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Download Free sampleSolar thermal energy concentrates sun rays on a heat transfer fluid to produce steam. This steam is then converted into mechanical energy in a turbine that turns a generator to produce electricity. It is different from solar photovoltaic (PV) systems, wherein the electricity is produced directly from solar radiation using solar panels.
Solar Thermal Market contains market size and forecasts of Solar Thermal in global, including the following market information:
Global Solar Thermal Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Solar Thermal Market Sales, 2017-2022, 2023-2028, (KW)
Global top five Solar Thermal companies in 2021 (%)
The global Solar Thermal market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Concentrated Solar Thermal Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Solar Thermal include Abengoa, Bosch Thermotechnology, ACCIONA, GREENoneTEC and Viessmann, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Solar Thermal manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar Thermal Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (KW)
Global Solar Thermal Market Segment Percentages, by Type, 2021 (%)
Concentrated Solar Thermal
Non-Concentrated Solar Thermal
Global Solar Thermal Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (KW)
Global Solar Thermal Market Segment Percentages, by Application, 2021 (%)
Heat Generation
Power Generation
Global Solar Thermal Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (KW)
Global Solar Thermal Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Solar Thermal revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Solar Thermal revenues share in global market, 2021 (%)
Key companies Solar Thermal sales in global market, 2017-2022 (Estimated), (KW)
Key companies Solar Thermal sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Abengoa
Bosch Thermotechnology
ACCIONA
GREENoneTEC
Viessmann
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
