The global market for residential and commercial solar-thermal technologies is worth an estimated $8 billion in 2009 but is expected to increase to nearly $20 billion in 2014, according to a new technical market research report from Wellesley, Mass.-based BCC Research.
report, titled “Global Markets For Residential And Commercial Solar Thermal
Technologies (EGY069A)” states that the largest segment of the market, water
heating, is estimated to be worth $7.9 billion in 2009. It is projected to
reach $19.6 billion in 2014, a compound annual growth rate of 19.9 percent.
The smaller segment, air
heating, is expected to reach nearly $92 million in 2014, after increasing at a
7.9 percent growth rate from $62.5 million in 2009.
following residential and commercial solar-thermal technologies are included in
the scope of this report: unglazed solar collectors, flat-plate solar
collectors, evacuated-tube solar collectors, integral collector storage,
concentrating solar collectors, glazed solar air collectors, and transpired
solar air collectors.
more report details, contact BCC Research atwww.bccresearch.com,