About Concentrated Photovoltaic Systems

Concentrated photovoltaic (CPV) is a solar photovoltaic technology that uses lenses or mirrors to focus and concentrate sunlight onto a relatively small area of a photovoltaic cell to generate electricity from sunlight.

Technavio’s analysts forecast the global concentrated photovoltaic systems market to grow at a CAGR of 11.63% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global concentrated photovoltaic systems market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Concentrated Photovoltaic Systems Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Arzon Solar
• BSQ Solar
• Guangdong Redsolar Photovoltaic Technology
• Magpower
• Saint-Augustin Canada Electric
• San’an Optoelectronics

Market driver
• Advantages of CPV systems
• For a full, detailed list, view our report

Market challenge
• Declining cost of solar PV modules
• For a full, detailed list, view our report

Market trend
• Rising patent filings
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.