About Contact Us Careers

Non-concentrating Solar Collector Market Size and Forecast, by Absorber Plates (Copper, Aluminium, Steel Plates); Application (Residential, Commercial, Industrial) - Growth Trends, Key Players, Regional Analysis 2026-2035

  • Report ID: 5425
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT

Non-concentrating Solar Collector Market Outlook:

Non-concentrating Solar Collector Market size was valued at USD 15.73 billion in 2025 and is likely to cross USD 55.81 billion by 2035, registering more than 13.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of non-concentrating solar collector is assessed at USD 17.64 billion.

Non-concentrating Solar Collector Market
Discover Market Trends & Growth Opportunities: Request Free Sample PDF

The massive consumption of oil & gas has brought the reserves to the verge of depletion. When compared to other energy sources, solar energy has the biggest advantage because it is pure and can be produced without harming the environment. Achieving sustainable energy development has been made possible by solar electricity. Thus, the market is expanding due to the increasing utilization of solar energy to provide clean energy sources. As per a report, in contrast to a 15% increase in fossil fuel investment over the same period, annual clean energy investment is predicted to expand by 24% between 2021 and 2023, led by renewable energy sources and electric vehicles.

Furthermore, the growing concerns about massive carbon emissions, rising sea levels, and the earth's temperature are raising the demand for non-concentrating solar collector market. Because of the depletion of precious energy reserves, clean energy sources are now more accessible to offset the growing demand for energy, which is anticipated to support the expansion of non-concentrating solar collector.

Key Non-concentrating Solar Collector Market Insights Summary:

  • Regional Highlights:

    • The Asia Pacific non-concentrating solar collector market will hold over 36% share by 2035, driven by increased demand from planned and current solar power projects and government programs.
    • The North America market will secure 25% share by 2035, attributed to the use of non-concentrating solar collectors in commercial facilities and environmental concerns.

  • Segment Insights:

    • The residential segment in the non-concentrating solar collector market is forecasted to achieve a 46% share by 2035, attributed to the expansion of solar district heating projects and green building policies.
    • The copper segment in the non-concentrating solar collector market is projected to achieve a 42% share by 2035, fueled by superior heat conductivity, durability, and corrosion resistance.

  • Key Growth Trends:

    • Surge in the Construction of Smart Cities
    • Growing Awareness Regarding Negative Consequences of Fossil Fuels

  • Major Challenges:

    • Unavailability of Solar Rays Due to Weather Conditions
    • High Initial and Maintenance Costs of Non-concentrating Solar Collector May Hamper the Market Growth.

  • Key Players: Solvay S.A., Phoenix Solar Thermal Inc, SunMaxx Solar, ABB Ltd, Absolicon Solar Collector AB, Trina Solar Co., Ltd.

Global Non-concentrating Solar Collector Market Forecast and Regional Outlook:

  • Market Size & Growth Projections:

    • 2025 Market Size: USD 15.73 billion
    • 2026 Market Size: USD 17.64 billion
    • Projected Market Size: USD 55.81 billion by 2035
    • Growth Forecasts: 13.5% CAGR (2026-2035)

  • Key Regional Dynamics:

    • Largest Region: Asia Pacific (36% Share by 2035)
    • Fastest Growing Region: Asia Pacific
    • Dominating Countries: China, United States, Germany, Japan, Australia
    • Emerging Countries: China, India, Japan, South Korea, Thailand

    • Last updated on : 11 September, 2025

Growth Drivers

  • Surge in the Construction of Smart Cities - Information and communication technology (ICT) is essential to smart cities in order to improve operational effectiveness and provide residents with a higher standard of living. Their main goal is to use data analysis and smart technologies to promote economic growth and optimize city services. Along with maintaining public safety, smart cities also focus on enhancing public health. Consequently, governments around the world are starting to develop smart cities through projects, which is driving up demand for sustainable energy sources. To reduce pollution and promote a sustainable lifestyle, solar thermal collectors are being installed in various smart city areas, and individual houses are being encouraged to switch from traditional energy sources to solar energy.
  • Growing Awareness Regarding Negative Consequences of Fossil Fuels - The growing awareness about the harmful effects of fossil fuels on the environment is driving the market growth. Environmental problems associated with the increased use of new sustainable energy supply options that make use of renewable energy are linked to the finite availability of fossil fuel resources. As per a report, together, China and the US were accountable for 45% of the emissions from fuel combustion worldwide. The European Union, India, the Russian Federation, and Japan were next in line.  Therefore, the demand for decentralized collectors will rise dramatically across countries, due to low installation costs and the growing demand for green energy.
  • Increase in Government Initiatives - Since non-concentrating solar collectors are a great option for early adopters of solar technology, their popularity is on the rise. People are also drawn to solar technology since so many governments provide financial support in the form of subsidies. For instance, the Solar for All initiative by the US government seeks to guarantee that underprivileged communities that are neglected, impoverished, and overloaded by pollution receive 40% of the total benefits of specific Federal investments. The program will also assist in accomplishing the government's objective of having a net zero emissions economy by 2050 and a power sector free of carbon pollution by 2035.

