The "Cogeneration Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Cogeneration Equipment Market to Reach $114.8 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Cogeneration Equipment estimated at US$63.7 Billion in the year 2022, is projected to reach a revised size of US$114.8 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2022-2030. Natural Gas / LPG, one of the segments analyzed in the report, is projected to record 9.8% CAGR and reach US$34.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Biogas segment is readjusted to a revised 7.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.4 Billion, While China is Forecast to Grow at 12.7% CAGR

The Cogeneration Equipment market in the U.S. is estimated at US$17.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$28.4 Billion by the year 2030 trailing a CAGR of 12.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Select Competitors (Total 23 Featured) -

• 2G Energy Inc.
• AB Holding SpA
• ABB Limited
• Aegis Energy Services, Inc.
• Ameresco, Inc.
• ANDRITZ Energy & Environment GmbH
• Baxi SpA
• BDR Thermea Group BV
• Bosch Industriekessel GmbH
• Burmeister & Wain Scandinavian Contractor A/S
• Capstone Turbine Corporation
• Centrica Business Solutions
• Clarke Energy
• GE Power
• Kawasaki Heavy Industries, Ltd.
• LOINTEK
• Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET)
• Rolls Royce Plc.
• Siemens AG
• Sumitomo SHI FW
• Tecogen Inc.
• The Viessmann Group
• Veolia Environnement S.A.
• YANMAR Co., Ltd.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

   

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Essential Role of MicroCHP in Realizing Smart Energy Strategies Drives Healthy Market Growth
• Benefits of MicroCHP Energy Generation for Various Residential and Commercial Application Areas
• Japan and Germany: Leading Adopters of Micro CHP Technology Worldwide
• Micro CHP Generation Systems Adoption Driven by Government Incentives
• Shifting Focus of Research from Cogeneration to Small Scale CHP Systems
• Steam Turbines Continues to be the Preferred Prime Mover Used in the Cogeneration Systems
• Gas Turbines
• Steam Turbines
• Reciprocating Engines
• Microturbines
• Fuel Cells
• Other Equipment
• Surging Energy Consumption and the Resulting Increase in Power Generation Shifts Focus on Cogeneration
• Favorable Policies and Developments Provide the Perfect Platform for Market Growth
• Trigeneration and Quattrogeneration: The Next Big Thing in Combined Heat & Power Generation
• Growing Prominence of Heat Energy in Total Energy Consumption Augurs Well for the Market
• District Heating & Cooling: Enabling Superior Pollution Control and Higher Efficiencies
• Industrial Cogeneration: The Dominant End-use Application Continue to Spearhead Growth
• Fuel Shifts in Industrial CHP in Countries across the World Favor Market Growth
• Underpenetrated Commercial CHP Offers Huge Growth Potential
• Preferred Solutions for Increased Adoption of Commercial CHP Systems
• Rising Focus on Being Grid-Independent & Self-Reliant Drives Adoption in Healthcare Facilities
• Environmental Benefits of Combined Heat and Power (CHP) Plants Bodes Well for Market Penetration
• Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries
• Expanding Renewables Share in the Power Generation Mix Spurs Market Demand
• Renewable CHP Gain Ground in Newer Application Areas Other than the Traditional Industries
• Healthy Growth Projected for Gas Turbines Installations in CHP Plants across the World
• Future Gas Turbines to Overcome Current Challenges and Promote Market Growth
• Gas Engines & Gas Turbines for CHP: A Comparison
• Increasing Installations of Microgrids Lend Traction to Market Growth
• Increasing Installations of Microgrids Lend Traction to Market Growth
• Adoption of Packaged CHP Systems Gain Momentum
• CHP with Biogas: An Effective Approach to Use Distributed Energy
• Bagasse Cogeneration: Enormous Potential in Sugar Producing Countries
• Increasing Investments in CHP Plants in the Developing Countries Offer Significant Growth Opportunities
• Favorable Demographic and Urbanization Trends Strengthen Market Prospects
• Rapid Urbanization: A Mega Growth Driver for Cogeneration Equipment
• Key Challenges Hampering Widespread Adoption of Cogeneration Technology
• High Capital Investment
• Connectivity to Grid
• Lack of Interconnection Standards
• Environment Related Issues and Unfavorable Regulations
• Need for R&D

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

• 2G Energy Inc.
• AB Holding SpA
• ABB Limited
• Aegis Energy Services, Inc.
• Ameresco, Inc.
• ANDRITZ Energy & Environment GmbH
• Baxi SpA
• BDR Thermea Group BV
• Bosch Industriekessel GmbH
• Burmeister & Wain Scandinavian Contractor A/S
• Capstone Turbine Corporation
• Centrica Business Solutions
• Clarke Energy
• GE Power
• Kawasaki Heavy Industries, Ltd.
• LOINTEK
• Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET)
• Rolls Royce Plc.
• Siemens AG
• Sumitomo SHI FW
• Tecogen Inc.
• The Viessmann Group
• Veolia Environnement S.A.
• YANMAR Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/ro70na

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