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Top 10 Power Generation Technologies Market by Generation - Global Forecast to 2021

Top 10 Power Generation Technologies: Global Forecast until 2021

  • March 2017
  • 195 pages
  • ID: 4770690
In this report:
According to B.P. Statistics, natural gas reserves in Europe stood at ##,##.## Tcf (trillion cubic feet) in 2015, that is, around ##.##% of the total natural gas reserves in 2015.
According to an estimate by the Energy Information Administration (EIA) (U.S.), ##% of the nearly ## GW worth of capacity retirements expected to take place in 2015 across the U.S. consist of coal-fired power plants.

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"The small wind market is forecasted to reach $954.70M by 2021"

The small wind market is forecasted to grow from an estimated $405.00M in 2016 to $954.70M by 2021. Energy consumption is growing quickly worldwide and Elements such as growing population and economic increase in emerging countries can create a demand-and-supply gap in the energy industry over a period of time. The sector for small wind is mainly driven by encouragement to environmental policies to use renewable sources, rised standardization of technology to help manufacturing firms attain economies of scale, and reduction in the cost of wind energy generation.

"The micro CHP market would grow at a faster pace during the estimate period"

The industry for micro CHP is anticipated to grow at a significant pace during the outlook period, second only to the small wind market. The two North American countries where the market is gradually developing are the U.S.A and Canada (CA). The main factors driving the U.S.'s micro CHP market are government support and rised consumer awareness. The North America (NA) sector could be a game-changer in the outlook as it not only has the potential for huge sales volumes, but, it also has high per capita energy consumption. Elements such as electricity generation at reduced cost would impart increase in the micro CHP market.

"APAC is the largest industry for most of the power generation technologies market"

Asia-Pac is the biggest market for most of the power generation technologies market. The biggest economies in Asia Pacific (APAC), such as china (CN) and India (IN), have the most potential for the power generation technologies market, with both countries expected to account main share of overall power generation technologies over the upcoming five years.

Breakdown of Primaries

Comprehensive interviews have been managed with several key industry participants, subject-matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitate info, as well as, assess future industry prospects. The classification of primaries interviews is like:

By Company Type: Tier 1 25.0 percent, Tier 2 25.0 percent, and Tier 3 50.0 percent

By Designation: C-Level- 37.0 percent, Director Level- 25.0 percent, and Engineer Level- 38.0 percent

By area: Asia-pac- 38%, EMEA 37.0 percent, and Americas 25.0 percent

Note: The 1/3 of the companies, the tiers of the corporations has been defined on the basis of their final revenue, as of 2015: Tier 1 => $10.0B, Tier 2 = From $1.0B to $10.0B, and Tier 3 =< $1.0B; and Europe, Middle East and Africa (EMEA) includes Europe (EU), Middle East (ME), and African continent

The industry's leading players have been profiled with their new developments and other strategic activities. These include Siemens Aktiengesellschaft, Mitsubishi Heavy Sectors, Limited, General Electric Company, Ansaldo Energia S.p.A, Caterpillar, Incorporated, Cummins, Incorporated, Yanmar Co., Limited, Mitsubishi Hitachi Power Systems, Limited, Shanghai Electric Group Co., Limited, Harbin Electric International Company Limited, Abengoa Solar, S.A., Capstone Turbine Corporation, Northern Power Systems, Wind Energy Solutions, BDR Thermea Group, Viessmann Group, among others.

Segment Research

The power generation technologies included in this analysis contain steam turbines, micro turbines, gas turbines, gas engines, micro CHP, nuclear power reactors, small wind, diesel and gas generators, and concentrating solar power. The market research aims at evaluating the market value and upcoming growth potential of this market across different areas. Moreover, the study also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, business overviews, and recent evolutions.

Why acquire this industry report?

1. The analysis determines and addresses main markets for power generation technologies, which is useful to suppliers and Original equipment manufacturers to examine production and distribution plans.

2. The market research includes review of main sectors of power generation technologies. It also analyzes historical forecasts and estimations until 2021, assisting in strategic decision making.

3. It presents a competitive analysis by analyzing recent market developments including top contracts, recent product launches, business developments, and mergers & acquisitions by the main overall market actors. It helps understand competitive landscape and plan respective initiatives.

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