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    US Renewable Energy Market

    ID: MRFR/E&P/16549-HCR
    100 Pages
    Garvit Vyas
    September 2025

    US Renewable Energy Market

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    US Renewable Energy Market Infographic
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    US Renewable Energy Market Summary

    The US Renewable Energy Outlook market is projected to experience substantial growth over the next decade.

    Key Market Trends & Highlights

    US Renewable Energy Outlook Key Trends and Highlights

    • The market valuation is expected to rise from 235.94 USD Billion in 2024 to 541.32 USD Billion by 2035.
    • The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 7.84 percent.
    • This growth trajectory suggests a robust expansion in renewable energy investments across the United States.
    • Growing adoption of renewable technologies due to increasing environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 235.94 (USD Billion)
    2035 Market Size 541.32 (USD Billion)
    CAGR (2025 - 2035) 7.84%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US Renewable Energy Market market include

    FAQs

    What is the expected market size of the US Renewable Energy Market in 2024?

    The US Renewable Energy Market is expected to be valued at 128.0 billion USD in 2024.

    How much is the US Renewable Energy Market projected to grow by 2035?

    By 2035, the market is projected to grow to a value of 330.0 billion USD.

    What is the anticipated CAGR for the US Renewable Energy Market from 2025 to 2035?

    The anticipated CAGR for the US Renewable Energy Market from 2025 to 2035 is 8.992%.

    What are the major types of renewable energy being utilized in the US market?

    The major types include Hydropower, Wind Energy, Solar Energy, Bioenergy, and Geothermal Energy.

    Which type of renewable energy will have the largest market share in 2035?

    By 2035, Solar Energy is expected to have the largest market share, valued at 90.0 billion USD.

    What is the market size for Hydropower in 2024?

    The Hydropower market size is expected to reach 30.0 billion USD in 2024.

    What is the expected value of Wind Energy in 2035?

    Wind Energy is expected to be valued at 62.0 billion USD by 2035.

    Who are some of the major players in the US Renewable Energy Market?

    Major players include Clearway Energy, Enphase Energy, Duke Energy, and NextEra Energy.

    What is the projected market size for Bioenergy in 2035?

    The projected market size for Bioenergy in 2035 is 50.0 billion USD.

    What growth opportunity exists in the US Renewable Energy Market?

    Significant growth opportunities exist in the increasing demand for sustainable energy solutions and technologies.

    US Renewable Energy Market Research Report — Forecast till 2035 Infographic
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