Visiongain’s new report the Solar Thermal Collectors Market Report 2019-2029 indicates that the Global Solar Thermal Collectors Market was valued at $21 billion by 2029
Factors Driving the Market Growth:
• Growing Demand for Renewable Energy Sources
According to International Energy Association, renewables will have the fastest growth in the electricity sector, providing almost 30% of power demand in 2023, up from 24% in 2017. During this period, renewables are forecast to meet more than 70% of global electricity generation growth, led by solar PV and followed by wind, hydropower, and bioenergy.
• Rising Construction Activities All Over the World
According to The U.S. Census Bureau Construction Statistics for June 2019, construction spending during June 2019 was estimated at $1,287.0 billion. Increasing population followed by growing spending power in developing countries such as India, China, Brazil, and Southeast Asian countries is expected to increase construction activities over the projected period.
Factors Restraining the Market Growth:
• Growing popularity of solar PV technology
Rapidly falling prices have made solar more affordable than ever. The average price of a completed PV system has dropped by more than 50 percent over the last ten years. The cost of PV has dropped dramatically as the industry has scaled up manufacturing and incrementally improved the technology with new materials. Installation costs have come down too with more experienced and trained installers. Globally, the U.S. has the third largest market for PV installations, and is continuing to rapidly grow. Increasing popularity of solar PV technology is expected to be the potential threat for solar thermal collectors market.
Market Segmentation 2019-2029:
The Solar Thermal Collectors Market is segmented on the Product, Application, and Regional basis.
Product
• Concentrating
• Non-Concentrating
– Flat Plate
– Evacuated Tube
– Unglazed Water Collector
– Air Collector
Application
• Residential
• Commercial
• Industrial
Regional Breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America
• Europe
• Asia-Pacific
• LAMEA
Competitive Analysis:
• Global solar thermal collectors competitive environment is expected to be moderate over the period ranging 2019 – 2029 by virtue of limited manufacturers operating in this industry
• The market competition is expected to be on the basis of new product development and product pricing.
• High cost of the product is expected to be the major threat for the industry as large number of substitutes with less cost are available in the market such as photovoltaics and concentrated photovoltaics.
Major Market Players:
Apricus Solar Co. Ltd, Sunerg Solar S.R.L, Sunearth, Alternate Energy Technologies, LLC, Sunmaxx Solar, Solimpeks, TIGI, Ouraset Solar, GreenoneTec, HTP, TVP Solar, Sun Master, Solar Millennium AG, Solar Skies Mfg., Airlight Energy, SorTech, Efficax Energy, Trevi Systems, Boen Solar Energy, Artic Solar, Sunplate, Solarkilns Holdings Pty Ltd, Absolicon Solar Concentrator AB, Solarus, Suncore AB, HelioCaminus, Aventa AS, Cogen Microsystems, Thermomax.
Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6
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1. Report Overview
1.1 Global Solar Thermal Collectors Market Overview
1.2 Why You Should Read This Report
1.3 How This Report Delivers
1.4 Key Questions Answered by This Analytical Report Includes
1.5 Who is This Report For?
1.6 Methodology
1.7 Frequently Asked Questions (FAQ)
1.8 Associated Visiongain Reports
1.9 About Visiongain
2. Executive Summary
3. Industry Insights
3.1 Market Drivers
3.1.1 Increasing construction industry
3.1.2 Rising demand for renewables
3.2 Market Restraints
3.2.1 High product prices and cost for installation
3.2.2 Increasing population of solar PV technology
3.3 Key industry trends
3.4 Value chain analysis
3.5 SWOT analysis
3.6 PESTEL analysis
3.7 Porters Five Forces Model
3.8 Regulatory framework
3.9 Global construction outlook
3.10 Key economic indicators for major countries
3.10.1 U.S.
3.10.2 UK
3.10.3 Germany
3.10.4 France
3.10.5 Italy
3.10.6 Spain
3.10.7 India
3.10.8 China
3.10.9 Japan
3.10.10 Southeast Asia
3.10.11 Brazil
3.10.12 Argentina
3.10.13 Saudi Arabia
3.10.14 UAE
4. Solar Thermal Collectors Market – By Product
4.1 Concentrating
4.2 Non-Concentrating
4.2.1 Flat Plate
4.2.2 Evacuated Tube
4.2.3 Unglazed Water Collector
4.2.4 Air Collector
5. Solar Thermal Collectors Market – By Application
5.1 Residential
5.2 Commercial
5.3 Industrial
6. Solar Thermal Collectors Market – By Region
6.1 North America
6.1.1 U.S.
6.1.2 Canada
6.2 Europe
6.2.1 Germany
6.2.2 France
6.2.3 UK
6.2.4 Rest of Europe
6.3 Asia-Pacific
6.3.1 Japan
6.3.2 China
6.3.3 India
6.3.4 Rest of APAC
6.4 LAMEA
6.4.1 Latin America
6.4.1.1 Brazil
6.4.1.2 Argentina
6.4.2 Middle East
6.4.2.1 UAE
6.4.2.2 Saudi Arabia
6.4.3 Africa
7. Competitive Landscape
7.1 Competitive environment
7.2 New product development
7.3 Merger & acquisitions
7.4 Strategic framework
8. Company Profiles
9. Appendix
List of Tables
Table 1 Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 2 Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 3 North America: Solar Thermal Collectors Market Size, By Country (US$ Mn AGR%, CAGR%), 2019-2029
Table 4 North America: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 5 North America: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 6 US: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 7 US: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 8 Canada: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 9 Canada: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 10 Europe: Solar Thermal Collectors Market Size, By Country (US$ Mn AGR%, CAGR%), 2019-2029
Table 11 Europe: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 12 Europe: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 13 Germany: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 14 Germany: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 15 France: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 16 France: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 17 UK: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 18 UK: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 19 Rest of Europe: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 20 Rest of Europe: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 21 Asia-Pacific: Solar Thermal Collectors Market Size, By Country (US$ Mn AGR%, CAGR%), 2019-2029
Table 22 Asia-Pacific: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 23 Asia-Pacific: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 24 Japan: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 25 Japan: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 26 China: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 27 China: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 28 India: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 29 India: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 30 Rest of APAC: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 31 Rest of APAC: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 32 LAMEA: Solar Thermal Collectors Market Size, By Country (US$ Mn AGR%, CAGR%), 2019-2029
Table 33 LAMEA: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 34 LAMEA: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 35 Latin America: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 36 Latin America: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 37 Middle East: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 38 Middle East: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
Table 39 Africa: Solar Thermal Collectors Market Size, By Product (US$ Mn AGR%, CAGR%), 2019-2029
Table 40 Africa: Solar Thermal Collectors Market Size, By Application (US$ Mn AGR%, CAGR%), 2019-2029
List of Figures
Figure 1 Solar Thermal Collectors Market Segmentation
Figure 2 Drivers, Restraints, Opportunities, and Challenges in the Solar Thermal Collectors Market
Figure 3 Solar Thermal Collectors Market, By Product (2019-2029)
Figure 4 Solar Thermal Collectors Market, By Application (2019-2029)
Figure 5 Global Solar Thermal Collectors Market, By Region
Figure 6 North America: Solar Thermal Collectors Market Snapshot
Figure 7 Europe: Solar Thermal Collectors Market Snapshot
Figure 8 APAC: Solar Thermal Collectors Market Snapshot
Figure 9 LAMEA: Solar Thermal Collectors Market Snapshot
Figure 10 Market Share/Ranking
Figure 11 Apricus Solar Co. Ltd Financial Snapshot
Figure 12 Sunerg Solar S.R.L Financial Snapshot
Figure 13 Alternate Energy Technologies, LLC Financial Snapshot
Figure 14 Sunmaxx Solar Financial Snapshot
Figure 15 Solimpeks Financial Snapshot
Figure 16 TIGI Financial Snapshot
Figure 17 Ouraset Solar Financial Snapshot
Figure 18 GreenoneTec Financial Snapshot
Figure 19 HTP Financial Snapshot
Figure 20 TVP Solar Financial Snapshot
Figure 21 Sun Master Financial Snapshot
Figure 22 Solar Millennium AG Financial Snapshot
Figure 23 Solar Skies Mfg. Financial Snapshot
Figure 24 Airlight Energy Financial Snapshot
Figure 25 SorTech Financial Snapshot
Figure 26 Efficax Energy Financial Snapshot
Figure 27 Trevi Systems Financial Snapshot
Figure 28 Boen Solar Energy Financial Snapshot
Figure 29 Artic Solar Financial Snapshot
Figure 30 Sunplate Financial Snapshot
Figure 31 Solarkilns Holdings Pty Ltd Financial Snapshot
Figure 32 Absolicon Solar Concentrator AB Company Financial Snapshot
Figure 33 Solarus Financial Snapshot
Figure 34 Suncore AB Financial Snapshot
Figure 35 HelioCaminus Financial Snapshot
Figure 36 Aventa AS Financial Snapshot
Figure 37 Cogen Microsystems Financial Snapshot
Figure 38 Thermomax Financial Snapshot
Absolicon Solar Concentrator AB
Airlight Energy
Alternate Energy Technologies, LLC
Apricus Solar Co. Ltd
Artic Solar
Aventa AS
Boen Solar Energy
Cogen Microsystems
Efficax Energy
GreenoneTec
HelioCaminus
HTP
Ouraset Solar
Solar Millennium AG
Solar Skies Mfg.
Solarkilns Holdings Pty Ltd
Solarus
Solimpeks
SorTech
Sun Master
Suncore AB
Sunearth
Sunerg Solar S.R.L
Sunmaxx Solar
Sunplate
Thermomax
TIGI
Trevi Systems
TVP Solar