Concentrated Photovoltaic (CPV) Consumption Market Trends Analysis Arzon Solar (Amonix) Isofoton S.A. Magpower Semprius Inc. Soitec Solar Junction Silex Suncore Photovoltaic Sunpower Corporation Zytech Solar SolFocus and more

Concentrated Photovoltaic (CPV) is a photovoltaic technology that generates electricity from sunlight. Contrary to conventional photovoltaic systems, it uses lenses and curved mirrors to focus sunlight onto small, but highly efficient, multi-junction (MJ) solar cells. In addition, CPV systems often use solar trackers and sometimes a cooling system to further increase their efficiency. Ongoing research and development is rapidly improving their competitiveness in the utility-scale segment and in areas of high insolation. This sort of solar technology can be thus used in smaller areas.

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Owing to the cost of solar cells steadily are declining, Concentrated Photovoltaic (CPV) is facing great crisis. Because the industry is still in the leading stage of technology, a project need to raise a lot of money, what is more, industry gross margin is smaller. So, after 2013, there are large enterprises choose to close, exit, transfer business from Concentrated Photovoltaic (CPV). However, these players still keeps a very positive wait-and-see attitude towards Concentrated Photovoltaic (CPV).

By comparing the IHS statistics CPV installation data, as well as interviews with the industry experts, we think that there will be a phase of outbreak of growth in Central America, Africa, India, Southeast Asia, etc. in the next few years.

Over the next five years, LPI(LP Information) projects that Concentrated Photovoltaic (CPV) will register a 7.3% CAGR in terms of revenue, reach US$ 970 million by 2023, from US$ 640 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Concentrated Photovoltaic (CPV) market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
LCPV
HCPV
Segmentation by application:
Commercial
Utility-Scale
Others

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This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Arzon Solar (Amonix)
Isofoton S.A.
Magpower
Semprius Inc.
Soitec
Solar Junction
Silex
Suncore Photovoltaic
Sunpower Corporation
Zytech Solar
SolFocus

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