Transparency Market Research published a new report titled on "Green Energy Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2013 - 2019," which states that the global green energy market is projected to have a market size of USD 831.99 billion by 2019. This growth is estimated to grow at a CAGR of 8.3% from 2013 to 2019.
The demand and emphasis on the sustainable, green, and renewable energy sources is exalted due to the depleting energy resources and ever rising energy demands across the world. Green energy is clean energy which is produced by renewable energy sources. This type of energy does not cause any environmental hazards and can be maintained in variable safe conditions. There are many encouraging government regulations which comply with the shift towards the use of renewable and natural energy resources for fulfilling the basic energy demands.
The major factors driving the growth in demand for global green energy market include environ
