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Oct 9, 2019 10:29 AM ET

Green Energy Market to Experience Significant Growth 2027 - Top Companies ABB, General Electric, Geronimo Energy, Invenergy, Geronimo Energy and Xcel Energy


iCrowd Newswire - Oct 9, 2019

The rising demands for energy, energy sustainability, as well as GHG impacts of conservative sources of energy have augmented the application of renewable energy sources globally. The government support, regulations, policies, and investments in this sector are increasing the demand of green energy market. The different types of green energy covered in this report are hydroelectric power, wind power, bioenergy, solar energy, and geothermal energy.

The lower greenhouse gas emissions, increasing investments in hydro power, as well as long life of power unit produced by solar energy are the major drivers for the growth of green energy market. The substantial growth in biodiesel initiatives and enhanced focus towards the geothermal systems (EGS) is creating opportunities for the green energy market in the coming years.

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Top Dominating Key Players:

1. ABB Ltd.
2. Acciona, S.A.
3. Électricité de France S.A.
4. Enel Spa (Enel)
5. General Electric (GE)
6. Geronimo Energy
7. Innergex Renewable Energy Inc.
8. Invenergy, LLC
9. The Tata Power Company Limited (Tata Power)
10. Xcel Energy Inc.

The global green energy market is segmented on the types, and application. Based on types, the market is segmented into hydroelectric power, wind power, bioenergy, solar energy, and geothermal energy. Similarly, on the basis of applications the market is bifurcated into residential, commercial, industrial, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Green energy market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Green energy market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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The report analyzes factors affecting green energy market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis across various regions namely: North America, Asia-Pacific, Europe, Middle East and Africa, and South America.

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Keywords:    Green Energy Market, Green Energy Market Size, Green Energy Market Forecast, Green Energy Market Growth, Green Energy

Tags:    Research Newswire, English