Advanced Energy Perspectives

This post is one in a series of feature stories on trends shaping advanced energy markets in the U.S. and around the world, drawn from Advanced Energy Now 2015 Market Report, which was prepared for AEE by Navigant Research. 

2014 was a dynamic year for the smart buildings market, with noticeable major technology advances and a global economic boost through supportive government policies and programs. In addition, many vendors expanded their products and services targeted towards small and medium-size buildings, with building owners seeing real benefits from aggregating energy efficiency across their portfolio of smaller-scale facilities.

What’s larger, worldwide, than the market for apparel and fashion, and nearly four times the size of semiconductor manufacturing? What’s bigger in the United States than the airline industry, as big as pharmaceutical manufacturing, and catching up to consumer electronics? Advanced energy, that’s what. 

Revenue from the sale of advanced energy technologies, products, and services totaled nearly $1.3 trillion globally in 2014, and $200 billion in the U.S. Those are the topline findings of the Advanced Energy Now 2015 Market Report, AEE’s third annual report on the size of advanced energy markets in the U.S. and around the world. But they are by no means the end of the advanced energy growth story.