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The renewable electricity generation market is forecasted to grow by USD 215.77 billion during 2023-2028, accelerating at a CAGR of 11.5% during the forecast period. The report on the renewable electricity generation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by tax incentives for renewable electricity generation projects, increasing investments in renewable energy generation, and cost-effectiveness of renewable electricity.
The renewable electricity generation market is segmented as below:
By Type
- Solar
- Wind
- Hydropower
- Biomass
- Others
By End-user
- Residential
- Industrial
- Commercial
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the renewable electricity generation market covers the following areas:
- Renewable Electricity Generation Market sizing
- Renewable Electricity Generation Market forecast
- Renewable Electricity Generation Market industry analysis
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 report 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global renewable electricity generation market: Acciona SA, Adani Green Energy Ltd., BP Plc, Brookfield Business Partners LP, Canadian Solar Inc., Constellation Energy Corp, Duke Energy Corp., Enbridge Inc., GE Vernova Inc., Iberdrola SA, Innergex Renewable Energy Inc., Invenergy, Orsted AS, Plug Power Inc., Schneider Electric SE, Siemens Gamesa Renewable Energy SA, Suzlon Energy Ltd., Tata Power Renewable Energy Ltd., and Vestas Wind Systems AS.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of renewable energy and storage."
According to the report, one of the major drivers for this market is the tax incentives for renewable electricity generation projects.
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:
- Acciona SA
- Adani Green Energy Ltd.
- BP Plc
- Brookfield Business Partners LP
- Canadian Solar Inc.
- Constellation Energy Corp
- Duke Energy Corp.
- Enbridge Inc.
- GE Vernova Inc.
- Iberdrola SA
- Innergex Renewable Energy Inc.
- Invenergy
- Orsted AS
- Plug Power Inc.
- Schneider Electric SE
- Siemens Gamesa Renewable Energy SA
- Suzlon Energy Ltd.
- Tata Power Renewable Energy Ltd.
- Vestas Wind Systems AS