Combined Heat & Power - Global Market Outlook (2017-2026)

Combined Heat & Power - Global Market Outlook (2017-2026)

  • Published: July 2018
  • ID: SMRC17421

According to Stratistics MRC, the Global Combined Heat & Power Market is accounted for $639.65 billion in 2017 and expected to grow at a CAGR of 5.0% to reach $996.38 billion by 2026. Growing command for energy efficiency in industries, governments programs & incentives for promotion and increase in the usage of natural gas to generate power are some of the factors driving the market growth. On the other hand, the high maintenance & installation costs incurred are hampering the market.

Combined heat and power (CHP) is an efficient and clean method in generating electric power and useful thermal energy from a single fuel source. It depicts a series of reliable and cost-effective technologies which makes a significant contribution for meeting global heat and electricity demand. It is a clean energy solution that directly addresses a number of national priorities, including improving U.S. competitiveness by reducing energy operating costs, greenhouse gas emissions and increasing energy efficiency.

By type, Micro combined heat power generation is one of the version of CHP methods in generation of heat and electricity simultaneously. The benefits of micro CHP systems include the easy and efficient product of heat and electricity. Moreover electricity can be generated as the byproduct of heat generation. Requirement for low carbon emission technologies and use of waste resources are boosting the micro combined heat and power market. Adoption of micro CHP systems is increasing with growing fuel poverty, reduced carbon emissions, climatic changes and energy security.

By end user, Industrial sector is growing predominantly. The combined heat & power systems are widely used in industries such as petrochemicals and pharmaceuticals. Industrial CHP systems generate electricity and also capture heat that is otherwise treated as waste. Industrial systems also have benefited by having this system setup of generating thermal energy which can be used as utility for heating or it can be converted to electricity. This thermal energy can also be converted to cooling when it is connected to an adsorption chiller and thus taking advantage of low-cost fuels.

Based on geography, Europe has the easy availability of natural gas and makes installation relatively easier & more cost-effective. This region is one of the global leaders in micro-CHP engine with innovation and manufacturing centers in Germany, the Netherlands and the U.K. This has been spurring the demand for CHP installations in countries such as Belgium, Germany, Italy, and the Netherlands.

Some of the key players in the Combined Heat & Power Market include ABB Ltd, Aegis Energy Services Inc., Bosch Thermotechnology Ltd, Caterpillar Inc., ENER-G Rudox, FuelCell Energy Inc., General Electric Company, Kawasaki Heavy Industries Ltd, MAN Diesel & Turbo (MAN SE), Mitsubishi Heavy Industries Ltd, Siemens AG, Viessmann Werke GmbH & Co. KG, Wartsila Oyj Abp and Fuelcell Energy.

Types Covered:
• Micro and Small-scale
• Large-scale

Fuels Covered:
• Coal
• Biomass
• Natural Gas
• Other Fuels

Technologies Covered:
• Steam Turbine
• Reciprocating Engine
• Gas Turbine
• Combined Cycle
• Other Technologies

Capacities Covered:
• Above 300 MW
• 151–300 MW
• 10–150 MW
• Up to 10 MW

End Users Covered:
• Industrial
• Residential
• Commercial
• Utilities, District Heating and Cooling

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary  
    
2 Preface   
 2.1 Abstract  

 2.2 Stake Holders 
 2.3 Research Scope 
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources 
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
    
3 Market Trend Analysis 
 3.1 Introduction 
 3.2 Drivers  
 3.3 Restraints 
 3.4 Opportunities 
 3.5 Threats  
 3.6 Technology Analysis
 3.7 End User Analysis 
 3.8 Emerging Markets 
 3.9 Futuristic Market Scenario
     
4 Porters Five Force Analysis 
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry 
    
5 Global Combined Heat & Power Market, By Type
 5.1 Introduction 
 5.2 Micro and Small-scale
 5.3 Large-scale 
    
6 Global Combined Heat & Power Market, By Fuel
 6.1 Introduction 
 6.2 Coal  
 6.3 Biomass  
 6.4 Natural Gas 
 6.5 Other Fuels 
  6.5.1 Waste Heat
  6.5.2 Wood 
  6.5.3 Oil 
    
7 Global Combined Heat & Power Market, By Technology
 7.1 Introduction 
 7.2 Steam Turbine  
 7.3 Reciprocating Engine 
 7.4 Gas Turbine  
 7.5 Combined Cycle 
 7.6 Other Technologies 
  7.6.1 Microturbine
  7.6.2 Fuel Cell  
  7.6.3 Waste Heat Recovery
     
8 Global Combined Heat & Power Market, By Capacity
 8.1 Introduction 
 8.2 Above 300 MW 
 8.3 151–300 MW  
 8.4 10–150 MW 
 8.5 Up to 10 MW 
    
9 Global Combined Heat & Power Market, By End User
 9.1 Introduction 
 9.2 Industrial  
  9.2.1 Paper 
  9.2.2 Chemical 
  9.2.3 Primary Metals
  9.2.4 Food 
  9.2.5 Petroleum Refining
 9.3 Residential 
  9.3.1 Water Heating
  9.3.2 Cooking 
  9.3.3 Space Heating/Cooling
  9.3.4 Lighting 
 9.4 Commercial 
  9.4.1 Office Building
  9.4.2 Educational Institution
  9.4.3 Government/Military
  9.4.4 District Energy
 9.5 Utilities, District Heating and Cooling
    
10 Global Combined Heat & Power Market, By Geography
 10.1 Introduction 
 10.2 North America 
  10.2.1 US 
  10.2.2 Canada 
  10.2.3 Mexico 
 10.3 Europe  
  10.3.1 Germany 
  10.3.2 UK 
  10.3.3 Italy 
  10.3.4 France 
  10.3.5 Spain 
  10.3.6 Rest of Europe
 10.4 Asia Pacific 
  10.4.1 Japan 
  10.4.2 China 
  10.4.3 India 
  10.4.4 Australia 
  10.4.5 New Zealand
  10.4.6 South Korea
  10.4.7 Rest of Asia Pacific
 10.5 South America 
  10.5.1 Argentina
  10.5.2 Brazil 
  10.5.3 Chile 
  10.5.4 Rest of South America
 10.6 Middle East & Africa
  10.6.1 Saudi Arabia
  10.6.2 UAE 
  10.6.3 Qatar 
  10.6.4 South Africa
  10.6.5 Rest of Middle East & Africa
    
11 Key Developments  
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers
 11.3 New Product Launch
 11.4 Expansions 
 11.5 Other Key Strategies
    
12 Company Profiling  

 12.1 ABB Ltd  
 12.2 Aegis Energy Services Inc.
 12.3 Bosch Thermotechnology Ltd
 12.4 Caterpillar Inc. 
 12.5 ENER-G Rudox 
 12.6 FuelCell Energy Inc. 
 12.7 General Electric Company
 12.8 Kawasaki Heavy Industries Ltd
 12.9 MAN Diesel & Turbo (MAN SE)
 12.10 Mitsubishi Heavy Industries Ltd
 12.11 Siemens AG 
 12.12 Viessmann Werke GmbH & Co. KG
 12.13 Wartsila Oyj Abp 
 12.14 Fuelcell Energy 


