COVID-19 Impact on Renewable Energy Market by Technology (Wind and Solar), End-User (Utilities, Captive (Industrial, Commercial and Residential) and Region - Global Forecast to 2021

Publisher Name :
Date: 23-Apr-2020
No. of pages: 51
Inquire Before Buying

Contraction in global oil consumption is one of the driving factors for the renewable energy market

The global renewable energy market size is projected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021. The coronavirus pandemic is adding to the uncertainties that the global oil industry face as it contemplates new investments and business strategies. The pressures on companies are increasing, as they need to show that they can deliver not just the energy that economies rely on but also can reduce emissions that the world needs to tackle the climate change challenges.

 The solar segment dominated the renewable energy industry during the forecast period

The solar segment, by technology type, is expected to dominate the global renewable energy market during the forecast period. The solar energy producers’ product portfolio includes inverters, cells, and modules. Some of the major solar energy producers are Canadian Solar (Canada), Jinko Solar (China), SunPower (US), and Tina Solar (China). These manufacturers are still operating with limited production capacities.

The solar producers are negotiating contractual scheduling with their customers. Canadian Solar, which has its substantial PV manufacturing operations in China, has limited cases where the company has to change the shipping schedules. The company is largely able to deliver its orders on-time. This shows that the manufacturers are trying to deliver on time, which is expected to fuel the overall solar segment in the renewable energy market.

The utilities/power producers segment is projected to be the largest renewable energy market during the forecast period

The utilities/power producers segment, by end-user type, is expected to dominate the global renewable energy market during the forecast period. Strict lockdown regulations are stopping people and goods from a free movement, thereby creating a heavy blow to the demand for transport fuels. This is the right time for the utilities to make the transition to 100% renewable energy.

Utilities/power producers, who had already shifted or are planning to shift to the renewable energy sector will be the gainers during the forecast period. Also, the long-term and reliable government policies and increased energy independence are expected to be the key motives for utilities making the transition to 100% renewables in the future.

 Asia Pacific is projected to be the largest and optimistic market during the forecast period

Asia Pacific is the largest renewable energy market, by region, during the forecast period. China and India are two big renewable energy markets in the region, which is the reason for market growth in the region. Several of the top ten solar PV manufacturers (in terms of module shipments) are based in China, including Jinko Solar, JA Solar, Trina Solar, LONGi Solar, Risen Energy, GCL System, and Suntech. These companies are expected to resume their operation by the end of April 2020 because of limited COVID-19 cases in China. This is likely to drive the renewable energy market in the region because North America and Europe are still under strict lockdown regulations.

In-depth interviews were conducted with CXOs, managers, and key executives from various key organizations operating in the renewable energy industry.


  • By Company Type:Tire 1: 65%, Tire 2: 24%, and Tire 3: 11%

  • By Designation: C-level: 30%, Directors: 25%, and Others: 45%

  • By Region:  Asia Pacific: 33%, North America: 27%, Europe: 20%, Middle East & Africa: 13% South America: 7%


The renewable energy market includes major players, such as Siemens Gamesa (Spain), Goldwind (China), General Electric (US), Orsted (Denmark), Canadian Solar (Canada), Jinko Solar (China), Vestas (Denmark), and SolarEdge (Israel). The study includes COVID-19-focused long- and short-term strategies, recent development, and various drivers and opportunities in the overall renewable energy market globally.

Research Coverage

The study covers the renewable energy market across segments. It aims at estimating the market size and its growth potential across different segments such as technology type, end-user, and region. The study also includes an in-depth COVID-19-focused long- and short-term strategies in the market, along with key observations related to disruptions in the renewable industry, customer analysis, recent developments, and key market strategies to cater to the growing market demand during the current pandemic.

Key Benefits of Buying the Report

The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall renewable energy market and sub segments. This report will help stakeholders in gaining more insights to position their businesses better and plan suitable go-to-market strategies. It will also help the stakeholders to understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.

COVID-19 Impact on Renewable Energy Market by Technology (Wind and Solar), End-User (Utilities, Captive (Industrial, Commercial and Residential) and Region - Global Forecast to 2021

Table Of Contents

1 Introduction
1.1 Covid-19
1.2 Confirmed Cases And Deaths By Geography

2 Covid-19 Impact Renewable Energy Ecosystem
2.1 Value Chain Of Renewable Industry
2.2 Impact On Value Chain
2.2.1 Raw Materials/Suppliers
2.2.2 Manufacturing
2.2.3 Transport And Logistics
2.2.4 Installation
2.2.4 Grid Connection
2.2.6 Operation And Maintenance
2.3 Macroeconomic Indicators/
2.3.2 Drivers
2.3.2 Challenges

3 Customer Analysis
3.1 Shift In Solar Power Producers
3.1.1 Disrutption In The Industry
3.1.2 Key Initiatives To Mitigate/Reducethe Impact And To Resume/Improve Production
3.1.3 Solar Energy Supply Chain
3.1.4 New Market Opportunities/Growth Opportunites
3.2 Shift In Wind Energy Producers
3.2.1 Disrutption In The Industry
3.2.2 Key Initiatives To Mitigate/Reducethe Impact And To Resume/Improve Production
3.1.3 Wind Energy Supply Chain
3.2.4 New Market Opportunities/Growth Opportunites

