Market Opportunity Analysis Engagement for A Concentrating Solar Power Market Helps in Analyzing Pos

Published: Thu Aug 30 2018

The concentrating solar power market is expected to grow at a CAGR of 10.3% from 2016 to 2021, to reach a market size of USD 10.96 billion by 2021. 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 are the major drivers of the concentrating solar power market.

Browse 81 market data tables and 41 figures spread through 152 pages and in-depth TOC on "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"

Early buyers will receive 10% customization on reports.

The concentrating solar power market is dominated by a few global players that have an extensive regional presence and are established brand names. Leading players in the concentrating solar power industry include Abengoa Solar (Spain), Aalborg CSP (Denmark), ACWA Power (Saudi Arabia), BrightSource Energy, Inc. (U.S) and eSolar Inc (U.S), among others.

Download PDF Brochure @

The power tower segment is estimated to be the fastest growing market for concentrating solar power 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.

Utility scale power generation is estimated to be the fastest growing market by end user segment for concentrating solar power during the forecast period. Concentrating solar power are largely applicable for utility scale power generation owing to the ability of dispatchable power potential. Based on end-user, the utilities segment is estimated to be the fastest growing market during the forecast period. Demand for utilities is mainly driven in off grid areas with high solar irradiance in Asia-Pacific and Middle East & African countries.

Make an Inquiry @

The Middle East & African market is projected to be the largest growing for concentrating solar power market 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.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Contact Name: Mr. Shelly Singh
Contact Email:

Visit website »