Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market by product type, application, key manufacturers and key regions
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market for 2018-2023.Molten Salt Solar Energy Thermal Storage refers to a kind of thermal energy storage method, which is widely used in the CSP system.
Concentrated Solar Power (CSP) (also called concentrating solar power, concentrated solar thermal, and CSP) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight, or solar thermal energy, onto a small area. Electricity is generated when the concentrated light is converted to heat, which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction.Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) is in its infancy in terms of deployment compared to the other renewable power generation technologies, with 995 MW of CSP installed worldwide in 2016The current CSP market is dominated by parabolic trough around 82.61% of installed capacity in 2016, and will increase to 2505 MW in 2022.The cost of the CSP systems construction will decrease from 3.50 USD/W in 2016 to 2.53 USD/W in 2022, which will depend on the rate of growth in CSP deployment.
Over the next five years, LPI(LP Information) projects that Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) will register a 24.4% CAGR in terms of revenue, reach US$ 11900 million by 2023, from US$ 3220 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
This report also splits the market by region:
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
Concentrated Solar Power (CSP) (also called concentrating solar power, concentrated solar thermal, and CSP) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight, or solar thermal energy, onto a small area. Electricity is generated when the concentrated light is converted to heat, which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction.Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) is in its infancy in terms of deployment compared to the other renewable power generation technologies, with 995 MW of CSP installed worldwide in 2016The current CSP market is dominated by parabolic trough around 82.61% of installed capacity in 2016, and will increase to 2505 MW in 2022.The cost of the CSP systems construction will decrease from 3.50 USD/W in 2016 to 2.53 USD/W in 2022, which will depend on the rate of growth in CSP deployment.
Over the next five years, LPI(LP Information) projects that Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) will register a 24.4% CAGR in terms of revenue, reach US$ 11900 million by 2023, from US$ 3220 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Parabolic Trough Systems
- Power Tower Systems
- Dish/Engine Systems
- Others
- Generate Electricity
- Industrial Heating
- Other
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- BrightSource Energy
- Abengoa
- Areva
- Acciona
- ESolar
- SolarReserve
- Wilson Solarpower
- Novatec
- Shams Power
- ACWA
- SUPCON
- Thai Solar Energy
- Sunhome
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market by identifying its various subsegments.Focuses on the key global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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