Solar Thermal Market In Europe 2024-2028

Solar Thermal Market In Europe 2024-2028


The solar thermal market in Europe is forecasted to grow by USD 2638.5 mn during 2023-2028, accelerating at a CAGR of 7.81% during the forecast period. The report on the solar thermal market in Europe 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 demand for CSP, change in energy mix in european countries, and development of zero-energy buildings.

Technavio's solar thermal market in Europe is segmented as below:

By Technology
  • Low and medium-temperature
  • High temperature
By Application
  • Heat generation
  • Power generation
By Geographical Landscape
  • Europe
This study identifies the emergence of smart cities as one of the prime reasons driving the solar thermal market in Europe growth during the next few years. Also, hybrid photovoltaic thermal (PVT) collectors and solar thermal-enhanced oil recovery will lead to sizable demand in the market.

The report on the solar thermal market in Europe covers the following areas:
  • Solar thermal market in Europe sizing
  • Solar thermal market in Europe forecast
  • Solar thermal market in Europe 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 solar thermal market in Europe vendors that include Aalborg CSP, Abengoa SA, Acciona SA, ACS Actividades de Construccion Y Servicios SA, Atlantica Sustainable Infrastructure PLC, BrightSource Energy Inc., CGC SAMCA, Cosmosolar Ltd, DEL PASO SOLAR SL, DIMAS SA, FRENELL GmbH, GREENoneTEC Solarindustrie GmbH, Greenville Energy and Research Inc., Hewalex Sp. z o. o. Sp.k., Nobel International EAD, PHOENIX SonnenWarme AG, Robert Bosch GmbH, SENER GRUPO DE INGENIERIA SA, Vaillant GmbH, and Viessmann Climate Solutions SE. Also, the solar thermal market in Europe 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 research - both primary and secondary. 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 the accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on Europe: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
4 Historic Market Size
4.1 Solar Thermal Market in Europe 2018 - 2022
Historic Market Size - Data Table on Solar Thermal Market in Europe 2018 - 2022 ($ million)
4.2 Technology segment analysis 2018 - 2022
Historic Market Size - Technology Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Technology
6.1 Market segments
Chart on Technology - Market share 2023-2028 (%)
Data Table on Technology - Market share 2023-2028 (%)
6.2 Comparison by Technology
Chart on Comparison by Technology
Data Table on Comparison by Technology
6.3 Low and medium temperature - Market size and forecast 2023-2028
Chart on Low and medium temperature - Market size and forecast 2023-2028 ($ million)
Data Table on Low and medium temperature - Market size and forecast 2023-2028 ($ million)
Chart on Low and medium temperature - Year-over-year growth 2023-2028 (%)
Data Table on Low and medium temperature - Year-over-year growth 2023-2028 (%)
6.4 High temperature - Market size and forecast 2023-2028
Chart on High temperature - Market size and forecast 2023-2028 ($ million)
Data Table on High temperature - Market size and forecast 2023-2028 ($ million)
Chart on High temperature - Year-over-year growth 2023-2028 (%)
Data Table on High temperature - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Technology
Market opportunity by Technology ($ million)
Data Table on Market opportunity by Technology ($ million)
7 Market Segmentation by Application
7.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
7.3 Heat generation - Market size and forecast 2023-2028
Chart on Heat generation - Market size and forecast 2023-2028 ($ million)
Data Table on Heat generation - Market size and forecast 2023-2028 ($ million)
Chart on Heat generation - Year-over-year growth 2023-2028 (%)
Data Table on Heat generation - Year-over-year growth 2023-2028 (%)
7.4 Power generation - Market size and forecast 2023-2028
Chart on Power generation - Market size and forecast 2023-2028 ($ million)
Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
Chart on Power generation - Year-over-year growth 2023-2028 (%)
Data Table on Power generation - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.4 Spain - Market size and forecast 2023-2028
Chart on Spain - Market size and forecast 2023-2028 ($ million)
Data Table on Spain - Market size and forecast 2023-2028 ($ million)
Chart on Spain - Year-over-year growth 2023-2028 (%)
Data Table on Spain - Year-over-year growth 2023-2028 (%)
9.5 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ million)
Data Table on France - Market size and forecast 2023-2028 ($ million)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
9.6 Italy - Market size and forecast 2023-2028
Chart on Italy - Market size and forecast 2023-2028 ($ million)
Data Table on Italy - Market size and forecast 2023-2028 ($ million)
Chart on Italy - Year-over-year growth 2023-2028 (%)
Data Table on Italy - Year-over-year growth 2023-2028 (%)
