Advanced Energy Market in the US 2015-2019
About advanced energy technologies
Advanced energy is a broad range of products, services, and technologies that allows the sustainable, secure, and affordable use of energy by making use of best available technologies and practices. These products and services use energy resources more productively and hence present US companies with a financially attractive option. Advanced energy works to make existing energy systems work in a more secure, clean, efficient, and affordable way.
Technavio’s analysts forecast the advanced energy market in the US to grow at a CAGR of 13.6% during the period 2014-2019.
Covered in this report
The report includes the segmentation of the market based on type of technologies (energy efficiency, fuel, power generation, transportation, electricity infrastructure, and others). The report includes a discussion of the key vendors operating in this market.
Technavio’s report, Advanced Energy Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years.
Technavio Announces the Publication of its Research Report – Advanced Energy Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the Advanced Energy Market in the US: Alstom, Exxon Mobil, Panasonic, Schneider Electric and Siemens Energy
The other prominent vendors are: Brammo, Clean Energy Fuels, Calpine, First Solar, GE Energy, Nissan, Silver Springs Network and Tesla
Commenting on the report, an analyst from Technavio’s team said: “The advanced energy market in the US is growing rapidly, driven by the development of new technologies, increase in consumer demand, and stringent environmental regulations. The US government is playing a crucial role in driving innovations and investments in the energy sector, which is the most regulated sector in the US.”
According to the report, continuous innovation and R&D are leading to the development of new and efficient energy technologies. These technologies are enhancing energy generation and are reducing overall energy costs considerably. The advanced energy market in the country is poised for growth, driven by rising energy consumption in the US.
Further, the report states that lack of industry standards hinders innovation in applications, including smart appliances.
Alstom, Exxon Mobil, Panasonic, Schneider Electric, Siemens Energy, Brammo, Clean Energy Fuels, Calpine, First Solar, GE Energy, Nissan, Silver Springs Network, Tesla
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