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    Renewable Energy Market Size

    ID: MRFR/E&P/0986-CR
    200 Pages
    Chitranshi Jaiswal
    July 2025

    Renewable Energy Market Research Report By Energy Source (Solar, Wind, Hydropower, Geothermal, Biomass), By Technology (Photovoltaic, Concentrated Solar Power, Onshore Wind Turbines, Offshore Wind Turbines, Hydroelectric Power Plants), By Application (Electricity Generation, Heating, Transportation, Cooling, Industrial Processes), By End Use (Residential, Commercial, Industrial, Utilities) and ...

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    Renewable Energy Market Infographic

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    Summary Table of Contents Segmentation Download PDF

    Renewable Energy Size

    Renewable Energy Market Growth Projections and Opportunities

    The global demand for energy is on the rise, and the diminishing reserves of non-renewable energy sources are steering the trajectory of the global renewable energy market. This market is propelled by harnessing natural elements like sunlight, geothermal power, wind, and biomass, which continuously replenish themselves. Projections indicate a substantial growth with a Compound Annual Growth Rate (CAGR) of 8.54% during the forecast period from 2018 to 2023.

    In 2017, Asia-Pacific took the lead in the global renewable energy market, capturing a substantial share of 34.12%, closely trailed by North America at 23.99% and Europe at 22.04%. The segmentation of the global renewable energy market is based on type, end-use, and region.

    Diving into types, the market is categorized into hydropower, wind energy, solar energy, bioenergy, geothermal energy, and ocean energy. Among these, the hydropower segment is anticipated to experience the fastest growth. This surge can be attributed to the escalating hydropower generation in countries like China and India. In 2018, hydropower secured a significant 26.25% share of the overall global renewable energy market.

    On the front of end-use, the global renewable energy market is segmented into industrial, residential, and commercial categories. In 2017, the industrial sector dominated with a substantial market share of 40.77%, closely followed by the residential segment, accounting for 35.18% of the market.

    The promising growth of the global renewable energy market is further underlined by the continuous depletion of traditional energy sources and the escalating global energy demand. As we traverse through the forecast period, the renewable energy sector is poised to witness considerable advancements, with hydropower emerging as a frontrunner in the race.

    In essence, the dynamics of renewable energy are being shaped by a global shift towards sustainable practices. The increasing recognition of the environmental impact of traditional energy sources and the urgent need for cleaner alternatives are steering the world towards embracing renewable energy solutions. With the market set to grow at a robust CAGR, the global renewable energy landscape is on the verge of transformative developments that will play a pivotal role in shaping the future of energy generation and consumption.

    As the world grapples with the challenges of depleting natural resources and the environmental consequences of conventional energy, the surge in the global renewable energy market presents an optimistic outlook. The strides made in hydropower, wind energy, solar energy, bioenergy, geothermal energy, and ocean energy underscore a collective effort towards a sustainable and eco-friendly energy future.

    In conclusion, the global renewable energy market is not just a market; it is a beacon of hope for a greener and more sustainable world. The increasing reliance on renewable sources signifies a fundamental shift in our approach to energy, one that is aligned with the urgent need for environmental conservation and responsible energy consumption. The future promises further growth, innovation, and a cleaner energy landscape that benefits both the planet and its inhabitants.

    Renewable Energy Market Size Graph

    Market Summary

    As per Market Research Future Analysis, the Renewable Energy Market was valued at 1219.00 USD Billion in 2024 and is projected to grow to 2880.72 USD Billion by 2035, reflecting a CAGR of 8.13% from 2025 to 2035. The market is driven by government initiatives, technological advancements, and increasing demand for clean energy solutions, with significant investments in solar, wind, and hydropower technologies.

    Key Market Trends & Highlights

    The Renewable Energy Market is experiencing transformative trends driven by sustainability efforts.

    • Solar energy is expected to grow from 120.0 USD Billion in 2024 to 300.0 USD Billion by 2035. Wind energy is projected to increase from 150.0 USD Billion in 2024 to 400.0 USD Billion by 2035. Hydropower is anticipated to rise from 130.0 USD Billion in 2024 to 250.0 USD Billion by 2035. Biomass is forecasted to grow from 43.61 USD Billion in 2024 to 150.0 USD Billion by 2035.

    Market Size & Forecast

    2024 Market Size USD 1219.00 Billion
    2035 Market Size USD 2880.72 Billion
    CAGR (2025-2035) 8.13%
    Largest Regional Market Share in 2024 APAC.

    Major Players

    <p>Key players include Iberdrola, EDP Renewables, NextEra Energy, Siemens Gamesa Renewable Energy, and Tesla.</p>

    Market Trends

    The Renewable Energy Market is undergoing substantial trends that are influenced by a variety of factors.

    <p>The transition towards renewable energy sources is accelerating, driven by technological advancements and increasing policy support aimed at achieving sustainability goals.</p>

    U.S. Department of Energy

    Renewable Energy Market Market Drivers

    Increasing Energy Demand

    The Global Renewable Energy Market Industry is experiencing a surge in energy demand driven by population growth and urbanization. As more individuals and businesses seek reliable energy sources, the transition to renewable energy becomes essential. In 2024, the market is valued at approximately 483.6 USD Billion, reflecting the urgent need for sustainable energy solutions. This demand is expected to escalate as countries strive to meet their energy needs while adhering to environmental regulations. The shift towards renewables not only addresses energy shortages but also aligns with global efforts to combat climate change, making it a pivotal driver in the industry.

    Market Growth Projections

    The Global Renewable Energy Market Industry is projected to experience substantial growth in the coming years. With a market valuation of 483.6 USD Billion in 2024, it is anticipated to reach 1199.7 USD Billion by 2035. This growth trajectory indicates a compound annual growth rate (CAGR) of 8.61% from 2025 to 2035. The increasing adoption of renewable energy technologies, coupled with supportive government policies and rising energy demand, is likely to drive this expansion. Such projections underscore the potential of the renewable energy sector to contribute significantly to global energy needs while addressing environmental concerns.

    Technological Advancements

    Technological advancements are transforming the Global Renewable Energy Market Industry, leading to increased efficiency and reduced costs. Innovations in solar panels, wind turbines, and energy storage systems are making renewable energy more accessible and viable. For example, the cost of solar photovoltaic systems has decreased significantly over the past decade, making solar energy a competitive alternative to fossil fuels. These advancements are likely to drive the market's compound annual growth rate (CAGR) of 8.61% from 2025 to 2035. As technology continues to evolve, the industry is expected to witness further enhancements, fostering greater adoption of renewable energy solutions.

    Government Policies and Incentives

    Government policies play a crucial role in shaping the Global Renewable Energy Market Industry. Many nations are implementing favorable regulations and incentives to promote renewable energy adoption. These include tax credits, subsidies, and renewable energy mandates that encourage investment in clean technologies. For instance, countries are setting ambitious targets for renewable energy generation, which is projected to contribute significantly to the market's growth. By 2035, the market is anticipated to reach 1199.7 USD Billion, driven by these supportive policies. Such initiatives not only stimulate economic growth but also enhance energy security and sustainability.

    Corporate Sustainability Initiatives

    The Global Renewable Energy Market Industry is increasingly influenced by corporate sustainability initiatives. Many companies are committing to renewable energy targets as part of their corporate social responsibility strategies. This trend is evident in various sectors, including technology, manufacturing, and retail, where organizations are investing in renewable energy projects to reduce their carbon footprints. Such commitments not only enhance brand reputation but also contribute to the overall growth of the renewable energy market. As more corporations prioritize sustainability, the demand for renewable energy solutions is likely to rise, further propelling the market forward.

