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The Global Thermal Energy Storage market is expected to reach $475.53 million by 2026 growing at a CAGR of 16.4% from 2019 to 2026. Thermal energy storage is a simple & highly efficient method of transferring energy, which does not involve chemical conversion. It is one of the most feasible eco-friendly energy-saving solutions. It holds thermal energy temporarily in the hot or cold form for utilization at a later stage. Factors such as increasing adoption of renewable energy sources, growing need for enhanced energy efficiency, and rising demand for heating & cooling applications for smart infrastructure are driving the growth of the market. However, competition from battery storage and pumped-storage is restraining the growth of the market. Based on the storage material, the molten salts segment is going to have a lucrative growth during the forecast period owing to its higher boiling points as well as high volumetric heat capacities. The key vendors mentioned are Burns & Mcdonnell, Goss Engineering, Baltimore Aircoil, Abengoa Solar, Dc Pro Engineering, Brightsource Energy, Natgun, Cristopia Energy Systems, Dunham-Bush, Caldwell Energy, Solarreserve, Tas Energy, Cryogel, Calmac, Ice Energy, and Steffes. Storage Materials Covered: • Phase Change Materials • Molten Salts • Ice • Heat • Water Technologies Covered: • Latent Heat Storage • Thermochemical Storage • Sensible Heat Storage • Solar Energy Storage • Electric Thermal Storage Heaters • Ice-Based Technology • Molten Salt Technology • Miscibility Gap Alloy Technology • Hot Silicon Technology • Pumped Heat Electrical Storage (PHES) • Cryogenic Energy Storage • Concentrated Solar Power (CSP) Applications Covered: • District Heating & Cooling • Power Generation • Ice Storage Air-Conditioning • Process Heating & Cooling End Users Covered: • Residential • Commercial and Industrial • Utilities Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Thermal Energy Storage Market, By Storage Material
5.1 Introduction
5.2 Phase Change Materials
5.3 Molten Salts
5.4 Ice
5.5 Heat
5.6 Water

6 Global Thermal Energy Storage Market, By Technology
6.1 Introduction
6.2 Latent Heat Storage
6.3 Thermo-chemical Storage
6.4 Sensible Heat Storage
6.5 Solar Energy Storage
6.6 Electric Thermal Storage Heaters
6.7 Ice-Based Technology
6.8 Molten Salt Technology
6.9 Miscibility Gap Alloy Technology
6.10 Hot Silicon Technology
6.11 Pumped Heat Electrical Storage (PHES)
6.12 Cryogenic Energy Storage
6.13 Concentrated Solar Power (CSP)

7 Global Thermal Energy Storage Market, By Application
7.1 Introduction
7.2 District Heating & Cooling
7.3 Power Generation
7.4 Ice Storage Air-Conditioning
7.5 Process Heating & Cooling

8 Global Thermal Energy Storage Market, By End User
8.1 Introduction
8.2 Residential
8.3 Commercial and Industrial
8.4 Utilities

9 Global Thermal Energy Storage Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa

10 Strategic Benchmarking

11 Vendors Landscape
11.1 Burns & Mcdonnell
11.2 Goss Engineering
11.3 Baltimore Aircoil
11.4 Abengoa Solar
11.5 Dc Pro Engineering
11.6 Brightsource Energy
11.7 Natgun
11.8 Cristopia Energy Systems
11.9 Dunham-Bush
11.10 Caldwell Energy
11.11 Solarreserve
11.12 Tas Energy
11.13 Cryogel
11.14 Calmac
11.15 Ice Energy
11.16 Steffes

