Canada Renewable Energy Market Size & Outlook, 2025-2033
OverviewCanada Renewable Energy Market Highlights
- Market Strides analysis indicates that the Canada Renewable Energy Market size, valued at USD 127.8 Billion in 2024, is expected to expand to USD 442.70 Billion by 2033.
- The Canada market is forecasted to expand at a CAGR of 14.81% spanning 2026–2033.
- Solar held the leading position among By Technology segments in 2024, based on market size.
- Wind is projected to post the fastest growth rate, sustaining its position as the most attractive By Technology segment during the forecast horizon.
Source: MS Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Canada represented 8.48% of the overall global Renewable Energy Market size.
- United States is projected to lead the global Renewable Energy Market size by 2033.
- Across North America, United States is anticipated to hold the dominant position in market by 2033.
- United States is forecasted to expand at the fastest pace in North America, attaining USD 30555.21 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 127.8 Billion |
| Market Size In 2033 | USD 442.70 Billion |
| Largest segment | Solar |
| Units | Revenue in USD Billion |
| CAGR | 14.81% (2025-2033) |
| Segmnetation Covered | |
| By Technology |
|
| By Application |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Canada Renewable Energy Market By Technology 2025-2033 (USD Billion)
| By Technology | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Solar | XX.x | XX.x | XX.x | 57.98 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Wind | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Bioenergy | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: MS Analysis Company Publications, Primary Interviews.
Canada Renewable Energy Market By Application 2025-2033 (USD Billion)
| By Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Utility-Scale | XX.x | XX.x | XX.x | 71.61 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Distributed | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: MS Analysis Company Publications, Primary Interviews.
Author :
Market Strides Research Team
The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.
Related Reports
Report Details
| Author | Market Strides Research Team |
| Format | PDF & Excel |
| Language | English |
| Published | Nov, 2025 |
USD 2100
Buy Now
"A sample report is available for preview before making a purchase decision."