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Global Combined Heat and Power (CHP) Market Research Report 2025
Synopsis
Combined heat and power (CHP) is a highly efficient process that captures and utilizes the heat that is a by-product of the electricity generation process. By generating heat and power simultaneously, CHP can reduce carbon emissions by up to 30% compared to the separate means of conventional generation via a boiler and power station.
The heat generated during this process is supplied to an appropriately matched heat demand that would otherwise be met by a conventional boiler. CHP systems are highly efficient, making use of the heat which would otherwise be wasted when generating electrical or mechanical power. This allows heat requirements to be met that would otherwise require additional fuel to be burnt.
For many organizations, CHP is the measure that offers the most significant single opportunity to reduce energy costs and to improve environmental performance with existing users of CHP typically saving around 20% of their energy costs.
Combined heat and power (CHP) systems for homes or small commercial buildings are often fueled by natural gas to produce electricity and heat. This report studies the Commercial Combined Heat and Power (CHP) System market, mainly used in the residential, service sector and others.
The global Combined Heat and Power (CHP) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Global Commercial Combined Heat and Power (CHP) System key players include Siemens, BOSCH THERMOTECHNIK, E.ON, GE, ABB, etc. Global top five manufacturers hold a share over 30%.
Europe is the largest market, with a share over 40%, followed by China, and North America, both have a share about 35 percent.
In terms of product, Small Scale CHP is the largest segment, with a share over 65%. And in terms of application, the largest application is Office Buildings, followed by Service Sector, etc.
This report aims to provide a comprehensive presentation of the global market for Combined Heat and Power (CHP), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Combined Heat and Power (CHP).
Report Scope
The Combined Heat and Power (CHP) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Combined Heat and Power (CHP) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Combined Heat and Power (CHP) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
MAN Diesel & Turbo
Caterpillar
Mitsubishi heavy Industries
General Electric
Cummins
Bosch Thermotechnology
ABB
ENER-G Rudox
Veolia
Segment by Type
Natural Gas
Coal
Biomass
Others
Segment by Application
Residential
Commercial
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Combined Heat and Power (CHP) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Combined Heat and Power (CHP) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Combined Heat and Power (CHP) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Combined heat and power (CHP) is a highly efficient process that captures and utilizes the heat that is a by-product of the electricity generation process. By generating heat and power simultaneously, CHP can reduce carbon emissions by up to 30% compared to the separate means of conventional generation via a boiler and power station.
The heat generated during this process is supplied to an appropriately matched heat demand that would otherwise be met by a conventional boiler. CHP systems are highly efficient, making use of the heat which would otherwise be wasted when generating electrical or mechanical power. This allows heat requirements to be met that would otherwise require additional fuel to be burnt.
For many organizations, CHP is the measure that offers the most significant single opportunity to reduce energy costs and to improve environmental performance with existing users of CHP typically saving around 20% of their energy costs.
Combined heat and power (CHP) systems for homes or small commercial buildings are often fueled by natural gas to produce electricity and heat. This report studies the Commercial Combined Heat and Power (CHP) System market, mainly used in the residential, service sector and others.
The global Combined Heat and Power (CHP) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Global Commercial Combined Heat and Power (CHP) System key players include Siemens, BOSCH THERMOTECHNIK, E.ON, GE, ABB, etc. Global top five manufacturers hold a share over 30%.
Europe is the largest market, with a share over 40%, followed by China, and North America, both have a share about 35 percent.
In terms of product, Small Scale CHP is the largest segment, with a share over 65%. And in terms of application, the largest application is Office Buildings, followed by Service Sector, etc.
This report aims to provide a comprehensive presentation of the global market for Combined Heat and Power (CHP), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Combined Heat and Power (CHP).
