Forecast: Business Enterprise R&D Expenditure in Electricity, Gas, Steam, Air Conditioning and Water Supply; Sewerage, Waste Management and Remediation Activities in the US

In 2023, Business Enterprise R&D Expenditure in the sectors of Electricity, Gas, Steam, Air Conditioning, Water Supply, Sewerage, Waste Management, and Remediation in the US stood at 28.5 billion USD. From 2024 to 2028, forecasted expenditure shows strong year-on-year growth, with the compound annual growth rate (CAGR) projected at approximately 14%. The trend indicates robust investment capturing increasing innovation and technological advancements within these essential services.

Future trends to watch for:

• Increased focus on sustainable and renewable energy technologies.
• Investment in smart grid and energy efficiency projects.
• Advancements in waste management and water treatment technologies.