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

  • ID: 4060396
  • Report
  • Region: Global
  • 154 Pages
  • Markets and Markets
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Concentrating Solar Power Market is Projected to Reach USD 10.96 Billion by 2021, Growing at a CAGR of 10.3% from 2016 to 2021

FEATURED COMPANIES

  • Aalborg CSP A/S.
  • Acciona Energy
  • Alsolen
  • Baysolar CSP
  • Cobra Energia
  • Frenell GmbH
  • MORE

"The concentrating solar power market is projected to grow at a CAGR of 10.3% from 2016 to 2021"

The concentrating solar power market is projected to reach USD 10.96 billion by 2021, growing at a CAGR of 10.3% from 2016 to 2021. Concentrating solar power are used in residential, commercial, and industrial. 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. On the other hand, higher initial investment and higher payback time period are the major restraints of the global concentrating solar power market.

"The power tower segment is expected to grow at the fastest CAGR 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.

"Middle East & Africa: The largest market for concentrating solar power"

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

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 25%, Tier 2- 45%, Tier 3- 30%
  • By Designation: C-Level- 45%, D-Level- 35%, Others- 20%
  • By Region: Americas- 25%, Europe- 10%, Asia-Pacific- 35%, Middle East & Africa- 30%

Note: The tier of the companies has been defined on the basis of their total revenue, as of 2015: Tier 1 = >USD 501 million, Tier 2 = From USD 251 million to USD 500 million, and Tier 3 =

The leading players in the concentrating solar power market include Abengoa Solar (Spain), Aalborg CSP (Denmark), ACWA Power (Saudi Arabia), BrightSource Energy, Inc. (U.S) and eSolar Inc (U.S), among others.

Research Coverage:

The report provides a picture on the concentrating solar power market across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments, such as system technology, end-user, components, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall concentrating solar power market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

Why buy this report?

1. The report identifies and addresses key markets for concentrating solar power market, which is useful for suppliers to review the growth in demand for the product.
2. The report helps solution providers to understand the pulse of the market and provides insights on drivers, restraints, and challenges.
3. The report will help key players to better understand the competition’s strategies and will help in making strategic decisions.

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FEATURED COMPANIES

  • Aalborg CSP A/S.
  • Acciona Energy
  • Alsolen
  • Baysolar CSP
  • Cobra Energia
  • Frenell GmbH
  • MORE
1 Introduction

