A collector which is designed to tap the
thermal energy given out by the sun is called a solar thermal collector. Solar
thermal collectors are mainly categorized as concentrating and
non-concentrating. They can come in various sizes and are made up of various
materials, depending on the purpose for which they are installed. Solar thermal
collectors can be found in households, laboratories, research and development
facilities, commercial buildings and industries. The main application of solar
thermal collectors is the manufacture of electricity. For domestic purposes, it
is used for heating water without the consumption of electricity.
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There is an increasing awareness of the
depleting non-renewable energy resources Rising prices of oil has lead to
consumers look at cheaper options of energy. Solar energy being available in
abundance has lead to an increase in popularity of this resource. As solar
energy is freely available, the only cost involved is the cost of equipment
used for converting heat into usable energy. This is the one of the primary
drivers for the solar thermal collectors market, as solar energy. There is an
increasing demand of solar energy in developing countries such as China and
India. One of the primary restraints for the solar thermal collectors market is
availability of sunlight. Collectors are not very useful in regions where there
is less or no sunlight due to climatic conditions, as the output will be very
low. This hampers the solar collectors market in such regions. In addition,
there is very low awareness of solar energy in the other developing parts of
Africa and Asia. This is a key challenge to the solar collectors market.
There is an increase in demand of solar energy
in the global market. Manufacturers are now looking at substitute materials
which can make their products more cost effective. In addition, consumers are
looking at innovations in design and application such as solar collectors for
powering electronic digital products such as cell phones, watches, laptops and
solar vehicles. Less labor intensive and simpler designs is also a growing
opportunity in this market. Some of the leading manufacturers of solar thermal
collectors include SunMaxx Solar, Solar Skies Mfg. LLC, TVP Solar, Sun Master
Energiesysteme GmbH, Alternate Energy Technologies, LLC and Solar Millennium AG
among others.
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