Clean energy is becoming progressively more competitive with newly built conventional power plants. In Europe, decreasing wholesale prices initiating from slow demand of power, overcapacity, low CO2 costs and rising penetration of renewable are some of the factors responsible for declining investment in clean energy market. As a result, policy incentives are required to drive progress in clean energy technologies. Surge in the industrialization all over the world have created innovative technologies that have a major and positive effect on human life. Rise in the rates of pollution, environmental concerns as well as human health has urged the need for maximizing the energy production cleaner energy sources. Furthermore, high rate of pollution due to burning conventional fuels such as petroleum and coal can be decreased by increasing the utilization of cleaner energy sources, thus creating an enormous demand from the global clean energy market. Emerging technologies in clean energy market can capture new niche markets through the implementation of new business models. Therefore, market creation, technology penetration and developments of emerging technologies are some of the key measures of progress in the deployment of clean energy.
 
Clean energy market can be segmented based on the industries in which clean energies are organized. Bio fuels, wind power, solar power are some of the most commonly pursued avenues. Huge demand of clean energy is expected to capture for these segments, creating the scope for rapid growth in clean energy market. The end users responsible for this huge demand include power generation, industrial, transportation and commercial sectors. 
 
North America is one of the leading regional segments in clean energy market, followed by Europe. On the other hand, Asia Pacific and Rest of the World (RoW) are showing rapid growth in the clean energy sector. China is expected to experience considerable growth rates in upcoming years. China has supported clean transport technologies to improve urban air quality. Other countries such as India, Australia and Brazil are bolstering value chain for clean energy. In addition, India and China are projected to witness substantial profits in global clean energy market, due to rising manufacturing output thereby augmenting the demand for clean energy technologies. India is currently focusing on grid and line loss applications to improve the value chain for clean energy technologies. 
 
Stringent regulations by government organizations such as Environmental Protection Agency (EPA) and International Maritime Organization (IMO) against the carbon emissions is one the leading factors driving the clean energy market. In addition, the support from the governments in the form of subsidies and tax benefits on the utilization of clean energy is also positively effecting the deployment of clean energy technologies. Lack of awareness among the end users regarding the potential benefits of clean energy is one of the major restraints to the clean energy market. Lack of aftermarket services for repairing of clean energy equipments such as solar panels and wind turbines is another restraint to the market.  
 
Some of the leading market players in the global clean energy market include the companies such as Amereco Biofuels Corp., Diversified Energy Corporation, Suntech Power Co. Ltd., First Solar Inc., GE Energy, Suzlon Group, Pure Earth Energy Resources LLC. and Siemens Wind Power among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Clean Energy Market

Pre Book