Market Snapshot
CAGR:5.96
Study Period |
2019-2032 |
Base Year |
2023 |
Forcast Year |
2023-2032 |
CAGR |
5.96 |
Report Overview
Summary
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.
In terms of geographic regions, APAC accounted for the major share in the market in 2017. The economic development and the need for energy in the emerging countries such as China and India will propel the growth of the solar thermal electricity market during the forecast period.
The heat generation segment accounted for the major share of the market during 2017. According to our research report, the growing demand for heat generation will significantly drive the growth of the solar thermal energy market during the forecast period.
The global Solar Thermal market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2026, growing at a CAGR of xx% between 2019 and 2026.
This report studies the Solar Thermal market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2026; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Solar Thermal in these regions, from 2014 to 2026, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Abengoa
Bosch Thermotechnology
ACCIONA
GREENoneTEC
Viessmann
By the product type, the market is primarily split into
Concentrated Solar Thermal
Non-Concentrated Solar Thermal
By the end users/application, this report covers the following segments
Heat Generation
Power Generation
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Solar Thermal market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2026.
To understand the structure of Solar Thermal market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Solar Thermal manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Solar Thermal with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Solar Thermal submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Solar Thermal are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2026
This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Solar Thermal market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Solar Thermal market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table of Contents
1 Solar Thermal Market Overview
1.1 Solar Thermal Product Overview
1.2 Solar Thermal Market Segment by Type
1.2.1 Concentrated Solar Thermal
1.2.2 Non-Concentrated Solar Thermal
1.3 Global Solar Thermal Market Size by Type
1.3.1 Global Solar Thermal Sales and Growth by Type
1.3.2 Global Solar Thermal Sales and Market Share by Type (2014-2019)
1.3.3 Global Solar Thermal Revenue and Market Share by Type (2014-2019)
1.3.4 Global Solar Thermal Price by Type (2014-2019)
2 Global Solar Thermal Market Competition by Company
2.1 Global Solar Thermal Sales and Market Share by Company (2014-2019)
2.2 Global Solar Thermal Revenue and Share by Company (2014-2019)
2.3 Global Solar Thermal Price by Company (2014-2019)
2.4 Global Top Players Solar Thermal Manufacturing Base Distribution, Sales Area, Product Types
2.5 Solar Thermal Market Competitive Situation and Trends
2.5.1 Solar Thermal Market Concentration Rate
2.5.2 Global Solar Thermal Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 Solar Thermal Company Profiles and Sales Data
3.1 Abengoa
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Solar Thermal Product Category, Application and Specification
3.1.3 Abengoa Solar Thermal Sales, Revenue, Price and Gross Margin(2014-2019)
3.1.4 Main Business Overview
3.2 Bosch Thermotechnology
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Solar Thermal Product Category, Application and Specification
3.2.3 Bosch Thermotechnology Solar Thermal Sales, Revenue, Price and Gross Margin(2014-2019)
3.2.4 Main Business Overview
3.3 ACCIONA
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Solar Thermal Product Category, Application and Specification
3.3.3 ACCIONA Solar Thermal Sales, Revenue, Price and Gross Margin(2014-2019)
3.3.4 Main Business Overview
3.4 GREENoneTEC
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Solar Thermal Product Category, Application and Specification
3.4.3 GREENoneTEC Solar Thermal Sales, Revenue, Price and Gross Margin(2014-2019)
3.4.4 Main Business Overview
3.5 Viessmann
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Solar Thermal Product Category, Application and Specification
3.5.3 Viessmann Solar Thermal Sales, Revenue, Price and Gross Margin(2014-2019)
3.5.4 Main Business Overview
4 Solar Thermal Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Solar Thermal Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Solar Thermal Sales and Revenue by Regions
4.2.1 Global Solar Thermal Sales and Market Share by Regions (2014-2019)
4.2.2 Global Solar Thermal Revenue and Market Share by Regions (2014-2019)
4.2.3 Global Solar Thermal Sales, Revenue, Price and Gross Margin (2014-2019)
4.3 North America Solar Thermal Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Solar Thermal Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Solar Thermal Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Solar Thermal Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Solar Thermal Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 Solar Thermal Application/End Users
5.1 Solar Thermal Segment by Application
5.1.1 Heat Generation
5.1.2 Power Generation
5.2 Global Solar Thermal Product Segment by Application
5.2.1 Global Solar Thermal Sales by Application
5.2.2 Global Solar Thermal Sales and Market Share by Application (2014-2019)
6 Global Solar Thermal Market Forecast
6.1 Global Solar Thermal Sales, Revenue Forecast (2019-2025)
6.1.1 Global Solar Thermal Sales and Growth Rate Forecast (2019-2025)
6.1.1 Global Solar Thermal Revenue and Growth Rate Forecast (2019-2025)
6.2 Global Solar Thermal Forecast by Regions
6.2.1 North America Solar Thermal Sales and Revenue Forecast (2019-2025)
6.2.2 Europe Solar Thermal Sales and Revenue Forecast (2019-2025)
6.2.3 Asia-Pacific Solar Thermal Sales and Revenue Forecast (2019-2025)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Solar Thermal Sales and Revenue Forecast (2019-2025)
6.2.5 Middle East and Africa Solar Thermal Sales and Revenue Forecast (2019-2025)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Solar Thermal Forecast by Type
6.3.1 Global Solar Thermal Sales and Revenue Forecast by Type (2019-2025)
6.3.2 Concentrated Solar Thermal Gowth Forecast
6.3.3 Non-Concentrated Solar Thermal Gowth Forecast
6.4 Solar Thermal Forecast by Application
6.4.1 Global Solar Thermal Sales Forecast by Application (2019-2025)
6.4.2 Global Solar Thermal Forecast in Heat Generation
6.4.3 Global Solar Thermal Forecast in Power Generation
7 Solar Thermal Upstream Raw Materials
7.1 Solar Thermal Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Solar Thermal Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer
List of Tables and Figures
Figure Solar Thermal Product Picture
Figure Global Solar Thermal Revenue (Million USD) Status and Outlook (2014-2025)
Figure Global Solar Thermal Sales (MW) Status and Outlook (2014-2025)
Figure Product Picture of Concentrated Solar Thermal
Table Major Players of Concentrated Solar Thermal
Figure Global Concentrated Solar Thermal Sales (MW) and Growth Rate (%)(2014-2018)
Figure Product Picture of Non-Concentrated Solar Thermal
Table Major Players of Non-Concentrated Solar Thermal
Figure Global Non-Concentrated Solar Thermal Sales (MW) and Growth Rate (%)(2014-2019)
Table Global Solar Thermal Sales (MW) and Growth Rate (%) Comparison by Type
Table Global Solar Thermal Sales (MW) by Type (2014-2019)
Table Global Solar Thermal Sales Share (%) by Type (2014-2019)
Figure Global Solar Thermal Sales Market Share (%) by Type (2014-2019)
Figure Global Solar Thermal Sales Market Share (%) by Type in 2018
Table Global Solar Thermal Revenue (Million USD) by Type (2014-2019)
Table Global Solar Thermal Revenue Share (%) by Type (2014-2019)
Figure Global Solar Thermal Revenue Share (%) by Type (2014-2019)
Figure 2018 Global Solar Thermal Revenue Market Share (%) by Type
Table Global Solar Thermal Price (USD/KW) by Type (2014-2019)
Table Global Solar Thermal Sales (MW) by Company (2014-2019)
Table Global Solar Thermal Sales Share (%) by Company (2014-2019)
Figure Global Solar Thermal Sales Share (%) by Company in 2018
Table Global Solar Thermal Revenue (Million USD) by Company (2014-2019)
Table Global Solar Thermal Revenue Share (%) by Company (2014-2019)
Figure Global Solar Thermal Revenue Share (%) by Company in 2018
Table Global Market Solar Thermal Average Price (USD/KW) by Company (2014-2019)
Table Global Solar Thermal Top Players Manufacturing Base Distribution and Sales Area
Table Global Solar Thermal Top Players Product Category
Figure Global Solar Thermal Market Share (%) of Top 5 Players
Figure Global Solar Thermal Market Share (%) of Top 10 Players
Table Abengoa Basic Information List
Table Abengoa Solar Thermal Product Category, Application and Specification
Table Abengoa Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure Abengoa Solar Thermal Sales Growth Rate (2014-2019)
Figure Abengoa Solar Thermal Sales Global Market Share (%)(2014-2019)
Table Bosch Thermotechnology Basic Information List
Figure Bosch Thermotechnology Solar Thermal Product Category, Application and Specification
