The global renewable energy market is expected to grow at a CAGR of 8.2% during the forecast period, from 2021 to 2030. The growth in this market is mainly driven by the increasing demand for clean and sustainable energy sources, which are considered as an alternative to fossil fuels. The residential segment accounted for the largest share of the global renewable energy market in 2018, followed by commercial and industrial segments. North America was the leading region in terms of revenue generation from renewable energy sources in 2018, followed by Europe and Asia Pacific.
- The cost of renewable energy is decreasing, making it more competitive with fossil fuels.
- Renewable energy is a cleaner alternative to fossil fuels and can help reduce greenhouse gas emissions.
- Renewable energy sources are abundant and can be found all over the world, unlike fossil fuels which are limited in supply and location.
- Renewable energy sources do not produce air pollution or other harmful byproducts that come from burning fossil fuels such as coal or natural gas for electricity production, transportation fuel, etc, so they have less of an impact on the environment than traditional forms of power generation do.
- Governments around the world are increasingly supporting renewable energy development because it helps create jobs in their country while also reducing their dependence on foreign oil imports from countries like Saudi Arabia or Russia.
Industry Growth Insights published a new data on “Renewable Energy Market”. The research report is titled “Renewable Energy Market research by Types (Solar Energy, Wind Energy, Hydro Energy, Biomass Energy, Ocean Energy, Geothermal Energy), By Applications (Residential, Commercial, Industrial, Others), By Players/Companies EnBW, Duke Energy, Southern Company, Exelon Corporation, Hawaiian Electric Company, RWE Group, Vattenfall Europe, Iberdrola, Abengoa Solar, AREVA Renewable Energys, Aeon Renewable Energy, China Huaneng Group, China Datang Corporation, China Huadian Corporation, China Guodian Corporation, China Three Gorges Corporation, China Resources Power, Dongfang Electric Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Renewable Energy Market Research Report
By Type
Solar Energy, Wind Energy, Hydro Energy, Biomass Energy, Ocean Energy, Geothermal Energy
By Application
Residential, Commercial, Industrial, Others
By Companies
EnBW, Duke Energy, Southern Company, Exelon Corporation, Hawaiian Electric Company, RWE Group, Vattenfall Europe, Iberdrola, Abengoa Solar, AREVA Renewable Energys, Aeon Renewable Energy, China Huaneng Group, China Datang Corporation, China Huadian Corporation, China Guodian Corporation, China Three Gorges Corporation, China Resources Power, Dongfang Electric Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Renewable Energy Market Report Segments:
The global Renewable Energy market is segmented on the basis of:
Types
Solar Energy, Wind Energy, Hydro Energy, Biomass Energy, Ocean Energy, Geothermal Energy
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- EnBW
- Duke Energy
- Southern Company
- Exelon Corporation
- Hawaiian Electric Company
- RWE Group
- Vattenfall Europe
- Iberdrola
- Abengoa Solar
- AREVA Renewable Energys
- Aeon Renewable Energy
- China Huaneng Group
- China Datang Corporation
- China Huadian Corporation
- China Guodian Corporation
- China Three Gorges Corporation
- China Resources Power
- Dongfang Electric Corporation
Highlights of The Renewable Energy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solar Energy
- Wind Energy
- Hydro Energy
- Biomass Energy
- Ocean Energy
- Geothermal Energy
- By Application:
- Residential
- Commercial
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Renewable Energy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Renewable energy is energy that comes from natural resources that can be regenerated, such as sunlight, wind, rain and tides. Renewable energy sources do not produce greenhouse gases like fossil fuels.
Some of the major companies in the renewable energy market are EnBW, Duke Energy, Southern Company, Exelon Corporation, Hawaiian Electric Company, RWE Group, Vattenfall Europe, Iberdrola, Abengoa Solar, AREVA Renewable Energys, Aeon Renewable Energy, China Huaneng Group, China Datang Corporation, China Huadian Corporation, China Guodian Corporation, China Three Gorges Corporation, China Resources Power, Dongfang Electric Corporation.
The renewable energy market is expected to register a CAGR of 8.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Renewable Energy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Renewable Energy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Renewable Energy Market - Supply Chain
4.5. Global Renewable Energy Market Forecast
4.5.1. Renewable Energy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Renewable Energy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Renewable Energy Market Absolute $ Opportunity
5. Global Renewable Energy Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Renewable Energy Market Size and Volume Forecast by Type
5.3.1. Solar Energy
5.3.2. Wind Energy
5.3.3. Hydro Energy
5.3.4. Biomass Energy
5.3.5. Ocean Energy
5.3.6. Geothermal Energy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Renewable Energy Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Renewable Energy Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Renewable Energy Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Renewable Energy Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Renewable Energy Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Renewable Energy Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Renewable Energy Demand Share Forecast, 2019-2026
9. North America Renewable Energy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Renewable Energy Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Renewable Energy Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Renewable Energy Market Size and Volume Forecast by Type
9.7.1. Solar Energy
9.7.2. Wind Energy
9.7.3. Hydro Energy
9.7.4. Biomass Energy
9.7.5. Ocean Energy
9.7.6. Geothermal Energy
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Renewable Energy Demand Share Forecast, 2019-2026
10. Latin America Renewable Energy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Renewable Energy Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Renewable Energy Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Renewable Energy Market Size and Volume Forecast by Type
10.7.1. Solar Energy
10.7.2. Wind Energy
10.7.3. Hydro Energy
10.7.4. Biomass Energy
10.7.5. Ocean Energy
10.7.6. Geothermal Energy
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Renewable Energy Demand Share Forecast, 2019-2026
11. Europe Renewable Energy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Renewable Energy Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Renewable Energy Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Renewable Energy Market Size and Volume Forecast by Type
11.7.1. Solar Energy
11.7.2. Wind Energy
11.7.3. Hydro Energy
11.7.4. Biomass Energy
11.7.5. Ocean Energy
11.7.6. Geothermal Energy
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projection by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Renewable Energy Demand Share, 2019-2026
12. Asia Pacific Renewable Energy Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Renewable Energy Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Renewable Energy Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Renewable Energy Market Size and Volume Forecast by Type
12.7.1. Solar Energy
12.7.2. Wind Energy
12.7.3. Hydro Energy
12.7.4. Biomass Energy
12.7.5. Ocean Energy
12.7.6. Geothermal Energy
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Renewable Energy Demand Share, 2019-2026
13. Middle East & Africa Renewable Energy Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Renewable Energy Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Renewable Energy Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Renewable Energy Market Size and Volume Forecast by Type
13.7.1. Solar Energy
13.7.2. Wind Energy
13.7.3. Hydro Energy
13.7.4. Biomass Energy
13.7.5. Ocean Energy
13.7.6. Geothermal Energy
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Renewable Energy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Renewable Energy Market: Market Share Analysis
14.2. Renewable Energy Distributors and Customers
14.3. Renewable Energy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EnBW
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Duke Energy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Southern Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Exelon Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hawaiian Electric Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RWE Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vattenfall Europe
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Iberdrola
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Abengoa Solar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AREVA Renewable Energys
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Aeon Renewable Energy
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. China Huaneng Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. China Datang Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. China Huadian Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. China Guodian Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. China Three Gorges Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. China Resources Power
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Dongfang Electric Corporation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
