Global Concentrated Solar Power Market Report By Technology (Parabolic Trough, Linear Fresnel, Dish, Power Tower), By Application Type (Residential, Non-Residential, Utility) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11211673
April 2021
Report Formats:
Global Concentrated Solar Power Market Overview

The key driver impacting the concentrated solar power market is the environmental concerns over carbon emissions and efforts to decrease air pollution by governments worldwide. For instance, In 2016, China - Innovative Financing for Air Pollution Control in Jing-Jin-Ji. It supported China’s efforts to alleviate climate change by minimizing carbon dioxide emissions by 2.5 million tons annually. The program was intended to support the execution of the government’s Air Pollution Control Action Plan and the 13th Five-Year Plan (2016-2020) for clean energy and energy efficiency, focusing on controlling air pollutants at their source by expanding clean energy and improving energy efficiency. In 2004, EPA Launched the SmartWay program. It is a deliberate public-private program: give an inclusive and well-recognized system for documenting, tracking, and sharing information about fuel usage and freight emissions across supply chains. In 2019, the Ministry of Environment, Forest and Climate Change (MoEFCC) began the National Clean Air Programme (NCAP) to set up clean air action plans with an objective to reduce PM2.5 pollution by 20–30% by 2024 as compared to 2017, in 122 cities of India. Moreover, strict government policy to bring under control the mounting carbon footprint and monetary benefits offered to augment the adoption of alternative energy sources contribute to market growth in the forecast period. Whereas with regards to volume,the market was calculated XX Megawatts in 2020 and foreseen to grow with a CAGR of XX% during 2021-2027.
According to Value Market Research, the global Concentrated solar power (CSP) market size was valued at around USD 4750 million in 2020 and is estimated to grow at a CAGR of about 10% during the forecast period 2021 to 2027.

The rising number and growing investments in concentrated solar power projects worldwide are estimated to augment concentrated solar power demand in the forecast period. For instance, In February 2020, the U.S. Department of Energy (DOE) declared around $125.5 million in new funding to progress solar technology research. About $5 million funds are allocated for 15-20 projects that move ahead innovative and novel ideas in PV and CSP that can produce significant results within the first year of performance. Similarly, The CIF (Climate Investment Funds) a global leader in driving funding in CSP. Around $945 million from the CIF’s Clean Technology Fund (CTF) is likely to attract an additional $8.4 billion in co-­financing. This is sustaining early private and public sector CSP projects in South Africa, Chile, and the Middle East and North Africa (MENA) region. The anticipated generation capacity is 1.2 GW, or over one-fourth of the present (2015) global CSP capacity. However, higher cost of generation than other renewable technologies market in the long run. Also, the Technical complexities of the CSP plant are negatively impacting the market. The current industry trends, such as incorporating CSP in hybrid power plants and growing usage of CSP in desalination, and improved oil recovery processes, are expected to provide market players with new market opportunities.

The concentrated solar power market is vast, with many local and global players. The concentrated solar power market is extensive, with many local and international players. The key leaders follow different strategies to advance their market position, such as extending product portfolio, amalgamation, contracts, product upgrades, and acquisitions, to enlarge their market share across the globe. The significant players studied in the report are Abengoa, Siemens Energy, BrightSource Energy, Inc., Acciona, TSK Fl, INITEC Energía, Enel Spa, Grün leben GmbH, Aalborg CSP, ACWA POWER, Torresol Energy, and Trivelli Energia SRL.



In this research report, the concentrated solar power market is segmented by application, technology, and region.

Analysis by Application:
By applications, the report is categorized into utility, EOR, desalination, and others. The utility sector dominates the application segment with over 60% share in 2020. It is due to the favorable government initiatives and regulations on increasing the adoption of renewable energy sources. Moreover, Various financial and economic benefits, including Feed-in Tariffs (FiT) and tax credits, presented by the government authorities considerable savings on electricity bills drive the market demand from the utility sector in the forecast period.

Analysis by Technology:
By technology, the report is categorized into a parabolic trough, linear fresnel, dish, power tower. The parabolic trough dominates the technology segment with over 80% share in 2020. It is due to the high penetration of the design, along with easy installation and convention. Moreover, it is the most common technology used for the solar field. These reflectors track the Sun across the sky for utmost efficiency and contribute to the high demand for parabolic trough technology in the forecast period.

Analysis by Region:
In the regional outlook of the global concentrated solar power market, the Asia Pacific region dominates globally with a 40% market share during the forecast period. It is due to the upsurge in installations of concentrated solar power plants, and rising investments in concentrated solar power projects for alleviating grid locations, and favorable government initiatives and policies by the governments in India, China, Thailand, and Malaysia. Moreover, the growing need to produce constant renewable power energy to hold increasing fiscal activities contributes to its growth across the Asia Pacific.

Market Segmentation covered in the Report:
By Application
  • Utility
  • EOR
  • Desalination
  • Others
 
By Technology
  • Parabolic Trough
  • Linear Fresnel
  • Dish
  • Power Tower

By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.    

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . CONCENTRATED SOLAR POWER – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Application
           3.7.2 By Technology
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL CONCENTRATED SOLAR POWER MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Historical and Forecast Data
       6.3 Analysis by Application
       6.4 Utility Market by Regions
       6.6 EOR Market by Regions
       6.5 Desalination Market by Regions
       6.7 Others Market by Regions
 
7 . GLOBAL CONCENTRATED SOLAR POWER MARKET ANALYSIS BY TECHNOLOGY
       7.1 Overview by Technology
       7.2 Historical and Forecast Data
       7.3 Analysis by Technology
       7.4 Parabolic Trough Market by Regions
       7.5 Linear Fresnel Market by Regions
       7.6 Dish Market by Regions
       7.7 Power Tower Market by Regions
 
8 . GLOBAL CONCENTRATED SOLAR POWER MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE CONCENTRATED SOLAR POWER COMPANIES
       9.1. Concentrated Solar Power Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF CONCENTRATED SOLAR POWER INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Abengoa
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Siemens Energy
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. BrightSource Energy, Inc.
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Acciona
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. TSK Fl
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. INITEC Energía
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. Enel Spa
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. Grün leben GmbH
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
       10.11. Aalborg CSP
           10.11.1. Company Overview
           10.11.2. Financials
           10.11.3. Products
           10.11.4. Recent Developments
       10.12. ACWA POWER
           10.12.1. Company Overview
           10.12.2. Financials
           10.12.3. Products
           10.12.4. Recent Developments
       10.13. Torresol Energy
           10.13.1. Company Overview
           10.13.2. Financials
           10.13.3. Products
           10.13.4. Recent Developments
       10.14. rivelli Energia SRL
           10.14.1. Company Overview
           10.14.2. Financials
           10.14.3. Products
           10.14.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Application (Megawatts and USD MN)
  •  Utility Market by Geography (Megawatts and USD MN)
  •  EOR Market by Geography (Megawatts and USD MN)
  •  Desalination Market by Geography (Megawatts and USD MN)
  •  Others Market by Geography (Megawatts and USD MN)
  •  Analysis Market by Technology (Megawatts and USD MN)
  •  Parabolic Trough Market by Geography (Megawatts and USD MN)
  •  Linear Fresnel Market by Geography (Megawatts and USD MN)
  •  Dish Market by Geography (Megawatts and USD MN)
  •  Power Tower Market by Geography (Megawatts and USD MN)
  •  Global Concentrated Solar Power Market by Geography (Megawatts and USD MN)
  •  North America Market Analysis (Megawatts and USD MN)
  •  United State Market Analysis (Megawatts and USD MN)
  •  Canada Market Analysis (Megawatts and USD MN)
  •  Mexico Market Analysis (Megawatts and USD MN)
  •  Europe Market Analysis (Megawatts and USD MN)
  •  Europe Market Estimate by Country (Megawatts and USD MN)
  •  United Kingdom Market Analysis (Megawatts and USD MN)
  •  France Market Analysis (Megawatts and USD MN)
  •  Germany Market Analysis (Megawatts and USD MN)
  •  Italy Market Analysis (Megawatts and USD MN)
  •  Russia Market Analysis (Megawatts and USD MN)
  •  Spain Market Analysis (Megawatts and USD MN)
  •  Rest of Europe Market Analysis (Megawatts and USD MN)
  •  Asia Pacific Market Analysis (Megawatts and USD MN)
  •  China Market Analysis (Megawatts and USD MN)
  •  Japan Market Analysis (Megawatts and USD MN)
  •  India Market Analysis (Megawatts and USD MN)
  •  South Korea Market Analysis (Megawatts and USD MN)
  •  Australia Market Analysis (Megawatts and USD MN)
  •  Rest of Asia Pacific Market Analysis (Megawatts and USD MN)
  •  Latin America Market Analysis (Megawatts and USD MN)
  •  Brazil Market Analysis (Megawatts and USD MN)
  •  Argentina Market Analysis (Megawatts and USD MN)
  •  Peru Market Analysis (Megawatts and USD MN)
  •  Chile Market Analysis (Megawatts and USD MN)
  •  Rest of Latin America Market Analysis (Megawatts and USD MN)
  •  Middle East & Africa Market Analysis (Megawatts and USD MN)
  •  Saudi Arabia Market Analysis (Megawatts and USD MN)
  •  UAE Market Analysis (Megawatts and USD MN)
  •  Israel Market Analysis (Megawatts and USD MN)
  •  South Africa Market Analysis (Megawatts and USD MN)
  •  Rest of Middle East and Africa Market Analysis (Megawatts and USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
  • Research Scope of Concentrated Solar Power Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Concentrated Solar Power Market Size, by Region (Megawatts and USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Technology
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Application (Megawatts and USD MN)
  •  Utility Market by Geography (Megawatts and USD MN)
  •  EOR Market by Geography (Megawatts and USD MN)
  •  Desalination Market by Geography (Megawatts and USD MN)
  •  Others Market by Geography (Megawatts and USD MN)
  •  Global Market Analysis by Technology (Megawatts and USD MN)
  •  Parabolic Trough Market by Geography (Megawatts and USD MN)
  •  Linear Fresnel Market by Geography (Megawatts and USD MN)
  •  Dish Market by Geography (Megawatts and USD MN)
  •  Power Tower Market by Geography (Megawatts and USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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