Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Solar Thermal Collectors Market to reach USD 5345.26 million by 2026.

Global Solar Thermal Collectors Market Size study, By Product (Concentrating and Non- Concentrating), By Application (Residential, Commercial and Industrial) and Regional Forecasts 2019-2026

Product Code: EAPRE_31233258
Publish Date: 31-01-2020
Page: 200

Global Solar Thermal Collectors Market is valued approximately at USD 4491.19 million in 2018 and is anticipated to grow with a healthy growth rate of more than 2.20 % over the forecast period 2019-2026. Solar thermal collector collects heat by absorbing sunlight. A collector is a device for capturing solar radiation. Solar radiation is energy in the form of electromagnetic radiation from the infrared (long) to the ultraviolet (short) wavelengths. Further, Solar Thermal Collectors is being increasingly used in various applications such as residential, non-residential and utility sectors. The growth of the market is primarily driven by increasing awareness of the depleting non-renewable energy resources. For Instance: According to the United States Energy Information Administration (EIA) in 2018, the administration presented projects that CO2 emission is expected to increase by1.8 % from 5,143 million metric tons in 2017 to 5,237 million metric tons in 2018. As fossil fuel resources are depleting and results in GHG emissions hence, energy production from renewable sources are being explored. As a result, the adoption of solar thermal collectors would increase thereby, supplementing the growth of the market. However, the lack of sunlight in adequate quantity in several nations, owing to climatic conditions is one of the significant factors that is expected to restrict the growth of the overall market.

The regional analysis of global Solar Thermal Collectors market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is expected to hold a notable share in the world in terms of revenue owing to the high investments in solar energy plans to achieve a future with sustainable energy. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period.

Major market player included in this report are:
Apricus Solar Co. Ltd
Sunmaxx Solar
Alternate Energy Technologies, LLC
Ouraset Solar

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Non- Concentrating
By Application:
By Region:
North America
Asia Pacific
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Solar Thermal Collectors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)
1.2.1. Solar Thermal Collectors Market, by Region, 2017-2026 (USD Million)
1.2.2. Solar Thermal Collectors Market, by Type, 2017-2026 (USD Million)
1.2.3. Solar Thermal Collectors Market, by Application, 2017-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Solar Thermal Collectors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Solar Thermal Collectors Market Dynamics
3.1. Solar Thermal Collectors Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Solar Thermal Collectors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Solar Thermal Collectors Market, by Product
5.1. Market Snapshot
5.2. Global Solar Thermal Collectors Market by Product , Performance – Potential Analysis
5.3. Global Solar Thermal Collectors Market Estimates & Forecasts by Product , 2016-2026 (USD Million)
5.4. Solar Thermal Collectors Market, Sub Segment Analysis
5.4.1. Concentrating
5.4.2. Non- Concentrating
Chapter 6. Global Solar Thermal Collectors Market, by Application
6.1. Market Snapshot
6.2. Global Solar Thermal Collectors Market by Application, Performance – Potential Analysis
6.3. Global Solar Thermal Collectors Market Estimates & Forecasts by Application 2016-2026 (USD Million)
6.4. Solar Thermal Collectors Market, Sub Segment Analysis
6.4.1. Commercial
6.4.2. Residential
6.4.3. Industrial
Chapter 7. Global Solar Thermal Collectors Market, Regional Analysis
7.1. Solar Thermal Collectors Market, Regional Market Snapshot
7.2. North America Solar Thermal Collectors Market
7.2.1. U.S. Solar Thermal Collectors Market Type breakdown estimates & forecasts, 2016-2026 Application breakdown estimates & forecasts, 2016-2026
7.2.2. Canada Solar Thermal Collectors Market
7.3. Europe Solar Thermal Collectors Market Snapshot
7.3.1. U.K. Solar Thermal Collectors Market
7.3.2. Germany Solar Thermal Collectors Market
7.3.3. Rest of Europe Solar Thermal Collectors Market
7.4. Asia-Pacific Solar Thermal Collectors Market Snapshot
7.4.1. China Solar Thermal Collectors Market
7.4.2. India Solar Thermal Collectors Market
7.4.3. Japan Solar Thermal Collectors Market
7.4.4. Rest of Asia Pacific Solar Thermal Collectors Market
7.5. Latin America Solar Thermal Collectors Market Snapshot
7.5.1. Brazil Solar Thermal Collectors Market
7.5.2. Mexico Solar Thermal Collectors Market
7.6. Rest of The World Solar Thermal Collectors Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Apricus Solar Co. Ltd Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Sunmaxx Solar
8.2.3. HTP
8.2.4. Solimpeks
8.2.5. Alternate Energy Technologies, LLC
8.2.6. TIGI
8.2.7. Sunearth
8.2.8. Ouraset Solar
8.2.9. GreenoneTec
8.2.10. Solimpeks
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now