Concentrating Solar Power Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, and Forecast to 2027

The Concentrated Solar Power market size was valued at USD 6.08 billion in 2020 and is expected to reach USD 12.9 billion by 2028, growing at a CAGR of 9% from 2021 to 2027.

Growing concerns about the hydrate footprint in the industry and increasing energy demands in the industry are driving the market for concentrating solar power. Additionally, government approvals and subsidies for projects are driving the growth of the solar concentrating market.

Concentrating Solar Power Market- Segmentation

By Technology

  • Parabolic Trough
  • Power Tower
  • Linear Fresnel
  • Dish

By Application

  • Utility
  • EOR
  • Desalination
  • Others

Key Market players

The major players in the market are Abengoa, BrightSource Energy Inc., Siemens Energy, Acciona, Aalborg CSP, TSK Fl, ACWA POWER, INITEC Energía, Torresol Energy, Enel Spa.

Geographic Coverage

  • North America Market Size and/or Volume
  • Latin America Market Size and/or Volume
  • Europe Market Size and/or Volume
  • Asia-Pacific Market Size and/or Volume
  • Rest of the world Market Size and/or Volume

Recent Developments

  • Market Overview and growth analysis
  • Import and Export Overview
  • Volume Analysis
  • Current Market Trends and Future Outlook
  • Market Opportunistic and Attractive Investment Segment

Key Questions Answered Concentrating Solar Power Market Report

  • What was the Concentrating Solar Power Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
  • What will be the CAGR of Concentrating Solar Power Market during the forecast period (2021-2027)?
  • Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
  • Which manufacturer/vendor/players in the Concentrating Solar Power Market was the market leader in 2018?
  • Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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