New York, Aug. 02, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Green Energy Computing Market: Segmented: By Type ; By end-user and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030” – https://www.reportlinker.com/p06481714/?utm_source=GNWGreen energy comes from natural sources such as wind, rain, sunlight, plants, geothermal, and heat. These are renewable energy sources and the energy produced by them is called green energy which is free of all environmental hazards. Renewable energy technologies convert energy from different natural sources such as the sun, tides, wind, and others, into usable forms such as electricity. The renewable energy sector in India is the fourth renewable energy market in the world. It is ranked fourth in wind power, fifth in renewable power, and fifth in solar power.Green Energy Computing Market is expected to project a CAGR of 23.40% during the forecast period, 2021-2030
The International Energy Agency (IEA) reported that wind, solar and hydropower projects are rising at their fastest rate and are expected to expand by 50% in the upcoming years. The growing demands for products that are environmentally friendly and increasing awareness about the same are major factors driving the growth of the green technology and sustainability market. The global energy market is expected to grow in the upcoming years due to the increased pollution and greenhouse emissions in the country, particularly co2. Limited sources such as that fossil fuels as well as the shoot in their prices give way to the renewable market. However, this market requires huge investments which can be a hindrance to the growth of this sector.Based on type
it can be further classified into solar photovoltaic (PV), hydroelectric power, wind energy, geothermal energy, and biofuels. Solar energy is further classified according to inverter types such as micro inverters, string inverters, and central inverters which store the power generated from PV cells. Hydroelectric power dominates the market by fulfilling 15-21% of electricity demand. Although, solar energy is expected to sweep the market in the upcoming years due to the declining cost of equipment and increased efficiency. Wind energy can be further categorized on the type of wind energy turbines into the horizontal axis and vertical axis. Similarly, the biofuels market can be categorized into biodiesel and bioethanol. Geothermal energy is another green energy source that is used for electricity generation.
end-users market
It can be categorized into residential, industrial, and commercial. The residential end-user category, as well as commercial end-user applications, are going to increase in the upcoming years due to government regulations.Drivers
Government’s initiatives to drive the green energy marketHigh cost and underutilization of resources• IBM Corporation
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
• LO3 Energy
• Oracle Corporation
• Tech Mahindra Limited
• Other Prominent Players
GLOBAL GREEN ENERGY COMPUTING MARKET REPORT ALSO CONTAINS AN ANALYSIS ON:
Green energy market segments
• By type
o solar photovoltaic (PV)
o hydroelectric power
o wind energy
o geothermal energy
o biofuels
• By End-user
o Residential
o industrial
o Commercial• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.
Read the full report: https://www.reportlinker.com/p06481714/?utm_source=GNWReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
(GlobeNewsWire)