Concentrated Solar Power Market

Concentrated Solar Power Market, By Technology (Parabolic Trough, Solar Power Trough, Fresnel Reflectors, Dish Stirling), By End User Industry (Residential, Commercial, Industrial), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Systems produce solar energy by focusing a lot of sunlight into a receiver using mirrors or lenses. When concentrated light is transformed into heat (solar thermal energy), which powers a heat engine typically a steam turbine connected to an electrical power generator, electricity is produced. or initiates a thermochemical reaction.

Market Overview

CSP is a solar power generation technique that uses mirrors to reflect and concentrate sunlight onto receivers. The technique is gaining traction in the global market for concentrating solar power. CSP technology could capture solar energy, transform it into thermal energy for power generation, and then store it to provide electricity as needed. As a result, CSP systems could be employed as a flexible electricity provider or as a base load source of electricity.

Key features of the study:
  • This report provides in-depth analysis of the global concentrated solar power market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global concentrated solar power market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Siemens AG, Genarl Electric, Abengoa, Acciona S.A., Atlantica Yield plc., Suntrace GmbH, BrightSource Energy, Inc., SolarReserve, LLC., ACWA Power, Frenell GmbH
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global concentrated solar power market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global concentrated solar power market
Detailed Segmentation:
  • Global Concentrated Solar Power Market, By Technology
  • Parabolic Trough
  • Solar Power Trough
  • Fresnel Reflectors
  • Dish Stirling
  • Global Concentrated Solar Power Market, By End User Industry
  • Residential
  • Commercial
  • Industrial
  • Global Concentrated Solar Power Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Company Profiles
  • Siemens AG
  • Genarl Electric
  • Abengoa
  • Acciona S.A.
  • Atlantica Yield plc.
  • Suntrace GmbH
  • BrightSource Energy, Inc.
  • SolarReserve, LLC.
  • ACWA Power
  • Frenell GmbH


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Technology
Market Snippet, By End User industry
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Growth in demand for renewable energy
Huge Investments
Strict government regulations
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Concentrated Solar Power Market– Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Concentrated Solar Power Market, By Technology, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Parabolic Trough
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Solar Power Trough
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Parabolic Trough Fresnel Reflectors
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Dish Stirling
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. Global Concentrated Solar Power Market, By End-user industry, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Residential
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Commercial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Residential Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
7. Global Concentrated Solar Power Market, By Region, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018 –2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End user industry, 2023-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End user industry, 2023-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End user industry, 2023-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End user industry, 2023-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, End user industry, 2023-2030,(US$ Bn)
8. Competitive Landscape
Siemens AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Frenell GmbH
Abengoa
Acciona S.A
Atlantica Yield plc.
Suntrace GmbH
BrightSource Energy, Inc.
SolarReserve, LLC.
ACWA Power
Genarl Electric
Analyst Views
9. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on "Global Concentrated Solar Power Market” - Global forecast to 2030

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