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New Study on Combined Heat and Power (CHP) Installation Market Insights, Forecast to 2022|Key players: Clarke Energy, ENER-G, Wärtsilä
Global Combined Heat and Power (CHP) Installation Market Overview:
According to market analysts, Global Combined Heat and Power (CHP) Installation Market is projected to grow at a high CAGR value from 2018 to 2022
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Increasing demand for energy efficiency in the industries and rising use of natural gas for power generation are the major drivers that would trigger growth in the combined heat & power market. Key factors such as growing awareness about the energy efficient technologies, low fuel pricing and strong government support through policies for installing CHP systems are expected to boost the market for CHP systems, worldwide.
The Combined Heat and Power (CHP) Installation Market is segmented based on Capacity, Prime Mover, Fuel, End-User and Region. On the basis of capacity, the market is sub-segmented into Up to 10 MW, 10–150 MW, 150–300 MW and Above 300 MW. The Above 300 MW segment is expected to hold the largest share of the combined heat & power market during the forecast period.
On the basis of prime mover, the market is sub-segmented into Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell and Microturbine.On the basis of fuel, the market is sub-segmented into Coal, Natural Gas, Biogas/Biomass, Nuclear and other.
On the basis of end-user, the market is sub-segmented into Utilities, District Heating & Cooling, On-site Industrial, On-site Commercial and Residential. 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.
Regionally, the market in Asia Pacific is expected to lead the Combined Heat & Power market. Europe exhibits the most lucrative prospects for the global combined heat and power installation market. The region held a share of 67.96% in the overall market. The easy availability of natural gas in Europe makes installation of CHPs relatively easier and more cost-effective.
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Key Players:
1 Clarke Energy
2 ENER-G
3 Wärtsilä
4 Edina
5 Siemens
6 2G Energy
Key Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2022?
2 What are the key factors driving the Combined Heat and Power (CHP) Installation Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Combined Heat and Power (CHP) Installation Definition
2 Global Combined Heat and Power (CHP) Installation Market Major Player Share and Market Overview
3 Major Player Combined Heat and Power (CHP) Installation Business Introduction
4 Global Combined Heat and Power (CHP) Installation Market Segmentation (Region Level)
5 Global Combined Heat and Power (CHP) Installation Market Segmentation (Type Level)
6 Global Combined Heat and Power (CHP) Installation Market Segmentation (Industry Level)
7 Combined Heat and Power (CHP) Installation Market Forecast 2018-2022
8 Combined Heat and Power (CHP) Installation Segmentation Type
9 Combined Heat and Power (CHP) Installation Segmentation Industry
10 Combined Heat and Power (CHP) Installation Cost Analysis
11 Conclusion
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