Report Detail

According to our (Global Info Research) latest study, the global Photovoltaic Thermal (PVT) System market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.117 GW.
This report is a detailed and comprehensive analysis for global Photovoltaic Thermal (PVT) System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Photovoltaic Thermal (PVT) System market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Photovoltaic Thermal (PVT) System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Photovoltaic Thermal (PVT) System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Photovoltaic Thermal (PVT) System market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Photovoltaic Thermal (PVT) System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Photovoltaic Thermal (PVT) System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include DualSun, PiKCELL, SolarMaster, Northburn Solar, NIBE Energy Systems, Caplin, LG Electronics, Solimpeks, Abora Solar, Grammer Solar, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Photovoltaic Thermal (PVT) System market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Flat Panel Photovoltaic Thermal (PVT) Systems
Evacuated Tube Photovoltaic Thermal (PVT) Systems
Others
Market segment by Application
Commercial
Family Expenses
Industrial
Others
Major players covered
DualSun
PiKCELL
SolarMaster
Northburn Solar
NIBE Energy Systems
Caplin
LG Electronics
Solimpeks
Abora Solar
Grammer Solar
TES Group Limited
Himin
Crane Ltd.
TURCO GROUP
SR ENERGY
SYSTOVI
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Photovoltaic Thermal (PVT) System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Photovoltaic Thermal (PVT) System, with price, sales quantity, revenue, and global market share of Photovoltaic Thermal (PVT) System from 2020 to 2025.
Chapter 3, the Photovoltaic Thermal (PVT) System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Photovoltaic Thermal (PVT) System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Photovoltaic Thermal (PVT) System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Photovoltaic Thermal (PVT) System.
Chapter 14 and 15, to describe Photovoltaic Thermal (PVT) System sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Photovoltaic Thermal (PVT) System Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Flat Panel Photovoltaic Thermal (PVT) Systems
    • 1.3.3 Evacuated Tube Photovoltaic Thermal (PVT) Systems
    • 1.3.4 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Photovoltaic Thermal (PVT) System Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Commercial
    • 1.4.3 Family Expenses
    • 1.4.4 Industrial
    • 1.4.5 Others
  • 1.5 Global Photovoltaic Thermal (PVT) System Market Size & Forecast
    • 1.5.1 Global Photovoltaic Thermal (PVT) System Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Photovoltaic Thermal (PVT) System Sales Quantity (2020-2031)
    • 1.5.3 Global Photovoltaic Thermal (PVT) System Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 DualSun
    • 2.1.1 DualSun Details
    • 2.1.2 DualSun Major Business
    • 2.1.3 DualSun Photovoltaic Thermal (PVT) System Product and Services
    • 2.1.4 DualSun Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 DualSun Recent Developments/Updates
  • 2.2 PiKCELL
    • 2.2.1 PiKCELL Details
    • 2.2.2 PiKCELL Major Business
    • 2.2.3 PiKCELL Photovoltaic Thermal (PVT) System Product and Services
    • 2.2.4 PiKCELL Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 PiKCELL Recent Developments/Updates
  • 2.3 SolarMaster
    • 2.3.1 SolarMaster Details
    • 2.3.2 SolarMaster Major Business
    • 2.3.3 SolarMaster Photovoltaic Thermal (PVT) System Product and Services
    • 2.3.4 SolarMaster Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 SolarMaster Recent Developments/Updates
