Concentrated Solar Power Market Overview:
The Concentrated Solar Power Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Concentrated Solar Power Market, as well as the causes for variances in the industry’s growth in various places.
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Concentrated Solar Power Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Concentrated Solar Power Market Drivers:
The growing government support and initiatives for the adoption of renewable technology, along with an increase in energy consumption and the capacity to deliver power without emitting CO2 are driving the concentrated solar power market growth across the globe. In addition, the growing environmental concerns related to carbon emissions lead to a greater focus on reducing air pollution and raising awareness of global warming leading to rising adoption of CSP installations across the commercial, industrial, and utility-scale applications are boosting the CSP market growth across the globe.
The global installed capacity of concentrated solar power was 5.50 GW with 2.5 GW under construction and 1.5 GW in development in 2019. The average cost of installing CSP systems in 2020 was US$ 4725 per kilowatt installed. According to IEA, from 2020 to 2030, average annual generation growth of 31% is required to achieve Net Zero power generation of 204 TWh from CSP. CSP installations are currently not aligned with the Net Zero Scenario, as this translates to 6.7 GW of new capacity every year. The factors such as the lowering cost of CSP components across the globe are expected to drive the concentrated solar power market during the forecast period.
Concentrated Solar Power Market Segmentation:
by Technology
• Parabolic Trough
• Linear Fresnel
• Power Tower
• Dish/Engine System
by Component
• Power Block
• Solar Field
• Thermal Energy Storage System
by Application
• Utilities
• Enhanced Oil Recovery
• Desalination
• Others
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Concentrated Solar Power Market Key Players: The key players are
• Esolar, Inc.
• Frenell Gmbh
• Nexans
• Siemens Ag
• Solar Reserve
• Ibereolica Group
• Solastor
• Soltigua
• Engie
• Aalborg Csp A/S
• Abengoa Solar, S.A.
• Acwa Power
• Alsolen
• Archimedes Solar Energy
• Baysolar Csp
• Brightsource Energy, Inc.
• Cobra Energia
• SCHOTT Solar AG
• Solar Millennium AG
• Acciona
• BrightSource Energy Inc.
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Concentrated Solar Power Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Concentrated Solar Power Market Table of Content:
Part 01: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Part 02: Scope of the Report
Part 03: Global Concentrated Solar Power Market Landscape
Part 04: Global Concentrated Solar Power Market Sizing
Part 05: Global Concentrated Solar Power Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Questions Answered in the Concentrated Solar Power Market Report are:
Which sub-segment had the largest share in the Concentrated Solar Power Market?
How is the competitive landscape of the Concentrated Solar Power Market in 2023?
Which are the key drivers impacting the Concentrated Solar Power Market growth?
Which region holds the maximum share in the Concentrated Solar Power Market?
What will be the CAGR of the Concentrated Solar Power Market during the forecast period (2023-2029)?
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