Thermal Energy Storage Market Report by Storage Type (Sensible Heat Storage, Latent Heat Storage, Thermochemical Heat Storage), Technology (Molten Salt Technology, Electric Thermal Storage Heaters, Solar Energy Storage, Ice-Based Technology, Miscibility Gap Alloy Technology (MGA), and Others), Material Type (Water, Molten Salt, Phase Change Materials (PCM), and Others), Application (Power Generation, District Heating and Cooling, Process Heating and Cooling), End-Use (Residential and Commercial Sector, Utility Industry, and Other Industries), and Region 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A2090

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1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Thermal Energy Storage Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Storage Type
    6.1    Sensible Heat Storage
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Latent Heat Storage
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Thermochemical Heat Storage
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Technology
    7.1    Molten Salt Technology
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Electric Thermal Storage Heaters
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Solar Energy Storage
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Ice-Based Technology
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Miscibility Gap Alloy Technology (MGA)
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8   Market Breakup by Material Type
    8.1    Water
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Molten Salt
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Phase Change Materials (PCM)
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Application
    9.1    Power Generation
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    District Heating and Cooling
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Process Heating and Cooling
        9.3.1 Market Trends
        9.3.2 Market Forecast
10 Market Breakup by End-Use
    10.1    Residential and Commercial Sector
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Utility Industry
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Other Industries
        10.3.1 Market Trends
        10.3.2 Market Forecast
11 Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12 SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15 Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Abengoa Solar S.A.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
        15.3.2    Baltimore Aircoil Company Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Brightsource Energy Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Burns & McDonnell Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Chicago Bridge & Iron Company (McDermott International)
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    DC Pro Engineering.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Fafco Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Solarreserve LLC
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Steffes Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Terrafore Technologies LLC
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Thermal Energy Storage Market: Major Drivers and Challenges
Figure 2: Global: Thermal Energy Storage Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Thermal Energy Storage Market: Breakup by Storage Type (in %), 2024
Figure 4: Global: Thermal Energy Storage Market: Breakup by Technology (in %), 2024
Figure 5: Global: Thermal Energy Storage Market: Breakup by Material Type (in %), 2024
Figure 6: Global: Thermal Energy Storage Market: Breakup by Application (in %), 2024
Figure 7: Global: Thermal Energy Storage Market: Breakup by End-Use (in %), 2024
Figure 8: Global: Thermal Energy Storage Market: Breakup by Region (in %), 2024
Figure 9: Global: Thermal Energy Storage Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 10: Global: Thermal Energy Storage (Sensible Heat Storage) Market: Sales Value (in Million USD), 2019 & 2024
Figure 11: Global: Thermal Energy Storage (Sensible Heat Storage) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 12: Global: Thermal Energy Storage (Latent Heat Storage) Market: Sales Value (in Million USD), 2019 & 2024
Figure 13: Global: Thermal Energy Storage (Latent Heat Storage) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 14: Global: Thermal Energy Storage (Thermochemical Heat Storage) Market: Sales Value (in Million USD), 2019 & 2024
Figure 15: Global: Thermal Energy Storage (Thermochemical Heat Storage) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 16: Global: Thermal Energy Storage (Molten Salt Technology) Market: Sales Value (in Million USD), 2019 & 2024
Figure 17: Global: Thermal Energy Storage (Molten Salt Technology) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 18: Global: Thermal Energy Storage (Electric Thermal Storage Heaters) Market: Sales Value (in Million USD), 2019 & 2024
Figure 19: Global: Thermal Energy Storage (Electric Thermal Storage Heaters) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 20: Global: Thermal Energy Storage (Solar Energy Storage) Market: Sales Value (in Million USD), 2019 & 2024
Figure 21: Global: Thermal Energy Storage (Solar Energy Storage) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 22: Global: Thermal Energy Storage (Ice-Based Technology) Market: Sales Value (in Million USD), 2019 & 2024
Figure 23: Global: Thermal Energy Storage (Ice-Based Technology) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 24: Global: Thermal Energy Storage (Miscibility Gap Alloy Technology-MGA) Market: Sales Value (in Million USD), 2019 & 2024
Figure 25: Global: Thermal Energy Storage (Miscibility Gap Alloy Technology-MGA) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 26: Global: Thermal Energy Storage (Other Technologies) Market: Sales Value (in Million USD), 2019 & 2024
Figure 27: Global: Thermal Energy Storage (Other Technologies) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 28: Global: Thermal Energy Storage (Water) Market: Sales Value (in Million USD), 2019 & 2024
Figure 29: Global: Thermal Energy Storage (Water) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 30: Global: Thermal Energy Storage (Molten Salt) Market: Sales Value (in Million USD), 2019 & 2024
