Green Power Market Report by Power Source (Wind, Solar, Low Impact Hydro, Biomass, and Others), End Use Sector (Transport, Industrial, Non-combusted, Buildings, and Others), and Region 2025-2033
Market Report I 2025-04-01 I 135 Pages I IMARC Group
The global green power market size reached USD 72.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 172.4 Billion by 2033, exhibiting a growth rate (CAGR) of 9.59% during 2025-2033.
Green power refers to the electrical energy generated from environment-friendly and renewable sources, such as geothermal, wind, solar, and low-impact biomass and hydropower. Its production does not release toxic greenhouse gases into the atmosphere, resulting in very little or no environmental impact. It helps offset the emissions of oxide, nitrogen dioxide, and sulfur dioxide, which causes less damage to the environment and human health compared to their conventional counterparts.
Green Power Market Trends:
The growing global population and rapid urbanization are leading to the rising need for electricity generation. This represents one of the key factors positively influencing the market. The increasing construction of residential and commercial buildings, along with the expansion of various industries, are driving the consumption of electricity, which is impelling the market growth. Apart from this, the rising awareness among the masses about the health and environmental benefits of green power is creating a positive market outlook. The shifting consumer preference towards electric vehicles (EVs) is also contributing to the market growth. EVs eliminate tailpipe emissions, minimize dependence on fossil fuels, enhance community health, safeguard energy security, and improve employment and upskilling. This, in turn, is catalyzing the demand for naturally replenished green power sources. The rapid electrification of the transportation and industrial sectors, along with the expansion of the electrical value chain in the oil and gas industry, is stimulating market growth. Furthermore, rising government initiatives to install renewable energy sources are offering lucrative growth opportunities to manufacturers. Additionally, governments of various countries are organizing awareness campaigns to educate individuals about the availability of green power sources. Moreover, numerous innovations and advantages associated with renewable energy are resulting in faster energy transition, thus bolstering the green power industry.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global green power market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on power source and end use sector.
Breakup by Power Source:
- Wind
- Solar
- Low Impact Hydro
- Biomass
- Others
Breakup by End Use Sector:
- Transport
- Industrial
- Non-combusted
- Buildings
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Acciona S.A., Adani Green Energy Limited (Adani Group), Electricite de France S.A., GE Renewable Energy (General Electric Company), Iberdrola S.A., Innergex Renewable Energy (Hydro-Quebec), Invenergy LLC, NextEra Energy Inc., Orsted AS, Siemens Energy AG, Suzlon Energy Limited and Tata Power Company Limited.
Key Questions Answered in This Report
1.What was the size of the global green power market in 2024?
2.What is the expected growth rate of the global green power market during 2025-2033?
3.What are the key factors driving the global green power market?
4.What has been the impact of COVID-19 on the global green power market?
5.What is the breakup of the global green power market based on the power source?
6.What is the breakup of the global green power market based on the end use sector?
7.What are the key regions in the global green power market?
8.Who are the key players/companies in the global green power market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Green Power Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Power Source
6.1 Wind
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Solar
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Low Impact Hydro
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Biomass
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by End Use Sector
7.1 Transport
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Industrial
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Non-combusted
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Buildings
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 ABB Ltd.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Acciona S.A.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Adani Green Energy Limited (Adani Group)
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.4 Electricite de France S.A.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 GE Renewable Energy (General Electric Company)
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 Iberdrola S.A.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Innergex Renewable Energy (Hydro-Quebec)
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Invenergy LLC
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 SWOT Analysis
13.3.9 NextEra Energy Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 Orsted AS
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11 Siemens Energy AG
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.12 Suzlon Energy Limited
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
13.3.13 Tata Power Company Limited
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials
13.3.13.4 SWOT Analysis
?Figure 1: Global: Green Power Market: Major Drivers and Challenges
Figure 2: Global: Green Power Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Green Power Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 4: Global: Green Power Market: Breakup by Power Source (in %), 2024
Figure 5: Global: Green Power Market: Breakup by End Use Sector (in %), 2024
Figure 6: Global: Green Power Market: Breakup by Region (in %), 2024
Figure 7: Global: Green Power (Wind) Market: Sales Value (in Million USD), 2019 & 2024
Figure 8: Global: Green Power (Wind) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 9: Global: Green Power (Solar) Market: Sales Value (in Million USD), 2019 & 2024
Figure 10: Global: Green Power (Solar) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 11: Global: Green Power (Low Impact Hydro) Market: Sales Value (in Million USD), 2019 & 2024
Figure 12: Global: Green Power (Low Impact Hydro) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 13: Global: Green Power (Biomass) Market: Sales Value (in Million USD), 2019 & 2024
Figure 14: Global: Green Power (Biomass) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 15: Global: Green Power (Other Power Sources) Market: Sales Value (in Million USD), 2019 & 2024
Figure 16: Global: Green Power (Other Power Sources) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 17: Global: Green Power (Transport) Market: Sales Value (in Million USD), 2019 & 2024
Figure 18: Global: Green Power (Transport) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 19: Global: Green Power (Industrial) Market: Sales Value (in Million USD), 2019 & 2024
Figure 20: Global: Green Power (Industrial) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 21: Global: Green Power (Non-combusted) Market: Sales Value (in Million USD), 2019 & 2024
Figure 22: Global: Green Power (Non-combusted) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 23: Global: Green Power (Buildings) Market: Sales Value (in Million USD), 2019 & 2024
Figure 24: Global: Green Power (Buildings) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 25: Global: Green Power (Other End Use Sectors) Market: Sales Value (in Million USD), 2019 & 2024
Figure 26: Global: Green Power (Other End Use Sectors) Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 27: North America: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 28: North America: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 29: United States: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 30: United States: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 31: Canada: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 32: Canada: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 33: Asia-Pacific: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 34: Asia-Pacific: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 35: China: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 36: China: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 37: Japan: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 38: Japan: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 39: India: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 40: India: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 41: South Korea: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 42: South Korea: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 43: Australia: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 44: Australia: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 45: Indonesia: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 46: Indonesia: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 47: Others: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 48: Others: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 49: Europe: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 50: Europe: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 51: Germany: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 52: Germany: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 53: France: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 54: France: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 55: United Kingdom: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 56: United Kingdom: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 57: Italy: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 58: Italy: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 59: Spain: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 60: Spain: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 61: Russia: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 62: Russia: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 63: Others: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 64: Others: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 65: Latin America: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 66: Latin America: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 67: Brazil: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 68: Brazil: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 69: Mexico: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 70: Mexico: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 71: Others: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 72: Others: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 73: Middle East and Africa: Green Power Market: Sales Value (in Million USD), 2019 & 2024
Figure 74: Middle East and Africa: Green Power Market: Breakup by Country (in %), 2024
Figure 75: Middle East and Africa: Green Power Market Forecast: Sales Value (in Million USD), 2025-2033
Figure 76: Global: Green Power Industry: SWOT Analysis
Figure 77: Global: Green Power Industry: Value Chain Analysis
Figure 78: Global: Green Power Industry: Porter's Five Forces Analysis
Table 1: Global: Green Power Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: Green Power Market Forecast: Breakup by Power Source (in Million USD), 2025-2033
Table 3: Global: Green Power Market Forecast: Breakup by End Use Sector (in Million USD), 2025-2033
Table 4: Global: Green Power Market Forecast: Breakup by Region (in Million USD), 2025-2033
Table 5: Global: Green Power Market: Competitive Structure
Table 6: Global: Green Power Market: Key Players
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