Renewable Energy: Technologies and Global Markets

Report Code: EGY049E

Publish Date: Jun 2022

Publisher: BCC Publishing

Category: Energy

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Report Highlights

The global renewable energy market should reach $1,500 billion by 2027 from $932.3 billion in 2022 at a compound annual growth rate (CAGR) of 10.0% for the forecast period of 2022 to 2027.

Report Includes

  • 150 data tables and 74 additional tables
  • An up-to-date review and analysis of the global markets for renewable energy (or green energy) technologies
  • Analyses of the global market trends, with data from 2021, estimates for 2022 and projections of compound annual growth rates (CAGRs) through 2027
  • Evaluation and forecast the global renewable energy market size both in value and volumetric terms, and corresponding market share analysis by type of energy, technology, application and region
  • Discussion of the major sources of renewable energy as primary fuels, including hydroelectric, wind, solar, liquid biofuels for transportation, geothermal and oceanic sources (wave, tidal and thermal)
  • Highlights of market potential for renewable energy technologies, opportunities and gaps estimating current and future demand, and COVID-19 implications on the progress of this market
  • Assessment of the impact on the renewable energy technologies market brought about by the surging global demand for energy, the impact of climate change on alternative fuels, improvements in technology and the availability of new materials
  • Emphasis on the factors influencing the demand for renewable energy, economics and cost implications for solar PV installation, and government regulations for energy policy and taxation
  • Review of the patents granted for innovations in renewable energy technology and assessment of new developments within the industry
  • Insight into the competitive landscape for key market participants in the renewable energy industry
  • Descriptive company profiles of the leading global players, including ABB Ltd., Fuji Electric Co. Ltd., Hitachi Ltd., Mitsubishi Heavy Industries Ltd. and Toshiba Corp.

Report Scope

This report covers the major sources of renewable energy as primary fuels: hydroelectric, wind, solar, geothermal, oceanic sources (wave, tidal and thermal), and bioenergy. This study is helpful for both renewable technology and material suppliers and power generation companies that produce power through renewable resources. It will be beneficial for companies making decisions such as estimating the market demand for technologies and materials, making expansion and upgrade plans for existing facilities, deciding on investments in renewable energy sectors, etc.

This report deals intensively with power generation through renewable resources and therefore does not focus on other applications of renewable resources. However, it provides essential data on applications such as heating and lighting.

The scope of this report is intentionally broad. We cover the major sources of renewable energy as primary fuels—hydroelectric, wind, solar, geothermal, oceanic sources (wave, tidal and thermal), bioenergy, and focus on liquid biofuels for transportation. There is no shortage in the marketplace of reports on each source. However, what the existing marketplace lacks and what this report intends to provide is a global perspective that places each source in a relevant context for decision-makers in both the public and private sectors.

In particular, this report includes:

