Global Thermal Energy Storage Market to Reach US$1.8 Bn Till 2020, Europe to Register Maximum Demand
The global thermal energy storage market was valued at more than US$0.6 bn in 2013 and is expected to reach US$1.8 bn by 2020. Thermal Energy Storage Market states that the global thermal energy storage market will expand at a 16.70% CAGR during the period from 2014 to 2020 due to the increasing need for efficient and reliable electricity.
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