Solar Thermal Fuel Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Solar Thermal Fuel Market covers analysis By Application (Industrial, Household, Commercial, Automotive) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00029740
  • Category : Energy and Power
  • Status : Upcoming
  • No. of Pages : 150
Inquire Before Buy

PRICING

$5190

$4671

MARKET OVERVIEW
The increasing energy demand and reduction in greenhouse gas emissions are two key challenges in the industry. Solar energy offers an effective solution to these challenges, as it is abundantly available and does not emit greenhouse gases. Therefore, it is anticipated to drive the solar thermal fuel market during the forecast period. The rising demand for fuel consumption from various industrial, commercial, and residential industries contributes to an upsurge in market growth. There is a desperate need to curb environmental carbon emissions, which compels a positive impact on the market's growth. The emergence of green technologies due to the degradation of the environment leads to drives the market.

MARKET SCOPE
The "Global Solar Thermal Fuel Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on global market trend analysis. The report aims to provide an overview of the solar thermal fuel market with detailed market segmentation by application, and geography. The global solar thermal fuel market is expected to witness rapid growth during the forecast period. The report provides key statistics on the market status of the leading solar thermal fuel market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global solar thermal fuel market is segmented by application.
  •  On the basis of application, the market is segmented into Industrial, Household, Commercial, Automotive.

    MARKET DYNAMICS

    Drivers:

    •  The rising demand for fuel consumption from various industrial, commercial, and residential industries contributes to an upsurge in market growth.
    Restraints:

    •  The availability of other renewable energy sources and high initial investment compared to other commercially renewable technologies are expected to hamper the solar thermal fuel market over the forecast period.

    REGIONAL FRAMEWORK
    The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive connector's market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

    The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.

    IMPACT OF COVID-19
    The COVID-19 pandemic has greatly affected the global solar thermal fuel market. Various research and development labs working in these fields have closed down temporarily during the ongoing lockdowns. The crisis has also negatively affected research in alternate technologies, as private and public sectors are refraining from investing in the field. However, favorable governmental relief packages to be implemented after lockdowns will likely lead to a quick recovery of the solar thermal fuel market over the forecast period. The researchers have developed a specialized fluid that absorbs a bit of sunlight's energy, holds it for years, and then releases it when needed. If so-called solar thermal fuel can be perfected, it might drive another nail in the coffin of fossil fuels; thereby, it will help the market recover from the covid-19 disruptions to some extent.

    World Geography

    Have a question?

    Analyst

    Naveen

    Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

    Analyst   Speak to Analyst
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    • Request discounts available for Start-Ups & Universities
    MARKET PLAYERS

    The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive connector's market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

    The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.

    IMPACT OF COVID-19
    The COVID-19 pandemic has greatly affected the global solar thermal fuel market. Various research and development labs working in these fields have closed down temporarily during the ongoing lockdowns. The crisis has also negatively affected research in alternate technologies, as private and public sectors are refraining from investing in the field. However, favorable governmental relief packages to be implemented after lockdowns will likely lead to a quick recovery of the solar thermal fuel market over the forecast period. The researchers have developed a specialized fluid that absorbs a bit of sunlight's energy, holds it for years, and then releases it when needed. If so-called solar thermal fuel can be perfected, it might drive another nail in the coffin of fossil fuels; thereby, it will help the market recover from the covid-19 disruptions to some extent.

    MARKET PLAYERS
    The reports cover key developments in the solar thermal fuel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from solar thermal fuel market are anticipated to lucrative growth opportunities in the future with the rising demand for solar thermal fuel in the global market. Below mentioned is the list of few companies engaged in the solar thermal fuel market.

    The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the solar thermal fuel market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, the key development in the past five years.

