Global Concentrated Photovoltaic Market is projected to witness stable growth by 2023 at a CAGR of over 12% owing to the growing focus on non-conventional sources such as solar energy for power generation for the conservation of non-renewable sources of energy such as fossil fuels. Governments globally are trying to switch to renewable energy sources for power generation and thus have been providing schemes and subsidiaries. Rising government initiatives for the adoption of clean and renewable sources for energy generation is expected to have a positive impact on the growth of the market during the forecast period. Moreover, high efficiency and low-cost systems associated with the use of Concentrated Photovoltaic systems will ensure wider adoption of the technology and also drive the growth of the market in the next five years. Additionally, factors such as reduction in the prices of CPV modules, lower requirement of area for setting up plants coupled with the entry of major players in solar energy are anticipated to propel the growth of Global Concentrated Photovoltaic Market by 2023. 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. Asia-Pacific region is expected to lead the Concentrated Photovoltaic market in the next five years, due to growing shift towards renewable energy sources as a result of government initiatives in constituent countries like China and Japan.

 

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


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Some of the leading players in the Global 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 across the globe. 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 across the globe.

TechSci Research calculated the market size of Global 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, Global 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:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar 

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.

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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.    Global Concentrated Photovoltaic Market Landscape

6.    Global 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.    Asia-Pacific Concentrated 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 Concentration

7.2.3.     By Application

7.2.4.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Concentrated Photovoltaic Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Volume & Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Product

7.4.1.2.2.             By Application

7.4.2.     India Concentrated Photovoltaic Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Volume & Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Product

7.4.2.2.2.             By Application

7.4.3.     Japan Concentrated Photovoltaic Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Volume & Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Product

7.4.3.2.2.             By Application

7.4.4.     South Korea Concentrated Photovoltaic Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Volume & Value

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Product

7.4.4.2.2.             By Application

7.4.5.     Australia Concentrated Photovoltaic Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Volume & Value

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Product

7.4.5.2.2.             By Application

7.4.6.     Singapore Concentrated Photovoltaic Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Volume & Value

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Product

7.4.6.2.2.             By Application

7.4.7.     Malaysia Concentrated Photovoltaic Market Outlook

7.4.7.1.         Market Size & Forecast

7.4.7.1.1.             By Volume & Value

7.4.7.2.         Market Share & Forecast

7.4.7.2.1.             By Product

7.4.7.2.2.             By Application

8.    Europe Concentrated 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 Concentration

8.2.3.     By Application

8.2.4.     By Country

8.3.  Market Attractiveness Index

8.4.  Europe: Country Analysis

8.4.1.     France Concentrated Photovoltaic Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Volume & Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Product

8.4.1.2.2.             By Application

8.4.2.     Germany Concentrated Photovoltaic Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Volume & Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Product

8.4.2.2.2.             By Application

8.4.3.     United Kingdom Concentrated Photovoltaic Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Volume & Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Product

8.4.3.2.2.             By Application

8.4.4.     Italy Concentrated Photovoltaic Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Volume & Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Product

8.4.4.2.2.             By Application

8.4.5.     Spain Concentrated Photovoltaic Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Volume & Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Product

8.4.5.2.2.             By Application

9.    North America Concentrated Photovoltaic Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Volume & Value

9.2.  Market Share & Forecast

9.2.1.     By Product

9.2.2.     By Concentration

9.2.3.     By Application

9.2.4.     By Country

9.3.  Market Attractiveness Index

9.4.  North America: Country Analysis

9.4.1.     United States Concentrated Photovoltaic Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Volume & Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Product

9.4.1.2.2.             By Application

9.4.2.     Mexico Concentrated Photovoltaic Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Volume & Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Product

9.4.2.2.2.             By Application

9.4.3.     Canada Concentrated Photovoltaic Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Volume & Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Product

9.4.3.2.2.             By Application

10.  South America Concentrated Photovoltaic Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Volume & Value

10.2.              Market Share & Forecast

10.2.1.  By Product

10.2.2.  By Concentration

10.2.3.  By Application

10.2.4.  By Country

10.3.              Market Attractiveness Index

10.4.              South America: Country Analysis

10.4.1.  Brazil Concentrated Photovoltaic Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Volume & Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Product

10.4.1.2.2.           By Application

10.4.2.  Argentina Concentrated Photovoltaic Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Volume & Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Product

10.4.2.2.2.           By Application

10.4.3.  Colombia Concentrated Photovoltaic Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Volume & Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Product

10.4.3.2.2.           By Application

11.  Middle East and Africa Concentrated Photovoltaic Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Volume & Value

11.2.              Market Share & Forecast

11.2.1.  By Product

11.2.2.  By Concentration

11.2.3.  By Application

11.2.4.  By Country

11.3.              Market Attractiveness Index

11.4.              MEA: Country Analysis

11.4.1.  South Africa Concentrated Photovoltaic Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Volume & Value

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Product

11.4.1.2.2.           By Application

11.4.2.  Saudi Arabia Concentrated Photovoltaic Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Volume & Value

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Product

11.4.2.2.2.           By Application

11.4.3.  UAE Concentrated Photovoltaic Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Volume & Value

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Product

11.4.3.2.2.           By Application

11.4.4.  Qatar Concentrated Photovoltaic Market Outlook

11.4.4.1.      Market Size & Forecast

11.4.4.1.1.           By Volume & Value

11.4.4.2.      Market Share & Forecast

11.4.4.2.1.           By Product

11.4.4.2.2.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Supply Chain Analysis

15.  Policy & Regulatory

16.  Competitive Landscape

17. Strategic Recommendations

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