DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "World Green Energy Market - Opportunities and Forecasts, 2014 - 2022" report to their offering.
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.
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.
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.
Scope of the Report:
Market by Type:
Solar Energy -
- Micro Inverter
- String Inverter
Wind Energy -
- Hydroelectric Energy
For more information about this report visit http://www.researchandmarkets.com/research/gs55kz/world_green