Energy is one of the most important
factors in each and every industry.. The per capita energy consumed in 2009
accounted to 1,790 kg as reported by the World Bank. The energy consumption
market can be segmented into white goods, consumer electronics, and general
illumination in residential and commercial premises. Innovations such as
induction cooking and rising natural gas and oil prices are expanding the
energy consumption market. The innovation of electric and hybrid cars is
also facilitating new opportunities for the market.
The advent of industrialization and
IT has revolutionized the daily life of the common man, and as a result of such
developments, people from all walks of life have found many uses of IT and
related appliances which has led to an expansion of the energy consumption
market. Increase in the disposable income on a global scale is the major
driving factor for the thriving energy consumption market involving white
goods, consumer electronics and general illumination. The rising disposable
income empowers consumers to purchase various electronic goods, giving a boost
to the energy consumption market.
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Rising fuel prices and inefficient
water supply led to the closing of many hydroelectric power generating centers,
which has added up to the cost of energy production.
The increased cost of production
obviously was recovered from its consumers, owing to which many consumers
across the globe reduced the energy consumption, hindering the market. A
significant growth in the energy consumption market has been registered in
China and in the Asia-Pacific region after the economic slowdown, due to
increasing utilization of various electronic appliances.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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