Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market Growth 2025-2031

The global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market size is predicted to grow from US$ 12420 million in 2025 to US$ 38290 million in 2031; it is expected to grow at a CAGR of 20.6% from 2025 to 2031.

Molten Salt Solar Energy Thermal Storage refers to a kind of thermal energy storage method, which is widely used in the CSP system.

Concentrated Solar Power (CSP) (also called concentrating solar power, concentrated solar thermal, and CSP) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight, or solar thermal energy, onto a small area. Electricity is generated when the concentrated light is converted to heat, which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction.

Abengoa, ESolar and ACWA are the top 3 players of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP), with about 10% market shares. North America and Europe occupied the majority of market share of CSP, and the market share is 25% and 29%.

LP Information, Inc. (LPI) ' newest research report, the “Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Industry Forecast” looks at past sales and reviews total world Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) sales in 2024, providing a comprehensive analysis by region and market sector of projected Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) sales for 2025 through 2031. With Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) industry.

This Insight Report provides a comprehensive analysis of the global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP).

This report presents a comprehensive overview, market shares, and growth opportunities of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Parabolic Trough Systems
Power Tower Systems
Dish/Engine Systems
Others

Segmentation by Application:
Generate Electricity
Industrial Heating
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BrightSource Energy
Abengoa
Areva
Acciona
ESolar
SolarReserve
Wilson Solarpower
Novatec
Shams Power
ACWA
SUPCON
Thai Solar Energy
Sunhome

Key Questions Addressed in this Report

What is the 10-year outlook for the global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market?

What factors are driving Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market opportunities vary by end market size?

How does Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.