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    Cogeneration Equipment Market

    ID: 27848
    128 Pages
    Research Team
    07/2025

    Cogeneration Equipment Market Research Report - By Type (Gas Turbines, Gas Engines, Steam Turbines, Micro-turbines, Others), By Fuel Type (Natural gas, Diesel, Biogas, Biomass, Others), By Capacity Range (Up to 1 MW, 1 to 10 MW, 10 to 50 MW, 50 to 100 MW, 100 MW and above), By End-Use Industry (Power Generation, Industrial, Commercial, Residential, Others) and By Regional (North America, Europe...

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    Market Summary

    Global Cogeneration Equipment Market Overview:

    As per MRFR analysis, the Cogeneration Equipment Market Size was estimated at 14.10 (USD Billion) in 2024. The Cogeneration Equipment Market Industry is expected to grow from 14.65 (USD Billion) in 2025 to 20.77 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.95% during the forecast period (2025 - 2034).

    Key Cogeneration Equipment Market Trends Highlighted

    Key Market Drivers: The increasing demand for efficient energy generation, rising energy costs, and stringent environmental regulations are driving the growth of the cogeneration equipment market. The government's emphasis on reducing carbon emissions and promoting sustainable energy sources further fuels market expansion. Opportunities to be Explored: The growing adoption of cogeneration systems in industries, commercial buildings, and residential complexes presents significant opportunities for market players. Advances in technology, such as the development of high-efficiency cogeneration systems and digitalization, create new avenues for growth. Furthermore, the integration of renewable energy sources, such as solar and wind power, into cogeneration systems offers promising prospects for the market. Trends in Recent Times: The trend towards decentralized energy generation, where power is produced closer to consumers, is shaping the cogeneration equipment market. The increasing demand for distributed generation systems, including cogeneration, is driven by the need for grid resilience, reduced transmission losses, and local energy independence. Additionally, the adoption of combined cooling, heating, and power (CCHP) systems, which provide multiple energy streams from a single source, is gaining traction in various industries.

    Global Cogeneration Equipment Market Overview

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Cogeneration Equipment Market Drivers

    Increasing Demand for Energy Efficiency Cogeneration equipment offers a highly efficient way to generate electricity and heat simultaneously, reducing overall energy consumption and operating costs for various industries. As organizations seek to minimize their environmental impact and optimize energy utilization, the demand for cogeneration systems is expected to surge, driving the growth of the Cogeneration Equipment Market Industry. The growing adoption of cogeneration in sectors such as manufacturing, healthcare, and hospitality is attributed to its ability to reduce energy waste, enhance reliability, and improve overall energy efficiency.

    Government Incentives and Regulations Government initiatives and regulations aimed at promoting energy conservation and reducing carbon emissions are positively influencing the Cogeneration Equipment Market Industry. Many countries offer financial incentives, such as tax credits and rebates, to encourage the adoption of cogeneration systems. Additionally, stringent environmental regulations that limit greenhouse gas emissions areng industries to invest in cleaner and more efficient energy solutions, creating a favorable market environment for cogeneration equipment.

    Technological Advancements Continuous advancements in cogeneration technology are enhancing the efficiency, reliability, and cost-effectiveness of cogeneration systems. The development of innovative technologies, such as microturbines, fuel cells, and combined heat and power (CHP) systems, is expanding the application scope of cogeneration equipment. These advancements are making cogeneration systems more accessible and attractive to a wider range of industries, contributing to the growth of the Cogeneration Equipment Market Industry.

    Cogeneration Equipment Market Segment Insights:

    Cogeneration Equipment Market Type Insights

    The Cogeneration Equipment Market is segmented by Type and includes Gas Turbines, Gas Engines, Steam Turbines, Micro-turbines, and Others. Gas Turbines held the largest market share in 2023, and is projected to maintain its dominance throughout the forecast period. Gas Turbines are widely used in industrial applications due to their high efficiency, reliability, and ability to operate on a variety of fuels. The growing demand for power generation and the increasing adoption of combined heat and power (CHP) systems are key factors driving the growth of the Gas Turbine segment. Gas Engines are expected to witness significant growth over the forecast period. Gas Engines offer high efficiency, low emissions, and can be used in a wide range of applications, including residential, commercial, and industrial settings.

    The increasing demand for distributed generation and the growing popularity of natural gas as a fuel source are contributing to the growth of the Gas Engine segment. Steam Turbines are commonly used in large-scale power plants and offer high efficiency and reliability. However, their high capital cost and complex maintenance requirements may limit their adoption in smaller-scale applications. Micro-turbines are gaining popularity in distributed generation applications due to their compact size, low emissions, and ability to operate on a variety of fuels. The increasing demand for off-grid and backup power solutions is driving the growth of the Micro-turbine segment.

    The Others segment includes reciprocating engines, fuel cells, and other emerging technologies. These technologies are expected to gain traction in the coming years as they offer potential advantages in terms of efficiency, emissions, and cost. Overall, the Cogeneration Equipment Market is expected to witness steady growth over the forecast period, driven by increasing demand for efficient and sustainable power generation solutions. The growing adoption of CHP systems, the increasing use of natural gas as a fuel source, and the government initiatives to promote renewable energy sources are key factors supporting the growth of the market.

    Cogeneration Equipment Market Type Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Cogeneration Equipment Market Fuel Type Insights

    Natural gas, diesel, biogas, biomass, and others are the key fuel types used in cogeneration equipment. Among these segments, natural gas holds the largest market share globally. In 2023, the natural gas segment accounted for approximately 45% of the Cogeneration Equipment Market revenue. The market growth of this segment can be attributed to the increasing demand for reliable and efficient power generation, coupled with the growing availability and affordability of natural gas.

    Moreover, government incentives and regulations promoting the adoption of clean energy sources are further driving the demand for natural gas-based cogeneration systems. Diesel, on the other hand, is expected to witness a steady growth rate during the forecast period, owing to its wide usage in remote areas and backup power generation applications. Biogas and biomass segments are also anticipated to grow at a significant pace, driven by the growing focus on renewable energy sources and waste utilization.

    Cogeneration Equipment Market Capacity Range Insights

    By capacity range, the market is segmented into up to 1 MW, 1 to 10 MW, 10 to 50 MW, 50 to 100 MW, and 100 MW and above. The up to 1 MW segment accounted for the largest market share in 2023, owing to the high demand for small-scale cogeneration systems in residential and commercial applications. However, the 1 to 10 MW segment is expected to grow at the highest CAGR during the forecast period, driven by the increasing adoption of cogeneration systems in industrial applications.

    Cogeneration Equipment Market End-Use Industry Insights

    The Cogeneration Equipment Market segmentation by End-Use Industry offers comprehensive insights into various industry verticals utilizing cogeneration equipment. The Power Generation segment holds a significant share of the market, driven by increasing demand for efficient and reliable power sources. The Industrial segment is another key contributor, as industries seek to optimize energy usage and reduce operating costs. The Commercial segment also presents substantial growth opportunities, with businesses recognizing the benefits of cogeneration for reducing energy expenses and enhancing sustainability.

    The Residential segment is anticipated to witness steady growth as homeowners become more aware of the advantages of decentralized energy generation. Other emerging end-use industries, such as data centers and healthcare facilities, are also expected to contribute to the overall market growth. By understanding the specific requirements and trends within each end-use industry, market participants can tailor their strategies to capture growth opportunities and meet the evolving demands of customers.

    Cogeneration Equipment Market Regional Insights

    The Cogeneration Equipment Market segmentation by region offers valuable insights into the market's geographical distribution and growth dynamics. In 2023, North America dominated the market, accounting for a significant share of the Cogeneration Equipment Market revenue. The region's well-established industrial sector, stringent environmental regulations, and government incentives for clean energy adoption have contributed to its strong market position. Europe is another prominent region, driven by its focus on energy efficiency and decarbonization targets.

