Lewes, DE -- (SBWIRE) -- 05/20/2019 -- The Global Cogeneration Equipment Market is expected to grow at a CAGR of 5.4% during the forecast period. Some of the key factors influencing the market growth growing demand for energy efficiency in the industries and rising use of natural gas for power generation. However, high installation and maintenance cost is restraining the market growth. Some of the factors such as expansion of distributed power generation in North America and Asia Pacific are creating opportunities for the market growth in the future.
Cogeneration equipment is use to concurrently produce both heat energy and electricity from a single fuel source such as natural gas, biomass, wood, coal, waste heat, or oil. It can operate at levels as high as 77% to 81% as compared to around 46% efficiency of conventional systems and they can decrease carbon emissions by up to 29% as compared to conventional systems.
By technology, the steam turbine segment has witnessed the significant growth during the forecast period due to simple design and cost-effectiveness and mainly preferred technology for industrial purposes particularly among paper and pulp sectors. By Geography, Asia Pacific region holds the largest market share during the forecast period owing to growing CHP systems demand from industrial sector in emerging countries.
Some of the key players in this market include Rolls Royce Plc, Kawasaki Heavy Industries Ltd, Mitsubishi Heavy Industries Ltd., Innovative Steam Technologies, ANDRITZ Energy & Environment GmbH, Bosh Thermotechnology Limited, Foster Wheeler AG, Siemens AG, Clarke Energy, Aegis Energy Services, Inc., 2G Energy Inc., BDR Thermea, Capstone Turbine Corporation, ABB Group and Baxi Group.
Technologies Covered:
- Steam Turbine
- Gas Turbine
- Reciprocating Engine
- Combined Cycle Gas Turbine
- Electric Generators
- Heat Recovery Steam Generators (HRSG)
- Boilers and Reciprocating Engines
- Other Technologies
Capacity Covered:
- Upto 30 MW
- 31MW -60 MW
- 61 MW- 100 MW
Fuels Covered:
- Coal
- Biomass
- Natural Gas
- Non-Fossil Fuels
- Other Fuels
Applications Covered:
- Industrial
- Commercial
- Residential
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
- Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Spanning over 148 pages "Cogeneration Equipment - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Cogeneration Equipment Market, By Technology, Global Cogeneration Equipment Market, By Capacity, Global Cogeneration Equipment Market, By Fuel, Global Cogeneration Equipment Market, By Application, Global Cogeneration Equipment Market, By Geography, Key Developments, Company Profiling.
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