Market Opportunities: Global Fuel Cell Market for CHP Applications 2016-2020 - ACAL Energy, Bloom Energy, FuelCell Energy, Viessmann

A CHP system involves the simultaneous production of electricity and usable heat from a power plant or heat engine in a single, highly efficient process. It captures the energy produced during power generation and puts it to use for commercial and residential heat production. CHP technology is both cost-effective and environment-friendly. A commercial facility can use CHP to provide both heat and power through a single energy-efficient step, instead of purchasing electricity from utilities and separately producing thermal energy from onsite furnaces. CHP technology helps in preventing power losses during transmission and distribution of electricity through national grids or local distribution networks.

The global fuel cell market for CHP applications to grow at a CAGR of 24.96% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global fuel cell market for CHP applications for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of the FC-CHP products in the market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Fuel Cell Market for CHP Applications 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ACAL Energy
- Bloom Energy
- FuelCell Energy
- Viessmann

Other prominent vendors
- Aisin Seiki
- Baxi (BDR Thermea)
- Ceres Power
- Doosan Fuel Cell
- Elcore
- ENEOS Celltech (JX Nippon Oil & Energy)
- EnerFuel
- Haldor Topse
- HEXIS
- Kyocera
- Panasonic
- SOLIDpower
- Toshiba
- Vaillant

Market driver
- Increasing demand for efficient and cleaner technologies.
- For a full, detailed list, view our report

Market challenge
- Uncertainties associated with low crude oil prices.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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