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Solar Thermal Market in Europe 2024-2028

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    Report

  • 148 Pages
  • June 2024
  • Region: Europe
  • TechNavio
  • ID: 5237574
1h Free Analyst Time
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Emergence of Smart Cities is a Key Trend Gaining Market Momentum

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The solar thermal market in Europe is forecasted to grow by USD 2.63 billion during 2023-2028, accelerating at a CAGR of 7.81% during the forecast period. The report on the solar thermal market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for CSP, change in energy mix in european countries, and development of zero-energy buildings.

The solar thermal market in Europe is segmented as below:

By Technology

  • Low and medium-temperature
  • High temperature

By Application

  • Heat generation
  • Power generation

By Geographical Landscape

  • Europe
This study identifies the emergence of smart cities as one of the prime reasons driving the solar thermal market in Europe growth during the next few years. Also, hybrid photovoltaic thermal (PVT) collectors and solar thermal-enhanced oil recovery will lead to sizable demand in the market.

The report on the solar thermal market in Europe covers the following areas:

  • Solar thermal market in Europe sizing
  • Solar thermal market in Europe forecast
  • Solar thermal market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar thermal market in Europe vendors that include Aalborg CSP, Abengoa SA, Acciona SA, ACS Actividades de Construccion Y Servicios SA, Atlantica Sustainable Infrastructure PLC, BrightSource Energy Inc., CGC SAMCA, Cosmosolar Ltd, DEL PASO SOLAR SL, DIMAS SA, FRENELL GmbH, GREENoneTEC Solarindustrie GmbH, Greenville Energy and Research Inc., Hewalex Sp. z o. o. Sp.k., Nobel International EAD, PHOENIX SonnenWarme AG, Robert Bosch GmbH, SENER GRUPO DE INGENIERIA SA, Vaillant GmbH, and Viessmann Climate Solutions SE. Also, the solar thermal market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on Europe: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
4 Historic Market Size
4.1 Solar Thermal Market in Europe 2018 - 2022
Historic Market Size - Data Table on Solar Thermal Market in Europe 2018 - 2022 ($ million)
4.2 Technology segment analysis 2018 - 2022
Historic Market Size - Technology Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Technology
6.1 Market segments
Chart on Technology - Market share 2023-2028 (%)
Data Table on Technology - Market share 2023-2028 (%)
6.2 Comparison by Technology
Chart on Comparison by Technology
Data Table on Comparison by Technology
6.3 Low and medium temperature - Market size and forecast 2023-2028
Chart on Low and medium temperature - Market size and forecast 2023-2028 ($ million)
Data Table on Low and medium temperature - Market size and forecast 2023-2028 ($ million)
Chart on Low and medium temperature - Year-over-year growth 2023-2028 (%)
Data Table on Low and medium temperature - Year-over-year growth 2023-2028 (%)
6.4 High temperature - Market size and forecast 2023-2028
Chart on High temperature - Market size and forecast 2023-2028 ($ million)
Data Table on High temperature - Market size and forecast 2023-2028 ($ million)
Chart on High temperature - Year-over-year growth 2023-2028 (%)
Data Table on High temperature - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Technology
Market opportunity by Technology ($ million)
Data Table on Market opportunity by Technology ($ million)
7 Market Segmentation by Application
7.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
7.3 Heat generation - Market size and forecast 2023-2028
Chart on Heat generation - Market size and forecast 2023-2028 ($ million)
Data Table on Heat generation - Market size and forecast 2023-2028 ($ million)
Chart on Heat generation - Year-over-year growth 2023-2028 (%)
Data Table on Heat generation - Year-over-year growth 2023-2028 (%)
7.4 Power generation - Market size and forecast 2023-2028
Chart on Power generation - Market size and forecast 2023-2028 ($ million)
Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
Chart on Power generation - Year-over-year growth 2023-2028 (%)
Data Table on Power generation - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.4 Spain - Market size and forecast 2023-2028
Chart on Spain - Market size and forecast 2023-2028 ($ million)
Data Table on Spain - Market size and forecast 2023-2028 ($ million)
Chart on Spain - Year-over-year growth 2023-2028 (%)
Data Table on Spain - Year-over-year growth 2023-2028 (%)
9.5 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ million)
Data Table on France - Market size and forecast 2023-2028 ($ million)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
9.6 Italy - Market size and forecast 2023-2028
Chart on Italy - Market size and forecast 2023-2028 ($ million)
Data Table on Italy - Market size and forecast 2023-2028 ($ million)
Chart on Italy - Year-over-year growth 2023-2028 (%)
Data Table on Italy - Year-over-year growth 2023-2028 (%)
9.7 Rest of Europe - Market size and forecast 2023-2028
Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Aalborg CSP
Aalborg CSP - Overview
Aalborg CSP - Product / Service
Aalborg CSP - Key offerings
12.4 Abengoa SA
Abengoa SA - Overview
Abengoa SA - Product / Service
Abengoa SA - Key offerings
12.5 Acciona SA
Acciona SA - Overview
Acciona SA - Business segments
Acciona SA - Key news
Acciona SA - Key offerings
Acciona SA - Segment focus
12.6 ACS Actividades de Construccion Y Servicios SA
ACS Actividades de Construccion Y Servicios SA - Overview
ACS Actividades de Construccion Y Servicios SA - Business segments
ACS Actividades de Construccion Y Servicios SA - Key offerings
ACS Actividades de Construccion Y Servicios SA - Segment focus
12.7 BrightSource Energy Inc.
BrightSource Energy Inc. - Overview
BrightSource Energy Inc. - Product / Service
BrightSource Energy Inc. - Key offerings
12.8 CGC SAMCA
CGC SAMCA - Overview
CGC SAMCA - Product / Service
CGC SAMCA - Key offerings
12.9 Cosmosolar Ltd
Cosmosolar Ltd - Overview
Cosmosolar Ltd - Product / Service
Cosmosolar Ltd - Key offerings
12.10 DEL PASO SOLAR SL
DEL PASO SOLAR SL - Overview
DEL PASO SOLAR SL - Product / Service
DEL PASO SOLAR SL - Key offerings
12.11 DIMAS SA
DIMAS SA - Overview
DIMAS SA - Product / Service
DIMAS SA - Key offerings
12.12 FRENELL GmbH
FRENELL GmbH - Overview
FRENELL GmbH - Product / Service
FRENELL GmbH - Key offerings
12.13 GREENoneTEC Solarindustrie GmbH
GREENoneTEC Solarindustrie GmbH - Overview
GREENoneTEC Solarindustrie GmbH - Product / Service
GREENoneTEC Solarindustrie GmbH - Key offerings
12.14 Greenville Energy and Research Inc.
Greenville Energy and Research Inc. - Overview
Greenville Energy and Research Inc. - Product / Service
Greenville Energy and Research Inc. - Key offerings
12.15 Hewalex Sp. z o. o. Sp.k.
Hewalex Sp. z o. o. Sp.k. - Overview
Hewalex Sp. z o. o. Sp.k. - Product / Service
Hewalex Sp. z o. o. Sp.k. - Key offerings
