PUBLISHER: BCC Research | PRODUCT CODE: 1708108
PUBLISHER: BCC Research | PRODUCT CODE: 1708108
The global market for renewable energy is estimated to increase from $1.3 trillion in 2024 to reach $2.0 trillion by 2029, at a compound annual growth rate (CAGR) of 8.7% from 2024 through 2029.
The Asia-Pacific market for renewable energy is estimated to increase from $603.9 billion in 2024 to reach $1.0 trillion by 2029, at a CAGR of 11.2% from 2024 through 2029.
The European market for renewable energy is estimated to increase from $388.2 billion in 2024 to reach $531.7 billion by 2029, at a CAGR of 6.5% from 2024 through 2029.
This report analyzes the global renewable energy technologies market and its market dynamics. The market size has been provided in value ($ millions) and volume (gigawatts). It includes a discussion of the technological, competitive and economic trends affecting the market. This report covers the major renewable energy sources as primary fuels: hydroelectric, wind, solar, geothermal, ocean energy and bioenergy.
The report briefly covers renewable energy technologies and their sub-segments. The global market has been analyzed in terms of technology, application and region. The regional market has been further segmented based on technology and renewable energy installed capacity in 19 countries spanning five regions. It concludes with detailed profiles of 15 vendors operating in the global renewable energy technologies market. This report deals only with power generation through renewable resources and thus does not focus on other applications of renewable resources. It does, however, provide essential data on applications, such as heating and lighting.