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熔鹽太陽能儲熱和聚光太陽能市場報告:2031 年趨勢、預測和競爭分析

Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market Report: Trends, Forecast and Competitive Analysis to 2031

出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3個工作天內

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簡介目錄

全球熔鹽太陽能儲熱和聚光太陽能市場前景光明,發電和工業供熱市場蘊藏著巨大機會。預計2025年至2031年期間,全球熔鹽太陽能儲熱和聚光太陽能市場將以19.9%的複合年成長率成長。該市場的主要驅動力包括再生能源需求的不斷成長、對儲能解決方案的需求的不斷成長以及政府支持和投資的不斷增加。

  • Lucintel 預測,在類型類別中,電力塔系統預計將在預測期內實現最高成長。
  • 在應用類別中,發電預計將實現更高的成長。
  • 從地區來看,預計亞太地區將在預測期內實現最高成長。

熔鹽太陽能儲熱和聚光太陽能發電市場的新趨勢

在技​​術進步、政策激勵以及日益成長的清潔、永續能源需求的推動下,熔鹽太陽能儲熱和聚光燈太陽能發電 (CSP) 行業正在飛速轉型。一系列新興趨勢正在重塑該行業,為 CSP 技術在全球範圍內的擴張和可行性帶來新的前景。

  • 聚光太陽能發電 (CSP) 與儲能解決方案的結合:聚光太陽能發電廠與熔鹽儲能技術的結合正日益得到應用。這種組合使聚光太陽能發電廠即使在沒有陽光照射的情況下也能發電,提供可靠的能源供應。這在光照變化較大的地區尤其重要。能夠儲存數小時甚至數天的電能,大大提高了聚光太陽能發電的可靠性,使其與煤炭或天然氣等其他能源相媲美。此外,人們也越來越關注如何最大限度地延長儲能時間並提高儲能容量,以滿足尖峰需求。
  • 降低成本、提升效率:熔鹽儲能和光熱發電產業最重要的趨勢之一是利用技術進步來降低成本。更優質的材料、更佳的導熱性和更完善的傳熱系統正在降低光熱發電設施的成本。隨著製造成本的降低和規模經濟的實現,熔鹽儲能產品在成本方面正日益提升競爭力。效率的提升也轉化為營運成本的降低,使光熱發電技術在大規模商業化應用方面更具競爭力。
  • 光熱發電 (CSP) 與其他再生能源的混合:光熱發電 (CSP) 與光伏 (PV) 和風能等其他再生能源的混合發電正在興起。目前,光熱發電-光伏混合發電廠正在開發中,將太陽能熱能和光伏發電相結合,以確保最大限度發電並降低儲存成本。混合系統不僅能確保穩定的能源供應,還能提高光熱發電計畫的經濟可行性,尤其是在太陽能資源不穩定的地區。
  • 先進的控制和監控系統:控制和監控技術的進步正在最佳化光熱電站的效率。人工智慧 (AI)、機器學習和資料分析徹底改變了這些電站的管理方式。例如,預測分析可以用來預測能源輸出的變化並最佳化儲能管理。即時監控可確保減少維護成本和停機時間,進而提高整個系統的可靠性和效率。
  • 光熱發電技術的政策和監管支持:政府政策和監管體係正在發生變化,以促進光熱發電和熔鹽儲能技術的發展。各國正在實施補貼、稅收抵免和再生能源目標,以支持光熱發電投資。隨著各國努力實現脫碳目標,對光熱發電項目和儲能項目的激勵措施將會增加。政府的大力支持有助於增強市場信心並吸引更多投資,加速光熱發電技術的全球部署。

熔鹽儲熱和聚光太陽能技術的新趨勢正在透過提高效率、降低成本並提供更穩定的再生能源來改變能源模式。隨著技術的進一步發展以及各國政府對再生能源的支持力度的加大,這些趨勢預計將推動聚光太陽能市場大幅成長,支持全球減緩氣候變遷的努力。

熔鹽太陽能儲熱和聚光太陽能發電市場的最新發展

熔鹽太陽能熱儲存和聚光太陽能發電產業已取得重要技術進步,使其更具可行性和可擴展性。這些發展正在使世界能源變得更加永續和高效,一些國家已率先將聚光太陽能發電和熔鹽儲能納入其能源結構。

  • 大型聚光太陽​​能發電廠建設:採用熔鹽儲能技術的大規模聚光太陽能發電廠已成為市場上的重大創新。這些發電廠透過可調度電力,改善了能源管理。美國和中國等國的大型專案正在展示如何利用熔鹽長期儲熱,從而實現持續發電。這項創新對於穩定電網和克服再生能源的間歇性問題至關重要。
  • 熔鹽成分的進展:熔鹽配方的最新進展也使儲能系統更有效率且經濟實惠。科學家正在努力開發具有優異熱性能的熔鹽,以增強其更長時間的儲熱能力,且不會分解。這些改進還能透過最大限度地減少儲能和回收過程中的熱量損失來提高光熱電站的發電量,使熔鹽成為更合適的大規模儲能選擇。
  • 混合型光熱發電系統的商業化:將太陽能熱能與光伏等其他再生能源技術結合的混合型光熱發電系統的商業化是一項顯著的進步。混合型系統減少了對熔鹽儲能的依賴,在保持高效率的同時降低了成本。這種方法正在許多國家的項目中使用,尤其是在陽光強度變化較大的地區,以確保最大限度地提高能源生產和儲能效率。
  • 人工智慧在光熱電站管理中的應用:將人工智慧 (AI) 融入光熱電站管理,有助於提升營運效率。人工智慧系統能夠預測能源需求、最佳化儲存並更好地融入電網。預測性維護以及即時性能監控可以降低營運成本,並長期維持電站的可靠性,這對於熔鹽和光熱電站系統的最佳化至關重要。
  • 更強大的國際合作夥伴關係:政府與私人企業之間的國際合作促進了熔鹽和聚光太陽能發電技術的研發。這些合作旨在降低成本、提高能源效率並在全球擴大專案規模。技術轉移和知識共享使聚光太陽能發電和熔鹽系統更加可行,尤其是在發展中國家,同時也刺激了對太陽能基礎設施的大規模投資。

這些開創性的進展為熔鹽儲能和光熱發電市場日益提升的成本效益、經濟性和可擴展性奠定了基礎。透過不斷的技術進步和全球合作,這些進展正在助力光熱發電和熔鹽儲能的商業化應用,邁向更綠色、更乾淨的能源未來。

目錄

第1章:執行摘要

第2章:全球熔鹽太陽能儲熱與聚光太陽能發電市場:市場動態

  • 簡介、背景和分類
  • 供應鏈
  • 產業驅動力與課題

第3章:2019年至2031年市場趨勢及預測分析

  • 宏觀經濟趨勢(2019-2024)及預測(2025-2031)
  • 全球熔鹽太陽能儲熱及聚光太陽能市場趨勢(2019-2024)及預測(2025-2031)
  • 全球熔鹽太陽能儲熱和聚光太陽能發電市場(按類型)
    • 槽式太陽能系統
    • 電力塔系統
    • 碟形/引擎系統
    • 其他
  • 全球熔鹽太陽能儲熱和聚光太陽能發電市場(按應用)
    • 發電
    • 工業加熱
    • 其他

第4章:2019 年至 2031 年各地區市場趨勢及預測分析

  • 全球熔鹽太陽能儲熱和聚光太陽能發電市場(按地區)
  • 北美熔鹽太陽能儲熱和聚光太陽能發電市場
    • 北美市場類型:槽式太陽能系統、塔式太陽能系統、碟式/引擎式太陽能系統及其他
    • 北美市場按應用分類:發電、工業加熱等
  • 歐洲熔鹽太陽能儲熱和聚光太陽能發電市場
    • 歐洲市場類型:槽式太陽能系統、塔式太陽能系統、碟式/引擎式太陽能系統及其他
    • 歐洲市場應用:發電、工業加熱等
  • 亞太地區熔鹽太陽能儲熱及聚光太陽能發電市場
    • 亞太地區市場類型:槽式太陽能系統、塔式太陽能系統、碟式/引擎式太陽能系統及其他
    • 亞太地區市場應用:發電、工業加熱等
  • 世界其他地區熔鹽太陽能儲熱和聚光太陽能發電市場
    • ROW 市場按類型分類:槽式太陽能系統、塔式太陽能系統、碟式/引擎式太陽能系統及其他
    • 按應用分類的 ROW 市場:發電、工業加熱等

第5章:競爭對手分析

  • 產品組合分析
  • 營運整合
  • 波特五力分析

第6章:成長機會與策略分析

  • 成長機會分析
    • 全球熔鹽太陽能熱儲存和聚光太陽能發電市場的成長機會(按類型)
    • 全球熔鹽太陽能儲熱和聚光太陽能發電市場的成長機會(按應用)
    • 全球熔鹽太陽能熱儲存和聚光太陽能發電市場各區域成長機會
  • 全球熔鹽太陽能儲熱和聚光太陽能發電市場的新趨勢
  • 戰略分析
    • 新產品開發
    • 全球熔鹽太陽能儲熱和聚光太陽能發電市場的產能擴張
    • 全球熔鹽太陽能儲熱和聚光太陽能發電市場的合併、收購和合資企業
    • 認證和許可

第7章:主要參與者的公司簡介

  • BrightSource Energy
  • Abengoa
  • Areva
  • Acciona
  • ESolar
  • SolarReserve
  • Wilson Solarpower
  • Novatec
  • Shams Power
  • ACWA
簡介目錄

The future of the global molten salt solar energy thermal storage and concentrated solar power market looks promising with opportunities in the generate electricity and industrial heating markets. The global molten salt solar energy thermal storage and concentrated solar power market is expected to grow with a CAGR of 19.9% from 2025 to 2031. The major drivers for this market are the rising demand for renewable energy, the growing need for energy storage solutions, and the increasing government support &investment.

  • Lucintel forecasts that, within the type category, power tower system is expected to witness the highest growth over the forecast period.
  • Within the application category, generate electricity is expected to witness higher growth.
  • In terms of region, APAC is expected to witness the highest growth over the forecast period.

Emerging Trends in the Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market

The molten salt solar energy thermal storage and concentrated solar power (CSP) industry is transforming at a breakneck pace, fueled by technological progress, policy incentives, and increasing demand for cleaner, more sustainable energy. An array of emerging trends is reshaping the industry, presenting new prospects for expansion and enhancing the viability of CSP technologies globally.

  • Combination of CSP with Energy Storage Solutions: CSP plants combined with molten salt storage are increasingly being used. In this combination, CSP plants are able to produce power even when the sun is not shining, providing a reliable energy supply. This is especially significant in areas of varied sunshine. The capability to store energy for hours or even days is greatly enhancing the reliability of CSP, placing it on par with other energy sources such as coal or natural gas. The attention is also being drawn towards maximizing storage duration and capacity to meet peak demand.
  • Cost Reduction and Efficiency Improvements: One of the most important trends in the molten salt storage and CSP industry is the movement towards lowering costs by leveraging technology advancements. Better materials, improved thermal conductivity, and improved heat transfer systems are making CSP facilities cheaper. With decreasing manufacturing costs and economies of scale being achieved, molten salt storage products are gaining competitiveness in terms of cost. Efficiency improvements also translate to reduced operational costs, making CSP technologies more competitive for large-scale commercial uses.
  • Hybridization of CSP with Other Renewable Energy Sources: Hybridization of CSP with other renewables such as photovoltaics (PV) and wind is in the upward swing. Hybrid CSP-PV power plants are being developed where solar thermal and PV are combined to ensure maximum energy generation with reduced storage cost. Hybrid systems not only ensure a steady supply of energy but also improve the economic viability of CSP projects, particularly in regions having variable solar resources.
  • Sophisticated Control and Monitoring Systems: Technological advancements in control and monitoring are optimizing the efficiency of CSP plants. Artificial Intelligence (AI), machine learning, and data analytics have transformed the management of these plants. Predictive analytics, for instance, can be applied to predict shifts in energy output and optimize the management of storage. Real-time monitoring ensures less maintenance cost and downtime, improving the overall system reliability and efficiency.
  • Policy and Regulatory Support for CSP Technologies: Government policies and regulatory systems are changing to facilitate the development of CSP and molten salt storage. Various nations are implementing subsidies, tax credits, and renewable energy goals that favor CSP investments. As nations attempt to achieve their decarbonization targets, incentives for CSP projects and energy storage will increase. Firm government support is assisting in enhancing market confidence and drawing more investments, which is speeding up the global deployment of CSP technologies.

