Solar Thermal Technologies: Applications and Global Markets
The global market for solar thermal technologies is expected to grow at a compound annual growth rate (CAGR) of 16.6%, from nearly $19.8 billion in 2014 to about $42.6 billion in 2019.
Concentrated solar power market reached $2.4 billion in 2014 and should reach $25.8 billion by 2019, with a CAGR of 60.2% through 2019.
Solar heat market is expected to decrease at a CAGR of -0.6%, from $17.4 billion to nearly $16.8 billion by 2019.