    The APAC region is expected to witness robust market growth in the coming years, fueled by rapid industrialization and increasing awareness of cogeneration benefits. South America and MEA also present growth opportunities, with growing demand for reliable and sustainable energy sources. Detailed market data and statistics on these regions provide valuable insights for businesses seeking to expand their presence or enter new markets.

    Cogeneration Equipment Market Regional Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Cogeneration Equipment Market Key Players And Competitive Insights:

    Major players in the Cogeneration Equipment Market industry are continuously focusing on product development to increase their market share. Leading Cogeneration Equipment Market players are also focusing on strategic partnerships and acquisitions to expand their reach and customer base.

    The Cogeneration Equipment Market industry is expected to witness significant development in the coming years, driven by increasing demand for energy efficiency and environmental sustainability.GE Power, for instance, offers a comprehensive range of cogeneration equipment and solutions, including gas turbines, steam turbines, and heat recovery steam generators. The company has a strong presence in the Americas, Europe, and Asia-Pacific regions. GE Power is committed to providing innovative and reliable cogeneration solutions to its customers around the world.

    Another key player in the Cogeneration Equipment Market is Siemens Energy. The company offers a wide range of cogeneration products and services, including gas engines, steam turbines, and combined heat and power plants. Siemens Energy has a reach, with a presence in over 190 countries. The company is focused on providing sustainable and efficient energy solutions to its customers.

    Key Companies in the Cogeneration Equipment Market Include:

      • MAN SE
      • Caterpillar
      • Mitsubishi Heavy Industries
      • Siemens
      • Hyundai Heavy Industries
      • RollsRoyce Power Systems
      • Cummins
      • Doosan
      • Deutz
      • Kawasaki Heavy Industries
      • Volvo Penta
      • General Electric (GE)
      • Wärtsilä
      • Ansaldo

    Cogeneration Equipment Market Industry Developments

    The cogeneration equipment market is projected to reach USD 20.77 billion by 2034, exhibiting a CAGR of 3.95% during the forecast period (2025-2034). The market growth is attributed to the increasing demand for efficient and sustainable energy solutions, government regulations promoting cogeneration, and technological advancements in cogeneration systems. The Asia-Pacific region is expected to hold a significant market share due to rapid industrialization and urbanization in countries like China and India.

    Key players in the market include Siemens, GE, Mitsubishi Heavy Industries, and Ansaldo Energia. Recent developments include the launch of highly efficient cogeneration turbines by Siemens and the growing adoption of micro-cogeneration systems for residential and commercial applications.

    Cogeneration Equipment Market Segmentation Insights

      • Cogeneration Equipment Market Type Outlook
        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others
      • Cogeneration Equipment Market Fuel Type Outlook
        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others
      • Cogeneration Equipment Market Capacity Range Outlook
        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above
      • Cogeneration Equipment Market End-Use Industry Outlook
        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • Cogeneration Equipment Market Regional Outlook
        • North America
        • Europe
        • South America
        • Asia Pacific
        • Middle East and Africa

    Market Size & Forecast

    Report Attribute/Metric Details

    Market Size 2024

      14.10 (USD Billion)

    Market Size 2025

      14.65 (USD Billion)

    Market Size 2034

      20.77 (USD Billion)

    Compound Annual Growth Rate (CAGR)

      3.95% (2025 - 2034)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2024

    Market Forecast Period

    2025 - 2034

    Historical Data

    2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled MAN SE, Caterpillar, Mitsubishi Heavy Industries, Siemens, Hyundai Heavy Industries, RollsRoyce Power Systems, Cummins, Doosan, Deutz, Kawasaki Heavy Industries, Volvo Penta, General Electric (GE), Wärtsilä, Ansaldo
    Segments Covered Type, Fuel Type, Capacity Range, End-Use Industry, Regional
    Key Market Opportunities Growing demand for energy efficiency Government incentives and regulations Technological advancements Increasing industrialization Rising awareness of environmental sustainability
    Key Market Dynamics Increasing energy efficiency Growing demand for clean energy Government incentives Technological advancements and Rising environmental concerns
    Countries Covered North America, Europe, APAC, South America, MEA

    Major Players

    Cogeneration Equipment Market Segmentation

    • Cogeneration Equipment Market By Type (USD Billion, 2019-2032)

      • Gas Turbines

      • Gas Engines

      • Steam Turbines

      • Micro-turbines

      • Others

    • Cogeneration Equipment Market By Fuel Type (USD Billion, 2019-2032)

      • Natural gas

      • Diesel

      • Biogas

      • Biomass

      • Others

    • Cogeneration Equipment Market By Capacity Range (USD Billion, 2019-2032)

      • Up to 1 MW

      • 1 to 10 MW

      • 10 to 50 MW

      • 50 to 100 MW

      • 100 MW and above

    • Cogeneration Equipment Market By End-Use Industry (USD Billion, 2019-2032)

      • Power Generation

      • Industrial

      • Commercial

      • Residential

      • Others

    • Cogeneration Equipment Market By Regional (USD Billion, 2019-2032)

      • North America

      • Europe

      • South America

      • Asia Pacific

      • Middle East and Africa

    Cogeneration Equipment Market Regional Outlook (USD Billion, 2019-2032)

    • North America Outlook (USD Billion, 2019-2032)

      • North America Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • North America Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • North America Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • North America Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • North America Cogeneration Equipment Market by Regional Type

        • US

        • Canada

      • US Outlook (USD Billion, 2019-2032)

      • US Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • US Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • US Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • US Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • CANADA Outlook (USD Billion, 2019-2032)

      • CANADA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • CANADA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • CANADA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • CANADA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

    • Europe Outlook (USD Billion, 2019-2032)

      • Europe Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • Europe Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • Europe Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • Europe Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • Europe Cogeneration Equipment Market by Regional Type

        • Germany

        • UK

        • France

        • Russia

        • Italy

        • Spain

        • Rest of Europe

      • GERMANY Outlook (USD Billion, 2019-2032)

      • GERMANY Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • GERMANY Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • GERMANY Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • GERMANY Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • UK Outlook (USD Billion, 2019-2032)

      • UK Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • UK Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • UK Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • UK Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • FRANCE Outlook (USD Billion, 2019-2032)

      • FRANCE Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • FRANCE Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • FRANCE Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • FRANCE Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • RUSSIA Outlook (USD Billion, 2019-2032)

      • RUSSIA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • RUSSIA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • RUSSIA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • RUSSIA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • ITALY Outlook (USD Billion, 2019-2032)

      • ITALY Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • ITALY Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • ITALY Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • ITALY Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • SPAIN Outlook (USD Billion, 2019-2032)

      • SPAIN Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • SPAIN Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • SPAIN Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • SPAIN Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • REST OF EUROPE Outlook (USD Billion, 2019-2032)

      • REST OF EUROPE Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • REST OF EUROPE Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • REST OF EUROPE Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • REST OF EUROPE Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

    • APAC Outlook (USD Billion, 2019-2032)

      • APAC Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • APAC Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • APAC Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • APAC Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • APAC Cogeneration Equipment Market by Regional Type

        • China

        • India

        • Japan

        • South Korea

        • Malaysia

        • Thailand

        • Indonesia

        • Rest of APAC

      • CHINA Outlook (USD Billion, 2019-2032)

      • CHINA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • CHINA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • CHINA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • CHINA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • INDIA Outlook (USD Billion, 2019-2032)

      • INDIA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • INDIA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • INDIA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • INDIA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • JAPAN Outlook (USD Billion, 2019-2032)

      • JAPAN Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • JAPAN Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • JAPAN Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • JAPAN Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • SOUTH KOREA Outlook (USD Billion, 2019-2032)

      • SOUTH KOREA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • SOUTH KOREA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • SOUTH KOREA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • SOUTH KOREA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • MALAYSIA Outlook (USD Billion, 2019-2032)

