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.