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, 2026-2034

Last Updated: January 19, 2026 | Format: PDF | Report ID: FBI100748

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Table of Content

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions & Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends – For Major Countries
2. Latest Technological Advancements
3. Insight on Regulatory Landscape
4. Porters Five Forces Analysis
5. Impact of Tariffs on the Thermal Energy Storage Market
Global Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East and Africa
North America Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. U.S. Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. Canada Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Europe Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. Poland Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. Germany Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  3. United Kingdom Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  4. France Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  5. Denmark Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  6. Finland Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  7. Czech Republic Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  8. Rest of Europe Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Asia Pacific Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. China Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. India Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  3. Japan Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  4. South Korea Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  5. Rest of Asia-Pacific Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Latin America Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. Brazil Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. Mexico Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  3. Argentina Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  4. Rest of Latin America Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Middle East and Africa Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. GCC Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. Egypt Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  3. Rest of Middle East and Africa Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Competitive Analysis
1. Company Market Share Analysis, 2025
2. Company Profile
  1. ABENGOA
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
*Similar data will be provided for the below listed companies
1. Man Energy Solutions
  1. Analog Devices
  2. Caldwell Energy
  3. Evapco
  4. Calmac
  5. Dunham Bush
  6. Baltimore Aircoil Company
  7. Burns and McDonnell
  8. Cristopia Energy
  9. Lime Micromobility
  10. FAFCO
  11. MCDermott
  12. Vogtice
  13. Steffes Corporation

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions & Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends – For Major Countries
2. Latest Technological Advancements
3. Insight on Regulatory Landscape
4. Porters Five Forces Analysis
5. Impact of Tariffs on the Thermal Energy Storage Market
Global Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East and Africa
North America Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. U.S. Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. Canada Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Europe Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. Poland Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. Germany Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  3. United Kingdom Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  4. France Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  5. Denmark Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  6. Finland Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  7. Czech Republic Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  8. Rest of Europe Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Asia Pacific Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. China Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. India Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  3. Japan Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  4. South Korea Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  5. Rest of Asia-Pacific Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Latin America Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. Brazil Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. Mexico Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  3. Argentina Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  4. Rest of Latin America Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Middle East and Africa Thermal Energy Storage Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Technology
  1. Sensible Heat
  2. Latent Heat
  3. Thermochemical
3. Market Analysis, Insights, and Forecast – By Material
  1. Water
  2. Molten Salt
  3. Phase Change Materials (PCM)
  4. Others
4. Market Analysis, Insights, and Forecast – By Application
  1. District Heating and Cooling Systems
  2. Process Heating and Cooling
  3. Power Generation
5. Market Analysis, Insights, and Forecast – By End-User
  1. Residential
  2. Commercial
  3. Industrial
6. Market Analysis, Insights, and Forecast – By Country
  1. GCC Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  2. Egypt Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
  3. Rest of Middle East and Africa Market Analysis, Insights, and Forecast – By End-User
    1. Residential
    2. Commercial
    3. Industrial
Competitive Analysis
1. Company Market Share Analysis, 2025
2. Company Profile
  1. ABENGOA
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
*Similar data will be provided for the below listed companies
1. Man Energy Solutions
  1. Analog Devices
  2. Caldwell Energy
  3. Evapco
  4. Calmac
  5. Dunham Bush
  6. Baltimore Aircoil Company
  7. Burns and McDonnell
  8. Cristopia Energy
  9. Lime Micromobility
  10. FAFCO
  11. MCDermott
  12. Vogtice
  13. Steffes Corporation

Read Less

List of Figures

Figure 1: Global Thermal Energy Storage Market Revenue Breakdown (USD Billion, %) by Region, 2025 & 2034

Figure 2: Global Thermal Energy Storage Market Value Share (%), By Technology, 2025 & 2034

Figure 3: Global Thermal Energy Storage Market Forecast (USD Billion), by Sensible Heat, 2021-2034

Figure 4: Global Thermal Energy Storage Market Forecast (USD Billion), by Latent Heat, 2021-2034

Figure 5: Global Thermal Energy Storage Market Forecast (USD Billion), by Thermochemical, 2021-2034

Figure 6: Global Thermal Energy Storage Market Value Share (%), By Material, 2025 & 2034

Figure 7: Global Thermal Energy Storage Market Forecast (USD Billion), by Water, 2021-2034

Figure 8: Global Thermal Energy Storage Market Forecast (USD Billion), by Molten Salt, 2021-2034

Figure 9: Global Thermal Energy Storage Market Forecast (USD Billion), by Phase Change Materials (PCM), 2021-2034

Figure 10: Global Thermal Energy Storage Market Forecast (USD Billion), by Others, 2021-2034

Figure 11: Global Thermal Energy Storage Market Value Share (%), By Application, 2025 & 2034

Figure 12: Global Thermal Energy Storage Market Forecast (USD Billion), by District Heating and Cooling Systems, 2021-2034

Figure 13: Global Thermal Energy Storage Market Forecast (USD Billion), by Process Heating and Cooling, 2021-2034

Figure 14: Global Thermal Energy Storage Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 15: Global Thermal Energy Storage Market Value Share (%), By End-User, 2025 & 2034

