Status : Published | Published On : Dec, 2023 | Report Code : VREP3012 | Industry : Energy & Power | Available Format : | Page : 181 |
The global Concentrated Photovoltaic (CPV) Market is expected to grow from USD 76 billion in 2023 to USD 143 billion by 2030, at a CAGR of 8.0% during the forecast period.
CPV technology uses optics such as curved mirrors or lenses for vast amounts of sunlight to generate energy from a small area of solar photovoltaic (PV) cells. The advantages of CPV systems over non-concentrated photovoltaic systems are numerous. As a smaller photovoltaic area is needed, the solar cells can save CPV money. To absorb the same sunlight as non-concentrated PV, CPV requires less photovoltaic materials. CPV uses high efficiency, but cost-effectively viable multi-connection cells due to lower space requirements. However, CPV systems need to spend additional money on solar trackers, focusing optics (mirrors, lenses) and cooling systems to achieve sunlight focus on the limited photovoltaic region. Continuous research and development nevertheless seek to boost and minimize CPV technology costs.
Market Analysis of Concentrated Photovoltaic Market
The market for concentrated photovoltaics is expected to increase awareness of the use of renewable energy for generating power, combined with rising demand for grid-connected electricity. Previously, high photovoltaic prices relative to solar photovoltaics were a big restrain. During its prediction time, decreasing silicone prices and improving module designs should have a beneficial effect on the market.
Europe is projected to remain the largest regional market with 16,48 GW of PV demand, which accounts for approximately half of the global demand, according to the Plastics Institute of America. Asia-Pacific was the second largest market driven by the Chinese market's remarkable growth. To become the world's leading PV user, China is expected to outpace Germany in the coming year. The three main factors that drive solar adoption worldwide are government green goals, financial incentives, and technology cost reductions. Major drivers for solar photovoltaics are government policies. Solar, regardless of government policies and incentives around the world, is expected to be cost-effective in 2023 for conventional electricity.
Growth Drivers of Concentrated Photovoltaic Market
Rapid price declines for traditional photovoltaic modules have led to a rise in CPV demand and other silicone-based solar technologies. In addition, CPV needs a rather smaller installation area which is expected soon to increase its demand. Solar technology in areas of direct sunlight is used. The industry is still in its infancy and is used mainly for special purposes.
Governments across countries seek to make use of renewable energy sources. Commercial and utility sectors are the main application segments involving concentrating photovoltaic technologies. The usage segment dominates the photovoltaic concentrated market. The growing demand for centralized photovoltaic applications over the forecast period is expected to increase over the projected period in the energy purchase agreements between private companies and electricity boards. The global concentrated photovoltaic market is expected to dominate the Asia Pacific region. The market is expected to boost the presence of emerging economies such as India and China. The government of China is expected to adopt the 13th five-year plan to reduce carbon emissions to fuel the growth over the forecasted period of the global concentrated photovoltaic market.
The global industry demand for CPV will drive in the coming years forecasts of market competition, improved reliability, and efficiency improvements. In addition, the boom in the global photovoltaic concentrator market can be driven by incentives and government subsidies for achieving renewable energy objectives.
Increased cost efficiency and renewable energy resources are projected to be the key driving factors for the growth of demand over the forecast period. Moreover, the demand growth from 2016 to 2023 is also expected to increase from lower land requirements. In the next few years, however, the lack of technical acceptance and the restricted sites with high direct normal irradiations would likely hamper growth in demand.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. 76 Billion |
Revenue Forecast in 2030 |
U.S.D. 143 Billion |
Growth Rate |
8.0% |
Segments Covered in the Report |
By Product, By Level of Concentration, By Application |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America,Europe, Asia-Pacific (APAC), Rest of the World (RoW |
Market Segmentation
By Product:
Due to the growing preference for Fresnel lens, refractors are dominating the concentrated photovoltaic market. Fresnel lens and photovoltaic high-concentration systems together provide a maximum efficiency that is estimated to keep demand high over the forecast period. The capacity and performance of refractors in areas with varying light intensity to tolerate the misalignment of solar cells are high aspects that drive their demand.
By Level of Concentration:
Due to the increased module performance, high levels of photovoltaics are expected to experience high demand during the forecast period. This decreases the size of the solar module by higher efficiency, thus increasing overall cost-effectiveness. The rising demand for high-efficiency and low-cost photovoltaic modules is expected to have a positive effect on the market penetration of high photovoltaic concentrations.
By Application:
With an 85.9 percent proportion of total volume, the utility application segment dominated the industry. With revised low CPV prices, manufacturers prefer CPV over photovoltaics. There is a need to raise investment associated with major construction pipelines. In large economies like India, China, and North America, the growth of this application segment is expected to be strong. This may be partly due to the extremely high level of radiation. In-host concentrated photovoltaic systems will likely be enhanced in the utility segment by expanded energy purchase arrangements between electricity boards and private-sector companies.
By Region:
By value, Asia Pacific was with just over 50.0 percent of the share of the largest regional market. China, which is expected to increase its concentrated photovoltaic power, is particularly driving demand in the Region. The second fastest-growing region is projected to be the Middle East and Africa, with increasing demand mainly driven in South Africa. Areas covered in sand dunes achieve full surface sunlight and the installation of CPV is greatly increased. Further demand for concentrated photovoltaics will be increased over the forecast period in future solar projects in Morocco and Jordan.
Competitive Landscape and Key Players
Mergers and acquisitions and the development of new goods are some of these players' strategic initiatives. Many businesses have embraced the technology to produce solar cells by launching the multi-junction Solar Cell. Saint-Augustin Canada Electric (STACE) is one of the most significant acquisitions of Soitec solar CPV technology. Profitability for the scaling challenges currently face manufacturers. In response to favorable environmental conditions and governmental support, Zytech Solar announced plans to enter both New Zealand and Australian markets.
News Update on the Concentrated Photovoltaic Market
The global concentrated photovoltaics industry will understand how consumers value post-COVID-19 and develop new research and personalized experiences based on these insights. The outbreak of the coronavirus is shaking the global economy massively. However, it could be an exciting opportunity in the globally focused photovoltaics market to battle the present and forthcoming economic implications of this Black Swan event.
The paint for a new generation of so-called solar concentrating plants is being produced (CSP). Firstly, it is very effective to absorb the sun. Second, it can withstand extremely high air temperatures above 700°C. The research is sponsored by the SunShot initiative of the US government that aims to make solar energy competitive as financially as other power production types at the end of the decade. According to the U.S. Energy Information Administration, solar energy accounts for less than 1% of all mass electricity output in the U.S.
Solar is the fastest-rising power technology in the world already. Ten years ago, there were just 20 gigawatts installed world-widespread solar energy – a gigawatt of approximately 1 gigawatt is the output of a single large power station. While Covid-19 has been disrupted, the predicted London-based research company IHS Markit is likely to add 105 new worldwide this year. Most solar cells consist of silicon crystal wafer-thin slices, 70% of which are manufactured in China and Taiwan.
A secret Bill Gates-funded start-up has achieved a solar breakthrough to save the world. Heliogen, a renewable energy firm that came out of stealth mode on Tuesday, said it found a way to use artificial intelligence and a mirror field to reveal too much solar light, producing extremely hot temperatures above 1,000° Celsius.
Primary Research
VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behavior.
