Combined Heat and Power Installation Market 2016 Trends, Research, Analysis and Review Forecast 2024

Combined Heat and Power (CHP) Installation
Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2014 - 2024
Global Combined Heat and Power Installation Market: Key Trends
The upsurge in the consumption of fuel derived from biomass, wood, and waste
heat, is likely to boost the installation of combined heat and power (CHP) across the
globe. Transparency Market Research forecasts the global CHP installation market to
exhibit a CAGR of 4.38% between 2014 and 2024. The prospects for CHP
installations have improved globally in response to the rising energy prices. This,
combined with stringent regulations implemented to curb carbon emissions from
conventional systems, is expected to aid the proliferation of CHP systems
worldwide.
CHP systems run on both renewable and non-renewable fuels such as natural gas,
coal, wood, biomass, oil, and waste heat. They can operate at an efficiency level as
high as 77% to 90% as compared to the 46% efficiency level of conventional
systems. However, the best economics of a CHP system is achieved in cold
climates, when the energy rates are high, prices of natural gas fall, and there is a
continuous demand for heat. Besides this, diverse functionalities offered by CHP
systems also encourage their installation in both colder and hotter regions.
View Report @ http://www.transparencymarketresearch.com/combinedheat-and-power.html
Strong Existing Network of CHPs to Boost their Installation Worldwide
Based on in-depth research, TMR has pegged the combined heat and power
installations worldwide to reach US$812.80 bn by 2024. The global CHP installation
market stood at US$524.89 bn in 2014. The market will further gain impetus from
the strong existing CHP network. The increasing awareness about CHP systems,
particularly in developing nations is likely to translate into increased sales for the
global CHP installation market. These countries are exhibiting high aggregate
demand for energy-efficient technologies, thus creating enough opportunities for
the market to leverage from during the report’s forecast period.
However, TMR expects the value chain of the global combined heat and power
installation market to remain complicated with the prominent companies in the
market adopting forward integration in response to the implementation of stringent

policies by governments. Additionally, high initial cost incurred on the installation of
CHP systems also discourages their widespread deployment. Nevertheless, the
market is expected to find substantial opportunities in the residential and
commercial energy markets in the near future.
Demand for Large-scale CHPs to Increase in Emerging Economies
The global CHP installation market can be broadly bifurcated into micro- and smallscale
CHPs and large-scale CHPs. The latter of these segments has been witnessing
overwhelming demand over the last few years. By revenue, the large-scale CHPs
segment accounted for a share of 85.69% in the market in 2014. However, the
segment is likely to lose a significant portion of its market share in the forthcoming
years as the usage of small-scale CHPs increase globally. Growth exhibited by the
micro- and small-scale CHPs is expected to be the fastest during the forecast period.
Nevertheless, the increasing installation of CHP systems in developing nations such
as India and China will keep the demand for large-scale CHP systems high during
the forecast period.
Get accurate market forecast and analysis on the Combined Heat and
Power (CHP) Installation Market Request a sample to stay abreast on the
key trends impacting this market.
http://www.transparencymarketresearch.com/sample/sample.php?
flag=S&rep_id=966
Easy Availability of Natural Gas Boosts CHP Installations in Europe
Regionally, 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 in 2014. The easy availability of natural gas in Europe makes installation of
CHPs relatively easier and more cost-effective. This has been spurring demand for
CHP installations in countries such as Belgium, Germany, Poland, Italy, and
Netherlands.
The leading vendors in the market are also exploring opportunities in Asia Pacific.
The high demand for small-scale CHPs in Japan, coupled with their increasing
installation across diverse industries, has been boosting demand for the CHP
installation in the region.
The competitive landscape of the global combined heat and power installation
market is highly fragmented. Some of the leading enterprises operating in the
market include 2G Energy AG, Siemens AG, Edina Ltd., Wärtsilä Corporation, ENER-G
Holdings Plc (ENER-G), Clarke Energy Ltd., and others.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global
business information reports and services. Our exclusive blend of quantitative forecasting and
trends analysis provides forward-looking insight for thousands of decision makers. TMR’s

experienced team of analysts, researchers, and consultants, use proprietary data sources and
various tools and techniques to gather, and analyze information. Our business offerings represent
the latest and the most reliable information indispensable for businesses to sustain a competitive
edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals,
chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and
technology. These reports provide in-depth analysis and deep segmentation to possible micro
levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to
provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com