Molten Salt Solar Energy Thermal Storage refers to a kind of thermal energy storage method, which is widely used in the CSP system.
Concentrated Solar Power (CSP) (also called concentrating solar power, concentrated solar thermal, and CSP) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight, or solar thermal energy, onto a small area. Electricity is generated when the concentrated light is converted to heat, which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction.
Market Analysis and Insights: Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market
Due to the COVID-19 pandemic, the global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market size is estimated to be worth US$ 8853.4 million in 2021 and is forecast to a readjusted size of US$ 8853.4 million by 2028 with a CAGR of 19.9% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Abengoa, ESolar and ACWA are the top 3 players of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP), with about 10% market shares. North America and Europe occupied the majority of market share of CSP, and the market share is 25% and 29%.
Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Scope and Market Size
The global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Parabolic Trough Systems
Power Tower Systems
Dish/Engine Systems
Others
Segment by Application
Generate Electricity
Industrial Heating
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
BrightSource Energy
Abengoa
Areva
Acciona
ESolar
SolarReserve
Wilson Solarpower
Novatec
Shams Power
ACWA
SUPCON
Thai Solar Energy
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