Concentrated Solar Power Market Size, Share, and Trends 2024 to 2034

The global concentrated solar power market size is calculated at USD 10.17 billion in 2025 and is forecasted to reach around USD 45.65 billion by 2034, accelerating at a CAGR of 18.24% from 2025 to 2034. The Asia Pacific market size surpassed USD 3.76 billion in 2024 and is expanding at a CAGR of 18.37% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1606
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology  (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Concentrated Solar Power Market 

5.1. COVID-19 Landscape: Concentrated Solar Power Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Concentrated Solar Power Market, By Application

8.1. Concentrated Solar Power Market, by Application Type

8.1.1. Enhanced Oil Recovery

8.1.1.1. Market Revenue and Forecast

8.1.2. Desalination

8.1.2.1. Market Revenue and Forecast

8.1.3. Utility

8.1.3.1. Market Revenue and Forecast

8.1.4. Others

8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Concentrated Solar Power Market, By Technology

9.1. Concentrated Solar Power Market, by Technology

9.1.1. Linear Fresnel

9.1.1.1. Market Revenue and Forecast

9.1.2. Dish

9.1.2.1. Market Revenue and Forecast

9.1.3. Parabolic Trough

9.1.3.1. Market Revenue and Forecast

9.1.4. Power Tower

9.1.4.1. Market Revenue and Forecast

Chapter 10. Global Concentrated Solar Power Market, By Capacity Type 

10.1. Concentrated Solar Power Market, by Capacity Type

10.1.1. Less than 50 MW

10.1.1.1. Market Revenue and Forecast

10.1.2. 50 MW to 99 MW

10.1.2.1. Market Revenue and Forecast

10.1.3. 100 MW and above

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Concentrated Solar Power Market, By Operation Type 

11.1. Concentrated Solar Power Market, by Operation Type

11.1.1. Stand-alone Systems

11.1.1.1. Market Revenue and Forecast

11.1.2. With Storage

11.1.2.1. Market Revenue and Forecast

Chapter 12. Global Concentrated Solar Power Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Application

12.1.2. Market Revenue and Forecast, by Technology

12.1.3. Market Revenue and Forecast, by Capacity Type

12.1.4. Market Revenue and Forecast, by Operation Type

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Application

12.1.5.2. Market Revenue and Forecast, by Technology

12.1.5.3. Market Revenue and Forecast, by Capacity Type

12.1.5.4. Market Revenue and Forecast, by Operation Type

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Application

12.1.6.2. Market Revenue and Forecast, by Technology

12.1.6.3. Market Revenue and Forecast, by Capacity Type

12.1.6.4. Market Revenue and Forecast, by Operation Type

12.2. Europe

12.2.1. Market Revenue and Forecast, by Application

12.2.2. Market Revenue and Forecast, by Technology

12.2.3. Market Revenue and Forecast, by Capacity Type

12.2.4. Market Revenue and Forecast, by Operation Type

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Application

12.2.5.2. Market Revenue and Forecast, by Technology

12.2.5.3. Market Revenue and Forecast, by Capacity Type

12.2.5.4. Market Revenue and Forecast, by Operation Type

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Application

12.2.6.2. Market Revenue and Forecast, by Technology

12.2.6.3. Market Revenue and Forecast, by Capacity Type

12.2.6.4. Market Revenue and Forecast, by Operation Type

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Application

12.2.7.2. Market Revenue and Forecast, by Technology

12.2.7.3. Market Revenue and Forecast, by Capacity Type

12.2.7.4. Market Revenue and Forecast, by Operation Type

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Application

12.2.8.2. Market Revenue and Forecast, by Technology

12.2.8.3. Market Revenue and Forecast, by Capacity Type

12.2.8.4. Market Revenue and Forecast, by Operation Type

12.3. APAC

12.3.1. Market Revenue and Forecast, by Application

12.3.2. Market Revenue and Forecast, by Technology

12.3.3. Market Revenue and Forecast, by Capacity Type

12.3.4. Market Revenue and Forecast, by Operation Type

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Application

12.3.5.2. Market Revenue and Forecast, by Technology

12.3.5.3. Market Revenue and Forecast, by Capacity Type

12.3.5.4. Market Revenue and Forecast, by Operation Type

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Application

12.3.6.2. Market Revenue and Forecast, by Technology

12.3.6.3. Market Revenue and Forecast, by Capacity Type

12.3.6.4. Market Revenue and Forecast, by Operation Type

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Application

12.3.7.2. Market Revenue and Forecast, by Technology

12.3.7.3. Market Revenue and Forecast, by Capacity Type

12.3.7.4. Market Revenue and Forecast, by Operation Type

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Application

12.3.8.2. Market Revenue and Forecast, by Technology

12.3.8.3. Market Revenue and Forecast, by Capacity Type

12.3.8.4. Market Revenue and Forecast, by Operation Type

12.4. MEA

12.4.1. Market Revenue and Forecast, by Application

12.4.2. Market Revenue and Forecast, by Technology

12.4.3. Market Revenue and Forecast, by Capacity Type

12.4.4. Market Revenue and Forecast, by Operation Type

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Application

12.4.5.2. Market Revenue and Forecast, by Technology

12.4.5.3. Market Revenue and Forecast, by Capacity Type

12.4.5.4. Market Revenue and Forecast, by Operation Type

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Application

12.4.6.2. Market Revenue and Forecast, by Technology

12.4.6.3. Market Revenue and Forecast, by Capacity Type

12.4.6.4. Market Revenue and Forecast, by Operation Type

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Application

12.4.7.2. Market Revenue and Forecast, by Technology

12.4.7.3. Market Revenue and Forecast, by Capacity Type

12.4.7.4. Market Revenue and Forecast, by Operation Type

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Application

12.4.8.2. Market Revenue and Forecast, by Technology

12.4.8.3. Market Revenue and Forecast, by Capacity Type

12.4.8.4. Market Revenue and Forecast, by Operation Type

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Application

12.5.2. Market Revenue and Forecast, by Technology

12.5.3. Market Revenue and Forecast, by Capacity Type

12.5.4. Market Revenue and Forecast, by Operation Type

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Application

12.5.5.2. Market Revenue and Forecast, by Technology

12.5.5.3. Market Revenue and Forecast, by Capacity Type

12.5.5.4. Market Revenue and Forecast, by Operation Type

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Application

12.5.6.2. Market Revenue and Forecast, by Technology

12.5.6.3. Market Revenue and Forecast, by Capacity Type

12.5.6.4. Market Revenue and Forecast, by Operation Type

Chapter 13. Company Profiles

13.1. Abengoa Solar

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. TSK Flagsol Engineering

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Acciona Energy

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. GE Renewable Energy

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Enel Green Power

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Suntrace

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Shams Power

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. BrightSource Energy, Inc.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. CSP Services

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. ACWA Power

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

13.11. Atlantica Yield PLC

13.11.1. Company Overview

13.11.2. Product Offerings

13.11.3. Financial Performance

13.11.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global concentrated solar poThe global concentrated solar power market size is expected to grow from USD 8.55 billion in 2024 to USD 45.65 billion by 2034.

The concentrated solar power market is anticipated to grow at a CAGR of 18.23% between 2025 and 2034.

The major players operating in the concentrated solar power market are Abengoa Solar, TSK Flagsol Engineering, Acciona Energy, GE Renewable Energy, Enel Green Power, Suntrace, Shams Power, BrightSource Energy, Inc., CSP Services, ACWA Power, Atlantica Yield PLC, Therminol, SolarReserve, Chiyoda Corporation.

The global concentrated solar power market is primarily driven by the rising adoption of the renewable energy sources owing to the rising government initiatives and curbing the carbon emissions.

Asia Pacific region will lead the global concentrated solar power market in near future.

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