DUBLIN, April 13, 2022 /PRNewswire/ — The “Thermal Energy Storage (TES) – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Thermal Energy Storage (TES) Market to Reach $7.5 Billion by 2026
The global market for Thermal Energy Storage (TES) estimated at US$5.1 Billion in the year 2020, is projected to reach a revised size of US$7.5 Billion by 2026, growing at a CAGR of 6.6% over the analysis period.
Water, one of the segments analyzed in the report, is projected to grow at a 5.9% CAGR to reach US$3.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Molten Salt segment is readjusted to a revised 6.8% CAGR for the next 7-year period. This segment currently accounts for a 25.7% share of the global Thermal Energy Storage…
Global Thermal Energy Storage (TES) Market Report 2022: Market to Reach $7.5 Billion by 2026