      • MALAYSIA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • MALAYSIA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • MALAYSIA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • MALAYSIA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • THAILAND Outlook (USD Billion, 2019-2032)

      • THAILAND Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • THAILAND Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • THAILAND Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • THAILAND Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • INDONESIA Outlook (USD Billion, 2019-2032)

      • INDONESIA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • INDONESIA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • INDONESIA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • INDONESIA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • REST OF APAC Outlook (USD Billion, 2019-2032)

      • REST OF APAC Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • REST OF APAC Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • REST OF APAC Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • REST OF APAC Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

    • South America Outlook (USD Billion, 2019-2032)

      • South America Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • South America Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • South America Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • South America Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • South America Cogeneration Equipment Market by Regional Type

        • Brazil

        • Mexico

        • Argentina

        • Rest of South America

      • BRAZIL Outlook (USD Billion, 2019-2032)

      • BRAZIL Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • BRAZIL Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • BRAZIL Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • BRAZIL Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • MEXICO Outlook (USD Billion, 2019-2032)

      • MEXICO Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • MEXICO Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • MEXICO Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • MEXICO Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • ARGENTINA Outlook (USD Billion, 2019-2032)

      • ARGENTINA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • ARGENTINA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • ARGENTINA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • ARGENTINA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2032)

      • REST OF SOUTH AMERICA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • REST OF SOUTH AMERICA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • REST OF SOUTH AMERICA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • REST OF SOUTH AMERICA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

    • MEA Outlook (USD Billion, 2019-2032)

      • MEA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • MEA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • MEA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • MEA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • MEA Cogeneration Equipment Market by Regional Type

        • GCC Countries

        • South Africa

        • Rest of MEA

      • GCC COUNTRIES Outlook (USD Billion, 2019-2032)

      • GCC COUNTRIES Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • GCC COUNTRIES Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • GCC COUNTRIES Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • GCC COUNTRIES Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • SOUTH AFRICA Outlook (USD Billion, 2019-2032)

      • SOUTH AFRICA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • SOUTH AFRICA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • SOUTH AFRICA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • SOUTH AFRICA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

      • REST OF MEA Outlook (USD Billion, 2019-2032)

      • REST OF MEA Cogeneration Equipment Market by Type

        • Gas Turbines

        • Gas Engines

        • Steam Turbines

        • Micro-turbines

        • Others

      • REST OF MEA Cogeneration Equipment Market by Fuel Type

        • Natural gas

        • Diesel

        • Biogas

        • Biomass

        • Others

      • REST OF MEA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW

        • 1 to 10 MW

        • 10 to 50 MW

        • 50 to 100 MW

        • 100 MW and above

      • REST OF MEA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation

        • Industrial

        • Commercial

        • Residential

        • Others

    Market Trends

    Global Cogeneration Equipment Market Overview:

    As per MRFR analysis, the Cogeneration Equipment Market Size was estimated at 14.10 (USD Billion) in 2024. The Cogeneration Equipment Market Industry is expected to grow from 14.65 (USD Billion) in 2025 to 20.77 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.95% during the forecast period (2025 - 2034).

    Key Cogeneration Equipment Market Trends Highlighted

    Key Market Drivers: The increasing demand for efficient energy generation, rising energy costs, and stringent environmental regulations are driving the growth of the cogeneration equipment market. The government's emphasis on reducing carbon emissions and promoting sustainable energy sources further fuels market expansion. Opportunities to be Explored: The growing adoption of cogeneration systems in industries, commercial buildings, and residential complexes presents significant opportunities for market players. Advances in technology, such as the development of high-efficiency cogeneration systems and digitalization, create new avenues for growth. Furthermore, the integration of renewable energy sources, such as solar and wind power, into cogeneration systems offers promising prospects for the market. Trends in Recent Times: The trend towards decentralized energy generation, where power is produced closer to consumers, is shaping the cogeneration equipment market. The increasing dem...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Cogeneration Equipment Market

