Press release
Cogeneration Equipment Market Demand, In-depth Analysis and Estimated Revenue Forecast by 2030
Global cogeneration equipment market was estimated at $21.2 billion in 2020 and is expected to hit $51.9 billion by 2030, registering a CAGR of 9.4% from 2020 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Cogeneration systems are of different types such as steam-based cogeneration, gas-based cogeneration and many others. Nowadays, growth in awareness toward reducing environmental pollution and stringent government regulations are expected to create opportunities for the cogeneration equipment.
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Rise in environmental concerns across the world drives the growth of the global cogeneration equipment market. Also, the fact that cogeneration often reduces energy use and it is a cost-effective process that also improves security of energy supply has supplemented the market growth yet more. On the other hand, high investment cost involved in the development of cogeneration system restrains the growth to some extent. However, developing gas infrastructure across the world is expected to pave the way for lucrative opportunities in the industry.
The global congregation equipment market is analyzed across fuel, capacity, technology, application, and region. Based on fuel, the natural gas segment held the major share in 2020, garnering nearly three-fifths of the global market. However, the diesel segment would cite the fastest CAGR of 9.9% during the forecast period.
By technology, the steam turbine segment accounted for nearly three-fifths of the total market revenue in 2020, and is anticipated to retain its dominance by 2030. The gas turbine segment, on the other hand, would grow at the fastest CAGR of 9.7% from 2021 to 2030.
Based on region, the market across Asia-Pacific contributed to the major share in 2020, holding nearly two-fifths of the global cogeneration equipment market. The same region would also register the fastest CAGR by 9.6% from 2021 to 2030. Other provinces studied in the report include North America, LAMEA, and Europe.
The global cogeneration equipment market analysis covers in-depth information of the major industry participants. The key players operating and profiled in the cogeneration equipment industry report include Tecogen, Inc., Siemens, General Electric, Kawasaki heavy industries Ltd., Robert BOSCH Gmbh, Clarke Energy, Mitsubishi heavy industries Ltd., A.B. Holding S.P.A., 2G Energy AG,
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The global cogeneration market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2020-2030. The report includes the study of the market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
Key Findings Of The Study:
• On the basis of fuel, the natural gas segment emerged as the global leader around 58.7% of the global cogeneration equipment market share in 2020, and is anticipated to be the largest markets during the forecast period.
• On the basis of capacity type, the high-capacity segment emerged as the global leader by acquiring around 43.6% of the global market share in 2020, and is anticipated to be the largest markets during the forecast period.
• On the basis of technology, the steam turbine segment registered the highest market share of around 56.9% and is projected to maintain the same during the forecast period.
• On the basis of application, the commercial segment registered the highest market share of around 60.32% and is projected to maintain the same during the forecast period.
• On the basis of region, Europe registered the highest market share of around 39.89% and is projected to maintain the same during the forecast period.
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David Correa
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Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Cogeneration systems are of different types such as steam-based cogeneration, gas-based cogeneration and many others. Nowadays, growth in awareness toward reducing environmental pollution and stringent government regulations are expected to create opportunities for the cogeneration equipment.
Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/8416
Rise in environmental concerns across the world drives the growth of the global cogeneration equipment market. Also, the fact that cogeneration often reduces energy use and it is a cost-effective process that also improves security of energy supply has supplemented the market growth yet more. On the other hand, high investment cost involved in the development of cogeneration system restrains the growth to some extent. However, developing gas infrastructure across the world is expected to pave the way for lucrative opportunities in the industry.
The global congregation equipment market is analyzed across fuel, capacity, technology, application, and region. Based on fuel, the natural gas segment held the major share in 2020, garnering nearly three-fifths of the global market. However, the diesel segment would cite the fastest CAGR of 9.9% during the forecast period.
By technology, the steam turbine segment accounted for nearly three-fifths of the total market revenue in 2020, and is anticipated to retain its dominance by 2030. The gas turbine segment, on the other hand, would grow at the fastest CAGR of 9.7% from 2021 to 2030.
Based on region, the market across Asia-Pacific contributed to the major share in 2020, holding nearly two-fifths of the global cogeneration equipment market. The same region would also register the fastest CAGR by 9.6% from 2021 to 2030. Other provinces studied in the report include North America, LAMEA, and Europe.
The global cogeneration equipment market analysis covers in-depth information of the major industry participants. The key players operating and profiled in the cogeneration equipment industry report include Tecogen, Inc., Siemens, General Electric, Kawasaki heavy industries Ltd., Robert BOSCH Gmbh, Clarke Energy, Mitsubishi heavy industries Ltd., A.B. Holding S.P.A., 2G Energy AG,
For Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/8416
The global cogeneration market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2020-2030. The report includes the study of the market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
Key Findings Of The Study:
• On the basis of fuel, the natural gas segment emerged as the global leader around 58.7% of the global cogeneration equipment market share in 2020, and is anticipated to be the largest markets during the forecast period.
• On the basis of capacity type, the high-capacity segment emerged as the global leader by acquiring around 43.6% of the global market share in 2020, and is anticipated to be the largest markets during the forecast period.
• On the basis of technology, the steam turbine segment registered the highest market share of around 56.9% and is projected to maintain the same during the forecast period.
• On the basis of application, the commercial segment registered the highest market share of around 60.32% and is projected to maintain the same during the forecast period.
• On the basis of region, Europe registered the highest market share of around 39.89% and is projected to maintain the same during the forecast period.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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