Promising Future In Renewable Energy Market Analysis By Top key Players - : General Electric (GE Power), CPFL Energia S.A., Terra-Gen, LLC, Tata Power Company Limited, IHI Corporation, Alstom SA, Shenzhen Energy Group Co.

Renewable Energy Market :

Renewable source of energy is gaining a strong foothold in the energy industry. Sources such as solar power, wind power, and water power are commonly used to produce renewable energy. Global warming and air & water pollution are the major issues surrounding the use of fossil fuel in energy generation. With the rise in the average temperature of the earth’s climate system and the ever-increasing demand for energy, the renewable source of energy provides the best solution to tackle the side effect of using fossil fuels. The carbon footprint produced by the renewable source of energy is significantly low as compared to other fossil fuels, which reduces the impact of global warming. Furthermore, high demand for energy by developed countries propels them towards the use of renewable sources to cater to their requirement.

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The demand for renewable source of energy is fueled by increase in demand for energy coupled with depletion of non-renewable source of energy such as petroleum, coal, and natural gas. Furthermore, the market is driven by increase in awareness about environmental safety and security. However, high cost of investment for the infrastructural setup impedes this market growth. Continuous development of new technologies in renewable source and increased government funding offer new opportunities for market expansion.

The global renewable energy market is segmented based on type, end user, and geography. On the basis of type, it is divided into hydro & ocean power, wind energy, solar energy, bioenergy, and geothermal energy. By end user, it is classified into residential, commercial, and industrial & others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key market players in this sector include General Electric (GE Power), CPFL Energia S.A., Terra-Gen, LLC, Tata Power Company Limited, IHI Corporation, Alstom SA, Shenzhen Energy Group Co., Ltd., ABB Ltd., Mitsubishi Heavy Industry, and Enel Green Power S.P.A.

Key benefits for stakeholders

• This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2014-2025, which assist to identify the prevailing market opportunities.

• Major countries in each region are mapped as per key trends and
opportunities of the market and presence of major players.

• Region-wise and country-wise market conditions are comprehensively
analyzed in the report.

• Key players of the renewable energy market are also listed.

• This study evaluates value chain to understand the competitive environment across geographies.

• An in-depth analysis of segmentation is provided to elucidate the dominant opportunities.

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Key market Renewable Energy Market key segments:

By Type
• Hydro & Ocean Power
o Wave Energy
o Tidal Energy
o Other

• Wind Energy

o Offshore
o Onshore

• Solar Energy

o Solar PV
o CSP

• Bioenergy

o Bio-alcohol
o Biomass
o Bio-diesel
o Others

• Geothermal Energy

By End User

• Residential
• Commercial
• Industrial & Others

By Geography

• North America
• Europe
• Asia-Pacific
• LAMEA

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