Global Combined Heat and Power (CHP) Market 2022-2026

Global Combined Heat And Power (CHP) Market 2022-2026

Technavio has been monitoring the combined heat and power (CHP) market and it is poised to grow by $ 8.35 bn during 2022-2026, progressing at a CAGR of 6.57% during the forecast period. Our report on the combined heat and power (CHP) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising world energy demand, economic and environmental benefits, and favorable government regulations.

The combined heat and power (CHP) market analysis includes the end-user segment and geographic landscape.

Technavio's combined heat and power (CHP) market is segmented as below:

By End-user

• Natural gas
• Coal
• Others

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• The Middle East and Africa

This study identifies technological developments as one of the prime reasons driving the combined heat and power (CHP) market growth during the next few years. Also, the growing need for clean energy fuel and the rising popularity of distributed energy generation will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the combined heat and power (CHP) market covers the following areas:

• Combined heat and power (CHP) market sizing
• Combined heat and power (CHP) market forecast
• Combined heat and power (CHP) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading combined heat and power (CHP) market vendors that include 2G Energy AG, AB Holding Spa, ABB Ltd., Ameresco Inc., Capstone Green Energy Corp., Caterpillar Inc., Cummins Inc., Electricite de France SA, FuelCell Energy Inc., General Electric Co., Helec Ltd., HoSt Holding BV, Kawasaki Heavy Industries Ltd., Kraft Power Corp., Micro Turbine Technology (MTT) BV, Mitsubishi Heavy Industries Ltd., Robert Bosch GmbH, Rolls-Royce Plc, Siemens AG, Traton SE, Veolia Environment SA, and Wartsila Corp. Also, the combined heat and power (CHP) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

2G Energy AG, AB Holding Spa, ABB Ltd., Ameresco Inc., Capstone Green Energy Corp., Caterpillar Inc., Cummins Inc., Electricite de France SA, FuelCell Energy Inc., General Electric Co., Helec Ltd., HoSt Holding BV, Kawasaki Heavy Industries Ltd., Kraft Power Corp., Micro Turbine Technology (MTT) BV, Mitsubishi Heavy Industries Ltd., Robert Bosch GmbH, Rolls-Royce Plc, Siemens AG, Traton SE, Veolia Environment SA, Wartsila Corp.