  • An overview of the global market for renewable energy and technologies.
  • Analyses of global market trends, with data from 2019 to 2021 and projections through 2027.
  • Coverage of the major renewable energy sources as primary fuels, including hydroelectric, wind, solar, geothermal, oceanic (wave, tidal and thermal) and bioenergy.
  • Examination of the impact on the renewable energy market brought about by surging global demand for energy, the impact of climate change on alternative fuels, improvements in technology and the availability of new materials.
  • Comprehensive profiles of major players in the various renewable energy fields and technology patents.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $850.1 billion
Market size forecast $1,500.0 billion
Growth rate CAGR of 10.0% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered technology, application, and region
Regions covered North America, Europe, Asia-Pacific, South America, and Middle East & Africa (MEA)
Countries covered U.S., Mexico, Canada, China, India, Japan, Thailand, Australia, New Zealand, Oceania, Argentina, Brazil, Chile, Colombia, Paraguay, Venezuela, France, Germany, Italy, Austria, Norway, Spain, U.K., Sweden, Africa, and Iran
Companies studied
JINKOSOLAR HOLDING CO. LTD.HYUNDAI HEAVY INDUSTRIES CO. LTD.
ABBANDRITZ AG
BABCOCK & WILCOX ENTERPRISES INC.FUJI ELECTRIC CO. LTD.
GENERAL ELECTRICHITACHI LTD.
MITSUBISHI HEAVY INDUSTRIES LTD.SIEMENS
TOSHIBA CORP.FIRST SOLAR INC.
CANADIAN SOLAR INC.ACCIONA
BP P.L.C.RWE
HANWHA QCELLSJA SOLAR PV TECHNOLOGY CO. LTD.
KYOCERA CORP.MOTECH INDUSTRIES INC.
SCHOTT SOLAR CSP LLC.SHARP CORP.
SOLAR FRONTIERSUNPOWER CORP.
TRINA SOLAR CO. LTD.WUXI SUNTECH POWER CO. LTD.
YINGLI SOLARAGDER ENERGI
BC HYDRO AND POWER AUTHORITYCENTRAIS ELETRICAS BRASILEIRAS S.A. (ELETROBRAS)
CHINA HUADIANCHINA YANGTZE POWER CO. LTD.
DUKE ENERGY CORP.GEORGIA POWER CO.
HYDRO GREEN ENERGYHYDRO-QUEBEC
ONTARIO POWER GENERATION INC.RUSHYDRO
SHAOYANG HENGYUAN ZIJIANG HYDROELECTRIC EQUIPMENT CO. LTD.STAT KRAFT AS
VOITH AGENERCON GMBH
NORDEX SE(XINJIANG) GOLDWIND SCIENCE AND TECHNOLOGY
AMYRIS BIOTECHNOLOGIES INC.ARCHER-DANIELS-MIDLAND CO.
BIOJET CORP.BLUEFIRE RENEWABLES
COSANGREEN PLAINS RENEWABLE ENERGY INC.
GREENSHIFT CORP.GUSHAN ENVIRONMENTAL ENERGY
POET LLC.RENTECH INC.
SAPPHIRE ENERGY INC.SOLAZYME INC.
SUSTAINABLE OILSSYNATA BIO (COSKATA)
THORNEY TECHNOLOGIES LTD.VALERO ENERGY CORP.
ALTAROCK ENERGY INC.CALPINE CORP.
CHEVRON CORP.COMISIÓN FEDERAL DE ELECTRICIDAD
ENEL S.P.A.ENERGY DEVELOPMENT CORP.
MERCURY NZ LTD. (MIGHTY RIVER POWER)ORMAT TECHNOLOGIES INC.
REYKJAVIK ENERGY (ORKUVEITA REYKJAVÍKUR)ANDRITZ HYDRO HAMMERFES
AQUAMARINE POWERAW-ENERGY
AWS OCEAN ENERGY LTD.BIOPOWER SYSTEMS PTY LTD.
CARNEGIE WAVE ENERGYOCEAN POWER TECHNOLOGIES
PELAMIS WAVE POWERRENEWABLE ENERGY HOLDINGS
SEABASED ABSIMEC ATLANTIS ENERGY (MARINE CURRENT TURBINES)
SYNCWAVE ENERGY INC.WAVE STAR ENERGY
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Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Renewable Energy: Technologies and Global Markets429Free
Chapter- 1: Introduction8Free
Chapter- 2: Summary and Highlights3Free
Chapter- 3: Global Renewable Energy Market Overview23Free
Chapter- 4: Solar Power Market60Free
Chapter- 5: Wind Power Market26Free
Chapter- 6: Geothermal Power Market29Free
Chapter- 7: Hydroelectric Power Market28Free
Chapter- 8: Ocean Energy Market38Free
Chapter- 9: Bioenergy Market37Free
Chapter- 10: Renewable Energy Market by Region22Free
Chapter- 11: Factors Influencing Demand for Renewable Energy18Free
Chapter- 12: Government Regulations23Free
Chapter- 13: Challenges to the Adoption of Renewable Energy5Free
Chapter- 14: Patent Review/New Developments11Free
Chapter- 15: Competitive Landscape5Free
Chapter- 16: Company Profiles77Free
Chapter- 17: Renewable Energy Ministries11Free
Chapter- 18: Appendix: Glossary5Free
Published - Jul-2019| Analyst - Tribhuvan Pratap (T.P.) Singh| Code - EGY049D

