Global Power Generation Market to Reach USD 1,723.97 Billion by 2030 with a CAGR of 7.9%
Global Power Generation Market to Reach USD 1,723.97 Billion by 2030, Growing at a 7.9% CAGR Summary The Global Power Generation Market, valued at USD 1,012.46 billion in 2023, is forecasted to expand significantly, reaching nearly USD 1,723.97 billion by 2030. With a steady CAGR of 7.9% during the period of 2024 to 2030, this growth is driven by a transition to renewable energy sources, increasing energy demand, and advancements in generation technologies.
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