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Global Cogeneration Equipment Market 2016 to grow at a CAGR of 4.57% by 2020

Cogeneration EquipmentGlobal Cogeneration Equipment Market 2016-2020

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.

Global cogeneration equipment market to grow at a CAGR of 4.57% during the period 2016-2020.

Over the years, emergence of new technologies for power generation coupled with enhanced cycle efficiency fueled the sales of cogeneration equipment.

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.

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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

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.

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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

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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

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