Clean Energy Market
Clean Energy Market

Clean Energy Market

Energy & Power

PDF,PPT

Reports and Insights

231-240

May 2021

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Clean Energy Market Overview

The report is titled as ‘Clean Energy Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the clean energy market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The clean energy market is expected to grow at a significant rate in the near future.

The global clean energy market is estimated to reach at a value of US$ 875.1 Mn by the end of 2020 and expected to reach at a value of US$ 2,462.9 Mn by 2028 with a significant CAGR of 13.8%.

Clean Energy Introduction

In the current times, the environment around the world is constantly degrading as a result of numerous processes, including intensification of agriculture, industrial pollution, mining, physical crowing and many others. These processes are also causing climate change, which is estimated to be one of the greatest challenges to tackle as it already had observable effects on the environment. For instance, glaciers have shrunk, ice on lakes and rivers is cracking up earlier, a wide range of animals and plants and animals have shifted as well as trees are flowering sooner, more intense heat waves, and many more. It is believed that clean or renewable energy can help us tackle these environmental challenges and can be the backbone of a secure and prosperous future.

Primarily, clean energy, also referred to as renewable energy, can be understood as the energy obtained from renewable and zero-emissions sources as well as energy conserved by means of energy efficiency measures. To put it simply, clean energy is obtained from natural sources or processes that are continually replenished. For example, wind or sunlight keep blowing or shining, even if their accessibility relies on weather and time.

The employment of clean or renewable energy is one of the most necessary actions that can be taken to cut off the impact on the environment. Production of electricity is a primary source of greenhouse gases, and clean energy also lessens injurious smog, toxic buildups in the water and air, and the consequences caused by gas extraction and coal mining.

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Clean Energy Market Dynamics

Renewable energy technologies transform the energy from various natural sources such as sun, wind, tides, and others, into functional forms such as electricity. The raised emissions of greenhouse gases (GHGs) all around the world, in particular carbon dioxide (CO2) due to the heavy usage of fossil fuels for generation of energy, resulting in depletion of the environment, is further driving the clean energy market.

By the same token, fossil fuels are available in a limited quantity on the earth and thus have highly volatile prices, owing to which, the global clean energy market is further projected to evolve rapidly in the forthcoming years. Although, there is a requirement of heavy investments for the generation of energy from renewable sources, which might not be affordable in every region across the world, which in turn is likely to act as a restraining factor for the growth of the global clean energy market in the years to come.

In addition to that, there is major usage of fossil fuels in the middle-east to generate energy as it is more cost-effective, which may further hold back the growth of the global clean energy market over the forecast period. However, the constant advancements in technologies, as well as abundant government funding in the renewable energy sector, is yet estimated to provide lucrative growth opportunities for the global clean energy market in the coming timeframe.

In other respects, the government and regulatory authorities have applied various stringent regulations and policies owing to the growing concerns regarding environment depletion and climate change in the developed and developing economies, which is further expected to positively fuel the growth of the global clean energy market in the near future.

Furthermore, the emergent technologies in the clean energy market can conquer new niche markets through the execution of fresh business models. This is why the penetration of new technologies, market creation, and progressions of emerging technologies are a few of the leading measures of progress in the implementation of clean energy. Therefore, the global clean energy market is expected to witness significant growth in the coming years.

Clean Energy Market Segmentation

The global clean energy market is segmented on the basis of type, end-use, and regions. On the basis of type, the clean energy market is segmented into Hydroelectric Power, Wind Power Energy, Bioenergy, Solar Energy, Geothermal Energy. On the basis of end-use, the market is categorized into Residential, Commercial, Industrial, Others.

The research report classifies the global clean energy market based on type, end-use, and regions.

By Type

Hydroelectric Power

Wind Power Energy

Bioenergy

Solar Energy

Geothermal Energy

By End-Use

Residential

Commercial

Industrial

Others

By Region

North America

Latin America

Africa

Europe

Asia Pacific

Middle East

Clean Energy Market Key Players

The global clean energy market is dominated by ABB Ltd., General Electric (GE), The Tata Power Company Limited (Tata Power), Innergex, Enel Spa (Enel), Xcel Energy Inc. (Xcel Energy), EDF, Geronimo Energy, Invenergy, and ACCIONA, Vestas Wind Systems A/S, UpWind Solutions, Inc., Senvion S.A., and Sinovel Wind Group Co., Ltd. ENERCON GmbH, among others.

