

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.
The global Power Generation Technologies market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Power Generation Technologies is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Power Generation Technologies is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Power Generation Technologies in Industrial is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies 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 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Power Generation Technologies, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Generation Technologies.
Report Scope
The Power Generation Technologies market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Power Generation Technologies market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power Generation Technologies companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Fossil Fuel Power Generation
Hydro Power Generation
Wind Power Generation
Solar Power Generation
Nuclear Power Generation
Biomass Power Generation
Geothermal
Others
Segment by Application
Industrial
Commercial
Residential
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Power Generation Technologies companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Power Generation Technologies Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Fossil Fuel Power Generation
1.2.3 Hydro Power Generation
1.2.4 Wind Power Generation
1.2.5 Solar Power Generation
1.2.6 Nuclear Power Generation
1.2.7 Biomass Power Generation
1.2.8 Geothermal
1.2.9 Others
1.3 Market by Application
1.3.1 Global Power Generation Technologies Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Industrial
1.3.3 Commercial
1.3.4 Residential
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Power Generation Technologies Market Perspective (2019-2030)
2.2 Power Generation Technologies Growth Trends by Region
2.2.1 Global Power Generation Technologies Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Power Generation Technologies Historic Market Size by Region (2019-2024)
2.2.3 Power Generation Technologies Forecasted Market Size by Region (2025-2030)
2.3 Power Generation Technologies Market Dynamics
2.3.1 Power Generation Technologies Industry Trends
2.3.2 Power Generation Technologies Market Drivers
2.3.3 Power Generation Technologies Market Challenges
2.3.4 Power Generation Technologies Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Power Generation Technologies Players by Revenue
3.1.1 Global Top Power Generation Technologies Players by Revenue (2019-2024)
3.1.2 Global Power Generation Technologies Revenue Market Share by Players (2019-2024)
3.2 Global Power Generation Technologies Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Power Generation Technologies Revenue
3.4 Global Power Generation Technologies Market Concentration Ratio
3.4.1 Global Power Generation Technologies Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Power Generation Technologies Revenue in 2023
3.5 Power Generation Technologies Key Players Head office and Area Served
3.6 Key Players Power Generation Technologies Product Solution and Service
3.7 Date of Enter into Power Generation Technologies Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Power Generation Technologies Breakdown Data by Type
4.1 Global Power Generation Technologies Historic Market Size by Type (2019-2024)
4.2 Global Power Generation Technologies Forecasted Market Size by Type (2025-2030)
5 Power Generation Technologies Breakdown Data by Application
5.1 Global Power Generation Technologies Historic Market Size by Application (2019-2024)
5.2 Global Power Generation Technologies Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Power Generation Technologies Market Size (2019-2030)
6.2 North America Power Generation Technologies Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Power Generation Technologies Market Size by Country (2019-2024)
6.4 North America Power Generation Technologies Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Power Generation Technologies Market Size (2019-2030)
7.2 Europe Power Generation Technologies Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Power Generation Technologies Market Size by Country (2019-2024)
7.4 Europe Power Generation Technologies Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Power Generation Technologies Market Size (2019-2030)
8.2 Asia-Pacific Power Generation Technologies Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Power Generation Technologies Market Size by Region (2019-2024)
8.4 Asia-Pacific Power Generation Technologies Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Power Generation Technologies Market Size (2019-2030)
9.2 Latin America Power Generation Technologies Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Power Generation Technologies Market Size by Country (2019-2024)
9.4 Latin America Power Generation Technologies Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Power Generation Technologies Market Size (2019-2030)
10.2 Middle East & Africa Power Generation Technologies Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Power Generation Technologies Market Size by Country (2019-2024)
10.4 Middle East & Africa Power Generation Technologies Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Siemens AG
11.1.1 Siemens AG Company Detail
11.1.2 Siemens AG Business Overview
11.1.3 Siemens AG Power Generation Technologies Introduction
11.1.4 Siemens AG Revenue in Power Generation Technologies Business (2019-2024)
11.1.5 Siemens AG Recent Development
11.2 Mitsubishi Heavy Industries, Ltd
11.2.1 Mitsubishi Heavy Industries, Ltd Company Detail
11.2.2 Mitsubishi Heavy Industries, Ltd Business Overview
11.2.3 Mitsubishi Heavy Industries, Ltd Power Generation Technologies Introduction
11.2.4 Mitsubishi Heavy Industries, Ltd Revenue in Power Generation Technologies Business (2019-2024)
11.2.5 Mitsubishi Heavy Industries, Ltd Recent Development
11.3 Alstom S.A.
11.3.1 Alstom S.A. Company Detail
11.3.2 Alstom S.A. Business Overview
11.3.3 Alstom S.A. Power Generation Technologies Introduction
11.3.4 Alstom S.A. Revenue in Power Generation Technologies Business (2019-2024)
11.3.5 Alstom S.A. Recent Development
11.4 Ansaldo Energia S.p.A
11.4.1 Ansaldo Energia S.p.A Company Detail
11.4.2 Ansaldo Energia S.p.A Business Overview
11.4.3 Ansaldo Energia S.p.A Power Generation Technologies Introduction
11.4.4 Ansaldo Energia S.p.A Revenue in Power Generation Technologies Business (2019-2024)
11.4.5 Ansaldo Energia S.p.A Recent Development
11.5 Caterpillar, Inc.
11.5.1 Caterpillar, Inc. Company Detail
11.5.2 Caterpillar, Inc. Business Overview
11.5.3 Caterpillar, Inc. Power Generation Technologies Introduction
11.5.4 Caterpillar, Inc. Revenue in Power Generation Technologies Business (2019-2024)
11.5.5 Caterpillar, Inc. Recent Development
11.6 Cummins, Inc.
11.6.1 Cummins, Inc. Company Detail
11.6.2 Cummins, Inc. Business Overview
11.6.3 Cummins, Inc. Power Generation Technologies Introduction
11.6.4 Cummins, Inc. Revenue in Power Generation Technologies Business (2019-2024)
11.6.5 Cummins, Inc. Recent Development
11.7 Yanmar Co., Ltd.
11.7.1 Yanmar Co., Ltd. Company Detail
11.7.2 Yanmar Co., Ltd. Business Overview
11.7.3 Yanmar Co., Ltd. Power Generation Technologies Introduction
11.7.4 Yanmar Co., Ltd. Revenue in Power Generation Technologies Business (2019-2024)
11.7.5 Yanmar Co., Ltd. Recent Development
11.8 General Electric Company
11.8.1 General Electric Company Company Detail
11.8.2 General Electric Company Business Overview
11.8.3 General Electric Company Power Generation Technologies Introduction
11.8.4 General Electric Company Revenue in Power Generation Technologies Business (2019-2024)
11.8.5 General Electric Company Recent Development
11.9 Mitsubishi Hitachi Power Systems
11.9.1 Mitsubishi Hitachi Power Systems Company Detail
11.9.2 Mitsubishi Hitachi Power Systems Business Overview
11.9.3 Mitsubishi Hitachi Power Systems Power Generation Technologies Introduction
11.9.4 Mitsubishi Hitachi Power Systems Revenue in Power Generation Technologies Business (2019-2024)
11.9.5 Mitsubishi Hitachi Power Systems Recent Development
11.10 Shanghai Electric Group Co., Ltd
11.10.1 Shanghai Electric Group Co., Ltd Company Detail
11.10.2 Shanghai Electric Group Co., Ltd Business Overview
11.10.3 Shanghai Electric Group Co., Ltd Power Generation Technologies Introduction
11.10.4 Shanghai Electric Group Co., Ltd Revenue in Power Generation Technologies Business (2019-2024)
11.10.5 Shanghai Electric Group Co., Ltd Recent Development
11.11 Dongfang Electric Corporation Ltd
11.11.1 Dongfang Electric Corporation Ltd Company Detail
11.11.2 Dongfang Electric Corporation Ltd Business Overview
11.11.3 Dongfang Electric Corporation Ltd Power Generation Technologies Introduction
11.11.4 Dongfang Electric Corporation Ltd Revenue in Power Generation Technologies Business (2019-2024)
11.11.5 Dongfang Electric Corporation Ltd Recent Development
11.12 Harbin Electric International Company
11.12.1 Harbin Electric International Company Company Detail
11.12.2 Harbin Electric International Company Business Overview
11.12.3 Harbin Electric International Company Power Generation Technologies Introduction
11.12.4 Harbin Electric International Company Revenue in Power Generation Technologies Business (2019-2024)
11.12.5 Harbin Electric International Company Recent Development
11.13 Abengoa Solar
11.13.1 Abengoa Solar Company Detail
11.13.2 Abengoa Solar Business Overview
11.13.3 Abengoa Solar Power Generation Technologies Introduction
11.13.4 Abengoa Solar Revenue in Power Generation Technologies Business (2019-2024)
11.13.5 Abengoa Solar Recent Development
11.14 Capstone Turbine Corporation
11.14.1 Capstone Turbine Corporation Company Detail
11.14.2 Capstone Turbine Corporation Business Overview
11.14.3 Capstone Turbine Corporation Power Generation Technologies Introduction
11.14.4 Capstone Turbine Corporation Revenue in Power Generation Technologies Business (2019-2024)
11.14.5 Capstone Turbine Corporation Recent Development
11.15 Northern Power Systems
11.15.1 Northern Power Systems Company Detail
11.15.2 Northern Power Systems Business Overview
11.15.3 Northern Power Systems Power Generation Technologies Introduction
11.15.4 Northern Power Systems Revenue in Power Generation Technologies Business (2019-2024)
11.15.5 Northern Power Systems Recent Development
11.16 Wind Energy Solutions
11.16.1 Wind Energy Solutions Company Detail
11.16.2 Wind Energy Solutions Business Overview
11.16.3 Wind Energy Solutions Power Generation Technologies Introduction
11.16.4 Wind Energy Solutions Revenue in Power Generation Technologies Business (2019-2024)
11.16.5 Wind Energy Solutions Recent Development
11.17 BDR Thermea Group
11.17.1 BDR Thermea Group Company Detail
11.17.2 BDR Thermea Group Business Overview
11.17.3 BDR Thermea Group Power Generation Technologies Introduction
11.17.4 BDR Thermea Group Revenue in Power Generation Technologies Business (2019-2024)
11.17.5 BDR Thermea Group Recent Development
11.18 Viessmann Group
11.18.1 Viessmann Group Company Detail
11.18.2 Viessmann Group Business Overview
11.18.3 Viessmann Group Power Generation Technologies Introduction
11.18.4 Viessmann Group Revenue in Power Generation Technologies Business (2019-2024)
11.18.5 Viessmann Group Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
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
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*If Applicable.