List of Tables    
1 Global Combined Heat & Power Market Outlook, By Region (2016-2026) ($MN)
2 Global Combined Heat & Power Market Outlook, By Type (2016-2026) ($MN)
3 Global Combined Heat & Power Market Outlook, By Micro and Small-scale (2016-2026) ($MN)
4 Global Combined Heat & Power Market Outlook, By Large-scale (2016-2026) ($MN)
5 Global Combined Heat & Power Market Outlook, By Fuel (2016-2026) ($MN)
6 Global Combined Heat & Power Market Outlook, By Coal (2016-2026) ($MN)
7 Global Combined Heat & Power Market Outlook, By Biomass (2016-2026) ($MN)
8 Global Combined Heat & Power Market Outlook, By Natural Gas (2016-2026) ($MN)
9 Global Combined Heat & Power Market Outlook, By Other Fuels (2016-2026) ($MN)
10 Global Combined Heat & Power Market Outlook, By Waste Heat (2016-2026) ($MN)
11 Global Combined Heat & Power Market Outlook, By Wood (2016-2026) ($MN)
12 Global Combined Heat & Power Market Outlook, By Oil (2016-2026) ($MN)
13 Global Combined Heat & Power Market Outlook, By Technology (2016-2026) ($MN)
14 Global Combined Heat & Power Market Outlook, By Steam Turbine (2016-2026) ($MN)
15 Global Combined Heat & Power Market Outlook, By Reciprocating Engine (2016-2026) ($MN)
16 Global Combined Heat & Power Market Outlook, By Gas Turbine (2016-2026) ($MN)
17 Global Combined Heat & Power Market Outlook, By Combined Cycle (2016-2026) ($MN)
18 Global Combined Heat & Power Market Outlook, By Other Technologies (2016-2026) ($MN)
19 Global Combined Heat & Power Market Outlook, By Microturbine (2016-2026) ($MN)
20 Global Combined Heat & Power Market Outlook, By Fuel Cell (2016-2026) ($MN)
21 Global Combined Heat & Power Market Outlook, By Waste Heat Recovery (2016-2026) ($MN)
22 Global Combined Heat & Power Market Outlook, By Capacity (2016-2026) ($MN)
23 Global Combined Heat & Power Market Outlook, By Above 300 MW (2016-2026) ($MN)
24 Global Combined Heat & Power Market Outlook, By 151–300 MW (2016-2026) ($MN)
25 Global Combined Heat & Power Market Outlook, By 10–150 MW (2016-2026) ($MN)
26 Global Combined Heat & Power Market Outlook, By Up to 10 MW (2016-2026) ($MN)
27 Global Combined Heat & Power Market Outlook, By End User (2016-2026) ($MN)
28 Global Combined Heat & Power Market Outlook, By Industrial (2016-2026) ($MN)
29 Global Combined Heat & Power Market Outlook, By Paper (2016-2026) ($MN)
30 Global Combined Heat & Power Market Outlook, By Chemical (2016-2026) ($MN)
31 Global Combined Heat & Power Market Outlook, By Primary Metals (2016-2026) ($MN)
32 Global Combined Heat & Power Market Outlook, By Food (2016-2026) ($MN)
33 Global Combined Heat & Power Market Outlook, By Petroleum Refining (2016-2026) ($MN)
34 Global Combined Heat & Power Market Outlook, By Residential (2016-2026) ($MN)
35 Global Combined Heat & Power Market Outlook, By Water Heating (2016-2026) ($MN)
36 Global Combined Heat & Power Market Outlook, By Cooking (2016-2026) ($MN)
37 Global Combined Heat & Power Market Outlook, By Space Heating/Cooling (2016-2026) ($MN)
38 Global Combined Heat & Power Market Outlook, By Lighting (2016-2026) ($MN)
39 Global Combined Heat & Power Market Outlook, By Commercial (2016-2026) ($MN)
40 Global Combined Heat & Power Market Outlook, By Office Building (2016-2026) ($MN)
41 Global Combined Heat & Power Market Outlook, By Educational Institution (2016-2026) ($MN)
42 Global Combined Heat & Power Market Outlook, By Government/Military (2016-2026) ($MN)
43 Global Combined Heat & Power Market Outlook, By District Energy (2016-2026) ($MN)
44 Global Combined Heat & Power Market Outlook, By Utilities, District Heating and Cooling (2016-2026) ($MN)
    
Note: North America, Europe, Asia Pacific, South America and Middle East & Africa tables are represented in above manner.

1. What do I do if I have a query on this report?
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: [email protected] or phone: +1-301-202-5929
2. Is the sample available for this report? Can I request the sample with my specific requirements?
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
3. Format of the report?
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: [email protected] or phone: +1-301-202-5929
4. Services prior to purchase and after purchase?
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at [email protected] or call us on +1-301-202-5929.
5. License Type and Delivery?
We have 3 different licensing options available in electronic format.
  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment
6. Purchase procedure and Invoicing?
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards
7. Post sale support?
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at [email protected] or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

Select License Type

Single User License (PDF)

 

2 - 5 User License (PDF)

 

Site License (PDF)

 

Corporate License (PDF)

 

Have a Question?


Know our Methodology

WHY CHOOSE US ?

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Adding more values to your product of interest.

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials