能源储存市场报告：2031 年趋势、预测与竞争分析

全球热能能源储存市场前景光明，在公共产业、商业和工业市场都存在机会。预计到 2031 年，全球热能能源储存市场规模将达到 5.666 亿美元，2025 年至 2031 年的复合年增长率为 13.9%。该市场的主要驱动力是 HVAC 系统的使用日益增多以及绿色建筑对能源储存的需求日益增长。

• Lucintel 表示，根据应用，预测期内发电仍将是最大的细分市场。
• 根据最终用途，预计公用事业在预测期内仍将是最大的部分。
• 根据地区，预计欧洲在预测期内仍将是最大的地区。

热能能源储存市场的策略性成长机会

热能能源储存市场在不同的应用领域呈现各种策略成长机会。这是由对永续能源解决方案的持续高需求和各个领域的技术成长所推动的。世界各国纷纷制定能源战略，将再生能源来源和TES系统作为有效管理能源供需的基本工具。主要成长领域包括住宅供暖和製冷、工业流程、区域能源系统、聚光型太阳光电(CSP) 和电动汽车 (EV) 充电基础设施。透过参与这些领域，相关人员可以获得经济利益，同时为更永续的能源环境做出贡献。本简报确定了 TES 市场中的五个主要成长机会并讨论了它们的潜在影响。

• 住宅供暖和製冷：在住宅领域，热能能源储存的应用为满足供暖和製冷需求提供了巨大的成长机会。随着越来越多的住宅寻求节能解决方案，TES 系统透过储存非尖峰时段产生的多余热量以供高峰需求时使用，有效地调节能源消耗。热水箱和住宅相变材料等 TES 技术日益普及，为节能和提高舒适度提供了更大的潜力。此外，随着政府推出能源效率奖励，住宅环境中采用 TES 解决方案预计将获得发展势头，从而创造更永续的能源环境。
• 工业应用：随着能源效率的提高和营业成本的降低，人们对热能能源储存在工业製程的应用越来越感兴趣。製造业、食品加工和化学製造等行业越来越多地考虑引入 TES 系统来储存营运过程中产生的多余热量。这种转变不仅会降低成本，还会最大限度地减少工业製程的碳排放。随着行业不断追求永续性和效率，对 TES 技术的需求预计将增长，从而刺激该领域的进一步研究和投资机会。
• 区域能源系统：区域能源系统透过单一集中电源为多栋建筑物供暖和製冷，这对 TES 来说是一个令人兴奋的成长机会。将 TES 整合到区域供热和製冷网路中，可使营运商优化能源使用并最大限度地减少对石化燃料的依赖。透过在低需求时段将热能储存在TES中并在高峰时段使用，可以显着提高整体能源供应的效率，有助于稳定电网。随着都市化的不断推进，区域能源系统的需求也日益增长，使得区域能源系统成为现代基础设施的重要组成部分。
• 聚光型太阳热能发电（CSP）：CSP计划的扩张为热能能源储存的发展提供了许多机会。 CSP 技术使用镜子或透镜将阳光集中到热表面并将其储存为热量，即使在阴天也可以用来发电。太阳能高峰时段产生的能量透过 CSP 电厂的 TES 系统存储，并在最需要时或太阳能输出较低时提供。随着世界转向可再生能源，对 CSP 及其整合 TES 的投资预计将飙升，这些系统将成为解决方案的关键组成部分。
• 电动车 (EV) 充电基础设施：电动车 (EV) 的兴起代表能源储存的新前沿，尤其是在充电基础设施方面。将 TES 纳入电动车充电站，可以透过在非高峰时段储存热能并在高峰时段使用它来支援充电操作，从而有效地管理能源负荷。这将提高充电站的效率并支持将再生能源来源纳入充电过程。随着越来越多的电动车拥抱这一趋势，TES 将在优化充电站能源使用方面发挥越来越重要的作用。

多样化的应用和技术创新潜力为热能能源储存市场带来了策略成长机会。住宅供暖、工业流程、区域能源系统、聚光型太阳光电和电动汽车充电基础设施等机会将帮助相关人员推进 TES 技术的应用，提供更有效率和永续的能源使用，同时为低碳能源的未来做出贡献。

热能能源储存市场驱动因素与挑战

由于对能源效率、永续性和能源安全的需求不断增加，热能能源储存(TES) 市场有望经历指数级增长。然而，技术限制、成本和政策障碍等若干挑战也在影响市场动态。了解市场驱动因素和挑战将有助于相关人员制定有效的策略，以加强 TES 技术的部署并利用市场机会。

驱动程式

• 对能源效率的需求不断增加：随着政府和企业追求更节能的方法，对 TES 解决方案的需求也不断增长。 TES可以有效储存再生能源来源所产生的剩余能源，实现更有效率的能源利用。
• 再生能源来源的整合：增加对太阳能和风能等再生能源来源的依赖需要有效的能源储存解决方案。 TES 对于管理这些能源来源的间歇性以及确保即使在产量低的时候也能可靠地供应能源至关重要。
• 政府支持政策：政府奖励和政策促进能源效率和可再生能源的采用，是市场的主要驱动力。财政奖励和法律规范将鼓励对 TES 技术的投资并推动市场成长。
• 更加关注永续性和气候目标：对气候变迁日益增长的担忧正在加速向永续能源系统的转变。能源储存对于能源系统脱碳至关重要，对于实现气候变迁目标也至关重要。
• 技术进步：材料科学和工程领域的持续创新正在促进更有效率的 TES 系统的开发。相变材料和其他技术的进步正在提高性能，使 TES 成为各种应用的更具吸引力的选择。

任务

• 初始成本高：安装热能能源储存系统所需的资本投资对许多企业和组织来说可能是一个障碍。儘管 TES 解决方案可以带来长期节省，但高昂的前期成本可能会阻碍潜在的采用者。
• 技术限制：一些现有的TES技术在效率和扩充性方面有限制，限制了其广泛应用。需要持续的研究和开发来解决这些限制并提高整体性能。
• 缺乏意识和理解：许多潜在用户可能没有完全了解 TES 的好处或如何将其整合到现有的能源系统中。缺乏这种认识可能会阻碍市场的成长和采用。
• 监管与政策障碍：虽然一些政府政策支持 TES，但其他政策却成为市场进入的障碍。不一致的监管和缺乏支援可能会给考虑投资 TES 技术的相关人员带来挑战。
• 来自替代能源储存解决方案的竞争：各种能源储存技术（如锂离子电池和其他先进系统）的兴起对 TES 构成了竞争。随着这些替代能源变得越来越普及，TES 可能会面临差异化其价值提案的挑战。

了解热能能源储存市场的关键驱动因素和挑战对于希望有效驾驭这一不断变化的情况的相关人员至关重要。透过利用市场驱动力和应对挑战，相关人员可以在塑造热能能源储存的未来和为更永续的能源未来做出贡献方面发挥关键作用。

目录

第一章执行摘要

第二章 全球能源储存市场：市场动态

• 简介、背景和分类
• 供应链
• 产业驱动力与挑战

第三章市场趋势与预测分析（2019-2031）

• 宏观经济趋势（2019-2024）及预测（2025-2031）
• 全球热能能源储存市场趋势（2019-2024）及预测（2025-2031）
• 全球热能能源储存市场（按技术）
  • 显热储存
  • 潜热储存
  • 热化学储存
• 全球能源储存市场（按热能储存材料）
  • 水
  • 熔盐
  • 相变材料
  • 其他的
• 全球能源储存市场（按应用）
  • 发电
  • 区域供热和製冷
  • 製程加热和冷却
  • 其他的
• 全球能源储存市场（按最终用途划分）
  • 实用工具
  • 商业
  • 产业
  • 其他的

第四章区域市场趋势与预测分析（2019-2031）

• 全球能源储存市场（按地区）
• 北美热能能源储存市场
• 欧洲热能能源储存市场
• 亚太热能能源储存市场
• 世界其他地区的热能能源储存市场

第五章 竞争分析

• 产品系列分析
• 营运整合
• 波特五力分析

第六章 成长机会与策略分析

• 成长机会分析
  • 全球热能能源储存市场成长机会（按技术）
  • 全球热能能源储存市场的成长机会（按热能储存材料）
  • 全球热能能源储存市场的成长机会（按应用）
  • 全球热能能源储存市场成长机会（依最终用途划分）
  • 全球能源储存市场各区域成长机会
• 全球热能能源储存市场的新趋势
• 战略分析
  • 新产品开发
  • 全球热能能源储存市场产能扩张
  • 全球热能能源储存市场的企业合併
  • 认证和许可

第七章主要企业简介

• Abengoa Solar
• Burns & McDonnell
• SolarReserve
• BrightSource Energy
• Calmac
• MAN Energy Solutions
• Baltimore Air Coil Technology
• Cristopia Energy
• Cryogel
• Caldwell Energy

The future of the global thermal energy storage market looks promising with opportunities in the utility, commercial, and industrial markets. The global thermal energy storage market is expected to reach an estimated $566.6 million by 2031 with a CAGR of 13.9% from 2025 to 2031. The major drivers for this market are the growing use of HVAC systems and the increasing need for energy storage in green buildings.

• Lucintel forecasts that, within the application category, the power generation will remain the largest segment over the forecast period.
• Within the end use category, utility will remain the largest segment over the forecast period.
• In terms of regions, Europe will remain the largest region over the forecast period.

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Emerging Trends in the Thermal Energy Storage Market

There are transformative trends in the thermal energy storage market that are changing the way energy is managed and consumed. The rise of technological advancements, a shifting landscape, and new policy frameworks, along with an increasing focus on sustainability, are reshaping the way energy is managed and consumed.

• With TES and renewable energy sources: The principles of solar and wind energy are being integrated with thermal energy storage, capturing unused surplus energy created during periods of peak demand in an efficient manner that guarantees a source of power when needed.
• Materials Science Developments: Ongoing innovations in materials science result in more effective thermal energy storage technologies, with breakthroughs in phase-change materials for storing and releasing heat at a specific temperature. Therefore, TES is becoming more applicable across all sectors.
• Policy Support and Incentives: The growth of the thermal energy storage market depends significantly on government policies and incentives. Country regulations are swift, motivating investment in TES technologies through financial incentives like tax credits, grants, and supportive frameworks.
• Focus on Energy Resilience: The growing global focus on energy resilience, including climate change and extreme weather, has increased interest in TES as a necessary backup power solution that maintains energy supply during outages and enhances the reliability of critical infrastructure.
• Decentralization of Energy Systems: The shift toward decentralized energy solutions encourages localized thermal energy storage systems, allowing consumers to have greater control over energy and reducing pressure on the centralized energy grid, particularly in urban centers.

These emerging trends are transforming the thermal energy storage market by facilitating innovation, improving integration into renewable energy sources, and paving the way for supportive policies that promise a bright future for sustainable energy.

Recent Developments in the Thermal Energy Storage Market

The TES market is rapidly developing due to technological advancements, global aspirations for sustainability, and the integration of renewable energy sources. As countries focus more on improving efficiency in the energy sector and reducing carbon emissions, energy supply management has become increasingly dependent on effective TES systems. These systems help overcome intermittency from solar and wind resources, especially for storing excess thermal energy for later use. The growth of large-scale projects and innovations in material sciences are crucial advancements for integration into smart grid technologies. Increased industrial uptake and heightened attention to sustainability are notable recent developments. Taken together, these advances are transforming the TES landscape and becoming essential components in developing energy plans and policies for a secure and resource-efficient energy future.

