Combined Heat And Power (CHP) Market Size, Growth, Trends and Foresight to 2023

Market Highlights
Combined heat and power plants are typically embedded close to the end user and helps to reduce transportation and distribution losses, improving the overall performance of the electricity transmission and distribution network. It also acts as energy multiplier, helping to cut carbon emissions, increase power reliability and save money. This technology is widely available, with further opportunities for development and enhancement. Furthermore, only suitable where there is a need for both electricity and hot water on site which acts as a barrier for the growth of the market. Presence of a large number of companies offering diverse products and services related to CHP installations is fueling competition in the global CHP installation market.

Rising energy prices, an increasingly competitive marketplace, and environmental regulation of harmful pollutant emissions have driven commercial and industrial energy users to search out the most efficient and cleanest ways to use energy.

A typical CHP system consists of an electric generator, which can take the form of a gas turbine, steam turbine, or combustion engine. In addition to this electric generator, a waste heat exchanger is installed, which recovers the excess heat or exhaust gas from the electric generator to in turn generate steam or hot water

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Key Players
The key players of global combined heat and power (CHP) market are MAN Diesel & Turbo SE (Germany), Caterpillar Inc.(U.S.), Mitsubishi heavy Industries ltd.(Japan), General Electric (U.S.), Cummins(U.S.), Bosch Thermotechnology Ltd.( U.K),ABB Limited(Switzerland ), ENER-G Rudox (U.S.), Veolia (France )and others.

Market Research Analysis
Cogeneration is appropriate where a facility has a continuous demand for heating or cooling as well as demand for electrical or mechanical power. It is generally installed on-site for large facilities, such as factories, institutions, commercial buildings, multi-unit residential buildings and district energy systems. Cogeneration (CHP) is a well-proven technology and recognized as a cleaner alternative to traditional centralized generation. Each cogeneration system is adapted to meet the needs of an individual building or facility and it is modified according to its location, size, and energy requirements of the site. CHP is not only limited for specific type of facility but also used in operations with sustained heating requirements. CHP process can be applied to both renewable and fossil fuels. The specific technologies employed, and the efficiencies they achieve will vary, but in every situation CHP offers the capability to make more efficient and effective use of valuable primary energy resources.

Table of Content

1 Executive Summary
2 Research Methodology
2.1 Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis

4 Global Combined Heat And Power Market, By Fuel
4.1 Introduction
4.2 Natural Gas
4.3 Coal
4.4 Biomass
4.5 Others
5 Global Combined Heat And Power Market, By Technology
Continue……….

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