These new trends in molten salt thermal storage and CSP technologies are transforming the energy landscape by enhancing efficiency, lowering costs, and providing more stable, renewable energy sources. As technology advances further, and governments enhance support for renewable energy, these trends are expected to propel significant growth in the CSP market, supporting global efforts to mitigate climate change.

Recent Developments in the Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market

The molten salt solar energy thermal storage and concentrated solar power industry has witnessed important technological advancements that are making it more viable and scalable. The developments are making the world a more sustainable and efficient place in terms of energy, with some nations taking the initiative of incorporating CSP and molten salt storage into their energy mix.

  • Construction of Large-Scale CSP Plants: Mass-scale CSP plants that use molten salt storage have been a major innovation in the market. The plants enable improved energy management through dispatchable power. Major projects in nations such as the U.S. and China are showing how molten salt can be used to store heat for extended periods, allowing for constant electricity production. This innovation has been crucial in stabilizing power grids and overcoming the intermittency issues of renewable energy.
  • Progress in Molten Salt Composition: Recent developments in molten salt formulations have also rendered storage systems more efficient and affordable. Scientists are looking to develop salts that have superior thermal characteristics, which enhance their heat storage capacity for longer periods without degrading. These improvements also enhance the energy yield from CSP plants by minimizing the heat loss in storage and recovery, making molten salt a more suitable option for mass energy storage.
  • Commercialization of Hybrid CSP Systems: Commercialization of hybrid CSP systems integrating solar thermal energy with other renewable technologies like PV is a notable advancement. Hybrid systems mitigate the dependence on molten salt storage, keeping costs low while efficiency remains high. This approach is being utilized in projects in various countries, particularly in areas where the intensity of the sun varies, ensuring maximum energy production and storage efficiency.
  • AI Implementation in CSP Plant Management: Incorporating Artificial Intelligence (AI) in CSP plant management is leading to an improvement in efficiency in operation. AI systems are able to forecast energy demand, optimize storage, and integrate on the grid better. Predictive maintenance as well as real-time monitoring of performance is lowering operational costs and maintaining the reliability of the plants in the long term, which is a critical improvement in the optimization of molten salt and CSP systems.
  • More Powerful International Partnerships: International partnerships between governments and private firms have spurred research and development of molten salt and CSP technologies. These partnerships are aimed at cost reduction, increased energy efficiency, and project scale-up globally. Technology transfers and shared knowledge have made CSP and molten salt systems more viable, particularly in developing countries, while stimulating big-ticket investments in solar power infrastructure.

These seminal advances are paving the way for an increasingly cost-efficient, economical, and scalable market for molten salt storage and CSP. Through increasing technological advances and worldwide collaboration, these advancements are aiding the expansion of the commercial use of CSP and molten salt storage towards a greener, cleaner energy future.

Strategic Growth Opportunities in the Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market

Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power market is on the cusp of huge growth, accelerated by new applications and developing technology. Such growth offers strategic value across industries, ranging from large utility projects to small decentralized uses. Through the analysis of key applications, we can see exactly which growth opportunities will redefine the renewable energy sector.

