Concentrated Solar Power Market By Manufacturers, By Technology (Parabolic Trough, Solar Tower, Linear Fresnel, Dish/Engine Systems), By End User (Residential, Commercial, Industrial), By Component (Solar Field, Power Block, Thermal Energy Storage System), and By Regions (North America, Europe, Middle East and Africa, Latin America and Asia Pacific) - Global Outlook to 2026
Report ID: 391259 | Feb 2020 | No. of Pages: 120
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Covid-19 Impact Analysis & Forecast
Global Concentrated Solar Power Market is valued USD 4.34 Billion in 2019 and is projected is to exhibit 11.9 % CAGR during the forecast period. The market is projected to be around USD 9.53 Billion by 2026. The market is driven by the rising electricity consumption.
Concentrated solar power systems by using lenses or mirrors concentrate on a large area of sunlight. The concentrated light is converted into heat, and then electricity is generated, which drives a heat engine connected to an electrical power generator or powers a thermochemical reaction.
Concentrated Solar Power Market Dynamics
The factors that responsible for the growth of the concentrated solar power market are such as favourable government initiatives, rising electricity consumption, growing demand for clean energy, declining LCOE. Furthermore, the rise in environmental issues based on carbon emissions results in a focus to decrease air pollution as well as the growing awareness of global warming. This factor is also expected to boost the concentrated solar power market growth.
Growing government support for the adoption of renewable technologies coupled with the rise in energy demand & capability to supply power without CO2 emission drive the growth of the market. At the same time, the high cost incurred during concentrated solar power energy production hamper the market growth during the forecast period. Moreover, the rise in investment from different industries in renewable sources and growth in acceptance of heat storage systems are the factors that represent lucrative opportunities for the market.
Concentrated Solar Power Market Insight
Based on the region, Asia Pacific is expected to dominate the concentrated solar power market, due to lower manufacturing cost of components, and high solar irradiance levels these are the key factors that will help to boost the industry growth. The rise in environmental issues based on carbon emissions among the countries China and India and rising demand for electricity will further stimulate market growth.
Concentrated Solar Power Market Segmentation
The global Concentrated Solar Power Market is segmented into technology, end user, component, and region. On the basis of the technology the market is divided into video parabolic trough, solar tower, linear fresnel, dish/engine systems. Based on end user the market is segmented into residential, commercial, and industrial. On the basis of the component the market is divided into solar field, power block, and thermal energy storage system. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
Concentrated Solar Power Market Competitive Landscape
The key players in Concentrated Solar Power Market are listed as BrightSource Energy, Abengoa Solar, Siemens, Acciona, SolarReserve, Torresol Energy, Trivelli Energia, Abors green GmbH, Parvolen CSP Technologies, Sener, Lointek, Rioglass, and Other.
Concentrated solar power systems by using lenses or mirrors concentrate on a large area of sunlight. The concentrated light is converted into heat, and then electricity is generated, which drives a heat engine connected to an electrical power generator or powers a thermochemical reaction.
Concentrated Solar Power Market Dynamics
The factors that responsible for the growth of the concentrated solar power market are such as favourable government initiatives, rising electricity consumption, growing demand for clean energy, declining LCOE. Furthermore, the rise in environmental issues based on carbon emissions results in a focus to decrease air pollution as well as the growing awareness of global warming. This factor is also expected to boost the concentrated solar power market growth.
Growing government support for the adoption of renewable technologies coupled with the rise in energy demand & capability to supply power without CO2 emission drive the growth of the market. At the same time, the high cost incurred during concentrated solar power energy production hamper the market growth during the forecast period. Moreover, the rise in investment from different industries in renewable sources and growth in acceptance of heat storage systems are the factors that represent lucrative opportunities for the market.
Concentrated Solar Power Market Insight
Based on the region, Asia Pacific is expected to dominate the concentrated solar power market, due to lower manufacturing cost of components, and high solar irradiance levels these are the key factors that will help to boost the industry growth. The rise in environmental issues based on carbon emissions among the countries China and India and rising demand for electricity will further stimulate market growth.
Concentrated Solar Power Market Segmentation
The global Concentrated Solar Power Market is segmented into technology, end user, component, and region. On the basis of the technology the market is divided into video parabolic trough, solar tower, linear fresnel, dish/engine systems. Based on end user the market is segmented into residential, commercial, and industrial. On the basis of the component the market is divided into solar field, power block, and thermal energy storage system. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
Concentrated Solar Power Market Competitive Landscape
The key players in Concentrated Solar Power Market are listed as BrightSource Energy, Abengoa Solar, Siemens, Acciona, SolarReserve, Torresol Energy, Trivelli Energia, Abors green GmbH, Parvolen CSP Technologies, Sener, Lointek, Rioglass, and Other.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. DefinitionChapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & LimitationsChapter 3. Executive SummaryChapter 4. Market Outlook
