SYS-CON MEDIA Authors: Adrian Bridgwater, Yeshim Deniz, Elizabeth White, Sean Houghton, Glenn Rossman

News Feed Item

Global Concentrated Solar Power (CSP) Market is Expected to Reach USD 8,674.7 million in 2020: Transparency Market Research

ALBANY, New York, August 12, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Concentrated Solar Power Market for product segment (Parabolic Trough, Tower, Fresnel and Dish Sterling) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2020", global concentrated solar power market was valued at USD 2,507.4 million in 2013 and is expected to reach 8,674.7 million in 2020, growing at a CAGR of 19.4% from 2014 to 2020.

Growing concerns towards declining fossil fuel reserves, rising demand of power in industrial, commercial and residential sectors is expected to bolster CSP market growth. Furthermore, rising concerns over greenhouse gases emissions and increasing prices of power generation from fossil fuels are expected to enhance the overall market growth. Rising awareness in several countries to reduce carbon emissions and the urge to find an alternate solution of clean and sustainable source is likely to bolster the overall demand. Key challenges faced by the market participants include immature technology and high cost of power generation which are expected to curb market growth. However, research and development is hopeful to overcome the challenge.

Browse the full Concentrated Solar Power (CSP) Market Report at http://www.transparencymarketresearch.com/concentrated-solar-power-market.html

Growing popularity of CSP technology in power generation is likely to bolster the overall demand over the forecast period. CSP market is segmented on the basis of technologies such as Parabolic Trough, Tower, Fresnel and Dish Sterling. In terms of volume (MW), the Parabolic trough technology segment is likely to grow at a CAGR 20.3% from 2014 to 2020.

Europe dominated global CSP market in 2013, accounting for more than 43.00% of the overall market in 2013 and is expected to grow with a CAGR of 20.2% from 2014 to 2020. North America accounted for nearly 31.21% market share in 2013 and is expected to grow at a CAGR of 22% from 2014 to 2020. Rising demand for clean energy in North America attributed to overall market growth. Asia Pacific accounted for nearly 15.08% of the market share in 2013 and is expected to grow at a CAGR of 19.5% from 2014 to 2020. China and India are some of the countries that are expected to witness a surge in CSP demand owing to rise in regulatory interventions. Key participants in the market include Abengoa Solar, S.A., Acciona, S.A., BrightSource Energy, Inc., Ibereolica Group, NextEra Energy, LLC., SolarReserve LLC., and GDF SUEZ. The report provides an overview of these companies followed by their product portfolio, business strategies, and recent developments.

Related & Recently Published Reports by Transparency Market Research 

This research analyzes and estimates the performance and market of CSP in the global scenario, providing detailed trend analysis of the market by geography and comprehensive analysis of companies that are dealing in CSP market. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the CSP market as below:

Concentrated Solar Power Market: Product Segment Analysis 

- Parabolic Trough

- Tower

- Fresnel

- Dish Sterling

Concentrated Solar Power Market: Regional Analysis 

- North America

- Europe

- Asia-Pacific

- Rest of World (RoW)


Browse All Energy & Mining Market Research Reports @ http://www.transparencymarketresearch.com/energy-market-reports-3.html

About Us  

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact 

Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com/
Company Blog: http://www.tmrblog.com/
Blog: http://transparencymarketresearch.areavoices.com/
Blog: http://www.techyounme.com/
Browse All PR: http://www.transparencymarketresearch.com/press-releases.htm
Browse All Articles: http://www.transparencymarketresearch.com/articles.htm

Browse Press Release of Concentrated Solar Power (CSP) Market at @ http://www.transparencymarketresearch.com/pressrelease/concentrated-solar-power-market.htm


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
This builds on Puppet Labs' first class Windows support, including native .MSI packages for x32 and x64 operating systems, modules to extend common Windows server management tools, including Powershell, and integrations with Microsoft Azure and Visual Studio. By automating common Windows administration tasks, Puppet Labs is enabling users to adopt DevOps practices, thereby reducing the time needed to deploy applications from weeks to hours.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
SYS-CON Media announced today that Skytap blog on "DevOps Journal" exceeded 84,000 story reads. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Noel Wurst is the managing content editor at Skytap. Skytap provides SaaS-based dev/test environments to the enterprise. Skytap solution removes the inefficiencies and constraints that comp...