Energy storage is a key technology in facilitating renewable energy market penetration and battery energy storage systems have seen considerable investment for this purpose. Large battery installations such as energy storage systems and uninterruptible power supplies can generate substantial heat in operation, and thermal management is necessary in the system.
The global Energy Storage Thermal Management market is projected to reach US$ 702.2 million in 2029, increasing from US$ 406 million in 2022, with the CAGR of 8.9% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Energy Storage Thermal Management market research.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world's largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU's dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 47% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Energy Storage Thermal Management market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ITB Group
CIC energiGUNE
Trane
Hotstart
Viking Cold Solutions
ADA Technologies
Rovilus
Carrar
Yotta Energy
Envicool
Zhejiang Sanhua
Aotecar
Segment by Type
Air Cooling
Liquid Cooling
Segment by Application
Electrical and Electronics
New Energy Vehicles
Communication Base Station
Data Center
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Energy Storage Thermal Management report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Âé¶¹Ô´´ Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Âé¶¹Ô´´ Conclusions
Chapter 13: Research Methodology and Data Source
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1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Energy Storage Thermal Management Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Air Cooling
1.2.3 Liquid Cooling
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Energy Storage Thermal Management Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Electrical and Electronics
1.3.3 New Energy Vehicles
1.3.4 Communication Base Station
1.3.5 Data Center
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Energy Storage Thermal Management Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Energy Storage Thermal Management Growth Trends by Region
2.2.1 Global Energy Storage Thermal Management Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Energy Storage Thermal Management Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Energy Storage Thermal Management Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Energy Storage Thermal Management Âé¶¹Ô´´ Dynamics
2.3.1 Energy Storage Thermal Management Industry Trends
2.3.2 Energy Storage Thermal Management Âé¶¹Ô´´ Drivers
2.3.3 Energy Storage Thermal Management Âé¶¹Ô´´ Challenges
2.3.4 Energy Storage Thermal Management Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Energy Storage Thermal Management Players by Revenue
3.1.1 Global Top Energy Storage Thermal Management Players by Revenue (2018-2023)
3.1.2 Global Energy Storage Thermal Management Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Energy Storage Thermal Management Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Energy Storage Thermal Management Revenue
3.4 Global Energy Storage Thermal Management Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Energy Storage Thermal Management Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Energy Storage Thermal Management Revenue in 2022
3.5 Energy Storage Thermal Management Key Players Head office and Area Served
3.6 Key Players Energy Storage Thermal Management Product Solution and Service
3.7 Date of Enter into Energy Storage Thermal Management Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Energy Storage Thermal Management Breakdown Data by Type
4.1 Global Energy Storage Thermal Management Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Energy Storage Thermal Management Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Energy Storage Thermal Management Breakdown Data by Application
5.1 Global Energy Storage Thermal Management Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Energy Storage Thermal Management Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Energy Storage Thermal Management Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Energy Storage Thermal Management Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Energy Storage Thermal Management Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Energy Storage Thermal Management Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Energy Storage Thermal Management Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Energy Storage Thermal Management Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Energy Storage Thermal