Solar Photovoltaic (PV) System Installation Market is expected to grow at a CAGR of 5.6% from 2012 to 2018. Transparency Market Research

The global solar PV installation was 29.6 GW in 2011 and is expected to reach 60.05 GW in 2018, growing at a CAGR of 10.7% from 2012 to 2018. In terms of revenue, the market is expected to grow at a CAGR of 5.6% from 2012 to 2018.

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Solar PV technologies estimated and forecasted in this study comprise of thin film PV, crystalline silicon PV and Others (organic solar PV, CPV etc.). Abundant supply of sunlight/ solar energy, growing demand for electricity, well-matched alternative with adequate output efficiency, lower than expected solar PV system prices, strong government support in the form of incentive schemes, favorable regulatory scenario and growing application scope are expected to drive solar PV systems demand over the next five years.

The wet climate across different geographic regions leading to deterioration of solar panels, limited life of batteries utilized in off-grid solar PV systems, slashed feed-in tariff rates, irregular solar intensities, and oversupply conditions are collectively expected to restrain the market growth of solar PV systems.

The residential end use sector is expected to be one of the rapidly growing markets and accounted for 30.22% of the overall demand in 2011. Increasing applications in utility-scale enabled this sector to dominate the solar PV market in 2011, accounting for 43.07% of market share. The residential sector is expected to attain 33.36% market share by 2018.

Key products analyzed and estimated in this study include thin film PV, crystalline silicon PV (c-Si PV) and Other types (organic solar PV, Concentrated PV etc.) of solar PV's. The study also covers grid-connected and off-grid PV systems. Grid-connected solar PV's dominated the grid type market, accounting for 98.03% of the overall installed capacity in 2011. Crystalline silicon solar PV has captured majority of the market and accounted for 80.81% of the overall installed capacity in 2011. Thin film PV market follows the c-Si PV market and is expected to grow with a CAGR of 18.0% from 2012 to 2018.

In terms of volume, EMEA dominated the global market accounting for over 75.7% of the overall annually installed capacity in 2011. Europe is followed by Asia Pacific in terms of solar PV installations due to high demand in emerging economies, especially China and India. Annual installations of solar PV are expected to increase in Asia Pacific due to increasing solar PV application scope, particularly in utility-scale, commercial and residential sectors. The current paradigm shift in the solar PV market is expected to change the scenario by 2018 with the Asia Pacific solar PV market volume expected to grow at a CAGR 16.99% from 2012 to 2018 owing to strong government support and lower prices.

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The study also provides extensive geographical analysis of the solar PV market, wherein the demand for various applications and end user industries as well as key regions has been forecasted for North America, EMEA, Asia Pacific and Rest of the World. In addition, a detailed analysis of the cause and effect of these applications in a particular region is also provided.

Key market participants profiled in this report include Suntech Power Holdings Co. Ltd., First Solar Inc, Canadian Solar Inc, Yingli Green Energy Holdings Co. Ltd., Trina Solar Ltd., Bosch Solar Energy AG and others.

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This research analyzes and estimates the performance and installed capacity of solar PV systems in the global scenario, providing detailed trend analysis of the market by geography and technology and comprehensive analysis of companies dealing in solar PV. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the solar PV installation market as below:

Global solar PV Installation market, by grid type

Grid-connected solar PV

Off-grid solar PV

Global solar PV Installation market, by technology

Thin film PV

Crystalline silicon PV

Others (organic solar PV, CPV etc.)

Global solar PV Installation market, by end use

Residential

Commercial

Utility-scale

Global solar PV Installation market, by geography

North America

EMEA

Asia-Pacific

Rest of the World (RoW)

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Global Fuel Cells Market growing at a CAGR of 15.0% from 2013 to 2018. Transparency Market Research

Global fuel cells demand was worth USD 355.3 million in 2011 and is estimated to reach USD 910.3 million in 2018, growing at a CAGR of 15.0% from 2013 to 2018. Asia-Pacific and North America dominate the global market in terms of demand, and Europe is estimated to be the most promising market in the near future.

