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Global Concentrated Photovoltaic Market Size study, By Product (Reflector, Refractor), By Application (Utility, Commercial), By Concentration Level (High concentration photovoltaic, Low concentration photovoltaic), and Regional Forecasts 2022-2028

  • BIZ4983023
  • 200 Pages
  • June 2022
  • Energy and Power
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Global Concentrated Photovoltaic Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Concentrated Photovoltaic can be defined as a photovoltaic technology that generates electricity from sunlight. Concentrating Photovoltaics (CVP) systems utilizes reflective devices such as troughs or mirror panels to concentrate the sun's energy to produce heat, used to generate electricity. CVP offers various advantages over other systems such as high efficiency, low system cost, and low capital investment among others. The rising global renewable energy market and low-cost and large-scale applications as well as recent installation activities are factors that are accelerating the global market demand. For instance, according to Statista – In 2020, the global market for renewable energy was estimated at USD 613.7 billion, and it is projected to grow to USD 1129.7 billion by end of 2027. Furthermore, Solar Energy Corporation of India Limited(SECI), a public sector undertaking under aegis of the Ministry of New and Renewable Energy, Government of India invited global bids for the installation and setup of a 100 MW (AC) floating solar project at Getalsud Dam in the Ranchi district of Jharkhand State. The terms and conditions would also include ten years of operations and maintenance of the solar plant. Also, growing government policies and initiatives and rising shift towards renewable energy generation are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, availability of substitutes impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Concentrated Photovoltaic Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to growing number of CPV installation and rising technological advancements. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising investment from government towards solar energy generation and increasing penetration of global market players in the region, would create lucrative growth prospects for the Concentrated Photovoltaic Market across the Asia Pacific region.

Major market players included in this report are:

Radical Sun Systems Inc. (U.S.)

SolAero Technologies Corp. (U.S.)

Arzon Solar LLC. (US)

Cool Earth Solar (US)

Morgan Solar Inc. (Canada)

ARIMA Group (Taiwan)

Suncore Photovoltaic Technology Company Limited (China).

Guangdong Redsolar Photovoltaic Technology Co. Ltd (China)

Sumitomo Electric Industries Ltd. (Japan)

Saint-Augustin Canada Electric Inc. (STACE) (Canada)

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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product

Reflector

Refractor

By Application

Utility

Commercial

By Concentration Level

High concentration photovoltaic

Low concentration photovoltaic

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Concentrated Photovoltaic Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Concentrated Photovoltaic Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Concentrated Photovoltaic Market, by Product, 2020-2028 (USD Million)

1.2.3. Global Concentrated Photovoltaic Market, by Application, 2020-2028 (USD Million)

1.2.4. Global Concentrated Photovoltaic Market, by Concentration Level, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Concentrated Photovoltaic 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 Concentrated Photovoltaic Market Dynamics

3.1. Concentrated Photovoltaic Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Rising global renewable energy market.

3.1.1.2. Low-cost and large-scale applications.

3.1.1.3. Recent installation activities.

3.1.2. Market Challenges

3.1.2.1. Availability of substitute.

3.1.3. Market Opportunities

3.1.3.1. Favourable government policies and initiatives.

3.1.3.2. Rising shift towards renewable energy generation.

Chapter 4. Global Concentrated Photovoltaic 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

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Concentrated Photovoltaic Market, by Product