  • 2.4 Northburn Solar
    • 2.4.1 Northburn Solar Details
    • 2.4.2 Northburn Solar Major Business
    • 2.4.3 Northburn Solar Photovoltaic Thermal (PVT) System Product and Services
    • 2.4.4 Northburn Solar Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Northburn Solar Recent Developments/Updates
  • 2.5 NIBE Energy Systems
    • 2.5.1 NIBE Energy Systems Details
    • 2.5.2 NIBE Energy Systems Major Business
    • 2.5.3 NIBE Energy Systems Photovoltaic Thermal (PVT) System Product and Services
    • 2.5.4 NIBE Energy Systems Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 NIBE Energy Systems Recent Developments/Updates
  • 2.6 Caplin
    • 2.6.1 Caplin Details
    • 2.6.2 Caplin Major Business
    • 2.6.3 Caplin Photovoltaic Thermal (PVT) System Product and Services
    • 2.6.4 Caplin Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Caplin Recent Developments/Updates
  • 2.7 LG Electronics
    • 2.7.1 LG Electronics Details
    • 2.7.2 LG Electronics Major Business
    • 2.7.3 LG Electronics Photovoltaic Thermal (PVT) System Product and Services
    • 2.7.4 LG Electronics Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 LG Electronics Recent Developments/Updates
  • 2.8 Solimpeks
    • 2.8.1 Solimpeks Details
    • 2.8.2 Solimpeks Major Business
    • 2.8.3 Solimpeks Photovoltaic Thermal (PVT) System Product and Services
    • 2.8.4 Solimpeks Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Solimpeks Recent Developments/Updates
  • 2.9 Abora Solar
    • 2.9.1 Abora Solar Details
    • 2.9.2 Abora Solar Major Business
    • 2.9.3 Abora Solar Photovoltaic Thermal (PVT) System Product and Services
    • 2.9.4 Abora Solar Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Abora Solar Recent Developments/Updates
  • 2.10 Grammer Solar
    • 2.10.1 Grammer Solar Details
    • 2.10.2 Grammer Solar Major Business
    • 2.10.3 Grammer Solar Photovoltaic Thermal (PVT) System Product and Services
    • 2.10.4 Grammer Solar Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Grammer Solar Recent Developments/Updates
  • 2.11 TES Group Limited
    • 2.11.1 TES Group Limited Details
    • 2.11.2 TES Group Limited Major Business
    • 2.11.3 TES Group Limited Photovoltaic Thermal (PVT) System Product and Services
    • 2.11.4 TES Group Limited Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 TES Group Limited Recent Developments/Updates
  • 2.12 Himin
    • 2.12.1 Himin Details
    • 2.12.2 Himin Major Business
    • 2.12.3 Himin Photovoltaic Thermal (PVT) System Product and Services
    • 2.12.4 Himin Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Himin Recent Developments/Updates
  • 2.13 Crane Ltd.
    • 2.13.1 Crane Ltd. Details
    • 2.13.2 Crane Ltd. Major Business
    • 2.13.3 Crane Ltd. Photovoltaic Thermal (PVT) System Product and Services
    • 2.13.4 Crane Ltd. Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Crane Ltd. Recent Developments/Updates
  • 2.14 TURCO GROUP
    • 2.14.1 TURCO GROUP Details
    • 2.14.2 TURCO GROUP Major Business
    • 2.14.3 TURCO GROUP Photovoltaic Thermal (PVT) System Product and Services
    • 2.14.4 TURCO GROUP Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 TURCO GROUP Recent Developments/Updates
  • 2.15 SR ENERGY
    • 2.15.1 SR ENERGY Details
    • 2.15.2 SR ENERGY Major Business
    • 2.15.3 SR ENERGY Photovoltaic Thermal (PVT) System Product and Services
    • 2.15.4 SR ENERGY Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 SR ENERGY Recent Developments/Updates
  • 2.16 SYSTOVI
    • 2.16.1 SYSTOVI Details
    • 2.16.2 SYSTOVI Major Business
    • 2.16.3 SYSTOVI Photovoltaic Thermal (PVT) System Product and Services
    • 2.16.4 SYSTOVI Photovoltaic Thermal (PVT) System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 SYSTOVI Recent Developments/Updates