Report Scope
The Combined Heat and Power (CHP) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Combined Heat and Power (CHP) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Combined Heat and Power (CHP) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
MAN Diesel & Turbo
Caterpillar
Mitsubishi heavy Industries
General Electric
Cummins
Bosch Thermotechnology
ABB
ENER-G Rudox
Veolia
Segment by Type
Natural Gas
Coal
Biomass
Others
Segment by Application
Residential
Commercial
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Combined Heat and Power (CHP) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Combined Heat and Power (CHP) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Combined Heat and Power (CHP) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Combined Heat and Power (CHP) Market Overview
1.1 Product Definition
1.2 Combined Heat and Power (CHP) Segment by Type
1.2.1 Global Combined Heat and Power (CHP) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Natural Gas
1.2.3 Coal
1.2.4 Biomass
1.2.5 Others
1.3 Combined Heat and Power (CHP) Segment by Application
1.3.1 Global Combined Heat and Power (CHP) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global Combined Heat and Power (CHP) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Combined Heat and Power (CHP) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Combined Heat and Power (CHP) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Combined Heat and Power (CHP) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Combined Heat and Power (CHP) Production Market Share by Manufacturers (2019-2024)
2.2 Global Combined Heat and Power (CHP) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Combined Heat and Power (CHP), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Combined Heat and Power (CHP) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Combined Heat and Power (CHP) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Combined Heat and Power (CHP), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Combined Heat and Power (CHP), Product Offered and Application
2.8 Global Key Manufacturers of Combined Heat and Power (CHP), Date of Enter into This Industry
2.9 Combined Heat and Power (CHP) Market Competitive Situation and Trends
2.9.1 Combined Heat and Power (CHP) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Combined Heat and Power (CHP) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Combined Heat and Power (CHP) Production by Region
3.1 Global Combined Heat and Power (CHP) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Combined Heat and Power (CHP) Production Value by Region (2019-2030)
3.2.1 Global Combined Heat and Power (CHP) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Combined Heat and Power (CHP) by Region (2025-2030)
3.3 Global Combined Heat and Power (CHP) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Combined Heat and Power (CHP) Production by Region (2019-2030)
3.4.1 Global Combined Heat and Power (CHP) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Combined Heat and Power (CHP) by Region (2025-2030)
3.5 Global Combined Heat and Power (CHP) Market Price Analysis by Region (2019-2024)
3.6 Global Combined Heat and Power (CHP) Production and Value, Year-over-Year Growth
3.6.1 North America Combined Heat and Power (CHP) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Combined Heat and Power (CHP) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Combined Heat and Power (CHP) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Combined Heat and Power (CHP) Production Value Estimates and Forecasts (2019-2030)
4 Combined Heat and Power (CHP) Consumption by Region
4.1 Global Combined Heat and Power (CHP) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Combined Heat and Power (CHP) Consumption by Region (2019-2030)
4.2.1 Global Combined Heat and Power (CHP) Consumption by Region (2019-2024)
4.2.2 Global Combined Heat and Power (CHP) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Combined Heat and Power (CHP) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Combined Heat and Power (CHP) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Combined Heat and Power (CHP) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Combined Heat and Power (CHP) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Combined Heat and Power (CHP) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Combined Heat and Power (CHP) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Combined Heat and Power (CHP) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Combined Heat and Power (CHP) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Combined Heat and Power (CHP) Production by Type (2019-2030)
5.1.1 Global Combined Heat and Power (CHP) Production by Type (2019-2024)
5.1.2 Global Combined Heat and Power (CHP) Production by Type (2025-2030)
5.1.3 Global Combined Heat and Power (CHP) Production Market Share by Type (2019-2030)
