Green Energy Market (Solar PV, Wind Energy, Hydroelectric Power, Bio-fuels, Geothermal Energy): Global Industry Analysis, & Opportunity Evaluation

Global Green Power Market Projected to Reach USD 2.3 Billion by 2025

Global green power market is driven by the globally trending wave of reducing dependence on non-renewable sources of energy such as coal, has started to shift the government and energy sector players to focus on the development of power generation plants sourced from renewables such as wind and solar energy.

According to Goldstein Research global green power market analysis, the market size is expected to reach USD 2.3 billion by 2025, growing at a robust CAGR of 20.4% during the forecast period 2017-2025. Global green power market segmentation has been carried out on the basis of the source of power, power supply, end users, and geography. Based on the source of power, solar power accounted for the highest market share in 2017. Various countries with abundant solar energy are investing in the development of solar power plants. China solar industry has witnessed an investment of USD 86.5 billion in early 2018.

Global green power industry witnessed the highest use of green power in commercial applications all over the world, owing to advancement in green power transmission & distribution equipment. Further, global green power market is estimated to be dominated by the Asia Pacific with a market share of 44.6% in 2017, where China, India & Singapore were among the top revenue contributors in the region. Moreover, Latin America is anticipated to be an opportunistic region for the establishment of green power projects.

Market Segmentation

On the basis of our in-depth analysis, global green power market can be segmented as follows:

By Source of Power

  • Solar Power
  • Wind Power
  • Geothermal Power
  • Hydro Power
  • Biogas

By Power Supply

  • Power Grid
  • Off-Grid

By End-Users

  • Residential
  • Commercial
  • Industrial

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

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“Green Power Market Outlook 2025” contains the detailed overview of the global green power market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by the source of power, power supply, and end users.

Further, for the in-depth analysis, Global Green Power Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as GE Energy, CPFL Energia S.A., Terra-Gen, Tata Power Solar, IHI Corporation, Alstom Hydro, China Hydroelectric Corporation, ABB Ltd., Mitsubishi Heavy Industry, Enel Green Power, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global green energy market trends along with the market forecast that will help consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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