Energy Transition Market : Benefit to Society

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Opportunity Analysis and Industry Forecast,
2016-2023
Energy Transition Market by Type, by Application,
By Region Global Opportunity Analysis and
Industry Forecast, 2022-2031
Pages 248 Tables 143 Charts 84
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• Top Impacting Factors
• The global energy transition market size was
  valued at 2.3 trillion in 2021, and projected to
  reach 5.6 trillion by 2031, with a CAGR of 9.3
  from 2022 to 2031.
• Energy transition simply defines transformation
  of fossil fuels to renewable energy sources,
  which results in reduction in carbon emission and
  produces green energy.
• Prominent sectors of energy transition include
  energy storage, renewable energies, electric
  vehicles, heating, nuclear energy, hydrogen, and
  others.
• It is anticipated that the sector would continue
  to increase efficiency in 2023 with bigger
  turbines, taller towers, and longer cables.

Global Energy Transition Market Outlook (2022
2031)
Pages 248 Tables 143 Charts 84
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• To increase efficiencies, wind turbine
  manufacturers are adopting larger turbines.
• The energy transition market is segmented on the
  basis of by type, application, and region.
• On the basis of type, it is segmented into
  renewable energy, bioenergy, and electrification,
  energy efficiency, hydrogen, others.
• Region wise, the market is studied across North
  America, Europe, Asia-Pacific, and LAMEA.
• On the basis of application, the market is
  classified into residential, commercial, and
  utility-scale

Global Energy Transition Market Outlook (2022
2031)
Pages 248 Tables 143 Charts 84
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• Key Findings of The Energy Transition Market
• The Renewable Energy segment accounted for 31.4
  energy transition market share in 2021 and is
  anticipated to grow at a rate of 9.8 in terms of
  revenue, increasing its share in the global
  energy transition market during the forecast
  period.
• The utility segment is the fastest-growing
  application segment in the global energy
  transition market and is expected to grow at a
  CAGR of 9.6 during 20212031.
• In 2021, Asia-Pacific region dominated the global
  energy transition market with more than 48.7 of
  the share, in terms of revenue.

Global Energy Transition Market Outlook (2022
2031)
Pages 248 Tables 143 Charts 84
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• The key players profiled in the report include
• Exelon Corporation
• Duke Energy Corporation
• Pacific Gas and Electric Company
• Southern Company
• American Electric Power
• Edison International
• Repsol
• Brookfield Renewable Partners
• Ørsted A/S
• NextEra Energy, Inc

Global Energy Transition Market Outlook (2022
2031)
Pages 248 Tables 143 Charts 84
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Global Energy Transition Market Outlook (2022
2031)
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