Thermal Energy Storage Market by Product Type and Application- Global Industry Analysis & Forecast to 2027

Published On : October 2020 Pages : 154 Category: Equipment Machine & Tooling Report Code : ME1013183

Thermal Energy Storage Market By Product Type (Sensible Heat Storage, Latent Heat Storage, Thermochemical Heat Storage) and Application (Industrial, Utilities, Residential & Commercial)- Global Industry Analysis & Forecast to 2027

Industry Outlook and Trend Analysis

The Thermal Energy Storage Markethas encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period.Thermal Energy Storage allows excess thermal energy to be stored and used hours, days, months later, sources include heat or cold produced with heat pumps from off-peak, lower cost electric power, a practice called peak shaving.

Drivers and Restraints

Top-down and bottom-up approaches are used to validate the global Thermal Energy Storage Marketand estimate the market size for company, regions segments, type segments and applications (end users). In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Regional Insights

The data for 2020 is an estimate, based on the history data and the integrated view of industry experts, manufacturers, distributors and end users etc.

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • SouthAmerica
    • Brazil
    • Argentina
    • Columbia
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Turkey
    • Rest of MEA

Competitive Analysis                         

The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

  • BrightSource Energy Inc.
  • SolarReserve LLC
  • Abengoa SA
  • Terrafore Technologies LLC
  • Baltimore Aircoil Company
  • Ice Energy
  • Caldwell Energy
  • Cryogel
  • Steffes Corporation

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2020 to 2027?
  • What will be the industry market growth from 2016 to 2027?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

·         Thermal Energy Storage Market, By Product Type, Estimates and Forecast, 2016-2027 ($Million)

o    Sensible Heat Storage

o    Latent Heat Storage

o    Thermochemical Heat Storage

·         Thermal Energy Storage Market, ByApplication, Estimates and Forecast, 2016-2027 ($Million)

o    Industrial

o    Utilities

o    Residential & Commercial

·         Thermal Energy Storage Market, By Key Players, Estimates and Forecast, 2016-2027 ($Million)

o    BrightSource Energy Inc.

o    SolarReserve LLC

o    Abengoa SA

o    Terrafore Technologies LLC

o    Baltimore Aircoil Company

o    Ice Energy

o    Caldwell Energy

o    Cryogel

o    Steffes Corporation

·         Thermal Energy Storage Market, By Region, Estimates and Forecast, 2016-2027 ($Million)

o    North America

§  North America Thermal Energy Storage Market  , By Country

o    U.S. Thermal Energy Storage Market 

o    Canada Thermal Energy Storage Market 

o    Mexico Thermal Energy Storage Market 

o    Europe

§  Europe Thermal Energy Storage Market  , By Country

o    UK Thermal Energy Storage Market 

o    Germany Thermal Energy Storage Market 

o    France Thermal Energy Storage Market 

o    Russia Thermal Energy Storage Market 

o    Italy Thermal Energy Storage Market 

o    Rest of Europe Thermal Energy Storage Market 

o    Asia-Pacific

§  Asia-Pacific Thermal Energy Storage Market  , By Country

o    China Thermal Energy Storage Market 

o    Japan Thermal Energy Storage Market 

o    South Korea Thermal Energy Storage Market 

o    India Thermal Energy Storage Market 

o    Southeast Asia Thermal Energy Storage Market 

o    Rest of Asia-Pacific Thermal Energy Storage Market 

o    South America

§  South America Thermal Energy Storage Market 

o    Brazil Thermal Energy Storage Market 

o    Argentina Thermal Energy Storage Market 

o    Columbia Thermal Energy Storage Market 

o    Rest of South America Thermal Energy Storage Market 

o    Middle East and Africa

§  Middle East and Africa Thermal Energy Storage Market 

o    Saudi Arabia Thermal Energy Storage Market 

o    UAE Thermal Energy Storage Market 

o    Egypt Thermal Energy Storage Market 

o    Nigeria Thermal Energy Storage Market 

o    South Africa Thermal Energy Storage Market 

o    TurkeyThermal Energy Storage Market 

o    Rest of MEA Thermal Energy Storage Market 

Table of Contents:

1.       Introduction

1.1.     Report Description

2.       Executive Summary

2.1.     Key Highlights

3.       Market Overview

3.1.     Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.     Market Dynamics

3.2.1.  Drivers

3.2.2.  Restraints

3.2.3.  Opportunities

4.       Market Analysis by Regions

4.1.     North America (United States, Canada and Mexico)

4.1.1.  United States Market Status and Outlook (2016-2027)

4.1.2.  Canada Market Status and Outlook (2016-2027)

4.1.3.  Mexico Market Status and Outlook (2016-2027)

4.2.     Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market Status and Outlook (2016-2027)

4.2.2.  France Market Status and Outlook (2016-2027)

4.2.3.  UK Market Status and Outlook (2016-2027)

4.2.4.  Russia Market Status and Outlook (2016-2027)

4.2.5.  Italy Market Status and Outlook (2016-2027)

4.2.6.  Rest of Europe Market Status and Outlook (2016-2027)

4.3.     Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market Status and Outlook (2016-2027)

4.3.2.  Japan Market Status and Outlook (2016-2027)

4.3.3.  Korea Market Status and Outlook (2016-2027)

4.3.4.  India Market Status and Outlook (2016-2027)

4.3.5.  Southeast Asia Market Status and Outlook (2016-2027)

4.3.6.  Rest of Asia-Pacific Market Status and Outlook (2016-2027)

4.4.     South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market Status and Outlook (2016-2027)

4.4.2.  Argentina Market Status and Outlook (2016-2027)

4.4.3.  Columbia Market Status and Outlook (2016-2027)

4.4.4.  Rest of South America Market Status and Outlook (2016-2027)

4.5.     Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market Status and Outlook (2016-2027)

4.5.2.  United Arab Emirates Market Status and Outlook (2016-2027)

4.5.3.  Egypt Market Status and Outlook (2016-2027)

4.5.4.  Nigeria Market Status and Outlook (2016-2027)

4.5.5.  South Africa Market Status and Outlook (2016-2027)

4.5.6.  Turkey Market Status and Outlook (2016-2027)

4.5.7.  Rest of Middle East and Africa Market Status and Outlook (2016-2027)

5.       Thermal Energy Storage  Market, By Product Type

5.1.     Introduction

5.2.     Global Thermal Energy Storage  Revenue and Market Share by Product Type (2016-2019)

5.2.1.  Global Thermal Energy Storage  Revenue and Revenue Share by Product Type (2016-2019)

5.3.     Sensible Heat Storage

5.3.1.  Global Sensible Heat Storage Revenue and Growth Rate (2016-2019)

5.4.     Latent Heat Storage

5.4.1.  Global Latent Heat Storage Revenue and Growth Rate (2016-2019)

5.5.     Thermochemical Heat Storage

5.5.1.  Global Thermochemical Heat Storage Revenue and Growth Rate (2016-2019)

6.       Thermal Energy Storage  Market, By Applications

6.1.     Introduction

6.2.     Global Thermal Energy Storage  Revenue and Market Share by Applications (2016-2019)

6.2.1.  Global Thermal Energy Storage  Revenue and Revenue Share by Applications (2016-2019)

6.3.     Industrial

6.3.1.  Global Industrial Revenue and Growth Rate (2016-2019)

6.4.     Utilities

6.4.1.  Global Utilities Revenue and Growth Rate (2016-2019)

6.5.     Residential & Commercial

6.5.1.  Global Residential& Commercial Revenue and Growth Rate (2016-2019)

7.       Thermal Energy Storage  Market, By Region

7.1.     Introduction

7.2.     Global Thermal Energy Storage  Revenue and Market Share by Regions

7.2.1.  Global Thermal Energy Storage  Revenue by Regions (2016-2019)

7.3.     North America Thermal Energy Storage  by Countries

7.3.1.  North America Thermal Energy Storage  Revenue and Growth Rate (2016-2019)

7.3.2.  North America Thermal Energy Storage  Revenue (Million USD) by Countries (2016-2019)

7.3.3.  United States

7.3.3.1.  United States Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.3.4.  Canada

7.3.4.1.  Canada Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.3.5.  Mexico

7.3.5.1.  Mexico Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.4.     Europe Thermal Energy Storage  by Countries

7.4.1.  Europe Thermal Energy Storage  Revenue and Growth Rate (2016-2019)

7.4.2.  Europe Thermal Energy Storage  Revenue (Million USD) by Countries (2016-2019)

7.4.3.  Germany

7.4.3.1.  Germany Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.4.4.  France

7.4.4.1.  France Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.4.5.  UK

7.4.5.1.  UK Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.4.6.  Russia

7.4.6.1.  Russia Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.4.7.  Italy

7.4.7.1.  Italy Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.4.8.  Rest of Europe

7.4.8.1.  Rest of Europe Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.5.     Asia-Pacific Thermal Energy Storage  by Countries

