Global Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Global Renewable Energy 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 global renewable energy market had total revenues of $514.7 billion in 2022, representing a compound annual growth rate (CAGR) of 7.1% between 2017 and 2022.
- Market production volume increased with a CAGR of 7.1% between 2017 and 2022, to reach a total of 7,642,441.3 GWh in 2022.
- Due to mounting environmental concerns and pressure to lessen the adverse impacts of greenhouse gases (GHG), the energy generation market has seen growth in terms of the installed capacity of renewable sources in recent years.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globalrenewable energy market
- 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 Global renewable energy market with five year forecasts
- What was the size of the Global renewable energy market by value in 2022?
- What will be the size of the Global renewable energy market in 2027?
- What factors are affecting the strength of competition in the Global renewable energy market?
- How has the market performed over the last five years?
- What are the main segments that make up the global'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. China Three Gorges Corp
- 8.2. Iberdrola, S.A.
- 8.3. Enel Green Power SpA
- 8.4. NextEra Energy, Inc.
- 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: Global renewable energy market value: $ million, 2017–22
- Table 2: Global renewable energy market volume: GWh, 2017–22
- Table 3: Global renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Global renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Global renewable energy market geography segmentation: $ million, 2022
- Table 6: Global renewable energy market value forecast: $ million, 2022–27
- Table 7: Global renewable energy market volume forecast: GWh, 2022–27
- Table 8: China Three Gorges Corp: key facts
- Table 9: China Three Gorges Corp: Key Employees
- Table 10: Iberdrola, S.A.: key facts
- Table 11: Iberdrola, S.A.: Annual Financial Ratios
- Table 12: Iberdrola, S.A.: Key Employees
- Table 13: Enel Green Power SpA: key facts
- Table 14: Enel Green Power SpA: Key Employees
- Table 15: NextEra Energy, Inc.: key facts
- Table 16: NextEra Energy, Inc.: Annual Financial Ratios
- Table 17: NextEra Energy, Inc.: Key Employees
- Table 18: NextEra Energy, Inc.: Key Employees Continued
- Table 19: Global exchange rate, 2018–22
- List of Figures
- Figure 1: Global renewable energy market value: $ million, 2017–22
- Figure 2: Global renewable energy market volume: GWh, 2017–22
- Figure 3: Global renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Global renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Global renewable energy market value forecast: $ million, 2022–27
- Figure 6: Global renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the global renewable energy market, 2022
- Figure 8: Drivers of buyer power in the global renewable energy market, 2022
- Figure 9: Drivers of supplier power in the global renewable energy market, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the global renewable energy market, 2022
- Figure 11: Factors influencing the threat of substitutes in the global renewable energy market, 2022
- Figure 12: Drivers of degree of rivalry in the global renewable energy market, 2022
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