Concentrated Solar Power Market demand from power tower to grow over 23% from 2016 to 2025

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Concentrated Solar Power Market share to hit 24
GW by 2025 Fractovia.org
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Key Insights of Concentrated Solar Power Market

• An outlook on Concentrated Solar Power Market
  growth is presented in this latest research
  report that reviews industry growth drivers,
  trends, regional factors companies as well as
  provides forecasts for next few years.
• The shifting global focus toward renewable energy
  sources will lead to concentrated solar power
  market exhibiting a flourishing growth rate in
  the years ahead. The industry participants can
  expect lucrative growth opportunities in the
  future to generate significant revenue from
  concentrated solar power market. To expand their
  business presence across the globe, many of the
  market players are adopting strategies such as
  mergers and acquisitions joint ventures. As per
  the report by Global Market Insights, Inc., The
  installation capacity of concentrated solar power
  market will cross the limit of 24 GW by 2025.
  This industry collected a revenue of USD 30
  billion in 2015, owing to the benefits that CSP
  plants offer for electric grids in terms of
  backup and storage.
• To overcome the energy deficiency caused due to
  the depletion of fossil fuels and reduce GHG
  emissions, the world is shifting its focus toward
  renewable energy. This, in turn, will boost
  concentrated solar power market share noticeably.
  U.S. concentrated solar power industry generated
  a revenue of more than USD 12 billion in 2015 and
  is predicted to record a considerable growth rate
  the years ahead.

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Continued

• The attributing factor toward the industry growth
  is implementation of stringent governmental norms
  to reduce the carbon content in the environment.
  In addition, financial support from the
  government in terms of tax subsidies and tariff
  will fuel concentrated solar power market trends
  noticeably.
• Technological advancements and huge investments
  in RD will remarkably alter the growth curve of
  concentrated solar power industry over the coming
  years of 2016 to 2025. Based on technology, power
  tower will register an annual growth rate of more
  than 23 over the years ahead, owing to its
  enhanced performance, low cost, high efficiency,
  and large capacity. Speaking of Spain, in 2013,
  the country fulfilled more than 3.1 of the
  electricity demand from photovoltaic plants and
  1.8 with concentrated solar power plants.
  Government encouragement toward the adoption of
  clean energy will stimulate Spain concentrated
  solar power market share, which is anticipated to
  surpass a capacity of 3.5 GW by 2025.
• Parabolic trough technology accounted for more
  than 70 revenue share in 2015 and will exhibit
  considerable growth rate over the period of 2016
  to 2025, primarily driven by its
  cost-effectiveness as well as high efficiency as
  compared to the other technologies. Linear
  Fresnel is also another lucrative technology
  segment, which will surpass a revenue collection
  of USD 9 billion by 2025.

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Continued

• Chile concentrated solar power market will
  exhibit lucrative growth rate of more than 27
  over the period of 2016 to 2025. The fact the
  major industry giants have planned potential
  solar power projects in the region due to
  favorable climatic conditions will push the
  regional growth.
• India concentrated solar power market was worth
  around USD 1 billion in 2015 and will generate
  lucrative revenue over the coming timeframe,
  primarily driven by the steps the government has
  taken toward the production of energy from
  renewable sources. The government is also
  providing significant funding to install CSPs
  across the country to fulfill the increasing
  electricity demand.
• Morocco concentrated solar power industry will
  collect a revenue of more than USD 5 billion by
  2025, mainly driven by the favorable steps taken
  by the Moroccan Agency for Solar Energy to
  install a solar power plant of capacity 2 GW.
• The noteworthy participants in concentrated solar
  power market are BrightSource Energy, NextEra
  Energy Resources, Siemens, Areva, Solar Reserve,
  Solar Millennium, Abengoa, TSK Flagsol, Acciona,
  and eSolar.

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Global Concentrated Solar Power (CSP) Market
installed capacity, by technology 2016 2025
(GW)

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Table of Contents
Chapter 1 Methodology Scope 1.1 Research
Methodology 1.1.1 Initial data
exploration 1.1.2 Statistical model and
forecast 1.1.3 Industry insights and
validation 1.1.4 Research scope and
assumptions 1.2 Data Sources 1.2.1. Primary
sources 1.2.2. Secondary sources Chapter 2
Executive Summary 2.1 Concentrated solar
power industry 3600 synopsis, 2014 - 2025 2.1.1
Business trends 2.1.2 Technology trends 2.1.3
Regional trends
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Continued
Chapter 3 CSP Industry Insights 3.1
Industry segmentation 3.2 Industry size
forecast, 2014 2025 3.3 Industry ecosystem
analysis 3.3.1 Vendor matrix 3.4 Price
trend analysis 3.4.1 Cost structure, by
component 3.5 Innovation sustainability 3.6
Regulatory trends impact forecast 3.6.1
U.S. 3.6.2 Spain 3.6.3 India 3.6.4
China 3.6.5 Morocco 3.6.6 UAE 3.6.7
South Africa 3.6.8 Chile
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Continued
3.7 Industry impact forces 3.7.1 Growth
drivers 3.7.1.1 Favorable government
initiatives 3.7.1.2 Rising electricity
demand 3.7.1.3 Increasing clean energy demand
3.7.2 Industry pitfalls
challenges 3.7.2.1 High initial
investment 3.7.2.2 Availability of other
alternative sources 3.8 Growth potential
analysis 3.9 Porters analysis 3.10
Competitive landscape, 2015 3.10.1 Strategy
dashboard 3.11 PESTEL analysis
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