What is Electricity Generation?
Electricity generated from renewable sources, nuclear power plants, hydro power plants (excluding pumped storage), geothermal systems, solar panels, biofuels, wind, as well as other sources is referred to as electricity generation. It encompasses electricity generated in both electricity-only and combined heat and power plants. Where data is available, respectively main activity producer and auto producer plants would be included. As their primary activity, primary activity producers generate electricity for selling to third parties. Auto producers create power entirely or partially toward their own using it as a secondary activity to their primary activity. Plants of either type can be privately or publicly owned. This metric is expressed in gigawatt hours and as a percentage of total energy generation.
|Unit||Value (USD Million)|
|Key Companies Profiled||NEXTERA ENERGY (United States), TOTALENERGIES SE (France), ANALOG DEVICES (United States), ENBRIDGE (Canada), DUKE ENERGY CORPORATION (United States), ENEL (Italy), THE SOUTHERN COMPANY (United States), EATON CORPORATION (Ireland), DOMINION ENERGY (United States) and Centrica (United Kingdom)|
The market study is broken down by Type (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 Others), by Application (Industrial, Commercial and Residential) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Manufacturers from United States will contribute to the maximum growth of Global Electricity Generation market throughout the predicted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
NEXTERA ENERGY (United States), TOTALENERGIES SE (France), ANALOG DEVICES (United States), ENBRIDGE (Canada), DUKE ENERGY CORPORATION (United States), ENEL (Italy), THE SOUTHERN COMPANY (United States), EATON CORPORATION (Ireland), DOMINION ENERGY (United States) and Centrica (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are INFINEON TECHNOLOGIES AG (Germany) and Amu Power Company (Kenya).
AdvanceMarketAnalytics has segmented the market of Global Electricity Generation market by Type, Application and Region.
On the basis of geography, the market of Electricity Generation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Electricity , the sub-segment i.e. Static Electricity will boost the Electricity Generation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology , the sub-segment i.e. Gas Turbines will boost the Electricity Generation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sources, the sub-segment i.e. Fossil Fuels (Coal, Natural Gas, And Petroleum) will boost the Electricity Generation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 12 October 2021, Enbridge Inc. announced the closing of the acquisition of Moda Midstream Operating from Encap Flatrock Midstream. The acquisition significantly advances the Company's U.S. Gulf Coast export strategy and connectivity to low-cost and long-lived reserves in the Permian and Eagle Ford basins. and On 5 January 2022, Power management company Eaton announced it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets
- The Rise In Adoption Of Renewable Electricity Generation Technology
- Increase In Demand For Electricity Has Increased The Power Generation Activities Across The Globe
- The Rapid Increase In Population Is The Rising The Demand For Electricity Generation Market
- Rise In Urbanization In Developing Nations Has Caused Rise In Demand For Electricity
- High Initial Cost And Time Required For Installing Electricity Plants May Restraints The Electricity Generation Market
- High Maintenance Cost Hindering The Electricity Generation Market
Key Target AudienceElectricity Generation, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as NEXTERA ENERGY (United States), TOTALENERGIES SE (France), ANALOG DEVICES (United States), ENBRIDGE (Canada), DUKE ENERGY CORPORATION (United States), ENEL (Italy), THE SOUTHERN COMPANY (United States), EATON CORPORATION (Ireland), DOMINION ENERGY (United States) and Centrica (United Kingdom) etc.
2. Can we have customized study for Electricity Generation Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Electricity Generation Market by 2027?
Analysts at AMA estimates Electricity Generation Market to reach USD Million by 2027.