Global Energy Markets and Technologies
September 27, 2011
Wellesley, Mass. – In a recent release, GLOBAL ENERGY MARKETS AND TECHNOLOGIES (EGY075A) from BCC Research (www.bccresearch.com), the global market for new electricity generation capacity is expected to be $288 billion in 2011 and is forecast to grow to nearly $305 billion in 2016, increasing at a five-year compound annual growth rate (CAGR) of 1.1%.
The global energy market can be broken down into five regions – Asia, Europe, North America, Pacific and Indian Ocean, and the rest of the world.
The Asian region held a value of nearly $143.4 billion in 2011, and is expected to increase at a CAGR of 4% to nearly $174.5 billion in 2016.
The European region held a value of $49.8 billion in 2011, and is expected to decrease at a CAGR of -5.6% to $37.3 billion in 2016.
The North American region held a value of $38.5 billion in 2011, and is expected to decrease at a CAGR of -10.7% to nearly $21.9 billion in 2016.
The Pacific and Indian Ocean region was worth $31 billion in 2011, and in 2016 is expected to be worth nearly $41 billion, increasing at a CAGR of 5.6%.
The region consisting of the rest of the world totaled $25.3 billion in 2011 and in 2016 should reach nearly $30.4 billion, a CAGR of 3.7%.
The electricity generation industry is one of the largest industries in the world, and one of the driving forces behind the global economy. Electricity generation is essential for global manufacturing, IT, resource extraction, and services industries. The future of the electricity industry is closely linked to the future of the global economy and the global environment.
Electricity generation includes both large-scale commercial and industrial, grid-connected, centralized power plants linked to the most-populated metropolitan areas in the world, as well as small-scale generation in remote locations. This report looks at the industry as a whole and is segmented into three parts – generation, transmission, and distribution.
The importance of identifying overall market trends, product opportunities, emerging geographies, merger-and-acquisition opportunities, and insights that provide guidance for sales growth or defensive moves cannot be overstated. This is especially true for a variety of constituents, including established companies in the industry, emerging energy technology players, investment firms evaluating candidates for venture capital or hedged investments, and equity analysts. This report is also an invaluable tool for business planners, licensing strategists, product managers, market research analysts, investors, investor consultants and anyone interested in the global electricity generation market, the industry’s structure, and industry participants across the globe.
In addition to EGY075A, BCC also has published EGY081A, EGY082A, EGY083A, EGY084A, and EGY085A. These reports cover energy markets and technologies with focuses, respectively, in North America, Europe, Asia, the Pacific/Indian Ocean region, and in emerging markets.
Global Energy Markets and Technologies( EGY075A )
Publish Date: Sep 2011
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
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