Figure 16: Global Thermal Energy Storage Market Forecast (USD Billion), by Residential, 2021-2034

Figure 17: Global Thermal Energy Storage Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 18: Global Thermal Energy Storage Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 19: Global Thermal Energy Storage Market Value (USD Billion), by Region, 2025 & 2034

Figure 20: Global Thermal Energy Storage Market Value Share (%), by Region, 2025

Figure 21: North America Thermal Energy Storage Market Value Share (%), By Technology, 2025 & 2034

Figure 22: North America Thermal Energy Storage Market Forecast (USD Billion), by Sensible Heat, 2021-2034

Figure 23: North America Thermal Energy Storage Market Forecast (USD Billion), by Latent Heat, 2021-2034

Figure 24: North America Thermal Energy Storage Market Forecast (USD Billion), by Thermochemical, 2021-2034

Figure 25: North America Thermal Energy Storage Market Value Share (%), By Material, 2025 & 2034

Figure 26: North America Thermal Energy Storage Market Forecast (USD Billion), by Water, 2021-2034

Figure 27: North America Thermal Energy Storage Market Forecast (USD Billion), by Molten Salt, 2021-2034

Figure 28: North America Thermal Energy Storage Market Forecast (USD Billion), by Phase Change Materials (PCM), 2021-2034

Figure 29: North America Thermal Energy Storage Market Forecast (USD Billion), by Others, 2021-2034

Figure 30: North America Thermal Energy Storage Market Value Share (%), By Application, 2025 & 2034

Figure 31: North America Thermal Energy Storage Market Forecast (USD Billion), by District Heating and Cooling Systems, 2021-2034

Figure 32: North America Thermal Energy Storage Market Forecast (USD Billion), by Process Heating and Cooling, 2021-2034

Figure 33: North America Thermal Energy Storage Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 34: North America Thermal Energy Storage Market Value Share (%), By End-User, 2025 & 2034

Figure 35: North America Thermal Energy Storage Market Forecast (USD Billion), by Residential, 2021-2034

Figure 36: North America Thermal Energy Storage Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 37: North America Thermal Energy Storage Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 38: North America Thermal Energy Storage Market Value (USD Billion), by Country, 2025 & 2034

Figure 39: North America Thermal Energy Storage Market Value Share (%), by Country, 2025

Figure 40: Europe Thermal Energy Storage Market Value Share (%), By Technology, 2025 & 2034

Figure 41: Europe Thermal Energy Storage Market Forecast (USD Billion), by Sensible Heat, 2021-2034

Figure 42: Europe Thermal Energy Storage Market Forecast (USD Billion), by Latent Heat, 2021-2034

Figure 43: Europe Thermal Energy Storage Market Forecast (USD Billion), by Thermochemical, 2021-2034

Figure 44: Europe Thermal Energy Storage Market Value Share (%), By Material, 2025 & 2034

Figure 45: Europe Thermal Energy Storage Market Forecast (USD Billion), by Water, 2021-2034

Figure 46: Europe Thermal Energy Storage Market Forecast (USD Billion), by Molten Salt, 2021-2034

Figure 47: Europe Thermal Energy Storage Market Forecast (USD Billion), by Phase Change Materials (PCM), 2021-2034

Figure 48: Europe Thermal Energy Storage Market Forecast (USD Billion), by Others, 2021-2034

Figure 49: Europe Thermal Energy Storage Market Value Share (%), By Application, 2025 & 2034

Figure 50: Europe Thermal Energy Storage Market Forecast (USD Billion), by District Heating and Cooling Systems, 2021-2034

Figure 51: Europe Thermal Energy Storage Market Forecast (USD Billion), by Process Heating and Cooling, 2021-2034

Figure 52: Europe Thermal Energy Storage Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 53: Europe Thermal Energy Storage Market Value Share (%), By End-User, 2025 & 2034

Figure 54: Europe Thermal Energy Storage Market Forecast (USD Billion), by Residential, 2021-2034

Figure 55: Europe Thermal Energy Storage Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 56: Europe Thermal Energy Storage Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 57: Europe Thermal Energy Storage Market Value (USD Billion), by Country, 2025 & 2034

Figure 58: Europe Thermal Energy Storage Market Value Share (%), by Country, 2025

Figure 59: Asia Pacific Thermal Energy Storage Market Value Share (%), By Technology, 2025 & 2034

Figure 60: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Sensible Heat, 2021-2034

Figure 61: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Latent Heat, 2021-2034

Figure 62: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Thermochemical, 2021-2034

Figure 63: Asia Pacific Thermal Energy Storage Market Value Share (%), By Material, 2025 & 2034

Figure 64: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Water, 2021-2034

Figure 65: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Molten Salt, 2021-2034

Figure 66: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Phase Change Materials (PCM), 2021-2034

Figure 67: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Others, 2021-2034

Figure 68: Asia Pacific Thermal Energy Storage Market Value Share (%), By Application, 2025 & 2034

Figure 69: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by District Heating and Cooling Systems, 2021-2034

Figure 70: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Process Heating and Cooling, 2021-2034

Figure 71: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 72: Asia Pacific Thermal Energy Storage Market Value Share (%), By End-User, 2025 & 2034

Figure 73: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Residential, 2021-2034

Figure 74: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 75: Asia Pacific Thermal Energy Storage Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 76: Asia Pacific Thermal Energy Storage Market Value (USD Billion), by Country, 2025 & 2034

Figure 77: Asia Pacific Thermal Energy Storage Market Value Share (%), by Country, 2025

Figure 78: Latin America Thermal Energy Storage Market Value Share (%), By Technology, 2025 & 2034

Figure 79: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Sensible Heat, 2021-2034

Figure 80: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Latent Heat, 2021-2034

Figure 81: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Thermochemical, 2021-2034

Figure 82: Latin America Thermal Energy Storage Market Value Share (%), By Material, 2025 & 2034

Figure 83: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Water, 2021-2034

Figure 84: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Molten Salt, 2021-2034

Figure 85: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Phase Change Materials (PCM), 2021-2034

Figure 86: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Others, 2021-2034

Figure 87: Latin America Thermal Energy Storage Market Value Share (%), By Application, 2025 & 2034

Figure 88: Latin America Thermal Energy Storage Market Forecast (USD Billion), by District Heating and Cooling Systems, 2021-2034

Figure 89: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Process Heating and Cooling, 2021-2034

Figure 90: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 91: Latin America Thermal Energy Storage Market Value Share (%), By End-User, 2025 & 2034

Figure 92: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Residential, 2021-2034

Figure 93: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 94: Latin America Thermal Energy Storage Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 95: Latin America Thermal Energy Storage Market Value (USD Billion), by Country, 2025 & 2034

Figure 96: Latin America Thermal Energy Storage Market Value Share (%), by Country, 2025

Figure 97: Middle East and Africa Thermal Energy Storage Market Value Share (%), By Technology, 2025 & 2034

Figure 98: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Sensible Heat, 2021-2034

Figure 99: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Latent Heat, 2021-2034

Figure 100: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Thermochemical, 2021-2034

Figure 101: Middle East and Africa Thermal Energy Storage Market Value Share (%), By Material, 2025 & 2034

Figure 102: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Water, 2021-2034

Figure 103: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Molten Salt, 2021-2034

Figure 104: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Phase Change Materials (PCM), 2021-2034

Figure 105: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Others, 2021-2034

Figure 106: Middle East and Africa Thermal Energy Storage Market Value Share (%), By Application, 2025 & 2034

Figure 107: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by District Heating and Cooling Systems, 2021-2034

Figure 108: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Process Heating and Cooling, 2021-2034

Figure 109: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Power Generation, 2021-2034

Figure 110: Middle East and Africa Thermal Energy Storage Market Value Share (%), By End-User, 2025 & 2034

Figure 111: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Residential, 2021-2034

Figure 112: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 113: Middle East and Africa Thermal Energy Storage Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 114: Middle East and Africa Thermal Energy Storage Market Value (USD Billion), by Country, 2025 & 2034

Figure 115: Middle East and Africa Thermal Energy Storage Market Value Share (%), by Country, 2025

Figure 116: Company Market Share Analysis (%), 2025

List of Tables

Table 1: Global Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 2: Global Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Material, 2021-2034

Table 3: Global Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 4: Global Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 5: Global Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Region, 2021-2034

Table 6: North America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 7: North America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Material, 2021-2034

Table 8: North America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 9: North America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 10: North America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Country, 2021-2034

Table 11: U.S. Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 12: Canada Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 13: Europe Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 14: Europe Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Material, 2021-2034

Table 15: Europe Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 16: Europe Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 17: Europe Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Country, 2021-2034

Table 18: Poland Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 19: Germany Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 20: United Kingdom Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 21: France Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 22: Denmark Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 23: Finland Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 24: Czech Republic Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 25: Rest of Europe Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 26: Asia Pacific Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 27: Asia Pacific Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Material, 2021-2034

Table 28: Asia Pacific Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 29: Asia Pacific Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 30: Asia Pacific Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Country, 2021-2034

Table 31: China Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 32: India Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 33: Japan Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 34: South Korea Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 35: Rest of Asia Pacific Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 36: Latin America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 37: Latin America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Material, 2021-2034

Table 38: Latin America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 39: Latin America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 40: Latin America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Country, 2021-2034

Table 41: Brazil Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 42: Mexico Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 43: Argentina Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 44: Rest of Latin America Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 45: Middle East and Africa Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Technology, 2021-2034

Table 46: Middle East and Africa Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Material, 2021-2034

Table 47: Middle East and Africa Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Application, 2021-2034

Table 48: Middle East and Africa Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 49: Middle East and Africa Thermal Energy Storage Market Revenue (USD Billion) Forecast, By Country, 2021-2034

Table 50: GCC Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 51: Egypt Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

Table 52: Rest of Middle East and Africa Thermal Energy Storage Market Revenue (USD Billion) Forecast, By End-User, 2021-2034

STUDY PERIOD: 2021-2034
BASE YEAR: 2025
HISTORICAL DATA: 2021-2024
NO OF PAGES: 217

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