Renewable Energy Market Synopsis

The Global Renewable Energy market was estimated at USD 1.20 trillion in 2021 and is anticipated to reach USD 2.0 trillion by 2028, growing at a CAGR of 7.5%.

Renewable energy is derived from sources such as the wind and the sun. Solar, geothermal, wind, bioenergy, hydropower, and ocean energy are among the most important renewable energy sources.

  • Renewable energy is currently utilized in the heating, electricity, cooling, and transportation sectors. Renewable energy provides approximately 7 percent of the world's energy demand. Renewable energy is costlier than fossil fuels. Global warming caused by carbon dioxide (CO2) emissions from the combustion of fossil fuels is the most important factor driving the adoption of renewable energy sources.
  • Concerns regarding the reduction of greenhouse gas emissions, an increase in the search for energy security, aversion to traditional nuclear power, and a lack of advancement in the application of nuclear power are anticipated to drive the geothermal power market over the forecast period.
  • Various governments in developing and developed nations have prioritized the promotion of renewable energy sources due to their increased output efficiency, lower pollution levels, and low maintenance costs. All of these factors increase the demand for renewable energy, thereby fostering the expansion of the global renewable energy market.

Renewable Energy Market

The Renewable Energy Market Trend Analysis

Several Economics Benefits

  • Renewable energy offers several economic benefits such as Landowner Income, Reduced Energy Costs, Increased Property Value, Avoidance of Climate Impacts, and many others
  • Renewable energy provides rural landowners and farmers with an additional source of income. According to the American Wind Energy Association (AWEA), rural landowners who host wind farms in the United States receive approximately $222 million annually. Farmers can also earn money by cultivating crops used as biofuels. Currently, corn ethanol is the primary way for farmers to participate in the energy industry, but other biofuels are beginning to gain traction.
  • In addition, Residential, commercial, and industrial energy consumers can save money by switching to renewable energy. Theoretically, installing solar panels on someone’s property enables users to generate their own electricity, allowing them to eliminate their energy bill entirely. The precise amount users save depends on numerous variables, including their location. According to EnergySage, the average savings range between $10,483 and $30,523 in Washington and Massachusetts, respectively. These types of benefits propel the growth of the renewable energy market.

Rising Investments by Government Of Various Countries

  • Increasing investments in renewable energy sources and favorable government policies are anticipated to drive market growth over the forecast period. For Instance, The British government established a $1.2 billion package for public and private investment in India's green initiatives and renewable energy sources in September 2021.
  • They have established a Climate Finance Leadership Initiative (CFLI) India partnership with the intent of mobilizing private funding for sustainable infrastructure in India. These investments would assist India in reaching its 450 Gw renewable energy target by 2030.
  • Thus, the government's investment in renewable energy sources is driving market growth over the forecast period.

Segmentation Analysis Of The Renewable Energy Market

Renewable Energy market segments cover the Product and application. By Product, the Hydropower segment is Anticipated to Dominate the Market Over the Forecast period.

  • In the past few years, the increased investment in the generation of off-grid energy and electrification of rural areas in developing economies such as China, India, Brazil, Colombia, and Vietnam has increased the demand for small-scale hydropower plants.
  • Increasing government initiatives to promote the generation and use of hydropower is also driving the growth of the hydropower segment of the global renewable energy market.
  • For instance, the Government of India adopted the Rajiv Gandhi Grameen Videutikaran Yojana to electrify rural areas in India. Therefore, the demand for hydroelectric power is greater, resulting in the hydropower segment's dominance.

Regional Analysis of The Renewable Energy Market

Asia Pacific is Expected to Dominate the Market Over the Forecast period.

  • In recent years, the Asia-Pacific region has dominated the renewable energy market. It is likely to maintain its dominance throughout the period of forecast.
  • China will be the global leader in the deployment of renewable energy sources by 2021. In 2021, the nation's total renewable energy capacity reached 1,020.2 GW, an increase of approximately 13.4% from the previous year. Wind, solar, and hydropower are the primary renewable energy sources in the country.
  • In conjunction with the country's expanding economy and growing population, India's energy demand has increased significantly. In 2021, the nation produced 150,3 TWh of electricity from hydropower, compared to 114.3 TWh in 2011.
  • India has also become the world's third-largest consumer of electricity, behind China and the United States. Moreover, India's net power generation capacity increased significantly over the past decade, with the majority of the increase attributable to large hydro and other renewable energy sources.
  • The Indian government has set a goal of installing 175 GW of renewable energy capacity by 2022, including 100 GW of solar, 60 GW of wind, 10 GW of biopower, and 5 GW of small hydropower. In addition, the Indian Ministry of New and Renewable Energy expects 15 billion dollars to be invested in renewable energy, electric vehicles, solar equipment manufacturing, and green hydrogen in 2022.
  • In addition, SJVN (Satluj Jal Vidyut Nigam Ltd) won a 125 MW solar project in Uttar Pradesh through a bidding process held by the Uttar Pradesh New and Renewable Energy Development Agency in January 2022. (UPNEDA). It consists of a 75 MW grid-connected solar project in the Jalaun district and a 50 MW solar project in the Kanpur Dehat district.
  • Consequently, these developments are likely to make Asia-Pacific the market leader in renewable energy during the forecast period.

Covid-19 Impact Analysis On Renewable Energy Market

The novel coronavirus is an unprecedented global pandemic that has spread to over 180 countries and caused enormous economic and human losses worldwide. The market for renewable energy has been negatively impacted by the COVID-19 pandemic. The pandemic had a significant impact on wind turbine manufacturing in China and Germany.l

In 2020, the German company Nordex SE reported a negative EBITDA of $86.5 million, compared to a positive EBITDA of $21 million in the previous fiscal year (2019). Due to the pandemic, the limited availability of spare parts and maintenance personnel is a major obstacle to market expansion.

Due to the reduced labor force and social distancing norms, planned maintenance has become a major concern for industry participants during the high wind season. In addition, project delays and order cancellations have impacted the key markets for blade production and wind turbine installations.

For example, Siemens Gamesa Renewable Energy SA incurred a net loss of $577 million during the third quarter of its 2020 fiscal year. However, a shift towards a domestic supply chain may reduce reliance on foreign imports and boost the domestic production of wind turbines. In addition, the implementation of digital technology is anticipated to facilitate remote monitoring of project execution, thereby reducing the labor force to the greatest extent possible.

Top Key Players Covered in The Renewable Energy Market

  • ABB (Switzerland)
  • Acconia (Europe)
  • Enel Spa (Italy)
  • General Electric (US)
  • Innergex (Canada)
  • Invenergy (US)
  • Schneider Electric (France)
  • Siemens Gamesa Renewable Energy, S.A. (Germany)
  • Suzlon Energy Ltd. (India)
  • Tata Power (India)
  • Xcel Energy Inc. (US), and other major players.

Key Industry Developments in the Renewable Energy Market

In May 2022, NJR Clean Energy Ventures (CEV) has begun construction on an 8.9-MW floating solar installation in Millburn, New Jersey, which will be the largest floating array in the United States. 16 510 solar panels will likely be installed on a reservoir at the New Jersey American Water Canoe Brook Water Treatment Plant using a floating rack system. Through a power purchase agreement with CEV, the array will provide approximately 95% of the facility's annual power requirements.

In February 2022, India ordered 1,9 gigawatts of wind turbines from China's second-largest wind turbine manufacturer, highlighting companies' efforts to seek overseas sales as the domestic market becomes increasingly competitive. The combined orders from Envision Energy Co. represent the largest capacity that a Chinese wind manufacturer has sold to a single foreign country.

Global Renewable Energy Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 1.20 Tn.

Forecast Period 2022-28 CAGR:

7.5%

Market Size in 2028:

USD 2.0 Tn.

Segments Covered:

By Product

  • Hydro Power
  • Wind Power
  • Solar Power
  • Bioenergy
  • Others

By Application

  • Industrial
  • Residential
  • Commercial

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Several Economics Benefits

Key Market Restraints:

  • High Initial Cost

Key Opportunities:

  • Rising Investments by Government Of Various Countries

Companies Covered in the report:

  • ABB (Switzerland), Acconia (Europe), Enel Spa (Italy), General Electric (US), Innergex (Canada), Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Product
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Renewable Energy Market by Product
 5.1 Renewable Energy Market Overview Snapshot and Growth Engine
 5.2 Renewable Energy Market Overview
 5.3 Hydro Power
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Hydro Power: Geographic Segmentation
 5.4 Wind Power
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Wind Power: Geographic Segmentation
 5.5 Solar Power
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Solar Power: Geographic Segmentation
 5.6 Bioenergy
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Bioenergy: Geographic Segmentation
 5.7 Others
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Others: Geographic Segmentation

Chapter 6: Renewable Energy Market by Application
 6.1 Renewable Energy Market Overview Snapshot and Growth Engine
 6.2 Renewable Energy Market Overview
 6.3 Industrial
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Industrial: Geographic Segmentation
 6.4 Residential
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Residential: Geographic Segmentation
 6.5 Commercial
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Commercial: Geographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Renewable Energy Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Renewable Energy Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Renewable Energy Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 ABB (SWITZERLAND)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 ACCONIA (EUROPE)
 7.4 ENEL SPA (ITALY)
 7.5 GENERAL ELECTRIC (US)
 7.6 INNERGEX (CANADA)
 7.7 INVENERGY (US)
 7.8 SCHNEIDER ELECTRIC (FRANCE)
 7.9 SIEMENS GAMESA RENEWABLE ENERGY
 7.10 S.A. (GERMANY)
 7.11 SUZLON ENERGY LTD. (INDIA)
 7.12 TATA POWER (INDIA)
 7.13 XCEL ENERGY INC.
 7.14 (US)
 7.15 OTHER MAJOR PLAYERS

Chapter 8: Global Renewable Energy Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Product
  8.2.1 Hydro Power
  8.2.2 Wind Power
  8.2.3 Solar Power
  8.2.4 Bioenergy
  8.2.5 Others
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Industrial
  8.3.2 Residential
  8.3.3 Commercial

Chapter 9: North America Renewable Energy Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Product
  9.4.1 Hydro Power
  9.4.2 Wind Power
  9.4.3 Solar Power
  9.4.4 Bioenergy
  9.4.5 Others
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Industrial
  9.5.2 Residential
  9.5.3 Commercial
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Renewable Energy Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Product
  10.4.1 Hydro Power
  10.4.2 Wind Power
  10.4.3 Solar Power
  10.4.4 Bioenergy
  10.4.5 Others
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Industrial
  10.5.2 Residential
  10.5.3 Commercial
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Renewable Energy Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Product
  11.4.1 Hydro Power
  11.4.2 Wind Power
  11.4.3 Solar Power
  11.4.4 Bioenergy
  11.4.5 Others
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Industrial
  11.5.2 Residential
  11.5.3 Commercial
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Renewable Energy Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product
  12.4.1 Hydro Power
  12.4.2 Wind Power
  12.4.3 Solar Power
  12.4.4 Bioenergy
  12.4.5 Others
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Industrial
  12.5.2 Residential
  12.5.3 Commercial
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Renewable Energy Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Product
  13.4.1 Hydro Power
  13.4.2 Wind Power
  13.4.3 Solar Power
  13.4.4 Bioenergy
  13.4.5 Others
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Industrial
  13.5.2 Residential
  13.5.3 Commercial
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Renewable Energy Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 1.20 Tn.

Forecast Period 2022-28 CAGR:

7.5%

Market Size in 2028:

USD 2.0 Tn.

Segments Covered:

By Product

  • Hydro Power
  • Wind Power
  • Solar Power
  • Bioenergy
  • Others

By Application

  • Industrial
  • Residential
  • Commercial

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Several Economics Benefits

Key Market Restraints:

  • High Initial Cost

Key Opportunities:

  • Rising Investments by Government Of Various Countries

Companies Covered in the report:

