Global Concentrated Solar Power Market Size & Outlook

The concentrated solar power industry worldwide is expected to reach a projected revenue of US$ 9,490.4 million by 2027. A compound annual growth rate of 9.7% is expected of the worldwide concentrated solar power industry from 2020 to 2027.
Revenue, 2019 (US$M)
$4,527.3
Forecast, 2027 (US$M)
$9,490.4
CAGR, 2020 - 2027
9.7%
Report Coverage
Worldwide

Global concentrated solar power market highlights

  • The global concentrated solar power market generated a revenue of USD 4,527.3 million in 2019 and is expected to reach USD 9,490.4 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 9.7% by 2027.
  • In terms of segment, parabolic trough accounted for a revenue of USD 3,839.7 million in 2019.
  • Dish is the most lucrative technology segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2019.
  • Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 4,527.3 million
Market revenue in 2027USD 9,490.4 million
Growth rate9.7% (CAGR from 2019 to 2027)
Largest segmentParabolic trough
Fastest growing segmentDish
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationParabolic Trough, Linear Fresnel, Dish, Power Tower

Other key industry trends

  • In terms of revenue, the North America accounted for 20.1% of the global concentrated solar power market in 2019.
  • By country, the China is projected to lead the global market in terms of revenue in 2027.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 1,052.2 million by 2027.

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Concentrated Solar Power Market Scope

Concentrated Solar Power Market Companies

Name Profile # Employees HQ Website

Global concentrated solar power market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to concentrated solar power market will help companies and investors design strategic landscapes.


Parabolic trough was the largest segment with a revenue share of 84.81% in 2019. Horizon Databook has segmented the Global concentrated solar power market based on parabolic trough, linear fresnel, dish, power tower covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Concentrated Solar Power Technology Outlook (Revenue, USD Million, 2016-2027)
    • Parabolic Trough
    • Linear Fresnel
    • Dish
    • Power Tower
  • Global Concentrated Solar Power Application Outlook (Revenue, USD Million, 2016-2027)
    • Utilities
    • EOR
    • Desalination
    • Others

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  • Our clientele includes a mix of concentrated solar power market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global concentrated solar power market , including forecasts for subscribers. This global databook contains high-level insights into Global concentrated solar power market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global concentrated solar power market size, by region, 2016-2027 (US$M)

Top 10 countries: Concentrated solar power market size, 2019 (US$M)

Global concentrated solar power market share, by technology, 2019 & 2027 (%, US$M)

Concentrated solar power market: Opportunity assessment by country

Global concentrated solar power market, by region, 2019 (US$M)

Global concentrated solar power market size, by region, 2016-2027 (US$M)

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