Combined Heat & Power Market Size By Fuel (Nuclear, Diesel, Coal, Natural Gas, Biogas/Biomass), By Prime Mover (Reciprocating Engine, Fuel Cell, Microturbine, Gas Turbine, Steam Turbine), By Capacity (150 MW to 300 MW, Above 300 MW, Up to 10 MW, 10 MW to 150 MW), By End-User (On-site Commercial, Residential, Utilities, District Heating and Cooling, On-site Industrial), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The global Combined Heat & Power market is expected to grow upto US$ 36.50 Million by 2027, at CAGR of about 5.83% during the forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
5.83%
REPORT DESCRIPTION
The global Combined Heat & Power market is expected to grow upto US$ 36.50 Million by 2027, at CAGR of about 5.83% during the forecast period.
Combined heat and power plants generate electricity and capture useful thermal energy in a combined system. The energy formed is used for space heating & cooling across commercial and residential infrastructure along side district energy systems and other industrial processes. Ongoing demand for captive power generation joined with customer inclination toward sustainable energy will augment the industry development. Increasing concerns towards GHG emissions in line with improved reliability, safety and efficiency across cogeneration systems will further strengthen the product adoption. Furthermore, rapid investments toward renewable technologies to curb carbon productions will drive the industry outlook.
The global Combined Heat & Power market is segregated on the basis of Fuel as Nuclear, Diesel, Coal, Natural Gas, Biogas/Biomass, and Others. Based on Prime Mover the global Combined Heat & Power market is segmented in Reciprocating Engine, Fuel Cell, Microturbine, Gas Turbine, and Steam Turbine. Based on Capacity the global Combined Heat & Power market is segmented in 150 MW to 300 MW, Above 300 MW, Up to 10 MW, and 10 MW to 150 MW.
Based on End-User, the global Combined Heat & Power market is segmented in On-site Commercial, Residential, Utilities, District Heating and Cooling, and On-site Industrial.
The global Combined Heat & Power market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Combined Heat & Power market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Man Diesel & Turbo, Mitsubishi Hitachi Power Systems, Clarke Energy, Caterpillar Energy Solutions, AB Holding, Capstone, Fuelcell Energy, 2G Energy, Wärtsilä, Veolia, and others are among the major players in the global Combined Heat & Power market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Combined Heat & Power Market has been segmented as below:
Combined Heat & Power Market, By Fuel
Combined Heat & Power Market, By Prime Mover
Combined Heat & Power Market, By Capacity
Combined Heat & Power Market, By End-User
Combined Heat & Power Market, By Region
Combined Heat & Power Market, By Company
The report covers:
Report Scope:
The global Combined Heat & Power market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Combined Heat & Power market share. Major industry players with significant revenue share include Man Diesel & Turbo, Mitsubishi Hitachi Power Systems, Clarke Energy, Caterpillar Energy Solutions, AB Holding, Capstone, Fuelcell Energy, 2G Energy, Wärtsilä, Veolia, and others.
Reasons to Buy this Report:
Some of the recent developments in Combined Heat & Power Market are as follows:
FuelCell Energy
AB Holding
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Combined Heat & Power Market, By Fuel
5.1 Introduction
5.2 Nuclear
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Diesel
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Coal
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Natural Gas
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Biogas/Biomass
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Others
5.7.1 Market Overview
5.7.2 Market Size and Forecast
6. Combined Heat & Power Market, By Prime Mover
6.1 Introduction
6.2 Reciprocating Engine
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Fuel Cell
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Microturbine
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Gas Turbine
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Steam Turbine
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Combined Heat & Power Market, By Capacity
7.1 Introduction
7.2 150 MW to 300 MW
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Above 300 MW
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Up to 10 MW
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 10 MW to 150 MW
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8. Combined Heat & Power Market, By End-User
8.1 Introduction
8.2 On-site Commercial
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Residential
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Utilities, District Heating and Cooling
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 On-site Industrial
8.5.1 Market Overview
8.5.2 Market Size and Forecast
9. Combined Heat & Power Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Combined Heat & Power, By Fuel
9.2.2 North America Combined Heat & Power, By Prime Mover
9.2.3 North America Combined Heat & Power, By Capacity
9.2.4 North America Combined Heat & Power, By End-User
9.3 Europe
9.3.1 Europe Combined Heat & Power, By Fuel
9.3.2 Europe Combined Heat & Power, By Prime Mover
9.3.3 Europe Combined Heat & Power, By Capacity
9.3.4 Europe Combined Heat & Power, By End-User
9.4 Asia-Pacific
9.4.1 Asia-Pacific Combined Heat & Power, By Fuel
9.4.2 Asia-Pacific Combined Heat & Power, By Prime Mover
9.4.3 Asia-Pacific Combined Heat & Power, By Capacity
9.4.4 Asia-Pacific Combined Heat & Power, By End-User
9.5 Rest of the World
9.5.1 Rest of the World Combined Heat & Power, By Fuel
9.5.2 Rest of the World Combined Heat & Power, By Prime Mover
9.5.3 Rest of the World Combined Heat & Power, By Capacity
9.5.4 Rest of the World Combined Heat & Power, By End-User
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Man Diesel & Turbo
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Mitsubishi Hitachi Power Systems
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Clarke Energy
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Caterpillar Energy Solutions
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 AB Holding
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 Capstone
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 Fuelcell Energy
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 2G Energy
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 Wärtsilä
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 Veolia
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
11.11 Siemens
11.11.1 Company Overview
11.11.2 Product/Service Landscape
11.11.3 Financial Overview
11.11.4 Recent Developments
11.12 GE
11.12.1 Company Overview
11.12.2 Product/Service Landscape
11.12.3 Financial Overview
11.12.4 Recent Developments
11.13 Yanmar
11.13.1 Company Overview
11.13.2 Product/Service Landscape
11.13.3 Financial Overview
11.13.4 Recent Developments
11.14 Caterpillar
11.14.1 Company Overview
11.14.2 Product/Service Landscape
11.14.3 Financial Overview
11.14.4 Recent Developments
The Combined Heat & Power Market has been segmented as below:
Combined Heat & Power Market, By Fuel
Combined Heat & Power Market, By Prime Mover
Combined Heat & Power Market, By Capacity
Combined Heat & Power Market, By End-User
Combined Heat & Power Market, By Region
Combined Heat & Power Market, By Company
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