Concentrating Solar Power Market by Technology (Parabolic Trough, Power Tower, Linear Fresnel & Dish/Engine system), Components (Solar field, Power Block, and Thermal Storage), End-User (Utilities, EOR & Others ), and Region - Global Forecast to 2021

Published by MarketsandMarkets on 2nd February 2017 | Ref: 190418 | This Product Is In Stock

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$5650 | Single User
$6650 | Multi User
$8150 | Corporate License
$10000 | Enterprise License

Introduction

“The concentrating solar power market is projected to grow at a CAGR of 10.3% from 2016 to 2021”

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 dispatchability 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.

“The power tower segment is expected to grow at the fastest CAGR from 2016 to 2021”

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.

“Middle East & Africa: The largest market for concentrating solar power”

The Middle East & African market is projected to be the largest growing for concentrating solar power installations from 2016 to 2021. The Middle East & African market’s growth is driven by power generation, enhanced oil recovery and desalination industry operations. Morocco, Saudi Arabia, UAE, and Oman are expected to witness significant growth during the forecast period. Morocco is one of the most attractive market for CSP installations and has many CSP projects under development and in the pipeline.

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%

Note: The tier of the companies has been defined on the basis of their total revenue, as of 2015: Tier 1 = >USD 501 million, Tier 2 = From USD 251 million to USD 500 million, and Tier 3 =

The leading players in the concentrating solar power market include Abengoa Solar (Spain), Aalborg CSP (Denmark), ACWA Power (Saudi Arabia), BrightSource Energy, Inc. (U.S) and eSolar Inc (U.S), among others.

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.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall concentrating solar power market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

Why buy this report?

1. The report identifies and addresses key markets for concentrating solar power market, which is useful for suppliers to review the growth in demand for the product.

2. The report helps solution providers to understand the pulse of the market and provides insights on drivers, restraints, and challenges.

3. The report will help key players to better understand the competition’s strategies and will help in making strategic decisions.

Table of Contents

TABLE OF CONTENTS

1 INTRODUCTION 15

1.1 OBJECTIVES OF THE STUDY 15

1.2 MARKET DEFINITION 15

1.3 MARKET SCOPE 15

1.4 CURRENCY 17

1.5 LIMITATIONS 17

1.6 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18

2.1 RESEARCH DATA 18

2.2 MARKET SIZE ESTIMATION 22

2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24

2.4 RESEARCH ASSUMPTIONS 25

3 EXECUTIVE SUMMARY 26

3.1 INTRODUCTION 26

3.2 HISTORICAL BACKDROP AND EVOLUTION 26

3.3 CURRENT SCENARIO 26

3.4 FUTURE OUTLOOK 28

3.5 CONCLUSION 30

4 PREMIUM INSIGHTS 31

4.1 CONCENTRATING SOLAR POWER MARKET, BY TECHNOLOGY 32

4.2 CONCENTRATING SOLAR POWER MARKET, BY COMPONENT 32

4.3 CONCENTRATING SOLAR POWER MARKET, BY END-USER 33

4.4 CONCENTRATING SOLAR POWER MARKET: END-USER VS COMPONENT 34

4.5 THE MIDDLE EAST & AFRICA: THE LARGEST MARKET DURING THE FORECAST PERIOD 35

5 MARKET OVERVIEW 36

5.1 INTRODUCTION 37

5.2 CSP COSTS OVERVIEW 38

5.3 OVERVIEW OF IMPORTANT CSP PROJECTS 39

5.4 CONCENTRATING SOLAR POWER: MARKET SEGMENTATION 40

5.5 MARKET DYNAMICS 41

6 CONCENTRATING SOLAR POWER MARKET, BY TECHNOLOGY 46

6.1 INTRODUCTION 47

6.2 PARABOLIC TROUGH 48

6.3 POWER TOWER 49

6.4 LINEAR FRESNEL 50

6.5 DISH/ENGINE SYSTEM 50

7 CONCENTRATING SOLAR POWER MARKET, BY COMPONENT 52

7.1 INTRODUCTION 53

7.3 SOLAR FIELD 54

7.4 POWER BLOCK 54

7.5 THERMAL ENERGY STORAGE SYSTEM 55

8 CONCENTRATING SOLAR POWER MARKET, BY END-USER 56

8.1 INTRODUCTION 57

8.2 UTILITIES 58

8.3 ENHANCED OIL RECOVERY 59

8.4 OTHERS 60

9 CONCENTRATING SOLAR POWER MARKET, BY REGION 61

9.1 INTRODUCTION 62

9.2 THE MIDDLE EAST & AFRICA 65

9.3 ASIA-PACIFIC 77

9.4 EUROPE 84

9.5 NORTH AMERICA 89

9.6 LATIN AMERICA 92

10 COMPETITIVE LANDSCAPE 96

10.1 OVERVIEW 97

10.2 COMPETITIVE SITUATION & TRENDS 98

11 COMPANY PROFILES 104

(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*

11.1 INTRODUCTION 104

11.2 ABENGOA SOLAR, S.A. 105

11.3 BRIGHTSOURCE ENERGY, INC. 109

11.4 ACWA POWER 112

11.5 ESOLAR, INC. 115

11.6 SOLARRESERVE, LLC 118

11.7 AALBORG CSP A/S. 121

11.8 TSK FLAGSOL ENGINEERING GMBH 123

11.9 ALSOLEN 125

11.10 ARCHIMEDE SOLAR ENERGY 127

11.11 ACCIONA ENERGY 129

11.12 COBRA ENERGIA 131

11.13 FRENELL GMBH 133

11.14 NEXANS 135

11.15 SOLTIGUA 138

11.16 BAYSOLAR CSP 139

11.17 SIEMENS AG 140

11.18 SOLASTOR 143

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View might not be captured in case of unlisted companies.

12 APPENDIX 144

12.1 INSIGHTS OF INDUSTRY EXPERTS 144

12.2 DISCUSSION GUIDE 145

12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 148

12.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 150

12.5 AVAILABLE CUSTOMIZATIONS 151

12.6 RELATED REPORTS 151

12.7 AUTHOR DETAILS 152

Additional Details

Publisher

MarketsandMarkets

Publisher Information

Reference

190418 | EP 4977

Number of Pages

154

Report Format

PDF

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