#Global Solar Water Heater Market Forecast
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BIPV Market: Trends Supplement Large-Scale Solar Systems Adoption
As per the International Energy Outlook, the global power demand is expected to rise by 80%, requiring an investment of around $19.7 trillion by 2040. Also, the Paris Agreement set a target of limiting global warming temperature below 2° Celsius, preferably 1.5° Celsius. This has influenced governments to seek innovative ways to reduce emissions while meeting energy demand, which has paved the way for photovoltaic materials in buildings. Triton’s analysis estimates that the global building integrated photovoltaics market will propel at a CAGR of 17.31% during the forecast period 2023-2030.
Building integrated photovoltaics serves the dual purpose of being the outer layer of a building and a power generator. This, in turn, has opened a new frontier in green infrastructure, influencing architects to develop energy-efficient and aesthetically appealing buildings. For instance, Ubiquitous Energy’s transparent solar window panels, UE Power, have emerged as an aesthetically appealing power-generating alternative to conventional windows.
BIPV Revolution: Trends Reshape Energy Landscape
According to the International Renewable Energy Agency (IRENA) , around 90% of the world’s power can be generated with renewable energy by 2050. Since buildings consume high amounts of energy, BIPV integration will facilitate their transition from energy users to producers. On that note, the notable trends reshaping the market are:
Governments perceive investing in green energy solutions as an opportunity to attain GHG reduction targets. Hence, over the past few years, authorities worldwide have employed various measures to stimulate the adoption of sustainable technologies, including BIPV modules, across residential, commercial, and industrial sectors. For example:
As per the Indian Ministry of New & Renewable Energy (MNRE) , the government has implemented the production-linked incentive (PLI) scheme for high-efficiency solar PV modules with an outlay of INR 24,000 crore, to achieve domestic manufacturing capacity of solar PV cells and modules.
In 2021, the German government amended the Renewable Energy Act by establishing grid priority to drive the onshore wind, solar PV, and biogas growth. The government proposed to increase its solar capacity installations to 100 GW by 2030.
The Chinese government also formulated a policy that requires all new buildings to conform to energy guidelines modeled after LEED specifications. This policy combines a recent initiative to reconstruct 50% of residential high-rise buildings. The country is anticipated to add more than 600 GW of solar power by 2030.
Reaping the benefits from such incentives, the industrial sector leads the BIPV market at 39.54%. However, over the forecast period 2023-2030, the commercial sector is expected to witness the fastest growth at 17.38%.
As per IEA, the global solar PV generation reached around 821 TWh in 2020, a whopping 23% increase from 2019. The energy association also stated that next to utility-scale deployment, distributed applications on buildings contribute to around 40% of PV use globally. In this regard, rooftop-based applications are alleviating the burden on the distribution grids, enabling companies and households to pay lesser energy bills while reducing emissions. Moreover, the cost of installing rooftop PV systems reached around $1 per watt. Hence, roofing captures the majority of the market share at 55.69% in terms of application.
China drives the global market, followed by the US, European nations, and Japan playing a major role. The rise in installations from around 19.4 GW in 2017 to 27.3 GW in 2021 was the key aspect that made China a leader in rooftop installations. For instance, Shanghai and Dezhou have acquired the title of ‘Solar City’, which features a large fleet of rooftop solar water heaters. Besides, the Net Zero Energy Building mandate across China is expected to accelerate the PV roofing segment, with solar tiles gaining major traction. Hence, these developments are expected to widen the scope of the Asia-Pacific BIPV market over the forecast period 2023-2030.
IEA projects that photovoltaic systems are estimated to account for approximately 14% of the total power generation by 2050, owing to the rising detrimental impact of fossil fuels. In fact, the organization stated that PV systems saved more than 860 million tons of C02 in 2020. The construction industry is highly innovative in the commercial sector owing to the development of cost-effective zero-emission green facilities.
As per IRENA, Germany ranks fourth in solar energy production globally. In 2021, the nation installed solar capacities of almost 60 GW, an increase of 5.3 GW from 2020. These actions are based on the country’s aim to obtain a 65% share of the renewable energy sector by 2030. Moreover, the Energy Efficiency Strategy for Building suggested advanced technology development to achieve the goal of a virtually climate-neutral building stock by 2050. Hence, the growing focus on sustainable energy sources fuels the overall Europe BIPV market, spearheaded mainly by Germany.
PV Cost Reduction: A Driving Force for Market Players
Since photovoltaic systems generate energy with around 42% efficiency using multi-junction cells, they have emerged as an ideal alternative over complex installations, such as wind turbines. As per the UN, between 2010 to 2020, the cost of power from solar systems plummeted by around 85%. This highlights the question:
What induced PV cost reduction?
The significant cost decline is mainly because of overproduction and higher investment in PV modules. Another factor is the efforts by Chinese suppliers and wholesalers to reduce the stock held in European warehouses to prevent anti-dumping and anti-subsidy tariffs. This oversupply, from China to Europe thus shrunk the cost of silicon. Such developments led energy solutions supplier Sungrow to supply products to the world’s largest BIPV plant (120 MW) in Central China’s Jiangxi Province. Therefore, the increasing efficiency, ease of installation, and decreasing cost of PV modules over conventional sources like coal and natural gas are expected to open new avenues for players in the building integrated photovoltaics market.
