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Micro Combined Heat & Power (CHP) Market, by Project Type (Coal, Natural Gas, Biogas/Biomass, Nuclear, Diesel, Others (Biodiesel and Geothermal)), Process (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine), Grid Type (Up to 10 MW, 10 MW to 150 MW, 150 MW to 300 MW, Above 300 MW), Propulsion (Utilities, District Heating and Cooling, On-site Industrial, On-site Commercial, Residential): Global Opportunity Analysis and Industry Forecast, 2020-2027

EN20113657

Pages: 143

Mar 2023

The global micro combined heat & power (chp) market is estimated to surpass $35,768.5 million by 2027, exhibiting a CAGR of 6.2% from 2020 to 2027.

WHAT DOES THE REPORT INCLUDE?

You can get a clear overview of the current market scenario along with future trends of the global micro combined heat & power (chp) market. The report will also provide you knowledge of various market dynamics and vital elements influencing the market. In the market dynamics section, the drivers and opportunities in the market contributing to the market growth are acknowledged. Besides, challenges and restraints that hold potential to hamper the market growth have also been mentioned in the report. Porter’s five forces analysis is delivered through the report which precisely highlights the effects of key forces on the global micro combined heat & power (chp) market.

The report offers estimations of market size and analyzes the global micro combined heat & power (chp) market for the forecast period by bifurcating the market in various segments. The report also includes elaborated geographical analysis of the market. Each segment entailed in the report is studied at regional and country level as well to get the overview of the market. The report has categorized the market into four major geographical regions including North America, Europe, Asia-Pacific, and LAMEA for a systematic study. These geographies are further sub-categorized into countries to cover the micro combined heat & power (chp) market scenario across respective regions.

Going further, the report highlights the competitive scenario of the global micro combined heat & power (chp) market. The key players operating in the global micro combined heat & power (chp) market are studied in the report to understand their current market position and competitive strengths in the industry. The report profiles 10 companies leading the industry. Moreover, the company profiles include various data-points such as company overview, company executives, recent financials of the company, major growth strategies advocated by company, new initiatives and advancements by company to sustain their position in the global micro combined heat & power (chp) market.

KEY BENEFITS OF THE REPORT

  • The report is a compilation of detailed information, inputs from industry participants and industry experts across the value chain, and quantitative and qualitative assessment by industry analysts
  • This report provides in-depth analysis of current market trends, governing factors, macro-economic indicators from 2019 to 2027 to identify & understand the prevailing opportunities and the strategic assessment of the growth of the global micro combined heat & power (chp) market
  • The report maps the qualitative sway of various industry factors on market segments as well as geographies
  • The market estimations and size provided in the report are based on a comprehensive analysis of recent & futuristic key developments in the micro combined heat & power (chp) market
  • The growth and development strategies adopted by the prominent industry players are enlisted in the report to understand the competitive scenario of the micro combined heat & power (chp) market

KEY MARKET SEGMENTS

The global micro combined heat & power (chp) market is segmented as follows:

  • Project Type: Coal, Natural Gas, Biogas/Biomass, Nuclear, Diesel, Others (Biodiesel and Geothermal)
  • Process: Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine
  • Grid Type: Up to 10 MW, 10 MW to 150 MW, 150 MW to 300 MW, Above 300 MW
  • Propulsion: Utilities, District Heating and Cooling, On-site Industrial, On-site Commercial, Residential
  • Region: North America, Europe, Asia Pacific, and LAMEA

This segment is further sub-segmented into the following regions:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of LAMEA

LEADING MARKET PLAYERS

The global micro combined heat & power (chp) market is expected to flourish with the active and strong presence of a large number of big companies. These market players focus upon the innovation and the expansion of product portfolios to acquire a competitive edge in the market space. The report summarizes various aspects of all these key players including financial performance, product portfolio, recent strategic moves & developments, and SWOT analysis.

The leading companies of the global micro combined heat & power (chp) market include,

    1. GE

    2. Siemens

    3. Veolia

    4. Wartsila

    5. 2G Energy

    6. Man Diesel & Turbo

    7. Mitsubishi Hitachi Power Systems

    8. Clarke Energy

    9. Caterpillar Energy Solutions

    10. AB Holding

    11. Capstone

    12. Fuel Cell Energy

Research Methodology

We offer our clients comprehensive research and analysis based on an extensive variety of factual inputs, which mostly include industry participants’ interviews, reliable statistics, and regional acumen. The in-house market experts play an impactful role in designing analytic models and tools, personalized to the requirements of a market segment. These analytical models and tools sterilize the data and statistics and enrich the accuracy of our advice and recommendations.

For accomplishment of this research report, long hours of discussions and interviews have been conducted, with an extensive range of stakeholders that includes upstream and downstream participants. A number of product type literatures, annual reports, industry releases, and other related documents of key industry contributors have been reviewed, for better understanding of the market. We have executed a mix of primary and secondary research for the market estimates and forecasts. Secondary research formulae the initial phase of our detailed study, where we conduct wide-range data mining, referring to certified data sources such as technical journals, medical journals, independent studies, trade association’s releases, materials published by government and regulatory authorities.

  • 1. RESEARCH METHODOLOGY

    • 1.1. Desk Research

    • 1.2. Real time insights and validation

    • 1.3. Forecast model

    • 1.4. Assumptions and forecast parameters

    • 1.5. Market size estimation

      • 1.5.1. Top-down approach

      • 1.5.2. Bottom-up approach

  • 2. REPORT SCOPE

    • 2.1. Market definition

    • 2.2. Key objectives of the study

    • 2.3. Report overview

    • 2.4. Market segmentation

    • 2.5. Overview of the impact of COVID-19 on Global Micro Combined Heat & Power (CHP) Market

  • 3. EXECUTIVE SUMMARY

  • 4. MARKET OVERVIEW

    • 4.1. Introduction

    • 4.2. Growth impact forces

      • 4.2.1. Drivers

      • 4.2.2. Restraints

      • 4.2.3. Opportunities

    • 4.3. Market value chain analysis

      • 4.3.1. List of raw material suppliers

      • 4.3.2. List of manufacturers

      • 4.3.3. List of distributors

    • 4.4. Innovation & sustainability matrices

      • 4.4.1. Technology matrix

      • 4.4.2. Regulatory matrix

    • 4.5. Porter’s five forces analysis

      • 4.5.1. Bargaining power of suppliers

      • 4.5.2. Bargaining power of consumers

      • 4.5.3. Threat of substitutes

      • 4.5.4. Threat of new entrants

      • 4.5.5. Competitive rivalry intensity

    • 4.6. PESTLE analysis

      • 4.6.1. Political

      • 4.6.2. Economical

      • 4.6.3. Social

      • 4.6.4. Technological

      • 4.6.5. Environmental

    • 4.7. Impact of COVID-19 on Micro Combined Heat & Power (CHP) Market

      • 4.7.1. Pre-covid market scenario

      • 4.7.2. Post-covid market scenario

  • 5. Micro Combined Heat & Power (CHP) Market, By Project Type

    • 5.1. Overview

    • 5.2 Coal

      • 5.2.1 Definition, key trends, growth factors, and opportunities

      • 5.2.2 Market size analysis, by region, 2020-2027

      • 5.2.3 Market share analysis, by country, 2020-2027

    • 5.3 Natural Gas

      • 5.3.1 Definition, key trends, growth factors, and opportunities

      • 5.3.2 Market size analysis, by region, 2020-2027

      • 5.3.3 Market share analysis, by country, 2020-2027

    • 5.4 Biogas/Biomass

      • 5.4.1 Definition, key trends, growth factors, and opportunities

      • 5.4.2 Market size analysis, by region, 2020-2027

      • 5.4.3 Market share analysis, by country, 2020-2027

    • 5.5 Nuclear

      • 5.5.1 Definition, key trends, growth factors, and opportunities

      • 5.5.2 Market size analysis, by region, 2020-2027

      • 5.5.3 Market share analysis, by country, 2020-2027

    • 5.6 Diesel

      • 5.6.1 Definition, key trends, growth factors, and opportunities

      • 5.6.2 Market size analysis, by region, 2020-2027

      • 5.6.3 Market share analysis, by country, 2020-2027

    • 5.7 Others (Biodiesel and Geothermal)

