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CCS in Power Generation Market Insights, Emerging Trends, Growth and Forecasts, 2016-2020

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Technavio Announces the Publication of its Research Report Global Carbon Capture and Storage (CCS) in Power Generation Market 2016-2020
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Global CCS in Power Generation Market Size, Share, Costs
and Price, Global Insights, Trends, Growth, Analysis and
Forecasts, 2016-2020
Summary
Technavio Announces the Publication of its Research Report – Global Carbon Capture and Storage (CCS)
in Power Generation Market 2016-2020
Technavio recognizes the following companies as the key players in the global CCS in power generation
market: GE Energy, GDF Suez, Linde Group, Babcock and Wilcox, and Mitsubishi Heavy Industries.
Other Prominent Vendors in the market are: Hitachi, Sulzer, Siemens, Amec Foster Wheeler, and Air
Products.
Commenting on the report, an analyst from Technavio’ s team said: “A trend which will boost market
growth is the shift in focus toward developing nations. The CCS projects have created a significant buzz
in the developed economies' market, where the power generation sector has reached its maturity, and
the reduction of the carbon emissions is at the center of all attention. These economies have matured
technologies and have sorted the demands from energy sector demands out, which coupled with
significant investments, have made it possible for them to shift to the low carbon technologies.”
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According to the report, a key growth driver is booming investments and advances in technology. For
next-generation capture technologies, investments in R&D have increased over the years. Besides, there
are government initiatives promoting carbon capture and storage technology, which also contribute to
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the growth of the market. Both private and public sectors are investing heavily in testing and
commercializing low-carbon technology to reduce carbon costs and protect the environment.
Further, the report states that one challenge that could restrict market growth is the risk associated with
carbon capture and storage.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About the Carbon Capture and Storage (CCS) in Power Generation Market
Carbon capture and storage or storage (CCS) is one of the novel ideas that promises to aid this aspect by
reducing the amount of carbon dioxide, which is released into the atmosphere during the operation of
fossil fuel dependent industries such as power generation and oil and gas processing. The basic
functioning of the CCS technology is based upon the capturing of the emitted carbon dioxide before its
release into the atmosphere and then transporting and storing this carbon dioxide at an
environmentally safe location. There are three steps in the CCS process:
• Carbon capture
• Transportation
• Sequestration or storage
Technavio’ s analysts forecast the global CCS in power generation market to grow at a CAGR of 56.21%
during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global CCS in power generation
market for 2016-2020.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Carbon Capture and Storage (CCS) in Power Generation Market 2016-2020,
has been prepared based on an in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
Key vendors
• GE Energy
• GDF Suez
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• Linde Group
• Babcock and Wilcox
• Mitsubishi Heavy Industries
Other prominent vendors
• Hitachi
• Sulzer
• Siemens
• Amec Foster Wheeler
• Air Products
Market driver
• Booming investments and advances in technology
• For a full, detailed list, view our report
Market challenge
• Risks associated with carbon capture and storage
• For a full, detailed list, view our report
Market trend
• Shift in focus toward developing nations
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
Request A Sample copy of This Report @
https://marketreportscenter.com/request-sample/316936
Table of Content
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
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• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Technological overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by application
• Segmentation of CCS in power generation by capture technology
• Segmentation of CCS in power generation by transportation technology
• Segmentation of CCS in power generation by application
PART 07: Geographical segmentation
• Global CCS in power generation market 2016-2020 segmentation by geography
• APAC
• Americas
• EMEA
PART 08: Key leading countries
PART 09: Market drivers
• Over-dependence on fossil fuels and abundant supplies
• Growing demand for reuse of carbon dioxide
• Booming investments and advances in technology
• Stricter environmental requirements
PART 10: Market challenges
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