Global Concentrated Solar Power (CSP) Market Insights and Forecast to 2028

Concentrated Solar Power (CSP) Market insights - 2028

Due to the COVID-19 pandemic, the global Concentrated Solar Power (CSP) market size is estimated to be worth US$ 2249.2 million in 2022 and is forecast to a readjusted size of US$ 3832.8 million by 2028 with a CAGR of 9.3% during the review period.

Fully considering the economic change by this health crisis, Trench Concentrating Solar Power Systems accounting for % of the Concentrated Solar Power (CSP) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Generate Electricity segment is altered to an % CAGR throughout this forecast period.

CSP even though is an old technology has not seen any big advancements in terms of innovation. Scalability and Complex operations have always restrained the adoption of this system, these factors have redirected the investments to PV systems which can be employed anywhere. But high cost and need for around the clock solar power is helping CSP technology grow at a fast pace. Many large power corporations are expected to make heavy investments so as to meet the increasing demand for CSP market. Solar power being one of the primary renewable source CSP industry is expected to see massive increase in demand in future.

In terms of production side, this report researches the Concentrated Solar Power (CSP) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Concentrated Solar Power (CSP) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Concentrated Solar Power (CSP) Market Scope and Segment

Concentrated Solar Power (CSP) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Concentrated Solar Power (CSP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment By Type 

• Trench Concentrating Solar Power Systems
• Tower-type Solar Power Tower Systems
• Dish Concentrating Solar Power Systems
• Other

Segment By Application

• Generate Electricity
• Industrial Heating
• Other

By Company

• BrightSource Energy
• Solar Millennium AG
• Abengoa
• Orano
• Siemens
• Acciona Energy
• ESolar
• SolarReserve
• Schott
• Wilson Solarpower
• Cool Earth
• Novatec
• Lointek
• NextEra Energy Resources
• Shams Power
• ZED Solar
• Absolicon
• Rioglass Solar

Production By Region

• North America
• Europe
• China
• Japan

Consumption By Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE