Global Parabolic Trough CSP Market 2023-2027

Global Parabolic Trough CSP Market 2023-2027

The parabolic trough CSP market is forecasted to grow by USD 786.47 mn during 2022-2027, accelerating at a CAGR of 2.74% during the forecast period. The report on the parabolic trough CSP market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by changes in the energy mix, a rise in investments in renewable energy, and increasing government support for renewable energy.

Technavio's parabolic trough CSP market is segmented as below:

By Capacity

• Less than or equal to 50 MW
• More than 50 MW

By Type

• U-shape
• V-shape

By Geographical Landscape

• Europe
• North America
• APAC
• Middle East and Africa
• South America

This study identifies the solar thermal enhanced oil recovery as one of the prime reasons driving the parabolic trough CSP market growth during the next few years. Also, the growing application of parabolic trough CSP in seawater desalination and growing application of parabolic trough CSP in buildings will lead to sizable demand in the market.

The report on the parabolic trough CSP market covers the following areas:

• Parabolic trough CSP market sizing
• Parabolic trough CSP market forecast
• Parabolic trough CSP market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading parabolic trough CSP market vendors that include Abengoa SA, Absolicon Solar Collector AB, AGC Inc., ALANOD GmbH and Co. KG, Atlantica Sustainable Infrastructure plc, Carl Zeiss Stiftung, Changzhou Longteng Photothermal Technology Co. Ltd., Greenville Energy and Research Inc., Grupo Ibereolica Renovables, HELIOVIS AG, Industrial Fabricators, Jetstream Energy Technologies Inc., Lanzhou Dacheng Technology Co. Ltd., Masdar, Parvolen CSP Technologies, SENER GRUPO DE INGENIERIA SA, Solabolic Gmbh, Solar Dynamics LLC, Solarlite CSP Technology GmbH, and SOLTIGUA SRL. Also, the parabolic trough CSP market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.