#building integrated photovoltaics market#bipv market#bipv#energy industry#power industry#market research report#market research reports#triton market research
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Laminate Wood Flooring Market Size, Share, Growth, Trends [2032]
Laminate Wood Flooring Market provides in-depth analysis of the market state of Laminate Wood Flooring manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Laminate Wood Flooring in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Laminate Wood Flooring Market Report:
The report offers a comprehensive and broad perspective on the global Laminate Wood Flooring Market.
The market statistics represented in different Laminate Wood Flooring segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Laminate Wood Flooring are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Laminate Wood Flooring.
Major stakeholders, key companies Laminate Wood Flooring, investment feasibility and new market entrants study is offered.
Development scope of Laminate Wood Flooring in each market segment is covered in this report. The macro and micro-economic factors affecting the Laminate Wood Flooring Market
Advancement is elaborated in this report. The upstream and downstream components of Laminate Wood Flooring and a comprehensive value chain are explained.
Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/laminate-wood-flooring-market-100005
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The Industrial Solar Water Heaters Market report, published by Future Market Insights, an organization with ESOMAR Certified Market Research and Consulting Firm, provides insights and analysis into the Industrial Solar Water Heaters market. It outlines the scope and content of the research, covering driving factors, market size, and forecast data for Industrial Solar Water Heaters. The report includes detailed segmentations in revenue and shipment, along with 10-year forecasts extending to 2032. Additionally, it discusses key players in the industry, their market shares, the competitive landscape, and regional insights The global industrial solar water heaters market is likely to accumulate a market value of US$ 791.8 Million in 2022 and is expected to accumulate a market value of US$ 1,138.9 Million by registering a CAGR of 3.7% in the forecast period 2022 to 2032. The growth of the industrial solar water heaters market can be attributed to the increasing demand for the same from end-user industries and commercial sectors. An Industrial Solar Water Heater is a heating equipment powered by solar cells which in turn is used for applications such as heating of water, space heating, and industrial processes such as obtaining hot water or preheating of steam before it enters the industrial boilers. Ready to make informed decisions for your business? Get our market overview sample and discover growth opportunities today https://www.futuremarketinsights.com/reports/sample/rep-gb-4928 North America and Europe regions have luxurious lifestyles, high disposable incomes with high standards of living, This has led to the growth of Industrial Solar Water Heaters in the respective regions. APAC countries are anticipated to assist significantly in the growth of the global Industrial Solar Water Heaters market over the forecast period. Evolving countries in the APAC region, especially China and India, is estimated to play an imperative role in the growth of the Industrial Solar Water Heaters market in the coming future. In countries such as India and China, the construction and automotive industry is in a very active state and is very attractive for the manufacturers there, is humungous growth potential for the global Industrial Solar Water Heaters market. The market for Industrial Solar Water Heaters is expected to grow as significant macro-economic factors such as the growth in industrialization, growth in urbanization, growth of construction industry and growth of the automotive industry is on a linear side and thus will upsurge the growth of the global Industrial Solar Water Heaters market over the forecast period.
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Air Energy Water Heater Market Projected to Show Strong Growth
Advance Market Analytics added research publication document on Worldwide Air Energy Water Heater Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Air Energy Water Heater market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are Haier Group Corporation (China), A. O. Smith Corporation (United States), Gree Electric Appliances Inc (China), Zhejiang Zhongguang (Outes)(China), Ariston Thermo SpA (Italy), Vatti (China), Tepco (Japan), Panasonic (Japan). Get free access to Sample Report in PDF Version along with Graphs and Figures @ https://www.advancemarketanalytics.com/sample-report/113280-global-air-energy-water-heater-market
The air energy water heater is actually another version of the air conditioner. The air conditioner absorbs the heat in the room and discharges the heat to the outside. Air energy is the heat that absorbs the environment and discharges heat to the tank. Factors driving the growth of the air energy water heater market include the energy-efficient technology along with the usage of non-conventional sources of energy to heat the water. In addition, supportive regulations and grants for using renewable sources of energy in different applications are also expected to play a key role in the growth of this market during the forecast period.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Air Energy Water Heater Market various segments and emerging territory. Influencing Market Trend
Energy Efficiency Regulations in Various Countries
Market Drivers
Increasing demand for low emission and energy-efficient water heater across the globe
Growing Stringent Norms Toward the Adoption of Energy Efficient Heating Appliances
Opportunities:
Rapid Growth in Urbanization and Increasing Construction of New Residential and Commercial Buildings in Developing Nations
Increasing Demand for Replacement of Existing Water Heaters
Challenges:
Inclination Toward Solar Water Heating Systems may Limit Sales of Air Energy Water Heaters
Have Any Questions Regarding Global Air Energy Water Heater Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/113280-global-air-energy-water-heater-market Analysis by Type (Fluorine Cycle, Water Cycle), Application (Family, Hostel, Hair Salon, Factory, Other), Distribution Channel (Online, Ofline)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Haier Group Corporation (China), A. O. Smith Corporation (United States), Gree Electric Appliances Inc (China), Zhejiang Zhongguang (Outes)(China), Ariston Thermo SpA (Italy), Vatti (China), Tepco (Japan), Panasonic (Japan)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players The regional analysis of Global Air Energy Water Heater Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
Table of Content Chapter One: Industry Overview Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis Chapter Three: Production Market Analysis Chapter Four: Sales Market Analysis Chapter Five: Consumption Market Analysis Chapter Six: Production, Sales and Consumption Market Comparison Analysis Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis Chapter Eight: Competition Analysis by Players Chapter Nine: Marketing Channel Analysis Chapter Ten: New Project Investment Feasibility Analysis Chapter Eleven: Manufacturing Cost Analysis Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/113280-global-air-energy-water-heater-market Highlights of the Report • The future prospects of the global Air Energy Water Heater market during the forecast period 2023-2028 are given in the report. • The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report. • The emerging technologies that are driving the growth of the market are highlighted in the report. • The market value of the segments that are leading the market and the sub-segments are mentioned in the report. • The report studies the leading manufacturers and other players entering the global Air Energy Water Heater market. Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]
#Global Air Energy Water Heater Market#Air Energy Water Heater Market Demand#Air Energy Water Heater Market Trends#Air Energy Water Heater Market Analysis#Air Energy Water Heater Market Growth#Air Energy Water Heater Market Share#Air Energy Water Heater Market Forecast#Air Energy Water Heater Market Challenges
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Solar Water Heater Market: Transitioning to Sustainable Heating Solutions (2020-2027)
The global solar water heater market is heading toward an expansion phase. This is attributed to a significant surge in demand from residential and commercial end users. In addition, a rise in concern from governments across emerging nations, such as China, India, and South Korea, regarding zero-emission norms is expected to drive market growth. The global solar water heater market was valued at $4.7 billion in 2019 and is projected to reach $6.7 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://www.alliedmarketresearch.com/request-sample/8322
The solar water heater is a device, which captures sunlight to heat water. It collects heat with the help of a solar collector, and the heat is passed to the water tank with the help of a circulating pump. It helps in energy consumption as solar power is free in contrast to natural resources such as natural gas or fossil fuels.
The surge in demand for water heating systems in isolated and rural areas is anticipated to propel the market growth. Small-scale solar water heaters are predominately used in rural areas due to their low cost and high efficiency in various climate conditions. For instance, China has around 5,000 small & medium-scale solar water heater manufacturers and most of them serve in rural areas. In addition, substantial government support in terms of rebates and energy schemes is expected to further attract new customers, thereby enhancing the market growth.
Based on type, the glazed segment emerged as the market leader, owing to the high absorption efficiency of glazed collectors compared to unglazed collectors. However, the high price of glazed collectors may restrict their usage for small-scale applications.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/8322
Based on capacity, the 100-liter capacity segment accounted for a significant market share. This is attributed to the rise in demand in the residential sector. A low-cost solar water heater with a 100-liter capacity is sufficient for a family of 2-3 members in residential buildings.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
The Solar Water Heater industry's key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.
𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐒𝐨𝐥𝐚𝐫 𝐖𝐚𝐭𝐞𝐫 𝐇𝐞𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞,
Jiangsu Sunpower Solar Technology Co.,ltd Zhejiang JiaDeLe Solar Energy Co., Ltd. Solahart, Solav Energy A. O. Smith India Water Products Pvt. Ltd. Alternate Energy Technologies, KODSAN Himin Solar Energy Group Ariston Thermo SpA V-Guard Industries Ltd
The residential solar water heater segment accounted for a significant market share, owing to robust investment in the construction sector for the re-establishment and refurbishment of buildings. Most of these new buildings have solar collectors installed on the roof, which are connected to the water tank by means of a circulating pump.
North America accounted for a significant market share, owing to favorable government measures to promote solar power technologies for residential and commercial places.
𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/8322
𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲:
- Glazed sola water heater is projected to grow at the highest CAGR of approximately 6.2%, in terms of revenue, during the forecast period. - By capacity, the others segment is anticipated to grow with a CAGR of 8.2%, in terms of revenue, during the forecast period. - The Asia-pacific dominated the market with around 55% revenue shares in 2019.
𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐚𝐧𝐝 𝐏𝐨𝐰𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
𝟏. 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐖𝐚𝐭𝐞𝐫 𝐇𝐞𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2021/10/18/2315804/0/en/Global-Electric-Water-Heater-Market-to-Reach-40-1-Billion-by-2030-Allied-Market-Research.html
𝟐. 𝐒𝐩𝐚𝐜𝐞-𝐁𝐚𝐬𝐞𝐝 𝐒𝐨𝐥𝐚𝐫 𝐏𝐨𝐰𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2021/10/12/2312246/0/en/Global-Space-Based-Solar-Power-Market-To-Reach-902-2-Million-by-2030-Allied-Market-Research.html
𝟑. 𝐏𝐞𝐫𝐨𝐯𝐬𝐤𝐢𝐭𝐞 𝐒𝐨𝐥𝐚𝐫 𝐂𝐞𝐥𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.prnewswire.com/news-releases/perovskite-solar-cell-market-to-reach-6-6-bn-globally-by-2030-at-32-4-cagr-amr-301407400.html
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.
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District Heating Market Trends: Unraveling the Forces Driving Market Expansion
District heating is a system for distributing heat generated in a centralized location through a system of insulated pipes for residential and commercial heating requirements such as space heating and water heating. It is effectively used for community heating, district heating systems allow the use of a wider variety of energy sources including waste incineration, biomass, geothermal heating, solar thermal energy, and cogeneration. With stringent regulations on carbon emissions, there is a growing demand for cleaner sources of heating such as renewable energy.
