Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027


Summary

Global Renewable Energy industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.


Key Highlights

  • The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, these being hydroelectricity, wind energy, solar, biomass, and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means. The value of the industry is the amount of electricity produced multiplied by the wholesale price data for electricity generation.
  • All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
  • The global renewable energy market had total revenues of $514.7 billion in 2022, representing a compound annual growth rate (CAGR) of 7.1% between 2017 and 2022.
  • Market production volume increased with a CAGR of 7.1% between 2017 and 2022, to reach a total of 7,642,441.3 GWh in 2022.
  • Due to mounting environmental concerns and pressure to lessen the adverse impacts of greenhouse gases (GHG), the energy generation market has seen growth in terms of the installed capacity of renewable sources in recent years.




Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global renewable energy market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global renewable energy market
  • Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global renewable energy market with five year forecasts by both value and volume




Reasons To Buy

  • What was the size of the global renewable energy market by value in 2022?
  • What will be the size of the global renewable energy market in 2027?
  • What factors are affecting the strength of competition in the global renewable energy market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global renewable energy market?