Denmark Renewable Energy Market Opportunities & Growth 2031

Segments - Denmark Renewable Energy Market by Types (Hydropower Energy, Wind Power Energy, Solar Energy, and Other Types), End-users (Industrial, Residential, Commercial, and Others), and Country (Denmark)¬–Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Swapnil Hedau

Report Description

The Denmark renewable energy market size is expected to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to the increasing energy consumption, traditional power sources unable to meet requirement, and growing numbers in renewable energy manufactures are having good impact on the market.

The renewable energy is useful energy that and can be constantly supplied from tides, waves, rain, and wind. While renewable energy is commonly thought of as a replacement technology, harnessing nature’s power has been used for transportation, lighting, heating, and more. Now that people got innovative and less-expensive ways to capture and retain wind and solar energy, renewables are getting an additional necessary power supply.

The covid-19 outbreak was not able to affect the renewable energy corporations. The renewable energy market players faced several problems varying from getting component required to develop renewable energy and providing end products. The coronavirus-driven confinement places a brake on the element and device production, which increased product costs and reduced the market demand. However, the renewable energy trade is returning to traditional and witnessing the steady increasing energy demand, particularly from the commercial sectors.

Market Trends, Drivers, Restraints, and Opportunities

Increasing consumer purchasing capacity and continually growing population is projected to boost the market in the coming years.
Increasing use of renewable energy to reduce carbon emission in the country is major factor fuelling the market during the forecast period.
Development of renewable energy is not on high priority of the Denmark government is anticipated to hamper market growth.
Lack of awareness and high cost of the product is projected to hamper the market growth in the coming years.
R&D investment and technological advancement in renewable energy is projected to create lucrative opportunities for the market players.

Scope of the Report

The report on the Denmark renewable energy market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Denmark Renewable Energy Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018-2019
Forecast Period	2021-2028
Segmentation	Types (Hydropower Energy, Wind Power Energy, Solar Energy, and Other Types), End-users (Industrial, Residential, Commercial, and others)
Country Scope	Denmark
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players covered in the Report	Better Energy AS; Vattenfall; Siemens Gamesa Renewable Energy SA; Vestas Wind Systems AS; Arcon-Sunmark AS; Oersted AS; and BIGADAN AS

Market Segment Insights

Industrial segment accounts for key share of the market

Based on end-users, the Denmark renewable energy market is divided into industrial, residential, commercial, and others. The industrial segment accounts for a key share of the market. Growth of the market is attributed to government policies, rising need for fossil-free vehicle environment, and increasing population. The residential segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapid urbanization, increased use of renewable energy to stabilize carbon emission in the country, and increase in energy consumption.

Denmark Renewable Energy Market End User

The wind energy segment is anticipated to dominate the market

Based on types, the Denmark renewable energy market is fragmented into hydropower energy, wind power energy, solar energy, and other types. The wind energy segment is anticipated to dominate the market. Growth of the market is attributed to rising population and increasing disposable income. However, the solar energy segment is anticipated to expand at a rapid pace during the forecast period due to factors such increased use of renewable energy to stabilize the carbon emission.

Market outlook

The wind energy held a major market share in the renewable energy market. The 99% energy comes from wind energy in the Denmark and the remaining 1% comes from solar energy. The Denmark electricity mostly generated from fossil fuel, but it is anticipated that the Denmark has a potential for hydropower energy generation. The market of Denmark solar energy holds an opportunity for the market expansion in the future. Growth of the market is attributed to increasing energy consumption, rising per capita income, presence of major market players, cost effective solution for energy generation, rising environmental awareness.

Segments

The Denmark renewable energy market has been segmented on the basis of

Types

Hydropower Energy
Wind Power Energy
Solar Energy
Other Types

End-users

Industrial
Residential
Commercial
Others

Country

Denmark

Key Players

Better Energy AS
Vattenfall
Siemens Gamesa Renewable Energy SA
Vestas Wind Systems AS
Arcon-Sunmark AS
Oersted AS
BIGADAN AS

Competitive Landscape

Key players competing in the Uzbekistan renewable energy market includes Better Energy AS; Vattenfall; Siemens Gamesa Renewable Energy SA; Vestas Wind Systems AS; Arcon-Sunmark AS; Oersted AS; and BIGADAN AS.
Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares, generate revenue and raise their production line of the business in the coming years.

Denmark Renewable Energy Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Renewable Energy Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Renewable Energy Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Renewable Energy Market - Supply Chain
  4.5. Global Renewable Energy Market Forecast
     4.5.1. Renewable Energy Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Renewable Energy Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Renewable Energy Market Absolute $ Opportunity
5. Global Renewable Energy Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Renewable Energy Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Renewable Energy Demand Share Forecast, 2019-2026
6. North America Renewable Energy Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Renewable Energy Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Renewable Energy Demand Share Forecast, 2019-2026
7. Latin America Renewable Energy Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Renewable Energy Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Renewable Energy Demand Share Forecast, 2019-2026
8. Europe Renewable Energy Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Renewable Energy Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Renewable Energy Demand Share Forecast, 2019-2026
9. Asia Pacific Renewable Energy Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Renewable Energy Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Renewable Energy Demand Share Forecast, 2019-2026
10. Middle East & Africa Renewable Energy Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Renewable Energy Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Renewable Energy Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Renewable Energy Market: Market Share Analysis
  11.2. Renewable Energy Distributors and Customers
  11.3. Renewable Energy Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Better Energy AS
     11.4.2. Vattenfall
     11.4.3. Siemens Gamesa Renewable Energy SA
     11.4.4. Vestas Wind Systems AS
     11.4.5. Arcon-Sunmark AS
     11.4.6. Oersted AS
     11.4.7. BIGADAN AS