The global Energy and Power sector was valued at USD 995.5 billion by the end of 2022 and is expected to increase to USD 2,701.87 billion by 2032. This growth was projected at a CAGR of 10.5% during the period 2022-2032.
We assist utilities, renewable groups, new entrants, start-ups, and developers, as well as oil majors and power-generation companies, in accelerating sustainable and inclusive growth during the energy transition. Companies can realize this through digitization, automation, AI, and other means to gain lasting value and keep up with consumer trends and market dynamics.
The Energy and Power sector is highly regulated and commercially competitive. The world is constantly changing and engineers and large organizations are crucial in managing that change. They can implement short-term solutions quickly, and safely, or develop long-term solutions.
The Energy and Power industry is seeing a lot of growth thanks to trends like decarbonization, distributed energy generation on-site, and digital service solutions.
The Energy and Power industry has three main priorities: affordability, security, and decarbonization. However, most energy sources can’t meet all three.
This is where Market.us comes into play.
We use the power of analytics and research for our clients to create and implement platform-based business models, along with making informed decisions.
Market.us has established itself as a reliable source of verifiable business information. We offer extensively valuable insights on various business data needs that professionals in Energy and Power may then use to address potential challenges, thus positively influencing the growth trajectory of their respective organizations or business.
We analyze and comprehend the key trends and developments in the sector to support our clients’ key strategic plans and business decisions. We can provide the right help which our clients can leverage. They can then gain the right business intelligence needed and build more efficient and economically-sound strategies.
We utilize primary and secondary information sources when formulating comprehensively quantifiable strategies that address our clients’ areas of interest.
Market.us provides a short gist on this Energy and Power Industry.
Many governments have been preparing their energy sector to transition to emissions-free sources in recent years. The demand for sustainable energy is increasing as the public becomes more aware of the environmental impact of human activities.
Multiple commodities have seen price increases as a result of the economic recovery following the COVID-19 pandemic. The conflict in Ukraine has triggered an increase in energy prices and security of supply concerns. The transition to a lower carbon energy system is continuing and accelerating. In the next decade, we will likely witness a rapidly changing energy landscape.
Our Energy and Power category segmentation encompasses:
Green/ Renewable Energy
Non-Renewable/Conventional Energy
Power Equipment and Devices
Transmission, Storage, and Distribution
Energy Efficiency and Conservation
Utility
Read More ▾
