Product Code: r6487
“Green Power Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on green power market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for green power? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The green power market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Solar Energy; Wind Energy; Hydroelectric Power; Biofuels; Other Types
- 2) By Offering: Solutions; Services
- 3) By End-User: Residential; Commercial; Industrial
- Companies Mentioned: GE Renewable Energy (General Electric Company); Siemens Gamesa Renewable Energy S.A.; Trina Solar Co. Ltd.; Adani Green Energy Limited; Robert Bosch GmbH
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the green power market are GE Renewable Energy (General Electric Company), Siemens Gamesa Renewable Energy S.A., Trina Solar Co. Ltd., Adani Green Energy Limited, Robert Bosch GmbH, Earthlinked Technologies Inc., Ormat Technologies Inc., Senvion S.A., Orsted A/S, Tata Power Company Limited., Iberdrola Sociedad Anonima, Brookfield Renewable Energy, Enel S.p.A., First Solar Inc., Nordex SE, and Yingli Solar.
The global green power market is expected to grow from $66.81 billion in 2022 to $76.37 billion in 2023 at a compound annual growth rate (CAGR) of 14.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The green power market is expected to grow to $131.21 billion in 2027 at a CAGR of 14.5%.
The green power market consists of revenues earned by entities by providing tidal energy services. The market value includes the value of related goods sold by the service provider or included within the service offering. The green power market also includes sales of wind turbine, rotor, nacelle, and tower, which are used in providing green power services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Green power*is a subset of renewable energy, that is generated from natural resources. It represents those renewable energy resources and technologies that provide the greatest environmental benefit.
Europe was the largest region in the green power market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the green power market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of green power are solar energy, wind energy, hydroelectric power, biofuels, and others. Solar energy refers to mechanical power or electricity, generated through the sun by nuclear fusion and is useful for green power technology to replace fossil fuel usage in the economy. The offerings include solutions and services used by various end-users such as residential, commercial, and industrial.
Increasing urbanization is expected to propel the growth of the green power market going forward. Urbanization is the process by which huge numbers of people become permanently concentrated in relatively small regions, establishing cities. Urbanization causes significant increases in both real and ideal energy usage. To meet rising green power needs and reduce emissions, urban areas prioritize the use of renewable energy sources as a future sustainable energy option. For instance, according to the World Meteorological Organization (WMO), a Switzerland-based non-governmental organization, 3.5 billion people resided in urban areas in 2022. This number is projected to reach 6.3 billion by 2050, increasing from 50% to more than 70% of the world's population. Therefore, increasing urbanization is driving the growth of the green power market.
Product innovation has emerged as a key trend gaining popularity in the green power market. Major companies operating in the green power market are focused on innovating new technologies to sustain their position in the market. For instance, in May 2022, GE (General Electric Company), a US-based conglomerate company launched Lifespan, a new digital product portfolio (wind asset management platform) that enables customers to optimize the performance and operations of renewable assets across their fleet. The Lifespan product suite is completely integrated, technology agnostic, and was built in collaboration with operators to achieve enhanced operations.
In February 2022, Chevron Corporation, a US-based energy corporation acquired Renewable Energy Group, Inc. for a deal value of $2.75 billion. Through this acquisition, both companies grow more quickly and efficiently than either could on their own. Renewable Energy Group is a US-based company that manufactures and distributes renewable fuels such as biodiesel and sustainable diesel.
The countries covered in the green power market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The green power market research report is one of a series of new reports from The Business Research Company that provides green power market statistics, including the green power industry global market size, regional shares, competitors with a green power market share, detailed green power market segments, market trends and opportunities, and any further data you may need to thrive in the green power industry. This green power market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Green Power Market Characteristics
3. Green Power Market Trends And Strategies
4. Green Power Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Green Power Market
- 4.2. Ukraine-Russia War Impact On Green Power Market
- 4.3. Impact Of High Inflation On Green Power Market
5. Green Power Market Size And Growth
- 5.1. Global Green Power Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Green Power Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Green Power Market Segmentation
- 6.1. Global Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Solar Energy
- Wind Energy
- Hydroelectric Power
- Biofuels
- Other Types
- 6.2. Global Green Power Market, Segmentation By Offering, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Solutions
- Services
- 6.3. Global Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Residential
- Commercial
- Industrial
7. Green Power Market Regional And Country Analysis
- 7.1. Global Green Power Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Green Power Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Green Power Market
- 8.1. Asia-Pacific Green Power Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Green Power Market
- 9.1. China Green Power Market Overview
- 9.2. China Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Green Power Market
- 10.1. India Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Green Power Market
- 11.1. Japan Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Green Power Market
- 12.1. Australia Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Green Power Market
- 13.1. Indonesia Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Green Power Market
- 14.1. South Korea Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Green Power Market
- 15.1. Western Europe Green Power Market Overview
- 15.2. Western Europe Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Green Power Market
- 16.1. UK Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Green Power Market
- 17.1. Germany Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Green Power Market
- 18.1. France Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Green Power Market
- 19.1. Eastern Europe Green Power Market Overview
- 19.2. Eastern Europe Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Green Power Market
- 20.1. Russia Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Green Power Market
- 21.1. North America Green Power Market Overview
- 21.2. North America Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Green Power Market
- 22.1. USA Green Power Market Overview
- 22.2. USA Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Green Power Market
- 23.1. South America Green Power Market Overview
- 23.2. South America Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Green Power Market
- 24.1. Brazil Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Green Power Market
- 25.1. Middle East Green Power Market Overview
- 25.2. Middle East Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Green Power Market
- 26.1. Africa Green Power Market Overview
- 26.2. Africa Green Power Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Green Power Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Green Power Market Competitive Landscape And Company Profiles
- 27.1. Green Power Market Competitive Landscape
- 27.2. Green Power Market Company Profiles
- 27.2.1. GE Renewable Energy (General Electric Company)
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Siemens Gamesa Renewable Energy S.A.
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Trina Solar Co. Ltd.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Adani Green Energy Limited
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Robert Bosch GmbH
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Green Power Market
29. Green Power Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer