Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market Industry Analysis, Growth, Trends and Forecast – 2028

The Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market size is expected to grow at an annual average of CAGR 22% during the forecast period (2022-2028). Thermal energy storage technology can temporarily store energy for later use in heat, ice, cold air, salt and water. These systems are used to increase the energy efficiency of heating and cooling systems while meeting peak energy requirements. The system provides energy storage by making the energy available when the process is reversed, cooling, vaporizing, heating, melting, or solidifying the material. Molten salt energy storage is used in concentrated solar power systems due to its large storage capacity. A high boiling point along with a low vapor pressure are some of the key features stimulating the adoption of the system.

The following segmentation are covered in this report:

By Application

• Generate Electricity
• Industrial Heating

By Type

• Parabolic Trough Systems
• Power Tower Systems
• Dish/Engine Systems

Company Profile

• BrightSource Energy
• Abengoa
• Areva
• Acciona
• ESolar
• SolarReserve
• Wilson Solarpower
• Novatec
• Shams Power
• ACWA
• SUPCON
• Thai Solar Energy
• Sunhome

Scope of the report

The research study analyses the Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market industry 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

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

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

Key Questions Answered by Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market Report

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