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コージェネレーション機器市場の2030年までの予測：燃料別、容量別、技術別、用途別、地域別の世界分析

Cogeneration Equipment Market Forecasts to 2030 - Global Analysis By Fuel (Biomass, Coal, Diesel, Natural Gas and Other Fuels), Capacity (Upto 30 MW, 31MW -60 MW and 61 MW- 100 MW), Technology, Application and By Geography

出版日: 2023年08月01日
発行: Stratistics Market Research Consulting
ページ情報: 英文 175+ Pages
納期: 2～3営業日

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概要
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概要

サンプル依頼リストに入れる

Stratistics MRCによると、コージェネレーション機器の世界市場は2023年に293億米ドルを占め、予測期間中にCAGR 11.4％で成長し、2030年には624億米ドルに達すると予測されています。

コージェネレーション機器は、電気と熱を同時に生成するために使用されます。燃焼タービン、ボイラー付き蒸気タービン、レシプロエンジン、発電機、燃料電池、マイクロタービン、熱回収蒸気発生器、廃熱ボイラー、制御システムなどがコージェネレーション機器の一例です。低コストの電気エネルギーやプロセス熱を求める産業・商業施設、開発業者、電力会社が増える中、コージェネレーションは排熱を利用して給湯や暖房を行うだけでなく、環境面でもメリットをもたらします。

IEA（国際エネルギー機関）によると、電力需要は2040年までに40.44TWhまで増加すると見られています。

エネルギー消費の増加

エネルギー消費量の増加が、今後数年間のコージェネレーション機器市場の成長を牽引すると予想されます。天然ガス、石油・ガス、プロパン、電気エネルギーなど、あらゆる請求サイクルで施設が消費する燃料の量は、エネルギー消費と呼ばれます。コージェネレーションは高効率のエネルギー生成技術です。コージェネレーションは、エネルギー効率を高め、エネルギーコストを下げるために不可欠です。その結果、エネルギー消費の増加がコージェネレーション機器市場を後押ししています。

高い投資コスト

コージェネレーション機器市場の主な抑制要因には、初期投資要件が高いことと、適切なユーティリティ接続を得るのが難しいことが挙げられます。コージェネレーションシステムは長期的には有益だが、複雑な技術要件があるため、従来型システムと比べて初期コストが非常に高く、多くの中小規模の組織や機関には手が出せないです。こうした要因が市場の成長を制限しています。

先進国および新興国における政府の支援

産業、住宅、中小企業（SME）セクターでマイクロCHPシステムが広く採用されていることと、天然ガスが豊富に入手可能なため天然ガス価格が下落していることが相まって、この機器の需要が高まっています。先進国、新興国双方の政府が、クリーンで再生可能な効率的エネルギーの生産を重視するようになったことも、この市場の追い風となっています。さまざまな技術の進歩も市場の成長を加速させています。

限られた拡張性

コージェネレーションシステムは特定の用途向けに設計されることが多く、エネルギー需要の大幅な変化に対応するための拡張が困難な場合があります。この制限により、エネルギー需要の変化への長期的な適応が困難となる可能性があります。さらに、コージェネレーション機器を既存のエネルギーシステムやインフラと統合することは、特にその技術が現在のセットアップと互換性がない場合には、困難な場合があります。このため、追加的な変更と投資が必要になる場合があります。

COVID-19の影響：

COVIDはコージェネレーション設備に徐々に影響を与えました。ロックダウンの結果、燃料生産が停止しなかったため、燃料供給が増加し、市場に影響を与えることなく直接コージェネレーションが増加しました。こうした事業者の減少がコージェネ機器の需要減につながり、市場が徐々に縮小していることがわかる。建設業界は、世界的にコージェネレーション利用のかなりの部分を占めています。しかし、COVID-19の大流行の結果、いくつかの大型プロジェクトが中止されました。その結果、コージェネレーション設備に対する需要が減少し、世界市場が低迷しています。

予測期間中、天然ガス部門が最大となる見込み

世界中で広く使用され需要があるため、天然ガス分野は市場を独占しており、今後も支配し続けると予想されます。この燃料の環境に優しい特性は、市場の原動力となっています。この燃料の効果的な燃費も重要になってきています。さらに、天然ガスはドイツやロシアなどの国々で広く入手可能であり、これがセグメントの拡大に拍車をかけています。

予測期間中、ガスタービン分野のCAGRが最も高くなる見込み

ガスタービン分野は、予測期間中に最も高いCAGRが見込まれます。ガスタービンは、パルプ・製紙、セラミック、飲食品、化学、医薬品などの産業や精製所で一般的に使用されています。コージェネレーションシステムは、一次エネルギー（燃料）を使ってガスタービンに電力を供給しながら、様々な二次情報を継続的に生成します。ガスタービンコージェネレーションシステムでは、燃料が一次エネルギー源であり、エネルギー効率を高めるために多くの種類のエネルギーが生産されます。

最大のシェアを持つ地域：

急速な発展と工業化により、北米市場が最大の市場シェアを占めると予想されます。人口の増加に伴い、商品とサプライチェーンに対する需要も増加しています。異常気象は暖房需要を増大させ、マイクロCHPの開発はコージェネレーション機器の需要をてこ入れしました。技術の進歩や商業スペースの拡大による大量の電力・電力需要がHVAC需要を牽引し、北米のコージェネレーション機器市場の成長を後押ししています。

CAGRが最も高い地域：

ロシアやドイツなどの経済圏では天然ガスが広く普及しているため、予測期間中、欧州の成長率が最も高くなると予想されます。予測期間中、この機器の需要は、都市スペースとコストの制約、厳しい環境規制によって牽引されると予想されます。この地域は電力とエネルギーの生産能力が大きいにもかかわらず、世界の電力輸入の大半を占める経済圏もあります。さらに、この地域には、この機器に大規模な発注を行う資金力を持つ大規模な企業や産業が数多く存在します。

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企業プロファイル
- 追加市場プレイヤーの包括的プロファイリング（3社まで）
- 主要企業のSWOT分析（3社まで）
地域セグメンテーション
- 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
競合ベンチマーキング
- 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

北米
- 米国
- カナダ
- メキシコ
欧州
- ドイツ
- 英国
- イタリア
- フランス
- スペイン
- その他欧州
アジア太平洋地域
- 日本
- 中国
- インド
- オーストラリア
- ニュージーランド
- 韓国
- その他アジア太平洋地域
南米
- アルゼンチン
- ブラジル
- チリ
- その他南米
中東とアフリカ
- サウジアラビア
- アラブ首長国連邦
- カタール
- 南アフリカ
- その他中東とアフリカ

第10章主な発展

契約、パートナーシップ、コラボレーション、合弁事業
買収と合併
新製品の発売
事業拡大
その他の主要戦略

第11章会社概要

2G Energy AG
A.B. HOLDING S.P.A
Allied Equipments Inc.
Almeg Controls
Alstorm Power
American DG Energy Inc.
Baxi Group, Siemens AG
Caterpillar Inc.
Cidea Uno Inc.
Clarke Energy
General Electric
Kawasaki heavy industries Ltd.
Mitsubishi Heavy Industries Ltd.
Perry Process Equipment Ltd.
Robert BOSCH Gmbh
Rolls Royce PLC.
Siemens
Solar Turbines Inc.
Sundrop Fuels Inc.
Tecogen, Inc.
Turner Crane
US Green Energy Ltd.

図表

List of Tables

Table 1 Global Cogeneration Equipment Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 3 Global Cogeneration Equipment Market Outlook, By Biomass (2021-2030) ($MN)
Table 4 Global Cogeneration Equipment Market Outlook, By Coal (2021-2030) ($MN)
Table 5 Global Cogeneration Equipment Market Outlook, By Diesel (2021-2030) ($MN)
Table 6 Global Cogeneration Equipment Market Outlook, By Natural Gas (2021-2030) ($MN)
Table 7 Global Cogeneration Equipment Market Outlook, By Other Fuels (2021-2030) ($MN)
Table 8 Global Cogeneration Equipment Market Outlook, By Capacity (2021-2030) ($MN)
Table 9 Global Cogeneration Equipment Market Outlook, By Upto 30 MW (2021-2030) ($MN)
Table 10 Global Cogeneration Equipment Market Outlook, By 31MW -60 MW (2021-2030) ($MN)
Table 11 Global Cogeneration Equipment Market Outlook, By 61 MW- 100 MW (2021-2030) ($MN)
Table 12 Global Cogeneration Equipment Market Outlook, By Technology (2021-2030) ($MN)
Table 13 Global Cogeneration Equipment Market Outlook, By Steam Turbine (2021-2030) ($MN)
Table 14 Global Cogeneration Equipment Market Outlook, By Gas Turbine (2021-2030) ($MN)
Table 15 Global Cogeneration Equipment Market Outlook, By Combined Cycle Gas Turbine (2021-2030) ($MN)
Table 16 Global Cogeneration Equipment Market Outlook, By Reciprocating Engine (2021-2030) ($MN)
Table 17 Global Cogeneration Equipment Market Outlook, By Other Technologies (2021-2030) ($MN)
Table 18 Global Cogeneration Equipment Market Outlook, By Application (2021-2030) ($MN)
Table 19 Global Cogeneration Equipment Market Outlook, By Industrial (2021-2030) ($MN)
Table 20 Global Cogeneration Equipment Market Outlook, By Residential (2021-2030) ($MN)
Table 21 Global Cogeneration Equipment Market Outlook, By Commercial (2021-2030) ($MN)
Table 22 North America Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 23 North America Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 24 North America Cogeneration Equipment Market Outlook, By Biomass (2021-2030) ($MN)
Table 25 North America Cogeneration Equipment Market Outlook, By Coal (2021-2030) ($MN)
Table 26 North America Cogeneration Equipment Market Outlook, By Diesel (2021-2030) ($MN)
Table 27 North America Cogeneration Equipment Market Outlook, By Natural Gas (2021-2030) ($MN)
Table 28 North America Cogeneration Equipment Market Outlook, By Other Fuels (2021-2030) ($MN)
Table 29 North America Cogeneration Equipment Market Outlook, By Capacity (2021-2030) ($MN)
Table 30 North America Cogeneration Equipment Market Outlook, By Upto 30 MW (2021-2030) ($MN)
Table 31 North America Cogeneration Equipment Market Outlook, By 31MW -60 MW (2021-2030) ($MN)
Table 32 North America Cogeneration Equipment Market Outlook, By 61 MW- 100 MW (2021-2030) ($MN)
Table 33 North America Cogeneration Equipment Market Outlook, By Technology (2021-2030) ($MN)
Table 34 North America Cogeneration Equipment Market Outlook, By Steam Turbine (2021-2030) ($MN)
Table 35 North America Cogeneration Equipment Market Outlook, By Gas Turbine (2021-2030) ($MN)
Table 36 North America Cogeneration Equipment Market Outlook, By Combined Cycle Gas Turbine (2021-2030) ($MN)
Table 37 North America Cogeneration Equipment Market Outlook, By Reciprocating Engine (2021-2030) ($MN)
Table 38 North America Cogeneration Equipment Market Outlook, By Other Technologies (2021-2030) ($MN)
Table 39 North America Cogeneration Equipment Market Outlook, By Application (2021-2030) ($MN)
Table 40 North America Cogeneration Equipment Market Outlook, By Industrial (2021-2030) ($MN)
Table 41 North America Cogeneration Equipment Market Outlook, By Residential (2021-2030) ($MN)
Table 42 North America Cogeneration Equipment Market Outlook, By Commercial (2021-2030) ($MN)
Table 43 Europe Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 44 Europe Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 45 Europe Cogeneration Equipment Market Outlook, By Biomass (2021-2030) ($MN)
