Combined Heat and Power Market is Expected to Grow at a CAGR of 6.94% from 2016 to 2023

Combined Heat and Power (CHP) Market Report By Fuel (Natural Gas, Coal, Biomass and Others), By Technology, (Combined Cycle, Steam Turbine, Gas Turbine and Others), By Type, By Application and By Regions - Global Forecast to 2023

Market Highlights
Combined heat and power plants are typically embedded close to the end user and helps to reduce transportation and distribution losses, improving the overall performance of the electricity transmission and distribution network. It also acts as energy multiplier, helping to cut carbon emissions, increase power reliability and save money. This technology is widely available, with further opportunities for development and enhancement. Furthermore, only suitable where there is a need for both electricity and hot water on site which acts as a barrier for the growth of the market. Presence of a large number of companies offering diverse products and services related to CHP installations is fueling competition in the global CHP installation market. Combined Heat and Power (CHP) Market is expected to grow over the CAGR of around 6.94% during the period 2017 to 2023

Key Players
The key players of global combined heat and power (CHP) market are
• MAN Diesel & Turbo SE (Germany),
• Caterpillar Inc.(U.S.),
• Mitsubishi heavy Industries ltd.(Japan),
• General Electric (U.S.),
• Cummins(U.S.),
• Bosch Thermotechnology Ltd.( U.K),
• ABB Limited(Switzerland ),
• ENER-G Rudox (U.S.),
• Veolia (France )
• others.

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Market Research Analysis
Cogeneration is appropriate where a facility has a continuous demand for heating or cooling as well as demand for electrical or mechanical power. It is generally installed on-site for large facilities, such as factories, institutions, commercial buildings, multi-unit residential buildings and district energy systems. Cogeneration (CHP) is a well-proven technology and recognized as a cleaner alternative to traditional centralized generation. Each cogeneration system is adapted to meet the needs of an individual building or facility and it is modified according to its location, size, and energy requirements of the site. CHP is not only limited for specific type of facility but also used in operations with sustained heating requirements. CHP process can be applied to both renewable and fossil fuels. The specific technologies employed, and the efficiencies they achieve will vary, but in every situation CHP offers the capability to make more efficient and effective use of valuable primary energy resources.

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Scope of the Report
This study provides an overview of the global combined heat and power (CHP) market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global combined heat and power (CHP) market by fuel, by technology, by type by end user and by region.
By Fuel
• Natural Gas
• Coal
• Biomass
• Others
By Technology
• Combined Cycle
• Steam Turbine
• Gas Turbine
• Others
By Type
• Large Scale
• Small Scale
By End User
• Residential
• Commercial
• Industrial
By Regions
• North America
• Asia Pacific
• Europe
Rest of the World

Table of Content

1 Executive Summary
2 Research Methodology
2.1 Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Combined Heat And Power Market, By Fuel

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Release ID: 252956