Dublin, Dec. 15, 2020 (GLOBE NEWSWIRE) -- The "Green Power Market by Power Source and End-Use Sector: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The global green power market was valued at $41.1 billion in 2019, and is expected to reach $103.5 billion by 2027, registering a CAGR of 12. 3% from 2020 to 2027.
Green energy technologies use natural sources, such as wind, solar, water, waste, biomass, and geothermal, to transform into usable forms of energy such as electricity and mechanical energy. Green power generation does not leave any residue that causes harm to the environment, and is also known as clean energy.
Factors contributing to the growth of the green energy market are volatile nature of fossil fuels and The rise in stringent government regulations for reduction of greenhouses gas emissions. Moreover, the growing market of electric vehicles also contributes to the green power market growth. However, high cost of green energy infrastructure is anticipated to hamper the market growth during the forecast period. On the contrary, The rise in government funding in the green energy sector is expected to offer lucrative growth opportunities.
The green energy market is segmented into power source, end-use sector, and region. Based on power source, the market is divided into wind, solar, low impact hydro, biomass, and others. Based on the end-use sector, the market is categorized into transport, industrial, non-combustible, buildings, and others.
The key players operating in the market are Adani Green Energy Limited, GE Renewable Energy, Green Energy Corp., Iberdrola SA, JinkoSolar Holding Co. Ltd., NextEra Energy, Inc., Orsted A/S, Siemens Gamesa Renewable Energy, Suzlon Energy Limited, and Tata Power. The players in the market have adopted several strategies, such as product launch and business expansion, to sustain the market competition.
Key benefits for stakeholders
- The report provides extensive qualitative and quantitative analysis of the current trends and future estimations of the green power market from 2019 to 2027 to determine the prevailing opportunities.
- The report provides comprehensive analysis of factors that drive and restrict the green power market growth.
- The green power market forecast and estimations are based on factors impacting the market growth in terms of value.
- Profiles of leading players operating in the green power market are provided to understand the global competitive scenario.
- The report provides extensive qualitative insights on significant segments and regions exhibiting the favorable market share.
Key Players
- Adani Green Energy Limited
- GE Renewable Energy
- Green Energy Corp.
- Iberdrola SA
- JinkoSolar Holding Co. Ltd.
- NextEra Energy, Inc.
- Orsted A/S
- Siemens Gamesa Renewable Energy
- Suzlon Energy Limited
- Tata Power
Key Topics Covered:
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. Cxo Perspective
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Patent Analysis
3.5. Value Chain Analysis
3.6. Parent Peer Market Analysis
3.7. Market Dynamics
3.7.1. Drivers
3.7.1.1. Asia-Pacific Region Emerging as Significant Player in Green Energy Market
3.7.1.2. Government Initiatives
3.7.2. Restraint
3.7.2.1. High Manufacturing Cost
3.7.3. Opportunity
3.7.3.1. The Rise in Electric Vehicles Offer Lucrative Growth Opportunities for the Green Energy Market
3.8. Impact of Covid-19 Outbreak on Global Green Power Market
Chapter 4: Green Power Market, by Power Source
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Wind
4.3. Solar
4.4. Low Impact Hydro
4.5. Biomass
4.6. Others
Chapter 5: Green Power Market, by End-Use Sector
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Transport
5.3. Industrial
5.4. Non-Combusted
5.5. Buildings
5.6. Others
Chapter 6: Green Power Market, by Region
6.1. Overview
6.1.1. Market Size and Forecast
Chapter 7: Competitive Landscape
7.1. Introduction
7.1.1. Market Player Positioning, 2019
7.1.2. Top Winning Strategies, 2019
7.1.3. Top Winning Strategies, 2019
7.1.4. Top Winning Strategies, 2019
7.2. Key Developments
7.2.1. Business Expansion
7.2.2. Acquisition
Chapter 8: Company Profiles
8.1. Adani Green Energy Limited
8.2. GE Renewable Energy
8.3. Iberdrola Sa
8.4. Jinkosolar Holding Co. Ltd.
8.5. Nextera Energy, Inc.
8.6. Orsted A/S
8.7. Siemens Gamesa Renewable Energy
8.8. Suzlon Energy Limited
8.9. Tata Power
For more information about this report visit https://www.researchandmarkets.com/r/3nvu04
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