Concentrating solar power plants (CSP) use mirrors to concentrate the sun's energy to drive turbines or engines that create energy. The growing popularity of referable energy sources is one of the major factors supporting the growth of concentrating solar power market. However, technical complexities in concentrating solar power are one of the major challenge faced by the companies operating in the market.
MARKET DYNAMICS
Increasing environmental concerns, growing focus towards green energy, and supportive government regulations are the major factors supporting the growth of the concentrating solar power market. However, the high cost of power generation as compared to other renewable sources might hinder the growth of the concentrating solar power market. Integration of CSP in hybrid power plants creating lucrative business opportunities in the concentrating solar power market.
MARKET SCOPE
The "Global Concentrating Solar Power Market Analysis to 2028" is a specialized and in-depth study of the concentrating solar power market with a special focus on the global market trend analysis. The report aims to provide an overview of concentrating solar power market with detailed market segmentation by technology, operation type, end-user, and geography. The global concentrating solar power market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading concentrating solar power market players and offers key trends and opportunities in the concentrating solar power market.
MARKET SEGMENTATION
The global concentrating solar power market is segmented on the basis of technology, operation type, and end-user. Based on technology, the market is segmented as solar power tower, linear concentrating systems, and stirling dish technology. On the basis of operation type, the market is segmented as stand-alone systems, and with storage. On the basis of end-users, the market is segmented as utilities, EOR, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global concentrating solar power market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The concentrating solar power market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting concentrating solar power market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the concentrating solar power market in these regions.
MARKET PLAYERS
The reports cover key developments in the concentrating solar power market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from concentrating solar power market are anticipated to lucrative growth opportunities in the future with the rising demand for concentrating solar power market. Below mentioned is the list of few companies engaged in the concentrating solar power market.
The report also includes the profiles of key concentrating solar power market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aalborg CSP A/S
- Abengoa.
- Acciona Energ?a, S.A.
- ACWA POWER
- Archimede Solar Energy
- BrightSource Energy, Inc.
- Chiyoda Corporation
- Enel Spa
- FRENELL GMBH
- GENERAL ELECTRIC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.