Concentrated Solar Power Market
Concentrated Solar Power Market - Global Industry Assessment & Forecast
Segments Covered
- By Technology Solar Power Tower, Linear Concentrating Systems, Stirling Dish Technology
- By Type Stand-Alone Systems, With Storage
- By Capacity Less than 50 MW, 50 MW to 99 MW, 100 MW and above
- By End User Utilities, EOR, Others (Process Heating, etc.)
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 4.37 Billion |
Revenue 2030: | USD 8.82 Billion |
Revenue CAGR (2023 - 2030): | 9.20% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Concentrated Solar Power Market by Technology by Type by Capacity by End User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Concentrated Solar Power in terms of revenue?
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The global Concentrated Solar Power valued at USD 4.37 Billion in 2022 and is expected to reach USD 8.82 Billion in 2030 growing at a CAGR of 9.20%.
Which are the prominent players in the market?
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The prominent players in the market are Abengoa, BrightSource Energy, ACWA Power, Aalborg CSP, SolarReserve, Acciona, Soliterm Group.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 9.20% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Concentrated Solar Power include
- Growing environmental concerns over carbon emissions and efforts to reduce air pollution
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Concentrated Solar Power in 2022.