The global district heating Market is estimated to be valued at US$ 50.8 billion in 2023 and is expected to exhibit a CAGR of 1.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity:
The opportunity to reduce carbon emissions through the use of renewable energy in district heating systems is driving market growth. Renewable sources of energy such as biomass, geothermal and solar thermal can provide clean sources of heating with little to no greenhouse gas emissions. As countries aim to meet climate targets and transition to net-zero economies, there is a growing focus on decarbonizing heating systems. District heating provides an efficient way to integrate renewable energy at scale to replace fossil fuels for residential and commercial heating. The high upfront investment required is being supported through government incentives and policies to encourage the development of renewable energy-based district heating infrastructure. This is expected to provide lucrative opportunities for market players over the forecast period. Porter's Analysis
Threat of new entrants: The district heating market requires high capital investments for infrastructure development lowering the threat of new entrants. Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of alternative heating sources including natural gas, electricity and renewable energy based systems. Bargaining power of suppliers: Suppliers have moderate bargaining power due to the presence of multiple fuel and component suppliers. Threat of new substitutes: Alternatives like individual electric heaters, gas heaters pose low threat due to the economic and environmental benefits of district heating systems. Competitive rivalry: Intense due to the large presence of global players focusing on innovations and expanded operations. SWOT Analysis
Strength: District heating offers lower carbon emissions and energy costs compared to individual options. Renewable energy integration has increased efficiency. Weakness: High initial investments and slow returns hamper small projects. Reliance on limited fuel sources is a risk. Opportunity: Rapid urbanization in developing nations raises demand. Growing focus on reducing carbon footprint favors expansion. Threats: Fluctuating fuel prices increase operating costs. Changing climate policies could impact investments. Key Takeaways
The global District Heating Market is expected to witness high growth. The global District Heating Market is estimated to be valued at US$ 50.8 billion in 2024 and is expected to exhibit a CAGR of 1.5% over the forecast period 2023 to 2030.
Regional analysis related content comprises Regional analysis related content The Asia Pacific region is projected to grow at the fastest pace during the forecast period attributed to rapid infrastructural development and urbanization. China, India and Indonesia dominate the regional industry. Key players related content comprises Key players related content Key players operating in the District Heating Market are Vattenfall AB, SP Group, Danfoss Group, Engie, NRG Energy Inc., Statkraft AS, Logstor AS, Shinryo Corporation, Vital Energi Ltd, Göteborg Energi, Alfa Laval AB, Ramboll Group AS, Keppel Corporation Limited, FVB Energy. Vattenfall AB and SP Group captured over 15% of the global revenue share in 2023.
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Commercial Water Heaters Market Research Report by Type, Liter, by Rated Capacity, and Region
The Commercial Water Heaters market size is projected to reach a CAGR of 6.2% from 2021 to 2028.
Commercial Water Heaters are similar to the residential water heaters in the fact that both are used for the process of heating of stored water. But to a difference commercial water heaters can heat the water at an exponential rate and can also handle a larger amount of water than the residential one. These have an average life of about 10-15 years.
Raised investments in the sector along with the urgent need of on-demand heating devices are some of the factors that have supported long-term expansion for Commercial Water Heaters Market.
COVID-19 had a negative effect on the market, as the global supply chains were disrupted.
To Understand Business Strategies, Request for a Sample Report at: https://www.delvens.com/get-free-sample/commercial-water-heaters-market-trends-forecast-till-2028
Regional Analysis
North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the presence of key players in the region.
Competitive Landscape
Key Players
A.O. Smith Corporation
American Water Heaters
Ariston Thermo Group
Bock Water Heaters, Inc.
Bosch Industries
Bradford White
Daikin Industries, Ltd.
Danfoss A/S
Giant Manufacturing Co. Ltd.
Jinyi Solar Water Heater
Johnson Controls-Hitachi Air Conditioning
Midea Group
Mitsubishi Electric Corporation
Nibe Energy Systems
PVI Industries
Rheem Manufacturing Company
Rinnai Corporation
Solahart
Stiebel Eltron
Vaillant Group
Viessmann Group
To Grow Your Business Revenue, Make an Inquiry Before Buying at: https://www.delvens.com/Inquire-before-buying/commercial-water-heaters-market-trends-forecast-till-2028
Recent Developments
In June 2021 Bradford White Corporation completely acquired Keltech with an aim to expand its portfolio in commercial & industrial electric products.
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Commercial Water Heaters Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
Direct Purchase of Research Report at: https://www.delvens.com/checkout/commercial-water-heaters-market-trends-forecast-till-2028
Report Scope
Commercial Water Heaters Market is segmented into product type, storage capacity, application and region.
On the basis of Product Type
Instant
Electric
Gas
Storage
Electric
< 30 Liters
30 -100 Liters
100 - 250 Liters
250 - 400 Liters
> 400 Liters
Gas
< 30 Liters
30 -100 Liters
100 - 250 Liters
250 - 400 Liters
> 400 Liters
On the basis of Capacity
< 30 Liters
30 - 100 Liters
100 - 250 Liters
250 - 400 Liters
> 400 Liters
On the basis of Application
College/University
Offices
Government/Military
Others
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
The Commercial Water Heaters Market report answers a number of crucial questions, including:
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What current trends will influence the market over the next few years?
