Market Research Future has published a half-cooked research report on the Global Non-concentrating Solar Collectors Market. Also known as flat plate collectors, the non-concentrating solar collectors are the solar collectors used in various establishments. Market Research Future (MRFR) has published and released a research report on the global non-concentrating solar collector market that foretells success for this market at 12% CAGR (Compound Annual Growth Rate) between 2016 and 2022.
Analysing the market structure, this report offers insights about factors affecting the market growth. Estimating the market size and forecasting the revenue, this reports covers and observes the competitive developments of market players that include mergers and acquisitions, joint ventures, new product developments, research and developments (R&D), and strategic alliances.
The major factors in helping the growth of the global non-concentrating solar collector market are increased environmental concerns and growing awareness about the depleting non-renewable energy resources. Once non-renewable sources of energy get depleted, the natural process that leads to their creation will take many millenniums to complete. The other factors aiding the market growth are growing investments in clean energy and negligible maintenance cost of these panels. The eco-friendly means of energy creation are getting investments due to various government initiatives around the world. However, the high cost of photovoltaic cells can create hurdles in the market growth.
The global non-concentrating solar collector market has been segmented on the basis of absorber plate, application, and lastly region. Based on the absorber plate, this market has been segmented into aluminum, copper, and steel. The application-based segmentation segments the market into residential applications, commercial applications, and industrial applications.
The regional segmentation of the global non-concentrating solar collector market segments the global market into regional markets known as North America, South America, Asia Pacific, Europe, and the Middle East & Africa (MEA). North America is an important regional market. In this region, especially in the USA, the demand for the non-concentrating solar collector is very high due to growing awareness about environmental issues, and technological advancement (to harness solar energy). The USA, Canada, and Mexico are the most important country-specific markets in this region.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
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