Estimated Global Solar Thermal Turnover in 2013: around EUR 18 billion
Submitted by Baerbel Epp on May 4, 2015
|
China |
Europe |
Difference |
Newly installed collector area in 2013 |
63.6 million m² |
3.05 million m² |
21-fold in China |
Share of vacuum tubes in collector area newly installed in 2013 |
91 % |
11 % |
Eightfold in China |
Industry turnover in 2013 (including manufacturing and installation) |
RMB 100 billion (EUR 14.4 billion), with RMB 1 = EUR 0.144 |
EUR 2.3 billion |
Sixfold in China |
Specific turnover of newly installed collector area |
1.572 RMB/m² (around 226 EUR/m²) |
754 EUR/m² |
Triple the amount in Europe |
- Brazil: According to estimates by DASOL, the Solar Heating Department of the Brazilian Association of Refrigeration, Air Conditioning, Ventilation and Heating, ABRAVA, the annual turnover of the solar thermal sector amounts to around USD 630 million (including unglazed collectors).
- India: As per statistics released by the Indian Ministry of New and Renewable Energy (MNRE), the overall size of the solar thermal market is close to USD 200 million annually.
- Turkey: According to industry estimates, the average sales price of solar water heating systems on the market, from the most basic products to selectively coated high-end systems including installation, is around 95 EUR/m². Considering the 1.9 million m² of newly installed collector area in 2013, this adds up to around EUR 181 million each year.
Country / region |
Turnover (in EUR) |
Source |
Europe |
2,300 million |
ESTIF |
China |
14,400 million |
CSTIF |
Brazil |
561 million |
DASOL / ABRAVA |
India |
178 million |
MNRE |
Turkey |
181 million |
Industry estimates |
Others |
376 million |
solrico estimates |
Total |
17,996 million |
|
