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Renewable Energy in the United States

Publisher MarketLine
Published May 22, 2025
Length 48 Pages
SKU # MTLN20303856

Description

Renewable Energy in the United States

Summary

Renewable Energy in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Renewable energy market includes net generation of electricity through renewable sources. Market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
  • The US renewable energy market recorded revenues of $82,787.7 million in 2024, representing a compound annual growth rate (CAGR) of 6.3% between 2019 and 2024.
  • Market production volume increased with a CAGR of 7.5% between 2019 and 2024, reaching a total of 1,146,129.1 GWh in 2024.
  • In 2024, the US renewable energy production recorded an annual growth of 10.3% due to the substantial increase in installed renewable energy capacity. According to the US EIA, in 2024, the US renewable electricity installed capacity reached 397.4 million kilowatts (kW), up 6.5% annually.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in the United States
  • Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States renewable energy market with five year forecasts
Reasons to Buy
  • What was the size of the United States renewable energy market by value in 2024?
  • What will be the size of the United States renewable energy market in 2029?
  • What factors are affecting the strength of competition in the United States renewable energy market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States's renewable energy market?

Table of Contents

48 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. NextEra Energy Inc
8.2. Enel Green Power North America Inc
8.3. Invenergy LLC
8.4. First Solar Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States renewable energy market value: $ million, 2019-24
Table 2: United States renewable energy market volume: GWh, 2019-24
Table 3: United States renewable energy market category segmentation: % share, by value, 2019-24
Table 4: United States renewable energy market category segmentation: $ million, 2019-24
Table 5: United States renewable energy market geography segmentation: $ million, 2024
Table 6: United States renewable energy market value forecast: $ million, 2024-29
Table 7: United States renewable energy market volume forecast: GWh, 2024-29
Table 8: NextEra Energy Inc: Key Facts
Table 9: NextEra Energy Inc: Annual Financial Ratios
Table 10: NextEra Energy Inc: Key Employees
Table 11: Enel Green Power North America Inc: Key Facts
Table 12: Enel Green Power North America Inc: Key Employees
Table 13: Invenergy LLC: Key Facts
Table 14: Invenergy LLC: Key Employees
Table 15: Invenergy LLC: Key Employees Continued
Table 16: Invenergy LLC: Key Employees Continued
Table 17: First Solar Inc: Key Facts
Table 18: First Solar Inc: Annual Financial Ratios
Table 19: First Solar Inc: Key Employees
Table 20: United States Size of Population (Million), 2020-24
Table 21: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: United States GDP (Current Prices, $ Billion), 2020-24
Table 23: United States Inflation, 2020-24
Table 24: United States Consumer Price Index (Absolute), 2020-24
Table 25: United States Exchange Rate, 2019-24
List of Figures
Figure 1: United States renewable energy market value: $ million, 2019-24
Figure 2: United States renewable energy market volume: GWh, 2019-24
Figure 3: United States renewable energy market category segmentation: $ million, 2019-24
Figure 4: United States renewable energy market geography segmentation: % share, by value, 2024
Figure 5: United States renewable energy market value forecast: $ million, 2024-29
Figure 6: United States renewable energy market volume forecast: GWh, 2024-29
Figure 7: Forces driving competition in the renewable energy market in the United States, 2024
Figure 8: Drivers of buyer power in the renewable energy market in the United States, 2024
Figure 9: Drivers of supplier power in the renewable energy market in the United States, 2024
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in the United States, 2024
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in the United States, 2024
Figure 12: Drivers of degree of rivalry in the renewable energy market in the United States, 2024

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