Thermal Energy Storage Market Research Report and Forecast up to 2020 Thermal Energy Storage Market - Global Industry An | Page 2

analysis, and statistically refined forecast for technology, end-use applications, and
regional segments.
The size of the thermal energy storage market has been estimated based on
indicators in technology, end-use application, and regional segments. The report
includes the key market dynamics affecting demand for thermal energy storage
technologies globally. In order to study the market dynamics, we have analyzed
market drivers, market restraints, and market opportunities. A comprehensive
competitive landscape, which includes company market share analysis and market
attractiveness analysis, has also been provided in this report. The report also
provides detailed industry analysis of the global thermal energy storage market with
the help of Porter’s Five Forces model. This model helps understand the five major
forces that affect the industry structure and profitability in the global thermal
energy storage market. Bargaining power of buyers, bargaining power of suppliers,
threat from new entrants, threat from substitutes, and degree of competition are
the forces analyzed through the model.
The study also includes the value chain of the global thermal energy storage
market, which provides a glimpse of the upstream, midstream, and downstream
players involved in the business as well as their interaction with end-users of
technologies. Market share analysis has been conducted considering the thermal
energy storage system/capacity installed and the upcoming thermal energy storage
projects. The attractiveness analysis involves benchmarking and ranking each
technology and region on the basis of numerous parameters. The parameters
selected are likely to significantly affect demand for each technology in the current
scenario as well as in the near future.
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The technology segment analysis has been carried out on the global and regional
level. The overall thermal energy storage market has been bifurcated into sensible
heat, latent heat, and thermochemical storage technology segments. Primary end-
user applications of thermal energy storage systems identified in this market study
include commercial and industrial, utilities, and residential applications.
Key participants in the global thermal energy storage market include CALMAC,
EVAPCO, Inc., Chicago Bridge & Iron Company (CB&I), and Goss Engineering, Inc.
Other market players that have been profiled in this report include Abengoa Solar,
S.A., Baltimore Aircoil Company, Burns & McDonnell, Caldwell Energy, FAFCO
Thermal Storage Systems, and TAS Energy. This report provides an overview of
these companies, followed by their financial revenue, business strategies, and
recent developments.