DUBLIN, Apr. 16, 2014 /PRNewswire/ --
Research and Markets
) has announced the addition of the
report to their offering.
The analysts forecast the Global Cogeneration Equipment market to grow at a CAGR of 9.4 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for electric power. The Global Cogeneration Equipment market has also been witnessing the increased use of cogeneration technology in the renewable energy area. However, the volatility of fuel prices could pose a challenge to the growth of this market.
The report, the Global Cogeneration Equipment market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Cogeneration Equipment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major trends being witnessed in the market is the increasing usage of cogeneration technology for renewable energy generation. With the increasing fuel prices and pressure on industries to reduce the size of their carbon footprint, the focus has shifted to renewable sources of energy. Renewable energy sources such as biomass, fuel cells, and solar power are increasingly being used as an alternative source of energy by various industries.
These sources are cheaper than conventional non-renewable sources and are non-polluting. Moreover, governments are providing many incentives for the usage of renewable energy sources in cogeneration. It is estimated that the price of renewable cogeneration equipment will decline during the forecast period, thereby fostering its usage among end-user industries over the next few years.
According to the report, one of the major drivers in the market is the increasing demand for electrical power. There has been an increase in the demand for power in both developing and developed nations. In addition, the supply-demand gap in respect of electricity generation has been widening in recent years.
Further, the report states that one of the major challenges in the market is the volatility of fuel prices. This has become a major concern for manufacturers in recent years. Volatility is a key measure for movements in the energy commodities market as it has a huge impact on energy market vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Market Segmentation by Technology
08. Market Segmentation by End-users
09. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
- ABB Group
- Alstom Power
- ANDRITZ Energy & Environment GmbH
- Baxi Group
- Brush Electrical Machines Ltd.
- Caterpillar Inc.
- Cogenco Ltd.
- Cogenra Solar Inc.
- Foster Wheeler AG
- GE Energy
- Innovative Steam Technologies
- Kawasaki Heavy Industries Ltd.
- Mitsubishi Heavy Industries Ltd.
- Rolls Royce Plc.
- Siemens AG.
- Solar Turbines Inc.
For more information visit http://www.researchandmarkets.com/research/bqgd8s/global
Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets