Thermal Energy Storage Market Research Report and Forecast up to 2020 Thermal Energy Storage Market - Global Industry An

Thermal Energy Storage Market - Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2014 - 2020
The need for a sustained energy solution for daily needs has fueled demand for
thermal energy storage (TES) systems globally. Thermal energy storage systems
stock up energy for later use, employing water, ice-slush tanks, rock from the
bedrock layer, aquifers, insulated lined pits and eutectic, phase-changing materials
(PCMs). Demand for energy can be managed effectively through the usage of TES
systems. These systems store solar energy for space heating in the winter and store
cold winter air for air conditioning purposes in summer. TES solutions can be
implemented in buildings, towns and districts. Sources for TES include heat pumps,
peak shaving, heat generated by power plants and heat from waste. TES systems
are capable of replacing nearly 50% of the conventionally sourced energy in any
industry. These systems also optimize the overall efficiency of energy systems, thus
balancing fluctuating demand in the process. TES systems reduce demand for
energy during peak hours, lower carbon dioxide emissions and bring down energy
consumption by end-consumers.
This 122 page report gives readers a comprehensive overview of the
Thermal Energy Storage market Browse through 34 data tables and 27
figures to unlock the hidden opportunities in this market.
http://www.transparencymarketresearch.com/thermal-energy-storage-
market.html
This research study is designed to analyze the global market for thermal energy
storage both in terms of capacity installation (MW) and revenue (USD Million). The
market for thermal energy storage has been segmented based on technology and
end-use. The market has also been segmented on a regional level. Regional
segments included in this study are North America, Europe, Asia Pacific, and Rest of
the World (RoW). The research provides an in-depth analysis of the total demand for
thermal energy storage technologies and market revenue of the global thermal
energy storage market. The report features a detailed regional segmentation along
with growth forecast for the period from 2014 to 2020. Projections have been
provided for both technology and end-use segments under each region. The market
study on thermal energy storage technologies also provides historical data, detailed