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Global Concentrated Solar Power Market 2018-2022

Global Concentrated Solar Power Market 2018-2022

About Concentrated Solar Power

Concentrated solar panel, based on technology can be segmented into parabolic trough collector and solar tower. The parabolic trough collector segment accounted for the maximum share of the concentrated solar power market during 2017. According to our analysts, this segment will continue to contribute to the maximum share of this market during the forecast period as well. The increased usage of concentrated solar power systems will be a major factor driving the market’s growth prospects in EMEA.

Technavio’s analysts forecast the global concentrated solar power market to grow at a CAGR of 18.65% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global concentrated solar power market for 2018-2022. To calculate the market size, the report considers the revenue generated from the concentrated solar power.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Concentrated Solar Power Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Abengoa
  • ACCIONA
  • ACS Group
  • SENER group
  • SolarReserve
Market driver
  • Demand for thermal energy storage to increase the operational time of concentrated solar power
  • For a full, detailed list, view our report
Market trend
  • Introduction of hybrid concentrated solar power plants
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Concentrated Solar Power Market 2018-2022

Technavio recognizes the following companies as the key players in the global concentrated solar power market: Abengoa, ACCIONA, ACS Group, SENER group, and SolarReserve.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is introduction of hybrid concentrated solar power plants. The increase in the hybrid concentrated solar power plants is mainly to allow concentrated solar power plants to offer baseload electricity. In addition, hybrid concentrated solar power plants are also looking at adding fossil fuel power plants to cater to the peak power load necessities and operate in lower costs compared to conventional solar power steam generation technologies.”

According to the report, one of the major drivers for this market is demand for thermal energy storage to increase the operational time of concentrated solar power. The concentrated solar power plants can only generate power during the sunrise and sunset times. The introduction of thermal energy storage technology allows storage of the thermal energy it collects from these concentrated solar power plants and uses it to generate power when the sun is down, providing increased assistance in raising the operational time of the concentrated solar power plants. For instance, SolarReserve is one of the key companies that has adopted the solar thermal storage technology.

Companies Mentioned

Abengoa, ACCIONA, ACS Group, SENER group, and SolarReserve.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Global solar energy market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global concentrated solar power market - Market size and forecast 2017-2022 ($ billions)
      • Table Global concentrated solar power market - Year-over-year growth 2018-2022 (%)
      • Table Global concentrated solar power market - Market size and forecast (optimistic scenario) 2017-2022 (MW)
      • Table Global concentrated solar power market - Market size and forecast (pessimistic scenario) 2017-2022 (MW)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by technology
    • Segmentation by technology
      • Table Technology - Market share 2017-2022 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Parabolic trough collector - Market size and forecast 2017-2022
      • Table Global concentrated solar power market by parabolic trough collector - Market size and forecast 2017-2022 ($ billions)
      • Table Global concentrated solar power market by parabolic trough collector - Year-over-year growth 2018-2022 (%)
    • Solar tower - Market size and forecast 2017-2022
      • Table Global concentrated solar power market by solar tower - Market size and forecast 2017- 2022 ($ billions)
      • Table Global concentrated solar power market by solar tower - Year-over-year growth 2018- 2022 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Regional - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table Concentrated solar power market in EMEA - Market size and forecast 2017-2022 ($ billions)
      • Table Concentrated solar power market in EMEA - Year-over-year growth 2018-2022 (%)
      • Table Concentrated solar power targets by various countries in EMEA
    • Americas - Market size and forecast 2017-2022
      • Table Concentrated solar power market in the Americas - Market size and forecast 2017-2022 ($ billions)
      • Table Concentrated solar power market in the Americas - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table Concentrated solar power market in APAC - Market size and forecast 2017-2022 ($ billions)
      • Table Concentrated solar power market in APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Indexed investment in global renewable energy 2006-2016 (%)
    • Market challenges
      • Table Energy consumption from major renewable sources in the US 2010-2016 (trillion Btu)
      • Table Global crude oil prices 2011-2016 ($/bbl)
  • Market trends
    • Hybrid concentrated solar power plants
    • Emergence of smart cities
    • Reduction in concentrated solar power system cost
      • Table Indexed LCOE cost of concentrated solar power 2010-2020
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Abengoa
      • Table Abengoa overview
      • Table Abengoa - Business segments
      • Table Abengoa - Organizational developments
      • Table Abengoa - Geographic focus
      • Table Abengoa - Segment focus
      • Table Abengoa - Key offerings
    • ACCIONA
      • Table ACCIONA overview
      • Table ACCIONA - Business segments
      • Table ACCIONA - Organizational developments
      • Table ACCIONA - Geographic focus
      • Table ACCIONA - Segment focus
      • Table ACCIONA - Key offerings
    • ACS Group
      • Table ACS Group overview
      • Table ACS Group - Business segments
      • Table ACS Group - Organizational developments
      • Table ACS Group - Geographic focus
      • Table ACS Group - Segment focus
      • Table ACS Group - Key offerings
    • SENER group
      • Table SENER group overview
      • Table SENER group - Business segments
      • Table SENER group - Organizational developments
      • Table SENER group - Geographic focus
      • Table SENER group - Segment focus
      • Table SENER group - Key offerings
    • SolarReserve
      • Table SolarReserve overview
      • Table SolarReserve - Business segments
      • Table SolarReserve - Organizational developments
      • Table SolarReserve - Geographic focus
      • Table SolarReserve - Segment focus
      • Table SolarReserve - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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