Table 46 Europe Cogeneration Equipment Market Outlook, By Coal (2021-2030) ($MN)
Table 47 Europe Cogeneration Equipment Market Outlook, By Diesel (2021-2030) ($MN)
Table 48 Europe Cogeneration Equipment Market Outlook, By Natural Gas (2021-2030) ($MN)
Table 49 Europe Cogeneration Equipment Market Outlook, By Other Fuels (2021-2030) ($MN)
Table 50 Europe Cogeneration Equipment Market Outlook, By Capacity (2021-2030) ($MN)
Table 51 Europe Cogeneration Equipment Market Outlook, By Upto 30 MW (2021-2030) ($MN)
Table 52 Europe Cogeneration Equipment Market Outlook, By 31MW -60 MW (2021-2030) ($MN)
Table 53 Europe Cogeneration Equipment Market Outlook, By 61 MW- 100 MW (2021-2030) ($MN)
Table 54 Europe Cogeneration Equipment Market Outlook, By Technology (2021-2030) ($MN)
Table 55 Europe Cogeneration Equipment Market Outlook, By Steam Turbine (2021-2030) ($MN)
Table 56 Europe Cogeneration Equipment Market Outlook, By Gas Turbine (2021-2030) ($MN)
Table 57 Europe Cogeneration Equipment Market Outlook, By Combined Cycle Gas Turbine (2021-2030) ($MN)
Table 58 Europe Cogeneration Equipment Market Outlook, By Reciprocating Engine (2021-2030) ($MN)
Table 59 Europe Cogeneration Equipment Market Outlook, By Other Technologies (2021-2030) ($MN)
Table 60 Europe Cogeneration Equipment Market Outlook, By Application (2021-2030) ($MN)
Table 61 Europe Cogeneration Equipment Market Outlook, By Industrial (2021-2030) ($MN)
Table 62 Europe Cogeneration Equipment Market Outlook, By Residential (2021-2030) ($MN)
Table 63 Europe Cogeneration Equipment Market Outlook, By Commercial (2021-2030) ($MN)
Table 64 Asia Pacific Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 65 Asia Pacific Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 66 Asia Pacific Cogeneration Equipment Market Outlook, By Biomass (2021-2030) ($MN)
Table 67 Asia Pacific Cogeneration Equipment Market Outlook, By Coal (2021-2030) ($MN)
Table 68 Asia Pacific Cogeneration Equipment Market Outlook, By Diesel (2021-2030) ($MN)
Table 69 Asia Pacific Cogeneration Equipment Market Outlook, By Natural Gas (2021-2030) ($MN)
Table 70 Asia Pacific Cogeneration Equipment Market Outlook, By Other Fuels (2021-2030) ($MN)
Table 71 Asia Pacific Cogeneration Equipment Market Outlook, By Capacity (2021-2030) ($MN)
Table 72 Asia Pacific Cogeneration Equipment Market Outlook, By Upto 30 MW (2021-2030) ($MN)
Table 73 Asia Pacific Cogeneration Equipment Market Outlook, By 31MW -60 MW (2021-2030) ($MN)
Table 74 Asia Pacific Cogeneration Equipment Market Outlook, By 61 MW- 100 MW (2021-2030) ($MN)
Table 75 Asia Pacific Cogeneration Equipment Market Outlook, By Technology (2021-2030) ($MN)
Table 76 Asia Pacific Cogeneration Equipment Market Outlook, By Steam Turbine (2021-2030) ($MN)
Table 77 Asia Pacific Cogeneration Equipment Market Outlook, By Gas Turbine (2021-2030) ($MN)
Table 78 Asia Pacific Cogeneration Equipment Market Outlook, By Combined Cycle Gas Turbine (2021-2030) ($MN)
Table 79 Asia Pacific Cogeneration Equipment Market Outlook, By Reciprocating Engine (2021-2030) ($MN)
Table 80 Asia Pacific Cogeneration Equipment Market Outlook, By Other Technologies (2021-2030) ($MN)
Table 81 Asia Pacific Cogeneration Equipment Market Outlook, By Application (2021-2030) ($MN)
Table 82 Asia Pacific Cogeneration Equipment Market Outlook, By Industrial (2021-2030) ($MN)
Table 83 Asia Pacific Cogeneration Equipment Market Outlook, By Residential (2021-2030) ($MN)
Table 84 Asia Pacific Cogeneration Equipment Market Outlook, By Commercial (2021-2030) ($MN)
Table 85 South America Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 86 South America Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 87 South America Cogeneration Equipment Market Outlook, By Biomass (2021-2030) ($MN)
