Dive Summary:
- Analysis from the market research firm Lucintel estimated that the global electric utilities industry will swell to $2,218 billion by 2017.
- Lucintel's assessment assumes a 3.7% annual growth rate over the next five years.
- The firm credits the growth estimates to infrastructure and technology upgrades, as well as unbundling utilities into generators, transmission system operators and distribution.
From the article:
New research estimates the global electric utilities industry to reach $2,218 billion in 2017. This is according to Lucintel's most recent industry analysis. ...