• Advances in Materials Science: Recent developments in materials science significantly advance thermal energy storage systems. Innovations in phase-change materials (PCMs) and high-performance insulation technologies improve storage capacity and heat transfer efficiency. These materials are capable of absorbing and releasing heat at selected temperatures, making them excellent for residential heating and various industrial applications. New, lower-cost PCMs help reduce overall system costs, making TES solutions competitive with other energy storage technologies. As materials evolve, efficiency and effectiveness in TES systems will increase, leading to wider application across many sectors and a more effective contribution to energy sustainability.
• Large-scale Project Scale-Up: The scaling up of large-scale Thermal Energy Storage projects, particularly in concentrated solar power (CSP) plants, represents an important development for the TES market. These projects, which store energy produced by molten salt or other advanced mediums, allow excess daytime energy to be accumulated and used at nighttime or during peak demand. Therefore, reliance on fossil fuels is avoided while enhancing the efficiency of these renewable sources. Examples include several new projects under development in the United States, China, and Spain. Massive TES systems will support grid stability while accelerating the growth of renewable energy and helping to achieve national decarbonization targets.
• Coupling with Smart Grids: Coupling with smart grid technologies enables thermal energy storage systems to enhance energy management and distribution. Smart grids facilitate efficient energy flow in real time, controlling demand and fluctuations by optimizing the usage of stored thermal energy. This integration allows for better synchronization of energy generation and consumption, resulting in an advanced level of efficiency in energy systems overall. By employing predictive analytics and automated controls, utilities can reduce peak loads and save on energy costs, benefiting consumers in the long run. The synergetic role of TES with grid management systems will be increasingly crucial in the development of future smart grid technologies.
• Industrial Applications and Increased Adoption: Thermal energy storage is rapidly gaining traction in industries, particularly in energy-intensive sectors like manufacturing and food processing. Industries recognize TES's potential for energy cost savings and enhanced operational efficiency. By utilizing excess heat produced during processes, companies can better manage their energy supplies and reduce demand during peak electricity tariffs. Furthermore, the ability to exploit this stored thermal energy for heating or cooling operations results in significant operational cost savings. As businesses increasingly strive to reduce their carbon footprint, the demand for TES in industrial applications is expected to rise, promoting the adoption of emerging storage technologies and systems.
• Focus on Sustainability and Carbon Neutrality: The rising emphasis on sustainability and carbon neutrality worldwide is expected to drive the thermal energy storage market, as nations increasingly focus on cutting carbon emissions. With this advanced goal, TES has gained importance as a necessary component for meeting strategic targets. TES systems support decarbonization across all sectors of the economy by enabling greater integration of renewable energy sources and enhancing energy efficiency. Additionally, governments are introducing incentives and regulations that encourage the development and entry of TES technologies into the market. As awareness of climate change impacts grows, the focus on sustainability is expected to lead to increased investment in thermal energy storage solutions.

Such emerging trends in the thermal energy storage market are altering the landscape of the field, encouraging innovation, and establishing TES systems as essential components of sustainable energy strategies. The future of thermal energy storage appears bright, driven by technological innovation in materials science, expansive large-scale projects, integration with smart grid technologies, increased industrial uptake, and a growing concern for sustainability. As these developments progress, they will play a crucial role in advancing energy efficiency globally and promoting a low-carbon future.

Strategic Growth Opportunities for Thermal Energy Storage Market

The thermal energy storage market presents various strategic growth opportunities across diverse applications. This is driven by the ongoing high demand for sustainable energy solutions and the growth of technology in each field. Countries worldwide are strategically utilizing energy and incorporating renewable sources and TES systems as fundamental tools for effectively managing energy supply and demand. Key growth sectors include residential heating and cooling, industrial processes, district energy systems, concentrated solar power (CSP), and electric vehicle (EV) charging infrastructure. By capitalizing on these sectors, stakeholders can contribute to a more sustainable energy landscape while benefiting economically. This overview identifies five key growth opportunities in the TES market and explains their potential impacts.

