Power Generation Market Poised for Steady CAGR Growth from 2024-2031 | State Grid Corporation of China, Engie SA, Electricite de France S.A.

The Power Generation Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Power Generation market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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Global Power Generation Market reached US$ 1.6 billion in 2023 and is expected to reach US$ 2.2 billion by 2031, growing with a CAGR of 4.1% during the forecast period 2024-2031.

Power generation refers to the production of electricity from various energy sources, including fossil fuels, nuclear energy, and renewables like wind, solar, and hydropower. This sector is crucial for supporting global infrastructure, industrial activities, and daily life. Advances in clean energy technologies are driving the transition toward more sustainable and efficient methods of power production. Innovations in power generation help mitigate climate change and ensure energy security.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as

State Grid Corporation of China, Engie SA, Electricite de France S.A., Iberdrola, S.A., National Thermal Power Corporation Limited, NTPC Ltd, ExxonMobil, Chevron Corporation, ABB Ltd, Inc., AES Corporation and Huaneng Power International, Inc.

Key Developments:

❁ In 2022, National Thermal Power Corporation (NTPC) and Bharat Heavy Electricals Limited (BHEL) collaborated to establish India's largest floating solar power plant in the state of Telangana. The facility, with a capacity of 100 MW, is designed to harness solar energy on water bodies, offering a sustainable alternative to traditional land-based solar installations. The plant is expected to reduce 2,10,000 tonnes of carbon dioxide emissions annually, contributing significantly to India's renewable energy goals and its efforts to combat climate change. This project marks a major milestone in the country's transition to clean energy.

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Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Power Generation market has been segmented

By Source: Non-Renewable, Renewable.

By Grid: Off-Grid, On-Grid.

By End-User: Industrial, Commercial, Residential, Transportation.

Research Process

Both primary and secondary data sources have been used in the global Power Generation Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Power Generation Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Power Generation market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Power Generation Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Power Generation market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Power Generation Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Power Generation market?

➠ Who are the global key manufacturers of the Power Generation Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Power Generation market opportunities and threats faced by the vendors in the global Power Generation Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Power Generation market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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