Combined Heat & Power Market Size, Share, Analysis Report

Combined Heat & Power Market Size By Fuel (Nuclear, Diesel, Coal, Natural Gas, Biogas/Biomass), By Prime Mover (Reciprocating Engine, Fuel Cell, Microturbine, Gas Turbine, Steam Turbine), By Capacity (150 MW to 300 MW, Above 300 MW, Up to 10 MW, 10 MW to 150 MW), By End-User (On-site Commercial, Residential, Utilities, District Heating and Cooling, On-site Industrial), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global Combined Heat & Power market is expected to grow upto US$ 36.50 Million by 2027, at CAGR of about 5.83% during the forecast period.

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MARKET SNAPSHOT

Major Players

  • Man Diesel & Turbo
  • Mitsubishi Hitachi Power Systems
  • Clarke Energy
  • Caterpillar Energy Solutions
  • AB Holding
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    5.83%

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The global Combined Heat & Power market is expected to grow upto US$ 36.50 Million by 2027, at CAGR of about 5.83% during the forecast period.

    Combined heat and power plants generate electricity and capture useful thermal energy in a combined system. The energy formed is used for space heating & cooling across commercial and residential infrastructure along side district energy systems and other industrial processes. Ongoing demand for captive power generation joined with customer inclination toward sustainable energy will augment the industry development. Increasing concerns towards GHG emissions in line with improved reliability, safety and efficiency across cogeneration systems will further strengthen the product adoption. Furthermore, rapid investments toward renewable technologies to curb carbon productions will drive the industry outlook.

    The global Combined Heat & Power market is segregated on the basis of Fuel as Nuclear, Diesel, Coal, Natural Gas, Biogas/Biomass, and Others. Based on Prime Mover the global Combined Heat & Power market is segmented in Reciprocating Engine, Fuel Cell, Microturbine, Gas Turbine, and Steam Turbine. Based on Capacity the global Combined Heat & Power market is segmented in 150 MW to 300 MW, Above 300 MW, Up to 10 MW, and 10 MW to 150 MW.

    Based on End-User, the global Combined Heat & Power market is segmented in On-site Commercial, Residential, Utilities, District Heating and Cooling, and On-site Industrial.

    The global Combined Heat & Power market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Combined Heat & Power market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Man Diesel & Turbo, Mitsubishi Hitachi Power Systems, Clarke Energy, Caterpillar Energy Solutions, AB Holding, Capstone, Fuelcell Energy, 2G Energy, Wärtsilä, Veolia, and others are among the major players in the global Combined Heat & Power market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Combined Heat & Power Market has been segmented as below:

    Combined Heat & Power Market, By Fuel

    Combined Heat & Power Market, By Prime Mover

    • Reciprocating Engine
    • Fuel Cell
    • Microturbine
    • Gas Turbine
    • Steam Turbine

    Combined Heat & Power Market, By Capacity

    • 150 MW to 300 MW
    • Above 300 MW
    • Up to 10 MW
    • 10 MW to 150 MW

    Combined Heat & Power Market, By End-User

    • On-site Commercial
    • Residential
    • Utilities, District Heating and Cooling
    • On-site Industrial

    Combined Heat & Power Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Combined Heat & Power Market, By Company

    • Man Diesel & Turbo
    • Mitsubishi Hitachi Power Systems
    • Clarke Energy
    • Caterpillar Energy Solutions
    • AB Holding
    • Capstone
    • Fuelcell Energy
    • 2G Energy
    • Wärtsilä
    • Veolia

    The report covers:

    • Global Combined Heat & Power market sizes from 2020 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2019 vs 2027, with actual data for 2019, estimates for 2020 and forecast from 2022 to 2027
    • Global Combined Heat & Power market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Combined Heat & Power market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Combined Heat & Power market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Combined Heat & Power market share. Major industry players with significant revenue share include Man Diesel & Turbo, Mitsubishi Hitachi Power Systems, Clarke Energy, Caterpillar Energy Solutions, AB Holding, Capstone, Fuelcell Energy, 2G Energy, Wärtsilä, Veolia, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Combined Heat & Power industry trends
    • Find complete analysis on the market status
    • Identify the Combined Heat & Power market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Some of the recent developments in Combined Heat & Power Market are as follows:

    FuelCell Energy

    • 09-2020: FuelCell Energy Inc is a global leader in fuel cell technology—with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to allow a world empowered by clean energy reported financial results and key business highlights for its third fiscal quarter ended July, 2020.
    • 09-2020: FuelCell Energy has Declares Third Quarter Results Conference Call on September, 2020 in Eastern Time.

