Press release
Combined Heat & Power Market Analysis By Technology
On the basis of technology, the combined heat & power market is segmented into gas turbine, micro turbine, spark ignition reciprocating engine, steam turbine and fuel cells. There is a great potential in the market of micro CHP units due to their easy operating features, which provides numerous benefits in residential and commercial areas.
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Combined Heat & Power Market Country scope
U.S., Canada, Mexico, U.K., Germany, France, Russia, Italy, Spain, Netherlands, Norway, China, Japan, India, South Korea, Taiwan, Singapore, Malaysia, Australia, Brazil, Argentina, Colombia, UAE, Saudi Arabia, Israel, and South Africa.
On the basis of products, the global combined heat power generation market is segmented into large scale and micro & small scale. The large scale CHP's are adopted by industries and medium & small CHP units are adopted by residential and commercial sectors.
Combined heat power technology market can be segmented on the basis of application into industrial and residential sector. The CHP units are mainly used in industries due to increasing need for power.
Global CHP market is segmented mainly into natural gas, coal, biomass and others. Others include wood, oil, waste products. Natural gas and coal are mostly used due to their cheaper rates as compared to other fuels.
Top players in this market are Acumentrics Corporation, Ceramic Fuel Cells Limited, Ceres power holding PLC, Climate energy LLC, Cogen Microsystems, ENE Farm, Hexis Ltd, Honda Motor Co. ltd. and Whisper tech. Top strategy adopted by the companies in this market is new product launch.
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BY TECHNOLOGY
Gas Turbine
Steam Turbine
Micro CHP
Fuel Cells
Spark Ignition Reciprocating Engine
BY PRODUCT
Large Scale
Medium and Small Scale
BY FUEL
Natural Gas
Coal
Biomass
others
BY APPLICATION
Industries
Residential
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Honda Motor Corporation. Ltd. and Vaillant have launched new micro combines heat power systems, which can be used in residential sector. One of the most attractive features of this CHP is that the system is environmentally friendly.
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