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Concentrated Solar Thermal-Global Market Insights and Sales Trends 2024
Synopsis
Concentrated solar thermal energy is generation of heat or electricity via mirrors to concentrate the sunrays to the temperature varying between 400 and 1,000C.
The global Concentrated Solar Thermal market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Concentrated Solar Thermal in various end use industries. The expanding demands from the Residential and Industrial, are propelling Concentrated Solar Thermal market. Parabolic Troughs, 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 Tower/Heliostat Systems segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.246 GW.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Concentrated Solar Thermal, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Concentrated Solar Thermal market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Concentrated Solar Thermal market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Concentrated Solar Thermal 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 Solar Thermal covered in this report include Abengoa, Acciona, Orano, BrightSource Energy, Directed Vapor, GE Energy, Hitachi, SCHOTT and SEIA, etc.
The global Concentrated Solar Thermal market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abengoa
Acciona
Orano
BrightSource Energy
Directed Vapor
GE Energy
Hitachi
SCHOTT
SEIA
Siemens
Global Concentrated Solar Thermal 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 Solar Thermal market, Segment by Type:
Parabolic Troughs
Tower/Heliostat Systems
Others
Global Concentrated Solar Thermal market, by Application
Residential
Industrial
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Concentrated Solar Thermal companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Concentrated solar thermal energy is generation of heat or electricity via mirrors to concentrate the sunrays to the temperature varying between 400 and 1,000C.
The global Concentrated Solar Thermal market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Concentrated Solar Thermal in various end use industries. The expanding demands from the Residential and Industrial, are propelling Concentrated Solar Thermal market. Parabolic Troughs, 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 Tower/Heliostat Systems segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.246 GW.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Concentrated Solar Thermal, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Concentrated Solar Thermal market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Concentrated Solar Thermal market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Concentrated Solar Thermal 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 Solar Thermal covered in this report include Abengoa, Acciona, Orano, BrightSource Energy, Directed Vapor, GE Energy, Hitachi, SCHOTT and SEIA, etc.
The global Concentrated Solar Thermal market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abengoa
Acciona
Orano
BrightSource Energy
Directed Vapor
GE Energy
Hitachi
SCHOTT
SEIA
Siemens
Global Concentrated Solar Thermal 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 Solar Thermal market, Segment by Type:
Parabolic Troughs
Tower/Heliostat Systems
Others
Global Concentrated Solar Thermal market, by Application
Residential
Industrial
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Concentrated Solar Thermal companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Concentrated Solar Thermal
1.1 Concentrated Solar Thermal Market Overview
1.1.1 Concentrated Solar Thermal Product Scope
1.1.2 Concentrated Solar Thermal Market Status and Outlook
1.2 Global Concentrated Solar Thermal Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Concentrated Solar Thermal Market Size by Region (2018-2029)
1.4 Global Concentrated Solar Thermal Historic Market Size by Region (2018-2023)
1.5 Global Concentrated Solar Thermal Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Concentrated Solar Thermal Market Size (2018-2029)
1.6.1 North America Concentrated Solar Thermal Market Size (2018-2029)
1.6.2 Europe Concentrated Solar Thermal Market Size (2018-2029)
1.6.3 Asia-Pacific Concentrated Solar Thermal Market Size (2018-2029)
1.6.4 Latin America Concentrated Solar Thermal Market Size (2018-2029)
1.6.5 Middle East & Africa Concentrated Solar Thermal Market Size (2018-2029)
2 Concentrated Solar Thermal Market by Type
2.1 Introduction
2.1.1 Parabolic Troughs
2.1.2 Tower/Heliostat Systems
2.1.3 Others
2.2 Global Concentrated Solar Thermal Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Concentrated Solar Thermal Historic Market Size by Type (2018-2023)
2.2.2 Global Concentrated Solar Thermal Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Concentrated Solar Thermal Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Concentrated Solar Thermal Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Concentrated Solar Thermal Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Concentrated Solar Thermal Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Concentrated Solar Thermal Revenue Breakdown by Type (2018-2029)
3 Concentrated Solar Thermal Market Overview by Application
3.1 Introduction
3.1.1 Residential
3.1.2 Industrial
3.2 Global Concentrated Solar Thermal Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Concentrated Solar Thermal Historic Market Size by Application (2018-2023)
3.2.2 Global Concentrated Solar Thermal Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Concentrated Solar Thermal Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Concentrated Solar Thermal Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Concentrated Solar Thermal Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Concentrated Solar Thermal Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Concentrated Solar Thermal Revenue Breakdown by Application (2018-2029)
4 Concentrated Solar Thermal Competition Analysis by Players
4.1 Global Concentrated Solar Thermal Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Concentrated Solar Thermal as of 2022)
4.3 Date of Key Players Enter into Concentrated Solar Thermal Market
4.4 Global Top Players Concentrated Solar Thermal Headquarters and Area Served
4.5 Key Players Concentrated Solar Thermal Product Solution and Service
4.6 Competitive Status
4.6.1 Concentrated Solar Thermal Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Abengoa
5.1.1 Abengoa Profile
5.1.2 Abengoa Main Business
5.1.3 Abengoa Concentrated Solar Thermal Products, Services and Solutions
5.1.4 Abengoa Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.1.5 Abengoa Recent Developments
5.2 Acciona
5.2.1 Acciona Profile
5.2.2 Acciona Main Business
5.2.3 Acciona Concentrated Solar Thermal Products, Services and Solutions
5.2.4 Acciona Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.2.5 Acciona Recent Developments
5.3 Orano
5.3.1 Orano Profile
5.3.2 Orano Main Business
5.3.3 Orano Concentrated Solar Thermal Products, Services and Solutions
5.3.4 Orano Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.3.5 BrightSource Energy Recent Developments
5.4 BrightSource Energy
5.4.1 BrightSource Energy Profile
5.4.2 BrightSource Energy Main Business
5.4.3 BrightSource Energy Concentrated Solar Thermal Products, Services and Solutions
5.4.4 BrightSource Energy Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.4.5 BrightSource Energy Recent Developments
5.5 Directed Vapor
5.5.1 Directed Vapor Profile
5.5.2 Directed Vapor Main Business
5.5.3 Directed Vapor Concentrated Solar Thermal Products, Services and Solutions
5.5.4 Directed Vapor Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.5.5 Directed Vapor Recent Developments
5.6 GE Energy
5.6.1 GE Energy Profile
5.6.2 GE Energy Main Business
5.6.3 GE Energy Concentrated Solar Thermal Products, Services and Solutions
5.6.4 GE Energy Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.6.5 GE Energy Recent Developments
5.7 Hitachi
5.7.1 Hitachi Profile
5.7.2 Hitachi Main Business
5.7.3 Hitachi Concentrated Solar Thermal Products, Services and Solutions
5.7.4 Hitachi Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.7.5 Hitachi Recent Developments
5.8 SCHOTT
5.8.1 SCHOTT Profile
5.8.2 SCHOTT Main Business
5.8.3 SCHOTT Concentrated Solar Thermal Products, Services and Solutions
5.8.4 SCHOTT Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.8.5 SCHOTT Recent Developments
5.9 SEIA
5.9.1 SEIA Profile
5.9.2 SEIA Main Business
5.9.3 SEIA Concentrated Solar Thermal Products, Services and Solutions
5.9.4 SEIA Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.9.5 SEIA Recent Developments
5.10 Siemens
5.10.1 Siemens Profile
5.10.2 Siemens Main Business
5.10.3 Siemens Concentrated Solar Thermal Products, Services and Solutions
5.10.4 Siemens Concentrated Solar Thermal Revenue (US$ Million) & (2018-2023)
5.10.5 Siemens Recent Developments
6 North America
6.1 North America Concentrated Solar Thermal Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Concentrated Solar Thermal Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Concentrated Solar Thermal Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Concentrated Solar Thermal Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Concentrated Solar Thermal Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Concentrated Solar Thermal Market Dynamics
11.1 Concentrated Solar Thermal Industry Trends
11.2 Concentrated Solar Thermal Market Drivers
11.3 Concentrated Solar Thermal Market Challenges
11.4 Concentrated Solar Thermal Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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