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Smartphone Sensors Market

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Cogeneration Equipment Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Report Attribute/Metric Details

    Market Size 2024

      14.10 (USD Billion)

    Market Size 2025

      14.65 (USD Billion)

    Market Size 2034

      20.77 (USD Billion)

    Compound Annual Growth Rate (CAGR)

      3.95% (2025 - 2034)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2024

    Market Forecast Period

    2025 - 2034

    Historical Data

    2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled MAN SE, Caterpillar, Mitsubishi Heavy Industries, Siemens, Hyundai Heavy Industries, RollsRoyce Power Systems, Cummins, Doosan, Deutz, Kawasaki Heavy Industries, Volvo Penta, General Electric (GE), Wärtsilä, Ansaldo
    Segments Covered Type, Fuel Type, Capacity Range, End-Use Industry, Regional
    Key Market Opportunities Growing demand for energy efficiency Government incentives and regulations Technological advancements Increasing industrialization Rising awareness of environmental sustainability
    Key Market Dynamics Increasing energy efficiency Growing demand for clean energy Government incentives Technological advancements and Rising environmental concerns
    Countries Covered North America, Europe, APAC, South America, MEA

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
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    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM
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    FAQs

    1. to 50 MW
    2. (% SHARE)
    3. TO 2032 (USD Billions)
    4. TO 2032 (USD Billions)

    Cogeneration Equipment Market Segmentation

    • Cogeneration Equipment Market By Type (USD Billion, 2019-2032)

      • Gas Turbines
      • Gas Engines
      • Steam Turbines
      • Micro-turbines
      • Others

    • Cogeneration Equipment Market By Fuel Type (USD Billion, 2019-2032)

      • Natural gas
      • Diesel
      • Biogas
      • Biomass
      • Others

    • Cogeneration Equipment Market By Capacity Range (USD Billion, 2019-2032)

      • Up to 1 MW
      • 1 to 10 MW
      • 10 to 50 MW
      • 50 to 100 MW
      • 100 MW and above

    • Cogeneration Equipment Market By End-Use Industry (USD Billion, 2019-2032)

      • Power Generation
      • Industrial
      • Commercial
      • Residential
      • Others

    • Cogeneration Equipment Market By Regional (USD Billion, 2019-2032)

      • North America
      • Europe
      • South America
      • Asia Pacific
      • Middle East and Africa

    Cogeneration Equipment Market Regional Outlook (USD Billion, 2019-2032)

    • North America Outlook (USD Billion, 2019-2032)

      • North America Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • North America Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • North America Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • North America Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

      • North America Cogeneration Equipment Market by Regional Type

        • US
        • Canada
      • US Outlook (USD Billion, 2019-2032)

      • US Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • US Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • US Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • US Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • CANADA Outlook (USD Billion, 2019-2032)

      • CANADA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • CANADA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • CANADA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • CANADA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

    • Europe Outlook (USD Billion, 2019-2032)

      • Europe Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • Europe Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • Europe Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • Europe Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

      • Europe Cogeneration Equipment Market by Regional Type

        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Spain
        • Rest of Europe
      • GERMANY Outlook (USD Billion, 2019-2032)

      • GERMANY Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • GERMANY Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • GERMANY Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • GERMANY Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • UK Outlook (USD Billion, 2019-2032)

      • UK Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • UK Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • UK Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • UK Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • FRANCE Outlook (USD Billion, 2019-2032)

      • FRANCE Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • FRANCE Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • FRANCE Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • FRANCE Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • RUSSIA Outlook (USD Billion, 2019-2032)

      • RUSSIA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • RUSSIA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • RUSSIA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • RUSSIA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • ITALY Outlook (USD Billion, 2019-2032)

      • ITALY Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • ITALY Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • ITALY Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • ITALY Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • SPAIN Outlook (USD Billion, 2019-2032)

      • SPAIN Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • SPAIN Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • SPAIN Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • SPAIN Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • REST OF EUROPE Outlook (USD Billion, 2019-2032)

