PPT for Micro Combined Heat and Power Market Outlook, 2017

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Micro Combined Heat and Power Market Outlook
Forecast 2017-2024
Micro Combined Heat and Power Market Size,
Industry Analysis Report, Regional Outlook (U.S.,
Canada, Mexico, Argentina, Germany, Italy,
France, UK, Netherland, Russia, China, India,
Japan, South Korea), Application Development,
Price Trends, Competitive Market Share and
Forecast, 2017 2024
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Global Market Scenario of Micro Combined Heat and
Power

• Global Micro Combined Heat And Power Market size
  is set to grow substantially during the forecast
  timeframe.
• Micro combined heat and power (CHP) technology
  generates both heat and usable electricity.
• Natural gas is used as a fuel for the generation
  of heat and power. Micro CHP is a small heat
  engine that drives the generator to produce heat
  and electricity.
• Changing energy scenario and attempts from
  government for sustainable utilization of
  existing resources will increase the business
  growth.
• Need for low carbon emission technologies will
  drive the micro combined heat and power market in
  the forecast period.
• Cost effective performance coupled with easy
  installation will boost its demand over other
  technologies including boilers.
• Adoption of micro CHP systems is increasing with
  growing fuel poverty, reduced carbon emissions,
  climatic changes and energy security.

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• Product Analysis-
• Micro CHP systems can be implemented for
  residential and commercial applications. The
  demand in residential applications is mostly in
  the developing countries and hence will dominate
  the global Micro combined heat and power market.
  Favorable government policies and focus on
  reduction of greenhouse gases will increase the
  implementation of residential micro CHP systems.
  in North America.
• Increase in the production of natural gas in
  North America and hike in electricity prices will
  drive the micro combined heat and power market.
  In the U.S., demand for reliable on-site
  electricity supply against power outage will
  increase the adoption of micro CHP systems.
  Abundant and cheap natural gas in Canada will
  boost the implementation of micro CHP systems for
  generating heat and electricity.
• Regional Trends-
• Depletion of conventional source of energy and
  rising energy demand in developing countries of
  this region will boost the installation of CHP
  systems. Allocation of fund by governments to
  various micro CHP companies will drive the micro
  combined heat and power market in Asia-Pacific
  region. Energy efficiency benefits facilitated by
  Micro CHP systems will drive the business growth
  in Japan, being an import dependent nation.

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• Competitive Trends
• Notable players in the micro combined heat and
  power market include Honda Power, Vaillant,
  Viessman, Ceres Power Holdings, Yanmar Holdings,
  BDR Thermea, Solid Power, Qnergy, Aisin, Dantherm
  Power and Topsoe Fuel Cell.

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