In this report, the United States CPV Solar market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2025.
Concentrator photovoltaic is a type of photovoltaic technology, which generates power from sunlight concentrated on a surface. Unlike traditional photovoltaic methods, it makes use of specialized mirrors or lenses to concentrate sunlight on very small, highly efficient, and multi-junction solar cell arrays. The most popular concentrator photovoltaic is the solar roof shingles. Though it has its own benefits such as minimal construction, ease of installation, and low maintenance, these photovoltaic roof shingles are not recommended for residential use. Residential Concentrator Photovoltaic (CPV) systems are made for the sole purpose of powering homes, offices, hospitals, and other such establishments.
Market Dynamics
Increasing number of solar farms is expected to propel growth of the U.S CPV solar market over the forecast period. Solar Farm For instance, in March 2021, Competitive Power Ventures announced plans to file an application with the State of Maryland for a Certificate of Public Convenience and Necessity to construct and operate the 175 MWac Backbone Solar Farm.
Launch of new PV panel plants is expected to offer lucrative growth opportunities for players in the U.S CPV solar market. For instance, in May 2019, Toledo Solar, Inc. started its first U.S.-based cadmium telluride solar PV panel plant.
The U.S CPV solar market is witnessing several M&A activities. For instance, in August 2020, First Solar, Inc. entered into a Membership Interest Purchase Agreement with NovaSource Power Services, pursuant to which NovaSource will acquire First Solar’s North American Operations and Maintenance (O&M) business.
Key Takeaways
- Increasing number of solar farms is expected to propel growth of the U.S CPV solar market over the forecast period. For instance, in July 2021, Competitive Power Ventures announced to provide solar energy for an aluminum extrusion plant in Pennsylvania.
- Increasing preference for solar energy is expected to offer lucrative growth opportunities for players in the U.S CPV solar market over the forecast period. For instance, in June 2019, a survey of CITE Research on behalf of Vivint Solar reported that 70% adults in the U.S. support a nationwide mandate requiring solar panels to be installed on all newly built homes.
- Major players operating in the U.S CPV solar market include, Emcore USA, LORENTZ Germany, Amonix USA, OPEL USA, Green Volts USA, Cool Earth Solar USA, Abengoa Spain, Isofoton Spain, Arima Eco Energy Taiwan, Comp Solar Taiwan, Everphoton Taiwan, Suntrix China, Sanan Optoelectronics Xiamen, Lida Optoelectronics Henan, Solar Systems Australia, WS Energia Portugal, ES System Korea, Whitfield UK, CPower Italy, Square Engineering India, Soitec France, Hanlong Group China, and SKYSource China
Geographically, this report splits the United States market into seven regions:
The West
Southwest
The Middle Atlantic
New England
The South
The Midwest
with sales (volume), revenue (value), market share and growth rate of CPV Solar in these regions, from 2014 to 2025 (forecast).
United States CPV Solar market competition by top manufacturers/players, with CPV Solar sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
SolFocus USA
Emcore USA
LORENTZ Germany
Amonix USA
OPEL USA
Green Volts USA
Cool Earth Solar USA
Abengoa Spain
Isofoton Spain
Arima Eco Energy Taiwan
Comp Solar Taiwan
Everphoton Taiwan
Suntrix China
Sanan Optoelectronics Xiamen
Lida Optoelectronics Henan
Solar Systems Australia
WS Energia Portugal
ES System Korea
Whitfield UK
CPower Italy
Square Engineering India
Soitec France
Hanlong Group China
SKYSource China
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
LCPV(2-100)
MCPV(100-300)
HCPV(>300)
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of CPV Solar for each application, including
Commercial Power
Residential Power
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Table of Contents
United States CPV Solar Market Report 2019
1 CPV Solar Overview
1.1 Product Overview and Scope of CPV Solar
1.2 Classification of CPV Solar by Product Category
1.2.1 United States CPV Solar Market Size (Sales Volume) Comparison by Type (2014-2025)
1.2.2 United States CPV Solar Market Size (Sales Volume) Market Share by Type (Product Category) in 2018
1.2.3 LCPV(2-100)
1.2.4 MCPV(100-300)
1.2.5 HCPV(>300)
1.3 United States CPV Solar Market by Application/End Users
1.3.1 United States CPV Solar Market Size (Consumption) and Market Share Comparison by Application (2014-2025)
1.3.2 Commercial Power
1.3.3 Residential Power
1.4 United States CPV Solar Market by Region
1.4.1 United States CPV Solar Market Size (Value) Comparison by Region (2014-2025)
1.4.2 The West CPV Solar Status and Prospect (2014-2025)
1.4.3 Southwest CPV Solar Status and Prospect (2014-2025)
1.4.4 The Middle Atlantic CPV Solar Status and Prospect (2014-2025)
1.4.5 New England CPV Solar Status and Prospect (2014-2025)
1.4.6 The South CPV Solar Status and Prospect (2014-2025)
1.4.7 The Midwest CPV Solar Status and Prospect (2014-2025)
1.5 United States Market Size (Value and Volume) of CPV Solar (2014-2025)
1.5.1 United States CPV Solar Sales and Growth Rate (2014-2025)
1.5.2 United States CPV Solar Revenue and Growth Rate (2014-2025)
2 United States CPV Solar Market Competition by Players/Suppliers
2.1 United States CPV Solar Sales and Market Share of Key Players/Suppliers (2014-2019)
2.2 United States CPV Solar Revenue and Share by Players/Suppliers (2014-2019)
2.3 United States CPV Solar Average Price by Players/Suppliers (2014-2019)
2.4 United States CPV Solar Market Competitive Situation and Trends
2.4.1 United States CPV Solar Market Concentration Rate
2.4.2 United States CPV Solar Market Share of Top 3 and Top 5 Players/Suppliers
2.4.3 Mergers & Acquisitions, Expansion in United States Market
2.5 United States Players/Suppliers CPV Solar Manufacturing Base Distribution, Sales Area, Product Type
3 United States CPV Solar Sales (Volume) and Revenue (Value) by Region (2014-2019)
3.1 United States CPV Solar Sales and Market Share by Region (2014-2019)
3.2 United States CPV Solar Revenue and Market Share by Region (2014-2019)
3.3 United States CPV Solar Price by Region (2014-2019)
4 United States CPV Solar Sales (Volume) and Revenue (Value) by Type (Product Category) (2014-2019)
4.1 United States CPV Solar Sales and Market Share by Type (Product Category) (2014-2019)
4.2 United States CPV Solar Revenue and Market Share by Type (2014-2019)
4.3 United States CPV Solar Price by Type (2014-2019)
4.4 United States CPV Solar Sales Growth Rate by Type (2014-2019)
5 United States CPV Solar Sales (Volume) by Application (2014-2019)
5.1 United States CPV Solar Sales and Market Share by Application (2014-2019)
5.2 United States CPV Solar Sales Growth Rate by Application (2014-2019)
5.3 Market Drivers and Opportunities
6 United States CPV Solar Players/Suppliers Profiles and Sales Data
6.1 SolFocus USA
6.1.1 Company Basic Information, Manufacturing Base and Competitors
6.1.2 CPV Solar Product Category, Application and Specification
6.1.2.1 Product A
6.1.2.2 Product B
6.1.3 SolFocus USA CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.1.4 Main Business/Business Overview
6.2 Emcore USA
6.2.2 CPV Solar Product Category, Application and Specification
6.2.2.1 Product A
6.2.2.2 Product B
6.2.3 Emcore USA CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.2.4 Main Business/Business Overview
6.3 LORENTZ Germany
6.3.2 CPV Solar Product Category, Application and Specification
6.3.2.1 Product A
6.3.2.2 Product B
6.3.3 LORENTZ Germany CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.3.4 Main Business/Business Overview
6.4 Amonix USA
6.4.2 CPV Solar Product Category, Application and Specification
6.4.2.1 Product A
6.4.2.2 Product B
6.4.3 Amonix USA CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.4.4 Main Business/Business Overview
6.5 OPEL USA
6.5.2 CPV Solar Product Category, Application and Specification
6.5.2.1 Product A
6.5.2.2 Product B
6.5.3 OPEL USA CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.5.4 Main Business/Business Overview
6.6 Green Volts USA
6.6.2 CPV Solar Product Category, Application and Specification
6.6.2.1 Product A
6.6.2.2 Product B
6.6.3 Green Volts USA CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.6.4 Main Business/Business Overview
6.7 Cool Earth Solar USA
6.7.2 CPV Solar Product Category, Application and Specification
6.7.2.1 Product A
6.7.2.2 Product B
6.7.3 Cool Earth Solar USA CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.7.4 Main Business/Business Overview
6.8 Abengoa Spain
6.8.2 CPV Solar Product Category, Application and Specification
6.8.2.1 Product A
6.8.2.2 Product B
6.8.3 Abengoa Spain CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.8.4 Main Business/Business Overview
6.9 Isofoton Spain
6.9.2 CPV Solar Product Category, Application and Specification
6.9.2.1 Product A
6.9.2.2 Product B
6.9.3 Isofoton Spain CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.9.4 Main Business/Business Overview
6.10 Arima Eco Energy Taiwan
6.10.2 CPV Solar Product Category, Application and Specification
6.10.2.1 Product A
6.10.2.2 Product B
6.10.3 Arima Eco Energy Taiwan CPV Solar Sales, Revenue, Price and Gross Margin (2014-2019)
6.10.4 Main Business/Business Overview
6.11 Comp Solar Taiwan
6.12 Everphoton Taiwan
6.13 Suntrix China
6.14 Sanan Optoelectronics Xiamen
6.15 Lida Optoelectronics Henan
6.16 Solar Systems Australia
6.17 WS Energia Portugal
6.18 ES System Korea
6.19 Whitfield UK
6.20 CPower Italy
6.21 Square Engineering India
6.22 Soitec France
6.23 Hanlong Group China
6.24 SKYSource China
7 CPV Solar Manufacturing Cost Analysis
7.1 CPV Solar Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Price Trend of Key Raw Materials
7.1.3 Key Suppliers of Raw Materials
7.1.4 Market Concentration Rate of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Manufacturing Process Analysis of CPV Solar
8 Industrial Chain, Sourcing Strategy and Downstream Buyers
8.1 CPV Solar Industrial Chain Analysis
8.2 Upstream Raw Materials Sourcing
8.3 Raw Materials Sources of CPV Solar Major Manufacturers in 2018
8.4 Downstream Buyers
9 Marketing Strategy Analysis, Distributors/Traders
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.1.3 Marketing Channel Development Trend
9.2 Market Positioning
9.2.1 Pricing Strategy
9.2.2 Brand Strategy
9.2.3 Target Client
9.3 Distributors/Traders List
10 Market Effect Factors Analysis
10.1 Technology Progress/Risk
10.1.1 Substitutes Threat
10.1.2 Technology Progress in Related Industry
10.2 Consumer Needs/Customer Preference Change
10.3 Economic/Political Environmental Change
11 United States CPV Solar Market Size (Value and Volume) Forecast (2019-2025)
11.1 United States CPV Solar Sales Volume, Revenue Forecast (2019-2025)
11.2 United States CPV Solar Sales Volume Forecast by Type (2019-2025)
11.3 United States CPV Solar Sales Volume Forecast by Application (2019-2025)
11.4 United States CPV Solar Sales Volume Forecast by Region (2019-2025)
12 Research Findings and Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
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