Combined Heat and Power (CHP) Market -Market Size, Segmentation, Regulations and Key Country Analysis to 2025

Combined Heat and Power (CHP) Market -Market Size, Segmentation, Regulations and Key Country Analysis to 2025

  • January 2017 •
  • 169 pages •
  • Report ID: 4683552 •
  • Format: PDF
Combined Heat and Power (CHP) Market -Market Size, Segmentation, Regulations and Key Country Analysis to 2025

Summary

Cogeneration or Combined Heat and Power (CHP), is a process in which fuels are used to produce both electrical and thermal energy, leading to a much more efficient use of fuel than in conventional power. Coal, fuel oil, gas, biomass, and biogas are the traditional fuels used for CHP plants.

Worldwide market for CHP is growing rapidly, as is evident from the high year-on-year growth rate of cumulative installed capacity between 2006 and 2015. Europe is the well-established market in CHP whereas emerging economies in Asia-Pacific (excluding China), South and Central America, and the Middle East and Africa are expected to be the major markets in the upcoming period.

CHP is receiving enormous support from various governments around the world in the form of favorable policies and incentives. Governments in different regions are promoting cogeneration technology through various long-term policies, and financial incentives. Strong commitment from these governments for the development of CHP has led to various R&D initiatives and CHP installations, which will drive the market in the upcoming period. During 2016–2025, the global CHP market is expected to increase from 755.2 GW to 971.9 GW at a CAGR of 2.8%.

Currently, Asia-Pacific is the largest regional CHP market in the world will continue to lead during the forecast period. Governments in this region are strongly committed toward having a cleaner energy mix and are supporting the evolution of such technologies through various policies and R&D initiatives. This is expected to drive the CHP market in the Asia-Pacific region making it a good market in which to invest.

China with a share of 34% of total installed capacity was the global leader in terms of the cumulative capacity, and had 250 GW of the total installed capacity as of 2015. China added more new installed CHP capacity than the rest of the world, strengthening the country’s role in the global cogeneration development. The US has the second largest total capacity installed after China. The cumulative CHP capacity of the US was 83.3 GW in 2015 and in the next year capacity is expected to reach 83.7 GW.

The report “Combined Heat and Power (CHP) Market -Market Size, Segmentation, Regulations and Key Country Analysis to 2025” is a comprehensive information and analysis of the global combined heat and power market. The report provides a clear overview of and detailed insight into the global CHP market. It provides data covering historic and forecast market size, market segmentation and installed capacity globally, and in eleven key CHP markets - US, Canada, Mexico, Brazil, Germany, the Netherlands, Russia, the UK, China, India, and Japan.

In particular, this report provides the following analysis -
- Detailed analysis of CHP market study at global level and at key country level, covering countries such as US, Canada, Mexico, Brazil, Germany, the Netherlands, Russia, the UK, China, India, and Japan.
- Provides the historic and forecast data for cumulative and annual installed power capacity for CHP.
- Analysis on major market forces driving or restraining the growth of CHP market at global and regional level.
- Analyzes key market aspects which determine CHP sector and provides information on installed capacity share by fuel, end-user, capacity range & prime mover and key regulations.

Scope

- CHP market study at global level and at key country level, covering countries such as US, Canada, Mexico, Brazil, Germany, the Netherlands, Russia, the UK, China, India, and Japan
- Historic and forecast data for cumulative and annual installed power capacity for CHP
- Information on installed capacity share by fuel, prime mover, end-user and capacity range
- Analysis on major market forces driving or restraining the growth of CHP market at global and regional level
- Market size data at country and global level
- Key policies and regulations supporting the development of CHP market at country level

Reasons to buy

The report will allow you to -
- Facilitate decision-making by providing historical and forecast data in CHP sector
- Develop strategies based on developments in the CHP market
- Maximize potential in the growth of the CHP market
- Identify key partners and business-development avenues
- Respond to your competitors’ business structure, strategies and prospects
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