Albany, NY -- (SBWIRE) -- 10/14/2014 -- Economic growth and rise in population have been the most important reasons for energy/power generation in the past few decades. Commercial and residential energy is expected to increase with significant growth numbers and this is being driven mainly by energy requirements in Asia-Pacific and North America. Due to the global recession in 2009 and 2010, the demand in Europe is currently lesser than that in other regions but the market is expected to pick up during the next few years. China, Japan, Korea and India are expected to be the most important regions driving the demand for power in Asia-Pacific. Similarly, the U.S. and Mexico are expected to be major markets in North America while Germany is expected to be the major market in Europe.