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.
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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.
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Regional
Analysis
Europe is considered as one of the
largest producer for Concentrating Solar Powers. Rising environmental concern and
growing awareness among consumers are some of the key factors boosting the
concentrated solar power market.
Moreover, governments in the European region are providing incentives
and rebates for attracting investors to invest in the market.
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.
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