Energy Transition Market Outlook — Projections for pace and composition of the global/regional energy transition.

The Energy Transition Market Outlook is exceptionally positive. The momentum is undeniable, with both public and private sectors pouring resources into a clean energy future. The market is expected to continue its rapid growth, driven by ongoing technological innovation, supportive policies, and a global commitment to climate action. While challenges remain, such as grid modernization and securing critical raw materials, the overall trajectory is clear. The energy transition is not a fleeting trend but a fundamental economic transformation that will continue to create opportunities and reshape the world for decades to come.

Beyond geographical shifts, the market share is also changing between technologies. For example, while solar and wind energy have a dominant share of new capacity additions, other sectors like green hydrogen and carbon capture and storage are gaining ground. The market is also becoming more democratized, with new startups and smaller companies specializing in software, data analytics, and decentralized solutions carving out their own niches. The market share of traditional fossil fuel companies is steadily decreasing as they face competition from cleaner, more agile players.