Industry status

Comprehensive Overview of Solar Thermal Market by Growth Rate, Industry Status, Forecast to 2026 – mbu timeline

A final research report Solar thermal market size represents an in-depth overview of the current market situation and forecast to 2029. The solar thermal market trend research process includes the analysis of various factors that warm the heart of the industry, along with government policy, competitive background, historical data, market environment, current trends within the market, upcoming technologies, technological innovations, The growth rate exhibited by a market for a given forecast period is calculated based on various factors and their level of impact on the market. The report also includes competitor and regional analysis, as well as contemporary advances in the global market.

The global submersible pumps market size stood at USD 12.95 Billion in 2018 and is projected to reach USD 20.58 Billion by 2026, growing at a CAGR of 6.0% during the forecast period.

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Competitive landscape

In November 2019, Heliogen has launched a new breakthrough in its technology portfolio, which is funded by Bill Gates who also has investments made in Malta. The company also announced its technology that would allow operations at 1,000 degrees Celsius. This would replace the use of fossil fuels in industrial processes, and therefore reduce GHG emissions.
In November 2019, Abengoa has achieved successful synchronization of the turbine of the 50 GW Luneng Haixi solar thermal power plant, which indicates the good functioning of the mechanical and electrical infrastructure in the solar field. This project is carried out under the renewable energy program launched by the Chinese government in 2018. The program aims to increase the installed solar thermal base in the country to 27 GW by 2030.

Scope of Solar Thermal Market Report:

Market size available for years 2019-2026
CAGR value 5.6%
Base year considered 2018
Historical data 2015-2017
Forecast period 2019-2026
Quantitative units Revenue in USD Million and CAGR from 2022 to 2026
Segments Covered Types, applications, end users, and more.
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
Scope of customization Personalization of the report with purchase. Added or changed country, region and segment scope.
Pricing and purchase options Take advantage of personalized purchasing options to meet your exact research needs. Explore purchase options

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The study provides analysis of market players including

  • Light energy source
  • Solar Abengoa
  • Siemens
  • Acciona
  • SolarReserve
  • Torresol Energy
  • Trivelli Energy
  • Abors green GmbH
  • Parvolen CSP Technologies
  • Sener
  • Lointek

Impact of COVID-19 on the Solar Thermal market:

This research covers the impacts of COVID-19 on upstream, midstream and downstream industries. Moreover, this research provides an in-depth assessment of the market by highlighting information on various aspects covering market dynamics such as drivers, barriers, opportunities, threats, and industry news and trends.

Key Benefits of Purchasing the Report:

The report will provide market leaders/new entrants in this market with information on the closest approximations of revenue figures for the overall solar thermal market and sub-segments.

The scope of the study covers the market analysis of Gas Compression and Gas Compression Engines, and their applicability in transmission and related applications.

This report will help stakeholders understand the competitive landscape and acquire more information to better position their businesses and plan appropriate go-to-market strategies.

The report also helps stakeholders understand the pulse of the market and provides them with insights into key market drivers, restraints, challenges, and opportunities.

Report Scope:

This market study covers global and regional markets with an in-depth analysis of the overall market growth prospects. Additionally, it sheds light on the complete competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in historical and current contexts.

Detailed TOC of Global Solar Thermal Energy Market Report 2022

  • 1 Presentation of the report
    • Search scope
    • Market Segment by Type
      • Global Solar Thermal Market Size Growth Rate by Type
    • Market Segment by Application
      • Global solar thermal energy market share by application
    • 3.9 Others
      • Study objectives
      • Years considered
    • Market perspective
      • Global Solar Thermal Market Size (2022-xxx)
        • Global Solar Thermal Market Revenue (2022-xxx)
        • Global Solar Thermal Market Sales (2022-xxx)
      • Global solar thermal market size in key geographies of the world:
        • Global Solar Thermal Market Sales by Regions (2022-xxx)
        • Global Solar Thermal Power Market Revenue by Regions (2022-xxx)
      • Global Solar Thermal Market Size Forecast by Region
        • Global Solar Thermal Market Sales Forecast by Region (2022-xxx)
        • Global Solar Thermal Market Revenue Forecast by Region (2022-xxx)
      • Global Ranking of Top Solar Thermal Market Regions (Countries) by Market Size
      • Solar Thermal Market Industry Trends
        • Solar thermal market trends
        • Solar Thermal Market Drivers
        • Solar thermal market challenges
        • Constraints of the solar thermal market
      • Competitive landscape by manufacturers
      • Global Solar Thermal Power Market Size by Type
      • Global Solar Thermal Market Size by Application
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East and Africa
      • Company Profiles
      • Analysis of the value chain and sales channels
      • Research results and conclusion
      • Annex


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