Power Generation Market to Reach US$63.6 bn by 2022
The Indonesia power generation market is expected to reach US$63.6 bn by the end of 2022. This market was recorded at US$14.1 bn in 2013 and is projected to expand at an 18.70% CAGR within a forecast period from 2014 to 2022, as stated in a research report released by Transparency Market Research. The report, titled “ Power Generation Market – Indonesia Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022 ,” provides a clear picture of this market’s future in terms of opportunities for expansion and investment, as well as a map of drivers and restraints that can be negotiated with. According to the report, the Indonesia power generation market is expanding at a CAGR of 8.50% within the given forecast period, in terms of generation capacity. The power generation totaled 44.4 GW in 2013 and is expected to reach 90.1 GW by 2022. The Indonesia power generation market has been segmented to improve user perspective. It is segmented on the basis o...