Power & Renewables Market Research Report

ular basis to provide the clients with instant online access to the current status of markets. The power & renewables sector is gaining more attention from the investors worldwide. This is further resulting into considerable industry expansion and rapid commercialization of renewable energy. The solar photovoltaics (PV) and wind power markets are considered to be the perfect examples of this. The sector tends to be more labour-intensive and hence, promises employment gains. Beyond the power sector, renewables at present play a minute role in transport, cooling, and heating. However, they provide enough energy to meet the demand for over one quarter of electricity. This is one of the major factors that are set to open door to new opportunities for the key players in the coming years. Even though technologies exist to utilize higher amount of renewables in these industries, ineffective and inconsistent policies, as well as lack of ambition are slowing down progress. Climate-friendly technologies must be taken into consideration. Since the past few years, several countries are aiming to achieve almost 100% of their electricity from renewable energy resources. Our reports will provide a clear understanding of this sub-domain.