast, by Technology, 2022–2030

9.3.8.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.3.8.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, by Technology, 2022–2030

9.4.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.4.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.4.4 Market Estimates & Forecast, by Country, 2022–2030

9.4.5 China

9.4.5.1 Market Estimates & Forecast, by Technology, 2022–2030

9.4.5.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.4.5.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.4.6 Malaysia

9.4.6.1 Market Estimates & Forecast, by Technology, 2022–2030

9.4.6.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.4.6.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.4.7 Indonesia

9.4.7.1 Market Estimates & Forecast, by Technology, 2022–2030

9.4.7.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.4.7.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.4.8 India

9.4.8.1 Market Estimates & Forecast, by Technology, 2022–2030

9.4.8.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.4.8.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, by Technology, 2022–2030

9.4.9.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.4.9.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.5 Middle East

9.5.1 Market Estimates & Forecast, by Technology, 2022–2030

9.5.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.5.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.5.4 Market Estimates & Forecast, by Country, 2022–2030

9.5.5 Saudi Arabia

9.5.5.1 Market Estimates & Forecast, by Technology, 2022–2030

9.5.5.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.5.5.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.5.6 Iran

9.5.6.1 Market Estimates & Forecast, by Technology, 2022–2030

9.5.6.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.5.6.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.5.7 Iraq

9.5.7.1 Market Estimates & Forecast, by Technology, 2022–2030

9.5.7.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.5.7.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.5.8 UAE

9.5.8.1 Market Estimates & Forecast, by Technology, 2022–2030

9.5.8.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.5.8.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.5.9 Rest of Middle East

9.5.9.1 Market Estimates & Forecast, by Technology, 2022–2030

9.5.9.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.5.9.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.6 Africa

9.6.1 Market Estimates & Forecast, by Technology, 2022–2030

9.6.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.6.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.6.4 Market Estimates & Forecast, by Country, 2022–2030

9.6.5 Algeria

9.6.5.1 Market Estimates & Forecast, by Technology, 2022–2030

9.6.5.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.6.5.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.6.6 Libya

9.6.6.1 Market Estimates & Forecast, by Technology, 2022–2030

9.6.6.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.6.6.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.6.7 Nigeria

9.6.7.1 Market Estimates & Forecast, by Technology, 2022–2030

9.6.7.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.6.7.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.6.7.4 Market Estimates & Forecast, by Country, 2022–2030

9.6.8 Angola

9.6.8.1 Market Estimates & Forecast, by Technology, 2022–2030

9.6.8.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.6.8.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.6.9 Rest of Africa

9.6.9.1 Market Estimates & Forecast, by Technology, 2022–2030

9.6.9.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.6.9.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.7 South Africa

9.7.1 Market Estimates & Forecast, by Technology, 2022–2030

9.7.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.7.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.7.4 Market Estimates & Forecast, by Country, 2022–2030

9.7.5 Argentina

9.7.5.1 Market Estimates & Forecast, by Technology, 2022–2030

9.7.5.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.7.5.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.7.6 Brazil

9.7.6.1 Market Estimates & Forecast, by Technology, 2022–2030

9.7.6.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.7.6.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.7.7 Ecuador

9.7.7.1 Market Estimates & Forecast, by Technology, 2022–2030

9.7.7.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.7.7.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.7.7.4 Market Estimates & Forecast, by Country, 2022–2030

9.7.8 Venezuela

9.7.8.1 Market Estimates & Forecast, by Technology, 2022–2030

9.7.8.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.7.8.3 Market Estimates & Forecast, by End-Use, 2022–2030

