Thermal Energy Storage Market Size, Share & Industry Analysis by Technology (Sensible Heat, Latent Heat, and Thermochemical), By Material (Water, Molten Salt, Phase Change Materials (PCM), and Others), By Application (District Heating and Cooling Systems, Process Heating and Cooling, and Power Generation), By End-User (Residential, Commercial, and Industrial), and Regional Forecast, 2025-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI100748

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ATTRIBUTE	DETAILS
Study Period	2019-2032
Base Year	2024
Estimated Year	2025
Forecast Period	2025-2032
Historical Period	2019-2023
Growth Rate	CAGR of 4.62% from 2025 to 2032
Unit	Value (USD Billion)
Segmentation	By Technology · Sensible Heat · Latent Heat · Thermochemical
	By Material · Water · Molten Salt · Phase Change Materials (PCM) · Others
	By Application · District Heating and Cooling Systems · Process Heating and Cooling · Power Generation
	By End-User · Residential · Commercial · Industrial
	By Region North America (By Technology, By Material, By Application, By End-User, and By Country) U.S. (By End-User) Canada (By End-User) Europe (By Technology, By Material, By Application, By End-User, and By Country) Poland (By End-User) Germany (By End-User) U.K. (By End-User) France (By End-User) Denmark (By End-User) Finland (By End-User) Czech Republic (By End-User) Rest of Europe (By End-User) Asia Pacific (By Technology, By Material, By Application, By End-User, and By Country) China (By End-User) India (By End-User) Japan (By End-User) South Korea (By End-User) Rest of Asia Pacific (By End-User) Latin America (By Technology, By Material, By Application, By End-User, and By Country) Brazil (By End-User) Mexico (By End-User) Argentina (By End-User) Rest of Latin America (By End-User) Middle East and Africa (By Technology, By Material, By Application, By End-User, and By Country) GCC (By End-User) Egypt (By End-User) Rest of Middle East and Africa (By End-User)