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About Solar Thermal Energy
Solar thermal energy utilizes solar energy to produce low-cost, eco-friendly thermal energy. The energy can be used to boil water or other fluids, and also power solar cooling systems. Solar thermal technology differs from solar PV, which generates electricity rather than heat. Solar thermal energy generation system captures solar rays through optical concentration. Optical concentration is the arrangement of mirrors or lenses in such a way that it generates high temperature by concentrating sunlight to a small area. This high temperature is used to turn water into steam that is used to rotate turbines which generate electricity.
TechNavio's analysts forecast the Solar Thermal market in Europe to grow at a CAGR of 18.2 percent over the period 2013-2018.
Covered in this Report
The report covers the segmentation of the Solar Thermal market in Europe in two segments; Technology and Geography. The Technology segment consists of Parabolic and Frensel Trough, Central Receiver, Dish-engine System, and Solar Updraft Tower. The Geographical segments include Germany, Greece, and Austria.
TechNavio's report, the Solar Thermal Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers detailed study of the technological segmentation based on demand for solar thermal energy; it also covers the Solar Thermal market in Europe landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Region
• Europe
Key Vendors
• Abengoa Solar
• Areva Solar
• BrightSource Energy
• Torresol Energy
Other Prominent Vendors
• Aora Solar
• Novatech Solar
• Rackam
• Skyfuel
• SENER
Key Market Driver
• Changing Power Mix
• For a full, detailed list, view our report
Key Market Challenge
• Seasonal Fluctuations
• For a full, detailed list, view our report
Key Market Trend
• Growing Power Demand
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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