7.5.1.  Asia-Pacific Thermal Energy Storage  Revenue and Growth Rate (2016-2019)

7.5.2.  Asia-Pacific Thermal Energy Storage  Revenue (Million USD) by Countries (2016-2019)

7.5.3.  China

7.5.3.1.  China Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.5.4.  Japan

7.5.4.1.  Japan Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.5.5.  Korea

7.5.5.1.  Korea Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.5.6.  India

7.5.6.1.  India Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.5.7.  Southeast Asia

7.5.7.1.  Southeast Asia Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.5.8.  Rest of Asia-Pacific

7.5.8.1.  Rest of Asia-Pacific Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.6.     South America Thermal Energy Storage  by Countries

7.6.1.  South America Thermal Energy Storage  Revenue and Growth Rate (2016-2019)

7.6.2.  South America Thermal Energy Storage  Revenue (Million USD) by Countries (2016-2019)

7.6.3.  Brazil

7.6.3.1.  Brazil Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.6.4.  Argentina

7.6.4.1.  Argentina Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.6.5.  Columbia

7.6.5.1.  Columbia Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.6.6.  Rest of South America

7.6.6.1.  Rest of South America Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.7.     Middle East and Africa Thermal Energy Storage  by Countries

7.7.1.  Middle East and Africa Thermal Energy Storage  Revenue and Growth Rate (2016-2019)

7.7.2.  Middle East and Africa Thermal Energy Storage  Revenue (Million USD) by Countries (2016-2019)

7.7.3.  Saudi Arabia

7.7.3.1.  Saudi Arabia Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.7.4.  United Arab Emirates

7.7.4.1.  United Arab Emirates Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.7.5.  Egypt

7.7.5.1.  Egypt Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.7.6.  Nigeria

7.7.6.1.  Nigeria Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.7.7.  South Africa

7.7.7.1.  South Africa Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.7.8.  Turkey

7.7.8.1.  Turkey Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

7.7.9.  Rest of Middle East and Africa

7.7.9.1.  Rest of Middle East and Africa Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2016-2019)

8.       Company Profiles

8.1.     BrightSource Energy Inc.

8.1.1.  Business Overview

8.1.2.   Service Portfolio

8.1.3.  Strategic Developments

8.1.4.  Financial Overview

8.2.     SolarReserve LLC

8.2.1.  Business Overview

8.2.2.   Service Portfolio

8.2.3.  Strategic Developments

8.2.4.  Financial Overview

8.3.     Abengoa SA

8.3.1.  Business Overview

8.3.2.   Service Portfolio

8.3.3.  Strategic Developments

8.3.4.  Financial Overview

8.4.     Terrafore Technologies LLC

8.4.1.  Business Overview

8.4.2.   Service Portfolio

8.4.3.  Strategic Developments

8.4.4.  Financial Overview

8.5.     Baltimore Aircoil Company

8.5.1.  Business Overview

8.5.2.   Service Portfolio

8.5.3.  Strategic Developments

8.5.4.  Financial Overview

8.6.     Ice Energy

8.6.1.  Business Overview

8.6.2.   Service Portfolio

8.6.3.  Strategic Developments

8.6.4.  Financial Overview

8.7.     Caldwell Energy

8.7.1.  Business Overview

8.7.2.   Service Portfolio

8.7.3.  Strategic Developments

8.7.4.  Financial Overview

8.8.     Cryogel

8.8.1.  Business Overview

8.8.2.   Service Portfolio

8.8.3.  Strategic Developments

8.8.4.  Financial Overview

8.9.     Steffes Corporation

8.9.1.  Business Overview

8.9.2.   Service Portfolio

8.9.3.  Strategic Developments

8.9.4.  Financial Overview

9.       Thermal Energy Storage  Market Forecast (2019-2027)

9.1.     Global Thermal Energy Storage  Revenue (Millions USD) and Growth Rate (2019-2027)

9.2.     Thermal Energy Storage  Market Forecast by Regions (2019-2027)

9.2.1.  North America Thermal Energy Storage  Market Forecast (2019-2027)

9.2.1.1.  United States Thermal Energy Storage  Market Forecast (2019-2027)

9.2.1.2.  Canada Thermal Energy Storage  Market Forecast (2019-2027)

9.2.1.3.  Mexico Thermal Energy Storage  Market Forecast (2019-2027)

9.2.2.  Europe Thermal Energy Storage  Market Forecast (2019-2027)

9.2.2.1.  Germany Thermal Energy Storage  Market Forecast (2019-2027)

9.2.2.2.  France Thermal Energy Storage  Market Forecast (2019-2027)

9.2.2.3.  UK Thermal Energy Storage  Market Forecast (2019-2027)

9.2.2.4.  Russia Thermal Energy Storage  Market Forecast (2019-2027)

9.2.2.5.  Italy Thermal Energy Storage  Market Forecast (2019-2027)

9.2.2.6.  Rest of Europe Thermal Energy Storage  Market Forecast (2019-2027)

9.2.3.  Asia-Pacific Thermal Energy Storage  Market Forecast (2019-2027)

9.2.3.1.  China Thermal Energy Storage  Market Forecast (2019-2027)

9.2.3.2.  Japan Thermal Energy Storage  Market Forecast (2019-2027)

9.2.3.3.  Korea Thermal Energy Storage  Market Forecast (2019-2027)

9.2.3.4.  India Thermal Energy Storage  Market Forecast (2019-2027)

9.2.3.5.  Southeast Asia Thermal Energy Storage  Market Forecast (2019-2027)

9.2.3.6.  Rest of Asia-Pacific Thermal Energy Storage  Market Forecast (2019-2027)

9.2.4.  South America Thermal Energy Storage  Market Forecast (2019-2027)

9.2.4.1.  Brazil Thermal Energy Storage  Market Forecast (2019-2027)

9.2.4.2.  Argentina Thermal Energy Storage  Market Forecast (2019-2027)

9.2.4.3.  Columbia Thermal Energy Storage  Market Forecast (2019-2027)

9.2.4.4.  Rest of South America Thermal Energy Storage  Market Forecast (2019-2027)

9.2.5.  Middle East and Africa Thermal Energy Storage  Market Forecast (2019-2027)

9.2.5.1.  Saudi Arabia Thermal Energy Storage  Market Forecast (2019-2027)

9.2.5.2.  United Arab Emirates Thermal Energy Storage  Market Forecast (2019-2027)

9.2.5.3.  Egypt Thermal Energy Storage  Market Forecast (2019-2027)

9.2.5.4.  Nigeria Thermal Energy Storage  Market Forecast (2019-2027)

9.2.5.5.  South Africa Thermal Energy Storage  Market Forecast (2019-2027)

9.2.5.6.  Turkey Thermal Energy Storage  Market Forecast (2019-2027)

9.2.5.7.  Rest of Middle East and Africa Thermal Energy Storage  Market Forecast (2019-2027)

9.3.     Thermal Energy Storage  Market Forecast by Product Type (2019-2027)

9.3.1.  Thermal Energy Storage  Forecast by Product Type (2019-2027)

9.3.2.  Thermal Energy Storage  Market Share Forecast by Product Type (2019-2027)

9.4.     Thermal Energy Storage  Market Forecast by Applications (2019-2027)

9.4.1.  Thermal Energy Storage  Forecast by Applications (2019-2027)

9.4.2.  Thermal Energy Storage  Market Share Forecast by Applications (2019-2027)


List of Tables

List of Tables and Figures:

