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Parabolic Trough CSP Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 125
  • SKU: IRTNTR73973
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The parabolic trough CSP market share is expected to increase to USD 743.37 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 2.57%.

This parabolic trough CSP market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers parabolic trough CSP market segmentation by type (U-shape and V-shape) and geography (APAC, Europe, North America, Middle East and Africa, and South America). The parabolic trough CSP market report also offers information on several market vendors, including Aalborg CSP AS, Abengoa SA, Acciona SA, ALANOD GmbH and Co. KG, Atlantica Sustainable Infrastructure plc, Rackam, SENER GRUPO DE INGENIERIA SA, Solabolic Gmbh, SOLTIGUA SRL, Sopogy Inc., Sundhy Solar Power Co. Ltd, and Tsk Electronica Y Electricidad SA among others.

What will the Parabolic Trough CSP Market Size be During the Forecast Period?

Parabolic Trough CSP Market Size

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Parabolic Trough CSP Market: Key Drivers, Trends, and Challenges

The change in the energy mix is notably driving the parabolic trough CSP market growth, although factors such as the competition from alternative sources of energy may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the parabolic trough CSP industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Parabolic Trough CSP Market Driver

One of the key factors driving growth in the parabolic trough CSP market is the change in the energy mix. Globally, the rapid growth in urbanization has made a massive impact on power consumption. Most of the power and heat needs are met by using fossil fuels, which are harmful to the atmosphere. Therefore, the demand for a clean and efficient power source is increasing. The total cost of producing electricity by using renewable energy is relatively expensive than that of conventional power generation. However, renewable technology is evolving much faster, posing stiff competition to fossil fuel power plants. The shift toward renewable sources was fueled by the ratification of the Paris Climate Agreement, in 2016. The governments of the countries are taking initiatives to increase the use of renewable sources of energy. This is likely to drive investments in renewable sources, thereby driving the market growth of solar thermal systems. In solar thermal plants, parabolic trough CSP is used instead of fossil fuels for heating water. Therefore, the growing demand for renewable energy alternatives is expected to drive the growth of the market in focus.

Key Parabolic Trough CSP Market Trend

The solar thermal enhanced oil recovery is a parabolic trough CSP market trend that is expected to have a positive impact in the coming years. Solar thermal enhanced oil recovery (EOR) is a technique to increase production from a declining well by using concentrated solar power technology. As the oil well matures, the production is decreased substantially. Thus, it becomes crucial to use different oil recovery methods to ensure adequate production from the well. The thermal EOR technique involves the burning of natural gas to produce steam, which is injected into the reservoir to reduce the viscosity of heavy oil by heating it. The process increases the amount of oil that can ultimately be recovered along with the enhanced rate of production. The upstream companies are increasing their operational efficiencies to reduce the overall cost associated with producing crude oil. Also, with the use of solar energy, the carbon footprint will be reduced due to the low burning of natural gas. Thus, with solar thermal-enhanced oil recovery, the global parabolic trough CSP market is expected to witness steady growth.

Key Parabolic Trough CSP Market Challenge

The competition from alternative sources of energy will be a major challenge for the parabolic trough CSP market during the forecast period. Solar thermal power faces competition from other sources of energy, such as wind and hydropower. According to the Wind Energy Council, the adoption of wind energy to generate electricity has been on the rise in the recent past, with the addition of about 65 GW of capacity in 2021. The global cumulative wind power capacity stood at 743 GW in 2021, and wind energy contributed to 46.56% of the entire renewable energy investments in 2021. As per the US Energy Information Administration, in 2020, wind power contributed 20.81% of the total energy consumption from renewables, whereas solar power contributed only 5.78% of the total energy consumption in the US. Therefore, the lower cost of electricity generation by other alternative renewable sources, such as wind and hydropower, will continue to pose major threats to the growth of the global parabolic trough CSP market.

This parabolic trough CSP market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global parabolic trough CSP market as a part of the global renewable electricity market under the global independent power and renewable electricity market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the parabolic trough CSP market during the forecast period.

Who are the Major Parabolic Trough CSP Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aalborg CSP AS
  • Abengoa SA
  • Acciona SA
  • ALANOD GmbH and Co. KG
  • Atlantica Sustainable Infrastructure plc
  • Rackam
  • SENER GRUPO DE INGENIERIA SA
  • Solabolic Gmbh
  • SOLTIGUA SRL
  • Sopogy Inc.
  • Sundhy Solar Power Co. Ltd
  • Tsk Electronica Y Electricidad SA

 

This statistical study of the parabolic trough CSP market encompasses successful business strategies deployed by the key vendors. The parabolic trough CSP market is concentrated and the vendors are deploying growth strategies such as focusing on acquiring other small brands to increase their market presence to compete in the market.

Product Insights and News

  • aalborgcsp.com - The company offers Parabolic Trough CSP that includes Flat solar-thermal panels, Combination-plants, and Heat storage accumulation tanks which help to maximize the sun's energy and consequently the efficiency of heat production.

  • aalborgcsp.com - Under the unified segment, the company offers header-coil heat exchangers, CSP power plant technologies, and solar district heating, among others.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The parabolic trough CSP market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Parabolic Trough CSP Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the parabolic trough CSP market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Parabolic Trough CSP Market?

Parabolic Trough CSP Market Share by Geography

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61% of the market’s growth will originate from APAC during the forecast period. China, South Korea, and Japan are the key markets for parabolic trough CSP in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The financial incentive programs such as feed-in-tariffs (FiTs) in China, Japan, Thailand, and Vietnam will facilitate the parabolic trough CSP market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

n 2020, the COVID-19 outbreak in APAC disrupted various verticals of industries, mainly the renewable energy industry. Many CSP projects, including parabolic trough-based CSP projects across the region, were postponed or canceled due to lockdowns in various countries, such as India, China, South Korea, and Japan. Rapid vaccination drives in 2021 and reduced COVID-19 cases helped vendors to increase their production volume to offset the losses incurred in 2020. The demand for parabolic trough CSP increased with the resumption of operations in several end-user industries, such as energy and power and water treatment, in 2021. 

What are the Revenue-generating Type Segments in the Parabolic Trough CSP Market?

Parabolic Trough CSP Market Share

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The parabolic trough CSP market share growth by the U-shape segment will be significant during the forecast period. The U-shaped parabolic trough CSP segment contributes to the majority of the market share since it is relatively lower in cost and has less average land requirement compared with other CSP technologies, such as solar towers, to produce the same power output.

This report provides an accurate prediction of the contribution of all the segments to the growth of the parabolic trough CSP market size and actionable market insights on post COVID-19 impact on each segment.

 

Parabolic Trough CSP Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.57%

Market growth 2022-2026

$ 743.37 million

Market structure

Concentrated

YoY growth (%)

2.3

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 61%

Key consumer countries

US, China, Japan, South Korea, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Aalborg CSP AS, Abengoa SA, Acciona SA, ALANOD GmbH and Co. KG, Atlantica Sustainable Infrastructure plc, Rackam, SENER GRUPO DE INGENIERIA SA, Solabolic Gmbh, SOLTIGUA SRL, Sopogy Inc., Sundhy Solar Power Co. Ltd, and Tsk Electronica Y Electricidad SA

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Parabolic Trough CSP Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive parabolic trough CSP market growth during the next five years
  • Precise estimation of the parabolic trough CSP market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the parabolic trough CSP industry across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of parabolic trough CSP market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 U-shape - Market size and forecast 2021-2026
      • Exhibit 28: Chart on U-shape - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on U-shape - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on U-shape - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on U-shape - Year-over-year growth 2021-2026 (%)
    • 5.4 V-shape - Market size and forecast 2021-2026
      • Exhibit 32: Chart on V-shape - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on V-shape - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on V-shape - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on V-shape - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 South Korea - Market size and forecast 2021-2026
      • Exhibit 82: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on South Korea - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Aalborg CSP AS
              • Exhibit 93: Aalborg CSP AS - Overview
              • Exhibit 94: Aalborg CSP AS - Business segments
              • Exhibit 95: Aalborg CSP AS - Key offerings
              • Exhibit 96: Aalborg CSP AS - Segment focus
            • 10.4 Abengoa SA
              • Exhibit 97: Abengoa SA - Overview
              • Exhibit 98: Abengoa SA - Product / Service
              • Exhibit 99: Abengoa SA - Key news
              • Exhibit 100: Abengoa SA - Key offerings
            • 10.5 Acciona SA
              • Exhibit 101: Acciona SA - Overview
              • Exhibit 102: Acciona SA - Business segments
              • Exhibit 103: Acciona SA - Key news
              • Exhibit 104: Acciona SA - Key offerings
              • Exhibit 105: Acciona SA - Segment focus
            • 10.6 ALANOD GmbH and Co. KG
              • Exhibit 106: ALANOD GmbH and Co. KG - Overview
              • Exhibit 107: ALANOD GmbH and Co. KG - Product / Service
              • Exhibit 108: ALANOD GmbH and Co. KG - Key offerings
            • 10.7 Rackam
              • Exhibit 109: Rackam - Overview
              • Exhibit 110: Rackam - Product / Service
              • Exhibit 111: Rackam - Key offerings
            • 10.8 SENER GRUPO DE INGENIERIA SA
              • Exhibit 112: SENER GRUPO DE INGENIERIA SA - Overview
              • Exhibit 113: SENER GRUPO DE INGENIERIA SA - Product / Service
              • Exhibit 114: SENER GRUPO DE INGENIERIA SA - Key offerings
            • 10.9 Solabolic Gmbh
              • Exhibit 115: Solabolic Gmbh - Overview
              • Exhibit 116: Solabolic Gmbh - Product / Service
              • Exhibit 117: Solabolic Gmbh - Key offerings
            • 10.10 Sopogy Inc.
              • Exhibit 118: Sopogy Inc. - Overview
              • Exhibit 119: Sopogy Inc. - Product / Service
              • Exhibit 120: Sopogy Inc. - Key offerings
            • 10.11 Sundhy Solar Power Co. Ltd
              • Exhibit 121: Sundhy Solar Power Co. Ltd - Overview
              • Exhibit 122: Sundhy Solar Power Co. Ltd - Product / Service
              • Exhibit 123: Sundhy Solar Power Co. Ltd - Key offerings
            • 10.12 Tsk Electronica Y Electricidad SA
              • Exhibit 124: Tsk Electronica Y Electricidad SA - Overview
              • Exhibit 125: Tsk Electronica Y Electricidad SA - Product / Service
              • Exhibit 126: Tsk Electronica Y Electricidad SA - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 127: Inclusions checklist
                • Exhibit 128: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 129: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 130: Research methodology
                • Exhibit 131: Validation techniques employed for market sizing
                • Exhibit 132: Information sources
              • 11.5 List of abbreviations
                • Exhibit 133: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Parabolic Trough CSP Market market growth will increase by $743.37 mn during 2022-2026.
              The parabolic trough csp market market is expected to grow at a CAGR of 2.57% during 2022-2026.
              Technavio has segmented the parabolic trough csp market market by type (U-shape and V-shape) and geography (APAC, Europe, North America, Middle East and Africa, and South America).
              Aalborg CSP AS, Abengoa SA, Acciona SA, ALANOD GmbH and Co. KG, Atlantica Sustainable Infrastructure plc, Rackam, SENER GRUPO DE INGENIERIA SA, Solabolic Gmbh, SOLTIGUA SRL, Sopogy Inc., Sundhy Solar Power Co. Ltd, Tsk Electronica Y Electricidad SA are a few of the key vendors in the parabolic trough csp market market.
              APAC will register the highest growth rate of 61% among the other regions. Therefore, the parabolic trough csp market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • China
              • Japan
              • South Korea
              • Germany
              • France
              The key factors driving the parabolic trough csp market market growth are:
              • Change in energy mix
              • Solar thermal enhanced oil recovery
              The parabolic trough csp market market vendors should focus on grabbing business opportunities from the u-shape segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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