BROWSE THROUGH OUR TRADE FAIRS FOR POWER & ENERGY INDUSTRY

The power and energy industries are among the global economy's most central, pivotal and significant sectors. This is because the mentioned segments provide a vital commodity to diverse industries. Among them are transport, manufacturing, healthcare, chemistry, et cetera. While often used interchangeably, the power and energy segment focuses on specific energy sources. For example, the power segment provides wares produced by renewable and non-renewable energy sources. Examples include solar power, nuclear sources, et cetera. Yet, the energy segment focuses on non-renewable power sources, like fossil fuels. Because of the significance of the segments, the encompassing industry is regarded as one of the most significant global sectors. For example, in recent years, the global market size has reached 1 940 000 000 000 USD. More than 315 000 enterprises with around 18 000 000 specialists being employed produce such values. Also, the global power and energy sectors are anticipated to continue their further development at a CAGR of 8.04%. Among the leading causes for their development potential is a high focus on investing funds in R&D projects. They are anticipated to invest up to 3 200 000 000 000 USD, for instance. It includes up to 35.2% of global funding to improve using renewable energies. Examples include wind, solar, biofuels and other renewables.  Generally, the segments present their latest projects and innovations during trade expos. It encompasses events held every one to two years in Germany, Italy, Turkey, and the United Kingdom. Such events attract hundreds of thousands of attendees.