This report provides exclusive insights into the COVID-19 impact on the Green Power Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Green Power Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Green Power Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
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
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.