List of Data Tables
1 Global Thermal Energy Storage Market Outlook, By Region (2018-2026) ($MN)
2 Global Thermal Energy Storage Market Outlook, By Storage Material (2018-2026) ($MN)
3 Global Thermal Energy Storage Market Outlook, By Phase Change Materials (2018-2026) ($MN)
4 Global Thermal Energy Storage Market Outlook, By Molten Salts (2018-2026) ($MN)
5 Global Thermal Energy Storage Market Outlook, By Ice (2018-2026) ($MN)
6 Global Thermal Energy Storage Market Outlook, By Heat (2018-2026) ($MN)
7 Global Thermal Energy Storage Market Outlook, By Water (2018-2026) ($MN)
8 Global Thermal Energy Storage Market Outlook, By Technology (2018-2026) ($MN)
9 Global Thermal Energy Storage Market Outlook, By Latent Heat Storage (2018-2026) ($MN)
10 Global Thermal Energy Storage Market Outlook, By Thermo-chemical Storage (2018-2026) ($MN)
11 Global Thermal Energy Storage Market Outlook, By Sensible Heat Storage (2018-2026) ($MN)
12 Global Thermal Energy Storage Market Outlook, By Solar Energy Storage (2018-2026) ($MN)
13 Global Thermal Energy Storage Market Outlook, By Electric Thermal Storage Heaters (2018-2026) ($MN)
14 Global Thermal Energy Storage Market Outlook, By Ice-Based Technology (2018-2026) ($MN)
15 Global Thermal Energy Storage Market Outlook, By Molten Salt Technology (2018-2026) ($MN)
16 Global Thermal Energy Storage Market Outlook, By Miscibility Gap Alloy Technology (2018-2026) ($MN)
17 Global Thermal Energy Storage Market Outlook, By Hot Silicon Technology (2018-2026) ($MN)
18 Global Thermal Energy Storage Market Outlook, By Pumped Heat Electrical Storage (PHES) (2018-2026) ($MN)
19 Global Thermal Energy Storage Market Outlook, By Cryogenic Energy Storage (2018-2026) ($MN)
20 Global Thermal Energy Storage Market Outlook, By Concentrated Solar Power (CSP) (2018-2026) ($MN)
21 Global Thermal Energy Storage Market Outlook, By Application (2018-2026) ($MN)
22 Global Thermal Energy Storage Market Outlook, By District Heating & Cooling (2018-2026) ($MN)
23 Global Thermal Energy Storage Market Outlook, By Power Generation (2018-2026) ($MN)
24 Global Thermal Energy Storage Market Outlook, By Ice Storage Air-Conditioning (2018-2026) ($MN)
25 Global Thermal Energy Storage Market Outlook, By Process Heating & Cooling (2018-2026) ($MN)
26 Global Thermal Energy Storage Market Outlook, By End User (2018-2026) ($MN)
27 Global Thermal Energy Storage Market Outlook, By Residential (2018-2026) ($MN)
28 Global Thermal Energy Storage Market Outlook, By Commercial and Industrial (2018-2026) ($MN)
29 Global Thermal Energy Storage Market Outlook, By Utilities (2018-2026) ($MN)
30 North America Thermal Energy Storage Market Outlook, By Storage Material (2018-2026) ($MN)
31 North America Thermal Energy Storage Market Outlook, By Technology (2018-2026) ($MN)
32 North America Thermal Energy Storage Market Outlook, By Application (2018-2026) ($MN)
33 North America Thermal Energy Storage Market Outlook, By End User (2018-2026) ($MN)
34 Europe Thermal Energy Storage Market Outlook, By Storage Material (2018-2026) ($MN)
35 Europe Thermal Energy Storage Market Outlook, By Technology (2018-2026) ($MN)
36 Europe Thermal Energy Storage Market Outlook, By Application (2018-2026) ($MN)
37 Europe Thermal Energy Storage Market Outlook, By End User (2018-2026) ($MN)
38 Asia Pacific Thermal Energy Storage Market Outlook, By Storage Material (2018-2026) ($MN)
39 Asia Pacific Thermal Energy Storage Market Outlook, By Technology (2018-2026) ($MN)
40 Asia Pacific Thermal Energy Storage Market Outlook, By Application (2018-2026) ($MN)
41 Asia Pacific Thermal Energy Storage Market Outlook, By End User (2018-2026) ($MN)
42 South America Thermal Energy Storage Market Outlook, By Storage Material (2018-2026) ($MN)
43 South America Thermal Energy Storage Market Outlook, By Technology (2018-2026) ($MN)
44 South America Thermal Energy Storage Market Outlook, By Application (2018-2026) ($MN)
45 South America Thermal Energy Storage Market Outlook, By End User (2018-2026) ($MN)
46 Middle East & Africa Thermal Energy Storage Market Outlook, By Storage Material (2018-2026) ($MN)
47 Middle East & Africa Thermal Energy Storage Market Outlook, By Technology (2018-2026) ($MN)
48 Middle East & Africa Thermal Energy Storage Market Outlook, By Application (2018-2026) ($MN)
49 Middle East & Africa Thermal Energy Storage Market Outlook, By End User (2018-2026) ($MN)