3 Competitive Environment: Photovoltaic Thermal (PVT) System by Manufacturer

  • 3.1 Global Photovoltaic Thermal (PVT) System Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Photovoltaic Thermal (PVT) System Revenue by Manufacturer (2020-2025)
  • 3.3 Global Photovoltaic Thermal (PVT) System Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Photovoltaic Thermal (PVT) System by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Photovoltaic Thermal (PVT) System Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Photovoltaic Thermal (PVT) System Manufacturer Market Share in 2024
  • 3.5 Photovoltaic Thermal (PVT) System Market: Overall Company Footprint Analysis
    • 3.5.1 Photovoltaic Thermal (PVT) System Market: Region Footprint
    • 3.5.2 Photovoltaic Thermal (PVT) System Market: Company Product Type Footprint
    • 3.5.3 Photovoltaic Thermal (PVT) System Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Photovoltaic Thermal (PVT) System Market Size by Region
    • 4.1.1 Global Photovoltaic Thermal (PVT) System Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Photovoltaic Thermal (PVT) System Consumption Value by Region (2020-2031)
    • 4.1.3 Global Photovoltaic Thermal (PVT) System Average Price by Region (2020-2031)
  • 4.2 North America Photovoltaic Thermal (PVT) System Consumption Value (2020-2031)
  • 4.3 Europe Photovoltaic Thermal (PVT) System Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Photovoltaic Thermal (PVT) System Consumption Value (2020-2031)
  • 4.5 South America Photovoltaic Thermal (PVT) System Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Photovoltaic Thermal (PVT) System Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Photovoltaic Thermal (PVT) System Sales Quantity by Type (2020-2031)
  • 5.2 Global Photovoltaic Thermal (PVT) System Consumption Value by Type (2020-2031)
  • 5.3 Global Photovoltaic Thermal (PVT) System Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Photovoltaic Thermal (PVT) System Sales Quantity by Application (2020-2031)
  • 6.2 Global Photovoltaic Thermal (PVT) System Consumption Value by Application (2020-2031)
  • 6.3 Global Photovoltaic Thermal (PVT) System Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Photovoltaic Thermal (PVT) System Sales Quantity by Type (2020-2031)
  • 7.2 North America Photovoltaic Thermal (PVT) System Sales Quantity by Application (2020-2031)
  • 7.3 North America Photovoltaic Thermal (PVT) System Market Size by Country
    • 7.3.1 North America Photovoltaic Thermal (PVT) System Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Photovoltaic Thermal (PVT) System Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Photovoltaic Thermal (PVT) System Sales Quantity by Type (2020-2031)
  • 8.2 Europe Photovoltaic Thermal (PVT) System Sales Quantity by Application (2020-2031)
  • 8.3 Europe Photovoltaic Thermal (PVT) System Market Size by Country
    • 8.3.1 Europe Photovoltaic Thermal (PVT) System Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Photovoltaic Thermal (PVT) System Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Photovoltaic Thermal (PVT) System Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Photovoltaic Thermal (PVT) System Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Photovoltaic Thermal (PVT) System Market Size by Region
    • 9.3.1 Asia-Pacific Photovoltaic Thermal (PVT) System Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Photovoltaic Thermal (PVT) System Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Photovoltaic Thermal (PVT) System Sales Quantity by Type (2020-2031)
  • 10.2 South America Photovoltaic Thermal (PVT) System Sales Quantity by Application (2020-2031)
  • 10.3 South America Photovoltaic Thermal (PVT) System Market Size by Country
    • 10.3.1 South America Photovoltaic Thermal (PVT) System Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Photovoltaic Thermal (PVT) System Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Photovoltaic Thermal (PVT) System Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Photovoltaic Thermal (PVT) System Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Photovoltaic Thermal (PVT) System Market Size by Country
    • 11.3.1 Middle East & Africa Photovoltaic Thermal (PVT) System Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Photovoltaic Thermal (PVT) System Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Photovoltaic Thermal (PVT) System Market Drivers
  • 12.2 Photovoltaic Thermal (PVT) System Market Restraints
  • 12.3 Photovoltaic Thermal (PVT) System Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Photovoltaic Thermal (PVT) System and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Photovoltaic Thermal (PVT) System
  • 13.3 Photovoltaic Thermal (PVT) System Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Photovoltaic Thermal (PVT) System Typical Distributors
  • 14.3 Photovoltaic Thermal (PVT) System Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Photovoltaic Thermal (PVT) System. Industry analysis & Market Report on Photovoltaic Thermal (PVT) System is a syndicated market report, published as Global Photovoltaic Thermal (PVT) System Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Photovoltaic Thermal (PVT) System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

    Last updated on

    REPORT YOU MIGHT BE INTERESTED

    Purchase this Report

    $3,480.00
    $5,220.00
    $6,960.00
    2,690.04
    4,035.06
    5,380.08
    3,239.88
    4,859.82
    6,479.76
    531,361.20
    797,041.80
    1,062,722.40
    293,712.00
    440,568.00
    587,424.00
    Credit card Logo

    Related Reports


    Reason to Buy

    Request for Sample of this report