Global Revenue From Advanced Energy Reaches Nearly $1.3 Trillion

The advanced energy sector has made it to the big leagues.

At nearly $1.3 trillion in global revenue for 2014, the market for innovative energy products and services is now as large as the market for apparel and fashion, and almost four times the size of the semiconductor industry worldwide, according to a new report commissioned by the group Advanced Energy Economy (AEE).

Last year was the biggest year for growth in advanced energy worldwide since AEE began tracking these markets in 2011 in collaboration with Navigant Research. Global revenue increased 12 percent compared to 2013.

In the United States, the …read more

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