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.
This report aims to provide a comprehensive presentation of the global market for Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP). This report contains market size and forecasts of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) in global, including the following market information:
- Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market Sales, 2018-2023, 2024-2029, (GWh)
Global top five Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) companies in 2022 (%)
The global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market was valued at US$ 9109.7 million in 2022 and is projected to reach US$ 30860 million by 2029, at a CAGR of 19.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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%.
We surveyed the Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (GWh)
Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market Segment Percentages, by Type, 2022 (%)
- Parabolic Trough Systems
- Power Tower Systems
- Dish/Engine Systems
- Others
Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (GWh)
Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market Segment Percentages, by Application, 2022 (%)
- Generate Electricity
- Industrial Heating
- Others
Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (GWh)
Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) revenues share in global market, 2022 (%)
- Key companies Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) sales in global market, 2018-2023 (Estimated), (GWh)
- Key companies Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- BrightSource Energy
- Abengoa
- Areva
- Acciona
- ESolar
- SolarReserve
- Wilson Solarpower
- Novatec
- Shams Power
- ACWA
- SUPCON
- Thai Solar Energy
- Sunhome
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP), market overview.
- Chapter 2: Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) market size in revenue and volume.
- Chapter 3: Detailed analysis of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP) capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.