Global Solar PV and Wind Energy Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI10248085

Publication Date:

October 11, 2024

Pages:

113

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Solar PV and Wind Energy market size was valued at US$ 481.7 million in 2023. With growing demand in downstream market, the Solar PV and Wind Energy is forecast to a readjusted size of US$ 856.4 million by 2030 with a CAGR of 8.6% during review period.
The research report highlights the growth potential of the global Solar PV and Wind Energy market. Solar PV and Wind Energy are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Solar PV and Wind Energy. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Solar PV and Wind Energy market.
Solar energy is the result of the most abundant and unlimited resource there is, the sun. Completely clean, it creates no pollution and requires low maintenance. Wind energy is an affordable and plentiful source of energy. Emitting no CO2, it is one of the fastest growing methods of electricity generation in the world.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.44 GW.
Key Features:
The report on Solar PV and Wind Energy market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Solar PV and Wind Energy market. It may include historical data, market segmentation by Type (e.g., Solar PV, Wind Energy), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Solar PV and Wind Energy market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Solar PV and Wind Energy market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Solar PV and Wind Energy industry. This include advancements in Solar PV and Wind Energy technology, Solar PV and Wind Energy new entrants, Solar PV and Wind Energy new investment, and other innovations that are shaping the future of Solar PV and Wind Energy.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Solar PV and Wind Energy market. It includes factors influencing customer ' purchasing decisions, preferences for Solar PV and Wind Energy product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Solar PV and Wind Energy market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Solar PV and Wind Energy market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Solar PV and Wind Energy market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Solar PV and Wind Energy industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Solar PV and Wind Energy market.
Market Segmentation:
Solar PV and Wind Energy market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Solar PV
Wind Energy
Segmentation by application
Residential
Commercial
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
RWE Group
Enel Spa
Xcel Energy Inc.
ACCIONA
Iberdrola
EDF
Vattenfall AB
Tokyo Electric Power
Tata Power
Invenergy
Innergex

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solar PV and Wind Energy Market Size 2019-2030
2.1.2 Solar PV and Wind Energy Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Solar PV and Wind Energy Segment by Type
2.2.1 Solar PV
2.2.2 Wind Energy
2.3 Solar PV and Wind Energy Market Size by Type
2.3.1 Solar PV and Wind Energy Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Solar PV and Wind Energy Market Size Market Share by Type (2019-2024)
2.4 Solar PV and Wind Energy Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Industrial
2.5 Solar PV and Wind Energy Market Size by Application
2.5.1 Solar PV and Wind Energy Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Solar PV and Wind Energy Market Size Market Share by Application (2019-2024)
3 Solar PV and Wind Energy Market Size by Player
3.1 Solar PV and Wind Energy Market Size Market Share by Players
3.1.1 Global Solar PV and Wind Energy Revenue by Players (2019-2024)
3.1.2 Global Solar PV and Wind Energy Revenue Market Share by Players (2019-2024)
3.2 Global Solar PV and Wind Energy Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Solar PV and Wind Energy by Regions
4.1 Solar PV and Wind Energy Market Size by Regions (2019-2024)
4.2 Americas Solar PV and Wind Energy Market Size Growth (2019-2024)
4.3 APAC Solar PV and Wind Energy Market Size Growth (2019-2024)
4.4 Europe Solar PV and Wind Energy Market Size Growth (2019-2024)
4.5 Middle East & Africa Solar PV and Wind Energy Market Size Growth (2019-2024)
5 Americas
5.1 Americas Solar PV and Wind Energy Market Size by Country (2019-2024)
5.2 Americas Solar PV and Wind Energy Market Size by Type (2019-2024)
5.3 Americas Solar PV and Wind Energy Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solar PV and Wind Energy Market Size by Region (2019-2024)
6.2 APAC Solar PV and Wind Energy Market Size by Type (2019-2024)
6.3 APAC Solar PV and Wind Energy Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Solar PV and Wind Energy by Country (2019-2024)
7.2 Europe Solar PV and Wind Energy Market Size by Type (2019-2024)
7.3 Europe Solar PV and Wind Energy Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solar PV and Wind Energy by Region (2019-2024)
8.2 Middle East & Africa Solar PV and Wind Energy Market Size by Type (2019-2024)
8.3 Middle East & Africa Solar PV and Wind Energy Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Solar PV and Wind Energy Market Forecast
10.1 Global Solar PV and Wind Energy Forecast by Regions (2025-2030)
10.1.1 Global Solar PV and Wind Energy Forecast by Regions (2025-2030)
10.1.2 Americas Solar PV and Wind Energy Forecast
10.1.3 APAC Solar PV and Wind Energy Forecast
10.1.4 Europe Solar PV and Wind Energy Forecast
10.1.5 Middle East & Africa Solar PV and Wind Energy Forecast
10.2 Americas Solar PV and Wind Energy Forecast by Country (2025-2030)
10.2.1 United States Solar PV and Wind Energy Market Forecast
10.2.2 Canada Solar PV and Wind Energy Market Forecast
10.2.3 Mexico Solar PV and Wind Energy Market Forecast
10.2.4 Brazil Solar PV and Wind Energy Market Forecast
10.3 APAC Solar PV and Wind Energy Forecast by Region (2025-2030)
10.3.1 China Solar PV and Wind Energy Market Forecast
10.3.2 Japan Solar PV and Wind Energy Market Forecast
10.3.3 Korea Solar PV and Wind Energy Market Forecast
10.3.4 Southeast Asia Solar PV and Wind Energy Market Forecast
10.3.5 India Solar PV and Wind Energy Market Forecast
10.3.6 Australia Solar PV and Wind Energy Market Forecast
10.4 Europe Solar PV and Wind Energy Forecast by Country (2025-2030)
10.4.1 Germany Solar PV and Wind Energy Market Forecast
10.4.2 France Solar PV and Wind Energy Market Forecast
10.4.3 UK Solar PV and Wind Energy Market Forecast
10.4.4 Italy Solar PV and Wind Energy Market Forecast
10.4.5 Russia Solar PV and Wind Energy Market Forecast
10.5 Middle East & Africa Solar PV and Wind Energy Forecast by Region (2025-2030)
10.5.1 Egypt Solar PV and Wind Energy Market Forecast
10.5.2 South Africa Solar PV and Wind Energy Market Forecast
10.5.3 Israel Solar PV and Wind Energy Market Forecast
10.5.4 Turkey Solar PV and Wind Energy Market Forecast
10.5.5 GCC Countries Solar PV and Wind Energy Market Forecast
10.6 Global Solar PV and Wind Energy Forecast by Type (2025-2030)
10.7 Global Solar PV and Wind Energy Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 RWE Group
11.1.1 RWE Group Company Information
11.1.2 RWE Group Solar PV and Wind Energy Product Offered
11.1.3 RWE Group Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 RWE Group Main Business Overview
11.1.5 RWE Group Latest Developments
11.2 Enel Spa
11.2.1 Enel Spa Company Information
11.2.2 Enel Spa Solar PV and Wind Energy Product Offered
11.2.3 Enel Spa Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Enel Spa Main Business Overview
11.2.5 Enel Spa Latest Developments
11.3 Xcel Energy Inc.
11.3.1 Xcel Energy Inc. Company Information
11.3.2 Xcel Energy Inc. Solar PV and Wind Energy Product Offered
11.3.3 Xcel Energy Inc. Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Xcel Energy Inc. Main Business Overview
11.3.5 Xcel Energy Inc. Latest Developments
11.4 ACCIONA
11.4.1 ACCIONA Company Information
11.4.2 ACCIONA Solar PV and Wind Energy Product Offered
11.4.3 ACCIONA Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 ACCIONA Main Business Overview
11.4.5 ACCIONA Latest Developments
11.5 Iberdrola
11.5.1 Iberdrola Company Information
11.5.2 Iberdrola Solar PV and Wind Energy Product Offered
11.5.3 Iberdrola Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Iberdrola Main Business Overview
11.5.5 Iberdrola Latest Developments
11.6 EDF
11.6.1 EDF Company Information
11.6.2 EDF Solar PV and Wind Energy Product Offered
11.6.3 EDF Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 EDF Main Business Overview
11.6.5 EDF Latest Developments
11.7 Vattenfall AB
11.7.1 Vattenfall AB Company Information
11.7.2 Vattenfall AB Solar PV and Wind Energy Product Offered
11.7.3 Vattenfall AB Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Vattenfall AB Main Business Overview
11.7.5 Vattenfall AB Latest Developments
11.8 Tokyo Electric Power
11.8.1 Tokyo Electric Power Company Information
11.8.2 Tokyo Electric Power Solar PV and Wind Energy Product Offered
11.8.3 Tokyo Electric Power Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Tokyo Electric Power Main Business Overview
11.8.5 Tokyo Electric Power Latest Developments
11.9 Tata Power
11.9.1 Tata Power Company Information
11.9.2 Tata Power Solar PV and Wind Energy Product Offered
11.9.3 Tata Power Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Tata Power Main Business Overview
11.9.5 Tata Power Latest Developments
11.10 Invenergy
11.10.1 Invenergy Company Information
11.10.2 Invenergy Solar PV and Wind Energy Product Offered
11.10.3 Invenergy Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Invenergy Main Business Overview
11.10.5 Invenergy Latest Developments
11.11 Innergex
11.11.1 Innergex Company Information
11.11.2 Innergex Solar PV and Wind Energy Product Offered
11.11.3 Innergex Solar PV and Wind Energy Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Innergex Main Business Overview
11.11.5 Innergex Latest Developments
12 Research Findings and Conclusion

License Types:

Single User License (PDF)

This license allows for use of a publication by one person.
This person may print out a single copy of the publication.
This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
This person cannot share the publication (or any information contained therein) with any other person or persons.
Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Site License (PDF)*

This license allows for use of a publication by all users within one corporate location, e.g. a regional office.
These users may print out a single copy of the publication.
These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased.
Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Global License (PDF)*

This license allows for use of a publication by unlimited users within the purchasing organization e.g. all employees of a single company.
Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization.
These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.

*If Applicable.

91制片厂