Some of the key factors influencing the market growth growing demand for energy efficiency in the industries and rising use of natural gas for power generation. However, high installation and maintenance cost is restraining the market growth. Some of the factors such as expansion of distributed power generation in North America and Asia Pacific are creating opportunities for the market growth in the future.
Request for sample here: https://www.strategymrc.com/report/cogeneration-equipment-market/request-sample
Cogeneration equipment is use to concurrently produce both heat energy and electricity from a single fuel source such as natural gas, biomass, wood, coal, waste heat, or oil. It can operate at levels as high as 77% to 81% as compared to around 46% efficiency of conventional systems and they can decrease carbon emissions by up to 29% as compared to conventional systems.
By technology, the steam turbine segment has witnessed the significant growth during the forecast period due to simple design and cost-effectiveness and mainly preferred technology for industrial purposes particularly among paper and pulp sectors. By Geography, Asia Pacific region holds the largest market share during the forecast period owing to growing CHP systems demand from industrial sector in emerging countries.
Access the complete report at: https://www.strategymrc.com/report/cogeneration-equipment-market
Some of the key players in this market include Rolls Royce Plc, Kawasaki Heavy Industries Ltd, Mitsubishi Heavy Industries Ltd., Innovative Steam Technologies, ANDRITZ Energy & Environment GmbH, Bosh Thermotechnology Limited, Foster Wheeler AG, Siemens AG, Clarke Energy, Aegis Energy Services, Inc., 2G Energy Inc., BDR Thermea, Capstone Turbine Corporation, ABB Group and Baxi Group.
Make an inquiry at: https://www.strategymrc.com/report/cogeneration-equipment-market
? Steam Turbine
? Gas Turbine
? Reciprocating Engine
? Combined Cycle Gas Turbine
? Electric Generators
? Heat Recovery Steam Generators (HRSG)
? Boilers and Reciprocating Engines
? Other Technologies
? Upto 30 MW
? 31MW -60 MW
? 61 MW- 100 MW
? Natural Gas
? Non-Fossil Fuels
? Other Fuels
? North America
o Rest of Europe
? Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
? South America
o Rest of South America
? Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Follow us on Twitter: https://twitter.com/StratisticsMRC
Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile
About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.