Concentrated Solar Power Market Segmentation & Analysis 2019: Progresses, Global Trends, Size, Evolution Rate by 2024
Category: #energy-and-environment  By Rahul Sankrityayan  Date: 2020-02-06
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Concentrated Solar Power Market Segmentation & Analysis 2019: Progresses, Global Trends, Size, Evolution Rate by 2024

Concentrated Solar Power Market report gives attention to market segmentation, market size, and forecast of 2018-2024 to help stakeholders in making a good decision for the future investments. The industry report segmented into types, application, and regions with providing production, revenue, import/export.

To overcome the energy deficiency caused due to the depletion of fossil fuels and reduce GHG emissions, the world is shifting its focus toward renewable energy. This, in turn, will boost concentrated solar power market share noticeably. U.S. concentrated solar power industry generated a revenue of more than USD 12 billion in 2015 and is predicted to record a considerable growth rate the years ahead.

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The attributing factor toward the industry growth is implementation of stringent governmental norms to reduce the carbon content in the environment. In addition, financial support from the government in terms of tax subsidies and tariff will fuel concentrated solar power market trends noticeably.

Technological advancements and huge investments in R&D will remarkably alter the growth curve of concentrated solar power industry over the coming years of 2016 to 2025. Based on technology, power tower will register an annual growth rate of more than 23% over the years ahead, owing to its enhanced performance, low cost, high efficiency, and large capacity. Several companies have invested in this technology subject to its excellent features.

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DLR had a major hand in installing the PS10 solar power tower in Spain (the world’s first commercial concentrated solar power tower plant). Speaking of Spain, in 2013, the country fulfilled more than 3.1% of the electricity demand from photovoltaic plants and 1.8% with concentrated solar power plants. Government encouragement toward the adoption of clean energy will stimulate Spain concentrated solar power market share, which is anticipated to surpass a capacity of 3.5 GW by 2025.

Morocco concentrated solar power industry will collect a revenue of more than USD 5 billion by 2025, mainly driven by the favorable steps taken by the Moroccan Agency for Solar Energy to install a solar power plant of capacity 2 GW.

Partial Table of Contents (ToC) of the report:

Chapter 4 Concentrated Solar Power Market, By Technology

4.1 Concentrated solar power market share by technology, 2018 & 2025

4.2 Parabolic trough

4.2.1 Global CSP market from parabolic trough, 2014 – 2025

4.2.2 Global CSP market from parabolic trough, by region, 2014 - 2025

4.3 Linear fresnel reflector

4.3.1 Global CSP market from linear fresnel reflector, 2014 – 2025

4.3.2 Global CSP market from linear fresnel reflector, by region, 2014 - 2025

4.4 Power tower

4.4.1 Global CSP market from power tower, 2014 – 2025

4.4.2 Global CSP market from power tower, by region, 2014 - 2025

Chapter 5 Concentrated Solar Power Market, By Capacity

5.1 Concentrated solar power market share by capacity, 2018 & 2025

5.2 ≤50 MW

5.2.1 Global CSP market from ≤50 MW, 2014 – 2025

5.2.2 Global CSP market from ≤50 MW, by region, 2014 - 2025

5.3 >50≤100 MW

5.3.1 Global CSP market from >50≤100 MW, 2014 – 2025

5.3.2 Global CSP market from >50≤100 MW, by region, 2014 - 2025

5.4 >100 MW

5.4.1 Global CSP market from >100 MW, 2014 – 2025

5.4.2 Global CSP market from >100 MW, by region, 2014 - 2025

Browse complete table of content of this report @ https://www.decresearch.com/toc/detail/concentrated-solar-power-market

The noteworthy participants in concentrated solar power market are BrightSource Energy, NextEra Energy Resources, Siemens, Areva, Solar Reserve, Solar Millennium, Abengoa, TSK Flagsol, Acciona, and eSolar.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan    

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

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