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

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.

Summary
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
Honda Power
Vaillant Group
Viessmann Group
Ceres Power Holdings PLC
Solid Power
Ener-G Cogen International
Qnergy
BDR Thermea Group
Dantherm Power
Yanmar Holdings Co. Ltd.
Aisin Group and Topsoe Fuel Cell
Applications Covered:
• Commercial
• Residential

Types Covered:
• Fuel Cell-Based
• Engine-Based

Technologies Covered:
• Proton Exchange Membrane Fuel Cell (PEMFC)
• Stirling Engine
• Internal Combustion Engine
• Solid Oxide Fuel Cell (SOFC)
• Rankine Cycle Engine

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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of APAC
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

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 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities

....Continued

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