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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 3.46 billion

Market Size (2030)

USD 6.47 billion

CAGR (2025-2030)

10.84%

Fastest Growing Segment

Concentrating Photovoltaics (CPV)

Largest Market

Middle East and Africa

Market Overview

The Global Concentrating Solar Collectors Market was valued at USD 3.46 Billion in 2024 and is expected to reach USD 6.47 Billion by 2030 with a CAGR of 10.84% during the forecast period.

The Concentrating Solar Collectors market refers to the industry focused on technologies that harness solar energy by using mirrors or lenses to concentrate sunlight onto a small area to produce heat. This concentrated thermal energy is then typically used to generate electricity through steam turbines or engines, or to serve industrial process heating needs. These systems are primarily used in utility-scale power plants but are also gaining traction in various industrial applications such as water desalination, enhanced oil recovery, and large-scale heating. Concentrating solar collectors are available in various types including parabolic troughs, Fresnel reflectors, dish Stirling systems, and solar towers, each offering unique benefits based on the intended application and geographic location.

The market for concentrating solar collectors is expected to grow significantly in the coming years due to increasing global energy demand and the urgent need to reduce carbon emissions. Governments around the world are setting ambitious renewable energy targets, and concentrating solar technologies are being promoted as viable solutions to meet these goals. Incentives such as tax rebates, subsidies, and renewable portfolio standards are also encouraging investment in solar thermal projects. In addition, the cost of components such as mirrors, receivers, and tracking systems is gradually declining due to technological advancements and economies of scale, making these systems more economically viable.

Key Market Drivers

Growing Global Demand for Renewable Energy

The escalating global demand for renewable energy sources is a primary driver for the Concentrating Solar Collectors Market, as nations strive to meet ambitious decarbonization targets and reduce reliance on fossil fuels. Concentrating solar collectors, which harness solar radiation to generate thermal energy for electricity production or industrial processes, offer a scalable solution for clean energy generation, particularly in regions with high solar irradiance.

This demand is fueled by increasing energy consumption, driven by population growth, urbanization, and industrial expansion, alongside heightened awareness of climate change impacts. International commitments, such as the Paris Agreement, compel governments to prioritize renewable technologies, with concentrating solar power (CSP) systems playing a critical role due to their ability to provide dispatchable energy through thermal storage. Unlike photovoltaic systems, concentrating solar collectors can store heat for power generation after sunset, addressing the intermittency challenges of renewable energy.

Regions like the Middle East, North Africa, and South Asia, endowed with abundant sunlight, are investing heavily in CSP projects to diversify energy portfolios and enhance energy security. For instance, Saudi Arabia’s Vision 2030 includes plans for 60 gigawatts of renewable capacity, with CSP as a key component. The technology’s versatility also supports applications beyond electricity, such as industrial process heat and desalination, further expanding its market potential. Technological advancements, including improved collector designs like parabolic troughs and solar towers, enhance efficiency, reducing the levelized cost of energy and making CSP competitive with traditional energy sources.

Government incentives, such as feed-in tariffs and tax credits, further accelerate adoption by mitigating financial risks for project developers. However, challenges like high capital costs and land requirements persist, necessitating continued innovation and policy support. The integration of concentrating solar collectors with hybrid systems, combining CSP with natural gas or biomass, enhances reliability and attracts investment. As global energy markets transition toward sustainability, the Concentrating Solar Collectors Market benefits from its alignment with environmental goals and its capacity to deliver reliable, large-scale renewable energy, positioning it as a cornerstone of the clean energy ecosystem.

 

In 2023, the International Renewable Energy Agency (IRENA) reported that global concentrating solar power capacity reached 6.8 gigawatts, with 1.2 gigawatts added in the Middle East and North Africa. By 2030, IRENA projects CSP capacity to grow to 20 gigawatts, driven by 40% of new installations in sun-rich regions, contributing 500 terawatt-hours annually to global renewable energy production.

 

Advancements in Thermal Energy Storage Technologies

Advancements in thermal energy storage (TES) technologies significantly propel the Concentrating Solar Collectors Market by enhancing the dispatchability and reliability of concentrating solar power systems. Unlike photovoltaic systems, which depend on direct sunlight, concentrating solar collectors paired with TES can store thermal energy in molten salts or other media, enabling electricity generation during non-solar hours or peak demand periods.

This capability addresses the intermittency of renewable energy, making CSP a viable alternative to fossil fuel-based power plants. Recent innovations, such as high-temperature molten salt systems operating above 600°C, improve storage efficiency by 15% compared to earlier designs, reducing energy losses and extending storage duration to over 100 hours. These advancements lower the levelized cost of energy, making CSP projects more attractive to investors and utilities. For example, projects like the Noor III solar tower in Morocco utilize advanced TES to provide 7 hours of full-load operation after sunset, demonstrating commercial viability. The ability to deliver consistent power aligns with the needs of modern grids, particularly in regions with high evening demand.

Additionally, TES enables concentrating solar collectors to support industrial applications, such as process heat for cement production, which require stable thermal output. Government-funded research, such as the U.S. Department of Energy’s Gen3 CSP program, is driving further improvements in storage media, including solid-state and phase-change materials, which promise 20% cost reductions by 2030. However, challenges like material corrosion and high upfront costs require ongoing investment. The integration of TES with concentrating solar collectors also supports grid stability by providing ancillary services like frequency regulation. As utilities prioritize flexible, renewable energy sources, the Concentrating Solar Collectors Market benefits from TES innovations, which enhance system performance and economic competitiveness, positioning CSP as a critical technology for sustainable energy systems.

 

The U.S. Department of Energy reported in 2024 that CSP plants with thermal energy storage achieved 70% capacity factors, compared to 25% for photovoltaic systems without storage. In 2023, 80% of new CSP installations globally incorporated TES, contributing 1.5 gigawatts of dispatchable capacity, with storage costs declining 58% since 2010, per IRENA data.

 

Supportive Government Policies and Incentives

Supportive government policies and financial incentives are pivotal in driving the Concentrating Solar Collectors Market by reducing barriers to adoption and fostering investment in concentrating solar power infrastructure. Governments worldwide are implementing renewable energy mandates, feed-in tariffs, tax credits, and low-interest loans to accelerate CSP deployment, aligning with national decarbonization and energy security goals. For instance, China’s 14th Five-Year Plan prioritizes CSP development, targeting 10 gigawatts of capacity by 2030, supported by subsidies for pilot projects. Similarly, the European Union’s Green Deal provides grants for CSP innovation, encouraging cross-border projects in sun-rich regions like Spain and Greece.

These policies mitigate the high capital costs of CSP plants, which require significant upfront investment for collectors, receivers, and storage systems. In developing economies, international financing from institutions like the World Bank supports CSP projects, such as India’s 100-megawatt CSP plant in Rajasthan, funded through the Clean Technology Fund. Regulatory frameworks, such as renewable portfolio standards, compel utilities to procure clean energy, boosting demand for CSP. Additionally, carbon pricing mechanisms in regions like the EU incentivize CSP adoption by increasing the cost of fossil fuel-based power.

However, inconsistent policy frameworks and bureaucratic delays can hinder project development, necessitating streamlined permitting processes. The standardization of CSP components, supported by government-backed research, further reduces costs and enhances scalability. As global energy policies emphasize sustainability, the Concentrating Solar Collectors Market benefits from a favorable regulatory environment, which attracts private investment and supports long-term growth, positioning CSP as a strategic asset in the renewable energy landscape.

In 2022, the World Bank allocated USD750 million to CSP projects in developing countries, enabling 600 megawatts of new capacity. By 2024, 65% of global CSP installations benefited from government incentives, contributing 4.4 gigawatts to renewable energy grids, according to the International Energy Agency’s renewable energy progress report.

Increasing Industrial Demand for Process Heat

The rising demand for sustainable process heat in industrial sectors is a significant driver for the Concentrating Solar Collectors Market, as industries seek to decarbonize operations and reduce energy costs. Concentrating solar collectors provide high-temperature heat (up to 400°C) for applications like steam generation, chemical processing, and food production, offering a renewable alternative to fossil fuel-based systems.

Industries such as cement, steel, and desalination, which account for 30% of global energy consumption, are increasingly adopting CSP to meet environmental regulations and corporate sustainability goals. For example, Oman’s Miraah project uses concentrating solar collectors to generate steam for enhanced oil recovery, reducing natural gas consumption by 80%. The technology’s ability to deliver consistent thermal output, especially when paired with thermal storage, aligns with the continuous operational needs of industrial facilities. Advancements in collector designs, such as linear Fresnel systems, improve efficiency and reduce land use, making CSP viable for industrial sites with space constraints.

Falling costs of CSP components, driven by economies of scale and manufacturing improvements, enhance its competitiveness against traditional fuels. However, challenges like integration with existing infrastructure and high initial costs require tailored financing models. Government incentives, such as India’s Solar Thermal Program, support industrial CSP adoption by offering capital subsidies. As industries face pressure to reduce carbon footprints, the Concentrating Solar Collectors Market benefits from its ability to deliver reliable, high-temperature heat, driving growth in industrial applications.

In 2023, the International Energy Agency reported that industrial process heat from CSP systems reached 500 megawatts globally, with 200 megawatts added in the Middle East for desalination and oil recovery. By 2030, CSP is projected to supply 2% of global industrial heat demand, saving 50 million tons of CO2 annually.

  

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Key Market Challenges

High Capital Investment and Long Payback Period

One of the primary challenges impeding the large-scale deployment of concentrating solar collectors is the high initial capital investment associated with their development, construction, and integration. Unlike conventional photovoltaic systems that have seen significant reductions in component and installation costs, concentrating solar collectors—especially technologies like parabolic troughs and solar towers—require complex infrastructure such as heliostats, heat transfer systems, thermal storage units, and large tracts of land. The capital expenditure involved in setting up a utility-scale concentrating solar power facility can range significantly higher than that of equivalent capacity photovoltaic installations.

Moreover, these systems often necessitate additional civil and mechanical engineering inputs, such as precise solar tracking mechanisms and high-temperature resistant materials, which further drive up the cost. Although concentrating solar collectors offer the benefit of integrated energy storage, enabling dispatchable solar power, this advantage comes at an elevated financial cost. For investors and stakeholders in emerging economies or regions with constrained access to financing, these high capital requirements can serve as a significant deterrent.

The long payback period associated with concentrating solar collector installations also presents a financial challenge. Despite low operating costs and zero fuel requirements, the extended duration needed to recover the initial investment—typically ranging from 8 to 15 years depending on the project scale and local policy environment—can make investors wary, particularly in regions where policy stability is uncertain. While governmental subsidies, tax credits, and green financing mechanisms can help to some extent, the availability of such instruments is often inconsistent across geographies.

The complexity of securing power purchase agreements for concentrating solar power plants adds another layer of difficulty. Many utilities prefer photovoltaic installations due to their lower upfront cost and simplicity in deployment. Until the cost differential narrows and policy frameworks more aggressively incentivize thermal-based solar solutions with integrated storage, capital investment and return on investment will remain major bottlenecks in the expansion of the concentrating solar collectors market.

 

Land and Water Requirements in Resource-Constrained Regions

Another major constraint facing the concentrating solar collectors market is the intensive requirement for both land and water resources, which significantly limits project feasibility in certain geographic and regulatory environments. Concentrating solar collector systems, particularly those based on solar tower and parabolic trough technologies, require vast expanses of land to install mirrors and tracking systems that align precisely with the sun’s movement throughout the day. This large land footprint becomes a pressing issue in regions with high population densities, competing land-use priorities, or restrictive zoning laws.

Additionally, the optimal functioning of these systems often depends on direct normal irradiance, meaning they need to be situated in areas with high and consistent sunlight, which may not always align with regions that have suitable land availability. In densely populated countries or industrial zones, acquiring or leasing land for such expansive infrastructure can be both politically sensitive and economically prohibitive. Environmental impact assessments and community opposition can further delay project timelines and increase compliance costs.

Compounding the land use issue is the substantial water requirement associated with certain concentrating solar collector technologies. For example, parabolic trough and solar tower systems that use steam turbines typically require water for steam generation and cooling purposes. In arid and semi-arid regions—often the best locations in terms of solar irradiance—water scarcity is already a significant concern. Deploying water-intensive solar thermal systems in such areas can create competition between industrial, agricultural, and residential water users, leading to potential socio-political backlash.

While dry-cooling technologies and hybrid cooling systems offer alternatives, they often come with trade-offs in terms of reduced thermal efficiency and increased capital cost. For developers and policymakers alike, balancing the high solar potential of a region with its land and water constraints remains a formidable challenge. Until technology evolves to significantly reduce these resource dependencies or alternative configurations are widely adopted, land and water usage will continue to limit the scalability and geographical deployment of concentrating solar collector projects.

Key Market Trends

Integration of Thermal Energy Storage for Dispatchable Power Supply

A key trend in the concentrating solar collectors market is the growing integration of thermal energy storage systems to ensure a continuous and dispatchable power supply. Unlike photovoltaic systems that only generate electricity during daylight hours, concentrating solar collectors—particularly those used in solar thermal power plants—can store excess thermal energy using molten salt or other advanced materials. This stored heat can then be used to generate electricity during cloudy periods or after sunset, improving grid stability and reliability.

The increasing deployment of renewable energy has heightened concerns regarding intermittency, prompting utilities and grid operators to seek more flexible power sources. Concentrating solar systems with integrated storage address this issue by offering time-shifting capabilities, enabling the supply of solar electricity on demand. As countries move toward decarbonizing their energy systems and phasing out fossil fuel-based peaker plants, this ability to provide firm, on-demand renewable power positions concentrating solar collectors as a critical component of the future energy mix.

Furthermore, the levelized cost of electricity for concentrating solar power systems with storage is becoming increasingly competitive, especially in sunny regions. This has led to a rise in large-scale project announcements across the Middle East, North Africa, and parts of Asia. Governments and private sector players are also investing in research and development to improve the efficiency and cost-effectiveness of thermal storage technologies, which will further accelerate their adoption.

Emergence of Hybrid Renewable Energy Systems

The emergence of hybrid renewable energy systems is a significant trend in the concentrating solar collectors market, reflecting a shift toward integrated and multi-source energy generation. In response to the limitations of single-source renewables, project developers and utilities are increasingly combining concentrating solar thermal technologies with other energy sources—such as photovoltaics, wind power, and even biomass—to create hybrid plants that optimize resource availability and enhance power reliability.

Concentrating solar collectors are particularly well-suited to hybridization due to their thermal storage capabilities and compatibility with conventional steam turbines. For example, hybrid solar-thermal and natural gas plants can maintain base-load power generation while reducing carbon emissions. Similarly, combining solar thermal collectors with photovoltaic systems allows for simultaneous generation of thermal and electrical energy, maximizing land use efficiency and infrastructure investment.

This trend is particularly prominent in regions with variable climate conditions or energy demand profiles that fluctuate throughout the day. Hybrid systems enable smoother load balancing and better grid integration, thus attracting regulatory support and financial incentives. In some instances, hybrid installations are also being linked with desalination plants and industrial heating facilities, further diversifying their use cases.

The rising adoption of hybrid energy solutions is driving innovations in control systems, energy management software, and forecasting tools that allow seamless integration of different energy inputs. These technological advancements are creating new business models for energy producers and improving the bankability of projects.

As the global energy landscape becomes more complex and decentralized, the ability to build robust, flexible, and cost-effective hybrid energy systems will become a defining feature of future concentrating solar collector deployments.

Advancements in Receiver and Reflector Technologies

Advancements in receiver and reflector technologies are playing a pivotal role in enhancing the efficiency and cost-effectiveness of concentrating solar collectors, marking a critical trend in this evolving market. The performance of concentrating solar systems largely depends on the precision and durability of their optical and thermal components. Recent innovations in materials science and engineering have led to the development of highly reflective coatings, corrosion-resistant materials, and more efficient heat transfer fluids that are significantly improving energy conversion rates.

