Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global Concentrated Solar Power Market: By Technology: Parabolic Trough, Power Tower, Linear Fresnel, Dish/Engine System; By Component: Solar Field, Power Block, Thermal Energy Storage System; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Concentrated Solar Power Market Outlook
The global concentrated solar power market reached a value of around USD 4120.20 million in 2020 and is expected to grow at a CAGR of 9% during the forecast period of 2021-2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Concentrated solar energy is used in different applications such as heating fluid, primarily water or oil, which in turn generates steam or warm air. The steam generated is used to produce electricity by driving turbines linked to a generator. The increased technological advances are aiding the global concentrated solar power industry. Concentrated solar energy is a carbon-free source of electricity. It is best suited for areas with powerful radiation such as Southern Europe, Northern Africa, the Middle East, South Africa, parts of India, China, Southern America, and Australia.
Properties and Applications
Concentrated solar energy is electricity generation through mirrors to concentrate the sunrays at temperatures ranging from 400 to 1,000 ° C. Based on its technology, the market can be categorised as parabolic trough, power tower, linear Fresnel, and dish/engine system. Based on its end-use, the industry can be segmented into:
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
- Utilities
- Enhanced Oil Recovery
- Others
By components, the industry can be divided into solar field, power block, and thermal energy storage system.
The EMR report looks into the regional concentrated solar power markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
Increased government support for the implementation of renewable technologies combined with increased energy demand and power supply capacity without carbon dioxide gas emissions are driving the growth of the concentrated solar power industry. In addition, the rise in carbon-based environmental issues has led to an increased focus on reducing air pollution and an increase in the awareness regarding global warming. It is also anticipated that this factor will boost the industry growth during the forecast period. However, heavy costs incurred during the production of concentrated solar energy may hamper the market growth in the future.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global concentrated solar power market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Abengoa Solar, S.A.
- Brightsource Energy, Inc.
- ACWA Power
- Esolar, Inc.
- Solarreserve, LLC
- Aalborg CSP A/S.
- TSK Flagsol Engineering GmbH
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Component, End Use, Region |
| Breakup by Technology | Parabolic Trough, Power Tower, Linear Fresnel, Dish/Engine System |
| Breakup by Component | Solar Field, Power Block, Thermal Energy Storage System |
| Breakup by End Use | Utilities, Enhanced Oil Recovery, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Abengoa Solar, S.A., Brightsource Energy, Inc., ACWA Power, Esolar, Inc., Solarreserve, LLC, Aalborg CSP A/S., TSK Flagsol Engineering GmbH, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Concentrated Solar Power Market Analysis
6.1 Global Concentrated Solar Power Market (2016-2020) & Forecast (2021-2026)
6.2 Global Concentrated Solar Power Market Breakup by Technology
6.2.1 Parabolic Trough
6.2.2 Power Tower
6.2.3 Linear Fresnel
6.2.4 Dish/Engine System
6.3 Global Concentrated Solar Power Market Breakup by Technology: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Parabolic Trough
6.3.2 Power Tower
6.3.3 Linear Fresnel
6.3.4 Dish/Engine System
6.4 Global Concentrated Solar Power Market Breakup by Component
6.4.1 Solar Field
6.4.2 Power Block
6.4.3 Thermal Energy Storage System
6.5 Global Concentrated Solar Power Market Breakup by Component: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 Solar Field
6.5.2 Power Block
6.5.3 Thermal Energy Storage System
6.6 Global Concentrated Solar Power Market by End Use
6.6.1 Utilities
6.6.2 Enhanced Oil Recovery
6.6.3 Others
6.7 Global Concentrated Solar Power Market by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 Utilities
6.7.2 Enhanced Oil Recovery
6.7.3 Others
6.8 Global Concentrated Solar Power Market by Region
6.8.1 North America
6.8.1.1 United States of America
6.8.1.2 Canada
6.8.2 Europe
6.8.2.1 Germany
6.8.2.2 United Kingdom
6.8.2.3 France
6.8.2.4 Italy
6.8.2.5 Others
6.8.3 Asia Pacific
6.8.3.1 China
6.8.3.2 Japan
