Solar Thermal Collectors Research Highlights & Key Takeaways

Study Period 2021 – 2031
Base Year 2026
Forecast Period 2027 – 2031
Projected Growth Rate (CAGR) 5.0%+ CAGR
Geographic Coverage 142
Market Segments Covered Alternative & Renewables
Key Companies Analyzed Comprehensive Competitive Landscape & Key Players Profiled
Report Delivery Format PDF, Excel, PPT (Instant Download & Email Delivery)

Market Insights on Mexico Solar Thermal Collectors Market• According to the research report, "Mexico Solar Thermal Collectors Market Overview, 2031," published by Bonafide Research, the Mexico Solar Thermal Collectors market is expected to reach a market size of USD 256.08 Million by 2031. • Mexico's solar thermal sector has demonstrated remarkable resilience and growth, establishing itself as the sixth-largest market globally in 2023 with a 5% expansion while mature European markets contracted sharply. The upward trajectory continued into 2024, with newly installed collector area growing by nearly 10% to reach 505,711 m², equivalent to 354 MW of thermal capacity, according to market statistics compiled by the Mexican solar industry associations FAMERAC and ANES. This growth path has attracted fresh entrants to the manufacturing landscape, including flat plate collector producer H Solar in Nuevo León and system integrator Distrito Energía in Jalisco, signaling a decentralization of the industry beyond traditional strongholds. The election of President Claudia Sheinbaum, who previously implemented the Ciudad Solar programme as Mayor of Mexico City promoting both photovoltaic and solar heating systems, has raised industry expectations that solar heat will be integrated more strongly into national energy policies.• The residential segment continues to anchor demand, representing 66.4% of newly installed collector area in 2024, with approximately 3.5 million Mexican households, or roughly 10% of homes, now equipped with solar water heaters. Swimming pool heating constitutes a significant secondary application at 22.7% of installations, while commercial and industrial sectors are gaining ground with 5% and 5.5% respectively. Beyond residential deployment, Mexico has emerged as a global leader in large-scale solar thermal installations for industrial processes, with more than 200 sizable systems installed across pharmaceutical, food and beverage, and automotive sectors.

A total of 288 solar process heat plants have been installed nationally since 2017 through the end of 2025, positioning the country as a worldwide leader in solar heat for industrial processes.• Regulatory infrastructure has evolved to support market expansion through mandatory standards and fiscal incentives. The National Commission for the Efficient Use of Energy has announced draft Mexican Official Standard PROY-NOM-039-ENER/SE-2025, establishing minimum values for thermal performance, gas savings, test methods, labelling, and safety specifications for low-pressure solar water heaters. Article 205 of Mexico's Income Tax Law grants a 100% deduction in a single fiscal year for investments in machinery and equipment used for renewable energy generation, explicitly including solar thermal technologies. At the subnational level, Mexico City has implemented a solar obligation for new buildings and invested MXN 14.7 million to bring solar water heating to public hospitals through its Climate Action Program. Jalisco's State Energy Plan explicitly highlights support for solar heat solutions across residential, commercial, and industrial sectors.Competitive Landscape of Mexico Solar Thermal Collectors Market• Módulo Solar, headquartered in Mexico and operating for over four decades, stands as the country's leading manufacturing company with CEO Daniel García Valladares serving as President of FAMERAC, the association bringing together Mexico's principal renewable energy technology manufacturers. The company has developed polymer solar collectors specifically designed to satisfy hot water demand in Mexican households, representing an indigenous technological adaptation to local market conditions.

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Comprehensive industry analysis covering market size, CAGR growth forecasts, competitive landscape, and key segment breakdowns.

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Aquasol operates as the largest solar water heater manufacturer in the Americas, with more than a decade of experience and proprietary technology developed across its Mexican production facilities. Kessel Calentadores Solares, based in Mexico City, operates as a 100% Mexican company dedicated to manufacturing solar water heaters and distributing to commercial clients. TECNOSOL has pioneered Mexico's renewable energy sector since 1969, while Grupo Solarqro was established in 2006 in Querétaro and has become a leader in solar thermal commercialization.• USOL, S.A. de C.V. has established itself as a Mexican leader in developing water heating equipment, air heating systems, drying ovens, and fluid preheating solutions through solar thermal applications. Captasol, manufacturing since 2006, specializes in solar dryers for the agricultural sector and has expanded into solar thermal collector production. Integrasolar executes solar thermal projects for swimming pool water heating alongside photovoltaic systems, serving the residential and commercial segments. Flemming Jorgensen, a solar thermal engineering firm based in Mexico, recently completed a landmark project for Grupo México's La Caridad mine in Sonora, sourcing high-efficiency collectors from Finnish manufacturer Savosolar while managing local integration including control systems, thermal storage, and automated monitoring.

