A recent report published by Infinium Global Research on the green power market provides an in-depth analysis of segments and sub-segments in the global as well as regional green power market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional green power market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global green power market. According to the report, the global green power market is projected to grow at a CAGR of 8.4% over the forecast period of 2019-2025.
The leading players in the global green power market are Yingli Solar, FHP Bosch Group, Aquatherm Industries, Inc., Siemens AG, General Electric Company, Earthlinked Technologies Inc., Ormat Technologies, Inc., Canadian Solar Inc., Trina Solar Limited, Arka Green Power Pvt. Ltd., and other companies. Companies are adopting strategies such as merger, acquisition and new product launches that stimulate the market share expansions.
The rising government initiatives for the availability of green power drive the growth of the green power market. The increasing awareness about the use of environment-friendly sources of energy such as wind, solar, and others contribute to the growth of the green power market. The integration of renewable energy with equipment installations propels the growth of the green power market. Population growth, urbanization, and industrializations stimulate the growth of the green power market. The depletion of conventional reserves and growing concern for climatic change contribute to the growth of the green power market. Green power offers a proper balance of environment stability and economic development. On the flip side, the low cost of utility default service and the number of entry barriers for new entrants restraint the growth of the green power market. Moreover, the development of solar parks and increasing awareness about the importance of using renewable energy sources creates numerous opportunities for the growth of the green power market.
Based on geography, the global green power market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific is anticipated to hold a premium share in the global green power market. India and China are using green power as the main source of energy source. North America is expected to grow in the global green power market with a healthy CAGR over the forecast period. The increasing awareness of green power in North America contributes to the growth of the green power market in North America. Europe is showing growth in the global green power market.
The report on global green power market covers segments such as energy resources and equipment type. On the basis of energy resources, the sub-markets include solar, wind, biomass, and small hydropower. On the basis of equipment type, the sub-markets include solar energy equipment, wind energy equipment, geothermal energy equipment, and hydropower energy equipment.
The report provides profiles of the companies in the market such as Yingli Solar, FHP Bosch Group, Aquatherm Industries, Inc., Siemens AG, General Electric Company, Earthlinked Technologies Inc., Ormat Technologies, Inc., Canadian Solar Inc., Trina Solar Limited, Arka Green Power Pvt. Ltd., and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the green power market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Get free analyst support for the queries before and post purchasing report.
Be assured of 100% customer satisfaction about the research and get 24X7 customer support.
Infinium has achieved over 400%+ growth in its repository and revenue over the last 2 years. Yes, we are proud to say we are growing at a great pace and becoming a trusted partner among our clients.
sign up for our newsletter
Infinium Global Research © 2019 All Rights Reserved