The global concentrated solar power market is expected to grow from USD 6.89 billion 2017 to USD 15.83 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 12.62%.
“Growing environmental concerns and focus over clean energy revolutionis one of the factors largely attributing to the growth of concentrated solar power market globally”
The factors attributing to the growth of the market are growing environmental concerns and focus over clean energy revolution, support from governments to self-sustaining with solar power, dropping prices solar panels and improving energy storage mechanisms, and application in hybrid power plants. However, some factors such as and more affordable alternative renewable technologies may hinder the market growth. The global concentrated solar power market is expected to showcase the opportunities such as applications in desalination and enhanced oil recovery, and increasing investment in large solar energy projects. In the near future, the market may face the possible challenges in the growth due to limited financial support, and technical challenges. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global concentrated solar power market market.
On the basis of component, the global concentrated solar power market is studied across Power Block, Solar Field, and Thermal Energy Storage System.
On the basis of technology, the global concentrated solar power market is studied across Dish/Engine Systems, Linear Fresnel, Parabolic Trough, and Solar Tower.
On the basis of end user, the global concentrated solar power market is studied across Commercial Offices, Industrial, and Residential.
On the basis of geography, the global concentrated solar power market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“ACWA Power: The potential growing player for the global concentrated solar power market”
The key players profiled in the global concentrated solar power market are ACWA Power, Aalborg CSP A/S., Abengoa Solar, S.A., Acciona Energy, Alsolen, Archimede Solar Energy, Baysolar CSP, Brightsource Energy, Inc., Cobra Energia, Esolar, Inc., Frenell GmbH, Nexans, Siemens AG, Solarreserve, LLC, Solastor, Soltigua, and TSK Flagsol Engineering GmbH.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global concentrated solar power market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global concentrated solar power market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global concentrated solar power market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global concentrated solar power market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global concentrated solar power market.
Summary:
Get latest Market Research Reports on Concentrated Solar Power (CSP) . Industry analysis & Market Report on Concentrated Solar Power (CSP) is a syndicated market report, published as Global Concentrated Solar Power (CSP) Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q3 2018 Update). It is complete Research Study and Industry Analysis of Concentrated Solar Power (CSP) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.