China Concentrated Photovoltaic (CPV) Market is expected to witness growth at a robust CAGR by 2023, owing to the rising need for shifting to cleaner sources of power generation over conventional sources such as coal. China’s Shenhua Group, the world’s largest provider of coal, formed a deal with SolarReserve to build 1,000 megawatts concentrated solar power system in China, which will enable robust growth of CPV Market in China in the next five years. China has plans to install more than 10,000 megawatts of concentrated solar capacity over the next five years. Additionally, favourable government-backed incentives like renewable energy certificates, carbon credits are expected have a positive impact on the market in the next five years. Factors such as reduction in prices of Concentrated Photovoltaic equipment, comparatively lower capital equipment coupled with the rising use of High CPV for large-scale power generation will drive the growth of the market in China from 2019-2023. Additionally, growing demand of refractors for ensuring maximum efficiency is likely to have a positive impact on the growth of the market during forecast period. Based on the concentration, the high concentration photovoltaic segment is expected to lead the market in the next five years due to widespread use in large-scale power plants as a result of high efficiency of individual modules which enable the reduction of area-related costs. Based on the application, the utility segment is expected to lead the market in the next five years, due to reduction in CPV prices, which has led to adoption of CPV over PV by manufactures.


Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyse and forecast the market size of China Concentrated Photovoltaic Market, in terms of volume and value.
  • To classify and forecast China Concentrated Photovoltaic based on product, concentrations, applications and regional distribution.
  • To identify drivers and challenges for China Concentrated Photovoltaic Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in China Concentrated Photovoltaic Market.
  • To conduct the pricing analysis for China Concentrated Photovoltaic Market.
  • To identify and analyse the profile of leading service providers involved in the China Concentrated Photovoltaic Market.

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Some of the leading players in the China Concentrated Photovoltaic Market are Amonix, Isofoton S.A., Magpower, Ravano Green Powers, Semprius Inc., Soitec, Solar Junction, Solarsystem, Suncore Photovoltaic Technology Co. Ltd, Sunpower Corporation etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers in China. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the distribution channels and presence of all major service providers in China.

TechSci Research calculated the market size of China Concentrated Photovoltaic Market using a bottom-up approach, where value data for power line were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Manufacturers.
  • Power Generation Companies
  • Dealers and suppliers
  • Mineral oil companies
  • Environmental and industrial associations
  • Research organizations and consulting companies.
  • Government Institutions.
  • Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, vendors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, China Concentrated Photovoltaic Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Product:
    • Reflectors
    • Refractors
  • Market, By Concentration:
    • High Concentration Photovoltaic
    • Low Concentration Photovoltaic
  • Market, By Application:
    • Commercial
    • Utility-Scale
    • Others
  • Market, by Region:
    • South-Central
    • South-West
    • East
    • North & North-East
    • North-West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Concentrated Photovoltaic Market segment.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customers

4.1.  Product Pricing

4.2.  Product Quality

4.3.  Product After Sale Services

5.    China Concentrated Photovoltaic Market Landscape

6.    China Concentrated Photovoltaic Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Volume & Value

6.2.  Market Share & Forecast

6.2.1.     By Product (Reflectors and Refractors)

6.2.2.     By Concentration (High Concentration Photovoltaic and Low Concentration Photovoltaic)

6.2.3.     By Application (Commercial, Utility-Scale and Others)

6.2.4.     By Company

6.2.5.     By Region

6.3.  Market Attractiveness Index

7.    China High Concentration Photovoltaic Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Volume & Value

7.2.  Market Share & Forecast

7.2.1.     By Product

7.2.2.     By Application

7.3.  Market Attractiveness Index

8.    China Low Concentration Photovoltaic Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Volume & Value

8.2.  Market Share & Forecast

8.2.1.     By Product

8.2.2.     By Application

8.3.  Market Attractiveness Index

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Supply Chain Analysis

12.  Policy & Regulatory

13.  China Economic Profile

14.  Competitive Landscape

15. Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]