Transparency Market Research Report Added "Energy Consumption Market" to its database.
Albany, NY -- (SBWIRE) -- 01/20/2015 -- The report titled 'Energy Consumption Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 – 2018' analyzes the rapidly-changing energy industry. It not just offers insights into opportunities that can be developed into lucrative business ideas, but also gives users a clear picture of the market by indicating growth drivers and inhibitors. As the per capita consumption of energy rises steadily, the dynamics of the energy consumption market continue to undergo changes. While on one hand there is increasing pressure from governments to switch over to renewable energy sources, on the other hand there is a mounting demand for cost-efficient energy supply.
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This report endeavors to help market players recognize areas that offer high-growth prospects and make suitable changes to their business strategy. Projections provided in this report are based on proven primary and secondary research methodologies. This market data about the energy consumption market serves as a guideline for both new and existing players. The report also makes effective use of highly reliable tools such as Porter's five force model analysis, with which it creates a vivid picture of the industry landscape. Users of this report stand to benefit from the comprehensive Company Profiles section that lucidly puts together key information and data about leading names in the energy consumption market. The profile of each company comprises insights into its financial standing, growth strategies, recent investments and developments, SWOT analysis, and so on. Furthermore, a detailed value chain analysis makes this report all the more comprehensive and adds value to your investment.
The importance of energy cannot be undermined in a developed world where most industrial and commercial activities are centered on the uninterrupted supply of energy. The World Bank reported that as of 2009, the per capita energy consumption was 1,790 kg. The overall energy consumption market can be classified as: general illumination for residential and commercial premises, consumer electronics, and white goods. The adoption of new energy consumption practices such as induction cooking (as an alternative to gas-based cooking) has also added to the overall energy consumption figures. As efforts to promote the use of hybrid and electric cars take shape, the consumption of energy is expected to witness a further rise. This will present a number of lucrative opportunities to establishments doing business in this industry. Other major growth propellants that cannot be ignored are the IT and other emerging industries that have altered the ways in which we consume energy today. We are more dependent on appliances today than ever before, and all of these appliances require energy to operate. As disposable incomes continue to increase, the dependence on gadgets and appliances will see a parallel rise. Cumulatively, all of these factors are responsible for boosting the demand for energy.
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At the same time, energy production costs have witnessed a heavy rise with fuel becoming dearer. As the supply of water shrinks, a number of hydroelectric power generating centers have been subject to forced closure. It is ultimately the consumer that has to bear this spike in energy production costs. Thus, it is bust natural that cost-conscious consumers will try to limit their energy usage to keep energy bills in control. These factors are expected to impact the energy consumption market adversely. From the geographic standpoint, the Asia-Pacific market has shown remarkable growth with China playing a central role in this growth story.
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