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Research delivers insight into the power generation technologies market analysis to 2022

Energy Market Research

The power generation technologies covered in this study include steam turbines, micro turbines, gas turbines, gas engines, micro CHP, nuclear power reactors, small wind, diesel and gas generators, and concentrating solar power.

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The small wind market is expected to grow from an estimated USD 405.0 million in 2016 to USD 954.7 million by 2021. The small wind market is expected to reach USD 954.7 million by 2021

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“Asia-Pacific is the largest market for most of the power generation technologies market”

Asia-Pacific is the largest market for most of the power generation technologies market. The largest economies in Asia-Pacific, such as China and India, have the most potential for the power generation technologies market, with both countries projected to account major share of global power generation technologies over the next five years. Get Direct order to Complete Report Copy on “Power Generation Technologies market” spread across 190 pages, profiling 15 companies and supported with 141 tables and 47 figures is now available at

Energy consumption is increasing rapidly worldwide and factors such as rising population and economic growth in emerging countries can create a demand-and-supply gap in the energy sector over a period of time. The market for small wind is majorly driven by encouragement to environmental policies to use renewable sources, increased standardization of technology to help manufacturing companies attain economies of scale, and reduction in the cost of wind energy generation.

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“The micro CHP market would grow at a faster pace during the forecast period”

The market for micro CHP is expected to grow at a significant pace during the forecast period, second only to the small wind market. The two North American countries where the sector is gradually developing are the U.S. and Canada. The main factors driving the U.S.’s micro CHP market are government support and increased consumer awareness. 


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The industry’s leading players have been profiled with their recent developments and other strategic activities. These include Siemens AG (Germany), Mitsubishi Heavy Industries, Ltd. (Japan), General Electric Company (U.S.), Ansaldo Energia S.p.A (Italy), Caterpillar, Inc. (U.S.), Cummins, Inc.(U.S.), Yanmar Co., Ltd. (Japan), Mitsubishi Hitachi Power Systems, Ltd.(Japan), Shanghai Electric Group Co., Ltd. (China), Harbin Electric International Company Limited (China), Abengoa Solar, S.A. (Spain), Capstone Turbine Corporation (U.S.), Northern Power Systems (U.S.), Wind Energy Solutions (The Netherlands), BDR Thermea Group (The Netherlands), Viessmann Group (Germany), among others.

The stakeholders included in this report are as follows:

  • Generator manufacturers
  • Generator component suppliers
  • Government and research organizations
  • Institutional investors/shareholders
  • Consulting companies of the energy and power and industrial sectors
  • Generator set assemblers
  • Utilities, oil & gas, manufacturing, and other processing industries
  • Gas engine manufacturing companies
  • Manufacturers’ associations
  • Public and private operators of natural gas power plants
  • State and national regulatory authorities
  • Suppliers of parts and components to the gas engines industry
  • Gas turbine manufacturers
  • Distribution consultancies
  • Power grid infrastructure companies
  • Power plant project developers
  • Micro CHP equipment manufacturers
  • Micro CHP unit manufacturers
  • Micro CHP unit distributors and suppliers
  • Smart grid players
  • Utilities such as hotels, hospitals, care homes, office buildings, and retail stores, among others
  • Micro turbine manufacturers
  • Supplier of parts and components to the micro turbine industry
  • Supplier of parts and components to the nuclear power plant industry
  • Wind turbine service companies
  • Small wind turbine manufacturers
  • Wind farm developers and investors
  • Steam turbine manufacturers
  • Public and private operators of coal, biomass, nuclear, solar thermal, and geothermal power plants
  • Suppliers of parts and components to the steam turbine industry
  • Concentrating solar power developers, suppliers, constructors, EPC, operators, and designers

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Fundamental Point from Table of content

2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data Key Data From Secondary Sources
2.1.2 Primary Data Key Data From Primary Sources Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Market Breakdown & Data Triangulation
2.3 Research Assumptions
2.3.1 Assumptions

3 Executive Summary & Premium Insights
3.1 Introduction
3.2 Current Scenario
3.3 Future Outlook
3.4 Conclusion

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