The
global concentrated solar power market is progressing at a reportedly
significant rate. According to a research report released by
Transparency Market Research, the global concentrated solar power
market is growing rapidly to reach US$8.67 bn by 2020, after being
recorded around US$2.51 bn at the end of 2013.
In-depth
research report on Concentrated Solar Power Market with
Full TOC at :
http://www.transparencymarketresearch.com/concentrated-solar-power-market.html
The
report estimates that the global concentrated solar power market is
expected to progress at a CAGR of 19.4% between 2014 and 2020 in
terms of value. The global concentrated solar power market is
expected to exhibit a 20.3% CAGR for the same forecast period in
terms of volume.According to the report, the global concentrated
solar power market is primarily driven by the inherent advantages
that it offers. This includes durability, capability of cutting down
on greenhouse gas emissions, and most importantly,
cost-effectiveness.
Another
driver of the global concentrated solar power market is the
increasing concern of multiple nations about the rising global
temperatures and the depleting reserves of conventional energy
reserves. It is stated in the report that technologies related to
concentrated solar power are being used in greater numbers around the
world, thus propelling the global CSP market.Europe was revealed as
the dominant region in the global concentrated solar power market for
2013. Europe held nearly 43% of the market in 2013. However, the
economic downturn in the region has had a negative impact on the
global concentrated solar power market, as it did on most other
modern markets.
The
report also shows how Europe will continue to lead the global
concentrated solar power market in terms of usage, number of
installations, and new projects. The forecast period will also
witness a rapid growth rate for the concentrated solar power market
in Asia Pacific and North America, due to growing concerns over the
use of scarce conventional resources.It is also stated in the report
that the four key technologies in the global concentrated solar power
market are dish Stirling, Fresnel, tower, and parabolic trough. Of
these, parabolic trough technology has matured the most and is the
most widely used in commercial power plants. The report estimates
that this segment may also witness the fastest growth rate in the
global concentrated solar power market over the given forecast
period.
For
further inquiries, click here :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1898
Fresnel
and tower are the two segments that follow parabolic troughs in terms
of usage. A significant number of commercial and industrial power
plants are in the midst of adopting dish Stirling technology as a
means of initiation of demos and pilot projects for future
benefits.The key players in the global concentrated solar power
market as described in the report are BrightSource Energy, Inc.,
NextEra Energy Resources, LLC, GDF SUEZ, Ibereolica Group, and
Abengoa Solar S.A.Major players in the global concentrated solar
power market have benefitted significantly in the recent past due to
the increasing pressure to use renewable energy sources.
Global
Concentrated Solar Power Market: Product Segment
- Parabolic Trough
- Solar Tower
- Linear Fresnel
- Dish Stirling
Global
Concentrated Solar Power Market: Regional Segment
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Browse
TMR Blog Energy Reports :
http://www.tmrblog.com/search/label/Energy
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.Nachiket
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
