Global Concentrated Solar Thermal Power Generation System Market Growth (Status and Outlook) 2025-2031

The global Concentrated Solar Thermal Power Generation System market size is predicted to grow from US$ 511 million in 2025 to US$ 998 million in 2031; it is expected to grow at a CAGR of 11.8% from 2025 to 2031.

China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.215 GW.

LPI (LP Information)' newest research report, the “Concentrated Solar Thermal Power Generation System Industry Forecast” looks at past sales and reviews total world Concentrated Solar Thermal Power Generation System sales in 2024, providing a comprehensive analysis by region and market sector of projected Concentrated Solar Thermal Power Generation System sales for 2025 through 2031. With Concentrated Solar Thermal Power Generation System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Concentrated Solar Thermal Power Generation System industry.

This Insight Report provides a comprehensive analysis of the global Concentrated Solar Thermal Power Generation System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Concentrated Solar Thermal Power Generation System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Concentrated Solar Thermal Power Generation System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Concentrated Solar Thermal Power Generation System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Concentrated Solar Thermal Power Generation System.

This report presents a comprehensive overview, market shares, and growth opportunities of Concentrated Solar Thermal Power Generation System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Linear Fresnel Reflector System
Parabolic Trough System

Segmentation by Application:
Energy Industry
Power Industry
Environmental Protection Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abengoa
Acciona
Orano
BrightSource Energy
Directed Vapor
GE Energy
Hitachi
SCHOTT
SEIA
Siemens

Please note: The report will take approximately 2 business days to prepare and deliver.