1 Executive Summary
2 Market Introduction
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 Market Structure 17
3 Research Methodology
3.1 Research Process 19
3.2 Primary Research 20
3.3 Secondary Research 21
3.4 Market Size Estimation 22
3.5 Forecast Model 22
3.6 List Of Assumptions 23
4 Market Dynamics
4.1 Overview 25
4.2 Drivers 25
4.2.1 Rising Energy Demand Coupled With Increasing Share Of Renewable Energy In The Power Generation Mix 25
4.2.2 Favorable Government Initiatives 26
4.3 Opportunities 26
4.3.1 Scope Of Renewable Energy As A Power Source In Remote Areas 26
4.4 Restraints 27
4.4.1 High Cost Of Investment For Infrastructure Set Up 27
5 Global Renewable Energy Market, By Type
5.1 Overview 29
5.2 Hydropower 29
5.3 Wind Energy 29
5.4 Solar Energy 29
5.5 Bioenergy 30
5.6 Geothermal Energy 30
5.7 Ocean Energy 30
6 Global Renewable Energy Market, By End-Use
6.1 Overview 33
6.2 Industrial 33
6.2.1 Power 33
6.2.2 Iron & Steel 33
6.2.3 Chemicals And Petrochemicals 34
6.2.4 Oil & Gas 34
6.2.5 Food & Beverage 34
6.2.6 Automotive 34
6.2.7 Others 35
6.3 Residential 35
6.4 Commercial 36
7 Global Renewable Energy Market, By Region
7.1 Overview 38
7.1.1 North America 39
7.1.1.1 US 41
7.1.1.2 Canada 42
7.1.1.3 Mexico 43
7.2 Asia-Pacific 44
7.2.1.1 China 46
7.2.1.2 Japan 47
7.2.1.3 India 48
7.2.1.4 Australia 50
7.2.1.5 Rest Of Asia-Pacific 51
7.2.2 Europe 53
7.2.2.1 UK 55
7.2.2.2 France 56
7.2.2.3 Italy 57
7.2.2.4 Germany 58
7.2.2.5 Rest Of Europe 59
7.2.3 South America 61
7.2.3.1 Argentina 63
7.2.3.2 Chile 64
7.2.3.3 Brazil 65
7.2.3.4 Rest Of South America 66
7.2.4 Middle East & Africa 68
7.2.4.1 UAE 70
7.2.4.2 Saudi Arabia 71
7.2.4.3 South Africa 72
7.2.4.4 Rest Of Middle East And Africa 73
8 Competitive Landscape
8.1 Competitive Scenario 75
8.2 Siemens AG And Canadian Solar Inc: The Leading Players In Terms Of Number Of Developments In The Market 76
8.3 Contracts & Agreements 77
8.4 Partnership & Collaboration 78
9 Company Profiles
9.1 Ocean Power Technologies, Inc 80
9.1.1 Company Overview 80
9.1.2 Financial Overview 80
9.1.3 Products/Services Offered 81
9.1.4 Key Developments 81
9.1.5 SWOT Analysis 82
9.1.6 Key Strategies 82
9.2 รrsted A/S 83
9.2.1 Company Overview 83
9.2.2 Financial Overview 83
9.2.3 Products/Services Offered 84
9.2.4 Key Developments 84
9.2.5 SWOT Analysis 85
9.2.6 Key Strategies 85
9.3 General Electric 86
9.3.1 Company Overview 86
9.3.2 Financial Overview 86
9.3.3 Products And Solutions Offered 87
9.3.4 Key Developments 88
9.3.5 SWOT Analysis 89
9.3.6 Key Strategies 89
9.4 NextEra Energy, Inc 90
9.4.1 Company Overview 90
9.4.2 Financial Overview 90
9.4.3 Products And Services Offered 91
9.4.4 Key Developments 91
9.4.5 SWOT Analysis 92
9.4.6 Key Strategies 92
9.5 Enel Spa 93
9.5.1 Company Overview 93
9.5.2 Financial Overview 93
9.5.3 Product/Service Offered 94
9.5.4 Key Developments 95
9.5.5 SWOT Analysis 96
9.5.6 Key Strategies 96
9.6 On Power 97
9.6.1 Company Overview 97
9.6.2 Financial Overview 97
9.6.3 Products And Solutions Offered 97
9.6.4 Key Developments 97
9.6.5 SWOT Analysis 98
9.6.6 Key Strategies 98
9.7 Yingli Solar 99
9.7.1 Company Overview 99
9.7.2 Financial Overview 99
9.7.3 Product/Service Offered 101
9.7.4 Key Developments 101
9.7.5 SWOT Analysis 102
9.7.6 Key Strategies 102
9.8 Tocardo BV 103
9.8.1 Company Overview 103
9.8.2 Financial Overview 103
9.8.3 Key Developments 103
9.8.4 SWOT Analysis 104
9.8.5 Key Strategies 104
9.9 SynTech Bioenergy LLC 105
9.9.1 Company Overview 105
9.9.2 Financial Overview 105
9.9.3 Key Developments 106
9.9.4 SWOT Analysis 106
9.9.5 Key Strategies 106
9.10 Vestas Wind Systems A/S 107
9.10.1 Company Overview 107
9.10.2 Financial Overview 107
9.10.3 Products/Services Offered 109
9.10.4 Key Developments 110
9.10.5 SWOT Analysis 110
9.10.6 Key Strategies 110
9.11 Siemens AG 111
9.11.1 Company Overview 111
9.11.2 Financial Overview 111
9.11.3 Products/Services Offered 112
9.11.4 Key Developments 113
9.11.5 SWOT Analysis 114
9.11.6 Key Strategies 115
9.12 Canadian Solar Inc. 116
9.12.1 Company Overview 116
9.12.2 Financial Overview 116
9.12.3 Products/Services Offered 117
9.12.4 Key Developments 119
9.12.5 SWOT Analysis 120
9.12.6 Key Strategies 120
10 List Of Tables
TABLE 1 MARKET SYNOPSIS 14
TABLE 2 LIST OF ASSUMPTIONS 23
TABLE 3 GLOBAL RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 31
TABLE 4 GLOBAL RENEWABLE ENERGY MARKET, BY INDUSTRIAL, 2024โ2030 (USD BILLION) 35
TABLE 5 GLOBAL RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 36
TABLE 6 GLOBAL RENEWABLE ENERGY MARKET, BY REGION, 2024โ2030 (USD BILLION) 38
TABLE 7 NORTH AMERICA RENEWABLE ENERGY MARKET, BY COUNTRY, 2024โ2030 (USD BILLION) 39
TABLE 8 NORTH AMERICA RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 40
TABLE 9 NORTH AMERICA RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 40
TABLE 10 US: RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 41
TABLE 11 US: RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 41
TABLE 12 CANADA: RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 42
TABLE 13 CANADA: RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 42
TABLE 14 MEXICO: RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 43
TABLE 15 MEXICO: RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 43
TABLE 16 ASIA-PACIFIC RENEWABLE ENERGY MARKET, BY COUNTRY, 2024โ2030 (USD BILLION) 44
TABLE 17 ASIA-PACIFIC RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 45
TABLE 18 ASIA-PACIFIC RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 45
TABLE 19 CHINA RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 46
TABLE 20 CHINA RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 47
TABLE 21 JAPAN RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 47
TABLE 22 JAPAN RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 48
TABLE 23 INDIA RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 49
TABLE 24 INDIA RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 49
TABLE 25 AUSTRALIA RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 50
TABLE 26 AUSTRALIA RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 50
TABLE 27 REST OF ASIA-PACIFIC RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 51
TABLE 28 REST OF ASIA-PACIFIC RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 52
TABLE 29 EUROPE RENEWABLE ENERGY MARKET, BY COUNTRY, 2024โ2030 (USD BILLION) 53
TABLE 30 EUROPE RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 54
TABLE 31 EUROPE RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 54
TABLE 32 UK RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 55
TABLE 33 UK RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 55
TABLE 34 FRANCE RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 56
TABLE 35 FRANCE RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 56
TABLE 36 ITALY RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 57
TABLE 37 ITALY RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 57
TABLE 38 GERMANY RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 58
TABLE 39 GERMANY RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 59
TABLE 40 REST OF EUROPE RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 59
TABLE 41 REST OF EUROPE RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 60
TABLE 42 SOUTH AMERICA RENEWABLE ENERGY MARKET, BY COUNTRY, 2024โ2030 (USD BILLION) 61
TABLE 43 SOUTH AMERICA RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 62
TABLE 44 SOUTH AMERICA RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 62
TABLE 45 ARGENTINA RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 63
TABLE 46 ARGENTINA RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 63
TABLE 47 CHILE RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 64
TABLE 48 CHILE RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 64
TABLE 49 BRAZIL RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 65
TABLE 50 BRAZIL RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 66