What are the market's opportunities, obstacles, and driving forces?
What predictions for the future can help with strategic decision-making?
What advantages does market research offer businesses?
Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
What is the anticipated growth rate for the market economy globally?
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Solar Thermal Collector Market – Industry Trends and Forecast to 2028
Solar thermal collector market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the solar thermal collector market to account to USD 81.76 billion growing at a CAGR of 13.38% in the above-mentioned forecast period.
A truthful SOLAR THERMAL COLLECTOR MARKET business report contains a chapter on the universal SOLAR THERMAL COLLECTOR market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report not only saves precious time but also add credibility to the work. By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work exhaustively to formulate this market report. SOLAR THERMAL COLLECTOR market analysis document offers the professional and in-depth study on the current state for the ABC industry. Global SOLAR THERMAL COLLECTOR market report contains numerous aspects of the market analysis which many businesses call for. This market research report comprises of a chapter on the global market and all of its associated companies with their profiles, which gives important information and data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The large scale SOLAR THERMAL COLLECTOR report also presents a profound overview of product specification, technology, applications, product type and production analysis considering major factors such as revenue, cost, and gross margin about ABC industry.
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Market Analysis and Insights of Global Solar Thermal Collector Market
Solar thermal collector is used to heat water and air. Active solar systems have thermal collectors used to absorb heat energy, supplied by the sun, water heaters and space temperatures. Roof solar panels (collectors) are the main source of heat generation, used in conjunction with a boiler, collector or immersion heater. The solar collector uses the sun's rays to heat the transfer fluid, which is usually a mixture of water and glycol. Glycol acts as an anti-freeze and prevents water from freezing. In concentrated solar power plants, other complex types of solar thermal collectors are used to generate electricity.
Lack of sunlight in adequate quantity in several nations and high installation cost is a challenge for solar thermal collector market. However, less awareness among consumers regarding the benefits of making use of solar energy in underdeveloped and developing economies is a restraint in growth of solar thermal collector market during the forecast period of 2021-2028.
Solar Thermal Collector Market Scope and Market Size
Based on product outlook, the solar thermal collector market is segmented into concentrating and non-concentrating. Non-concentrating is further segmented into flat plate, evacuated tube, unglazed water collectors and air collectors.
Based on application outlook, the solar thermal collector market is segmented into commercial, residential and industrial.
Based on collector type, the solar thermal collector market is segmented into evacuated tube collector, flat plate collector, unglazed water collector and air collector.
Solar thermal collector market has also been segmented based on types of system, into thermosiphon solar heating system and pumped solar heating system.
Solar Thermal Collector Market Country Level Analysis
The countries covered in the solar thermal collector market report are U.S.
Canada and Mexico in North America
Germany
France
K.
Netherlands
Switzerland
Belgium
Russia
Italy
Spain
Turkey
Rest of Europe in Europe
China
Japan
India
South Korea
Singapore
Malaysia
Australia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
Saudi Arabia
A.E
Israel
Egypt
South Africa
Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Brazil
Argentina and Rest of South America as part of South America.
Solar Thermal Collector Market Share Analysis
Solar thermal collector market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to solar thermal collector market.
Leading Players
The major players covered in the solar thermal collector market report are TVP Solar
Alternate Energy Technologies
LLC
Sunmaster Ltd.
Solar Millennium AG
SunMaxx Solar
Solar Skies Mfg.LLC
Airlight Energy
Thermomax
Cogen Microsystems
Suncor Energy Inc.
AES
Solarus
Absolicon Solar Collector AB
Solarkilns Pty Ltd
Sunplate Corporation
Artic Solar
Boen Solar Energy
Trevi Systems
SUNRAIN
Greenonetec Solarindustrie GmbH.
LINUO RITTER INTERNATIONAL CO. LTD
Photon Energy Systems Limited among other domestic and global players. Market share data is available for Global
North America
Europe
Asia-Pacific (APAC)
Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: solar thermal collector market
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Luxury Hotel Market Size, Future Trends, Growth Key Factors, Demand, Share, Application, Scope, and Opportunities Analysis by Outlook 2028
The global luxury hotel market size is projected to reach USD 238.49 billion by 2028, exhibiting a CAGR of 10.4% during the forecast period. Fortune Business Insights™ diagnoses this market in its report, titled “Luxury Hotel Market, 2021-2028”, which also states that the market value stood at USD 93.43 billion in 2020.
COVID-19 to Create Widespread Instability in the Hospitality Industry
The luxury hotel market growth is expected to shrink due to the COVID-19 pandemic, with a market registering an astonishing decline of 60.82% in 2020 and reaching a value of USD 119.55 billion in 2021. One main reason for this unprecedented downturn in the hospitality industry is the steep drop in tourist activities worldwide. As per the estimations released by the UN World Tourism Organization (UNWTO), export revenues from tourist arrivals fell by approximately USD 910 billion to 1.2 trillion in 2020, potentially shrinking the global GDP by 1.5% to 2.8%. Hotels, in particular, have been the hardest hit. For example, according to the American Hotel & Lodging Association (AHLA), 71% of hotels will not survive the next six months without federal assistance and 77% will have to lay-off workers. Luxury hotel chains, such as Le Meridien, have also resorted to cost-cutting, given the new travel bans and the possibility of movement restrictions. In sum, markets associated with the travel, tourism, and hospitality industry are set to enter a period of deep financial stress on account of the coronavirus.
