Dallas, Texas (PRWEB) June 26, 2014
Renewable sources of energy are less prone to large-scale failure because they are distributed and modular. Such distributed or modular systems are spread out over large geographical areas and composed of numerous modules such as solar arrays for solar installations and wind turbines in wind installations. Thus, the reliability of renewable energy systems is a new trend that is expected to have a positive impact on the growth of the Renewable Energy market in Europe during the forecast period.
Analysts forecast the Renewable Energy market in Europe will grow at a CAGR of 8.56 percent over the period 2013-2018. According to the report, one of the major drivers in this market is the need for clean sources of energy. Renewable sources of energy such as wind and solar power generate electricity with little or no pollution and nil GHG emissions and hence are referred to as clean sources of electricity generation.
This report covers the present scenario and the growth prospects of the Global GIS market in the Government sector for the period 2014-2018.
The Renewable Energy market in Europe can be segmented into four technologies: Wind, Solar, Biomass and Geothermal.
Renewable Energy Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe; it also covers the Renewable Energy market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in Renewable Energy Market in Europe: Dong Energy A/S, E.ON SE, Enel Spa , Statkraft AS, RWE AG , Iberdrola Renovables Energia SA , Gamesa Corporaci