Reports and Insights Overview on Clean Energy Market Report

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the clean energy market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of clean energy

Advantages of clean energy

 

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Clean Energy Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Clean Energy Market Overview

2.1.    Introduction

2.1.1.    Introduction

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Clean Energy Market Snapshot

2.4.    Global Clean Energy Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Clean Energy Market Dynamics

2.5.1.    Drivers

2.5.2.    RestraintsË™

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

3.    Clean Energy Assessment and Analysis

3.1.    Clean Energy Impact Analysis 

3.2.    Actions to encourage use of Clean Energy

3.3.    Clean Energy Promotional Strategy Recommendation

3.4.    Road Map Analysis

3.5.    GAP Analysis

3.6.    Potential Analysis

4.    Covid-19 Impact on Clean Energy Market

4.1.    Impact Analysis of Covid-19 on the global Clean Energy market

4.2.    Effect On Value Chain

4.3.    Business Impact W.R.T Revenue 

4.4.    Volatility In Price 

4.5.    Effect On The Overall Trade 

4.6.    Market Impact Analysis In 2020 (Quarter Wise)

5.    Global Clean Energy Market, By Type

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Type

5.1.2.    BPS Analysis, By Type

5.2.    Market Revenue (US$Mn) and Forecast, By Type

5.2.1.    Hydroelectric Power

5.2.2.    Wind Power Energy

5.2.3.    Bioenergy

5.2.4.    Solar Energy

5.2.5.    Geothermal Energy

5.3.    Global Clean Energy Market Attractiveness Index, By Type

6.    Global Clean Energy Market, By End-Use

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By End-Use

6.1.2.    BPS Analysis, By End-Use

6.2.    Market Revenue (US$Mn) and Forecast, By End-Use

6.2.1.    Residential

6.2.2.    Commercial 

6.2.3.    Industrial 

6.2.4.    Others

6.3.    Global Clean Energy Market Attractiveness Index, By End-Use

7.    Global Clean Energy Market, By Region

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Region

7.1.2.    BPS Analysis, By Region

7.2.    Market Revenue (US$Mn) and Forecast, By Region

7.2.1.    North America

7.2.2.    Latin America

7.2.3.    Europe

7.2.4.    Asia Pacific

7.2.5.    Middle East 

7.2.6.    Africa

7.3.    Global Clean Energy Market Attractiveness Index, By Region

8.    North America Clean Energy Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market Revenue (US$Mn) and Forecast, By Country