6.1. Market Snapshot

6.2. Global Concentrated Photovoltaic Market by Product, Performance - Potential Analysis

6.3. Global Concentrated Photovoltaic Market Estimates & Forecasts by Product 2018-2028 (USD Million)

6.4. Concentrated Photovoltaic Market, Sub Segment Analysis

6.4.1. Reflector

6.4.2. Refractor

Chapter 7. Global Concentrated Photovoltaic Market, by Application

7.1. Market Snapshot

7.2. Global Concentrated Photovoltaic Market by Application, Performance - Potential Analysis

7.3. Global Concentrated Photovoltaic Market Estimates & Forecasts by Application 2018-2028 (USD Million)

7.4. Concentrated Photovoltaic Market, Sub Segment Analysis

7.4.1. Utility

7.4.2. Commercial

Chapter 8. Global Concentrated Photovoltaic Market, by Concentration Level

8.1. Market Snapshot

8.2. Global Concentrated Photovoltaic Market by Concentration Level, Performance - Potential Analysis

8.3. Global Concentrated Photovoltaic Market Estimates & Forecasts by Concentration Level 2018-2028 (USD Million)

8.4. Concentrated Photovoltaic Market, Sub Segment Analysis

8.4.1. High concentration photovoltaic

8.4.2. Low concentration photovoltaic

Chapter 9. Global Concentrated Photovoltaic Market, Regional Analysis

9.1. Concentrated Photovoltaic Market, Regional Market Snapshot

9.2. North America Concentrated Photovoltaic Market

9.2.1. U.S. Concentrated Photovoltaic Market

9.2.1.1. Product estimates & forecasts, 2018-2028

9.2.1.2. Application estimates & forecasts, 2018-2028

9.2.1.3. Concentration Level estimates & forecasts, 2018-2028

9.2.2. Canada Concentrated Photovoltaic Market

9.3. Europe Concentrated Photovoltaic Market Snapshot

9.3.1. U.K. Concentrated Photovoltaic Market

9.3.2. Germany Concentrated Photovoltaic Market

9.3.3. France Concentrated Photovoltaic Market

9.3.4. Spain Concentrated Photovoltaic Market

9.3.5. Italy Concentrated Photovoltaic Market

9.3.6. Rest of Europe Concentrated Photovoltaic Market

9.4. Asia-Pacific Concentrated Photovoltaic Market Snapshot

9.4.1. China Concentrated Photovoltaic Market

9.4.2. India Concentrated Photovoltaic Market

9.4.3. Japan Concentrated Photovoltaic Market

9.4.4. Australia Concentrated Photovoltaic Market

9.4.5. South Korea Concentrated Photovoltaic Market

9.4.6. Rest of Asia Pacific Concentrated Photovoltaic Market

9.5. Latin America Concentrated Photovoltaic Market Snapshot

9.5.1. Brazil Concentrated Photovoltaic Market

9.5.2. Mexico Concentrated Photovoltaic Market

9.6. Rest of The World Concentrated Photovoltaic Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Radical Sun Systems Inc. (U.S.)

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. SolAero Technologies Corp. (U.S.)

10.2.3. Arzon Solar LLC. (US)

10.2.4. Cool Earth Solar (US)

10.2.5. Morgan Solar Inc. (Canada)

10.2.6. ARIMA Group (Taiwan)

10.2.7. Suncore Photovoltaic Technology Company Limited (China).

10.2.8. Guangdong Redsolar Photovoltaic Technology Co. Ltd (China)

10.2.9. Sumitomo Electric Industries Ltd. (Japan)

10.2.10. Saint-Augustin Canada Electric Inc. (STACE) (Canada)

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Concentrated Photovoltaic Market, report scope

TABLE 2. Global Concentrated Photovoltaic Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Concentrated Photovoltaic Market estimates & forecasts by Product 2018-2028 (USD Million)

TABLE 4. Global Concentrated Photovoltaic Market estimates & forecasts by Application 2018-2028 (USD Million)

TABLE 5. Global Concentrated Photovoltaic Market estimates & forecasts by Concentration Level 2018-2028 (USD Million)

TABLE 6. Global Concentrated Photovoltaic Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Concentrated Photovoltaic Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Concentrated Photovoltaic Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Concentrated Photovoltaic Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Concentrated Photovoltaic Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Concentrated Photovoltaic Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Concentrated Photovoltaic Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Concentrated Photovoltaic Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Concentrated Photovoltaic Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. Global Concentrated Photovoltaic Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 17. U.S. Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. U.S. Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. Canada Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 20. Canada Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. Canada Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. UK Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 23. UK Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. UK Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. Germany Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 26. Germany Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. Germany Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. RoE Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 29. RoE Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. RoE Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. China Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 32. China Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. China Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. India Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 35. India Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. India Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. Japan Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 38. Japan Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. Japan Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. RoAPAC Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 41. RoAPAC Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. RoAPAC Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. Brazil Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 44. Brazil Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Brazil Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Mexico Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 47. Mexico Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. Mexico Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. RoLA Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 50. RoLA Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. RoLA Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. Row Concentrated Photovoltaic Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 53. Row Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. Row Concentrated Photovoltaic Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 55. List of secondary sources, used in the study of global Concentrated Photovoltaic Market

TABLE 56. List of primary sources, used in the study of global Concentrated Photovoltaic Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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