+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Renewable Energy Market in Canada 2022-2026

  • PDF Icon

    Report

  • 120 Pages
  • February 2022
  • Region: Canada
  • TechNavio
  • ID: 5561318
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The publisher has been monitoring the renewable energy market in Canada and it is poised to grow by 18.51 GW during 2022-2026, progressing at a CAGR of 3.37% during the forecast period. The report on the renewable energy market in Canada provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by supportive government policies and increase in number of hydro power projects.

The renewable energy market in Canada analysis includes end-user and type segments.

The renewable energy market in Canada is segmented as below:


By End-user


  • Industrial
  • Residential

By Type


  • hydropower
  • wind
  • others

This study identifies the rising demand for clean energy sources as one of the prime reasons driving the renewable energy market growth in Canada during the next few years.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The report on renewable energy market in Canada covers the following areas:
  • Renewable energy market sizing
  • Renewable energy market forecast
  • Renewable energy market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading renewable energy market vendors in Canada that include AAA Canada Inc., Bird Construction Inc., Canadian Solar Inc., HELIENE Inc., Innovative Composite Products Inc., Manitoba Hydro, Smart Wires Inc., The Smart Energy Co., VCT Group Inc., and Vestas Wind Systems AS. Also, the renewable energy market in Canada analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key finding 2
Exhibit 03: Key finding 5
Exhibit 04: Key finding 6
Exhibit 05: Key finding 7
2. Market Landscape
2.1 Market ecosystem
Exhibit 06: Parent market
Exhibit 07: Market characteristics
2.2 Value chain analysis
Exhibit 08: Value chain analysis - Renewable electricity
2.2.1 Inputs
2.2.2 Electricity generation
2.2.3 Electricity transmission
2.2.4 Electricity distribution
2.2.5 End-users
2.2.6 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 11: Canada - Market size and forecast 2021 - 2026 ($ million)
Exhibit 12: Canada market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 13: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 14: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 15: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 16: Threat of new entrants
4.5 Threat of substitutes
Exhibit 17: Threat of substitutes
4.6 Threat of rivalry
Exhibit 18: Threat of rivalry
4.7 Market condition
Exhibit 19: Market condition - Five forces 2021
5. Market Segmentation by End-user
5.1 Market segments
The segments covered in this chapter are:
Dry
Liquid
Exhibit 20: End-user - Market share 2021-2026 (%)
5.2 Comparison by End-user
Exhibit 21: Comparison by End-user
5.3 Industrial - Market size and forecast 2021-2026
Exhibit 22: Industrial - Market size and forecast 2021-2026 ($ million)
Exhibit 23: Industrial - Year-over-year growth 2021-2026 (%)
5.4 Residential - Market size and forecast 2021-2026
Exhibit 24: Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 25: Residential - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by End-user
Exhibit 26: Market opportunity by End-user
6. Market Segmentation by Type
6.1 Market segments
The segments covered in this chapter are:
Hydropower
Wind
Others
Exhibit 27: Type - Market share 2021-2026 (%)
6.2 Comparison by Type
Exhibit 28: Comparison by Type
6.3 Hydropower - Market size and forecast 2021-2026
Exhibit 29: Hydropower - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Hydropower - Year-over-year growth 2021-2026 (%)
6.4 Wind - Market size and forecast 2021-2026
Exhibit 31: Wind - Market size and forecast 2021-2026 ($ million)
Exhibit 32: Wind - Year-over-year growth 2021-2026 (%)
6.5 Others - Market size and forecast 2021-2026
Exhibit 33: Others - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Others - Year-over-year growth 2021-2026 (%)
6.6 Market opportunity by Type
Exhibit 35: Market opportunity by Type
