Combined Heat & Power Market by Capacity, Prime Mover, End-User - Global Forecast to 2023

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Combined Heat Power Market by Capacity, Prime
Mover, End-User - Global Forecast to 2023
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The Above 300 MW segment is expected to hold the
largest share of the CHP market, by capacity,
during the forecast period. The Above 300 MW
segment consists of large coal, nuclear, or
natural gas fired power plants, with gas turbines
and steam turbines as the prime movers. The
segment caters mainly to the utilities, district
heating cooling end-users. The segment is
expected to be driven by the rising adoption of
natural gas fired power generation in the Asia
Pacific region, particularly in China and South
Korea. The phasing out of coal-based power
generation has given rise to large-scale natural
gas-fired cogeneration plants. The rapid demand
for heat and steam in industries and requirement
of municipal district heating cooling is
driving the growth in this segment. PDF
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The utilities, district heating cooling segment
is expected to dominate the CHP market, by
end-user, in 2018. The utilities, district
heating cooling segment refers to the supply of
thermal energy generated at a central facility
for applications such as space heating or water
heating, steam provision throughout a city or
district, and industrial complex or for cooling
through trigeneration to provide chilled water.
Utilities can use CHP systems to monetize heat
generated as a by-product of electricity
generation, combined with the savings from high
operational efficiency of these systems to up to
as much as 80 as compared with just 30 for
non-CHP setup. The market for utilities, district
heating cooling segment will be driven by
increasing energy efficiency regulations and
compliance needs for utilities, the need to
reduce carbon emissions and the cost savings
offered by CHP systems, especially in regions of
Europe and Asia Pacific. Request for
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Browse gtgt 77 market data
tables 35 figures
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Combined Heat Power Market - Global Forecast
to 2023 Early buyers will receive 10
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Asia Pacific Expected to be the leading market
for CHP during the forecast period. The CHP
market has been analyzed with respect to 6
regions, namely, North America, Europe, Asia
Pacific, South America, the Middle East, and
Africa. The market in Asia Pacific is expected to
lead the CHP market, by region. The increase in
natural gas in the energy mix and need for energy
efficiency in countries such as China, South
Korea, and India is driving the market for CHP in
the region. Rise in distributed power generation
and emerging technologies such as fuel cell based
micro-CHP has opened new opportunities for growth
in the region. Request Sample _at_
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• Target Audience
• The target audience of this report includes
• Consulting companies in the energy sector
• EPC contractors for CHP
• Reciprocating engine manufactures
• Gas and steam turbine manufactures
• Fuel cell and microturbine manufactures
• Environmental associations
• Government and research organizations
• Distributed energy associations
• Investment banks
• Power companies
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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the CHP
  market. These include
• GE (US),
• Siemens (Germany),
• 2G Energy (Germany),
• Wärtsilä (Finland),
• Mitsubishi Hitachi Power System (Japan),
• FuelCell Energy (US),
• Clarke Energy (UK), etc.
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