Concentrated Solar Power Market 2018 Growth Rate by Application, Manufacturers and Forecast by 2025
Concentrated Solar Power Market from Qurate Business Intelligence provides detailed information, in depth analysis and forecast which is developed by team of experts and professionals.
(EMAILWIRE.COM, September 15, 2018 ) The Global Concentrated Solar Power market was valued at USD 4.5 Billion in 2015, and is projected to reach USD 11.2 billion by 2025, growing at a CAGR of 10% over the forecast period.
Key players: Overview of market leaders in concentrated solar power market by top manufacturers/players, with revenue (Billion USD) and market share for each manufacturer/player. The top players including Brightsource Energy, Areva, eSolar, Acciona, Solar Millennium, Abengoa, Solar Reserve, Siemens, GE, Aalborg CSP and ACWA Power. GE Renewable Energy in February 2017 announced to offer equipment for the first commercial integrated solar-wind hybrid power generation project in the industry. It is the 4.6MW community based project in Red Lake Falls, Minnesota, developed by Juhl Energy which uses two 2.3-116 wind turbines from GE Renewable Energys portfolio. Other players are similarly involved in innovations for their strategic growth.
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Growing concerns towards depletion of fossil fuels, stringent government rules and guidelines to control the increasing carbon footprint and the ability of concentrated solar power systems to supply dispatchable power is predicted to drive the growth of the market. Concentrated solar power systems utilizes mirrors to concentrate a large area of sunlight on a small area for generating solar power. When the concentrated light is converted to heat; the heat is then channeled through a conventional generator and electricity is generated.
Concentrating solar power systems can be used for grid-connected applications of up to 100 MW. It is considered as an attractive renewable energy option in the sunbelt regions across the globe, as the amount of power generated by a concentrating solar power plant depends on the amount of direct sunlight collected by the collector panels. With many other options available, such as photovoltaic cells, concentrated solar power system is the cheapest form of solar at utility-scale which is about ten times cheaper than photovoltaic combined with battery for storage.
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The report includes -
Segmentation: Based on technology segment, the report segregates the segment and delivers the revenue, growth rate, and market share, of each type,
Parabolic trough
Solar tower
Linear FRESNEL
Dish/Engine systems
On the basis on the component, this report focuses on the status and outlook for major applications, market share and growth rate for each application, including
Solar field
Power block
Thermal energy storage system
On the basis of end-user, the market has been segmented further, and displays growth rate and market share over the forecast period;
Residential
Commercial & Utilities
Industrial
Enquiry about Report@ www.qurateresearch.com/report/enquiry/EnP/QBI-XPR-EnP-55948
Geographic Segmentation: This report split global market into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with revenue (Billion USD), market share and growth rate of concentrated solar power for these regions, from 2015 to 2025 (forecast)
North America: U.S., Rest of North America
Europe: Germany, France, UK, rest of Europe
Asia Pacific: China, Japan, India and Rest of Asia Pacific
Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
Latin America: Brazil and Rest of Latin America
Key players: Overview of market leaders in concentrated solar power market by top manufacturers/players, with revenue (Billion USD) and market share for each manufacturer/player. The top players including Brightsource Energy, Areva, eSolar, Acciona, Solar Millennium, Abengoa, Solar Reserve, Siemens, GE, Aalborg CSP and ACWA Power. GE Renewable Energy in February 2017 announced to offer equipment for the first commercial integrated solar-wind hybrid power generation project in the industry. It is the 4.6MW community based project in Red Lake Falls, Minnesota, developed by Juhl Energy which uses two 2.3-116 wind turbines from GE Renewable Energys portfolio. Other players are similarly involved in innovations for their strategic growth.
Get Sample Copy of This Report@ www.qurateresearch.com/report/sample/EnP/QBI-XPR-EnP-55948
Growing concerns towards depletion of fossil fuels, stringent government rules and guidelines to control the increasing carbon footprint and the ability of concentrated solar power systems to supply dispatchable power is predicted to drive the growth of the market. Concentrated solar power systems utilizes mirrors to concentrate a large area of sunlight on a small area for generating solar power. When the concentrated light is converted to heat; the heat is then channeled through a conventional generator and electricity is generated.
Concentrating solar power systems can be used for grid-connected applications of up to 100 MW. It is considered as an attractive renewable energy option in the sunbelt regions across the globe, as the amount of power generated by a concentrating solar power plant depends on the amount of direct sunlight collected by the collector panels. With many other options available, such as photovoltaic cells, concentrated solar power system is the cheapest form of solar at utility-scale which is about ten times cheaper than photovoltaic combined with battery for storage.
Buy This Report@ www.qurateresearch.com/report/buy/EnP/QBI-XPR-EnP-55948/ (Priced at USD 4199)
The report includes -
Segmentation: Based on technology segment, the report segregates the segment and delivers the revenue, growth rate, and market share, of each type,
Parabolic trough
Solar tower
Linear FRESNEL
Dish/Engine systems
On the basis on the component, this report focuses on the status and outlook for major applications, market share and growth rate for each application, including
Solar field
Power block
Thermal energy storage system
On the basis of end-user, the market has been segmented further, and displays growth rate and market share over the forecast period;
Residential
Commercial & Utilities
Industrial
Enquiry about Report@ www.qurateresearch.com/report/enquiry/EnP/QBI-XPR-EnP-55948
Geographic Segmentation: This report split global market into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with revenue (Billion USD), market share and growth rate of concentrated solar power for these regions, from 2015 to 2025 (forecast)
North America: U.S., Rest of North America
Europe: Germany, France, UK, rest of Europe
Asia Pacific: China, Japan, India and Rest of Asia Pacific
Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
Latin America: Brazil and Rest of Latin America
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
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Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results