12.16 PHOENIX SonnenWarme AG
PHOENIX SonnenWarme AG - Overview
PHOENIX SonnenWarme AG - Product / Service
PHOENIX SonnenWarme AG - Key offerings
12.17 Robert Bosch GmbH
Robert Bosch GmbH - Overview
Robert Bosch GmbH - Product / Service
Robert Bosch GmbH - Key news
Robert Bosch GmbH - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on Europe: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Historic Market Size - Data Table on Solar Thermal Market in Europe 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Technology Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Technology - Market share 2023-2028 (%)
Exhibits 32: Data Table on Technology - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Technology
Exhibits 34: Data Table on Comparison by Technology
Exhibits 35: Chart on Low and medium temperature - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Low and medium temperature - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Low and medium temperature - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Low and medium temperature - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on High temperature - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on High temperature - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on High temperature - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on High temperature - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Technology ($ million)
Exhibits 44: Data Table on Market opportunity by Technology ($ million)
Exhibits 45: Chart on Application - Market share 2023-2028 (%)
Exhibits 46: Data Table on Application - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Application
Exhibits 48: Data Table on Comparison by Application
Exhibits 49: Chart on Heat generation - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Heat generation - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Heat generation - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Heat generation - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Power generation - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Application ($ million)
Exhibits 58: Data Table on Market opportunity by Application ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 61: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 62: Chart on Geographic comparison
Exhibits 63: Data Table on Geographic comparison
Exhibits 64: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 68: Chart on Spain - Market size and forecast 2023-2028 ($ million)
Exhibits 69: Data Table on Spain - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Chart on Spain - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on Spain - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on Italy - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Data Table on Italy - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Chart on Italy - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on Italy - Year-over-year growth 2023-2028 (%)
Exhibits 80: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 81: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits 83: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits 84: Market opportunity By Geographical Landscape ($ million)
Exhibits 85: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 86: Impact of drivers and challenges in 2023 and 2028
Exhibits 87: Overview on criticality of inputs and factors of differentiation
Exhibits 88: Overview on factors of disruption
Exhibits 89: Impact of key risks on business
Exhibits 90: Companies covered
Exhibits 91: Matrix on companies position and classification
Exhibits 92: Aalborg CSP - Overview
Exhibits 93: Aalborg CSP - Product / Service
Exhibits 94: Aalborg CSP - Key offerings
Exhibits 95: Abengoa SA - Overview
Exhibits 96: Abengoa SA - Product / Service
Exhibits 97: Abengoa SA - Key offerings
Exhibits 98: Acciona SA - Overview
Exhibits 99: Acciona SA - Business segments
Exhibits 100: Acciona SA - Key news
Exhibits 101: Acciona SA - Key offerings
Exhibits 102: Acciona SA - Segment focus
Exhibits 103: ACS Actividades de Construccion Y Servicios SA - Overview
Exhibits 104: ACS Actividades de Construccion Y Servicios SA - Business segments
Exhibits 105: ACS Actividades de Construccion Y Servicios SA - Key offerings
Exhibits 106: ACS Actividades de Construccion Y Servicios SA - Segment focus
Exhibits 107: BrightSource Energy Inc. - Overview
Exhibits 108: BrightSource Energy Inc. - Product / Service
Exhibits 109: BrightSource Energy Inc. - Key offerings
Exhibits 110: CGC SAMCA - Overview
Exhibits 111: CGC SAMCA - Product / Service
Exhibits 112: CGC SAMCA - Key offerings
Exhibits 113: Cosmosolar Ltd - Overview
Exhibits 114: Cosmosolar Ltd - Product / Service
Exhibits 115: Cosmosolar Ltd - Key offerings
Exhibits 116: DEL PASO SOLAR SL - Overview
Exhibits 117: DEL PASO SOLAR SL - Product / Service
Exhibits 118: DEL PASO SOLAR SL - Key offerings
Exhibits 119: DIMAS SA - Overview
Exhibits 120: DIMAS SA - Product / Service
Exhibits 121: DIMAS SA - Key offerings
Exhibits 122: FRENELL GmbH - Overview
Exhibits 123: FRENELL GmbH - Product / Service
Exhibits 124: FRENELL GmbH - Key offerings
Exhibits 125: GREENoneTEC Solarindustrie GmbH - Overview
Exhibits 126: GREENoneTEC Solarindustrie GmbH - Product / Service
Exhibits 127: GREENoneTEC Solarindustrie GmbH - Key offerings
Exhibits 128: Greenville Energy and Research Inc. - Overview
Exhibits 129: Greenville Energy and Research Inc. - Product / Service
Exhibits 130: Greenville Energy and Research Inc. - Key offerings
Exhibits 131: Hewalex Sp. z o. o. Sp.k. - Overview
Exhibits 132: Hewalex Sp. z o. o. Sp.k. - Product / Service
Exhibits 133: Hewalex Sp. z o. o. Sp.k. - Key offerings
Exhibits 134: PHOENIX SonnenWarme AG - Overview
Exhibits 135: PHOENIX SonnenWarme AG - Product / Service
Exhibits 136: PHOENIX SonnenWarme AG - Key offerings
Exhibits 137: Robert Bosch GmbH - Overview
Exhibits 138: Robert Bosch GmbH - Product / Service
Exhibits 139: Robert Bosch GmbH - Key news
Exhibits 140: Robert Bosch GmbH - Key offerings
Exhibits 141: Inclusions checklist
Exhibits 142: Exclusions checklist
Exhibits 143: Currency conversion rates for US$
Exhibits 144: Research methodology
Exhibits 145: Information sources
Exhibits 146: Data validation
Exhibits 147: Validation techniques employed for market sizing
Exhibits 148: Data synthesis
Exhibits 149: 360 degree market analysis
Exhibits 150: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global solar thermal market in Europe: Aalborg CSP, Abengoa SA, Acciona SA, ACS Actividades de Construccion Y Servicios SA, Atlantica Sustainable Infrastructure PLC, BrightSource Energy Inc., CGC SAMCA, Cosmosolar Ltd, DEL PASO SOLAR SL, DIMAS SA, FRENELL GmbH, GREENoneTEC Solarindustrie GmbH, Greenville Energy and Research Inc., Hewalex Sp. z o. o. Sp.k., Nobel International EAD, PHOENIX SonnenWarme AG, Robert Bosch GmbH, SENER GRUPO DE INGENIERIA SA, Vaillant GmbH, and Viessmann Climate Solutions SE.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of Smart cities."

