Green Power Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

By: HDIN Research Published: 2025-05-04 Pages: 87
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Green Power Market Summary
Introduction to the Green Power Industry
Green power encompasses electricity generated from renewable sources, including solar, wind, hydropower, bioenergy, geothermal, and marine energy, offering a low-carbon alternative to fossil fuels. With global renewable capacity reaching 4,448 GW in 2024, per IRENA, solar (1,865 GW) and wind (1,133 GW) dominate, accounting for 96.6% of new additions. Green power serves industrial, commercial, and residential sectors, driven by decarbonization policies, cost declines in solar and wind, and rising energy demand. The industry benefits from technological advancements, such as high-efficiency solar panels and offshore wind, but faces challenges from grid integration, land use conflicts, and intermittency, necessitating storage and smart grid solutions.

Market Size and Growth Forecast
The global green power market is projected to reach USD 1.2 trillion to USD 1.4 trillion by 2025, with an estimated CAGR of 8% to 10% through 2030, fueled by policy mandates and renewable technology advancements.

Regional Analysis
Asia Pacific expects a growth rate of 9% to 11%. China leads with massive solar and wind additions, while India and South Korea accelerate renewable deployments through subsidies.
North America anticipates a growth rate of 7% to 9%. The U.S. drives growth with solar and wind projects, supported by federal tax credits and state renewable mandates.
Europe projects a growth rate of 7% to 9%. Germany and the UK prioritize offshore wind and solar, aligning with EU’s 2030 climate goals.
South America expects a growth rate of 5% to 7%. Brazil’s hydropower and wind sectors grow, though grid constraints limit scalability.
Middle East and Africa anticipate a growth rate of 4% to 6%. The UAE and South Africa invest in solar, but funding gaps hinder broader adoption.

Application Analysis
Industrial: Projected at 8% to 10%, driven by energy-intensive sectors like manufacturing adopting renewables for cost savings and emissions compliance.
Commercial: Expected at 7% to 9%, used in offices and retail for green certifications, with rooftop solar gaining traction.
Residential: Anticipated at 6% to 8%, supported by home solar systems and community wind projects, with affordability driving adoption.

Key Market Players
Exelon: A U.S. leader, Exelon focuses on renewable utilities and grid integration.
Duke Energy: A U.S. firm, Duke invests in solar and wind projects.
NextEra Energy: A U.S. company, NextEra excels in wind and solar generation.
Southern: A U.S. player, Southern expands renewable portfolios.
Dominion Energy: A U.S. firm, Dominion prioritizes offshore wind.
EDF: A French company, EDF drives solar and wind in Europe.
Rosatom: A Russian player, Rosatom supports renewable energy projects.
Engie SA: A French firm, Engie focuses on green power solutions.
Public Service Enterprise: A U.S. company, PSEG invests in solar and wind.
FirstEnergy: A U.S. player, FirstEnergy supports renewable utilities.
CNNC: A Chinese firm, CNNC integrates renewables with nuclear.

Porter’s Five Forces Analysis
●Threat of New Entrants: Moderate. High capital costs and regulatory hurdles create barriers, but declining solar and wind costs enable new players like CNNC in emerging markets. Established firms like NextEra Energy leverage scale and grid access, limiting entrants’ impact.
●Threat of Substitutes: Moderate. Fossil fuels and nuclear energy compete, but renewables’ cost declines and policy support reduce their appeal. Green hydrogen and storage solutions challenge standalone renewables, pushing EDF to integrate hybrid systems.
●Bargaining Power of Buyers: High. Industrial and commercial buyers negotiate due to abundant renewable suppliers and government incentives. Residential customers have less leverage, but utilities like Exelon face pressure to offer competitive green tariffs.
●Bargaining Power of Suppliers: Moderate. Suppliers of solar panels, wind turbines, and grid equipment influence costs, but diversified sourcing by Duke Energy mitigates risks. Specialized offshore wind components grant some supplier power.
●Competitive Rivalry: High. NextEra Energy, EDF, and CNNC compete on capacity, cost, and innovation, with rapid solar and wind deployments driving R&D. Regional players like Engie SA leverage local policies, intensifying global rivalry.