Fortune Business Insights™ lists out all the luxury hotel market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
Mandarin Oriental Hotel Group (Quarry Bay, Hong Kong)
Accor SA (Issy-les-Moulineaux, France)
Shangri-La Asia Limited (Quarry Bay, Hong Kong)
Four Seasons Hotel Limited (Toronto, Canada)
Hyatt Hotels Corporation (Chicago, U.S.)
The Indian Hotels Company Limited (Mumbai, India)
Kempinski Hotels S.A. (Geneva, Switzerland)
Hilton Hotels & Resorts (McLean, U.S.)
InterContinental Hotels Group plc (Denham, U.K.)
Marriott International, Inc. (Maryland, U.S.)
Emergence of Eco-friendly Luxury Hotels to Accelerate the Market
The development of hotels guided by the principles of environmental sustainability has altered perceptions surrounding luxury accommodations. The increasing environmental consciousness among new-age travelers has redefined the dynamics hitherto governing the hospitality industry, leading to the construction of eco-friendly luxury hotel brands. For example, the Andaz Maui at Wailea Resort in Hawaii has been conceived to minimize waste and emissions. The resort features a solar water heater system and variable speed chillers, while in the in-room settings, the glassware is made from recycled materials along with automated temperature controls. Similarly, at the Saffire Freycinet in Tasmania, Australia, Modwood is used as a wood substitute, LED technology is extensively utilized to make the entire facility energy-efficient, and natural cycle airflow systems have also been installed. The growing popularity of such premium properties in exotic locations is set to accelerate the expansion of this market.
Highlights of the Report
This report offers a detailed analysis of the various market drivers and trends, along with a careful study of the various market restraints. Moreover, the report contains a comprehensive examination of the regional dynamics of the market, as well as an in-depth evaluation of the competitive landscape of the market. In addition to these factors, the report supplies an exhaustive assessment of all market segments.
Market Segments
Based on room type, the market has been divided into luxury, upper-upscale, and upscale. By category, the market has been segmented into chain and independent. On the basis of geography, this market has been segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Regional Insights
High Spending Capacity of Travelers to Fuel the Market in North America
Backed by a high spending potential of consumers, North America is anticipated to dominate the luxury hotel market share during the forecast period. A report by the US Travel Association showed that in 2019, domestic travelers spent USD 972 billion, of which roughly 25% was spent on lodging facilities. Furthermore, expenditures on hotels and resorts of both domestic and international travelers rose by 4.1% in 2019 from 2018 levels, as per the report, indicating a strong willingness to spend on vacations by consumers. The North America market size stood at USD 30.66 billion in 2020.
In Europe, the market will enjoy a period of sustained growth as the continent is home to some most attractive tourist places on the planet. The UNWTO, for instance, observed that Europe accounted for nearly half of all tourist arrivals globally in 2018. In Asia Pacific, on the other hand, the expanding upper-middle-class and middle-class populations are pulling international luxury hotel chains to establish their presence in countries such as India, China, and Indonesia.
Competitive Landscape
Key Players to Tap Opportunities in Developing Markets
With the standard of living transforming in the emerging markets of Asia and Africa, luxury hotel brands are actively amplifying their presence and operations in these countries. Several hotel chains are coming up with new offers and creating unique economy segments and services to attract travelers and entrench their regional position.
Industry Developments:
January 2021: Marriott International announced its plans of opening 100 new properties across Asia Pacific in 2021. The aim is to bring brands and exquisite experiences to travelers and guests in unexplored destinations in the region.
March 2020: Luxe Collection opened its first branded property in New York City, the Luxe Life Hotel New York. To this will be added new 4- and 5-star hotels – Zeavola Resort (Thailand), Il Tornabuoni (Florence), Eurostars Magnificent Mile (Chicago), CoolRooms Atocha (Spain), and The Belmont (Dallas).
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Global Solar Heater Market Size and Growth
Solar Revolution: Unleashing the Power of Renewable Energy
Discover the latest trends and forecasts in the global solar market, driven by technological advancements, policy support, and increasing demand for renewable energy.
The global solar market is experiencing unprecedented growth, driven by the increasing demand for renewable energy sources. As the world transitions to a low-carbon economy, solar energy is poised to play a vital role in shaping a sustainable future. According to the International Energy Agency (IEA), solar energy will account for 27% of global electricity generation by 2050, surpassing fossil fuels. This surge in growth is attributed to declining costs, improving efficiency, and favorable government policies.
Global Solar Market Growth: A Bright Future Ahead
The global solar market is expected to reach 8.49 thousand gigawatts by 2029, growing at a compound annual growth rate (CAGR) of 31.85% from 2024. This remarkable growth is driven by:
Declining Costs: The cost of solar panels has decreased by 70% over the past decade.
Government Policies: Favorable policies and regulations, such as tax credits and net metering laws.
Increasing Demand: Growing demand for renewable energy, driven by concerns about climate change and energy security.
Key Trends Shaping the Solar Industry
Solar Photovoltaic (PV) Dominance: Solar PV installations are expected to reach 1.5 TW by 2025.
Energy Storage Integration: Integrating solar energy with energy storage systems.
Smart Technologies for solar : Advancements in smart solar technologies, such as bifacial panels and solar-plus-storage solutions.
Global Solar Heater Market Size and Growth
Regional Analysis: Asia-Pacific Leads the Charge
Asia-Pacific: China, India, and Japan will drive growth, with China aiming to expand its distributed renewable energy capacity.
North America: The US and Canada will drive growth, with the US Inflation Reduction Act providing incentives.
Europe: Germany, Spain, and Italy will be key markets, with the EU aiming to generate 82% of its electricity from renewable sources.
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Competitive Landscape: Top Players and Innovations
Top Players: Canadian Solar, JinkoSolar, Trina Solar, and LONGi Green Energy Technology.
Innovation: Companies focusing on energy storage systems, bifacial panels, and solar-plus-storage solutions.
Challenges and Opportunities
Policy and Regulation: Favorable policies and regulations will drive growth.
Technological Advancements: Improving efficiency and reducing costs.
Grid Integration: Ensuring grid stability and integration.
Solar Market Growth Drivers
Declining Costs: Solar panel costs decreased by 70% over the past decade.
Government Policies: Favorable policies and regulations drive growth.
Increasing Demand: Growing demand for renewable energy.
Solar Market Segments
Residential Solar: Homeowners adopting solar energy.
Commercial Solar: Businesses installing solar panels.
Utility-Scale Solar: Large-scale solar farms.
Solar Technology Advancements
Bifacial Solar Panels: Bifacial panels increase efficiency.
Solar-Plus-Storage: Integrating solar energy with energy storage.
Smart Technologies for solar : Advancements in energy monitoring and optimization.
Conclusion
The global solar market is poised for remarkable growth, driven by technological advancements, policy support, and increasing demand for renewable energy. As the world transitions to a low-carbon economy, solar energy will play a vital role.
Recommendations
Invest in Solar Energy: Consider investing in solar energy.
Stay Informed: Stay up-to-date with solar market trends.
Support Renewable Energy: Advocate for policies supporting renewable energy.
Additional Resources
International Energy Agency (IEA): Solar Energy Market Report
Solar Energy Industries Association (SEIA): Solar Market Insight Report
Renewable Energy Policy Network for the 21st Century (REN21): Renewables Global Futures Report
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Rise in Demand for Energy-Efficient Water Heaters Expected to Drive World Solar Water Heater Market over the Forecast Period: Ken Research Solar water heater is a device, used to heat water by transforming sunlight into heat with the help of a thermal collector.
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Global Solar Water Heater Market Report 2021 – Industry Capacity, Manufacture, Value, Consumption, Status and Prediction 2025
Market Overview The Global Solar Water Heater Market is foreseen to experience a fall from USD XX billion in 2020 to USD XX billion in 2021 at a CAGR of XX%. The descent is primarily the result of economic decline across countries unsettled due to ongoing Coronavirus outbreak, including controlling it. Thereafter, the Solar Water Heater market is likely to restore and expand at a CAGR of XX% from 2021, stretching up to USD XXX billion in 2024. BUY ANY 3 AND PAY FOR ONLY 2 Hurry Up To Grab This Exciting Offer…………! This Discount offer is valid till 31st March 2021 Get Free Sample Report @ https://ordientmarketresearch.com/sample-request/equipment-and-machinery/world-solar-water-heater-market/OMR2145 The research document comprises market traits, opportunities, industry size, fragmentation, territorial breakdowns, market shares, ongoing trends, competitive landscape, and strategies for the Solar Water Heater market. The report also tracks essential information about the market and predict market expansion by the geographic landscape. It also positions the market under the extensive Solar Water Heater market framework and collates it with other alternative markets. This report also offers the planners, policymakers, senior leadership, and traders crucial details to estimate the global Solar Water Heater market as it arises from the COVID-19 closure. Market Scope The Solar Water Heater Industry sets out tendencies that affect various subsidiary industries. Therefore, the Global market has ruled for being one of the leading revenue generators over the past several decades. This industry has challenged every economic disruption and withstands the test of time. Though this could benefit to motivate new market players in the Global industry, the preference for product development and novel procedures could assist new participants in obtaining a stronghold. Browse Full Premium Report @ https://ordientmarketresearch.com/equipment-and-machinery/world-solar-water-heater-market/OMR2145 Solar Water Heater Market Research Report is Segmented as Follows: Product Types can be segregated as: Integrated Collector Storage (ICS or Batch Systems) Evacuated-tube solar collectors Thermosyphon systems Flat-plate collector Applications can be segregated as: residential use industrial use Others Regions covered in this report are: North America United States Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia-Pacific Latin America Mexico Brazil Middle East & Africa Turkey Saudi Arabia UAE Rest of Middle East & Africa Checkout Inquiry For Buying or Customization of Solar Water Heater Market: https://ordientmarketresearch.com/enquiry/equipment-and-machinery/world-solar-water-heater-market/OMR2145 Global Solar Water Heater Market Report provide in-depth information about the Leading Competitors involved in this report: Sunrain Solar Energy Shandong Sang Le Linuo Ritter HUAYANG TP Solar TSINGHUA SOLAR Sunshore Solar Huihuang solar Qingdao Aucma Himin BEST Haier SUNHOME 5 STAR Shandong Ecoo Solar YuanSheng Solar Group CHINSUN SUNLEADA GOMON Royalstar Innovations in the technology field have contributed to the growth of the Global industry. The arrival of energy- and cost-efficient appliances have rejuvenated procedures in the Solar Water Heater industry. Economic expansion in developing countries as well have arisen as an advantage for the Global industry. Although strict rules that supervise global production and processing affect the growth rate of the Global industry. Enquire about Discount for This Report @ https://ordientmarketresearch.com/check-discount/equipment-and-machinery/world-solar-water-heater-market/OMR2145 Reasons to buy this report: Obtain a genuinely global viewpoint along with the most extensive report obtainable on the Solar Water Heater market, including more than 50 ecologies. Develop regional and territorial schemes depending on local data and research. Recognize customers and client
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(CAGR) of 7.1% , Solar Water Heater Market to See Huge Growth by 2030 | Alternate Energy Technologies., Himin Solar Energy Group, V-Guard Industries Ltd
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Solar Concentrator Market Expected to Witness Sustainable Growth Over 2031
The solar concentrator market size was valued at $5.2 billion in 2021, and the solar concentrator industry is estimated to reach $24.6 billion by 2031, growing at a CAGR of 16.8% from 2022 to 2031. Solar concentrators are devices that collect solar radiation and concentrate at a single focal point. The devices are mainly comprised of a series of lens or mirror assemblies, heat receivers, and a tracking system. The performance of the concentrator depends on the intensity of solar radiation, the incident angle of radiation, and its relative position to the sun and the reactor to be heated.
