The global Molten Salt Thermal Energy Storage System market projected to hit US$ 719 million in 2025 to US$ 1194 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031.

Global Molten Salt Thermal Energy Storage System Market Trends and Analysis 2025-31

The global Molten Salt Thermal Energy Storage System market size is predicted to grow from US$ 719 million in 2025 to US$ 1194 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031. Molten salt thermal energy storage system refers to an energy storage technology by storing heat in the form of sensible heat in molten salt that is liquid at high temperatures. These molten salts are able to remain liquid over a relatively wide temperature range and have high specific heat capacity and thermal stability, making them ideal thermal energy storage media. When energy needs to be released, heat from the molten salt can be transferred to a working fluid (such as water or heat transfer oil) via a heat exchanger to generate steam to drive a turbine generator for power generation or other applications. United States market for Molten Salt Thermal Energy Storage System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031. China market for Molten Salt Thermal Energy Storage System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031. Europe market for Molten Salt Thermal Energy Storage System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031. Global key Molten Salt Thermal Energy Storage System players cover MAN Energy Solutions, RPow, Grupo Cox, Kyoto Group AS, Acciona, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024. LPI (LP Information) newest research report, the Molten Salt Thermal Energy Storage System Industry Forecast looks at past sales and reviews total world Molten Salt Thermal Energy Storage System sales in 2024, providing a comprehensive analysis by region and market sector of projected Molten Salt Thermal Energy Storage System sales for 2025 through 2031. With Molten Salt Thermal Energy Storage System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Molten Salt Thermal Energy Storage System industry. This Insight Report provides a comprehensive analysis of the global Molten Salt Thermal Energy Storage System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Molten Salt Thermal Energy Storage System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Molten Salt Thermal Energy Storage System market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Molten Salt Thermal Energy Storage System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Molten Salt Thermal Energy Storage System. This report presents a comprehensive overview, market shares, and growth opportunities of Molten Salt Thermal Energy Storage System market by product type, application, key players and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; Direct Molten Salt System &nbsp;&nbsp;&nbsp; Indirect Molten Salt System Segmentation by Application: &nbsp;&nbsp;&nbsp; Commerial &nbsp;&nbsp;&nbsp; Industrial &nbsp;&nbsp;&nbsp; Others This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; MAN Energy Solutions &nbsp;&nbsp;&nbsp; RPow &nbsp;&nbsp;&nbsp; Grupo Cox &nbsp;&nbsp;&nbsp; Kyoto Group AS &nbsp;&nbsp;&nbsp; Acciona &nbsp;&nbsp;&nbsp; ACWA Power &nbsp;&nbsp;&nbsp; Malta &nbsp;&nbsp;&nbsp; Hyme Energy &nbsp;&nbsp;&nbsp; Huntkey GreVault &nbsp;&nbsp;&nbsp; National Energy Group &nbsp;&nbsp;&nbsp; China Anneng Construction &nbsp;&nbsp;&nbsp; Zhejian CosinSolar Technology &nbsp;&nbsp;&nbsp; Jiangsu Taiyangbao New Energy &nbsp;&nbsp;&nbsp; Anhui Zhongke Energy Storage Technology &nbsp;&nbsp;&nbsp; Beijing Shouhang High-tech Energy Technology &nbsp;&nbsp;&nbsp; Shanghai Electric

