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Combined Heat and Power (CHP) Market 2025-2029

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    Report

  • 231 Pages
  • August 2025
  • Region: Global
  • TechNavio
  • ID: 5561283
1h Free Analyst Time
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The combined heat and power (CHP) market is forecasted to grow by USD 10.23 billion during 2024-2029, accelerating at a CAGR of 6.5% during the forecast period. The report on the combined heat and power (CHP) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in consumption of energy globally, economic and environmental benefits, and favorable government regulations.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The combined heat and power (CHP) market is segmented as below:

By Product

  • Natural gas
  • Coal
  • Others

By End-user

  • Industrial
  • Commercial
  • Residential

By Technology

  • Reciprocating engine
  • Steam turbine
  • Gas turbine

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the advancements in combined heat and power system technologies as one of the prime reasons driving the combined heat and power (CHP) market growth during the next few years. Also, growing popularity for combined cooling, heat, and power (CCHP) and rise in integration of combined heat and power with smart grid technologies will lead to sizable demand in the market.

The report on the combined heat and power (CHP) market covers the following areas:

  • Combined Heat And Power (CHP) Market sizing
  • Combined Heat And Power (CHP) Market forecast
  • Combined Heat And Power (CHP) Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading combined heat and power (CHP) market vendors that include 2G Energy AG, ABB Ltd., Ameresco Inc., Capstone Green Energy Corp., Caterpillar Inc., Cummins Inc., FuelCell Energy Inc., General Electric Co., Helec Ltd., HoSt Holding B.V., Kawasaki Heavy Industries Ltd., Kraft Power Corp., MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd., MTT bv, Robert Bosch GmbH, Rolls Royce Holdings PLC, Siemens Energy AG, Veolia Environnement SA, and Wartsila Corp. Also, the combined heat and power (CHP) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Product
  • Executive Summary - Chart on Market Segmentation by End-user
  • Executive Summary - Chart on Market Segmentation by Technology
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
  • Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
  • Overview on factors of disruption
2.4 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
3.2 Market characteristics
  • Market characteristics analysis
3.3 Value chain analysis
  • Value chain analysis
4 Market Sizing
4.1 Market definition
  • Offerings of companies included in the market definition
4.2 Market segment analysis
  • Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
  • Chart on Global - Market size and forecast 2024-2029 ($ million)
  • Data Table on Global - Market size and forecast 2024-2029 ($ million)
  • Chart on Global Market: Year-over-year growth 2024-2029 (%)
  • Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Combined Heat And Power (CHP) Market 2019 - 2023
  • Historic Market Size - Data Table on Global Combined Heat And Power (CHP) Market 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
  • Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
  • Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Technology segment analysis 2019 - 2023
  • Historic Market Size - Technology Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
  • Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
  • Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on Global Combined Heat and Power (CHP) Market
7 Five Forces Analysis
7.1 Five forces summary
  • Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
  • Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
  • Chart on Product - Market share 2024-2029 (%)
  • Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
  • Chart on Comparison by Product
  • Data Table on Comparison by Product
8.3 Natural gas - Market size and forecast 2024-2029
  • Chart on Natural gas - Market size and forecast 2024-2029 ($ million)
  • Data Table on Natural gas - Market size and forecast 2024-2029 ($ million)
  • Chart on Natural gas - Year-over-year growth 2024-2029 (%)
  • Data Table on Natural gas - Year-over-year growth 2024-2029 (%)
8.4 Coal - Market size and forecast 2024-2029
  • Chart on Coal - Market size and forecast 2024-2029 ($ million)
  • Data Table on Coal - Market size and forecast 2024-2029 ($ million)
  • Chart on Coal - Year-over-year growth 2024-2029 (%)
  • Data Table on Coal - Year-over-year growth 2024-2029 (%)
8.5 Others - Market size and forecast 2024-2029
  • Chart on Others - Market size and forecast 2024-2029 ($ million)
  • Data Table on Others - Market size and forecast 2024-2029 ($ million)
  • Chart on Others - Year-over-year growth 2024-2029 (%)
  • Data Table on Others - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Product
  • Market opportunity by Product ($ million)
  • Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by End-user
9.1 Market segments
  • Chart on End-user - Market share 2024-2029 (%)
  • Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
  • Chart on Comparison by End-user
  • Data Table on Comparison by End-user
9.3 Industrial - Market size and forecast 2024-2029
  • Chart on Industrial - Market size and forecast 2024-2029 ($ million)
  • Data Table on Industrial - Market size and forecast 2024-2029 ($ million)
  • Chart on Industrial - Year-over-year growth 2024-2029 (%)
  • Data Table on Industrial - Year-over-year growth 2024-2029 (%)
9.4 Commercial - Market size and forecast 2024-2029
  • Chart on Commercial - Market size and forecast 2024-2029 ($ million)
  • Data Table on Commercial - Market size and forecast 2024-2029 ($ million)
  • Chart on Commercial - Year-over-year growth 2024-2029 (%)
  • Data Table on Commercial - Year-over-year growth 2024-2029 (%)
9.5 Residential - Market size and forecast 2024-2029
  • Chart on Residential - Market size and forecast 2024-2029 ($ million)
  • Data Table on Residential - Market size and forecast 2024-2029 ($ million)
  • Chart on Residential - Year-over-year growth 2024-2029 (%)
  • Data Table on Residential - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by End-user
  • Market opportunity by End-user ($ million)
  • Data Table on Market opportunity by End-user ($ million)
10 Market Segmentation by Technology
10.1 Market segments
  • Chart on Technology - Market share 2024-2029 (%)
  • Data Table on Technology - Market share 2024-2029 (%)
10.2 Comparison by Technology
  • Chart on Comparison by Technology
  • Data Table on Comparison by Technology
10.3 Reciprocating engine - Market size and forecast 2024-2029
  • Chart on Reciprocating engine - Market size and forecast 2024-2029 ($ million)
  • Data Table on Reciprocating engine - Market size and forecast 2024-2029 ($ million)
  • Chart on Reciprocating engine - Year-over-year growth 2024-2029 (%)
  • Data Table on Reciprocating engine - Year-over-year growth 2024-2029 (%)
10.4 Steam turbine - Market size and forecast 2024-2029
  • Chart on Steam turbine - Market size and forecast 2024-2029 ($ million)
  • Data Table on Steam turbine - Market size and forecast 2024-2029 ($ million)
  • Chart on Steam turbine - Year-over-year growth 2024-2029 (%)
  • Data Table on Steam turbine - Year-over-year growth 2024-2029 (%)
10.5 Gas turbine - Market size and forecast 2024-2029
  • Chart on Gas turbine - Market size and forecast 2024-2029 ($ million)
  • Data Table on Gas turbine - Market size and forecast 2024-2029 ($ million)
  • Chart on Gas turbine - Year-over-year growth 2024-2029 (%)
  • Data Table on Gas turbine - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Technology
  • Market opportunity by Technology ($ million)
  • Data Table on Market opportunity by Technology ($ million)
11 Customer Landscape
11.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2024-2029 (%)
  • Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
  • Chart on APAC - Market size and forecast 2024-2029 ($ million)
  • Data Table on APAC - Market size and forecast 2024-2029 ($ million)
  • Chart on APAC - Year-over-year growth 2024-2029 (%)
  • Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
  • Chart on Europe - Market size and forecast 2024-2029 ($ million)
  • Data Table on Europe - Market size and forecast 2024-2029 ($ million)
  • Chart on Europe - Year-over-year growth 2024-2029 (%)
  • Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 North America - Market size and forecast 2024-2029
