Marktsegmentierung für grüne Energie nach Typ (Wasserkraft, Windenergie, Gezeitenenergie, Solarenergie, Geothermie, Biogas und andere); nach Anwendung (Wohnen, Industrie und Gewerbe) – Globale Nachfrageanalyse & Chancenausblick 2030

Global market highlights for green energy in the period 2022-2030

The global market for green energy is expected to grow by ~ 6.5% CAGR over the forecast period, i.e. 2022-2030. The global shift from non-renewable energy sources such as coal and petroleum to renewable energy sources is intended to drive market growth. The growth of the market is due to increasing government initiatives to encourage the adoption of green energy. According to the International Energy Agency (IEA), the annual expansion of renewable capacity rose by 45% to just under 280 GW in 2020. Despite the aftermath of the COVID-19 pandemic, installed renewable energy capacity increased 6% globally. The dangerously high levels of greenhouse gases, especially carbon dioxide and methane, the rapid depletion of the ozone layer and rising global temperatures are a cause for concern for the public and the authorities concerned. The introduction of green energy is being promoted in order to reduce the emission of greenhouse gases that result from the burning of coal in thermal power plants. Large companies are investing in developing company-scale green energy generation, which is also designed to fuel market growth.



The market is segmented by type into hydropower, wind, tidal, solar, geothermal, biogas, and others, of which the solar energy segment is expected to hold a notable share in the global green energy market by the end of 2030 due to the increasing installation of solar power plants, the installation of solar panels on the supply scale and the abundance of sunlight in most regions of the world. The wind energy segment is also expected to grow significantly in the forecast period due to the increasing spread of on- and off-shore wind farms. It is estimated that the hydropower segment will gain the largest share of sales in the market in the forecast period, supported by the rapid construction of hydropower plants. According to IEA data, solar energy is estimated to be 162 GW by 2022, while the wind power capacity reached 114 GW in 2021, which is 50% more than the 2017-19 capacity. In addition, the total global hydropower capacity is estimated to be 1,308 GW in 2020.

Important macroeconomic indicators influencing market growth



In 2018, the global energy supply totaled 14,282 Mtoe, with the highest share in relation to the source with 31.6% oil being extracted, followed by coal (26.9%), natural gas (22.8%), biofuels and waste (9,3.). %), Nuclear energy (4.9%), hydropower (2.5%) and other (2.0%). With an increase in energy demand in 2018, 2019 saw slow growth as energy efficiency improved due to the decrease in cooling and heating demand. In 2020, however, electricity demand declined 2.5% in the first quarter of 2020 due to the coronavirus outbreak, resulting in government-mandated shutdowns to limit the spread of the virus, followed by the shutdown of numerous businesses that are impacting which their growth. This also resulted in a 5.8% decrease in global CO2 emissions, five times higher than during the global financial crisis in 2009. However, in 2021 the demand for oil, gas and coal is estimated to remain an opportunity for growth to create market growth. In addition, increasing environmental degradation and awareness related to climate change are motivating many key actors to adopt sustainable energy strategies and invest heavily in environmentally friendly power generation technologies to promote sustainable development in various nations around the world. Such factors are expected to fuel the growth of the market in the coming years. However, in 2021, the demand for oil, gas, and coal is estimated to grow, which should continue to create opportunities for market growth. In addition, increasing environmental degradation and awareness related to climate change are motivating many key actors to adopt sustainable energy strategies and invest heavily in environmentally friendly power generation technologies to promote sustainable development in various nations around the world. Such factors are expected to fuel the growth of the market in the coming years. However, in 2021, the demand for oil, gas, and coal is estimated to grow, which should continue to create opportunities for market growth. In addition, increasing environmental degradation and awareness related to climate change are motivating many key actors to adopt sustainable energy strategies and invest heavily in environmentally friendly power generation technologies to promote sustainable development in various nations around the world. Such factors are expected to fuel the growth of the market in the coming years. apply sustainable energy strategies and invest heavily in environmentally friendly power generation technologies to promote sustainable development in various nations around the world. Such factors are expected to fuel the growth of the market in the coming years. apply sustainable energy strategies and invest heavily in environmentally friendly power generation technologies to promote sustainable development in various nations around the world. Such factors are expected to fuel the growth of the market in the coming years.

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Regional summary of the global green energy market

On the basis of geographic analysis, the global green energy market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The Asia Pacific market is expected to experience remarkable growth over the forecast period due to the highest usage and adoption of solar and hydropower in the region. It is estimated that the high level of acceptance of green energy, especially in China, India and Japan, will significantly boost market growth. Solar power production in China increased from 39 TWh in 2015 to 260 TWh in 2020, while total hydropower generated exceeded 1,302.00 TWh in 2019. The markets in India and Japan also recorded robust growth in solar and wind energy, respectively.

It is estimated that the market in the North America region will gain significant market share during the forecast period due to the increasing number of solar and hydropower plants in the utility sector as well as growing environmental awareness among the public. The European market is also expected to gain significant market share in the forecast period, as the region has enormous potential for geothermal, wind and hydropower growth.

The global green electricity market is further subdivided according to regions as follows:

North America (United States and Canada) Market Size, YOY Growth, and Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, YOY Growth, and Opportunity Analysis

Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market Size, Year-on-Year Growth and Opportunity Analysis

Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific) Market Size, YOY Growth, and Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa) Market Size, YOY Growth, and Opportunity Analysis

Market segmentation

Our in-depth analysis of the global green power market includes the following segments:

By type

Hydro energy
Wind energy
Tidal energy
solar power
Geothermal energy
Biogas
Other

After application

Residential
Industry
advertising

Growth accelerator

Growing environmental awareness among the masses
Government regulations and guidelines promoting the adoption of green energy

challenges

Slow implementation in developing countries
High acquisition costs

Top companies that dominate the market

DuPont de Nemours, Inc.
Company overview
Business strategy
Important product offerings
Financial performance
Performance metrics
Risk analysis
The latest development
Regional presence
SWOT analysis
GE group
Siemens AG
The Dow Chemical Company
Envision group
Adwen GmbH
Ming Yang Smart Energy Group Ltd
Suzlon Energy Limited
ABB Ltd

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