Market Overview:
The global concentrating solar power system market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for clean and renewable energy sources across the globe. In addition, government initiatives and regulations supporting the deployment of solar energy systems are also contributing to the growth of this market. The global concentrating solar power system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into trough parabolic focusing system, solar tower focusing system, disk parabolic focusing system. Trough parabolic focusing systems held a major share in 2017 owing to their low cost and high efficiency as compared to other types of concentrating solar power systems.
Product Definition:
Concentrating Solar Power (CSP) systems use mirrors to focus sunlight on a receiver, which then converts the solar energy into thermal energy. This thermal energy can be used to generate electricity or for other purposes, such as heating water or air.
Trough Parabolic Focusing System:
Trough Parabolic Focusing System, also known asTPF system is a type of concentrating solar power system. It is used to concentrate the sun's rays on a small area for higher energy conversion efficiency. The trough parabolic focusing system consists of two main parts, namely the receiver and the tower. The receiver contains all the equipment that absorbs and stores thermal energy from sunlight into electric energy; whereas,the tower focuses concentrated light on to high-temperature storage medium for later use.
Solar Tower Focusing System:
Solar tower focusing system is a type of concentrating solar power system that uses optics to concentrate sunlight on a small area. The main component in these systems is the tower, which holds the receiver and reflector at its top. As sunlight approaches the tower, it is reflected by mirrors or lenses until it reaches the bottom where it is absorbed by a material such as silicon wafers or molten salt.
Application Insights:
The commercial microgrids segment dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for reliable power supply from data centers, hospitals, hotels and other large scale industrial consumers. Concentrated solar power systems are widely used in commercial microgrids as they provide reliable grid-scale electricity generation capability with a higher energy yield compared to off-grid solutions.
The growing number of military bases across various regions including Asia Pacific, Middle East & Africa is expected to increase the adoption rate of concentrating solar power system at these locations.
Regional Analysis:
Europe accounted for the largest market share of more than 30% in 2017. The presence of favorable government policies and subsidies, along with a high level of awareness among end-users regarding the benefits offered by concentrating solar power systems, are some factors driving regional growth. In addition, countries such as Spain and Italy have a higher penetration rate for CSP projects owing to their geographical location.
The Asia Pacific is expected to emerge as the fastest-growing region over the forecast period owing to increasing governmental support for large scale renewable energy investments in China and India. Furthermore, Japan’s Ministry Of Economy Trade And Industry (METI) has planned several new concentrated solar power projects across different states at an investment cost ranging from USD X million to USD X million each between 2018 and 2021.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting the deployment of CSP systems, including financial incentives and targets
- Reductions in the cost of CSP technology due to technological advances and economies of scale
- Growing interest from commercial and industrial entities in using CSP for process heat or cooling applications
- Expansion of the global solar thermal market into new geographic regions, such as Latin America, Africa, and Asia
Scope Of The Report
Report Attributes
Report Details
Report Title
Concentrating Solar Power Syetem Market Research Report
By Type
Trough Parabolic Focusing System, Solar Tower Focusing System, Disk Parabolic Focusing System
By Application
Commercial Microgrids, Industrial Microgrids, Datacenters, Power Station, Others
By Companies
Qualitas Equity, SUPCON SOLAR, Abengoa, AALBORG CSP, 1414 DEGREES, Azelio, Climate Change Technologies Pty Ltd, Echogen, Highview Power, TEXEL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Concentrating Solar Power Syetem Market Report Segments:
The global Concentrating Solar Power Syetem market is segmented on the basis of:
Types
Trough Parabolic Focusing System, Solar Tower Focusing System, Disk Parabolic Focusing System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Microgrids, Industrial Microgrids, Datacenters, Power Station, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Qualitas Equity
- SUPCON SOLAR
- Abengoa
- AALBORG CSP
- 1414 DEGREES
- Azelio
- Climate Change Technologies Pty Ltd
- Echogen
- Highview Power
- TEXEL
Highlights of The Concentrating Solar Power Syetem Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Trough Parabolic Focusing System
- Solar Tower Focusing System
- Disk Parabolic Focusing System
- By Application:
- Commercial Microgrids
- Industrial Microgrids
- Datacenters
- Power Station
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Concentrating Solar Power Syetem Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Concentrating solar power systems use a large area of the sun's surface to heat water, which then creates steam and electricity.