9.7 Rest of Europe - Market size and forecast 2023-2028
Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Aalborg CSP
Aalborg CSP - Overview
Aalborg CSP - Product / Service
Aalborg CSP - Key offerings
12.4 Abengoa SA
Abengoa SA - Overview
Abengoa SA - Product / Service
Abengoa SA - Key offerings
12.5 Acciona SA
Acciona SA - Overview
Acciona SA - Business segments
Acciona SA - Key news
Acciona SA - Key offerings
Acciona SA - Segment focus
12.6 ACS Actividades de Construccion Y Servicios SA
ACS Actividades de Construccion Y Servicios SA - Overview
ACS Actividades de Construccion Y Servicios SA - Business segments
ACS Actividades de Construccion Y Servicios SA - Key offerings
ACS Actividades de Construccion Y Servicios SA - Segment focus
12.7 BrightSource Energy Inc.
BrightSource Energy Inc. - Overview
BrightSource Energy Inc. - Product / Service
BrightSource Energy Inc. - Key offerings
12.8 CGC SAMCA
CGC SAMCA - Overview
CGC SAMCA - Product / Service
CGC SAMCA - Key offerings
12.9 Cosmosolar Ltd
Cosmosolar Ltd - Overview
Cosmosolar Ltd - Product / Service
Cosmosolar Ltd - Key offerings
12.10 DEL PASO SOLAR SL
DEL PASO SOLAR SL - Overview
DEL PASO SOLAR SL - Product / Service
DEL PASO SOLAR SL - Key offerings
12.11 DIMAS SA
DIMAS SA - Overview
DIMAS SA - Product / Service
DIMAS SA - Key offerings
12.12 FRENELL GmbH
FRENELL GmbH - Overview
FRENELL GmbH - Product / Service
FRENELL GmbH - Key offerings
12.13 GREENoneTEC Solarindustrie GmbH
GREENoneTEC Solarindustrie GmbH - Overview
GREENoneTEC Solarindustrie GmbH - Product / Service
GREENoneTEC Solarindustrie GmbH - Key offerings
12.14 Greenville Energy and Research Inc.
Greenville Energy and Research Inc. - Overview
Greenville Energy and Research Inc. - Product / Service
Greenville Energy and Research Inc. - Key offerings
12.15 Hewalex Sp. z o. o. Sp.k.
Hewalex Sp. z o. o. Sp.k. - Overview
Hewalex Sp. z o. o. Sp.k. - Product / Service
Hewalex Sp. z o. o. Sp.k. - Key offerings
12.16 PHOENIX SonnenWarme AG
PHOENIX SonnenWarme AG - Overview
PHOENIX SonnenWarme AG - Product / Service
PHOENIX SonnenWarme AG - Key offerings
12.17 Robert Bosch GmbH
Robert Bosch GmbH - Overview
Robert Bosch GmbH - Product / Service
Robert Bosch GmbH - Key news
Robert Bosch GmbH - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Technology
Exhibits6: Executive Summary - Chart on Market Segmentation by Application
Exhibits7: Executive Summary - Chart on Incremental Growth
Exhibits8: Executive Summary - Data Table on Incremental Growth
Exhibits9: Executive Summary - Chart on Company Market Positioning
Exhibits10: Parent Market
Exhibits11: Data Table on - Parent Market
Exhibits12: Market characteristics analysis
Exhibits13: Value Chain Analysis
Exhibits14: Offerings of companies included in the market definition
Exhibits15: Market segments
Exhibits16: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits18: Chart on Europe: Year-over-year growth 2023-2028 (%)
Exhibits19: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits20: Historic Market Size - Data Table on Solar Thermal Market in Europe 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Technology Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits24: Five forces analysis - Comparison between 2023 and 2028
Exhibits25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits30: Chart on Market condition - Five forces 2023 and 2028
Exhibits31: Chart on Technology - Market share 2023-2028 (%)
Exhibits32: Data Table on Technology - Market share 2023-2028 (%)
Exhibits33: Chart on Comparison by Technology
Exhibits34: Data Table on Comparison by Technology
Exhibits35: Chart on Low and medium temperature - Market size and forecast 2023-2028 ($ million)
Exhibits36: Data Table on Low and medium temperature - Market size and forecast 2023-2028 ($ million)
Exhibits37: Chart on Low and medium temperature - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Low and medium temperature - Year-over-year growth 2023-2028 (%)
Exhibits39: Chart on High temperature - Market size and forecast 2023-2028 ($ million)
Exhibits40: Data Table on High temperature - Market size and forecast 2023-2028 ($ million)
Exhibits41: Chart on High temperature - Year-over-year growth 2023-2028 (%)
Exhibits42: Data Table on High temperature - Year-over-year growth 2023-2028 (%)
Exhibits43: Market opportunity by Technology ($ million)
Exhibits44: Data Table on Market opportunity by Technology ($ million)
Exhibits45: Chart on Application - Market share 2023-2028 (%)
Exhibits46: Data Table on Application - Market share 2023-2028 (%)
Exhibits47: Chart on Comparison by Application
Exhibits48: Data Table on Comparison by Application
Exhibits49: Chart on Heat generation - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on Heat generation - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on Heat generation - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Heat generation - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on Power generation - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
