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Solar Thermal Market

Solar thermal systems collect energy from sun and transform it into heat which is used to<br>raise the temperature of a heat transfer fluid. This fluid can be air, water or specially<br>designed fluid which can be directly used for hot water or space heating and cooling. Solar<br>thermal power or electric generation systems can collect and concentrate the sunlight to<br>generate high-temperature heat that is required to produce electricity.

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Solar Thermal Market

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  1. Opportunity Analysis and Industry Forecast, 2016-20237 Solar Thermal Market by Collector Type, by System, by Application, by End Use : Global Opportunity Analysis and Industry Forecast, 2021-2031 • Pages: 456 Tables: 386 Charts:60

  2. Global Solar Thermal Market Outlook (2021 – 2031) • Top Impacting Factors: • The solar thermal market size was valued at $21.5 billion in 2021, and solar thermal industry is estimated to reach $35.3 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031. • Solar thermal systems collect energy from sun and transform it into heat which is used to raise the temperature of a heat transfer fluid. • This fluid can be air, water or specially designed fluid which can be directly used for hot water or space heating and cooling. • The emergence of solar power as the most sustainable source of renewable energy will also boost the installation of solar thermal power plants worldwide. • Pages: 456 Tables: 386 Charts:60

  3. Global Solar Thermal Market Outlook (2021 – 2031) • Rise in prominence of solar space heating coupled with significant development of testing facilities for solar receiver tubes and other thermal components, will foster the solar thermal market trends. • The introduction of favorable schemes to encourage the installation of solar water heaters and heat pump technologies is projected to further amplify industry expansion in the upcoming years. • The most rising trend in the solar thermal market is the solar district heating system coupled with seasonal storage. • Pages: 456 Tables: 386 Charts:60

  4. Global Solar Thermal Market Outlook (2021 – 2031) • Key Findings of The Solar Thermal Market : • Asia-Pacific is expected to exhibit CAGR of 5.5% during 2022-2031. • As per global solar thermal market analysis, by collector type, the evacuated tube collector segment accounted for the largest share in 2021. • By system, thermosiphon solar heating system reforming was the leading segment in 2021. • By application, hot water system segment accounted for the largest market share in 2021. • By end use, residential had the largest market share in 2021. • Pages: 456 Tables: 386 Charts:60

  5. The key players profiled in the report include: • Photon Energy Systems Limited. • Abengoa Solar • SolarReserve • BrightSource Energy Sener • Acciona • Trivelli Energy • Lointek • Solareast Holdings Co. Ltd • Liontek • Linuo Ritter International Co. Ltd • Abors green GmbH Global Solar Thermal Market Outlook (2021 – 2031) • Pages: 456 Tables: 386 Charts:60

  6. Global Solar Thermal Market Outlook (2021– 2031) Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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