Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 129.09 Billion | USD 534.17 Billion | 15.26% | 2024 |
FrequentlyAsked Questions
Green energy is generated from renewable natural resources like wind power, geothermal energy, solar energy, hydroelectric power, and biomass.
The global green energy market is expected to grow due to growing environmental concerns, government incentives, and the global push for decarbonization and renewable energy adoption.
According to a study, the global green energy market size was worth around USD 129.09 billion in 2024 and is expected to reach USD 534.17 billion by 2034.
The global green energy market is expected to grow at a CAGR of 15.26% during the forecast period.
Asia Pacific is expected to dominate the green energy market over the forecast period.
Leading players in the global green energy market include Iberdrola, Enel Green Power, Adani Green Energy, Neoen, NextEra Energy, Vestas, Siemens Gamesa, Brookfield Renewable Partners, First Solar, SunPower, Engie, EDF Renewables, TotalEnergies, Acciona Energia, among others.
The report explores crucial aspects of the green energy market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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