Concentrating Solar Power Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Technology (Parabolic Trough, Linear Fresnel, Power Tower and Dish/Engine System), By Component (Power Block, Solar Field and Thermal Energy Storage System), By End-User (Utilities, Enhanced Oil Recovery and Others) and By Region

  • Industry : Power
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Summary

Report Description

The global concentrating solar power market is projected to register growth at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the strict government regulations to control the increasing carbon footprint. Concentrating solar power involves the application of mirrors to concentrate sunlight, which can be later converted into heat and produce steam to drive turbine. Growing environmental concerns and rising electricity consumption has led to an increased need for finding alternative energy sources. Thus, rising government initiatives to incentivize various types of renewable energy sources such as solar, wind, hydroelectric, etc. in the form of tax credits, grants, loan programs to encourage projects and developers for maturity of renewable energy technologies on a commercial scale are likely to boost the global concentrating solar power market. Major industry players and researchers are working on to bring more advanced coating for receivers, which could reduce the amount of light reflected away and enhance the heat transfer capability with minimum losses. Moreover, greater adoption of concentrated solar power across different countries to reduce the cost of CSP systems and achieve green energy targets are expected to contribute to the growth of the global concentrating solar power market in the coming years.

The global concentrating solar power market is segmented on the basis of technology, component, end-user, and region. Based on technology, the market is segmented into parabolic trough, linear fresnel, power tower and dish/engine system. The parabolic trough system is expected to dominate the global concentrating solar power market it is one of the most advanced technologies compared to its counterparts. Geographically, the Middle East & Africa region is anticipated to lead the global concentrating solar power market during 2023-2027, owing to government initiatives towards grid scale renewable power generation. Moreover, substantial reduction in the component costs along with supportive government incentives like energy certificates and carbon credits will further boost the concentrated solar power market over the forecast period.


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Some of the leading players in the global concentrating solar power market are Solarreserve LLC, Abengoa Solar S.A., Brightsource Energy, Inc, TSK Flagsol Engineering GmbH, Frenell GmbH, Alsolen, Nexans, Siemens AG, Solastor, Nexans, ACWA Power, etc.


Attribute

Details

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends

Segments covered

·         By Technology

·         By Component

·         By End-User

Region scope

Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa

Country scope

China; India; Japan; South Korea; Australia; Singapore; Malaysia; France; Germany; United Kingdom; Italy; Spain; United States; Mexico; Canada; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE; Qatar

Key companies profiled

Solarreserve LLC, Abengoa Solar S.A., Brightsource Energy, Inc, TSK Flagsol Engineering GmbH, Frenell GmbH, Alsolen, Nexans, Siemens AG, Solastor, Nexans, ACWA Power

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the global concentrating solar power market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Concentrating Solar Power Market, By Technology:
    • Parabolic Trough
    • Linear Fresnel
    • Power Tower
    • Dish/Engine System
  • Concentrating Solar Power Market, By Component:
    • Power Block
    • Solar Field
    • Thermal Energy Storage System
  • Concentrating Solar Power Market, By End-User:
    • Utilities
    • Enhanced Oil Recovery
    • Others
  • Concentrating Solar Power Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global concentrating solar power market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Concentrating Solar Power Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Product Awareness

5.2.  Brand Recall

5.3.  Product Pricing

5.4.  After Sales Service

5.5.  Challenges & Unmet Needs

6.    Global Concentrating Solar Power Market Overview 

7.    Global Concentrating Solar Power Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Technology (Parabolic Trough, Linear Fresnel, Power Tower and Dish/Engine System)

7.2.2.     By Component (Power Block, Solar Field and Thermal Energy Storage System)

7.2.3.     By End-User (Utilities, Enhanced Oil Recovery and Others)

7.2.4.     By Region

7.3.  Market Attractiveness Index

8.    Asia-Pacific Concentrating Solar Power Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Technology

8.2.2.     By End-Users

8.2.3.     By Country

8.3.  Market Attractiveness Index

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Concentrating Solar Power Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Technology

