New report on Green Energy Market by Type Based on type, market is classified into solar energy, wind energy, hydroelectric power, biofuels and others. Solar energy is further classified according to inverter types such as micro inverter, central inverter and string inverter. Hydroelectric power dominates the market due to higher capacity. However, solar energy segment is expected to drive the market in future due to falling cost of related equipment and increasing efficiency.
Green Energy Market by End-User According to end-users, market is categorized into residential, industrial and commercial. At present, both segments are competent. Over the period, provider hosting is expected to drive the market growth due to its cost efficiency. Residential end-user segment is expected to continue growing rapidly even in future. Commercial end-user applications are also expected to increase due to government regulations.
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Green energy is the energy produced by renewable energy sources. The energy produced is clean and does not cause any type of environmental hazards.Using green energy technologies, environment can be maintained at safe conditions. Government regulations can be complied with green technology solutions. The research details the market dynamics with the purpose of conveying market potential to businesses. The market is driven by need for energy related security and environmental concerns. Market faces limitations due to higher installation costs. Market possesses opportunities of growth in future due to comparatively lesser penetration in developing countries. Competitive LandscapeTo penetrate into the green energy market, companies are adopting partnership strategies. For instance, Suzlon Energy Ltd. is forming partnerships with various entities in order to expand market reach. The market is dominated by industry giants such as GE Energy, ABB Ltd., Nordex SE, Suzlon Energy Ltd., Enercon GmbH, Kyocera Solar Inc., US Geothermal Inc., Calpine Corporation, JA Solar Holdings Co. Ltd. and Altera Power Corporation.
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Market by Type
Market by End-Users
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