Figure United States Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Canada Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Mexico Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Germany Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure France Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure UK Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Russia Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Italy Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Rest of Europe Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure China Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Japan Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Korea Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure India Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Southeast Asia Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Rest of Asia-Pacific Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Brazil Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Argentina Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Columbia Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Rest of South America Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Saudi Arabia Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure United Arab Emirates Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Egypt Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Nigeria Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure South Africa Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Turkey Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Figure Rest of Middle East and Africa Thermal Energy Storage Revenue (Million USD) and Growth Rate (2016-2027)
Table Global Thermal Energy Storage Revenue and Revenue Share by Product Type (2016-2019)
Figure Global Sensible Heat Storage Revenue and Growth Rate (2016-2019)
Figure Global Latent Heat Storage Revenue and Growth Rate (2016-2019)
Figure Global Thermochemical Heat Storage Revenue and Growth Rate (2016-2019)
Table Global Thermal Energy Storage Revenue and Revenue Share by Applications (2016-2019)
Figure Global Industrial Revenue and Growth Rate (2016-2019)
Figure Global Utilities Revenue and Growth Rate (2016-2019)
Figure Global Residential & Commercial Revenue and Growth Rate (2016-2019)
Table Global Thermal Energy Storage Revenue by Regions (2016-2019)
Figure North America Thermal Energy Storage Growth Rate (2016-2019)
Figure North America Thermal Energy Storage Revenue and Growth Rate (2016-2019)
Figure North America Thermal Energy Storage by Countries (2016-2019)
Figure North America Thermal Energy Storage Revenue (Million USD) by Countries (2016-2019)
Figure United States Thermal Energy Storage Growth Rate (2016-2019)
Figure United States Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Canada Thermal Energy Storage Growth Rate (2016-2019)
Figure Canada Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Mexico Thermal Energy Storage Growth Rate (2016-2019)
Figure Mexico Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Europe Thermal Energy Storage Growth Rate (2016-2019)
Figure Europe Thermal Energy Storage Revenue and Growth Rate (2016-2019)
Figure Europe Thermal Energy Storage by Countries (2016-2019)
Figure Europe Thermal Energy Storage Revenue (Million USD) by Countries (2016-2019)
Figure Germany Thermal Energy Storage Growth Rate (2016-2019)
Figure Germany Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure France Thermal Energy Storage Growth Rate (2016-2019)
Figure France Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure UK Thermal Energy Storage Growth Rate (2016-2019)
Figure UK Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Russia Thermal Energy Storage Growth Rate (2016-2019)
Figure Russia Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Italy Thermal Energy Storage Growth Rate (2016-2019)
Figure Italy Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Rest of Europe Thermal Energy Storage Growth Rate (2016-2019)
Figure Rest of Europe Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Asia-Pacific Thermal Energy Storage Growth Rate (2016-2019)
Figure Asia-Pacific Thermal Energy Storage Revenue and Growth Rate (2016-2019)
Figure Asia-Pacific Thermal Energy Storage by Countries (2016-2019)
Figure Asia-Pacific Thermal Energy Storage Revenue (Million USD) by Countries (2016-2019)
Figure China Thermal Energy Storage Growth Rate (2016-2019)
Figure China Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Japan Thermal Energy Storage Growth Rate (2016-2019)
Figure Japan Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Korea Thermal Energy Storage Growth Rate (2016-2019)
Figure Korea Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure India Thermal Energy Storage Growth Rate (2016-2019)
Figure India Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Southeast Asia Thermal Energy Storage Growth Rate (2016-2019)
Figure Southeast Asia Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Rest of Asia-Pacific Thermal Energy Storage Growth Rate (2016-2019)
Figure Rest of Asia-Pacific Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure South America Thermal Energy Storage Growth Rate (2016-2019)
Figure South America Thermal Energy Storage Revenue and Growth Rate (2016-2019)
Figure South America Thermal Energy Storage by Countries (2016-2019)
Figure South America Thermal Energy Storage Revenue (Million USD) by Countries (2016-2019)
