Global Chilled Water Storage System Market Growth 2023-2029

Global Chilled Water Storage System Market Growth 2023-2029

The Chilled Water Storage System utilizes only the sensible heat of water for cooling energy storage in a chilled water storage tank and discharges the stored coldness for air-conditioning during the on-peak time.
LPI (LP Information)' newest research report, the “Chilled Water Storage System Industry Forecast” looks at past sales and reviews total world Chilled Water Storage System sales in 2022, providing a comprehensive analysis by region and market sector of projected Chilled Water Storage System sales for 2023 through 2029. With Chilled Water Storage System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chilled Water Storage System industry.
This Insight Report provides a comprehensive analysis of the global Chilled Water Storage System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chilled Water Storage System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chilled Water Storage System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chilled Water Storage System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chilled Water Storage System.
The global Chilled Water Storage System market size is projected to grow from US$ 140.5 million in 2022 to US$ 227.9 million in 2029; it is expected to grow at a CAGR of 227.9 from 2023 to 2029.
For the major players of Chilled Water Storage System, DN Tanks maintained its first place in the ranking in 2019, followed by Preload, Taikisha, McDermott and Guangdong Tengyuan. The Top 5 players accounted for 49.72% of the global Chilled Water Storage System revenue market share in 2019.
In this study, the sales market for Chilled Water Storage System was divided into four geographic regions. Americas occupied the largest sales market share with 34.86% in 2019. It is followed by Asia-Pacific and Europe, while other regions have smaller market.
Production areas mainly include North America, Europe, China, Japan and South Korea.
On the basis of product type, Stratified Storage Tanks segment is projected to account for the largest revenue market share during the forecast period; this segment was estimated to account for 57.63% share in 2019 in terms of value.
In the applications, Utilities segment was estimated to account for the highest sales market share of 43.93% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Chilled Water Storage System market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Multiple Tanks
Stratified Storage Tanks
Others
Segmentation by application
Industrial
Residential and Commercial
Utilities
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DN Tanks
Preload
Taikisha
McDermott
Guangdong Tengyuan
Araner
Guangdong Yishun
LIME
Guangshun Electromechanical
Pacific Tank
API Energy
MMI

Key Questions Addressed in this Report
What is the 10-year outlook for the global Chilled Water Storage System market?
What factors are driving Chilled Water Storage System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chilled Water Storage System market opportunities vary by end market size?
How does Chilled Water Storage System break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.