Electricity generation market value worldwide 2021-2031

Published by Statista Research Department, Jun 28, 2024

The electricity generation market was valued at approximately 1.6 trillion U.S. dollars in 2023. The market is forecast to grow at a compound annual growth rate of 4.8 percent between 2024 and 2031, and surpass 2.16 trillion U.S. dollars by 2030. 

The Asia-Pacific region leads the way, accounting for more than half of the global electricity generation market's worth during the analyzed time period.

More information on the global electricity generation market value can be found here.

Market value of electricity generation worldwide from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars)

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Release date

March 2024

Region

Worldwide

Survey time period

2021 to 2023

Special properties

*Figures are forecast from this year onward

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Statistics on " Electricity generation in the U.S. "

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Other statistics that may interest you Electricity generation in the U.S.

Overview

5

Key figures

6

Conventional electricity

4

Renewables

6

Costs

6

Outlook

3

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Topics

Electricity market in SingaporeElectricity in IndiaElectricity in IndonesiaEnergy sector in SingaporeElectricity market in Japan
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