Market Research Reports
Resources
About
Cart (0)

Global Markets for Residential and Commercial Solar Thermal Technologies

Report Code: EGY069A

Publish Date: Nov 2009

Publisher: BCC Publishing

Category: Energy

Customize This Report

Single User License: $2750

Member Price: FREE

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

  • Over the period from 2009 through 2014, BCC predicts that the global market for water–heating ST residential and commercial technologies will grow at a compound annual growth rate (CAGR) of 20%, from $7.9 billion to nearly $19.6 billion.   The global market for air–heating ST residential and commercial technologies will also indicate growth, although projected growth through 2014 will be more modest as compared to water–heating technologies.  The air–heating ST market will grow from $62.5 million in 2009 to approximately $91.5 million in 2014, for a CAGR of 7.9%.

INTRODUCTION

STUDY GOALS AND OBJECTIVES
 
BCC’s goal in conducting this study was to assess and describe the current status of the worldwide solar thermal (ST) industry for all major residential and commercial technologies, and assess the potential growth of that industry. More specifically, the study included the following objectives: (1) summarize existing residential and commercial ST technologies and promising emerging technologies that are under development; (2) evaluate the existing ST industry, focusing on producers of each major viable residential or commercial ST technology; and (3) assess market potential for residential and commercial ST technologies over a 5–year period, from 2009 through 2014.
REASONS FOR COMPLETING THIS STUDY
 
Driven by the intensification and increased global awareness surrounding several energy–related issues, including energy costs and security, greenhouse gas (GHG) emissions, climate change, air and water pollution, and other environmental and economic concerns, worldwide interest in alternative energy is rising rapidly. The application of ST technologies represents one of several potential solutions that are being widely implemented by residential and commercial energy consumers to address these issues. Residential and commercial ST technologies represent effective, economically viable opportunities for businesses and individuals to reduce grid–energy and/or fossil–fuel consumption for process heating. 
Broad–based support for alternative energy as a solution to energy security, global warming, and rising energy prices has generated tremendous interest in solar energy technologies. Although heavily publicized by participant industries, residential– and commercial–scale photovoltaic (PV) technologies have yet to demonstrate grid parity with traditional energy sources, and continue to carry high procurement costs, which dampen market penetration. ST technologies, on the other hand, are technologically mature and remain economically viable for far more residential and commercial purchasers. A newfound emphasis on alternative and solar energy stands to directly benefit the residential ST technology industry, whose markets have evidenced substantial growth within the past decade. This study assesses market conditions that have facilitated the ongoing implementation of ST technologies around the world. 
INTENDED AUDIENCE
 
We have completed a study of residential and commercial ST technologies, along with relevant market and production information, technological descriptions and issues, applications, market factors and potential, and an overview of supporting incentives and regulations in major worldwide markets. Therefore, this study will be of interest to manufacturers of ST technologies, distributors, suppliers, and entrepreneurs and entrepreneurial companies interested in entering or expanding into the ST technology sector. It will also be of interest to corporate planners and strategists, large commercial and industrial energy consumers, energy market researchers, solar energy advocacy groups, and other public– and private–sector interest groups and market analysts.  
SCOPE OF REPORT AND METHODOLOGY
 
The scope of this investigation includes only major viable technologies and products, implemented in the residential and commercial sectors, to collect or absorb solar–thermal energy. As described in greater detail below, a complete ST system is comprised of one or more collectors, which collect solar energy, as well as various pipes, pumps, and other infrastructure necessary to convey solar–thermal energy from the collector to the intended point of use. 
The pipes, pumps, and other ancillary infrastructure used in the installation of ST collectors are in some cases specialized in design to meet the requirements of a specific ST collector technology. More commonly, however, these ancillary features are simply pieced together by a contractor or installer out of standard materials (e.g., copper or plastic pipe, standard mounting brackets, water storage tanks, water pumps, etc.) that are not specific to the ST industry, and may be used for a wide array of purposes. In general, it is the ST collector itself that is specific in terms of technological application, and an ST unit cannot function without an ST collector. Therefore, for the purpose of clarity, the scope of this report is limited to ST collectors. All market information provided including data and relevant company profiles pertain specifically to ST collectors. Their sales and manufacturing volumes are presumed to be indicative of the performance of the entire residential and commercial ST technology industry. Ancillary features, as discussed above, are not included in the market data provided in this report, and manufacturers of these ancillary features are not included in the review of company profiles. 
BCC analyzes each major viable ST collector, determines its current market status, examines its impact on future markets, and presents forecasts of growth over the next 5 years. Technological issues, including the latest trends, are assessed and discussed, as are the current and likely regulatory environments in support of this industry. Emerging ST collector technologies not currently commercially viable, but which may become so within the next 5 years, are summarized, but are not included in the market assessment of this report. 
BCC analyzes the industry on a worldwide basis, from both manufacturing and implementation points of view. BCC also examines government roles in support of ST technologies worldwide, including regulatory support and requirements, feed–in tariffs, and promotional incentives for various ST technologies, as relevant and available. Included is a review of the most relevant residential and commercial ST technologies, an examination of recent trends in dollars and unit sales, and industry overviews and market assessments for each currently–viable ST technology.
This report is one of two reports being published by BCC research on solar–thermal technologies. The second report contains an assessment of global industrial and utility–scale solar–thermal installations.
WORLDWIDE MARKETS
 
The following table provides a review of the major worldwide markets that were assessed in support of this study: 
Table A

List of Global Markets Considered in this Study
 
Market
Countries Included
North America
United States, Canada
Europe and Near East
European Union, Israel, Turkey
Asia and Australia
China, Japan, Korea, India, Australia, Pacific Rim
 
Source: BCC Research
 
METHODOLOGY 
Background information, including reviews of each residential and commercial ST technology and its implementation status, was collected from government and industry sources, primarily those located in the United States and Europe. Specific citations and references are provided as needed to support this study, and Web site links to government and industry studies, white papers, and other relevant information are provided whenever available. 
BCC’s research of present and historic market trends was conducted primarily via phone interviews and Internet research, relying on personal interviews and internal company data that were provided to BCC research, and on annual documentation of sales within each sector as relevant to a particular ST technology. Based on the survey results, BCC analyzed the potential applications for each technology, and forecast remaining 2009 sales and sales through 2014. 
Market sizes and installed capacity figures were calculated based upon data obtained from surveyed parties. Additionally, as available, the data provided in this report were compared with other industry data to ensure relevance, applicability, and accuracy.
INFORMATION SOURCES
 
Both primary and secondary research methods were used in preparing this report. BCC surveyed more than 85 companies to obtain the data for this study. Included were manufactures of solar thermal hardware, distributors, and selected products. BCC also spoke with users of these technologies in a variety of locales worldwide. Additionally, BCC compiled data from current financial and trade information and government sources, as available and relevant. 
Table B

Research Information Sources
 
Portion of BCC Report
Information Source
Primary or Secondary
Review of energy–efficiency technologies and energy–efficient products
Scientific, government, and industry research
Secondary
Regulatory support for energy efficiency
Government documents
Primary and secondary
Industry structure and market overview
Industry interviews
Primary
Major companies and company profiles
Industry interviews
Primary
Market assessment and projections
Industry interviews, BCC Research calculations
Primary
 
Source: BCC Research
ANALYST CREDENTIALS
 
Robert Eckard has more than a decade of experience working in the energy and environmental industries. Currently pursuing a PhD in water and energy resources at the University of California at Davis, Robert also runs a small industry research and technical consulting company, with an emphasis on energy/water/ environmental sectors. Robert has provided economic analysis, market assessments, environmental analysis, and technical water and energy reports to state and local governments, other consultants, and private companies and individuals throughout the U.S., Australia, and Singapore. Previously, he produced reports for BCC Research on the global markets for distributed generation and energy–efficiency technologies. 
BCC ONLINE SERVICES
 
BCC offers an online information retrieval service. BCC’s home page, located at www.bccresearch.com, enables readers to:
  • Examine BCC’s complete catalog of Market Research Reports and place direct orders
  • Subscribe to any of BCC’s many industry newsletters
  • Read announcements of recently published reports and newly launched newsletters
  • Register for BCC’s well-known conferences
  • Request additional information on any BCC product
  • Take advantage of special offers
DISCLAIMER 
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.
 

