About the Cogeneration Equipment Market
The cogeneration process involves simultaneous production of heat and electricity from a single source. This technology evolved a century ago along with steam turbine power plants. The world's first central power station was also the first cogeneration plant that was commissioned in Manhattan in 1884. Though the technology is century old, it garnered attention from the 1980s as technological advances led to improved cogeneration cycle efficiency. Over the years, emergence of new technologies for power generation coupled with enhanced cycle efficiency fueled the sales of cogeneration equipment.
Technavio’s analysts forecast the global cogeneration equipment market to grow at a CAGR of 4.57% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cogeneration equipment market for 2016-2020. To calculate the market size, the report covers the present scenario and growth prospects of the global cogeneration equipment market. The existing cogeneration installed capacities of various countries have been collected through secondary research to determine the market size. Forecasting is based on the cogeneration capacity targets set by countries and COGEN associations. Government policies and regulatory scenario have also been considered for market estimations during the forecast period.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Cogeneration Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Aegis Energy Services
• BDR Thermea
• 2G Energy
• GE & Alstom Energy
• Siemens
Other prominent vendors
• Mitsubishi Heavy Industries
• Wolf
• Baxi Group
• Liebherr
• Toshiba
• Viessmann
• Elcore
• Alfa Laval
Market driver
• Increased environmental concerns and energy efficiency regulations
• For a full, detailed list, view our report
Market challenge
• High capital cost and lack of government support
• For a full, detailed list, view our report
Market trend
• Penetration of micro-CHP systems in European market
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by technology
• Global cogeneration equipment market by technology 2015-2020
• Global cogeneration equipment market by steam turbines
• Global cogeneration equipment market by gas turbines
• Global cogeneration equipment market by CCGTs
• Global cogeneration equipment market by engines
• Global cogeneration equipment market by geographic segmentation 2015-2020
• Cogeneration equipment market in the Americas
• Cogeneration equipment market in EMEA
• Cogeneration equipment market in APAC
PART 07: Key leading countries
• US
• China
PART 08: Market drivers
• Government policies and initiatives
• Increased environmental concerns and energy efficiency regulations
• Low gas prices to attract more investments
• Growing demand for electricity and distributed generation
PART 09: Impact of drivers
PART 10: Market challenges
• Decline in electricity prices
• High capital cost and lack of government support
• Inability to sell excess power and lack of infrastructure
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Penetration of micro-CHP systems in European market
• Growth of highly efficient technologies
• Bio-CHP in European countries
PART 13: Vendor landscape
• Vendor analysis
• Other prominent vendors
PART 14: Key vendor analysis
• ABB
• Aegis Energy Services
• BDR Thermea
• 2G Energy
• GE & Alstom Energy
• Siemens
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Comparison of conventional power generation with cogeneration
Exhibit 04: Technology growth in cogeneration equipment 2015-2020
Exhibit 05: Global cogeneration equipment market
Exhibit 06: Global cogeneration equipment market 2015-2020 (GW)
Exhibit 07: Five forces analysis
Exhibit 08: Segmentation of global cogeneration equipment market by technology 2015-2020
Exhibit 09: Global cogeneration equipment market by steam turbines 2015-2020 (GW)
Exhibit 10: Global cogeneration equipment market by gas turbines 2015-2020 (GW)
Exhibit 11: Global cogeneration equipment market by CCGTs 2015-2020 (GW)
Exhibit 12: Global cogeneration equipment market by engines 2015-2020 (GW)
Exhibit 13: Global cogeneration equipment market by geographic segmentation 2015-2020
Exhibit 14: Cogeneration equipment market in the Americas 2015-2020 (GW)
Exhibit 15: Cogeneration electricity and thermal capacity in Canada by province 2015
Exhibit 16: Cogeneration equipment market in EMEA 2015-2020 (GW)
Exhibit 17: EU-27 CHP capacity (GW) and generation (TWh) and fuel mix 2005-2013
Exhibit 18: Market share of cogeneration plants based on fuel type 2015-2020
Exhibit 19: Top six countries in terms of CHP installed capacity and fuel mix
Exhibit 20: Cogeneration equipment market in APAC 2015-2020 (GW)
Exhibit 21: Gas-based cogeneration capacity and number of units in Japan 2000-2014
Exhibit 22: Cogeneration capacity in US 2015-2020 (GW)
Exhibit 23: Cogeneration capacity by technology
Exhibit 24: Cogeneration capacity of China 2015-2020 (GW)
Exhibit 25: Programs/laws with targets of various countries
Exhibit 26: Targets pledged by countries at COP conference 2015
Exhibit 27: Global electricity consumption 2005-2020 (trillion kWh)
Exhibit 28: Impact of drivers
Exhibit 29: Bi-annual electricity prices of major European countries ($/kWh)
Exhibit 30: Various power generation technologies and their LCOE
Exhibit 31: Impact of drivers and challenges
Exhibit 32: Factors influencing growth of micro-CHP systems in Europe
Exhibit 33: Sector-wise growth potential for trigeneration in India
Exhibit 34: Share of renewable energy in CHP systems 2008-2013
Exhibit 35: Geographical presence of key vendors
Exhibit 36: Other prominent vendors
Exhibit 37: Product portfolio
Exhibit 38: Aegis Energy Services: Product portfolio
Exhibit 39: BDR Thermea: CHP product portfolio
Exhibit 40: 2G Energy: CHP solutions
Exhibit 41: GE & Alstom Energy: Key solutions
Exhibit 42: Product portfolio for CHP