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The rising requirement and demand for low-emission energy generation are driving the expansion of the worldwide solar concentrator market. Furthermore, the growth in demand for clean and green energy is propelling the worldwide solar concentrator market throughout the forecast period. Growing environmental concerns and pollution levels are driving up demand for solar concentrators in the global market. Furthermore, economic advancements are influencing the growth and development of the worldwide solar concentrator market.
Solar concentrators are specially designed for heating fluids which can be directly used for hot water, power generation, or space heating and cooling. Solar thermal power or electric generation systems can collect and concentrate the sunlight to generate high-temperature heat that is required to produce electricity. The shifting preference from fossil fuels to renewable energy sources to mitigate environmental impacts. Likewise, the emergence of solar power as the most sustainable source of renewable energy will also boost the installation of solar thermal power plants worldwide.
The rise in prominence of solar space heating, coupled with the significant development of testing facilities for solar receiver tubes and other thermal components, is projected to foster the solar thermal market trends. In addition, the introduction of favorable schemes to encourage the installation of solar water heaters and heat pump technologies is projected to further amplify industry expansion in the upcoming years. In 2021, Miriam Dalli, Minister for Energy, Enterprise, and Sustainability in Malta, launched new schemes to encourage consumers to make a switch from conventional geysers to efficient solar water heaters.
The global solar concentrator market is primarily driven due to increase in population and the gradual shift from fossil fuel resources to renewable energy resources has a positive impact on the solar concentrator market. The presence of rapid growth in population and gradual change in lifestyle among the people due to an increase in income has influenced the demand for solar thermal products.
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The increase in awareness among the people regarding the advantages of utilization of solar thermal products compared to other products in residential and commercial heating is a major factor driving the market growth. The increase in the investment of the government in developing countries such as India, and China towards renewable energy will boost the demand for the solar concentrator market during the forecast period.
However, the start-up costs of solar thermal energy devices are usually higher because of the greater expense per unit of energy generated. However, solar thermal energy lacks a feedstock demand, which led to increased investment to optimize solar thermal technology. Solar thermal devices cannot generate energy with consistency as most fossil fuels and cannot produce solar energy during cloudy days, or after dark. Hence making it an unreliable source of energy; furthermore, unlike fossil fuels, the energy produced from solar concentrators cannot be easily stored.
The solar concentrator market forecast is segmented on the basis of type, technology, application, end-use, and region. By type, the market is divided into cylindrical parabolic, paraboloid revolution, and others, By technology, the market is divided into solar power towers, linear concentrating systems, and dish sterling technology. By application, it is divided into electricity generation, heating fluids, and others. By end use, it is divided into residential, commercial, and industrial. By region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
On the basis of type, the paraboloid revolution segment accounted for 55.1% of the solar concentrator market share in 2021 and is expected to maintain its dominance during the forecast period. Paraboloid revolutions are also known as 3D hubs as they are 3D-printed external light traps on a small solar cell. An external light trap consists of a parabolic concentrator and a spacer that redirects the photons that are reflected by the solar cell back toward the solar cell. Metallic parabolic concentrators with square and hexagonal top shapes can be arranged in an array which will improve the efficiency of power generation in the solar industry.
On the basis of technology, the solar power towers segment accounted for 61.1% of the solar concentrator market share in 2021 and is expected to maintain its dominance during the forecast period. Solar power tower, also known as ‘central tower’ power plant. It is a type of solar furnace using a tower to receive focused sunlight. It uses an array of flat, movable mirrors to focus the sun’s rays upon a collector tower. Early designs used these focused rays to heat water and used the resulting steam to power a turbine.
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Competitive Landscape
Key players in the solar concentrator industry are Acciona SA, Abors Green GmbH, Siemens AG, Abengoa Solar GmbH, Trivelli Energia, Bright Source, Solar Reserve, Torresol Energy, Clique Solar, and ACWA Power. These players have adopted various strategies to gain a higher share or retain leading positions in the market.
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