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Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Green energy is renewable energy that is commercially viable and is used to generate energy around the globe. Green energy extract energy from natural sources such as tides, solar photovoltaic, sun, and wind. Green energy is widely used across residential, commercial, and industrial sectors. Green energy is an ideal alternative to fossil fuels.

The global green energy market was valued at US$ 831.99 billion in terms of revenue in 2019 and is predicted to grow at a CAGR of 8.3% during the forecast period (2020 to 2027).

Drivers:

Growing environmental issues due to fluctuating weather conditions are predominantly fueling the market growth of green energy. Changing climatic conditions is one of the major concern and this has increased the need for reducing carbon emissions. This has created a huge demand for an alternative source of energy. Emerging economies coupled with the rapid industrialization and urbanization around the globe has also increase the carbon emission level and harsh weather conditions which is again driving the demand for green energy. Moreover, the increasing reliability of consumer on green energy sources is expected to augment the market growth. Increasing investments in the research and development activities by the key manufacturer for making energy sources for reliable and economically feasible is expected to bolster the market growth of the green energy. Also, the declining price of PV modules and onshore wind turbines is further anticipated to boost the adoption of the green energy sources which is again fueling the market growth. 

Asia Pacific region dominated the global green energy market in 2019, accounting for 30.20% revenue share, followed by Western Europe and Latin America, respectively

Figure 1. Global Green Energy Market, Revenue Share (%), By Region, 2019

Green Energy  | Coherent Market Insights

Market Restraints

Lack of awareness regarding the renewable source of energy across developing countries is acting as a major challenge for market growth. For this manufacturer need to focus on the advertising in order to position their product in the market. The intermittent nature of green energy sources such as wind and solar energy is expected to restrict the adoption rate. Due to their intermittency nature, solar and wind power projects can be used as per their full capacity. This factor is expected to hinder the market growth of the green energy sources over the forecast period.

Market Opportunities

Increasing biodiesel initiatives and the advent of new feedstock is expected to bring new market opportunities over the forecast period. Growing focus on clean energy sources coupled with the growing need for reducing carbon emission caused due to burning petrol-based products is also expected to augment the market growth. Thus, increasing use of biodiesel for reducing fuel costs as these are cleans and efficient sources of energy are expected to propel the market growth of green energy. Additionally, expansion of green energy projects around the globe is projected to serve key opportunities in the market. The increasing number of biodiesel and bioethanol producers across developing regions is again expected to foster the market growth of green energy. Moreover, the growing development of solar PV systems around the globe coupled with the emergence of the geothermal energy system is further expected to accelerate the market growth of green energy over the forecast period. 

Figure 2. Global Green Energy Market – Opportunity Analysis

Green Energy  | Coherent Market Insights

On the basis of energy type, hydroelectric power the global green energy market in 2019 with around 54.7% of market share in terms of revenue, followed by solar photovoltaic and biofuels, respectively.

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Green Energy Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 831.99 Bn
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 8.3% 2027 Value Projection: US$ 1,574.25 Bn
Geographies covered:
  • Regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Segments covered:
  • By Energy Type: Solar Photovoltaic, Wind Energy, Hydroelectric Power, Biofuels, and Geothermal Energy
  • By Solar PV Inverter: Micro Inverters, String Inverters, and Central Inverters
  • By End Users: Residential, Commercial, and Industrial
Companies covered:

ABB Ltd., Alterra Power Corporation, Kyocera Solar, Inc., Nordex SE, Hanwha Q Cells GmbH, Sharp Corporation, Calpine Corporation, Suzlon Energy Ltd., U.S. Geothermal Inc., Yingli Green Energy Holding Co. Ltd., Enercon GmbH, and GE Energy

Growth Drivers:
  • Growing environmental issues due to fluctuating weather conditions
  • Increasing reliability of consumer on green energy sources 
Restraints & Challenges:
  • Lack of awareness regarding the renewable source of energy across developing countries 

Figure 3. Global Green Energy Market, Revenue Share (%), By Energy Type, in 2019

Green Energy  | Coherent Market Insights

Market Trends

The increasing launch of the solar power generation system by the key manufacturer is one of the key trends in the market. For instance, in April 2019, Okaya Power Group announced that it has launched a solar power generation system in order to cater to the increasing demand from customers for such products. The system consists of combinations of PV panels, solar inverters, and charge controllers and solar batteries, all available in different ratings to suit different installations and applications. In addition, growing strategic partnerships and agreements among key players for business expansion on regional as well as the global level is one of the current trends in the market. For instance, in November 2019, LONGi, the solar technology company, and Adani Green Energy, India’s photovoltaic power station developer, has entered into a strategic partnership agreement where LONGi will supply Adani Green Energy with its new generation Hi MO4 modules in India.

Value Chain Analysis

Green Energy  | Coherent Market Insights

Global Green Energy Market - Impact of Coronavirus (Covid-19) Pandemic

Industries that are responsible for supplying key raw materials have severe economic repercussions owing to Coronavirus (Covid-19) Pandemic. Also, the demand for green energy faced hindrance amidst the ongoing pandemic outbreak as the green energy are widely used in the automobile sector, paint and coating sector and other industries. Hence, all this is widely hindered due to the ongoing pandemic. In addition to this, lockdown measures as well as social?distancing guidelines have been triggering delays in project construction and supply chain disruption. Furthermore, restrictions on travel, business activities, and border closures have sharply reduced energy demand in transport and industry. With site access, almost all lockdown measures and guidelines require companies to follow precautionary safety measures. Stricter hygiene protocols certainly may increase the risk of delays and limit the number of workers allowed on site. This is expected to hamper the growth of green energy market for short period.

Competitive Section:

  1. ABB Ltd.
  2. Alterra Power Corporation
  3. Kyocera Solar, Inc.
  4. Nordex SE
  5. Hanwha Q Cells GmbH
  6. Sharp Corporation
  7. Calpine Corporation
  8. Suzlon Energy Ltd.
  9. U.S. Geothermal Inc.
  10. Yingli Green Energy Holding Co. Ltd.
  11. Enercon GmbH
  12. GE Energy

Few Recent Developments

In August 2020, ABB has signed a contract for the installation of a substation and transformers, plus automation and control systems at a 100MW solar photovoltaic plant in Bangladesh.

Green energy is commercially viable renewable energy. Green energy is a supreme substitute to fossil fuels. It is useful for generating energy across the globe. Green energy extracts energy from natural sources. This includes solar photovoltaic, tides, wind, and sun. Green energy is extensively used across commercial, residential, and industrial sectors.

Market Dynamics

Changing climatic conditions is one of the major concerns nowadays that has surged the need to opt for the green energy. For instance, according to a report published by Intergovernmental Panel on Climate Change (IPCC), the amount of carbon dioxide in the atmosphere has increased by about 35% in the industrial era owing to human activities. This factor is anticipated to boost the global green energy market during forecast period.

Lack of awareness in terms of renewable source of energy in developing countries is expected to harm the target market growth. To avoid this, manufacturers need to focus on marketing and advertising their products in the market. In addition, the intermittent nature of green energy sources such as solar energy and wind. Due to their intermittency nature, wind power as well as solar projects can be used as per their full capacity. This factor is expected to restrain the target market growth over the forecast period.

Asia Pacific region accounted for significant market share in the global green energy market owing to rise in biodiesel initiatives and the advent of new feedstock in the region. Furthermore, expansion of green energy projects in countries like China and India is has been one of the major drivers for the Asian green energy market development.

Key features of the study:

  • This report provides in-depth analysis of green energy market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global green energy market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include ABB Ltd., Alterra Power Corporation, Kyocera Solar, Inc., Nordex SE, Hanwha Q Cells GmbH, Sharp Corporation, Calpine Corporation, Suzlon Energy Ltd., U.S. Geothermal Inc., Yingli Green Energy Holding Co. Ltd., Enercon GmbH, and GE Energy.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
  • The global green energy market report caters to various stakeholders in this industry including investors, suppliers, green energy manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global green energy market

Detailed Segmentation:

