Clean energy is energy that comes from renewable, zero-emission sources that do not pollute the atmosphere when used, as well as energy saved by energy efficiency measures. The global Clean Energy market is expected to rise at a considerable rate in the forecast period.
Growth in industrialization across the world has created innovative technologies that have a major and positive effect on human life. Upsurge in the rates of pollution, environmental issues, and human health has urged the need for maximizing the energy production of cleaner energy sources. Additionally, the high rate of pollution owing to burning conventional fuels such as petroleum and coal can be reduced by the growing utilization of cleaner energy sources. All these noteworthy factors are creating huge demand from the global Clean Energy market.
Furthermore, Strict rules by government organizations such as Environmental Protection Agency (EPA) and International Maritime Organization (IMO) against carbon emissions are the prime factor that boosts the growth of the Clean Energy market. Additionally, the support from the governments in the form of subsidies and tax benefits on the utilization of clean energy, this factor further positively effecting the deployment of clean energy technologies.
On the other hand, factors such as lack of awareness about the benefits of clean energy and lack of aftermarket services for repairing clean energy equipment such as solar panels and wind turbines are hampering the growth of the global Clean Energy market.
Covid-19 Impact on Clean Energy Market
As around one-third of the global population is staying indoors owing to nationwide lockdown, stay-at-home orders, and restrictions on movement, the energy demand has sharply dipped. By the end of 2020, approximately, a decline in 5% of the energy demand was been recorded. Also, waning in corresponding gas and oil demands of 4% and 9%, respectively were registered in 2020. Currently, the energy market is at a historic low with surplus supplies. However, the situation is expected to ease up with a lift in lockdown restrictions and end-use industries start operating with great efficiencies.
Clean Energy Market Segment Overview
Based on the Industries, Solar Power is the largest segment in the global Clean Energy market. Solar energy is used worldwide and is increasingly popular for generating electricity or heating and desalinating water. Solar power is generated in two main ways: Photovoltaics (PV) and Concentrated solar power (CSP). Photovoltaics also called solar cells, are electronic devices that convert sunlight directly into electricity. Today, PV is one of the fastest-growing renewable energy technologies and is ready to play a major role in the future global electricity generation mix. In addition to this, Solar PV installations can be combined to provide electricity on a commercial scale, or arranged in smaller configurations for mini-grids or personal use. Moreover, Concentrated solar power (CSP), uses mirrors to concentrate solar rays. These rays heat fluid, which creates steam to drive a turbine and generate electricity. CSP is used to generate electricity in large-scale power plants.
Clean Energy Market, By Industries
· Bio Fuels
· Wind Power
· Solar Power
Clean Energy Market, By End Users
· Power Generation
· Industrial
· Transportation
· Commercial Sectors
Clean Energy Market Regional Overview
In terms of region, North America and Europe are the prominent regions in the global Clean Energy market. Further, the Asia Pacific and the Rest of the World (RoW) are showing substantial growth in the clean energy sector. Countries such as China, India, Australia, and Brazil are boosting the value chain for clean energy. Additionally, India and China are expected to witness considerable profits in the global clean energy market. This is because of increasing manufacturing output which rises the demand for clean energy technologies. In addition, China has supported clean transport technologies to improve urban air quality. Currently, India is focusing on-grid and line loss applications to improve the value chain for clean energy technologies.
Clean Energy Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Clean Energy Market, Key Players
· Amereco Biofuels Corp.
· Diversified Energy Corporation
· Suntech Power Co. Ltd.
· First Solar Inc.
· GE Energy
· Suzlon Group
· Pure Earth Energy Resources LLC.
· Siemens Wind Power
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Clean Energy Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Industries
- 5.2.1. Bio Fuels
- 5.2.2. Wind Power
- 5.2.3. Solar Power
- 5.3. Market Analysis, Insights and Forecast – By End Users
- 5.3.1. Power Generation
- 5.3.2. Industrial
- 5.3.3. Transportation
- 5.3.4. Commercial Sectors
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Clean Energy Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Industries
- 6.2.1. Bio Fuels
- 6.2.2. Wind Power
- 6.2.3. Solar Power
- 6.3. Market Analysis, Insights and Forecast – By End Users
- 6.3.1. Power Generation
- 6.3.2. Industrial
- 6.3.3. Transportation
- 6.3.4. Commercial Sectors
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Clean Energy Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Industries
- 7.2.1. Bio Fuels
- 7.2.2. Wind Power
- 7.2.3. Solar Power
- 7.3. Market Analysis, Insights and Forecast – By End Users
- 7.3.1. Power Generation
- 7.3.2. Industrial
- 7.3.3. Transportation
- 7.3.4. Commercial Sectors
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Clean Energy Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Industries
- 8.2.1. Bio Fuels
- 8.2.2. Wind Power
- 8.2.3. Solar Power
- 8.3. Market Analysis, Insights and Forecast – By End Users
- 8.3.1. Power Generation
- 8.3.2. Industrial
- 8.3.3. Transportation
- 8.3.4. Commercial Sectors
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Clean Energy Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Industries
- 9.2.1. Bio Fuels
- 9.2.2. Wind Power
- 9.2.3. Solar Power
- 9.3. Market Analysis, Insights and Forecast – By End Users
- 9.3.1. Power Generation
- 9.3.2. Industrial
- 9.3.3. Transportation
- 9.3.4. Commercial Sectors
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Amereco Biofuels Corp.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Diversified Energy Corporation
- 10.6. Suntech Power Co. Ltd.
- 10.7. First Solar Inc.
- 10.8. GE Energy
- 10.9. Suzlon Group
- 10.10. Pure Earth Energy Resources LLC.
- 10.11. Siemens Wind Power
- 10.12. Gazprom
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
