Combined Heat and Power Market Global Trend 2020, Gross Earning and Emerging Growth Opportunity 2028 | GE, Siemens, Veolia, Wartsila, Man Diesel & Turbo, Mitsubishi Hitachi Power Systems

The Combined Heat and Power Market report points out national and global business prospects and competitive conditions for the combined heat and power. Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for the combined heat and power.

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Ongoing demand for captive power generation coupled with customer inclination toward sustainable energy will augment the industry growth. Rising concerns towards GHG emissions in line with enhanced reliability, safety and efficiency across cogeneration systems will further strengthen the product adoption. Moreover, rapid investments toward renewable technologies to curb carbon emissions will drive the industry outlook.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

o GE
o Siemens
o Veolia
o Wartsila
o 2G Energy
o Man Diesel & Turbo
o Mitsubishi Hitachi Power Systems
o Clarke Energy
o Caterpillar Energy Solutions
o AB Holding
o Capstone
o FuelCell Energy

Factors such as the positive outlook for natural gas supply and price, increased energy efficiency, and environmental regulatory pressures on power plants and industrial boilers, amongst others, are expected to drive the number of installations of combined heat and power plants across the world. Although many efforts have been made over the years to remove technical and regulatory barriers, and to promote wider adoption of combined heat and power, factors, such as grid interconnection, significant initial capital investment, amongst various others, remain a significant challenge for the combined heat and power market.

Thermal power plants usually use only half of the heat to generate electricity and the excess heat is disposed of through cooling towers, flue gas and other means. Through cogeneration or CHP, the excess heat can be captured and used to generate electricity, potentially increasing the efficiency of the power plant.

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Regional Outlook:

The Combined Heat & Power market has been analyzed with respect to six regions, namely, North America, Europe, Asia Pacific, South America, the Middle East, and Africa. The market in Asia Pacific is expected to lead the CHP market, by region. The increase in natural gas in the energy mix and need for energy efficiency in countries such as China, South Korea and India is driving the market for Combined Heat & Power in the region. Rise in distributed power generation and emerging technologies such as fuel cell-based micro-CHP has opened new opportunities for growth in the region.

Market Segmentation:

By Capacity:
o >10 MW
o 10-150 MW,
o 151-300 MW
o >300 MW

By Prime Mover:
o Gas & Steam Turbine
o Reciprocating Engine
o Fuel Cell

By End-User:
o District Energy
o Residential
o On-Site Industrial
o Commercial

By Region:

North America
o North America, by Country
US
Canada
Mexico
o North America, by Capacity
o North America, by Prime Mover
o North America, by End-User

Western Europe
o Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
o Western Europe, by Capacity
o Western Europe, by Prime Mover
o Western Europe, by End-User

Asia Pacific
o Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
o Asia Pacific, by Capacity
o Asia Pacific, by Prime Mover
o Asia Pacific, by End-User

Eastern Europe
o Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
o Eastern Europe, by Capacity
o Eastern Europe, by Prime Mover
o Eastern Europe, by End-User

Middle East
o Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
o Middle East, by Capacity
o Middle East, by Prime Mover
o Middle East, by End-User

Rest of the World
o Rest of the World, by Country
South America
Africa
o Rest of the World, by Capacity
o Rest of the World, by Prime Mover
o Rest of the World, by End-User

Objectives of this report:

o To estimate the market size for the combined heat and power market on a regional and global basis.
o To identify major segments in the combined heat and power market and evaluate their market shares and demand.
o To provide a competitive scenario for the combined heat and power market with major developments observed by key companies in the historic years.
o To evaluate key factors governing the dynamics of the combined heat and power market with their potential gravity during the forecast period.

Reasons to Buy This Report:

o It provides niche insights for a decision about every possible segment helping in the strategic decision-making process.
o Market size estimation of the combined heat and power market on a regional and global basis.
o A unique research design for market size estimation and forecast.
o Identification of major companies operating in the market with related developments
o Exhaustive scope to cover all the possible segments helping every stakeholder in the combined heat and power market.

Customization:

This study is customized to meet your specific requirements:

o By Segment
o By Sub-segment
o By Region/Country
o Product Specific Competitive Analysis

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This release was published on openPR.