Combined Heat and Power Market 2028 by Capacity, Prime Mover, Fuel, End-User and Geography | The Insight Partners

Combined Heat and Power Market to 2028 - Global Analysis and Forecasts by Capacity (Below 10 MW, 10-150 MW, 151-300 MW, Above 300 MW); Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine, Others); Fuel (Coal, Natural Gas, Biogas/Biomass, Nuclear, Diesel, Others); End-User (Residential, Commercial, Industrial, Utilities) and Geography

Report Code: TIPRE00006381 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming

MARKET OVERVIEW
The method of generating heat and electricity simultaneously is referred to combined heat and power generation. This is done through burning various fuels such as oil, natural gases and bio fuels. The growing initiatives for the deployment of CHP technologies for enhancing the energy efficiency and the supportive government initiatives to promote cogeneration are the prominent factors responsible for the growth of the combined heat and power market. In addition, rise in deployment of micro-CHP systems and growing trend for generating power from distributed power generation creats huge opportunity for gas turbine-based combined heat and power market.

MARKET SCOPE
The "Global Combined Heat and Power Market Analysis to 2028" is a specialized and in-depth study of the combined heat and power with a special focus on the global market trend analysis. The report aims to provide an overview of the combined heat and power market with detailed market segmentation by capacity, prime mover, fuel, end-user, and geography. The report provides key statistics on the market status of the leading combined heat and power market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
  • On the basis of capacity the market is segmented into below 10 MW, 10-150 MW, 151-300 MW, Above 300 MW
  • On the basis of prime mover, the market is segmented as gas turbine, steam turbine, reciprocating engine, fuel cell, microturbine, and other
  • On the basis of fuel, the market is segmented as coal, natural gas, biogas/biomass, nuclear, diesel, and others
  • On the basis of end-user, the market is segmented as residential, commercial, industrial, utilities
MARKET DYNAMICS

Drivers    
  • Government incentives and favourable policies promotes combined heat power generation
  • Significant benefits of combined heat power systems drives the market growth
Restraints
  • Increased installation and maintenance costs of CHP systems restraints the market growth


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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The combined heat and power market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the combined heat and power market in these regions.

IMPACT OF COVID-19 ON COMBINED HEAT AND POWER MARKET
The outbreak of the COVID-19 pandemic has severely impacted the energy and power industry, which resulted decline market growth in the year 2020. The emergence of the COVID-19 pandemic has slowed the growth of the combined heat and power market, as countries were forced to implement lockdowns during the first half of 2020. Strict guidelines were issued by governments and local authorities, and all non-essential operations were halted. This significantly affected the CHP market owing to the suspension of activities of end-users. In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the combined heat and power market, since CHP systems were still not operating at their full capacity. However, from the second half of 2021, the reopening of industrial operations and manufacturing facilities have fueled the energy demand which further augmented the market dynamics for combined heat and power market. During the pandemic recovery period, there has been witnessed government support for generating the power from cogeneration plants wherein favourable policies, incentives and subsidies have strengthened the demand for cogeneration which aids the market growth.



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MARKET PLAYERS

The report covers key developments in the combined heat and power market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in the combined heat and power market are anticipated to provide lucrative growth opportunities in the future owing to rise in deployment of micro-combined heat power systems.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the combined heat and power market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • Wärtsilä
  • Veolia
  • General Electric
  • Siemens Energy
  • MAN Energy Solutions SE
  • Caterpillar
  • Clarke Energy
  • FuelCell Energy, Inc.
  • Capstone Green Energy Corporation
  • Cummins Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
 


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Combined Heat And Power Market - By Capacity
1.3.2 Combined Heat And Power Market - By Prime Mover
1.3.3 Combined Heat And Power Market - By Fuel
1.3.4 Combined Heat And Power Market - By End-User
1.3.5 Combined Heat And Power Market - By Region
1.3.5.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. COMBINED HEAT AND POWER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. COMBINED HEAT AND POWER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. COMBINED HEAT AND POWER MARKET - GLOBAL MARKET ANALYSIS
6.1. COMBINED HEAT AND POWER - GLOBAL MARKET OVERVIEW
6.2. COMBINED HEAT AND POWER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. COMBINED HEAT AND POWER MARKET - REVENUE AND FORECASTS TO 2028 - CAPACITY
7.1. OVERVIEW
7.2. CAPACITY MARKET FORECASTS AND ANALYSIS
7.3. BELOW 10 MW
7.3.1. Overview
7.3.2. Below 10 MW Market Forecast and Analysis
7.4. 10-150 MW
7.4.1. Overview
7.4.2. 10-150 MW Market Forecast and Analysis
7.5. 151-300 MW
7.5.1. Overview
7.5.2. 151-300 MW Market Forecast and Analysis
7.6. ABOVE 300 MW
7.6.1. Overview
7.6.2. Above 300 MW Market Forecast and Analysis

8. COMBINED HEAT AND POWER MARKET - REVENUE AND FORECASTS TO 2028 - PRIME MOVER
8.1. OVERVIEW
8.2. PRIME MOVER MARKET FORECASTS AND ANALYSIS
8.3. GAS TURBINE
8.3.1. Overview
8.3.2. Gas Turbine Market Forecast and Analysis
8.4. STEAM TURBINE
8.4.1. Overview
8.4.2. Steam Turbine Market Forecast and Analysis
8.5. RECIPROCATING ENGINE
8.5.1. Overview
8.5.2. Reciprocating Engine Market Forecast and Analysis
8.6. FUEL CELL
8.6.1. Overview
8.6.2. Fuel Cell Market Forecast and Analysis
8.7. MICROTURBINE
8.7.1. Overview
8.7.2. Microturbine Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. COMBINED HEAT AND POWER MARKET - REVENUE AND FORECASTS TO 2028 - FUEL
9.1. OVERVIEW
9.2. FUEL MARKET FORECASTS AND ANALYSIS
9.3. COAL
9.3.1. Overview
9.3.2. Coal Market Forecast and Analysis
9.4. NATURAL GAS
9.4.1. Overview
9.4.2. Natural Gas Market Forecast and Analysis
9.5. BIOGAS/BIOMASS
9.5.1. Overview
9.5.2. Biogas/Biomass Market Forecast and Analysis
9.6. NUCLEAR
9.6.1. Overview
9.6.2. Nuclear Market Forecast and Analysis
9.7. DIESEL
9.7.1. Overview
9.7.2. Diesel Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis

10. COMBINED HEAT AND POWER MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1. OVERVIEW
10.2. END-USER MARKET FORECASTS AND ANALYSIS
10.3. RESIDENTIAL
10.3.1. Overview
10.3.2. Residential Market Forecast and Analysis
10.4. COMMERCIAL
10.4.1. Overview
10.4.2. Commercial Market Forecast and Analysis
10.5. INDUSTRIAL
10.5.1. Overview
10.5.2. Industrial Market Forecast and Analysis
10.6. UTILITIES
10.6.1. Overview
10.6.2. Utilities Market Forecast and Analysis

11. COMBINED HEAT AND POWER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Combined Heat And Power Market Overview
11.1.2 North America Combined Heat And Power Market Forecasts and Analysis
11.1.3 North America Combined Heat And Power Market Forecasts and Analysis - By Capacity
11.1.4 North America Combined Heat And Power Market Forecasts and Analysis - By Prime Mover
11.1.5 North America Combined Heat And Power Market Forecasts and Analysis - By Fuel
11.1.6 North America Combined Heat And Power Market Forecasts and Analysis - By End-User
11.1.7 North America Combined Heat And Power Market Forecasts and Analysis - By Countries
11.1.7.1 United States Combined Heat And Power Market
11.1.7.1.1 United States Combined Heat And Power Market by Capacity
11.1.7.1.2 United States Combined Heat And Power Market by Prime Mover
11.1.7.1.3 United States Combined Heat And Power Market by Fuel
11.1.7.1.4 United States Combined Heat And Power Market by End-User
11.1.7.2 Canada Combined Heat And Power Market
11.1.7.2.1 Canada Combined Heat And Power Market by Capacity
11.1.7.2.2 Canada Combined Heat And Power Market by Prime Mover
11.1.7.2.3 Canada Combined Heat And Power Market by Fuel
11.1.7.2.4 Canada Combined Heat And Power Market by End-User
11.1.7.3 Mexico Combined Heat And Power Market
11.1.7.3.1 Mexico Combined Heat And Power Market by Capacity
11.1.7.3.2 Mexico Combined Heat And Power Market by Prime Mover
11.1.7.3.3 Mexico Combined Heat And Power Market by Fuel
11.1.7.3.4 Mexico Combined Heat And Power Market by End-User
11.2. EUROPE
11.2.1 Europe Combined Heat And Power Market Overview
11.2.2 Europe Combined Heat And Power Market Forecasts and Analysis
11.2.3 Europe Combined Heat And Power Market Forecasts and Analysis - By Capacity
11.2.4 Europe Combined Heat And Power Market Forecasts and Analysis - By Prime Mover
11.2.5 Europe Combined Heat And Power Market Forecasts and Analysis - By Fuel
11.2.6 Europe Combined Heat And Power Market Forecasts and Analysis - By End-User
11.2.7 Europe Combined Heat And Power Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Combined Heat And Power Market
11.2.7.1.1 Germany Combined Heat And Power Market by Capacity
11.2.7.1.2 Germany Combined Heat And Power Market by Prime Mover
11.2.7.1.3 Germany Combined Heat And Power Market by Fuel
11.2.7.1.4 Germany Combined Heat And Power Market by End-User
11.2.7.2 France Combined Heat And Power Market
11.2.7.2.1 France Combined Heat And Power Market by Capacity
11.2.7.2.2 France Combined Heat And Power Market by Prime Mover
11.2.7.2.3 France Combined Heat And Power Market by Fuel
11.2.7.2.4 France Combined Heat And Power Market by End-User
11.2.7.3 Italy Combined Heat And Power Market
11.2.7.3.1 Italy Combined Heat And Power Market by Capacity
11.2.7.3.2 Italy Combined Heat And Power Market by Prime Mover
11.2.7.3.3 Italy Combined Heat And Power Market by Fuel
11.2.7.3.4 Italy Combined Heat And Power Market by End-User
11.2.7.4 United Kingdom Combined Heat And Power Market
11.2.7.4.1 United Kingdom Combined Heat And Power Market by Capacity
11.2.7.4.2 United Kingdom Combined Heat And Power Market by Prime Mover
11.2.7.4.3 United Kingdom Combined Heat And Power Market by Fuel
11.2.7.4.4 United Kingdom Combined Heat And Power Market by End-User
11.2.7.5 Russia Combined Heat And Power Market
11.2.7.5.1 Russia Combined Heat And Power Market by Capacity
11.2.7.5.2 Russia Combined Heat And Power Market by Prime Mover
11.2.7.5.3 Russia Combined Heat And Power Market by Fuel
11.2.7.5.4 Russia Combined Heat And Power Market by End-User
11.2.7.6 Rest of Europe Combined Heat And Power Market
11.2.7.6.1 Rest of Europe Combined Heat And Power Market by Capacity
11.2.7.6.2 Rest of Europe Combined Heat And Power Market by Prime Mover
11.2.7.6.3 Rest of Europe Combined Heat And Power Market by Fuel
11.2.7.6.4 Rest of Europe Combined Heat And Power Market by End-User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Combined Heat And Power Market Overview
11.3.2 Asia-Pacific Combined Heat And Power Market Forecasts and Analysis
11.3.3 Asia-Pacific Combined Heat And Power Market Forecasts and Analysis - By Capacity
11.3.4 Asia-Pacific Combined Heat And Power Market Forecasts and Analysis - By Prime Mover
11.3.5 Asia-Pacific Combined Heat And Power Market Forecasts and Analysis - By Fuel
11.3.6 Asia-Pacific Combined Heat And Power Market Forecasts and Analysis - By End-User
11.3.7 Asia-Pacific Combined Heat And Power Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Combined Heat And Power Market
11.3.7.1.1 Australia Combined Heat And Power Market by Capacity
11.3.7.1.2 Australia Combined Heat And Power Market by Prime Mover
11.3.7.1.3 Australia Combined Heat And Power Market by Fuel
11.3.7.1.4 Australia Combined Heat And Power Market by End-User
11.3.7.2 China Combined Heat And Power Market
11.3.7.2.1 China Combined Heat And Power Market by Capacity
11.3.7.2.2 China Combined Heat And Power Market by Prime Mover
11.3.7.2.3 China Combined Heat And Power Market by Fuel
11.3.7.2.4 China Combined Heat And Power Market by End-User
11.3.7.3 India Combined Heat And Power Market
11.3.7.3.1 India Combined Heat And Power Market by Capacity
11.3.7.3.2 India Combined Heat And Power Market by Prime Mover
11.3.7.3.3 India Combined Heat And Power Market by Fuel
11.3.7.3.4 India Combined Heat And Power Market by End-User
11.3.7.4 Japan Combined Heat And Power Market
11.3.7.4.1 Japan Combined Heat And Power Market by Capacity
11.3.7.4.2 Japan Combined Heat And Power Market by Prime Mover
11.3.7.4.3 Japan Combined Heat And Power Market by Fuel
11.3.7.4.4 Japan Combined Heat And Power Market by End-User
11.3.7.5 South Korea Combined Heat And Power Market
11.3.7.5.1 South Korea Combined Heat And Power Market by Capacity
11.3.7.5.2 South Korea Combined Heat And Power Market by Prime Mover
11.3.7.5.3 South Korea Combined Heat And Power Market by Fuel
11.3.7.5.4 South Korea Combined Heat And Power Market by End-User
11.3.7.6 Rest of Asia-Pacific Combined Heat And Power Market
11.3.7.6.1 Rest of Asia-Pacific Combined Heat And Power Market by Capacity
11.3.7.6.2 Rest of Asia-Pacific Combined Heat And Power Market by Prime Mover
11.3.7.6.3 Rest of Asia-Pacific Combined Heat And Power Market by Fuel
11.3.7.6.4 Rest of Asia-Pacific Combined Heat And Power Market by End-User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Combined Heat And Power Market Overview
11.4.2 Middle East and Africa Combined Heat And Power Market Forecasts and Analysis
11.4.3 Middle East and Africa Combined Heat And Power Market Forecasts and Analysis - By Capacity
11.4.4 Middle East and Africa Combined Heat And Power Market Forecasts and Analysis - By Prime Mover
11.4.5 Middle East and Africa Combined Heat And Power Market Forecasts and Analysis - By Fuel
11.4.6 Middle East and Africa Combined Heat And Power Market Forecasts and Analysis - By End-User
11.4.7 Middle East and Africa Combined Heat And Power Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Combined Heat And Power Market
11.4.7.1.1 South Africa Combined Heat And Power Market by Capacity
11.4.7.1.2 South Africa Combined Heat And Power Market by Prime Mover
11.4.7.1.3 South Africa Combined Heat And Power Market by Fuel
11.4.7.1.4 South Africa Combined Heat And Power Market by End-User
11.4.7.2 Saudi Arabia Combined Heat And Power Market
11.4.7.2.1 Saudi Arabia Combined Heat And Power Market by Capacity
11.4.7.2.2 Saudi Arabia Combined Heat And Power Market by Prime Mover
11.4.7.2.3 Saudi Arabia Combined Heat And Power Market by Fuel
11.4.7.2.4 Saudi Arabia Combined Heat And Power Market by End-User
11.4.7.3 U.A.E Combined Heat And Power Market
11.4.7.3.1 U.A.E Combined Heat And Power Market by Capacity
11.4.7.3.2 U.A.E Combined Heat And Power Market by Prime Mover
11.4.7.3.3 U.A.E Combined Heat And Power Market by Fuel
11.4.7.3.4 U.A.E Combined Heat And Power Market by End-User
11.4.7.4 Rest of Middle East and Africa Combined Heat And Power Market
11.4.7.4.1 Rest of Middle East and Africa Combined Heat And Power Market by Capacity
11.4.7.4.2 Rest of Middle East and Africa Combined Heat And Power Market by Prime Mover
11.4.7.4.3 Rest of Middle East and Africa Combined Heat And Power Market by Fuel
11.4.7.4.4 Rest of Middle East and Africa Combined Heat And Power Market by End-User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Combined Heat And Power Market Overview
11.5.2 South and Central America Combined Heat And Power Market Forecasts and Analysis
11.5.3 South and Central America Combined Heat And Power Market Forecasts and Analysis - By Capacity
11.5.4 South and Central America Combined Heat And Power Market Forecasts and Analysis - By Prime Mover
11.5.5 South and Central America Combined Heat And Power Market Forecasts and Analysis - By Fuel
11.5.6 South and Central America Combined Heat And Power Market Forecasts and Analysis - By End-User
11.5.7 South and Central America Combined Heat And Power Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Combined Heat And Power Market
11.5.7.1.1 Brazil Combined Heat And Power Market by Capacity
11.5.7.1.2 Brazil Combined Heat And Power Market by Prime Mover
11.5.7.1.3 Brazil Combined Heat And Power Market by Fuel
11.5.7.1.4 Brazil Combined Heat And Power Market by End-User
11.5.7.2 Argentina Combined Heat And Power Market
11.5.7.2.1 Argentina Combined Heat And Power Market by Capacity
11.5.7.2.2 Argentina Combined Heat And Power Market by Prime Mover
11.5.7.2.3 Argentina Combined Heat And Power Market by Fuel
11.5.7.2.4 Argentina Combined Heat And Power Market by End-User
11.5.7.3 Rest of South and Central America Combined Heat And Power Market
11.5.7.3.1 Rest of South and Central America Combined Heat And Power Market by Capacity
11.5.7.3.2 Rest of South and Central America Combined Heat And Power Market by Prime Mover
11.5.7.3.3 Rest of South and Central America Combined Heat And Power Market by Fuel
11.5.7.3.4 Rest of South and Central America Combined Heat And Power Market by End-User

12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13. COMBINED HEAT AND POWER MARKET, KEY COMPANY PROFILES
13.1. WäRTSILä
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. VEOLIA
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. GENERAL ELECTRIC
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. SIEMENS ENERGY
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. MAN ENERGY SOLUTIONS SE
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. CATERPILLAR
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. CLARKE ENERGY
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. FUELCELL ENERGY, INC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. CAPSTONE GREEN ENERGY CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. CUMMINA
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments

14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS

The List Of Companies

  1. Wärtsilä
  2. Veolia
  3. General Electric
  4. Siemens Energy
  5. MAN Energy Solutions SE
  6. Caterpillar
  7. Clarke Energy
  8. FuelCell Energy, Inc.
  9. Capstone Green Energy Corporation
  10. Cummina
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