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Download Free sampleThe global Concentrating Solar Power market was valued at 4685.88 Million USD in 2021 and will grow with a CAGR of 5.73% from 2021 to 2027, based on Research newly published report.
The prime objective of Concentrating Solar Power Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Concentrating Solar Power Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
The report segments the concentrating solar power market based on end-users into utilities, enhanced oil recovery and others (mining & desalination). Utilities segment is the largest end-user of concentrating solar power owing to the growing number of medium to large scale projects under development and in pipeline across the globe. Based on technology, the parabolic trough segment is expected to dominate the concentrating solar power market during the forecast period. The market has also been segmented based on the components into three sub-segments: solar field, power block and thermal storage. The solar field segment is the largest market; due to large number of complex and costly subcomponents within the segment.
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