U.S. Advanced Energy Market Surpasses Airline Industry, Rivals Pharmaceuticals

By Sahir Surmeli

In their recently released 2015 Market Report, Advanced Energy Economy reveals that the US advanced energy market grew to $200 billion in 2014, an increase of 13% above the total for 2013. This activity positions the U.S. advanced energy market in strong company, $20 billion higher than the airline industry and neck-and-neck with pharmaceutical manufacturing. In addition, the powerhouse consumer electronics market lies within reach at $211 billion. Strong postings from wind, solar photo-voltaics, and natural gas added to the already strong foundation of the largest segment of U.S. advanced energy - building efficiency products and services.

The 2015 Report, the third such publication from Advanced Energy Economy, was compiled in partnership with Navigant Research. The report provides up-to-date information on a wide spectrum of energy-related market sectors, including transportation, fuel production, fuel delivery, building efficiency, generation, delivery and management, and more. Click here to view highlights from the report.

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    Sahir Surmeli

    Member / Co-chair, Energy & Sustainability Practice

    Sahir Surmeli is a Mintz business counselor who advises companies, boards, entrepreneurs, investment banks, and venture and private equity investors as they build and grow companies. He handles public offerings, 144A and private financings, acquisitions, joint ventures, and strategic partnerships.