      • 5.7.1 Definition, key trends, growth factors, and opportunities

      • 5.7.2 Market size analysis, by region, 2020-2027

      • 5.7.3 Market share analysis, by country, 2020-2027

    • 5.8 Research Dive Exclusive Insights

      • 5.8.1 Market attractiveness

      • 5.8.2 Competition heatmap

  • 6. Micro Combined Heat & Power (CHP) Market, By Process

    • 6.1. Overview

    • 6.2 Gas Turbine

      • 6.2.1 Definition, key trends, growth factors, and opportunities

      • 6.2.2 Market size analysis, by region, 2020-2027

      • 6.2.3 Market share analysis, by country, 2020-2027

    • 6.3 Steam Turbine

      • 6.3.1 Definition, key trends, growth factors, and opportunities

      • 6.3.2 Market size analysis, by region, 2020-2027

      • 6.3.3 Market share analysis, by country, 2020-2027

    • 6.4 Reciprocating Engine

      • 6.4.1 Definition, key trends, growth factors, and opportunities

      • 6.4.2 Market size analysis, by region, 2020-2027

      • 6.4.3 Market share analysis, by country, 2020-2027

    • 6.5 Fuel Cell

      • 6.5.1 Definition, key trends, growth factors, and opportunities

      • 6.5.2 Market size analysis, by region, 2020-2027

      • 6.5.3 Market share analysis, by country, 2020-2027

    • 6.6 Microturbine

      • 6.6.1 Definition, key trends, growth factors, and opportunities

      • 6.6.2 Market size analysis, by region, 2020-2027

      • 6.6.3 Market share analysis, by country, 2020-2027

    • 6.7 Research Dive Exclusive Insights

      • 6.7.1 Market attractiveness

      • 6.7.2 Competition heatmap

  • 7. Micro Combined Heat & Power (CHP) Market, By Grid Type

    • 7.1. Overview

    • 7.2 Up to 10 MW

      • 7.2.1 Definition, key trends, growth factors, and opportunities

      • 7.2.2 Market size analysis, by region, 2020-2027

      • 7.2.3 Market share analysis, by country, 2020-2027

    • 7.3 10 MW to 150 MW

      • 7.3.1 Definition, key trends, growth factors, and opportunities

      • 7.3.2 Market size analysis, by region, 2020-2027

      • 7.3.3 Market share analysis, by country, 2020-2027

    • 7.4 150 MW to 300 MW

      • 7.4.1 Definition, key trends, growth factors, and opportunities

      • 7.4.2 Market size analysis, by region, 2020-2027

      • 7.4.3 Market share analysis, by country, 2020-2027

    • 7.5 Above 300 MW

      • 7.5.1 Definition, key trends, growth factors, and opportunities

      • 7.5.2 Market size analysis, by region, 2020-2027

      • 7.5.3 Market share analysis, by country, 2020-2027

    • 7.6 Research Dive Exclusive Insights

      • 7.6.1 Market attractiveness

      • 7.6.2 Competition heatmap

  • 8. Micro Combined Heat & Power (CHP) Market, By Propulsion

    • 8.1. Overview

    • 8.2 Utilities

      • 8.2.1 Definition, key trends, growth factors, and opportunities

      • 8.2.2 Market size analysis, by region, 2020-2027

      • 8.2.3 Market share analysis, by country, 2020-2027

    • 8.3 District Heating and Cooling

      • 8.3.1 Definition, key trends, growth factors, and opportunities

      • 8.3.2 Market size analysis, by region, 2020-2027

      • 8.3.3 Market share analysis, by country, 2020-2027

    • 8.4 On-site Industrial

      • 8.4.1 Definition, key trends, growth factors, and opportunities

      • 8.4.2 Market size analysis, by region, 2020-2027

