The global demand for Green Power Market is presumed to reach the market size of nearly USD 248.88 MN by 2028 from USD 60.81 MN in 2021 with a CAGR of 22.3% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX TW in 2021 and forecast to touch XX TW by 2028 with a CAGR of XX% during 2022-2028.
Green power refers to electricity generated from renewable energy sources. The term "green power" is used to differentiate renewable energy from traditional energy sources, such as coal, oil, and natural gas, which are considered to be non-renewable and harmful to the environment. The cost of green power technology has significantly decreased over the years, making it more competitive with traditional energy sources. Green power contributes to a more diverse energy mix, which helps to reduce the dependence on a single energy source and reduces the risk of energy supply disruptions. Green power is becoming increasingly important as nations around the world strive to reduce their carbon footprints and address the challenges posed by climate change.
Market Dynamics
Financial incentives and subsidies provided by the Governments throughout the world is promoting the adoption of green power. This includes tax credits, grants, and other financial incentives that help to reduce the cost of renewable energy systems. Technological advancements in the field of renewable energy are making green power more cost-competitive with traditional energy sources. This is driving the growth of the market as more businesses and households adopt green power. Increasing concern about the impact of climate change and the priority to reduce greenhouse gas emissions is driving the demand for green power. Renewable energy sources emit no harmful pollutants and greenhouse gases, making them an attractive alternative to traditional energy sources. Green power can provide economic benefits, including job creation and local economic development, as well as energy cost savings over the long term. Green power can help to reduce the dependence on a single energy source and reduce the risk of energy supply disruptions, providing energy security. There is growing consumer demand for green power, particularly among businesses and households that are looking to reduce their carbon footprint and take a more sustainable approach to energy consumption.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of green power. The growth and trends of Green Power Industry provide a holistic approach to this study.
Market Segmentation
This section of the green power market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Power Source
- Wind
- Solar
- Low Impact Hydro
- Biomass
- Others
By End Use Sector
- Transport
- Industrial
- Non-Combusted
- Buildings
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Green Power market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Green Power Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the green power market include Adani Green Energy Limited, GE Renewable Energy, Green Energy Corp., Iberdrola SA, JinkoSolar Holding Co. Ltd., NextEra Energy, Inc., Orsted A/S, Siemens Gamesa Renewable Energy, Suzlon Energy Limited, and Tata Power. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
Frequently Asked Questions (FAQs) about this Report
b. In 2021, the global market size for green power was worth USD 60.81 Billion.
b. Between 2023 and 2028, the worldwide green power market growth is projected to be nearly 22.3%.
b. Asia Pacific accounts for the largest market share of the global green power market.
b. The global green power market is segmented by Power Source (Wind, Solar, Low Impact Hydro, Biomass, Others), by End Use Sector (Transport, Industrial, Non-combusted, Buildings, Others).
