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Combined Heat & Power Market by Capacity (>10 MW, 10–150 MW, 151–300 MW, >300 MW), Prime Mover (Gas & Steam Turbine, Reciprocating Engine, Fuel Cell), End-User (District Energy, Residential, On-Site Industrial & Commercial) - Global Forecast to 2023

Combined Heat & Power Market by Capacity (>10 MW, 10–150 MW, 151–300 MW, >300 MW), Prime Mover (Gas & Steam Turbine, Reciprocating Engine, Fuel Cell), End-User (District Energy, Residential, On-Site Industrial & Commercial) - Global Forecast to 2023

“The CHP market is projected to grow at a CAGR of 5.48%, from 2018 to 2023.”
The CHP market is projected to reach USD 27.01 billion by 2023, at a CAGR of 5.48%, from 2018 to 2023. Increasing demand for energy efficiency in the industries and rising use of natural gas for power generation are the major drivers of the CHP market. High installation and maintenance cost can hinder the growth of the CHP market.

“The utilities, district heating & cooling subsegment of the end-user segment is expected to grow at the highest CAGR, from 2018 to 2023.”
The utilities, district heating & cooling of the end-user segment is expected to grow at the highest CAGR, during the forecast period, owing to the growing need for process steam in industries. Rise of natural gas fired power generation in North America and Asia Pacific is expected to offer a lucrative opportunity for the CHP market.

“Asia Pacific: The largest market for CHP in 2018”
The market in Asia Pacific is currently the largest for CHP systems followed by the European market. Rapid economic growth in China along with the transition from coal-based generation to gas-fired power generation is expected to drive the CHP market in the Asia Pacific region.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1: 35%, Tier 2: 45%, Tier 3: 20%
By Designation: C-Level: 55%, Manager-Level: 25%, and Others: 40%
By Region: North America: 45%, Asia Pacific: 27%, Europe: 20%, and Rest of the World: 8%

Note: Others includes sales managers, marketing managers, product managers, and product engineers,
The tier of the companies is defined on the basis of their total revenue as of 2016. Tier 1: USD 1 billion, Tier 2: From USD 1 billion to USD 500 million, and Tier 3: <USD 500 million.
The RoW includes Middles East, Africa, and South America.

The leading players in the CHP market include GE (US), Siemens (Germany), Veolia (France), 2G Energy (Germany), FuelCell Energy (US), Wartsila (Finland), Caterpillar Energy Solutions (Germany), MAN Diesel & Turbo (Germany), AB Holding (Italy), Capstone(US), Clarke Energy(UK), and MHPS (Japan).

Research Coverage:
The report defines, describes, and forecasts the global CHP market by type, application, gas, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the CHP market.