  • ABB (Switzerland), Acconia (Europe), Enel Spa (Italy), General Electric (US), Innergex (Canada), Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. RENEWABLE ENERGY MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. RENEWABLE ENERGY MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. RENEWABLE ENERGY MARKET COMPETITIVE RIVALRY
TABLE 005. RENEWABLE ENERGY MARKET THREAT OF NEW ENTRANTS
TABLE 006. RENEWABLE ENERGY MARKET THREAT OF SUBSTITUTES
TABLE 007. RENEWABLE ENERGY MARKET BY PRODUCT
TABLE 008. HYDRO POWER MARKET OVERVIEW (2016-2028)
TABLE 009. WIND POWER MARKET OVERVIEW (2016-2028)
TABLE 010. SOLAR POWER MARKET OVERVIEW (2016-2028)
TABLE 011. BIOENERGY MARKET OVERVIEW (2016-2028)
TABLE 012. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 013. RENEWABLE ENERGY MARKET BY APPLICATION
TABLE 014. INDUSTRIAL MARKET OVERVIEW (2016-2028)
TABLE 015. RESIDENTIAL MARKET OVERVIEW (2016-2028)
TABLE 016. COMMERCIAL MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA RENEWABLE ENERGY MARKET, BY PRODUCT (2016-2028)
TABLE 018. NORTH AMERICA RENEWABLE ENERGY MARKET, BY APPLICATION (2016-2028)
TABLE 019. N RENEWABLE ENERGY MARKET, BY COUNTRY (2016-2028)
TABLE 020. EUROPE RENEWABLE ENERGY MARKET, BY PRODUCT (2016-2028)
TABLE 021. EUROPE RENEWABLE ENERGY MARKET, BY APPLICATION (2016-2028)
TABLE 022. RENEWABLE ENERGY MARKET, BY COUNTRY (2016-2028)
TABLE 023. ASIA PACIFIC RENEWABLE ENERGY MARKET, BY PRODUCT (2016-2028)
TABLE 024. ASIA PACIFIC RENEWABLE ENERGY MARKET, BY APPLICATION (2016-2028)
TABLE 025. RENEWABLE ENERGY MARKET, BY COUNTRY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA RENEWABLE ENERGY MARKET, BY PRODUCT (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA RENEWABLE ENERGY MARKET, BY APPLICATION (2016-2028)
TABLE 028. RENEWABLE ENERGY MARKET, BY COUNTRY (2016-2028)
TABLE 029. SOUTH AMERICA RENEWABLE ENERGY MARKET, BY PRODUCT (2016-2028)
TABLE 030. SOUTH AMERICA RENEWABLE ENERGY MARKET, BY APPLICATION (2016-2028)
TABLE 031. RENEWABLE ENERGY MARKET, BY COUNTRY (2016-2028)
TABLE 032. ABB (SWITZERLAND): SNAPSHOT
TABLE 033. ABB (SWITZERLAND): BUSINESS PERFORMANCE
TABLE 034. ABB (SWITZERLAND): PRODUCT PORTFOLIO
TABLE 035. ABB (SWITZERLAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. ACCONIA (EUROPE): SNAPSHOT
TABLE 036. ACCONIA (EUROPE): BUSINESS PERFORMANCE
TABLE 037. ACCONIA (EUROPE): PRODUCT PORTFOLIO
TABLE 038. ACCONIA (EUROPE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. ENEL SPA (ITALY): SNAPSHOT
TABLE 039. ENEL SPA (ITALY): BUSINESS PERFORMANCE
TABLE 040. ENEL SPA (ITALY): PRODUCT PORTFOLIO
TABLE 041. ENEL SPA (ITALY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. GENERAL ELECTRIC (US): SNAPSHOT
TABLE 042. GENERAL ELECTRIC (US): BUSINESS PERFORMANCE
TABLE 043. GENERAL ELECTRIC (US): PRODUCT PORTFOLIO
TABLE 044. GENERAL ELECTRIC (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. INNERGEX (CANADA): SNAPSHOT
TABLE 045. INNERGEX (CANADA): BUSINESS PERFORMANCE
TABLE 046. INNERGEX (CANADA): PRODUCT PORTFOLIO
TABLE 047. INNERGEX (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. INVENERGY (US): SNAPSHOT
TABLE 048. INVENERGY (US): BUSINESS PERFORMANCE
TABLE 049. INVENERGY (US): PRODUCT PORTFOLIO
TABLE 050. INVENERGY (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. SCHNEIDER ELECTRIC (FRANCE): SNAPSHOT
TABLE 051. SCHNEIDER ELECTRIC (FRANCE): BUSINESS PERFORMANCE
TABLE 052. SCHNEIDER ELECTRIC (FRANCE): PRODUCT PORTFOLIO
TABLE 053. SCHNEIDER ELECTRIC (FRANCE): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. SIEMENS GAMESA RENEWABLE ENERGY: SNAPSHOT
TABLE 054. SIEMENS GAMESA RENEWABLE ENERGY: BUSINESS PERFORMANCE
TABLE 055. SIEMENS GAMESA RENEWABLE ENERGY: PRODUCT PORTFOLIO
TABLE 056. SIEMENS GAMESA RENEWABLE ENERGY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. S.A. (GERMANY): SNAPSHOT
TABLE 057. S.A. (GERMANY): BUSINESS PERFORMANCE
TABLE 058. S.A. (GERMANY): PRODUCT PORTFOLIO
TABLE 059. S.A. (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. SUZLON ENERGY LTD. (INDIA): SNAPSHOT
TABLE 060. SUZLON ENERGY LTD. (INDIA): BUSINESS PERFORMANCE
TABLE 061. SUZLON ENERGY LTD. (INDIA): PRODUCT PORTFOLIO
TABLE 062. SUZLON ENERGY LTD. (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. TATA POWER (INDIA): SNAPSHOT
TABLE 063. TATA POWER (INDIA): BUSINESS PERFORMANCE
TABLE 064. TATA POWER (INDIA): PRODUCT PORTFOLIO
TABLE 065. TATA POWER (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. XCEL ENERGY INC.: SNAPSHOT
TABLE 066. XCEL ENERGY INC.: BUSINESS PERFORMANCE
TABLE 067. XCEL ENERGY INC.: PRODUCT PORTFOLIO
TABLE 068. XCEL ENERGY INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. (US): SNAPSHOT
TABLE 069. (US): BUSINESS PERFORMANCE
TABLE 070. (US): PRODUCT PORTFOLIO
TABLE 071. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 072. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 073. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 074. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. RENEWABLE ENERGY MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. RENEWABLE ENERGY MARKET OVERVIEW BY PRODUCT
FIGURE 012. HYDRO POWER MARKET OVERVIEW (2016-2028)
FIGURE 013. WIND POWER MARKET OVERVIEW (2016-2028)
FIGURE 014. SOLAR POWER MARKET OVERVIEW (2016-2028)
FIGURE 015. BIOENERGY MARKET OVERVIEW (2016-2028)
FIGURE 016. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 017. RENEWABLE ENERGY MARKET OVERVIEW BY APPLICATION
FIGURE 018. INDUSTRIAL MARKET OVERVIEW (2016-2028)
FIGURE 019. RESIDENTIAL MARKET OVERVIEW (2016-2028)
FIGURE 020. COMMERCIAL MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA RENEWABLE ENERGY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE RENEWABLE ENERGY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC RENEWABLE ENERGY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA RENEWABLE ENERGY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA RENEWABLE ENERGY MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Renewable Energy Market research report?

The forecast period in the Renewable Energy Market research report is 2022-2028.

Who are the key players in Renewable Energy Market?

ABB (Switzerland), Acconia (Europe), Enel Spa (Italy), General Electric (US), Innergex (Canada), Invenergy (US), Schneider Electric (France), Siemens Gamesa Renewable Energy, S.A. (Germany), Suzlon Energy Ltd. (India), Tata Power (India), Xcel Energy Inc., (US), and other major players.

What are the segments of the Renewable Energy Market?

The Renewable Energy Market is segmented into Products, Applications, and regions. By Product, the market is categorized into Hydro Power, Wind Power, Solar Power, Bioenergy, and Others. By Application, the market is categorized into Industrial, Residential, and Commercial. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Renewable Energy Market?

Renewable energy is derived from sources such as the wind and the sun. Solar, geothermal, wind, bioenergy, hydropower, and ocean energy are among the most important renewable energy sources.

How big is the Renewable Energy Market?

The Global Renewable Energy market was estimated at USD 1,209.03 billion in 2021 and is anticipated to reach USD 2,005.84 billion by 2028, growing at a CAGR of 7.5%.