The Concentrated Photovoltaic Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
Region Covered in the Report
Source: VynZ Research
Source: VynZ Research
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Product
1.2.2. By Level of Concentration
1.2.3. By Application
1.3. Research Phases
1.4. Limitations
1.5. Research Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. By Product
5.1.1. Refractors
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. Reflectors
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.2. By Level of Concentration
5.2.1. High Concentration Photovoltaic
5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Low Concentration Photovoltaic
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.3. By Application
5.3.1. Utility
5.3.1.1. Market Definition
5.3.1.2. Market Estimation and Forecast to 2030
5.3.2. Commercial
5.3.2.1. Market Definition
5.3.2.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Product
6.2. By Level of Concentration
6.3. By Application
6.4. By Country
6.4.1. U.S. Market Estimate and Forecast
6.4.2. Canada Market Estimate and Forecast
6.4.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Product
7.2. By Level of Concentration
7.3. By Application
7.4. By Country
7.4.1. Germany Market Estimate and Forecast
7.4.2. France Market Estimate and Forecast
7.4.3. U.K. Market Estimate and Forecast
7.4.4. Italy Market Estimate and Forecast
7.4.5. Spain Market Estimate and Forecast
7.4.6. Russia Market Estimate and Forecast
7.4.7. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Product
8.2. By Level of Concentration
8.3. By Application
8.4. By Country
8.4.1. China Market Estimate and Forecast
8.4.2. Japan Market Estimate and Forecast
8.4.3. India Market Estimate and Forecast
8.4.4. South Korea Market Estimate and Forecast
8.4.5. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Product
9.2. By Level of Concentration
9.3. By Application
9.4. By Country
9.4.1. Brazil Market Estimate and Forecast
9.4.2. Saudi Arabia Market Estimate and Forecast
9.4.3. South Africa Market Estimate and Forecast
9.4.4. U.A.E. Market Estimate and Forecast
9.4.5. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. MagPowerSystems
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. Zytech Solar
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. Solar Junction
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. SunPower Corporation
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. Morgan Solar Inc.
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Abengoa
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. BrightSource Energy
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. ACWA Power
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. Aalborg CSP
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.10. SolarReserve
10.10.1. Snapshot
10.10.2. Overview
10.10.3. Offerings
10.10.4. Financial Insight
10.10.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Concentrated Photovoltaic Market Size, by Product, 2018 – 2023 (USD Billion)
Table 5 Global Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 6 Global Concentrated Photovoltaic Market Size, by Level of Concentration, 2018 – 2023 (USD Billion)
Table 7 Global Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 8 Global Concentrated Photovoltaic Market Size, by Application, 2018 – 2023 (USD Billion)
Table 9 Global Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 10 Global Concentrated Photovoltaic Market Size, by Region, 2018 – 2023 (USD Billion)
Table 11 Global Concentrated Photovoltaic Market Size, by Region, 2025-2030 (USD Billion)
Table 12 North America Concentrated Photovoltaic Market Size, by Product, 2018 – 2023 (USD Billion)
Table 13 North America Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 14 North America Concentrated Photovoltaic Market Size, by Level of Concentration, 2018 – 2023 (USD Billion)
Table 15 North America Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 16 North America Concentrated Photovoltaic Market Size, by Application, 2018 – 2023 (USD Billion)
Table 17 North America Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 18 North America Concentrated Photovoltaic Market Size, by Country, 2018 – 2023 (USD Billion)
Table 19 North America Concentrated Photovoltaic Market Size, by Country, 2025-2030 (USD Billion)
Table 20 Europe Concentrated Photovoltaic Market Size, by Product, 2018 – 2023 (USD Billion)
Table 21 Europe Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 22 Europe Concentrated Photovoltaic Market Size, by Level of Concentration, 2018 – 2023 (USD Billion)
Table 23 Europe Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 24 Europe Concentrated Photovoltaic Market Size, by Application, 2018 – 2023 (USD Billion)
Table 25 Europe Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 26 Europe Concentrated Photovoltaic Market Size, by Country, 2018 – 2023 (USD Billion)
Table 27 Europe Concentrated Photovoltaic Market Size, by Country, 2025-2030 (USD Billion)
Table 28 Asia-Pacific Concentrated Photovoltaic Market Size, by Product, 2018 – 2023 (USD Billion)
Table 29 Asia-Pacific Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 30 Asia-Pacific Concentrated Photovoltaic Market Size, by Level of Concentration, 2018 – 2023 (USD Billion)
Table 31 Asia-Pacific Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 32 Asia-Pacific Concentrated Photovoltaic Market Size, by Application, 2018 – 2023 (USD Billion)
Table 33 Asia-Pacific Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 34 Asia-Pacific Concentrated Photovoltaic Market Size, by Country, 2018 – 2023 (USD Billion)
Table 35 Asia-Pacific Concentrated Photovoltaic Market Size, by Country, 2025-2030 (USD Billion)
Table 36 RoW Concentrated Photovoltaic Market Size, by Product, 2018 – 2023 (USD Billion)
Table 37 RoW Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 38 RoW Concentrated Photovoltaic Market Size, by Level of Concentration, 2018 – 2023 (USD Billion)
Table 39 RoW Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 40 RoW Concentrated Photovoltaic Market Size, by Application, 2018 – 2023 (USD Billion)
Table 41 RoW Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 42 RoW Concentrated Photovoltaic Market Size, by Country, 2018 – 2023 (USD Billion)
Table 43 RoW Concentrated Photovoltaic Market Size, by Country, 2025-2030 (USD Billion)
Table 44 Snapshot – MagPowerSystems
Table 45 Snapshot – Zytech Solar
Table 46 Snapshot – Solar Junction
Table 47 Snapshot – SunPower Corporation
Table 48 Snapshot – Morgan Solar Inc.
Table 49 Snapshot – Abengoa
Table 50 Snapshot – BrightSource Energy
Table 51 Snapshot – ACWA Power
Table 52 Snapshot – Aalborg CSP
Table 53 Snapshot – SolarReserve
List of Figures
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Concentrated Photovoltaic Market Size, by Product, 2018-2023 (USD Billion)
Table 5 Global Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 6 Global Concentrated Photovoltaic Market Size, by Level of Concentration, 2018-2023 (USD Billion)
Table 7 Global Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 8 Global Concentrated Photovoltaic Market Size, by Application, 2018-2023 (USD Billion)
Table 9 Global Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 10 Global Concentrated Photovoltaic Market Size, by Region, 2018-2023 (USD Billion)
Table 11 Global Concentrated Photovoltaic Market Size, by Region, 2025-2030 (USD Billion)
Table 12 North America Concentrated Photovoltaic Market Size, by Product, 2018-2023 (USD Billion)
Table 13 North America Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 14 North America Concentrated Photovoltaic Market Size, by Level of Concentration, 2018-2023 (USD Billion)
Table 15 North America Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 16 North America Concentrated Photovoltaic Market Size, by Application, 2018-2023 (USD Billion)
Table 17 North America Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 18 North America Concentrated Photovoltaic Market Size, by Country, 2018-2023 (USD Billion)
Table 19 North America Concentrated Photovoltaic Market Size, by Country, 2025-2030 (USD Billion)
Table 20 Europe Concentrated Photovoltaic Market Size, by Product, 2018-2023 (USD Billion)
Table 21 Europe Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 22 Europe Concentrated Photovoltaic Market Size, by Level of Concentration, 2018-2023 (USD Billion)
Table 23 Europe Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 24 Europe Concentrated Photovoltaic Market Size, by Application, 2018-2023 (USD Billion)
Table 25 Europe Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 26 Europe Concentrated Photovoltaic Market Size, by Country, 2018-2023 (USD Billion)
Table 27 Europe Concentrated Photovoltaic Market Size, by Country, 2025-2030 (USD Billion)
Table 28 Asia-Pacific Concentrated Photovoltaic Market Size, by Product, 2018-2023 (USD Billion)
Table 29 Asia-Pacific Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 30 Asia-Pacific Concentrated Photovoltaic Market Size, by Level of Concentration, 2018-2023 (USD Billion)
Table 31 Asia-Pacific Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 32 Asia-Pacific Concentrated Photovoltaic Market Size, by Application, 2018-2023 (USD Billion)
Table 33 Asia-Pacific Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 34 Asia-Pacific Concentrated Photovoltaic Market Size, by Country, 2018-2023 (USD Billion)
Table 35 Asia-Pacific Concentrated Photovoltaic Market Size, by Country, 2025-2030 (USD Billion)
Table 36 RoW Concentrated Photovoltaic Market Size, by Product, 2018-2023 (USD Billion)
Table 37 RoW Concentrated Photovoltaic Market Size, by Product, 2025-2030 (USD Billion)
Table 38 RoW Concentrated Photovoltaic Market Size, by Level of Concentration, 2018-2023 (USD Billion)
Table 39 RoW Concentrated Photovoltaic Market Size, by Level of Concentration, 2025-2030 (USD Billion)
Table 40 RoW Concentrated Photovoltaic Market Size, by Application, 2018-2023 (USD Billion)
Table 41 RoW Concentrated Photovoltaic Market Size, by Application, 2025-2030 (USD Billion)
Table 42 RoW Concentrated Photovoltaic Market Size, by Country, 2018-2023 (USD Billion)
Table 43 RoW Concentrated Photovoltaic Market Size, by Country, 2025-2030 (USD Billion)
Table 44 Snapshot – MagPowerSystems
Table 45 Snapshot – Zytech Solar
Table 46 Snapshot – Solar Junction
Table 47 Snapshot – SunPower Corporation
Table 48 Snapshot – Morgan Solar Inc.
Table 49 Snapshot – Abengoa
Table 50 Snapshot – BrightSource Energy
Table 51 Snapshot – ACWA Power
Table 52 Snapshot – Aalborg CSP
Table 53 Snapshot – SolarReserve
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Products for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 GlobalConcentrated Photovoltaic (CPV) Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 GlobalConcentrated Photovoltaic (CPV) Market Highlight
Figure 12 GlobalConcentrated Photovoltaic (CPV) Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 13 GlobalConcentrated Photovoltaic (CPV) Market Size, by Level of Concentration 2018 – 2030 (USD Billion)
Figure 14 GlobalConcentrated Photovoltaic (CPV) Market Size, by Application 2018 – 2030 (USD Billion)
Figure 15 GlobalConcentrated Photovoltaic (CPV) Market Size, by Application 2018 – 2030 (USD Billion)
Figure 16 GlobalConcentrated Photovoltaic (CPV) Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 17 North America Concentrated Photovoltaic (CPV) Market Highlight
Figure 18 North America Concentrated Photovoltaic (CPV) Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 19 North America Concentrated Photovoltaic (CPV) Market Size, by Level of Concentration 2018–2030 (USD Billion)
Figure 20 North America Concentrated Photovoltaic (CPV) Market Size, by Application 2018–2030 (USD Billion)
Figure 21 North America Concentrated Photovoltaic (CPV) Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 22 Europe Concentrated Photovoltaic (CPV) Market Highlight
Figure 23 Europe Concentrated Photovoltaic (CPV) Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 24 Europe Concentrated Photovoltaic (CPV) Market Size, by Level of Concentration 2018 – 2030 (USD Billion)
Figure 25 Europe Concentrated Photovoltaic (CPV) Market Size, by Application 2018 – 2030 (USD Billion)
Figure 26 Europe Concentrated Photovoltaic (CPV) Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 27 Asia-PacificConcentrated Photovoltaic (CPV) Market Highlight
Figure 28 Asia-PacificConcentrated Photovoltaic (CPV) Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 29 Asia-PacificConcentrated Photovoltaic (CPV) Market Size, by Level of Concentration 2018 – 2030 (USD Billion)
Figure 30 Asia-PacificConcentrated Photovoltaic (CPV) Market Size, by Application 2018 – 2030 (USD Billion)
Figure 31 Asia-PacificConcentrated Photovoltaic (CPV) Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 32 RoW Concentrated Photovoltaic (CPV) Market Highlight
Figure 33 RoW Concentrated Photovoltaic (CPV) Market Size, by Product, 2018 – 2030 (USD Billion)
Figure 34 RoW Concentrated Photovoltaic (CPV) Market Size, by Level of Concentration 2018 – 2030 (USD Billion)
Figure 35 RoW Concentrated Photovoltaic (CPV) Market Size, by Application 2018 – 2030 (USD Billion)
Figure 36 RoW Concentrated Photovoltaic (CPV) Market Size, by Country, 2018 – 2030 (USD Billion)
Global Concentrated Photovoltaic (CPV) Market Coverage
Product Insight and Forecast 2025-2030
Level of Concentration Insight and Forecast 2025-2030
Application Insight and Forecast 2025-2030
Geographical Segmentation
Concentrated Photovoltaic (CPV) Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)
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