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

United States 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 United States 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.

United States Cogeneration Equipment Market Synopsis

The United States cogeneration equipment market has considerable growth prospects.  Government initiatives and incentives, such as AFFECT 2020 which is envisioned to provide grants to U.S. federal agencies for projects related to energy efficiency, resilience, and security of their operations including CHP projects, are expected to augment the market for cogeneration equipment in the country over the coming years. 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, United States Cogeneration Equipment market size is expected to grow at a CAGR of 3.0% during 2020-2026. The coronavirus pandemic would impede the industrial application of cogeneration equipment on account of reduced industrial activity and investments in the sector, as well as the negative impact on the energy sector during the health emergency. On the other hand, commercial demand for cogeneration equipment, arising from institutions and medical facilities, is expected to increase on the back of improved energy resilience offered by them during the forecast period.

Market Analysis By Applications

In terms of applications, the industrial vertical dominated the overall United States 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

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

Market Scope and Segmentation

The United States 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):