MarkNtel Advisors Research Analyses that Renewable Energy Market size was valued at around USD 1080 billion in 2024 and is projected to reach USD 1918 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12.17% during the forecast period, i.e., 2025-30.
Which are the top companies operating in the Renewable Energy Market?
Iberdrola, Siemens Gamesa, Ørsted A/S, NextEra Energy, Inc., EDf Renewable, General Electric, Vestas, Acciona, S.A., Canadian Solar, Enel Green Power SpA, Lightsource BP, Adani Green Energy Ltd., Tata Power Renewables, Enterprize Energy, JSW Energy, and others
Competitive Landscape and Renewable Energy Market Share Analysis:
The competitive landscape of the Renewable Energy market offers detailed insights by company. These insights include company overviews, financial performance, revenue specific to the Renewable Energy market, segment market potential, R&D investments, new market strategies, global footprint, production sites and capacities, key strengths and weaknesses, product launches, product range and diversity, as well as dominant applications.
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Research Scope and Market Categories:
By Source
- Solar – Market Size & Forecast, 2020-2030, MWh
- Wind – Market Size & Forecast, 2020-2030, MWh
- Hydro – Market Size & Forecast, 2020-2030, MWh
- Others (Biomass, geothermal, etc.) – Market Size & Forecast, 2020-2030, MWh
By End User
- Residential – Market Size & Forecast, 2020-2030, MWh
- Commercial – Market Size & Forecast, 2020-2030, MWh
- Industrial – Market Size & Forecast, 2020-2030, MWh
Geographically, the report provides an in-depth analysis of consumption, revenue, market share, and growth rate—along with historical data and forecasts for the period 2025–2030 as detailed in the respective chapters.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Which are the driving factors of the Renewable Energy Market?
Rising Energy Security Concerns to Drive Market Growth – In today’s world, being energy-dependent is a serious threat to the nation’s economy. The conventional energy sources being limited to some parts of the globe disturbed the balance of power & income between nations. Therefore, a crucial need for upgrading and transitioning to new energy sources arose. Nations with low reserves of fossil fuels have been the first to deploy renewable energy in their existing power grids. Countries such as China and India have rapidly increased the share of renewables, especially solar, in their energy mix, helping in the steady addition of global renewable energy capacity each year. As per the IEA, in 2023 alone, approximately 510 GW was added to the existing capacity, which is estimated to be an increase of about 50% in contrast with that of 2022. For this, the countries have extended support to the private players in terms of policy support, financial support, etc., which has been fueling the market size & volume of renewable energy globally.
Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Comprehensive Table of Contents Renewable Energy Market Analysis and Forecast (2025-2030)
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Research Methodology
- Overview of Methodological Approaches
- Study Objectives
- Foundational Methodology
- Scope Definition
- Key Assumptions and Limitations
- Forecasting Approach
- Macroeconomic Outlook
- Renewable Energy Market Porters Five Forces Analysis
- Renewable Energy Market Supply Chain Analysis
- Renewable Energy Market Trends & Insights
- Renewable Energy Market Dynamics
- Drivers
- Challenges
- Renewable Energy Market Growth Opportunities & Hotspots
- Renewable Energy Market Policy & Regulations
- Renewable Energy Market Pricing Analysis
- Renewable Energy Market Outlook, 2020-2030F
- Market Size & Outlook
- Revenues (USD Million)
- Units Sold
- Market Size & Outlook
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