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Global Thermocline Energy Storage Market Research Report 2026

Published Date: 2026-02-10

Report Code: QYRE-Auto-4E18457

Global Thermocline Energy Storage Market Research Report 2024

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Global Thermocline Energy Storage Market Research Report 2026

Code: QYRE-Auto-4E18457

Report

2026-02-10

Pages:103

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

ARANER

Terrafore

CIC energiGUNE

Abengoa

SPIC

Newheat

HE Turbine

Thermocline Energy Storage Market

The global Thermocline Energy Storage market was valued at US$ million in 2025 and is anticipated to reach US$ million by 2032, at a CAGR of %from 2026 to 2032.

Thermocline Energy Storage is a type of thermal energy storage system that utilizes a temperature gradient, or "thermocline," within a single tank to store and release heat. This system typically consists of a tank filled with a solid medium, such as rocks, sand, or ceramic spheres, and a heat-transfer fluid, usually water, oil, or molten salt. The fluid flows through the tank, creating distinct hot and cold layers separated by the thermocline region, where the temperature transitions between the two extremes. During the charging process, heat is stored by circulating the hot fluid, while during discharge, the cooler fluid is drawn through the tank, absorbing the stored heat. Thermocline systems are cost-effective due to the use of a single tank and low-cost filler materials, making them suitable for applications like concentrated solar power plants and industrial heat management, where efficient, large-scale thermal storage is needed.

The North American market for Thermocline Energy Storage is projected to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.

The Asia-Pacific market for Thermocline Energy Storage is projected to rise from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.

The global market for Thermocline Energy Storage in Renewable Energy Generation is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 to 2032.

Major global companies of Thermocline Energy Storage include ARANER, Terrafore, CIC energiGUNE, Abengoa, Newheat, SPIC, HE Turbine, etc. In 2025, the world's top three vendors accounted for approximately % of revenue.

This report delivers a comprehensive overview of the global Thermocline Energy Storage market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Thermocline Energy Storage. The Thermocline Energy Storage market size, estimates, and forecasts are provided in terms of revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.

The report segments the global Thermocline Energy Storage market comprehensively. Regional market sizes by Type, by Application, , and by player are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.

This report will assist Thermocline Energy Storage manufacturers, new entrants, and companies across the industry value chain with information on revenues, sales volume, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.

Market Segmentation

Scope of Thermocline Energy Storage Market Report

Report Metric	Details
Report Name	Thermocline Energy Storage Market
Segment by Type	Pilot Scale Commercial Scale
Segment by Application	Renewable Energy Generation Fossil Fuel Generation
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	ARANER, Terrafore, CIC energiGUNE, Abengoa, Newheat, SPIC, HE Turbine
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Summarizes global and regional market size and outlines market dynamics and recent developments, including key drivers, restraints, challenges and risks for industry participants, and relevant policy analysis.
Chapter 3: Provides a detailed view of the competitive landscape for Thermocline Energy Storage companies, covering revenue share, development plans, and mergers and acquisitions.
Chapter 4: Analyzes segments by Type, detailing the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 5: Analyzes segments by Application, detailing the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 6–10: Regional deep dives (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) broken down by country. Each chapter quantifies market size and growth potential by region and key countries, and outlines market development, outlook, addressable space, and capacity.
Chapter 11: Profiles key players, presenting essential information on leading companies, including product/ service offerings, revenue, gross margin, product introductions/portfolios, recent developments, etc.
Chapter 12: Key findings and conclusions of the report.

FAQ for this report

Who are the main players in the Thermocline Energy Storage Market report?

Ans: The main players in the Thermocline Energy Storage Market are ARANER, Terrafore, CIC energiGUNE, Abengoa, Newheat, SPIC, HE Turbine

What are the Application segmentation covered in the Thermocline Energy Storage Market report?

Ans: The Applications covered in the Thermocline Energy Storage Market report are Renewable Energy Generation, Fossil Fuel Generation

What are the Type segmentation covered in the Thermocline Energy Storage Market report?

