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Global Solar Concentrated Photovoltaic Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Solar CPV market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers in this market is the reduction in average installation prices of solar CPV systems. With solar CPV manufacturing companies achieving economies of scale and obtaining government support, the average prices of these systems are declining. This has resulted in solar CPV systems becoming affordable, leading to an increase in the number of installations across the world.
Further, the report states that one of the major challenges in this market is the lack of standardization of solar CPV components. Without set standards, it is difficult for manufacturers to reduce the production cost of solar CPV systems.