|08-10-2017 01:41 PM CET - Advertising, Media Consulting, Marketing Research||
Micro Combined Heat & Power Market is gaining attention due to favorable government policies – may grow at CAGR of 15% to reach USD 7 Billion by 2023
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
A new research document with title 'Micro Combined Heat & Power - Global Market Outlook (2017-2023)’covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like United States, Europe, China, Japan, India and South East Asia and important players/vendors such as Vaillant Group, Solid Power, Qnergy, Yanmar Holdings Co. Ltd. etc. The report will help user gain market insights, future trends and growth prospects for forecast to 2023.
According to Research , the Global Micro Combined Heat & Power Market is accounted for $2.61 billion in 2016 and is expected to reach $7.10 billion by 2023 growing at a CAGR of 15.3% during the forecast period. Factors such as reduction in carbon footprint and favourable government policies are fueling the market growth. However, huge cost and infrastructural hurdles are hampering the market growth. Low cost of natural gas across the globe is a major challenge in the market.
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By type, Fuel Cell-Based segment dominated the global market with largest share owing to the focus on renewable power generation and reduction in carbon emissions. By geography, Asia-Pacific is anticipated to account for the largest market share owing to the rapid technological advancements in micro CHP Systems in Japan which comprises to half of the global market share.
Some of the key players in Micro Combined Heat & Power market include
Whisper Tech Limited
Ceres Power Holdings PLC
Ener-G Cogen International
BDR Thermea Group
Yanmar Holdings Co. Ltd.
Aisin Group and Topsoe Fuel Cell
• Fuel Cell-Based
• Proton Exchange Membrane Fuel Cell (PEMFC)
• Stirling Engine
• Internal Combustion Engine
• Solid Oxide Fuel Cell (SOFC)
• Rankine Cycle Engine
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• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of APAC
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
3 Market Trend Analysis
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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+1 (206) 317 1218
This release was published on openPR.
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