Concentrated Solar Power Market Overview

The report is titled as ‘Concentrated Solar Power Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the concentrated solar power market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The concentrated solar power market is expected to grow at a significant rate in the near future.

The global concentrated solar power market in 2020 is accounted for more than US$ 4.3 Bn and expected to reach a value of US$ 14.2 Bn by 2028 with a significant CAGR of 16.1%.

Concentrated Solar Power Market Definition

The advanced and cutting-edge concept of generation of electricity through mirrors to focus on the sun rays to the temperature differing between 400 and 1,000 °C, is known as the concentrated solar power market.

The energy generated from sun rays is then engaged in other several different applications such as heating any kind of liquid, majorly oil and water that conclusively generate hot air or steam. Afterward, the generated steam is employed to drive turbines that are linked to a generator that produces electricity.

The mirrors employed in the concentrated solar power system are in different shapes and sizes and various techniques are used to generate useful energy, although, each technique used works under the common concept of propelling the heat engine to produce electricity which later can be fed into the grid. The concept of concentrated solar power is witnessing significant demand in recent times owing to the growing awareness about the environment all across the world.

Concentrated Solar Power Market Dynamics

In the present-day world, there is huge awareness among the population with regard to a pollution-free environment coupled with numerous initiatives taken by several governments across the world to keep the surroundings green and healthy, which is majorly boosting the growth of the global concentrated solar power market. Concentrated solar power is an environmentally-friendly concept and cuts off the carbon emissions polluting the environment, which is one of the major benefits of the concentrated solar power system.

Therefore, the global concentrated solar power market is projected to witness substantial growth in the forthcoming years. In addition to that, concentrated solar power is an economical source of electricity that assists in deducting the energy bills, thus adding to the stimulating demand for concentrated solar power mechanisms in the global market.

Attributing to this, the global concentrated solar power market is expected to give a breakthrough during the forecast timeframe.

However, the installation of the concentrated solar power may be money exhaustive which is likely to restrict the adoption rate as well as act as a restraining factor for the growth of the concentrated solar power market in the coming years.

Concentrated Solar Power Market Key Players

Some of the key participating players in the concentrated solar power market are:

Abengoa Solar, S.A.

Brightsource Energy, Inc.

ACWA Power

Esolar, Inc.

Solarreserve, LLC

Aalborg CSP A/S.

TSK Flagsol Engineering GmbH

Alsolen

Archimede Solar Energy

Acciona Energy

Cobra Energia

Frenell GmbH

Nexans

Soltigua

Baysolar CSP

Siemens AG

Solastor

Concentrated Solar Power (CSP) Market Segmentation

The concentrated solar power market is segmented on the basis of technology, component, end-user industry, and region.

By Technology

Parabolic Trough

Power Tower

Linear Fresnel

Dish/Engine System

By Component

Solar Field

Power Block

Thermal Energy Storage System

By End-User Industry

Utilities

Enhanced Oil Recovery

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

MMC Overview on Concentrated Solar Power Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Concentrated Solar Power market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Concentrated Solar Power

•    Advantages of Concentrated Solar Power

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at a regional level and in major countries globally for providing regional insights into the product segment in the report. This helps our clients to make an informed decisions.

A mix of top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment wherein one/two manufacturer(s) dominates the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.

1.    Global Concentrated Solar Power (CSP) Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Concentrated Solar Power (CSP) Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Concentrated Solar Power (CSP) Market Snapshot

2.4.    Global Concentrated Solar Power (CSP) Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Concentrated Solar Power (CSP) Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Concentrated Solar Power (CSP) Market, By Technology

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Technology

3.1.2.    BPS Analysis, By Technology

3.2.    Market Revenue (US$Mn) Forecast, By Technology

3.2.1.    Parabolic Trough

3.2.2.    Power Tower

3.2.3.    Linear Fresnel

3.2.4.    Dish/Engine System

3.3.    Global Concentrated Solar Power (CSP) Market Attractiveness Index, By Technology

4.    Global Concentrated Solar Power (CSP) Market, By Component

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Component

4.1.2.    BPS Analysis, By Component

4.2.    Market Revenue (US$Mn) Forecast, By Component

4.2.1.    Solar Field

4.2.2.    Power Block

4.2.3.    Thermal Energy Storage System

4.3.    Global Concentrated Solar Power (CSP) Market Attractiveness Index, By Component

5.    Global Concentrated Solar Power (CSP) Market, By End User Industry

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By End User Industry

5.1.2.    BPS Analysis, By End User Industry

5.2.    Market Revenue (US$Mn) Forecast, By End User Industry

5.2.1.    Utilities

5.2.2.    Enhanced Oil Recovery

5.2.3.    Others

5.3.    Global Concentrated Solar Power (CSP) Market Attractiveness Index, By End User Industry

6.    Global Concentrated Solar Power (CSP) Market, By Region

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Region

6.1.2.    BPS Analysis, By Region

6.2.    Market Revenue (US$Mn) Forecast, By Region

6.2.1.    North America

6.2.2.    Latin America

6.2.3.    Europe

6.2.4.    Asia Pacific

6.2.5.    Middle East

6.2.6.    Africa

6.3.    Global Concentrated Solar Power (CSP) Market Attractiveness Index, By Region

7.    North America Concentrated Solar Power (CSP) Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market Revenue (US$Mn) Forecast, By Country

7.2.1.    U.S. Concentrated Solar Power (CSP) Market

7.2.2.    Canada Concentrated Solar Power (CSP) Market

7.3.    North America Concentrated Solar Power (CSP) Market, By Technology

7.3.1.    Parabolic Trough

7.3.2.    Power Tower

7.3.3.    Linear Fresnel

7.3.4.    Dish/Engine System

7.4.    North America Concentrated Solar Power (CSP) Market, By Component

7.4.1.    Solar Field

7.4.2.    Power Block

7.4.3.    Thermal Energy Storage System

7.5.    North America Concentrated Solar Power (CSP) Market, By End User Industry

7.5.1.    Utilities

7.5.2.    Enhanced Oil Recovery

7.5.3.    Others

7.6.    North America Concentrated Solar Power (CSP) Market Attractiveness Index

7.6.1.    By Country

7.6.2.    By Technology

7.6.3.    By Component

7.6.4.    By End User Industry

8.    Latin America Concentrated Solar Power (CSP) Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) Forecast, By Country

8.2.1.    Brazil Concentrated Solar Power (CSP) Market

8.2.2.    Mexico Concentrated Solar Power (CSP) Market

8.2.3.    Argentina Concentrated Solar Power (CSP) Market

8.2.4.    Rest of Latin America Concentrated Solar Power (CSP) Market

8.3.    Latin America Concentrated Solar Power (CSP) Market, By Technology

8.3.1.    Parabolic Trough

8.3.2.    Power Tower

8.3.3.    Linear Fresnel

8.3.4.    Dish/Engine System

8.4.    Latin America Concentrated Solar Power (CSP) Market, By Component

8.4.1.    Solar Field

8.4.2.    Power Block

8.4.3.    Thermal Energy Storage System

8.5.    Latin America Concentrated Solar Power (CSP) Market, By End User Industry

8.5.1.    Utilities

8.5.2.    Enhanced Oil Recovery

8.5.3.    Others

8.6.    Latin America Concentrated Solar Power (CSP) Market Attractiveness Index

8.6.1.    By Country

8.6.2.    By Technology

8.6.3.    By Component

8.6.4.    By End User Industry

9.    Europe Concentrated Solar Power (CSP) Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    U.K. Concentrated Solar Power (CSP) Market

9.2.2.    Germany Concentrated Solar Power (CSP) Market

9.2.3.    Italy Concentrated Solar Power (CSP) Market

9.2.4.    France Concentrated Solar Power (CSP) Market

9.2.5.    Spain Concentrated Solar Power (CSP) Market

9.2.6.    Russia Concentrated Solar Power (CSP) Market

9.2.7.    Poland Concentrated Solar Power (CSP) Market

9.2.8.    BENELUX Concentrated Solar Power (CSP) Market

9.2.9.    NORDIC Concentrated Solar Power (CSP) Market

9.2.10.    Rest of Europe Concentrated Solar Power (CSP) Market

9.3.    Europe Concentrated Solar Power (CSP) Market, By Technology

9.3.1.    Parabolic Trough

9.3.2.    Power Tower

9.3.3.    Linear Fresnel

9.3.4.    Dish/Engine System

9.4.    Europe Concentrated Solar Power (CSP) Market, By Component

9.4.1.    Solar Field

9.4.2.    Power Block

9.4.3.    Thermal Energy Storage System

9.5.    Europe Concentrated Solar Power (CSP) Market, By End User Industry

9.5.1.    Utilities

9.5.2.    Enhanced Oil Recovery

9.5.3.    Others

9.6.    Europe Concentrated Solar Power (CSP) Market Attractiveness Index

9.6.1.    By Country

9.6.2.    By Technology

9.6.3.    By Component

9.6.4.    By End User Industry

10.    Asia Pacific Concentrated Solar Power (CSP) Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    China Concentrated Solar Power (CSP) Market

