Global Renewable Energy Market Insights, Emerging Trends and Latest Opportunities 2022 - 2030

Renewable energy has gained high importance from over the last ten years due to increased awareness about global warming and depletion of fossil fuels. Renewable energy industry stakeholders are heavily investing in renewable energy, which can eventually help to integrate variable renewables such as wind and solar into the electric grid. Industry players are looking forward to commercialize emerging technologies such as green hydrogen, advanced batteries, and other forms of long-duration storage to capitalise on the potential opportunity in the global renewable energy market. These technologies provide zero-carbon electricity and longer-term seasonal electricity storage, ease grid congestion, boost reliability and facilitate integration of solar and wind. 

In terms of revenue, renewable energy market is anticipated to witness a CAGR of 8.1% over the forecast period (2022 - 2030).

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The forthcoming years are projected to showcase new growth paths for the global renewable energy market. Various next generation technologies are likely to commercialize renewable energies as they have eased renewable integrations. Renewable energy companies are venturing into varied developmental strategies such as expanding the solar-plus-storage market and state expansion of community solar policies, along with experiments in floating solar PV projects, which are expected to mark new frontiers for renewable energy. Furthermore, renewable energy market participants are increasingly focusing on building new interstate transmission lines and enhancing existing line capacity utilization, which is critical to bring these renewable energy resources to energy consumers. This trend is anticipated to accelerate in the coming years and create new opportunities for the renewable energy industry.

During the lockdown imposed due to Covid-19, countries dependence on reliable electricity has brought an awakening call for the renewable energy resources. During the pandemic, there has been a significant emphasis on adopting renewable technologies and the role they play in boosting energy access to consumers. Renewable energy was at the forefront of countries response to COVID-19, with many seeing an opportunity to using low-carbon technologies to create more robust and sustainable energy systems, while boosting economic growth and generating employment opportunities. Taking into consideration the adverse effects of pandemic, various renewable energy organizations such as International Renewable Energy Agency (IRENA) and International Hydropower Association have teamed up for large scale investments to boost the development, deployment and integration of various technologies for renewable energy, which are likely to exhibit substantial growth opportunity for renewable energy market over the period of next eight years.

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Major Market Players Profiled in the Renewable Energy Market Report include:
ABB
Adani Group
Brookfield Renewable Corporation
EDF Renewables
Enel Spa
GE Renewable Energy
Iberdrola, S.A.
Innergex
Invenergy
Royal Dutch Shell plc
Siemens Gamesa Renewable Energy, S.A.
Tata Power
Vestas Wind Systems A/S
Other Market Participants

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Our 420+ Pages Report titled, Renewable Energy Market will include extensive information on the following pointers:

Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Renewable Energy Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.

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Global Renewable Energy Market Segmentation:

By Offering
Solutions
Services

By Type
Solar Energy
Wind Energy
Hydroelectric Energy
Biomass and Biogas
Tidal and Wave Energy
Others

By End Users
Residential
Commercial & Industrial
Utilities
Others

By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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