Key Drivers of Non-concentrating Solar Collector Market
- Increase in awareness about the adverse effects of fossil fuels and continuous efforts of many countries in adapting energy efficient technologies are factors driving the non-concentrating solar collector market
- Lower cost compared to concentrating solar collectors as well as solar fuels cells and solar panels makes non-concentrating solar collectors an ideal option for early adopters of solar technology. With many governments providing financial aid through subsidies for solar technology implementation, increasing number of people are looking to adopt solar technology.
Get Boucher Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=84651
Restraints of Non-concentrating Solar Collector Market
- Traditional electric and gas heaters are cheaper than non-concentrating solar collectors. Furthermore, non-concentrating solar collectors require large area for the setup due to the absence of concentrating mirrors and bigger absorber area. This creates space constraints in smaller houses and apartments. These factors are estimated to hamper the global non-concentrating solar collector market in the near future.
Key Players in Non-concentrating Solar Collector Market
Key players in the non-concentrating solar collector Industry are as follows:
- Greenonetec
- Bosch Thermotechnik
- Prosunpro
- Solestrol
- Solahart
- Viessmann
- XNE Group
- Demas
- Solimpeks
- Vaillant Group
Get Enquiry before buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84651
North America to Contribute Growing Share of Non-concentrating Solar Collector Market
- In terms of region, the global non-concentrating solar collector market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America has been dominating the global market for non-concentrating solar collectors since the last few years. The market in the region is expected to expand at a steady pace during the forecast period. The U.S. has been the major consumer of non-concentrating solar collectors due to their application in commercial spaces such as swimming pools and space heating applications in colder regions. Increasing concern about depleting natural resources and environmental sustainability in the U.S. is likely to drive the non-concentrating solar collector market in the country.
- Europe has also been contributing significantly to the non-concentrating solar collector market, as most of the Europe experiences cold weather. Thus, there is continuous need of space heating and water heating. The non-concentrating solar collector market in the region is expected to expand at steady pace, as many governments in the region are promoting the use of solar technologies.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com