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Concentrated Photovoltaic (CPV)-Global Market Insights and Sales Trends 2024
Synopsis
Concentrated Photovoltaic (CPV) is a photovoltaic technology that generates electricity from sunlight. Contrary to conventional photovoltaic systems, it uses lenses and curved mirrors to focus sunlight onto small, but highly efficient, multi-junction (MJ) solar cells. In addition, CPV systems often use solar trackers and sometimes a cooling system to further increase their efficiency. Ongoing research and development is rapidly improving their competitiveness in the utility-scale segment and in areas of high insolation. This sort of solar technology can be thus used in smaller areas.
The global Concentrated Photovoltaic (CPV) market size is expected to reach US$ 1361.6 million by 2029, growing at a CAGR of 6.5% from 2023 to 2029. The market is mainly driven by the significant applications of Concentrated Photovoltaic (CPV) in various end use industries. The expanding demands from the Commercial, Utility-Scale and Others,, are propelling Concentrated Photovoltaic (CPV) market. LCPV, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the HCPV segment is estimated at % CAGR for the next seven-year period.
Arzon Solar (Amonix), Magpower, Semprius Inc., Suncore Photovoltaic, Sunpower Corporation and Zytech Solar are the key manufacturters of Concentrated Photovoltaic (CPV), with about 12% market shares.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Concentrated Photovoltaic (CPV), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Concentrated Photovoltaic (CPV) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Concentrated Photovoltaic (CPV) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Concentrated Photovoltaic (CPV) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Concentrated Photovoltaic (CPV) covered in this report include Arzon Solar (Amonix), Isofoton S.A., Magpower, Semprius Inc., Soitec, Solar Junction, Silex, Suncore Photovoltaic and Sunpower Corporation, etc.
The global Concentrated Photovoltaic (CPV) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Arzon Solar (Amonix)
Isofoton S.A.
Magpower
Semprius Inc.
Soitec
Solar Junction
Silex
Suncore Photovoltaic
Sunpower Corporation
Zytech Solar
SolFocus
Global Concentrated Photovoltaic (CPV) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Concentrated Photovoltaic (CPV) market, Segment by Type:
LCPV
HCPV
Global Concentrated Photovoltaic (CPV) market, by Application
Commercial
Utility-Scale
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Concentrated Photovoltaic (CPV) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Concentrated Photovoltaic (CPV) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Concentrated Photovoltaic (CPV) is a photovoltaic technology that generates electricity from sunlight. Contrary to conventional photovoltaic systems, it uses lenses and curved mirrors to focus sunlight onto small, but highly efficient, multi-junction (MJ) solar cells. In addition, CPV systems often use solar trackers and sometimes a cooling system to further increase their efficiency. Ongoing research and development is rapidly improving their competitiveness in the utility-scale segment and in areas of high insolation. This sort of solar technology can be thus used in smaller areas.
The global Concentrated Photovoltaic (CPV) market size is expected to reach US$ 1361.6 million by 2029, growing at a CAGR of 6.5% from 2023 to 2029. The market is mainly driven by the significant applications of Concentrated Photovoltaic (CPV) in various end use industries. The expanding demands from the Commercial, Utility-Scale and Others,, are propelling Concentrated Photovoltaic (CPV) market. LCPV, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the HCPV segment is estimated at % CAGR for the next seven-year period.
Arzon Solar (Amonix), Magpower, Semprius Inc., Suncore Photovoltaic, Sunpower Corporation and Zytech Solar are the key manufacturters of Concentrated Photovoltaic (CPV), with about 12% market shares.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Concentrated Photovoltaic (CPV), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Concentrated Photovoltaic (CPV) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Concentrated Photovoltaic (CPV) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Concentrated Photovoltaic (CPV) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Concentrated Photovoltaic (CPV) covered in this report include Arzon Solar (Amonix), Isofoton S.A., Magpower, Semprius Inc., Soitec, Solar Junction, Silex, Suncore Photovoltaic and Sunpower Corporation, etc.
The global Concentrated Photovoltaic (CPV) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Arzon Solar (Amonix)
Isofoton S.A.
Magpower
Semprius Inc.
Soitec
Solar Junction
Silex
Suncore Photovoltaic
Sunpower Corporation
Zytech Solar
SolFocus
Global Concentrated Photovoltaic (CPV) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Concentrated Photovoltaic (CPV) market, Segment by Type:
LCPV
HCPV
Global Concentrated Photovoltaic (CPV) market, by Application
Commercial
Utility-Scale
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Concentrated Photovoltaic (CPV) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Concentrated Photovoltaic (CPV) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Concentrated Photovoltaic (CPV) Market Overview
1.1 Concentrated Photovoltaic (CPV) Product Overview
1.2 Concentrated Photovoltaic (CPV) Market Segment by Type
1.2.1 LCPV
1.2.2 HCPV
1.3 Global Concentrated Photovoltaic (CPV) Market Size by Type
1.3.1 Global Concentrated Photovoltaic (CPV) Market Size Overview by Type (2018-2029)
1.3.2 Global Concentrated Photovoltaic (CPV) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Concentrated Photovoltaic (CPV) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Concentrated Photovoltaic (CPV) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Concentrated Photovoltaic (CPV) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Concentrated Photovoltaic (CPV) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Concentrated Photovoltaic (CPV) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Concentrated Photovoltaic (CPV) Sales Breakdown by Type (2018-2023)
2 Global Concentrated Photovoltaic (CPV) Market Competition by Company
2.1 Global Top Players by Concentrated Photovoltaic (CPV) Sales (2018-2023)
2.2 Global Top Players by Concentrated Photovoltaic (CPV) Revenue (2018-2023)
2.3 Global Top Players by Concentrated Photovoltaic (CPV) Price (2018-2023)
2.4 Global Top Manufacturers Concentrated Photovoltaic (CPV) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Concentrated Photovoltaic (CPV) Market Competitive Situation and Trends
2.5.1 Concentrated Photovoltaic (CPV) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Concentrated Photovoltaic (CPV) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Concentrated Photovoltaic (CPV) as of 2022)
2.7 Date of Key Manufacturers Enter into Concentrated Photovoltaic (CPV) Market
2.8 Key Manufacturers Concentrated Photovoltaic (CPV) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Concentrated Photovoltaic (CPV) Status and Outlook by Region
3.1 Global Concentrated Photovoltaic (CPV) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Concentrated Photovoltaic (CPV) Historic Market Size by Region
3.2.1 Global Concentrated Photovoltaic (CPV) Sales in Volume by Region (2018-2023)
3.2.2 Global Concentrated Photovoltaic (CPV) Sales in Value by Region (2018-2023)
3.2.3 Global Concentrated Photovoltaic (CPV) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Concentrated Photovoltaic (CPV) Forecasted Market Size by Region
3.3.1 Global Concentrated Photovoltaic (CPV) Sales in Volume by Region (2024-2029)
3.3.2 Global Concentrated Photovoltaic (CPV) Sales in Value by Region (2024-2029)
3.3.3 Global Concentrated Photovoltaic (CPV) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Concentrated Photovoltaic (CPV) by Application
4.1 Concentrated Photovoltaic (CPV) Market Segment by Application
4.1.1 Commercial
4.1.2 Utility-Scale
4.1.3 Others
4.2 Global Concentrated Photovoltaic (CPV) Market Size by Application
4.2.1 Global Concentrated Photovoltaic (CPV) Market Size Overview by Application (2018-2029)
4.2.2 Global Concentrated Photovoltaic (CPV) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Concentrated Photovoltaic (CPV) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Concentrated Photovoltaic (CPV) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Concentrated Photovoltaic (CPV) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Concentrated Photovoltaic (CPV) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Concentrated Photovoltaic (CPV) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Concentrated Photovoltaic (CPV) Sales Breakdown by Application (2018-2023)
5 North America Concentrated Photovoltaic (CPV) by Country
5.1 North America Concentrated Photovoltaic (CPV) Historic Market Size by Country
5.1.1 North America Concentrated Photovoltaic (CPV) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Concentrated Photovoltaic (CPV) Sales in Volume by Country (2018-2023)
5.1.3 North America Concentrated Photovoltaic (CPV) Sales in Value by Country (2018-2023)
5.2 North America Concentrated Photovoltaic (CPV) Forecasted Market Size by Country
5.2.1 North America Concentrated Photovoltaic (CPV) Sales in Volume by Country (2024-2029)
5.2.2 North America Concentrated Photovoltaic (CPV) Sales in Value by Country (2024-2029)
6 Europe Concentrated Photovoltaic (CPV) by Country
6.1 Europe Concentrated Photovoltaic (CPV) Historic Market Size by Country
6.1.1 Europe Concentrated Photovoltaic (CPV) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Concentrated Photovoltaic (CPV) Sales in Volume by Country (2018-2023)
6.1.3 Europe Concentrated Photovoltaic (CPV) Sales in Value by Country (2018-2023)
6.2 Europe Concentrated Photovoltaic (CPV) Forecasted Market Size by Country
6.2.1 Europe Concentrated Photovoltaic (CPV) Sales in Volume by Country (2024-2029)
6.2.2 Europe Concentrated Photovoltaic (CPV) Sales in Value by Country (2024-2029)
7 Asia-Pacific Concentrated Photovoltaic (CPV) by Region
7.1 Asia-Pacific Concentrated Photovoltaic (CPV) Historic Market Size by Region
7.1.1 Asia-Pacific Concentrated Photovoltaic (CPV) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Concentrated Photovoltaic (CPV) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Concentrated Photovoltaic (CPV) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Concentrated Photovoltaic (CPV) Forecasted Market Size by Region
7.2.1 Asia-Pacific Concentrated Photovoltaic (CPV) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Concentrated Photovoltaic (CPV) Sales in Value by Region (2024-2029)
8 Latin America Concentrated Photovoltaic (CPV) by Country
8.1 Latin America Concentrated Photovoltaic (CPV) Historic Market Size by Country
8.1.1 Latin America Concentrated Photovoltaic (CPV) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Concentrated Photovoltaic (CPV) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Concentrated Photovoltaic (CPV) Sales in Value by Country (2018-2023)
8.2 Latin America Concentrated Photovoltaic (CPV) Forecasted Market Size by Country
8.2.1 Latin America Concentrated Photovoltaic (CPV) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Concentrated Photovoltaic (CPV) Sales in Value by Country (2024-2029)
9 Middle East and Africa Concentrated Photovoltaic (CPV) by Country
9.1 Middle East and Africa Concentrated Photovoltaic (CPV) Historic Market Size by Country
9.1.1 Middle East and Africa Concentrated Photovoltaic (CPV) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Concentrated Photovoltaic (CPV) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Concentrated Photovoltaic (CPV) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Concentrated Photovoltaic (CPV) Forecasted Market Size by Country
9.2.1 Middle East and Africa Concentrated Photovoltaic (CPV) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Concentrated Photovoltaic (CPV) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Arzon Solar (Amonix)
10.1.1 Arzon Solar (Amonix) Company Information
10.1.2 Arzon Solar (Amonix) Introduction and Business Overview
10.1.3 Arzon Solar (Amonix) Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Arzon Solar (Amonix) Concentrated Photovoltaic (CPV) Products Offered
10.1.5 Arzon Solar (Amonix) Recent Development
10.2 Isofoton S.A.
10.2.1 Isofoton S.A. Company Information
10.2.2 Isofoton S.A. Introduction and Business Overview
10.2.3 Isofoton S.A. Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Isofoton S.A. Concentrated Photovoltaic (CPV) Products Offered
10.2.5 Isofoton S.A. Recent Development
10.3 Magpower
10.3.1 Magpower Company Information
10.3.2 Magpower Introduction and Business Overview
10.3.3 Magpower Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Magpower Concentrated Photovoltaic (CPV) Products Offered
10.3.5 Magpower Recent Development
10.4 Semprius Inc.
10.4.1 Semprius Inc. Company Information
10.4.2 Semprius Inc. Introduction and Business Overview
10.4.3 Semprius Inc. Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Semprius Inc. Concentrated Photovoltaic (CPV) Products Offered
10.4.5 Semprius Inc. Recent Development
10.5 Soitec
10.5.1 Soitec Company Information
10.5.2 Soitec Introduction and Business Overview
10.5.3 Soitec Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Soitec Concentrated Photovoltaic (CPV) Products Offered
10.5.5 Soitec Recent Development
10.6 Solar Junction
10.6.1 Solar Junction Company Information
10.6.2 Solar Junction Introduction and Business Overview
10.6.3 Solar Junction Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Solar Junction Concentrated Photovoltaic (CPV) Products Offered
10.6.5 Solar Junction Recent Development
10.7 Silex
10.7.1 Silex Company Information
10.7.2 Silex Introduction and Business Overview
10.7.3 Silex Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Silex Concentrated Photovoltaic (CPV) Products Offered
10.7.5 Silex Recent Development
10.8 Suncore Photovoltaic
10.8.1 Suncore Photovoltaic Company Information
10.8.2 Suncore Photovoltaic Introduction and Business Overview
10.8.3 Suncore Photovoltaic Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Suncore Photovoltaic Concentrated Photovoltaic (CPV) Products Offered
10.8.5 Suncore Photovoltaic Recent Development
10.9 Sunpower Corporation
10.9.1 Sunpower Corporation Company Information
10.9.2 Sunpower Corporation Introduction and Business Overview
10.9.3 Sunpower Corporation Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Sunpower Corporation Concentrated Photovoltaic (CPV) Products Offered
10.9.5 Sunpower Corporation Recent Development
10.10 Zytech Solar
10.10.1 Zytech Solar Company Information
10.10.2 Zytech Solar Introduction and Business Overview
10.10.3 Zytech Solar Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zytech Solar Concentrated Photovoltaic (CPV) Products Offered
10.10.5 Zytech Solar Recent Development
10.11 SolFocus
10.11.1 SolFocus Company Information
10.11.2 SolFocus Introduction and Business Overview
10.11.3 SolFocus Concentrated Photovoltaic (CPV) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 SolFocus Concentrated Photovoltaic (CPV) Products Offered
10.11.5 SolFocus Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Concentrated Photovoltaic (CPV) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Concentrated Photovoltaic (CPV) Industrial Chain Analysis
11.4 Concentrated Photovoltaic (CPV) Market Dynamics
11.4.1 Concentrated Photovoltaic (CPV) Industry Trends
11.4.2 Concentrated Photovoltaic (CPV) Market Drivers
11.4.3 Concentrated Photovoltaic (CPV) Market Challenges
11.4.4 Concentrated Photovoltaic (CPV) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Concentrated Photovoltaic (CPV) Distributors
12.3 Concentrated Photovoltaic (CPV) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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