Global Commercial Combined Heat and Power (CHP) System Market Growth 2025-2031

Global Commercial Combined Heat and Power (CHP) System Market Growth 2025-2031

The global Commercial Combined Heat and Power (CHP) System market size is predicted to grow from US$ 3724 million in 2025 to US$ 5671 million in 2031; it is expected to grow at a CAGR of 7.3% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Commercial Combined Heat and Power (CHP) System Industry Forecast” looks at past sales and reviews total world Commercial Combined Heat and Power (CHP) System sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial Combined Heat and Power (CHP) System sales for 2025 through 2031. With Commercial Combined Heat and Power (CHP) System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Combined Heat and Power (CHP) System industry.

This Insight Report provides a comprehensive analysis of the global Commercial Combined Heat and Power (CHP) System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Combined Heat and Power (CHP) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Combined Heat and Power (CHP) System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Combined Heat and Power (CHP) System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Combined Heat and Power (CHP) System.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Combined Heat and Power (CHP) System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Large Scale CHP
Small Scale CHP
Micro Scale CHP

Segmentation by Application:
Office Buildings
Service Sector
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Commercial Combined Heat and Power (CHP) System market?

What factors are driving Commercial Combined Heat and Power (CHP) System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Commercial Combined Heat and Power (CHP) System market opportunities vary by end market size?

How does Commercial Combined Heat and Power (CHP) System break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.