    1.1 Objectives of the Study

    1.2 Market Definition

    1.3 Market Scope

           1.3.1 Markets Covered

           1.3.2 Years Considered for the Study

    1.4 Currency

    1.5 Limitations

    1.6 Stakeholders

2 Research Methodology

    2.1 Research Data

           2.1.1 Secondary Data

                    2.1.1.1 Key Data From Secondary Sources

           2.1.2 Primary Data

                    2.1.2.1 Key Data From Primary Sources

                    2.1.2.2 Breakdown of Primaries

    2.2 Market Size Estimation

    2.3 Market Breakdown & Data Triangulation

    2.4 Research Assumptions

           2.4.1 Assumptions

3 Executive Summary

    3.1 Introduction

    3.2 Historical Backdrop and Evolution

    3.3 Current Scenario

    3.4 Future Outlook

    3.5 Conclusion

4 Premium Insights

    4.1 Concentrating Solar Power Market, By Technology

    4.2 Concentrating Solar Power Market, By Component

    4.3 Concentrating Solar Power Market, By End-User

    4.4 Concentrating Solar Power Market: End-User vs Component

    4.5 The Middle East & Africa: the Largest Market During the Forecast Period

5 Market Overview

    5.1 Introduction

    5.2 CSP Costs Overview

    5.3 Overview of Important CSP Projects

    5.4 Concentrating Solar Power: Market Segmentation

           5.4.1 By Technology

           5.4.2 By Component

           5.4.3 By End-User

           5.4.4 By Region

    5.5 Market Dynamics

           5.5.1 Drivers

                    5.5.1.1 Growing Environmental Concerns Over Carbon Emissions and Efforts to Reduce Air Pollution

                    5.5.1.2 Policy Support From Governments to Enable Adoption of Renewable Technologies

                    5.5.1.3 The Ability to Supply Dispatchable Power

           5.5.2 Restraints

                    5.5.2.1 Higher Cost of Generation Compared to Other Renewable Technologies

           5.5.3 Opportunities

                    5.5.3.1 Application in Hybrid Power Plants

                    5.5.3.2 Mining Industry Investing in Renewables

                    5.5.3.3 Applications in Desalination and Enhanced Oil Recovery

           5.5.4 Challenges

                    5.5.4.1 Land and Water Requirements

                    5.5.4.2 Technical Challenges

6 Concentrating Solar Power Market, By Technology

    6.1 Introduction

    6.2 Parabolic Trough

    6.3 Power Tower

    6.4 Linear Fresnel

    6.5 Dish/Engine System

7 Concentrating Solar Power Market, By Component

    7.1 Introduction

    7.3 Solar Field

    7.4 Power Block

    7.3 Thermal Energy Storage System

8 Concentrating Solar Power Market, By End-User

    8.1 Introduction

    8.2 Utilities

    8.3 Enhanced Oil Recovery

    8.4 Others

9 Concentrating Solar Power Market, By Region

    9.1 Introduction

    9.2 The Middle East & Africa

           9.2.1 Morocco

           9.2.2 South Africa

           9.2.3 Saudi Arabia

           9.2.4 U.A.E.

           9.2.5 Oman

           9.2.6 Algeria

           9.2.7 Israel

           9.2.8 Rest of Middle East & Africa

    9.3 Asia-Pacific

           9.3.1 China

           9.3.2 India

           9.3.3 Australia

           9.3.4 Rest of Asia-Pacific

    9.4 Europe

           9.4.1 Italy

           9.4.2 Cyprus

           9.4.3 Rest of Europe

    9.5 North America

           9.5.1 U.S.

    9.6 Latin America

           9.6.1 Chile

10 Competitive Landscape

     10.1 Overview

     10.2 Competitive Situation & Trends

             10.2.1 Contracts & Agreements

             10.2.2 Joint Ventures & Collaborations

             10.2.3 New Product Launches

             10.2.4 Expansions & Investments

             10.2.5 Mergers & Acquisitions

11 Company Profiles
(Overview, Products & Services, Strategies & Insights, Developments and View) -

     11.1 Introduction

     11.2 Abengoa Solar, S.A.

     11.3 Brightsource Energy, Inc.

     11.4 ACWA Power

     11.5 Esolar, Inc.

     11.6 Solarreserve, LLC

     11.7 Aalborg CSP A/S.

     11.8 TSK Flagsol Engineering GmbH

     11.9 Alsolen

     11.10 Archimede Solar Energy

     11.11 Acciona Energy

     11.12 Cobra Energia

     11.13 Frenell GmbH

     11.14 Nexans

     11.15 Soltigua

     11.16 Baysolar CSP

     11.17 Siemens AG

     11.18 Solastor
  • Details on Overview, Products & Services, Strategies & Insights, Developments and View Might Not Be Captured in Case of Unlisted Companies.
List of Tables

Table 1 Capital Cost Overview of Concentrating Solar Power Plants
Table 2 Hybrid Concentrating Solar Power-Pv Projects in the Pipeline (June 2016)
Table 3 Global Concentrating Solar Power Market, By Technology, 2014-2021 (USD Million)
Table 4 Parabolic Trough: Concentrating Solar Power Market Size, By Region, 2014-2021 (USD Million)
Table 5 Power Tower: By  Market Size, By Region , 2014-2021 (USD Million)
Table 6 Linear Fresnel: By Market Size, By Region , 2014-2021 (USD Million)
Table 7 Dish/Engine System: By Market Size, By Region, 2014-2021 (USD Million)
Table 8 Global Concentrating Solar Power Market Size, By Component, 2014-2021 (USD Million)
Table 9 Solar Field: Concentrating Solar Power Market Size, By Region, 2014-2021 (USD Million)
Table 10 Power Block: By Market Size, By Region, 2014-2021 (USD Million)
Table 11 Thermal Energy Storage: By Market Size, By Region , 2014-2021 (USD Million)
Table 12 Global Concentrating Solar Power Market Size, By End-User, 2014-2021 (USD Million)
Table 13 Utilities: Concentrating Solar Power Market Size, By Region , 2014-2021 (USD Million)
Table 14 Enhanced Oil Recovery: By Market Size, By Region , 2014-2021 (USD Million)
Table 15 Others: By Market Size, By Region , 2014-2021 (USD Million)
Table 16 Concentrating Solar Power Market Size, By Region, 2014-2021 (MW)
Table 17 Concentrating Solar Power Market Size, By Region, 2014-2021 (USD Million)
Table 18 The Middle East & Africa: By Market Size, By Technology, 2014-2021 (USD Million)
Table 19 The Middle East & Africa: By Market Size, By Component, 2014-2021 (USD Million)
Table 20 The Middle East & Africa: By Market Size, By End-User, 2014-2021 (USD Million)
Table 21 The Middle East & Africa: By Market Size, By Country, 2014-2021 (MW)
Table 22 The Middle East & Africa: By Market Size, By Country, 2014-2021 (USD Million)
Table 23 Morocco: Concentrating Solar Power Market Size, By Technology, 2014-2021 (MW)
Table 24 Morocco: By  Market Size, By Technology, 2014-2021 (USD Million)
Table 25 South Africa: Concentrating Solar Power Market Size, By Technology, 2014-2021 (MW)
Table 26 South Africa: By  Market Size, By Technology, 2014-2021 (USD Million)
Table 27 Saudi Arabia: By Market Size, By Technology, 2014-2021 (MW)
Table 28 Saudi Arabia: By Market Size, By Technology, 2014-2021 (USD Million)
Table 29 U.A.E.: Concentrating Solar Power Market Size, By Technology, 2014-2021 (MW)
Table 30 U.A.E.: By Market Size, By Technology, 2014-2021 (USD Million)
Table 31 Oman: By Market Size, By Technology, 2014-2021 (MW)
Table 32 Oman: By Market Size, By Technology, 2014-2021 (USD Million)
Table 33 Algeria: By Market Size, By Technology, 2014-2021 (MW)
Table 34 Algeria: By Market Size, By Technology, 2014-2021 (USD Million)
Table 35 Israel: By Market Size, By Technology, 2014-2021 (MW)
Table 36 Israel: By Market Size, By Technology, 2014-2021 (USD Million)
Table 37 Rest of Middle East & Africa: By Market Size, By Technology, 2014-2021 (MW)
Table 38 Rest of Middle East & Africa: By Market Size, By Technology, 2014-2021 (USD Million)
Table 39 Asia-Pacific: By Market Size, By Technology, 2014-2021 (USD Million)
Table 40 Asia-Pacific: By Market Size, By Component, 2014-2021 (USD Million)
Table 41 Asia-Pacific: By Market Size, By End-User, 2014-2021 (USD Million)
Table 42 Asia-Pacific: By Market Size, By Country, 2014-2021 (MW)
Table 43 Asia-Pacific: By Market Size, By Country, 2014-2021 (USD Million)
Table 44 China: By Market Size, By Technology, 2014-2021 (MW)
Table 45 China: By Market Size, By Technology, 2014-2021 (USD Million)
Table 46 India: By Market Size, By Technology, 2014-2021 (MW)
Table 47 India: By Market Size, By Technology, 2014-2021 (USD Million)
Table 48 Australia: By Market Size, By Technology, 2014-2021 (MW)
Table 49 Australia: By Market Size, By Technology, 2014-2021 (USD Million)
Table 50 Rest of Asia-Pacific: By Market Size, By Technology, 2014-2021 (MW)
Table 51 Rest of Asia-Pacific: By Market Size, By Technology, 2014-2021 (USD Million)
Table 52 Europe: By Market Size, By Technology, 2014-2021 (USD Million)
Table 53 Europe: By Market Size, By Component, 2014-2021 (USD Million)
Table 54 Europe: By Market Size, By End-User, 2014-2021 (USD Million)
Table 55 Europe: By Market Size, By Country, 2014-2021 (MW)
Table 56 Europe: By Market Size, By Country, 2014-2021 (USD Million)
Table 57 Italy: By Market Size, By Technology, 2014-2021 (MW)
Table 58 Italy: By Market Size, By Technology, 2014-2021 (USD Million)
Table 59 Cyprus: By Market Size, By Technology, 2014-2021 (MW)
Table 60 Cyprus: By Market Size, By Technology, 2014-2021 (USD Million)
Table 61 Rest of Europe: By Market Size, By Technology, 2014-2021 (MW)
Table 62 Rest of Europe: By Market Size, By Technology, 2014-2021 (USD Million)
Table 63 North America: By Market Size, By Technology, 2014-2021 (USD Million)
Table 64 North America: By Market Size, By Component, 2014-2021 (USD Million)
Table 65 North America: By Market Size, By End-User, 2014-2021 (USD Million)
Table 66 North America: By Market Size, By Country, 2014-2021 (MW)
Table 67 North America: By Market Size, By Country, 2014-2021 (USD Million)
Table 68 U.S.: Concentrating Solar Power Market Size, By Technology, 2014-2021 (MW)
Table 69 U.S.: By Market Size, By Technology, 2014-2021 (USD Million)
Table 70 Latin America: Concentrating Solar Power Market Size, By Technology, 2014-2021 (USD Million)
Table 71 Latin America: By Market Size, By Component, 2014-2021 (USD Million)
Table 72 Latin America: By Market Size, By End User, 2014-2021 (USD Million)
Table 73 Latin America: By Market Size, By Country, 2014-2021 (MW)
Table 74 Latin America: By Market Size, By Country, 2014-2021 (USD Million)
Table 75 Chile.: Concentrating Solar Power Market Size, By Technology, 2014-2021 (MW)
Table 76 Chile: By Market Size, By Technology, 2014-2021 (USD Million)
Table 77 Contracts & Agreements6
Table 78 Joint Ventures & Collaborations
Table 79 New Product Launches
Table 80 Expansion & Investments
Table 81 Mergers & Acquisitions, 2013

