Combined Heat and Power Market

Report Code EP 6369
Published in Apr, 2024, By MarketsandMarkets™
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Combined Heat and Power Market by Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine), Capacity (Up to 10 MW, 10-150 MW, 151-300 MW, Above 300 MW), Fuel, End User and Region - Global Forecast to 2029

Overview

The global combined heat and power market is estimated to reach USD 39.2 billion by 2029 from an estimated USD 30.4 billion in 2024, at a CAGR of 5.2% during the forecast period. The combined heat and power market is expanding due to CHP plants capitalizing on the inherent heat produced during electricity generation from the combustion of carbon fuels. By locating electric generation close to buildings, the heat generated can be harnessed for local heating purposes, enhancing overall energy efficiency. While all combustion of carbon compounds emits CO2, CHP plants boast higher energy conversion rates, leading to greater electricity or useful heat output per unit of fuel. This results in reduced carbon emissions compared to separate electricity and heating systems.

Attractive Opportunities in the Combined Heat and Power Market

Asia Pacific

Market growth in the Asia Pacific can be attributed to rising energy demand, government initiatives, and need to reduce greenhouse gas emissions.

Rising use of natural gas for power generation and government initiatives are key factors driving the market growth.

The Combined heat and power market is expected to be worth USD 39.2 billion by 2029, growing at CAGR of 5.2% during the forecast period.

Rising deployment of micro-CHP systems and increased trend of distributed power generation are factors expected to provide lucrative opportunities for market players.

Unstability owing to decentralization of energy generation to pose a challenge to the growth of this market.

Global Combined Heat and Power Market Dynamics

Driver: Government programs and incentives to promote CHP

Governments Combined Heat and Power (CHP) systems, also known as cogeneration, are efficient systems that generate both electricity and useful thermal energy from a single fuel source. Governments around the world often offer various programs and incentives to promote the adoption of CHP systems due to their potential to reduce energy consumption, greenhouse gas emissions, and overall energy costs.

Restraint: Rising concerns over stable natural gas supply for CHP systems

Natural gas plays a crucial role as an energy source for Combined Heat and Power (CHP) plants, necessitating the development of suitable infrastructure to maximize its potential. However, the construction of natural gas pipelines presents significant challenges due to their complexity and high costs. Various factors influence the construction of these pipelines, including environmental regulations, average capacity factors, gas flow rates, production levels, and pipeline lengths.The South Stream pipeline project, which traverses Bulgaria, has faced uncertainties due to political tensions between Russia and the EU. Additionally, the 30-year gas supply agreement between Russia and China, inked in 2014, involves an estimated expenditure of approximately USD 30 billion for the construction of pipelines and associated infrastructure. However, the financing arrangements for this project remain unresolved. Consequently, ongoing concerns persist regarding the reliability of natural gas supply and the availability of adequate infrastructure, acting as constraints on the growth of the CHP market.

 

Opportunities: Increased trend of distributed power generation creates huge opportunity for gas turbine-based CHP market.

Distributed generation refers to the production of power near or directly at the location where it's needed. Historically, electricity was distributed from small-scale power plants utilizing low-voltage DC-based distribution systems. These distributed generation systems can serve both electrical supply and mechanical functions, such as providing torque for moving objects. Typically, distributed generation systems are characterized as stationary or mobile units with capacities under 100 MW. This approach contrasts with centralized power generation, where larger capacity plants generate electricity far from the point of consumption, always in fixed locations. Gas turbines play a crucial role in the current array of distributed power generation technologies, alongside reciprocating engines, solar panels, wind turbines, and fuel cells. Gas turbines stand out due to their heightened efficiency and dependable generation capacity, particularly in providing backup power and meeting onsite generation requirements. Consequently, the ascent of distributed power generation presents a significant opportunity for the gas turbines market to thrive.

Challenges: Challenges posed by utilities for sale of excess electricity by CHP plants

CHP plants encounter obstacles when dealing with utilities, particularly regarding the sale of surplus electricity. Stringent interconnection requirements and high tariff rates present significant challenges for CHP operators. For instance, the Des Moines Metro Wastewater Reclamation Facility in Iowa struggled for two years to negotiate an interconnection agreement, incurring substantial costs in both monetary terms and staff resources. Similarly, the Rock River Water Reclamation Plant in Illinois allocated 10% of its total CHP implementation costs towards addressing interconnection issues with the local utility. In Arkansas, the Fourche Creek Treatment Plant faced grid interruptions, prompting the installation of a fiber interlock between the plant and the electric substation, enabling complete disconnection from the grid during interruptions. In Portland, the Columbia Boulevard Wastewater Treatment Plant was compelled by the local utility to install reverse power relays to prevent any power export back to the grid, encountering resistance regarding power sales under contract terms. Contrarily, the Theresa Street Wastewater Treatment Facility in Nebraska successfully sold excess power to the local utility. However, the facility faced a discrepancy in credit received for the power supplied. While purchasing power at 5.5 cents per kWh, the facility only received 2.5 cents per kWh for the power sold back to the grid. These instances illustrate the challenges confronted by CHP operators in their interactions with local utilities.

Global Combined Heat and Power Market Ecosystem Analysis

Combined heat and power Market Ecosystem Leading companies in CHP Market include well-established, financially secure producers of combined heat and power products. These corporations have been long operating in the market and have a differentiated product portfolio, modern manufacturing technologies, and robust sales and marketing networks. Major companies in this market include GE (US), Siemens Energy (Germany), Veolia (France), Wartsila (Finland), and 2G Energy (Germany).

 

The natural gas segment is expected to be the largest market by fuel during the forecast period.

By Fuel, the combined heat and power market is divided into coal, natural gas, biogas/ biomass, nuclear, diesel and other fuel types. The natural gas segment is expected to be the largest in the combined heat and power market because of the increasing utilization of natural gas in gas engines for electricity generation stems from its cleaner combustion and lower carbon emissions compared to other fuels, addressing environmental concerns. Predominantly employed in gas engines ranging from 5 to 20 MW, natural gas finds extensive application in industrial and commercial cogeneration, particularly in utilities. Strengthening natural gas distribution networks in key countries like the US, Russia, and Canada is expected to further drive demand for gas-based Combined Heat and Power (CHP) systems, offering resilience during natural disasters and facilitating remote operations through gas capsules.

By end users, the industrial is expected to be the largest segment during the forecast period.

The industrial segment is expected to be the largest in the combined heat and power market consuming approximately 50% of the world's delivered energy annually, encompasses diverse industries like chemicals, oil & gas, and pharmaceuticals. With countries like China and India experiencing rapid industrialization, policies promoting industrial growth and ensuring reliable power supply are being implemented. Industries prioritize efficient energy use, driving the adoption of Combined Heat and Power (CHP) systems. These installations provide reliable power, utilize heat for heating applications, and often incorporate waste as feedstock, reducing disposal challenges.

Asia Pacific region holds the largest share of the Combined Heat and Power Market.

The Asia-Pacific region stands out as the largest market for combined heat and power (CHP) systems due to several compelling factors. Firstly, rapid industrialization and urbanization in countries like China, India, and Japan have led to a significant surge in energy demand across various sectors, making CHP systems an attractive option to meet this growing need efficiently. Secondly, government policies and incentives aimed at promoting energy efficiency, reducing emissions, and ensuring energy security have created a favorable environment for the adoption of CHP technologies. Additionally, the region's diverse energy landscape, including abundant availability of biomass and waste resources, further enhances the feasibility and attractiveness of CHP systems. Moreover, ongoing technological advancements and innovation in CHP technologies have improved their performance, reliability, and cost-effectiveness, driving higher adoption rates in the Asia-Pacific market compared to other regions globally. These combined factors position the Asia-Pacific region as a leader in the CHP market, poised for continued growth and expansion in the coming years.

 
 

Recent Developments of Combined Heat and Power Market industry

  • In March 2023, Siemens Energy partnered with customers to tackle ships' environmental impact by introducing methanol fuel cell systems for onboard electricity generation. Developed in collaboration with fuel cell supplier Advent Technologies Holdings, Inc., the technology is now available, offering a tailored net-zero greenhouse gas emission solution for the marine sector in less than two years.
  • In August 2023, 2G Energy expanded its core cogeneration business by acquiring Dutch heat pump manufacturer NRGTEQ, adding an innovative division to its portfolio. This move aligns with the growing political emphasis on electrifying the heating sector, showcasing 2G Energy's commitment to diverse and sustainable energy solutions.

Key Market Players

KEY PLAYERS IN THE Combined Heat and Power Market INCLUDE

  • GE (US)
  • Siemens Energy (Germany)
  • Veolia (France)
  • Wartsila (Finland)
  • 2G Energy (Germany)

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Scope of the Report

Report Attribute Details
Market size available for years 2019–2029
Base year considered 2023
Forecast period 2024–2029
Forecast units Value (USD)
Segments Covered Capacity, Prime Mover, Fuel, end-user, and region
Geographies covered Asia Pacific, North America, Europe, Middle East & Africa, and South America
Companies covered GE (US), Siemens Energy (Germany), Veolia (France), Wärtsilä (Finland), 2G Energy (Germany), Mitsubishi Heavy Industries (Japan), Caterpillar (US), E.ON (Germany), Viessmann Werke (UK), Tecogen (US), BDR Thermea Group (Netherlands), Dalkia Aegis EDF Group (US), Bosch (Germany), FuelCell Energy (US), Cummins (US), Centrica (UK), Man Energy Solutions (Germany), Caterpillar (US), Capstone Green Energy (US), ClearCell Power (US), RESET(Italy), HELEC Limited (UK), AB Holding (Italy), Enexor Bioenergy (US), and H3-Combined Heat and Power (Canada).

 

Key Questions Addressed by the Report

What is the current size of the combined heat and power market?
The current market size of the combined heat and power market is USD 29.1 billion in 2023.
What are the major drivers for the combined heat and power market?
The major drivers of the combined heat and power market are the Government programs and incentives to promote CHP, Rise in use of natural gas for power generation and Significant benefits of CHP systems in wastewater treatment facilities.
Which is the largest region during the forecasted period in the combined heat and power market?
Asia Pacific is expected to dominate the combined heat and power market between 2024–2029, followed by Europe.
Which is the largest segment, by fuel, during the forecasted period in the combined heat and power market?
The natural gas segment is expected to be the largest market during the forecast period. The market will hold largest share due to the gas engine technologies can easily integrate with existing gas pipeline systems, ensuring continuity of supply even during natural disasters. Additionally, gas distribution companies are facilitating access to natural gas through capsules for remote facilities, further driving adoption.
Which is the second largest segment, by the end user during the forecasted period in the combined heat and power market?
The utilities segment is expected to be the second largest growing market during the forecast period due to CHPs offer utilities a cost-effective means of supplying both electric and thermal energy, boasting efficiencies reaching up to 80%. This contrasts starkly with the lower efficiency ratings of non-CHP thermal plants, typically ranging from 25-30%.

 

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Table Of Contents

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TITLE
PAGE NO
INTRODUCTION
31
RESEARCH METHODOLOGY
38
EXECUTIVE SUMMARY
52
PREMIUM INSIGHTS
57
MARKET OVERVIEW
62
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Favorable government programs and incentives to promote adoption of CHP systems
    - Rise in use of natural gas for power generation
    - Improved cost-efficiency in wastewater treatment facilities
    RESTRAINTS
    - High installation and maintenance costs of CHP systems
    - Existence of competing technologies
    - Rising concerns over stable natural gas supply for CHP systems
    OPPORTUNITIES
    - Increasing deployment of micro-CHP systems
    - Pressing need to replace and upgrade aged power generation equipment
    - Rising trend of distributed power generation
    CHALLENGES
    - High contamination from biogas fuel causing damage to prime movers
    - Challenges posed by utilities for sale of excess electricity by CHP plants
    - Stability issues arising from decentralization of energy generation
  • 5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • 5.4 PRICING ANALYSIS
    AVERAGE INSTALLATION COST OF SMALL-CAPACITY COMBINED HEAT AND POWER SYSTEMS, BY PRIME MOVER
    AVERAGE INSTALLATION COST OF LARGE-CAPACITY COMBINED HEAT AND POWER SYSTEMS, BY PRIME MOVER
    AVERAGE INSTALLATION COST OF COMBINED HEAT AND POWER SYSTEMS, BY REGION
  • 5.5 VALUE CHAIN ANALYSIS
    RAW MATERIAL PROVIDERS/COMPONENT MANUFACTURERS/SUPPLIERS
    COMBINED HEAT AND POWER SYSTEM MANUFACTURERS/ASSEMBLERS
    DISTRIBUTORS/RESELLERS
    END USERS
    MAINTENANCE/SERVICE PROVIDERS
  • 5.6 ECOSYSTEM ANALYSIS
  • 5.7 TECHNOLOGY ANALYSIS
    HYBRID STORAGE SYSTEM WITH LITHIUM-ION AND REDOX FLOW BATTERY
    ADVANCED CONTROL AND MONITORING SYSTEMS
  • 5.8 REGULATORY LANDSCAPE
  • 5.9 PATENT ANALYSIS
  • 5.10 TRADE ANALYSIS
    HS CODE 8406
    - Export scenario for HS code 8406-compliant products
    - Import scenario for HS code 8406-compliant products
    HS CODE 841182
    - Export scenario for HS code 841182-compliant products
    - Import scenario for HS code 841182-compliant products
  • 5.11 KEY CONFERENCES AND EVENTS, 2024
  • 5.12 TARIFF ANALYSIS
    TARIFFS RELATED TO COMBINED HEAT AND POWER MARKET
  • 5.13 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    THREAT OF NEW ENTRANTS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.14 CASE STUDY ANALYSIS
    TATA CHEMICALS DEPLOYED NEW CHP SYSTEM TO REDUCE CARBON EMISSIONS AND INCREASE SODIUM BICARBONATE PRODUCTION
    NHS INSTALLED VEOLIA’S CHP-BASED SYSTEM TO ACHIEVE CARBON REDUCTION TARGETS
    PLACES LEISURE INSTALLED CENTRICA BUSINESS SOLUTIONS’ CHP UNITS TO REDUCE ENERGY COSTS
    SOUTHEND HOSPITAL USED CLARKE ENERGY’S CHP SYSTEMS TO REDUCE ELECTRICITY COSTS
COMBINED HEAT AND POWER MARKET, BY CAPACITY
97
  • 6.1 INTRODUCTION
  • 6.2 UP TO 10 MW
    GROWING NEED FOR ENERGY EFFICIENCY IN RESIDENTIAL AND COMMERCIAL APPLICATIONS TO DRIVE MARKET
  • 6.3 11–150 MW
    HIGH DEMAND FROM ENERGY-INTENSIVE INDUSTRES TO FUEL MARKET GROWTH
  • 6.4 151–300 MW
    INCREASING ADOPTION IN COGENERATION AND COMBINED CYCLE POWER PLANTS TO SUPPORT MARKET GROWTH
  • 6.5 ABOVE 300 MW
    RISING FOCUS OF UTILITIES ON COST-EFFICIENT AND CLEAN FUELS FOR POWER GENERATION TO CREATE DEMAND
COMBINED HEAT AND POWER MARKET, BY PRIME MOVER
104
  • 7.1 INTRODUCTION
  • 7.2 GAS TURBINE
    EFFICIENT USE OF HIGH-TEMPERATURE HEAT GENERATED FROM TURBINES TO DRIVE MARKET
  • 7.3 STEAM TURBINE
    HIGH FLEXIBILITY OF STEAM TURBINES TO INCREASE DEMAND
  • 7.4 RECIPROCATING ENGINE
    GROWING TREND OF DISTRIBUTED POWER GENERATION WORLDWIDE TO SUPPORT MARKET GROWTH
  • 7.5 FUEL CELL
    RISING DEMAND FOR CLEAN POWER GENERATION TO DRIVE MARKET
  • 7.6 MICROTURBINE
    HIGH HEAT AND POWER COGENERATION AND LOW CARBON EMISSIONS OFFERED BY MICROTURBINES TO PROPEL MARKET
  • 7.7 OTHER PRIME MOVERS
COMBINED HEAT AND POWER MARKET, BY FUEL
113
  • 8.1 INTRODUCTION
  • 8.2 COAL
    SIGNIFICANT USE AS PRIMARY FUEL SOURCE FOR CONVENTIONAL ELECTRICITY GENERATION TO SUPPORT MARKET GROWTH
  • 8.3 NATURAL GAS
    INCREASING NEED FOR CLEAN-BURNING FUELS TO BOOST MARKET GROWTH
  • 8.4 BIOGAS/BIOMASS
    RISING AWARENESS OF SUSTAINABILITY TO DRIVE MARKET
  • 8.5 NUCLEAR
    ENVIRONMENTAL BENEFITS OFFERED BY NUCLEAR SYSTEMS TO FOSTER MARKET GROWTH
  • 8.6 DIESEL
    IMMINENT NEED FOR ENERGY SECURITY TO FUEL MARKET GROWTH
  • 8.7 OTHER FUELS
COMBINED HEAT AND POWER MARKET, BY END USER
122
  • 9.1 INTRODUCTION
  • 9.2 RESIDENTIAL
    GROWING NEED TO MITIGATE CARBON EMISSIONS AND REDUCE DEPENDENCE ON CENTRALIZED POWER GENERATION TO CONTRIBUTE TO MARKET GROWTH
  • 9.3 COMMERCIAL
    RISING NEED FOR ENVIRONMENT-FRIENDLY SYSTEMS FOR LARGE-SCALE COMMERCIAL APPLICATIONS TO FUEL MARKET GROWTH
  • 9.4 INDUSTRIAL
    GROWING DEMAND FOR RELIABLE POWER SUPPLY TO DRIVE MARKET
  • 9.5 UTILITIES
    RISING FOCUS OF UTILITIES ON COST-EFFICIENT AND CLEAN FUELS TO CREATE DEMAND
COMBINED HEAT AND POWER MARKET, BY REGION
130
  • 10.1 INTRODUCTION
  • 10.2 ASIA PACIFIC
    IMPACT OF RECESSION ON COMBINED HEAT AND POWER MARKET IN ASIA PACIFIC
    CHINA
    - Rapid industrialization and infrastructure development to fuel market growth
    JAPAN
    - Transition from nuclear energy to gas-based energy generation to drive market
    SOUTH KOREA
    - Aim to reduce greenhouse gas emissions to drive market
    AUSTRALIA
    - Favorable government incentives for installing clean and energy-efficient technologies to drive market
    INDIA
    - Strong focus of industry players on enhancing energy efficiency to accelerate market growth
    REST OF ASIA PACIFIC
  • 10.3 EUROPE
    IMPACT OF RECESSION ON COMBINED HEAT AND POWER MARKET IN EUROPE
    GERMANY
    - Rising need to achieve CO2 emissions reduction targets to propel market
    UK
    - Growing need for efficient power generation to drive market
    RUSSIA
    - Increasing trend of decentralized power generation to support market growth
    FRANCE
    - Large installed base of nuclear power generation for commercial and residential applications to propel market
    ITALY
    - Rising need to reduce carbon emissions to drive demand
    REST OF EUROPE
  • 10.4 NORTH AMERICA
    IMPACT OF RECESSION ON COMBINED HEAT AND POWER MARKET IN NORTH AMERICA
    US
    - Favorable government programs for promoting CHP to drive market
    CANADA
    - Need to meet power generation requirements to propel market
    MEXICO
    - Increasing government initiatives for clean electricity production to boost market growth
  • 10.5 MIDDLE EAST & AFRICA
    IMPACT OF RECESSION ON COMBINED HEAT AND POWER MARKET IN MIDDLE EAST & AFRICA
    GCC COUNTRIES
    - Saudi Arabia
    - UAE
    - Rest of GCC countries
    TURKEY
    - Requirement of sustainable economic growth and energy security to propel market
    NIGERIA
    - Need for increased power generation to boost market growth
    SOUTH AFRICA
    - Stringent government policies to limit carbon emissions to contribute to market growth
    ALGERIA
    - Rising need to reduce CO2 emissions and add renewables to energy mix to drive market
    REST OF MIDDLE EAST & AFRICA
  • 10.6 SOUTH AMERICA
    IMPACT OF RECESSION ON COMBINED HEAT AND POWER MARKET IN SOUTH AMERICA
    BRAZIL
    - Growing power demand from industrial sector to drive market
    ARGENTINA
    - Increased power demand and unreliable power supply to fuel market growth
    REST OF SOUTH AMERICA
COMPETITIVE LANDSCAPE
237
  • 11.1 OVERVIEW
  • 11.2 MARKET SHARE ANALYSIS, 2023
  • 11.3 REVENUE ANALYSIS, 2019–2023
  • 11.4 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    PERVASIVE PLAYERS
    EMERGING LEADERS
    PARTICIPANTS
    COMPANY FOOTPRINT
    - Company overall footprint
    - Company capacity footprint
    - Company fuel footprint
    - Company prime mover footprint
    - Company end user footprint
    - Company region footprint
  • 11.5 COMPETITIVE SCENARIO AND TRENDS
    PRODUCT LAUNCHES/DEVELOPMENTS
    DEALS
    OTHERS
COMPANY PROFILES
254
  • 12.1 KEY PLAYERS
    GENERAL ELECTRIC
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    SIEMENS ENERGY
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    WÄRTSILÄ
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    2G ENERGY INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM View
    MITSUBISHI HEAVY INDUSTRIES, LTD.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    CLARKE ENERGY
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    CATERPILLAR
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    E. ON SE
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    VEOLIA
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    ROBERT BOSCH GMBH
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    MAN ENERGY SOLUTIONS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    AB HOLDING SPA
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    FUELCELL ENERGY, INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    CAPSTONE GREEN ENERGY CORPORATION
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    CUMMINS INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
  • 12.2 OTHER PLAYERS
    CENTRICA PLC
