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Solar Thermal Market

Solar Thermal Market

Solar Thermal Market - Global Industry Assessment & Forecast

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Energy & Power
Number Of Pages # Pages:

150

Base Year:

2022

Date

Jan - 2023

Format:

PDF XLS PPT

Report Code:

VMR-1990

Segments Covered
  • By Applications By Applications Hot Water Systems, Solar Combi Systems, Swimming Pool Heating, Other Applications
  • By End Uses By End Uses Residential, Commercial, Industrial
  • By Collector Types By Collector Types Evacuated Tube Collector, Flat Plate Collector, Unglazed Water Collector, Air Collector System, Thermosiphon Solar Heating System, Pumped Solar Heating System
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 20.94 Billion
Revenue 2030Revenue 2030: USD 30.24 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 4.70%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Solar Thermal Market - Segment Analysis
    1. Overview
    2. Global Solar Thermal Market, 2016 - 2028 (USD Million)
    3. Global Solar Thermal Market - by Applications
      1. By Hot Water Systems
      2. By Solar Combi Systems
      3. By Swimming Pool Heating
      4. By Other Applications
    4. Global Solar Thermal Market - by End Uses
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Global Solar Thermal Market - by Collector Types
      1. By Evacuated Tube Collector
      2. By Flat Plate Collector
      3. By Unglazed Water Collector
      4. By Air Collector System
      5. By Thermosiphon Solar Heating System
      6. By Pumped Solar Heating System
    6. Global Solar Thermal Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Solar Thermal Market - Segment Analysis
    1. Overview
    2. North America Solar Thermal Market, 2016 - 2028 (USD Million)
    3. North America Solar Thermal Market, by Applications
      1. By Hot Water Systems
      2. By Solar Combi Systems
      3. By Swimming Pool Heating
      4. By Other Applications
    4. North America Solar Thermal Market, by End Uses
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. North America Solar Thermal Market, by Collector Types
      1. By Evacuated Tube Collector
      2. By Flat Plate Collector
      3. By Unglazed Water Collector
      4. By Air Collector System
      5. By Thermosiphon Solar Heating System
      6. By Pumped Solar Heating System
    6. North America Solar Thermal Market, by Country
      1. U.S.
        1. U.S. Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. U.S. Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. U.S. Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      2. Canada
        1. Canada Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Canada Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Canada Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      3. Mexico
        1. Mexico Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Mexico Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Mexico Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
  5. Europe Solar Thermal Market - Segment Analysis
    1. Overview
    2. Europe Solar Thermal Market, 2016 - 2028 (USD Million)
    3. Europe Solar Thermal Market, by Applications
      1. By Hot Water Systems
      2. By Solar Combi Systems
      3. By Swimming Pool Heating
      4. By Other Applications
    4. Europe Solar Thermal Market, by End Uses
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Europe Solar Thermal Market, by Collector Types
      1. By Evacuated Tube Collector
      2. By Flat Plate Collector
      3. By Unglazed Water Collector
      4. By Air Collector System
      5. By Thermosiphon Solar Heating System
      6. By Pumped Solar Heating System
    6. Europe Solar Thermal Market, by Country
      1. Germany
        1. Germany Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Germany Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Germany Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      2. UK
        1. UK Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. UK Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. UK Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      3. France
        1. France Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. France Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. France Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      4. Spain
        1. Spain Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Spain Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Spain Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      5. Italy
        1. Italy Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Italy Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Italy Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      6. BENELUX
        1. BENELUX Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. BENELUX Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. BENELUX Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      7. Rest of Europe
        1. Rest Of Europe Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Rest Of Europe Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Rest Of Europe Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
  6. Asia Pacific Solar Thermal Market - Segment Analysis
    1. Overview
    2. Asia Pacific Solar Thermal Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Solar Thermal Market, by Applications
      1. By Hot Water Systems
      2. By Solar Combi Systems
      3. By Swimming Pool Heating
      4. By Other Applications
    4. Asia Pacific Solar Thermal Market, by End Uses
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Asia Pacific Solar Thermal Market, by Collector Types
      1. By Evacuated Tube Collector
      2. By Flat Plate Collector
      3. By Unglazed Water Collector
      4. By Air Collector System
      5. By Thermosiphon Solar Heating System
      6. By Pumped Solar Heating System
    6. Asia Pacific Solar Thermal Market, by Country
      1. China
        1. China Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. China Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. China Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      2. Japan
        1. Japan Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Japan Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Japan Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      3. India
        1. India Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. India Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. India Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      4. South Korea
        1. South Korea Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. South Korea Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. South Korea Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      5. South East Asia
        1. South East Asia Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. South East Asia Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. South East Asia Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Rest of Asia Pacific Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Rest of Asia Pacific Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
  7. Latin America Solar Thermal Market - Segment Analysis
    1. Overview
    2. Latin America Solar Thermal Market, 2016 - 2028 (USD Million)
    3. Latin America Solar Thermal Market, by Applications
      1. By Hot Water Systems
      2. By Solar Combi Systems
      3. By Swimming Pool Heating
      4. By Other Applications
    4. Latin America Solar Thermal Market, by End Uses
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Latin America Solar Thermal Market, by Collector Types
      1. By Evacuated Tube Collector
      2. By Flat Plate Collector
      3. By Unglazed Water Collector
      4. By Air Collector System
      5. By Thermosiphon Solar Heating System
      6. By Pumped Solar Heating System
    6. Latin America Solar Thermal Market, by Country
      1. Brazil
        1. Brazil Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Brazil Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Brazil Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      2. Argentina
        1. Argentina Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Argentina Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Argentina Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      3. Rest of Latin America
        1. Rest of Latin America Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Rest of Latin America Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Rest of Latin America Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
  8. Middle East & Africa Solar Thermal Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Solar Thermal Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Solar Thermal Market, by Applications
      1. By Hot Water Systems
      2. By Solar Combi Systems
      3. By Swimming Pool Heating
      4. By Other Applications
    4. Middle East & Africa Solar Thermal Market, by End Uses
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Middle East & Africa Solar Thermal Market, by Collector Types
      1. By Evacuated Tube Collector
      2. By Flat Plate Collector
      3. By Unglazed Water Collector
      4. By Air Collector System
      5. By Thermosiphon Solar Heating System
      6. By Pumped Solar Heating System
    6. Middle East & Africa Solar Thermal Market, by Country
      1. GCC Countries
        1. GCC Countries Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. GCC Countries Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. GCC Countries Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      2. South Africa
        1. South Africa Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. South Africa Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. South Africa Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Solar Thermal Market, By Applications
          1. By Hot Water Systems
          2. By Solar Combi Systems
          3. By Swimming Pool Heating
          4. By Other Applications
        2. Rest of Middle East & Africa Solar Thermal Market, By End Uses
          1. By Residential
          2. By Commercial
          3. By Industrial
        3. Rest of Middle East & Africa Solar Thermal Market, By Collector Types
          1. By Evacuated Tube Collector
          2. By Flat Plate Collector
          3. By Unglazed Water Collector
          4. By Air Collector System
          5. By Thermosiphon Solar Heating System
          6. By Pumped Solar Heating System
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Solareast Holdings Co. Ltd. (China)
    2. Greenonetec Solarindustrie GmbH (Austria)
    3. BTE Solar Co. Ltd (China)
    4. Linuo Ritter International Co. Ltd. (China)
    5. Photon Energy Systems Limited (India)
    6. BrightSourcEnergy (US)
    7. Abengoa Solar (Spain)
    8. Siemens AG (Germany)
    9. Acciona (Spain)
    10. SolarReserve (US)
    11. Torresol Energy (Spain)
    12. Trivelli Energy (Italy)
    13. Sener (Spain)
    14. Lointek (Spain)
    15. SCHOTT (Germany)
    16. Abors Green GmbH (Germany)
    17. Liontek (US)
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
Vantage Market Research | 30-Jan-2023
Solar Thermal Market to Reach Valuation of USD 26.7 Billion by 2028 – Rise in Adoption of Clean Fuel Alternatives Drives the Market
FAQ
Frequently Asked Question

  • The global Solar Thermal valued at USD 20.94 Billion in 2022 and is expected to reach USD 30.24 Billion in 2030 growing at a CAGR of 4.70%.

  • The prominent players in the market are Solareast Holdings Co. Ltd. (China), Greenonetec Solarindustrie GmbH (Austria), BTE Solar Co. Ltd (China), Linuo Ritter International Co. Ltd. (China), Photon Energy Systems Limited (India), BrightSourcEnergy (US), Abengoa Solar (Spain), Siemens AG (Germany), Acciona (Spain), SolarReserve (US), Torresol Energy (Spain), Trivelli Energy (Italy), Sener (Spain), Lointek (Spain), SCHOTT (Germany), Abors Green GmbH (Germany), Liontek (US).

  • The market is project to grow at a CAGR of 4.70% between 2023 and 2030.

  • The driving factors of the Solar Thermal include

    • Increasing Construction Industry

  • Asia Pacific was the leading regional segment of the Solar Thermal in 2022.

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