Some of the major players in the concentrating solar power syetem market are Qualitas Equity, SUPCON SOLAR, Abengoa, AALBORG CSP, 1414 DEGREES, Azelio, Climate Change Technologies Pty Ltd, Echogen, Highview Power, TEXEL.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Concentrating Solar Power Syetem Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Concentrating Solar Power Syetem Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Concentrating Solar Power Syetem Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Concentrating Solar Power Syetem Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Concentrating Solar Power Syetem Market Size & Forecast, 2018-2028
4.5.1 Concentrating Solar Power Syetem Market Size and Y-o-Y Growth
4.5.2 Concentrating Solar Power Syetem Market Absolute $ Opportunity
Chapter 5 Global Concentrating Solar Power Syetem Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Concentrating Solar Power Syetem Market Size Forecast by Type
5.2.1 Trough Parabolic Focusing System
5.2.2 Solar Tower Focusing System
5.2.3 Disk Parabolic Focusing System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Concentrating Solar Power Syetem Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Concentrating Solar Power Syetem Market Size Forecast by Applications
6.2.1 Commercial Microgrids
6.2.2 Industrial Microgrids
6.2.3 Datacenters
6.2.4 Power Station
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Concentrating Solar Power Syetem Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Concentrating Solar Power Syetem Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Concentrating Solar Power Syetem Analysis and Forecast
9.1 Introduction
9.2 North America Concentrating Solar Power Syetem Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Concentrating Solar Power Syetem Market Size Forecast by Type
9.6.1 Trough Parabolic Focusing System
9.6.2 Solar Tower Focusing System
9.6.3 Disk Parabolic Focusing System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Concentrating Solar Power Syetem Market Size Forecast by Applications
9.10.1 Commercial Microgrids
9.10.2 Industrial Microgrids
9.10.3 Datacenters
9.10.4 Power Station
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Concentrating Solar Power Syetem Analysis and Forecast
10.1 Introduction
10.2 Europe Concentrating Solar Power Syetem Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Concentrating Solar Power Syetem Market Size Forecast by Type
10.6.1 Trough Parabolic Focusing System
10.6.2 Solar Tower Focusing System
10.6.3 Disk Parabolic Focusing System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Concentrating Solar Power Syetem Market Size Forecast by Applications
10.10.1 Commercial Microgrids
10.10.2 Industrial Microgrids
10.10.3 Datacenters
10.10.4 Power Station
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Concentrating Solar Power Syetem Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Concentrating Solar Power Syetem Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Concentrating Solar Power Syetem Market Size Forecast by Type
11.6.1 Trough Parabolic Focusing System
11.6.2 Solar Tower Focusing System
11.6.3 Disk Parabolic Focusing System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Concentrating Solar Power Syetem Market Size Forecast by Applications
11.10.1 Commercial Microgrids
11.10.2 Industrial Microgrids
11.10.3 Datacenters
11.10.4 Power Station
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Concentrating Solar Power Syetem Analysis and Forecast
12.1 Introduction
12.2 Latin America Concentrating Solar Power Syetem Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Concentrating Solar Power Syetem Market Size Forecast by Type
12.6.1 Trough Parabolic Focusing System
12.6.2 Solar Tower Focusing System
12.6.3 Disk Parabolic Focusing System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Concentrating Solar Power Syetem Market Size Forecast by Applications
12.10.1 Commercial Microgrids
12.10.2 Industrial Microgrids
12.10.3 Datacenters
12.10.4 Power Station
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Concentrating Solar Power Syetem Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Concentrating Solar Power Syetem Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Concentrating Solar Power Syetem Market Size Forecast by Type
13.6.1 Trough Parabolic Focusing System
13.6.2 Solar Tower Focusing System
13.6.3 Disk Parabolic Focusing System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Concentrating Solar Power Syetem Market Size Forecast by Applications
13.10.1 Commercial Microgrids
13.10.2 Industrial Microgrids
13.10.3 Datacenters
13.10.4 Power Station
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Concentrating Solar Power Syetem Market: Competitive Dashboard
14.2 Global Concentrating Solar Power Syetem Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Qualitas Equity
14.3.2 SUPCON SOLAR
14.3.3 Abengoa
14.3.4 AALBORG CSP
14.3.5 1414 DEGREES
14.3.6 Azelio
14.3.7 Climate Change Technologies Pty Ltd
14.3.8 Echogen
14.3.9 Highview Power
14.3.10 TEXEL