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global Molten Salt Thermal Energy Storage System Market Size (2020-2031) &nbsp;2.1.2 Molten Salt Thermal Energy Storage System Market Size CAGR by Region (2020 VS 2024 VS 2031) &nbsp;2.1.3 World Current & Future Analysis for Molten Salt Thermal Energy Storage System by Country/Region (2020, 2024 & 2031) &nbsp;2.2 Molten Salt Thermal Energy Storage System Segment by Type &nbsp;2.2.1 Direct Molten Salt System &nbsp;2.2.2 Indirect Molten Salt System &nbsp;2.3 Molten Salt Thermal Energy Storage System Market Size by Type &nbsp;2.3.1 Molten Salt Thermal Energy Storage System Market Size CAGR by Type (2020 VS 2024 VS 2031) &nbsp;2.3.2 Global Molten Salt Thermal Energy Storage System Market Size Market Share by Type (2020-2025) &nbsp;2.4 Molten Salt Thermal Energy Storage System Segment by Application &nbsp;2.4.1 Commerial &nbsp;2.4.2 Industrial &nbsp;2.4.3 Others &nbsp;2.5 Molten Salt Thermal Energy Storage System Market Size by Application &nbsp;2.5.1 Molten Salt Thermal Energy Storage System Market Size CAGR by Application (2020 VS 2024 VS 2031) &nbsp;2.5.2 Global Molten Salt Thermal Energy Storage System Market Size Market Share by Application (2020-2025) 3 Molten Salt Thermal Energy Storage System Market Size by Player &nbsp;3.1 Molten Salt Thermal Energy Storage System Market Size Market Share by Player &nbsp;3.1.1 Global Molten Salt Thermal Energy Storage System Revenue by Player (2020-2025) &nbsp;3.1.2 Global Molten Salt Thermal Energy Storage System Revenue Market Share by Player (2020-2025) &nbsp;3.2 Global Molten Salt Thermal Energy Storage System Key Players Head office and Products Offered &nbsp;3.3 Market Concentration Rate Analysis &nbsp;3.3.1 Competition Landscape Analysis &nbsp;3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) &nbsp;3.4 New Products and Potential Entrants &nbsp;3.5 Mergers & Acquisitions, Expansion 4 Molten Salt Thermal Energy Storage System by Region &nbsp;4.1 Molten Salt Thermal Energy Storage System Market Size by Region (2020-2025) &nbsp;4.2 Global Molten Salt Thermal Energy Storage System Annual Revenue by Country/Region (2020-2025) &nbsp;4.3 Americas Molten Salt Thermal Energy Storage System Market Size Growth (2020-2025) &nbsp;4.4 APAC Molten Salt Thermal Energy Storage System Market Size Growth (2020-2025) &nbsp;4.5 Europe Molten Salt Thermal Energy Storage System Market Size Growth (2020-2025) &nbsp;4.6 Middle East & Africa Molten Salt Thermal Energy Storage System Market Size Growth (2020-2025) 5 Americas &nbsp;5.1 Americas Molten Salt Thermal Energy Storage System Market Size by Country (2020-2025) &nbsp;5.2 Americas Molten Salt Thermal Energy Storage System Market Size by Type (2020-2025) &nbsp;5.3 Americas Molten Salt Thermal Energy Storage System Market Size by Application (2020-2025) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC Molten Salt Thermal Energy Storage System Market Size by Region (2020-2025) &nbsp;6.2 APAC Molten Salt Thermal Energy Storage System Market Size by Type (2020-2025) &nbsp;6.3 APAC Molten Salt Thermal Energy Storage System Market Size by Application (2020-2025) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia 7 Europe &nbsp;7.1 Europe Molten Salt Thermal Energy Storage System Market Size by Country (2020-2025) &nbsp;7.2 Europe Molten Salt Thermal Energy Storage System Market Size by Type (2020-2025) &nbsp;7.3 Europe Molten Salt Thermal Energy Storage System Market Size by Application (2020-2025) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa Molten Salt Thermal Energy Storage System by Region (2020-2025) &nbsp;8.2 Middle East & Africa Molten Salt Thermal Energy Storage System Market Size by Type (2020-2025) &nbsp;8.3 Middle East & Africa Molten Salt Thermal Energy Storage System Market Size by Application (2020-2025) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Global Molten Salt Thermal Energy Storage System Market Forecast &nbsp;10.1 Global Molten Salt Thermal Energy Storage System Forecast by Region (2026-2031) &nbsp;10.1.1 Global Molten Salt Thermal Energy Storage System Forecast by Region (2026-2031) &nbsp;10.1.2 Americas Molten Salt Thermal Energy Storage System Forecast &nbsp;10.1.3 APAC Molten Salt Thermal Energy Storage System Forecast &nbsp;10.1.4 Europe Molten Salt Thermal Energy Storage System Forecast &nbsp;10.1.5 Middle East & Africa Molten Salt Thermal Energy Storage System Forecast &nbsp;10.2 Americas Molten Salt Thermal Energy Storage System Forecast by Country (2026-2031) &nbsp;10.2.1 United States Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.2.2 Canada Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.2.3 Mexico Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.2.4 Brazil Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.3 APAC Molten Salt Thermal Energy Storage System Forecast by Region (2026-2031) &nbsp;10.3.1 China Molten Salt Thermal Energy Storage System Market Forecast &nbsp;10.3.2 Japan Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.3.3 Korea Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.3.4 Southeast Asia Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.3.5 India Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.3.6 Australia Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.4 Europe Molten Salt Thermal Energy Storage System Forecast by Country (2026-2031) &nbsp;10.4.1 Germany Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.4.2 France Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.4.3 UK Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.4.4 Italy Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.4.5 Russia Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.5 Middle East & Africa Molten Salt Thermal Energy Storage System Forecast by Region (2026-2031) &nbsp;10.5.1 Egypt Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.5.2 South Africa Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.5.3 Israel Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.5.4 Turkey Market Molten Salt Thermal Energy Storage System Forecast &nbsp;10.6 Global Molten Salt Thermal Energy Storage System Forecast by Type (2026-2031) &nbsp;10.7 Global Molten Salt Thermal Energy Storage System Forecast by Application (2026-2031) &nbsp;10.7.1 GCC Countries Market Molten Salt Thermal Energy Storage System Forecast 11 Key Players Analysis &nbsp;11.1 MAN Energy Solutions &nbsp;11.1.1 MAN Energy Solutions Company Information &nbsp;11.1.2 MAN Energy Solutions Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.1.3 MAN Energy Solutions Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.1.4 MAN Energy Solutions Main Business Overview &nbsp;11.1.5 MAN Energy Solutions Latest Developments &nbsp;11.2 RPow &nbsp;11.2.1 RPow Company Information &nbsp;11.2.2 RPow Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.2.3 RPow Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.2.4 RPow Main Business Overview &nbsp;11.2.5 RPow Latest Developments &nbsp;11.3 Grupo Cox &nbsp;11.3.1 Grupo Cox Company Information &nbsp;11.3.2 Grupo Cox Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.3.3 Grupo Cox Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.3.4 Grupo Cox Main Business Overview &nbsp;11.3.5 Grupo Cox Latest Developments &nbsp;11.4 Kyoto Group AS &nbsp;11.4.1 Kyoto Group AS Company Information &nbsp;11.4.2 Kyoto Group AS Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.4.3 Kyoto Group AS Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.4.4 Kyoto Group AS Main Business Overview &nbsp;11.4.5 Kyoto Group AS Latest Developments &nbsp;11.5 Acciona &nbsp;11.5.1 Acciona Company Information &nbsp;11.5.2 Acciona Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.5.3 Acciona Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.5.4 Acciona Main Business Overview &nbsp;11.5.5 Acciona Latest Developments &nbsp;11.6 ACWA Power &nbsp;11.6.1 ACWA Power Company Information &nbsp;11.6.2 ACWA Power Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.6.3 ACWA Power Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.6.4 ACWA Power Main Business Overview &nbsp;11.6.5 ACWA Power Latest Developments &nbsp;11.7 Malta &nbsp;11.7.1 Malta Company Information &nbsp;11.7.2 Malta Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.7.3 Malta Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.7.4 Malta Main Business Overview &nbsp;11.7.5 Malta Latest Developments &nbsp;11.8 Hyme Energy &nbsp;11.8.1 Hyme Energy Company Information &nbsp;11.8.2 Hyme Energy Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.8.3 Hyme Energy Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.8.4 Hyme Energy Main Business Overview &nbsp;11.8.5 Hyme Energy Latest Developments &nbsp;11.9 Huntkey GreVault &nbsp;11.9.1 Huntkey GreVault Company Information &nbsp;11.9.2 Huntkey GreVault Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.9.3 Huntkey GreVault Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.9.4 Huntkey GreVault Main Business Overview &nbsp;11.9.5 Huntkey GreVault Latest Developments &nbsp;11.10 National Energy Group &nbsp;11.10.1 National Energy Group Company Information &nbsp;11.10.2 National Energy Group Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.10.3 National Energy Group Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.10.4 National Energy Group Main Business Overview &nbsp;11.10.5 National Energy Group Latest Developments &nbsp;11.11 China Anneng Construction &nbsp;11.11.1 China Anneng Construction Company Information &nbsp;11.11.2 China Anneng Construction Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.11.3 China Anneng Construction Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.11.4 China Anneng Construction Main Business Overview &nbsp;11.11.5 China Anneng Construction Latest Developments &nbsp;11.12 Zhejian CosinSolar Technology &nbsp;11.12.1 Zhejian CosinSolar Technology Company Information &nbsp;11.12.2 Zhejian CosinSolar Technology Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.12.3 Zhejian CosinSolar Technology Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.12.4 Zhejian CosinSolar Technology Main Business Overview &nbsp;11.12.5 Zhejian CosinSolar Technology Latest Developments &nbsp;11.13 Jiangsu Taiyangbao New Energy &nbsp;11.13.1 Jiangsu Taiyangbao New Energy Company Information &nbsp;11.13.2 Jiangsu Taiyangbao New Energy Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.13.3 Jiangsu Taiyangbao New Energy Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.13.4 Jiangsu Taiyangbao New Energy Main Business Overview &nbsp;11.13.5 Jiangsu Taiyangbao New Energy Latest Developments &nbsp;11.14 Anhui Zhongke Energy Storage Technology &nbsp;11.14.1 Anhui Zhongke Energy Storage Technology Company Information &nbsp;11.14.2 Anhui Zhongke Energy Storage Technology Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.14.3 Anhui Zhongke Energy Storage Technology Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.14.4 Anhui Zhongke Energy Storage Technology Main Business Overview &nbsp;11.14.5 Anhui Zhongke Energy Storage Technology Latest Developments &nbsp;11.15 Beijing Shouhang High-tech Energy Technology &nbsp;11.15.1 Beijing Shouhang High-tech Energy Technology Company Information &nbsp;11.15.2 Beijing Shouhang High-tech Energy Technology Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.15.3 Beijing Shouhang High-tech Energy Technology Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.15.4 Beijing Shouhang High-tech Energy Technology Main Business Overview &nbsp;11.15.5 Beijing Shouhang High-tech Energy Technology Latest Developments &nbsp;11.16 Shanghai Electric &nbsp;11.16.1 Shanghai Electric Company Information &nbsp;11.16.2 Shanghai Electric Molten Salt Thermal Energy Storage System Product Offered &nbsp;11.16.3 Shanghai Electric Molten Salt Thermal Energy Storage System Revenue, Gross Margin and Market Share (2020-2025) &nbsp;11.16.4 Shanghai Electric Main Business Overview &nbsp;11.16.5 Shanghai Electric Latest Developments 12 Research Findings and Conclusion

Report	Global Molten Salt Thermal Energy Storage System Market Growth (Status and Outlook) 2025-2031
Selected License	Multi ID: LPI17886

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