Market Opportunities and Challenges
Opportunities
●Renewable Capacity Growth: The 4,448 GW renewable capacity in 2024 drives demand, benefiting NextEra Energy’s wind and solar projects.
●Policy Mandates: EU’s 2030 targets and U.S. tax credits favor EDF’s renewable expansion.
●Cost Declines: Falling solar and wind costs enhance affordability, supporting Duke Energy’s mass-market adoption.
●Offshore Wind: Europe’s offshore wind boom creates niches for Dominion Energy’s coastal projects.
●Emerging Markets: India’s solar push offers export potential for CNNC, leveraging scale.
●Grid Modernization: Smart grids enhance renewable integration, favoring Exelon’s utility solutions.
●Corporate Sustainability: Industrial demand for green certifications drives Engie SA’s commercial contracts.
Challenges
●Grid Integration: Intermittency strains grids, impacting Southern’s renewable scaling.
●Land Use Conflicts: Wind and solar projects face opposition, challenging FirstEnergy’s deployments.
●Raw Material Shortages: Silicon and rare earths constrain supply, pressuring EDF’s solar growth.
●High Initial Costs: Capital-intensive projects deter investment, impacting Rosatom in developing regions.
●Policy Uncertainty: Shifting subsidies in South America hinder PSEG’s planning.
●Storage Dependency: Limited long-duration storage pressures Duke Energy to invest in PHS.
●Regulatory Complexity: Diverse global standards raise compliance costs for CNNC.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Green Power Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Green Power Market in North America (2020-2030)
8.1 Green Power Market Size
8.2 Green Power Market by End Use
8.3 Competition by Players/Suppliers
8.4 Green Power Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Green Power Market in South America (2020-2030)
9.1 Green Power Market Size
9.2 Green Power Market by End Use
9.3 Competition by Players/Suppliers
9.4 Green Power Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Green Power Market in Asia & Pacific (2020-2030)
10.1 Green Power Market Size
10.2 Green Power Market by End Use
10.3 Competition by Players/Suppliers
10.4 Green Power Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Green Power Market in Europe (2020-2030)
11.1 Green Power Market Size
11.2 Green Power Market by End Use
11.3 Competition by Players/Suppliers
11.4 Green Power Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Green Power Market in MEA (2020-2030)
12.1 Green Power Market Size
12.2 Green Power Market by End Use
12.3 Competition by Players/Suppliers
12.4 Green Power Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Green Power Market (2020-2025)
13.1 Green Power Market Size
13.2 Green Power Market by End Use
13.3 Competition by Players/Suppliers
13.4 Green Power Market Size by Type
Chapter 14 Global Green Power Market Forecast (2025-2030)
14.1 Green Power Market Size Forecast
14.2 Green Power Application Forecast
14.3 Competition by Players/Suppliers
14.4 Green Power Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Exelon
15.1.1 Company Profile
15.1.2 Main Business and Green Power Information
15.1.3 SWOT Analysis of Exelon
15.1.4 Exelon Green Power Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Duke Energy
15.2.1 Company Profile
15.2.2 Main Business and Green Power Information
15.2.3 SWOT Analysis of Duke Energy
15.2.4 Duke Energy Green Power Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 NextEra Energy
15.3.1 Company Profile
15.3.2 Main Business and Green Power Information
15.3.3 SWOT Analysis of NextEra Energy
15.3.4 NextEra Energy Green Power Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Southern
15.4.1 Company Profile
15.4.2 Main Business and Green Power Information
15.4.3 SWOT Analysis of Southern
15.4.4 Southern Green Power Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Dominion Energy
15.5.1 Company Profile
15.5.2 Main Business and Green Power Information
15.5.3 SWOT Analysis of Dominion Energy
15.5.4 Dominion Energy Green Power Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 EDF
15.6.1 Company Profile
15.6.2 Main Business and Green Power Information
15.6.3 SWOT Analysis of EDF
15.6.4 EDF Green Power Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Rosatom
15.7.1 Company Profile
15.7.2 Main Business and Green Power Information
15.7.3 SWOT Analysis of Rosatom
15.7.4 Rosatom Green Power Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms
Table Research Scope Of Green Power Report
Table Data Sources Of Green Power Report
Table Major Assumptions Of Green Power Report
Table Green Power Classification
Table Green Power Applications
Table Drivers Of Green Power Market
Table Restraints Of Green Power Market
Table Opportunities Of Green Power Market
