Global Thermal Energy Storage market report just published by Credence Research Inc.

The purpose of the report is to illustrate the state of the market of Thermal Energy Storage, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

Competitive Insights:

Global thermal energy storage market is segmented on the basis of technology, storage material, end user and geography. By technology, sensible technology segment was the most dominant segment in global thermal energy storage market in 2016 and anticipated to continue its dominance over the forecast period. Increasing application of sensible technology such as underground storage of sensible heat in both liquid and solid storage medium is also used for various applications including district heating and cooling systems. Based on storage material, molten salt material segment accounted for the largest share in global thermal energy storage market owing increasing use of molten salts based technology is projected to drive the growth of the segment during the forecast period. On the basis of geography, Europe was estimated to be the largest market for thermal energy storage in 2016 and projected to maintain its dominance during the forecast period. Revision in emission targets and increasing investment in renewable energy capacity addition is anticipated to drive the growth of the segment during the forecast period. Major players in global thermal energy storage market are investing in research and development, merger and acquisition with focus on increasing market penetration.

Leading Players: Abengoa Solar, S.A, Brightsource Energy, Inc, Solarreserve, LLC , Burns & Mcdonnell , Baltimore Aircoil Company,Caldwell Energy, Dc Pro Engineering, Dunham-Bush Holding Bhd.
 
Browse here for full report with Toc: https://www.credenceresearch.com/report/thermal-energy-storage-market
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Thermal Energy Storage buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Thermal Energy Storage contains:
Analysis and forecast of Thermal Energy Storage market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Thermal Energy Storage market;
Assessment and forecast of Thermal Energy Storage market development;
Financial and business profiles of the leading companies in the Thermal Energy Storage industry.
Scope
- Up to date working Thermal Energy Storage data by major regions in the world, the forecast of planned capacity additions by 2026
- The annual breakdown of capital expenditure spending on proposed Thermal Energy Storage for the period 2018 to 2026
- Planned Thermal Energy Storage additions and capital expenditure spending by key countries and companies across the world
- Planned capital expenditure spending on new Thermal Energy Storage projects by region, key countries, and companies
- Details of major planned Thermal Energy Storage projects in the world up to 2026
Browse here for full report with Toc: https://www.credenceresearch.com/report/thermal-energy-storage-market
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