Concentrating Solar Power Market 2021 Industry Trends and Demands Research Report
Higher initial investment and higher payback time period are expected to slow down the demand for concentrating solar power during the forecast period.
(EMAILWIRE.COM, June 25, 2019 ) The concentrating solar power market is expected to grow from an estimated USD 6.7 Billion in 2016 to USD 10.96 Billion by 2021, registering a CAGR of 10.3% from 2016 to 2021. The global market is witnessing significant growth due to rising environmental concerns over carbon emissions and efforts to reduce air pollution, policy support from governments to enable adoption of renewable technologies.
Browse 88 Market Data Tables and 56 Figures spread through 131 Pages and in-depth TOC on"Concentrating Solar Power Market by Technology (Parabolic Trough, Power Tower, Linear Fresnel & Dish/Engine system), Components (Solar field, Power Block, and Thermal Storage), End-User (Utilities, EOR & Others ), and Region - Global Forecast to 2021"
Parabolic Trough segment is expected to hold the largest share of the concentrating solar power market, by technology, during the forecast period
The parabolic trough segment led the overall concentrating solar power market in 2015. Parabolic trough systems are applicable in all types of end-user industries such as utilities, Enhanced oil recovery, and other end users such as mining and desalination among others. Parabolic trough technology is most commercialized and mature technology in the CSP technology arena.
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Utilities are expected to hold the largest market share of the concentrating solar power market, by end-users, during the forecast period
The utilities segment is expected to hold the largest share in the concentrating solar power market during the forecast period. Utilities sector includes utility scale power generation projects located at islands or on/off-grid areas. Dispatchable power is the key driving factor for CSP that creates huge opportunity for implementing concentrating solar power projects in areas with high solar irradiance.
The Middle East & Africa is the largest market for concentrating solar power
In this report, the concentrating solar power market has been analyzed with respect to five regions, namely, the North America, Europe, Asia-Pacific, South America and the Middle East & Africa. The Middle East & Africa is estimated to be the largest market for concentrating solar power till 2021. Middle East & African countries have high solar irradiance which provides a huge opportunity to implement concentrating solar power at utility scale.
Scope of the Report
By Technology, the Market has been segmented into the following:
Parabolic Trough
Solar Tower
Linear Fresnel
Dish/Engine Systems
By End User, the Market has been segmented into the following:
Residential
Commercial
Industrial
By Component, the Market has been segmented into the following:
Solar Field
Power Block
Thermal Energy Storage System
By Region, the Market has been segmented into the following:
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Request Sample Pages of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=199506567
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the concentrating solar power market. These players include Abengoa Solar (Spain), Aalborg CSP (Denmark), ACWA Power (Saudi Arabia), BrightSource Energy, Inc. (U.S) and eSolar Inc (U.S), among others. Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.
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Browse 88 Market Data Tables and 56 Figures spread through 131 Pages and in-depth TOC on"Concentrating Solar Power Market by Technology (Parabolic Trough, Power Tower, Linear Fresnel & Dish/Engine system), Components (Solar field, Power Block, and Thermal Storage), End-User (Utilities, EOR & Others ), and Region - Global Forecast to 2021"
Parabolic Trough segment is expected to hold the largest share of the concentrating solar power market, by technology, during the forecast period
The parabolic trough segment led the overall concentrating solar power market in 2015. Parabolic trough systems are applicable in all types of end-user industries such as utilities, Enhanced oil recovery, and other end users such as mining and desalination among others. Parabolic trough technology is most commercialized and mature technology in the CSP technology arena.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=199506567
Utilities are expected to hold the largest market share of the concentrating solar power market, by end-users, during the forecast period
The utilities segment is expected to hold the largest share in the concentrating solar power market during the forecast period. Utilities sector includes utility scale power generation projects located at islands or on/off-grid areas. Dispatchable power is the key driving factor for CSP that creates huge opportunity for implementing concentrating solar power projects in areas with high solar irradiance.
The Middle East & Africa is the largest market for concentrating solar power
In this report, the concentrating solar power market has been analyzed with respect to five regions, namely, the North America, Europe, Asia-Pacific, South America and the Middle East & Africa. The Middle East & Africa is estimated to be the largest market for concentrating solar power till 2021. Middle East & African countries have high solar irradiance which provides a huge opportunity to implement concentrating solar power at utility scale.
Scope of the Report
By Technology, the Market has been segmented into the following:
Parabolic Trough
Solar Tower
Linear Fresnel
Dish/Engine Systems
By End User, the Market has been segmented into the following:
Residential
Commercial
Industrial
By Component, the Market has been segmented into the following:
Solar Field
Power Block
Thermal Energy Storage System
By Region, the Market has been segmented into the following:
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Request Sample Pages of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=199506567
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the concentrating solar power market. These players include Abengoa Solar (Spain), Aalborg CSP (Denmark), ACWA Power (Saudi Arabia), BrightSource Energy, Inc. (U.S) and eSolar Inc (U.S), among others. Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.
rkets.com
Browse Related Reports:
Floating Power Plant Market by Power Source (Non-Renewable (Gas Turbines, IC Engines), Renewable (Solar Panels, Solar Floating Structure, Wind Turbines, Wind Substructure)), Capacity, and Region - Global Forecast to 2022
Hybrid Power Solutions Market by System Type (Solar-Diesel, Wind-Diesel, Solar-Wind-Diesel), Power Rating (Upto 10 kW, 11 kW–100 kW, and Above 100 kW), End-User (Residential, Commercial, Telecom), and Region - Global Forecast to 2021
Contact Information:
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Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
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ReportsnReports
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results