Global Concentrating Solar Power Market Size study & Forecast, by Technology by Operation Type, by Capacity, by End User and Regional Analysis, 2022-2029

Description

List of Tables

Global Concentrating Solar Power Market is valued approximately USD 4.77 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 27% over the forecast period 2022-2029. Mirrors are used to focus the incoming sunlight into a single spot for concentrated solar power. Here, the energy is transformed into heat, which can then be used to generate steam to power a turbine or as process heat in industry. These systems include thermal energy storage capabilities that enable them to produce power even when there is no sunlight or when it is cloudy. For this technology, a number of contemporary devices, including parabolic troughs, Fresnel reflectors, and power towers, are available. The best one can be used based on the circumstances. The Concentrating Solar Power market is expanding because of factors such as growing environmental concerns over carbon emissions and efforts to reduce air pollution, support from governments to enable adoption of renewable technologies, effective integration of CSP systems with thermal storage systems. However, higher cost of generation compared with other renewable technologies may halt market growth.

By 2022, the Indian government wants to install 175 GW of renewable energy capacity, of which 60 GW will come from wind, 10 GW from biopower, 100 GW will come from solar, and 5 GW will come from small hydropower. Similarly, the Spanish government increased its goal for renewable energy to 74% by 2030 and plans to add 157 GW of additional renewable energy capacity. The IEA estimates that CSP generation rose by 34% in 2019. This can be accomplished by sustaining legislative support for CSP projects in the Middle East and Africa, Asia Pacific, and North America. As a result, it is anticipated that more concentrating solar power technologies will be installed, which will spur market expansion. Furthermore, integration of CSP in hybrid power plants and use of CSP in desalination and enhanced oil recovery processes a lucrative market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Concentrating Solar Power Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to growing demand for continuous generation of electricity and increasing support from governments to adopt renewable technologies.

Major market players included in this report are:

General Electronics

Abengoa

BrightSource energy

Acwa power

Glasspoint solar

Enel green power

Solarreserve

Aalborg csp

TSK Flagsol engineering gmbh

Alsolen

Recent Developments in the Market:

In January 2022, Part of the Mohammed bin Rashid Al Maktoum Solar Park mega-project south of Dubai, Abengoa has finished building three 200 MW parabolic trough units. The business managed the technology, design, engineering, and construction of the parabolic trough plants while working under a contract with the phase IV EPC contractor Shanghai Electric Group.
In June 2021, ACWA entered into an offtake agreement with Eskom Holdings SOC Ltd to finance the construction of the biggest concentrated solar power facility in South Africa,. Redstone CSP is anticipated to begin commercial operations in the fourth quarter of 2023 and is planned to have a 100 MW generation capacity. The CSP plant will have a 12-hour thermal energy storage system so that it can supply electricity to about 200,000 houses around-the-clock.
In April 2019, The ASHALIM project, a solar field with 121 MW of power that started operating in 2019, was a collaboration between BrightSource Energy and General Electric. The solar power plant's engineering, procurement, and construction (EPC) was handled by GE, and BrightSource provided the cutting-edge solar field technology.

Global Concentrating Solar Power Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Technology, Operation Type, Capacity, End User, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Solar Powers Towers

Linear Concentrating Systems

Dish Stirling Technology

By Operation Type:

Stand -Alone

Storage

By Capacity:

Less than 50 MW

50 MW to 99 MW

100 MW and Above

By End User:

Utilities

Enhanced Oil Recovery

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Concentrating Solar Power Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Concentrating Solar Power Market, by Technology, 2019-2029 (USD Billion)
- 1.2.3. Concentrating Solar Power Market, by Operation Type, 2019-2029 (USD Billion)
- 1.2.4. Concentrating Solar Power Market, by Capacity, 2019-2029 (USD Billion)
- 1.2.5. Concentrating Solar Power Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Concentrating Solar Power Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Concentrating Solar Power Market Dynamics

3.1. Concentrating Solar Power Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing environmental concerns over carbon emissions and efforts to reduce air pollution
  - 3.1.1.2. Support from governments to enable adoption of renewable technologies
  - 3.1.1.3. Effective integration of CSP systems with thermal storage systems
- 3.1.2. Market Challenges
  - 3.1.2.1. Higher cost of generation compared with other renewable technologies
- 3.1.3. Market Opportunities
  - 3.1.3.1. Integration of CSP in hybrid power plants
  - 3.1.3.2. Use of CSP in desalination and enhanced oil recovery processes

Chapter 4. Global Concentrating Solar Power Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Concentrating Solar Power Market, by Technology

6.1. Market Snapshot
6.2. Global Concentrating Solar Power Market by Technology, Performance - Potential Analysis
6.3. Global Concentrating Solar Power Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
6.4. Concentrating Solar Power Market, Sub Segment Analysis
- 6.4.1. Solar Powers Towers
- 6.4.2. Linear Concentrating Systems
- 6.4.3. Dish Stirling Technology

Chapter 7. Global Concentrating Solar Power Market, by Operation Type

7.1. Market Snapshot
7.2. Global Concentrating Solar Power Market by Operation Type, Performance - Potential Analysis
7.3. Global Concentrating Solar Power Market Estimates & Forecasts by Operation Type 2019-2029 (USD Billion)
7.4. Concentrating Solar Power Market, Sub Segment Analysis
- 7.4.1. Stand -Alone
- 7.4.2. Storage

Chapter 8. Global Concentrating Solar Power Market, by Capacity

8.1. Market Snapshot
8.2. Global Concentrating Solar Power Market by Capacity, Performance - Potential Analysis
8.3. Global Concentrating Solar Power Market Estimates & Forecasts by Capacity 2019-2029 (USD Billion)
8.4. Concentrating Solar Power Market, Sub Segment Analysis
- 8.4.1. Less than 50 MW
- 8.4.2. 50 MW to 99 MW
- 8.4.3. 100 MW and Above

Chapter 9. Global Concentrating Solar Power Market, by End User

9.1. Market Snapshot
9.2. Global Concentrating Solar Power Market by End User, Performance - Potential Analysis
9.3. Global Concentrating Solar Power Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
9.4. Concentrating Solar Power Market, Sub Segment Analysis
- 9.4.1. Utilities
- 9.4.2. Enhanced Oil Recovery
- 9.4.3. Others

Chapter 10. Global Concentrating Solar Power Market, Regional Analysis

10.1. Concentrating Solar Power Market, Regional Market Snapshot
10.2. North America Concentrating Solar Power Market
- 10.2.1. U.S. Concentrating Solar Power Market
  - 10.2.1.1. Technology breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Operation Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Capacity breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. End User breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Concentrating Solar Power Market
10.3. Europe Concentrating Solar Power Market Snapshot
- 10.3.1. U.K. Concentrating Solar Power Market
- 10.3.2. Germany Concentrating Solar Power Market
- 10.3.3. France Concentrating Solar Power Market
- 10.3.4. Spain Concentrating Solar Power Market
- 10.3.5. Italy Concentrating Solar Power Market
- 10.3.6. Rest of Europe Concentrating Solar Power Market
10.4. Asia-Pacific Concentrating Solar Power Market Snapshot
- 10.4.1. China Concentrating Solar Power Market
- 10.4.2. India Concentrating Solar Power Market
- 10.4.3. Japan Concentrating Solar Power Market
- 10.4.4. Australia Concentrating Solar Power Market
- 10.4.5. South Korea Concentrating Solar Power Market
- 10.4.6. Rest of Asia Pacific Concentrating Solar Power Market
10.5. Latin America Concentrating Solar Power Market Snapshot
- 10.5.1. Brazil Concentrating Solar Power Market
- 10.5.2. Mexico Concentrating Solar Power Market
10.6. Rest of The World Concentrating Solar Power Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. General Electronics
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Abengoa
- 11.2.3. BrightSource energy
- 11.2.4. Acwa power
- 11.2.5. Glasspoint solar
- 11.2.6. Enel green power
- 11.2.7. Solarreserve
- 11.2.8. Aalborg csp
- 11.2.9. TSK Flagsol engineering gmbh
- 11.2.10. Alsolen

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Concentrating Solar Power Market, report scope
TABLE 2. Global Concentrating Solar Power Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Concentrating Solar Power Market estimates & forecasts by Technology 2019-2029 (USD Billion)
TABLE 4. Global Concentrating Solar Power Market estimates & forecasts by Operation Type 2019-2029 (USD Billion)
TABLE 5. Global Concentrating Solar Power Market estimates & forecasts by Capacity 2019-2029 (USD Billion)
TABLE 6. Global Concentrating Solar Power Market estimates & forecasts by End User 2019-2029 (USD Billion)
TABLE 7. Global Concentrating Solar Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Concentrating Solar Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Concentrating Solar Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Concentrating Solar Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Concentrating Solar Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Concentrating Solar Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Concentrating Solar Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Concentrating Solar Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Concentrating Solar Power Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Concentrating Solar Power Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Concentrating Solar Power Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Concentrating Solar Power Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Concentrating Solar Power Market
TABLE 72. List of primary sources, used in the study of global Concentrating Solar Power Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Concentrating Solar Power Market, research methodology
FIG 2. Global Concentrating Solar Power Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Concentrating Solar Power Market, key trends 2021
FIG 5. Global Concentrating Solar Power Market, growth prospects 2022-2029
FIG 6. Global Concentrating Solar Power Market, porters 5 force model
FIG 7. Global Concentrating Solar Power Market, pest analysis
FIG 8. Global Concentrating Solar Power Market, value chain analysis
FIG 9. Global Concentrating Solar Power Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Concentrating Solar Power Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Concentrating Solar Power Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Concentrating Solar Power Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Concentrating Solar Power Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Concentrating Solar Power Market, regional snapshot 2019 & 2029
FIG 15. North America Concentrating Solar Power Market 2019 & 2029 (USD Billion)
FIG 16. Europe Concentrating Solar Power Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Concentrating Solar Power Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Concentrating Solar Power Market 2019 & 2029 (USD Billion)
FIG 19. Global Concentrating Solar Power Market, company Market share analysis (2021)