High-efficiency receivers capable of operating at elevated temperatures with reduced thermal losses are being adopted in new-generation parabolic trough and solar tower projects. These improvements are essential for maximizing energy capture and reducing operational costs, particularly in regions with high solar irradiance. Similarly, developments in reflector materials—such as silver-based mirrors with protective coatings—are enhancing reflectivity and lifespan, thereby reducing maintenance requirements and extending the operating life of solar fields.

Automation and artificial intelligence are also being integrated into maintenance systems for real-time monitoring and optimization of reflector alignment and receiver temperature. This not only minimizes human error but also ensures consistent performance and early detection of component degradation. Furthermore, modular and pre-fabricated components are enabling faster and more cost-effective installation, making concentrating solar projects more viable even for mid-sized industrial applications.

Segmental Insights

Type Insights

In 2024, the parabolic trough segment dominated the concentrating solar collectors market and is expected to maintain its leading position throughout the forecast period. Parabolic trough collectors are the most mature and widely adopted technology within the concentrating solar collectors domain, primarily due to their proven performance, commercial viability, and scalability for large-scale power generation. These systems utilize parabolically curved, trough-shaped reflectors that concentrate sunlight onto a receiver tube positioned at the focal line of the trough.

The heat collected is transferred via a heat transfer fluid, typically synthetic oil, which is then used to generate steam for power production. The inherent design of parabolic trough systems allows for relatively simple installation and integration with conventional steam turbine systems, making them a preferred choice for utility-scale solar thermal power plants across regions with high solar irradiance such as the United States, Spain, China, India, and countries in the Middle East and North Africa.

Furthermore, the compatibility of parabolic trough systems with thermal energy storage solutions enhances their ability to deliver dispatchable power, thereby increasing grid reliability. Technological advancements in absorber tubes, reflective materials, and tracking systems have further improved their operational efficiency while reducing maintenance needs. Government policies favoring clean energy, combined with attractive financing mechanisms and long-term power purchase agreements, have driven continued investment in parabolic trough projects globally.

Technology Insights

In 2024, the concentrating solar power segment dominated the concentrating solar collectors market and is expected to maintain its dominance throughout the forecast period. Concentrating solar power systems utilize mirrors or lenses to concentrate a large area of sunlight onto a small area, typically to heat a fluid that then drives a turbine connected to a power generator. The ability of concentrating solar power systems to integrate thermal energy storage technologies makes them especially attractive for utility-scale power generation, as they provide dispatchable and reliable electricity beyond daylight hours.

This operational flexibility and the capability to stabilize power supply have positioned concentrating solar power systems as a strategic solution for grid-scale renewable energy deployment. Countries with high direct normal irradiance, such as Spain, the United States, the United Arab Emirates, Saudi Arabia, China, and Morocco, have heavily invested in concentrating solar power projects, reinforcing its dominance in the market. Additionally, the modular scalability of concentrating solar power systems and the ability to hybridize with conventional or renewable energy sources enhance their value proposition.

Technological innovations such as improved heat transfer fluids, higher-efficiency receivers, and advanced thermal storage systems have continued to reduce the levelized cost of electricity for concentrating solar power installations. In contrast, concentrating photovoltaics, although capable of achieving high conversion efficiencies, face challenges such as higher costs, complex tracking systems, and sensitivity to diffused sunlight.

These factors have limited the commercial adoption of concentrating photovoltaics, especially in comparison to the increasingly efficient and cost-effective traditional photovoltaic systems. As a result, while concentrating photovoltaics remains a niche technology with potential in specific applications, concentrating solar power is expected to continue leading the concentrating solar collectors market due to its reliability, scalability, and ability to contribute to energy security through firm renewable energy generation.

 

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Regional Insights

Largest Region

In 2024, the Middle East and Africa region dominated the concentrating solar collectors market and is expected to maintain its leading position throughout the forecast period. This regional dominance is largely attributed to the region's exceptional solar irradiance levels, availability of vast desert land suitable for large-scale solar thermal installations, and strong governmental commitment to diversifying energy sources away from fossil fuels.