9.7.9 Rest of South America

9.7.9.1 Market Estimates & Forecast, by Technology, 2022–2030

9.7.9.2 Market Estimates & Forecast, by Storage Material, 2022–2030

9.7.9.3 Market Estimates & Forecast, by End-Use, 2022–2030

10 Competitive Landscape

10.1 Competitive Scenario

10.2 Competitive Benchmarking of the Global Thermal Energy Storage Market

10.3 Major Growth Key Strategies in the Global Thermal Energy Storage Market

10.4 Market Share Analysis: Global Thermal Energy Storage Market

10.5 Caledonian MacBrayne: The Leading Player in Terms of Number of Developments in Global Thermal Energy Storage Market

10.6 Product Development in Global Thermal Energy Storage Market

10.7 Mergers and Acquisitions in Global Thermal Energy Storage Market

10.8 Contracts and Agreements in Global Thermal Energy Storage Market

10.9 Expansions and Investments in Global Thermal Energy Storage Market

11 Company Profile

11.1 Caledonian MacBrayne (UK)

11.1.1 Company Overview

11.1.2 Products/Services Offered

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Key Strategies

11.1.6 SWOT Analysis

11.2 DN Tanks (US)

11.2.1 Company Overview

11.2.2 Products/Services Offered

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Key Strategies

11.2.6 SWOT Analysis

11.3 Ice Energy (US)

11.3.1 Company Overview

11.3.2 Products/Services Offered

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Key Strategies

11.3.6 SWOT Analysis

11.4 Steffes Corporation (US)

11.4.1 Company Overview

11.4.2 Products/Services Offered

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Key Strategies

11.4.6 SWOT Analysis

11.5 Burns & McDonnell (US)

11.5.1 Company Overview

11.5.2 Products/Services Offered

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Key Strategies

11.5.6 SWOT Analysis

11.5.7 SWOT Analysis

11.6 FAFCO, Inc. (US)

11.6.1 Company Overview

11.6.2 Products/Services Offered

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Key Strategies

11.6.6 SWOT Analysis

11.7 Abengoa Solar (Spain)

11.7.1 Company Overview

11.7.2 Products/Services Offered

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Key Strategies

11.7.6 SWOT Analysis

11.8 Brightsource Energy, Inc. (US)

11.8.1 Company Overview

11.8.2 Products/Services Offered

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Key Strategies

11.8.6 SWOT Analysis

11.9 Solarreserve, LLC (US)

11.9.1 Company Overview

11.9.2 Products/Services Offered

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Key Strategies

11.9.6 SWOT Analysis

11.10 Baltimore Aircoil Company (US)

11.10.1 Company Overview

11.10.2 Products/Services Offered

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Key Strategies

11.10.6 SWOT Analysis

11.11 Calmac (UK)

11.11.1 Company Overview

11.11.2 Products/Services Offered

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 Key Strategies

11.11.6 SWOT Analysis

11.12 Cristopia Energy Systems (India)

11.12.1 Company Overview

11.12.2 Products/Services Offered

11.12.3 Financial Overview

11.12.4 Key Developments

11.12.5 Key Strategies

11.12.6 SWOT Analysis

List of Tables

Table 1 Global Thermal Energy Storage Market, By Region, 2022–2030 (USD Million)

Table 2 North America Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 3 Europe Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 4 Asia-Pacific Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 5 Middle East Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 6 Africa Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 7 South America Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 8 Global Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 9 North America Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 10 Europe Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 11 Asia-Pacific Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 12 Middle East Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 13 Africa Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 14 South America Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 15 Global Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 16 North America Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 17 Europe Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 18 Asia-Pacific Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 19 Middle East Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 20 Africa Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 21 South America Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 22 Global Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 23 North America Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 24 Europe Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 25 Asia-Pacific Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 26 Middle East & Africa Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 27 South America Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 28 Global Thermal Energy Storage Market: By Region, 2022–2030 (USD Million)

Table 29 North America Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 30 North America Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 31 North America Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 32 North America Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 33 US Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 34 US Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 35 US Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 36 Canada Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 37 Canada Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 38 Canada Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 39 Mexico Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 40 Mexico Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 41 Mexico Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 42 Europe Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 43 Europe Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 44 Europe Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 45 Europe Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 46 Norway Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 47 Norway Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 48 Norway Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 49 UK Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 50 UK Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 51 UK Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 52 Russia Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 53 Russia Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 54 Russia Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 55 Rest of Europe Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 56 Rest of Europe Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 57 Rest of Europe Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 58 Asia-Pacific Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 59 Asia-Pacific Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 60 Asia-Pacific Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 61 Asia-Pacific Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 62 China Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 63 China Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 64 China Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 65 Malaysia Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 66 Malaysia Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 67 Malaysia Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 68 India Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 69 India Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 70 India Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 71 Indonesia Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 72 Indonesia Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 73 Indonesia Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 74 Rest of Asia-Pacific Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 75 Rest of Asia-Pacific Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 76 Rest of Asia-Pacific Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 77 Middle East Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 78 Middle East Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 79 Middle East Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 80 Middle East Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 81 Saudi Arabia Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 82 Saudi Arabia Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 83 Saudi Arabia Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 84 UAE Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 85 UAE Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 86 UAE Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 87 Iran Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 88 Iran Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 89 Iran Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 90 Iraq Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 91 Iraq Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 92 Iraq Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 93 Rest of the Middle East Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 94 Rest of the Middle East Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 95 Rest of the Middle East Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 96 South America Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 97 South America Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 98 South America Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 99 South America Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 100 Brazil Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 101 Brazil Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 102 Brazil Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 103 Argentina Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 104 Argentina Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 105 Argentina Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 106 Ecuador Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 107 Ecuador Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 108 Ecuador Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 109 Venezuela Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 110 Venezuela Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 111 Venezuela Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 112 Rest of South America Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 113 Rest of South America Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 114 Rest of South America Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 115 South America Thermal Energy Storage Market, By Country, 2022–2030 (USD Million)

Table 116 South America Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 117 South America Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 118 South America Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 119 Algeria Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 120 Algeria Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 121 Algeria Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 122 Libya Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 123 Libya Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 124 Libya Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 125 Nigeria Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 126 Nigeria Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 127 Nigeria Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 128 Angola Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 129 Angola Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 130 Angola Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

Table 131 Rest of Africa Thermal Energy Storage Market, By Technology, 2022–2030 (USD Million)

Table 132 Rest of Africa Thermal Energy Storage Market, By Storage Material, 2022–2030 (USD Million)

Table 133 Rest of Africa Thermal Energy Storage Market, By End–Use, 2022–2030 (USD Million)

List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Thermal Energy Storage Market Share, by Technology, 2020 (%)

Figure 9 Global Thermal Energy Storage Market, by Technology, 2022–2030 (USD Million)

Figure 10 Global Thermal Energy Storage Market Share, by Storage Material, 2020 (%)

Figure 11 Global Thermal Energy Storage Market, by Storage Material, 2022–2030 (USD Million)

Figure 12 Global Thermal Energy Storage Market Share, by End-Use, 2020 (%)

Figure 13 Global Thermal Energy Storage Market, by End-Use, 2022–2030 (USD Million)

Figure 16 North America Thermal Energy Storage Market Share (%), 2020

Figure 17 North America Thermal Energy Storage Market, by Country, 2022–2030 (USD Million)

Figure 18 Europe Thermal Energy Storage Market Share (%), 2020

Figure 19 Europe Thermal Energy Storage Market, by Country, 2022–2030 (USD Million)

Figure 20 Asia-Pacific Thermal Energy Storage Market Share (%), 2020

Figure 23 Asia-Pacific Thermal Energy Storage Market, by Country, 2022–2030 (USD Million)

Figure 24 Middle East Thermal Energy Storage Market Share (%), 2020

Figure 25 Middle East Thermal Energy Storage Market, by Region, 2022–2030 (USD Million)

Figure 26 Africa Thermal Energy Storage Market Share (%), 2020

Figure 27 Africa Thermal Energy Storage Market, by Region, 2022–2030 (USD Million)

Figure 28 South America Thermal Energy Storage Market Share (%), 2020

Figure 29 South America Thermal Energy Storage Market, by Country, 2022–2030 (USD Million)

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