(EMAILWIRE.COM, December 03, 2019 ) United States Power market continues to report strong growth driven by economic activity, growing residential and industrial sector demand. Conventional fuels account for a dominant share of United States power generation but a rapid increase in the use of renewable fuels is being observed.
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Electric vehicles, rapid industrialization and growing consumption per capita are set to drive the United States power industry growth over the medium-term future. On the other hand, an increasing number of companies are focusing on adopting new technologies such as big data analytics, Internet of things (IoT), smart metering, artificial intelligence and others into their power generation and distribution sectors.
Strong growth in new power plant capacity addition is expected in United States over the forecast period. Both the government-owned and private companies are likely to boost their investments in new power projects in United States amid strong market prospects.
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United States Power Market, Size, Share, Outlook and Growth Opportunities 2020-2026 presents a comprehensive analysis of the countrys power industry. Key trends and critical insights into United States power markets along with key drivers, restraints, and growth opportunities are presented in the report.
United States Electricity, United States Coal-Fired Power, United States Oil Fired Power, and United States Nuclear Fired Power markets are analyzed and forecast to 2026. Further, United States power production including electricity, coal-fired power, gas-fired power, oil-fired power, hydropower electricity generation, and other renewable power production is forecast from 2016 to 2026. Demand for all the power sectors is also forecast during the period.
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United States Power market is compared against five of its competitive markets in the region to analyze the role of United States on the regional front and benchmark its operations.
Global power, Asia Pacific, Europe, Middle East Africa, North America, and Latin America power market outlook is also presented in the report to provide a global perspective of the industry.
United States population and economic outlook are also presented in the report to provide insights and forecasts of macroeconomic factors shaping the future of United States power markets.
Further, business and SWOT profiles of three of the leading power companies in United States are detailed in the report along with recent developments and their impact on overall market growth.
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