Tuesday 28 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Solar Collector Market: Hewalex, MainFrame Energy Solutions Pvt. Ltd., Solar Skies Mfg. LLC, SunMaxx Solar Inc. and TVP Solar SA.
Other Prominent Vendors in the market are: Alternate Energy Technologies, Aora Solar, KYOCERA Solar, Novatech Solar, Rackam and Skyfuel.
The report said: “Storing solar energy using a solar inverter system is a major trend in the market. The solar inverter system that incorporates storage facilities enables power grids to supply power on a continual basis with fewer interruptions.”
According to the report, enhanced government support is a prevailing driver in the market. Governments worldwide are providing subsidies like investment tax credits and other tax benefits to encourage the use of solar collectors and to encourage investment in technologies related to renewable energy generation.
Further, the report states that the demand for solar collectors depends heavily on the availability of sunlight, which may pose a threat to the market growth, as the intensity of sunlight is prone to seasonal and daily fluctuations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.