TABLE 51 REST OF SOUTH AMERICA RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 67
TABLE 52 REST OF SOUTH AMERICA RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 67
TABLE 53 MIDDLE EAST & AFRICA RENEWABLE ENERGY MARKET, BY COUNTRY, 2024โ2030 (USD BILLION) 68
TABLE 54 MIDDLE EAST & AFRICA RENEWABLE ENERGY MARKET, BY TYPE2024โ2030 (USD BILLION) 69
TABLE 55 MIDDLE EAST & AFRICA RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 69
TABLE 56 UAE: RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 70
TABLE 57 UAE: RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 70
TABLE 58 SAUDI ARABIA: RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 71
TABLE 59 SAUDI ARABIA: RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 71
TABLE 60 SOUTH AFRICA: RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 72
TABLE 61 SOUTH AFRICA: RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 72
TABLE 62 REST OF MIDDLE EAST AND AFRICA: RENEWABLE ENERGY MARKET, BY TYPE, 2024โ2030 (USD BILLION) 73
TABLE 63 REST OF MIDDLE EAST AND AFRICA: RENEWABLE ENERGY MARKET, BY END-USE, 2024โ2030 (USD BILLION) 73
TABLE 64 SIEMENS AG AND CANADIAN SOLAR INC: THE MOST ACTIVE PLAYERS IN THE GLOBAL RENEWABLE ENERGY MARKET 76
11 List Of Figures
FIGURE 1 RENEWABLE ENERGY MARKET: MARKET STRUCTURE 17
FIGURE 2 RESEARCH PROCESS OF MRFR 19
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACHES 22
FIGURE 4 GLOBAL RENEWABLE ENERGY INVESTMENT, 2022 (USD BILLION) 25
FIGURE 5 GLOBAL RENEWABLE ENERGY MARKET, BY TYPE, 2022 (% SHARE) 30
FIGURE 6 GLOBAL RENEWABLE ENERGY MARKET, BY INDUSTRIAL END-USER, 2022 (% SHARE) 35
FIGURE 7 GLOBAL RENEWABLE ENERGY MARKET, BY END-USE, 2022 (% SHARE) 36
FIGURE 8 GLOBAL RENEWABLE ENERGY MARKET, BY REGION, 2022 (% SHARE) 38
FIGURE 9 NORTH AMERICA RENEWABLE ENERGY MARKET, BY COUNTRY, 2022 (% SHARE) 39
FIGURE 10 ASIA-PACIFIC RENEWABLE ENERGY MARKET, BY COUNTRY, 2022 (% SHARE) 44
FIGURE 11 EUROPE RENEWABLE ENERGY MARKET, BY COUNTRY, 2022 (% SHARE) 53
FIGURE 12 SOUTH AMERICA RENEWABLE ENERGY MARKET, BY COUNTRY, 2022 (% SHARE) 61
FIGURE 13 MIDDLE EAST & AFRICA RENEWABLE ENERGY MARKET, BY COUNTRY, 2022 (% SHARE) 68
FIGURE 14 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS GLOBAL RENEWABLE ENERGY MARKET, 2024โ2030, (%) 75
FIGURE 15 CONTRACTS & AGREEMENTS: % SHARE BY KEY PLAYERS, 2024โ2030, (%) 77
FIGURE 16 PARTNERSHIP & COLLABORATION: % SHARE BY KEY PLAYERS, 2024โ2030, (%) 78
FIGURE 17 OCEAN POWER TECHNOLOGIES, INC.: TOTAL REVENUE (2024โ2030) 80
FIGURE 18 OCEAN POWER TECHNOLOGIES, INC: REGIONAL REVENUE (2022) 81
FIGURE 19 OCEAN POWER TECHNOLOGIES, INC.: SWOT ANALYSIS 82
FIGURE 20 รRSTED A/S: TOTAL REVENUE (2024โ2030) 83
FIGURE 21 รRSTED A/S: REGIONAL REVENUE (2022) 84
FIGURE 22 รRSTED A/S: SWOT ANALYSIS 85
FIGURE 23 GENERAL ELECTRIC: TOTAL REVENUE VS SEGMENTAL REVENUE (2024โ2030) 86
FIGURE 24 GENERAL ELECTRIC: REGIONAL REVENUE (2022) 86
FIGURE 25 GENERAL ELECTRIC: SWOT ANALYSIS 89
FIGURE 26 NEXTERA ENERGY INC: TOTAL REVENUE VS SEGMENTAL REVENUE (2024โ2030) 90
FIGURE 27 NEXTERA ENERGY INC: SWOT ANALYSIS 92
FIGURE 28 ENEL SPA: TOTAL REVENUE VS SEGMENTAL REVENUE (2024โ2030) 93
FIGURE 29 ENEL SPA: REGIONAL REVENUE (2022) 94
FIGURE 30 ENEL SPA: SWOT ANALYSIS 96
FIGURE 31 ON POWER: SWOT ANALYSIS 98
FIGURE 32 YINGLI SOLAR: TOTAL REVENUE VS SEGMENTAL REVENUE (2024โ2030) 99
FIGURE 33 YINGLI SOLAR: REGIONAL REVENUE (2022) 100
FIGURE 34 YINGLI SOLAR: SWOT ANALYSIS 102
FIGURE 35 GENERAL ELECTRIC: SWOT ANALYSIS 104
FIGURE 36 NEXTERA ENERGY INC: SWOT ANALYSIS 106
FIGURE 37 VESTAS WIND SYSTEMS A/S: TOTAL REVENUE (2024โ2030) 107
FIGURE 38 VESTAS WIND SYSTEMS A/S: REGIONAL REVENUE (2022) 108
FIGURE 39 VESTAS WIND SYSTEMS A/S: SWOT ANALYSIS 110
FIGURE 40 SIEMENS AG: TOTAL REVENUE VS SEGMENTAL REVENUE (2024โ2030) 111
FIGURE 41 SIEMENS AG: REGIONAL REVENUE (2022) 112
FIGURE 42 SIEMENS AG: SWOT ANALYSIS 114
FIGURE 43 CANADIAN SOLAR INC.: TOTAL REVENUE (2024โ2030) 116
FIGURE 44 CANADIAN SOLAR INC: REGIONAL REVENUE (2022) 116
FIGURE 45 CANADIAN SOLAR INC.: SWOT ANALYSIS 120