집광형 태양열발전 시장 예측(-2030년) : 구성요소별, 기술별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Concentrated Solar Power Market is accounted for $6.91 billion in 2024 and is expected to reach $20.02 billion by 2030 growing at a CAGR of 19.4% during the forecast period. Concentrated Solar Power (CSP) is a renewable energy technology that harnesses sunlight to generate electricity. Unlike photovoltaic systems that convert sunlight directly into electricity using solar panels, CSP systems focus sunlight onto a small area using mirrors or lenses. This concentrated sunlight heats a fluid, typically water or molten salt, to produce steam, which then drives a turbine connected to a generator to generate electricity. Additionally, CSP plants can be integrated with thermal energy storage systems, allowing for electricity production even after sunset.

According to Helioscsp, this technology is estimated to produce 20% of oil production by 2030, which will help to extend the lives of oil fields. According to the Solar Energy Industries Association, the US installed 3.6 GW of solar PV capacity in Q1 2020 to reach up to 81.4 GW of total installed capacity-enough to power 15.7 million American homes.

Market Dynamics:

Driver:

Growing concerns about energy security

As traditional energy sources face volatility due to geopolitical tensions and finite reserves, countries seek sustainable alternatives to safeguard their energy independence. CSP offers a viable solution by harnessing solar energy through large-scale installations, providing a reliable and renewable power source. Its inherent reliability, with the ability to store thermal energy for extended periods, mitigates the intermittency issues commonly associated with solar power. Furthermore, CSP facilities can be strategically located in regions abundant in sunlight, reducing dependency on imported fossil fuels and strengthening domestic energy resilience.

Restraint:

High initial investment

High initial investment acts as a significant barrier to the growth of the Concentrated Solar Power (CSP) market. The technology requires substantial upfront capital for construction and infrastructure development, including specialized mirrors, receivers, and storage systems. These costs often deter potential investors and developers from entering the market or expanding existing projects. The lengthy construction period further exacerbates financial risks, as returns on investment are delayed. However, the uncertainty surrounding government policies and incentives adds another layer of hesitation for investors. Without sufficient financial backing and favorable regulatory support, the widespread adoption of CSP technology is hindered, limiting its potential contribution to renewable energy targets and sustainable development goals.

Opportunity:

Job creation and economic development

As governments and businesses invest in CSP infrastructure, such as solar power plants and associated technologies, they create a demand for skilled labor in construction, engineering, and maintenance sectors. This leads to job opportunities for local communities, stimulating economic growth and development. Moreover, the establishment of CSP projects often requires collaboration between various stakeholders, including government agencies, investors, and technology providers, fostering partnerships and boosting innovation.

Threat:

Slower adoption in underdeveloped areas

The slower adoption of concentrated solar power (CSP) in underdeveloped areas presents a significant hindrance to the growth of the CSP market. Limited access to capital, inadequate infrastructure, and regulatory challenges impede the implementation of CSP projects in these regions. Underdeveloped areas often lack the necessary technological expertise and skilled workforce required for the construction and maintenance of CSP plants, further exacerbating the adoption gap. However, unreliable grid systems and inconsistent government policies deter potential investors from committing to CSP projects in these regions.

Covid-19 Impact:

The Covid-19 pandemic significantly impacted the Concentrated Solar Power (CSP) market due to the widespread disruptions in global supply chains caused delays in the construction and deployment of CSP projects, leading to project cancellations or postponements. The economic downturn resulting from lockdowns and restrictions reduced investments in renewable energy projects, including CSP. The uncertainty surrounding the pandemic also affected investor confidence, further slowing down the growth of the CSP market. Moreover, travel restrictions and social distancing measures hindered the execution of maintenance and operation activities for existing CSP plants, affecting their efficiency and performance.

The Power Block segment is expected to be the largest during the forecast period

Power Block segment is expected to be the largest during the forecast period by improving overall efficiency and reliability. It consists of key components like turbines, generators and heat exchangers, which convert solar energy into electricity. Innovations in Power Block technology have led to increased efficiency in converting solar heat into electricity, making CSP systems more cost-effective and competitive with other forms of renewable energy. Advanced designs and materials allow for higher temperatures and pressures, resulting in greater energy output and improved performance even in challenging environments.

The Linear Fresnel Reflectors segment is expected to have the highest CAGR during the forecast period

Linear Fresnel Reflectors segment is expected to have the highest CAGR during the forecast period, by offering a cost-effective and efficient alternative to traditional concentrating solar technologies. Unlike conventional CSP systems that use large parabolic mirrors or dishes to concentrate sunlight onto a single focal point, LFRs utilize long, flat mirrors to reflect sunlight onto a linear receiver. This segmented design allows for easier manufacturing, installation, and maintenance compared to other CSP technologies, making LFRs more accessible to a wider range of applications and locations.

Region with largest share:

Asia Pacific region commanded the largest share of the market over the extrapolated period, by combining CSP with other renewable energy sources like wind or photovoltaic (PV) systems, hybrid power plants are addressing the intermittency issues inherent in solar energy. This integration ensures a more stable and reliable power supply, catering to the region's increasing energy demands. Additionally, hybridization in the region allows for better utilization of existing infrastructure and resources, optimizing the overall efficiency of the power generation process. The flexibility offered by hybrid power plants enables energy producers to adapt to varying weather conditions and demand patterns, further bolstering the region's energy resilience.

Region with highest CAGR:

Asia Pacific region is poised to hold profitable growth over the estimation period. Through policies promoting renewable energy and incentivizing CSP projects, governments are driving investment and innovation in the sector across the region. Regulations mandating renewable energy targets or providing financial support such as feed-in tariffs and tax incentives encourage the regional adoption of CSP technology. Additionally, regulatory frameworks ensure grid integration and streamline permitting processes, reducing barriers to entry for CSP developers in the Asia Pacific region.

Key players in the market

Some of the key players in Concentrated Solar Power market include Aalborg CSP A/S, Abengoa Solar, S.A, Archimede Solar Energy, Frenell GmbH, General Electric, GlassPoint Solar, Siemens AG, Solarreserve, LLC, Torresol Energy, Brightsource Energy, Inc and TSK Flagsol Engineering GmbH.

Key Developments:

In February 2024, ACWA Power and Larsen and Toubro Limited (LandT) announced that it has been selected Nextracker, a leading global provider of intelligent solar tracking equipment and software solutions, to supply the NX Horizon-XTR(TM) ground tracker for a 1.17 GW installation in Al Kahfah. Solar energy. Power plant, a strategically important renewable energy project in the Central Province of Saudi Arabia, part of the National Renewable Energy Program.

In August 2023, In aggregation with President Biden's visit to Wisconsin, Siemens announced that it will begin production of photovoltaic (PV) inverters in Kenosha, Wisconsin, where the company produces solar energy components specifically designed to serve the US market. Owned and operated by the company's long-term manufacturing partner Sanmina, the Kenosha plant will help meet increased demand for local manufacturing of critical parts of solar projects and help customers take advantage of the full value of solar tax incentives and home content incentives.

In July 2023, BrightSource Energy Inc., a global leader in concentrated solar thermal (CSP) technology, has announced the spin-off of its Israeli, UK and South African subsidiaries to form a new group known as New BrightSource Energy LTD. Izik Kirshenbaum leads the new group with Israeli and British leadership.

In May 2022, the General Office of State Council, China released a new for Development of New Energy Implementation Plan. The plan promotes the development of solar power generation projects in the country. This aims to encourage the solar power generation as peak power generation model in West and other areas of China with good solar conditions.

Components Covered:

• Solar Field
• Thermal Energy Storage System
• Power Block
• Other Components

Technologies Covered:

• Solar Power Tower
• Parabolic Trough
• Linear Fresnel Reflectors
• Other Technologies

End Users Covered:

• Industrial
• Non-Residential
• Utilities
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Concentrated Solar Power Market, By Component

• 5.1 Introduction
• 5.2 Solar Field
• 5.3 Thermal Energy Storage System
• 5.4 Power Block
• 5.5 Other Components

6 Global Concentrated Solar Power Market, By Technology

• 6.1 Introduction
• 6.2 Solar Power Tower
• 6.3 Parabolic Trough
• 6.4 Linear Fresnel Reflectors
• 6.5 Other Technologies

7 Global Concentrated Solar Power Market, By End User

• 7.1 Introduction
• 7.2 Industrial
• 7.3 Non-Residential
• 7.4 Utilities
• 7.5 Other End Users

8 Global Concentrated Solar Power Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Aalborg CSP A/S
• 10.2 Abengoa Solar, S.A
• 10.3 Archimede Solar Energy
• 10.4 Frenell GmbH
• 10.5 General Electric
• 10.6 GlassPoint Solar
• 10.7 Siemens AG
• 10.8 Solarreserve, LLC
• 10.9 Torresol Energy, Brightsource Energy, Inc
• 10.10 TSK Flagsol Engineering GmbH