LONDON–(BUSINESSWIRE)–
Alstom, Exxon Mobil, and Panasonic are three key vendors highlighted in a new Technavio report
Technavio has published a new report on the advanced energy market in the US, which is expected to grow at a CAGR of almost 14% from 2015-2019.
Advanced energy market segmentation by technology
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different technologies, including energy efficiency, fuels, power generation, transportation, electricity infrastructure, and others.
The new report by Technavio also highlights the development of new energy technologies which are playing an important role in shaping the global power mix. Concerns about energy security, pollution, and conservation have led to the development of technologies to improve energy efficiency across many industries and sectors in the US.
“The US government is investing heavily in emerging energy technologies such as high-capacity offshore wind turbines and solar CPV to cater to the growing energy demand and develop their overall economy. These developments will contribute significantly to boost market growth in the forecast period,” says Faisal Ghaus, Vice President of Technavio.
Advanced energy: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the advanced energy market in the US from 2015-2019. To calculate the market size, we have considered the revenue realized from the following market segments:
- Energy efficiency
- Fuels
- Power generation
- Transportation
- Electricity infrastructure
- Others
Industry analysis includes:
- Key Vendors:
- Alstom
- Exxon Mobil
- Panasonic
- Schneider Electric
- Siemens Energy
- Market Growth Drivers:
- High demand for energy-efficient technologies
- Growing energy consumption
- Market Challenges:
- Lack of industry standards
- Lack of skilled labor
- Market Trends:
- Emergence of new energy technologies
- Growing government support
View the advanced energy market in the US report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the energy market:
- Global Battery Energy Storage Market for Renewables 2015-2019
- Global Building Energy Software Market 2015-2019
If you are interested in more information, please contact our media team at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20150901005612/en/
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1-630-333-9501
UK: +44 208 123 1770
www.technavio.com
[email protected]
