Concentrated Photovoltaic (CPV) Market Analysis By Product (Reflector, Refractor), By Application (Utility, Commercial), By Concentration Level (High, Low), By Region (North America, Europe, APAC, CSA, and MEA), And Segment Forecasts, 2014 - 2025

Published: Dec, 2017 | Pages: 126 | Publisher: Grand View Research
Industry: Energy | Report Format: Electronic (PDF)

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints.

CPV technology is yet to gain worldwide acceptance and manufacturers are constantly engaged in developing new modules with improved efficiency. Growing popularity of PV has overshadowed the efficiency and advantages of CPV. However, the technology shows great promise owing to its scalability and efficiency.

Globally, Asia Pacific is the largest market for CPV. Presence of a large number of module manufacturers, coupled with favorable government initiatives, is driving the demand for this technology. The advantage of low labor cost and introduction of smaller rooftop systems are also expected to boost market growth.

Further key findings from the report suggest:

• By level of concentration, low concentrated photovoltaic is likely to be the fastest-growing segment at a revenue-based CAGR of 10.8% from 2017 to 2025. This is owing to innovations resulting in highly efficient products

• The commercial application segment is expected to exhibit a 9.0% CAGR from 2017 to 2025 in terms of revenue. This can be attributed to increasing number of installations in manufacturing facilities as well as private buildings

• In terms of revenue, the reflector product segment is expected to register a CAGR of 10.8% from 2017 to 2025 owing to rapidly increasing demand for low concentration photovoltaics made from mirrors

• By volume, Asia Pacific accounted for just over 50.0% of the global market in 2016 on account of rapidly growing capacity additions in China and India

• The installed capacity of CPV in Middle Eastern and African countries was 66.8 MW in 2016, backed by commissioning of projects in countries such as South Africa, Morocco, and Jordan

• Manufacturers are constantly working on introducing new products with improved efficiencies and reduced quantities of silicon

 Table of Contents

Chapter 1. Methodology & Scope
                  1.1. Research methodology
                  1.2. Research scope &assumptions
                  1.3. List of data sources

Chapter 2. Executive Summary
                  2.1. Market snapshot

Chapter 3. Concentrated Photovoltaic Market Variables, Trends, and Scope
                  3.1. Market segmentation & scope
                  3.2. Penetration & growth prospect mapping
                  3.3. Value chain analysis
                  3.4. Raw material trend
                  3.5. Market dynamics
                       3.5.1. Market driver analysis
                       3.5.2. Market restraint analysis
                  3.6. Concentrated photovoltaic market - SWOT analysis, by factor (political & legal, economic and technological) 
                  3.7. Industry analysis - Porter's

Chapter 4. Concentrated Photovoltaic Market: Product Estimates & Trend Analysis 
                  4.1. Concentrated photovoltaic market: Product movement analysis 
                  4.2. Reflectors
                       4.2.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       4.2.2. Market estimates and forecasts, by region, 2014 - 2025 (MW) (USD Million)
                  4.3. Refractors 
                       4.3.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       4.3.2. Market estimates and forecasts, by region, 2014 - 2025 (MW) (USD Million)

Chapter 5. Concentrated Photovoltaic Market: Application Estimates & Trend Analysis 
                  5.1. Concentrated photovoltaic market: Application movement analysis 
                  5.2. Utility
                       5.2.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       5.2.2. Market estimates and forecasts, by region, 2014 - 2025 (MW) (USD Million)
                  5.3. Commercial
                       5.3.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       5.3.2. Market estimates and forecasts, by region, 2014 - 2025 (MW) (USD Million)

Chapter 6. Concentrated Photovoltaic Market: Level of Concentration Estimates & Trend Analysis 
                  6.1. Concentrated photovoltaic market: Level of concentration movement analysis 
                  6.2. High concentration photovoltaic
                       6.2.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       6.2.2. Market estimates and forecasts, by region, 2014 - 2025 (MW) (USD Million)
                  6.3. Low concentration photovoltaic
                       6.3.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       6.3.2. Market estimates and forecasts, by region, 2014 - 2025 (MW) (USD Million)

Chapter 7. Concentrated Photovoltaic Market: Regional Estimates & Trend Analysis
                  7.1. Concentrated photovoltaic market share by region, 2015 & 2025
                  7.2. North America
                       7.2.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       7.2.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                       7.2.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                       7.2.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                       7.2.5. U.S.
                            7.2.5.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                            7.2.5.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                            7.2.5.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                            7.2.5.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                  7.3. Europe 
                       7.3.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       7.3.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million) 
                       7.3.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                       7.3.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                       7.3.5. France
                            7.3.5.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                            7.3.5.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                            7.3.5.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                            7.3.5.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                       7.3.6. Spain
                            7.3.6.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                            7.3.6.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                            7.3.6.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                            7.3.6.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                  7.4. Asia Pacific 
                       7.4.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       7.4.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                       7.4.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                       7.4.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                       7.4.5. China
                            7.4.5.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                            7.4.5.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                            7.4.5.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                            7.4.5.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                       7.4.6. Japan
                            7.4.6.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                            7.4.6.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                            7.4.6.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                            7.4.6.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                       7.4.7. India
                            7.4.7.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                            7.4.7.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                            7.4.7.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                            7.4.7.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                  7.5. Central & South America 
                       7.5.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       7.5.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                       7.5.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                       7.5.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                       7.5.5. Brazil 
                            7.5.5.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                            7.5.5.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                            7.5.5.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                            7.5.5.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)
                  7.6. Middle East & Africa
                       7.6.1. Market estimates and forecasts, 2014 - 2025 (MW) (USD Million)
                       7.6.2. Market estimates and forecasts, by product, 2014 - 2025 (MW) (USD Million)
                       7.6.3. Market estimates and forecasts, by application, 2014 - 2025 (MW) (USD Million)
                       7.6.4. Market estimates and forecasts, by level of concentration, 2014 - 2025 (MW) (USD Million)

Chapter 8. Competitive Landscape
                  8.1. Market share analysis
                  8.2. Vendor landscape
                  8.3. Competitive environment - Snapshot
                  8.4. Company market positioning
                  8.5. Strategy framework

Chapter 9. Company Profiles
                  9.1. Magpower SA
                       9.1.1. Company overview
                       9.1.2. Financial performance
                       9.1.3. Product benchmarking
                  9.2. Saint-Augustin Canada Electric Inc.
                       9.2.1. Company overview
                       9.2.2. Financial performance
                       9.2.3. Product benchmarking
                       9.2.4. Strategic initiatives
                  9.3. Zytech Solar
                       9.3.1. Company overview
                       9.3.2. Financial performance
                       9.3.3. Product benchmarking
                       9.3.4. Strategic initiatives
                  9.4. Ravano Green Powers
                       9.4.1. Company overview
                       9.4.2. Financial performance
                       9.4.3. Product benchmarking
                  9.5. Solar Junction
                       9.5.1. Company overview
                       9.5.2. Financial performance
                       9.5.3. Product benchmarking
                       9.5.4. Strategic initiatives
                  9.6. SunPower Corporation
                       9.6.1. Company overview
                       9.6.2. Financial performance
                       9.6.3. Product benchmarking
                       9.6.4. Strategic initiatives
                  9.7. Suncore Photovoltaic Technology Co. Ltd.
                       9.7.1. Company overview
                       9.7.2. Product benchmarking
                  9.8. Morgan Solar
                       9.8.1. Company overview
                       9.8.2. Financial performance
                       9.8.3. Product benchmarking
                       9.8.4. Strategic initiatives
                  9.9. Chroma Energy
                       9.9.1. Company overview
                       9.9.2. Financial performance
                       9.9.3. Product benchmarking
                  9.10. Akhter Solar
                       9.10.1. Company overview
                       9.10.2. Financial performance
                       9.10.3. Product benchmarking

List of Tables

TABLE 1 Reflectors market estimates & forecasts, 2014 - 2025 (MW) (USD Million)
TABLE 2 Reflectors market volume, by region, 2014 - 2025 (MW)
TABLE 3 Reflectors market revenue, by region, 2014 - 2025 (USD Million)
TABLE 4 Refractors market estimates & forecasts, 2014 - 2025 (MW) (USD Million)
TABLE 5 Refractors market volume, 2014 - 2025 (MW)
TABLE 6 Refractors market revenue, 2014 - 2025 (USD Million)
TABLE 7 High concentrated photovoltaic estimates & forecasts, 2014 - 2025 (MW) (USD Million)
TABLE 8 High concentrated photovoltaic market volume, by region, 2014 - 2025 (MW)
TABLE 9 High concentrated photovoltaic market revenue, by region, 2014 - 2025 (USD Million)
TABLE 10 Low concentrated photovoltaic market estimates & forecasts, 2014 - 2025 (MW) (USD Million)
TABLE 11 Low concentrated photovoltaic market volume, 2014 - 2025 (MW)
TABLE 12 Low concentrated photovoltaic market revenue, 2014 - 2025 (USD Million)
TABLE 13 Concentrated photovoltaic in utility market estimates & forecasts, 2014 - 2025 (MW) (USD Million)
TABLE 14 Concentrated photovoltaic market demand in utility by region, 2014 - 2025 (MW)
TABLE 15 Concentrated photovoltaic market demand in utility by region, 2014 - 2025 (USD Million)
TABLE 16 Concentrated photovoltaic market estimates & forecasts in commercial, 2014 - 2025 (MW) (USD Million)
TABLE 17 Concentrated photovoltaic market demand in commercial, by region, 2014 - 2025 (MW)
TABLE 18 Concentrated photovoltaic market demand in commercial, by region, 2014 - 2025 (USD Million)
TABLE 19 North America concentrated photovoltaic market estimates & forecasts, 2014 - 2025 (MW) (USD Million)
TABLE 20 North America concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 21 North America concentrated photovoltaic market revenue, by product, 2014 - 2025 (USD Million)
TABLE 22 North America concentrated photovoltaic market revenue, by application, 2014 - 2025 (MW)
TABLE 23 North America concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 24 North America concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (MW)
TABLE 25 North America concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 26 U.S concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 27 U.S. concentrated photovoltaic market, by product, 2014 - 2025 (MW)
TABLE 28 U.S. concentrated photovoltaic market, by product, 2014 - 2025 (USD Million)
TABLE 29 U.S. concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 30 U.S. concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 31 U.S concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (MW)
TABLE 32 U.S concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 33 Canada concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 34 Canada concentrated photovoltaic market, by product, 2014 - 2025 (MW)
TABLE 35 Canada concentrated photovoltaic market, by product, 2014 - 2025 (USD Million)
TABLE 36 Canada concentrated photovoltaic market, by application, 2014 - 2025 (MW)
TABLE 37 Canada concentrated photovoltaic market, by application, 2014 - 2025 (USD Million)
TABLE 38 Canada concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (MW)
TABLE 39 Canada concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 40 Europe concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 41 Europe concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 42 Europe concentrated photovoltaic market revenue, by product, 2014 - 2025 (USD Million)
TABLE 43 Europe concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 44 Europe concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 45 Europe concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 46 Europe concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 47 Germany concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 48 Germany concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 49 Germany concentrated photovoltaic market revenue by product, 2014 - 2025 (USD Million)
TABLE 50 Germany concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 51 Germany concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 52 Germany concentrated photovoltaic market, by level of concentration volume, 2014 - 2025 (MW)
TABLE 53 Germany concentrated photovoltaic market, by level of concentration revenue, 2014 - 2025 (USD Million)
TABLE 54 Spain concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 55 Spain concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 56 Spain concentrated photovoltaic market, by product revenue, 2014 - 2025 (USD Million)
TABLE 57 Spain concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 58 Spain concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 59 Spain concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 60 Spain concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 61 Asia Pacific concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 62 Asia Pacific concentrated photovoltaic market volume, by products, 2014 - 2025 (MW)
TABLE 63 Asia Pacific concentrated photovoltaic market revenue, by product, 2014 - 2025 (USD Million)
TABLE 64 Asia Pacific concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 65 Asia Pacific concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 66 Asia Pacific concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 67 Asia Pacific concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 68 China concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 69 China concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 70 China concentrated photovoltaic market revenue, by product, 2014 - 2025 (USD Million)
TABLE 71 China concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 72 China concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 73 China concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 74 China concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 75 India concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 76 India concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 77 India concentrated photovoltaic market revenue, by product, 2014 - 2025 (USD Million)
TABLE 78 India concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 79 India concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 80 India concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 81 India concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 82 Japan concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 83 Japan concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 84 Japan concentrated photovoltaic market revenue, by product, 2014 - 2025 (USD Million)
TABLE 85 Japan concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 86 Japan concentrated photovoltaic foam market revenue, by application, 2014 - 2025 (USD Million)
TABLE 87 Japan concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 88 Japan concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 89 Central & South America concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 90 Central & South America concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 91 Central & South America concentrated photovoltaic market revenue, by product, 2014 - 2025 (USD Million)
TABLE 92 Central & South America concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 93 Central & South America concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 94 Central & South America concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 95 Central & South America concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 96 Brazil concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 97 Brazil concentrated photovoltaic market, by product, 2014 - 2025 (MW)
TABLE 98 Brazil concentrated photovoltaic market, by product, 2014 - 2025 (USD Million)
TABLE 99 Brazil concentrated photovoltaic market, by application, 2014 - 2025 (MW)
TABLE 100 Brazil concentrated photovoltaic market, by application, 2014 - 2025 (USD Million)
TABLE 101 Brazil concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 102 Brazil concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)
TABLE 103 MEA concentrated photovoltaic market estimates and forecast, 2014 - 2025 (MW) (USD Million)
TABLE 104 MEA concentrated photovoltaic market volume, by product, 2014 - 2025 (MW)
TABLE 105 MEA concentrated photovoltaic market revenue, by product, 2014 - 2025 (USD Million)
TABLE 106 MEA concentrated photovoltaic market volume, by application, 2014 - 2025 (MW)
TABLE 107 MEA concentrated photovoltaic market revenue, by application, 2014 - 2025 (USD Million)
TABLE 108 MEA concentrated photovoltaic market volume, by level of concentration, 2014 - 2025 (MW)
TABLE 109 MEA concentrated photovoltaic market revenue, by level of concentration, 2014 - 2025 (USD Million)

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