2018-2023 Solar Thermal Market Current Industry Shares in Power and Energy sector and Year-Over-Year Growth with CAGR of 3.43%

Solar Thermal

Solar Thermal market research is provided on past, current and anticipated market situations, market drivers, trends driving it, and the challenges faced by the market which will help marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors in deciding corporate strategy, product strategy, marketing strategy and sales strategy advisor in Power & Energy sector. The report also contains a comprehensive market coverage and vendor landscape in addition to a SWOT analysis of the key vendors. Industry experts project Solar Thermal market to grow at a  CAGR of 3.43% during the period 2018-2023.

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About Solar Thermal Technology
The solar thermal technology captures the solar radiation and uses the energy to produce electricity and heat. It is different from solar photovoltaic (PV) system where the electricity is directly produced from the solar radiation through solar panels. In solar thermal technology, the suns radiations are concentrated to heat a heat transfer fluid, which is then used to generate steam that runs the turbine to generate electricity. Solar thermal is also used for space heating purpose.

Industry analysts forecast the solar thermal Market in Europe to grow at a CAGR of 3.43% during the period 2018-2023.

Solar Thermal Market Trend, Challenge and Driver: –

Market driver

  • Change in energy mix
  • For a full, detailed list, view our report

Market challenge

  • Intermittency of solar resource
  • For a full, detailed list, view our report

Market trend

  • Emergence of smart cities
  • For a full, detailed list, view our report

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Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies. Key vendors operating in # market space are 

  • Abengoa, ACCIONA, Bosch Thermotechnology, GREENoneTEC, Viessmann

Geographic Segmentation: – APAC, Europe, North America and others.

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Some key points of Solar Thermal Market research report: –

  • Industry Overview: Definition, Brief Introduction of Major Classifications, Applications, Major Regions.
  • Production Market Analysis: Global Solar Thermal Market Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis, Major Manufacturers Performance and Market Share, Regional Market Performance and Market Share.
  • Sales Market Analysis: Global Solar Thermal Sales Volume, Sales Price and Sales Revenue Analysis, Regional Sales Market Analysis.
  • Consumption Market Analysis: Global Solar Thermal Consumption Volume Analysis, Regional Consumption Market Analysis, Regional Market Performance and Market Share.
  • Production, Sales and Consumption Market Comparison Analysis: By Regional Solar Thermal Market Performance and Market Share.
  • Major Manufacturers Production and Sales Market Comparison Analysis: Global and Regional Major Manufacturers Production and Sales Market Comparison Analysis

This report provides new business dimensions with an eye on growth opportunities and contribution of upcoming market segments.