6.8.3.3 India
6.8.3.4 ASEAN
6.8.3.5 Others
6.8.4 Latin America
6.8.4.1 Brazil
6.8.4.2 Argentina
6.8.4.3 Mexico
6.8.6.8 Others
6.8.5 Middle East & Africa
6.8.5.1 Saudi Arabia
6.8.5.2 United Arab Emirates
6.8.5.3 Nigeria
6.8.5.4 South Africa
6.8.5.5 Others
6.9 Global Concentrated Solar Power Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.9.1 North America
6.9.1.1 United States of America
6.9.1.2 Canada
6.9.2 Europe
6.9.2.1 Germany
6.9.2.2 United Kingdom
6.9.2.3 France
6.9.2.4 Italy
6.9.2.5 Others
6.9.3 Asia Pacific
6.9.3.1 China
6.9.3.2 Japan
6.9.3.3 India
6.9.3.4 ASEAN
6.9.3.5 Others
6.9.4 Latin America
6.9.4.1 Brazil
6.9.4.2 Argentina
6.9.4.3 Mexico
6.9.6.9 Others
6.9.5 Middle East & Africa
6.9.5.1 Saudi Arabia
6.9.5.2 United Arab Emirates
6.9.5.3 Nigeria
6.9.5.4 South Africa
6.9.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 Abengoa Solar, S.A.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Brightsource Energy, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 ACWA Power
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Esolar, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Solarreserve, LLC
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Aalborg CSP A/S.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 TSK Flagsol Engineering GmbH
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Others
10 Industry Events and Developments
Key Questions Answered in the Report
In 2020, the global concentrated solar power market attained a value of nearly USD 4120.20 million.
The market is projected to grow at a CAGR of 9% between 2021 and 2026.
The major drivers of the industry, such as the increasing environmental concern, adoption of renewable energy sources, favourable government policies and increased expenditure to promote green energy technologies, and the rising global demand for energy, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing research and development activities and the rapid technological advancements.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Parabolic trough, power tower, linear Fresnel, and dish/engine system are the leading concentrated solar power technologies in the industry.
The significant end use segments of concentrated solar power in the market include utilities and enhanced oil recovery, among others.
The major components of the product in the industry are solar field, power block, and thermal energy storage system.
The major players in the industry are Abengoa Solar, S.A., Brightsource Energy, Inc., ACWA Power, Esolar, Inc., Solarreserve, LLC, Aalborg CSP A/S., and TSK Flagsol Engineering GmbH, among others.
Analyst Review
The global concentrated solar power market attained a value of USD 4120.20 million in 2020, driven by the rising awareness regarding various environment issues including climate change. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 9%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its technology, the concentrated solar power industry can be segmented into parabolic trough, power tower, linear Fresnel, and dish/engine system. On the basis of end uses, the industry is categorised into utilities and enhanced oil recovery segments, among others. By components, the industry is divided into solar field, power block, and thermal energy storage system. The major regional markets for concentrated solar power are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Abengoa Solar, S.A., Brightsource Energy, Inc., ACWA Power, Esolar, Inc., Solarreserve, LLC, Aalborg CSP A/S., TSK Flagsol Engineering GmbH, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global photovoltaic materials market stood at a value of around USD 21.42 billion in 2020. The market is further expected to grow at a CAGR of 14.04% in the forecast period of 2021-2026 to attain ...
The global solar panel cleaning market is driven by the rapid industrialisation and wide adoption of solar power in residential and commercial sectors. Aided by the rapid adoption of solar photovoltai...
The Indian solar electric system and inverter markets are expected to reach volumes of almost 128,423 MW and 26,312 MW by the year 2026, growing at a CAGR of 26.5% and 15% between 2021 and 2026, respe...
The global solar PV inverter market size reached a value of almost USD 7.3 billion in the year 2020. The solar PV inverter industry is further expected to grow at a CAGR of 5% between 2021 and 2026 to...
The global solar energy storage market is being driven by the escalated energy demand globally. The industry is further enhanced by the rising investments in renewable energy sources. China and the Un...
NEWSLETTER