The global thermal energy storage market was estimated at 4.4 billion U.S. dollars in 2022. It was forecast to grow at a compound annual growth rate (CAGR) of 7.2 percent until 2030, reaching eight billion dollars that year.
Thermal energy storage market size worldwide from 2022 to 2030
(in billion U.S. dollars)
Characteristic
Market size in billion U.S. dollars
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* Estimate; ** Starting from this year, figures are forecasts
Supplementary notes
For the Statista estimate an exponential development of the values between 2022 and 2030 was assumed to estimate the annual values. The values for 2022 and 2030 were provided by the source.
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Research and Markets, & Statista. (January 15, 2023). Thermal energy storage market size worldwide from 2022 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 11, 2024, from https://www.statista.com/statistics/1304464/global-thermal-energy-storage-market-value/
Research and Markets, und Statista. "Thermal energy storage market size worldwide from 2022 to 2030 (in billion U.S. dollars)." Chart. January 15, 2023. Statista. Accessed September 11, 2024. https://www.statista.com/statistics/1304464/global-thermal-energy-storage-market-value/
Research and Markets, Statista. (2023). Thermal energy storage market size worldwide from 2022 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 11, 2024. https://www.statista.com/statistics/1304464/global-thermal-energy-storage-market-value/
Research and Markets, and Statista. "Thermal Energy Storage Market Size Worldwide from 2022 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Jan 2023, https://www.statista.com/statistics/1304464/global-thermal-energy-storage-market-value/
Research and Markets & Statista, Thermal energy storage market size worldwide from 2022 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1304464/global-thermal-energy-storage-market-value/ (last visited September 11, 2024)
Thermal energy storage market size worldwide from 2022 to 2030 (in billion U.S. dollars) [Graph], Research and Markets, & Statista, January 15, 2023. [Online]. Available: https://www.statista.com/statistics/1304464/global-thermal-energy-storage-market-value/