The 910 m² installation achieved an 84% reduction in diesel consumption, cutting Grupo México's use to 89,400 litres in 2024, translating to over 1,350 tonnes of avoided CO₂ emissions and annual cost savings of approximately MX$9.5 million.• The value chain has diversified significantly, with regional manufacturers spread across key economic zones and international players entering the market. Dimas Solar from Greece has established a presence on the exhibition floor at Intersolar Mexico, while H Solar in Nuevo León and Distrito Energía in Jalisco represent the newest generation of domestic entrants. The competitive landscape benefits from Mexico's position as a worldwide leader in solar heat for industrial processes, with 288 solar process heat plants installed since 2017 attracting international technology providers and engineering firms. Entry barriers have moderated as the supply chain matures, though access to financing and technical expertise for large-scale industrial installations remains a differentiator for established players.• Intersolar Mexico has become the premier industry gathering, with solar thermal taking center stage in the conference programme featuring a strong focus on commercial and industrial applications. The event brings together manufacturers, project developers, and policymakers to advance the deployment of solar heat technologies across residential, commercial, and industrial segments. CONFACEPE, Mexico's National Energy and Petrochemical Council, has signed a commercial and environmental partnership with SOLARMX, a Mexican manufacturing alliance, to target energy efficiency improvements across the industrial sector.

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Industry events provide critical platforms for knowledge transfer and business development as the market transitions from predominantly residential applications toward higher-value commercial and industrial deployments.Market DynamicsDriver: Industrial Process Heat Leadership and Mining Sector Adoption Mexico has established itself as the global leader in solar heat for industrial processes, with 288 solar process heat plants installed since 2017 and more than 200 sizable systems operational across pharmaceutical, food and beverage, and automotive sectors. The mining sector offers particularly compelling economics, as remote operations often lack access to cheap energy sources, making solar thermal highly attractive for electrolyte heating and process applications. The La Caridad mine project reduced diesel consumption by 84% and achieved annual savings of MX$9.5 million, demonstrating the commercial viability of solar thermal in heavy industry.Challenge: Competition with Subsidized Natural Gas and Absence of Heat Sector Decarbonization Targets Solar thermal must compete directly with US-prevalent natural gas, which benefits from infrastructure advantages and pricing that solar heat cannot match without policy intervention. Mexico lacks explicit decarbonization goals for the heat sector, leaving solar thermal without the policy tailwinds that have accelerated photovoltaic deployment. The installation of solar heating equipment grows at an annual rate of 6%, significantly trailing photovoltaic's 20% annual growth, reflecting the disparity in policy attention and investment incentives between the two technologies.Trend: Utility-Scale Concentrating Solar Power Development and Technological Diversification The Mexican government has announced an US$800 million investment in two thermosolar power plants to be constructed by the Federal Electricity Commission (CFE) in Baja California Sur, utilizing central tower thermal solar power technology with thermal storage tanks. The plants will benefit between 100,000 and 200,000 households and require 36 to 48 months for completion.

INEEL, the National Institute of Electricity and Clean Energies, has developed a pilot plant of parabolic trough collectors featuring smart solar tracking systems and versatile applications in industrial heating, alongside validation work on molten salts and phase-change materials.Segment AnalysisMexico Solar Thermal Collectors Market by Type• Concentrating solar thermal collectors in Mexico are advancing through utility-scale power generation initiatives and industrial process heat applications. The government has committed US$800 million for two thermosolar power plants in Baja California Sur utilizing central tower technology with thermal storage, marking the country's first utility-scale CSP deployment. INEEL has developed a pilot parabolic trough collector plant with smart solar tracking systems for industrial heating applications, while UNAM researchers continue work on hybrid CSP projects and solar integration in industrial processes. The La Caridad mine installation employed high-efficiency concentrating collectors from Savosolar for electrolyte heating, achieving an 84% diesel reduction with annual savings exceeding MX$9.5 million.• Non-concentrating collectors constitute the dominant volume segment, encompassing flat plate and evacuated tube collectors for residential water heating, swimming pool heating, and low-temperature industrial applications. The residential sector accounted for 66.4% of newly installed collector area in 2024, with approximately 3.5 million households now equipped with solar water heaters. Swimming pool heating represents 22.7% of installations, concentrated in hotel-rich coastal regions where municipal building permits in states such as Quintana Roo and Jalisco increasingly require solar thermal pre-installation for new hotel construction.

Módulo Solar has developed polymer solar collectors specifically adapted to Mexican household conditions, while Aquasol operates as the largest solar water heater manufacturer in the Americas.Mexico Solar Thermal Collectors Market by Application• Water heating represents the foundational application for solar thermal collectors in Mexico, with approximately 10% of households, totalling 3.5 million homes, now equipped with solar water heating systems. The residential segment dominated 2024 installations at 66.4% of new collector area, driven by rising gas costs and abundant solar resources across most of the country. INFONAVIT's Green Mortgage programme integrates the cost of solar water heating systems into social housing loans, providing a federal-level support mechanism for residential adoption. Mexico City has implemented a solar obligation for new buildings and invested MXN 14.7 million in bringing solar water heating to public hospitals.• Space heating and cooling applications remain nascent in Mexico's predominantly warm climate, though solar-assisted refrigeration for pharmaceutical facilities using parabolic trough collectors has been the subject of technical assessments. The commercial sector is gaining ground with 5% of newly installed collector area in 2024, driven by hotels, hospitals, and sports centres where hot water demand is constant and gas consumption is high. The service sector's growth is expected to continue as businesses seek operational cost reductions and carbon emission decreases through solar thermal integration.• Industrial process heat represents Mexico's most globally significant solar thermal achievement, with 288 solar process heat plants installed since 2017 and more than 200 sizable systems operational across pharmaceutical, food and beverage, and automotive sectors.

Manufacturing globally consumes approximately 74% of its energy as thermal energy for pasteurization, drying, distillation, and steam generation, with more than 90% still powered by fossil fuels. The La Caridad mine project for Grupo México, completed by Flemming Jorgensen with Savosolar collectors, achieved an 84% diesel reduction and over 1,350 tonnes of avoided CO₂ emissions annually.• Swimming pool heating constitutes a significant application at 22.7% of newly installed collector area in 2024, concentrated in hotel-rich coastal regions and affluent residential areas. Municipal building permits in states such as Quintana Roo and Jalisco increasingly require solar thermal pre-installation for new hotel construction as part of sustainability ordinances. The segment serves hotels, resorts, and private residences in warm coastal climates where extending the swimming season through solar heating delivers clear economic returns.• District heating applications remain virtually absent from Mexico's solar thermal landscape, reflecting the country's warm climate and lack of district heating infrastructure in major urban centres. The National Commission for the Efficient Use of Energy has focused its solar thermal programme on domestic water heating, industrial process heat, and agricultural applications rather than district-scale thermal networks. The absence of district heating infrastructure limits the addressable market for large-scale solar thermal deployment, though the technology's potential in high-altitude regions remains theoretically significant.• Power generation through concentrating solar thermal has entered a transformative phase with the government's announcement of two thermosolar power plants in Baja California Sur requiring US$800 million in investment.

The central tower technology with thermal storage tanks will benefit between 100,000 and 200,000 households and represents a new technology deployment for Mexico. INEEL has contributed to CSP advancement through work on solar integration in industrial processes, hybrid CSP projects, and validation of molten salts and phase-change materials to allow operation without direct sunlight.• Other applications including desalination and agricultural drying are gaining traction, with Captasol manufacturing solar dryers for the agricultural sector since 2006. Solar thermal systems for agricultural drying and desalination have been the subject of research and pilot projects, though commercial deployment remains limited. The versatility of solar thermal technology for these niche applications represents an emerging opportunity as technical capacity expands and financing mechanisms mature.Mexico Solar Thermal Collectors Market by End-User• Commercial end-users represent a growing segment, accounting for 5% of newly installed collector area in 2024, driven by hotels, hospitals, swimming pools, and sports centres where hot water demand is constant. The service sector's adoption is motivated by operational cost reduction and carbon emission decrease through solar thermal integration, with municipal building permits in tourist regions increasingly requiring solar thermal pre-installation for new hotel construction. Jalisco's State Energy Plan explicitly highlights support for solar heat solutions in the commercial sector, signalling policy tailwinds for continued growth.• Residential end-users constitute the dominant volume driver, with 66.4% of newly installed collector area in 2024 and approximately 3.5 million households now equipped with solar water heaters.

INFONAVIT's Green Mortgage programme integrates the cost of solar water heating systems into social housing loans, providing a federal-level support mechanism. Mexico City's solar obligation for new buildings and Jalisco's State Energy Plan further support residential adoption, though growth at 6% annually significantly trails photovoltaic's 20% expansion.• Industrial end-users represent Mexico's most globally significant solar thermal segment, with 288 solar process heat plants installed since 2017 and more than 200 sizable systems operational. Sectors including pharmaceutical, food and beverage, automotive, and mining have adopted solar thermal for pasteurization, drying, distillation, steam generation, and electrolyte heating. The La Caridad mine project for Grupo México achieved an 84% diesel reduction and annual savings exceeding MX$9.5 million, demonstrating the compelling economics of solar thermal in remote industrial operations.• Utility end-users are poised for transformative engagement through the government's US$800 million investment in two thermosolar power plants in Baja California Sur. The CFE will construct the central tower facilities with thermal storage to benefit between 100,000 and 200,000 households, representing Mexico's first utility-scale CSP deployment. INEEL's pilot parabolic trough collector plant and validation of molten salts and phase-change materials support the technical foundation for utility-scale deployment.

The utility segment's emergence signals a strategic shift toward dispatchable renewable generation as Mexico seeks to diversify its energy mix beyond intermittent photovoltaic and wind resources. Considered in this report• Historic Year: 2020• Base year: 2025• Estimated year: 2026• Forecast year: 2031Aspects covered in this report• Solar Thermal Collectors Market with its value and forecast along with its segments• Various drivers and challenges• On-going trends and developments• Top profiled companies• Strategic recommendationBy Type• Concentrating• Non-ConcentratingBy Application• Water Heating• Space Heating & Cooling• Industrial Process Heat• Swimming Pool Heating• District Heating• Power Generation• Other Applications(Desalination, Agricultural/Drying applications)By End-User• Commercial• Residential• Industrial• Utility.

Table of Contents

  • Table 1: Influencing Factors for Solar Thermal Collectors Market, 2025
  • Table 2: Mexico Solar Thermal Collectors Market Size and Forecast, By Type (2020 to 2031F) (In USD Million)
  • Table 3: Mexico Solar Thermal Collectors Market Size and Forecast, By Application (2020 to 2031F) (In USD Million)
  • Table 4: Mexico Solar Thermal Collectors Market Size and Forecast, By End-user (2020 to 2031F) (In USD Million)
  • Table 5: Mexico Solar Thermal Collectors Market Size and Forecast, By Region (2020 to 2031F) (In USD Million)
  • Table 6: Mexico Solar Thermal Collectors Market Size of Concentrating (2020 to 2031) in USD Million
  • Table 7: Mexico Solar Thermal Collectors Market Size of Non-Concentrating (2020 to 2031) in USD Million
  • Table 8: Mexico Solar Thermal Collectors Market Size of Water Heating (2020 to 2031) in USD Million
  • Table 9: Mexico Solar Thermal Collectors Market Size of Space Heating & Cooling (2020 to 2031) in USD Million
  • Table 10: Mexico Solar Thermal Collectors Market Size of Industrial Process Heat (2020 to 2031) in USD Million
  • Table 11: Mexico Solar Thermal Collectors Market Size of Swimming Pool Heating (2020 to 2031) in USD Million
  • Table 12: Mexico Solar Thermal Collectors Market Size of District Heating (2020 to 2031) in USD Million
  • Table 13: Mexico Solar Thermal Collectors Market Size of Power Generation (2020 to 2031) in USD Million
  • Table 14: Mexico Solar Thermal Collectors Market Size of Others (2020 to 2031) in USD Million
  • Table 15: Mexico Solar Thermal Collectors Market Size of Commercial (2020 to 2031) in USD Million
  • Table 16: Mexico Solar Thermal Collectors Market Size of Residential (2020 to 2031) in USD Million
  • Table 17: Mexico Solar Thermal Collectors Market Size of Industrial (2020 to 2031) in USD Million
  • Table 18: Mexico Solar Thermal Collectors Market Size of Utility (2020 to 2031) in USD Million
  • Table 19: Mexico Solar Thermal Collectors Market Size of North (2020 to 2031) in USD Million
  • Table 20: Mexico Solar Thermal Collectors Market Size of East (2020 to 2031) in USD Million
  • Table 21: Mexico Solar Thermal Collectors Market Size of West (2020 to 2031) in USD Million
  • Table 22: Mexico Solar Thermal Collectors Market Size of South (2020 to 2031) in USD Million

  • Figure 1: Mexico Solar Thermal Collectors Market Size By Value (2020, 2025 & 2031F) (in USD Million)
  • Figure 2: Market Attractiveness Index, By Type
  • Figure 3: Market Attractiveness Index, By Application
  • Figure 4: Market Attractiveness Index, By End-user
  • Figure 5: Market Attractiveness Index, By Region
  • Figure 6: Porter's Five Forces of Mexico Solar Thermal Collectors Market

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