 

Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW
Let us assist you! Our analysts are ready to tailor this report to your specific need. REACH OUT TO US TODAY

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
[+] Show Chapter Details
Title/Chapter NamePagesMember Price
Full Report: Global Markets for Residential and Commercial Solar Thermal Technologies293Free
Chapter- 1: INTRODUCTION5Free
Chapter- 2: EXECUTIVE SUMMARY3Free
Chapter- 3: OVERVIEW OF RESIDENTIAL AND COMMERCIAL SOLAR–THERMAL TECHNOLOGIES 35Free
Chapter- 4: REGULATORY SUPPORT AND INCENTIVES FOR SOLAR–THERMAL ENERGY 102Free
Chapter- 5: INDUSTRY STRUCTURE11Free
Chapter- 6: C. CRAMER & CO. GMBH87Free
Chapter- 7: MAJOR MARKETS, ASSESSMENT, AND ANALYSIS39Free
Chapter- 8: APPENDIX 11Free

Related Reports

Recent Reports

Biodiesel Feedstocks: Technologies, Synthesis, Efficiency and Policies

Published - Feb 2024 | Publisher - BCC Publishing | Code - EGY171B

The global market for biodiesel is expected to grow from $43.1 billion in 2023 to $51.6 billion by the end of 2028, at a compound annual growth rate (CAGR) of 3.7% from 2023 through 2028.

Lithium Mining: Global Markets

Published - Feb 2024 | Publisher - BCC Publishing | Code - EGY184B

The global market for lithium mining is expected to grow from $5.7 billion in 2023 and projected to reach $9.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 10.0% from 2023 to 2028.

Global Smart Transformer Market

Published - Dec 2023 | Publisher - BCC Publishing | Code - EGY196A

This report provides an overview of the global smart transformer market. It presents current, and future market scenarios in the smart transformer industry. The report also covers leading companies with information on product portfolios, global headquarters addresses, and more. Using 2022 as the base year, the report provides market forecasts through 2028.

Nuclear Fusion and Advanced Materials: Emerging Opportunities

Published - Nov 2023 | Publisher - BCC Publishing | Code - EGY173B

The global market for nuclear fusion technologies is expected to increase from $1.7 billion in 2035 to $6.8 billion by the end of 2040, with a compound annual growth rate (CAGR) of 31.6% during the forecast period of 2035-2040.

Global Bifacial Solar Market

Published - Nov 2023 | Publisher - BCC Publishing | Code - EGY195A

This report provides an overview of the global bifacial solar market. It covers various region-specific developments in the industry. The report also assesses the bifacial solar market by type of panel, module and frame, along with installation and application. The report also profiles leading companies with information on product portfolios.

Top Trending Reports

Cell and Gene Therapy Tools, and Reagents: Global Markets

Published - Nov 2022 | Publisher - BCC Publishing | Code - BIO208B

The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.

ESG Trends in Chemical Industry

Published - Dec 2022 | Publisher - BCC Publishing | Code - ENV056A

This report focuses on the ESG trends in the chemical industry and evaluates the ESG implementation including current and future potential. The report utilizes various databases, including sustainability reports, annual reports, and other indicators used to develop the current market. The study provides detailed information on the main factors influencing ESG growth in the chemical industry. It enables the reader to understand the industry in general while also providing insight into the inter-relationship between ESG and the sustainable chemical industry. The report describes market growth, developing trends, industry leaders, and applications of ESG implementation in the  chemical industry.

Digital Pathology: Technologies and Global Markets

Published - Dec 2022 | Publisher - BCC Publishing | Code - HLC161D

The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.

Smartphone-Based Patient Monitoring: Global Market

Published - Nov 2022 | Publisher - BCC Publishing | Code - HLC285A

The global smartphone-based patient monitoring market should reach $21.5 billion by 2027 from $6.8 billion in 2022 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2022 to 2027.

Non-Fungible Tokens (NFT): Global Market

Published - Nov 2022 | Publisher - BCC Publishing | Code - IFT248A

The global NFTs market should reach $37.6 billion by 2022 and $125.6 billion by 2027, with a compound annual growth rate (CAGR) of 27.3% during the forecast period of 2022-2027.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Global Markets for Residential and Commercial Solar Thermal Technologies
Customize This Report
Customize Report
Stay Informed

Join our mailing list for the latest report releases and upcoming event notifications.

Headquartered in Boston, MA for over 50 years, we are your trusted custom research and data analysts. Our mission is to provide businesses with reputable data and market research reports, to better understand their field and target audience. We are dedicated to helping companies access reliable information, accurate forecasts, and actionable insights, to become leaders in their industry.
Contact
© 2024 BCC Research
Privacy Policy |Site Map|Terms & Conditions