1 / 2

Green Power Market

Government nativities and increasing presence of market players in the Asia-Pacific region drive the growth of the global green power market. The market across Asia-Pacific is anticipated to register the highest CAGR of 12.8% during the forecast period.

Abhishek232
Download Presentation

Green Power Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global Green Power Market to Garner $103.5 Billion by 2027: AMR Government nativities and increasing presence of market players in the Asia-Pacific region drive the growth of the global green power market. The market across Asia-Pacific is anticipated to register the highest CAGR of 12.8% during the forecast period. The uncertainty in the economy and fluctuating oil prices due to prolonged lockdown across several countries have reduced investments in new projects of green power. As per the report published by Allied Market Research, the global green power market was pegged at $41.1 billion in 2019, and is projected to reach $103.5 billion by 2027, registering a CAGR of 12.3% from 2020 to 2027. Increased government initiatives, strict regulation toward greenhouse gas emission, and surge in number of market players in the Asia-Pacific region have boosted the growth of the global green power market. However, high manufacturing prices hinder the market growth. On the contrary, rise in electric vehicles opens lucrative opportunities for the market players in the future. Download Sample PDF: https://www.alliedmarketresearch.com/request-sample/7940 Covid-19 scenario: •The Covid-19 outbreak has severely affected market investments in green power and curbed the expansion of key clean energy technologies. •During the pandemic, the demand for green power has reduced from the construction sector. •The uncertainty in the economy and fluctuating oil prices due to prolonged lockdown across several countries have reduced investments in new projects of green power. The global green power market is segmented on the basis of power source, end-user sector, and region. Based on power source, the solar segment is estimated to manifest the highest CAGR of 12.7% during the forecast period. However, the wind segment dominated the market in 2019, contributing to nearly half of the total market.

  2. On the basis of end-use sector, the buildings segment held the lion’s share in 2019, accounting for around two-fifths of the total revenue. However, the transport segment is expected to register the highest CAGR of 13.4% from 2020 to 2027. Get detailed COVID-19 impact analysis on the Green Power Market: https://www.alliedmarketresearch.com/request-for- customization/7940?reqfor=covid By region, the market is analyzed across various regions such as Asia-Pacific, North America, Europe, and LAMEA. The market across Asia-Pacific is anticipated to register the highest CAGR of 12.8% during the forecast period. However, the market across Europe held the largest share in 2019, contributing to more than two-fifths of the market The global green power market report includes an in-depth analysis of the major market players such as Adani Green Energy Limited, GE Renewable Energy, Green Energy Corp., Iberdrola SA, JinkoSolar Holding Co. Ltd., NextEra Energy, Inc., Orsted A/S, Siemens Gamesa Renewable Energy, Suzlon Energy Limited, and Tata Power. Make Purchase Report Enquiry Here: https://www.alliedmarketresearch.com/purchase-enquiry/7940

More Related