      • 8.4.3 Market share analysis, by country, 2020-2027

    • 8.5 On-site Commercial

      • 8.5.1 Definition, key trends, growth factors, and opportunities

      • 8.5.2 Market size analysis, by region, 2020-2027

      • 8.5.3 Market share analysis, by country, 2020-2027

    • 8.6 Residential

      • 8.6.1 Definition, key trends, growth factors, and opportunities

      • 8.6.2 Market size analysis, by region, 2020-2027

      • 8.6.3 Market share analysis, by country, 2020-2027

    • 8.7 Research Dive Exclusive Insights

      • 8.7.1 Market attractiveness

      • 8.7.2 Competition heatmap

  • 9. Micro Combined Heat & Power (CHP) Market, By Region

    • 9.1 North America

      • 9.1.1 U.S

        • 9.1.1.1 Market size analysis, By Project Type, 2020-2027

        • 9.1.1.2 Market size analysis, By Process, 2020-2027

        • 9.1.1.3 Market size analysis, By Grid Type , 2020-2027

        • 9.1.1.4 Market size analysis, By Propulsion, 2020-2027

      • 9.1.2 Canada

        • 9.1.2.1 Market size analysis, By Project Type, 2020-2027

        • 9.1.2.2 Market size analysis, By Process, 2020-2027

        • 9.1.2.3 Market size analysis, By Grid Type , 2020-2027

        • 9.1.2.4 Market size analysis, By Propulsion, 2020-2027

      • 9.1.3 Mexico

        • 9.1.3.1 Market size analysis, By Project Type, 2020-2027

        • 9.1.3.2 Market size analysis, By Process, 2020-2027

        • 9.1.3.3 Market size analysis, By Grid Type , 2020-2027

        • 9.1.3.4 Market size analysis, By Propulsion, 2020-2027

      • 9.1.4 Research Dive Exclusive Insights

        • 9.1.4.1 Market attractiveness

        • 9.1.4.2 Competition heatmap

    • 9.2 Europe

      • 9.2.1 Germany

        • 9.2.1.1 Market size analysis, By Project Type, 2020-2027

        • 9.2.1.2 Market size analysis, By Process, 2020-2027

        • 9.2.1.3 Market size analysis, By Grid Type , 2020-2027

        • 9.2.1.4 Market size analysis, By Propulsion, 2020-2027

      • 9.2.2 UK

        • 9.2.2.1 Market size analysis, By Project Type, 2020-2027

        • 9.2.2.2 Market size analysis, By Process, 2020-2027

        • 9.2.2.3 Market size analysis, By Grid Type , 2020-2027

        • 9.2.2.4 Market size analysis, By Propulsion, 2020-2027

      • 9.2.3 France

        • 9.2.3.1 Market size analysis, By Project Type, 2020-2027

        • 9.2.3.2 Market size analysis, By Process, 2020-2027

        • 9.2.3.3 Market size analysis, By Grid Type , 2020-2027

        • 9.2.3.4 Market size analysis, By Propulsion, 2020-2027

      • 9.2.4 Spain

        • 9.2.4.1 Market size analysis, By Project Type, 2020-2027

        • 9.2.4.2 Market size analysis, By Process, 2020-2027

        • 9.2.4.3 Market size analysis, By Grid Type , 2020-2027

        • 9.2.4.4 Market size analysis, By Propulsion, 2020-2027

      • 9.2.5 Italy

        • 9.2.5.1 Market size analysis, By Project Type, 2020-2027

        • 9.2.5.2 Market size analysis, By Process, 2020-2027

        • 9.2.5.3 Market size analysis, By Grid Type , 2020-2027

        • 9.2.5.4 Market size analysis, By Propulsion, 2020-2027

      • 9.2.6 Rest of Europe

        • 9.2.6.1 Market size analysis, By Project Type, 2020-2027

        • 9.2.6.2 Market size analysis, By Process, 2020-2027

        • 9.2.6.3 Market size analysis, By Grid Type , 2020-2027

        • 9.2.6.4 Market size analysis, By Propulsion, 2020-2027

      • 9.2.7 Research Dive Exclusive Insights

        • 9.2.7.1 Market attractiveness

        • 9.2.7.2 Competition heatmap

    • 9.3 Asia-Pacific

      • 9.3.1 China

        • 9.3.1.1 Market size analysis, By Project Type, 2020-2027

        • 9.3.1.2 Market size analysis, By Process, 2020-2027

        • 9.3.1.3 Market size analysis, By Grid Type , 2020-2027

        • 9.3.1.4 Market size analysis, By Propulsion, 2020-2027

      • 9.3.2 Japan

        • 9.3.2.1 Market size analysis, By Project Type, 2020-2027

        • 9.3.2.2 Market size analysis, By Process, 2020-2027

        • 9.3.2.3 Market size analysis, By Grid Type , 2020-2027

        • 9.3.2.4 Market size analysis, By Propulsion, 2020-2027

      • 9.3.3 India

        • 9.3.3.1 Market size analysis, By Project Type, 2020-2027

        • 9.3.3.2 Market size analysis, By Process, 2020-2027

        • 9.3.3.3 Market size analysis, By Grid Type , 2020-2027

        • 9.3.3.4 Market size analysis, By Propulsion, 2020-2027

      • 9.3.4 Australia

        • 9.3.4.1 Market size analysis, By Project Type, 2020-2027

        • 9.3.4.2 Market size analysis, By Process, 2020-2027

        • 9.3.4.3 Market size analysis, By Grid Type , 2020-2027

        • 9.3.4.4 Market size analysis, By Propulsion, 2020-2027

      • 9.3.5 South Korea

        • 9.3.5.1 Market size analysis, By Project Type, 2020-2027

        • 9.3.5.2 Market size analysis, By Process, 2020-2027

        • 9.3.5.3 Market size analysis, By Grid Type , 2020-2027

        • 9.3.5.4 Market size analysis, By Propulsion, 2020-2027

      • 9.3.6 Rest of Asia-Pacific

        • 9.3.6.1 Market size analysis, By Project Type, 2020-2027

        • 9.3.6.2 Market size analysis, By Process, 2020-2027

        • 9.3.6.3 Market size analysis, By Grid Type , 2020-2027

        • 9.3.6.4 Market size analysis, By Propulsion, 2020-2027

      • 9.3.7 Research Dive Exclusive Insights

        • 9.3.7.1 Market attractiveness

        • 9.3.7.2 Competition heatmap

    • 9.4 LAMEA

      • 9.4.1 Brazil

        • 9.4.1.1 Market size analysis, By Project Type, 2020-2027

        • 9.4.1.2 Market size analysis, By Process, 2020-2027

        • 9.4.1.3 Market size analysis, By Grid Type , 2020-2027

        • 9.4.1.4 Market size analysis, By Propulsion, 2020-2027

      • 9.4.2 Saudi Arabia

        • 9.4.2.1 Market size analysis, By Project Type, 2020-2027

        • 9.4.2.2 Market size analysis, By Process, 2020-2027

        • 9.4.2.3 Market size analysis, By Grid Type , 2020-2027

        • 9.4.2.4 Market size analysis, By Propulsion, 2020-2027

      • 9.4.3 UAE

        • 9.4.3.1 Market size analysis, By Project Type, 2020-2027

        • 9.4.3.2 Market size analysis, By Process, 2020-2027

        • 9.4.3.3 Market size analysis, By Grid Type , 2020-2027

        • 9.4.3.4 Market size analysis, By Propulsion, 2020-2027

      • 9.4.4 South Africa

        • 9.4.4.1 Market size analysis, By Project Type, 2020-2027

        • 9.4.4.2 Market size analysis, By Process, 2020-2027

        • 9.4.4.3 Market size analysis, By Grid Type , 2020-2027

        • 9.4.4.4 Market size analysis, By Propulsion, 2020-2027

      • 9.4.5 Rest of LAMEA

        • 9.4.5.1 Market size analysis, By Project Type, 2020-2027

        • 9.4.5.2 Market size analysis, By Process, 2020-2027

        • 9.4.5.3 Market size analysis, By Grid Type , 2020-2027

        • 9.4.5.4 Market size analysis, By Propulsion, 2020-2027

      • 9.4.6 Research Dive Exclusive Insights

        • 9.4.6.1 Market attractiveness

        • 9.4.6.2 Competition heatmap

  • 10. Competitive Landscape

    • 10.1 Top winning strategies, 2020-2027

      • 10.1.1 By strategy

      • 10.1.2 By year

    • 10.2 Strategic overview

    • 10.3 Market share analysis, 2020-2027

  • 11. Company Profiles

    • 11.1 GE

      • 11.1.1 Overview

      • 11.1.2 Business segments

      • 11.1.3 Product portfolio

      • 11.1.4 Financial performance

      • 11.1.5 Recent developments

      • 11.1.6 SWOT analysis

    • 11.2 Siemens

      • 11.2.1 Overview

      • 11.2.2 Business segments

      • 11.2.3 Product portfolio

      • 11.2.4 Financial performance

      • 11.2.5 Recent developments

      • 11.2.6 SWOT analysis

    • 11.3 Veolia

      • 11.3.1 Overview

      • 11.3.2 Business segments

      • 11.3.3 Product portfolio

      • 11.3.4 Financial performance

      • 11.3.5 Recent developments

      • 11.3.6 SWOT analysis

    • 11.4 Wartsila

      • 11.4.1 Overview

      • 11.4.2 Business segments

      • 11.4.3 Product portfolio

      • 11.4.4 Financial performance

      • 11.4.5 Recent developments

      • 11.4.6 SWOT analysis

    • 11.5 2G Energy

      • 11.5.1 Overview

      • 11.5.2 Business segments

      • 11.5.3 Product portfolio

      • 11.5.4 Financial performance

      • 11.5.5 Recent developments

      • 11.5.6 SWOT analysis

    • 11.6 Man Diesel & Turbo

      • 11.6.1 Overview

      • 11.6.2 Business segments

      • 11.6.3 Product portfolio

      • 11.6.4 Financial performance

      • 11.6.5 Recent developments

      • 11.6.6 SWOT analysis

    • 11.7 Mitsubishi Hitachi Power Systems

      • 11.7.1 Overview

      • 11.7.2 Business segments

      • 11.7.3 Product portfolio

      • 11.7.4 Financial performance

      • 11.7.5 Recent developments

      • 11.7.6 SWOT analysis

    • 11.8 Clarke Energy

      • 11.8.1 Overview

      • 11.8.2 Business segments

      • 11.8.3 Product portfolio

      • 11.8.4 Financial performance

      • 11.8.5 Recent developments

      • 11.8.6 SWOT analysis

    • 11.9 Caterpillar Energy Solutions

      • 11.9.1 Overview

      • 11.9.2 Business segments

      • 11.9.3 Product portfolio

      • 11.9.4 Financial performance

      • 11.9.5 Recent developments

      • 11.9.6 SWOT analysis

    • 11.10 AB Holding

      • 11.10.1 Overview

      • 11.10.2 Business segments

      • 11.10.3 Product portfolio

      • 11.10.4 Financial performance

      • 11.10.5 Recent developments

      • 11.10.6 SWOT analysis

    • 11.11 Capstone

      • 11.11.1 Overview

      • 11.11.2 Business segments

      • 11.11.3 Product portfolio

      • 11.11.4 Financial performance

      • 11.11.5 Recent developments

      • 11.11.6 SWOT analysis

    • 11.12 Fuel Cell Energy

      • 11.12.1 Overview

      • 11.12.2 Business segments

      • 11.12.3 Product portfolio

      • 11.12.4 Financial performance

      • 11.12.5 Recent developments

      • 11.12.6 SWOT analysis

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