Micro Combined Heat Power Global Market Outlook 20172023 [Report Updated: 01062017] Prices from USD $4150
According to Stratistics MRC, the Global Micro Combined Heat Power Market is accounted for $2.61 billion in 2016 and is expected to reach $7.10 billion by 2023 growing at a CAGR of 15.3% during the forecast period. Factors such as reduction in carbon footprint and favourable government policies are fueling the market growth. However, huge cost and infrastructural hurdles are hampering the market growth. Low cost of natural gas across the globe is a major challenge in the market.
By type, Fuel CellBased segment dominated the global market with largest share owing to the focus on renewable power generation and reduction in carbon emissions. By geography, AsiaPacific is anticipated to account for the largest market share owing to the rapid technological advancements in micro CHP Systems in Japan which comprises to half of the global market share.
Some of the key players in Micro Combined Heat Power market include Whisper Tech Limited, Honda Power, Vaillant Group, Viessmann Group, Ceres Power Holdings PLC, Solid Power, EnerG Cogen International, Qnergy, BDR Thermea Group, Dantherm Power, Yanmar Holdings Co. Ltd., Aisin Group and Topsoe Fuel Cell
Applications Covered:
Commercial
Residential
Types Covered:
Fuel CellBased
EngineBased
Technologies Covered:
Proton Exchange Membrane Fuel Cell PEMFC
Stirling Engine
Internal Combustion Engine
Solid Oxide Fuel Cell SOFC
Rankine Cycle Engine
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of APAC
Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Original Article: Micro Combined Heat Power Global Market Outlook 20172023 [Report Updated: 01062017] Prices from USD $4150
