Power Generation Technologies Market

Power generation is one of the most important utilities for modern communities. It is a method of generating power and energy from different sources. Energy and power is not freely available and needs to be produced, transforming other forms of energy to electricity. Power generation technologies are produced from different sources of energy such as fossil fuels, nuclear, solar, wind, and water. Production is done in power stations (likewise called "power plants"). It is used for generating electricity and solar power. Electricity is produced at a power plant by electromechanical generators, fundamentally determined by heat engines filled by burning or nuclear generators and kinetic energy. Other energy sources include solar photovoltaic and geothermal power.

Power Generation Technologies Market contains market size and forecasts of Power Generation Technologies in Global, including the following market information:

• Global Power Generation Technologies Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Power Generation Technologies market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Fossil Fuel Power Generation Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Power Generation Technologies include Siemens AG, Mitsubishi Heavy Industries, Ltd, Alstom S.A., Ansaldo Energia S.p.A, Caterpillar, Inc., Cummins, Inc., Yanmar Co., Ltd., General Electric Company and Mitsubishi Hitachi Power Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Power Generation Technologies companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Power Generation Technologies Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Power Generation Technologies Market Segment Percentages, by Type, 2021 (%)

• Fossil Fuel Power Generation
• Hydro Power Generation
• Wind Power Generation
• Solar Power Generation
• Nuclear Power Generation
• Biomass Power Generation
• Geothermal
• Others

Global Power Generation Technologies Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Power Generation Technologies Market Segment Percentages, by Application, 2021 (%)

• Industrial
• Commercial
• Residential

Global Power Generation Technologies Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Power Generation Technologies Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Power Generation Technologies revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Power Generation Technologies revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Siemens AG
• Mitsubishi Heavy Industries, Ltd
• Alstom S.A.
• Ansaldo Energia S.p.A
• Caterpillar, Inc.
• Cummins, Inc.
• Yanmar Co., Ltd.
• General Electric Company
• Mitsubishi Hitachi Power Systems
• Shanghai Electric Group Co., Ltd
• Dongfang Electric Corporation Ltd
• Harbin Electric International Company
• Abengoa Solar
• Capstone Turbine Corporation
• Northern Power Systems
• Wind Energy Solutions
• BDR Thermea Group
• Viessmann Group