Exhibits57: Market opportunity by Application ($ million)
Exhibits58: Data Table on Market opportunity by Application ($ million)
Exhibits59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits60: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits61: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits62: Chart on Geographic comparison
Exhibits63: Data Table on Geographic comparison
Exhibits64: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits65: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits66: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits67: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits68: Chart on Spain - Market size and forecast 2023-2028 ($ million)
Exhibits69: Data Table on Spain - Market size and forecast 2023-2028 ($ million)
Exhibits70: Chart on Spain - Year-over-year growth 2023-2028 (%)
Exhibits71: Data Table on Spain - Year-over-year growth 2023-2028 (%)
Exhibits72: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibits73: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibits74: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits75: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits76: Chart on Italy - Market size and forecast 2023-2028 ($ million)
Exhibits77: Data Table on Italy - Market size and forecast 2023-2028 ($ million)
Exhibits78: Chart on Italy - Year-over-year growth 2023-2028 (%)
Exhibits79: Data Table on Italy - Year-over-year growth 2023-2028 (%)
Exhibits80: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Exhibits81: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Exhibits82: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits83: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits84: Market opportunity By Geographical Landscape ($ million)
Exhibits85: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits86: Impact of drivers and challenges in 2023 and 2028
Exhibits87: Overview on criticality of inputs and factors of differentiation
Exhibits88: Overview on factors of disruption
Exhibits89: Impact of key risks on business
Exhibits90: Companies covered
Exhibits91: Matrix on companies position and classification
Exhibits92: Aalborg CSP - Overview
Exhibits93: Aalborg CSP - Product / Service
Exhibits94: Aalborg CSP - Key offerings
Exhibits95: Abengoa SA - Overview
Exhibits96: Abengoa SA - Product / Service
Exhibits97: Abengoa SA - Key offerings
Exhibits98: Acciona SA - Overview
Exhibits99: Acciona SA - Business segments
Exhibits100: Acciona SA - Key news
Exhibits101: Acciona SA - Key offerings
Exhibits102: Acciona SA - Segment focus
Exhibits103: ACS Actividades de Construccion Y Servicios SA - Overview
Exhibits104: ACS Actividades de Construccion Y Servicios SA - Business segments
Exhibits105: ACS Actividades de Construccion Y Servicios SA - Key offerings
Exhibits106: ACS Actividades de Construccion Y Servicios SA - Segment focus
Exhibits107: BrightSource Energy Inc. - Overview
Exhibits108: BrightSource Energy Inc. - Product / Service
Exhibits109: BrightSource Energy Inc. - Key offerings
Exhibits110: CGC SAMCA - Overview
Exhibits111: CGC SAMCA - Product / Service
Exhibits112: CGC SAMCA - Key offerings
Exhibits113: Cosmosolar Ltd - Overview
Exhibits114: Cosmosolar Ltd - Product / Service
Exhibits115: Cosmosolar Ltd - Key offerings
Exhibits116: DEL PASO SOLAR SL - Overview
Exhibits117: DEL PASO SOLAR SL - Product / Service
Exhibits118: DEL PASO SOLAR SL - Key offerings
Exhibits119: DIMAS SA - Overview
Exhibits120: DIMAS SA - Product / Service
Exhibits121: DIMAS SA - Key offerings
Exhibits122: FRENELL GmbH - Overview
Exhibits123: FRENELL GmbH - Product / Service
Exhibits124: FRENELL GmbH - Key offerings
Exhibits125: GREENoneTEC Solarindustrie GmbH - Overview
Exhibits126: GREENoneTEC Solarindustrie GmbH - Product / Service
Exhibits127: GREENoneTEC Solarindustrie GmbH - Key offerings
Exhibits128: Greenville Energy and Research Inc. - Overview
Exhibits129: Greenville Energy and Research Inc. - Product / Service
Exhibits130: Greenville Energy and Research Inc. - Key offerings
Exhibits131: Hewalex Sp. z o. o. Sp.k. - Overview
Exhibits132: Hewalex Sp. z o. o. Sp.k. - Product / Service
Exhibits133: Hewalex Sp. z o. o. Sp.k. - Key offerings
Exhibits134: PHOENIX SonnenWarme AG - Overview
Exhibits135: PHOENIX SonnenWarme AG - Product / Service
Exhibits136: PHOENIX SonnenWarme AG - Key offerings
Exhibits137: Robert Bosch GmbH - Overview
Exhibits138: Robert Bosch GmbH - Product / Service
Exhibits139: Robert Bosch GmbH - Key news
Exhibits140: Robert Bosch GmbH - Key offerings
Exhibits141: Inclusions checklist
Exhibits142: Exclusions checklist
Exhibits143: Currency conversion rates for US$
Exhibits144: Research methodology
Exhibits145: Information sources
Exhibits146: Data validation
Exhibits147: Validation techniques employed for market sizing
Exhibits148: Data synthesis
Exhibits149: 360 degree market analysis
Exhibits150: List of abbreviations

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