Figure 31: Global: Thermal Energy Storage (Molten Salt) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 32: Global: Thermal Energy Storage (Phase Change Materials- PCM) Market: Sales Value (in Million USD), 2019 & 2024
Figure 33: Global: Thermal Energy Storage (Phase Change Materials- PCM) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 34: Global: Thermal Energy Storage (Other Material Types) Market: Sales Value (in Million USD), 2019 & 2024
Figure 35: Global: Thermal Energy Storage (Other Material Types) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 36: Global: Thermal Energy Storage (Power Generation) Market: Sales Value (in Million USD), 2019 & 2024
Figure 37: Global: Thermal Energy Storage (Power Generation) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 38: Global: Thermal Energy Storage (District Heating and Cooling) Market: Sales Value (in Million USD), 2019 & 2024
Figure 39: Global: Thermal Energy Storage (District Heating and Cooling) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 40: Global: Thermal Energy Storage (Process Heating and Cooling) Market: Sales Value (in Million USD), 2019 & 2024
Figure 41: Global: Thermal Energy Storage (Process Heating and Cooling) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 42: Global: Thermal Energy Storage (Residential and Commercial Sector) Market: Sales Value (in Million USD), 2019 & 2024
Figure 43: Global: Thermal Energy Storage (Residential and Commercial Sector) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 44: Global: Thermal Energy Storage (Utility Industry) Market: Sales Value (in Million USD), 2019 & 2024
Figure 45: Global: Thermal Energy Storage (Utility Industry) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 46: Global: Thermal Energy Storage (Other Industries) Market: Sales Value (in Million USD), 2019 & 2024
Figure 47: Global: Thermal Energy Storage (Other Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 48: North America: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 49: North America: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 50: United States: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 51: United States: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 52: Canada: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 53: Canada: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 54: Asia Pacific: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 55: Asia Pacific: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 56: China: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 57: China: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 58: Japan: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 59: Japan: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 60: India: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 61: India: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 62: South Korea: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 63: South Korea: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 64: Australia: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 65: Australia: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 66: Indonesia: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 67: Indonesia: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 68: Others: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 69: Others: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 70: Europe: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 71: Europe: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 72: Germany: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 73: Germany: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 74: France: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 75: France: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 76: United Kingdom: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 77: United Kingdom: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 78: Italy: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 79: Italy: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 80: Spain: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 81: Spain: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 82: Russia: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 83: Russia: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 84: Others: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 85: Others: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 86: Latin America: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 87: Latin America: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 88: Brazil: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 89: Brazil: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 90: Mexico: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 91: Mexico: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 92: Others: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 93: Others: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 94: Middle East and Africa: Thermal Energy Storage Market: Sales Value (in Million USD), 2019 & 2024
Figure 95: Middle East and Africa: Thermal Energy Storage Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 96: Global: Thermal Energy Storage Industry: SWOT Analysis
Figure 97: Global: Thermal Energy Storage Industry: Value Chain Analysis
Figure 98: Global: Thermal Energy Storage Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Thermal Energy Storage Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: Thermal Energy Storage Market Forecast: Breakup by Storage Type (in Million USD), 2025-2033
Table 3: Global: Thermal Energy Storage Market Forecast: Breakup by Technology (in Million USD), 2025-2033
Table 4: Global: Thermal Energy Storage Market Forecast: Breakup by Material Type (in Million USD), 2025-2033
Table 5: Global: Thermal Energy Storage Market Forecast: Breakup by Application (in Million USD), 2025-2033
Table 6: Global: Thermal Energy Storage Market Forecast: Breakup by End-Use (in Million USD), 2025-2033
Table 7: Global: Thermal Energy Storage Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 8: Global: Thermal Energy Storage Market Structure
Table 9: Global: Thermal Energy Storage Market: Key Players

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