Concentrating Solar Power Market Statistics and Facts, Size of the Industry

28/dic/2018 21:02:25 Pradeep Z Contatta l'autore

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Concentrated solar power is a technology that harnesses the sun’s energy potential and provides reliable renewable energy. It produces electricity on demand as well as provides dispatchable source of renewable energy. Concentrating solar power are widely used in residential, commercial, and industrial areas. However, the high cost of electricity generation, the lack of advanced technology higher payback time period are the major restraints of the global concentrating solar power market.  

Segmentation Analysis

The Concentrating Solar Power Market has been segmented based on Product, Application and Region. Based on Application market is segmented into Residential, Commercial, Industrial. Based on Product Solar Power market is segmented into Parabolic trough, Solar Tower, Dish sterling and others. Based on region Concentrating Solar Power Market is segmented into North America, Europe, APAC and (RoW).   

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Global Key Players and Competition Analysis

The major player operating in the market of Global Concentrating Solar Power are Areva Solar, Abengoa Solar S.A., SkyFuel Inc., eSolar Inc., BrightSource Energy Inc., Acciona S.A., SolarReserve LLC, Solar Millennium AG, SCHOTT Solar AG, TSK Flagsol

Regional Analysis

Europe is expected to lead the Concentrating Solar Power Market in terms new projects, number of installation security of supply with an objective to reduce greenhouse gas emission. Moreover, government initiatives towards grid scale renewable power generation act as a primary driver for the growth of market in the Europe.    

Market Scope

Asia Pacific region will grow at good pace during the forecast period because major installations taking place in countries such as China and India. As well as construction of Asia’s largest concentrated solar power plant in the forecasted period pushing the market in this region.

Browse the market data and information spread across 110 pages with 27 data tables and 15 figures of the report “Global Concentrating Solar Power Market Research Report- Forecast 2022” in-depth alongside table of content (TOC) at:

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