Global Renewable Energy Market 2023-2027

Description

List of Tables

Technavio has been monitoring the renewable energy market and is forecast to grow by 1,776.08 GW during 2022-2027, accelerating at a CAGR of 8.91% during the forecast period. Our report on the renewable energy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in global energy demand, rising government support, and an increase in investments in clean energy technologies.

Technavio's renewable energy market is segmented as below:

By End-user

Residential
Industrial
Commercial

By Type

Hydropower
Wind
Solar
Others

By Geography

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the rising popularity of clean energy technologies as one of the prime reasons driving the renewable energy market growth during the next few years. Also, the emergence of zero-energy buildings and the increasing popularity of hybrid power projects will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the renewable energy market covers the following areas:

Renewable energy market sizing
Renewable energy market forecast
Renewable energy market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading renewable energy market vendors that include ABB Ltd., Acciona SA, EnBW Energie Baden Wurttemberg AG, Enel Spa, ENERCON GmbH, General Electric Co., Innergex Renewable Energy Inc., Invenergy, Schneider Electric SE, Siemens AG, Sunrun Inc., Suzlon Energy Ltd., Tata Power Co. Ltd., Vestas Wind Systems AS, Xcel Energy Inc., Duke Energy Corp., Goldwind Australia, Nextera Energy Inc., Sinovel Wind Group Co. Ltd., and Vattenfall AB. Also, the renewable energy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71413

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (GW)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (GW)
Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global renewable energy market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global renewable energy market 2017 - 2021 (GW)
4.2 End-user Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - End-user Segment 2017 - 2021 (GW)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 (GW)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 (GW)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 (GW)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Residential - Market size and forecast 2022-2027
Exhibit 34: Chart on Residential - Market size and forecast 2022-2027 (GW)
Exhibit 35: Data Table on Residential - Market size and forecast 2022-2027 (GW)
Exhibit 36: Chart on Residential - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Residential - Year-over-year growth 2022-2027 (%)
6.4 Industrial - Market size and forecast 2022-2027
Exhibit 38: Chart on Industrial - Market size and forecast 2022-2027 (GW)
Exhibit 39: Data Table on Industrial - Market size and forecast 2022-2027 (GW)
Exhibit 40: Chart on Industrial - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
6.5 Commercial - Market size and forecast 2022-2027
Exhibit 42: Chart on Commercial - Market size and forecast 2022-2027 (GW)
Exhibit 43: Data Table on Commercial - Market size and forecast 2022-2027 (GW)
Exhibit 44: Chart on Commercial - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by End-user
Exhibit 46: Market opportunity by End-user (GW)
Exhibit 47: Data Table on Market opportunity by End-user (GW)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 48: Chart on Type - Market share 2022-2027 (%)
Exhibit 49: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Hydropower - Market size and forecast 2022-2027
Exhibit 52: Chart on Hydropower - Market size and forecast 2022-2027 (GW)
Exhibit 53: Data Table on Hydropower - Market size and forecast 2022-2027 (GW)
Exhibit 54: Chart on Hydropower - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Hydropower - Year-over-year growth 2022-2027 (%)
7.4 Wind - Market size and forecast 2022-2027
Exhibit 56: Chart on Wind - Market size and forecast 2022-2027 (GW)
Exhibit 57: Data Table on Wind - Market size and forecast 2022-2027 (GW)
Exhibit 58: Chart on Wind - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Wind - Year-over-year growth 2022-2027 (%)
7.5 Solar - Market size and forecast 2022-2027
Exhibit 60: Chart on Solar - Market size and forecast 2022-2027 (GW)
Exhibit 61: Data Table on Solar - Market size and forecast 2022-2027 (GW)
Exhibit 62: Chart on Solar - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Solar - Year-over-year growth 2022-2027 (%)
7.6 Others - Market size and forecast 2022-2027
Exhibit 64: Chart on Others - Market size and forecast 2022-2027 (GW)
Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 (GW)
Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Type
Exhibit 68: Market opportunity by Type (GW)
Exhibit 69: Data Table on Market opportunity by Type (GW)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share by geography 2022-2027 (%)
Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 (GW)
Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 (GW)
Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 (GW)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 (GW)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 83: Chart on North America - Market size and forecast 2022-2027 (GW)
Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 (GW)
Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 87: Chart on South America - Market size and forecast 2022-2027 (GW)
Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 (GW)
Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 (GW)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (GW)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 95: Chart on China - Market size and forecast 2022-2027 (GW)
Exhibit 96: Data Table on China - Market size and forecast 2022-2027 (GW)
Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 (GW)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 (GW)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 India - Market size and forecast 2022-2027
Exhibit 103: Chart on India - Market size and forecast 2022-2027 (GW)
Exhibit 104: Data Table on India - Market size and forecast 2022-2027 (GW)
Exhibit 105: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on India - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 (GW)
Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 (GW)
Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 (GW)
Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 (GW)
Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 115: Market opportunity by geography (GW)
Exhibit 116: Market opportunity by geography (GW) - Volume