    Public Awareness and Consumer Preferences

    Public awareness regarding climate change and environmental issues is significantly impacting the Global Renewable Energy Market Industry. As consumers become more informed about the benefits of renewable energy, their preferences are shifting towards sustainable options. This change in consumer behavior is prompting businesses to adopt renewable energy sources to meet market demands. The increasing popularity of green energy solutions is likely to drive the market's growth, as consumers actively seek products and services that align with their values. This heightened awareness and preference for sustainability are expected to play a vital role in shaping the future of the renewable energy market.

    Market Segment Insights

    Renewable Energy Market Energy Source Insights  

    <p>The Renewable Energy Market encompasses a variety of energy sources, each contributing significantly to the market’s growth and transition towards sustainable energy solutions.</p>

    <p>In 2024, the market for renewable energy sources is projected to be valued at 483.61 USD Billion. Among various sources, <a href="https://www.marketresearchfuture.com/reports/solar-energy-system-market-10957">solar energy</a> stands out with a valuation of 180.0 USD Billion, anticipated to grow to 450.0 USD Billion by 2035, showcasing its dominance and majority holding in the sector.</p>

    <p>The solar segment has been driven by increasing technological advancements and falling costs of photovoltaic systems, making it a preferred choice for both residential and commercial consumers.</p>

    Renewable Energy Market Technology Insights  

    <p>The Renewable Energy Market, particularly within the Technology segment, has been experiencing notable growth, with a total market valuation expected to reach 483.61 USD Billion in 2024.</p>

    <p>The continued expansion of various technologies such as <a href="https://www.marketresearchfuture.com/reports/photovoltaic-market-1061">Photovoltaic</a> systems, which harness solar energy, and <a href="https://www.marketresearchfuture.com/reports/concentrating-solar-power-market-2104">Concentrated Solar Power</a> technologies demonstrates significant advancements in efficiency and cost-effectiveness.</p>

    <p>Moreover, Onshore and <a href="https://www.marketresearchfuture.com/reports/offshore-wind-market-3284">Offshore Wind Turbines</a> represent powerful sources of energy generation, contributing to substantial capacity additions globally.</p>

    Renewable Energy Market Application Insights  

    <p>The Renewable Energy Market is experiencing substantial growth, particularly within the Application segment, which includes Electricity Generation, Heating, Transportation, Cooling, and Industrial Processes.</p>

    <p>By 2024, the overall market is projected to be valued at 483.61 USD Billion, reflecting a significant shift towards sustainable energy solutions.</p>

    <p>Electricity Generation is pivotal in this landscape, as it continues to be the leading application, addressing global energy demands through cleaner methods.</p>

    Renewable Energy Market End Use Insights  

    <p>The Renewable Energy Market is witnessing significant growth across various End Use areas, with a valuation of 483.61 USD Billion in 2024. The demand for renewable energy sources is rapidly increasing due to the global push for sustainability and energy independence.</p>

    <p>The market segmentation reveals that the Residential sector plays a vital role, as homeowners are increasingly adopting solar panels and energy-efficient technologies.</p>

    <p>The Commercial segment is also expanding, driven by businesses seeking to reduce carbon footprints and lower energy costs.</p>

    Get more detailed insights about Renewable Energy Market Research Report - Global Forecast to 2035

    Regional Insights

    The Renewable Energy Market is poised for substantial growth, with a market valuation projected at 483.61 USD Billion in 2024. Within this framework, North America leads the regional segmentation, commanding a valuation of 160.0 USD Billion, and is expected to become increasingly significant, reaching 400.0 USD Billion by 2035.

    Europe follows closely with a valuation of 150.0 USD Billion in 2024, forecasted to attain 350.0 USD Billion, driven by strong policy initiatives and investment in clean technologies.

    The Asia Pacific region is also noteworthy, with a current valuation of 120.0 USD Billion, anticipated to grow to 280.0 USD Billion, supported by rapid industrialization and urbanization efforts, making it a critical player in renewable energy deployment.

    South America, with 30.0 USD Billion in 2024, is projected to reach 80.0 USD Billion by 2035, showcasing its emerging potential in the sector.

    Finally, the Middle East and Africa segment, valued at 23.61 USD Billion in 2024, is anticipated to grow to 90.0 USD Billion, driven by increasing investments in sustainable projects, especially in solar energy.

    Each of these regions plays a crucial role in the overall dynamics of the Renewable Energy Market, reflecting varying degrees of investment, resource availability, and government support that drive market growth and adoption of renewable solutions.

    Renewable Energy Market Regional Insights  

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The competitive landscape of the Renewable Energy Market is dynamic and continually evolving, driven by a surge in demand for sustainable energy sources amid growing environmental concerns and legislative pressures.

    This market encompasses diverse technologies, including solar, wind, hydroelectric, and biomass, all vying for market share and position.

    As countries advance their renewable energy goals, various players are engaging in strategic collaborations, joint ventures, and innovative technology deployment to enhance their competitive edge.

    The competition is characterized by ongoing investments in research and development, implementation of advanced energy solutions, and a commitment to reducing carbon footprints, which are pivotal in influencing market dynamics.

    Players are also focusing on capturing emerging markets and expanding their global footprint, confront the challenges posed by traditional energy sources, and adapt to fluctuating policy frameworks presented by different regions.

    NextEra Energy stands out as a formidable competitor in the Renewable Energy Market, leveraging its extensive portfolio and robust operational capabilities.

    Positioned as a leader in wind and solar energy production, NextEra Energy capitalizes on its joint ventures and strategic collaborations to enhance its market share globally.

    The company's strength lies in its significant investments aimed at expanding renewable energy capacity, which have steadily increased over the years.

    Leveraging innovative technologies and proficient project execution, NextEra Energy ensures that it remains at the forefront of renewable energy advancements.

    Its commitment to sustainability inclusive of long-term environmental initiatives is integral to its market presence, and it actively engages in efforts that align with global climate targets, giving it a competitive advantage in addressing the energy transition.

    Enel SpA has established itself as a key player in the Renewable Energy Market, operating extensively across multiple regions and offering a broad range of renewable energy services.

    The company has a strong emphasis on solar, wind, and hydropower, being a diversified energy provider with a marked commitment to sustainable energy solutions.

    Enel SpA's strengths lie in its innovative approach to integrating digital technology into its renewable energy projects, enhancing operational efficiency and sustainability. The company has also pursued strategic mergers and acquisitions, which have enabled it to expand its market presence significantly.

    Its diverse portfolio of renewable energy assets, along with investments in energy efficiency and sustainability programs, positions Enel SpA as a crucial contributor to global renewable energy efforts, allowing it to respond effectively to the demands of both the market and regulatory environments while maintaining a strong competitive edge.

