Lewes, DE -- (SBWire) -- 03/12/2015 --Report forecast the Global Solar Collector market to grow at a CAGR of 24.9 percent over the period 2014-2019.
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.
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.
According to the lead analyst of this report,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.
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.
This report covers 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.
Key Regions
- Americas
- APAC
- EMEA
Key Market Driver
- Increased Government Support
- For a full, detailed list, view our report
Key Market Challenge
- Seasonal Fluctuations in Availability of Sunlight
- For a full, detailed list, view our report
Key Market Trend
- Increase in Solar Energy Storage Facilities
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
Spanning over 72 pages, "Global Solar Collector Market 2015 - 2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Non-Concentrating Solar Technology, Market Segmentation by Concentrating Solar Technology, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-solar-collector-market-2015-2019
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