Report

Expert Market Research Thumbnail Image

Global Renewable Energy Market: By Type: Solar, Wind, Hydro, Biomass, Geothermal; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Value Chain Analysis; Energy Tariff Rates; Competitive Landscape & Supplier Analysis; Events and Developments

Global Renewable Energy Market Key Insights:

 

  • Types: Solar, Wind, Hydro Biomass, Geothermal
  • Market Analysis and Outlook 2020-2025
  • SWOT Analysis
  • Market Performance
  • Breakup by Region
  • Price Analysis
  • Competitive Landscape
  • Value Chain Analysis
  • Mergers and Acquisitions

 

Market Outlook

The global renewable energy market size is being driven the rising installation of renewable energy globally. In 2019, nearly 2455 gigawatts of renewable energy was installed globally. The installations are expected to grow at CAGR of 4.43% between 2020 and 2025 to reach 3184 gigawatts by 2025.

With the growing awareness about environmental issues, more and more nations are investing in renewable energy projects. The global investments made in such renewable resources was around USD 280 billion in 2017. Hydropower is the leading renewable energy technology in most of the regions. However, in the coming years, solar and wind energies are going to be the preferred alternative energy types. In 2018, many countries invested in renewable energy projects, with China investing the most substantial amount, having invested in the projects of nearly 696 gigawatts. China is followed by countries like the United States, Brazil, Germany, and India. China dominates the industry in three technologies, namely, wind, hydropower, and solar energy. Brazil, meanwhile, has the largest capacity installed for bioenergy, whereas the United States is the leading country in geothermal technology.

North America is one of the largest countries with installed renewable energy technologies. In the region, the United States aims to increase its contribution to the industry to 30% by 2025 as currently, the country’s electricity market is powered by fossil fuels. The growing economy of the country is also supporting the growth of the industry. Mexico and Canada are also witnessing a steady increase in the capacity of wind and solar energy technologies.

The Asia Pacific is the fastest-growing region for the industry. The region accounts for nearly 27% of the global industry share. China, one of the significant countries in the regional market, has the largest capacity for hydropower, wind, and solar energy plants. China and India, together, are the leading renewable energy markets in Asia, with nearly 75% installed capacity of the Asian market being within these regions. Japan follows India and China in terms of installed capacity. Hydropower is the leading resource in the region, with offshore wind and the solar area being the most exploited renewable resources in Asia. The capacity of this region is expected to witness a robust growth in the coming years.

Properties and Applications

Renewable energy is obtained from renewable sources, which are naturally replenishable like wind, biomass, solar, hydropower, etc. It provides energy to segments like electricity, transport, air and water cooling or heating, and other energy services.

On the basis of types, the industry can be divided into:

  • Solar
  • Wind
  • Hydro
  • Biomass
  • Geothermal

The EMR report also covers the regional markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Market Analysis

The global renewable market is being driven by the increasing awareness and climate changes caused by fossil fuels and conventional energy resources such as oil, coal, and natural gas. The pollution caused by the burning of fossil fuels is causing severe damage to the environment and, thus, resulting in rapid climate change and increasing the need for renewable alternatives. The rising demand witnessed by the industry is being aided by the growing focus on sustainable development since natural resources witnessing a rapid depletion. The increased support by governments globally in the form of tax relief and other benefits for the installation and use of such alternative energy sources, as well as the increasing awareness about green energy among the consumer, is propelling the industry growth further.

The rising economies and installation in emerging economies like India and China are providing further impetus for the industry growth. Governments across the globe are now increasingly investing more in renewable energy plants in order to save electricity and restrict environmental hazards. In the coming years, the industry is expected to be driven by the rising adoption and acceptance of alternative energy sources. The rising innovations within the industry are also expected to propel the industry growth in the forecast period. The increasing parity in the prices of alternative energy to conventional energy is further projected to drive the industry globally.

Competitive Landscape

September 2019- Vestas (OTCMKTS: VWDRY) to scale down the production of the V136 blade in Europe and invest in other types of blades such as V117 and V150 due to shifting market demand.

The report gives a detailed analysis of the following key players in the global renewable energy market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • First Solar, Inc. 
  • Suzlon Energy Ltd.
  • Vestas Wind Systems A/S
  • Conergy Energy Systems 
  • Senvion S.A.
  • Trina Solar Limited
  • Ørsted A/S
  • Vattenfall AB
  • JinkoSolar Holding Co., Ltd
  • Tata Power Solar Systems Ltd.
  • Enel Green Power S.p.A.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter’s five forces model, along with giving a SWOT analysis.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Renewable Energy Market Analysis
    6.1    Figure: Global Renewable Energy Historical Market (2015-2019) & Forecast (2020-2025)
    6.2    Chart: Global Renewable Energy Market Breakup by Type
        6.2.1    Solar
        6.2.2    Wind
        6.2.3    Hydro
        6.2.4    Biomass
        6.2.5    Geothermal
    6.3    Figure: Global Renewable Energy Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
        6.3.1    Solar
        6.3.2    Wind
        6.3.3    Hydro
        6.3.4    Biomass
        6.3.5    Geothermal
    6.4    Chart: Global Renewable Energy Market Breakup by Region
        6.4.1    North America
            6.4.1.1    United States of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    Germany
            6.4.2.2    France
            6.4.2.3    Italy
            6.4.2.4    United Kingdom
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    South Korea
            6.4.3.5    Indonesia
            6.4.3.6    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Chile
            6.4.4.4    Colombia
            6.4.4.5    Mexico
            6.4.4.6    Others
        6.4.5    Middle East and Africa
            6.4.5.1    South Africa
            6.4.5.2    Egypt
            6.4.5.3    Ethiopia
            6.4.5.4    Kenya
            6.4.5.5    Morocco
            6.4.5.6    Others
    6.5    North America Renewable Energy Market Analysis
        6.5.1    Figure: North America Renewable Energy Historical Market (2015-2019) & Forecast (2020-2025)
        6.5.2    Chart: Market Breakup by Type
            6.5.2.1    Hydropower
            6.5.2.2    Onshore Wind
            6.5.2.3    Solar
            6.5.2.4    Bio Energy
            6.5.2.5    Others
        6.5.3    Chart: Market Breakup by Country
            6.5.3.1    United States of America
            6.5.3.2    Canada
    6.6    Europe Renewable Energy Market Analysis
        6.6.1    Figure: Europe Renewable Energy Historical Market (2015-2019) & Forecast (2020-2025)
        6.6.2    Chart: Market Breakup by Type
            6.6.2.1    Hydropower
            6.6.2.2    Onshore Wind
            6.6.2.3    Solar
            6.6.2.4    Bio Energy
            6.6.2.5    Others
        6.6.3    Chart: Market Breakup by Country
            6.6.3.1    Germany 
            6.6.3.2    France 
            6.6.3.3    Italy 
            6.6.3.4    United Kingdom
    6.7    Asia Pacific Renewable Energy Market Analysis
        6.7.1    Figure: Asia Pacific Renewable Energy Historical Market (2015-2019) & Forecast (2020-2025)
        6.7.2    Chart: Market Breakup by Type
            6.7.2.1    Hydropower
            6.7.2.2    Onshore Wind
            6.7.2.3    Solar
            6.7.2.4    Bio Energy
            6.7.2.5    Others
        6.7.3    Chart: Market Breakup by Country
            6.7.3.1    China
            6.7.3.2    Japan
            6.7.3.3    India
            6.7.3.4    South Korea
            6.7.3.5    Indonesia
    6.8    Africa Renewable Energy Market Analysis
        6.8.1    Figure: Africa Renewable Energy Historical Market (2015-2019) & Forecast (2020-2025)
        6.8.2    Chart: Market Breakup by Type
            6.8.2.1    Hydropower
            6.8.2.2    Wind
            6.8.2.3    Solar
            6.8.2.4    Bioenergy
            6.8.2.5    Solid biofuels
            6.8.2.6    Bagasse
            6.8.2.7    Geothermal
        6.8.3    Chart: Breakup by Country
            6.8.3.1    South Africa
            6.8.3.2    Egypt
            6.8.3.3    Ethiopia
            6.8.3.4    Kenya
            6.8.3.5    Morocco
    6.9    Latin America Renewable Energy Market Analysis
        6.9.1    Figure: Latin America Renewable Energy Historical Market (2015-2019) & Forecast (2020-2025)
        6.9.2    Chart: Market Breakup by Type
            6.9.2.1    Hydropower
            6.9.2.2    Bio energy
            6.9.2.3    Bagasse
            6.9.2.4    Others
        6.9.3    Chart: Market Breakup by Country
            6.9.3.1    Brazil
            6.9.3.2    Argentina
            6.9.3.3    Chile
            6.9.3.4    Colombia
            6.9.3.5    Mexico
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Value Chain Analysis
10    Global Renewable Energy Tariff Rates
11    EMR’s Key Indicators for Demand
12    EMR’s Key Indicator for Price
13    Competitive Landscape & Supplier Analysis