Why buy this report?
1. The report identifies and addresses key markets for CHP, which would help manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provide insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONAL SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • LIMITATIONS
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table CHP MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE CHP MARKET
    • CHP MARKET, BY COUNTRY
    • ASIA PACIFIC CHP MARKET, BY END-USER & COUNTRY
    • CHP MARKET, BY CAPACITY
    • CHP MARKET, BY PRIME MOVER
    • CHP MARKET, BY FUEL
    • CHP MARKET, BY END-USER
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • COMBINED HEAT & POWER (CHP) MARKET, BY CAPACITY
    • INTRODUCTION
      • Table CHP MARKET SIZE, BY CAPACITY, 2016–2023 (USD MILLION)
    • UP TO 10 MW
      • Table UP TO 10 MW: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • 10–150 MW
      • Table 10–150 MW: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • 151–300 MW
      • Table 151–300 MW: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • ABOVE 300 MW
      • Table RESIDENTIAL: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • COMBINED HEAT & POWER (CHP) MARKET, BY PRIME MOVER
    • INTRODUCTION
      • Table CHP MARKET SIZE, BY PRIME MOVER, 2016–2023 (USD MILLION)
    • GAS TURBINE
      • Table GAS TURBINE: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • STEAM TURBINE
      • Table STEAM TURBINE: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • RECIPROCATING ENGINE
      • Table RECIPROCATIONG ENGINE: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • FUEL CELL
      • Table FUEL CELL: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • MICROTURBINE
      • Table MICROTURBINE: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • COMBINED HEAT & POWER (CHP) MARKET, BY END-USER
    • INTRODUCTION
      • Table CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • UTILITIES, DISTRICT HEATING AND COOLING
      • Table UTILITIES, DISTRICT HEATING AND COOLING: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • ON-SITE INDUSTRIAL
      • Table ON-SITE INDUSTRIAL: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • Table ON-SITE INDUSTRIAL: CHP MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • ON-SITE COMMERCIAL
      • Table ON-SITE COMMERCIAL: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • Table ON-SITE COMMERCIAL: CHP MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • RESIDENTIAL
      • Table RESIDENTIAL: CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • COMBINED HEAT & POWER (CHP) MARKET, BY REGION
    • INTRODUCTION
      • Table CHP MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • ASIA PACIFIC
      • BY CAPACITY
        • Table ASIA PACIFIC: CHP MARKET SIZE, BY CAPACITY, 2016–2023 (USD MILLION)
      • BY PRIME MOVER
        • Table ASIA PACIFIC: CHP MARKET SIZE, BY PRIME MOVER, 2016–2023 (USD MILLION)
      • BY FUEL
        • Table ASIA PACIFIC: CHP MARKET SIZE, BY FUEL, 2016–2023 (USD MILLION)
        • Table ASIA PACIFIC: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: CHP MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table CHINA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table JAPAN: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table SOUTH KOREA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table INDIA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table AUSTRALIA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • EUROPE
      • BY CAPACITY
        • Table EUROPE: CHP MARKET SIZE, BY CAPACITY, 2016–2023 (USD MILLION)
      • BY PRIME MOVER
        • Table EUROPE: CHP MARKET SIZE, BY PRIME MOVER, 2016–2023 (USD MILLION)
      • BY FUEL
        • Table EUROPE: CHP MARKET SIZE, BY FUEL, 2016–2023 (USD MILLION)
        • Table EUROPE: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: CHP MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table GERMANY: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table UK: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table ITALY: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table FRANCE: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table RUSSIA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF EUROPE: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • BY CAPACITY
        • Table NORTH AMERICA: CHP MARKET SIZE, BY CAPACITY, 2016–2023 (USD MILLION)
      • BY PRIME MOVER
        • Table NORTH AMERICA: CHP MARKET SIZE, BY PRIME MOVER, 2016–2023 (USD MILLION)
      • BY FUEL
        • Table NORTH AMERICA: CHP MARKET SIZE, BY FUEL, 2016–2023 (USD MILLION)
        • Table NORTH AMERICA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: CHP MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table US: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table CANADA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table MEXICO: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • MIDDLE EAST
      • BY CAPACITY
        • Table MIDDLE EAST: CHP MARKET SIZE, BY CAPACITY, 2016–2023 (USD MILLION)
      • BY PRIME MOVER
        • Table MIDDLE EAST: CHP MARKET SIZE, BY PRIME MOVER, 2016–2023 (USD MILLION)
      • BY FUEL
        • Table MIDDLE EAST: CHP MARKET SIZE, BY FUEL, 2016–2023 (USD MILLION)
        • Table MIDDLE EAST: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST: CHP MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table SAUDI ARABIA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table UAE: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table TURKEY: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF MIDDLE EAST: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • SOUTH AMERICA
      • BY CAPACITY
        • Table SOUTH AMERICA: CHP MARKET SIZE, BY CAPACITY, 2016–2023 (USD MILLION)
      • BY PRIME MOVER
        • Table SOUTH AMERICA: CHP MARKET SIZE, BY PRIME MOVER, 2016–2023 (USD MILLION)
      • BY FUEL
        • Table SOUTH AMERICA: CHP MARKET SIZE, BY FUEL, 2016–2023 (USD MILLION)
        • Table SOUTH AMERICA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: CHP MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table BRAZIL: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table ARGENTINA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
    • AFRICA
      • BY CAPACITY
        • Table AFRICA: CHP MARKET SIZE, BY CAPACITY, 2016–2023 (USD MILLION)
      • BY PRIME MOVER
        • Table AFRICA: CHP MARKET SIZE, BY PRIME MOVER, 2016–2023 (USD MILLION)
      • BY FUEL
        • Table AFRICA: CHP MARKET SIZE, BY FUEL, 2016–2023 (USD MILLION)
        • Table AFRICA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
      • BY COUNTRY
        • Table AFRICA: CHP MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
        • Table SOUTH AFRICA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table NIGERIA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table ALGERIA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
        • Table REST OF AFRICA: CHP MARKET SIZE, BY END-USER, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING OF PLAYERS & INDUSTRY CONCENTRATION, 2017
    • COMPETITIVE SCENARIO
      • Table GE, THE MOST ACTIVE PLAYER IN THE MARKET, 2015–2018
      • CONTRACTS & AGREEMENTS
      • EXPANSION
      • NEW PRODUCT LAUNCHE
      • PARTNERSHIP
  • COMPANY PROFILES
    • GE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VEOLIA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • WÄRTSILÄ
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • 2G ENERGY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MAN DIESEL & TURBO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • MITSUBISHI HITACHI POWER SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • CLARKE ENERGY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • CATERPILLAR ENERGY SOLUTIONS (MWM)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • AB HOLDING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • CAPSTONE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • FUELCELL ENERGY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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