Global Molten Salt Thermal Energy Storage Market Expected to Reach CAGR of 24.7% from 2015 – 2023 Report SaysOctober 8, 2015
The research study is designed to analyze the global molten salt thermal energy storage (TES) market. The market is calculated in terms of volume (TWh) and revenue (USD Million) based on the existing and upcoming molten salt thermal energy storage plants in different countries. The market for molten salt thermal energy storage has been segmented on the basis of geography.
The regional segments included in this study are North America, Europe, Asia Pacific, Middle East and Africa, and Central and South America. These regional segments are further divided into country-wise sub-segments. The report provides a detailed growth forecast for the 2015-2023 period, considering 2014 as the base year. Projections have been provided for both volume (TWh) and revenue (USD Million), considering the capacity installation of existing and upcoming molten salt thermal energy storage plants.
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The report includes the key market dynamics affecting the demand for molten salt thermal energy storage technology. As a part of our market dynamics analysis, we have analyzed the market drivers, market restraints, and market opportunities. A comprehensive competitive landscape, which includes market attractiveness analysis, has also been provided in this report. The report also provides a detailed industry analysis of the global molten salt thermal energy storage (TES) market with the help of Porters Five Forces model. The Porters Five Forces analysis aids in understanding the five major forces that affect the industry structure and profitability of the global molten salt thermal energy storage (TES) market. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.The study also includes the value chain of molten salt thermal energy storage (TES) market. The value chain provides a glimpse of key suppliers, manufacturers, distribution channel, as well as interaction of suppliers and buyers with end-users. The market attractiveness analysis involves benchmarking and ranking each region on the basis of numerous parameters. The parameters selected are likely to have a pronounced effect on the demand for molten salt thermal energy storage technology in the current scenario as well as in the near future.
Key participants in the global molten salt thermal energy storage market include Abengoa Solar S.A., Acciona S.A., AREVA, BrightSource Energy, Inc., SCHOTT AG, Siemens AG, and Pratt & Whitney Rocketdyne Inc. The report provides an overview of these companies, followed by their financial revenues, business strategies, and recent developments. The global molten salt thermal energy storage (TES) market has been segmented as follows:
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Global Molten Salt Thermal Energy Storage Market: Regional Segment Analysis
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- South Africa
- Rest of MEA
- Central and South America (CSA)
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