    13.1    First Solar, Inc. 
        13.1.1    Company Overview
        13.1.2    Financial Analysis
    13.2    Suzlon Energy Ltd.
        13.2.1    Company Overview
        13.2.2    Financial Analysis
    13.3    Vestas Wind Systems A/S
        13.3.1    Company Overview
        13.3.2    Financial Analysis
    13.4    Conergy Energy Systems 
        13.4.1    Company Overview
        13.4.2    Financial Analysis
    13.5    Senvion S.A.
        13.5.1     Company Overview
        13.5.2    Financial Analysis
    13.6    Trina Solar Limited
        13.6.1    Company Overview
        13.6.2    Financial Analysis
    13.7    Ørsted A/S
        13.7.1    Company Overview
        13.7.2    Financial Analysis
    13.8    Vattenfall AB
        13.8.1    Company Overview
        13.8.2    Financial Analysis
    13.9    JinkoSolar Holding Co., Ltd
        13.9.1    Company Overview
        13.9.2    Financial Analysis
    13.10    Tata Power Solar Systems Ltd.
        13.10.1    Company Overview
        13.10.2    Financial Analysis
    13.11    Enel Green Power S.p.A.
        13.11.1    Company Overview
        13.11.2    Financial Analysis
    13.12    Others
14    Events and Developments

The global renewable energy market attained an installation capacity of 2455 gigawatts. It is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 4.43%. The installation in the industry is projected to reach 3184 gigawatts by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the industry can be segmented into solar, wind, hydro, biomass, and geothermal. The major regional markets for the product are North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa, with North America being a leading regional market within the industry. The key players in the above industry include First Solar, Inc., Suzlon Energy Ltd., Vestas Wind Systems A/S, Conergy Energy Systems, Senvion S.A., Trina Solar Limited, Ørsted A/S, Vattenfall AB, JinkoSolar Holding Co., Ltd, Tata Power Solar Systems Ltd., and Enel Green Power S.p.A., among others.

The major drivers of the industry such as rising disposable incomes, increasing population, rising environmental consciousness, growing awareness about sustainability solutions, and increasing investments by governments and key players are driving the growth of the market globally. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.

EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:

  • How has the global renewable energy market performed in the previous years (2015-2019)?
  • What is the forecast assessment of the industry for 2020-2025?
  • What are the major industry drivers and constraints?
  • What are the major price and demand indicators of the global renewable energy market?
  • Who are the key players in the global renewable energy market?
  • What is the degree of competition in the global renewable energy market?

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

Purchase Full Report

  • Single User License
  • $2999
  • Restricted to one user
  • One print only
  • Available in PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now
  • Five User License
  • $3999
  • Restricted to five users
  • One print per user
  • Available in PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now
  • Corporate License
  • $4999
  • Unlimited users within organisation
  • No limit on prints
  • Available in PPT and PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
Asia Pacific Renewable Energy Market Report and Forecast 2020-2025

The Asia Pacific renewable energy market is the fastest growing market and has also emerged as the largest market. The region accounts for almost 30% of the global market. Globally, almost 2455 gigawa...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Pico-Solar Market Report and Forecast 2019-2024

Global Pico-Solar Market Report and Forecast 2019-2024

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Dual-Axis Solar Tracker Market Report and Forecast 2019-2024

Global Dual-Axis Solar Tracker Market Report and Forecast 2019-2024

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Building-integrated Photovoltaics Market Report and Forecast 2019-2024

The global building-integrated photovoltaics market size was valued at USD 11.58 billion in 2018 and is anticipated to grow at a CAGR of 19.24% between 2019 and 2024. A building-integrated photovoltai...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Concentrated Solar Power Market Report and Forecast 2019-2024

The global concentrated solar power market reached a value of around USD 3780 million in 2018 and is expected to grow at a CAGR of 9% during the forecast period of 2019-2024. Concentrated solar energy...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.

Download Sample

Buy Full Version
"Global Renewable" Purchase Enquiry