Solar thermal market in Europe 2024-2028

Description

List of Tables

The solar thermal market in Europe is forecasted to grow by USD 2638.5 mn 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.

Technavio's solar thermal market in Europe is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.25%
CAGR	7.81%
Incremental Value	$2638.5mn

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 publisher 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.

Product Code: IRTNTR46573

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