The energy sector is a fundamental driver of the global economy, powering industries, households, and transportation systems. It encompasses traditional sources like oil, natural gas, and coal, alongside renewable energy options such as solar, wind, and hydropower. In 2024, the global energy market was valued at approximately $9.4 trillion, contributing around 10% to global GDP, and employed over 65 million people worldwide in exploration, production, distribution, and renewable energy development.

As the world transitions towards cleaner energy solutions, the sector is projected to grow at a CAGR of 6.8%, reaching $13.5 trillion by 2030, driven by rising energy demands, technological advancements, and investments in sustainability. Leading countries include the United States, with its advanced energy infrastructure and renewable innovation; China, the largest energy producer and consumer; and Saudi Arabia, dominating global oil markets. The energy sector remains pivotal in ensuring economic growth, sustainability, and technological progress.