openPR Logo
Press release

Combined Heat and Power Installation Market - Industry Analysis, Forecast 2024

04-14-2017 06:31 PM CET | Energy & Environment

Press release from: Transpafncy Market Research-Energy & Mining

Combined Heat and Power Installation Market - Industry

Global Combined Heat and Power Installation Market: Snapshot

Cogeneration commonly referred to as combined heat and power (CHP) involves on-site electricity generation along with the capture of useful heat in a power station or a heat engine setup. With increasing energy efficiency of power generation plants and a significant reduction in emissions, energy and power companies are heading towards cogeneration.

Browse Market Research Report @

The rising consumption of fuel obtained from wood, biomass, and waste heat in combustion turbine units and steam boiler units for electricity generation is boosting the growth of combined heat and power installation market.

CHP systems operate on renewable as well as non-renewable fuels such as coal, wood, natural gas, oil, biomass, and waste heat. CHP systems deliver 77% to 90% efficiency as compared to only 46% efficiency delivered by conventional systems. However, CHP systems are best suited for cold climates where energy rates are high along with continuous demand for heat. Nevertheless, diverse functionalities of CHP systems are leading to their increased installation in cold as well as hot countries.

Worldwide, CHP systems sales are riding high on strong existing CHP infrastructure. Furthermore, rising energy prices and stringent regulations in place to curb carbon emissions is expected to favor the proliferation of CHP systems across the world. In particular, emerging economies of Asia Pacific have been displaying high demand for energy-efficient solutions to minimize energy wastage during production and distribution. Developing countries therefore exhibit lucrative opportunities for vendors operating in the market.

However, the growth of the market is expected to be hit by the inclination of large companies for forward integration in place of CHP in response to stringent regulations for energy saving. Moreover, high initial setup cost for CHP systems is also restricting their use for small-scale electricity generation operations. Nevertheless, the market for CHP installation is expected to be benefitted by increasing energy needs for residential and commercial purposes.

The global combined heat and power installation market is expected to be worth US$812.80 bn by 2024 increasing from US$524.89 bn in 2014 at a CAGR of 4.38% from 2014 to 2024.

Asia Pacific to Emerge as Strong Market for CHP Systems

Europe is currently the leading regional market for combined heat and power installation with the region accounting for 67.96% share in the overall market in 2014. The abundance of natural gas sources has contributed to the increased installation of CHP systems in the region. Countries such as Belgium, Russia, Poland, Germany, Italy, and Netherlands are major contributors to the Europe CHP installation market.

Fill the form for an exclusive sample of this report @

The top players in the market are also looking into untapped opportunities in Asia Pacific. In particular, Japan displays a substantial demand for small-scale CHPs keeping up with energy saving norms. This, combined with the rising installation of these systems across a host of industries has been benefitting the Asia Pacific market.

Demand for Large-scale CHPs to Remain Strong

The global market for CHP installation can be broadly divided into large-scale CHPs and micro-and small scale CHPs in terms of type. Large-scale CHPs is the leading segment with the segment accounting for 85.69% of the overall market in 2014. However, the segment is expected to lose a substantial portion of its market share to micro and small-scale CHPs over the coming years. Nevertheless, with increasing energy saving needs in emerging economies such as India and China, the uptake of large-scale CHPs is on the rise.

Some of the leading companies in the global combined heat and power installation market include 2G Energy AG, Edina Ltd., ENER-G Holdings Plc, Siemens AG, Wärtsilä Corporation, and Clarke Energy Ltd. among others.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Combined Heat and Power Installation Market - Industry Analysis, Forecast 2024 here