• Residential Heating and Cooling: In the residential sector, the application of thermal energy storage presents significant growth opportunities to meet heating and cooling requirements. More homeowners are seeking energy-efficient solutions, and TES systems efficiently regulate energy consumption by storing surplus heat produced during off-peak hours for later use during peak demand. The increasing popularity of TES technologies, such as hot water tanks and phase change materials for homes, enhances their potential for energy savings and improved comfort. Additionally, as governments embrace incentives for energy efficiency upgrades, the uptake of TES solutions within residential settings is expected to gain momentum, forming a more sustainable energy landscape.
• Industrial Applications: The interest in applying thermal energy storage in industrial processes is growing as improvements in energy efficiency and reduced operational costs are achieved. Industries such as manufacturing, food processing, and chemical production are increasingly considering the installation of TES systems to store excess heat generated during operations, allowing energy usage to be shifted to off-peak times and taking advantage of lower electricity prices. This transition not only cuts costs but also minimizes the carbon footprint of industrial processes. As industries continue to pursue sustainability and efficiency, the demand for TES technologies is expected to grow, stimulating further research and investment opportunities in this sector.
• District Energy Systems: District energy systems, where multiple buildings are heated or cooled from a single centralized source, represent an exciting growth opportunity for TES. Integrating TES with district heating and cooling networks allows operators to optimize energy usage and minimize reliance on fossil fuels. By storing thermal energy in TES during low-demand periods and utilizing it during peak demand, overall energy supply efficiency is significantly improved, leading to grid stability. As urbanization continues to rise, the demand for district energy systems will increase, making TES an integral part of modern infrastructure.
• Concentrated Solar Power (CSP): The expansion of CSP projects presents numerous opportunities for development in thermal energy storage. CSP technology uses mirrors or lenses to focus sunlight onto a hot surface, which can then be stored as heat and used to generate electricity even on cloudy days. Energy generated during peak sunlight hours can be stored through TES systems in CSP plants and delivered when needed most or when solar output is low. As global attention on renewable energy increases, investments in CSP and its integrated TES are expected to surge, positioning these systems as crucial components of the solution.
• Electric Vehicle (EV) Charging Infrastructure: The rise of electric vehicles (EVs) marks a new frontier for thermal energy storage, particularly regarding charging infrastructure. TES can be integrated into EV charging stations to manage energy loads efficiently by storing thermal energy during off-peak times and using it to support charging operations during peak demand. This enhances charging station efficiency and supports the incorporation of renewable energy sources into the charging process. As more electric vehicles embrace this trend, TES will play an increasingly necessary role in optimizing energy use at charging stations.

Diversified applications and innovation potential contribute to the strategic growth opportunities in the thermal energy storage market. Opportunities such as residential heating, industrial processes, district energy systems, concentrated solar power, and electric vehicle charging infrastructure can help stakeholders drive the application of TES technologies, which will provide more efficient and sustainable energy use while contributing to a low-carbon energy future.

Thermal Energy Storage Market Driver and Challenges

The thermal energy storage (TES) market is on the verge of exponential growth, driven by the rising demand for energy efficiency, sustainability, and energy security. However, several challenges are also affecting market dynamics, including technological limitations, costs, and policy barriers. Understanding the drivers and challenges can help stakeholders develop effective strategies to enhance the deployment of TES technologies and capitalize on market opportunities.

