Concentrating Solar Collectors Market 2024-2028
The concentrating solar collectors market is forecasted to grow by USD 3208.3 mn during 2023-2028, accelerating at a CAGR of 10.4% during the forecast period. The report on the concentrating solar collectors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in renewable energy sector, development of zero-energy buildings, and favorable government regulations related to concentrating solar collectors.
Technavio's concentrating solar collectors market is segmented as below:
- By End-user
- Industrial
- Commercial
- Residential
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the emergence of smart cities as one of the prime reasons driving the concentrating solar collectors market growth during the next few years. Also, adoption of solar hybrid pvt collectors and increase in new product developments in concentrating solar collectors will lead to sizable demand in the market.
The report on the concentrating solar collectors market covers the following areas:
- Concentrating Solar Collectors Market sizing
- Concentrating Solar Collectors Market forecast
- Concentrating Solar Collectors Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading concentrating solar collectors market vendors that include Ariston Holding NV, Canadian Solar Inc., CENTROTEC SE, First Solar Inc., Grammer Solar, GREENoneTEC Solarindustrie GmbH, Himin Solar Co. Ltd., JinkoSolar Holding Co. Ltd., juwi AG, Kingspan Group Plc, Linuo Paradigma Co. Ltd., Nobel International EAD, Sharp Corp., Solar Module SA de CV Av, SUNRAIN, Sunshore Solar Energy Co.Ltd., Trina Solar Co. Ltd., Viessmann Werke GmbH and Co. KG, Wuxi Suntech Power Co. Ltd., and Yingli Green Energy Holding Co. Ltd.. Also, the concentrating solar collectors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.