Summary
Renewable Energy in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Renewable energy market includes net generation of electricity through renewable sources. Market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
- The Indian renewable energy market recorded revenues of $15,977.5 million in 2024, representing a compound annual growth rate (CAGR) of 4.3% between 2019 and 2024.
- Market production volume increased with a CAGR of 6.7% between 2019 and 2024, reaching a total of 393,118.0 GWh in 2024.
- India’s renewable energy market has witnessed significant growth, driven by a robust combination of government support, natural advantages, and private sector involvement.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in India
- Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India renewable energy market with five year forecasts
Reasons to Buy
- What was the size of the India renewable energy market by value in 2024?
- What will be the size of the India renewable energy market in 2029?
- What factors are affecting the strength of competition in the India renewable energy market?
- How has the market performed over the last five years?
- What are the main segments that make up India's renewable energy market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What is the strategy of the leading players?
7.3. What are the most recent developments in the market?
8 Company Profiles
8.1. Adani Green Energy Ltd
8.2. NTPC Ltd
8.3. Tata Power Renewable Energy Ltd
8.4. Torrent Power Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: India renewable energy market value: $ million, 2019-24
Table 2: India renewable energy market volume: GWh, 2019-24
Table 3: India renewable energy market category segmentation: % share, by value, 2019-24
Table 4: India renewable energy market category segmentation: $ million, 2019-24
Table 5: India renewable energy market geography segmentation: $ million, 2024
Table 6: India renewable energy market value forecast: $ million, 2024-29
Table 7: India renewable energy market volume forecast: GWh, 2024-29
Table 8: Adani Green Energy Ltd: Key Facts
Table 9: Adani Green Energy Ltd: Annual Financial Ratios
Table 10: Adani Green Energy Ltd: Key Employees
Table 11: NTPC Ltd: Key Facts
Table 12: NTPC Ltd: Annual Financial Ratios
Table 13: NTPC Ltd: Key Employees
Table 14: Tata Power Renewable Energy Ltd: Key Facts
Table 15: Tata Power Renewable Energy Ltd: Key Employees
Table 16: Torrent Power Ltd: Key Facts
Table 17: Torrent Power Ltd: Annual Financial Ratios
Table 18: Torrent Power Ltd: Key Employees
Table 19: India Size of Population (Million), 2020-24
Table 20: India Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: India GDP (Current Prices, $ Billion), 2020-24
Table 22: India Inflation, 2020-24
Table 23: India Consumer Price Index (Absolute), 2020-24
Table 24: India Exchange Rate, 2019-24
List of Figures
Figure 1: India renewable energy market value: $ million, 2019-24
Figure 2: India renewable energy market volume: GWh, 2019-24
Figure 3: India renewable energy market category segmentation: $ million, 2019-24
Figure 4: India renewable energy market geography segmentation: % share, by value, 2024
Figure 5: India renewable energy market value forecast: $ million, 2024-29
Figure 6: India renewable energy market volume forecast: GWh, 2024-29
Figure 7: Forces driving competition in the renewable energy market in India, 2024
Figure 8: Drivers of buyer power in the renewable energy market in India, 2024
Figure 9: Drivers of supplier power in the renewable energy market in India, 2024
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in India, 2024
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in India, 2024
Figure 12: Drivers of degree of rivalry in the renewable energy market in India, 2024