Press release
Clean and Renewable Energy Market projected to grow at CAGR of 23.6% by 2031 | JinkoSolar Holding Co, Orsted A/S, NextEra Energy Inc, Iberdrola SA, ABB, Xcel Energy
The Global Clean and Renewable Energy Market in terms of revenue was estimated to be worth USD XX billion in 2023 and is poised to grow at a CAGR of 23.6% from 2024 to 2031.
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Top Key Players Profiled in This Report:
JinkoSolar Holding Co, Orsted A/S, NextEra Energy Inc, Iberdrola SA, ABB, Xcel Energy Inc, EDF National Grid Renewables, The Tata Power Company Limited, Vestas Wind Systems and other prominent players.
The increasing demand for solar photovoltaic, wind turbines, micro wind technology, heat pumps, biomass boilers, and other renewable energy generators is driving the growth of clean and renewable energy market. Also, with the rising concerns related to climate change including amplified carbon footprint and global warming, several governments of developed and developing economies are taking various initiatives to shift towards clean and green energy production.
The clean and renewable energy industry is expanding due to the rising demand for biomass boilers, heat pumps, wind turbines, solar photovoltaic systems, heat pumps, and other renewable energy producers. Additionally, a number of governments in developed and developing nations are implementing various measures to move towards the generation of clean and green energy due to growing worries about climate change, including elevated carbon footprints and global warming As per the US Department of Energy and the US Environmental Protection Agency, the US government initiated the National Action Plan for Energy Efficiency as a private-public endeavour to establish a robust and long-lasting national pledge towards energy efficiency by 2025.
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Clean and Renewable Energy Market Segmentation by Type:
• Hydroelectric Power
• Wind Power
• Bio Energy
• Solar Energy
• Geothermal Energy
• Others
Clean and Renewable Energy Market Segmentation by Application:
• Power Generation
• Heating/Cooling
• Transportation
• Rural Electrification
• Desalination
• Others
Clean and Renewable Energy Market Segmentation by End-Use:
• Residential
• Commercial
• Industrial
• Others
Clean and Renewable Energy Market by Regions:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Reasons for buying this report:-
• It offers an analysis of changing competitive scenario.
• For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
• It offers seven-year assessment of Clean and Renewable Energy Market.
• It helps in understanding the major key product segments.
• Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
• It offers regional analysis of Clean and Renewable Energy Market along with business profiles of several stakeholders.
• It offers massive data about trending factors that will influence the progress of the Clean and Renewable Energy Market.
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