Renewable Energy in North America - Market Summary, Competitive Analysis and Forecast to 2025

Renewable Energy in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into four segments, these being hydroelectricity, wind energy, solar, biomass and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means and the market value has been calculated according to an average of annual non-household power price, or equivalent, excluding taxes and levies. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
The North American renewable energy market had total revenues of $143.2bn in 2020, representing a compound annual growth rate (CAGR) of 7.2% between 2016 and 2020.
Market production volume increased with a CAGR of 5.4% between 2016 and 2020, to reach a total of 1,357,070.8 GWh in 2020.
Hydroelectricity had the highest volume in the North American renewable energy market in 2020, with a total of 682,204.1 GWh, equivalent to 50.3% of the market's overall volume.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in North America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in North America
Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the North America renewable energy market with five year forecasts

Reasons to Buy

What was the size of the North America renewable energy market by value in 2020?
What will be the size of the North America renewable energy market in 2025?
What factors are affecting the strength of competition in the North America renewable energy market?
How has the market performed over the last five years?
What are the main segments that make up North America's renewable energy market?

Frequently Asked Questions about the Renewable Energy Market in North America

What is the estimated value of the Renewable Energy Market in North America?

The Renewable Energy Market in North America was estimated to be valued at $143.19 Billion in 2020.

What is the growth rate of the Renewable Energy Market in North America?

The growth rate of the Renewable Energy Market in North America is 5.7%, with an estimated value of $189.48 Billion by 2025.

What is the forecasted size of the Renewable Energy Market in North America?

The Renewable Energy Market in North America is estimated to be worth $189.48 Billion by 2025.

Who are the key companies in the Renewable Energy Market in North America?

Key companies in the Renewable Energy Market in North America include NextEra Energy, Inc., Enel Green Power North America Inc., General Electric Company and Quebec.

Report Attribute	Details
No. of Pages	51
Published	June 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 143.19 Billion
Forecasted Market Value ( USD ) by 2025	$ 189.48 Billion
Compound Annual Growth Rate	5.7%
Regions Covered	North America

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strengths and weaknesses to leading players have?
7.3. What have been the most significant mergers/acquisitions over the last year?
7.4. Which companies are responsible for the most significant renewable projects under development?

8 Company Profiles

8.1. NextEra Energy, Inc.
8.2. Enel Green Power North America Inc.
8.3. General Electric Company
8.4. Hydro-Quebec

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Author

List of Tables

Table 1: North America renewable energy market value: $ billion, 2016-20
Table 2: North America renewable energy market volume: GWh, 2016-20
Table 3: North America renewable energy market category segmentation: GWh, 2020
Table 4: North America renewable energy market geography segmentation: $ billion, 2020
Table 5: North America renewable energy market value forecast: $ billion, 2020-25
Table 6: North America renewable energy market volume forecast: GWh, 2020-25
Table 7: NextEra Energy, Inc.: key facts
Table 8: NextEra Energy, Inc.: Annual Financial Ratios
Table 9: NextEra Energy, Inc.: Key Employees
Table 10: NextEra Energy, Inc.: Key Employees Continued
Table 11: Enel Green Power North America Inc.: key facts
Table 12: Enel Green Power North America Inc.: Key Employees
Table 13: General Electric Company: key facts
Table 14: General Electric Company: Annual Financial Ratios
Table 15: General Electric Company: Key Employees
Table 16: General Electric Company: Key Employees Continued
Table 17: Hydro-Quebec: key facts
Table 18: Hydro-Quebec: Key Employees
Table 19: North America exchange rate, 2016-20

List of Figures

Figure 1: North America renewable energy market value: $ billion, 2016-20
Figure 2: North America renewable energy market volume: GWh, 2016-20
Figure 3: North America renewable energy market category segmentation: % share, by volume, 2020
Figure 4: North America renewable energy market geography segmentation: % share, by value, 2020
Figure 5: North America renewable energy market value forecast: $ billion, 2020-25
Figure 6: North America renewable energy market volume forecast: GWh, 2020-25
Figure 7: Forces driving competition in the renewable energy market in North America, 2020
Figure 8: Drivers of buyer power in the renewable energy market in North America, 2020
Figure 9: Drivers of supplier power in the renewable energy market in North America, 2020
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in North America, 2020
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in North America, 2020
Figure 12: Drivers of degree of rivalry in the renewable energy market in North America, 2020