8.2.1.    U.S. Clean Energy Market

8.2.2.    Canada Clean Energy Market

8.3.    North America Clean Energy Market, By Type

8.3.1.    Hydroelectric Power

8.3.2.    Wind Power Energy

8.3.3.    Bioenergy

8.3.4.    Solar Energy

8.3.5.    Geothermal Energy

8.4.    North America Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use

8.4.1.    Residential

8.4.2.    Commercial 

8.4.3.    Industrial 

8.4.4.    Others

8.5.    North America Clean Energy Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Type

8.5.3.    By End-Use

9.    Latin America Clean Energy Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    Brazil Clean Energy Market

9.2.2.    Mexico Clean Energy Market

9.2.3.    Rest Of Latin America Clean Energy Market

9.3.    Latin America Clean Energy Market, By Type

9.3.1.    Hydroelectric Power

9.3.2.    Wind Power Energy

9.3.3.    Bioenergy

9.3.4.    Solar Energy

9.3.5.    Geothermal Energy

9.4.    Latin America Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use

9.4.1.    Residential

9.4.2.    Commercial 

9.4.3.    Industrial 

9.4.4.    Others

9.5.    Latin America Clean Energy Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Type

9.5.3.    By End-Use

10.    Europe Clean Energy Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    U.K. Clean Energy Market

10.2.2.    Germany Clean Energy Market

10.2.3.    Italy Clean Energy Market

10.2.4.    France Clean Energy Market

10.2.5.    Spain Clean Energy Market

10.2.6.    Russia Clean Energy Market

10.2.7.    Rest Of Europe Clean Energy Market

10.3.    Europe Clean Energy Market, By Type

10.3.1.    Hydroelectric Power

10.3.2.    Wind Power Energy

10.3.3.    Bioenergy

10.3.4.    Solar Energy

10.3.5.    Geothermal Energy

10.4.    Europe Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use

10.4.1.    Residential

10.4.2.    Commercial 

10.4.3.    Industrial 

10.4.4.    Others

10.5.    Europe Clean Energy Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Type

10.5.3.    By End-Use

11.    Asia Pacific Clean Energy Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    China Clean Energy Market

11.2.2.    India Clean Energy Market

11.2.3.    Japan Clean Energy Market

11.2.4.    Australia and New Zealand Clean Energy Market

11.2.5.    South Korea Clean Energy Market

11.2.6.    Rest of Asia Pacific Clean Energy Market

11.3.    Asia Pacific Clean Energy Market, By Type

11.3.1.    Hydroelectric Power

11.3.2.    Wind Power Energy

11.3.3.    Bioenergy

11.3.4.    Solar Energy

11.3.5.    Geothermal Energy

11.4.    Asia Pacific Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use

11.4.1.    Residential

11.4.2.    Commercial 

11.4.3.    Industrial 

11.4.4.    Others

11.5.    Asia Pacific Clean Energy Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Type

11.5.3.    By End-Use

12.    Middle East Clean Energy Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    GCC Countries Clean Energy Market

12.2.2.    Israel Clean Energy Market

12.2.3.    Rest Of Middle East Clean Energy Market

12.3.    Middle East Clean Energy Market, By Type

12.3.1.    Hydroelectric Power

12.3.2.    Wind Power Energy

12.3.3.    Bioenergy

12.3.4.    Solar Energy

12.3.5.    Geothermal Energy

12.4.    Middle East Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use

12.4.1.    Residential

12.4.2.    Commercial 

12.4.3.    Industrial 

12.4.4.    Others

12.5.    Middle East Clean Energy Market Attractiveness Index

12.5.1.    By Country

12.5.2.    By Type

12.5.3.    By End-Use

13.    Africa Clean Energy Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    South Africa Countries Clean Energy Market

13.2.2.    Egypt Clean Energy Market

13.2.3.    North Africa Clean Energy Market

13.2.4.    Rest of Africa Clean Energy Market

13.3.    Africa Clean Energy Market, By Type

13.3.1.    Hydroelectric Power

13.3.2.    Wind Power Energy

13.3.3.    Bioenergy

13.3.4.    Solar Energy

13.3.5.    Geothermal Energy

13.4.    Africa Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use

13.4.1.    Residential

13.4.2.    Commercial 

13.4.3.    Industrial 

13.4.4.    Others

13.5.    Africa Clean Energy Market Attractiveness Index

13.5.1.    By Country

13.5.2.    By Type

13.5.3.    By End-Use

14.    Competitive Landscape

14.1.    Company Profiles

14.1.1.    ABB Ltd.

14.1.1.1.    Company Overview

14.1.1.2.    Financial Overview

14.1.1.3.    Key Developments

14.1.1.4.    Strategies

14.1.1.5.    Product Analysis

14.1.2.    ENERCON GmbH

14.1.3.    General Electric (GE)

14.1.4.    The Tata Power Company Limited (Tata Power)

14.1.5.    Innergex

14.1.6.    Enel Spa (Enel)

14.1.7.    Xcel Energy Inc. (Xcel Energy)

14.1.8.    EDF

14.1.9.    Geronimo Energy

14.1.10.    Invenergy

14.1.11.    ACCIONA

14.1.12.    Vestas Wind Systems A/S

14.1.13.    UpWind Solutions, Inc.

14.1.14.    Senvion S.A.

14.1.15.    Sinovel Wind Group Co. Ltd.

15.    Acronyms

Frequently Asked Question

What is the projected market size & Compound Annual Growth Rate (CAGR) of the clean energy market?

The global clean energy market is estimated to reach at a value of US$ 875.1 Mn by the end of 2020 and expected to reach at a value of US$ 2,462.9 Mn by 2028 with a significant CAGR of 13.8%

Which base year is used in the clean energy market report?

The base year for the report is 2022 in clean energy market.

What segments are covered in clean energy market report?

The global clean energy market is segmented on the basis of type, end-use, and regions.

What are the key participating players in the clean energy market?

The key participating players in global clean energy market are ABB Ltd., General Electric (GE), The Tata Power Company Limited (Tata Power), Innergex, Enel Spa (Enel), Xcel Energy Inc. (Xcel Energy), EDF, Geronimo Energy, Invenergy, and ACCIONA, Vestas Wind Systems A/S, UpWind Solutions, Inc., Senvion S.A., and Sinovel Wind Group Co., Ltd. ENERCON GmbH, among others.