Published on : Jan 23, 2017
ALBANY, New York, January 23, 2017: A report, titled “Global Alternative Energy Sales Market Report 2017,” featured on ResearchMoz.us offers an in-depth analysis of the current market landscape and offers projections for the coming years.
In the face of depleting fossil fuels, erratic supply of crude on account of geopolitical tensions, pressing energy needs worldwide, and most importantly rising concerns about global warming, alternative energy has assumed added significance. Various types of alternative energy such as solar, hydroelectricity, wind, biomass, and geothermal, among others are seeing an uptick in demand because they are environmental-friendly, cost-effective, and clean. In fact, the International Energy Agency has substantially raised its five-year growth forecast for alternative energy on account of the favorable policies of governments in key countries and dramatic cost reductions.
However, fossil fuel and nuclear technologies will continue having a stronghold over the market because of the dearth of proper commercialization of alternative energies which will likely hamper their swift uptake. Factors posing a roadblock to their commercialization is the lack of proper infrastructure and economies of scale. Besides, high initial investments are required to build infrastructure which is another market deterrent.
The report on global alternative energy sales classifies the market by the type of energy. Currently, wind energy is the most used type of alternative energy on account of its being in a mature stage of development. It is followed by solar energy. The report also segments the market based on the various applications of alternative energy into commercial, residential, transportation, industrial, and others. Region-wise, it segments the market into Europe, Southeast Asia, the U.S., Japan, India, and China. China is a major market among them on account of solid efforts by its government to bring down the alarming levels of air pollution and diversify the fuel mix. Europe is another major market on account of the massive thrust on offshore wind energy and ocean energy.
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The report analyzes each segment to uncover its market share and growth prospects. It estimates the current market size based on revenues. It uses market leading analytical tools such as Porter’s Five Forces and SWOT analysis to gauge the opportunities and threats awaiting new and existing players in the market. The report also throws light on the cost of manufacturing of various types of alternative energies by factoring in the key raw materials and underpinning technologies, their availability, and prices.
The report furnishes information on the key technologies leveraged in the processing of harnessing and distributing various kinds of alternative energy. It studies the advancement in related technologies and the macro and micro factors impacting the market. The report also profiles prominent participants operating in the global alternative energy sales market. Some of them are BrightSource Energy, Abengoa, GE Energy, Acciona, Hitachi, Siemens, and Areva.
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