Concentrating Solar Power Market by Regional Analysis, Key Players and Forecast 2025
Concentrating solar power (CSP) refers to the solar power generation technology that produces electricity by focusing sunlight on receivers with the help of reflecting mediums. The sunlight is used to heat the receivers to a high temperature. The heat thus collected is first transformed into mechanical energy with the help of Stirling engines or turbines and then to electricity. The concentrating solar power technology is more beneficial than the solar photovoltaic technology, which directly converts sun’s rays into electricity using semiconductor materials.
The CSP technology fares well than the PV technology in terms of higher efficiency, lower cost of investment, and thermal storage capacity than enables the generation of power even after sunset and cloud cover. The technology also features a better capability to operate in a hybrid setup with other fuels to be able to effectively supply power during nights.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1991
Global Concentrating Solar Power Market: Drivers and Restraints
In the past few years, increased focus on the inclusion of renewable sources in the energy mix of most developing and developed economies has been the key factor to have boosted the overall rate of development in the field of concentrating solar power. Supportive government policies, technology development and the availability of more efficient product designs, fiscal support from governments in developed economies, and purely market-led demand for newer and more sustainable energy resources in developing economies have also collectively driven the market.
In the next few years, the market is expected to exhibit growth at a remarkable pace as a number of factors contribute to the increased need for finding sustainable, environment-neutral, and reliable power production resources. The market is expected to benefit from the constant rise in electricity consumption across the globe, the focus of developing economies on providing universal and continuous access to electricity to remote areas, and stringent emission regulations. However, for commercial-scale production, the requisition of large areas is sometimes a drawback that hinders the adoption of the CSP technology in some regions.
Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1991
Global Concentrating Solar Power Market: Regional Overview
From a geographical perspective, Europe is presently the leading contributor to the global concentrating solar power market owing to the availability of vast subsidies from private and public bodies to encourage the shift from conventional power resources to renewables. North America has also ramped up its solar energy capacity in the past few years and features a conducive growth environment for the concentrating solar power technology, thanks to vast grants from the energy departments of countries such as the U.S.
Global Concentrating Solar Power Market: Market Potential
In the next few years as well, Europe and North America will continue to account for a significant share in the global market for concentrating solar power. Nevertheless, undersupplied and developing regions such as Asia Pacific and Latin America will be the ones to look out for opportunities with strong returns. In contrast to the heavily subsidized markets in North America and Europe, the market in Asia Pacific and Latin America will be driven purely on the basis of the constantly rising market-led energy demand.
Get a discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=1991
Industry analysts estimate that the established and world’s leading renewables market, Europe, will add nearly 109 GW of renewables to its electricity grid by 2020. India, on the other hand, featuring an increasingly developing and rapidly expanding market for renewables, aims to add 140 GW to its energy mix by 2022. This denotes a compelling opportunity for companies in the concentrating solar power market.
Global Concentrating Solar Power Market: Competitive Dynamics
Owing to stiff competition from solar PV systems, which still continue to take a significant chunk of the global solar power industry owing to the vast reduction in their costs over the years, the market for concentrating solar power witnessed few players. The market dynamic is however, changing at a rapid pace and a decent number of companies are entering the global space. Some of the leading players presently operating in the global concentrating solar power market are NextEra Energy Resources, LLC., GDF SUEZ, TSK Flagsol, Ibereolica Group, SCHOTT Solar AG, Solar Millennium AG, Acciona S.A., BrightSource Energy, Inc., SkyFuel, Inc., eSolar, Inc, Areva Solar, and Abengoa Solar, S.A.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth researh of the market, we try to bring about game-changing success for our clients.
Head - Internet Marketing
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Concentrating Solar Power Market by Regional Analysis, Key Players and Forecast 2025 here
News-ID: 686917 • Views: 220
More Releases from TMR Research
Farro Market Scope and Opportunities Analysis 2018 - 2028
Global Farro Market: Overview The demand within the global farro market is rising at a boisterous pace in recent times. Food sciences has become an important area of research, and has generated fresh opportunities for several markets. Young food scientists are making extensive efforts to draw comparisons amongst various types of grains, cereals, and vegetables. The aforementioned factors are suggestive of a boisterous pace of growth within the global farro
Aronia Berries Market 2028 | Mae's Health and Wellness LLC , OPG Medic , Microst …
Global Aronia Berries Market: Overview The global aronia berries market is slated to witness an ascending trajectory of growth in the years to follow. The health benefits of consuming aronia berries is amongst the primary drivers of demand within the global market. Moreover, the awareness of the masses about the nutritional value and healthy appeal of these berries has also aided market growth. Medical experts recommend consumption of aronia berries to
Propolis Market 2028 | Key trends/opportunities/challenges
Propolis Market: An Overview The propolis market is expected to witness robust growth during 2018-2026. Propolis is a drug on the rise for a wide variety of assumed and proven benefits. Propolis embeds a special compound called pinocembrin. This flavonoid works as an antifungal with its anti-inflammatory properties and antimicrobial properties. The medicine is widely used for its ability to help heal major wounds. Studies continue to support the use of
Grain Processing Equipment Market 2028 | Osaw Agro Industries Private Limited, G …
Global Grain Processing Equipment Market: Overview The demand within the global grain processing equipment market is rising alongside advancements in the field of food sciences. Processing of grains is an important consideration for healthcare experts and dietitians. The nutritional value of grains largely depends on their level of processing, and this factor has played an integral role in market growth. Food scientists emphasize on the need for granular processing of grains
More Releases for Solar
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market 2018-2025 : Canadian Solar, First Solar, Jinko Solar, Sha …
Researchmoz added Most up-to-date research on "2018-2025 Solar PV Module Report on Global and United States Market,Status and Forecast,by Players,Types and Applications" to its huge collection of research reports. Summary This report studies the Solar PV Module market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Solar
Global Solar Photovoltaic Installations Market 2017: Key Players – BENQ Solar, …
Summary WiseGuyReports.com adds “Solar Photovoltaic Installations Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database. This report provides in depth study of “Solar Photovoltaic Installations market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Solar Photovoltaic Installations Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Global Solar Cell (Photovoltaic) Equipment Market 2017 : Trina Solar, Canadian S …
Market Research Explore : The report 2017 Global Solar Cell (Photovoltaic) Equipment Market mainly highlights thoughtful facts and intelligence of Solar Cell (Photovoltaic) Equipment market in conjunction with prevailing and future market trends throughout the forecast period from 2017 to 2022. It additionally executes the great study of price, current geographical zones, technology, demand-supply and therefore the consequences it might wear the market growth of Solar Cell (Photovoltaic) Equipment trade. Do
Solar Panel Market 2017 - Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyo …
The Global Solar Panel Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Solar Panel industry. First, "Global Solar Panel Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Solar Panel industry chain structure. Major Companies Covered in this report:- Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL
Global Solar Cells and Modules Market 2016 - Hanwha, First Solar, SunPower, Elke …
This report mainly covers the following Segment regions including (the separated region report can also be offered) North America Europe Japan China Southeast Asia India Request for sample report at http://www.fiormarkets.com/report-detail/2073/request-sample The players list (Partly, Players you are interested in can also be added) Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL System Integration Yingli Shunfeng ReneSola Risen Chint Group Hareonsolar Eging PV CSUN BYD HT-SAAE With 24 top producers. Data including (both global and regions): Market Size (both volume - K Units and value - million USD), Market Share, Production