  • Global Green Energy Market, By Energy Type:
    • Solar Photovoltaic
    • Wind Energy
    • Hydroelectric Power
    • Biofuels
    • Geothermal Energy
  • Global Green Energy Market, By Solar PV Inverters:
    • Micro Inverters
    • String Inverters
    • Central Inverters
  • Global Green Energy Market, By End Users:
    • Residential
    • Commercial
    • Industrial
  • Global Green Energy Market, By Region:
    • North America
      • U.S.
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Canada
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
    • Europe
      • U.K.
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • France
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Germany
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Rest of Europe
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
    • Asia Pacific
      • China
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • India
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • ASEAN
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Australia
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Rest of Asia Pacific
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
    • Latin America
      • Brazil
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Argentina
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Mexico
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Rest of Latin America
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
    • Middle East & Africa
      • Middle East
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
      • Africa
        • By Energy Type
          • Solar Photovoltaic
          • Wind Energy
          • Hydroelectric Power
          • Biofuels
          • Geothermal Energy
        • By Solar PV Inverters
          • Micro Inverters
          • String Inverters
          • Central Inverters
        • By End Users
          • Residential
          • Commercial
          • Industrial
  •  Company Profiles
    • ABB Ltd.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Alterra Power Corporation
    • Kyocera Solar, Inc.
    • Nordex SE
    • Hanwha Q Cells GmbH
    • Sharp Corporation
    • Calpine Corporation
    • Suzlon Energy Ltd.
    • S. Geothermal Inc.
    • Yingli Green Energy Holding Co. Ltd.
    • Enercon GmbH
    • GE Energy.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Energy Type
      • Market Snippet, By Solar PV Inverters
      • Market Snippet, By End Users
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
  4. Global Green Energy Market - Impact of Coronavirus (Covid-19) Pandemic
    • Overview
    • Factors Affecting Global Green Energy Market – COVID-19
    • Impact Analysis
  5. Global Green Energy Market, By Energy Type, 2017- 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Solar Photovoltaic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
    • Wind Energy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
    • Hydroelectric Power
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
    • Biofuels
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
    • Geothermal Energy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
  6. Global Green Energy Market, By Solar PV Inverters, 2017- 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Micro Inverters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
    • String Inverters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
    • Central Inverters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
  7. Global Green Energy Market, By End Users, 2017- 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Residential
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
    • Commercial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
    • Industrial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Bn)
  8. Global Green Energy Market, By Region, 2017- 2027 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2020 - 2027
    • North America
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
    • Latin America
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
    • Europe
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • France
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • India
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
    • Middle East & Africa
      • Market Share Analysis, By Sub-Region, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-Region, 2020 - 2027
        • Middle East
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
        • Africa
          • Country Trends
          • Market Size and Forecast, By Energy Type, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By Solar PV Inverters, 2017- 2027 (US$ Bn)
          • Market Size and Forecast, By End Users, 2017- 2027 (US$ Bn)
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • ABB Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Alterra Power Corporation
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Kyocera Solar, Inc.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Nordex SE
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Hanwha Q Cells GmbH
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Sharp Corporation.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Calpine Corporation
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Suzlon Energy Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • U.S. Geothermal Inc.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Yingli Green Energy Holding Co. Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Enercon GmbH
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • GE Energy
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
  10. Section
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* Browse 25 market data tables* and 15 figures* on "Green Energy Market” - Global forecast to 2027.

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Frequently Asked Questions

The market for global green energy is forecast to surpass US$ 1,574.25 billion by 2027 witnessing a CAGR of 8.3% between 2020 and 2027.
Growing environmental issues due to fluctuating weather conditions are expected to fuel the growth of the market.
Increasing launch of the solar power generation system by the key manufacturer is expected to escalate the market growth.
Lack of awareness regarding the renewable source of energy across developing countries is expected to hamper the growth the market during the forecast period.
Major players operating in the market include ABB Ltd., Alterra Power Corporation, Kyocera Solar, Inc., Nordex SE, Hanwha Q Cells GmbH, Sharp Corporation, Calpine Corporation, Suzlon Energy Ltd., U.S. Geothermal Inc., Yingli Green Energy Holding Co. Ltd., Enercon GmbH, and GE Energy
The market was valued around US$ 831.99 billion in terms of revenue in 2019.
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