Non-concentrating Solar Thermal Collector Market size was valued at USD 2.55 Billion in 2024 and is projected to reach USD 4.82 Billion by 2033, exhibiting a CAGR of 7.5% from 2026 to 2033.
The global Non concentrating Solar Thermal Collector Market was valued at USD 6.72 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This market is driven by increasing demand for renewable energy solutions, rising environmental concerns, and supportive government incentives encouraging the adoption of sustainable heating systems. Non concentrating solar collectors are widely used for residential and commercial water heating applications due to their simplicity, cost effectiveness, and operational efficiency in moderate temperature conditions. Flat plate and evacuated tube collectors dominate the product segment, with flat plate collectors accounting for a significant portion of installations globally due to their long standing presence and robust performance. Rapid urbanization, particularly in developing countries, further enhances the adoption rate of these systems in residential construction projects.
Regionally, Asia Pacific held the largest market share in 2022, accounting for over 42% of global revenue, with China and India leading in solar thermal deployment. Government programs promoting clean energy adoption and the need to reduce dependency on fossil fuels are key growth factors in the region. Europe followed closely, driven by stringent carbon emission regulations and high awareness levels of solar technologies in countries like Germany, Austria, and Spain. North America is expected to witness a steady growth rate due to increasing interest in decentralized renewable systems, especially in the U.S. In Latin America and the Middle East & Africa, the market is gradually emerging, supported by solar rich climates and energy diversification initiatives. Key opportunities across all regions include integration with smart grid systems, hybrid heating systems, and expanding into industrial process heat applications, positioning non concentrating solar thermal collectors as a pivotal element in sustainable energy infrastructure.
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GREENoneTEC
Sunrain
Jinheng Solar
Viessmann Werke
Solhart
Linuo Paradigma
Dimas
Nobel
Modulo Solar
Hewalex
Conserval Engineering
Ariston Thermo
Sunshore
Alternate Energy Technologies
Guangdong Fivestar Solar Energy
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Non-concentrating Solar Thermal Collector Market
Flat Plate Collectors
Evacuated Tube Collectors
Integral Collector-Storage Systems
Thermal Energy Storage Systems
Residential
Commercial
Industrial
Agricultural
Fixed Orientation
Adjustable Orientation
Tracking Systems
Rooftop Installations
Ground-Mounted Systems
Building-Integrated Systems
Residential Sector
Commercial Sector
Utility Sector
Government & Institutional Sector
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Non-concentrating Solar Thermal Collector Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Non-concentrating Solar Thermal Collector Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Non-concentrating Solar Thermal Collector Market, By Type
6. Global Non-concentrating Solar Thermal Collector Market, By Application
7. Global Non-concentrating Solar Thermal Collector Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Non-concentrating Solar Thermal Collector Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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