  • Chart on North America - Market size and forecast 2024-2029 ($ million)
  • Data Table on North America - Market size and forecast 2024-2029 ($ million)
  • Chart on North America - Year-over-year growth 2024-2029 (%)
  • Data Table on North America - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
  • Chart on South America - Market size and forecast 2024-2029 ($ million)
  • Data Table on South America - Market size and forecast 2024-2029 ($ million)
  • Chart on South America - Year-over-year growth 2024-2029 (%)
  • Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
  • Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
  • Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
  • Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
  • Chart on US - Market size and forecast 2024-2029 ($ million)
  • Data Table on US - Market size and forecast 2024-2029 ($ million)
  • Chart on US - Year-over-year growth 2024-2029 (%)
  • Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 Japan - Market size and forecast 2024-2029
  • Chart on Japan - Market size and forecast 2024-2029 ($ million)
  • Data Table on Japan - Market size and forecast 2024-2029 ($ million)
  • Chart on Japan - Year-over-year growth 2024-2029 (%)
  • Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.10 India - Market size and forecast 2024-2029
  • Chart on India - Market size and forecast 2024-2029 ($ million)
  • Data Table on India - Market size and forecast 2024-2029 ($ million)
  • Chart on India - Year-over-year growth 2024-2029 (%)
  • Data Table on India - Year-over-year growth 2024-2029 (%)
12.11 China - Market size and forecast 2024-2029
  • Chart on China - Market size and forecast 2024-2029 ($ million)
  • Data Table on China - Market size and forecast 2024-2029 ($ million)
  • Chart on China - Year-over-year growth 2024-2029 (%)
  • Data Table on China - Year-over-year growth 2024-2029 (%)
12.12 Germany - Market size and forecast 2024-2029
  • Chart on Germany - Market size and forecast 2024-2029 ($ million)
  • Data Table on Germany - Market size and forecast 2024-2029 ($ million)
  • Chart on Germany - Year-over-year growth 2024-2029 (%)
  • Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.13 South Korea - Market size and forecast 2024-2029
  • Chart on South Korea - Market size and forecast 2024-2029 ($ million)
  • Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
  • Chart on South Korea - Year-over-year growth 2024-2029 (%)
  • Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.14 UK - Market size and forecast 2024-2029
  • Chart on UK - Market size and forecast 2024-2029 ($ million)
  • Data Table on UK - Market size and forecast 2024-2029 ($ million)
  • Chart on UK - Year-over-year growth 2024-2029 (%)
  • Data Table on UK - Year-over-year growth 2024-2029 (%)
12.15 Australia - Market size and forecast 2024-2029
  • Chart on Australia - Market size and forecast 2024-2029 ($ million)
  • Data Table on Australia - Market size and forecast 2024-2029 ($ million)
  • Chart on Australia - Year-over-year growth 2024-2029 (%)
  • Data Table on Australia - Year-over-year growth 2024-2029 (%)
12.16 France - Market size and forecast 2024-2029
  • Chart on France - Market size and forecast 2024-2029 ($ million)
  • Data Table on France - Market size and forecast 2024-2029 ($ million)
  • Chart on France - Year-over-year growth 2024-2029 (%)
  • Data Table on France - Year-over-year growth 2024-2029 (%)
12.17 Italy - Market size and forecast 2024-2029
  • Chart on Italy - Market size and forecast 2024-2029 ($ million)
  • Data Table on Italy - Market size and forecast 2024-2029 ($ million)
  • Chart on Italy - Year-over-year growth 2024-2029 (%)
  • Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ million)
  • Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
  • Overview on factors of disruption
14.4 Industry risks
  • Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
  • Companies covered
15.2 Company ranking index
  • Company ranking index
15.3 Market positioning of companies
  • Matrix on companies position and classification
  • 2G Energy AG
  • 2G Energy AG - Overview
  • 2G Energy AG - Product / Service
  • 2G Energy AG - Key offerings
  • SWOT
15.5 ABB Ltd.
  • ABB Ltd. - Overview
  • ABB Ltd. - Business segments
  • ABB Ltd. - Key news
  • ABB Ltd. - Key offerings
  • ABB Ltd. - Segment focus
