Product Code: IRTNTR73973
The parabolic trough concentrated solar power (CSP) market is forecasted to grow by USD 596.7 mn during 2023-2028, accelerating at a CAGR of 2.06% during the forecast period. The report on the parabolic trough concentrated solar power (CSP) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by change in energy mix, rise in investments in renewable energy, and increasing government support for renewable energy.
Technavio's parabolic trough concentrated solar power (CSP) market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 2.02% |
CAGR | 2.06% |
Incremental Value | $596.7 mn |
By Capacity
- Less than or equal to 50 MW
- More than 50 MW
By Type
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
This study identifies the solar thermal enhanced oil recovery as one of the prime reasons driving the parabolic trough concentrated solar power (CSP) market growth during the next few years. Also, growing application of parabolic trough CSP in seawater desalination and growing application of parabolic trough CSP in buildings will lead to sizable demand in the market.
The report on the parabolic trough concentrated solar power (CSP) market covers the following areas:
- Parabolic trough concentrated solar power (CSP) market sizing
- Parabolic trough concentrated solar power (CSP) market forecast
- Parabolic trough concentrated solar power (CSP) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading parabolic trough concentrated solar power (CSP) market vendors that include Abengoa SA, Absolicon Solar Collector AB, AGC Inc., ALANOD GmbH and Co. KG, Atlantica Sustainable Infrastructure PLC, Carl Zeiss Stiftung, Changzhou Longteng Photothermal Technology Co. Ltd., Greenville Energy and Research Inc., Grupo Ibereolica Renovables, HELIOVIS AG, Industrial Fabricators, Jetstream Energy Technologies Inc., Lanzhou Dacheng Technology Co. Ltd., Masdar, Parvolen CSP Technologies, SENER GRUPO DE INGENIERIA SA, Solabolic Gmbh, Solar Dynamics LLC, Solarlite CSP Technology GmbH, and SOLTIGUA SRL. Also, the parabolic trough concentrated solar power (CSP) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Capacity
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Parabolic Trough Concentrated Solar Power (CSP) Market 2018 - 2022
- Historic Market Size - Data Table on Global Parabolic Trough Concentrated Solar Power (CSP) Market 2018 - 2022 ($ million)
- 4.2 Capacity segment analysis 2018 - 2022
- Historic Market Size - Capacity Segment 2018 - 2022 ($ million)
- 4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Capacity
- 6.1 Market segments
- Chart on Capacity - Market share 2023-2028 (%)
- Data Table on Capacity - Market share 2023-2028 (%)
- 6.2 Comparison by Capacity
- Chart on Comparison by Capacity
- Data Table on Comparison by Capacity
- 6.3 Less than or equal to 50 MW - Market size and forecast 2023-2028
- Chart on Less than or equal to 50 MW - Market size and forecast 2023-2028 ($ million)
- Data Table on Less than or equal to 50 MW - Market size and forecast 2023-2028 ($ million)
- Chart on Less than or equal to 50 MW - Year-over-year growth 2023-2028 (%)
- Data Table on Less than or equal to 50 MW - Year-over-year growth 2023-2028 (%)
- 6.4 More than 50 MW - Market size and forecast 2023-2028
- Chart on More than 50 MW - Market size and forecast 2023-2028 ($ million)
- Data Table on More than 50 MW - Market size and forecast 2023-2028 ($ million)
- Chart on More than 50 MW - Year-over-year growth 2023-2028 (%)
- Data Table on More than 50 MW - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Capacity
- Market opportunity by Capacity ($ million)
- Data Table on Market opportunity by Capacity ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 7.3 U-shape - Market size and forecast 2023-2028
- Chart on U-shape - Market size and forecast 2023-2028 ($ million)
- Data Table on U-shape - Market size and forecast 2023-2028 ($ million)
- Chart on U-shape - Year-over-year growth 2023-2028 (%)
- Data Table on U-shape - Year-over-year growth 2023-2028 (%)
- 7.4 V-shape - Market size and forecast 2023-2028
- Chart on V-shape - Market size and forecast 2023-2028 ($ million)
- Data Table on V-shape - Market size and forecast 2023-2028 ($ million)
- Chart on V-shape - Year-over-year growth 2023-2028 (%)
- Data Table on V-shape - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.8 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ million)
- Data Table on Spain - Market size and forecast 2023-2028 ($ million)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
- 9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Abengoa SA
- Abengoa SA - Overview
- Abengoa SA - Product / Service
- Abengoa SA - Key offerings
- 12.4 Absolicon Solar Collector AB
- Absolicon Solar Collector AB - Overview
- Absolicon Solar Collector AB - Product / Service
- Absolicon Solar Collector AB - Key offerings
- 12.5 Atlantica Sustainable Infrastructure plc
- Atlantica Sustainable Infrastructure plc - Overview
- Atlantica Sustainable Infrastructure plc - Business segments
- Atlantica Sustainable Infrastructure plc - Key offerings
- Atlantica Sustainable Infrastructure plc - Segment focus
- 12.6 Carl Zeiss Stiftung
- Carl Zeiss Stiftung - Overview
- Carl Zeiss Stiftung - Business segments
- Carl Zeiss Stiftung - Key news
- Carl Zeiss Stiftung - Key offerings
- Carl Zeiss Stiftung - Segment focus
- 12.7 Changzhou Longteng Photothermal Technology Co. Ltd.
- Changzhou Longteng Photothermal Technology Co. Ltd. - Overview
- Changzhou Longteng Photothermal Technology Co. Ltd. - Product / Service
- Changzhou Longteng Photothermal Technology Co. Ltd. - Key offerings
- 12.8 Grupo Ibereolica Renovables
- Grupo Ibereolica Renovables - Overview
- Grupo Ibereolica Renovables - Product / Service
- Grupo Ibereolica Renovables - Key offerings
- 12.9 HELIOVIS AG
- HELIOVIS AG - Overview
- HELIOVIS AG - Product / Service
- HELIOVIS AG - Key offerings
- 12.10 Lanzhou Dacheng Technology Co. Ltd.
- Lanzhou Dacheng Technology Co. Ltd. - Overview
- Lanzhou Dacheng Technology Co. Ltd. - Product / Service
- Lanzhou Dacheng Technology Co. Ltd. - Key offerings
- 12.11 Masdar
- Masdar - Overview
- Masdar - Product / Service
- Masdar - Key offerings
- 12.12 Parvolen CSP Technologies
- Parvolen CSP Technologies - Overview
- Parvolen CSP Technologies - Product / Service
- Parvolen CSP Technologies - Key offerings
- 12.13 SENER GRUPO DE INGENIERIA SA
- SENER GRUPO DE INGENIERIA SA - Overview
- SENER GRUPO DE INGENIERIA SA - Product / Service
- SENER GRUPO DE INGENIERIA SA - Key offerings
- 12.14 Solabolic Gmbh
- Solabolic Gmbh - Overview
- Solabolic Gmbh - Product / Service
- Solabolic Gmbh - Key offerings
- 12.15 Solar Dynamics LLC
- Solar Dynamics LLC - Overview
- Solar Dynamics LLC - Product / Service
- Solar Dynamics LLC - Key offerings
- 12.16 Solarlite CSP Technology GmbH
- Solarlite CSP Technology GmbH - Overview
- Solarlite CSP Technology GmbH - Product / Service
- Solarlite CSP Technology GmbH - Key offerings
- 12.17 SOLTIGUA SRL
- SOLTIGUA SRL - Overview
- SOLTIGUA SRL - Product / Service
- SOLTIGUA SRL - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations