Renewable Power Generation Market Size, Share & Trends Analysis Report By Product (Hydropower, Wind, Solar, Bioenergy), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2020 - 2027

Renewable Power Generation Market Growth & Trends

The global renewable power generation market demand is expected to reach 12,630.9 TWh by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.9% over the forecast period. Switching from conventional fossil fuels to renewable sources is underway to achieve economic, social, and environmental developments. Moreover, such investments in renewable and clean resource sectors are estimated to generate commercial opportunities as well as new jobs.

The world economy will be in the expansion mode after the COVID-19 pandemic, therefore demand for power is expected to increase exponentially in the coming years. This is a result of the higher living standards and economic growth. Fossil fuels currently dominate the present power supply, accounting for almost 60% of the energy increase until 2035. However, the shift towards low carbon fuels, coupled with stringent environment regulations in most of the developed countries, has provided a major boost to renewable energy.

The renewable energy market has witnessed a surge in installation capacity over the past few years on account of growing environmental concerns, coupled with the aim to reduce the harmful effects of greenhouse gasses. This has been a major factor for the expansion of wind energy. Government support to save energy and improve the efficiency will result in propelling growth over the forecast period.

Renewable energy is clean, silent, and freely available. This source of power has also become aesthetically appealing after the implementation of solar panels in residential and commercial buildings. The recent dip in the solar panel prices on account of hardware cost reductions as well as rising focus on tackling soft costs is further projected to augment the installation rates. Despite the extensive research & development costs associated, the major providers of solar panels have successfully reduced design, along with overhead costs.

Renewable Power Generation Market Report Highlights

By product, the hydropower segment held the largest share of almost 63% in 2019 due to its wide availability and low cost

The solar segment is anticipated to expand at the fastest CAGR of 9.5% from 2020 to 2027 on account of declining prices of solar panels and technological upgradation

Asia Pacific led the renewable energy generation market in 2019 and is anticipated to reach 5,311.3 TWh by 2027 owing to presence of numerous end-use industries, such as automobile, electronics, manufacturing, and pharmaceutical

In Asia Pacific, China accounted the largest share of 66.5% in 2019. Rapid industrialization and growing population over the past few years has resulted in increased demand for clean energy in this country

Research & development activities, partnership with local governments, and technological collaborations are some of the strategic initiatives taken up by leading companies.

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Chapter 1 Methodology & Scope
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Assumptions
1.4 Information Procurement
1.4.1 Purchased Database
1.4.2 GVR’s Internal Database
1.4.3 Secondary Sources
1.4.4 Third Party Perspective
1.4.5 Primary Research
1.5 Information Analysis
1.5.1 Data Analysis Models
1.6 Market Formulation and Data Visualization
1.7 Data Validation and Publishing
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights
Chapter 3 Industry Overview
3.1 Market Lineage Outlook
3.1.1 Global Power Generation Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Value Chain Analysis
3.3.1 Manufacturing Trends
3.3.2 Sales Channel Analysis
3.3.3 Vendor Selection Criteria Analysis
3.4 Regulatory Framework
3.4.1 Standards and Compliances
3.4.2 Safety
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.5.3 Industry Challenges
3.6 Business Environment Analysis
3.6.1 Industry Analysis - Porter’s
3.6.2 PESTEL analysis
Chapter 4 Renewable Power (Energy) Generation Market: Product Estimates & Trend Analysis
4.1 Definition & Scope
4.2 Global Renewable Power (Energy) Generation Market: Product Movement Analysis, 2019 & 2027
4.3 Market size & forecasts and trend analysis, 2016 to 2027 for the following:
4.3.1 Hydropower
4.3.1.1 Market estimates & forecasts, 2016 - 2027 (USD Million)
4.3.2 Wind
4.3.1.1 Market estimates & forecasts, 2016 - 2027 (USD Million)
4.3.3 Solar
4.3.1.1 Market estimates & forecasts, 2016 - 2027 (USD Million)
4.3.4 Bioenergy
4.3.1.1 Market estimates & forecasts, 2016 - 2027 (USD Million)
4.3.5 Other Renewable Power (Energy) Generationes
4.3.1.1 Market estimates & forecasts, 2016 - 2027 (USD Million)
Chapter 6 Renewable Power (Energy) Generation Market: Regional Estimates & Trend Analysis
6.1 Definition & Scope
6.2 Global Renewable Power (Energy) Generation Market: Regional Movement Analysis, 2019 & 2027
6.3 Market Size & Forecasts and Trend Analysis, 2016 to 2027 for the following:
6.2.1. North America
6.2.1.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.1.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.1.4. U.S.
6.2.1.4.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.1.4.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.1.5. Canada
6.2.1.5.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.1.5.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.1.6. Mexico
6.2.1.6.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.1.6.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.2. Europe
6.2.2.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.2.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.2.4. Germany
6.2.2.4.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.2.4.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.2.5. Russia
6.2.2.5.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.2.5.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.2.6. Norway
6.2.2.6.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.2.6.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.2.7. Italy
6.2.2.7.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.2.7.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.2.8. U.K.
6.2.2.8.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.2.8.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.3. Asia Pacific
6.2.3.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.3.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.3.4. China
6.2.3.4.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.3.4.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.3.5. Japan
6.2.3.5.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.3.5.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.3.6. India
6.2.3.6.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.3.6.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.3.7. Australia
6.2.3.7.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.3.7.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.4. Central & South America
6.2.4.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.4.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.4.4. Brazil
6.2.4.4.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.4.4.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.4.5. Argentina
6.2.4.5.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.4.5.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.5. Middle East & Africa
6.2.5.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.5.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.5.4. Iran
6.2.5.4.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.5.4.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
6.2.5.5. Egypt
6.2.5.5.1. Market estimates and forecasts, 2016 - 2027 (TWh)
6.2.5.5.2. Market estimates and forecasts, by product, 2016 - 2027 (TWh)
Chapter 7 Competitive Landscape
7.1 Recent Developments & their Impact on the Industry
7.2 Major Deals & Strategic Alliances
7.3 Vendor Landscape
7.3.1 List of Key Distributors and Channel Partners
7.3.2 Company Market Position Analysis
Chapter 8 Company Profiles
8.1 ABB
8.1.1 Company Overview
8.1.2 Product Benchmarking
8.1.3 Financial Performance
8.1.4 Strategic Initiatives
8.2 ACCIONA
8.2.1 Company Overview
8.2.2 Product Benchmarking
8.2.3 Financial Performance
8.2.4 Strategic Initiatives
8.3 EDF
8.3.1 Company Overview
8.3.2 Product Benchmarking
8.3.3 Financial Performance
8.3.4 Strategic Initiatives
8.4 Enel Spa
8.4.1 Company Overview
8.4.2 Product Benchmarking
8.4.3 Financial Performance
8.4.4 Strategic Initiatives
8.5 General Electric
8.5.1 Company Overview
8.5.2 Product Benchmarking
8.5.3 Financial Performance
8.5.4 Strategic Initiatives
8.6 Geronimo Energy
8.6.1 Company Overview
8.6.2 Product Benchmarking
8.6.3 Strategic Initiatives
8.7 Invenergy
8.7.1 Company Overview
8.7.2 Product Benchmarking
8.7.3 Financial Performance
8.7.4 Strategic Initiatives
8.8 Innergex
8.8.1 Company Overview
8.8.2 Product Benchmarking
8.8.3 Financial Performance
8.9 THE TATA POWER COMPANY LIMITED
8.9.1 Company Overview
8.9.2 Product Benchmarking
8.9.3 Financial Performance
8.9.4 Strategic Initiatives
8.10 Xcel Energy Inc.
8.10.1 Company Overview
8.10.2 Product Benchmarking
8.10.3 Financial Performance
8.10.3 Strategic Initiatives
List of Tables
Table 1 List of Key End Users
Table 2 Standards and compliances for Renewable Power (Energy) Generationes
Table 3 Environmental Regulations
Table 4 Investment and R&D
Table 5 Hydropower market estimates & forecast, 2016 - 2027 (TWh)
Table 6 Wind market estimates & forecast, 2016 - 2027 (TWh)
Table 7 Solar market estimates & forecast, 2016 - 2027 (TWh)
Table 8 Bioenergy market estimates & forecast, 2016 - 2027 (TWh)
Table 9 Other Renewable Power (Energy) Generationes market estimates & forecast, 2016 - 2027 (TWh)
Table 10 North America Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 11 North America Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 12 U.S. Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 13 U.S. Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 14 CANADA Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 15 CANADA Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 16 MEXICO Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 17 MEXICO Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 18 Europe Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 19 Europe Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 20 GERMANY Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 21 GERMANY Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 22 Russia Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 23 Russia Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 24 Norway Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 25 Norway Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 26 Italy Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 27 Italy Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 28 U.K. Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 29 U.K. Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 30 Asia Pacific Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 31 Asia Pacific Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 32 CHINA Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 33 CHINA Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 34 INDIA Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 35 INDIA Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 36 JAPAN Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 37 JAPAN Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 38 Australia Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 39 Australia Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 40 Central & South America Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 41 Central & South America Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 42 BRAZIL Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 43 BRAZIL Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 44 ARGENTINA Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 45 ARGENTINA Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 46 Middle East & Africa Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 47 Middle East & Africa Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 48 Iran Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 49 Iran Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
Table 50 Egypt Renewable Power (Energy) Generation market estimates & forecast, 2016 - 2027 (TWh)
Table 51 Egypt Renewable Power (Energy) Generation market estimates & forecast, By Product, 2016 - 2027 (TWh)
List of Figures
Fig. 1 Renewable Power (Energy) Generation market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Primary research approaches
Fig. 7 Global Renewable Power (Energy) Generation market, 2016 - 2027, (TWh)
Fig. 8 Renewable Power (Energy) Generation Market: Value Chain Analysis
Fig. 9 Marker driver impact analysis
Fig. 11 Market restraints impact analysis
Fig. 12 Renewable Power (Energy) Generation market analysis - Porter’s
Fig. 13 Renewable Power (Energy) Generation market analysis - PESTEL analysis
Fig. 14 Renewable Power (Energy) Generation Market - Product Movement Analysis, 2019 & 2027
Fig. 15 Global Renewable Power (Energy) Generation Market: Regional Movement Analysis, 2019 & 2027
Fig. 16 Major Deals & Strategic Alliances
Fig. 17 Four quadrant positioning of vendors

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