Press release
Concentrating Solar Power Market 2021 : Aalborg CSP, Abengoa Solar, Acciona Energy
Concentrating Solar Power
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The concentrating solar power market is projected to reach USD 10.96 billion by 2021, growing at a CAGR of 10.3% from 2016 to 2021. Concentrating solar power are used in residential, commercial, and industrial. Growing environmental concerns over carbon emissions and efforts to reduce air pollution, policy support from governments to enable adoption of renewable technologies and dispatch ability of power. On the other hand, higher initial investment and higher payback time period are the major restraints of the global concentrating solar power market.
A power tower utilizes many large, sun-tracking mirrors to focus sunlight on a receiver at the top of a tower, a heat transfer fluid in the receiver aids in steam generation generate steam to produce electricity. Parabolic trough segment has maximum market share in total CSP market. The main reason behind maximum share is falling price of solar CSP and at par solar irradiance in Middle East & Africa and Asia-Pacific region.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects. The distribution of primary interviews is as follows:
• By Company Type: Tier 1- 25%, Tier 2- 45%, Tier 3- 30%
• By Designation: C-Level- 45%, D-Level- 35%, Others- 20%
• By Region: Americas- 25%, Europe-10%, Asia-Pacific- 35%,Middle East & Africa- 30%
Research Coverage:
The report provides a picture on the concentrating solar power market across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments, such as system technology, end-user, components, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.
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Key points from table of content:
Company Profiles :
(Overview, Products & Services, Strategies & Insights, Developments)*
• Aalborg CSP
• Abengoa Solar
• Acciona Energy
• ACS Cobra (Cobra Energia).
• ACWA Power
• Alsolen
• Archimede Solar Energy.
• Baysolar CSP Co. Ltd.
• Brightsource Energy, Inc
• Esolar Inc.
• Frennell (Novatec Solar)
• Nexans
• Siemens AG.
• Solarreserve.
• Solastor PTY Ltd
• Soltigua.
• TSK Flagsol.
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