List of Figures

Figure 1 Concentrating Solar Power Market : Market Segmentation
Figure 2 Concentrating Solar Power Market : Country-Wise Scope
Figure 3 Concentrating Solar Power Market: Research Design
Figure 4 Break Down of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Middle East & Africa Accounted for the Largest Market Share in the Concentrating Solar Power Market in 2015
Figure 9 The Middle East & Africa Market is Expected to Dominate the Concentrating Solar Power Market By 2021
Figure 10 Parabolic Trough Technology is Expected to Dominate the Concentrating Solar Power Market, 2016-2021
Figure 11 Concentrating Solar Power Market Size, By End-User, 2016-2021 (USD Million)
Figure 12 Solar Field is Expected to Lead the Concentrating Solar Power Market, 2016-2021
Figure 13 Attractive Market Opportunities in the Concentrating Solar Power Market
Figure 14 Concentrating Solar Power Market Share, By Technology, 2016-2021
Figure 15 The Solar Field Segment is Expected to Dominate the Concentrating Solar Power Market, 2021
Figure 16 The Utilities Segment is the Largest End-User Segment in the Concentrating Solar Power Market, 2016-2021
Figure 17 The Utilities Concentrating Solar Power Segment Holds the Largest Market Share in 2016
Figure 18 Concentrating Solar Power Market Share (Value), By Region, 2021
Figure 19 Concentrating Solar Power Market Segmentation, By Technology, Component, and Region
Figure 20 Growing Environmental Concerns, Carbon Emissions, and Efforts to Reduce Air Pollution Will Drive the Concentrating Solar Power Market During the Forecast Period
Figure 21 Trend of CO2 Emissions
Figure 22 Parabolic Trough Technology is Projected to Dominate the Market Through to 2021
Figure 23 Solar Field Component is Expected to Dominate the Concentrating Solar Power Market By 2021
Figure 24 Utilities End-User Segment is Expected to Dominate the Concentrating Solar Power Market By 2021
Figure 25 Regional Snapshot of Concentrating Solar Power Market (2015): China and Morocco Will Lead Market Growth During the Forecast Period
Figure 26 Global Concentrating Solar Power Market Share (Value), By Region, 2015
Figure 27 Middle East & Africa Concentrating Solar Power Market Snapshot
Figure 28 Companies Adopted Contracts & Agreements and Joint Ventures & Collaborations to Capture the Market, 2011-2016
Figure 29 Battle for Market Share: Contracts & Agreements Was the Key Strategy, 2011-2016
Figure 30 ACWA Power Accounted for the Maximum Share in the Concentrating Solar Power Market, By Capacity Additions, 2015
Figure 31 Market Evaluation Framework: 2011-2016
Figure 32 Geographical Presence of the Top 5 Market Players
Figure 33 Abengoa Solar, S.A : Company Snapshot
Figure 34 SWOT Analysis: Abengoa Solar, SA
Figure 35 SWOT Analysis: Brightsource Energy Inc
Figure 36 SWOT Analysis: ACWA Power
Figure 37 SWOT Analysis: Esolar Inc
Figure 38 SWOT Analysis: Solarreserve
Figure 39 Grupo Cobra: Company Snapshot
Figure 40 Nexans : Company Snapshot
Figure 41 Siemens AG.: Company Snapshot
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FEATURED COMPANIES

