Top Solar Thermal Collectors Companies

Solar Thermal Collectors Market size was valued at USD 26.23 Billion in 2024 and is poised to grow from USD 28.38 Billion in 2025 to USD 53.31 Billion by 2033, growing at a CAGR of 8.2% during the forecast period (2026–2033).

Solar thermal collector suppliers should focus on expanding their distribution network to maximize their sales potential going forward. Companies can also collaborate and partner with other market players to innovate and bring new types of products to the marketplace. Mergers and acquisitions are also forecasted to be highly attractive strategies adopted by established companies to improve their market presence and strengthen their lead in the global landscape. Market players can also work with governments to increase awareness regarding the benefits of solar thermal collectors to promote sales in the long run. 'Acciona Energia  ', 'BrightSource Energy  ', 'Cobra Energy  ', 'Enel Green Power  ', 'Fichtner Solar  ', 'GE Energy  ', 'GDF SUEZ  ', 'Heliostat SA  ', 'NextEra Energy Resources  ', 'Novatec Solar  ', 'SCHOTT Solar  ', 'Solar Millennium AG  ', 'SolarReserve  ', 'Solargenix Energy  ', 'Sopogy  ', 'Torresol Energy  ', 'Trivelli Energia'

High focus on sustainability has led to a high demand for alternative renewable energy sources, which is slated to bolster solar thermal collectors market growth in the future. Moreover, the growing adoption of clean energy sources by eco-conscious consumers around the world will also create new opportunities for solar thermal collector companies in the future.

Investments in R&D: Companies can focus on increasing their investments in research and development programs to reduce the overall costs of solar thermal collector manufacturing and improve the overall efficiency of thermal collectors in the future. Since high initial investment is a major barrier to market growth, companies can develop products that are affordable for most people in order to boost sales and revenue generation potential.

The Asia Pacific region is estimated to account for a dominant share of the global solar thermal collector's marketplace going forward. Rapid urbanization and industrialization are pushing the demand for energy in this region and increasing focus on sustainability is slated to favor the adoption of solar thermal collectors over the coming years. High utilization of solar thermal collectors in the industrial sector will allow the Asia Pacific region to hold a dominant stance in terms of global solar thermal collector sales outlook through 2031. Incentivization and subsidization of solar installations in this region also contribute to its high market share. India, China, and Japan are slated to be the top markets for solar thermal collector companies in the long run.