News-ID: 503172 • Views: 632

More Releases from Transpafncy Market Research-Energy & Mining

Water Infrastructure Repair Technologies Market : Regulations and Competitive La …
Water Infrastructure Repair Technologies Market: Overview The world’s water infrastructure is aging and it is in constant need of repair and renovation. This brings companies offering water infrastructure repair technologies into the picture. Utilities grappling with the massive costs of maintaining expansive water networks are constantly seeking technologies that can optimize their pipe networks. Moreover, shrinking freshwater reserves have led to a greater need for better monitoring and repair technologies. These
Commercial Aircraft Leasing Market - Increasing Interest and Leasing Rates Parti …
Commercial aircraft leasing refers to the leasing of aircraft operators to increase the capacity and operate the aircraft without bearing the financial burden of buying the aircraft. There are two types of commercial aircraft leasing; short term leasing which is also known as wet leasing and long term leasing which is also known as dry leasing. The aerospace industry either uses short-term leasing or long-term leasing or a combination of
Data Center Services Market - Emerging Advances Such as Virtualization and Cloud …
The global data center services market is foreseen to attract growth at a towering CAGR during the forecast period under discussion. This could forward extended support and services for companies investing in colocation and promote fruitful changes within the sector. The growing requirement of large computing facilities and surging demand for capacity management are envisaged to bring in a host of opportunities for data center services. Data center providers offering
Virtual Pipeline System Market : Key Growth Factors and Industry Analysis 2024
Demand for oil and natural gas is rising at a rapid pace due to the increase in consumption of energy. Transportation of these hazardous material is a big industry in itself. Pipelines is the commonly used method of transportation of these energy sources. Pipelines are capital intensive transportation infrastructure; however, their operational expenditure and ability to transport large volumes to large distances make them a feasible choice for transportation. Companies

All 5 Releases

More Releases for CHP

Micro Chp Market Size & Growth Analysis Report, 2019-2025
The Global Micro Chp Market size is expected to grow at an annual average of 13.3% during 2019-2025. Carbon emission technology is a major factor driving the market. Micro CHP technology helps reduce electricity costs and is also ideal for boiler replacement. The following players are covered in this report: By Type Engine-based Fuel Cell-based By Technology Internal Combustion Engine Rankine Cycle Engine Stirling Engine PEMFC (Proton Exchange Membrane Fuel Cell) SOFC (Solid Oxide Fuel Cell) By Application Residential Commercial A full report of
CHP (Combined heat and power) Installation Market Report, 2027
Key Highlights Combined heat and power (CHP) installation capacities have increased on the back of the growing inclination of governments in numerous countries to increase the share of CHP in modern energy generation. The drive for CHP, also called cogeneration, installation stems from the urge to meet the burgeoning needs of electricity. Advances in CHP configurations have reduced the cost and complexity of their deployment in manufacturing facilities, especially in developed nations,
Global Micro CHP Market Research and Forecast, 2018-2023
Global Micro CHP Market Industry Analysis, Market Size, Market Player, Opportunities and Forecast- 2018-2023 | Manufacturer- Aegis Energy Services, LLC, General Electric Co., and Honda Motor Co., Ltd. According to OMR analysis, the global micro CHP (combined heat and power) market is estimated to expand at a significant CAGR during the forecast period (2018-2023). Factors motivating the growth of this market is increasing government support & initiative for generation of renewable
Micro CHP Market Share, Supply, Analysis and Forecast to 2023
Global Micro CHP Industry New Study On “2019-2023 Micro CHP Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database Micro combined heat and power (micro-CHP) is a combined technology which generates heat and electricity by using the fuel cell or through an internal combustion engine. The produced energy supports in providing power in individual homes, complexes and buildings. Heat is the main output of a
Combined Heat and Power (CHP) Installation Market| combined heat and power, chp …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “CHP installation market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. This research study analyzes the market for CHP installation in terms of revenue (US$
Combined Heat and Power (CHP) Installation Market Analysis : TMR
The competition in the global market for combined heat and power installation is likely to intensify owing to the presence of numerous established players, states Transparency Market Research (TMR) in a research report. These leading companies provide a range of different services and products pertaining to combined power and heat installation. A combined heat and power system mainly comprises components such as compressors, valves, engines, generators, filters, and turbines. Many