Drivers

• Increasing Demand for Energy Efficiency: As governments and businesses pursue energy-efficient practices, the demand for TES solutions is rising. TES can effectively store excess energy generated from renewable sources, allowing for greater energy efficiency in energy consumption.
• Integration of Renewable Energy Sources: The growing reliance on renewable energy sources such as solar and wind necessitates effective energy storage solutions. TES is vital for managing the intermittency of these sources, ensuring a reliable energy supply even when production is low.
• Supportive Government Policies: Government incentives and policies that promote energy efficiency and renewable energy adoption are significant market drivers. Financial incentives and regulatory frameworks can encourage investment in TES technologies, driving market growth.
• Growing Focus on Sustainability and Climate Goals: With increasing concerns over climate change, the transition to sustainable energy systems has gained momentum. Thermal energy storage is essential for decarbonizing energy systems, making it crucial for achieving climate goals.
• Technological Advancements: Ongoing innovations in materials science and engineering contribute to the development of more efficient TES systems. Advances in phase-change materials and other technologies are enhancing performance, making TES a more attractive option for various applications.

Challenges

• High Initial Costs: The capital investment required for implementing thermal energy storage systems can be a barrier for many businesses and organizations. High upfront costs may deter potential adopters despite the long-term savings associated with TES solutions.
• Technological Limitations: Some existing TES technologies face limitations in efficiency and scalability, which can impact their widespread adoption. Ongoing research and development are necessary to address these limitations and improve overall performance.
• Lack of Awareness and Understanding: Many potential users may not fully understand the benefits of TES or how it can integrate with existing energy systems. This lack of awareness can hinder market growth and adoption rates.
• Regulatory and Policy Barriers: While some government policies support TES, others may create barriers to market entry. Inconsistent regulations or lack of support can pose challenges for stakeholders looking to invest in TES technologies.
• Competition from Alternative Energy Storage Solutions: The rise of various energy storage technologies, such as lithium-ion batteries and other advanced systems, presents competition for TES. As these alternatives gain traction, TES may face challenges in differentiating its value proposition.

Understanding the key drivers and challenges in the thermal energy storage market is vital for stakeholders aiming to navigate this evolving landscape effectively. By leveraging market drivers and addressing challenges, stakeholders can play a crucial role in shaping the future of thermal energy storage and contributing to a more sustainable energy future.

List of Thermal Energy Storage Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies thermal energy storage companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thermal energy storage companies profiled in this report include-

• Abengoa Solar
• Burns & McDonnell
• SolarReserve
• BrightSource Energy
• Calmac
• MAN Energy Solutions
• Baltimore Air Coil Technology
• Cristopia Energy
• Cryogel
• Caldwell Energy

Thermal Energy Storage by Segment

The study includes a forecast for the global thermal energy storage market by technology, storage material, application, end use, and region.

Thermal Energy Storage Market by Technology [Analysis by Value from 2019 to 2031]:

• Sensible Heat Storage
• Latent Heat Storage
• Thermochemical Storage

Thermal Energy Storage Market by Storage Material [Analysis by Value from 2019 to 2031]:

• Water
• Molten Salts
• Phase Change Materials
• Others

Thermal Energy Storage Market by Application [Analysis by Value from 2019 to 2031]:

• Power Generation
• District Heating & Cooling
• Process Heating & Cooling
• Others

Thermal Energy Storage Market by End Use [Analysis by Value from 2019 to 2031]:

• Utilities
• Commercial
• Industrial
• Others

Thermal Energy Storage Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Thermal Energy Storage Market

Thermal energy storage (TES) has received massive attention worldwide as countries try to enhance energy efficiency and properly integrate renewable sources into their energy systems, especially given rising energy demands and climate change.

• United States: The U.S. market has been growing due to technological innovation and enabling policies, especially with molten salt storage systems for concentrated solar power plants, which allow for extended energy delivery beyond daylight hours.
• China: China remains a significant participant in TES research, investing heavily in R&D of phase change materials (PCMs) and large-scale storage systems to support its renewable energy targets and energy efficiency.
• Germany: Sustainability is the focus in Germany. TES-based supportive technologies, such as innovative seasonal thermal energy storage systems that utilize excess heat generation during warmer months, will be employed to store energy for colder months.
• India: India is increasingly recognizing the potential of TES as a vital component in supporting its solar energy initiatives, including pilot projects for molten salt storage systems in concentrated solar power plants and a growing emphasis on integrating TES with industrial energy processes.
• Japan: Following the post-energy crisis triggered by the Fukushima disaster, energy efficiency and resilience, guided by the maxim of reliability, have led Japan to deploy TES systems in residential heating applications while investing heavily in developing advanced materials that enhance thermal storage performance and reliability.

