Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Competitive Landscape

Market leaders are engaged in constructing new power plants to cater to high demand for renewable energy and electricity.

 

  • Siemens AG
  • NextEra Energy, Inc.
  • General Electric Co.
  • Sunrun, Inc.
  • Cypress Creek Renewables LLC
  • Vestas Wind Systems A/S
  • Trina Solar Co., Ltd
  • Ecoplexus, Inc.
  • Recurrent Energy Inc.
  • Good Energy
  • Others

 

United States Renewable Energy Market Report Snapshots

United States Renewable Energy Market Size

United States Renewable Energy Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The United States renewable energy market value is projected to grow at a CAGR of 10.10% between 2024 and 2032.

Renewable energy is energy that is collected from resources that are naturally replenished, such as sunlight, wind, rain, tides, waves, and geothermal heat.

The major market driver includes declining costs of solar and wind energy, strong government support, rising consumer awareness, technological advancements, and growing concerns about climate change and pollution.

Key trends aiding the market expansion are innovations in photovoltaics and big data/AI, increasing investment in solar and wind projects, and the evolving balance between decarbonisation and security of energy supply.

Major regions in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

Renewable energy can be sourced through hydro, solar, and wind, among others.

Based on end users, the market is segmented into residential, commercial, and industrial.

Key players in the market are Siemens AG, NextEra Energy, Inc. General Electric Co., Sunrun, Inc., Cypress Creek Renewables LLC, Vestas Wind Systems A/S, Trina Solar Co., Ltd, Ecoplexus, Inc., Recurrent Energy Inc., and Good Energy, among others.

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