Global Commercial Combined Heat and Power (CHP) System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Commercial Combined Heat and Power (CHP) System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Combined heat and power (CHP) is a highly efficient process that captures and utilizes the heat that is a by-product of the electricity generation process. By generating heat and power simultaneously, CHP can reduce carbon emissions by up to 30% compared to the separate means of conventional generation via a boiler and power station.

The heat generated during this process is supplied to an appropriately matched heat demand that would otherwise be met by a conventional boiler. CHP systems are highly efficient, making use of the heat which would otherwise be wasted when generating electrical or mechanical power. This allows heat requirements to be met that would otherwise require additional fuel to be burnt.

For many organizations, CHP is the measure that offers the most significant single opportunity to reduce energy costs and to improve environmental performance with existing users of CHP typically saving around 20% of their energy costs.

Combined heat and power (CHP) systems for homes or small commercial buildings are often fueled by natural gas to produce electricity and heat. This report studies the Commercial Combined Heat and Power (CHP) System market, mainly used in the residential, service sector and others.

According to our (Global Info Research) latest study, the global Commercial Combined Heat and Power (CHP) System market size was valued at US$ 3684 million in 2023 and is forecast to a readjusted size of USD 5824 million by 2030 with a CAGR of 6.8% during review period.

Global Commercial Combined Heat and Power (CHP) System key players include Siemens, BOSCH THERMOTECHNIK, E.ON, GE, ABB, etc. Global top five manufacturers hold a share over 30%.

Europe is the largest market, with a share over 40%, followed by China, and North America, both have a share about 35 percent.

In terms of product, Small Scale CHP is the largest segment, with a share over 65%. And in terms of application, the largest application is Office Buildings, followed by Service Sector, etc.

This report is a detailed and comprehensive analysis for global Commercial Combined Heat and Power (CHP) System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Commercial Combined Heat and Power (CHP) System market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/KW), 2019-2030

Global Commercial Combined Heat and Power (CHP) System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/KW), 2019-2030

Global Commercial Combined Heat and Power (CHP) System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/KW), 2019-2030

Global Commercial Combined Heat and Power (CHP) System market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (USD/KW), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Commercial Combined Heat and Power (CHP) System

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Commercial Combined Heat and Power (CHP) System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, BOSCH THERMOTECHNIK, GE, E.ON, ABB, 2G Energy, BDR Thermea Group, Caterpillar, Centrica, CAPSTONE TURBINE CORP., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Commercial Combined Heat and Power (CHP) System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Large Scale CHP
Small Scale CHP
Micro Scale CHP

Market segment by Application
Office Buildings
Service Sector
Others

Major players covered
Siemens
BOSCH THERMOTECHNIK
GE
E.ON
ABB
2G Energy
BDR Thermea Group
Caterpillar
Centrica
CAPSTONE TURBINE CORP.
DOOSAN FUEL CELL AMERICA
Edina
Ameresco
Exelon
E3 NV

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Commercial Combined Heat and Power (CHP) System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Commercial Combined Heat and Power (CHP) System, with price, sales quantity, revenue, and global market share of Commercial Combined Heat and Power (CHP) System from 2019 to 2024.

Chapter 3, the Commercial Combined Heat and Power (CHP) System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Commercial Combined Heat and Power (CHP) System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Commercial Combined Heat and Power (CHP) System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Commercial Combined Heat and Power (CHP) System.

Chapter 14 and 15, to describe Commercial Combined Heat and Power (CHP) System sales channel, distributors, customers, research findings and conclusion.