Solar Collector Tube Market to Surpass USD 11.4 Billion by 2035 Amid Growing Global Shift to Renewable Heating Solutions
As the world intensifies its efforts to decarbonize energy and reduce reliance on fossil fuels, solar thermal technology is gaining traction. The global solar collector tube market is poised to grow significantly, rising from a valuation of USD 5 billion in 2024 to USD 11.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 8.7%.
Solar collector tubes, the core component of solar thermal systems, are being adopted globally to harness solar energy for water and space heating across residential, commercial, and industrial sectors.
Market Overview and Growth Catalysts
Driven by increasing demand for energy-efficient heating systems and sustainable alternatives to conventional water heating, solar collector tubes are becoming essential in both urban and rural energy transitions.
The market growth is underpinned by:
Government incentives and tax rebates on solar adoption
Rising global temperatures and energy consumption
Technological advancements improving efficiency and affordability
Expanding applications in commercial and industrial process heating
Developing economies in Asia-Pacific, Latin America, and the Middle East are showing heightened interest due to expanding construction activities and energy access goals.
Market Segmentation
By Type:
U-Shape
Heat Pipe
Evacuated Tubes (most efficient for colder climates and large systems)
Flat Plate
Others
Evacuated tube collectors dominate in efficiency and usage, particularly in residential and commercial water heating applications. Flat plates, though slightly less efficient, remain popular for their durability and cost-effectiveness.
By System Type:
Thermosiphon (passive and low-maintenance)
Pumped (active systems for high-capacity setups)
Passive
Tracking
ICS (Integrated Collector Storage)
Others
Thermosiphon and pumped systems are leading the adoption due to their versatility in both off-grid and grid-integrated setups.
By End User:
Residential – Small-scale solar water heaters and home heating
Commercial – Hotels, offices, and public buildings
Industrial – Process heating, preheating boilers, and agriculture
The residential sector currently holds the largest share, but industrial applications are expected to surge due to increasing demand for clean process heating.
Competitive Landscape
The market is moderately fragmented, with a blend of established players and innovative startups competing for market share. Key players are focusing on efficiency, lifespan, and modular designs to cater to various climatic and infrastructural conditions.
Major companies in the market include:
SCHOTT Envases Argentina S.A.
Sunrain
GREENoneTEC Solarindustrie GmbH
SunEarth
Solahart Australia
CARRIER
Solar Solutions LLC
Hewalex
Solimpeks
Apricus Solar Co. Ltd.
Babcock & Wilcox Enterprises, Inc.
Aquatherm Industries, Inc.
Northern Lights Solar Solutions
Hydro Solar Innovative Energy
Ariston Thermo USA LLC
Companies are also exploring partnerships with construction and utility firms to expand project scale and reach.
Outlook & Opportunities
With continued global commitments to renewable energy, the solar collector tube market offers considerable long-term potential. Innovations in vacuum insulation, smart sensors, and hybrid systems (solar + heat pump) are set to redefine performance standards.
Policy backing, such as solar mandates in new construction and net-zero emission goals, will further boost adoption—especially in urban settings with rising energy demands.
Read Full Industry Insights
Get comprehensive data, forecast analysis, and competitive insights from the official Prophecy Market Insights report:
? Solar Collector Tube Market Report
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