The global clean energy infrastructure market has expanded rapidly owing to a variety of causes, the most notable of which is increased global awareness and adoption of sustainable energy solutions. As the globe faces the problems of climate change and the need for cleaner & more efficient energy sources, industries are rapidly recognizing the need for sophisticated technology, particularly in the field of clean energy infrastructure.
WILMINGTON, Del., Aug. 16, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Clean Energy Infrastructure Market by Infrastructure Type (Power Generation Facilities, Energy Storage Systems, Transmission and Distribution Networks), and End-Use (Residential, Commercial and Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the clean energy infrastructure market was valued at $0.6 trillion in 2023, and is estimated to reach $1.5 trillion by 2033, growing at a CAGR of 9.3% from 2024 to 2033.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A323711
Prime determinants of Clean Energy Infrastructure Market growth
The global clean energy infrastructure market has experienced growth due to several factors such as increased demand for clean and sustainable energy solutions in response to climate change and environmental concerns. Governments, businesses, and consumers are increasingly recognizing the importance of transitioning away from fossil fuels towards renewable energy sources such as solar, wind, hydroelectric, and biomass. Moreover, Advancements in clean energy technologies are also driving market growth. Innovations in solar photovoltaics, wind turbines, energy storage systems, and smart grid technologies are improving the efficiency, reliability, and affordability of clean energy infrastructure market.
Report coverage & details:
|
Report Coverage |
Details |
|
Forecast Period |
2024–2033 |
|
Base Year |
2023 |
|
Market Size in 2023 |
$0.6 trillion |
|
Market Size in 2033 |
$1.5 trillion |
|
CAGR |
9.3 % |
|
No. of Pages in Report |
340 |
|
Segments Covered |
Infrastructure Type, End-Use, and Region |
|
Drivers |
• Rise in investment in renewable projects. • Public Demand for Sustainable Energy Solutions. |
|
Opportunity |
• Energy Storage Solutions and Grid Integration Technologies. |
|
Restraints |
• High production costs • Grid Integration Challenges |
The energy storage systems segment is expected to maintain its dominance by 2033
By Infrastructure type, the energy storage systems segment is expected to dominate the market due to the increase in deployment of renewable energy. As renewable energy sources such as solar and wind power become more prevalent, the need for energy storage systems to mitigate intermittent and ensure grid stability becomes paramount. Energy storage enables the efficient capture and utilization of renewable energy, thereby facilitating its integration into the electricity grid.
Procure Complete Report (340 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3ST8ni9
The industrial segment is expected to maintain its dominance by 2033
Industrial facilities typically have higher energy demands compared to residential and commercial buildings due to the nature of their operations. Industries such as manufacturing, mining, and heavy engineering require significant amounts of energy for processes such as heating, cooling, and powering machinery. As a result, there is a strong incentive for industrial companies to invest in clean energy infrastructure to reduce energy costs, improve operational efficiency, and enhance competitiveness.
The Asia-Pacific segment is expected to maintain its dominance by 2033
By region, Asia-pacific dominated the clean energy infrastructure market in 2023. Asia-Pacific region is rich in renewable energy resources, such as solar, wind, hydroelectric, biomass, and geothermal power. Countries in the region have significant untapped potential for renewable energy generation, making clean energy infrastructure a viable and attractive option for meeting energy demand sustainably.
For Purchase Inquiry: https://www.alliedmarketresearch.com/clean-energy-infrastructure-market/purchase-options
Leading Market Players: –
- NextEra Energy, Inc.
- Enel Spa, Iberdrola, S.A,
- Canadian Solar.
- First Solar
- SunPower Corporation.
- ACCIONA ENERGÍA
- Suzlon Energy Limited
- Adani Group
- Tata Power
The report provides a detailed analysis of these key players in the clean energy infrastructure market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Trending Reports in Energy & Power Industry:
Renewable Energy Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type and End Use: Global Opportunity Analysis and Industry Forecast, 2021-2030
Zero Emission Building Market Size, Share, Competitive Landscape and Trend Analysis Report, by Element Type, by Building Type: Global Opportunity Analysis and Industry Forecast, 2024-2033
Distributed Energy Generation Market Size, Share, Competitive Landscape and Trend Analysis Report, by Technology, by End-Use Industry, and, by Region: Opportunity Analysis and Industry Forecast, 2024 – 2033
Carbon Capture, Utilization, And Storage (CCUS) Market Size, Share, Competitive Landscape and Trend Analysis Report, by Service, by Technology, by End Use Industry and Region: Global Report opportunity Analysis and Industry Forecast, 2020-2030
Building Energy Management Systems Market Size, Share, Competitive Landscape and Trend Analysis Report, by Category, By End-User: Global Opportunity Analysis and Industry Forecast, 2023-2032
AI in Energy Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component type, By Application, By End user, By Deployment Type: Global Opportunity Analysis and Industry Forecast, 2021-2031
Geothermal Power Market Size, Share, Competitive Landscape and Trend Analysis Report, by Power Station Type and End Use: Global Opportunity Analysis and Industry Forecast, 2019-2026
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
Web: https://www.alliedmarketresearch.com/reports-store/energy-and-power
Follow Us on | Facebook | LinkedIn | YouTube
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
SOURCE Allied Market Research