10.2.2.    India Concentrated Solar Power (CSP) Market

10.2.3.    Japan Concentrated Solar Power (CSP) Market

10.2.4.    Australia and New Zealand Concentrated Solar Power (CSP) Market

10.2.5.    South Korea Concentrated Solar Power (CSP) Market

10.2.6.    ASEAN Concentrated Solar Power (CSP) Market

10.2.7.    Rest of Asia Pacific Concentrated Solar Power (CSP) Market

10.3.    Asia Pacific Concentrated Solar Power (CSP) Market, By Technology

10.3.1.    Parabolic Trough

10.3.2.    Power Tower

10.3.3.    Linear Fresnel

10.3.4.    Dish/Engine System

10.4.    Asia Pacific Concentrated Solar Power (CSP) Market, By Component

10.4.1.    Solar Field

10.4.2.    Power Block

10.4.3.    Thermal Energy Storage System

10.5.    Asia Pacific Concentrated Solar Power (CSP) Market, By End User Industry

10.5.1.    Utilities

10.5.2.    Enhanced Oil Recovery

10.5.3.    Others

10.6.    Asia Pacific Concentrated Solar Power (CSP) Market Attractiveness Index

10.6.1.    By Country

10.6.2.    By Technology

10.6.3.    By Component

10.6.4.    By End User Industry

11.    Middle East Concentrated Solar Power (CSP) Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    GCC Countries Concentrated Solar Power (CSP) Market

11.2.2.    Israel Concentrated Solar Power (CSP) Market

11.2.3.    Oman Concentrated Solar Power (CSP) Market

11.2.4.    Rest of Middle East Concentrated Solar Power (CSP) Market

11.3.    Middle East Concentrated Solar Power (CSP) Market, By Technology

11.3.1.    Parabolic Trough

11.3.2.    Power Tower

11.3.3.    Linear Fresnel

11.3.4.    Dish/Engine System

11.4.    Middle East Concentrated Solar Power (CSP) Market, By Component

11.4.1.    Solar Field

11.4.2.    Power Block

11.4.3.    Thermal Energy Storage System

11.5.    Middle East Concentrated Solar Power (CSP) Market, By End User Industry

11.5.1.    Utilities

11.5.2.    Enhanced Oil Recovery

11.5.3.    Others

11.6.    Middle East Concentrated Solar Power (CSP) Market Attractiveness Index

11.6.1.    By Country

11.6.2.    By Technology

11.6.3.    By Component

11.6.4.    By End User Industry

12.    Africa Concentrated Solar Power (CSP) Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    South Africa Concentrated Solar Power (CSP) Market

12.2.2.    Egypt Concentrated Solar Power (CSP) Market

12.2.3.    North Africa Concentrated Solar Power (CSP) Market

12.2.4.    Rest of Africa Concentrated Solar Power (CSP) Market

12.3.    Africa Concentrated Solar Power (CSP) Market, By Technology

12.3.1.    Parabolic Trough

12.3.2.    Power Tower

12.3.3.    Linear Fresnel

12.3.4.    Dish/Engine System

12.4.    Africa Concentrated Solar Power (CSP) Market, By Component

12.4.1.    Solar Field

12.4.2.    Power Block

12.4.3.    Thermal Energy Storage System

12.5.    Africa Concentrated Solar Power (CSP) Market, By End User Industry

12.5.1.    Utilities

12.5.2.    Enhanced Oil Recovery

12.5.3.    Others

12.6.    Africa Concentrated Solar Power (CSP) Market Attractiveness Index

12.6.1.    By Country

12.6.2.    By Technology

12.6.3.    By Component

12.6.4.    By End User Industry

13.    Recommendation

13.1.    Market Strategy

14.    Competitive Landscape

14.1.    Competition Dashboard

14.2.    List and Company Overview of Global Key Players

14.3.    Company Profiles

14.3.1.    Teletrac Navman Group

14.3.1.1.    Company Overview

14.3.1.2.    Financial Overview

14.3.1.3.    Technology Portfolio

14.3.1.4.    Key Developments

14.3.1.5.    Business Strategies

14.3.2.    Omnitracs

14.3.3.    Autotrac

14.3.4.    Fleetmatics

14.3.5.    Masternaut Limited

14.3.6.    Digicore Technologies

14.3.7.    TomTom Telematics BV

14.3.8.    Telogis

14.3.9.    Trimble Inc.

14.3.10.    MiX Telematics

15.    Acronyms