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Green Power Market

The green power market in Asia-Pacific region is also driven by the rise in Electric vehicle market, especially China. Moreover, the growth<br>in green power market, according to BP Statistical Review of World Energy 2020, was largely driven by China as the green power sector<br>saw tremendous growth in the country. In-addition, several countries in Europe region such as Sweden, Denmark, Scotland, and Germany<br>are close to their targets of switching to green sources and are ranked in top 11 countries leading the change, according to Climate<br>Council of Australia.

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Green Power Market

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  1. Opportunity Analysis and Industry Forecast, 2016-20237 Green Power Market by Power Source and End-Use Sector: Global Opportunity Analysis and Industry Forecast, 2020-2027 • Pages: 255 Tables: 169 Charts:72

  2. Global Green Power Market Outlook (2020 – 2027) • Top Impacting Factors: • The green power market was valued at $41.1 billion in 2019 and is anticipated to generate $103.5 billion by 2027. The market is projected to experience growth at a CAGR of 12.3% from 2020 to 2027. • The buildings and industrial sectors are expected to consume more energy during the forecast period in Asia-Pacific. • The shift in trend toward the use of localized energy procurements has been witnessed in recent years. • Various government bodies in countries, such as India, have taken the advantage of community choice aggregation (CCA) policies, which permit governments to procure green power resources on behalf of their constituents while retaining their existing electricity providers for transmission and distribution services. • Pages: 255 Tables: 169 Charts:72

  3. Global Green Power Market Outlook (2020 – 2027) • The global green power industry is segmented into power source, end-use sector, and region. Based on power source, the market is divided into wind, solar, low impact hydro, biomass, and others. • The wind segment dominated the market in 2019 while the solar segment is expected to grow at a higher CAGR during the forecast period. Based on the end-use sector, the market is categorized into transport, industrial, non-combustible, buildings, and others. • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • Pages: 255 Tables: 169 Charts:72

  4. Global Green Power Market Outlook (2020 – 2027) • Key Findings of The Green Power Market : • The green power market size is provided in terms of revenue. • By region, Asia-Pacific is projected to grow at the highest CAGR of approximately 12.8%, in terms of revenue, during the forecast period. • By power source, the solar segment is anticipated to grow with CAGR 12.7%, in terms of revenue, during the forecast period. • By end-use sector, the buildings and industrial dominated the market with a revenue share of over 40.0% and 22.0% in 2019.The report provides a comprehensive analysis of the factors that drive and restrain the green power market growth. • The qualitative data in this report aims at the market trends, dynamics, and developments in the green power market. • The green power market forecast and estimations are based on factors impacting • the market growth. • Pages: 255 Tables: 169 Charts:72

  5. The key players profiled in the report include: • NextEra Energy, Inc. • Adani Green Energy Limited • Tata Power • GE Renewable Energy • Siemens • Gamesa Renewable Energy • JinkoSolar Holding Co. Ltd • Orsted A/S • Iberdrola SA • Suzlon Energy • Limited Global Green Power Market Outlook (2020 – 2027) • Pages: 255 Tables: 169 Charts:72

  6. Global Green Power Market Outlook (2020 – 2027) Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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