4 Disruptions In Renewable Energy Market
4.1 Biggest Ganiers And Losers By Technology 
4.1.1 Wind
4.1.2 Solar
4.2 Biggest Ganiers And Losers By End Users 
4.2.1 Utilities / Power Producers
4.2.2 Captive (Commercial, Industrial, And Residential)

5 Short Term Strategies Of Renewable Energy Companies Due To Covid-19 Impact
5.1 Impact On Wind Energy Companies Portfolio
5.1.1 Product/Application
5.1.3 Region
5.2 Impact On Solar Energy Companies Portfolio
5.2.1 Product/Application
5.2.3 Region
5.3 Winning Strategies To Gain Market Share
5.3.1 Short Term Strategies
5.3.3 Long Term Strategies

6 Impact Of Covid-19 In Renewable Energy Market
6.1 Renewable Energy By Technology Type
6.1.1 Solar
6.1.2 Wind
6.1.3 Others
6.2 Renewable Energy By End-User
6.2.1 Utilities / Power Producers
6.2.2 Captive
6.2.2.1 Commercial
6.2.2.2 Industrial 
6.2.2.2 Residential 
6.3 Region
6.3.1 North America
6.3.1.1 Us
6.3.1.2 Canada
6.3.1.3 Mexico
6.3.2 Europe
6.3.2.1 Germany
6.3.2.2 Uk
6.3.2.3 France
6.3.2.4 Italy
6.3.2.5 Rest Of Europe
6.3.3 Asia Pacific
6.3.3.1 China
6.3.3.2 India
6.3.3.3 Japan
6.3.3.4 Australia
6.3.3.5 Rest Of Asia Pacific
6.3.4 Middle East & Africa
6.3.4.1 Saudi Arabia
6.3.4.2 Uae
6.3.4.3 South Africa
6.3.4.4 Rest Of Middle East & Africa
6.3.5 South America
6.3.5.1 Brazil
6.3.5.2 Argentina
6.3.5.3 Rest Of South America

  • Global Renewable Propulsion for Marine Vessels Market Size, Status and Forecast 2020-2026
    Published: 02-Jul-2020        Price: US 3900 Onwards        Pages: 94
    Renewable Propulsion for Marine Vessels market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Renewable Propulsion for Marine Vessels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026. The key players covered in this study - Deltamarin ......
  • COVID-19 Outbreak-Global Renewable Energy Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020
    Published: 30-Jun-2020        Price: US 3660 Onwards        Pages: 109
    The Renewable Energy market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025. Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, in......
  • COVID-19 Outbreak-Global Biogas Power Plants Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020
    Published: 28-Jun-2020        Price: US 3660 Onwards        Pages: 125
    A Biogas Power Plant is a decentralized energy system, which can lead to self-sufficiency in heat and power needs, and at the same time reduces environmental pollution. The components of a modern biogas (or anaerobic digestion) plant include: manure collection, anaerobic digester, effluent treatment, gas storage, and gas use/electricity generating equipment. The fresh animal manure is stored in a collection tank before its processing to the homogenization tank which is equipped with a mixer to f......
  • Global Waste-Derived Biogas Market Research Report 2020 (Covid-19 Version)
    Published: 27-Jun-2020        Price: US 3500 Onwards        Pages: 114
    Summary Market Segment as follows: By Region - Asia-Pacific - North America - Europe - South America - Middle East & Africa By Type - Passive Anaerobic Digestion Systems - Landfill Gas Systems - Thermophilic Anaerobic Digestion Systems - Dry Anaerobic Digestion Systems - Mesophilic Anaerobic Digestion Systems By Application - Agricultural - Industrial - O......
  • COVID-19 Impact on Global Marine Energy, Market Insights and Forecast to 2026
    Published: 25-Jun-2020        Price: US 4900 Onwards        Pages: 117
    Marine Energy market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Marine Energy market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026. Segment by Type, the Marine Energy market is segmented into - Wave Energy - Tidal Energy - Ocean Thermal Ene......
  • Bioenergy Market Research: Global Status & Forecast by Geography, Type & Application (2016-2026)
    Published: 25-Jun-2020        Price: US 2280 Onwards        Pages: 46
    Summary According to 99Strategy, the Global Bioenergy Market is estimated to reach xxx million USD in 2020 and projected to grow at the CAGR of xx% during the 2021-2026 The report analyses the global Bioenergy market, the market size and growth, as well as the major market participants. The analysis includes market size, upstream situation, market segmentation, market segmentation, price & cost and industry environment In addition, the report outlines the factors dr......
  • COVID-19 Impact on Global Hybrid Power System, Market Insights and Forecast to 2026
    Published: 25-Jun-2020        Price: US 4900 Onwards        Pages: 147
    Hybrid Power System market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Hybrid Power System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026. Segment by Type, the Hybrid Power System market is segmented into - Residential - Non-residential......
  • COVID-19 Outbreak-Global Hybrid Power Solutions Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020
    Published: 23-Jun-2020        Price: US 3660 Onwards        Pages: 110
    The Hybrid Power Solutions market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025. Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, indu......
  • Global Biogas Power Market Research Report 2020 (Covid-19 Version)
    Published: 23-Jun-2020        Price: US 3500 Onwards        Pages: 120
    Summary Market Segment as follows: By Region - Asia-Pacific - North America - Europe - South America - Middle East & Africa By Type - Livestock Farms - Industry Wastewater - Municipal Sewage - Landfills By Application - Power Industry - Agriculture By Company - Axpo Group - MT-Energie - Xergi - Henan BCCY New Power Industry......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs