Tuesday, 18 April 2017

Concentrated Solar Power Market to grow at 23% from 2016 to 2025

Industry Overview
The solar technology report Concentrated Solar Power Market Size, By Technology (Parabolic, Linear Fresnel, Power Tower, Dish), Industry Analysis Report, Regional Outlook (U.S., Spain, Italy, Australia, Morocco, China, India, South Africa, Chile, Saudi Arabia, the UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2025”, by Global Market Insights, Inc. says Concentrated Solar Power Market size will exceed 24 GW by 2025.

Concentrated solar power market is gaining an edge successfully in improving profitability and developing new revenue streams. Growth of the concentrated solar power industry is increasingly being driven by government policies aimed at reducing GHG emissions and balancing the fossil fuel depletion. For instance, the U.S. treasury department and the state government have awarded tax credits to CPS projects which make use of clean energy. Another prominent example is the Office of Energy Efficiency and Renewable Energy, which provided funds of approximately USD 9 million to 6 CSP projects to achieve a substantial reduction in the prices and ensure technological advancements.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1164

The mounting need for efficient renewable energy sources for large scale electricity generation, owing to rapid industrialization and urbanization is likely to propel the global concentrated solar power industry.

Amongst the various types of solar power generators based on technological bifurcation, parabolic troughs accounted for over 70% of the global concentrated solar power industry in 2015. High efficiency and low cost of the parabolic troughs is gaining preference in the mass market. Linear Fresnel, power tower, and dish are the other technologies used in solar power generators witnessing noticeable growth. Linear Fresnel concentrated solar power industry is anticipated to surpass USD 9 billion by 2025. In addition, improved performance, low cost, high storage, high efficiency, and high capacity will set a promising growth for the power tower CSP market.

Considering the deployment of concentrated solar power generators around the world Chile is leading the industry and is estimated to record a highest growth rate of more than 27% over the period of 2016-2025. The favorable climatic conditions and an adequate hub of current projects will pave the way for border deployment in the region. Chile holds around 400 MW of solar photovoltaic generation under construction. This number is more than any other nation in South America.

U.S. concentrated solar power market worth USD 12 billion in 2015, is projected to grow at a CAGR of 8% over the period of 2016-2025. Spain is estimated to exceed 3.5 GW by 2025, in which 3.1% of the total electricity demand is met by photovoltaics and 1.8% is met by concentrated solar power plants.  Government regulations to curb carbon footprints and emphasis on adapting clean energy channels will complement the regional growth.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1164

Morocco concentrated solar power industry is set to expand with target market size slated to reach USD 5 billion by 2025. India concentrated solar power market is booming with the rising electricity demand in this region. Promising government initiatives have played a vital role in industry growth.

Mergers and acquisitions is one of the main strategies adopted by leading companies to expand their regional presence. Notable concentrated solar power industry players include Siemens, TSK Flagsol, Solar Millennium, Acciona, NextEra Energy Resources, eSolar, Areva, Solar Reserve, BrightSource Energy, and Abengoa.

Browse key industry insights spread across 117 pages with 149 market data tables & 11 figures & charts from the report Concentrated Solar Power Market in detail along with the table of contents:

Report Content

Chapter 1    Methodology & Scope

1.1    Research Methodology
1.1.1    Initial data exploration
1.1.2    Statistical model and forecast
1.1.3    Industry insights and validation
1.1.4    Research scope and assumptions
1.2    Data Sources
1.2.1.    Primary sources
1.2.2.    Secondary sources

Chapter 2    Executive Summary

2.1    Concentrated solar power industry 3600 synopsis, 2014 - 2025
2.1.1    Business trends
2.1.2    Technology trends
2.1.3    Regional trends

Chapter 3    CSP Industry Insights

3.1    Industry segmentation
3.2    Industry size & forecast, 2014 – 2025
3.3    Industry ecosystem analysis
3.3.1    Vendor matrix
3.4    Price trend analysis
3.4.1    Cost structure, by component
3.5    Innovation & sustainability
3.6    Regulatory trends & impact forecast
3.6.1    U.S.
3.6.2    Spain
3.6.3     India
3.6.4    China
3.6.5     Morocco
3.6.6    UAE
3.6.7    South Africa
3.6.8    Chile
3.7    Industry impact forces
3.7.1    Growth drivers   Favorable government initiatives   Rising electricity demand   Increasing clean energy demand
     3.7.2    Industry pitfalls & challenges   High initial investment   Availability of other alternative sources
3.8    Growth potential analysis
3.9    Porter’s analysis
3.10  Competitive landscape, 2015
3.10.1 Strategy dashboard
 3.11 PESTEL analysis

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Connect with us: Facebook | Google+ | LinkedIn | Twitter

No comments:

Post a Comment