South Africa Cogeneration Equipment Market Outlook (2020-2026) | Size, Forecast, Analysis, Revenue, Growth, Value, COVID-19 IMPACT, Industry, Share, Companies & Trends

South Africa Cogeneration Equipment Market report thoroughly covers the market by capacity, by fuel, by applications, and by technology. The report provides an unbiased and detailed analysis of the ongoing South Africa cogeneration equipment market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to device and align the market strategies according to the current and future market dynamics.

South Africa Cogeneration Equipment Market Synopsis

South Africa Independent Power Producer Procurement Programme is a key agent for acquiring electricity capacity from the private sector for both renewable and non-renewable energy sources, as aligned with national policy. Independent power producers, in collaboration with Eskom, offer sustainable and complementary solutions to meet the country’s electricity generation requirements. However, the Covid-19 pandemic had slowed down the market in terms of the supply of the product during 2020. While on the other hand, the demand-side also fell victim to the slowdown due to the market being closed during the lockdown period. Currently, the market has recovered gradually and is likely to witness growth over the coming years.

According to 6Wresearch, the South Africa Cogeneration Equipment market size is expected to grow at a CAGR of 1.9% during 2020-2026. The Cogeneration IPP procurement program in the country is aimed at procuring energy through three technologies namely Waste to Energy, Combined Heat and Power (CHP), and Industrial Biomass. In 2019, the South African government published the update of the Integrated Resource Plan (IRP) 2010-2030 which anticipates distributed generation through biomass, biogas, and municipal waste to be areas of substantial potential for improving municipal revenues. This would bode well for the demand for cogeneration equipment in the years to come.

Market Analysis By Applications

In terms of applications, the industrial vertical dominated the overall South Africa cogeneration equipment market in 2019. Additionally, the commercial vertical also held the majority of the market revenue share. Further, the residential vertical is likely to register moderate growth over the coming years.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2020.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• South Africa Cogeneration Equipment Market Overview
• South Africa Cogeneration Equipment Market Outlook
• South Africa Cogeneration Equipment Market Forecast
• Historical Data of South Africa Cogeneration Equipment Market Revenues for the Period 2017-2029
• South Africa Cogeneration Equipment Market Size and Market Forecast of Revenues, Until 2026
• Historical Data of South Africa Cogeneration Equipment Market Revenues, by Fuel, for the Period 2017-2019
• Market Size & Forecast of South Africa Cogeneration Equipment Market Revenues, by Fuel, until 2026
• Historical Data of South Africa Cogeneration Equipment Market Revenues, By Applications, for the Period 2017-2019
• Market Size & Forecast of South Africa Cogeneration Equipment Market Revenues, By Applications, until 2026
• Historical Data of South Africa Cogeneration Equipment Market Revenues, by Capacity, for the Period 2017-2019
• Market Size & Forecast of South Africa Cogeneration Equipment Market Revenues, by Capacity, until 2026
• Historical Data of South Africa Cogeneration Equipment Market Revenues, by Technology, for the Period 2017-2019
• Market Size & Forecast of South Africa Cogeneration Equipment Market Revenues, by Technology, until 2026
• Market Drivers and Restraints
• South Africa Cogeneration Equipment Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• South Africa Cogeneration Equipment Market Share, By Players
• South Africa Cogeneration equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The South Africa cogeneration equipment market report provides a detailed analysis of the following market segments:

By Capacity:

• Up to 30 MW
• 31 MW – 60 MW
• Above 60 MW

By Fuel:

• Natural Gas
• Biomass
• Coal
• Others

By Applications:

• Residential
• Commercial
• Industrial

By Technology:

• Reciprocating Engine
• Steam Turbine
• Combined Cycle Gas Turbine
• Others

Frequently Asked Questions About the Market Study (FAQs):