Combined Heat and Power (CHP) Installation Systems - Global Industry Analysis 2024
BDR Thermea Group B.V. held the largest share in the global CHP installation market in 2014, as per TMR analysis. Some of the most prominent enterprises operating in the market include 2G Energy AG, Siemens AG, Edina Ltd., Wärtsilä Corporation, ENER-G Holdings Plc (ENER-G), Clarke Energy Ltd., and others. The top eight companies hold 53% of the global combined heat and power installation market.
This 150 page report gives readers a comprehensive overview of the Combined Heat and Power Installation Market. Browse Market Research Report @
The demand for CHP systems mainly arises for industrial applications, followed by commercial and residential applications. As the industrial segment accounts for the largest share in the market, it holds lesser scope for growth compared to the residential and commercial application segments. As per TMR, the U.S., Japan, and Germany are at the fore of adopting CHP systems for commercial and residential applications.
Strong Existing CHP Networks Facilitate CHP Installations Globally
CHP systems sales worldwide are riding on the strong existing CHP network. Furthermore, the increasing awareness regarding the benefits of CHP systems will boost their installations across emerging economies of Asia Pacific. Since the last few years, these countries have been exhibiting high demand for energy-efficient technologies. Developing countries therefore offer attractive opportunities for the vendors operating in the market.
TMR forecasts the value chain of the global CHP installation market to remain highly complicated during the forecast period from 2014 to 2024. “The implementation of stringent emission control norms worldwide has compelled leading enterprises to adopt forward integration. Such strategies could have an adverse impact on the market’s growth trajectory,” said a TMR analyst. “Combined with this, the high cost incurred on installing CHP systems is also inhibiting the large-scale proliferation of CHP installations,” he added. Nevertheless, increasing scope in the residential and commercial sector is expected to boost the prospects for the market in the near future.
Large-scale CHPs to Lose Market Share to Micro & Small CHPs in the Forecast Period
By type, large-scale CHPs hold a dominant share of 85.69% in the global CHP installation market, followed by micro- and small scale CHPs in 2014. However, they are expected to lose a significant part of their market share to the latter in the near future. The rising usage of micro- and small-scale CHPs across residential and commercial sector will enable the segment to report the fastest CAGR during the forecast period. However, the increasing CHP installation in India and China will keep the demand for large-scale CHPs high in the forthcoming years.
Easy Availability of Natural Gas Boosts Prospects for CHP Installations in Europe
Regionally, Europe emerged as the largest market for CHP installations in 2014. The region accounted for a share of 67.96% in the overall market in 2014. The easy availability of natural gas in Russia, has significantly contributed to the increased demand for CHP installations in Europe. Other countries in Europe exhibiting increasing demand for CHP installations include Germany, Poland, Belgium, Italy, and the Netherlands.
Get accurate market forecast and analysis on the Combined Heat and Power Installation market. Request a sample to stay abreast on the key trends impacting this market@
Leading companies operating in the market are also looking to explore untapped opportunities in the Asia Pacific market.
Driven by the increased demand across emerging economies, the global combined heat and power installation market is poised to surge at 4.38% CAGR. TMR pegs the market’s valuation at US$524.89 bn in 2014. By the end of 2024, the market is expected to reach US$812.80 bn.
This review is based on the findings of a TMR report, titled “Combined Heat and Power (CHP) Installation Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 – 2024.”
The report segments the global combined heat and power installation market at:
CHP Installation Market: By CHP Type
Micro & Small-scale CHP
CHP Installation Market: By CHP Application
CHP Installation Market: By CHP Technology
Others (Microturbine, Fuel Cell, and Waste Heat Recovery)
CHP Installation Market: By Fuel
Others (Wood, Waste Heat, and Oil)
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends 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.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Visit Blog : https://cmeindustrytresearchreports.blogspot.in/
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 (CHP) Installation Systems - Global Industry Analysis 2024 here
News-ID: 634731 • Views: 341
More Releases from Transparency Market Research
Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The
More Releases for CHP
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$
Commercial Combined Heat and Power (CHP) Market 2017-2022| CHP market by technol …
Researchmoz added Most up-to-date research on "Commercial Combined Heat and Power (CHP): Global Markets to 2022" to its huge collection of research reports. The global market for commercial combined heat and power (CHP) systems should reach $26.1 billion by 2022 from $20.2 billion in 2017 at a compound annual growth rate (CAGR) of 5.2%, from 2017 to 2022. Report Includes An overview of the global commercial combined heat and
Global Combined Heat & Power (CHP) Installation Industry Research Report, Growth …
This report focuses on the global Combined Heat & Power (CHP) Installation status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Combined Heat & Power (CHP) Installation development in United States, Europe and China. Combined heat and power systems, also known as cogeneration, generate electricity and useful thermal energy in a single, integrated system. While the conventional method of producing usable heat and power
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