Table Bosch Thermotechnology Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure Bosch Thermotechnology Solar Thermal Sales Growth Rate (2014-2019)
Figure Bosch Thermotechnology Solar Thermal Sales Global Market Share (%)(2014-2019)
Table ACCIONA Basic Information List
Figure ACCIONA Solar Thermal Product Category, Application and Specification
Table ACCIONA Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure ACCIONA Solar Thermal Sales Growth Rate (2014-2019)
Figure ACCIONA Solar Thermal Sales Global Market Share (%)(2014-2019)
Table GREENoneTEC Basic Information List
Figure GREENoneTEC Solar Thermal Product Category, Application and Specification
Table GREENoneTEC Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure GREENoneTEC Solar Thermal Sales Growth Rate (2014-2019)
Figure GREENoneTEC Solar Thermal Sales Global Market Share (%)(2014-2019)
Table Viessmann Basic Information List
Figure Viessmann Solar Thermal Product Category, Application and Specification
Table Viessmann Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure Viessmann Solar Thermal Sales Growth Rate (2014-2019)
Figure Viessmann Solar Thermal Sales Global Market Share (%)(2014-2019)
Table Global Solar Thermal Market Size Comparison by Regions (2014-2025)
Figure North America Solar Thermal Revenue (Million USD) and Growth Rate (%)(2014-2025)
Figure Asia-Pacific Solar Thermal Revenue (Million USD) and Growth Rate (%)(2014-2025)
Figure Europe Solar Thermal Revenue (Million USD) and Growth Rate (%)(2014-2025)
Figure South America Solar Thermal Revenue (Million USD) and Growth Rate (%)(2014-2025)
Figure Middle East and Africa Solar Thermal Revenue (Million USD) and Growth Rate (%)(2014-2025)
Table Global Solar Thermal Sales (MW) by Regions (2014-2019)
Table Global Solar Thermal Sales Market Share (%) by Regions (2014-2019)
Figure Global Solar Thermal Sales Market Share (%) by Regions (2014-2019)
Figure 2018 Global Solar Thermal Sales Market Share (%) by Regions
Table Global Solar Thermal Revenue (Million USD) by Regions (2014-2019)
Table Global Solar Thermal Revenue Market Share (%) by Regions (2014-2019)
Figure Global Solar Thermal Revenue Market Share (%) by Regions (2014-2019)
Figure 2018 Global Solar Thermal Revenue Market Share (%) by Regions
Table Global Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure North America Solar Thermal Sales Growth Rate
Table North America Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure United States Solar Thermal Sales (MW)(2014-2019)
Figure United States Solar Thermal Revenue (Million USD)(2014-2019)
Figure Canada Solar Thermal Sales (MW)(2014-2019)
Figure Canada Solar Thermal Revenue (Million USD)(2014-2019)
Figure Mexico Solar Thermal Sales (MW)(2014-2019)
Figure Mexico Solar Thermal Revenue (Million USD)(2014-2019)
Figure Europe Solar Thermal Sales Growth Rate
Table Europe Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure Germany Solar Thermal Sales (MW)(2014-2019)
Figure Germany Solar Thermal Revenue (Million USD) (2014-2019)
Figure UK Solar Thermal Sales (MW)(2014-2019)
Figure UK Solar Thermal Revenue (Million USD)(2014-2019)
Figure France Solar Thermal Sales (MW)(2014-2019)
Figure France Solar Thermal Revenue (Million USD)(2014-2019)
Figure Italy Solar Thermal Sales (MW)(2014-2019)
Figure Italy Solar Thermal Revenue (Million USD)(2014-2019)
Figure Russia Solar Thermal Sales (MW)(2014-2019)
Figure Russia Solar Thermal Revenue (Million USD)(2014-2019)
Figure Turkey Solar Thermal Sales (MW)(2014-2019)
Figure Turkey Solar Thermal Revenue (Million USD)(2014-2019)
Figure Asia-Pacific Solar Thermal Sales Growth Rate
Table Asia-Pacific Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure China Solar Thermal Sales (MW)(2014-2019)
Figure China Solar Thermal Revenue (Million USD)(2014-2019)
Figure Japan Solar Thermal Sales (MW)(2014-2019)
Figure Japan Solar Thermal Revenue (Million USD)(2014-2019)
Figure Korea Solar Thermal Sales (MW)(2014-2019)
Figure Korea Solar Thermal Revenue (Million USD)(2014-2019)
Figure Southeast Asia Solar Thermal Sales (MW)(2014-2019)
Figure Southeast Asia Solar Thermal Revenue (Million USD)(2014-2019)
Figure Indonesia Solar Thermal Sales (MW)(2014-2019)
Figure Indonesia Solar Thermal Revenue (Million USD)(2014-2019)
Figure Thailand Solar Thermal Sales (MW)(2014-2019)
Figure Thailand Solar Thermal Revenue (Million USD)(2014-2019)
Figure Malaysia Solar Thermal Sales (MW)(2014-2019)
Figure Malaysia Solar Thermal Revenue (Million USD)(2014-2019)
Figure Philippines Solar Thermal Sales (MW)(2014-2019)
Figure Philippines Solar Thermal Revenue (Million USD)(2014-2019)
