Europe Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, these being hydroelectricity, wind energy, solar, biomass, and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means. The value of the industry is the amount of electricity produced multiplied by the wholesale price data for electricity generation.
- The European renewable energy market had total revenues of $129.5 billion in 2022, representing a compound annual growth rate (CAGR) of 6.3% between 2017 and 2022.
- Market production volume increased with a CAGR of 5.2% between 2017 and 2022, to reach a total of 1,493,281.1 GWh in 2022.
- The REPowerEU Regulation 7, which was adopted on February 27, 2023, aims to swiftly reduce the EU's reliance on imports of Russian fossil fuels. In addition to boosting the use of renewable energy sources, energy storage capabilities, and energy efficienc
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Europe
- Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe renewable energy market with five year forecasts
- What was the size of the Europe renewable energy market by value in 2022?
- What will be the size of the Europe renewable energy market in 2027?
- What factors are affecting the strength of competition in the Europe renewable energy market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's renewable energy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What have been the most significant mergers and acquisitions over the last year?
- 7.3. Which companies are responsible for the most significant renewable projects under development?
- 8 Company Profiles
- 8.1. Iberdrola, S.A.
- 8.2. E.ON Climate & Renewables GmbH
- 8.3. Electricite de France SA
- 8.4. Engie SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Europe renewable energy market value: $ million, 2017–22
- Table 2: Europe renewable energy market volume: GWh, 2017–22
- Table 3: Europe renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Europe renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Europe renewable energy market geography segmentation: $ million, 2022
- Table 6: Europe renewable energy market value forecast: $ million, 2022–27
- Table 7: Europe renewable energy market volume forecast: GWh, 2022–27
- Table 8: Iberdrola, S.A.: key facts
- Table 9: Iberdrola, S.A.: Annual Financial Ratios
- Table 10: Iberdrola, S.A.: Key Employees
- Table 11: E.ON Climate & Renewables GmbH: key facts
- Table 12: E.ON Climate & Renewables GmbH: Key Employees
- Table 13: Electricite de France SA: key facts
- Table 14: Electricite de France SA: Key Employees
- Table 15: Electricite de France SA: Key Employees Continued
- Table 16: Engie SA: key facts
- Table 17: Engie SA: Annual Financial Ratios
- Table 18: Engie SA: Key Employees
- Table 19: Europe size of population (million), 2018–22
- Table 20: Europe gdp (constant 2005 prices, $ billion), 2018–22
- Table 21: Europe gdp (current prices, $ billion), 2018–22
- Table 22: Europe inflation, 2018–22
- Table 23: Europe consumer price index (absolute), 2018–22
- Table 24: Europe exchange rate, 2018–22
- List of Figures
- Figure 1: Europe renewable energy market value: $ million, 2017–22
- Figure 2: Europe renewable energy market volume: GWh, 2017–22
- Figure 3: Europe renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Europe renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Europe renewable energy market value forecast: $ million, 2022–27
- Figure 6: Europe renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in Europe, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in Europe, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in Europe, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Europe, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Europe, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in Europe, 2022
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