Saudi Arabia Concentrating Solar Power Market (2025-2031) Outlook | Share, Companies, Revenue, Forecast, Growth, Analysis, Size, Industry, Value & Trends

Market Forecast By Technology (Solar Power Towers, Linear Concentrating Systems, Dish Stirling Technology), By Operation Type (Stand-alone, Storage), By Capacity (Less than 50 MW, 50 MW to 100 MW, 100 MW and Above), By End User (Utilities, Enhanced Oil Recovery (EOR), Others) And Competitive Landscape
Product Code: ETC4520440 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Saudi Arabia Concentrating Solar Power Market Overview

Concentrating solar power (CSP) systems use mirrors or lenses to focus sunlight, generating high-temperature heat for electricity production. In Saudi Arabia, this market focuses on CSP technologies for sustainable energy generation and storage.

Drivers of the Market

The concentrating solar power market is expanding as Saudi Arabia seeks to harness solar energy with advanced technologies. Concentrating solar power systems use mirrors or lenses to concentrate sunlight and generate heat for power generation. With the abundant solar resources in the region and the desire to increase solar energy capacity, the demand for concentrating solar power is witnessing growth in Saudi Arabia.

Challenges of the Market

The concentrating solar power market in Saudi Arabia confronts challenges related to high upfront costs and the need for thermal energy storage solutions to ensure continuous power generation, as well as grid integration and land use concerns.

COVID-19 Impact on the Market

The concentrating solar power market faced challenges during the COVID-19 pandemic, with disruptions in solar energy and thermal power applications. Recovery is associated with the revival of renewable energy projects and the demand for efficient and sustainable solar thermal power solutions.

Key Players in the Market

Prominent companies in the Saudi Arabia concentrating solar power market include Abengoa Solar, ACWA Power, and BrightSource Energy, delivering concentrating solar power solutions.

Key Highlights of the Report:

  • Saudi Arabia Concentrating Solar Power Market Outlook
  • Market Size of Saudi Arabia Concentrating Solar Power Market, 2024
  • Forecast of Saudi Arabia Concentrating Solar Power Market, 2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Revenues & Volume for the Period 2021-2031
  • Saudi Arabia Concentrating Solar Power Market Trend Evolution
  • Saudi Arabia Concentrating Solar Power Market Drivers and Challenges
  • Saudi Arabia Concentrating Solar Power Price Trends
  • Saudi Arabia Concentrating Solar Power Porter's Five Forces
  • Saudi Arabia Concentrating Solar Power Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Solar Power Towers for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Linear Concentrating Systems for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Dish Stirling Technology for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Operation Type for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Stand-alone for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Storage for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Capacity for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Less than 50 MW for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By 50 MW to 100 MW for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By 100 MW and Above for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Utilities for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Enhanced Oil Recovery (EOR) for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Concentrating Solar Power Market Revenues & Volume By Others for the Period 2021-2031
  • Saudi Arabia Concentrating Solar Power Import Export Trade Statistics
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Operation Type
  • Market Opportunity Assessment By Capacity
  • Market Opportunity Assessment By End User
  • Saudi Arabia Concentrating Solar Power Top Companies Market Share
  • Saudi Arabia Concentrating Solar Power Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Concentrating Solar Power Company Profiles
  • Saudi Arabia Concentrating Solar Power Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Saudi Arabia Concentrating Solar Power Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, 2021 & 2031F

3.3 Saudi Arabia Concentrating Solar Power Market - Industry Life Cycle

3.4 Saudi Arabia Concentrating Solar Power Market - Porter's Five Forces

3.5 Saudi Arabia Concentrating Solar Power Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.6 Saudi Arabia Concentrating Solar Power Market Revenues & Volume Share, By Operation Type, 2021 & 2031F

3.7 Saudi Arabia Concentrating Solar Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F

3.8 Saudi Arabia Concentrating Solar Power Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Saudi Arabia Concentrating Solar Power Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government support and favorable policies promoting renewable energy projects

4.2.2 Increasing focus on reducing carbon emissions and achieving sustainability goals

4.2.3 Abundance of sunlight in Saudi Arabia leading to high solar energy potential

4.3 Market Restraints

4.3.1 High initial investment costs for setting up concentrating solar power plants

4.3.2 Intermittency and variability of solar power generation affecting reliability

4.3.3 Competition from other renewable energy sources like wind and photovoltaic solar power

5 Saudi Arabia Concentrating Solar Power Market Trends

6 Saudi Arabia Concentrating Solar Power Market, By Types

6.1 Saudi Arabia Concentrating Solar Power Market, By Technology

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Technology, 2021-2031F

6.1.3 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Solar Power Towers, 2021-2031F

6.1.4 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Linear Concentrating Systems, 2021-2031F

6.1.5 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Dish Stirling Technology, 2021-2031F

6.2 Saudi Arabia Concentrating Solar Power Market, By Operation Type

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Stand-alone, 2021-2031F

6.2.3 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Storage, 2021-2031F

6.3 Saudi Arabia Concentrating Solar Power Market, By Capacity

6.3.1 Overview and Analysis

6.3.2 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Less than 50 MW, 2021-2031F

6.3.3 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By 50 MW to 100 MW, 2021-2031F

6.3.4 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By 100 MW and Above, 2021-2031F

6.4 Saudi Arabia Concentrating Solar Power Market, By End User

6.4.1 Overview and Analysis

6.4.2 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Utilities, 2021-2031F

6.4.3 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Enhanced Oil Recovery (EOR), 2021-2031F

6.4.4 Saudi Arabia Concentrating Solar Power Market Revenues & Volume, By Others, 2021-2031F

7 Saudi Arabia Concentrating Solar Power Market Import-Export Trade Statistics

7.1 Saudi Arabia Concentrating Solar Power Market Export to Major Countries

7.2 Saudi Arabia Concentrating Solar Power Market Imports from Major Countries

8 Saudi Arabia Concentrating Solar Power Market Key Performance Indicators

8.1 Levelized Cost of Electricity (LCOE) for concentrating solar power projects

8.2 Capacity utilization factor of concentrating solar power plants

8.3 Rate of adoption of concentrating solar power technology in Saudi Arabia

9 Saudi Arabia Concentrating Solar Power Market - Opportunity Assessment

9.1 Saudi Arabia Concentrating Solar Power Market Opportunity Assessment, By Technology, 2021 & 2031F

9.2 Saudi Arabia Concentrating Solar Power Market Opportunity Assessment, By Operation Type, 2021 & 2031F

9.3 Saudi Arabia Concentrating Solar Power Market Opportunity Assessment, By Capacity, 2021 & 2031F

9.4 Saudi Arabia Concentrating Solar Power Market Opportunity Assessment, By End User, 2021 & 2031F

10 Saudi Arabia Concentrating Solar Power Market - Competitive Landscape

10.1 Saudi Arabia Concentrating Solar Power Market Revenue Share, By Companies, 2024

10.2 Saudi Arabia Concentrating Solar Power Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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