Report Highlights

The global market for renewable energy (excluding biofuels) should grow from $636.1 billion in 2018 to reach $855.2 billion by 2023 at a compound annual growth rate (CAGR) of 6.1% for the period of 2018-2023.

Report Includes

  • 132 data tables
  • An overview of the global market for renewable energy and related applications and technologies
  • Analyses of global market trends, with data from 2017 to 2018, and projections of CAGRs through 2023
  • Coverage of the major sources of renewable energy as primary fuels, including hydroelectric, wind, solar, liquid biofuels for transportation, geothermal, and oceanic sources (wave, tidal and thermal)
  • Examination of the impact on the renewable energy market brought about by the surging global demand for energy, the impact of climate change on alternative fuels, improvements in technology, and the availability of new materials
  • Information on how each source of renewable energy may employ differing technologies, have differing constraints, and offer different possibilities to different classes of users
  • Comprehensive profiles of major players in the field, including Alstom Power, Bharat Heavy Electricals Ltd., General Electric, Hitachi and Toshiba Corp.
Published - Sep-2015| Analyst - Maya Agnani| Code - EGY049C

Report Highlights

In terms of revenue, the global renewable energy market (excluding biofuels) reached $432.7 billion in 2013 and $476.3 billion in 2014. This market is expected to increase to $777.6 billion in 2019, with a compound annual growth rate (CAGR) of 10.3% from 2014 to 2019.

Report Includes

  • An overview of the global market for renewable energy and related applications and technologies.
  • Analyses of global market trends, with data from 2013 and 2014, and projections of CAGRs through 2019.
  • Coverage of the major sources of renewable energy as primary fuels including: hydroelectric, wind, solar, liquid biofuels for transportation, geothermal, and oceanic sources (wave, tidal and thermal).
  • Examination of the impact on the renewable energy market brought about by the surging global demand for energy, the impact of climate change on alternative fuels, improvements in technology, and the availability of new materials.
  • Information on how each source of renewable energy may employ differing technologies, have differing constraints, and offer different possibilities to different classes of users.
  • Comprehensive profiles of major players in the field.
Published - Sep-2010| Analyst - Thomas Fuller| Code - EGY049B

Report Highlights

  • BCC Research projects continued capacity growth of renewable energy.  The global renewable energy market is valued at $224 billion in 2010 and is expected to reach $331 billion by 2015, a compound annual growth rate (CAGR) of 8.1%.
  • Hydroelectric power contributes a significant percentage of global electricity. This sector is worth an estimated $62 billion in 2010 and is projected to reach nearly $74 billion in 2015, a compound annual growth rate (CAGR) of 3.5%.
  • Solar energy will experience the most dramatic growth over the forecast period. This sector is valued at $44 billion in 2010 and should reach $97 billion by 2015, a compound annual growth rate (CAGR) of 17%.
Published - Jun-2004| Analyst - Michael Kujawa| Code - EGY049A

Report Highlights

  • The value of renewable energy projects worldwide was close to $22.3 billion in 2003 and is expected to rise at an average annual growth rate (AAGR) of 13.2% through 2008, to more than $41.4 billion.
  • in excess of 1.2 MW each and minimum wind farm capacities are 20 MW.
  • 2008, an 8.9% AAGR, with revenues climbing to $10.6 billion.
  • increase to $6.0 billion in 2008.

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Renewable Energy: Technologies and Global Markets
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