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Solar Thermal Energy Equipment Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Solar Thermal Energy Equipment Manufacturing Market Research Report | Technology | Renewable Energy | Sep 2011

Heating up: Demand for solar thermal equipment will gain ground, as government incentives remain

IBISWorld’s Solar Thermal Energy Equipment Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$185m
 Annual Growth 06-11
35.1%
 Annual Growth 11-16
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Profit
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 Employment
1,843
 Businesses
135
Industry Analysis & Industry Trends

Heating up

Demand for solar thermal energy equipment will continue to increase steadily over the next five years, though competition from solar PV manufacturers will limit substantial growth. Nevertheless, continued government incentives and innovation from industry manufacturers will bolster revenue during the period, boosting overall demand.... purchase to read more

Industry Report - Industry Key Buyers Chapter

Market share in this industry is low. Generous US government incentives directed toward solar power generation and solar thermal heating technologies have the industry scrambling to meet the needs of downstream power producers and construction contractors. These downstream industries often source components from low-cost countries to save money on the capital cost of the solar project. However, domestic production capacity has increased substantially during the past five years. The number of industry establishments is expected to continue growing over the five years to 2016 (at a projected 6.4% average annual rate), keeping the concentration of industry ownership low... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Solar Thermal Energy Equipment Manufacturing Industry?

This industry manufactures solar thermal energy (STE) equipment. STE is a technology for harnessing solar energy by capturing concentrated sunlight on a particular surface. The surface takes captured energy and creates steam to power turbines and produce electricity. The USA Energy Information Administration classifies solar thermal collectors as low-, medium- or high-temperature. Industry products are different from photovoltaics, which convert solar energy directly into electricity.

Industry Products
Low-temperature STE equipmentMedium-temperature STE equipmentHigh-temperature STE equipment
 
Industry Activities
Parabolic troughParabolic dishPower towerSolar water heating systemsSolar pool heating systemsSolar thermal system components


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