The report "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", The
concentrating solar power market is projected to reach USD 10.96 billion by
2021, growing at a CAGR of 10.3% from 2016 to 2021. Concentrating solar power
are used in residential, commercial, and industrial. Growing environmental
concerns over carbon emissions and efforts to reduce air pollution, policy
support from governments to enable adoption of renewable technologies and
dispatchability of power. On the other hand, higher initial investment and
higher payback time period are the major restraints of the global concentrating
solar power market.
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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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in-depth TOC on "Concentrating Solar Power
Market"
88 - Tables
56 - Figures
131 - Pages
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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.
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The report’s target
audience includes:
·
Concentrating solar power solution providers
·
CSP component manufacturers
·
Thermal Energy storage manufacturers
·
Regional renewable energy associations
·
Government organizations and research
institutions
·
Consulting companies in the energy & solar
sector
·
Solar and wind energy associations
·
Environmental associations
·
Investment banks
Market Ecosystem
The ecosystem of the global concentrating solar power market starts with suppliers of basic
components/equipment such as reflectors/mirrors, receivers/engines, power
block, and miscellaneous parts. The manufactured parts or sub-assemblies are
then assembled by the EPC contractors authorized by the project developers to
form a complete CSP plant. The top players in the industry market their
products through self-operated sales offices located near target markets, while
regional players rely on distribution partnerships to access diverse markets.
Some of the major players in the concentrating solar power market are Abengoa
Solar (Spain), Aalborg CSP (Denmark), ACWA Power (Saudi Arabia), BrightSource
Energy, Inc. (U.S) and eSolar Inc (U.S), among others.
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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