    •  Chalmers University of Technology
    •  Lancaster University
    •  Massachusetts Institute of Technology
    •  Solar Energy Industries Association
    •  Tata Center for Technology and Design
    •  University of Florida
    •  International Energy Agency
    •  Australian Solar Thermal Energy Association
    •  European Solar Thermal Electricity Association
    •  International Solar Energy Society.
    The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    • Request discounts available for Start-Ups & Universities
  • Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    TABLE OF CONTENTS

    1. INTRODUCTION
    1.1. SCOPE OF THE STUDY
    1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
    1.3. MARKET SEGMENTATION
    1.3.1 Solar Thermal Fuel Market - By Application
    1.3.2 Solar Thermal Fuel Market - By Region
    1.3.2.1 By Country

    2. KEY TAKEAWAYS

    3. RESEARCH METHODOLOGY

    4. SOLAR THERMAL FUEL MARKET LANDSCAPE
    4.1. OVERVIEW
    4.2. PEST ANALYSIS
    4.2.1 North America - Pest Analysis
    4.2.2 Europe - Pest Analysis
    4.2.3 Asia-Pacific - Pest Analysis
    4.2.4 Middle East and Africa - Pest Analysis
    4.2.5 South and Central America - Pest Analysis
    4.3. EXPERT OPINIONS

    5. SOLAR THERMAL FUEL MARKET - KEY MARKET DYNAMICS
    5.1. KEY MARKET DRIVERS
    5.2. KEY MARKET RESTRAINTS
    5.3. KEY MARKET OPPORTUNITIES
    5.4. FUTURE TRENDS
    5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

    6. SOLAR THERMAL FUEL MARKET - GLOBAL MARKET ANALYSIS
    6.1. SOLAR THERMAL FUEL - GLOBAL MARKET OVERVIEW
    6.2. SOLAR THERMAL FUEL - GLOBAL MARKET AND FORECAST TO 2028
    6.3. MARKET POSITIONING

    7. SOLAR THERMAL FUEL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
    7.1. OVERVIEW
    7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
    7.3. INDUSTRIAL
    7.3.1. Overview
    7.3.2. Industrial Market Forecast and Analysis
    7.4. HOUSEHOLD
    7.4.1. Overview
    7.4.2. Household Market Forecast and Analysis
    7.5. COMMERCIAL
    7.5.1. Overview
    7.5.2. Commercial Market Forecast and Analysis
    7.6. AUTOMOTIVE
    7.6.1. Overview
    7.6.2. Automotive Market Forecast and Analysis

