Green Energy Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030


Posted August 31, 2020 by sonikashukla98

The International Energy Agency (IEA) reported that wind, solar and hydropower projects are rising at their fastest rate and are expected to expand by 50% in the upcoming years.

 
Bharat Book Bureau Provides the Trending Market Research Report on “Green Energy Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030”under Energy Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Market Overview
Green Energy Market registered a high rate of CAGR of 17.28% in the FY14-19 and is expected to grow at a CAGR of XX% till 2030.The market accounted for USD 8.7 billion in 2019 and is expected to grow to USD XXX billion by 2030. The International Energy Agency (IEA) reported that wind, solar and hydropower projects are rising at their fastest rate and are expected to expand by 50% in the upcoming years. The growing demands of the products that are environment friendly and increasing awareness about the same are major factors driving the growth of the green technology and sustainability market.

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Green energy market: Segments
Green energy market is segmented on the basis of type, end-user and region.
On the basis of type, it can be further classified into solar photovoltaic (PV), hydroelectric power, wind energy, geothermal energy and biofuels. Solar energy is further classified according to inverter types such as micro inverter, string inverter and central inverters which stores the power generated from PV cells. Hydroelectric power dominates the market by fulfilling 15-21% demand for electricity. Although, solar energy is expected to sweep the market in the upcoming years due to declining cost of equipment and increased efficiency.

Green Energy Market: Drivers
Government’s initiatives to drive the green energy market
Major driver in the green energy market is government’s initiative to encourage the renewable sources of energy. Seeing the advantages of green energy market, various projects such as cleaner power sources are carried across the world. They are promoting initiatives such as granting of subsidies to green energy products and target-based growth of such projects.

High cost and underutilization of resources to act as market restrains
The high cost of the extraction technology restraints the growth of this sector to some major extent. Another restraint recognized in the green energy market is the nature of certain green energy sources like solar and wind energy. They cannot be used at their full capacity because of the power load factors.

The green energy market is further segmented by region into:
• North America Market Size, Share, Trends, Opportunities-o-Y Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Green energy market: Key players
• IBM Corporation
-Company Overview
-Business Strategy
-Key Product Offerings
-Financial Performance
-Key Performance Indicators
- Risk Analysis
-Recent Development
- Regional Presence
-SWOT Analysis
• LO3 Energy
• Oracle Corporation
• Tech Mahindra Limited
• Other Prominent Players

The green energy market report also contains analysis on:
• Green energy market segments: -
• By type:
-solar photovoltaic (PV)
-hydroelectric power
-wind energy
-geothermal energy
-biofuels
• By End-user:
-Residential
- industrial
-Commercial
• Green Energy Market Dynamics
• Green Energy Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

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Categories Energy
Tags green energy market , green energy market report
Last Updated August 31, 2020