  • SWOT
15.6 Ameresco Inc.
  • Ameresco Inc. - Overview
  • Ameresco Inc. - Business segments
  • Ameresco Inc. - Key news
  • Ameresco Inc. - Key offerings
  • Ameresco Inc. - Segment focus
  • SWOT
15.7 Capstone Green Energy Corp.
  • Capstone Green Energy Corp. - Overview
  • Capstone Green Energy Corp. - Business segments
  • Capstone Green Energy Corp. - Key news
  • Capstone Green Energy Corp. - Key offerings
  • Capstone Green Energy Corp. - Segment focus
  • SWOT
15.8 Caterpillar Inc.
  • Caterpillar Inc. - Overview
  • Caterpillar Inc. - Business segments
  • Caterpillar Inc. - Key news
  • Caterpillar Inc. - Key offerings
  • Caterpillar Inc. - Segment focus
  • SWOT
15.9 Cummins Inc.
  • Cummins Inc. - Overview
  • Cummins Inc. - Business segments
  • Cummins Inc. - Key news
  • Cummins Inc. - Key offerings
  • Cummins Inc. - Segment focus
  • SWOT
15.10 General Electric Co.
  • General Electric Co. - Overview
  • General Electric Co. - Business segments
  • General Electric Co. - Key news
  • General Electric Co. - Key offerings
  • General Electric Co. - Segment focus
  • SWOT
15.11 Kawasaki Heavy Industries Ltd.
  • Kawasaki Heavy Industries Ltd. - Overview
  • Kawasaki Heavy Industries Ltd. - Business segments
  • Kawasaki Heavy Industries Ltd. - Key offerings
  • Kawasaki Heavy Industries Ltd. - Segment focus
  • SWOT
15.12 MAN Energy Solutions SE
  • MAN Energy Solutions SE - Overview
  • MAN Energy Solutions SE - Product / Service
  • MAN Energy Solutions SE - Key offerings
  • SWOT
15.13 Mitsubishi Heavy Industries Ltd.
  • Mitsubishi Heavy Industries Ltd. - Overview
  • Mitsubishi Heavy Industries Ltd. - Business segments
  • Mitsubishi Heavy Industries Ltd. - Key news
  • Mitsubishi Heavy Industries Ltd. - Key offerings
  • Mitsubishi Heavy Industries Ltd. - Segment focus
  • SWOT
15.14 MTT bv
  • MTT bv - Overview
  • MTT bv - Product / Service
  • MTT bv - Key offerings
  • SWOT
15.15 Robert Bosch GmbH
  • Robert Bosch GmbH - Overview
  • Robert Bosch GmbH - Product / Service
  • Robert Bosch GmbH - Key news
  • Robert Bosch GmbH - Key offerings
  • SWOT
15.16 Siemens Energy AG
  • Siemens Energy AG - Overview
  • Siemens Energy AG - Business segments
  • Siemens Energy AG - Key news
  • Siemens Energy AG - Key offerings
  • Siemens Energy AG - Segment focus
  • SWOT
15.17 Veolia Environnement SA
  • Veolia Environnement SA - Overview
  • Veolia Environnement SA - Business segments
  • Veolia Environnement SA - Key offerings
  • Veolia Environnement SA - Segment focus
  • SWOT
15.18 Wartsila Corp.
  • Wartsila Corp. - Overview
  • Wartsila Corp. - Business segments
  • Wartsila Corp. - Key news
  • Wartsila Corp. - Key offerings
  • Wartsila Corp. - Segment focus
  • SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
16.3 Currency conversion rates for US$
  • Currency conversion rates for US$
16.4 Research methodology
  • Research methodology
16.5 Data procurement
  • Information sources
16.6 Data validation
  • Data validation
16.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
16.8 Data synthesis
  • Data synthesis
16.9 360 degree market analysis
  • 360 degree market analysis
16.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Combined Heat And Power (CHP) Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Product Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Technology Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Product - Market share 2024-2029 (%)
Exhibits 39: Data Table on Product - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Product
Exhibits 41: Data Table on Comparison by Product
Exhibits 42: Chart on Natural gas - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Natural gas - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Natural gas - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Natural gas - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Coal - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Coal - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Coal - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Coal - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 54: Market opportunity by Product ($ million)
Exhibits 55: Data Table on Market opportunity by Product ($ million)
Exhibits 56: Chart on End-user - Market share 2024-2029 (%)