    8. SOLAR THERMAL FUEL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
    8.1. NORTH AMERICA
    8.1.1 North America Solar Thermal Fuel Market Overview
    8.1.2 North America Solar Thermal Fuel Market Forecasts and Analysis
    8.1.3 North America Solar Thermal Fuel Market Forecasts and Analysis - By Application
    8.1.4 North America Solar Thermal Fuel Market Forecasts and Analysis - By Countries
    8.1.4.1 United States Solar Thermal Fuel Market
    8.1.4.1.1 United States Solar Thermal Fuel Market by Application
    8.1.4.2 Canada Solar Thermal Fuel Market
    8.1.4.2.1 Canada Solar Thermal Fuel Market by Application
    8.1.4.3 Mexico Solar Thermal Fuel Market
    8.1.4.3.1 Mexico Solar Thermal Fuel Market by Application
    8.2. EUROPE
    8.2.1 Europe Solar Thermal Fuel Market Overview
    8.2.2 Europe Solar Thermal Fuel Market Forecasts and Analysis
    8.2.3 Europe Solar Thermal Fuel Market Forecasts and Analysis - By Application
    8.2.4 Europe Solar Thermal Fuel Market Forecasts and Analysis - By Countries
    8.2.4.1 Germany Solar Thermal Fuel Market
    8.2.4.1.1 Germany Solar Thermal Fuel Market by Application
    8.2.4.2 France Solar Thermal Fuel Market
    8.2.4.2.1 France Solar Thermal Fuel Market by Application
    8.2.4.3 Italy Solar Thermal Fuel Market
    8.2.4.3.1 Italy Solar Thermal Fuel Market by Application
    8.2.4.4 United Kingdom Solar Thermal Fuel Market
    8.2.4.4.1 United Kingdom Solar Thermal Fuel Market by Application
    8.2.4.5 Russia Solar Thermal Fuel Market
    8.2.4.5.1 Russia Solar Thermal Fuel Market by Application
    8.2.4.6 Rest of Europe Solar Thermal Fuel Market
    8.2.4.6.1 Rest of Europe Solar Thermal Fuel Market by Application
    8.3. ASIA-PACIFIC
    8.3.1 Asia-Pacific Solar Thermal Fuel Market Overview
    8.3.2 Asia-Pacific Solar Thermal Fuel Market Forecasts and Analysis
    8.3.3 Asia-Pacific Solar Thermal Fuel Market Forecasts and Analysis - By Application
    8.3.4 Asia-Pacific Solar Thermal Fuel Market Forecasts and Analysis - By Countries
    8.3.4.1 Australia Solar Thermal Fuel Market
    8.3.4.1.1 Australia Solar Thermal Fuel Market by Application
    8.3.4.2 China Solar Thermal Fuel Market
    8.3.4.2.1 China Solar Thermal Fuel Market by Application
    8.3.4.3 India Solar Thermal Fuel Market
    8.3.4.3.1 India Solar Thermal Fuel Market by Application
    8.3.4.4 Japan Solar Thermal Fuel Market
    8.3.4.4.1 Japan Solar Thermal Fuel Market by Application
    8.3.4.5 South Korea Solar Thermal Fuel Market
    8.3.4.5.1 South Korea Solar Thermal Fuel Market by Application
    8.3.4.6 Rest of Asia-Pacific Solar Thermal Fuel Market
    8.3.4.6.1 Rest of Asia-Pacific Solar Thermal Fuel Market by Application
    8.4. MIDDLE EAST AND AFRICA
    8.4.1 Middle East and Africa Solar Thermal Fuel Market Overview
    8.4.2 Middle East and Africa Solar Thermal Fuel Market Forecasts and Analysis
    8.4.3 Middle East and Africa Solar Thermal Fuel Market Forecasts and Analysis - By Application
    8.4.4 Middle East and Africa Solar Thermal Fuel Market Forecasts and Analysis - By Countries
    8.4.4.1 South Africa Solar Thermal Fuel Market
    8.4.4.1.1 South Africa Solar Thermal Fuel Market by Application
    8.4.4.2 Saudi Arabia Solar Thermal Fuel Market
    8.4.4.2.1 Saudi Arabia Solar Thermal Fuel Market by Application
    8.4.4.3 U.A.E Solar Thermal Fuel Market
    8.4.4.3.1 U.A.E Solar Thermal Fuel Market by Application
    8.4.4.4 Rest of Middle East and Africa Solar Thermal Fuel Market
    8.4.4.4.1 Rest of Middle East and Africa Solar Thermal Fuel Market by Application
    8.5. SOUTH AND CENTRAL AMERICA
    8.5.1 South and Central America Solar Thermal Fuel Market Overview
    8.5.2 South and Central America Solar Thermal Fuel Market Forecasts and Analysis
    8.5.3 South and Central America Solar Thermal Fuel Market Forecasts and Analysis - By Application
    8.5.4 South and Central America Solar Thermal Fuel Market Forecasts and Analysis - By Countries
    8.5.4.1 Brazil Solar Thermal Fuel Market
    8.5.4.1.1 Brazil Solar Thermal Fuel Market by Application
    8.5.4.2 Argentina Solar Thermal Fuel Market
    8.5.4.2.1 Argentina Solar Thermal Fuel Market by Application
    8.5.4.3 Rest of South and Central America Solar Thermal Fuel Market
    8.5.4.3.1 Rest of South and Central America Solar Thermal Fuel Market by Application

    9. INDUSTRY LANDSCAPE
    9.1. MERGERS AND ACQUISITIONS
    9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
    9.3. NEW PRODUCT LAUNCHES
    9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

    10. SOLAR THERMAL FUEL MARKET, KEY COMPANY PROFILES
    10.1. CHALMERS UNIVERSITY OF TECHNOLOGY
    10.1.1. Key Facts
    10.1.2. Business Description
    10.1.3. Products and Services
    10.1.4. Financial Overview
    10.1.5. SWOT Analysis
    10.1.6. Key Developments
    10.2. LANCASTER UNIVERSITY
    10.2.1. Key Facts
    10.2.2. Business Description
    10.2.3. Products and Services
    10.2.4. Financial Overview
    10.2.5. SWOT Analysis
    10.2.6. Key Developments
    10.3. MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    10.3.1. Key Facts
    10.3.2. Business Description
    10.3.3. Products and Services
    10.3.4. Financial Overview
    10.3.5. SWOT Analysis
    10.3.6. Key Developments
    10.4. SOLAR ENERGY INDUSTRIES ASSOCIATION
    10.4.1. Key Facts
    10.4.2. Business Description
    10.4.3. Products and Services
    10.4.4. Financial Overview
    10.4.5. SWOT Analysis
    10.4.6. Key Developments
    10.5. TATA CENTER FOR TECHNOLOGY AND DESIGN
    10.5.1. Key Facts
    10.5.2. Business Description
    10.5.3. Products and Services
    10.5.4. Financial Overview
    10.5.5. SWOT Analysis
    10.5.6. Key Developments
    10.6. UNIVERSITY OF FLORIDA
    10.6.1. Key Facts
    10.6.2. Business Description
    10.6.3. Products and Services
    10.6.4. Financial Overview
    10.6.5. SWOT Analysis
    10.6.6. Key Developments
    10.7. INTERNATIONAL ENERGY AGENCY
    10.7.1. Key Facts
    10.7.2. Business Description
    10.7.3. Products and Services
    10.7.4. Financial Overview
    10.7.5. SWOT Analysis
    10.7.6. Key Developments
    10.8. AUSTRALIAN SOLAR THERMAL ENERGY ASSOCIATION
    10.8.1. Key Facts
    10.8.2. Business Description
    10.8.3. Products and Services
    10.8.4. Financial Overview
    10.8.5. SWOT Analysis
    10.8.6. Key Developments
    10.9. EUROPEAN SOLAR THERMAL ELECTRICITY ASSOCIATION
    10.9.1. Key Facts
    10.9.2. Business Description
    10.9.3. Products and Services
    10.9.4. Financial Overview
    10.9.5. SWOT Analysis
    10.9.6. Key Developments
    10.10. INTERNATIONAL SOLAR ENERGY SOCIETY
    10.10.1. Key Facts
    10.10.2. Business Description
    10.10.3. Products and Services
    10.10.4. Financial Overview
    10.10.5. SWOT Analysis
    10.10.6. Key Developments

    11. APPENDIX
    11.1. ABOUT THE INSIGHT PARTNERS
    11.2. GLOSSARY OF TERMS
    The List of Companies

    1. Chalmers University of Technology
    2. Lancaster University
    3. Massachusetts Institute of Technology
    4. Solar Energy Industries Association
    5. Tata Center for Technology and Design
    6. University of Florida
    7. International Energy Agency
    8. Australian Solar Thermal Energy Association
    9. European Solar Thermal Electricity Association
    10. International Solar Energy Society

    The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

    1. Data Collection and Secondary Research:

    As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

    Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

    1. Primary Research:

    The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

    For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

    A typical research interview fulfils the following functions:

    • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
    • Validates and strengthens in-house secondary research findings
    • Develops the analysis team’s expertise and market understanding

    Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

    • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
    • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

    Below is the breakup of our primary respondents by company, designation, and region:

    Research Methodology

    Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

    1. Data Analysis:

    Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

    • 3.1 Macro-Economic Factor Analysis:

    We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

    • 3.2 Country Level Data:

    Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

    • 3.3 Company Profile:

    The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

    • 3.4 Developing Base Number:

    Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

    1. Data Triangulation and Final Review:

    The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

    We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

    We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

    Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

    Trends and growth analysis reports related to Solar Thermal Fuel Market