Ans: The Types covered in the Thermocline Energy Storage Market report are Pilot Scale, Commercial Scale

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Thermocline Energy Storage Market Size Growth Rate by Type: 2021 vs 2025 vs 2032

1.2.2 Pilot Scale

1.2.3 Commercial Scale

1.3 Market by Application

1.3.1 Global Thermocline Energy Storage Market Growth by Application: 2021 vs 2025 vs 2032

1.3.2 Renewable Energy Generation

1.3.3 Fossil Fuel Generation

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Thermocline Energy Storage Market Perspective (2021–2032)

2.2 Global Thermocline Energy Storage Growth Trends by Region

2.2.1 Global Thermocline Energy Storage Market Size by Region: 2021 vs 2025 vs 2032

2.2.2 Thermocline Energy Storage Historic Market Size by Region (2021–2026)

2.2.3 Thermocline Energy Storage Forecasted Market Size by Region (2027–2032)

2.3 Thermocline Energy Storage Market Dynamics

2.3.1 Thermocline Energy Storage Industry Trends

2.3.2 Thermocline Energy Storage Market Drivers

2.3.3 Thermocline Energy Storage Market Challenges

2.3.4 Thermocline Energy Storage Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Thermocline Energy Storage Players by Revenue

3.1.1 Global Top Thermocline Energy Storage Players by Revenue (2021–2026)

3.1.2 Global Thermocline Energy Storage Revenue Market Share by Players (2021–2026)

3.2 Global Top Thermocline Energy Storage Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)

3.3 Global Key Players Ranking by Thermocline Energy Storage Revenue

3.4 Global Thermocline Energy Storage Market Concentration Ratio

3.4.1 Global Thermocline Energy Storage Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Thermocline Energy Storage Revenue in 2025

3.5 Global Key Players of Thermocline Energy Storage Head Offices and Areas Served

3.6 Global Key Players of Thermocline Energy Storage, Products and Applications

3.7 Global Key Players of Thermocline Energy Storage, Date of General Availability (GA)

3.8 Mergers and Acquisitions, Expansion Plans

4 Thermocline Energy Storage Breakdown Data by Type

4.1 Global Thermocline Energy Storage Historic Market Size by Type (2021–2026)

4.2 Global Thermocline Energy Storage Forecasted Market Size by Type (2027–2032)

5 Thermocline Energy Storage Breakdown Data by Application

5.1 Global Thermocline Energy Storage Historic Market Size by Application (2021–2026)

5.2 Global Thermocline Energy Storage Forecasted Market Size by Application (2027–2032)

6 North America

6.1 North America Thermocline Energy Storage Market Size (2021–2032)

6.2 North America Thermocline Energy Storage Market Growth Rate by Country: 2021 vs 2025 vs 2032

6.3 North America Thermocline Energy Storage Market Size by Country (2021–2026)

6.4 North America Thermocline Energy Storage Market Size by Country (2027–2032)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Thermocline Energy Storage Market Size (2021–2032)

7.2 Europe Thermocline Energy Storage Market Growth Rate by Country: 2021 vs 2025 vs 2032

7.3 Europe Thermocline Energy Storage Market Size by Country (2021–2026)

7.4 Europe Thermocline Energy Storage Market Size by Country (2027–2032)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Ireland

8 Asia-Pacific

8.1 Asia-Pacific Thermocline Energy Storage Market Size (2021–2032)

8.2 Asia-Pacific Thermocline Energy Storage Market Growth Rate by Region: 2021 vs 2025 vs 2032

8.3 Asia-Pacific Thermocline Energy Storage Market Size by Region (2021–2026)

8.4 Asia-Pacific Thermocline Energy Storage Market Size by Region (2027–2032)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia & New Zealand

9 Latin America

9.1 Latin America Thermocline Energy Storage Market Size (2021–2032)

9.2 Latin America Thermocline Energy Storage Market Growth Rate by Country: 2021 vs 2025 vs 2032

9.3 Latin America Thermocline Energy Storage Market Size by Country (2021–2026)

9.4 Latin America Thermocline Energy Storage Market Size by Country (2027–2032)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Thermocline Energy Storage Market Size (2021–2032)

10.2 Middle East & Africa Thermocline Energy Storage Market Growth Rate by Country: 2021 vs 2025 vs 2032

10.3 Middle East & Africa Thermocline Energy Storage Market Size by Country (2021–2026)

10.4 Middle East & Africa Thermocline Energy Storage Market Size by Country (2027–2032)

10.5 Israel

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 ARANER

11.1.1 ARANER Company Details

11.1.2 ARANER Business Overview

11.1.3 ARANER Thermocline Energy Storage Introduction

11.1.4 ARANER Revenue in Thermocline Energy Storage Business (2021–2026)

11.1.5 ARANER Recent Development

11.2 Terrafore

11.2.1 Terrafore Company Details

11.2.2 Terrafore Business Overview

11.2.3 Terrafore Thermocline Energy Storage Introduction

11.2.4 Terrafore Revenue in Thermocline Energy Storage Business (2021–2026)

11.2.5 Terrafore Recent Development

11.3 CIC energiGUNE

11.3.1 CIC energiGUNE Company Details

11.3.2 CIC energiGUNE Business Overview

11.3.3 CIC energiGUNE Thermocline Energy Storage Introduction

11.3.4 CIC energiGUNE Revenue in Thermocline Energy Storage Business (2021–2026)

11.3.5 CIC energiGUNE Recent Development

11.4 Abengoa

11.4.1 Abengoa Company Details

11.4.2 Abengoa Business Overview

11.4.3 Abengoa Thermocline Energy Storage Introduction

11.4.4 Abengoa Revenue in Thermocline Energy Storage Business (2021–2026)

11.4.5 Abengoa Recent Development

11.5 Newheat

11.5.1 Newheat Company Details

11.5.2 Newheat Business Overview

11.5.3 Newheat Thermocline Energy Storage Introduction

11.5.4 Newheat Revenue in Thermocline Energy Storage Business (2021–2026)

11.5.5 Newheat Recent Development

11.6 SPIC

11.6.1 SPIC Company Details

11.6.2 SPIC Business Overview

11.6.3 SPIC Thermocline Energy Storage Introduction

11.6.4 SPIC Revenue in Thermocline Energy Storage Business (2021–2026)

11.6.5 SPIC Recent Development

11.7 HE Turbine

11.7.1 HE Turbine Company Details

11.7.2 HE Turbine Business Overview

11.7.3 HE Turbine Thermocline Energy Storage Introduction

11.7.4 HE Turbine Revenue in Thermocline Energy Storage Business (2021–2026)

11.7.5 HE Turbine Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

ARANER

Terrafore

CIC energiGUNE

Abengoa

SPIC

Newheat

HE Turbine

List of Tables

Table 1. Global Thermocline Energy Storage Market Size Growth Rate by Type (US$ Million): 2021 vs 2025 vs 2032

Table 2. Key Players of Pilot Scale

Table 3. Key Players of Commercial Scale

Table 4. Global Thermocline Energy Storage Market Size Growth by Application (US$ Million): 2021 vs 2025 vs 2032

Table 5. Global Thermocline Energy Storage Market Size by Region (US$ Million): 2021 vs 2025 vs 2032

Table 6. Global Thermocline Energy Storage Market Size by Region (US$ Million), 2021–2026

Table 7. Global Thermocline Energy Storage Market Share by Region (2021–2026)

Table 8. Global Thermocline Energy Storage Forecasted Market Size by Region (US$ Million), 2027–2032

Table 9. Global Thermocline Energy Storage Market Share by Region (2027–2032)

Table 10. Thermocline Energy Storage Market Trends

Table 11. Thermocline Energy Storage Market Drivers

Table 12. Thermocline Energy Storage Market Challenges

Table 13. Thermocline Energy Storage Market Restraints

Table 14. Global Thermocline Energy Storage Revenue by Players (US$ Million), 2021–2026

Table 15. Global Thermocline Energy Storage Market Share by Players (2021–2026)

Table 16. Global Top Thermocline Energy Storage Players by Tier (Tier 1, Tier 2, and Tier 3), based on Thermocline Energy Storage Revenue, 2025

Table 17. Ranking of Global Top Thermocline Energy Storage Companies by Revenue (US$ Million) in 2025

Table 18. Global 5 Largest Players Market Share by Thermocline Energy Storage Revenue (CR5 and HHI), 2021–2026

Table 19. Global Key Players of Thermocline Energy Storage, Headquarters and Area Served

Table 20. Global Key Players of Thermocline Energy Storage, Products and Applications

Table 21. Global Key Players of Thermocline Energy Storage, Date of General Availability (GA)

Table 22. Mergers and Acquisitions, Expansion Plans

Table 23. Global Thermocline Energy Storage Market Size by Type (US$ Million), 2021–2026

Table 24. Global Thermocline Energy Storage Revenue Market Share by Type (2021–2026)

Table 25. Global Thermocline Energy Storage Forecasted Market Size by Type (US$ Million), 2027–2032

Table 26. Global Thermocline Energy Storage Revenue Market Share by Type (2027–2032)

Table 27. Global Thermocline Energy Storage Market Size by Application (US$ Million), 2021–2026

Table 28. Global Thermocline Energy Storage Revenue Market Share by Application (2021–2026)

Table 29. Global Thermocline Energy Storage Forecasted Market Size by Application (US$ Million), 2027–2032

Table 30. Global Thermocline Energy Storage Revenue Market Share by Application (2027–2032)

Table 31. North America Thermocline Energy Storage Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 32. North America Thermocline Energy Storage Market Size by Country (US$ Million), 2021–2026

Table 33. North America Thermocline Energy Storage Market Size by Country (US$ Million), 2027–2032

Table 34. Europe Thermocline Energy Storage Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 35. Europe Thermocline Energy Storage Market Size by Country (US$ Million), 2021–2026

Table 36. Europe Thermocline Energy Storage Market Size by Country (US$ Million), 2027–2032

Table 37. Asia-Pacific Thermocline Energy Storage Market Size Growth Rate by Region (US$ Million): 2021 vs 2025 vs 2032

Table 38. Asia-Pacific Thermocline Energy Storage Market Size by Region (US$ Million), 2021–2026

Table 39. Asia-Pacific Thermocline Energy Storage Market Size by Region (US$ Million), 2027–2032

Table 40. Latin America Thermocline Energy Storage Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 41. Latin America Thermocline Energy Storage Market Size by Country (US$ Million), 2021–2026

Table 42. Latin America Thermocline Energy Storage Market Size by Country (US$ Million), 2027–2032

Table 43. Middle East & Africa Thermocline Energy Storage Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 44. Middle East & Africa Thermocline Energy Storage Market Size by Country (US$ Million), 2021–2026

Table 45. Middle East & Africa Thermocline Energy Storage Market Size by Country (US$ Million), 2027–2032

Table 46. ARANER Company Details

Table 47. ARANER Business Overview

Table 48. ARANER Thermocline Energy Storage Product

Table 49. ARANER Revenue in Thermocline Energy Storage Business (US$ Million), 2021–2026

Table 50. ARANER Recent Development

Table 51. Terrafore Company Details

Table 52. Terrafore Business Overview

Table 53. Terrafore Thermocline Energy Storage Product

Table 54. Terrafore Revenue in Thermocline Energy Storage Business (US$ Million), 2021–2026

Table 55. Terrafore Recent Development

Table 56. CIC energiGUNE Company Details

Table 57. CIC energiGUNE Business Overview

Table 58. CIC energiGUNE Thermocline Energy Storage Product

Table 59. CIC energiGUNE Revenue in Thermocline Energy Storage Business (US$ Million), 2021–2026

Table 60. CIC energiGUNE Recent Development

Table 61. Abengoa Company Details

Table 62. Abengoa Business Overview

Table 63. Abengoa Thermocline Energy Storage Product

Table 64. Abengoa Revenue in Thermocline Energy Storage Business (US$ Million), 2021–2026

Table 65. Abengoa Recent Development

Table 66. Newheat Company Details

Table 67. Newheat Business Overview

Table 68. Newheat Thermocline Energy Storage Product

Table 69. Newheat Revenue in Thermocline Energy Storage Business (US$ Million), 2021–2026

Table 70. Newheat Recent Development

Table 71. SPIC Company Details

Table 72. SPIC Business Overview

Table 73. SPIC Thermocline Energy Storage Product

Table 74. SPIC Revenue in Thermocline Energy Storage Business (US$ Million), 2021–2026

Table 75. SPIC Recent Development

Table 76. HE Turbine Company Details

Table 77. HE Turbine Business Overview

Table 78. HE Turbine Thermocline Energy Storage Product

Table 79. HE Turbine Revenue in Thermocline Energy Storage Business (US$ Million), 2021–2026

Table 80. HE Turbine Recent Development

Table 81. Research Programs/Design for This Report

Table 82. Key Data Information from Secondary Sources

Table 83. Key Data Information from Primary Sources

Table 84. Authors List of This Report

List of Figures

Figure 1. Thermocline Energy Storage Picture

Figure 2. Global Thermocline Energy Storage Market Size Comparison by Type (US$ Million), 2021–2032

Figure 3. Global Thermocline Energy Storage Market Share by Type: 2025 vs 2032

Figure 4. Pilot Scale Features

Figure 5. Commercial Scale Features

Figure 6. Global Thermocline Energy Storage Market Size by Application (US$ Million), 2021–2032

Figure 7. Global Thermocline Energy Storage Market Share by Application: 2025 vs 2032

Figure 8. Renewable Energy Generation Case Studies

Figure 9. Fossil Fuel Generation Case Studies

Figure 10. Thermocline Energy Storage Report Years Considered

Figure 11. Global Thermocline Energy Storage Market Size (US$ Million), Year-over-Year: 2021–2032

Figure 12. Global Thermocline Energy Storage Market Size, (US$ Million), 2021 vs 2025 vs 2032

Figure 13. Global Thermocline Energy Storage Market Share by Region: 2025 vs 2032

Figure 14. Global Thermocline Energy Storage Market Share by Players in 2025

Figure 15. Global Thermocline Energy Storage Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 16. The Top 10 and 5 Players Market Share by Thermocline Energy Storage Revenue in 2025

Figure 17. North America Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 18. North America Thermocline Energy Storage Market Share by Country (2021–2032)

Figure 19. United States Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 20. Canada Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 21. Europe Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 22. Europe Thermocline Energy Storage Market Share by Country (2021–2032)

Figure 23. Germany Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 24. France Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 25. U.K. Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 26. Italy Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 27. Russia Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 28. Ireland Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 29. Asia-Pacific Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 30. Asia-Pacific Thermocline Energy Storage Market Share by Region (2021–2032)

Figure 31. China Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 32. Japan Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 33. South Korea Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 34. Southeast Asia Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 35. India Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 36. Australia & New Zealand Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 37. Latin America Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 38. Latin America Thermocline Energy Storage Market Share by Country (2021–2032)

Figure 39. Mexico Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 40. Brazil Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 41. Middle East & Africa Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 42. Middle East & Africa Thermocline Energy Storage Market Share by Country (2021–2032)

Figure 43. Israel Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 44. Saudi Arabia Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 45. UAE Thermocline Energy Storage Market Size YoY Growth (US$ Million), 2021–2032

Figure 46. ARANER Revenue Growth Rate in Thermocline Energy Storage Business (2021–2026)

Figure 47. Terrafore Revenue Growth Rate in Thermocline Energy Storage Business (2021–2026)

Figure 48. CIC energiGUNE Revenue Growth Rate in Thermocline Energy Storage Business (2021–2026)

Figure 49. Abengoa Revenue Growth Rate in Thermocline Energy Storage Business (2021–2026)

Figure 50. Newheat Revenue Growth Rate in Thermocline Energy Storage Business (2021–2026)

Figure 51. SPIC Revenue Growth Rate in Thermocline Energy Storage Business (2021–2026)

Figure 52. HE Turbine Revenue Growth Rate in Thermocline Energy Storage Business (2021–2026)

Figure 53. Bottom-up and Top-down Approaches for This Report

Figure 54. Data Triangulation

Figure 55. Key Executives Interviewed

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