    TECOGEN, INC.
    BDR THERMEA GROUP
    VIESSMANN GROUP
    DALKIA AEGIS, EDF GROUP
    CLEARCELL POWER
    H3 COMBINED HEAT AND POWER
    ENEXOR ENERGY LLC
    RESET
    HELEC
APPENDIX
323
  • 13.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 13.2 DISCUSSION GUIDE
  • 13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 13.4 CUSTOMIZATION OPTIONS
  • 13.5 RELATED REPORTS
  • 13.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 COMBINED HEAT AND POWER MARKET: INCLUSIONS AND EXCLUSIONS, BY END USER
  • TABLE 2 COMBINED HEAT AND POWER MARKET: INCLUSIONS AND EXCLUSIONS, BY CAPACITY
  • TABLE 3 MARKET: INCLUSIONS AND EXCLUSIONS, BY PRIME MOVER
  • TABLE 4 MARKET: INCLUSIONS AND EXCLUSIONS, BY FUEL
  • TABLE 5 MARKET: INCLUSIONS AND EXCLUSIONS, BY REGION
  • TABLE 6 MARKET SNAPSHOT
  • TABLE 7 WASTEWATER TREATMENT FACILITIES WITH COMBINED HEAT AND POWER SYSTEMS IN US
  • TABLE 8 CHP PRIME MOVER TOLERANCE TO BIOGAS CONTAMINANTS
  • TABLE 9 AVERAGE INSTALLATION COST OF SMALL-CAPACITY COMBINED HEAT AND POWER SYSTEMS, BY PRIME MOVER, 2021, 2022, 2023, AND 2029 (USD/KW)
  • TABLE 10 AVERAGE INSTALLATION COST OF MEDIUM-CAPACITY COMBINED HEAT AND POWER SYSTEMS, BY PRIME MOVER, 2021, 2022, 2023, AND 2029 (USD/KW)
  • TABLE 11 AVERAGE INSTALLATION COST OF LARGE-CAPACITY COMBINED HEAT AND POWER SYSTEMS, BY PRIME MOVER, 2021, 2022, 2023, AND 2029 (USD/KW)
  • TABLE 12 AVERAGE INSTALLATION COST OF COMBINED HEAT AND POWER SYSTEMS, BY REGION, 2021, 2022, 2023, AND 2029 (USD/KW)
  • TABLE 13 ROLE OF COMPANIES IN COMBINED HEAT AND POWER ECOSYSTEM
  • TABLE 14 MARKET: REGULATIONS
  • TABLE 15 TOP 15 PATENT OWNERS PERTAINING TO COMBINED HEAT AND POWER, 2013–2023
  • TABLE 16 LIST OF MAJOR PATENTS PERTAINING TO COMBINED HEAT AND POWER, 2016–2023
  • TABLE 17 EXPORT DATA FOR HS CODE 8406-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
  • TABLE 18 IMPORT SCENARIO FOR HS CODE 8406-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
  • TABLE 19 EXPORT DATA FOR HS CODE 841182-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)
  • TABLE 20 IMPORT DATA FOR HS CODE 841182, BY COUNTRY, 2020–2022 (USD THOUSAND)
  • TABLE 21 MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024
  • TABLE 22 IMPORT TARIFF FOR HS CODE 841182-COMPLIANT PRODUCTS, 2022
  • TABLE 23 IMPORT TARIFF FOR HS CODE 8406-COMPLIANT PRODUCTS, 2022
  • TABLE 24 IMPACT OF EACH FORCE ON MARKET
  • TABLE 25 MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 26 MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 27 UP TO 10 MW: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 28 UP TO 10 MW: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 29 11–150 MW: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 30 11–150 MW: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 31 151–300 MW: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 32 151–300 MW: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 33 ABOVE 300 MW: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 34 ABOVE 300 MW: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 35 MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 36 MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 37 GAS TURBINE: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 38 GAS TURBINE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 39 STEAM TURBINE: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 40 STEAM TURBINE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 41 RECIPROCATING ENGINE: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 42 RECIPROCATING ENGINE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 43 FUEL CELL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 44 FUEL CELL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 45 MICROTURBINE: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 46 MICROTURBINE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 47 OTHER PRIME MOVERS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 48 OTHER PRIME MOVERS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 49 MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 50 MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 51 COAL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 52 COAL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 53 NATURAL GAS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 54 NATURAL GAS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 55 BIOGAS/BIOMASS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 56 BIOGAS/BIOMASS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 57 NUCLEAR: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 58 NUCLEAR: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 59 DIESEL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 60 DIESEL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 61 OTHER FUELS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 62 OTHER FUELS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 63 MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 64 MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 65 RESIDENTIAL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 66 RESIDENTIAL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 67 COMMERCIAL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 68 COMMERCIAL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 69 INDUSTRIAL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 70 INDUSTRIAL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 71 UTILITIES: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 72 UTILITIES: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 73 MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 74 MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 75 COMBINED HEAT AND POWER CAPACITY, BY REGION, 2019–2023 (MW)
  • TABLE 76 COMBINED HEAT AND POWER CAPACITY, BY REGION, 2024–2029 (MW)
  • TABLE 77 ASIA PACIFIC: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 78 ASIA PACIFIC: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 79 ASIA PACIFIC: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 80 ASIA PACIFIC: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 81 ASIA PACIFIC: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 82 ASIA PACIFIC: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 83 ASIA PACIFIC: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 84 ASIA PACIFIC: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 85 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 86 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 87 CHINA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 88 CHINA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 89 CHINA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 90 CHINA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 91 CHINA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 92 CHINA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 93 CHINA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 94 CHINA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 95 JAPAN: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 96 JAPAN: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 97 JAPAN: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 98 JAPAN: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 99 JAPAN: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 100 JAPAN: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 101 JAPAN: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 102 JAPAN: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 103 SOUTH KOREA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 104 SOUTH KOREA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 105 SOUTH KOREA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 106 SOUTH KOREA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 107 SOUTH KOREA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 108 SOUTH KOREA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 109 SOUTH KOREA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 110 SOUTH KOREA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 111 AUSTRALIA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 112 AUSTRALIA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 113 AUSTRALIA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 114 AUSTRALIA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 115 AUSTRALIA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 116 AUSTRALIA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 117 AUSTRALIA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 118 AUSTRALIA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 119 INDIA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 120 INDIA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 121 INDIA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 122 INDIA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 123 INDIA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 124 INDIA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 125 INDIA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 126 INDIA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 127 REST OF ASIA PACIFIC: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 128 REST OF ASIA PACIFIC: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 