Countries such as the United Arab Emirates, Saudi Arabia, Morocco, and Egypt have emerged as major hubs for concentrating solar power development due to their ambitious renewable energy targets and investment-friendly regulatory frameworks. For instance, Morocco's Noor Ouarzazate Solar Complex is one of the world’s largest concentrating solar power plants, showcasing the region’s capacity and expertise in deploying this technology. The region benefits from long daily sun hours and consistent direct normal irradiance, which significantly enhances the efficiency and cost-effectiveness of concentrating solar technologies, particularly parabolic trough and solar tower systems.

Furthermore, energy security and water scarcity issues have prompted governments to integrate concentrating solar collectors into hybrid systems that power desalination plants and other critical infrastructure. Financial support from international institutions, such as the World Bank and the African Development Bank, has also accelerated the deployment of large-scale concentrating solar power projects in the region. Additionally, local manufacturing and skilled labor development initiatives are further driving down costs and improving project viability.

Emerging Region

In the forecast period, Latin America is expected to emerge as a prominent emerging region in the concentrating solar collectors market due to increasing awareness of renewable energy potential, supportive government policies, and rising energy demand. Historically underrepresented in the global solar thermal sector, Latin America is now gaining attention as countries across the region seek to reduce dependence on fossil fuels, enhance energy security, and meet ambitious climate goals.

The region benefits from high levels of solar irradiance, particularly in countries like Chile, Mexico, Argentina, and Brazil, which are now actively integrating solar thermal technologies into their energy strategies. Chile has already led the way with the commissioning of the Cerro Dominador solar power tower, the first of its kind in Latin America. This success has encouraged other nations in the region to consider similar projects for both electricity generation and industrial heat applications.

Governments are introducing renewable energy auctions, tax exemptions, and public-private partnerships to attract investment in solar infrastructure. Additionally, international development banks and climate finance institutions are supporting feasibility studies and pilot projects in the region, enabling technology transfer and local capacity building. Latin America’s strong industrial base in sectors such as mining, food processing, and textiles also presents growing demand for solar thermal solutions that can reduce operational costs and carbon emissions.

However, the region is still in the early stages of adoption, with market penetration remaining low compared to more mature markets. This positions Latin America as an emerging region with vast untapped potential for growth in the concentrating solar collectors market. As policy frameworks mature, financing mechanisms improve, and technology awareness spreads, Latin America is expected to play an increasingly important role in the global solar thermal energy landscape, unlocking new opportunities for both local and international stakeholders.

Recent Developments

  • In May 2025, Abengoa completed the construction of three parabolic trough solar field units (each 200 MW) as part of the Mohammed bin Rashid Al Maktoum Solar Park Phase IV in Dubai, installing 6,360 collector assemblies—demonstrating its engineering and deployment scale in one of the world’s largest solar projects
  • In early 2025, China successfully commissioned the Xinneng concentrated solar power project, featuring a thermal capacity of 100 megawatts and equipped with advanced molten salt energy storage. This system enables the plant to generate and supply electricity continuously, including during non-sunlight hours, enhancing grid reliability and renewable energy integration. The project marks a significant step in China's efforts to expand its renewable energy portfolio and demonstrates the growing viability of thermal energy storage in large-scale solar power generation.
  • In August 2024, Abengoa's joint venture OptiPower Projects secured a ZAR 1.2 billion (approximately USD 66 million) contract to build a large-scale solar plant for a major mining company in South Africa. This marks a significant move into the commercial-scale renewable energy sector within a traditionally fossil-powered industry
  • In May 2025, BrightSource Energy partnered with Doral Energy to deploy its OASES Energy Management System (EMS) across photovoltaic and energy storage assets. This collaboration aims to enhance grid stability and optimize energy dispatch through AI-driven control systems

Key Market Players

  • Abengoa Solar
  • BrightSource Energy
  • Aalborg CSP
  • ACWA Power
  • SENER Group
  • GlassPoint Solar
  • TSK Flagsol Engineering GmbH
  • SolarReserve
  • SCHOTT Solar AG
  • Rackam