  • Aalborg CSP A/S.
  • Acciona Energy
  • Alsolen
  • Baysolar CSP
  • Cobra Energia
  • Frenell GmbH
  • MORE

The global concentrating solar power market is projected to grow at a CAGR of 10.3% from 2016 to 2021, to reach a market size of USD 10.96 Billion by 2021. The growth is attributed to 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.

The report segments the concentrating solar power market based on end-users into utilities, enhanced oil recovery and others (mining & desalination). Utilities segment is the largest end-user of concentrating solar power owing to the growing number of medium to large scale projects under development and in pipeline across the globe. Based on technology, the parabolic trough segment is expected to dominate the concentrating solar power market during the forecast period. The market has also been segmented based on the components into three sub-segments: solar field, power block and thermal storage. The solar field segment is the largest market; due to large number of complex and costly subcomponents within the segment.

In this report, the concentrating solar power market has been analyzed with respect to five regions, namely, the North America, Europe, Asia-Pacific, South America and the Middle East & Africa. The Middle East & Africa is expected to dominate the global concentrating solar power market during the forecast period, owing to government initiatives towards grid scale renewable power generation. The region is expected to remain largest market among other regions, during the forecast period.

Concentrating Solar Power Market

Higher initial investment and higher payback time period are expected to slow down the demand for concentrating solar power during the forecast period. However, government and private fund availability may offer huge opportunities.

Some of the leading players in the concentrating solar power market include Abengoa Solar (Spain), Aalborg CSP (Denmark), ACWA Power (Saudi Arabia), BrightSource Energy, Inc. (U.S) and eSolar Inc (U.S), among others. Contracts & agreements was the strategy most commonly adopted by the top players in the market, constituting 54% of the total developments from 2012 to 2016. It was followed by joint ventures & collaborations, new product developments/launches, expansions, partnerships, and mergers & acquisitions.

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  • ACWA Power
  • Aalborg CSP A/S.
  • Abengoa Solar, S.A.
  • Acciona Energy
  • Alsolen
  • Archimede Solar Energy
  • Baysolar CSP
  • Brightsource Energy, Inc.
  • Cobra Energia
  • Esolar, Inc.
  • Frenell GmbH
  • Nexans
  • Siemens AG
  • Solarreserve, LLC
  • Solastor
  • Soltigua
  • TSK Flagsol Engineering GmbH
Note: Product cover images may vary from those shown
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