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Report overview
The global Chilled Water Storage System market was valued at US$ 147.8 million in 2022 and is projected to reach US$ 231.2 million by 2029, at a CAGR of 6.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Chilled Water Storage System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chilled Water Storage System. This report contains market size and forecasts of Chilled Water Storage System in global, including the following market information:
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.
We surveyed the Chilled Water Storage System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Chilled Water Storage System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Gal)
Global Chilled Water Storage System Market Segment Percentages, by Type, 2022 (%)
Global Chilled Water Storage System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Gal)
Global Chilled Water Storage System Market Segment Percentages, by Application, 2022 (%)
Global Chilled Water Storage System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Gal)
Global Chilled Water Storage System Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Chilled Water Storage System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Chilled Water Storage System revenues share in global market, 2022 (%)
Key companies Chilled Water Storage System sales in global market, 2018-2023 (Estimated), (M Gal)
Key companies Chilled Water Storage System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: