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.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 5425
Published Date: Nov 30, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Surge in the construction of smart cities, growing awareness regarding negative consequences of fossil fuels, and increase in government initiatives are the major factors driving the growth of the non-concentrating solar collector market
The market size of non-concentrating solar collector is anticipated to attain a CAGR of 13% over the forecast period, i.e., 2024-2036.
The major players in the market are Solvay S.A., Phoenix Solar Thermal Inc, SunMaxx Solar, ABB Ltd, Absolicon Solar Collector AB, Trina Solar Co., Ltd., Rinnai Corporation, Mitsubishi Corporation, Mitsui Co., Ltd., Sharp Solar. and others.
The residential segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.