Table 88 South America Cogeneration Equipment Market Outlook, By Coal (2021-2030) ($MN)
Table 89 South America Cogeneration Equipment Market Outlook, By Diesel (2021-2030) ($MN)
Table 90 South America Cogeneration Equipment Market Outlook, By Natural Gas (2021-2030) ($MN)
Table 91 South America Cogeneration Equipment Market Outlook, By Other Fuels (2021-2030) ($MN)
Table 92 South America Cogeneration Equipment Market Outlook, By Capacity (2021-2030) ($MN)
Table 93 South America Cogeneration Equipment Market Outlook, By Upto 30 MW (2021-2030) ($MN)
Table 94 South America Cogeneration Equipment Market Outlook, By 31MW -60 MW (2021-2030) ($MN)
Table 95 South America Cogeneration Equipment Market Outlook, By 61 MW- 100 MW (2021-2030) ($MN)
Table 96 South America Cogeneration Equipment Market Outlook, By Technology (2021-2030) ($MN)
Table 97 South America Cogeneration Equipment Market Outlook, By Steam Turbine (2021-2030) ($MN)
Table 98 South America Cogeneration Equipment Market Outlook, By Gas Turbine (2021-2030) ($MN)
Table 99 South America Cogeneration Equipment Market Outlook, By Combined Cycle Gas Turbine (2021-2030) ($MN)
Table 100 South America Cogeneration Equipment Market Outlook, By Reciprocating Engine (2021-2030) ($MN)
Table 101 South America Cogeneration Equipment Market Outlook, By Other Technologies (2021-2030) ($MN)
Table 102 South America Cogeneration Equipment Market Outlook, By Application (2021-2030) ($MN)
Table 103 South America Cogeneration Equipment Market Outlook, By Industrial (2021-2030) ($MN)
Table 104 South America Cogeneration Equipment Market Outlook, By Residential (2021-2030) ($MN)
Table 105 South America Cogeneration Equipment Market Outlook, By Commercial (2021-2030) ($MN)
Table 106 Middle East & Africa Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 107 Middle East & Africa Cogeneration Equipment Market Outlook, By Fuel (2021-2030) ($MN)
Table 108 Middle East & Africa Cogeneration Equipment Market Outlook, By Biomass (2021-2030) ($MN)
Table 109 Middle East & Africa Cogeneration Equipment Market Outlook, By Coal (2021-2030) ($MN)
Table 110 Middle East & Africa Cogeneration Equipment Market Outlook, By Diesel (2021-2030) ($MN)
Table 111 Middle East & Africa Cogeneration Equipment Market Outlook, By Natural Gas (2021-2030) ($MN)
Table 112 Middle East & Africa Cogeneration Equipment Market Outlook, By Other Fuels (2021-2030) ($MN)
Table 113 Middle East & Africa Cogeneration Equipment Market Outlook, By Capacity (2021-2030) ($MN)
Table 114 Middle East & Africa Cogeneration Equipment Market Outlook, By Upto 30 MW (2021-2030) ($MN)
Table 115 Middle East & Africa Cogeneration Equipment Market Outlook, By 31MW -60 MW (2021-2030) ($MN)
Table 116 Middle East & Africa Cogeneration Equipment Market Outlook, By 61 MW- 100 MW (2021-2030) ($MN)
Table 117 Middle East & Africa Cogeneration Equipment Market Outlook, By Technology (2021-2030) ($MN)
Table 118 Middle East & Africa Cogeneration Equipment Market Outlook, By Steam Turbine (2021-2030) ($MN)
Table 119 Middle East & Africa Cogeneration Equipment Market Outlook, By Gas Turbine (2021-2030) ($MN)
Table 120 Middle East & Africa Cogeneration Equipment Market Outlook, By Combined Cycle Gas Turbine (2021-2030) ($MN)
Table 121 Middle East & Africa Cogeneration Equipment Market Outlook, By Reciprocating Engine (2021-2030) ($MN)
Table 122 Middle East & Africa Cogeneration Equipment Market Outlook, By Other Technologies (2021-2030) ($MN)
Table 123 Middle East & Africa Cogeneration Equipment Market Outlook, By Application (2021-2030) ($MN)
Table 124 Middle East & Africa Cogeneration Equipment Market Outlook, By Industrial (2021-2030) ($MN)
Table 125 Middle East & Africa Cogeneration Equipment Market Outlook, By Residential (2021-2030) ($MN)
Table 126 Middle East & Africa Cogeneration Equipment Market Outlook, By Commercial (2021-2030) ($MN)

