Power Generation Market Expected to Grow at 7.9% CAGR, Reaching USD 1.72 Trillion by 2030
Power Generation Market Set to Grow at 7.9% CAGR, Expected to Reach USD 1.72 Trillion by 2030 Summary: The global power generation market, valued at USD 1.012 trillion in 2023, is expected to experience significant growth over the forecast period. With a projected compound annual growth rate (CAGR) of 7.9%, the market is forecast to reach approximately USD 1.723 trillion by 2030. The market growth is driven by increasing energy demand, technological advancements, and a shift towards renewable energy sources. Request Your Complimentary Sample Here: https://www.maximizemarketresearch.com/request-sample/30429/ Market Size: The power generation market is poised for remarkable growth, increasing from USD 1.012 trillion in 2023 to an expected USD 1.723 trillion by 2030. This rapid expansion reflects a CAGR of 7.9%, fueled by a combination of demand for clean energy solutions, technological advancements in energy generation, and robust investments in both renewa...