Figure Brazil Thermal Energy Storage Growth Rate (2016-2019)
Figure Brazil Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Argentina Thermal Energy Storage Growth Rate (2016-2019)
Figure Argentina Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Columbia Thermal Energy Storage Growth Rate (2016-2019)
Figure Columbia Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Rest of South America Thermal Energy Storage Growth Rate (2016-2019)
Figure Rest of South America Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Middle East and Africa Thermal Energy Storage Growth Rate (2016-2019)
Figure Middle East and Africa Thermal Energy Storage Revenue and Growth Rate (2016-2019)
Figure Middle East and Africa Thermal Energy Storage by Countries (2016-2019)
Figure Middle East and Africa Thermal Energy Storage Revenue (Million USD) by Countries (2016-2019)
Figure Saudi Arabia Thermal Energy Storage Growth Rate (2016-2019)
Figure Saudi Arabia Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure United Arab Emirates Thermal Energy Storage Growth Rate (2016-2019)
Figure United Arab Emirates Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Egypt Thermal Energy Storage Growth Rate (2016-2019)
Figure Egypt Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Nigeria Thermal Energy Storage Growth Rate (2016-2019)
Figure Nigeria Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure South Africa Thermal Energy Storage Growth Rate (2016-2019)
Figure South Africa Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Turkey Thermal Energy Storage Growth Rate (2016-2019)
Figure Turkey Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Figure Rest of Middle East and Africa Thermal Energy Storage Growth Rate (2016-2019)
Figure Rest of Middle East and Africa Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2016-2019)
Table BrightSource Energy Inc. Thermal Energy Storage Financial Overview
Table SolarReserve LLC Thermal Energy Storage Financial Overview
Table Abengoa SA Thermal Energy Storage Financial Overview
Table Terrafore Technologies LLC Thermal Energy Storage Financial Overview
Table Baltimore Aircoil Company Thermal Energy Storage Financial Overview
Table Ice Energy Thermal Energy Storage Financial Overview
Table Caldwell Energy Thermal Energy Storage Financial Overview
Table Cryogel Thermal Energy Storage Financial Overview
Table Steffes Corporation Thermal Energy Storage Financial Overview
Figure Global Thermal Energy Storage Revenue (Millions USD) and Growth Rate (2019-2027)
Table Thermal Energy Storage Market Forecast by Regions (2019-2027)
Figure North America Thermal Energy Storage Market Forecast (2019-2027)
Figure United States Thermal Energy Storage Market Forecast (2019-2027)
Figure Canada Thermal Energy Storage Market Forecast (2019-2027)
Figure Mexico Thermal Energy Storage Market Forecast (2019-2027)
Figure Europe Thermal Energy Storage Market Forecast (2019-2027)
Figure Germany Thermal Energy Storage Market Forecast (2019-2027)
Figure France Thermal Energy Storage Market Forecast (2019-2027)
Figure UK Thermal Energy Storage Market Forecast (2019-2027)
Figure Russia Thermal Energy Storage Market Forecast (2019-2027)
Figure Italy Thermal Energy Storage Market Forecast (2019-2027)
Figure Rest of Europe Thermal Energy Storage Market Forecast (2019-2027)
Figure Asia-Pacific Thermal Energy Storage Market Forecast (2019-2027)
Figure China Thermal Energy Storage Market Forecast (2019-2027)
Figure Japan Thermal Energy Storage Market Forecast (2019-2027)
Figure Korea Thermal Energy Storage Market Forecast (2019-2027)
Figure India Thermal Energy Storage Market Forecast (2019-2027)
Figure Southeast Asia Thermal Energy Storage Market Forecast (2019-2027)
Figure Rest of Asia-Pacific Thermal Energy Storage Market Forecast (2019-2027)
Figure South America Thermal Energy Storage Market Forecast (2019-2027)
Figure Brazil Thermal Energy Storage Market Forecast (2019-2027)
Figure Argentina Thermal Energy Storage Market Forecast (2019-2027)
Figure Columbia Thermal Energy Storage Market Forecast (2019-2027)
Figure Rest of South America Thermal Energy Storage Market Forecast (2019-2027)
Figure Middle East and Africa Thermal Energy Storage Market Forecast (2019-2027)
Figure Saudi Arabia Thermal Energy Storage Market Forecast (2019-2027)
Figure United Arab Emirates Thermal Energy Storage Market Forecast (2019-2027)
Figure Egypt Thermal Energy Storage Market Forecast (2019-2027)
Figure Nigeria Thermal Energy Storage Market Forecast (2019-2027)
Figure South Africa Thermal Energy Storage Market Forecast (2019-2027)
Figure Turkey Thermal Energy Storage Market Forecast (2019-2027)
Figure Rest of Middle East and Africa Thermal Energy Storage Market Forecast (2019-2027)
Figure Global Thermal Energy Storage Forecast by Product Type (2019-2027)
Figure Global Thermal Energy Storage Market Share Forecast by Product Type (2019-2027)
Figure Global Thermal Energy Storage Forecast by Product Type (2019-2027)
Figure Global Thermal Energy Storage Forecast by Applications (2019-2027)
Figure Global Thermal Energy Storage Market Share Forecast by Applications (2019-2027)
Figure Global Thermal Energy Storage Forecast by Applications (2019-2027)

Please Note: Data related to the Companies are subject to Availability.


Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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