5.2 Global Combined Heat and Power (CHP) Production Value by Type (2019-2030)
5.2.1 Global Combined Heat and Power (CHP) Production Value by Type (2019-2024)
5.2.2 Global Combined Heat and Power (CHP) Production Value by Type (2025-2030)
5.2.3 Global Combined Heat and Power (CHP) Production Value Market Share by Type (2019-2030)
5.3 Global Combined Heat and Power (CHP) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Combined Heat and Power (CHP) Production by Application (2019-2030)
6.1.1 Global Combined Heat and Power (CHP) Production by Application (2019-2024)
6.1.2 Global Combined Heat and Power (CHP) Production by Application (2025-2030)
6.1.3 Global Combined Heat and Power (CHP) Production Market Share by Application (2019-2030)
6.2 Global Combined Heat and Power (CHP) Production Value by Application (2019-2030)
6.2.1 Global Combined Heat and Power (CHP) Production Value by Application (2019-2024)
6.2.2 Global Combined Heat and Power (CHP) Production Value by Application (2025-2030)
6.2.3 Global Combined Heat and Power (CHP) Production Value Market Share by Application (2019-2030)
6.3 Global Combined Heat and Power (CHP) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 MAN Diesel & Turbo
7.1.1 MAN Diesel & Turbo Combined Heat and Power (CHP) Corporation Information
7.1.2 MAN Diesel & Turbo Combined Heat and Power (CHP) Product Portfolio
7.1.3 MAN Diesel & Turbo Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 MAN Diesel & Turbo Main Business and Markets Served
7.1.5 MAN Diesel & Turbo Recent Developments/Updates
7.2 Caterpillar
7.2.1 Caterpillar Combined Heat and Power (CHP) Corporation Information
7.2.2 Caterpillar Combined Heat and Power (CHP) Product Portfolio
7.2.3 Caterpillar Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Caterpillar Main Business and Markets Served
7.2.5 Caterpillar Recent Developments/Updates
7.3 Mitsubishi heavy Industries
7.3.1 Mitsubishi heavy Industries Combined Heat and Power (CHP) Corporation Information
7.3.2 Mitsubishi heavy Industries Combined Heat and Power (CHP) Product Portfolio
7.3.3 Mitsubishi heavy Industries Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Mitsubishi heavy Industries Main Business and Markets Served
7.3.5 Mitsubishi heavy Industries Recent Developments/Updates
7.4 General Electric
7.4.1 General Electric Combined Heat and Power (CHP) Corporation Information
7.4.2 General Electric Combined Heat and Power (CHP) Product Portfolio
7.4.3 General Electric Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 General Electric Main Business and Markets Served
7.4.5 General Electric Recent Developments/Updates
7.5 Cummins
7.5.1 Cummins Combined Heat and Power (CHP) Corporation Information
7.5.2 Cummins Combined Heat and Power (CHP) Product Portfolio
7.5.3 Cummins Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Cummins Main Business and Markets Served
7.5.5 Cummins Recent Developments/Updates
7.6 Bosch Thermotechnology
7.6.1 Bosch Thermotechnology Combined Heat and Power (CHP) Corporation Information
7.6.2 Bosch Thermotechnology Combined Heat and Power (CHP) Product Portfolio
7.6.3 Bosch Thermotechnology Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Bosch Thermotechnology Main Business and Markets Served
7.6.5 Bosch Thermotechnology Recent Developments/Updates
7.7 ABB
7.7.1 ABB Combined Heat and Power (CHP) Corporation Information
7.7.2 ABB Combined Heat and Power (CHP) Product Portfolio
7.7.3 ABB Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ABB Main Business and Markets Served
7.7.5 ABB Recent Developments/Updates
7.8 ENER-G Rudox
7.8.1 ENER-G Rudox Combined Heat and Power (CHP) Corporation Information
7.8.2 ENER-G Rudox Combined Heat and Power (CHP) Product Portfolio
7.8.3 ENER-G Rudox Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 ENER-G Rudox Main Business and Markets Served
7.7.5 ENER-G Rudox Recent Developments/Updates
7.9 Veolia
7.9.1 Veolia Combined Heat and Power (CHP) Corporation Information
7.9.2 Veolia Combined Heat and Power (CHP) Product Portfolio
7.9.3 Veolia Combined Heat and Power (CHP) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Veolia Main Business and Markets Served
7.9.5 Veolia Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Combined Heat and Power (CHP) Industry Chain Analysis
8.2 Combined Heat and Power (CHP) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Combined Heat and Power (CHP) Production Mode & Process
8.4 Combined Heat and Power (CHP) Sales and Marketing
8.4.1 Combined Heat and Power (CHP) Sales Channels
8.4.2 Combined Heat and Power (CHP) Distributors
8.5 Combined Heat and Power (CHP) Customers
9 Combined Heat and Power (CHP) Market Dynamics
9.1 Combined Heat and Power (CHP) Industry Trends
9.2 Combined Heat and Power (CHP) Market Drivers
9.3 Combined Heat and Power (CHP) Market Challenges
9.4 Combined Heat and Power (CHP) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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