Table Threats Of Green Power Market
Table Raw Materials Suppliers
Table Different Production Methods Of Green Power
Table Cost Structure Analysis Of Green Power
Table Key End Users
Table Latest News Of Green Power Market
Table Merger And Acquisition
Table Planned/Future Project Of Green Power Market
Table Policy Of Green Power Market
Table 2020-2030 North America Green Power Market Size
Table 2020-2030 North America Green Power Market Size By Application
Table 2020-2025 North America Green Power Key Players Revenue
Table 2020-2025 North America Green Power Key Players Market Share
Table 2020-2030 North America Green Power Market Size By Type
Table 2020-2030 United States Green Power Market Size
Table 2020-2030 Canada Green Power Market Size
Table 2020-2030 Mexico Green Power Market Size
Table 2020-2030 South America Green Power Market Size
Table 2020-2030 South America Green Power Market Size By Application
Table 2020-2025 South America Green Power Key Players Revenue
Table 2020-2025 South America Green Power Key Players Market Share
Table 2020-2030 South America Green Power Market Size By Type
Table 2020-2030 Brazil Green Power Market Size
Table 2020-2030 Argentina Green Power Market Size
Table 2020-2030 Chile Green Power Market Size
Table 2020-2030 Peru Green Power Market Size
Table 2020-2030 Asia & Pacific Green Power Market Size
Table 2020-2030 Asia & Pacific Green Power Market Size By Application
Table 2020-2025 Asia & Pacific Green Power Key Players Revenue
Table 2020-2025 Asia & Pacific Green Power Key Players Market Share
Table 2020-2030 Asia & Pacific Green Power Market Size By Type
Table 2020-2030 China Green Power Market Size
Table 2020-2030 India Green Power Market Size
Table 2020-2030 Japan Green Power Market Size
Table 2020-2030 South Korea Green Power Market Size
Table 2020-2030 Southeast Asia Green Power Market Size
Table 2020-2030 Australia Green Power Market Size
Table 2020-2030 Europe Green Power Market Size
Table 2020-2030 Europe Green Power Market Size By Application
Table 2020-2025 Europe Green Power Key Players Revenue
Table 2020-2025 Europe Green Power Key Players Market Share
Table 2020-2030 Europe Green Power Market Size By Type
Table 2020-2030 Germany Green Power Market Size
Table 2020-2030 France Green Power Market Size
Table 2020-2030 United Kingdom Green Power Market Size
Table 2020-2030 Italy Green Power Market Size
Table 2020-2030 Spain Green Power Market Size
Table 2020-2030 Belgium Green Power Market Size
Table 2020-2030 Netherlands Green Power Market Size
Table 2020-2030 Austria Green Power Market Size
Table 2020-2030 Poland Green Power Market Size
Table 2020-2030 Russia Green Power Market Size
Table 2020-2030 Mea Green Power Market Size
Table 2020-2030 Mea Green Power Market Size By Application
Table 2020-2025 Mea Green Power Key Players Revenue
Table 2020-2025 Mea Green Power Key Players Market Share
Table 2020-2030 Mea Green Power Market Size By Type
Table 2020-2030 Egypt Green Power Market Size
Table 2020-2030 Israel Green Power Market Size
Table 2020-2030 South Africa Green Power Market Size
Table 2020-2030 Gulf Cooperation Council Countries Green Power Market Size
Table 2020-2030 Turkey Green Power Market Size
Table 2020-2025 Global Green Power Market Size By Region
Table 2020-2025 Global Green Power Market Size Share By Region
Table 2020-2025 Global Green Power Market Size By Application
Table 2020-2025 Global Green Power Market Share By Application
Table 2020-2025 Global Green Power Key Vendors Revenue
Table 2020-2025 Global Green Power Key Vendors Market Share
Table 2020-2025 Global Green Power Market Size By Type
Table 2020-2025 Global Green Power Market Share By Type
Table 2025-2030 Global Green Power Market Size By Region
Table 2025-2030 Global Green Power Market Size Share By Region
Table 2025-2030 Global Green Power Market Size By Application
Table 2025-2030 Global Green Power Market Share By Application
Table 2025-2030 Global Green Power Key Vendors Revenue
Table 2025-2030 Global Green Power Key Vendors Market Share
Table 2025-2030 Global Green Power Market Size By Type
Table 2025-2030 Green Power Global Market Share By Type

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Green Power Picture
Figure 2020-2030 North America Green Power Market Size And Cagr
Figure 2020-2030 South America Green Power Market Size And Cagr
Figure 2020-2030 Asia & Pacific Green Power Market Size And Cagr
Figure 2020-2030 Europe Green Power Market Size And Cagr
Figure 2020-2030 Mea Green Power Market Size And Cagr
Figure 2020-2025 Global Green Power Market Size And Growth Rate
Figure 2025-2030 Global Green Power Market Size And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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