Solar Thermal Collectors Market, By Type (Concentrating, Non-Concentrating, Flat Plate Collector, Evacuated Tube, Unglazed Water Collector, and Air Collector), By Application (Residential, Commercial, and Industrial), By Geography (North America, Latin Am

Solar Thermal Collectors Market, By Type (Concentrating, Non-Concentrating, Flat Plate Collector, Evacuated Tube, Unglazed Water Collector, and Air Collector), By Application (Residential, Commercial, and Industrial), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


Solar thermal collectors convert sunlight into usable thermal energy through a process of absorption, transfer, and storage of solar heat. These collectors are most commonly used for water and space heating purposes in the residential and commercial sectors. The global solar thermal collectors market has been witnessing steady growth over the past few years owing to supportive government policies promoting renewable energy and increasing awareness about eco-friendly energy solutions. Countries across Asia Pacific, Europe, and Latin America have implemented conducive regulations providing subsidies and tax benefits for the installation of solar thermal systems. Moreover, technological advancements have led to the development of more efficient collectors with lower costs.

Market Dynamics:

The global solar thermal collectors market is driven by supportive regulatory policies promoting renewable energy sources, rising electricity prices,growing environmental concerns regarding greenhouse gas emissions from conventional sources, and increasing adoption of solar projects in the industrial and commercial sectors. However, high initial installation costs, availability of lower-priced substitutes such as air-source heat pumps, and intermittency of solar energy continue to restrain the market growth. Opportunities for market expansion lies in R&D to develop advanced materials for cost-effective collectors, integration of thermal energy storage technologies, and favorable renewable portfolio standards in many nations aiming for net-zero emission targets.

Key Features of the Study:
  • This report provides in-depth analysis of the global solar thermal collectors market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global solar thermal collectors market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Alternate Energy Technologies LLC., TVP Solar , Ouraset, SunEarth, Greenonetec Solarindustrie GMBH, Absolicon Solar Collector AB, Sunerg Solar s.r.l. , Solimpeks, Heliodyne Inc., HTP Comfort Solutions LLC, Photon Energy Systems Limited, Solareast Holdings Co Ltd., Greenonetec Solarindustrie GmBH, BTE Solar Co Ltd., and Linuo Ritter International Co. Ltd
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global solar thermal collectors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global solar thermal collectors market
Detailed Segmentation-
  • By Type:
  • Concentrating
  • Non-Concentrating
  • Flat Plate Collector
  • Evacuated Tube
  • Unglazed Water Collector
  • Air Collector
  • By Application:
  • Residential
  • Commercial
  • Industrial
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Company Profiles:
  • Alternate Energy Technologies LLC.
  • TVP Solar
  • Ouraset
  • SunEarth
  • Greenonetec Solarindustrie GMBH
  • Absolicon Solar Collector AB
  • Sunerg Solar s.r.l.
  • Solimpeks
  • Heliodyne Inc.
  • HTP Comfort Solutions LLC
  • Photon Energy Systems Limited
  • Solareast Holdings Co Ltd.
  • Greenonetec Solarindustrie GmBH
  • BTE Solar Co Ltd.
  • Linuo Ritter International Co. Ltd


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Solar Thermal Collectors Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Solar Thermal Collectors Market
Impact Analysis
5. Global Solar Thermal Collectors Market, By Type, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Concentrating
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Non-Concentrating
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Flat Plate Collector
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Evacuated Tube
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Unglazed Water Collector
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Air Collector
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
6. Global Solar Thermal Collectors Market, By Application, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Residential
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Commercial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
7. Global Solar Thermal Collectors Market, By Region, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020-2031
North America
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn))
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
GCC Countries
Israel
Rest of Middle East & Africa
8. Competitive Landscape
Market Share Analysis
Company Profiles
Alternate Energy Technologies LLC.
Company Overview
Type Portfolio
Recent Developments/Updates
TVP Solar
Company Overview
Type Portfolio
Recent Developments/Updates
Ouraset
Company Overview
Type Portfolio
Recent Developments/Updates
SunEarth
Company Overview
Type Portfolio
Recent Developments/Updates
Greenonetec Solarindustrie GMBH
Company Overview
Type Portfolio
Recent Developments/Updates
Absolicon Solar Collector AB
Company Overview
Type Portfolio
Recent Developments/Updates
Sunerg Solar s.r.l.
Company Overview
Type Portfolio
Recent Developments/Updates
Solimpeks
Company Overview
Type Portfolio
Recent Developments/Updates
Heliodyne Inc.
Company Overview
Type Portfolio
Recent Developments/Updates
HTP Comfort Solutions LLC
Company Overview
Type Portfolio
Recent Developments/Updates
Photon Energy Systems Limited
Company Overview
Type Portfolio
Recent Developments/Updates
Solareast Holdings Co Ltd.
Company Overview
Type Portfolio
Recent Developments/Updates
Greenonetec Solarindustrie GmBH
Company Overview
Type Portfolio
Recent Developments/Updates
BTE Solar Co Ltd.
Company Overview
Type Portfolio
Recent Developments/Updates
Linuo Ritter International Co. Ltd
Company Overview
Type Portfolio
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
* Browse 25 market data tables* and 20 figures* on “Global Solar Thermal Collectors Market” - Global forecast to 2031.

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