7. Customer landscape
  • The publisher's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
7.1 Overview
Exhibit 36: Customer landscape
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Supportive government policies
8.1.2 Increase in number of hydro power projects
8.1.3 Rising demand for clean energy sources
8.2 Market challenges
8.2.1 Competition from fossil fuels
8.2.2 Challenges associated with the availability and storage of renewable sources of energy
8.2.3 High cost of clean energy technologies
Exhibit 37: Impact of drivers and challenges
8.3 Market trends
8.3.1 Emergence of zero-energy buildings
8.3.2 Increasing popularity of hybrid power projects
8.3.3 Rising investment in wind energy
9. Vendor Landscape
9.1 Overview
Exhibit 38: Vendor landscape
9.2 Landscape disruption
Exhibit 39: Landscape disruption
Exhibit 40: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 41: Vendors covered
10.2 Market positioning of vendors
Exhibit 42: Market positioning of vendors
10.3 AAA Canada Inc.
Exhibit 43: AAA Canada Inc. - Overview
Exhibit 44: AAA Canada Inc. - Product and service
Exhibit 45: AAA Canada Inc. - Key offerings
10.4 Bird Construction Inc.
Exhibit 46: Bird Construction Inc. - Overview
Exhibit 47: Bird Construction Inc. - Product and service
Exhibit 48: Bird Construction Inc. - Key offerings
10.5 Canadian Solar Inc.
Exhibit 49: Canadian Solar Inc. - Overview
Exhibit 50: Canadian Solar Inc. - Business segments
Exhibit 51: Canadian Solar Inc. - Key offerings
Exhibit 52: Canadian Solar Inc. - Segment focus
10.6 HELIENE Inc.
Exhibit 53: HELIENE Inc. - Overview
Exhibit 54: HELIENE Inc. - Product and service
Exhibit 55: HELIENE Inc. - Key offerings
10.7 Innovative Composite Products Inc.
Exhibit 56: Innovative Composite Products Inc. - Overview
Exhibit 57: Innovative Composite Products Inc. - Product and service
Exhibit 58: Innovative Composite Products Inc. - Key offerings
10.8 Manitoba Hydro
Exhibit 59: Manitoba Hydro - Overview
Exhibit 60: Manitoba Hydro - Business segments
Exhibit 61: Manitoba Hydro - Key offerings
Exhibit 62: Manitoba Hydro - Segment focus
10.9 Smart Wires Inc.
Exhibit 63: Smart Wires Inc. - Overview
Exhibit 64: Smart Wires Inc. - Product and service
Exhibit 65: Smart Wires Inc. - Key offerings
10.10 The Smart Energy Co.
Exhibit 66: The Smart Energy Co. - Overview
Exhibit 67: The Smart Energy Co. - Product and service
Exhibit 68: The Smart Energy Co. - Key offerings
10.11 VCT Group Inc.
Exhibit 69: VCT Group Inc. - Overview
Exhibit 70: VCT Group Inc. - Product and service
Exhibit 71: VCT Group Inc. - Key offerings
10.12 Vestas Wind Systems AS
Exhibit 72: Vestas Wind Systems AS - Overview
Exhibit 73: Vestas Wind Systems AS - Business segments
Exhibit 74: Vestas Wind Systems AS - Key offerings
Exhibit 75: Vestas Wind Systems AS - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 76: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 77: Research Methodology
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: Information sources
11.4 List of abbreviations
Exhibit 80: List of abbreviations
List of Exhibits
Exhibit 1: Key Finding 1
Exhibit 2: Key Finding 2
Exhibit 3: Key Finding 5
Exhibit 4: Key Finding 6
Exhibit 5: Key Finding 7
Exhibit 6: Parent market
Exhibit 7: Market characteristics
Exhibit 8: Offerings of vendors included in the market definition
Exhibit 9: Market segments
Exhibit 10: Global - Market size and forecast 2021 - 2026 (GW)
Exhibit 11: Global market: Year-over-year growth 2021 - 2026 (%)
Exhibit 12: Five forces analysis 2021 & 2026
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2021
Exhibit 19: End-user - Market share 2021-2026 (%)
Exhibit 20: Comparison by End-user
Exhibit 21: Industrial - Market size and forecast 2021-2026 (GW)
Exhibit 22: Industrial - Year-over-year growth 2021-2026 (%)
Exhibit 23: Residential - Market size and forecast 2021-2026 (GW)
Exhibit 24: Residential - Year-over-year growth 2021-2026 (%)
Exhibit 25: Market opportunity by End-user
Exhibit 26: Type - Market share 2021-2026 (%)
Exhibit 27: Comparison by Type
Exhibit 28: Hydropower - Market size and forecast 2021-2026 (GW)
