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Green Technology Market Outlook 2021: Hidden Trends and Growth Opportunities

Green Technology Market in India 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Green Technology Market. Some of the key players profiled in the study are Adani Power Limited, Bharat Heavy Electricals Limited, Exide Industries Limited, Suzlon Energy Limited, Tata Chemicals Limited, Tata Power Limited, Thermax Limited, Ampere Vehicles Private Limited, Hero Electric Vehicles Private Limited, Mahindra Electric Mobility Limited.

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Market insights
The green technology market in India is mostly dominated by green energy; electric vehicles, and water and wastewater treatment are the other key market segments. In terms of installed capacity, the green energy sector stood at 87.02 GW in FY 2020 and has set a target to reach 275 GW of installed capacity by FY 2027. In terms of sales volume, the electric vehicles market in India reached 156,000 units in FY 2020, expanding at a compound annual growth rate (CAGR) of 66.90% during the FY 2018-FY 2020 period. In terms of revenue, the market for water and wastewater treatment in India is estimated to reach INR 2,141.60 Bn in 2025, expanding at a CAGR of 12.28% during the forecast period.

Segment insights:
Based on installed capacity, the green energy sector in India is dominated by solar energy, followed by wind, biomass and small hydro. Several initiatives to promote solar park, solar cities, solar pumps and the National Solar Mission can be attributed for the remarkable growth of solar capacity in India. India’s installed capacity for wind energy stood at 34.63 GW in FY 2020. Wind energy projects in India are mostly concentrated in the states of Tamil Nadu, Rajasthan and Maharashtra. The country aspires to attain green energy capacities of 175 GW and 275 GW by FY 2022 and FY 2027, respectively. However, supply chain disruptions owing to the pandemic and safeguard duty on solar cells are likely to hinder the installation target.

Electric two-wheelers was the largest segment of the electric vehicles market in India in FY 2020, accounting for ~97.44% of the total sales volume. The other two segments – electric four-wheelers and bus – are slowly gaining traction owing to the gradual adoption of electric vehicles for public transport. Moreover, the growing popularity of hybrid e-cars is expected to propel the electric four-wheelers market.

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Market influencers:
The enormous green energy potential in India, coupled with 100% FDI approval has made India an attractive destination for capital influx. During the FY 2018-FY 2020 period, the green energy sector in India received investments worth ~INR 1.34 Tn. Further, the Indian government’s focus to boost the electric mobility sector is projected to fuel the green technology market in India. Supportive policies like National Electric Mobility Mission Plan (NEMMP) and Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) have fostered the penetration of electric vehicles in India. In addition, investments through public-private partnerships (PPP), reduction in tax and exemption of basic customs duty are estimated to boost the sale of electric vehicles over the forecast period.

The green technology market in India is constrained by the lack of an integrated and unified policy structure and the difficulty in accessing finance. There are numerous policies catering to various sub-segments of the green technology sector, which also lack in terms co-ordination at state and central levels. On the other hand, green technology start-ups face challenges in acquiring early-stage funding. The stringent eligibility criteria act as a roadblock for green tech entrepreneurs to be entitled for government-support schemes. Moreover, challenges in grid integration, scheduling, forecasting and power purchase agreements (PPA) impede the full-realization of green energy potential.

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Key Answers Captured in Study are
Which geography would have better demand for product/services?
What strategies of big players help them acquire share in regional market?
Countries that may see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
How feasible is market for long term investment?
What opportunity the country would offer for existing and new players in the Green Technology market?
Risk side analysis involved with suppliers in specific geography?
What influencing factors driving the demand of Green Technology near future?
What is the impact analysis of various factors in the Green Technology market growth?
What are the recent trends in the regional market and how successful they are?

Read Detailed Index of full Research Study at @ https://www.htfmarketreport.com/reports/2702872-green-technology-market-1

Some extract from Table of Contents
• Overview of Green Technology Market
• Green Technology Size (Sales Volume) Comparison by Type (2019-2025)
• Green Technology Size (Consumption) and Market Share Comparison by Application (2019-2025)
• Green Technology Size (Value) Comparison by Region (2019-2025)
• Green Technology Sales, Revenue and Growth Rate (2019-2025)
• Green Technology Competitive Situation and Trends
• Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
• Analyze competitors, including all important parameters of Green Technology
• Green Technology Manufacturing Cost Analysis
• Marketing Strategy Analysis, Research Conclusions

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia or Oceania [Australia and New Zealand].

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