Middle East & Africa Concentrated Solar Power Market Size & Outlook
Middle East & Africa concentrated solar power market, 2016-2027 (US$M)
Related Markets
MEA concentrated solar power market highlights
- The MEA concentrated solar power market generated a revenue of USD 457.5 million in 2019.
- The market is expected to grow at a CAGR of 13.4% 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, Algeria is expected to register the highest CAGR from 2020 to 2027.
MEA data book summary
| Market revenue in 2019 | USD 457.5 million |
| Market revenue in 2027 | USD 1,249.8 million |
| Growth rate | 13.4% (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, MEA region accounted for 10.1% 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 |
|---|
Middle East & Africa 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 85.22% in 2019. Horizon Databook has segmented the Middle East & Africa 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.
- Middle East & Africa Concentrated Solar Power Technology Outlook (Revenue, USD Million, 2016-2027)
- Parabolic Trough
- Linear Fresnel
- Dish
- Power Tower
- Middle East & Africa 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 continent-level data and insights on the Middle East & Africa concentrated solar power market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa concentrated solar power market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
MEA concentrated solar power market size, by country, 2016-2027 (US$M)
Middle East & Africa Concentrated Solar Power Market Outlook Share, 2019 & 2027 (US$M)
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