France Thermal Energy Storage Market Size & Outlook

The thermal energy storage market in France is expected to reach a projected revenue of US$ 796.0 million by 2030. A compound annual growth rate of 13.7% is expected of France thermal energy storage market from 2024 to 2030.
Revenue, 2023 (US$M)
$324.4
Forecast, 2030 (US$M)
$796.0
CAGR, 2024 - 2030
13.7%
Report Coverage
France

France thermal energy storage market highlights

  • The France thermal energy storage market generated a revenue of USD 324.4 million in 2023 and is expected to reach USD 796.0 million by 2030.
  • The France market is expected to grow at a CAGR of 13.7% from 2024 to 2030.
  • In terms of segment, industrial was the largest revenue generating application in 2023.
  • Commercial is the most lucrative application segment registering the fastest growth during the forecast period.


Thermal energy storage market data book summary

Market revenue in 2023USD 324.4 million
Market revenue in 2030USD 796.0 million
Growth rate13.7% (CAGR from 2023 to 2030)
Largest segmentIndustrial
Fastest growing segmentCommercial
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResidential, Commercial, Industrial
Key market players worldwideAmsted Industries, BrightSource Energy, Abengoa, Terrafore Technologies, Ice Energy, Caldwell Energy Company, Cryogel, Steffes Corporation


Other key industry trends

  • In terms of revenue, France accounted for 6.5% of the global thermal energy storage market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK thermal energy storage market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 796.0 million by 2030.

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Thermal Energy Storage Market Scope

Thermal Energy Storage Market Companies

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France thermal energy storage market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thermal energy storage market will help companies and investors design strategic landscapes.


Industrial was the largest segment with a revenue share of 34.31% in 2023. Horizon Databook has segmented the France thermal energy storage market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the France thermal energy storage market , including forecasts for subscribers. This country databook contains high-level insights into France thermal energy storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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France thermal energy storage market size, by application, 2018-2030 (US$M)

France Thermal Energy Storage Market Outlook Share, 2023 & 2030 (US$M)

France thermal energy storage market size, by application, 2018-2030 (US$M)

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