Thermal Energy Storage Market Size, Share, Leading Players, and Analysis up to 2028 The global thermal energy storage market is estimated to grow from USD 269.06 million in 2022 to USD 608.27 million in 2028 at an impressive CAGR of 14.56% during the forecast period. Thermal energy storage refers to one form of energy storage. In this, a material gathers energy when increasing its temperature, and loses it while decreasing. Utilizing the advantage of this property makes it possible to use different materials with different thermal properties and achieve various results which can lead to different thermal energy storage applications (e.g., heating and cooling). Read more: https://www.stratviewresearch.com/1946/thermal-energy-storage-market.html