According to a market report by Lucintel, the future of the global thermal battery market looks promising with opportunities in the military, aeronautic, and home markets. The global thermal battery market is expected to grow with a CAGR of 12.6% from 2025 to 2031. The major drivers for this market are increase in demand for energy storage solutions, the rising focus on renewable energy adoption, and the growing need for long-duration energy storage.
A more
than 150-page report to understand trends, opportunity and forecast in global thermal
battery market to 2031 by type (encapsulated and unencapsulated), application
(military, aeronautic, and home), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, encapsulated is expected to witness
higher growth over the forecast period due to the increase in demand for
reliable energy storage.
Within the
application category, military is expected to witness the highest growth due to
the rising focus on energy independence.
Download
sample by clicking on thermal battery
market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period due to the growing investments in energy storage.
Trane,
CALMAC, EaglePicher, Sunamp, ASB Group, Diehl Energy Products, EnergyNest are
the major suppliers in the thermal
battery market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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