Solar Thermal Market in Europe 2023-2027

Description

List of Tables

The solar thermal market in Europe is forecasted to grow by USD 2,448.24 mn during 2022-2027, accelerating at a CAGR of 7.78% 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	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	7.35%
CAGR	7.78%
Incremental Value	$2,448.24mn

By Technology

Low and medium temperature
High temperature

By Application

Heat generation
Power generation

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., Nobel International EAD, PHOENIX SonnenWarme AG, Robert Bosch GmbH, SENER GRUPO DE INGENIERIA SA, Vaillant GmbH, Viessmann Climate Solutions SE, and Hewalex Sp. z o. o. Sp.k.. 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
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ million)

4 Historic Market Size

4.1 Solar thermal market in Europe 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on solar thermal market in Europe 2017 - 2021 ($ million)
4.2 Technology Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

6.1 Market segments
Exhibit 29: Chart on Technology - Market share 2022-2027 (%)
Exhibit 30: Data Table on Technology - Market share 2022-2027 (%)
6.2 Comparison by Technology
Exhibit 31: Chart on Comparison by Technology
Exhibit 32: Data Table on Comparison by Technology
6.3 Low and medium temperature - Market size and forecast 2022-2027
Exhibit 33: Chart on Low and medium temperature - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Low and medium temperature - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Low and medium temperature - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Low and medium temperature - Year-over-year growth 2022-2027 (%)
6.4 High temperature - Market size and forecast 2022-2027
Exhibit 37: Chart on High temperature - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on High temperature - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on High temperature - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on High temperature - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Technology
Exhibit 41: Market opportunity by Technology ($ million)
Exhibit 42: Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 43: Chart on Application - Market share 2022-2027 (%)
Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 45: Chart on Comparison by Application
Exhibit 46: Data Table on Comparison by Application
7.3 Heat generation - Market size and forecast 2022-2027
Exhibit 47: Chart on Heat generation - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Heat generation - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Heat generation - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Heat generation - Year-over-year growth 2022-2027 (%)
7.4 Power generation - Market size and forecast 2022-2027
Exhibit 51: Chart on Power generation - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Power generation - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Power generation - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Power generation - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Application
Exhibit 55: Market opportunity by Application ($ million)
Exhibit 56: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 58: Chart on Market share By Geographical Landscape - 2022-2027 (%)
Exhibit 59: Data Table on Market share By Geographical Landscape - 2022-2027 (%)
9.2 Geographic comparison
Exhibit 60: Chart on Geographic comparison
Exhibit 61: Data Table on Geographic comparison
9.3 Germany - Market size and forecast 2022-2027
Exhibit 62: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 63: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 65: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.4 Spain - Market size and forecast 2022-2027
Exhibit 66: Chart on Spain - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Data Table on Spain - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Chart on Spain - Year-over-year growth 2022-2027 (%)
Exhibit 69: Data Table on Spain - Year-over-year growth 2022-2027 (%)
9.5 France - Market size and forecast 2022-2027