      • REST OF EUROPE Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • REST OF EUROPE Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • REST OF EUROPE Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • REST OF EUROPE Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

    • APAC Outlook (USD Billion, 2019-2032)

      • APAC Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • APAC Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • APAC Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • APAC Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

      • APAC Cogeneration Equipment Market by Regional Type

        • China
        • India
        • Japan
        • South Korea
        • Malaysia
        • Thailand
        • Indonesia
        • Rest of APAC
      • CHINA Outlook (USD Billion, 2019-2032)

      • CHINA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • CHINA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • CHINA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • CHINA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • INDIA Outlook (USD Billion, 2019-2032)

      • INDIA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • INDIA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • INDIA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • INDIA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • JAPAN Outlook (USD Billion, 2019-2032)

      • JAPAN Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • JAPAN Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • JAPAN Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • JAPAN Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • SOUTH KOREA Outlook (USD Billion, 2019-2032)

      • SOUTH KOREA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • SOUTH KOREA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • SOUTH KOREA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • SOUTH KOREA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • MALAYSIA Outlook (USD Billion, 2019-2032)

      • MALAYSIA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • MALAYSIA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • MALAYSIA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • MALAYSIA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • THAILAND Outlook (USD Billion, 2019-2032)

      • THAILAND Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • THAILAND Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • THAILAND Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • THAILAND Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • INDONESIA Outlook (USD Billion, 2019-2032)

      • INDONESIA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • INDONESIA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • INDONESIA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • INDONESIA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • REST OF APAC Outlook (USD Billion, 2019-2032)

      • REST OF APAC Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • REST OF APAC Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • REST OF APAC Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • REST OF APAC Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

    • South America Outlook (USD Billion, 2019-2032)

      • South America Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • South America Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • South America Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • South America Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

      • South America Cogeneration Equipment Market by Regional Type

        • Brazil
        • Mexico
        • Argentina
        • Rest of South America
      • BRAZIL Outlook (USD Billion, 2019-2032)

      • BRAZIL Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • BRAZIL Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • BRAZIL Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • BRAZIL Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • MEXICO Outlook (USD Billion, 2019-2032)

      • MEXICO Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • MEXICO Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • MEXICO Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • MEXICO Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • ARGENTINA Outlook (USD Billion, 2019-2032)

      • ARGENTINA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • ARGENTINA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • ARGENTINA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • ARGENTINA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2032)

      • REST OF SOUTH AMERICA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • REST OF SOUTH AMERICA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • REST OF SOUTH AMERICA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • REST OF SOUTH AMERICA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

    • MEA Outlook (USD Billion, 2019-2032)

      • MEA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • MEA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • MEA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • MEA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others

      • MEA Cogeneration Equipment Market by Regional Type

        • GCC Countries
        • South Africa
        • Rest of MEA
      • GCC COUNTRIES Outlook (USD Billion, 2019-2032)

      • GCC COUNTRIES Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • GCC COUNTRIES Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • GCC COUNTRIES Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • GCC COUNTRIES Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • SOUTH AFRICA Outlook (USD Billion, 2019-2032)

      • SOUTH AFRICA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • SOUTH AFRICA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • SOUTH AFRICA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • SOUTH AFRICA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
      • REST OF MEA Outlook (USD Billion, 2019-2032)

      • REST OF MEA Cogeneration Equipment Market by Type

        • Gas Turbines
        • Gas Engines
        • Steam Turbines
        • Micro-turbines
        • Others

      • REST OF MEA Cogeneration Equipment Market by Fuel Type

        • Natural gas
        • Diesel
        • Biogas
        • Biomass
        • Others

      • REST OF MEA Cogeneration Equipment Market by Capacity Range Type

        • Up to 1 MW
        • 1 to 10 MW
        • 10 to 50 MW
        • 50 to 100 MW
        • 100 MW and above

      • REST OF MEA Cogeneration Equipment Market by End-Use Industry Type

        • Power Generation
        • Industrial
        • Commercial
        • Residential
        • Others
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