Global Thermal Energy Storage Market to Grow at a CAGR of 18.7% During 2015-2019
The global thermal energy storage market to grow at a CAGR of 18.7% over the period 2014-2019. Thermal energy storage technology is mainly used for accumulating thermal energy by heating or cooling a storage medium. The energy stored is normally utilized for heating and cooling applications and also for generating power. These energy storage systems are generally small-scale systems and used commonly in buildings and industrial processes. There are three types of thermal energy storage systems: sensible heat storage system,...
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