The global Concentrated Photovoltaic (CPV) market was valued at 66.56 Million USD in 2020 and will grow with a CAGR of 7.31% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Concentrated Photovoltaic (CPV) is a photovoltaic technology that generates electricity from sunlight. Contrary to conventional photovoltaic systems, it uses lenses and curved mirrors to focus sunlight onto small, but highly efficient, multi-junction (MJ) solar cells. In addition, CPV systems often use solar trackers and sometimes a cooling system to further increase their efficiency. Ongoing research and development is rapidly improving their competitiveness in the utility-scale segment and in areas of high insolation. This sort of solar technology can be thus used in smaller areas.Owing to the cost of solar cells steadily are declining, Concentrated Photovoltaic (CPV) is facing great crisis. Because the industry is still in the leading stage of technology, a project need to raise a lot of money, what is more, industry gross margin is smaller. So, after 2013, there are large enterprises choose to close, exit, transfer business from Concentrated Photovoltaic (CPV). However, these players still keeps a very positive wait-and-see attitude towards Concentrated Photovoltaic (CPV). By comparing the IHS statistics CPV installation data, as well as interviews with the industry experts, we think that there will be a phase of outbreak of growth in Central America, Africa, India, Southeast Asia, etc. in the next few years.
By Market Verdors:
Arzon Solar (Amonix)
Isofoton S.A.
Magpower
Semprius Inc.
Soitec
Solar Junction
Silex
Suncore Photovoltaic
Sunpower Corporation
Zytech Solar
SolFocus
By Types:
LCPV
HCPV
By Applications:
Commercial
Utility-Scale
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Concentrated Photovoltaic (CPV) Revenue
1.4 Market Analysis by Type
1.4.1 Global Concentrated Photovoltaic (CPV) Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 LCPV
1.4.3 HCPV
1.5 Market by Application
1.5.1 Global Concentrated Photovoltaic (CPV) Market Share by Application: 2022-2027
1.5.2 Commercial
1.5.3 Utility-Scale
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Concentrated Photovoltaic (CPV) Market
1.8.1 Global Concentrated Photovoltaic (CPV) Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Concentrated Photovoltaic (CPV) Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Concentrated Photovoltaic (CPV) Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Concentrated Photovoltaic (CPV) Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Concentrated Photovoltaic (CPV) Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Concentrated Photovoltaic (CPV) Sales Volume Market Share by Region (2016-2021)
3.2 Global Concentrated Photovoltaic (CPV) Sales Revenue Market Share by Region (2016-2021)
3.3 North America Concentrated Photovoltaic (CPV) Sales Volume
3.3.1 North America Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.3.2 North America Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Concentrated Photovoltaic (CPV) Sales Volume
3.4.1 East Asia Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Concentrated Photovoltaic (CPV) Sales Volume (2016-2021)
3.5.1 Europe Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Concentrated Photovoltaic (CPV) Sales Volume (2016-2021)
3.6.1 South Asia Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Concentrated Photovoltaic (CPV) Sales Volume (2016-2021)
3.7.1 Southeast Asia Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Concentrated Photovoltaic (CPV) Sales Volume (2016-2021)
3.8.1 Middle East Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Concentrated Photovoltaic (CPV) Sales Volume (2016-2021)
3.9.1 Africa Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Concentrated Photovoltaic (CPV) Sales Volume (2016-2021)
3.10.1 Oceania Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Concentrated Photovoltaic (CPV) Sales Volume (2016-2021)
3.11.1 South America Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.11.2 South America Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Concentrated Photovoltaic (CPV) Sales Volume (2016-2021)
3.12.1 Rest of the World Concentrated Photovoltaic (CPV) Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Concentrated Photovoltaic (CPV) Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Concentrated Photovoltaic (CPV) Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Concentrated Photovoltaic (CPV) Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Concentrated Photovoltaic (CPV) Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Concentrated Photovoltaic (CPV) Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Concentrated Photovoltaic (CPV) Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Concentrated Photovoltaic (CPV) Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Concentrated Photovoltaic (CPV) Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Concentrated Photovoltaic (CPV) Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Concentrated Photovoltaic (CPV) Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Concentrated Photovoltaic (CPV) Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Concentrated Photovoltaic (CPV) Sales Volume Market Share by Type (2016-2021)
14.2 Global Concentrated Photovoltaic (CPV) Sales Revenue Market Share by Type (2016-2021)
14.3 Global Concentrated Photovoltaic (CPV) Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Concentrated Photovoltaic (CPV) Consumption Volume by Application (2016-2021)
15.2 Global Concentrated Photovoltaic (CPV) Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Concentrated Photovoltaic (CPV) Business
16.1 Arzon Solar (Amonix)
16.1.1 Arzon Solar (Amonix) Company Profile
16.1.2 Arzon Solar (Amonix) Concentrated Photovoltaic (CPV) Product Specification
16.1.3 Arzon Solar (Amonix) Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Isofoton S.A.
16.2.1 Isofoton S.A. Company Profile
16.2.2 Isofoton S.A. Concentrated Photovoltaic (CPV) Product Specification
16.2.3 Isofoton S.A. Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 Magpower
16.3.1 Magpower Company Profile
16.3.2 Magpower Concentrated Photovoltaic (CPV) Product Specification
16.3.3 Magpower Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Semprius Inc.
16.4.1 Semprius Inc. Company Profile
16.4.2 Semprius Inc. Concentrated Photovoltaic (CPV) Product Specification
16.4.3 Semprius Inc. Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Soitec
16.5.1 Soitec Company Profile
16.5.2 Soitec Concentrated Photovoltaic (CPV) Product Specification
16.5.3 Soitec Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Solar Junction
16.6.1 Solar Junction Company Profile
16.6.2 Solar Junction Concentrated Photovoltaic (CPV) Product Specification
16.6.3 Solar Junction Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Silex
16.7.1 Silex Company Profile
16.7.2 Silex Concentrated Photovoltaic (CPV) Product Specification
16.7.3 Silex Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 Suncore Photovoltaic
16.8.1 Suncore Photovoltaic Company Profile
16.8.2 Suncore Photovoltaic Concentrated Photovoltaic (CPV) Product Specification
16.8.3 Suncore Photovoltaic Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 Sunpower Corporation
16.9.1 Sunpower Corporation Company Profile
16.9.2 Sunpower Corporation Concentrated Photovoltaic (CPV) Product Specification
16.9.3 Sunpower Corporation Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Zytech Solar
16.10.1 Zytech Solar Company Profile
16.10.2 Zytech Solar Concentrated Photovoltaic (CPV) Product Specification
16.10.3 Zytech Solar Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 SolFocus
16.11.1 SolFocus Company Profile
16.11.2 SolFocus Concentrated Photovoltaic (CPV) Product Specification
16.11.3 SolFocus Concentrated Photovoltaic (CPV) Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Concentrated Photovoltaic (CPV) Manufacturing Cost Analysis
17.1 Concentrated Photovoltaic (CPV) Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Concentrated Photovoltaic (CPV)
17.4 Concentrated Photovoltaic (CPV) Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Concentrated Photovoltaic (CPV) Distributors List
18.3 Concentrated Photovoltaic (CPV) Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Concentrated Photovoltaic (CPV) (2022-2027)
20.2 Global Forecasted Revenue of Concentrated Photovoltaic (CPV) (2022-2027)
20.3 Global Forecasted Price of Concentrated Photovoltaic (CPV) (2016-2027)
20.4 Global Forecasted Production of Concentrated Photovoltaic (CPV) by Region (2022-2027)
20.4.1 North America Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.3 Europe Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.7 Africa Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.9 South America Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Concentrated Photovoltaic (CPV) Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Concentrated Photovoltaic (CPV) by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
21.2 East Asia Market Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
21.3 Europe Market Forecasted Consumption of Concentrated Photovoltaic (CPV) by Countriy
21.4 South Asia Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
21.5 Southeast Asia Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
21.6 Middle East Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
21.7 Africa Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
21.8 Oceania Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
21.9 South America Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
21.10 Rest of the world Forecasted Consumption of Concentrated Photovoltaic (CPV) by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
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Total Market |
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