How big is the Advanced Energy market in the U.S?

Last Modified: Mon Apr 11 2016 19:54:49 GMT+0530 (India Standard Time)
  • $200 billion
    Size of the U.S. advanced energy market hit, nearly double the nation’s beer market ($102 billion), larger than pharmaceutical manufacturing ($190 billion), and closing in on wholesale consumer electronics ($223 billion)as per the same report.
  • 8%
    Growth in global advanced energy in 2015, led primarily by building efficiency, according to a new report from the Advanced Energy Economy.
  • 29%
    Growth in advanced energy in the United States over the past five years.
  • $63.6 billion
    Building efficiency is the largest single segment of advanced energy technology in the US by revenue. It recorded a 50% growth over 2011.
  • $22.6 billion
    Revenue from Solar - it continues to be a dynamic growth story in the U.S. Even as costs have declined by nearly 50%, revenue from Solar PV increased 21% over last year and nearly triple 2011 revenue.
  • $14.4 billion
    Revenue from Wind - it showed strong growth for the second year in a row, continuing to climb back from a low point in 2013, up 75% over last year.