Global Concentrated Solar Power (CSP) Market

End User Industry

The end user industries for concentrated solar power can be numerous. All the industries require energy for operations, which can be provided by solar energy. Households can shift from conventional energy to renewable energy sources. Industries like refineries, steel, paper, fabric, automobile, and many others are the potential end users of concentrated solar power.

Market Dynamics

The increase in the population and the industries have adverse effects on the environment, and the non-renewable energy sources. Renewable energy is accepted as the future of the world, and this fact is proving to be inevitable. Even the governments all around the world are supporting the rise in the solar power industry and providing incentives for investors and businesses to set up plants and projects across their respective countries.

Market Segmentation

On the basis of technology, the concentrated solar power market can be divided into Parabolic Trough, Linear Fresnel, Power Tower, and Dish System. The rise in the parabolic trough is predicted to be the maximum in the solar division due to the high efficiency it provides. The dish system is the most recent invention and has already disrupted the concentrated solar power market. This market can also be segmented on the basis of components, in which the market would be divided into Power Block, Solar Field, and Thermal Storage.

Regional/Geographic Analysis

Asia-Pacific is among the fastest growing regions in the solar power market, as the countries are attracting many foreign investors to set up large-scale projects. Europe is currently the leader in the CSP market, having a high proportion of the global solar power capacity. North America also has a high proportion of solar energy in the energy mix of the region, but the growth rate is comparatively lower than APAC. Africa and the Middle East have a high potential market which is yet to be grabbed by major players.

Opportunities

The unit costs of solar projects around the world are decreasing, which shows the support of the governments and the rapid increase in competition. Local players may enter the market but they would not be able to compete with the giants as they have established the operational efficiency and reduced the costs. The technology associated with solar projects are quickly becoming more efficient and small players would require path-breaking innovation to make it big in this field. Firms also have options of investing into the solar business, which would provide positive returns in the future.

Key Players

The key industrial players in the concentrated solar power market are Areva, eSolar, Acciona, Abengoa, Solar Millenium, Phelan Energy Group, Acme Group, Siemens, GDF Suez, Schott AG and Torresol Energy.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage