Molten Salt Thermal Energy Storage Market

Concentrated Solar Power (CSP) (also called concentrating solar power, concentrated solar thermal, and CSP) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight, or solar thermal energy, onto a small area. Electricity is generated when the concentrated light is converted to heat, which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction.

Molten Salt Thermal Energy Storage Market contains market size and forecasts of Molten Salt Thermal Energy Storage (TES) in global, including the following market information:

Global Molten Salt Thermal Energy Storage (TES) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Molten Salt Thermal Energy Storage (TES) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Molten Salt Thermal Energy Storage (TES) companies in 2021 (%)

The global Molten Salt Thermal Energy Storage (TES) market was valued at 757.5 million in 2021 and is projected to reach US$ 1826.9 million by 2028, at a CAGR of 13.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Tower-type Solar Power Tower System Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Molten Salt Thermal Energy Storage (TES) include BrightSource Energy, Abengoa, Orano, Acciona, ESolar, SolarReserve, Wilson Solarpower, Novatec and Shams Power, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Molten Salt Thermal Energy Storage (TES) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Molten Salt Thermal Energy Storage (TES) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Molten Salt Thermal Energy Storage (TES) Market Segment Percentages, by Type, 2021 (%)

Tower-type Solar Power Tower System

Dish Concentrating Solar Power Systems

Others

Global Molten Salt Thermal Energy Storage (TES) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Molten Salt Thermal Energy Storage (TES) Market Segment Percentages, by Application, 2021 (%)

CSP System

Generate Electricity

Industrial Heating

Others

Global Molten Salt Thermal Energy Storage (TES) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Molten Salt Thermal Energy Storage (TES) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Molten Salt Thermal Energy Storage (TES) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Molten Salt Thermal Energy Storage (TES) revenues share in global market, 2021 (%)

Key companies Molten Salt Thermal Energy Storage (TES) sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Molten Salt Thermal Energy Storage (TES) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

BrightSource Energy

Abengoa

Orano

Acciona

ESolar

SolarReserve

Wilson Solarpower

Novatec

Shams Power

ACWA

SUPCON

Thai Solar Energy

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