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Cogeneration Equipment Market to Record an Exponential CAGR by 2027<br>
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Cogeneration Equipment Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved
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Research Insights The global cogeneration equipment market is largely consolidated in nature, observes Transparency Market Research (TMR) in a new report. To further bolster their foothold, leading players in this market are forging alliances with original equipment manufacturers (OEMs) of various end-use industries. These companies are also investing in research to introduce innovative products, which will help them gain competitive advantage. They are also vying to tap growth opportunities in emerging economies, especially in Asia Pacific, which in turn will expand their geographical presence. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
Depletion of Fossil Fuels Necessitating Sustainable Alternatives for Energy Generation Drives Growth • Globally, ever-increasing energy needs along with depletion of fossil fuels is necessitating the adoption of alternate techniques for energy generation such as cogeneration. • Government initiatives for energy conservation and the need to tackle climatic changes have led to the adoption of cogeneration, which in turn is benefitting the cogeneration equipment market. • Some of the cogeneration equipment are reciprocating engines, steam turbines, electric generators, boilers, heat recovery steam, and gas turbines. Cogeneration or combined heat and power involves generation of heat and electricity simultaneously from a single fuel source such as biomass, natural gas, waste heat, wood, coal, or oil. • Cogeneration is used across a host of areas such as shopping complexes, residential buildings, oil and gas production facilities, hospitals, universities, and small and large industries.
Competition Landscape BDR Thermea, Siemens AG, Mitsubishi Heavy Industries Ltd., Clarke Energy, Innovate Steam Technologies, Foster Wheeler AG, ANDRITZ Energy & Environment GmbH, 2G Energy, ABB, Aegis Energy Services Inc., Rolls Royce Plc., Innovate Steam Technologies, Kawasaki Heavy Industries. Request For Multiple Chapters of Cogeneration Equipment Market Here ©2019 Transparency Market Research, All Rights Reserved
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