Global Solar Collector Market 2015-2019
About Solar Collector
A solar collector is a device used to capture solar energy and convert it into useful thermal energy. There are mainly two types of solar collectors: concentrating and non-concentrating solar collectors. Concentrating solar collectors are used in solar power plants such as solar parabolic trough and solar towers, and non-concentrating solar collectors are used in small-scale applications such as flat plate, evacuated tube, unglazed water collector, and air collector.
TechNavio's analysts forecast the Global Solar Collector market to grow at a CAGR of 24.9 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the Global Solar Collector market for the period 2015-2019. The market is segmented on the basis of: technology and geography.
TechNavio's report, the Global Solar Collector Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Solar Collector market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. Key Regions
TechNavio Announces the Publication of its Research Report – Global Solar Collector Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Solar Collector Market: Hewalex, MainFrame Energy Solutions Pvt. Ltd., Solar Skies Mfg. LLC, SunMaxx Solar Inc. and TVP Solar SA.
Other Prominent Vendors in the market are: Alternate Energy Technologies, Aora Solar, KYOCERA Solar, Novatech Solar, Rackam and Skyfuel.
Commenting on the report, an analyst from TechNavio’s team said: “Storing solar energy using a solar inverter system is a major trend in the market. The solar inverter system that incorporates storage facilities enables power grids to supply power on a continual basis with fewer interruptions.”
According to the report, enhanced government support is a prevailing driver in the market. Governments worldwide are providing subsidies like investment tax credits and other tax benefits to encourage the use of solar collectors and to encourage investment in technologies related to renewable energy generation.
Further, the report states that the demand for solar collectors depends heavily on the availability of sunlight, which may pose a threat to the market growth, as the intensity of sunlight is prone to seasonal and daily fluctuations.
HEWALEX, MainFrame Energy Solutions , Solar Skies , SunMaxx Solar, TVP Solar, Alternate Energy Technologies, Aora Solar, KYOCERA Solar , Novatech Solar, Rackam , Skyfuel