India Concentrated Solar Power Market Size & Outlook
Related Markets
India concentrated solar power market highlights
- The India concentrated solar power market generated a revenue of USD 247.4 million in 2019 and is expected to reach USD 1,039.2 million by 2027.
- The India market is expected to grow at a CAGR of 19.6% from 2020 to 2027.
- In terms of segment, parabolic trough was the largest revenue generating technology in 2019.
- Power Tower is the most lucrative technology segment registering the fastest growth during the forecast period.
Concentrated solar power market data book summary
| Market revenue in 2019 | USD 247.4 million |
| Market revenue in 2027 | USD 1,039.2 million |
| Growth rate | 19.6% (CAGR from 2019 to 2027) |
| Largest segment | Parabolic trough |
| Fastest growing segment | Power Tower |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Parabolic Trough, Linear Fresnel, Dish, Power Tower |
| Key market players worldwide | Siemens Energy AG ADR, Acciona SA, Enel SpA, ACWA Power, Abengoa, BrightSource Energy, Aalborg CSP, INITEC Energia, Torresol Energy |
Other key industry trends
- In terms of revenue, India accounted for 5.5% of the global concentrated solar power market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China concentrated solar power market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,039.2 million by 2027.
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Concentrated Solar Power Market Scope
Concentrated Solar Power Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Torresol Energy | View profile | 1-10 | Cadiz, Andalucia, Spain, Europe | http://www.torresolenergy.com |
| INITEC Energia | View profile | 501-1000 | Madrid, Madrid, Spain, Europe | http://www.initec-energia.es/index.cfm |
| Aalborg CSP | View profile | 51-100 | Aalborg, Nordjylland, Denmark, Europe | http://www.aalborgcsp.com |
| BrightSource Energy | View profile | 251-500 | Oakland, California, United States, North America | http://www.brightsourceenergy.com |
| Abengoa | View profile | 10001+ | Seville, Andalucia, Spain, Europe | https://www.abengoa.com |
| ACWA Power | View profile | 1001-5000 | Riyadh, Ar Riyad, Saudi Arabia, Asia | https://www.acwapower.com |
| Enel SpA | View profile | 60905 | Viale Regina Margherita, 137, Rome, Italy, 00198 | https://www.enel.com |
| Acciona SA | View profile | 57843 | Avenida de Europa 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, Spain, 28108 | https://www.acciona.com |
| Siemens Energy AG ADR | View profile | 97000 | Otto-Hahn-Ring 6, Munich, BY, Germany, 81739 | https://www.siemens-energy.com |
India concentrated solar power market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to concentrated solar power market will help companies and investors design strategic landscapes.
Parabolic trough was the largest segment with a revenue share of 79.1% in 2019. Horizon Databook has segmented the India concentrated solar power market based on parabolic trough, linear fresnel, dish, power tower covering the revenue growth of each sub-segment from 2016 to 2027.
- India Concentrated Solar Power Technology Outlook (Revenue, USD Million, 2016-2027)
- Parabolic Trough
- Linear Fresnel
- Dish
- Power Tower
- India Concentrated Solar Power Application Outlook (Revenue, USD Million, 2016-2027)
- Utilities
- EOR
- Desalination
- Others
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Our clientele includes a mix of concentrated solar power market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India concentrated solar power market , including forecasts for subscribers. This country databook contains high-level insights into India concentrated solar power market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
India concentrated solar power market size, by technology, 2016-2027 (US$M)
India Concentrated Solar Power Market Outlook Share, 2019 & 2027 (US$M)
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