Global Solar Thermal Market Growth 2024-2030

Publication ID:

LPI08253134

Publication Date:

August 19, 2024

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

Solar 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.
The global Solar Thermal market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
The 鈥淪olar Thermal Industry Forecast鈥� looks at past sales and reviews total world Solar Thermal sales in 2023, providing a comprehensive analysis by region and market sector of projected Solar Thermal sales for 2024 through 2030. With Solar Thermal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Thermal industry.
This Insight Report provides a comprehensive analysis of the global Solar Thermal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solar Thermal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Solar Thermal market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Thermal and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Thermal.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.380 GW.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Thermal market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Concentrated Solar Thermal
Non-Concentrated Solar Thermal
Segmentation by application
Heat Generation
Power Generation
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abengoa
Bosch Thermotechnology
ACCIONA
GREENoneTEC
Viessmann
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar Thermal market?
What factors are driving Solar Thermal market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar Thermal market opportunities vary by end market size?
How does Solar Thermal break out type, application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solar Thermal Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Solar Thermal by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Solar Thermal by Country/Region, 2019, 2023 & 2030
2.2 Solar Thermal Segment by Type
2.2.1 Concentrated Solar Thermal
2.2.2 Non-Concentrated Solar Thermal
2.3 Solar Thermal Sales by Type
2.3.1 Global Solar Thermal Sales Market Share by Type (2019-2024)
2.3.2 Global Solar Thermal Revenue and Market Share by Type (2019-2024)
2.3.3 Global Solar Thermal Sale Price by Type (2019-2024)
2.4 Solar Thermal Segment by Application
2.4.1 Heat Generation
2.4.2 Power Generation
2.5 Solar Thermal Sales by Application
2.5.1 Global Solar Thermal Sale Market Share by Application (2019-2024)
2.5.2 Global Solar Thermal Revenue and Market Share by Application (2019-2024)
2.5.3 Global Solar Thermal Sale Price by Application (2019-2024)
3 Global Solar Thermal by Company
3.1 Global Solar Thermal Breakdown Data by Company
3.1.1 Global Solar Thermal Annual Sales by Company (2019-2024)
3.1.2 Global Solar Thermal Sales Market Share by Company (2019-2024)
3.2 Global Solar Thermal Annual Revenue by Company (2019-2024)
3.2.1 Global Solar Thermal Revenue by Company (2019-2024)
3.2.2 Global Solar Thermal Revenue Market Share by Company (2019-2024)
3.3 Global Solar Thermal Sale Price by Company
3.4 Key Manufacturers Solar Thermal Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Solar Thermal Product Location Distribution
3.4.2 Players Solar Thermal Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Solar Thermal by Geographic Region
4.1 World Historic Solar Thermal Market Size by Geographic Region (2019-2024)
4.1.1 Global Solar Thermal Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Solar Thermal Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Solar Thermal Market Size by Country/Region (2019-2024)
4.2.1 Global Solar Thermal Annual Sales by Country/Region (2019-2024)
4.2.2 Global Solar Thermal Annual Revenue by Country/Region (2019-2024)
4.3 Americas Solar Thermal Sales Growth
4.4 APAC Solar Thermal Sales Growth
4.5 Europe Solar Thermal Sales Growth
4.6 Middle East & Africa Solar Thermal Sales Growth
5 Americas
5.1 Americas Solar Thermal Sales by Country
5.1.1 Americas Solar Thermal Sales by Country (2019-2024)
5.1.2 Americas Solar Thermal Revenue by Country (2019-2024)
5.2 Americas Solar Thermal Sales by Type
5.3 Americas Solar Thermal Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solar Thermal Sales by Region
6.1.1 APAC Solar Thermal Sales by Region (2019-2024)
6.1.2 APAC Solar Thermal Revenue by Region (2019-2024)
6.2 APAC Solar Thermal Sales by Type
6.3 APAC Solar Thermal Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Solar Thermal by Country
7.1.1 Europe Solar Thermal Sales by Country (2019-2024)
7.1.2 Europe Solar Thermal Revenue by Country (2019-2024)
7.2 Europe Solar Thermal Sales by Type
7.3 Europe Solar Thermal Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solar Thermal by Country
8.1.1 Middle East & Africa Solar Thermal Sales by Country (2019-2024)
8.1.2 Middle East & Africa Solar Thermal Revenue by Country (2019-2024)
8.2 Middle East & Africa Solar Thermal Sales by Type
8.3 Middle East & Africa Solar Thermal Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Solar Thermal
10.3 Manufacturing Process Analysis of Solar Thermal
10.4 Industry Chain Structure of Solar Thermal
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Solar Thermal Distributors
11.3 Solar Thermal Customer
12 World Forecast Review for Solar Thermal by Geographic Region
12.1 Global Solar Thermal Market Size Forecast by Region
12.1.1 Global Solar Thermal Forecast by Region (2025-2030)
12.1.2 Global Solar Thermal Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Solar Thermal Forecast by Type
12.7 Global Solar Thermal Forecast by Application
13 Key Players Analysis
13.1 Abengoa
13.1.1 Abengoa Company Information
13.1.2 Abengoa Solar Thermal Product Portfolios and Specifications
13.1.3 Abengoa Solar Thermal Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Abengoa Main Business Overview
13.1.5 Abengoa Latest Developments
13.2 Bosch Thermotechnology
13.2.1 Bosch Thermotechnology Company Information
13.2.2 Bosch Thermotechnology Solar Thermal Product Portfolios and Specifications
13.2.3 Bosch Thermotechnology Solar Thermal Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Bosch Thermotechnology Main Business Overview
13.2.5 Bosch Thermotechnology Latest Developments
13.3 ACCIONA
13.3.1 ACCIONA Company Information
13.3.2 ACCIONA Solar Thermal Product Portfolios and Specifications
13.3.3 ACCIONA Solar Thermal Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 ACCIONA Main Business Overview
13.3.5 ACCIONA Latest Developments
13.4 GREENoneTEC
13.4.1 GREENoneTEC Company Information
13.4.2 GREENoneTEC Solar Thermal Product Portfolios and Specifications
13.4.3 GREENoneTEC Solar Thermal Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 GREENoneTEC Main Business Overview
13.4.5 GREENoneTEC Latest Developments
13.5 Viessmann
13.5.1 Viessmann Company Information
13.5.2 Viessmann Solar Thermal Product Portfolios and Specifications
13.5.3 Viessmann Solar Thermal Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Viessmann Main Business Overview
13.5.5 Viessmann Latest Developments
14 Research Findings and Conclusion

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