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Power Generation Market 2022 Latest Research On Industry Growth, Trends, Top Players, & Key Regions By 2030

Nova One Advisor announced the latest study on “Power Generation Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2022-2030″.

The global power generation market size is projected to hit around USD 1810.74 billion by 2030. Furthermore, the growth rate from 2022 to 2030 is positioned to be at a CAGR of 3.59%.

Report Coverage

Report Scope Details
Base Year 2021
Forecast Period 2022 to 2030
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Segments Covered Type, Industry Vertical, Region
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Download Free Sample Copy with TOC, Graphs & List of Figures @ https://www.novaoneadvisor.com/report/sample/6117

Competition Landscape

In the final section of the research report, Nova One Advisor provided the global power generation market structure and a detailed competition landscape to provide a dashboard view of key players operating in the power generation market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the power generation market include:

Abu Dhabi National Energy Company PJSC (TAQA), Abu Dhabi Water and Electricity Authority (ADWEA), Adani Power, AES Gener, AGL Energy, American Electric, Amu Power Company, Areva, BioTherm Energy, Centrica, China Datang Corporation, China Guodian Corporation, and China Huaneng Group

Growth Factors of Power Generation Market 2022-2030

Power generation is one of the most important factors in any modern community. The power generation market is expected to witness rapid growth over the forecast years. This growth is attributed to increase in demand for electricity across the globe. Power generation is carried out by means of conventional/non-renewable and renewable sources of energy. Fossil fuels dominated the global energy generation and alternative power sources have also been witnessing rapid growth over the forecast years.

The diverse types of power generation sources are hydroelectric power generation, fossil fuel electric power technology, nuclear electric power generation, solar electric power generation, wind electric power generation, geothermal electric power generation, biomass electric power generation, and other electric power technology. Increased consumption of electricity in developed and developing countries is expected to boost the global power generation market during the forecast period.

Key Issues Addressed

Market drivers & trends

The rapid increase in population is the key driver for the power generation market. The economic growth observed in developing countries, such as India, China, Brazil, Thailand, Taiwan, South Korea, Indonesia, Argentina, South Africa, Russia, and Mexico, has created lucrative opportunities for the future market players of the power generation market. Moreover, rise in urbanization in developing countries has resulted in a gradual rise in demand for electricity. This has forced governments across the world to take various initiatives to ensure proper power supply in their country. Therefore, this has resulted in rapid increase in investment for the power generation industry. This is expected be a major factor that drives the power generation market over the forecast period.

Smart grid technologies are gaining popularity across the world due to significant their benefits in terms of efficiency and reliability. The rise in demand for smart grids is expected to be a major factor that influences the growth of the global power generation market in the coming years.

Key Highlights

Segments Covered in the Report

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:

By Type

By Industry Vertical

By Geography

North America

Europe

Asia Pacific

Latin America

Middle East & Africa (MEA)

Why should you invest in this report?

If you are aiming to enter the global power generation market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for power generation are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Purchase Full Research Report (Single User License US$ 3500) @ https://www.novaoneadvisor.com/report/checkout/6117

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