The value added of the US Electricity, Gas, Steam, and Air Conditioning Supply sector for 2024 is projected at 361.48 billion USD, up from 2023's actual figures. This forecast indicates a year-on-year growth trend, with a 2.91% increase expected in 2025, and similar growth continuing through to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 stands at an estimated 2.74%. These trends highlight a steady rise in value, suggesting robust sector performance bolstered by ongoing infrastructure development and renewable energy integration.
Future trends to watch:
- Continued investment in renewable energy and related infrastructure.
- Policy and regulatory changes impacting sector dynamics.
- Technological advancements driving efficiency and innovation.
- Consumer demand shifts towards sustainable and cleaner energy solutions.