Exhibits 57: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 58: Chart on Comparison by End-user
Exhibits 59: Data Table on Comparison by End-user
Exhibits 60: Chart on Industrial - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Data Table on Industrial - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Chart on Industrial - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Industrial - Year-over-year growth 2024-2029 (%)
Exhibits 64: Chart on Commercial - Market size and forecast 2024-2029 ($ million)
Exhibits 65: Data Table on Commercial - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Chart on Commercial - Year-over-year growth 2024-2029 (%)
Exhibits 67: Data Table on Commercial - Year-over-year growth 2024-2029 (%)
Exhibits 68: Chart on Residential - Market size and forecast 2024-2029 ($ million)
Exhibits 69: Data Table on Residential - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Chart on Residential - Year-over-year growth 2024-2029 (%)
Exhibits 71: Data Table on Residential - Year-over-year growth 2024-2029 (%)
Exhibits 72: Market opportunity by End-user ($ million)
Exhibits 73: Data Table on Market opportunity by End-user ($ million)
Exhibits 74: Chart on Technology - Market share 2024-2029 (%)
Exhibits 75: Data Table on Technology - Market share 2024-2029 (%)
Exhibits 76: Chart on Comparison by Technology
Exhibits 77: Data Table on Comparison by Technology
Exhibits 78: Chart on Reciprocating engine - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Data Table on Reciprocating engine - Market size and forecast 2024-2029 ($ million)
Exhibits 80: Chart on Reciprocating engine - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on Reciprocating engine - Year-over-year growth 2024-2029 (%)
Exhibits 82: Chart on Steam turbine - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Data Table on Steam turbine - Market size and forecast 2024-2029 ($ million)
Exhibits 84: Chart on Steam turbine - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on Steam turbine - Year-over-year growth 2024-2029 (%)
Exhibits 86: Chart on Gas turbine - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Data Table on Gas turbine - Market size and forecast 2024-2029 ($ million)
Exhibits 88: Chart on Gas turbine - Year-over-year growth 2024-2029 (%)
Exhibits 89: Data Table on Gas turbine - Year-over-year growth 2024-2029 (%)
Exhibits 90: Market opportunity by Technology ($ million)
Exhibits 91: Data Table on Market opportunity by Technology ($ million)
Exhibits 92: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 93: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 94: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 95: Chart on Geographic comparison
Exhibits 96: Data Table on Geographic comparison
Exhibits 97: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Australia - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Australia - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Australia - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on France - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on France - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on Italy - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 157: Market opportunity By Geographical Landscape ($ million)
Exhibits 158: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 159: Impact of drivers and challenges in 2024 and 2029
Exhibits 160: Overview on criticality of inputs and factors of differentiation
Exhibits 161: Overview on factors of disruption
Exhibits 162: Impact of key risks on business
Exhibits 163: Companies covered
Exhibits 164: Company ranking index
Exhibits 165: Matrix on companies position and classification
Exhibits 166: 2G Energy AG - Overview
Exhibits 167: 2G Energy AG - Product / Service
Exhibits 168: 2G Energy AG - Key offerings
Exhibits 169: SWOT
Exhibits 170: ABB Ltd. - Overview
Exhibits 171: ABB Ltd. - Business segments
Exhibits 172: ABB Ltd. - Key news
Exhibits 173: ABB Ltd. - Key offerings
Exhibits 174: ABB Ltd. - Segment focus
Exhibits 175: SWOT
Exhibits 176: Ameresco Inc. - Overview
Exhibits 177: Ameresco Inc. - Business segments
Exhibits 178: Ameresco Inc. - Key news
Exhibits 179: Ameresco Inc. - Key offerings
Exhibits 180: Ameresco Inc. - Segment focus
Exhibits 181: SWOT
Exhibits 182: Capstone Green Energy Corp. - Overview
Exhibits 183: Capstone Green Energy Corp. - Business segments
Exhibits 184: Capstone Green Energy Corp. - Key news
Exhibits 185: Capstone Green Energy Corp. - Key offerings
Exhibits 186: Capstone Green Energy Corp. - Segment focus
Exhibits 187: SWOT
Exhibits 188: Caterpillar Inc. - Overview
Exhibits 189: Caterpillar Inc. - Business segments
Exhibits 190: Caterpillar Inc. - Key news
Exhibits 191: Caterpillar Inc. - Key offerings
Exhibits 192: Caterpillar Inc. - Segment focus
Exhibits 193: SWOT
Exhibits 194: Cummins Inc. - Overview
Exhibits 195: Cummins Inc. - Business segments
Exhibits 196: Cummins Inc. - Key news
Exhibits 197: Cummins Inc. - Key offerings
Exhibits 198: Cummins Inc. - Segment focus
Exhibits 199: SWOT
Exhibits 200: General Electric Co. - Overview
Exhibits 201: General Electric Co. - Business segments
Exhibits 202: General Electric Co. - Key news
Exhibits 203: General Electric Co. - Key offerings
Exhibits 204: General Electric Co. - Segment focus
Exhibits 205: SWOT
Exhibits 206: Kawasaki Heavy Industries Ltd. - Overview
Exhibits 207: Kawasaki Heavy Industries Ltd. - Business segments
Exhibits 208: Kawasaki Heavy Industries Ltd. - Key offerings
Exhibits 209: Kawasaki Heavy Industries Ltd. - Segment focus
Exhibits 210: SWOT
Exhibits 211: MAN Energy Solutions SE - Overview
Exhibits 212: MAN Energy Solutions SE - Product / Service
Exhibits 213: MAN Energy Solutions SE - Key offerings
Exhibits 214: SWOT
Exhibits 215: Mitsubishi Heavy Industries Ltd. - Overview
Exhibits 216: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibits 217: Mitsubishi Heavy Industries Ltd. - Key news
Exhibits 218: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibits 219: Mitsubishi Heavy Industries Ltd. - Segment focus
Exhibits 220: SWOT
Exhibits 221: MTT bv - Overview
Exhibits 222: MTT bv - Product / Service
Exhibits 223: MTT bv - Key offerings
Exhibits 224: SWOT
Exhibits 225: Robert Bosch GmbH - Overview
Exhibits 226: Robert Bosch GmbH - Product / Service
Exhibits 227: Robert Bosch GmbH - Key news
Exhibits 228: Robert Bosch GmbH - Key offerings
Exhibits 229: SWOT
Exhibits 230: Siemens Energy AG - Overview
Exhibits 231: Siemens Energy AG - Business segments
Exhibits 232: Siemens Energy AG - Key news
Exhibits 233: Siemens Energy AG - Key offerings
Exhibits 234: Siemens Energy AG - Segment focus
Exhibits 235: SWOT
Exhibits 236: Veolia Environnement SA - Overview
Exhibits 237: Veolia Environnement SA - Business segments
Exhibits 238: Veolia Environnement SA - Key offerings
Exhibits 239: Veolia Environnement SA - Segment focus
Exhibits 240: SWOT
Exhibits 241: Wartsila Corp. - Overview
Exhibits 242: Wartsila Corp. - Business segments
Exhibits 243: Wartsila Corp. - Key news
Exhibits 244: Wartsila Corp. - Key offerings
Exhibits 245: Wartsila Corp. - Segment focus
Exhibits 246: SWOT
Exhibits 247: Inclusions checklist
Exhibits 248: Exclusions checklist
Exhibits 249: Currency conversion rates for US$
Exhibits 250: Research methodology
Exhibits 251: Information sources
Exhibits 252: Data validation
Exhibits 253: Validation techniques employed for market sizing
Exhibits 254: Data synthesis
Exhibits 255: 360 degree market analysis
Exhibits 256: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global combined heat and power (CHP) market: 2G Energy AG, ABB Ltd., Ameresco Inc., Capstone Green Energy Corp., Caterpillar Inc., Cummins Inc., FuelCell Energy Inc., General Electric Co., Helec Ltd., HoSt Holding B.V., Kawasaki Heavy Industries Ltd., Kraft Power Corp., MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd., MTT bv, Robert Bosch GmbH, Rolls Royce Holdings PLC, Siemens Energy AG, Veolia Environnement SA, and Wartsila Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advancements in combined heat and power system technologies."

According to the report, one of the major drivers for this market is the increase in consumption of energy globally.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 2G Energy AG
  • ABB Ltd.
  • Ameresco Inc.
  • Capstone Green Energy Corp.
  • Caterpillar Inc.
  • Cummins Inc.
  • FuelCell Energy Inc.
  • General Electric Co.
  • Helec Ltd.
  • HoSt Holding B.V.
  • Kawasaki Heavy Industries Ltd.
  • Kraft Power Corp.
  • MAN Energy Solutions SE
  • Mitsubishi Heavy Industries Ltd.
  • MTT bv
  • Robert Bosch GmbH
  • Rolls Royce Holdings Plc
  • Siemens Energy AG
  • Veolia Environnement SA
  • Wartsila Corp.