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Global Concentrated Photovoltaic (CPV) Is Expected to Grow at a CAGR 7.3% and Reach 970 Million USD in 2023, from 640 Million USD in 2017

New Global Concentrated Photovoltaic (CPV) Market Report Covers market forecast and top Companies like Arzon Solar (Amonix), Isofoton S.A., Magpower, Semprius Inc., Soitec and others.

 

Lewes, DE -- (SBWIRE) -- 07/12/2018 -- The worldwide market for Concentrated Photovoltaic (CPV) is expected to grow at a CAGR of roughly 7.3% over the next five years, will reach 970 million US$ in 2023, from 640 million US$ in 2017, according to a new study.

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.

Scope of the Report:
- This report focuses on the Concentrated Photovoltaic (CPV) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- 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.
- The worldwide market for Concentrated Photovoltaic (CPV) is expected to grow at a CAGR of roughly 7.3% over the next five years, will reach 970 million US$ in 2023, from 640 million US$ in 2017, according to a new study.

Market Segment by Manufacturers, this report covers
- Arzon Solar (Amonix)
- Isofoton S.A.
- Magpower
- Semprius Inc.
- Soitec
- Solar Junction
- Silex
- Suncore Photovoltaic
- Sunpower Corporation
- Zytech Solar
- SolFocus

Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
- LCPV
- HCPV

Market Segment by Applications, can be divided into
- Commercial
- Utility-Scale
- Others

There are 15 Chapters to deeply display the global Concentrated Photovoltaic (CPV) market.
- Chapter 1, to describe Concentrated Photovoltaic (CPV) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
- Chapter 2, to analyze the top manufacturers of Concentrated Photovoltaic (CPV), with sales, revenue, and price of Concentrated Photovoltaic (CPV), in 2016 and 2017;
- Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
- Chapter 4, to show the global market by regions, with sales, revenue and market share of Concentrated Photovoltaic (CPV), for each region, from 2013 to 2018;
- Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
- Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
- Chapter 12, Concentrated Photovoltaic (CPV) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
- Chapter 13, 14 and 15, to describe Concentrated Photovoltaic (CPV) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Spanning over 130 pages "Forecast of Global Concentrated Photovoltaic (CPV) Market 2023" report covers Market Overview, Manufacturers Profiles, Global Concentrated Photovoltaic (CPV) Market Competition, by Manufacturer, Global Concentrated Photovoltaic (CPV) Market Analysis by Regions, North America Concentrated Photovoltaic (CPV) by Countries, Type, Application and Manufacturers, Europe Concentrated Photovoltaic (CPV) by Countries, Type, Application and Manufacturers, Asia-Pacific Concentrated Photovoltaic (CPV) by Countries, Type, Application and Manufacturers, South America Concentrated Photovoltaic (CPV) by Countries, Type, Application and Manufacturers, Middle East and Africa Concentrated Photovoltaic (CPV) by Countries, Type, Application and Manufacturers, Global Concentrated Photovoltaic (CPV) Market Segment by Type, Global Concentrated Photovoltaic (CPV) Market Segment by Application, Concentrated Photovoltaic (CPV) Market Forecast (2018-2023), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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