Norway Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Norway 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 Norwegian renewable energy market had total revenues of $7.1 billion in 2022, representing a compound annual growth rate (CAGR) of 5.7% between 2017 and 2022.
- Market production volume increased with a CAGR of 1.6% between 2017 and 2022, to reach a total of 156,784.9 GWh in 2022.
- Norway captured a share of 5.5% of the European renewable energy market, in 2022.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Norway
- 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 Norway renewable energy market with five year forecasts by both value and volume
- What was the size of the Norway renewable energy market by value in 2022?
- What will be the size of the Norway renewable energy market in 2027?
- What factors are affecting the strength of competition in the Norway renewable energy market?
- How has the market performed over the last five years?
- Who are the top competitiors in Norway'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 are the strengths and weaknesses of leading players?
- 7.3. What are the most notable developments in the market?
- 8 Company Profiles
- 8.1. Vattenfall AB.
- 8.2. Statkraft SCA Vind AB
- 8.3. Scatec AS
- 8.4. Hafslund Eco AS
- 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: Norway renewable energy market value: $ million, 2017–22
- Table 2: Norway renewable energy market volume: GWh, 2017–22
- Table 3: Norway renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Norway renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Norway renewable energy market geography segmentation: $ million, 2022
- Table 6: Norway renewable energy market value forecast: $ million, 2022–27
- Table 7: Norway renewable energy market volume forecast: GWh, 2022–27
- Table 8: Vattenfall AB.: key facts
- Table 9: Vattenfall AB.: Key Employees
- Table 10: Vattenfall AB.: Key Employees Continued
- Table 11: Statkraft SCA Vind AB: key facts
- Table 12: Statkraft SCA Vind AB: Key Employees
- Table 13: Scatec AS: key facts
- Table 14: Scatec AS: Key Employees
- Table 15: Hafslund Eco AS: key facts
- Table 16: Hafslund Eco AS: Key Employees
- Table 17: Norway size of population (million), 2018–22
- Table 18: Norway gdp (constant 2005 prices, $ billion), 2018–22
- Table 19: Norway gdp (current prices, $ billion), 2018–22
- Table 20: Norway inflation, 2018–22
- Table 21: Norway consumer price index (absolute), 2018–22
- Table 22: Norway exchange rate, 2018–22
- List of Figures
- Figure 1: Norway renewable energy market value: $ million, 2017–22
- Figure 2: Norway renewable energy market volume: GWh, 2017–22
- Figure 3: Norway renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Norway renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Norway renewable energy market value forecast: $ million, 2022–27
- Figure 6: Norway renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in Norway, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in Norway, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in Norway, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Norway, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Norway, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in Norway, 2022
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