Global Non Concentrating Solar Collectors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Absorber Plate;

Copper, Aliminium, and Steel.

By Application;

Residential, Commerical, and Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn223610131 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Non Concentrating Solar Collectors Market (USD Million), 2021 - 2031

In the year 2024, the Global Non Concentrating Solar Collectors Market was valued at USD 2822.83 million. The size of this market is expected to increase to USD 5160.24 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.

The Global Non-Concentrating Solar Collectors Market is witnessing remarkable growth, driven by the increasing demand for renewable energy, advancements in solar thermal technology, and the rising need for energy-efficient heating solutions. Non-concentrating solar collectors, which include flat-plate collectors and evacuated tube collectors, are widely used for applications such as water heating, space heating, and industrial process heating. Unlike concentrating solar collectors, which focus sunlight onto a small area, non-concentrating collectors absorb sunlight over a larger surface, making them more effective in regions with moderate solar radiation. The market's expansion is largely fueled by government incentives, policies promoting clean energy, and the growing adoption of solar thermal systems in residential, commercial, and industrial sectors.

One of the primary drivers of market growth is the increasing demand for solar water heating systems in both residential and commercial buildings. As energy prices continue to rise, homeowners and businesses are seeking cost-effective and sustainable alternatives to conventional water heating systems. Solar water heaters equipped with non-concentrating collectors provide an environmentally friendly solution by reducing reliance on fossil fuels and lowering carbon emissions. Moreover, governments worldwide are implementing favorable policies, including tax credits, subsidies, and feed-in tariffs, to encourage the adoption of solar thermal technology. Countries such as China, India, Germany, and the United States have introduced initiatives to promote the use of solar collectors, further driving market growth.

Another key factor contributing to the expansion of the non-concentrating solar collectors market is the increasing adoption of solar thermal systems in industrial applications. Industries such as food processing, textiles, chemicals, and pharmaceuticals require significant amounts of heat for processes like drying, pasteurization, and sterilization. Non-concentrating solar collectors provide a sustainable and cost-effective solution for meeting industrial heat demands, reducing operational costs, and minimizing dependence on conventional energy sources. Additionally, advancements in evacuated tube collector technology have improved efficiency, making them more suitable for high-temperature applications in industrial settings.

The rising awareness about energy efficiency and sustainability is also playing a crucial role in market growth. With concerns over climate change and the depletion of fossil fuel resources, both governments and consumers are prioritizing the adoption of renewable energy technologies. Non-concentrating solar collectors, being one of the most efficient and cost-effective solar thermal solutions, are gaining popularity across the globe. The integration of smart technologies, such as Internet of Things (IoT)-enabled monitoring systems and automated controls, is further enhancing the efficiency and performance of solar collectors, making them more attractive to end-users.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Absorber Plate
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Non Concentrating Solar Collectors Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Environmental Concerns and Climate Change Mitigation
        2. Declining Costs and Technological Advancements
        3. Energy Security and Independence
        4. Government Incentives and Policies
      2. Restraints
        1. Intermittency and Variability
        2. Land Use and Space Constraints
        3. Energy Storage Limitations
        4. Grid Integration Challenges
      3. Opportunities
        1. Energy Storage Integration
        2. Hybridization and Integration with Other Energy Sources
        3. Distributed Generation and Microgrids
        4. Electrification of Transportation and Heating
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Non Concentrating Solar Collectors Market, By Absorber Plate, 2021 - 2031 (USD Million)
      1. Copper
      2. Aliminium
      3. Steel
    2. Global Non Concentrating Solar Collectors Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commerical
      3. Industrial
    3. Global Non Concentrating Solar Collectors Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. GREENONETEC
      2. SOLETROL
      3. PROSUNPRO
      4. BOSCH THERMOTECHNIK
  7. Analyst Views
  8. Future Outlook of the Market