| Product Code: ETC9567030 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Sweden continued to rely on imports for thermal energy storage, with top exporting countries being Italy, Denmark, USA, Germany, and Hungary. Despite the diversity of sources, the market remained highly competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The industry experienced steady growth with a compound annual growth rate (CAGR) of 6.25% from 2020 to 2024. However, there was a notable decline in the growth rate from 2023 to 2024 at -24.49%, signaling potential shifts in market dynamics or temporary challenges within the sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Thermal Energy Storage Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Thermal Energy Storage Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Thermal Energy Storage Market - Industry Life Cycle |
3.4 Sweden Thermal Energy Storage Market - Porter's Five Forces |
3.5 Sweden Thermal Energy Storage Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Sweden Thermal Energy Storage Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Sweden Thermal Energy Storage Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Thermal Energy Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in Sweden |
4.2.2 Government initiatives promoting energy efficiency and sustainability |
4.2.3 Growing demand for district heating systems in urban areas |
4.3 Market Restraints |
4.3.1 High initial investment costs for thermal energy storage systems |
4.3.2 Lack of awareness and understanding of thermal energy storage technologies |
4.3.3 Regulatory challenges and policy uncertainties in the energy sector |
5 Sweden Thermal Energy Storage Market Trends |
6 Sweden Thermal Energy Storage Market, By Types |
6.1 Sweden Thermal Energy Storage Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Sweden Thermal Energy Storage Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Sweden Thermal Energy Storage Market Revenues & Volume, By Sensible Heat Storage, 2021- 2031F |
6.1.4 Sweden Thermal Energy Storage Market Revenues & Volume, By Latent Heat Storage, 2021- 2031F |
6.1.5 Sweden Thermal Energy Storage Market Revenues & Volume, By Thermochemical Heat Storage, 2021- 2031F |
6.2 Sweden Thermal Energy Storage Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Sweden Thermal Energy Storage Market Revenues & Volume, By Molten Salt Technology, 2021- 2031F |
6.2.3 Sweden Thermal Energy Storage Market Revenues & Volume, By Electric Thermal Storage Heaters, 2021- 2031F |
6.2.4 Sweden Thermal Energy Storage Market Revenues & Volume, By Solar Energy Storage, 2021- 2031F |
6.2.5 Sweden Thermal Energy Storage Market Revenues & Volume, By Ice-based Technology, 2021- 2031F |
6.2.6 Sweden Thermal Energy Storage Market Revenues & Volume, By Miscibility Gap Alloy Technology, 2021- 2031F |
6.3 Sweden Thermal Energy Storage Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sweden Thermal Energy Storage Market Revenues & Volume, By Process Heating & Cooling, 2021- 2031F |
6.3.3 Sweden Thermal Energy Storage Market Revenues & Volume, By District Heating & Cooling, 2021- 2031F |
6.3.4 Sweden Thermal Energy Storage Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.3.5 Sweden Thermal Energy Storage Market Revenues & Volume, By Ice storage air-conditioning, 2021- 2031F |
6.3.6 Sweden Thermal Energy Storage Market Revenues & Volume, By Others, 2021- 2031F |
7 Sweden Thermal Energy Storage Market Import-Export Trade Statistics |
7.1 Sweden Thermal Energy Storage Market Export to Major Countries |
7.2 Sweden Thermal Energy Storage Market Imports from Major Countries |
8 Sweden Thermal Energy Storage Market Key Performance Indicators |
8.1 Percentage of renewable energy sources in Sweden's energy mix |
8.2 Number of government policies and incentives supporting energy efficiency and sustainability |
8.3 Growth in the installation of district heating systems in urban areas |
9 Sweden Thermal Energy Storage Market - Opportunity Assessment |
9.1 Sweden Thermal Energy Storage Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Sweden Thermal Energy Storage Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Sweden Thermal Energy Storage Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Thermal Energy Storage Market - Competitive Landscape |
10.1 Sweden Thermal Energy Storage Market Revenue Share, By Companies, 2024 |
10.2 Sweden Thermal Energy Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |