Electricity Generation market includes power generation companies that produce electricity using a variety of sources such as hydro, fossil fuels, solar, nuclear wind and biomass.
Electricity Generation Global Market Size
The global electricity generation market was valued at $1212.2 billion in 2017. Asia Pacific was the largest geographic region accounting for $505.4 billion or 41.7% of the global market. China was the largest country accounting for $241.2 billion or 19.9% of the global electricity generation market.
Electricity Generation Global Market Trend
Natural gas and renewable energy sources are increasingly being used For generating electricity to reduce the greenhouse gas emissions. Renewable energy sources include electricity generated from solar, wind, hydropower, geothermal and biomass. The use of natural gas and renewable energy sources help to reduce the environmental damage caused by the earlier methods of using fossil fuels and coal.
The companies covered are Enel, Engie, Iberdrola, Exelon, and Duke Energy.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Electricity Generation Global Market Segmentation
The electricity generation market is segmented into Hydroelectric Power Generation; Fossil Fuel Electric Power Generation; Nuclear Electric Power Generation; Solar Electric Power Generation; Wind Electric Power Generation; Geothermal Electric Power Generation; Biomass Electric Power Generation; and Other Electric Power Generation.
Hydroelectric Power Generation includes companies primarily involved in operating hydroelectric power generation facilities. These facilities use water power to drive a turbine and produce electric energy.
Fossil Fuel Electric Power Generation comprises establishments involved in operating fossil fuel powered electric power generation facilities. They use fossil fuels, such as coal, oil, or gas, in internal combustion or combustion turbine conventional steam process to produce electric energy.
Nuclear Electric Power Generation companies operate nuclear electric power generation facilities. These facilities use nuclear power to produce electric energy.
Solar Electric Power Generation establishments primarily involved in operating solar electric power generation facilities. These facilities use energy from the sun to produce electric energy.
Wind Electric Power Generation includes establishments involved in operating wind electric power generation facilities. These facilities use wind power to drive a turbine and produce electric energy.
Geothermal Electric Power Generation comprises companies involved in operating geothermal electric power generation facilities. These facilities use heat derived from the Earth to produce electric energy.
Biomass Electric Power Generation establishments operate biomass electric power generation facilities. These facilities use biomass, such as wood, waste, and alcohol fuels to produce electric energy.
Other Electric Power Generation includes establishments involved in operating electric power generation facilities (except hydroelectric, fossil fuel, nuclear, solar, wind, geothermal, biomass). These facilities convert other forms of energy, such as tidal power, into electric energy.