Concentrated Solar Thermal Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global concentrating solar power market size is projected to reach a size of USD 7billion by 2028, at a CAGR of 16%, from an estimated USD 3  billion in 2020. The environmental concerns over carbon emissions and efforts to reduce air pollution, policy support from governments to enable adoption of renewable technologies, and the integrability of CSP systems with thermal storage systems are the key factors driving the concentrating solar power market.

 

Key Players

• Abengoa
• Acciona
• Areva
• BrightSource Energy
• Directed Vapor
• GE Energy

 

By Type

• Parabolic Trough
• Enclosed Trough
• Dish Stirlings
• Concentrating Linear Fresnel Reflector
• Solar Power Tower

 

By Application

• Residential
• Industry
• Other

 

Scope of the Report

The research study analyses the Concentrated Solar Thermal Market from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage 

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

 

 

Key Questions Answered by Concentrated Solar Thermal Market Report

 

• What was the Concentrated Solar Thermal Marketsize in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
• What will be the CAGR of the Concentrated Solar Thermal Marketduring the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Concentrated Solar Thermal Marketwas the market leader in 2021?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.