Market Overview

Global Solar Thermal Market Analysis, Trends, Challenges & Forecasts 2018-2022, With the Market Value to Rise at a CAGR of 4.78% -


The "Global
Solar Thermal Market 2018-2022"
report has been added to's

The analysts forecast the global solar thermal market to grow at a CAGR
of 4.78% during the period 2018-2022.

Solar thermal energy concentrates sun rays on a heat transfer fluid to
produce steam. This steam is then converted into mechanical energy in a
turbine that turns a generator to produce electricity. It is different
from solar photovoltaic (PV) systems, wherein the electricity is
produced directly from solar radiation using solar panels.

The report covers the present scenario and the growth prospects of the
global solar thermal market for 2018-2022. To calculate the market size,
the report presents a detailed picture of the market by way of study,
synthesis, and summation of data from multiple sources.

One trend in the market is solar thermal enhanced oil recovery. Solar
thermal enhanced oil recovery (EOR) is a technique applied to increase
the production from maturing oil reservoirs using CSP technology. With
the maturing oil fields, the production decreases substantially.

One driver in the market is the rise in investments in renewable energy.
The total cost of electricity generated from renewable energy sources is
more than that from conventional sources. However, the technology used
to generate electricity from renewable energy sources is growing rapidly.

The report states that one challenge in the market is technical
challenges associated with solar thermal technology. Grid operators face
certain technical challenges associated with the power generated through
solar thermal technology. At the national level, it is necessary to
identify the pathways to integrate power generation into existing energy
systems owing to the intermittent nature of renewable sources of energy.

Companies Mentioned

  • Abengoa
  • Bosch Thermotechnology
  • Viessmann

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Market Segmentation By Application

8: Customer Landscape

9: Regional Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

15: Appendix

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