Concentrated solar power is a
technology that can harness the sun’s energy potential and provide reliable
renewable energy. Market Research Future (MRFR) has published a research report
about the global concentrating solar power market that predicts growth for this
market at between 2016 and 2022.
The
prominent factors driving the global concentrating solar power market growth include
growing awareness about eco-friendly power, need for renewable sources of
energy, cost-effective energy, and low maintenance costs. However, the high
cost of initial installation can limit market growth.
Concentrating
Solar Power is more expensive to install than the widely used conventional
solar panels. Rising prices of conventional energy and concerns over future
energy supply will drive the growth of the global concentrated solar power
market. Moreover, has opportunity to grow with the adoption of heat storage
systems and hybridization of concentrated solar power plants with conventional
thermal plants. However, the high cost of electricity generation is expected to
undermine the growth of the market.
Segmentation
The report has analyzed the market
based on the three segments: product, application, and end use in the regions
of North America, Europe, APAC and rest of the world. On the basis of product
it includes parabolic trough, solar tower, Linear Fresnel, Dish sterling.
Parabolic trough segment is expected to hold the largest share of the Concentrating
Solar Power market due to applicable in all types of end-user industries such
as utilities, Enhanced oil recovery, and other end users such as mining and
desalination among others. On the basis of application it includes Residential,
Commercial, and Industrial. Whereas Europe region expected to grow the
Concentrating Solar Power market. The scope of the market has widened over many
years owing to the flourishing markets of Europe region. Multiple factors such
as cost-effectiveness, durability, and capability of reducing greenhouse gases
in the atmosphere are some factors which driving the market in this region.
Browse
Full Report @ https://www.marketresearchfuture.com/reports/concentrating-solar-power-market-2104
Regional
Analysis
The regional segmentation of the
global concentrating solar power market segments the market into the regional
markets known as North America, Asia Pacific, Europe, and rest of the world
(RoW). Europe is a priority regional market due to new projects, government
initiatives towards grid-scale renewable power generation, and a number of
installation security of supply with an objective to reduce greenhouse gas
emission. Many important market players are also based in Europe. Vital
country-specific markets in this region are France, Germany, and the UK,
followed by the remaining countries of Europe.
Leading
Players
We recognize the key players in the
global Concentrating Solar Power market are Areva Solar, Abengoa Solar S.A.,
SkyFuel Inc., eSolar Inc., BrightSource Energy Inc., Acciona S.A., SolarReserve
LLC, Solar Millennium AG, SCHOTT Solar AG, and TSK Flagsol
Scope
of the Report
This research report has provides
the insights, on various levels of analyses such industry analysis, market
share analysis leading market players and their profiles. This report also
helps in studying the target segments by providing views on emerging &
high-growth segments and market conclusion. Together the market data comprise
and discuss with the basic assessments on the competitive scenarios &
strategies, of the global Concentrating Solar Power market, including the
high-growth regions, countries and their political, economic and technological
environments. Furthermore the project report also provides the views over the
historical market values as well as, pricing and cost analysis of the same.
About
Market Research Future:
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