  • Utility-Scale CSP Projects: Utility-scale CSP projects remain a major growth prospect in high-solar-irradiance regions. Molten salt storage with large-scale CSP plants offers a consistent energy source, stabilizing grids and lowering the demand on fossil fuels. With CSP becoming more competitive due to technological improvements, the utility-scale market will grow on, especially in areas such as the U.S., China, and India, which enjoy rich solar energy resources.
  • Hybrid Renewable Energy Solutions: Hybridization of CSP with other renewable technologies, including wind and solar photovoltaics (PV), presents a compelling growth opportunity. Hybrid solutions optimize energy production with reduced storage needs. Hybrid CSP-PV power plants will increase in popularity, particularly in markets with variable solar intensity. This will not only lower costs but also expand the availability of dispatchable energy, making hybrid solutions a strategic option for energy developers.
  • Industrial Applications: Industrial processes' high-temperature energy requirements can be satisfied using molten salt storage and CSP technologies. With their ability to offer a renewable option for heating systems that are otherwise based on fossil fuels, CSP and molten salt storage can greatly minimize the carbon footprint of industries. Industrial applications offer a virgin growth market, with the uptake expected to rise as firms look for cleaner alternatives to conventional energy sources.
  • Remote and Off-Grid Solutions: Off-grid solutions, especially in rural and remote areas, offer another expanding market for CSP and molten salt technologies. These locations usually have issues with energy access, and CSP can provide a sustainable and consistent solution. Through the integration of molten salt storage, CSP plants can deliver power for days or hours, allowing off-grid communities to use electricity without the need for diesel generators or other dirty alternatives.
  • Residential and Commercial Solar Power: Molten salt storage and CSP technologies are starting to be used in residential and commercial solar power systems. Although historically the domain of large-scale projects, developments in CSP and molten salt storage are making these systems increasingly viable for smaller-scale applications. The residential CSP and storage market is growing as energy independence demand increases, especially in regions with high electricity prices or unstable grids.

The molten salt solar energy thermal storage and CSP market provides varied opportunities for growth across various applications. From utility-level projects, to hybrid systems, industrial applications, to off-grid applications, the technologies are integrating more and more into energy planning around the globe. With continuous development, such opportunities will significantly redefine the generation and storage of renewable energy on a global level.

Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market Driver and Challenges

The market for molten salt solar energy thermal storage and concentrated solar power (CSP) is influenced by several drivers and challenges. Policy frameworks, economic factors, and technological development have important contributions to the market's growth. Yet, some challenges of cost, efficiency, and market maturity remain to be overcome for continuous growth.

The factors responsible for driving the molten salt solar energy thermal storage and concentrated solar power market include:

1. Technological Advancements: Ongoing technological developments in molten salt mixtures, heat transfer equipment, and energy storage capacity are key drivers of CSP market growth. These technologies improve efficiency, lower costs, and enhance the long-term sustainability of CSP plants. With ongoing technology development, the global market for CSP will continue to grow, offering cleaner, more secure energy solutions.

2. Renewable Energy Policies: Government policies encouraging renewable energy are a major impetus in the expansion of the CSP and molten salt market. Incentives, tax credits, and renewable energy targets offer fiscal incentives for private entities to invest in CSP technology. As nations seek to achieve carbon neutrality targets, CSP and molten salt systems are viewed as critical to realizing energy transition targets, with policy support assured.

3. Increasing Demand for Clean Energy: Growing international demand for renewable energy sources is promoting the adoption of CSP and molten salt storage technologies. In the fight against climate change, the move away from fossil fuels to the use of renewable energy is not an option, but a must. CSP is a feasible large-scale renewable energy source, especially in regions of high sunlight concentration, and assists the industry to grow.

4. Energy Storage Needs: With increased renewable energy generation comes an increased requirement for energy storage facilities. Thermal energy storage in molten salt is an effective way of storing thermal energy and using it off-peak hours. Increased demand for stable energy storage solutions, coupled with growing solar power penetration in world energy markets, makes CSP with molten salt storage a suitable option.

5. Cost Reductions in CSP Technologies: Declining costs in CSP technology, especially in solar concentrators and storage systems, are a major driver. Improvements in material science and economies of scale have greatly lowered the cost of installing CSP plants, which has made them competitive with traditional energy sources. As CSP gets cheaper, its use in developed and developing countries will gain momentum.

Challenges in the molten salt solar energy thermal storage and concentrated solar power market are:

1. High Initial Investment Costs: One of the most prominent issues in the molten salt and CSP market is the large initial capital expenditure to construct CSP plants. Even with long-term cost savings, the initial cost of investment can prove a stumbling block for most developers. Offsetting these costs by technological innovation and funding assistance is critical to increased adoption.

2. Intermittency of Solar Power: Although CSP with molten salt storage provides a remedy for solar intermittency, generation still depends on sunlight, posing a challenge. CSP plants function best in places with high and uniform sunlight, which constrains their use in areas with poorer solar conditions. Overcoming the challenge calls for extensive technological breakthrough and infrastructure building.

3. Complexity of Scale-Up: Large-scale implementation of CSP and molten salt technologies to serve global energy needs is challenging. The large amounts of land, water, and infrastructure required for these projects limit their large-scale implementation. There is also the challenge of building adequate storage and distribution systems to effectively integrate CSP into national grids.

The market for CSP and molten salt is fueled by clean energy demand, favorable policy, and technology progress. There are still issues such as initial high investment requirements, intermittency, and scaling that need to be addressed. Balancing the driving forces against these issues will be essential for ensuring the viability and continued growth of CSP technologies worldwide.

List of Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies molten salt solar energy thermal storage and concentrated solar power companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the molten salt solar energy thermal storage and concentrated solar power companies profiled in this report include-

  • BrightSource Energy
  • Abengoa
  • Areva
  • Acciona
  • ESolar
  • SolarReserve
  • Wilson Solarpower
  • Novatec
  • Shams Power
  • ACWA

Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Segment

The study includes a forecast for the global molten salt solar energy thermal storage and concentrated solar power market by type, application, and region.

Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Type [Value from 2019 to 2031]:

  • Parabolic Trough Systems
  • Power Tower Systems
  • Dish/Engine Systems
  • Others

Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Application [Value from 2019 to 2031]:

  • Generate Electricity
  • Industrial Heating
  • Others

Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Region [Value from 2019 to 2031]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market

The molten salt solar energy thermal storage and concentrated solar power market technologies are becoming increasingly prominent as major solutions in the global transition to renewable energy. The technologies, which involve storing thermal energy with the help of molten salts, can generate electricity even when the sun is not available. This positions them well as a viable solution for generating consistent, reliable power from the sun. In recent years, nations such as the United States, China, Germany, India, and Japan have significantly progressed in developing CSP and MSTS, with increased investments and technological advancements.

  • United States: The United States has been at the forefront of Molten Salt Solar Energy and CSP technologies, with key projects such as the Crescent Dunes Solar Energy Project in Nevada. There has been increasing private and public investment in the development of more efficient thermal storage technologies, which has resulted in cost savings. Also, new federal policies favoring renewable energy have caused an explosion of CSP plants throughout the Southwest. Also, utility-scale projects are adding longer-duration energy storage, which can improve grid stability and minimize intermittency problems usually experienced with solar power.
  • China: China continues to ramp up investments in CSP and molten salt storage technologies. In recent years, China has been developing giant CSP plants, like the Dillingham CSP plant, that have molten salt thermal storage to ensure a stable energy supply. China's government has actively been promoting renewable energy with subsidies and supportive policies. With ambitious renewable energy goals, China will dominate CSP capacity, and efforts are being made toward cost-effective molten salt technology to increase efficiency and storage, bringing the technology within reach.
  • Germany: Germany has emerged as a hotbed for molten salt storage and CSP technology research and development due to its focus on decarbonizing its energy industry. Initiatives such as the Julich Solar Tower are proving molten salts to be viable for storing thermal energy. The government of Germany is investing generously in the establishment of integrated energy systems that integrate renewable energy with storage. Efficiency is being optimized and minimized cost of CSP technologies, with long-term storage for grid balance a major focus.
  • India: India is quickly embracing CSP and molten salt storage technology as part of its plan for increasing renewable energy capacity. India has initiated various projects in states with high sunshine rates, such as Rajasthan and Gujarat. India has entered into agreements with international entities to increase its CSP capacity and develop molten salt storage technologies. With large energy requirements and ambitious renewable energy targets, India is especially interested in lowering the cost of these technologies in order to make them commercially feasible and replicable.
  • Japan: Japan wants to become innovative in thermal energy storage technology with an emphasis on molten salt and CSP technology as part of its strategy towards curbing carbon emissions. The nation has been investing in R&D initiatives for enhancing the efficiency of molten salt thermal storage systems. Japan's government is aligning its energy policies to promote renewable energy, while the private sector is investigating CSP for grid energy balancing. Japanese initiatives are concentrating on modular designs and lower-cost molten salt alternatives to address utility-scale and smaller-scale applications.

Features of the Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market

Market Size Estimates: Molten salt solar energy thermal storage and concentrated solar power market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Molten salt solar energy thermal storage and concentrated solar power market size by type, application, and region in terms of value ($B).

Regional Analysis: Molten salt solar energy thermal storage and concentrated solar power market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the molten salt solar energy thermal storage and concentrated solar power market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the molten salt solar energy thermal storage and concentrated solar power market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the molten salt solar energy thermal storage and concentrated solar power market by type (parabolic trough systems, power tower systems, dish/engine systems, and others), application (generate electricity, industrial heating, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

  • 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
  • 3.2. Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market Trends (2019-2024) and Forecast (2025-2031)
  • 3.3: Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Type
    • 3.3.1: Parabolic Trough Systems
    • 3.3.2: Power Tower Systems
    • 3.3.3: Dish/Engine Systems
    • 3.3.4: Others
  • 3.4: Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Application
    • 3.4.1: Generate Electricity
    • 3.4.2: Industrial Heating
    • 3.4.3: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

  • 4.1: Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Region
  • 4.2: North American Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market
    • 4.2.1: North American Market by Type: Parabolic Trough Systems, Power Tower Systems, Dish/Engine Systems, and Others
    • 4.2.2: North American Market by Application: Generate Electricity, Industrial Heating, and Others
  • 4.3: European Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market
    • 4.3.1: European Market by Type: Parabolic Trough Systems, Power Tower Systems, Dish/Engine Systems, and Others
    • 4.3.2: European Market by Application: Generate Electricity, Industrial Heating, and Others
  • 4.4: APAC Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market
    • 4.4.1: APAC Market by Type: Parabolic Trough Systems, Power Tower Systems, Dish/Engine Systems, and Others
    • 4.4.2: APAC Market by Application: Generate Electricity, Industrial Heating, and Others
  • 4.5: ROW Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market
    • 4.5.1: ROW Market by Type: Parabolic Trough Systems, Power Tower Systems, Dish/Engine Systems, and Others
    • 4.5.2: ROW Market by Application: Generate Electricity, Industrial Heating, and Others

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Type
    • 6.1.2: Growth Opportunities for the Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Application
    • 6.1.3: Growth Opportunities for the Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market by Region
  • 6.2: Emerging Trends in the Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: BrightSource Energy
  • 7.2: Abengoa
  • 7.3: Areva
  • 7.4: Acciona
  • 7.5: ESolar
  • 7.6: SolarReserve
  • 7.7: Wilson Solarpower
  • 7.8: Novatec
  • 7.9: Shams Power
  • 7.10: ACWA