The global Chilled Water Storage System market was valued at 153.25 Million USD in 2021 and will grow with a CAGR of 7.12% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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.

By Market Verdors:

DN Tanks

Preload

Taikisha

McDermott

Guangdong Tengyuan

Araner

Guangdong Yishun

LIME

Guangshun Electromechanical

Pacific Tank

API Energy

MMI

By Types:

Multiple Tanks

Stratified Storage Tanks

By Applications:

Industrial

Residential and Commercial

Utilities

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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