Wednesday, October 31, 2018

Global and Regional Renewable Energy Industry Production, Sales and Consumption Status and Market Research Report

The Renewable Energy market size will grow from USD 10.60 Billion in 2017 to USD 17.41 Billion by 2023, at an estimated CAGR of 8.62%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

Global focus towards reducing air pollution, curbing global warming emissions, and decreasing dependence on coal & other fossil fuels is positively influencing the adoption of renewable energy technologies. Moreover, incentives offered by the governments coupled with increasing cost competitiveness of renewable sources when compared with others of power generation are also boosting the demand for renewable power generation.In terms of renewable energy installation, by technology, wind is a widely present renewable energy source, followed by solar, bio energy, and geothermal. It terms of adoption rate, solar is being widely adopted and deems to be a promising technology in the near future. Countries in North America, especially the U.S., and some major EU nations (such as Germany and France) have strict mandates for renewable energy technology adoption. Meanwhile, certain countries in Asia-Pacific such as China, India, and Japan are also actively involved in meeting the renewable energy targets. Incentives such as feed-in tariff are provided by the governments to enhance renewable energy technology adoption.

By Market Players:
First Solar, Inc
JUWI AG
Sunedison Inc
Hanwha Q Cells GmbH
Martifier Solar
Borea Construction ULC
Gamesa Corporation
Prenecon S.A. 
M.A. Mortenson Company. 
Suzlon Energy
Black & Veatch Holding. 
Areva. 
AMEC Foster Wheeler PLC 
Ormat Technologies Inc. 
Mannvit.

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By Technology:

Solar
Wind
Geothermal
Bio Energy
Others

By Tariff Period:
5 years
10 years
13 years
15 years
20 years
Others

By System Size:
1 kW to 15 MW
Others

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

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