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PUBLISHER: Grand View Research | PRODUCT CODE: 1789852
PUBLISHER: Grand View Research | PRODUCT CODE: 1789852
Energy Transition Market Size, Share & Trends Analysis Report By Type, By Sector, By Region, And Segment Forecasts, 2025 - 2033
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PAGES: 120 Pages
DELIVERY TIME: 2-10 business days
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Energy Transition Market Summary
The global energy transition market size was estimated at USD 2.60 trillion in 2024 and is anticipated to reach USD 5.91 trillion by 2033, growing at a CAGR of 9.7% from 2025 to 2033. Increased funding for renewable energy projects, electrification of end-use sectors, and supportive regulatory frameworks significantly contribute to market expansion.
Energy transition encompasses the global movement from conventional fossil fuel-based energy systems toward cleaner, renewable, and low-emission energy solutions. Growing environmental concerns, climate action policies, and the need for long-term energy security fuel this shift. Moreover, ongoing technological advancements, cost reductions in clean energy technologies, and rising corporate and national commitments to decarbonization are expected to sustain strong market momentum throughout the forecast period.
The energy transition spans a wide range of applications aimed at reducing dependence on fossil fuels and promoting sustainable power systems. While traditional energy infrastructure remains dominant in many regions, the transition enables rapid deployment of clean technologies such as solar, wind, green hydrogen, and energy storage across transportation, industry, and utilities. Its relevance is particularly strong in areas targeting net-zero emissions, electrified mobility, and decentralized energy generation. Major economies such as the United States, China, Germany, and India are investing heavily in renewable capacity and low-carbon infrastructure. These efforts, combined with policy mandates, green financing mechanisms, and corporate sustainability goals, are pivotal in driving the global energy transition forward.
Global Energy Transition Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global energy transition market report based on type, sector, and region.
- Type Outlook (Revenue, USD Trillion, 2021 - 2033)
- Renewable Energy
- Electrification
- Energy Efficiency
- Others
- Sector Outlook (Revenue, USD Trillion, 2021 - 2033)
- Power & Utility
- Transportation
- Others
- Regional Outlook (Revenue, USD Trillion, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Brazil
- Middle East & Africa
- Saudi Arabia
- UAE
Product Code: GVR-4-68040-664-6
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliance
- 3.4.2. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Energy Transition Market: Material Estimates & Trend Analysis
- 4.1. Energy Transition Market: Material Movement Analysis, 2024 & 2033
- 4.2. Renewable Energy
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 4.3. Electrification
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 4.4. Energy Efficiency
- 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 4.5. Others
- 4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
Chapter 5. Energy Transition Market: Sector Estimates & Trend Analysis
- 5.1. Energy Transition Market: Sector Movement Analysis, 2024 & 2033
- 5.2. Power & Utility
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 5.3. Transportation
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 5.4. Others
- 5.4.1.Market estimates and forecasts, 2021 - 2033 (USD Trillion)
Chapter 6. Energy Transition Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2024 & 2033
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.2.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.2.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.2.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.2.4.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.2.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.2.5.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.2.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.2.6.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.3.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.3.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.3.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.3.4.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.3.5. UK
- 6.3.5.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.3.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.3.5.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.3.6. France
- 6.3.6.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.3.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.3.6.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.4.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.4.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.4.4.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.4.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.4.5.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.4.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.4.6.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.4.7. South Korea
- 6.4.7.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.4.7.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.4.7.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.4.8. Australia
- 6.4.8.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.4.8.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.4.8.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.5.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.5.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.5.4.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.6.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.6.4. Saudi Arabia
- 6.6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.6.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.6.4.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
- 6.6.5. UAE
- 6.6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Trillion)
- 6.6.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Trillion)
- 6.6.5.3. Market estimates and forecasts, by sector, 2021 - 2033 (USD Trillion)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments By Key Market Participants
- 7.2. Company Categorization
- 7.3. List of Key Component Suppliers & Channel Partners
- 7.4. Company Market Share & Positioning Analysis, 2024
- 7.5. Heat Map Analysis
- 7.6. Vendor Landscape
- 7.6.1. List of Raw Material Suppliers
- 7.6.2. List of Distributors/Traders
- 7.6.3. List of Other Prominent Manufacturers
- 7.7. List of Prospective End Users
- 7.8. Strategy Mapping
- 7.9. Company Profiles/Listing
- 7.9.1. NextEra Energy, Inc.
- 7.9.1.1. Company Overview
- 7.9.1.2. Financial Performance
- 7.9.1.3. Product Benchmarking
- 7.9.2. Iberdrola, S.A.
- 7.9.2.1. Company Overview
- 7.9.2.2. Financial Performance
- 7.9.2.3. Product Benchmarking
- 7.9.3. Orsted A/S
- 7.9.3.1. Company Overview
- 7.9.3.2. Financial Performance
- 7.9.3.3. Product Benchmarking
- 7.9.4. ABB Ltd.
- 7.9.4.1. Company Overview
- 7.9.4.2. Financial Performance
- 7.9.4.3. Product Benchmarking
- 7.9.5. GE Vernova
- 7.9.5.1. Company Overview
- 7.9.5.2. Financial Performance
- 7.9.5.3. Product Benchmarking
- 7.9.6. Siemens AG
- 7.9.6.1. Company Overview
- 7.9.6.2. Financial Performance
- 7.9.6.3. Product Benchmarking
- 7.9.7. Enel S.p.A.
- 7.9.7.1. Company Overview
- 7.9.7.2. Financial Performance
- 7.9.7.3. Product Benchmarking
- 7.9.8. EDF Group
- 7.9.8.1. Company Overview
- 7.9.8.2. Financial Performance
- 7.9.8.3. Product Benchmarking
- 7.9.9. RWE AG
- 7.9.9.1. Company Overview
- 7.9.9.2. Financial Performance
- 7.9.9.3. Product Benchmarking
- 7.9.10. First Solar, Inc.
- 7.9.10.1. Company Overview
- 7.9.10.2. Financial Performance
- 7.9.10.3. Product Benchmarking
- 7.9.1. NextEra Energy, Inc.
Product Code: GVR-4-68040-664-6
List of Tables
- Table 1 Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 2 Renewable energy market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 3 Electrification market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 4 Energy efficiency market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 5 Others market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 6 Energy Transition market estimates & forecasts, in Power & Utility, 2021 - 2033 (USD Trillion)
- Table 7 Energy Transition market estimates & forecasts, in Transportation, 2021 - 2033 (USD Trillion)
- Table 8 Energy Transition market estimates & forecasts, in Others, 2021 - 2033 (USD Trillion)
- Table 9 North America Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 10 North America Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 11 North America Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 12 U.S. Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 13 U.S. Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 14 U.S. Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 15 Canada Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 16 Canada Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 17 Canada Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 18 Mexico Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 19 Mexico Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 20 Mexico Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 21 Europe Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 22 Europe Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 23 Europe Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 24 Germany Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 25 Germany Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 26 Germany Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 27 France Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 28 France Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 29 France Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 30 UK Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 31 UK Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 32 UK Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 33 Asia Pacific Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 34 Asia Pacific Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 35 Asia Pacific Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 36 China Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 37 China Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 38 China Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 39 Japan Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 40 Japan Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 41 Japan Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 42 South Korea Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 43 South Korea Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 44 South Korea Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 45 India Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 46 India Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 47 India Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 48 Australia Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 49 Australia Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 50 Australia Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 51 Latin America Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 52 Latin America Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 53 Latin America Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 54 Brazil Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 55 Brazil Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 56 Brazil Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 57 Middle East & Africa Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 58 Middle East & Africa Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 59 Middle East & Africa Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 60 Saudi Arabia Energy Transition market estimates & forecasts, 2021 - 2033 (USD Trillion)
- Table 61 Saudi Arabia Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 62 Saudi Arabia Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
- Table 63 UAE Energy Transition market estimates & forecast, 2021 - 2033 (USD Trillion)
- Table 64 UAE Energy Transition market estimates & forecasts by type, 2021 - 2033 (USD Trillion)
- Table 65 UAE Energy Transition market estimates & forecasts by sector, 2021 - 2033 (USD Trillion)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segmental outlook - Material & Sector
- Fig. 8 Competitive Outlook
- Fig. 9 Energy Transition market outlook, 2021 - 2033 (USD Trillion)
- Fig. 10 Value chain analysis
- Fig. 11 Market dynamics
- Fig. 12 Porter's Analysis
- Fig. 13 PESTEL Analysis
- Fig. 14 Energy Transition market, by type: Key takeaways
- Fig. 15 Energy Transition market, by type: Market share, 2024 & 2033
- Fig. 16 Energy Transition market, by sector: Key takeaways
- Fig. 17 Energy Transition market, by sector: Market share, 2024 & 2033
- Fig. 18 Energy Transition market: Regional analysis, 2024 & 2033
- Fig. 19 Energy Transition market, by region: Key takeaways
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