Concentrated Photovoltaic (CPV) Market (Updated Version Available)

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.

The report offers detailed coverage of Concentrated Photovoltaic (CPV) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Concentrated Photovoltaic (CPV) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Concentrated Photovoltaic (CPV) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Concentrated Photovoltaic (CPV) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Arzon Solar (Amonix)
Isofoton S.A.
Magpower
Semprius Inc.
Soitec
Solar Junction
Silex
Suncore Photovoltaic
Sunpower Corporation
Zytech Solar
SolFocus

At the same time, we classify Concentrated Photovoltaic (CPV) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
LCPV
HCPV
Market by Application
Commercial
Utility-Scale
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Concentrated Photovoltaic (CPV) market for the forecast period 2021 - 2025?
• What are the driving forces in the Concentrated Photovoltaic (CPV) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Concentrated Photovoltaic (CPV) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?