Challenges

  • Unavailability of Solar Rays Due to Weather Conditions - The irregular availability of solar radiation and insufficient sunshine in certain global locations. Also, rainy days still allow solar energy to be harvested, but the solar system's efficiency decreases. For solar panels to efficiently collect solar energy, sunlight is a requirement. For this reason, a few overcast, wet days can have a significant impact on the energy system. Therefore, this is one of the major concerns that may hamper the growth of the non-concentrating solar collector market.
  • High Initial and Maintenance Costs of Non-concentrating Solar Collector May Hamper the Market Growth.
  • Lack of Space for Set-up May Hinder the Market Growth

Non-concentrating Solar Collector Market Size and Forecast:

Report Attribute Details

Base Year

2025

Forecast Period

2026-2035

CAGR

13.5%

Base Year Market Size (2025)

USD 15.73 billion

Forecast Year Market Size (2035)

USD 55.81 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Access Detailed Forecasts & Data-Driven Insights: Request Free Sample PDF

Non-concentrating Solar Collector Market Segmentation:

Absorber Plates Segment Analysis

Non-concentrating solar collector market from the copper segment is anticipated to hold a share of 42% during the foreseen period. The most popular kind of non-concentrating solar collector is the flat-plate solar collector, which has several uses. Due to its superior heat conductivity, durability, and corrosion resistance, copper is frequently used for absorber plates. Some other benefits such as low heat loss and great efficiency in mild climes and low-temperature applications, as well as simplicity, durability, and ease of installation and maintenance, are driving the growth of the copper segment. Sunlight heat is effectively transferred to the working fluid or heat transfer medium. Copper is capable of tolerating heat cycling and is suitable for high-temperature applications. Therefore, these factors are contributing to the expansion of the copper segment.

Application Segment Analysis

The residential segment is expected to hold around 46% share of the global non-concentrating solar collector market by 2035. Residential utilization of solar thermal systems is mostly in the production of hot water through domestic hot water systems. The expansion of solar district heating projects worldwide is the primary factor propelling the residential solar thermal industry. They are essential to the decarbonization of the heating industry and to addressing the growing need for environmentally friendly solutions for space and household water heating, among other heating needs. The presence of new policies in regard to the launch of green building codes, such as energy conservation building codes in India, China, the US, and others will further augment the growth of the market. For instance, China's green building action plan committed to raising the percentage of environmentally friendly building materials in the construction sector to 20%. Also, a rise in investment in the construction sector in the re-establishment and refurbishment of buildings will drive market growth.

Our in-depth analysis of the global market includes the following segments:

          Absorber Plates
  • Copper
  • Aluminium
  • Steel Plates

          Application

  • Residential
  • Commercial
  • Industrial
Vishnu Nair
Vishnu Nair
Head - Global Business Development

Customize this report to your requirements — connect with our consultant for personalized insights and options.

Non-concentrating Solar Collector Market Regional Analysis:

APAC Market Insights

Asia Pacific industry is likely to hold largest revenue share of 36% by 2035. The market is growing in the region due to the increased demand from planned and current solar power projects. In China, the first quarter saw a 33.7% increase in solar power and a 1.8% increase in coal power. With 430 GW of solar energy generated so far, China has nearly half of its 1,130 GW of coal power plants online. Also, the market is anticipated to benefit from alluring government programs and financing for clean renewable energy. For instance, the Chinese government launched the "Top Runner Program" to promote the use of highly efficient solar photovoltaic (PV) panels. As part of this strategy, China sets efficiency standards for PV modules, which forces manufacturers to develop and sell more efficient solar panels. The effort aims to improve the non-concentrating solar collectors' overall performance and effectiveness throughout the country.        

North American Market Insights

North American non-concentrating Solar Collector market is anticipated to account for a share of 25% during the projected period. The non-concentrating solar collectors are gaining popularity in the region due to their use in commercial facilities, which include swimming pools and space heating in colder climates. Also, the growth can be attributed to growing concerns about the sustainability of the environment and the dwindling supply of natural resources. As per a report, with only 3.45 hectares of biocapacity per person, the United States has one of the greatest ecological footprints in the world, at 8.04 gha per person.

Non-concentrating Solar Collector Market Size
Get Strategic Analysis by Region Now: Request Free Sample PDF

Non-concentrating Solar Collector Market Players:

    • Solvay S.A.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Phoenix Solar Thermal Inc
    • SunMaxx Solar
    • ABB Ltd
    • Absolicon Solar Collector AB
    • Trina Solar Co., Ltd.

Recent Developments

  • October 2020 - SunMaxx announced that NSF-61 certification had been granted for FlowMaxx flexible solar line set.  For hundreds of solar hot water systems of all sizes in the US and around the world, SunMaxx's FlowMaxx solar line set has set the bar for performance, price, and ease of installation for years.
  • May 2021 - Production of solar collector panels needs to be accurate, extremely efficient, and reasonably priced in order to support the shift to a sustainable society and protect resources. In order to do this, Absolicon and ABB worked together to develop the only comprehensive solution in the world for producing concentrated solar collectors in large quantities at Absolicon's factory in Härnösand, Sweden.
  • Report ID: 5425
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT
  • Get detailed insights on specific segments/region
  • Inquire about report customization for your industry
  • Learn about our special pricing for startups
  • Request a demo of the report’s key findings
  • Understand the report’s forecasting methodology
  • Inquire about post-purchase support and updates
  • Ask About Company-Level Intelligence Additions

Have specific data needs or budget constraints?

customer-service Inquiry Before Buying

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of non-concentrating solar collector is assessed at USD 17.64 billion.

The global non-concentrating solar collector market size was valued at over USD 15.73 billion in 2025 and is expected to register a CAGR of around 13.5%, exceeding USD 55.81 billion revenue by 2035.

The Asia Pacific non-concentrating solar collector market will hold over 36% share by 2035, driven by increased demand from planned and current solar power projects and government programs.

Key players in the market include Solvay S.A., Phoenix Solar Thermal Inc, SunMaxx Solar, ABB Ltd, Absolicon Solar Collector AB, Trina Solar Co., Ltd.

Non-concentrating Solar Collector Market Report Scope

GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

Connect with our Expert

Ipseeta Dash
Ipseeta Dash
Assistant Manager - Client Engagement
Inquiry Before Buying Request Free Sample PDF

Copyright @ 2025 Research Nester. All Rights Reserved.

footer-bottom-logos