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The fuel cells market by product type is majorly covered by PEMFC (Proton Exchange Membrane Fuel Cell) in terms of revenue followed by MCFC (Molten Carbonate Fuel Cell). PEMFC and MCFC are expected to grow at a CAGR of 11.5% and 17.8% respectively from 2013 to 2018. In terms of power (MW), PEMFC and MCFC again dominated the market, accounting for 46.3% and 39.2% of total demand in 2011 respectively. However, by 2018, MCFC is likely to overtake PEMFC market owing to the increasing market of stationary fuel cell systems. PEMFC is used in a wide variety of applications including forklifts, automobiles, telecommunications, data centers, primary and backup power systems owing to its relatively low operating temperature and high power density. MCFC fuel cells are mainly used for stationary power generation and CHP applications, and are available as commercial products.

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Fuel cells are currently more dominant in the North America due to regulatory support and technological innovation push in recent times. U.S. is expected to emerge as one of the biggest markets for fuel cell vehicles by 2018. Asia-Pacific is the other major region where the fuel cells market is very strong with demand expected to grow at a CAGR of about 12% from 2013 to 2018. In Asia-Pacific, Japan and South Korea dominate the market revenue for fuel cells. Europe is expected to grow at the highest rate among these three major regions, driven primarily by regulatory policies pushing for sustainability and is expected to cover a substantial part of the market by 2018. With regional coverage, the study also provides comprehensive market data on key countries such as U.S., Canada, Japan, South Korea, Germany, UK, Norway, Sweden and Denmark.

Key participants in the fuel cells market include Fuel Cell Energy, Ballard, Clearedge, Toshiba, Panasonic, Plug Power Inc. and Hydrogenics Corporation.

This research analyzes and estimates the performance and demand of fuel cells in the global scenario. The research provides detailed trend analysis of the fuel cells market, demand by geography and detailed analysis of companies that are dealing in fuel cells. The report covers all the major segment types of the fuel cells market and provides statistically refined forecast and historical data for the segments covered. The report presents a comprehensive assessment of the strategies followed by different stakeholders by segmenting the fuel cells market as below:

Global Fuel Cells market, by fuel

Hydrogen

Natural Gas

Methanol

Global Fuel Cells market, by product

Proton Exchange Membrane Fuel Cell (PEMFC)

Direct Methanol Fuel Cell (DMFC)

Phosphoric Acid Fuel Cell (PAFC)

Solid Oxide Fuel Cell (SOFC)

Molten Carbonate Fuel Cell (MCFC)

Alkaline Fuel Cell (AFC)

Global Fuel Cells market, by application

Stationary

Transportation

Portable

Global Fuel Cells market, by geography

North America

U.S.

Canada

Europe

Germany

U.K.

Denmark

Norway

Sweden

Asia-Pacific

Japan

South Korea

Rest of the World (RoW)

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Onshore Wind Energy and Wind Turbine Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

Wind energy is a relatively mature method of generating renewable energy. It has garnered significant share in the global renewable energy market due to its relatively mature technology and low cost of generation vis-a-vis other renewable energy sources. The wind industry's rapid development in the past few years indicates its significant potential to create jobs, spur economic activity and reduce greenhouse gas emissions.

Onshore wind energy is a relatively old technology. It has emerged as one of the most developed renewable energy generation methods in use currently. Both project development experience and technology maturity for the onshore wind energy sector is relatively high. The market for wind turbine suppliers is consolidated in nature, with 10 major turbine suppliers accounting for nearly 75% of the annual installations in 2013. The high technology maturity component is one of the primary driving factors for wind energy. A large number of project developers exist in the market. These are duly supported by national government installation targets. This has helped boost investor confidence in the wind energy sector. The technology has achieved a certain degree of maturity; however, there is still ample scope for cost reduction through technological innovations and deployment of large multi-megawatt turbines.

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This research is designed to estimate, analyze and forecast the market volume and revenue for the wind power generation market. It provides an in-depth analysis of the market size of wind power in terms of capacity (MW) and revenue (USD Billion). The baseline data for this report has been taken as 2013, while all the forecasts are carried out for the 2014 to 2020 period. Wind energy can be broadly segmented into offshore and onshore. However, this report focuses exclusively on the onshore market. The report analyzes the onshore wind energy sector in detail along with deep dive research that spans five regions and 36 countries. The market has been segmented based on geography into five regions: North America, Asia Pacific, Europe, the Middle East & Africa and South & Central America. About 36 countries across these five regions have been separately analyzed to obtain a better idea of the wind energy sector globally. The market has been forecasted using the unique bottom-up approach, where individual country forecasts were added up to provide regional and global market sizes. The report primarily focuses on wind turbine developers as they form an integral part of the wind value chain. Turbine cost projections and forecasts have been provided in the report and accounted for while calculating revenue figures. The company market share provided in the report focuses on the market share of wind turbine manufacturers with respect to turbine capacities supplied by them for 2013.

The market size for onshore wind power generation has been estimated by studying the possible future technology trends in the market. Detailed research of countries and region-specific wind associations has been undertaken to estimate and forecast the installed capacity and investments in the onshore wind energy sector. As part of the bottom-up approach adopted for forecasting purposes, a deep dive regulatory analysis was required. The regulatory framework for each of the 36 countries accounted for in the report was analyzed separately. This provided a clear indication regarding the general approach of the government towards wind energy and the overall investment sentiment in the country. Legislations specifying quotas for indigenous manufacturing and renewable energy purchase also provided a clear idea regarding the clustering of turbine developers in a region, which may be observed in the future.

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The report includes Porter's five forces model and value chain analysis for the onshore wind energy sector. These have been included with respect to turbine manufacturers, developers and suppliers. Drivers, restraints and opportunities for the market have been broadly identified. Both drivers and restraints for the onshore wind energy market are subject to country or region-wise variations. On the global scale, only the most attractive drivers and pressing restraints have been included. The market attractiveness study has been conducted regionally. The study has been quantified using different factors that play a major role in determining the overall attractiveness of the market. With long-term power purchase agreements in place, project financing is not much of a hassle. The global onshore energy market has been segmented as below:

Onshore Wind Energy Market: Regional Analysis

North America

The U.S.

Canada

Mexico

Asia-Pacific

Australia

India

China

New Zealand

Japan

South Korea

Taiwan

Others

Europe

The U.K.

Denmark

Belgium

Germany

Finland

Sweden

Norway

Ireland

Portugal

Spain

The Netherlands

France

Italy

Poland

Austria

Ukraine

Turkey

Greece

Romania

Others

The Middle East & Africa

Iran

Morocco

Tunisia

Egypt

Others

South & Central America

Argentina

Brazil

Costa Rica

Others

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Global Wireline Services Market is Expected to Reach USD 34.96 Billion by 2020: Transparency Market Research

Wireline Services Market - Global Industry Analysis Size Share Growth Trends and Forecasts 2014-2020," wireline services market was USD 19.10 billion in 2014 and is expected to reach USD 34.96 billion by 2020, growing at a CAGR of 10.36% from 2014 to 2020.

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The oil field service companies accommodate the wireline services to the exploration and production (E&P) companies of oil and natural gas. There has been a continuous increase in the exploration and production activities of oil and gas in finding new areas of unconventional resources, which has immensely bolstered the growth of the global wireline services market. These wireline services are required by the oil and gas industries for its entire lifecycle which includes exploration, drilling, completion, stimulation, and intervention. The growth of the wireline services market is directly proportional to the drilling and completion activities around the world. Various other factors such as geological condition and types of reservoir require different types of wireline services which boosts the growth of the global wireline services market. On the other hand, increased investment in the exploration and production activities will act as a market opportunity for the wireline services market.

The global market for the wireline services market has a wide area of application as these services are specifically used to run the equipment into the down hole, after and before the completion. The major drivers for the global wireline services market is the increase in demand for oil and gas globally. This has pressurized the industries to extract more from each well and, henceforth, further deep exploration is done. To accomplish the growing demand, there has been continuous growth in exploration, production and completion activities.

Oil field service companies offer wireline services to exploration and production (E&P) companies in the oil and natural gas segment. Increasing activities in the oil and gas sector to discover new areas with unconventional resources along with the rise in exploration and production activities have significantly bolstered the growth of the global wireline services market. Wireline services are required by oil and gas industries for the entire life cycle of oil and gas wells, which includes exploration, drilling, completion, stimulation, and intervention. The growth of the wireline services market is directly proportional to the drilling and completion activities being undertaken across the world. Owing to factors such as geological condition and type of reservoir, there exists a demand for different types of wireline services. This, in turn, drives the growth of this market. Increasing investment in exploration and production activities would further open up market opportunities for the wireline services market.

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Geographically, North America has the major market share for global wireline services market. The strong research and development practices in the North American region have helped the market to grow. Also, the favorable regulations have helped the North American market to propel to the level of market leader in global wireline services market. However, the mature wireline services market in this region is subjected to stiff competition. The market for wireline services, in the remaining region, is growing at a higher growth rate with exploration of new reserves and oilfields creating growth prospects, especially, in the Asia-Pacific and Middle-East regions. Analysis and forecasting of wireline services market is given by application and region mentioned below:

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Wireline Services Market: By Application

Wireline Logging

Wireline Intervention

Wireline Completion

Wireline Services Market: Regional Analysis

North America

Europe

South America

Middle East

Asia Pacific

Africa

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Global Geothermal Power Generation Market Worth US$8.9 billion in 2019

Transparency Market Research, in its latest research report states, the global geothermal power generation market will grow significantly, as it was valued at US$2.5 billion in 2013, and is expected to reach a figure of US$8.9 billion by 2019. The report, “Geothermal Power Generation Market for Dry Steam, Flash Steam, Binary Cycle Technology - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019” states, that market for geothermal power generation will grow at a CAGR of 23.58%.

Geothermal power generation market is leading the energy sector in the present economy. The market positioning of geothermal power generation is impeccable as it is the only form of renewable electricity production process which can achieve high capacity utilization and supply base load. Owning to these factors the geothermal power generation market can thus compete with convention and non-conventional sources of energy.

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The biggest market drivers for the global geothermal power generation market are policy frameworks such as renewable energy certificates, feed in tariffs, soft loans for geothermal resources development, and renewable purchase obligations by utilities. On the other hand, stringent environmental protection laws, regulations regarding groundwater pollution, and land ownership laws are some of the market restraints that are making geothermal power generation walk the tightrope. Additionally, the strict regulatory framework provided by governments around the world is proving to be both, a driver and a restraint for the global geothermal power generation market. To help accelerate the geothermal power generation several nations across the globe are relaxing and changing the environmental laws. This will help the world at large to tap into the unrealized potential of geothermal power generation and resources.

Though geothermal power generation demands a huge capital expenditure, it is luring in investors as it promises zero fuel costs and attractive payback periods. Under the capital expenditure of geothermal power generation, construction expenses is an umbrella expense, which is inclusive of exploration costs, drilling costs, surface facility construction costs and actual power plant construction costs. All of these expenses are imperative for geothermal power generation.

Geothermal power generation market has been fragmented on the basis of type of power plant technology used for geothermal power generation. There are three main technologies that are used for geothermal power generation, which are dry steam, flash steam and binary cycle. The geothermal power generation market is also adopting several new technologies to expedite the generation process. Thus, technology such as dry steam which uses high temperature resources is projected to turn obsolete in the near future. On the other hand, binary cycle technique for geothermal power generation is likely to grow up. The volume of geothermal power generation in terms of installed capacity is expected to grow at a CAGR of 8.28% from 2013 to 2019.

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To understand the geothermal power generation market better it has been segmented on the basis of its nature. However, no single player holds a large market share in the geothermal power generation market. The geothermal power generation market is run by many small companies who pool in their resources together to form alliances or joint ventures to exploit their core competencies to generate greater revenues. This trend can lead to industry consolidation, helping the geothermal power generation market reach newer heights in the coming years.

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Global Concentrated Solar Power market growing at a CAGR of 19.4% from 2014 to 2020.Transparency Market Research

Global concentrated solar power market was valued at USD 2,507.4 million in 2013 and is expected to reach 8,674.7 million in 2020, growing at a CAGR of 19.4% from 2014 to 2020.

Growing concerns towards declining fossil fuel reserves, rising demand of power in industrial, commercial and residential sectors is expected to bolster CSP market growth. Furthermore, rising concerns over greenhouse gases emissions and increasing prices of power generation from fossil fuels are expected to enhance the overall market growth. Rising awareness in several countries to reduce carbon emissions and the urge to find an alternate solution of clean and sustainable source is likely to bolster the overall demand. Key challenges faced by the market participants include immature technology and high cost of power generation which are expected to curb market growth. However, research and development is hopeful to overcome the challenge.

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Growing popularity of CSP technology in power generation is likely to bolster the overall demand over the forecast period. CSP market is segmented on the basis of technologies such as Parabolic Trough, Tower, Fresnel and Dish Sterling. In terms of volume (MW), the Parabolic trough technology segment is likely to grow at a CAGR 20.3% from 2014 to 2020.