Features of the Global Thermal Energy Storage Market

Market Size Estimates: Thermal energy storage market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Thermal energy storage market size by various segments, such as by technology, storage material, application, end use, and region in terms of value ($M).

Regional Analysis: Thermal energy storage market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, storage materials, applications, end uses, and regions for the thermal energy storage market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thermal energy storage market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the thermal energy storage market by technology (sensible heat storage, latent heat storage, and thermochemical storage), storage material (water, molten salts, phase change materials, and others), application (power generation, district heating & cooling, process heating & cooling, and others), end use (utilities, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Thermal Energy Storage Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Thermal Energy Storage Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Thermal Energy Storage Market by Technology
  • 3.3.1: Sensible Heat Storage
  • 3.3.2: Latent Heat Storage
  • 3.3.3: Thermochemical Storage
• 3.4: Global Thermal Energy Storage Market by Storage Material
  • 3.4.1: Water
  • 3.4.2: Molten Salts
  • 3.4.3: Phase Change Materials
  • 3.4.4: Others
• 3.5: Global Thermal Energy Storage Market by Application
  • 3.5.1: Power Generation
  • 3.5.2: District Heating & Cooling
  • 3.5.3: Process Heating & Cooling
  • 3.5.4: Others
• 3.6: Global Thermal Energy Storage Market by End Use
  • 3.6.1: Utilities
  • 3.6.2: Commercial
  • 3.6.3: Industrial
  • 3.6.4: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Thermal Energy Storage Market by Region
• 4.2: North American Thermal Energy Storage Market
  • 4.2.1: North American Thermal Energy Storage Market by Application: Power Generation, District Heating & Cooling, Process Heating & Cooling, and Others
  • 4.2.2: North American Thermal Energy Storage Market by End Use: Utilities, Commercial, Industrial, and Others
• 4.3: European Thermal Energy Storage Market
  • 4.3.1: European Thermal Energy Storage Market by Application: Power Generation, District Heating & Cooling, Process Heating & Cooling, and Others
  • 4.3.2: European Thermal Energy Storage Market by End Use: Utilities, Commercial, Industrial, and Others
• 4.4: APAC Thermal Energy Storage Market
  • 4.4.1: APAC Thermal Energy Storage Market by Application: Power Generation, District Heating & Cooling, Process Heating & Cooling, and Others
  • 4.4.2: APAC Thermal Energy Storage Market by End Use: Utilities, Commercial, Industrial, and Others
• 4.5: ROW Thermal Energy Storage Market
  • 4.5.1: ROW Thermal Energy Storage Market by Application: Power Generation, District Heating & Cooling, Process Heating & Cooling, and Others
  • 4.5.2: ROW Thermal Energy Storage Market by End Use: Utilities, Commercial, Industrial, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Thermal Energy Storage Market by Technology
  • 6.1.2: Growth Opportunities for the Global Thermal Energy Storage Market by Storage Material
  • 6.1.3: Growth Opportunities for the Global Thermal Energy Storage Market by Application
  • 6.1.4: Growth Opportunities for the Global Thermal Energy Storage Market by End Use
  • 6.1.5: Growth Opportunities for the Global Thermal Energy Storage Market by Region
• 6.2: Emerging Trends in the Global Thermal Energy Storage Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Thermal Energy Storage Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Thermal Energy Storage Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Abengoa Solar
• 7.2: Burns & McDonnell
• 7.3: SolarReserve
• 7.4: BrightSource Energy
• 7.5: Calmac
• 7.6: MAN Energy Solutions
• 7.7: Baltimore Air Coil Technology
• 7.8: Cristopia Energy
• 7.9: Cryogel
• 7.10: Caldwell Energy