Cogeneration Equipment

Global Market Trajectory & Analytics

MCP-6733

EXECUTIVE ENGAGEMENTS

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DATE

APR 2021

TABLES

74

191

EDITION

19

PRICE

USD $5600

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Cogeneration Equipment estimated at US$25.7 Billion in the year 2020, is projected to reach a revised size of US$39.6 Billion by 2027, growing at a CAGR of 6.3% over the analysis period 2020-2027. Natural Gas, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$23.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Fossil Fuels segment is readjusted to a revised 7% CAGR for the next 7-year period.

The Cogeneration Equipment market in the U.S. is estimated at US$7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.7 Billion by the year 2027 trailing a CAGR of 9.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

In the global Other Fuel Types segment, USA, Canada, Japan, China and Europe will drive the 1.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.1 Billion in the year 2020 will reach a projected size of US$4.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.4 Billion by the year 2027, while Latin America will expand at a 2.8% CAGR through the analysis period.

SELECT PLAYERS

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.

SEGMENTS

» Fuel Type (Natural Gas, Non-Fossil Fuels, Other Fuel Types)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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