Morocco Concentrated Solar Power Market Size & Outlook

The concentrated solar power market in Morocco is expected to reach a projected revenue of US$ 1,101.1 million by 2027. A compound annual growth rate of 12.5% is expected of Morocco concentrated solar power market from 2020 to 2027.
Revenue, 2019 (US$M)
$427.8
Forecast, 2027 (US$M)
$1,101.1
CAGR, 2020 - 2027
12.5%
Report Coverage
Morocco

Morocco concentrated solar power market highlights

  • The Morocco concentrated solar power market generated a revenue of USD 427.8 million in 2019 and is expected to reach USD 1,101.1 million by 2027.
  • The Morocco market is expected to grow at a CAGR of 12.5% 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.

Concentrated solar power market data book summary

Market revenue in 2019USD 427.8 million
Market revenue in 2027USD 1,101.1 million
Growth rate12.5% (CAGR from 2019 to 2027)
Largest segmentParabolic trough
Fastest growing segmentDish
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationParabolic Trough, Linear Fresnel, Dish, Power Tower
Key market players worldwideSiemens 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, Morocco accounted for 9.4% of the global concentrated solar power market in 2019.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2027.
  • In Middle East & Africa, Morocco concentrated solar power market is projected to lead the regional market in terms of revenue in 2027.
  • Algeria is the fastest growing regional market in Middle East & Africa and is projected to reach USD 59.4 million by 2027.

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Concentrated Solar Power Market Scope

Concentrated Solar Power Market Companies

Name Profile # Employees HQ Website

Morocco 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 85.04% in 2019. Horizon Databook has segmented the Morocco 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.


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

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Target buyers of Morocco concentrated solar power market databook

  • Our clientele includes a mix of concentrated solar power market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Morocco concentrated solar power market , including forecasts for subscribers. This country databook contains high-level insights into Morocco concentrated solar power market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Morocco concentrated solar power market size, by technology, 2016-2027 (US$M)

Morocco Concentrated Solar Power Market Outlook Share, 2019 & 2027 (US$M)

Morocco concentrated solar power market size, by technology, 2016-2027 (US$M)

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