By Type

By Technology

By End-Use Industry

By Region

  • Parabolic Trough
  • Fresnel Reflector
  • Dish Stirling
  • Solar Tower
  • Concentrating Solar Power (CSP)
  • Concentrating Photovoltaics (CPV)
  • Residential
  • Commercial
  • Industrial
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

Report Scope:

In this report, the Global Concentrating Solar Collectors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Concentrating Solar Collectors Market, By Type:

o   Parabolic Trough

o   Fresnel Reflector

o   Dish Stirling

o   Solar Tower

  • Concentrating Solar Collectors Market, By Technology:

o   Concentrating Solar Power (CSP)

o   Concentrating Photovoltaics (CPV)

  • Concentrating Solar Collectors Market, By End-Use Industry:

o   Residential

o   Commercial

o   Industrial

  • Concentrating Solar Collectors Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  France

§  United Kingdom

§  Italy

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o   Middle East & Africa

§  Saudi Arabia

§  UAE

§  South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Concentrating Solar Collectors Market.

Available Customizations:

Global Concentrating Solar Collectors Market report with the given market data, TechSci Research offers customizations according to a 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).

Global Concentrating Solar Collectors Market 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]  

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Concentrating Solar Collectors Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.   Market Share & Forecast

5.2.1.    By Type (Parabolic Trough, Fresnel Reflector, Dish Stirling, Solar Tower)

5.2.2.    By Technology (Concentrating Solar Power (CSP), Concentrating Photovoltaics (CPV))

5.2.3.    By End-Use Industry (Residential, Commercial, Industrial)

5.2.4.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

5.3.  By Company (2024)

5.4.  Market Map

6.    North America Concentrating Solar Collectors Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Technology

6.2.3.    By End-Use Industry

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Concentrating Solar Collectors Market Outlook

6.3.1.1.   Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2.   Market Share & Forecast

6.3.1.2.1. By Type

6.3.1.2.2. By Technology

6.3.1.2.3. By End-Use Industry

6.3.2.    Canada Concentrating Solar Collectors Market Outlook

6.3.2.1.   Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2.   Market Share & Forecast

6.3.2.2.1. By Type

6.3.2.2.2. By Technology

6.3.2.2.3. By End-Use Industry

6.3.3.    Mexico Concentrating Solar Collectors Market Outlook

6.3.3.1.   Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2.   Market Share & Forecast

6.3.3.2.1. By Type

6.3.3.2.2. By Technology

6.3.3.2.3. By End-Use Industry

7.    Europe Concentrating Solar Collectors Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Technology

7.2.3.    By End-Use Industry

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Concentrating Solar Collectors Market Outlook

7.3.1.1.   Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2.   Market Share & Forecast

7.3.1.2.1. By Type

7.3.1.2.2. By Technology

7.3.1.2.3. By End-Use Industry

7.3.2.    France Concentrating Solar Collectors Market Outlook

7.3.2.1.   Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2.   Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By Technology

7.3.2.2.3. By End-Use Industry

7.3.3.    United Kingdom Concentrating Solar Collectors Market Outlook

7.3.3.1.   Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2.   Market Share & Forecast

7.3.3.2.1. By Type

7.3.3.2.2. By Technology

7.3.3.2.3. By End-Use Industry

7.3.4.    Italy Concentrating Solar Collectors Market Outlook

7.3.4.1.   Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2.   Market Share & Forecast

7.3.4.2.1. By Type

7.3.4.2.2. By Technology

7.3.4.2.3. By End-Use Industry

7.3.5.    Spain Concentrating Solar Collectors Market Outlook

7.3.5.1.   Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2.   Market Share & Forecast

7.3.5.2.1. By Type

7.3.5.2.2. By Technology

7.3.5.2.3. By End-Use Industry

8.    Asia Pacific Concentrating Solar Collectors Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Technology

8.2.3.    By End-Use Industry

8.2.4.    By Country

8.3.  Asia Pacific: Country Analysis

8.3.1.    China Concentrating Solar Collectors Market Outlook

8.3.1.1.   Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2.   Market Share & Forecast

8.3.1.2.1. By Type

8.3.1.2.2. By Technology

8.3.1.2.3. By End-Use Industry

8.3.2.    India Concentrating Solar Collectors Market Outlook

8.3.2.1.   Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2.   Market Share & Forecast

8.3.2.2.1. By Type

8.3.2.2.2. By Technology

8.3.2.2.3. By End-Use Industry

8.3.3.    Japan Concentrating Solar Collectors Market Outlook

8.3.3.1.   Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2.   Market Share & Forecast

8.3.3.2.1. By Type

8.3.3.2.2. By Technology

8.3.3.2.3. By End-Use Industry

8.3.4.    South Korea Concentrating Solar Collectors Market Outlook

8.3.4.1.   Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2.   Market Share & Forecast

8.3.4.2.1. By Type

8.3.4.2.2. By Technology

8.3.4.2.3. By End-Use Industry

8.3.5.    Australia Concentrating Solar Collectors Market Outlook

8.3.5.1.   Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2.   Market Share & Forecast

8.3.5.2.1. By Type

8.3.5.2.2. By Technology

8.3.5.2.3. By End-Use Industry

9.    Middle East & Africa Concentrating Solar Collectors Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Technology

9.2.3.    By End-Use Industry

9.2.4.    By Country

9.3.  Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Concentrating Solar Collectors Market Outlook

9.3.1.1.   Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2.   Market Share & Forecast

9.3.1.2.1. By Type

9.3.1.2.2. By Technology

9.3.1.2.3. By End-Use Industry

9.3.2.    UAE Concentrating Solar Collectors Market Outlook

9.3.2.1.   Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2.   Market Share & Forecast

9.3.2.2.1. By Type

9.3.2.2.2. By Technology

9.3.2.2.3. By End-Use Industry

9.3.3.    South Africa Concentrating Solar Collectors Market Outlook

9.3.3.1.   Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2.   Market Share & Forecast

9.3.3.2.1. By Type

9.3.3.2.2. By Technology

9.3.3.2.3. By End-Use Industry

10. South America Concentrating Solar Collectors Market Outlook

10.1.     Market Size & Forecast

10.1.1. By Value

10.2.     Market Share & Forecast

10.2.1. By Type

10.2.2. By Technology

10.2.3. By End-Use Industry

10.2.4. By Country

10.3.     South America: Country Analysis

10.3.1. Brazil Concentrating Solar Collectors Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Type

10.3.1.2.2.  By Technology

10.3.1.2.3.  By End-Use Industry

10.3.2. Colombia Concentrating Solar Collectors Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Type

10.3.2.2.2.  By Technology

10.3.2.2.3.  By End-Use Industry

10.3.3. Argentina Concentrating Solar Collectors Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Type

10.3.3.2.2.  By Technology

10.3.3.2.3.  By End-Use Industry

11.  Market Dynamics

11.1.     Drivers

11.2.     Challenges

12. Market Trends and Developments

12.1.         Merger & Acquisition (If Any)

12.2.     Product Launches (If Any)

12.3.     Recent Developments

13. Company Profiles

13.1.    Abengoa Solar

13.1.1. Business Overview

13.1.2. Key Revenue and Financials 

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services Offered

13.2.    BrightSource Energy

13.3.    Aalborg CSP

13.4.    ACWA Power

13.5.    SENER Group

13.6.    GlassPoint Solar

13.7.    TSK Flagsol Engineering GmbH

13.8.    SolarReserve

13.9.    SCHOTT Solar AG

13.10.  Rackam

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Concentrating Solar Collectors market was USD3.46 Billion in 2024.

Concentrating Photovoltaics (CPV) is the fastest growing segment in the global concentrating solar collectors market by technology due to its higher efficiency in direct sunlight and compact modular design. The demand is driven by advancements in multi-junction solar cells and rising interest in decentralized solar power generation.

The global concentrating solar collectors market faces challenges such as high initial capital investment and complex maintenance requirements. Additionally, its efficiency is limited in regions with low direct normal irradiance, affecting widespread adoption.

The major drivers for the global concentrating solar collectors market include rising demand for clean, dispatchable energy and supportive government policies promoting renewable power generation. Technological advancements in thermal storage and solar tracking systems are further enhancing market growth

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