Asia Pacific Concentrated Solar Power Market Size & Outlook
Related Markets
Asia Pacific concentrated solar power market highlights
- The Asia Pacific concentrated solar power market generated a revenue of USD 1,937.0 million in 2019.
- The market is expected to grow at a CAGR of 6.5% from 2020 to 2027.
- In terms of segment, parabolic trough was the largest revenue generating technology in 2019.
- Dish is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 1,937.0 million |
| Market revenue in 2027 | USD 3,209.5 million |
| Growth rate | 6.5% (CAGR from 2019 to 2027) |
| Largest segment | Parabolic trough |
| Fastest growing segment | Dish |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Parabolic Trough, Linear Fresnel, Dish, Power Tower |
| Key market players worldwide | Siemens Energy AG ADR, Acciona SA, Enel SpA, ACWA Power, Abengoa, BrightSource Energy, Aalborg CSP, INITEC Energia, Torresol Energy |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.8% of the global concentrated solar power market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Europe is the fastest growing regional market and is projected to reach USD 1,359.7 million by 2027.
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Concentrated Solar Power Market Scope
Concentrated Solar Power Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Torresol Energy | View profile | 1-10 | Cadiz, Andalucia, Spain, Europe | http://www.torresolenergy.com |
| INITEC Energia | View profile | 501-1000 | Madrid, Madrid, Spain, Europe | http://www.initec-energia.es/index.cfm |
| Aalborg CSP | View profile | 51-100 | Aalborg, Nordjylland, Denmark, Europe | http://www.aalborgcsp.com |
| BrightSource Energy | View profile | 251-500 | Oakland, California, United States, North America | http://www.brightsourceenergy.com |
| Abengoa | View profile | 10001+ | Seville, Andalucia, Spain, Europe | https://www.abengoa.com |
| ACWA Power | View profile | 1001-5000 | Riyadh, Ar Riyad, Saudi Arabia, Asia | https://www.acwapower.com |
| Enel SpA | View profile | 60905 | Viale Regina Margherita, 137, Rome, Italy, 00198 | https://www.enel.com |
| Acciona SA | View profile | 57843 | Avenida de Europa 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, Spain, 28108 | https://www.acciona.com |
| Siemens Energy AG ADR | View profile | 97000 | Otto-Hahn-Ring 6, Munich, BY, Germany, 81739 | https://www.siemens-energy.com |
Asia Pacific 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 82.09% in 2019. Horizon Databook has segmented the Asia Pacific 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.
- Asia Pacific Concentrated Solar Power Technology Outlook (Revenue, USD Million, 2016-2027)
- Parabolic Trough
- Linear Fresnel
- Dish
- Power Tower
- Asia Pacific Concentrated Solar Power Application Outlook (Revenue, USD Million, 2016-2027)
- Utilities
- EOR
- Desalination
- Others
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Target buyers of Asia Pacific concentrated solar power market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific concentrated solar power market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific concentrated solar power market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific concentrated solar power market size, by country, 2016-2027 (US$M)
Asia Pacific Concentrated Solar Power Market Outlook Share, 2019 & 2027 (US$M)
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