According to the report, one of the major drivers for this market is the increasing demand for CSP.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aalborg CSP
  • Abengoa SA
  • Acciona SA
  • ACS Actividades de Construccion Y Servicios SA
  • Atlantica Sustainable Infrastructure plc
  • BrightSource Energy Inc.
  • CGC SAMCA
  • Cosmosolar Ltd
  • DEL PASO SOLAR SL
  • DIMAS SA
  • FRENELL GmbH
  • GREENoneTEC Solarindustrie GmbH
  • Greenville Energy and Research Inc.
  • Hewalex Sp. z o. o. Sp.k.
  • Nobel International EAD
  • PHOENIX SonnenWarme AG
  • Robert Bosch GmbH
  • SENER GRUPO DE INGENIERIA SA
  • Vaillant GmbH
  • Viessmann Climate Solutions SE

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About the Market

Solar Thermal Energy is a form of solar power that uses the sun's energy to generate heat. This heat is then used to power a variety of applications, such as heating water, air conditioning, and industrial processes. Solar Thermal Energy systems are typically composed of a solar collector, a storage tank, and a heat exchanger. The solar collector captures the sun's energy and transfers it to the storage tank, where it is stored until needed. The heat exchanger then transfers the heat from the storage tank to the application. Solar Thermal Energy systems are becoming increasingly popular due to their cost-effectiveness and environmental benefits. They are also becoming more efficient, with advances in technology allowing for higher temperatures and greater efficiency. Solar Thermal Energy systems are becoming increasingly popular in both residential and commercial applications. Some companies in the Solar Thermal Energy market include SolarReserve, BrightSource Energy, Abengoa Solar, and Solar Millennium. Show Less Read more

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