8.4.1.3.         Market Attractiveness Index

8.4.2.     India Concentrating Solar Power Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Technology

8.4.2.3.         Market Attractiveness Index

8.4.3.     Japan Concentrating Solar Power Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Technology

8.4.3.3.         Market Attractiveness Index

8.4.4.     South Korea Concentrating Solar Power Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Technology

8.4.4.3.         Market Attractiveness Index

8.4.5.     Australia Concentrating Solar Power Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Technology

8.4.5.3.         Market Attractiveness Index

8.4.6.     Singapore Concentrating Solar Power Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Technology

8.4.6.3.         Market Attractiveness Index

8.4.7.     Malaysia Concentrating Solar Power Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By Technology

8.4.7.3.         Market Attractiveness Index

9.    Europe & CIS Concentrating Solar Power Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Technology

9.2.2.     By End-Users

9.2.3.     By Country

9.3.  Market Attractiveness Index

9.4.  Europe: Country Analysis

9.4.1.     France Concentrating Solar Power Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Technology

9.4.1.3.         Market Attractiveness Index

9.4.2.     Germany Concentrating Solar Power Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Technology

9.4.2.3.         Market Attractiveness Index

9.4.3.     United Kingdom Concentrating Solar Power Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Technology

9.4.3.3.         Market Attractiveness Index

9.4.4.     Italy Concentrating Solar Power Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Technology

9.4.4.3.         Market Attractiveness Index

9.4.5.     Spain Concentrating Solar Power Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Technology

9.4.5.3.         Market Attractiveness Index

10.  North America Concentrating Solar Power Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Technology

10.2.2.  By End-Users

10.2.3.  By Country

10.3.              Market Attractiveness Index

10.4.              North America: Country Analysis

10.4.1.  United States Concentrating Solar Power Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Technology

10.4.1.3.      Market Attractiveness Index

10.4.2.  Mexico Concentrating Solar Power Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Technology

10.4.2.3.      Market Attractiveness Index

10.4.3.  Canada Concentrating Solar Power Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Technology

10.4.3.3.      Market Attractiveness Index

11.  South America Concentrating Solar Power Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Technology

11.2.2.  By End-Users

11.2.3.  By Country

11.3.              Market Attractiveness Index

11.3.1.  Brazil Concentrating Solar Power Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Technology

11.3.1.3.      Market Attractiveness Index

11.3.2.  Argentina Concentrating Solar Power Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Technology

11.3.2.3.      Market Attractiveness Index

11.3.3.  Colombia Concentrating Solar Power Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Technology

11.3.3.3.      Market Attractiveness Index

12.  Middle East and Africa Concentrating Solar Power Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value

12.2.              Market Share & Forecast

12.2.1.  By Technology

12.2.2.  By End-Users

12.2.3.  By Country

12.3.              Market Attractiveness Index

12.4.              MEA: Country Analysis

12.4.1.  South Africa Concentrating Solar Power Market Outlook

12.4.1.1.      Market Size & Forecast

12.4.1.1.1.           By Value

12.4.1.2.      Market Share & Forecast

12.4.1.2.1.           By Technology

12.4.1.3.      Market Attractiveness Index

12.4.2.  Saudi Arabia Concentrating Solar Power Market Outlook

12.4.2.1.      Market Size & Forecast

12.4.2.1.1.           By Value

12.4.2.2.      Market Share & Forecast

12.4.2.2.1.           By Technology

12.4.2.3.      Market Attractiveness Index

12.4.3.  UAE Concentrating Solar Power Market Outlook

12.4.3.1.      Market Size & Forecast

12.4.3.1.1.           By Value

12.4.3.2.      Market Share & Forecast

12.4.3.2.1.           By Technology

12.4.3.3.      Market Attractiveness Index

12.4.4.  Qatar Concentrating Solar Power Market Outlook

12.4.4.1.      Market Size & Forecast

12.4.4.1.1.           By Value

12.4.4.2.      Market Share & Forecast

12.4.4.2.1.           By Technology

12.4.4.3.      Market Attractiveness Index

13.  Supply Chain Analysis

14.  Market Dynamics

14.1.              Drivers

14.2.              Challenges

15.  Market Trends & Developments

16.  Policy & Regulatory Landscape

17.  Competitive Landscape

17.1.              Competition Outlook

17.2.              Company Profiles (Top 10 Companies)

17.2.1.  Solarreserve LLC

17.2.2.  Abengoa Solar S.A.

17.2.3.  Brightsource Energy, Inc

17.2.4.  TSK Flagsol Engineering GmbH

17.2.5.  Frenell GmbH

17.2.6.  Alsolen, Nexans

17.2.7.  Siemens AG

17.2.8.  Solastor

17.2.9.  Nexans

17.2.10. ACWA Power

18. Strategic Recommendation

Figures and Tables

Frequently asked questions

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Enhanced focus on developing renewable energy technologies is acting as a major driver in the global concentrating solar power market growth.

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The global concentrating solar power market is segmented into technology, component, end-user, and region.

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Based on region, the Middle East & Africa segment is expected to register the highest growth in the global concentrating solar power market.

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Solarreserve LLC, Abengoa Solar S.A., Brightsource Energy, Inc, TSK Flagsol Engineering GmbH, Frenell GmbH, Alsolen, Nexans, Siemens AG, Solastor, Nexans, ACWA Power are the key players in the global concentrating solar power market.

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