Spain Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Spain 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 Spanish renewable energy market had total revenues of $6.1 billion in 2022, representing a compound annual growth rate (CAGR) of 4.6% between 2017 and 2022.
- Market production volume increased with a CAGR of 7.3% between 2017 and 2022, to reach a total of 113,234.2 GWh in 2022.
- The Spanish renewable energy market has grown in correlation with an increase in renewable capacity. According to European Commission, in 2022, Spain's use of renewable energy reached a total of 67.9 GW, witnessing a growth of 5.9 GW over 2021.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in Spain
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Spain
- 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 Spain renewable energy market with five year forecasts by both value and volume
- What was the size of the Spain renewable energy market by value in 2022?
- What will be the size of the Spain renewable energy market in 2027?
- What factors are affecting the strength of competition in the Spain renewable energy market?
- How has the market performed over the last five years?
- Who are the top competitiors in Spain'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. Acciona SA
- 8.3. Naturgy Energy Group 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: Spain renewable energy market value: $ million, 2017–22
- Table 2: Spain renewable energy market volume: GWh, 2017–22
- Table 3: Spain renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Spain renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Spain renewable energy market geography segmentation: $ million, 2022
- Table 6: Spain renewable energy market value forecast: $ million, 2022–27
- Table 7: Spain 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: Acciona SA: key facts
- Table 12: Acciona SA: Annual Financial Ratios
- Table 13: Acciona SA: Key Employees
- Table 14: Naturgy Energy Group SA: key facts
- Table 15: Naturgy Energy Group SA: Annual Financial Ratios
- Table 16: Naturgy Energy Group SA: Key Employees
- Table 17: Spain size of population (million), 2018–22
- Table 18: Spain gdp (constant 2005 prices, $ billion), 2018–22
- Table 19: Spain gdp (current prices, $ billion), 2018–22
- Table 20: Spain inflation, 2018–22
- Table 21: Spain consumer price index (absolute), 2018–22
- Table 22: Spain exchange rate, 2018–22
- List of Figures
- Figure 1: Spain renewable energy market value: $ million, 2017–22
- Figure 2: Spain renewable energy market volume: GWh, 2017–22
- Figure 3: Spain renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Spain renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Spain renewable energy market value forecast: $ million, 2022–27
- Figure 6: Spain renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in Spain, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in Spain, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in Spain, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Spain, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Spain, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in Spain, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook