Thermal Energy Storage (TES) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

MarketResearchReports.Biz announces addition of new report “ Thermal Energy Storage (TES) Market 2014” to its database.


Albany, NY -- (SBWIRE) -- 07/03/2014 -- Thermal energy storage (TES) stores excess thermal energy in a storage medium and supplies it back in later use. TES can be utilized on an individual, multiuser, district or even on larger scale.TES systems provide balance between day time and night time or summer time and winter time. TES is commonly used in air conditioning activities of commercial buildings, where heat is stored during cooling cycles and recovered during heating cycles. It also helps in energy saving hence, TES makes air conditioning process sustainable. TES can also be accompanied by solar power. With the help of solar collectors or concentrated towers, the thermal energy is captured and stored for the future use. As TES can store captured heat from environment even on massive scale, it can help to prevent environment from global warming.

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TES technology involves utilization of various storage mediums to store the captured thermal energy. These mediums include: water, ice, slush tanks, heat pumps, salt solutions, bed-rock and phase-change materials. North American as well as European countries have shown a significant demand for TES in commercial, industrial and residential propose. However, Asia Pacific and RoW are expected to widen-up opportunities for industrial purpose.

One of the major factors driving this market is the ever growing demand for energy across the world. Similarly, the industrialization happening in developing countries is also driving the growth of the market. However, high initial setup costs for storage mediums as well as maintenance costs can act as restraint to the market in some regions. Automated computer controlled systems are expected to be the future trend as it will eliminate the errors from the process.

California Energy Storage Alliance, exas Energy Storage Alliance, Caldwell Energy, Baltimore Aircoil Company, International District Energy Association, Chicago Bridge & Iron, Abengoa Solar, DC Pro Engineering, LLC, Sunwell Technologies Inc., TAS Energy, Steffes Corporation and Fafco, Inc. are some of the key players in TES market.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a technological growth map over time to understand the industry growth rate

It provides a seven-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

It provides distinctive graphics and exemplified SWOT analysis of major market segments

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