Global Concentrating Solar Power anticipated to grow with a healthy growth rate of more than 11.25% over the forecast period 2017-2025.pmrplanetmarket | March 22, 2019 | 0 | Energy and Power
Global Concentrating Solar Power industry valued approximately USD 6.9 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11.25% over the forecast period 2017-2025. Rising pollutions and environment concerns along with regulatory support from the governments around the world are driving the growth in the market. However, high cost involved with the solar panels and its installation are likely to hamper the market growth over the forecast period.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
Rest of the World
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Furthermore, the years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are Robert Bosch GmbH, Infineon Technologies AG, ST Microelectronics N.V., ON Semiconductor Corp., Maxim Integrated Products Inc., OMRON Corporation, Hitachi Ltd., and ZF Friedrichshafen AG. These companies are investing in intelligent electronics in order that their products are environment-friendly and secure to drive. Acquisitions, effective mergers, agreements and contracts some of the strategies adopted by the key manufacturers.
Target Audience of the Concentrating Solar Power Market Study
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers VARs
Third-party knowledge providers
Please note that owing to the criticality of the Concentrating Solar Power market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation in order to cater to the most recent updates.
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Name: Jennifer Daniel
Organization: Planet Market Reports