Take Up Global Concentrating Solar Power Market Opportunities with Clear Industry Data – Includes Concentrating Solar Power Market Share
The Business Research Company’s report goes into great detail on the concentrating solar power market size and growth, concentrating solar power market regional analysis, concentrating solar power market competitive landscape, and other critical information needed to excel in the concentrating solar power industry.
Major players in the concentrating solar power market include Abengoa S.A., BrightSource Energy Inc., ACWA Power, Aalborg CSP A/S, SolarReserve, Atlantica Sustainable Infrastructure plc, GE Renewable Energy, TSK Flagsol Engineering GmbH, Enel Green Power Corporation, Acciona S.A., Frenell GmbH, Suntrace GmbH, Torresol Energy, Trivelli Energia SRL, Grün Leben GmbH, and Soltigua S.r.l.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global concentrating solar power market size is expected to grow from $4.74 billion in 2021 to $5.38 billion in 2022 at a compound annual growth rate (CAGR) of 13.6%. The concentrating solar power market is expected to grow to $8.93 billion in 2026 at a CAGR of 13.5%.
North America was the largest region in the concentrating solar power market in 2021.
The concentrating solar power market consists of sales of the concentrating solar power (CSP) technologies by entities (organizations, sole traders, partnerships) that employ mirrors to focus the sun’s energy, which is then used to power traditional steam turbines or engines to generate electricity. Thermal energy concentrated in a CSP plant collects solar radiation using reflecting or transmissive optical elements that focus the radiation to a focal point where it is directly transformed into thermal or electrical energy and is used to deliver heat for industries like water desalination, enhanced oil recovery, food processing, among others.
Growing demand for renewable energy is driving the growth of the concentrating solar power market.
Technological advancement is a key trend in the concentrated solar power market. Companies are investing in developing new technologies to increase the energy generation capacity.
TBRC’s global concentrating solar power market report is segmented:
By Technology: Parabolic Trough, Solar Power Tower, Fresnel Reflectors, Dish Stirling
By Capacity: = 50 MW, >50 MW to = 100 MW, >100 MW
By Heat Transfer Fluid: Molten Salt, Water-Based, Oil-Based, Others
By Storage: With Storage, Without Storage
By Application: Utility, EOR, Desalination, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Concentrating Solar Power Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the concentrating solar power market globally and regionally, analyzes and forecasts market size, share, concentrating solar power market players, concentrating solar power market segments, leading competitor revenues, profiles and market shares.
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