Global Solar Thermal Generator Market Growth 2025-2031

The global Solar Thermal Generator market size is predicted to grow from US$ 433 million in 2025 to US$ 699 million in 2031; it is expected to grow at a CAGR of 8.3% from 2025 to 2031.

Solar photothermal generator is a power generation method that uses solar energy to convert light energy into thermal energy, and then converts the thermal energy into electrical energy. It mainly uses a solar thermal concentrator to focus sunlight on a specific area, causing the temperature of the area to increase, thereby generating steam, which drives a turbine to generate electricity. This power generation technology is environmentally friendly, renewable, and efficient, and is a new type of clean energy with great potential.

United States market for Solar Thermal Generator is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Solar Thermal Generator is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Solar Thermal Generator is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Solar Thermal Generator players cover Abengoa (Spain), BrightSource Energy (USA), SolarReserve (USA), Siemens Gamesa (Spain), Acciona (Spain), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Solar Thermal Generator Industry Forecast” looks at past sales and reviews total world Solar Thermal Generator sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar Thermal Generator sales for 2025 through 2031. With Solar Thermal Generator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Thermal Generator industry.

This Insight Report provides a comprehensive analysis of the global Solar Thermal Generator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solar Thermal Generator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar Thermal Generator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Thermal Generator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Thermal Generator.

This report presents a comprehensive overview, market shares, and growth opportunities of Solar Thermal Generator market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Trough type
Tower type
Disc
Linear Fresnel

Segmentation by Application:
Power Grid
Industry
Civilian
Ocean

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Abengoa (Spain)
BrightSource Energy (USA)
SolarReserve (USA)
Siemens Gamesa (Spain)
Acciona (Spain)
Sener(Spain)
ACWA Power (Saudi Arabia)
Torresol Energy (Spain)
Rioglass Solar (Spain)
Schott Solar (Germany)
Sundrop Farms (Australia)
TSK Flagsol (Spain)
eSolar (USA)
Areva Solar (France)
Heliogen (USA)
Shouhang High-Tech Energy (China)
Powerchina (China)
Energy China (China)
Supcon Solar (China)
China General Nuclear Power Group (Cgn) (China)
China Huaneng Group (China)
China Datang Corporation (China)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Solar Thermal Generator market?

What factors are driving Solar Thermal Generator market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Solar Thermal Generator market opportunities vary by end market size?

How does Solar Thermal Generator break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.