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 123: ABB Ltd. - Overview
Exhibit 124: ABB Ltd. - Business segments
Exhibit 125: ABB Ltd. - Key offerings
Exhibit 126: ABB Ltd. - Segment focus
12.4 Acciona SA
Exhibit 127: Acciona SA - Overview
Exhibit 128: Acciona SA - Business segments
Exhibit 129: Acciona SA - Key news
Exhibit 130: Acciona SA - Key offerings
Exhibit 131: Acciona SA - Segment focus
12.5 EnBW Energie Baden Wurttemberg AG
Exhibit 132: EnBW Energie Baden Wurttemberg AG - Overview
Exhibit 133: EnBW Energie Baden Wurttemberg AG - Business segments
Exhibit 134: EnBW Energie Baden Wurttemberg AG - Key offerings
Exhibit 135: EnBW Energie Baden Wurttemberg AG - Segment focus
12.6 Enel Spa
Exhibit 136: Enel Spa - Overview
Exhibit 137: Enel Spa - Business segments
Exhibit 138: Enel Spa - Key offerings
Exhibit 139: Enel Spa - Segment focus
12.7 ENERCON GmbH
Exhibit 140: ENERCON GmbH - Overview
Exhibit 141: ENERCON GmbH - Product / Service
Exhibit 142: ENERCON GmbH - Key offerings
12.8 General Electric Co.
Exhibit 143: General Electric Co. - Overview
Exhibit 144: General Electric Co. - Business segments
Exhibit 145: General Electric Co. - Key news
Exhibit 146: General Electric Co. - Key offerings
Exhibit 147: General Electric Co. - Segment focus
12.9 Innergex Renewable Energy Inc.
Exhibit 148: Innergex Renewable Energy Inc. - Overview
Exhibit 149: Innergex Renewable Energy Inc. - Business segments
Exhibit 150: Innergex Renewable Energy Inc. - Key news
Exhibit 151: Innergex Renewable Energy Inc. - Key offerings
Exhibit 152: Innergex Renewable Energy Inc. - Segment focus
12.10 Invenergy
Exhibit 153: Invenergy - Overview
Exhibit 154: Invenergy - Product / Service
Exhibit 155: Invenergy - Key offerings
12.11 Schneider Electric SE
Exhibit 156: Schneider Electric SE - Overview
Exhibit 157: Schneider Electric SE - Business segments
Exhibit 158: Schneider Electric SE - Key news
Exhibit 159: Schneider Electric SE - Key offerings
Exhibit 160: Schneider Electric SE - Segment focus
12.12 Siemens AG
Exhibit 161: Siemens AG - Overview
Exhibit 162: Siemens AG - Business segments
Exhibit 163: Siemens AG - Key news
Exhibit 164: Siemens AG - Key offerings
Exhibit 165: Siemens AG - Segment focus
12.13 Sunrun Inc.
Exhibit 166: Sunrun Inc. - Overview
Exhibit 167: Sunrun Inc. - Business segments
Exhibit 168: Sunrun Inc. - Key offerings
Exhibit 169: Sunrun Inc. - Segment focus
12.14 Suzlon Energy Ltd.
Exhibit 170: Suzlon Energy Ltd. - Overview
Exhibit 171: Suzlon Energy Ltd. - Business segments
Exhibit 172: Suzlon Energy Ltd. - Key offerings
Exhibit 173: Suzlon Energy Ltd. - Segment focus
12.15 Tata Power Co. Ltd.
Exhibit 174: Tata Power Co. Ltd. - Overview
Exhibit 175: Tata Power Co. Ltd. - Business segments
Exhibit 176: Tata Power Co. Ltd. - Key news
Exhibit 177: Tata Power Co. Ltd. - Key offerings
Exhibit 178: Tata Power Co. Ltd. - Segment focus
12.16 Vestas Wind Systems AS
Exhibit 179: Vestas Wind Systems AS - Overview
Exhibit 180: Vestas Wind Systems AS - Business segments
Exhibit 181: Vestas Wind Systems AS - Key news
Exhibit 182: Vestas Wind Systems AS - Key offerings
Exhibit 183: Vestas Wind Systems AS - Segment focus
12.17 Xcel Energy Inc.
Exhibit 184: Xcel Energy Inc. - Overview
Exhibit 185: Xcel Energy Inc. - Business segments
Exhibit 186: Xcel Energy Inc. - Key offerings
Exhibit 187: Xcel Energy Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 188: Inclusions checklist
Exhibit 189: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 190: Currency conversion rates for US$
13.4 Research methodology
Exhibit 191: Research methodology
Exhibit 192: Validation techniques employed for market sizing
Exhibit 193: Information sources
13.5 List of abbreviations
Exhibit 194: List of abbreviations