129 REST OF ASIA PACIFIC: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 130 REST OF ASIA PACIFIC: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 131 REST OF ASIA PACIFIC: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 132 REST OF ASIA PACIFIC: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 133 REST OF ASIA PACIFIC: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 134 REST OF ASIA PACIFIC: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 135 EUROPE: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 136 EUROPE: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 137 EUROPE: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 138 EUROPE: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 139 EUROPE: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 140 EUROPE: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 141 EUROPE: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 142 EUROPE: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 143 EUROPE: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 144 EUROPE: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 145 GERMANY: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 146 GERMANY: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 147 GERMANY: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 148 GERMANY: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 149 GERMANY: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 150 GERMANY: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 151 GERMANY: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 152 GERMANY: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 153 UK: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 154 UK: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 155 UK: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 156 UK: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 157 UK: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 158 UK: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 159 UK: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 160 UK: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 161 RUSSIA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 162 RUSSIA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 163 RUSSIA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 164 RUSSIA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 165 RUSSIA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 166 RUSSIA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 167 RUSSIA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 168 RUSSIA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 169 FRANCE: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 170 FRANCE: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 171 FRANCE: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 172 FRANCE: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 173 FRANCE: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 174 FRANCE: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 175 FRANCE: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 176 FRANCE: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 177 ITALY: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 178 ITALY: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 179 ITALY: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 180 ITALY: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 181 ITALY: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 182 ITALY: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 183 ITALY: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 184 ITALY: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 185 REST OF EUROPE: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 186 REST OF EUROPE: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 187 REST OF EUROPE: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 188 REST OF EUROPE: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 189 REST OF EUROPE: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 190 REST OF EUROPE: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 191 REST OF EUROPE: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 192 REST OF EUROPE: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 193 NORTH AMERICA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 194 NORTH AMERICA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 195 NORTH AMERICA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 196 NORTH AMERICA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 197 NORTH AMERICA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 198 NORTH AMERICA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 199 NORTH AMERICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 200 NORTH AMERICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 201 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 202 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 203 US: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 204 US: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 205 US: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 206 US: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 207 US: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 208 US: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 209 US: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 210 US: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 211 CANADA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 212 CANADA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 213 CANADA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 214 CANADA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 215 CANADA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 216 CANADA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 217 CANADA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 218 CANADA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 219 MEXICO: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 220 MEXICO: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 221 MEXICO: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 222 MEXICO: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 223 MEXICO: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 224 MEXICO: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 225 MEXICO: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 226 MEXICO: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 227 MIDDLE EAST & AFRICA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 228 MIDDLE EAST & AFRICA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 229 MIDDLE EAST & AFRICA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 230 MIDDLE EAST & AFRICA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 231 MIDDLE EAST & AFRICA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 232 MIDDLE EAST & AFRICA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 233 MIDDLE EAST & AFRICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 234 MIDDLE EAST & AFRICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 235 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 236 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 237 GCC COUNTRIES: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 238 GCC COUNTRIES: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 239 GCC COUNTRIES: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 240 GCC COUNTRIES: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 241 GCC COUNTRIES: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 242 GCC COUNTRIES: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 243 GCC COUNTRIES: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 244 GCC COUNTRIES: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 245 GCC COUNTRIES: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 246 GCC COUNTRIES: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 247 SAUDI ARABIA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 248 SAUDI ARABIA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 249 SAUDI ARABIA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 250 SAUDI ARABIA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 251 SAUDI ARABIA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 252 SAUDI ARABIA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 253 SAUDI ARABIA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 254 SAUDI ARABIA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 255 UAE: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 256 UAE: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 257 UAE: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 258 UAE: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 259 UAE: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 260 UAE: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 261 UAE: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 262 UAE: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 263 REST OF GCC COUNTRIES: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 264 REST OF GCC COUNTRIES: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 265 REST OF GCC COUNTRIES: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 266 REST OF GCC COUNTRIES: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 267 REST OF GCC COUNTRIES: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 268 REST OF GCC COUNTRIES: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 269 REST OF GCC COUNTRIES: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 270 REST OF GCC COUNTRIES: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 271 TURKEY: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 272 TURKEY: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 273 TURKEY: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 274 TURKEY: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 275 TURKEY: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 276 TURKEY: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 277 TURKEY: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 278 TURKEY: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 279 NIGERIA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 280 NIGERIA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 281 NIGERIA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 282 NIGERIA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 283 NIGERIA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 284 NIGERIA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 285 NIGERIA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 286 NIGERIA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 287 SOUTH AFRICA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 288 SOUTH AFRICA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 289 SOUTH AFRICA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 290 SOUTH AFRICA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 291 SOUTH AFRICA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 292 SOUTH AFRICA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 293 SOUTH AFRICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 294 SOUTH AFRICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 295 ALGERIA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 296 ALGERIA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 297 ALGERIA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 298 ALGERIA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 299 ALGERIA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 300 ALGERIA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 301 ALGERIA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 302 ALGERIA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 303 REST OF MIDDLE EAST & AFRICA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 304 REST OF MIDDLE EAST & AFRICA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 305 REST OF MIDDLE EAST & AFRICA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 306 REST OF MIDDLE EAST & AFRICA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 307 REST OF MIDDLE EAST & AFRICA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 308 REST OF MIDDLE EAST & AFRICA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 309 REST OF MIDDLE EAST & AFRICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 310 REST OF MIDDLE EAST & AFRICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 311 SOUTH AMERICA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 312 SOUTH AMERICA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 313 SOUTH AMERICA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 314 SOUTH AMERICA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 315 SOUTH AMERICA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 316 SOUTH AMERICA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 317 SOUTH AMERICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 318 SOUTH AMERICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 319 SOUTH AMERICA: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 320 SOUTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 321 BRAZIL: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 322 BRAZIL: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 323 BRAZIL: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 324 BRAZIL: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 325 BRAZIL: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 326 BRAZIL: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 327 BRAZIL: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 328 BRAZIL: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 329 ARGENTINA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 330 ARGENTINA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 331 ARGENTINA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 332 ARGENTINA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 333 ARGENTINA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 334 ARGENTINA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 335 ARGENTINA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 336 ARGENTINA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 337 REST OF SOUTH AMERICA: MARKET, BY CAPACITY, 2019–2023 (USD MILLION)
  • TABLE 338 REST OF SOUTH AMERICA: MARKET, BY CAPACITY, 2024–2029 (USD MILLION)
  • TABLE 339 REST OF SOUTH AMERICA: MARKET, BY PRIME MOVER, 2019–2023 (USD MILLION)
  • TABLE 340 REST OF SOUTH AMERICA: MARKET, BY PRIME MOVER, 2024–2029 (USD MILLION)
  • TABLE 341 REST OF SOUTH AMERICA: MARKET, BY FUEL, 2019–2023 (USD MILLION)
  • TABLE 342 REST OF SOUTH AMERICA: MARKET, BY FUEL, 2024–2029 (USD MILLION)
  • TABLE 343 REST OF SOUTH AMERICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 344 REST OF SOUTH AMERICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 345 OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, JANUARY 2019– MARCH 2023
  • TABLE 346 MARKET: DEGREE OF COMPETITION
  • TABLE 347 MARKET: COMPANY OVERALL FOOTPRINT
  • TABLE 348 MARKET: BY CAPACITY FOOTPRINT
  • TABLE 349 MARKET: BY FUEL FOOTPRINT
  • TABLE 350 MARKET: BY PRIME MOVER FOOTPRINT
  • TABLE 351 MARKET: BY END USER FOOTPRINT
  • TABLE 352 MARKET: BY REGION FOOTPRINT
  • TABLE 353 MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, APRIL 2017–JULY 2023
  • TABLE 354 MARKET: DEALS, APRIL 2018–FEBRUARY 2024
  • TABLE 355 MARKET: OTHERS, NOVEMBER 2019–SEPTEMBER 2023
  • TABLE 356 GENERAL ELECTRIC: COMPANY OVERVIEW
  • TABLE 357 GENERAL ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 358 GENERAL ELECTRIC: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 359 GENERAL ELECTRIC: DEALS
  • TABLE 360 GENERAL ELECTRIC: OTHERS
  • TABLE 361 SIEMENS ENERGY: COMPANY OVERVIEW
  • TABLE 362 SIEMENS ENERGY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 363 SIEMENS ENERGY: DEALS
  • TABLE 364 SIEMENS ENERGY: OTHERS
  • TABLE 365 WÄRTSILÄ: COMPANY OVERVIEW
  • TABLE 366 WÄRTSILÄ: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 367 WÄRTSILÄ: DEALS
  • TABLE 368 WÄRTSILÄ: OTHERS
  • TABLE 369 2G ENERGY INC.: COMPANY OVERVIEW
  • TABLE 370 2G ENERGY INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 371 2G ENERGY INC.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 372 2G ENERGY INC.: DEALS
  • TABLE 373 2G ENERGY INC.: OTHERS
  • TABLE 374 MITSUBISHI HEAVY INDUSTRIES, LTD: COMPANY OVERVIEW
  • TABLE 375 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 376 MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS
  • TABLE 377 MITSUBISHI HEAVY INDUSTRIES: OTHERS
  • TABLE 378 CLARKE E ENERGY: COMPANY OVERVIEW
  • TABLE 379 CLARKE ENERGY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 380 CLARKE ENERGY: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 381 CLARKE ENERGY: OTHERS
  • TABLE 382 CATERPILLAR: COMPANY OVERVIEW
  • TABLE 383 CATERPILLAR: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 384 CATERPILLAR: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 385 CATERPILLAR: OTHERS
  • TABLE 386 E.ON SE: COMPANY OVERVIEW
  • TABLE 387 E.ON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 388 E.ON: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 389 E.ON: DEALS
  • TABLE 390 E.ON: OTHERS
  • TABLE 391 VEOLIA: COMPANY OVERVIEW
  • TABLE 392 VEOLIA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 393 VEOLIA: DEALS
  • TABLE 394 VEOLIA: OTHERS
  • TABLE 395 ROBERT BOSCH GMBH: COMPANY OVERVIEW
  • TABLE 396 ROBERT BOSCH GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 397 ROBERT BOSCH GMBH: DEALS
  • TABLE 398 ROBERT BOSCH GMBH: OTHERS
  • TABLE 399 MAN ENERGY SOLUTIONS: COMPANY OVERVIEW
  • TABLE 400 MAN ENERGY SOLUTIONS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 401 MAN ENERGY SOLUTIONS: OTHERS
  • TABLE 402 AB HOLDING SPA: COMPANY OVERVIEW
  • TABLE 403 AB HOLDING SPA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 404 AB HOLDING SPA: OTHERS
  • TABLE 405 FUELCELL ENERGY, INC.: COMPANY OVERVIEW
  • TABLE 406 FUELCELL ENEGRY, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 407 FUELCELL ENERGY, INC.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 408 CAPSTONE GREEN ENERGY CORPORATION: COMPANY OVERVIEW
  • TABLE 409 CAPSTONE GREEN ENERGY CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 410 CAPSTONE GREEN ENERGY CORPORATION: DEALS
  • TABLE 411 CAPSTONE GREEN ENERGY CORPORATION: OTHERS
  • TABLE 412 CUMMINS INC.: COMPANY OVERVIEW
  • TABLE 413 CUMMINS INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 414 CUMMINS INC.: OTHERS
LIST OF FIGURES
 
  • FIGURE 1 MARKET: RESEARCH DESIGN
  • FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
  • FIGURE 3 MARKET: DATA TRIANGULATION METHODOLOGY
  • FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND IN MARKET
  • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 7 KEY STEPS CONSIDERED IN ASSESSING SUPPLY FOR MARKET
  • FIGURE 8 MARKET: SUPPLY-SIDE ANALYSIS
  • FIGURE 9 11–150 MW SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MARKET IN 2029
  • FIGURE 10 RECIPROCATING ENGINE SEGMENT TO HOLD LARGEST SHARE OF MARKET IN 2029
  • FIGURE 11 NATURAL GAS SEGMENT TO LEAD MARKET IN 2029
  • FIGURE 12 INDUSTRIAL SEGMENT TO DOMINATE MARKET IN 2029
  • FIGURE 13 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2024
  • FIGURE 14 INCREASING URBANIZATION, POPULATION, AND NEED TO REDUCE CARBON EMISSIONS TO PROPEL MARKET
  • FIGURE 15 NATURAL GAS SEGMENT AND CHINA DOMINATED COMBINED HEAT AND POWER MARKET IN ASIA PACIFIC IN 2023
  • FIGURE 16 11–150 MW SEGMENT TO HOLD LARGEST SHARE OF COMBINED HEAT AND POWER MARKET IN 2029
  • FIGURE 17 RECIPROCATING ENGINE SEGMENT TO DOMINATE MARKET SHARE IN 2029
  • FIGURE 18 NATURAL GAS SEGMENT TO LEAD COMBINED HEAT AND POWER MARKET SHARE IN 2029
  • FIGURE 19 INDUSTRIAL SEGMENT TO HOLD LARGEST SHARE OF COMBINED HEAT AND POWER MARKET IN 2029
  • FIGURE 20 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN COMBINED HEAT AND POWER MARKET DURING FORECAST PERIOD
  • FIGURE 21 COMBINED HEAT AND POWER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 22 POWER GENERATION FROM NATURAL GAS, 2021–2022
  • FIGURE 23 GLOBAL NATURAL GAS CONSUMPTION
  • FIGURE 24 FUEL CELL MICRO-CHP INSTALLATIONS IN JAPAN, 2009–2017
  • FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • FIGURE 26 AVERAGE INSTALLATION COST OF SMALL-CAPACITY COMBINED HEAT AND POWER SYSTEMS, BY PRIME MOVER, 2021, 2022, 2023, AND 2029
  • FIGURE 27 AVERAGE INSTALLATION COST OF MEDIUM-CAPACITY COMBINED HEAT AND POWER SYSTEMS, BY PRIME MOVER, 2021, 2022, 2023, AND 2029
  • FIGURE 28 AVERAGE INSTALLATION COST OF LARGE-CAPACITY COMBINED HEAT AND POWER SYSTEMS, BY PRIME MOVER, 2021, 2022, 2023, AND 2029
  • FIGURE 29 AVERAGE INSTALLATION COST OF COMBINED HEAT AND POWER SYSTEMS, BY REGION, 2021, 2022, 2023, AND 2029
  • FIGURE 30 COMBINED HEAT AND POWER MARKET: VALUE CHAIN ANALYSIS
  • FIGURE 31 COMBINED HEAT AND POWER MARKET: ECOSYSTEM MAPPING
  • FIGURE 32 TOP 10 PLAYERS WITH HIGHEST NUMBER OF PATENTS PERTAINING TO COMBINED HEAT AND POWER, 2016–2023
  • FIGURE 33 TOTAL NUMBER OF PATENTS GRANTED PERTAINING TO COMBINED HEAT AND POWER, 2013–2023
  • FIGURE 34 EXPORT DATA FOR HS CODE 8406-COMPLIANT PRODUCTS TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND)
  • FIGURE 35 IMPORT DATA FOR HS CODE 8406-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND)
  • FIGURE 36 EXPORT DATA FOR HS CODE 841182-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND)
  • FIGURE 37 IMPORT DATA FOR HS CODE 841182-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND)
  • FIGURE 38 COMBINED HEAT AND POWER MARKET: PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 39 COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2023
  • FIGURE 40 COMBINED HEAT AND POWER MARKET, BY PRIME MOVER, 2023
  • FIGURE 41 COMBINED HEAT AND POWER MARKET, BY FUEL, 2023
  • FIGURE 42 COMBINED HEAT AND POWER MARKET, BY END USER, 2023
  • FIGURE 43 COMBINED HEAT AND POWER MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2024 TO 2029
  • FIGURE 44 COMBINED HEAT AND POWER MARKET, BY REGION, 2023
  • FIGURE 45 ASIA PACIFIC: COMBINED HEAT AND POWER MARKET SNAPSHOT
  • FIGURE 46 EUROPE: COMBINED HEAT AND POWER MARKET SNAPSHOT
  • FIGURE 47 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2023
  • FIGURE 48 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023
  • FIGURE 49 COMBINED HEAT AND POWER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 50 GENERAL ELECTRIC: COMPANY SNAPSHOT
  • FIGURE 51 SIEMENS ENERGY: COMPANY SNAPSHOT
  • FIGURE 52 WÄRTSILÄ: COMPANY SNAPSHOT
  • FIGURE 53 2G ENERGY INC.: COMPANY SNAPSHOT
  • FIGURE 54 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
  • FIGURE 55 CATERPILLAR: COMPANY SNAPSHOT
  • FIGURE 56 E.ON SE: COMPANY SNAPSHOT
  • FIGURE 57 VEOLIA: COMPANY SNAPSHOT
  • FIGURE 58 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
  • FIGURE 59 MAN ENERGY SOLUTIONS: COMPANY SNAPSHOT
  • FIGURE 60 FUELCELL ENERGY, INC.: COMPANY SNAPSHOT
  • FIGURE 61 CAPSTONE GREEN ENERGY CORPORATION: COMPANY SNAPSHOT
  • FIGURE 62 CUMMINS INC.: COMPANY SNAPSHOT

 

The study involved major activities in estimating the current size of the Combined heat and power market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

This research study on the Combined heat and power market involved the use of extensive secondary sources, directories, and databases, such as Hoovers, dealroom, Bloomberg, Businessweek, Factiva, International Energy Agency, and BP Statistical Review of World Energy, to identify and collect information useful for a technical, market-oriented, and commercial study of the global Combined heat and power market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases. 

Primary Research

The Combined heat and power market comprises several stakeholders such as Combined heat and power manufacturers, service providers, distributors, consulting companies from Energy & Power sector, state and national authorities and end-users in the supply chain. The demand side of this market is characterized by the rising demand for efficient energy needs. The supply side is characterized by rising demand for contracts from the industrial, commercial, utilities, and residential sector and mergers & acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Following is the breakdown of primary respondents:

Combined Heat and Power Market Size, and Share

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Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the combined heat and power market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market share in the respective regions has been determined through both primary and secondary research.
  • The industry’s value chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Combined heat and power Market Size: Top-down Approach

Combined Heat and Power Market Top Down Approach

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Combined heat and power Market Size: Bottom-Up Approach

Combined Heat and Power Market Bottom Up Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, data triangulation and market breakdown processes have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand- and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.

Market Definition

Combined Heat and Power (CHP) is an energy-efficient technology that generates electricity and captures waste heat for heating or cooling purposes, all from a single fuel source. It's used to enhance energy efficiency, cut costs, reduce emissions, and bolster grid resilience. By utilizing waste heat that would otherwise be discarded, CHP systems achieve efficiencies of up to 80-90%, compared to around 30-40% for traditional power plants. This makes CHP ideal for industrial, commercial, and residential settings, offering a sustainable and cost-effective solution for meeting energy needs while minimizing environmental impact.

Key Stakeholders

  • Consulting companies in the energy sector
  • Distributed energy associations
  • Environmental associations
  • EPC contractors for CHP
  • Manufacturers of fuel cells and microturbines
  • Manufacturers of gas and steam turbines
  • Government and research organizations
  • Investment banks
  • Power companies
  • Manufacturers of reciprocating engines

Objectives of the Study

  • To define, describe, and forecast the combined heat and power market on the basis of capacity, prime mover, fuel, and end user.
  • To provide detailed information about the drivers, restraints, opportunities, and challenges influencing the growth of the market.
  • To strategically analyze the combined heat and power market with respect to individual growth trends, future expansions, and contributions to the market
  • To provide details about the value chain of the combined heat and power market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the growth of the combined heat and power market with respect to 5 main regions, namely, North America, South America, Asia Pacific, Europe, and the Middle East & Africa
  • To strategically profile key players and comprehensively analyze their respective market share and core competencies
  • To analyze competitive developments such as investments, expansions, partnerships, acquisitions, new product launches, sales contracts, agreements, joint ventures, alliances, and collaborations in the combined heat and power market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Geographic Analysis

  • Further breakdown of region or country-specific analysis

Company Information

  • Detailed analyses and profiling of additional market players (up to 5)

Previous Versions of this Report

Combined Heat and Power Market by Capacity (<10 MW, 10-150 MW, 151-300 MW, >300 MW), Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine, and Others (Stirling Engine System and Combined Cycle)), Fuel(Coal, Natural Gas, Biogas/Biomass, Nuclear, Diesel, and Others (Biodiesel and Geothermal)), End User(Residential, Commercial, Industrial, Utilities), and Region - Global Forecast to 2026

Report Code EP 6369
Published in Nov, 2021, By MarketsandMarkets™

Combined Heat and Power Market by Capacity (<10 MW, 10-150 MW, 151-300 MW, >300 MW), Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine, and Others (Stirling Engine System and Combined Cycle)), Fuel(Coal, Natural Gas, Biogas/Biomass, Nuclear, Diesel, and Others (Biodiesel and Geothermal)), End User(Residential, Commercial, Industrial, Utilities), and Region - Global Forecast to 2026

Report Code EP 6369
Published in Jun, 2018, By MarketsandMarkets™

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