Europe dominated global CSP market in 2013, accounting for more than 43.00% of the overall market in 2013 and is expected to grow with a CAGR of 20.2% from 2014 to 2020. North America accounted for nearly 31.21% market share in 2013 and is expected to grow at a CAGR of 22% from 2014 to 2020. Rising demand for clean energy in North America attributed to overall market growth. Asia Pacific accounted for nearly 15.08% of the market share in 2013 and is expected to grow at a CAGR of 19.5% from 2014 to 2020. China and India are some of the countries that are expected to witness a surge in CSP demand owing to rise in regulatory interventions. Key participants in the market include Abengoa Solar, S.A., Acciona, S.A., BrightSource Energy, Inc., Ibereolica Group, NextEra Energy, LLC., SolarReserve LLC., and GDF SUEZ. The report provides an overview of these companies followed by their product portfolio, business strategies, and recent developments.

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This research analyzes and estimates the performance and market of CSP in the global scenario, providing detailed trend analysis of the market by geography and comprehensive analysis of companies that are dealing in CSP market. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the CSP market as below:

Concentrated Solar Power Market: Product Segment Analysis

- Parabolic Trough

- Tower

- Fresnel

- Dish Sterling

Concentrated Solar Power Market: Regional Analysis

- North America

- Europe

- Asia-Pacific

- Rest of World (RoW)

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Global Green Energy Market growth is estimated to come at a CAGR of 8.3% from 2013 to 2019: Transparency Market Research

Global green energy market is projected to have a market size of USD 831.99 billion by 2019. This growth is estimated to come at a CAGR of 8.3% from 2013 to 2019. Factors driving the growth in demand for green energy include renewable portfolio standards and regulations, environmental concerns, rising energy demand, fuel shortage/replacement, coal plant retirements and need for natural gas hedge. Further, rise in awareness among masses in general toward the benefits of green energy is also aiding the growth of this market.

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In terms of revenue, North America was the largest region in 2012 and held a market share of 32.2% of the total green energy market. Asia Pacific market for green energy is estimated to grow at a CAGR of 10.3% over the period 2013 to 2019, driven by rising energy demand and increased renewable investments.

Among all green energy types, solar photovoltaic is estimated to be the fastest growing segment with a CAGR of 14.6% during the period 2013 to 2019. This growth is mainly spurred by fall in prices which has increased consumer interest in solar energy. Hydropower was the largest green energy segment in 2012, owing to a significantly large pre-installed base. Among the end-use types, commercial sector was the largest segment in 2012, followed by industrial sector. However, with an estimated CAGR of 9.4%, residential segment is forecasted to register a faster growth during the period 2013 to 2019. Further, the market for solar photovoltaic (PV) inverters was valued at USD 7.15 billion in 2012. The shipments of solar PV inverters are rising; however, owing to significant decline in average selling prices, the market is estimated to decline in terms of revenue in 2013. Nonetheless, for the year 2014 and beyond the revenues for solar PV inverters would continue to rise as the selling price is expected to stabilize.

In 2012, First Solar Inc was the market leader for solar photovoltaic which held 6.9% market share of the total solar photovoltaic market while GE Energy led the market for wind energy. The other major players in green energy market include ABB Ltd., Alterra Power Corporation, Kyocera Solar Inc, Nordex SE, Hanwha Q Cells GmbH, Calpine Corporation, Suzlon Energy Ltd., U.S. Geothermal Inc, Yingli Green Energy Holding Co. Ltd., Enercon GmbH, GE Energy, JA Solar Holdings Co. Ltd., Suntech Power Holdings Co. Ltd., and Enphase Energy Inc, among others.

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The global green energy market is segmented as below:

Green Energy Market

By Type

Solar photovoltaic (PV)

Solar PV inverters

Micro-inverter

String inverter

Central inverter

Wind energy

Hydroelectric power

Bio-fuels

Geothermal energy

By End-user

Residential

Commercial

Industrial

By Geography

North America

Europe

Asia Pacific

Rest of the World (RoW)

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Global Concentrated Solar Power (CSP) Market is Expected to Reach USD 8,674.7 million in 2020: Transparency Market Research

According to a new market report published by Transparency Market Research "Concentrated Solar Power Market for product segment (Parabolic Trough, Tower, Fresnel and Dish Sterling) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2020", global concentrated solar power market was valued at USD 2,507.4 million in 2013 and is expected to reach 8,674.7 million in 2020, growing at a CAGR of 19.4% from 2014 to 2020.

Growing concerns towards declining fossil fuel reserves, rising demand of power in industrial, commercial and residential sectors is expected to bolster CSP market growth. Furthermore, rising concerns over greenhouse gases emissions and increasing prices of power generation from fossil fuels are expected to enhance the overall market growth. Rising awareness in several countries to reduce carbon emissions and the urge to find an alternate solution of clean and sustainable source is likely to bolster the overall demand. Key challenges faced by the market participants include immature technology and high cost of power generation which are expected to curb market growth. However, research and development is hopeful to overcome the challenge.

Browse the full Concentrated Solar Power (CSP) Market Report at http://www.transparencymarketresearch.com/concentrated-solar-power-market.html

Growing popularity of CSP technology in power generation is likely to bolster the overall demand over the forecast period. CSP market is segmented on the basis of technologies such as Parabolic Trough, Tower, Fresnel and Dish Sterling. In terms of volume (MW), the Parabolic trough technology segment is likely to grow at a CAGR 20.3% from 2014 to 2020.

Europe dominated global CSP market in 2013, accounting for more than 43.00% of the overall market in 2013 and is expected to grow with a CAGR of 20.2% from 2014 to 2020. North America accounted for nearly 31.21% market share in 2013 and is expected to grow at a CAGR of 22% from 2014 to 2020. Rising demand for clean energy in North America attributed to overall market growth. Asia Pacific accounted for nearly 15.08% of the market share in 2013 and is expected to grow at a CAGR of 19.5% from 2014 to 2020. China and India are some of the countries that are expected to witness a surge in CSP demand owing to rise in regulatory interventions. Key participants in the market include Abengoa Solar, S.A., Acciona, S.A., BrightSource Energy, Inc., Ibereolica Group, NextEra Energy, LLC., SolarReserve LLC., and GDF SUEZ. The report provides an overview of these companies followed by their product portfolio, business strategies, and recent developments.

This research analyzes and estimates the performance and market of CSP in the global scenario, providing detailed trend analysis of the market by geography and comprehensive analysis of companies that are dealing in CSP market. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the CSP market as below:

Concentrated Solar Power Market: Product Segment Analysis

- Parabolic Trough

- Tower

- Fresnel

- Dish Sterling

Concentrated Solar Power Market: Regional Analysis

- North America

- Europe

- Asia-Pacific

- Rest of World (RoW)

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Latin America Drilling Fluids Market is Expected to Reach USD 1,161.1 Million by 2020: Transparency Market Research

Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020." According to the report, the drilling fluids market in Latin America was valued at USD 608.7 million in 2013 and is anticipate to reach USD 1,161.1 million by 2019, expanding at a CAGR of 9.63% from 2014 to 2020.

Browse the full Latin America Drilling Fluids Market Report at http://www.transparencymarketresearch.com/latin-america-drilling-fluids-market.html

The drilling fluids market in Latin America has been analyzed based on product segments, namely water-based fluids (WBFs), oil-based fluids (OBFs) and synthetic-based fluids (SBFs). In terms of revenue, WBFs segment dominated the overall market, accounting for more than 58% of the drilling fluids market share in Latin America in 2013. WBFs segment is estimated to be one of the rapidly growing segments during the forecast period due to its eco-friendly nature and cheap price compared to other drilling fluids. WBFs require minimal treatment before discharge; hence, these are used widely as compared to oil and synthetic drilling fluids. In offshore regions, WBFs are dumped into the seawater after attaining a permissible toxic content level as determined by the environmental regulatory bodies. Key technology segments analyzed in this study include dispersed systems and non-dispersed systems. These are classified as sub-segments of water-based fluids. In terms of revenue, dispersed systems dominated the market, occupying more than 60% of the market share in 2013.

In terms of revenue, Brazil dominated the drilling fluids market in Latin America, accounting for over 26% of the market share in 2013. High investment in deep water and ultra-deep water reserves is proving to be a boon for the market in Brazil. Increased exploration activities for other unconventional sources of energy, such as CBM (Coal Bed Methane) and shale gas, are further anticipated to drive the drilling fluids market in Latin America.

Key players in the drilling fluids market in Latin America include Baker Hughes Incorporated, Newpark Resources Inc., Halliburton Company, Schlumberger Limited, Weatherford International Limited, and Imdex Limited (AMC Oil & Gas).

Latin American Drilling Fluids Market: Product Segment Analysis

Water-based fluids

Oil-based fluids

Synthetic-based fluids

Latin American Drilling Fluids Market: Technology Analysis

Dispersed systems

Non-dispersed systems

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Latin American Drilling Fluids Market: Country-wise Analysis

Argentina

Brazil

Venezuela

Others (Rest of Latin America)

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.