Concentrating Solar Power (CSP) Market Size & Share, by Technology (Solar Power Tower, Linear Concentrating System, Dish Stirling); Component (Solar Field, Power Block, Thermal Energy Storage Systems); Type (Stand-Alone, Storage); Application (Residential, Non-Residential, Utility) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4830
  • Published Date: Apr 17, 2023
  • Report Format: PDF, PPT

Companies Dominating the Concentrating Solar Powe Landscape

    • Abengoa
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • New BrightSource, Ltd.
    • Siemens Energy
    • Aalborg CSP A/S
    • ACWA Power International
    • Shouhang Hightech Energy Technology Co., Ltd.
    • Enel Spa
    • Trivelli Energia s.r.l.
    • Grün leben GmbH

Browse Key Market Insights with Data Illustration:


In The News

  •  Shouhang Hightech Energy Technology Co., Ltd. announced the investment agreement with Gansu Province for the Jinta for building the molten salt tower concentrating solar power project of 100 MW capacity.

  •  ACCIONA announced the opening of Ceero Dominador concentrated solar power plant in Chile. It was built for EIG Global Energy Partner and has the capacity of 110 MW. The plant is located near the Chilean town of Mara Elena in the Atacama Desert, which has some of the world's highest amounts of solar radiation.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 4830
  • Published Date: Apr 17, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for renewable energy, rising government initiatives to boost the clean energy and rising depletion of fossil fuels are the major factors driving the market growth.

The market size of concentrating solar power is anticipated to attain a CAGR of 29.9% over the forecast period, i.e., 2023-2035.

Lack of space and resources to build CSP and the production of electricity in CSP can be water consuming are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Abengoa, New BrightSource, Ltd., Siemens Energy, ACCIONA, Aalborg CSP A/S, Shouhang Hightech Energy Technology Co., Ltd., ACWA Power International, Enel Spa, Trivelli Energia s.r.l., and Grün leben GmbH

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, component, application, technology.

The thermal energy storage systems segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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