Global renewable energy market size 2017-2025

Published by Madhumitha Jaganmohan, Jan 27, 2021
The global renewable energy market is expected to continue its upward growth over the next years, reaching 1.5 trillion U.S. dollars on a global scale. Environmental concerns regarding fossil fuels, rapid urbanization, and economic growth in emerging regions are all major factors that are contributing to the projected market growth.

Size of the renewable energy market worldwide in 2017 and 2025 (in billion U.S. dollars)

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Sources

Release date

August 2019

Region

Worldwide

Survey time period

2017

Supplementary notes

* Projection based on a CAGR of 6.1 percent from 2018 to 2025.

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