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Solar thermal market, Evolving Opportunities with Acciona SA and Actividades de Construccion y Servicios SA - Technavio

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- The solar thermal market is poised to grow by 167187.58 MW during 2021-2026, at a CAGR of 5.71% during the forecast period. The market is driven by the rise in investments in renewable energy. In addition, the solar thermal enhanced oil recovery is anticipated to boost the growth of the Solar Thermal Market. The report extensively covers solar thermal market segmentation by application (heat generation and power generation) and geography (North America, APAC, Europe, the Middle East and Africa, and South America). Request Free Sample Report.

Technavio has announced its latest market research report titled Global Solar Thermal Market 2022-2026

Solar Thermal Companies:
  • Acciona SA
  • Actividades de Construccion y Servicios SA
  • BrightSource Energy Inc
  • ContourGlobal Plc
  • Cosmosolar Ltd
  • DEL PASO SOLAR SL
  • Elianto Srl
  • ENGIE SA
  • General Electric Co
  • GlassPoint
  • GREENoneTEC Solarindustrie GmbH
  • Heliodyne Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Solar Thermal Market Segmentation
  • Application 
    • Heat Generation
    • Power Generation
  • Geography 
    • North America
    • APAC
    • Europe
    • The Middle East And Africa
    • South America

The rise in investments in renewable energy, and thermal energy storage increases the operational time of CSP and the global energy transition will offer immense growth opportunities. However, the technical challenges associated with solar thermal technology, the decline in crude oil prices, and the intermittency of solar resources will challenge the growth of the market participants.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Solar Thermal Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our solar thermal market report covers the following areas:

  • Solar Thermal Market size
  • Solar Thermal Market trends
  • Solar Thermal Market industry analysis

This study identifies solar thermal enhanced oil recovery as one of the prime reasons driving the solar thermal market growth during the next few years. Download Free Sample Report.

Solar Thermal Market Key Highlights
  • CAGR of the market during the forecast period
  • Detailed information on factors that will assist solar thermal market growth during the next five years
  • Estimation of the solar thermal market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the solar thermal market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of solar thermal market vendors

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Solar Thermal Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.71%

Market growth 2022-2026

167187.58 MW

Market structure

Fragmented

YoY growth (%)

5.27

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 32%

Key consumer countries

US, Turkey, China, Germany, and Brazil

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Acciona SA, Actividades de Construccion y Servicios SA, BrightSource Energy Inc, ContourGlobal Plc, Cosmosolar Ltd, DEL PASO SOLAR SL, Elianto Srl, ENGIE SA, General Electric Co, GlassPoint, GREENoneTEC Solarindustrie GmbH, Heliodyne Inc., Nextera Energy Inc., Nobel International EAD, RIOGLASS SOLAR HOLDING SA, SR Energy, SunEarth Inc, SunMaxx Solar, TVP Solar, and Vaillant Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (MW)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (MW)
    • Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments 
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application 
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Heat generation - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Heat generation - Market size and forecast 2021-2026 (MW)
    • Exhibit 29: Data Table on Heat generation - Market size and forecast 2021-2026 (MW)
    • Exhibit 30: Chart on Heat generation - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Heat generation - Year-over-year growth 2021-2026 (%)
  • 5.4 Power generation - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Power generation - Market size and forecast 2021-2026 (MW)
    • Exhibit 33: Data Table on Power generation - Market size and forecast 2021-2026 (MW)
    • Exhibit 34: Chart on Power generation - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Power generation - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Application 
    • Exhibit 36: Market opportunity by Application (MW)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 (MW)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 (MW)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 (MW)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 (MW)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 (MW)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 (MW)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 (MW)
    • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (MW)
    • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 (MW)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 (MW)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 62: Chart on China - Market size and forecast 2021-2026 (MW)
    • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 (MW)
    • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 (MW)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 (MW)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.10 Turkey - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Turkey - Market size and forecast 2021-2026 (MW)
    • Exhibit 71: Data Table on Turkey - Market size and forecast 2021-2026 (MW)
    • Exhibit 72: Chart on Turkey - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Turkey - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 (MW)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 (MW)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 Brazil - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Brazil - Market size and forecast 2021-2026 (MW)
    • Exhibit 79: Data Table on Brazil - Market size and forecast 2021-2026 (MW)
    • Exhibit 80: Chart on Brazil - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 82: Market opportunity by geography (MW)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Acciona SA 
    • Exhibit 89: Acciona SA - Overview
    • Exhibit 90: Acciona SA - Business segments
    • Exhibit 91: Acciona SA - Key news
    • Exhibit 92: Acciona SA - Key offerings
    • Exhibit 93: Acciona SA - Segment focus
  • 10.4 BrightSource Energy Inc 
    • Exhibit 94: BrightSource Energy Inc - Overview
    • Exhibit 95: BrightSource Energy Inc - Product / Service
    • Exhibit 96: BrightSource Energy Inc - Key offerings
  • 10.5 Elianto Srl 
    • Exhibit 97: Elianto Srl - Overview
    • Exhibit 98: Elianto Srl - Product / Service
    • Exhibit 99: Elianto Srl - Key offerings
  • 10.6 ENGIE SA 
    • Exhibit 100: ENGIE SA - Overview
    • Exhibit 101: ENGIE SA - Business segments
    • Exhibit 102: ENGIE SA - Key offerings
    • Exhibit 103: ENGIE SA - Segment focus
  • 10.7 General Electric Co 
    • Exhibit 104: General Electric Co - Overview
    • Exhibit 105: General Electric Co - Business segments
    • Exhibit 106: General Electric Co - Key news
    • Exhibit 107: General Electric Co - Key offerings
    • Exhibit 108: General Electric Co - Segment focus
  • 10.8 GREENoneTEC Solarindustrie GmbH 
    • Exhibit 109: GREENoneTEC Solarindustrie GmbH - Overview
    • Exhibit 110: GREENoneTEC Solarindustrie GmbH - Product / Service
    • Exhibit 111: GREENoneTEC Solarindustrie GmbH - Key offerings
  • 10.9 Nobel International EAD 
    • Exhibit 112: Nobel International EAD - Overview
    • Exhibit 113: Nobel International EAD - Product / Service
    • Exhibit 114: Nobel International EAD - Key offerings
  • 10.10 SunEarth Inc 
    • Exhibit 115: SunEarth Inc - Overview
    • Exhibit 116: SunEarth Inc - Product / Service
    • Exhibit 117: SunEarth Inc - Key offerings
  • 10.11 SunMaxx Solar 
    • Exhibit 118: SunMaxx Solar - Overview
    • Exhibit 119: SunMaxx Solar - Product / Service
    • Exhibit 120: SunMaxx Solar - Key offerings
  • 10.12 Vaillant Group 
    • Exhibit 121: Vaillant Group - Overview
    • Exhibit 122: Vaillant Group - Product / Service
    • Exhibit 123: Vaillant Group - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 124: Inclusions checklist
    • Exhibit 125: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 126: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 127: Research methodology
    • Exhibit 128: Validation techniques employed for market sizing
    • Exhibit 129: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 130: List of abbreviations
About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Solar Thermal Market 2022-2026

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