Figure Vietnam Solar Thermal Sales (MW)(2014-2019)
Figure Vietnam Solar Thermal Revenue (Million USD)(2014-2019)
Figure India Solar Thermal Sales (MW)(2014-2019)
Figure India Solar Thermal Revenue (Million USD)(2014-2019)
Figure Australia Solar Thermal Sales (MW)(2014-2019)
Figure Australia Solar Thermal Revenue (Million USD)(2014-2019)
Figure South America Solar Thermal Sales Growth Rate
Table South America Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure Brazil Solar Thermal Sales (MW)(2014-2019)
Figure Brazil Solar Thermal Revenue (Million USD)(2014-2019)
Figure Middle East and Africa Solar Thermal Sales Growth Rate
Table Middle East and Africa Solar Thermal Sales (MW), Revenue (Million USD), Price (USD/KW) and Gross Margin (%)(2014-2019)
Figure North Africa Solar Thermal Sales (MW)(2014-2019)
Figure North Africa Solar Thermal Revenue (Million USD)(2014-2019)
Figure GCC Countries Solar Thermal Sales (MW)(2014-2019)
Figure GCC Countries Solar Thermal Revenue (Million USD)(2014-2019)
Figure Heat Generation Examples
Figure Power Generation Examples
Table Global Solar Thermal Sales (MW) Comparison by Application (2014-2025)
Table Global Solar Thermal Sales (MW) by Application (2014-2019)
Table Global Solar Thermal Sales Share (%) by Application (2014-2019)
Figure Global Solar Thermal Sales Market Share (%) by Application (2014-2019)
Figure Global Solar Thermal Sales Market Share (%) by Application in 2018
Figure Global Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure Global Solar Thermal Revenue (Million USD) and Growth Rate (%) Forecast (2019-2025)
Table Global Solar Thermal Sales (MW) Forecast by Regions (2019-2025)
Figure Global Solar Thermal Sales Market Share (%) Forecast by Regions (2019-2025)
Figure North America Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure North America Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Europe Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure Europe Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Asia-Pacific Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure Asia-Pacific Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure China Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure China Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Japan Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure Japan Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Korea Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure Korea Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Southeast Asia Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure Southeast Asia Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure India Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure India Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Australia Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure Australia Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure South America Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure South America Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure Middle East and Africa Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure Middle East and Africa Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure North Africa Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure North Africa Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Figure GCC Countries Solar Thermal Sales (MW) and Growth Rate (%) Forecast (2019-2025)
Figure GCC Countries Solar Thermal Revenue and Growth Rate (%) Forecast (2019-2025)
Table Global Solar Thermal Sales (Million USD) Forecast by Type (2019-2025)
Figure Global Solar Thermal Sales Market Share (%) Forecast by Type (2019-2025)
Table Global Solar Thermal Revenue (Million USD) Forecast by Type (2019-2025)
Figure Global Solar Thermal Revenue Market Share (%) Forecast by Type (2019-2025)
Figure Concentrated Solar Thermal Sales Growth Forecast
Figure Non-Concentrated Solar Thermal Sales Growth Forecast
Table Global Solar Thermal Sales (MW) Forecast by Application (2019-2025)
Figure Global Solar Thermal Sales Forecast by Application (2019-2025)
Figure Global Solar Thermal Sales (MW) Forecast in Heat Generation
Figure Global Solar Thermal Sales (MW) Forecast in Power Generation
Table Key Raw Materials Lists
Figure Key Raw Materials Price
Table Raw Materials Key Suppliers Lists
Figure Solar Thermal Manufacturing Cost Structure
Figure Solar Thermal Industrial Chain Analysis
Table Distributors List
Table Solar Thermal Downstream Customers
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now letās take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.