Global Renewable Energy Market 2025 - 2030: Market Trends

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The Global Renewable Energy Market size was valued at around USD 1080 billion in 2024 and is projected to reach USD 1918 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12.17% during the forecast period, i.e., 2025-30.   

Global Renewable Energy Market Driver:

Rising Energy Security Concerns to Drive Market Growth – In today’s world, being energy-dependent is a serious threat to the nation’s economy. The conventional energy sources being limited to some parts of the globe disturbed the balance of power & income between nations. Therefore, a crucial need for upgrading and transitioning to new energy sources arose. Nations with low reserves of fossil fuels have been the first to deploy renewable energy in their existing power grids. Countries such as China and India have rapidly increased the share of renewables, especially solar, in their energy mix, helping in the steady addition of global renewable energy capacity each year. As per the IEA, in 2023 alone, approximately 510 GW was added to the existing capacity, which is estimated to be an increase of about 50% in contrast with that of 2022. For this, the countries have extended support to the private players in terms of policy support, financial support, etc., which has been fueling the market size & volume of renewable energy globally. For Instance,

·       In 2023, the Indian government aimed to invest nearly USD 4.3 billion for its energy security goals and green energy transition plans.

Download a free sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/renewable-energy-market.html

 

Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

 

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Browse Full Report including (TOC+ List of Table and Figures): https://www.marknteladvisors.com/research-library/renewable-energy-market.html

Global Renewable Energy Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

  • By Source
    • Solar – Market Size & Forecast, 2020-2030, MWh
    • Wind – Market Size & Forecast, 2020-2030, MWh
    • Hydro – Market Size & Forecast, 2020-2030, MWh
    • Others (Biomass, geothermal, etc.) – Market Size & Forecast, 2020-2030, MWh
  • By End User
    • Residential – Market Size & Forecast, 2020-2030, MWh
    • Commercial – Market Size & Forecast, 2020-2030, MWh
    • Industrial – Market Size & Forecast, 2020-2030, MWh
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Iberdrola, Siemens Gamesa, Ørsted A/S, NextEra Energy, Inc., EDf Renewable, General Electric, Vestas, Acciona, S.A., Canadian Solar, Enel Green Power SpA, Lightsource BP, Adani Green Energy Ltd., Tata Power Renewables, Enterprize Energy, JSW Energy, and others

Have questions? Our consultant is ready to assist: https://www.marknteladvisors.com/query/talk-to-our-consultant/renewable-energy-market.html

We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.

From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Us

MarkNtel Advisors

Email: sales@marknteladvisors.com

Website: www.marknteladvisors.com

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