Concentrating Solar Power Market Outlook 2021 :
Technology, End-user, Components
The report "Concentrating Solar Power Market by Technology (Parabolic Trough, Power
Tower, Linear Fresnel & Dish/Engine system), Components (Solar field, Power Block, and
Thermal Storage), End-User (Utilities, EOR & Others ), and Region - Global Forecast to
2021", The concentrating solar power market is expected to grow from an estimated USD 6.7
Billion in 2016 to USD 10.96 Billion by 2021, registering a CAGR of 10.3% from 2016 to 2021. The
global market is witnessing significant growth due to rising environmental concerns over carbon
emissions and efforts to reduce air pollution, policy support from governments to enable
adoption of renewable technologies.
Browse 81 market data tables and 41 figures spread through 152 pages and in-depth TOC
on “Concentrating Solar Power Market by Technology (Parabolic Trough, Pow er Tower,
Linear Fresnel & Dish/Engine system), Components (Solar field, Power Block, and Thermal
Storage), End-User (Utilities, EOR & Others ), and Region - Global Forecast to 2021"
https://www.marketsandmarkets.com/Market-Reports/concentrating-solar-power-market-
199506567.html
Early buyers will receive 10% customization on reports.
Parabolic Trough segment is expected to hold the largest share of the concentrating solar
power market, by technology, during the forecast period
The parabolic trough segment led the overall concentrating solar power market in 2015.
Parabolic trough systems are 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.
Parabolic trough technology is most commercialized and mature technology in the CSP
technology arena.
Utilities are expected to hold the largest market share of the concentrating solar power
market, by end-users, during the forecast period
The utilities segment is expected to hold the largest share in the concentrating solar power
market during the forecast period. Utilities sector includes utility scale power generation projects
located at islands or on/off-grid areas. Dispatchable power is the key driving factor for CSP that