    Key Companies in the Renewable Energy Market market include

    Industry Developments

    • Q2 2024: Siemens Gamesa to build new wind turbine blade factory in New York Siemens Gamesa announced plans to construct a wind turbine blade manufacturing facility in New York, marking a significant investment in U.S. renewable energy infrastructure and supporting local job creation.
    • Q2 2024: NextEra Energy Partners Announces $1.1 Billion Acquisition of Renewable Energy Assets NextEra Energy Partners acquired a portfolio of wind and solar assets valued at $1.1 billion, expanding its renewable energy footprint across several U.S. states.
    • Q2 2024: BP and Equinor sign $1.3bn deal to develop US offshore wind projects BP and Equinor finalized a $1.3 billion agreement to jointly develop offshore wind projects in the United States, aiming to accelerate the transition to clean energy.
    • Q2 2024: Enel Green Power starts operations at 300 MW solar plant in Texas Enel Green Power commenced commercial operations at its new 300 MW solar power plant in Texas, further expanding its renewable energy generation capacity in the U.S.
    • Q2 2024: SunPower Raises $450 Million in Convertible Debt to Fund Solar Expansion SunPower secured $450 million in convertible debt financing to support the expansion of its residential and commercial solar business in North America.
    • Q2 2024: Vestas wins 500 MW wind turbine order from Pattern Energy Vestas received a 500 MW wind turbine order from Pattern Energy for a new wind farm project in the United States, strengthening its position in the U.S. wind market.
    • Q2 2024: TotalEnergies and Adani Green Energy form $600m Indian renewables partnership TotalEnergies and Adani Green Energy entered a $600 million partnership to jointly develop renewable energy projects in India, targeting significant capacity additions.
    • Q2 2024: Brookfield Renewable closes $2 billion acquisition of US solar developer Brookfield Renewable completed the $2 billion acquisition of a major U.S. solar project developer, expanding its renewable energy portfolio and project pipeline.
    • Q2 2024: First Solar to build new $1.1 billion manufacturing facility in Louisiana First Solar announced plans to invest $1.1 billion in a new solar panel manufacturing facility in Louisiana, expected to create hundreds of jobs and boost U.S. solar manufacturing capacity.
    • Q2 2024: Orsted secures $1.5 billion in green bond offering for offshore wind projects Orsted raised $1.5 billion through a green bond issuance to finance the development of new offshore wind projects in Europe and North America.
    • Q2 2024: Tesla launches new Megapack battery factory in Shanghai Tesla officially opened its new Megapack battery manufacturing facility in Shanghai, aiming to meet growing demand for grid-scale energy storage solutions in Asia.
    • Q2 2024: Iberdrola appoints new CEO to lead global renewables expansion Iberdrola named a new chief executive officer to drive its global renewable energy expansion strategy, focusing on wind, solar, and green hydrogen projects.

    Future Outlook

    Renewable Energy Market Future Outlook

    <p>The Global Renewable Energy Market is projected to grow at an 8.61% CAGR from 2025 to 2035, driven by technological advancements, regulatory support, and increasing energy demand.</p>

    New opportunities lie in:

    • <p>Invest in energy storage solutions to enhance grid reliability and efficiency. Develop innovative solar technologies to capture untapped market segments. Expand into emerging markets with tailored renewable energy solutions.</p>

    <p>By 2035, the market is expected to be robust, reflecting a strong commitment to sustainable energy solutions.</p>

    Market Segmentation

    Renewable Energy Market End Use Outlook

    • Residential
    • Commercial
    • Industrial
    • Utilities

    Renewable Energy Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Renewable Energy Market Technology Outlook

    • Photovoltaic
    • Concentrated Solar Power
    • Onshore Wind Turbines
    • Offshore Wind Turbines
    • Hydroelectric Power Plants

    Renewable Energy Market Application Outlook

    • Electricity Generation
    • Heating
    • Transportation
    • Cooling
    • Industrial Processes

    Renewable Energy Market Energy Source Outlook

    • Solar
    • Wind
    • Hydropower
    • Geothermal
    • Biomass

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 483.61(USD Billion)
    Market Size 2035 2880.72 (USD Billion)
    Compound Annual Growth Rate (CAGR) 8.13% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled NextEra Energy, Enel SpA, Brookfield Renewable Partners, General Electric, EDP Renewables, China Longyuan Power Group, Orsted, Suntech Power, Iberdrola, First Solar, Vestas Wind Systems, Acciona Energy, JinkoSolar, Siemens Gamesa Renewable Energy, Canadian Solar
    Segments Covered Energy Source, Technology, Application, End Use, Regional
    Key Market Opportunities Increased solar energy adoption, Expansion of wind power projects, Growth in energy storage solutions, Electrification of transportation sectors, Development of green hydrogen technology
    Key Market Dynamics increasing government regulations, technological advancements, growing consumer awareness, declining costs, investment in infrastructure
    Countries Covered North America, Europe, APAC, South America, MEA
    Market Size 2025 1318.13 (USD Billion)

    Market Highlights

    Author

    Chitranshi Jaiswal
    Research Analyst Level I

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the expected market size of the Renewable Energy Market by 2035?

    The Renewable Energy Market is expected to be valued at 1199.67 USD Billion by 2035.

    What is the compound annual growth rate (CAGR) for the Renewable Energy Market from 2025 to 2035?

    The Renewable Energy Market is expected to grow at a CAGR of 8.61% from 2025 to 2035.

    Which region is projected to have the largest market size in the Renewable Energy Market by 2035?

    North America is projected to have the largest market size, valued at 400.0 USD Billion by 2035.

    What is the expected market value for Solar energy within the Renewable Energy Market by 2035?

    The Solar segment is expected to be valued at 450.0 USD Billion by 2035.

    Who are the key players in the Renewable Energy Market?

    Some key players include NextEra Energy, Enel SpA, and General Electric.

    What is the projected market value of Wind energy in the Renewable Energy Market by 2035?

    The Wind energy segment is expected to reach 350.0 USD Billion by 2035.

    How much is the Hydropower segment expected to be worth in the Renewable Energy Market by 2035?

    The Hydropower segment is expected to be valued at 300.0 USD Billion by 2035.

    What growth opportunities exist in the Renewable Energy Market over the coming years?

    There are significant growth opportunities driven by increasing demand for sustainable energy solutions and technological advancements.

    What is the market size of the Asia Pacific region in the Renewable Energy Market by 2035?

    The Asia Pacific region is projected to reach a market size of 280.0 USD Billion by 2035.

    How much is the Biomass segment expected to be worth in the Renewable Energy Market by 2035?

    The Biomass segment is expected to be valued at 20.0 USD Billion by 2035.

    No Data Available

    Renewable Energy Market Segmentation

    Renewable Energy Market By Energy Source (USD Billion, 2019-2035)

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    Renewable Energy Market By Technology (USD Billion, 2019-2035)

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    Renewable Energy Market By Application (USD Billion, 2019-2035)

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    Renewable Energy Market By End Use (USD Billion, 2019-2035)

    Residential

    Commercial

    Industrial

    Utilities

    Renewable Energy Market By Regional (USD Billion, 2019-2035)

    North America

    Europe

    South America

    Asia Pacific

    Middle East and Africa

    Renewable Energy Market Regional Outlook (USD Billion, 2019-2035)

    North America Outlook (USD Billion, 2019-2035)

    North America Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    North America Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    North America Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    North America Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    North America Renewable Energy Market by Regional Type

    US

    Canada

    US Outlook (USD Billion, 2019-2035)

    US Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    US Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    US Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    US Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    CANADA Outlook (USD Billion, 2019-2035)

    CANADA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    CANADA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    CANADA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    CANADA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    Europe Outlook (USD Billion, 2019-2035)

    Europe Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    Europe Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    Europe Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    Europe Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    Europe Renewable Energy Market by Regional Type

    Germany

    UK

    France

    Russia

    Italy

    Spain

    Rest of Europe

    GERMANY Outlook (USD Billion, 2019-2035)

    GERMANY Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    GERMANY Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    GERMANY Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    GERMANY Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    UK Outlook (USD Billion, 2019-2035)

    UK Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    UK Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    UK Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    UK Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    FRANCE Outlook (USD Billion, 2019-2035)

    FRANCE Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    FRANCE Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    FRANCE Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    FRANCE Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    RUSSIA Outlook (USD Billion, 2019-2035)

    RUSSIA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    RUSSIA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    RUSSIA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    RUSSIA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    ITALY Outlook (USD Billion, 2019-2035)

    ITALY Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    ITALY Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    ITALY Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    ITALY Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    SPAIN Outlook (USD Billion, 2019-2035)

    SPAIN Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    SPAIN Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    SPAIN Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    SPAIN Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    REST OF EUROPE Outlook (USD Billion, 2019-2035)

    REST OF EUROPE Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    REST OF EUROPE Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    REST OF EUROPE Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    REST OF EUROPE Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    APAC Outlook (USD Billion, 2019-2035)

    APAC Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    APAC Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    APAC Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    APAC Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    APAC Renewable Energy Market by Regional Type

    China

    India

    Japan

    South Korea

    Malaysia

    Thailand

    Indonesia

    Rest of APAC

    CHINA Outlook (USD Billion, 2019-2035)

    CHINA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    CHINA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    CHINA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    CHINA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    INDIA Outlook (USD Billion, 2019-2035)

    INDIA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    INDIA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    INDIA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    INDIA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    JAPAN Outlook (USD Billion, 2019-2035)

    JAPAN Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    JAPAN Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    JAPAN Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    JAPAN Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    SOUTH KOREA Outlook (USD Billion, 2019-2035)

    SOUTH KOREA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    SOUTH KOREA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    SOUTH KOREA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    SOUTH KOREA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    MALAYSIA Outlook (USD Billion, 2019-2035)

    MALAYSIA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    MALAYSIA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    MALAYSIA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    MALAYSIA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    THAILAND Outlook (USD Billion, 2019-2035)

    THAILAND Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    THAILAND Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    THAILAND Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    THAILAND Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    INDONESIA Outlook (USD Billion, 2019-2035)

    INDONESIA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    INDONESIA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    INDONESIA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    INDONESIA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    REST OF APAC Outlook (USD Billion, 2019-2035)

    REST OF APAC Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    REST OF APAC Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    REST OF APAC Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    REST OF APAC Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    South America Outlook (USD Billion, 2019-2035)

    South America Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    South America Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    South America Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    South America Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    South America Renewable Energy Market by Regional Type

    Brazil

    Mexico

    Argentina

    Rest of South America

    BRAZIL Outlook (USD Billion, 2019-2035)

    BRAZIL Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    BRAZIL Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    BRAZIL Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    BRAZIL Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    MEXICO Outlook (USD Billion, 2019-2035)

    MEXICO Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    MEXICO Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    MEXICO Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    MEXICO Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    ARGENTINA Outlook (USD Billion, 2019-2035)

    ARGENTINA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    ARGENTINA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    ARGENTINA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    ARGENTINA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2035)

    REST OF SOUTH AMERICA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    REST OF SOUTH AMERICA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    REST OF SOUTH AMERICA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    REST OF SOUTH AMERICA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    MEA Outlook (USD Billion, 2019-2035)

    MEA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    MEA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    MEA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    MEA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    MEA Renewable Energy Market by Regional Type

    GCC Countries

    South Africa

    Rest of MEA

    GCC COUNTRIES Outlook (USD Billion, 2019-2035)

    GCC COUNTRIES Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    GCC COUNTRIES Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    GCC COUNTRIES Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    GCC COUNTRIES Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    SOUTH AFRICA Outlook (USD Billion, 2019-2035)

    SOUTH AFRICA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    SOUTH AFRICA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    SOUTH AFRICA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    SOUTH AFRICA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

    REST OF MEA Outlook (USD Billion, 2019-2035)

    REST OF MEA Renewable Energy Market by Energy Source Type

    Solar

    Wind

    Hydropower

    Geothermal

    Biomass

    REST OF MEA Renewable Energy Market by Technology Type

    Photovoltaic

    Concentrated Solar Power

    Onshore Wind Turbines

    Offshore Wind Turbines

    Hydroelectric Power Plants

    REST OF MEA Renewable Energy Market by Application Type

    Electricity Generation

    Heating

    Transportation

    Cooling

    Industrial Processes

    REST OF MEA Renewable Energy Market by End Use Type

    Residential

    Commercial

    Industrial

    Utilities

     

     

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