Management Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Energy Storage Thermal Management Âé¶¹Ô´´ Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Energy Storage Thermal Management Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Energy Storage Thermal Management Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Energy Storage Thermal Management Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Energy Storage Thermal Management Âé¶¹Ô´´ Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Energy Storage Thermal Management Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Energy Storage Thermal Management Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Energy Storage Thermal Management Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Energy Storage Thermal Management Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Energy Storage Thermal Management Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Energy Storage Thermal Management Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Energy Storage Thermal Management Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Energy Storage Thermal Management Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ITB Group
11.1.1 ITB Group Company Detail
11.1.2 ITB Group Business Overview
11.1.3 ITB Group Energy Storage Thermal Management Introduction
11.1.4 ITB Group Revenue in Energy Storage Thermal Management Business (2018-2023)
11.1.5 ITB Group Recent Development
11.2 CIC energiGUNE
11.2.1 CIC energiGUNE Company Detail
11.2.2 CIC energiGUNE Business Overview
11.2.3 CIC energiGUNE Energy Storage Thermal Management Introduction
11.2.4 CIC energiGUNE Revenue in Energy Storage Thermal Management Business (2018-2023)
11.2.5 CIC energiGUNE Recent Development
11.3 Trane
11.3.1 Trane Company Detail
11.3.2 Trane Business Overview
11.3.3 Trane Energy Storage Thermal Management Introduction
11.3.4 Trane Revenue in Energy Storage Thermal Management Business (2018-2023)
11.3.5 Trane Recent Development
11.4 Hotstart
11.4.1 Hotstart Company Detail
11.4.2 Hotstart Business Overview
11.4.3 Hotstart Energy Storage Thermal Management Introduction
11.4.4 Hotstart Revenue in Energy Storage Thermal Management Business (2018-2023)
11.4.5 Hotstart Recent Development
11.5 Viking Cold Solutions
11.5.1 Viking Cold Solutions Company Detail
11.5.2 Viking Cold Solutions Business Overview
11.5.3 Viking Cold Solutions Energy Storage Thermal Management Introduction
11.5.4 Viking Cold Solutions Revenue in Energy Storage Thermal Management Business (2018-2023)
11.5.5 Viking Cold Solutions Recent Development
11.6 ADA Technologies
11.6.1 ADA Technologies Company Detail
11.6.2 ADA Technologies Business Overview
11.6.3 ADA Technologies Energy Storage Thermal Management Introduction
11.6.4 ADA Technologies Revenue in Energy Storage Thermal Management Business (2018-2023)
11.6.5 ADA Technologies Recent Development
11.7 Rovilus
11.7.1 Rovilus Company Detail
11.7.2 Rovilus Business Overview
11.7.3 Rovilus Energy Storage Thermal Management Introduction
11.7.4 Rovilus Revenue in Energy Storage Thermal Management Business (2018-2023)
11.7.5 Rovilus Recent Development
11.8 Carrar
11.8.1 Carrar Company Detail
11.8.2 Carrar Business Overview
11.8.3 Carrar Energy Storage Thermal Management Introduction
11.8.4 Carrar Revenue in Energy Storage Thermal Management Business (2018-2023)
11.8.5 Carrar Recent Development
11.9 Yotta Energy
11.9.1 Yotta Energy Company Detail
11.9.2 Yotta Energy Business Overview
11.9.3 Yotta Energy Energy Storage Thermal Management Introduction
11.9.4 Yotta Energy Revenue in Energy Storage Thermal Management Business (2018-2023)
11.9.5 Yotta Energy Recent Development
11.10 Envicool
11.10.1 Envicool Company Detail
11.10.2 Envicool Business Overview
11.10.3 Envicool Energy Storage Thermal Management Introduction
11.10.4 Envicool Revenue in Energy Storage Thermal Management Business (2018-2023)
11.10.5 Envicool Recent Development
11.11 Zhejiang Sanhua
11.11.1 Zhejiang Sanhua Company Detail
11.11.2 Zhejiang Sanhua Business Overview
11.11.3 Zhejiang Sanhua Energy Storage Thermal Management Introduction
11.11.4 Zhejiang Sanhua Revenue in Energy Storage Thermal Management Business (2018-2023)
11.11.5 Zhejiang Sanhua Recent Development
11.12 Aotecar
11.12.1 Aotecar Company Detail
11.12.2 Aotecar Business Overview
11.12.3 Aotecar Energy Storage Thermal Management Introduction
11.12.4 Aotecar Revenue in Energy Storage Thermal Management Business (2018-2023)
11.12.5 Aotecar Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ITB Group
CIC energiGUNE
Trane
Hotstart
Viking Cold Solutions
ADA Technologies
Rovilus
Carrar
Yotta Energy
Envicool
Zhejiang Sanhua
Aotecar
Ìý
Ìý
*If Applicable.