Global Molten Salt Thermal Energy Storage Market 2012-2016
- ID: 2365938
- December 2012
- Region: Global
- 42 pages
TechNavio's analysts forecast the Global Molten Salt Thermal Energy Storage market to grow at a CAGR of 17.25 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in positive attributes of molten salt. The Global Molten Salt Thermal Energy Storage market has also been witnessing the increase in RandD initiatives. However, the decline in solar subsidy rates could pose a challenge to the growth of this market.
TechNavio's report, the Global Molten Salt Thermal Energy Storage Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Molten Salt Thermal Energy Storage market landscape and its growth prospects in the coming ears. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Abengoa Solar S.A., Areva S.A.S., General Electric (GE) Energy LLC., and Pratt and Whitney Rocketdyne Inc.
The other vendors mentioned in the report are Siemens Energy Inc., Acciona Solar Power Inc., Applied Materials Inc., Asahi Glass Co. Ltd., Battelle Energy Alliance LLC, BrightSource Energy Inc., Corning Inc., Directed Vapor Technologies International Inc., DuPont E.I., Hitachi Ltd, and SCHOTT AG.
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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01. Executive Summary
03. Market Coverage
04. Market Landscape
04.1 Molten Salt Thermal Energy Storage Technology
04.2 Market Size and Forecast
04.3 Concentrated Solar Power Thermal Energy Storage Installation by Types
04.4 Five Forces Analysis
05. Geographical Segmentation
06. Key Leading Countries
06.1 Country Segmentation
07. Vendor Landscape
08. Buying Criteria
09. Market Growth Drivers
Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
13.1 Pratt and Whitney Rocketdyne Inc.
13.2 Abengoa Solar S.A.
13.3 Areva TandD S.A.S.
13.4 General Electric (GE) Energy LLC
14. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Molten Salt Thermal Energy Storage Market 2012-2016 (US$ million)
Exhibit 2: Concentrated Solar Power Thermal Energy Storage Installation by Type 2012 (MWh)
Exhibit 3: Global Molten Salt Thermal Energy Storage Market by Geographical Segmentation 2012 (MWh)
Exhibit 4: Global Molten Salt TES Market by Country Segmentation 2012
Exhibit 5: Global Molten Salt TES Market by Vendor Segmentation 2012
Exhibit 6: Advantages of Using Molten Salt for Thermal Energy Storage
Exhibit 7: Research Initiatives on Molten Salt Thermal Energy Storage
Exhibit 8: Advantages of Using Molten Salt for Thermal Energy Storage
Exhibit 9: Pratt and Whitney Rocketdyne Inc. Operating Segments
Exhibit 10: Abengoa Solar S.A. Business Segments
TechNavio Announces the Publication of its Research Report - Global Molten Salt Thermal Energy Storage Market 2012-2016
TechNavio today launched its report, Global Molten Salt Thermal Energy Storage Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio's Clean Tech team said: ''The increased RandD activities in the Renewable Energy sector constitute another major prevailing trend in the Global Molten Salt Thermal Energy Storage (TES) market. There are various favorable policies and procedures that exist for boosting the Solar sector. For instance, the Federal Environment Ministry (FEM) in the US has plans to increase investment in research related to renewable energies; a massive amount was kept aside for RandD in the Renewable sector in 2011, part of which was diverted for RandD in the Global Molten Salt TES market.''
According to the report, the increase in the positive attributes of molten salt is one of the major factors that drives the growth of the market. The positive attributes of molten salt have increased as a result of RandD activities in the market. One of the most important qualities of molten salt energy TES is that it has operating temperatures compatible with high-pressure and high-temperature steam turbines.
Further, the report reveals that one of the major challenges confronting this market is the decline in solar subsidy rates.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Abengoa Solar, Areva, General Electric (GE) Energy, Pratt & Whitney Rocketdyne, Siemens Energy, Acciona Solar Power, Applied Materials, Asahi Glass, Battelle Energy Alliance LLC, BrightSource Energy, Corning, Directed Vapor Technologies International, DuPont, Hitachi, SCHOTT