Analysis of Micro Combined Heat & Power Market to 2019

1
Micro Combined Heat Power (M-CHP)
(Microgeneration) Market
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2
Micro Combined Heat Power (M-CHP)
(Microgeneration) Market

• The energy scenario is changing throughout the
  world and governments globally, are making an
  attempt to make cost-effective use of existing
  resources along with, enabling the emergence of a
  low carbon economy. Micro CHP is a cost-effective
  and flexible low carbon solution that generates
  heat and electricity to potentially achieve lower
  carbon emissions as compared to any other
  conventional heating systems and grid
  electricity. This system can be used for both
  residential and commercial purposes. Domestic
  micro CHP is mainly powered by gas or LPG.
• The major factors driving the micro CHP market
  include the need for low carbon emission
  technologies, its easy installation, and
  cost-effective performance over other low carbon
  emission technologies, and reducing electricity
  expenses along with, being an ideal product for
  boiler replacement.

3
Micro Combined Heat Power (M-CHP)
(Microgeneration) Market

• Currently, residential micro CHP represents 76
  of the total market share in terms of global
  micro CHP sales, followed by commercial at 24.
  Among various regions of the micro CHP market,
  Asia-Pacific remains the dominant market.
• Important technologies of micro CHP systems are
  as follows
• Stirling engine
• Organic Rankine cycle engine
• Internal combustion engine
• Proton Exchange Membrane Fuel Cell (PEMFC)
• Solid Oxide Fuel Cell (SOFC)
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4
Micro Combined Heat Power (M-CHP)
(Microgeneration) Market

• The increase in energy demand and the depletion
  of conventional sources of energy have raised the
  importance of renewable sources. Currently,
  governments are allocating funds to various
  leading micro CHP companies to incentivize the
  development of new technologies. Recently,
  various new small size heat engines have been
  developed to facilitate the progress to micro-CHP
  systems. A micro CHP system reduces demands on
  transmission and distribution systems, enhances
  the availability of electricity and heat for
  consumers, and encourages consumer engagement
  with energy efficient technologies, among others.
• Previously, the internal combustion engine
  technology held the major market share as most
  micro CHP systems installed were based on this
  technology. However, currently, SOFC and PEMFC
  hold the maximum market share.
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  orts.com/reports/125480-global-micro-combined-heat
  -power-chp-microgeneration-market-by-technology-ge
  ography-application-regulation-market-trends-forec
  asts-2011-2016-.html .

5
Micro Combined Heat Power (M-CHP)
(Microgeneration) Market

• Scope of the report This study estimates the
  global market of micro CHP, by the end of 2019.
  This market research also provides a detailed
  qualitative and quantitative analysis of the
  global micro CHP market. This report provides a
  comprehensive review of major market drivers,
  restraints, opportunities, challenges, winning
  imperatives, and key issues pertaining the
  market.
• On the basis of technology The global micro CHP
  market is segmented on the basis of prominent
  technologies, such as engine-based and
  fuel-based, being used across the globe which
  include Stirling engine, Organic Rankine cycle
  engine, Internal combustion engine, PEMFC, and
  SOFC.
• On the basis of application Residential and
  commercial purposes
• On the basis of geography Asia-Pacific, Europe,
  and North America
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6
Micro Combined Heat Power (M-CHP)
(Microgeneration) Market
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