Market Overview:
The global parabolic trough collector market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for solar energy across the globe. In addition, government initiatives and subsidies for installation of solar energy systems are also fueling the growth of this market. The global parabolic trough collector market is segmented on the basis of type, application and region. On the basis of type, it is divided into small size and large size collectors. Small size collectors are used in residential applications while large size collectors are used in commercial and industrial applications. By application, it is classified into solar steam generation, solar power generation and others (including space heating/cooling & water heating). Solar steam generation accounts for a major share in terms of revenue in this market owing to its growing demand for process heat applications across various industries such as food & beverage, pharmaceuticals etc.
Product Definition:
A parabolic trough collector is a type of solar thermal energy collector that uses a curved mirror to focus sunlight onto a tube filled with fluid. The hot fluid is then used to heat water, produce steam, or run an engine. Parabolic trough collectors are the most common type of solar thermal collector in the world and can be used to generate electricity or heat.
Small Size:
Small size is the part of parabolic trough collector which is used for water and wastewater treatment. It's a gravity based system in which feed water goes through series of tanks where chemicals are added to treat the waste or liquid. These systems are mostly used in residential areas, small industries, golf courses and agricultural fields among others.
Large Size:
Large size is the term used for a parabolic trough collector which has a capacity of collecting larger sized particles such as dust, pet hair, etc. from air and other gases. These collectors are usually made up of stainless steel or aluminum and have an area ratio of around 4:1 to 5:1.
Application Insights:
The market is segmented by application into solar steam, solar power generation, others and residential applications. The other applications include food processing plants and industrial waste treatment facilities. Parabolic troughs are widely used for water heating in households as well as for bathing and laundry purposes in the residential sector. Growing demand from the residential sector over the forecast period is expected to drive this application segment at a CAGR of XX% during the same period owing to increasing awareness about energy conservation among consumers.
The growth of both small-scale commercial as well as household industries has been significantly affected by government initiatives promoting investments in renewable energy sources such as solar power generation along with wind turbines across several countries including Germany, China Japan Mexico Chile Australia India etcetera which have resulted in boosting product demand globally over recent years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to presence of large number of parabolic troughs in the U.S., which was one of the key reasons for high market revenue share in 2017. In addition, increasing awareness regarding benefits offered by solar thermal energy technologies is anticipated to fuel growth over coming years.
Europe accounted for a significant revenue share and is expected to grow at an estimated CAGR exceeding 5% from 2018 to 2030 owing hermetically sealing architecture and superior heat transfer rate as compared with other available alternatives such as fossil fuels or biomass gasifiers coupled with burners installed onsite, thus eliminating any emission source associated with it’s use/operation thereby offering huge potential across several European countries including Spain, Italy, France.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting renewable energy sources over traditional ones
- Rising prices of fossil fuels that are encouraging the deployment of solar thermal technologies as an alternative
- Technological advancements making solar thermal systems more efficient and cost-effective
- Growing awareness about the benefits of using solar thermal technology among businesses and consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Parabolic Trough Collector Market Research Report
By Type
Small Size, Large Size
By Application
Solar Steam, Solar Power Generation, Others
By Companies
Absolicon, Soltigua, NEP Solar, SENER, Parvolen CSP Technologies, Solabolic, Environmental Solar Systems, Abengoa, Royal Tech CSP, Nanjing Amoshine, Shandong Vicot, Sichuan Boyu Energy, Lanzhou Dacheng Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Parabolic Trough Collector Market Report Segments:
The global Parabolic Trough Collector market is segmented on the basis of:
Types
Small Size, Large Size
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solar Steam, Solar Power Generation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Absolicon
- Soltigua
- NEP Solar
- SENER
- Parvolen CSP Technologies
- Solabolic
- Environmental Solar Systems
- Abengoa
- Royal Tech CSP
- Nanjing Amoshine
- Shandong Vicot
- Sichuan Boyu Energy
- Lanzhou Dacheng Technology
Highlights of The Parabolic Trough Collector Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Size
- Large Size
- By Application:
- Solar Steam
- Solar Power Generation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Parabolic Trough Collector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A parabolic trough collector is a type of solar thermal collector that uses the sun's heat to create electricity. The collectors are shaped like a parabola and have a long, curved roof that captures the sun's rays. These collectors can be used to generate electricity from hot air or water vapor, which can then be used to power homes or businesses.
Some of the major companies in the parabolic trough collector market are Absolicon, Soltigua, NEP Solar, SENER, Parvolen CSP Technologies, Solabolic, Environmental Solar Systems, Abengoa, Royal Tech CSP, Nanjing Amoshine, Shandong Vicot, Sichuan Boyu Energy, Lanzhou Dacheng Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Parabolic Trough Collector Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Parabolic Trough Collector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Parabolic Trough Collector Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Parabolic Trough Collector Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Parabolic Trough Collector Market Size & Forecast, 2020-2028
4.5.1 Parabolic Trough Collector Market Size and Y-o-Y Growth
4.5.2 Parabolic Trough Collector Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Small Size
5.2.2 Large Size
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Solar Steam
6.2.2 Solar Power Generation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Parabolic Trough Collector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Parabolic Trough Collector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Small Size
9.6.2 Large Size
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Solar Steam
9.10.2 Solar Power Generation
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Small Size
10.6.2 Large Size
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Solar Steam
10.10.2 Solar Power Generation
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Small Size
11.6.2 Large Size
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Solar Steam
11.10.2 Solar Power Generation
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Small Size
12.6.2 Large Size
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Solar Steam
12.10.2 Solar Power Generation
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Small Size
13.6.2 Large Size
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Solar Steam
13.10.2 Solar Power Generation
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Parabolic Trough Collector Market: Competitive Dashboard
14.2 Global Parabolic Trough Collector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Absolicon
14.3.2 Soltigua
14.3.3 NEP Solar
14.3.4 SENER
14.3.5 Parvolen CSP Technologies
14.3.6 Solabolic
14.3.7 Environmental Solar Systems
14.3.8 Abengoa
14.3.9 Royal Tech CSP
14.3.10 Nanjing Amoshine
14.3.11 Shandong Vicot
14.3.12 Sichuan Boyu Energy
14.3.13 Lanzhou Dacheng Technology