    AB Holding

    • 07-2020: Energy-intensive companies have a cooling and electrical, high heating, demand which can be satisfied with a single low-emission source – natural gas – and produced efficiently, reliably and economically through cogeneration.
    • 07-2020: Energy-intensive companies have a high heating, cooling and electrical demand that can be fulfilled with a single low-emission source – natural gas – and produced efficiently, reliably and economically through cogeneration.

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
        
    5. Combined Heat & Power Market, By Fuel
        5.1 Introduction
        5.2 Nuclear
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Diesel
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Coal
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Natural Gas
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
        5.6 Biogas/Biomass
            5.6.1 Market Overview
            5.6.2 Market Size and Forecast
        5.7 Others
            5.7.1 Market Overview
            5.7.2 Market Size and Forecast
            
    6. Combined Heat & Power Market, By Prime Mover
        6.1 Introduction
        6.2 Reciprocating Engine
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Fuel Cell
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Microturbine
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 Gas Turbine
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast
        6.6 Steam Turbine
            6.6.1 Market Overview
            6.6.2 Market Size and Forecast
            
    7. Combined Heat & Power Market, By Capacity
        7.1 Introduction
        7.2 150 MW to 300 MW
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Above 300 MW
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Up to 10 MW
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 10 MW to 150 MW
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast
            
    8. Combined Heat & Power Market, By End-User
        8.1 Introduction
        8.2 On-site Commercial
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 Residential
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
        8.4 Utilities, District Heating and Cooling
            8.4.1 Market Overview
            8.4.2 Market Size and Forecast
        8.5 On-site Industrial
            8.5.1 Market Overview
            8.5.2 Market Size and Forecast
            
    9. Combined Heat & Power Market, By Geography
        9.1 Introduction
        9.2 North America
            9.2.1 North America Combined Heat & Power, By Fuel
            9.2.2 North America Combined Heat & Power, By Prime Mover
            9.2.3 North America Combined Heat & Power, By Capacity
            9.2.4 North America Combined Heat & Power, By End-User
        9.3 Europe
            9.3.1 Europe Combined Heat & Power, By Fuel
            9.3.2 Europe Combined Heat & Power, By Prime Mover
            9.3.3 Europe Combined Heat & Power, By Capacity
            9.3.4 Europe Combined Heat & Power, By End-User
        9.4 Asia-Pacific
            9.4.1 Asia-Pacific Combined Heat & Power, By Fuel
            9.4.2 Asia-Pacific Combined Heat & Power, By Prime Mover
            9.4.3 Asia-Pacific Combined Heat & Power, By Capacity
            9.4.4 Asia-Pacific Combined Heat & Power, By End-User
        9.5 Rest of the World
            9.5.1 Rest of the World Combined Heat & Power, By Fuel
            9.5.2 Rest of the World Combined Heat & Power, By Prime Mover
            9.5.3 Rest of the World Combined Heat & Power, By Capacity
            9.5.4 Rest of the World Combined Heat & Power, By End-User
            
    10. Competitive Insights
        10.1 Key Insights
        10.2 Company Market Share Analysis
        10.3 Strategic Outlook
            10.3.1 Mergers & Acquisitions
            10.3.2 New Product Development
            10.3.3 Portfolio/Production Capacity Expansions
            10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            10.3.5 Others
            
    11. Company Profiles
        11.1 Man Diesel & Turbo
            11.1.1 Company Overview
            11.1.2 Product/Service Landscape
            11.1.3 Financial Overview
            11.1.4 Recent Developments
        11.2 Mitsubishi Hitachi Power Systems
            11.2.1 Company Overview
            11.2.2 Product/Service Landscape
            11.2.3 Financial Overview
            11.2.4 Recent Developments
        11.3 Clarke Energy
            11.3.1 Company Overview
            11.3.2 Product/Service Landscape
            11.3.3 Financial Overview
            11.3.4 Recent Developments
        11.4 Caterpillar Energy Solutions
            11.4.1 Company Overview
            11.4.2 Product/Service Landscape
            11.4.3 Financial Overview
            11.4.4 Recent Developments
        11.5 AB Holding
            11.5.1 Company Overview
            11.5.2 Product/Service Landscape
            11.5.3 Financial Overview
            11.5.4 Recent Developments
        11.6 Capstone
            11.6.1 Company Overview
            11.6.2 Product/Service Landscape
            11.6.3 Financial Overview
            11.6.4 Recent Developments
        11.7 Fuelcell Energy
            11.7.1 Company Overview
            11.7.2 Product/Service Landscape
            11.7.3 Financial Overview
            11.7.4 Recent Developments
        11.8 2G Energy
            11.8.1 Company Overview
            11.8.2 Product/Service Landscape
            11.8.3 Financial Overview
            11.8.4 Recent Developments
        11.9 Wärtsilä
            11.9.1 Company Overview
            11.9.2 Product/Service Landscape
            11.9.3 Financial Overview
            11.9.4 Recent Developments
        11.10 Veolia
            11.10.1 Company Overview
            11.10.2 Product/Service Landscape
            11.10.3 Financial Overview
            11.10.4 Recent Developments
        11.11 Siemens
            11.11.1 Company Overview
            11.11.2 Product/Service Landscape
            11.11.3 Financial Overview
            11.11.4 Recent Developments
        11.12 GE
            11.12.1 Company Overview
            11.12.2 Product/Service Landscape
            11.12.3 Financial Overview
            11.12.4 Recent Developments
        11.13 Yanmar
            11.13.1 Company Overview
            11.13.2 Product/Service Landscape
            11.13.3 Financial Overview
            11.13.4 Recent Developments
        11.14 Caterpillar
            11.14.1 Company Overview
            11.14.2 Product/Service Landscape
            11.14.3 Financial Overview
            11.14.4 Recent Developments

    The Combined Heat & Power Market has been segmented as below:

    Combined Heat & Power Market, By Fuel

    • Nuclear
    • Diesel
    • Coal
    • Natural Gas
    • Biogas/Biomass
    • Others

    Combined Heat & Power Market, By Prime Mover

    • Reciprocating Engine
    • Fuel Cell
    • Microturbine
    • Gas Turbine
    • Steam Turbine

    Combined Heat & Power Market, By Capacity

    • 150 MW to 300 MW
    • Above 300 MW
    • Up to 10 MW
    • 10 MW to 150 MW

    Combined Heat & Power Market, By End-User

    • On-site Commercial
    • Residential
    • Utilities, District Heating and Cooling
    • On-site Industrial

    Combined Heat & Power Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Combined Heat & Power Market, By Company

    • Man Diesel & Turbo
    • Mitsubishi Hitachi Power Systems
    • Clarke Energy
    • Caterpillar Energy Solutions
    • AB Holding
    • Capstone
    • Fuelcell Energy
    • 2G Energy
    • Wärtsilä
    • Veolia

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    The market is expected to grow at a CAGR of 5.83% during the study period (2022-2027)
    The global Combined Heat & Power Market Expected to Exceed more than US$ 36.50 Million by 2027.
    The segment included in the Combined Heat & Power Market is Fuel, Prime Mover, Capacity, End User and Region.
    Some key players operating in the Combined Heat & Power Market include Man Diesel & Turbo, Mitsubishi Hitachi Power Systems, Clarke Energy, Caterpillar Energy Solutions, AB Holding, Capstone
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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