Global Green Power Market Projected to Reach USD 2.3 Billion by 2025

New York, USA, 2018-Aug-31 — /EPR Network/ —Global green power market is driven by the globally trending wave of reducing dependence on non-renewable sources of energy such as coal, has started to shift the government and energy sector players to focus on the development of power generation plants sourced from renewables such as wind and solar energy. According to Goldstein Research, global green power market size is expected to reach USD 2.3 billion by 2025, growing at a robust CAGR of 20.4% during the forecast period 2017-2025. Global green power market segmentation has been carried out on the basis of the source of power, power supply, end users, and geography. Based on the source of power, solar power accounted for the highest market share in 2017. Various countries with abundant solar energy are investing in the development of solar power plants. China solar industry has witnessed an investment of USD 86.5 billion in early 2018.

Global green power industry witnessed the highest use of green power in commercial applications all over the world, owing to advancement in green power transmission & distribution equipment. Further, global green power market is estimated to be dominated by the Asia Pacific with a market share of 44.6% in 2017, where China, India & Singapore were among the top revenue contributors in the region. Moreover, Latin America is anticipated to be an opportunistic region for the establishment of green power projects.

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Market Segmentation

On the basis of our in-depth analysis, Global Green Power Market can be segmented as follows:

By Source of Power

  • Solar Power
  • Wind Power
  • Geothermal Power
  • Hydro Power
  • Biogas

By Power Supply

  • Power Grid
  • Off-Grid

By End-Users

  • Residential
  • Commercial
  • Industrial

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Green Power Market Outlook 2025” contains a detailed overview of the global green power market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by the source of power, power supply, and end users.

Further, for the in-depth analysis, Global Green Power Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research reports also includes competitive outlook of some of the major players profiling of companies such as GE Energy, CPFL Energia S.A., Terra-Gen, Tata Power Solar, IHI Corporation, Alstom Hydro, China Hydroelectric Corporation, ABB Ltd., Mitsubishi Heavy Industry, Enel Green Power, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global green power market trends along with the market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this Global Green Power Markert Report

  • What is the Global Green PowerMarket Size by 2025 and what would be the expected growth rate of the market?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the green power market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to green power market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on energy industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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