b. The leading players in the global green power market are Adani Green Energy Limited, GE Renewable Energy, Green Energy Corp., Iberdrola SA, JinkoSolar Holding Co. Ltd., NextEra Energy, Inc., Orsted A/S, Siemens Gamesa Renewable Energy, Suzlon Energy Limited, and Tata Power.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . GREEN POWER – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Power Source
3.7.2 Market Attractiveness Analysis By End Use Sector
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL GREEN POWER MARKET ANALYSIS BY POWER SOURCE
6.1 Overview by Power Source
6.2 Historical and Forecast Data
6.3 Analysis by Power Source
6.4 Wind Historic and Forecast Sales by Regions
6.5 Solar Historic and Forecast Sales by Regions
6.6 Low Impact Hydro Historic and Forecast Sales by Regions
6.7 Biomass Historic and Forecast Sales by Regions
6.8 Others Historic and Forecast Sales by Regions
7 . GLOBAL GREEN POWER MARKET ANALYSIS BY END USE SECTOR
7.1 Overview by End Use Sector
7.2 Historical and Forecast Data
7.3 Analysis by End Use Sector
7.4 Transport Historic and Forecast Sales by Regions
7.5 Industrial Historic and Forecast Sales by Regions
7.6 Non-combusted Historic and Forecast Sales by Regions
7.7 Buildings Historic and Forecast Sales by Regions
7.8 Others Historic and Forecast Sales by Regions
8 . GLOBAL GREEN POWER MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
8.3.1. Overview, Historic and Forecast Data Sales Analysis
8.3.2. North America By Segment Sales Analysis
8.3.3. North America By Country Sales Analysis
8.3.4. United State Sales Analysis
8.3.5. Canada Sales Analysis
8.3.6. Mexico Sales Analysis
8.4. Europe Sales Analysis
8.4.1. Overview, Historic and Forecast Data Sales Analysis
8.4.2. Europe by Segment Sales Analysis
8.4.3. Europe by Country Sales Analysis
8.4.4. United Kingdom Sales Analysis
8.4.5. France Sales Analysis
8.4.6. Germany Sales Analysis
8.4.7. Italy Sales Analysis
8.4.8. Russia Sales Analysis
8.4.9. Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
8.5.1. Overview, Historic and Forecast Data Sales Analysis
8.5.2. Asia Pacific by Segment Sales Analysis
8.5.3. Asia Pacific by Country Sales Analysis
8.5.4. China Sales Analysis
8.5.5. India Sales Analysis
8.5.6. Japan Sales Analysis
8.5.7. South Korea Sales Analysis
8.5.8. Australia Sales Analysis
8.5.9. Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
8.6.1. Overview, Historic and Forecast Data Sales Analysis
8.6.2. Latin America by Segment Sales Analysis
8.6.3. Latin America by Country Sales Analysis
8.6.4. Brazil Sales Analysis
8.6.5. Argentina Sales Analysis
8.6.6. Peru Sales Analysis
8.6.7. Chile Sales Analysis
8.6.8. Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
8.7.1. Overview, Historic and Forecast Data Sales Analysis
8.7.2. Middle East & Africa by Segment Sales Analysis
8.7.3. Middle East & Africa by Country Sales Analysis
8.7.4. Saudi Arabia Sales Analysis
8.7.5. UAE Sales Analysis
8.7.6. Israel Sales Analysis
8.7.7. South Africa Sales Analysis
8.7.8. Rest Of Middle East And Africa Sales Analysis
9 . COMPETITIVE LANDSCAPE OF THE GREEN POWER COMPANIES
9.1. Green Power Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF GREEN POWER INDUSTRY
10.1. Top Companies Market Share Analysis
10.2. Market Concentration Rate
10.3. Adani Green Energy Limited
10.3.1. Company Overview
10.3.2. Company Revenue
10.3.3. Products
10.3.4. Recent Developments
10.4. GE Renewable Energy
10.4.1. Company Overview
10.4.2. Company Revenue
10.4.3. Products
10.4.4. Recent Developments
10.5. Green Energy Corp.
10.5.1. Company Overview
10.5.2. Company Revenue
10.5.3. Products
10.5.4. Recent Developments
10.6. Iberdrola SA
10.6.1. Company Overview
10.6.2. Company Revenue
10.6.3. Products
10.6.4. Recent Developments
10.7. JinkoSolar Holding Co. Ltd.
10.7.1. Company Overview
10.7.2. Company Revenue
10.7.3. Products
10.7.4. Recent Developments
10.8. NextEra Energy Inc.
10.8.1. Company Overview
10.8.2. Company Revenue
10.8.3. Products
10.8.4. Recent Developments