Product Code: SMRC23584

According to Stratistics MRC, the Global Cogeneration Equipment Market is accounted for $29.30 billion in 2023 and is expected to reach $62.40 billion by 2030 growing at a CAGR of 11.4% during the forecast period. Cogeneration equipment is used to generate both electricity and heat at the same time. Combustion turbines, steam turbines with boilers, reciprocating engines, generators, fuel cells, micro-turbines, heat recovery steam generators, waste heat boilers, and control systems are examples of cogeneration equipment. As more industrial and commercial establishments, developers, and utilities seek low-cost electrical energy and process heat, cogeneration not only uses exhaust heat to heat water or provide space heating but also provides environmental benefits.

According to the IEA (International Energy Agency), the demand for electricity is likely to increase upto 40.44 TWh by 2040.

Market Dynamics:

Driver:

Rising energy consumption

Rising energy consumption is expected to drive the growth of the cogeneration equipment market in the coming years. The volume of fuel consumed by a facility during any billing cycle, including natural gas, oil, propane, and electrical energy, is referred to as energy consumption. Cogeneration is a highly efficient energy generation technology. Cogeneration is critical for increasing energy efficiency and lowering energy costs. As a result, rising energy consumption is propelling the cogeneration equipment market.

Restraint:

High investment costs

Some of the major restraints for this cogeneration equipment market are the high initial investment requirements as well as the difficulty in obtaining proper utility connections. These systems are beneficial in the long run, but due to their complex technological requirements, their initial cost is very high when compared to conventional systems, and many small and medium-sized organisations and institutions are unable to afford them. Such factors are limiting the growth of the market.

Opportunity:

Government support in developed and emerging nations

The widespread adoption of micro-CHP systems in the industrial, residential, and small and medium enterprise (SME) sectors, combined with falling natural gas prices due to its abundant availability, has boosted demand for this equipment. The market is also benefiting from the increased emphasis placed by governments in both developed and developing countries on the production of clean, renewable, and efficient energy. Various technological advancements are also accelerating market growth.

Threat:

Limited scalability

Cogeneration systems are frequently designed for specific applications and may be difficult to scale to meet significant changes in energy demand. Long-term adaptation to changing energy needs may be difficult due to this limitation. Furthermore, integrating cogeneration equipment with existing energy systems and infrastructure can be difficult, particularly if the technology is incompatible with the current setup. This may necessitate additional changes and investments.

COVID-19 Impact:

COVID had a gradual effect on cogeneration equipment. Fuel production did not halt as a result of the lockdown, resulting in an increase in fuel supply, which increased co-generation directly without affecting the market. This decrease in such businesses led to a decrease in demand for cogeneration equipment, demonstrating the market's gradual decline. The construction industry accounts for a significant portion of cogeneration utilisation globally. However, several major projects have been halted as a result of the COVID-19 pandemic. As a result, demand for cogeneration equipment has decreased, resulting in a downturn in the global market.

The natural gas segment is expected to be the largest during the forecast period

Because of its widespread use and demand around the world, natural gas segment has dominated the market and is expected to continue to dominate in the future. This fuel's environmentally friendly properties prove to be a driving force in the market. This fuel's effective mileage is also becoming more important. Furthermore, natural gas is widely available in countries such as Germany and Russia, which is fueling segment expansion.

The gas turbine segment is expected to have the highest CAGR during the forecast period

The gas turbine segment is expected to have the highest CAGR during the forecast period. It is commonly used in industries or refineries such as pulp and paper, ceramics, food and beverage, chemicals, and pharmaceuticals. A cogeneration system continuously generates a variety of secondary energy sources while using primary energy (fuel) to power a gas turbine. In a gas turbine cogeneration system, fuel is the primary energy source, and many types of energy are produced to increase energy efficiency.

Region with largest share:

Due to its rapid development and industrialization, the North American market is expected to register the largest market share. As the population has grown, so has the demand for goods and the supply chain. The extreme weather increased the demand for space heating and the development of micro-CHP, which leveraged the demand for cogeneration equipment. Massive demand for power and electricity as a result of technological advancements and the expansion of commercial spaces drives demand for HVAC, which fuels the growth of the cogeneration equipment market in North America.

Region with highest CAGR:

Due to the widespread availability of natural gas in economies such as Russia and Germany, Europe is expected to experience the highest growth rate during the forecast period. Over the forecast period, demand for this equipment is expected to be driven by city space and cost constraints, as well as strict environmental regulations. Despite the region's significant power and energy-producing capacities, some of its economies account for the majority of global electricity imports. Moreover, this region is home to a number of large-scale businesses and industries with the financial resources to place large-scale orders for this equipment.

Key players in the market:

Some of the key players in Cogeneration Equipment market include: 2G Energy AG, A.B. HOLDING S.P.A, Allied Equipments Inc., Almeg Controls, Alstorm Power, American DG Energy Inc., Baxi Group, Siemens AG, Caterpillar Inc., Cidea Uno Inc., Clarke Energy, General Electric, Kawasaki heavy industries Ltd., Mitsubishi Heavy Industries Ltd., Perry Process Equipment Ltd., Robert BOSCH Gmbh, Rolls Royce PLC., Siemens, Solar Turbines Inc., Sundrop Fuels Inc., Tecogen, Inc., Turner Crane and US Green Energy Ltd..

Key Developments:

In July 2023, KEPPEL, along with a consortium with Mitsubishi Power Asia-Pacific and Jurong Engineering, broke ground for Singapore's first hydrogen-ready co-generation plant, located in the Sakra sector of Jurong Island.

In August 2021, Mitsubishi Heavy Industries Ltd and Toho Gas together declared that they have successfully conducted a test operation of hydrogen (H2) mixed fuel combustion and city gas in a commercial gas engine for a cogeneration system.

Fuels Covered:

Biomass
Coal
Diesel
Natural Gas
Other Fuels

Capacities Covered:

Upto 30 MW
31MW -60 MW
61 MW- 100 MW

Technologies Covered:

Steam Turbine
Gas Turbine
Combined Cycle Gas Turbine
Reciprocating Engine
Other Technologies

Applications Covered:

Industrial
Residential
Commercial

Regions Covered:

North America
- US
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
South America
- Argentina
- Brazil
- Chile
- Rest of South America
Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa

What our report offers:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
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

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary

2 Preface

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Cogeneration Equipment Market, By Fuel

5.1 Introduction
5.2 Biomass
5.3 Coal
5.4 Diesel
5.5 Natural Gas
5.6 Other Fuels

6 Global Cogeneration Equipment Market, By Capacity

6.1 Introduction
6.2 Upto 30 MW
6.3 31MW -60 MW
6.4 61 MW- 100 MW

7 Global Cogeneration Equipment Market, By Technology

7.1 Introduction
7.2 Steam Turbine
7.3 Gas Turbine
7.4 Combined Cycle Gas Turbine
7.5 Reciprocating Engine
7.6 Other Technologies

8 Global Cogeneration Equipment Market, By Application

8.1 Introduction
8.2 Industrial
8.3 Residential
8.4 Commercial

9 Global Cogeneration Equipment Market, By Geography

9.1 Introduction
9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa

10 Key Developments

10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling

11.1 2G Energy AG
11.2 A.B. HOLDING S.P.A
11.3 Allied Equipments Inc.
11.4 Almeg Controls
11.5 Alstorm Power
11.6 American DG Energy Inc.
11.7 Baxi Group, Siemens AG
11.8 Caterpillar Inc.
11.9 Cidea Uno Inc.
11.10 Clarke Energy
11.11 General Electric
11.12 Kawasaki heavy industries Ltd.
11.13 Mitsubishi Heavy Industries Ltd.
11.14 Perry Process Equipment Ltd.
11.15 Robert BOSCH Gmbh
11.16 Rolls Royce PLC.
11.17 Siemens
11.18 Solar Turbines Inc.
11.19 Sundrop Fuels Inc.
11.20 Tecogen, Inc.
11.21 Turner Crane
11.22 US Green Energy Ltd.