India Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in India industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 Indian renewable energy market had total revenues of $16.1 billion in 2022, representing a compound annual growth rate (CAGR) of 8.6% between 2017 and 2022.
- Market production volume increased with a CAGR of 9.6% between 2017 and 2022, to reach a total of 346,291.8 GWh in 2022.
- Factors such as rapid urbanization and industrialization are boosting pollution levels, which in turn is encouraging the adoption of renewable energy in the market. In 2022, $14.5 billion was invested in renewable energy in India, a 125% increase over FY2
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in India
- 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 India renewable energy market with five year forecasts by both value and volume
- What was the size of the India renewable energy market by value in 2022?
- What will be the size of the India renewable energy market in 2027?
- What factors are affecting the strength of competition in the India renewable energy market?
- How has the market performed over the last five years?
- Who are the top competitiors in India'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. Adani Green Energy Ltd
- 8.2. The Tata Power Company Limited
- 8.3. Torrent Power Limited
- 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: India renewable energy market value: $ million, 2017–22
- Table 2: India renewable energy market volume: GWh, 2017–22
- Table 3: India renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: India renewable energy market category segmentation: $ million, 2017-2022
- Table 5: India renewable energy market geography segmentation: $ million, 2022
- Table 6: India renewable energy market value forecast: $ million, 2022–27
- Table 7: India renewable energy market volume forecast: GWh, 2022–27
- Table 8: Adani Green Energy Ltd: key facts
- Table 9: Adani Green Energy Ltd: Annual Financial Ratios
- Table 10: Adani Green Energy Ltd: Key Employees
- Table 11: The Tata Power Company Limited: key facts
- Table 12: The Tata Power Company Limited: Annual Financial Ratios
- Table 13: The Tata Power Company Limited: Key Employees
- Table 14: Torrent Power Limited: key facts
- Table 15: Torrent Power Limited: Annual Financial Ratios
- Table 16: Torrent Power Limited: Key Employees
- Table 17: India size of population (million), 2018–22
- Table 18: India gdp (constant 2005 prices, $ billion), 2018–22
- Table 19: India gdp (current prices, $ billion), 2018–22
- Table 20: India inflation, 2018–22
- Table 21: India consumer price index (absolute), 2018–22
- Table 22: India exchange rate, 2018–22
- List of Figures
- Figure 1: India renewable energy market value: $ million, 2017–22
- Figure 2: India renewable energy market volume: GWh, 2017–22
- Figure 3: India renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: India renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: India renewable energy market value forecast: $ million, 2022–27
- Figure 6: India renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in India, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in India, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in India, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in India, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in India, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in India, 2022
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