Exhibit 70: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 73: Data Table on France - Year-over-year growth 2022-2027 (%)
9.6 Italy - Market size and forecast 2022-2027
Exhibit 74: Chart on Italy - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Chart on Italy - Year-over-year growth 2022-2027 (%)
Exhibit 77: Data Table on Italy - Year-over-year growth 2022-2027 (%)
9.7 Rest of Europe - Market size and forecast 2022-2027
Exhibit 78: Chart on Rest of Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Data Table on Rest of Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Chart on Rest of Europe - Year-over-year growth 2022-2027 (%)
Exhibit 81: Data Table on Rest of Europe - Year-over-year growth 2022-2027 (%)
9.8 Market opportunity By Geographical Landscape
Exhibit 82: Market opportunity By Geographical Landscape ($ million)
Exhibit 83: Data Table on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 84: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 85: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 86: Overview on factors of disruption
11.4 Industry risks
Exhibit 87: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 88: Vendors covered
12.2 Market positioning of vendors
Exhibit 89: Matrix on vendor position and classification
12.3 Aalborg CSP
Exhibit 90: Aalborg CSP - Overview
Exhibit 91: Aalborg CSP - Product / Service
Exhibit 92: Aalborg CSP - Key offerings
12.4 Abengoa SA
Exhibit 93: Abengoa SA - Overview
Exhibit 94: Abengoa SA - Product / Service
Exhibit 95: Abengoa SA - Key news
Exhibit 96: Abengoa SA - Key offerings
12.5 Acciona SA
Exhibit 97: Acciona SA - Overview
Exhibit 98: Acciona SA - Business segments
Exhibit 99: Acciona SA - Key news
Exhibit 100: Acciona SA - Key offerings
Exhibit 101: Acciona SA - Segment focus
12.6 ACS Actividades de Construccion Y Servicios SA
Exhibit 102: ACS Actividades de Construccion Y Servicios SA - Overview
Exhibit 103: ACS Actividades de Construccion Y Servicios SA - Product / Service
Exhibit 104: ACS Actividades de Construccion Y Servicios SA - Key offerings
12.7 BrightSource Energy Inc.
Exhibit 105: BrightSource Energy Inc. - Overview
Exhibit 106: BrightSource Energy Inc. - Product / Service
Exhibit 107: BrightSource Energy Inc. - Key offerings
12.8 CGC SAMCA
Exhibit 108: CGC SAMCA - Overview
Exhibit 109: CGC SAMCA - Product / Service
Exhibit 110: CGC SAMCA - Key offerings
12.9 Cosmosolar Ltd
Exhibit 111: Cosmosolar Ltd - Overview
Exhibit 112: Cosmosolar Ltd - Product / Service
Exhibit 113: Cosmosolar Ltd - Key offerings
12.10 DEL PASO SOLAR SL
Exhibit 114: DEL PASO SOLAR SL - Overview
Exhibit 115: DEL PASO SOLAR SL - Product / Service
Exhibit 116: DEL PASO SOLAR SL - Key offerings
12.11 DIMAS SA
Exhibit 117: DIMAS SA - Overview
Exhibit 118: DIMAS SA - Key offerings
12.12 FRENELL GmbH
Exhibit 119: FRENELL GmbH - Overview
Exhibit 120: FRENELL GmbH - Key offerings
12.13 GREENoneTEC Solarindustrie GmbH
Exhibit 121: GREENoneTEC Solarindustrie GmbH - Overview
Exhibit 122: GREENoneTEC Solarindustrie GmbH - Product / Service
Exhibit 123: GREENoneTEC Solarindustrie GmbH - Key offerings
12.14 Greenville Energy and Research Inc.
Exhibit 124: Greenville Energy and Research Inc. - Overview
Exhibit 125: Greenville Energy and Research Inc. - Key offerings
12.15 Hewalex Sp. z o. o. Sp.k.
Exhibit 126: Hewalex Sp. z o. o. Sp.k. - Overview
Exhibit 127: Hewalex Sp. z o. o. Sp.k. - Product / Service
Exhibit 128: Hewalex Sp. z o. o. Sp.k. - Key offerings
12.16 PHOENIX SonnenWarme AG
Exhibit 129: PHOENIX SonnenWarme AG - Overview
Exhibit 130: PHOENIX SonnenWarme AG - Product / Service
Exhibit 131: PHOENIX SonnenWarme AG - Key offerings
12.17 Robert Bosch GmbH
Exhibit 132: Robert Bosch GmbH - Overview
Exhibit 133: Robert Bosch GmbH - Business segments
Exhibit 134: Robert Bosch GmbH - Key news
Exhibit 135: Robert Bosch GmbH - Key offerings
Exhibit 136: Robert Bosch GmbH - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 137: Inclusions checklist
Exhibit 138: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 139: Currency conversion rates for US$
13.4 Research methodology
Exhibit 140: Research methodology
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources
13.5 List of abbreviations
Exhibit 143: List of abbreviations