Exhibit 29: Hydropower - Year-over-year growth 2021-2026 (%)
Exhibit 30: Wind - Market size and forecast 2021-2026 (GW)
Exhibit 31: Wind - Year-over-year growth 2021-2026 (%)
Exhibit 32: Others - Market size and forecast 2021-2026 (GW)
Exhibit 33: Others - Year-over-year growth 2021-2026 (%)
Exhibit 34: Market opportunity by Type
Exhibit 35: Customer landscape
Exhibit 36: Impact of drivers and challenges
Exhibit 37: Vendor landscape
Exhibit 38: Landscape disruption
Exhibit 39: Industry risks
Exhibit 40: Vendors covered
Exhibit 41: Market positioning of vendors
Exhibit 42: AAA Canada Inc. - Overview
Exhibit 43: AAA Canada Inc. - Product and service
Exhibit 44: AAA Canada Inc. - Key offerings
Exhibit 45: AAA Canada Inc. - Key customers
Exhibit 46: AAA Canada Inc. - Segment focus
Exhibit 47: Bird Construction Inc. - Overview
Exhibit 48: Bird Construction Inc. - Product and service
Exhibit 49: Bird Construction Inc. - Key offerings
Exhibit 50: Bird Construction Inc. - Key customers
Exhibit 51: Bird Construction Inc. - Segment focus
Exhibit 52: Canadian Solar Inc. - Overview
Exhibit 53: Canadian Solar Inc. - Business segments
Exhibit 54: Canadian Solar Inc. - Key offerings
Exhibit 55: Canadian Solar Inc. - Key customers
Exhibit 56: Canadian Solar Inc. - Segment focus
Exhibit 57: HELIENE Inc. - Overview
Exhibit 58: HELIENE Inc. - Product and service
Exhibit 59: HELIENE Inc. - Key offerings
Exhibit 60: HELIENE Inc. - Key customers
Exhibit 61: HELIENE Inc. - Segment focus
Exhibit 62: Innovative Composite Products Inc. - Overview
Exhibit 63: Innovative Composite Products Inc. - Product and service
Exhibit 64: Innovative Composite Products Inc. - Key offerings
Exhibit 65: Innovative Composite Products Inc. - Key customers
Exhibit 66: Innovative Composite Products Inc. - Segment focus
Exhibit 67: Manitoba Hydro - Overview
Exhibit 68: Manitoba Hydro - Business segments
Exhibit 69: Manitoba Hydro - Key offerings
Exhibit 70: Manitoba Hydro - Key customers
Exhibit 71: Manitoba Hydro - Segment focus
Exhibit 72: Smart Wires Inc. - Overview
Exhibit 73: Smart Wires Inc. - Product and service
Exhibit 74: Smart Wires Inc. - Key offerings
Exhibit 75: Smart Wires Inc. - Key customers
Exhibit 76: Smart Wires Inc. - Segment focus
Exhibit 77: The Smart Energy Co. - Overview
Exhibit 78: The Smart Energy Co. - Product and service
Exhibit 79: The Smart Energy Co. - Key offerings
Exhibit 80: The Smart Energy Co. - Key customers
Exhibit 81: The Smart Energy Co. - Segment focus
Exhibit 82: VCT Group Inc. - Overview
Exhibit 83: VCT Group Inc. - Product and service
Exhibit 84: VCT Group Inc. - Key offerings
Exhibit 85: VCT Group Inc. - Key customers
Exhibit 86: VCT Group Inc. - Segment focus
Exhibit 87: Vestas Wind Systems AS - Overview
Exhibit 88: Vestas Wind Systems AS - Business segments
Exhibit 89: Vestas Wind Systems AS - Key offerings
Exhibit 90: Vestas Wind Systems AS - Key customers
Exhibit 91: Vestas Wind Systems AS - Segment focus
Exhibit 92: Currency conversion rates for US$
Exhibit 93: Research Methodology
Exhibit 94: Validation techniques employed for market sizing
Exhibit 95: Information sources
Exhibit 96: List of abbreviations

Executive Summary

The publisher announces the Publication of its Research Report - Renewable Energy Market in Canada 2022-2026

The publisher recognizes the following companies as the key players in the renewable energy market in Canada: AAA Canada Inc., Bird Construction Inc., Canadian Solar Inc., HELIENE Inc., Innovative Composite Products Inc., Manitoba Hydro, Smart Wires Inc., The Smart Energy Co., VCT Group Inc., and Vestas Wind Systems AS.

Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is rising demand for clean energy sources.'

According to the report, one of the major drivers for this market is the supportive government policies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AAA Canada Inc.
  • Bird Construction Inc.
  • Canadian Solar Inc.
  • HELIENE Inc.
  • Innovative Composite Products Inc.
  • Manitoba Hydro
  • Smart Wires Inc.
  • The Smart Energy Co.
  • VCT Group Inc.
  • Vestas Wind Systems AS