Global Concentrated Solar Power Market Report 2022-2027

Global Concentrated Solar Power Market Research Report 2021-2026

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Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group

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Report Description

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Report Description and Highlights Report Description Global Concentrated Solar Power Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Concentrated Solar Power Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global concentrated solar power market exhibited strong growth during 2015-2020.

Concentrated solar power (CSP) structures generate electricity by using mirrors. These mirrors focus the clean energy obtained from sunlight onto a receiver. The procured heat is channeled through a conventional generator to produce steam and operate a turbine. A CSP plant consists of two devices, amongst which one device converts solar energy into heat and the other converts heat into electricity. It also employs four technological approaches, namely, parabolic trough, linear fresnel, dish, and power tower systems. CSP devices have high storage capacity that enables uninterrupted electricity flow during adverse weather conditions.

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Report Description and Highlights

Report Description

Global Concentrated Solar Power Market Drivers/Constraints: The global CSP market is primarily being driven by rising environmental concerns regarding increasing carbon emissions.

This is further supported by the provision of monetary benefits, such as tax credits, approvals and subsidies, by governments of various nations to promote the adoption of alternative energy sources.

Additionally, the inflating demand for thermal storage systems across CSP power plants, due to their improved capacity utilization factor (CUF) and lower levelized cost of electricity (LCOE), is acting as a growth-inducing factor.

Moreover, rapid technological advancements to improve the heat transfer functionality of these systems are creating a positive outlook for the market across the globe.

Looking forward, the market is expected to grow at a CAGR of around 11.3% during 2021-2026.

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Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Technology: •Parabolic Trough •Linear Fresnel •Dish •Power Tower

Breakup by Application: •Utility •EOR •Desalination •Others

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others) Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc.

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Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • •

Aalborg CSP A/S Abengoa Acciona ACWA Power BrightSource Energy, Inc. Chiyoda Corporation Enel Spa INITEC Energía Siemens Energy (Siemens AG) Soltigua S.r.l

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report:

•How has the global concentrated solar power market performed so far and how will it perform in the coming years?

•What has been the impact of COVID-19 on the global concentrated solar power market?

•What are the key regional markets?

•What is the breakup of the market based on the technology?

•What is the breakup of the market based on the application?

•What are the various stages in the value chain of the industry?

•What are the key driving factors and challenges in the industry?

•What is the structure of the global concentrated solar power market and who are the key players?

•What is the degree of competition in the industry?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description

Table of Contents

5 Global Concentrated Solar Power Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast

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of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

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