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Solar Thermal Collectors Market - Global Industry Analysis

Solar Thermal Collectors Market - By Product (Flat Plate, Concentrating, Non-Concentrating, Unglazed Water Collectors, Evacuated Tube, and Air Collectors), By Application (Residential, Commercial, and Industrial), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 01-Mar-2021 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-3063 Status : Published

The global Solar Thermal Collectors Market, which accrued revenue worth nearly 4,595 (USD Million) in 2019 and is slated to garner earnings worth 5,508 (USD Million) by 2025, is set to grow at a CAGR of 2.7% during the period from 2019 to 2025.

Description

The global Solar Thermal Collectors Market, which accrued revenue worth nearly 4,595 (USD Million) in 2019 and is slated to garner earnings worth 5,508 (USD Million) by 2025, is set to grow at a CAGR of 2.7% during the period from 2019 to 2025. The report offers valuation and analysis of the Solar Thermal Collectors Market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Million).

Introduction

Solar thermal collector is designed for tapping thermal power that is offered free through solar rays. These products find extensive application in labs, households, commercial constructions, and research & development units. In addition to this, these products are also used in various industrial applications. Launching of cost-effective solar thermal collectors along with escalating awareness pertaining to sustainable energy trends has resulted into large-scale sale of solar thermal collectors in the near future.

Global Solar Thermal Collector Market

Market Growth Drivers

Large-scale awareness pertaining to the benefits of the product is one of the major factors steering the expansion of solar thermal collectors industry over the forecast timeline. With need for reducing use of non-renewable sources of energy such as coal & crude oil for power production and massive trend towards green environment has culminated into huge growth of solar thermal collectors industry over the forecast timeframe. Thriving construction activities and surge in the rate of power supply along with the growing popularity of solar thermal collectors in domestic sector is predicted to culminate into huge market demand over the forecasting years.

Furthermore, easy availability of solar energy is predicted to produce escalating growth of solar thermal collectors industry over the forthcoming years. Nonetheless, lack of sun rays in many countries along with fluctuating climatic conditions across the globe will hamper the expansion of solar thermal collectors industry over the anticipated timeframe.

North America To Make Lucrative Contributions Towards Overall Industry Size By 2025

The expansion of solar thermal collectors industry in North American sub-continent over the forecast timeline is due to massive product use in the swimming pool heating as a result of cold temperature. Growing awareness pertaining to natural resource depletion with massive population rise resulting in high energy demand will produce lucrative growth opportunities for regional market over the anticipated timeline.

Key participants profiled in study are Solar Millennium AG, Alternate Energy Technologies, LLC, TVP Solar, SunMaxx Solar, Sun Master Energiesysteme GmbH, and Solar Skies Mfg., LLC.

The global solar thermal collectors market is segmented as follows:

By product:

  • Flat Plate
  • Concentrating
  • Non-Concentrating
  • Unglazed Water Collectors
  • Evacuated Tube
  • Air Collectors

By application:

  • Residential
  • Commercial
  • Industrial

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Sular Thermal Cullectors Market, 2015–2025 (USD Million)
    • 2.2. Sular Thermal Cullectors Market: Snapshot
  • Chapter 3. Global Sular Thermal Cullectors Market– Industry Analysis
    • 3.1. Sular Thermal Cullectors Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Large-scale awareness pertaining to the benefits of the product is one of the major factors steering the expansion of sular thermal cullectors industry over the forecast timeline.
      • 3.2.2. With need for reducing use of non-renewable sources of energy such as coal & crude oil for power production and massive trend towards green environment has culminated into huge growth of sular thermal cullectors industry over the forecast timeframe.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Product
      • 3.4.2. Market attractiveness analysis By Application
  • Chapter 4. Global Sular Thermal Cullectors Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Sular Thermal Cullectors Market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Sular Thermal Cullectors Market– Product Analysis
    • 5.1. Global Sular Thermal Cullectors Market overview: By Product
      • 5.1.1. Global Sular Thermal Cullectors Market share, By Product , 2018 and 2025
    • 5.2. Flat Plate
      • 5.2.1. Global Sular Thermal Cullectors Market By Flat Plate, 2015–2025 (USD Million)
    • 5.3. Concentrating
      • 5.3.1. Global Sular Thermal Cullectors Market By Concentrating, 2015–2025 (USD Million)
    • 5.4. Non-Concentrating
      • 5.4.1. Global Sular Thermal Cullectors Market By Non-Concentrating, 2015–2025 (USD Million)
    • 5.5. Unglazed Water Cullectors
      • 5.5.1. Global Sular Thermal Cullectors Market By Unglazed Water Cullectors, 2015–2025 (USD Million)
    • 5.6. Evacuated Tube
      • 5.6.1. Global Sular Thermal Cullectors Market By Evacuated Tube, 2015–2025 (USD Million)
    • 5.7. Air Cullectors
      • 5.7.1. Global Sular Thermal Cullectors Market By Air Cullectors, 2015–2025 (USD Million)
  • Chapter 6. Global Sular Thermal Cullectors Market– Application Analysis
    • 6.1. Global Sular Thermal Cullectors Market overview: By Application
      • 6.1.1. Global Sular Thermal Cullectors Market share, By Application, 2018 and 2025
    • 6.2. Residential
      • 6.2.1. Global Sular Thermal Cullectors Market By Residential, 2015–2025 (USD Million)
    • 6.3. Commercial
      • 6.3.1. Global Sular Thermal Cullectors Market By Commercial, 2015–2025 (USD Million)
    • 6.4. Industrial
      • 6.4.1. Global Sular Thermal Cullectors Market By Industrial, 2015–2025 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. TVP Sular
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Sular Millennium AG
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Sun Master Energiesysteme GmbH
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. Alternate Energy Technulogies, LLC
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. SunMaxx Sular
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. Sular Skies Mfg., LLC
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development

Methodology


Frequently Asked Questions

Large-scale awareness pertaining to the benefits of the product is one of the major factors steering the expansion of solar thermal collectors industry over the forecast timeline. With need for reducing use of non-renewable sources of energy such as coal & crude oil for power production and massive trend towards green environment has culminated into huge growth of solar thermal collectors industry over the forecast timeframe. Thriving construction activities and surge in the rate of power supply along with the growing popularity of solar thermal collectors in domestic sector is predicted to culminate into huge market demand over the forecasting years.

Furthermore, easy availability of solar energy is predicted to produce escalating growth of solar thermal collectors industry over the forthcoming years.  

According to Zion market research report, the global Solar Thermal Collectors Market, which accrued revenue worth nearly 4,595 (USD Million) in 2019 and is slated to garner earnings worth 5,508 (USD Million) by 2025, is set to grow at a CAGR of 2.7% during the period from 2019 to 2025.

North America is likely to make noteworthy contributions towards overall market revenue during forecast period. The regional market growth over 2019-2025 can be credited to massive product use in the swimming pool heating as a result of cold temperature. Growing awareness pertaining to natural resource depletion with massive population rise resulting in high energy demand will produce lucrative growth opportunities for regional market over the anticipated timeline.

The key players profiled in the report include BP P.L.C., ExxonMobil, Repsol, Norman Oils, Gulf Oil Lubricants India, Shell, Phillips 66, Schaeffer Manufacturing Co., Royal Precision Lubricants, Exol Lubricants, and Chevron.

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