Green energy is commercially viable renewable energy. Green energy is a supreme substitute to fossil fuels. It is useful for generating energy across the globe. Green energy extracts energy from natural sources. This includes solar photovoltaic, tides, wind, and sun. Green energy is extensively used across commercial, residential, and industrial sectors.
Changing climatic conditions is one of the major concerns nowadays that has surged the need to opt for the green energy. For instance, according to a report published by Intergovernmental Panel on Climate Change (IPCC), the amount of carbon dioxide in the atmosphere has increased by about 35% in the industrial era owing to human activities. This factor is anticipated to boost the global green energy market during forecast period.
Lack of awareness in terms of renewable source of energy in developing countries is expected to harm the target market growth. To avoid this, manufacturers need to focus on marketing and advertising their products in the market. In addition, the intermittent nature of green energy sources such as solar energy and wind. Due to their intermittency nature, wind power as well as solar projects can be used as per their full capacity. This factor is expected to restrain the target market growth over the forecast period.
Asia Pacific region accounted for significant market share in the global green energy market owing to rise in biodiesel initiatives and the advent of new feedstock in the region. Furthermore, expansion of green energy projects in countries like China and India is has been one of the major drivers for the Asian green energy market development.
Market Dynamics
Changing climatic conditions is one of the major concerns nowadays that has surged the need to opt for the green energy. For instance, according to a report published by Intergovernmental Panel on Climate Change (IPCC), the amount of carbon dioxide in the atmosphere has increased by about 35% in the industrial era owing to human activities. This factor is anticipated to boost the global green energy market during forecast period.
Lack of awareness in terms of renewable source of energy in developing countries is expected to harm the target market growth. To avoid this, manufacturers need to focus on marketing and advertising their products in the market. In addition, the intermittent nature of green energy sources such as solar energy and wind. Due to their intermittency nature, wind power as well as solar projects can be used as per their full capacity. This factor is expected to restrain the target market growth over the forecast period.
Asia Pacific region accounted for significant market share in the global green energy market owing to rise in biodiesel initiatives and the advent of new feedstock in the region. Furthermore, expansion of green energy projects in countries like China and India is has been one of the major drivers for the Asian green energy market development.
Key features of the study:
- This report provides in-depth analysis of green energy market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global green energy market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include ABB Ltd., Alterra Power Corporation, Kyocera Solar, Inc., Nordex SE, Hanwha Q Cells GmbH, Sharp Corporation, Calpine Corporation, Suzlon Energy Ltd., U.S. Geothermal Inc., Yingli Green Energy Holding Co. Ltd., Enercon GmbH, and GE Energy.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
- The global green energy market report caters to various stakeholders in this industry including investors, suppliers, green energy manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global green energy market
Detailed Segmentation:
Global Green Energy Market, By Energy Type:
- Solar Photovoltaic
- Wind Energy
- Hydroelectric Power
- Biofuels
- Geothermal Energy
Global Green Energy Market, By Solar PV Inverters:
- Micro Inverters
- String Inverters
- Central Inverters
Global Green Energy Market, By End Users:
- Residential
- Commercial
- Industrial
Global Green Energy Market, By Region:
- North America
- U.S.
- Canada
- Europe
- U.K.
- France
- Germany
- Rest of Europe
- Asia Pacific
- China
- India
- ASEAN
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East
- Africa
Company Profiles
- ABB Ltd.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Alterra Power Corporation
- Kyocera Solar, Inc.
- Nordex SE
- Hanwha Q Cells GmbH
- Sharp Corporation
- Calpine Corporation
- Suzlon Energy Ltd.
- U.S. Geothermal Inc.
- Yingli Green Energy Holding Co. Ltd.
- Enercon GmbH
- GE Energy.
Frequently Asked Questions about the Green Energy Market
What is the estimated value of the Green Energy Market?
What is the growth rate of the Green Energy Market?
What is the forecasted size of the Green Energy Market?
Who are the key companies in the Green Energy Market?
Report Attribute | Details |
---|---|
No. of Pages | 120 |
Published | August 2021 |
Forecast Period | 2019 - 2027 |
Estimated Market Value ( USD
| USD 831.99 Billion |
Forecasted Market Value ( USD
| USD 1574.25 Billion |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Global |
Table of Contents
1. Research Objectives and Assumptions
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Green Energy Market - Impact of Coronavirus (Covid-19) Pandemic
5. Global Green Energy Market, By Energy Type, 2017- 2027 (US$ Bn)
6. Global Green Energy Market, By Solar PV Inverters, 2017- 2027 (US$ Bn)
7. Global Green Energy Market, By End Users, 2017- 2027 (US$ Bn)
8. Global Green Energy Market, By Region, 2017- 2027 (US$ Bn)
9. Competitive Landscape
10. Section
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- Alterra Power Corporation
- Kyocera Solar, Inc.
- Nordex SE
- Hanwha Q Cells GmbH
- Sharp Corporation
- Calpine Corporation
- Suzlon Energy Ltd.
- U.S. Geothermal Inc.
- Yingli Green Energy Holding Co. Ltd.
- Enercon GmbH
- GE Energy.