4.1. Market Dynamics
4.1.1. Market Drivers
4.1.2. Market Restraints
4.1.3. Market Opportunities
4.2. Porter’s Analysis
4.3. Value Chain AnalysisChapter 5. Concentrated Solar Power Market, By Technology
5.1. Concentrated Solar Power Market, By Technology, 2018-2026
5.2. Parabolic Trough
5.3. Solar Tower
5.4. Linear Fresnel
5.5. Dish/Engine SystemsChapter 6. Concentrated Solar Power Market, By End User
6.1. Concentrated Solar Power Market, by End User, 2018-2026
6.2. Residential
6.3. Commercial
6.4. IndustrialChapter 7. Concentrated Solar Power Market, By Component
7.1. Concentrated Solar Power Market, by Component, 2018-2026
7.2. Solar Field
7.3 Power Block
7.4. Thermal Energy Storage SystemChapter 8. Concentrated Solar Power Market, By Region
8.1. Concentrated Solar Power Market, by Region, 2018-2026
8.1.1. North America
8.1.1.1. U.S
8.1.1.2. Rest of North America
8.1.2. Europe
8.1.2.1. U.K.
8.1.2.2. Germany
8.1.2.3. France
8.1.2.4. Rest of the Europe
8.1.3. Middle East & Africa (MEA)
8.1.3.1. GCC
8.1.3.2. North Africa
8.1.3.3. South Africa
8.1.3.4. Rest of MEA
8.1.4. Latin America (LATAM)
8.1.4.1. Brazil
8.1.4.2. Rest of LATAM
8.1.5. Asia Pacific (APAC)
8.1.5.1. India
8.1.5.2. China
8.1.5.3. Japan
8.1.5.4. Rest of the APACChapter 9. Competitive Landscape
9.1.1. Key Strategies Adopted by Players
9.1.2. Market Share/Positioning AnalysisChapter 10. Company Profiles10.1. BrightSource Energy
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives10.2. Abengoa Solar
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives10.3. Siemens
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives10.4. Acciona
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives10.5 SolarReserve
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives10.6. Torresol Energy
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives10.7. Trivelli Energia
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives10.8. Abors green GmbH
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives10.9. Parvolen CSP Technologies
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives10.10. Sener
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives10.11. Lointek
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives10.12. Rioglass
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives10.13. List of other companies
10.13.1. Company Overview
10.13.2. Product Offerings
10.13.3. Financial Performance
10.13.4. Recent InitiativesChapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
1.1. Research Objective
1.2. Scope of the Study
1.3. DefinitionChapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & LimitationsChapter 3. Executive SummaryChapter 4. Market Outlook
4.1. Market Dynamics
4.1.1. Market Drivers
4.1.2. Market Restraints
4.1.3. Market Opportunities
4.2. Porter’s Analysis
4.3. Value Chain AnalysisChapter 5. Concentrated Solar Power Market, By Technology
5.1. Concentrated Solar Power Market, By Technology, 2018-2026
5.2. Parabolic Trough
5.3. Solar Tower
5.4. Linear Fresnel
5.5. Dish/Engine SystemsChapter 6. Concentrated Solar Power Market, By End User
6.1. Concentrated Solar Power Market, by End User, 2018-2026
6.2. Residential
6.3. Commercial
6.4. IndustrialChapter 7. Concentrated Solar Power Market, By Component
7.1. Concentrated Solar Power Market, by Component, 2018-2026
7.2. Solar Field
7.3 Power Block
7.4. Thermal Energy Storage SystemChapter 8. Concentrated Solar Power Market, By Region
8.1. Concentrated Solar Power Market, by Region, 2018-2026
8.1.1. North America
8.1.1.1. U.S
8.1.1.2. Rest of North America
8.1.2. Europe
8.1.2.1. U.K.
8.1.2.2. Germany
8.1.2.3. France
8.1.2.4. Rest of the Europe
8.1.3. Middle East & Africa (MEA)
8.1.3.1. GCC
8.1.3.2. North Africa
8.1.3.3. South Africa
8.1.3.4. Rest of MEA
8.1.4. Latin America (LATAM)
8.1.4.1. Brazil
8.1.4.2. Rest of LATAM
8.1.5. Asia Pacific (APAC)
8.1.5.1. India
8.1.5.2. China
8.1.5.3. Japan
8.1.5.4. Rest of the APACChapter 9. Competitive Landscape
9.1.1. Key Strategies Adopted by Players
9.1.2. Market Share/Positioning AnalysisChapter 10. Company Profiles10.1. BrightSource Energy
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives10.2. Abengoa Solar
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives10.3. Siemens
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives10.4. Acciona
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives10.5 SolarReserve
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives10.6. Torresol Energy
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives10.7. Trivelli Energia
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives10.8. Abors green GmbH
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives10.9. Parvolen CSP Technologies
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives10.10. Sener
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives10.11. Lointek
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives10.12. Rioglass
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives10.13. List of other companies
10.13.1. Company Overview
10.13.2. Product Offerings
10.13.3. Financial Performance
10.13.4. Recent InitiativesChapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
BrightSource Energy
Abengoa Solar
Siemens
Acciona
SolarReserve
Torresol Energy
Trivelli Energia
Abors green GmbH
Parvolen CSP Technologies
Sener
Lointek
Rioglass
Other
Abengoa Solar
Siemens
Acciona
SolarReserve
Torresol Energy
Trivelli Energia
Abors green GmbH
Parvolen CSP Technologies
Sener
Lointek
Rioglass
Other
1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
3. It provides a forward looking perspective on different factors driving or restraining market growth
4. It provides an eight-year forecast assessed on the basis of how the market is expected to grow
5. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segment
6. Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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