10.9. Orsted A/S
10.9.1. Company Overview
10.9.2. Company Revenue
10.9.3. Products
10.9.4. Recent Developments
10.10. Siemens Gamesa Renewable Energy
10.10.1. Company Overview
10.10.2. Company Revenue
10.10.3. Products
10.10.4. Recent Developments
10.11. Suzlon Energy Limited
10.11.1. Company Overview
10.11.2. Company Revenue
10.11.3. Products
10.11.4. Recent Developments
10.12. Tata Power
10.12.1. Company Overview
10.12.2. Company Revenue
10.12.3. Products
10.12.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Power Source (TW and USD MN)
- Wind Market Sales by Geography (TW and USD MN)
- Solar Market Sales by Geography (TW and USD MN)
- Low Impact Hydro Market Sales by Geography (TW and USD MN)
- Biomass Market Sales by Geography (TW and USD MN)
- Others Market Sales by Geography (TW and USD MN)
- Analysis Market by End Use Sector (TW and USD MN)
- Transport Market Sales by Geography (TW and USD MN)
- Industrial Market Sales by Geography (TW and USD MN)
- Non-combusted Market Sales by Geography (TW and USD MN)
- Buildings Market Sales by Geography (TW and USD MN)
- Others Market Sales by Geography (TW and USD MN)
- Global Green Power Market Sales by Geography (TW and USD MN)
- North America Market Analysis (TW and USD MN)
- United State Market Analysis (TW and USD MN)
- Canada Market Analysis (TW and USD MN)
- Mexico Market Analysis (TW and USD MN)
- Europe Market Analysis (TW and USD MN)
- Europe Market Estimate by Country (TW and USD MN)
- United Kingdom Market Analysis (TW and USD MN)
- France Market Analysis (TW and USD MN)
- Germany Market Analysis (TW and USD MN)
- Italy Market Analysis (TW and USD MN)
- Russia Market Analysis (TW and USD MN)
- Spain Market Analysis (TW and USD MN)
- Rest of Europe Market Analysis (TW and USD MN)
- Asia Pacific Market Analysis (TW and USD MN)
- China Market Analysis (TW and USD MN)
- Japan Market Analysis (TW and USD MN)
- India Market Analysis (TW and USD MN)
- South Korea Market Analysis (TW and USD MN)
- Australia Market Analysis (TW and USD MN)
- Rest of Asia Pacific Market Analysis (TW and USD MN)
- Latin America Market Analysis (TW and USD MN)
- Brazil Market Analysis (TW and USD MN)
- Argentina Market Analysis (TW and USD MN)
- Peru Market Analysis (TW and USD MN)
- Chile Market Analysis (TW and USD MN)
- Rest of Latin America Market Analysis (TW and USD MN)
- Middle East & Africa Market Analysis (TW and USD MN)
- Saudi Arabia Market Analysis (TW and USD MN)
- UAE Market Analysis (TW and USD MN)
- Israel Market Analysis (TW and USD MN)
- South Africa Market Analysis (TW and USD MN)
- Rest of Middle East and Africa Market Analysis (TW and USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisition
LIST OF FIGURES
- Research Scope of Green Power Report
- Market Research Process
- Market Research Methodology
- Global Green Power Market Size, by Region (TW and USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Power Source
- Market Attractiveness Analysis by End Use Sector
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Power Source (TW and USD MN)
- Wind Market Sales by Geography (TW and USD MN)
- Solar Market Sales by Geography (TW and USD MN)
- Low Impact Hydro Market Sales by Geography (TW and USD MN)
- Biomass Market Sales by Geography (TW and USD MN)
- Others Market Sales by Geography (TW and USD MN)
- Global Market Analysis by End Use Sector (TW and USD MN)
- Transport Market Sales by Geography (TW and USD MN)
- Industrial Market Sales by Geography (TW and USD MN)
- Non-combusted Market Sales by Geography (TW and USD MN)
- Buildings Market Sales by Geography (TW and USD MN)
- Others Market Sales by Geography (TW and USD MN)
- Global Market Sales (TW and USD MN)
- North America Market Sales (TW and USD MN)
- Europe Market Sales (TW and USD MN)
- Asia Pacific Market Sales (TW and USD MN)
- Latin America Market Sales (TW and USD MN)
- Middle East & Africa Market Sales (TW and USD MN)
- Recent Development in Industry
- Top Companies Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.