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Clean Energy Market Overview
An overview of conceptual frameworks, analytical approaches of the clean energy market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The clean energy market is expected to grow at a significant rate in the near future.
The global clean energy market is estimated to reach at a value of US$ 875.1 Mn by the end of 2020 and expected to reach at a value of US$ 2,462.9 Mn by 2028 with a significant CAGR of 13.8%
Clean Energy Market Definition
In the current times, the environment around the world is constantly degrading as a result of numerous processes, including intensification of agriculture, industrial pollution, mining, physical crowing and many others. These processes are also causing climate change, which is estimated to be one of the greatest challenges to tackle as it already had observable effects on the environment. For instance, glaciers have shrunk, ice on lakes and rivers is cracking up earlier, a wide range of animals and plants and animals have shifted as well as trees are flowering sooner, more intense heat waves, and many more. It is believed that clean or renewable energy can help us tackle these environmental challenges and can be the backbone of a secure and prosperous future.
Primarily, clean energy, also referred to as renewable energy, can be understood as the energy obtained from renewable and zero-emissions sources as well as energy conserved by means of energy efficiency measures. To put it simply, clean energy is obtained from natural sources or processes that are continually replenished. For example, wind or sunlight keep blowing or shining, even if their accessibility relies on weather and time.
The employment of clean or renewable energy is one of the most necessary actions that can be taken to cut off the impact on the environment. Production of electricity is a primary source of greenhouse gases, and clean energy also lessens injurious smog, toxic buildups in the water and air, and the consequences caused by gas extraction and coal mining.
Clean Energy Market Dynamics
Renewable energy technologies transform the energy from various natural sources such as sun, wind, tides, and others, into functional forms such as electricity. The raised emissions of greenhouse gases (GHGs) all around the world, in particular carbon dioxide (CO2) due to the heavy usage of fossil fuels for generation of energy, resulting in depletion of the environment, is further driving the clean energy market.
By the same token, fossil fuels are available in a limited quantity on the earth and thus have highly volatile prices, owing to which, the global clean energy market is further projected to evolve rapidly in the forthcoming years. Although, there is a requirement of heavy investments for the generation of energy from renewable sources, which might not be affordable in every region across the world, which in turn is likely to act as a restraining factor for the growth of the global clean energy market in the years to come.
In addition to that, there is major usage of fossil fuels in the middle-east to generate energy as it is more cost-effective, which may further hold back the growth of the global clean energy market over the forecast period. However, the constant advancements in technologies, as well as abundant government funding in the renewable energy sector, is yet estimated to provide lucrative growth opportunities for the global clean energy market in the coming timeframe.
In other respects, the government and regulatory authorities have applied various stringent regulations and policies owing to the growing concerns regarding environment depletion and climate change in the developed and developing economies, which is further expected to positively fuel the growth of the global clean energy market in the near future.
Furthermore, the emergent technologies in the clean energy market can conquer new niche markets through the execution of fresh business models. This is why the penetration of new technologies, market creation, and progressions of emerging technologies are a few of the leading measures of progress in the implementation of clean energy. Therefore, the global clean energy market is expected to witness significant growth in the coming years.
Clean Energy Market Segmentation
The global clean energy market is segmented on the basis of type, end-use, and regions. On the basis of type, the clean energy market is segmented into Hydroelectric Power, Wind Power Energy, Bioenergy, Solar Energy, Geothermal Energy. On the basis of end-use, the market is categorized into Residential, Commercial, Industrial, Others.
The research report classifies the global clean energy market based on type, end-use, and regions.
By Type
Hydroelectric Power
Wind Power Energy
Bioenergy
Solar Energy
Geothermal Energy
By End-Use
Residential
Commercial
Industrial
Others
By Region
North America
Latin America
Africa
Europe
Asia Pacific
Middle East
Clean Energy Market Key Players
The global clean energy market is dominated by ABB Ltd., General Electric (GE), The Tata Power Company Limited (Tata Power), Innergex, Enel Spa (Enel), Xcel Energy Inc. (Xcel Energy), EDF, Geronimo Energy, Invenergy, and ACCIONA, Vestas Wind Systems A/S, UpWind Solutions, Inc., Senvion S.A., and Sinovel Wind Group Co., Ltd. ENERCON GmbH, among others.
MMC Overview on Clean Energy Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the clean energy market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is titled as ‘Clean Energy Market: Opportunity Analysis and Future Assessment 2020-2028’.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of clean energy
Advantage of clean energy
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Clean Energy Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Clean Energy Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Clean Energy Market Snapshot
2.4. Global Clean Energy Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Clean Energy Market Dynamics
2.5.1. Drivers
2.5.2. Restraints˙
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. SWOT Analysis
3. Clean Energy Assessment and Analysis
3.1. Clean Energy Impact Analysis
3.2. Actions to encourage use of Clean Energy
3.3. Clean Energy Promotional Strategy Recommendation
3.4. Road Map Analysis
3.5. GAP Analysis
3.6. Potential Analysis
4. Covid-19 Impact on Clean Energy Market
4.1. Impact Analysis of Covid-19 on the global Clean Energy market
4.2. Effect On Value Chain
4.3. Business Impact W.R.T Revenue
4.4. Volatility In Price
4.5. Effect On The Overall Trade
4.6. Market Impact Analysis In 2020 (Quarter Wise)
5. Global Clean Energy Market, By Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Type
5.1.2. BPS Analysis, By Type
5.2. Market Revenue (US$Mn) and Forecast, By Type
5.2.1. Hydroelectric Power
5.2.2. Wind Power Energy
5.2.3. Bioenergy
5.2.4. Solar Energy
5.2.5. Geothermal Energy
5.3. Global Clean Energy Market Attractiveness Index, By Type
6. Global Clean Energy Market, By End-Use
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By End-Use
6.1.2. BPS Analysis, By End-Use
6.2. Market Revenue (US$Mn) and Forecast, By End-Use
6.2.1. Residential
6.2.2. Commercial
6.2.3. Industrial
6.2.4. Others
6.3. Global Clean Energy Market Attractiveness Index, By End-Use
7. Global Clean Energy Market, By Region
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Region
7.1.2. BPS Analysis, By Region
7.2. Market Revenue (US$Mn) and Forecast, By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. Asia Pacific
7.2.5. Middle East
7.2.6. Africa
7.3. Global Clean Energy Market Attractiveness Index, By Region
8. North America Clean Energy Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) and Forecast, By Country
8.2.1. U.S. Clean Energy Market
8.2.2. Canada Clean Energy Market
8.3. North America Clean Energy Market, By Type
8.3.1. Hydroelectric Power
8.3.2. Wind Power Energy
8.3.3. Bioenergy
8.3.4. Solar Energy
8.3.5. Geothermal Energy
8.4. North America Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use
8.4.1. Residential
8.4.2. Commercial
8.4.3. Industrial
8.4.4. Others
8.5. North America Clean Energy Market Attractiveness Index
8.5.1. By Country
8.5.2. By Type
8.5.3. By End-Use
9. Latin America Clean Energy Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. Brazil Clean Energy Market
9.2.2. Mexico Clean Energy Market
9.2.3. Rest Of Latin America Clean Energy Market
9.3. Latin America Clean Energy Market, By Type
9.3.1. Hydroelectric Power
9.3.2. Wind Power Energy
9.3.3. Bioenergy
9.3.4. Solar Energy
9.3.5. Geothermal Energy
9.4. Latin America Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.4.4. Others
9.5. Latin America Clean Energy Market Attractiveness Index
9.5.1. By Country
9.5.2. By Type
9.5.3. By End-Use
10. Europe Clean Energy Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. U.K. Clean Energy Market
10.2.2. Germany Clean Energy Market
10.2.3. Italy Clean Energy Market
10.2.4. France Clean Energy Market
10.2.5. Spain Clean Energy Market
10.2.6. Russia Clean Energy Market
10.2.7. Rest Of Europe Clean Energy Market
10.3. Europe Clean Energy Market, By Type
10.3.1. Hydroelectric Power
10.3.2. Wind Power Energy
10.3.3. Bioenergy
10.3.4. Solar Energy
10.3.5. Geothermal Energy
10.4. Europe Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.4.4. Others
10.5. Europe Clean Energy Market Attractiveness Index
10.5.1. By Country
10.5.2. By Type
10.5.3. By End-Use
11. Asia Pacific Clean Energy Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. China Clean Energy Market
11.2.2. India Clean Energy Market
11.2.3. Japan Clean Energy Market
11.2.4. Australia and New Zealand Clean Energy Market
11.2.5. South Korea Clean Energy Market
11.2.6. Rest of Asia Pacific Clean Energy Market
11.3. Asia Pacific Clean Energy Market, By Type
11.3.1. Hydroelectric Power
11.3.2. Wind Power Energy
11.3.3. Bioenergy
11.3.4. Solar Energy
11.3.5. Geothermal Energy
11.4. Asia Pacific Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.4.4. Others
11.5. Asia Pacific Clean Energy Market Attractiveness Index
11.5.1. By Country
11.5.2. By Type
11.5.3. By End-Use
12. Middle East Clean Energy Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. GCC Countries Clean Energy Market
12.2.2. Israel Clean Energy Market
12.2.3. Rest Of Middle East Clean Energy Market
12.3. Middle East Clean Energy Market, By Type
12.3.1. Hydroelectric Power
12.3.2. Wind Power Energy
12.3.3. Bioenergy
12.3.4. Solar Energy
12.3.5. Geothermal Energy
12.4. Middle East Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.4.4. Others
12.5. Middle East Clean Energy Market Attractiveness Index
12.5.1. By Country
12.5.2. By Type
12.5.3. By End-Use
13. Africa Clean Energy Market Analysis and Forecast, 2020–2028
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. South Africa Countries Clean Energy Market
13.2.2. Egypt Clean Energy Market
13.2.3. North Africa Clean Energy Market
13.2.4. Rest of Africa Clean Energy Market
13.3. Africa Clean Energy Market, By Type
13.3.1. Hydroelectric Power
13.3.2. Wind Power Energy
13.3.3. Bioenergy
13.3.4. Solar Energy
13.3.5. Geothermal Energy
13.4. Africa Clean Energy Market Revenue (US$Mn) and Forecast, By End-Use
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.4.4. Others
13.5. Africa Clean Energy Market Attractiveness Index
13.5.1. By Country
13.5.2. By Type
13.5.3. By End-Use
14. Competitive Landscape
14.1. Company Profiles
14.1.1. Chase Tactical
14.1.1.1. Company Overview
14.1.1.2. Financial Overview
14.1.1.3. Key Developments
14.1.1.4. Strategies
14.1.1.5. Product Analysis
14.1.2. ABB Ltd.
14.1.3. General Electric (GE)
14.1.4. The Tata Power Company Limited (Tata Power)
14.1.5. Innergex
14.1.6. Enel Spa (Enel)
14.1.7. Xcel Energy Inc. (Xcel Energy)
14.1.8. EDF
14.1.9. Geronimo Energy
14.1.10. Invenergy
14.1.11. ACCIONA
14.1.12. Vestas Wind Systems A/S
14.1.13. UpWind Solutions, Inc.
14.1.14. Senvion S.A.
14.1.15. Sinovel Wind Group Co. Ltd.
14.1.16. ENERCON GmbH
15. Acronyms
