Press Release

Assessment of the Solar Updraft Tower Market

TMRR, in its recently published market research study, provides an out-an-out analysis of the current and future prospects of the Solar Updraft Tower market over the forthcoming decade. The study thoroughly analyzes all-round prospects of the Solar Updraft Tower market in various regional markets. In addition, the report examines the political and economic scenarios in different regions and their impact on the overall dynamics of the Solar Updraft Tower market.

The study reveals that the Solar Updraft Tower market is expected to reach a value of ~US$XX in 2019 and grow at a CAGR of ~XX% between 2019 and 2029. Furthermore, the study provides a thorough analysis of the quantitative and qualitative aspects of the Solar Updraft Tower market across various geographies.

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Critical information that can be drawn from the Solar Updraft Tower market report:

  • Evaluation of the key success factors that are expected to propel the growth of the Solar Updraft Tower market
  • Recent technological advances and innovations relevant to the Solar Updraft Tower market
  • The growth potential of emerging market players in various regions
  • Current and upcoming trends expected to influence the growth of the Solar Updraft Tower market
  • Import-export and supply-demand ratio analysis of the Solar Updraft Tower

The report addresses the following queries pertaining to the Solar Updraft Tower market:

  1. What are the different organic and inorganic growth strategies adopted by players in the Solar Updraft Tower market?
  2. Which region is expected to dominate the Solar Updraft Tower market in terms of share in the forecast period?
  3. How are market players reducing their environmental footprint?
  4. What are the latest innovations in the Solar Updraft Tower market?
  5. What is the estimated value of the Solar Updraft Tower market in 2019?

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Solar Updraft Tower Market Segmentation

The report bifurcates the Solar Updraft Tower market to offer a microscopic view of the various aspects of the market. The Solar Updraft Tower market is segmented on the basis of region, product type, end-user, and more.

Segmentation and Analysis

The solar updraft market can be segmented on the basis of the types of components, into collectors, storage, towers, and turbines. The air collector is a plastic film or glass glazing, which is used to collect the air produced from the greenhouse effect. The glazing is stretched a few meters above the ground and the radius of the tower increases towards the base of the tower. The air is diverted from horizontal movement into vertical with minimal frictional loss. The ground under the roof heats up, and through solar radiation, the heat is transferred to the air flowing towards the tower. Storage devices are used to store the generated thermal energy.

Towers are usually the thermal engines of solar updraft plants. These are pressure tubes with minimal friction loss because of the surface to volume ratio. In a huge solar updraft tower, the collector elevates the temperature by about 30 to 35 Kelvin. This generates an upward velocity in the tower of close to 15 m/sec. Turbines are used to convert heat energy into rotational energy derived from the tower. The turbines in the solar updraft tower work a shrouded pressure stage or a wind turbo generator, in which static power is converted into rotational energy, using a cased turbine. The output is proportional to the volume flown and pressure differential over the turbine.

Global Solar Updraft Tower Market: Regional Assessment

In the European region, a small scale demonstration plant is currently operational in Manzanares, Spain. In the North America, multiple projects are expected to be approved and built in the coming years. In the Asia Pacific region, tropical locations and such as India and parts of Australia can be great options from an investor’s point of view. Currently, in China, a 200 kilowatt updraft tower is operational in Jinshawan in Inner Mongolia.

Global Solar Updraft Tower Market: Top Names in the Market

The key players in the solar updraft tower market so far were EnviroMission and Hyperion Energy.

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