Top 5 Key Players Of The Renewable Energy Market From 2017 To 2025 by Type (biofuels (solid, liquid, and gaseous), solar photovoltaic, wind energy (horizontal and vertical axis wind turbines), geothermal energy, and hydroelectric power), By End User(bifurcated across residential, commercial, healthcare, industrial, and transportation segments)- Global Industry Opportunity, Analysis, Forecast 2014 to 2025.
Global Renewable Energy Market Overview: Global renewable energy market is expected to grow at a CAGR of 11.5% from 2017 to 2025. Renewable energy is the energy obtained from sources that can naturally replenish themselves on a regular basis. Renewable resources include tides, sunlight, wind, waves, geothermal heat, biomass, rain, and similar others. People have been trying to optimize the utilization of renewable energy for power generation and lower the utilization of conventional fossil fuels. The need of the hour is to lower the usage of fossil fuels as much as possible to stop the damage to the environment.
Market Drivers and Restraints: The global renewable energy industry is driven by increase in pollution worldwide, adoption of eco-friendly technologies, government support to schemes and policies, tax incentives, and funding, and shift in consumer preferences toward eco-friendly practices. On the other hand, complex processing operation and high initial investment limit growth in the industry.
Market Segmentation: By Application • Power Generation • Heating • Auto fuel • End-use Industry • Residential • Commercial • Healthcare • Industrial • Transportation By Source • Wind • Sunlight • Oceanic • Tides • Thermal • Biomass • Geothermal Heat
By Type • Biofuels • Solid • Liquid • Gaseous • Solar Photovoltaic • Crystalline Silicon Photovoltaic • Monocrystalline Silicon Photovoltaic • Polycrystalline Silicon Photovoltaic • Amorphous/Thin-film Silicon Photovoltaic • Others • Wind Energy • Horizontal Axis Wind Turbines • Vertical Axis Wind Turbines • Geothermal Energy • Dry Steam • Flash Steam • Binary Cycle • Hydroelectric Power
By Geography Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific LAMEA Brazil Saudi Arabia South Africa Rest of LAMEA • North America • U.S. • Canada • Mexico • Europe • UK • Germany • France • Spain • Italy • Rest of Europe
Key Market Players: Key players operating in the global renewable energy market are explored in the research to assist leading market players and startups gain insights on competitive intensity along with key strategies to be adopted to gain stronghold in the industry. Market players analyzed in the research are Yingli Green Energy Hold. Co. Ltd., Suntech Power Holding Co. Ltd., U.S. Geothermal Inc., Q-Cells SE, Trina Solar Ltd., AmesaCorporacionTechnologica SA, Hydro-Quebec, Cosan SA Industria E Comercio., Enercon GmbH, and Archer Daniels Midland Company. They have adopted different strategies such as joint ventures, partnerships, expansion, mergers & acquisitions, collaborations, and others to gain lead position in the market.
Key Takeaways from the Report: • The research provides a comprehensive analysis of the global renewable energy market based on current market scenario and estimations for the forecast period, 2017–2025. • The report offers a detailed analysis of changing market trends to assist market players gain insights on current conditions and determine investment pockets. • The research provides information on drivers, restraints, and opportunities along with impact of these factors on the global market. • The study on the global renewable energy market offers a comprehensive analysis for the historic period and the forecast period along with strategies to be adopted to gain lead position in the market. • Porter’s Five Forces analysis offers detailed insights on market competition and highlights potency of suppliers and buyers.
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