세계의 열병합발전 시장 : 제품별, 기술별, 연료별, 범위별, 용도별 예측(2025-2030년)

The Combined Heat & Power Market was valued at USD 27.65 billion in 2023, expected to reach USD 29.28 billion in 2024, and is projected to grow at a CAGR of 5.96%, to USD 41.50 billion by 2030.

Combined Heat and Power (CHP), also known as cogeneration, is an energy-efficient technology that simultaneously generates electricity and useful heat from a single fuel source. The scope of CHP includes its application across diverse sectors such as industrial, commercial, and residential, with end-use ranging from powering factories and universities to heating residential buildings. The necessity of CHP arises from its potential to enhance energy efficiency, reduce greenhouse gas emissions, and lower utility costs by utilizing waste heat that is typically dissipated in conventional power generation processes. Key influencing growth factors include escalating demand for energy efficiency, supportive government regulations, and growing awareness of sustainable energy solutions. In addition to environmental benefits, economic incentives and technological advancements further stimulate market adoption. However, the market also faces challenges such as high initial investment costs, regulatory barriers, and the complexity of integrating CHP systems with existing energy infrastructures. A promising opportunity lies in the increasing integration of renewable energy sources with CHP systems, boosting their efficiency and sustainability. To capitalize on these opportunities, stakeholders should engage in strategic partnerships, invest in R&D for technological innovations, and focus on awareness campaigns to educate potential users about CHP benefits. Particularly, innovations in micro-CHP systems, leveraging advancements in IoT and AI for optimized energy management, represent lucrative research areas that could drive future market expansion. Despite these opportunities, limited fuel availability and technological constraints in remote or small-scale applications remain key limitations. Therefore, adopting a balanced approach by addressing these limitations while promoting technological advancements presents a path to sustainable CHP market growth. Market dynamics exhibit a competitive yet steadily expanding environment, characterized by increasing investments and collaborations aimed at enhancing system efficiency and adaptability.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Combined Heat & Power Market

The Combined Heat & Power Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing demand for the production of energy efficiency power system
  • Growing American policymaker support for CHP systems
• Market Restraints
  • High initial investment and maintenance cost
• Market Opportunities
  • Innovative solutions for increased CHP deployment and grid interconnection in Americas
  • Rapid growth in utility sectors' partnerships to advance CHP systems
• Market Challenges
  • Complex Integration in Distributed Generation System

Porter's Five Forces: A Strategic Tool for Navigating the Combined Heat & Power Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Combined Heat & Power Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Combined Heat & Power Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Combined Heat & Power Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Combined Heat & Power Market

A detailed market share analysis in the Combined Heat & Power Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Combined Heat & Power Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Combined Heat & Power Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Key Company Profiles

The report delves into recent significant developments in the Combined Heat & Power Market, highlighting leading vendors and their innovative profiles. These include Curtis Power Solutions, LLC by Indel Power Group Company, Cummins Inc., Wartsila Corporation, Yanmar Holdings Co., Ltd., Robert Bosch GmbH, BDR Thermea Group B.V., FuelCell Energy, Inc., Axiom Energy Group, LLC, Cain Industries, Viessmann Werke GmbH & Co. KG, Capstone Green Energy Corporation, MAN Energy Solutions SE, Caterpillar Inc., Mitsubishi Heavy Industries, Ltd., Veolia Environnement SA, ATCO Ltd., Schneider Electric SE, 2G Energy AG, Ricardo PLC, Siemens AG, Rolls-Royce PLC, ABB Ltd., Centrica PLC, Tecogen, Inc., Alfa Laval AB, Clarke Energy Limited by Kohler Co., General Electric Company, and Enexor Energy LLC.

Market Segmentation & Coverage

This research report categorizes the Combined Heat & Power Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Product, market is studied across Large Scale and Small & Micro Scale.
• Based on Technology, market is studied across Fuel Cells, Gas Turbine, Micro CHP, Spark Ignition Reciprocating Engine, and Steam Turbine.
• Based on Fuel, market is studied across Biomass, Coal, Gasoline, and Natural Gas.
• Based on Range, market is studied across 100-200kw, 20-100kW, 200-500kw, 500kw.
• Based on Utility, market is studied across On-demand and Permanent.
• Based on Application, market is studied across Commercial, Industries, and Residential.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing demand for the production of energy efficiency power system
    • 5.1.1.2. Growing American policymaker support for CHP systems
  • 5.1.2. Restraints
    • 5.1.2.1. High initial investment and maintenance cost
  • 5.1.3. Opportunities
    • 5.1.3.1. Innovative solutions for increased CHP deployment and grid interconnection in Americas
    • 5.1.3.2. Rapid growth in utility sectors' partnerships to advance CHP systems
  • 5.1.4. Challenges
    • 5.1.4.1. Complex Integration in Distributed Generation System
• 5.2. Market Segmentation Analysis
  • 5.2.1. Product: Increasing use of large-scale systems due to their higher capacity and efficiency levels
  • 5.2.2. Application: Widening applications in the industrial sector due to high energy demands
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental
• 5.5. Client Customization
  • 5.5.1. Factors Influencing Energy Producers' Decision
  • 5.5.2. Financing Options in Equipment Acquisition
  • 5.5.3. Customer Priorities When Deciding CHP Across Segments and Power Ratings
  • 5.5.4. Capex Consideration for TCO Environment Service Maintenance Package for NVH

6. Combined Heat & Power Market, by Product

• 6.1. Introduction
• 6.2. Large Scale
• 6.3. Small & Micro Scale

7. Combined Heat & Power Market, by Technology

• 7.1. Introduction
• 7.2. Fuel Cells
• 7.3. Gas Turbine
• 7.4. Micro CHP
• 7.5. Spark Ignition Reciprocating Engine
• 7.6. Steam Turbine

8. Combined Heat & Power Market, by Fuel

• 8.1. Introduction
• 8.2. Biomass
• 8.3. Coal
• 8.4. Gasoline
• 8.5. Natural Gas

9. Combined Heat & Power Market, by Range

• 9.1. Introduction
• 9.2. 100-200kw
• 9.3. 20-100kW
• 9.4. 200-500kw
• 9.5. <20kW
• 9.6. >500kw

10. Combined Heat & Power Market, by Utility

• 10.1. Introduction
• 10.2. On-demand
• 10.3. Permanent

11. Combined Heat & Power Market, by Application

• 11.1. Introduction
• 11.2. Commercial
• 11.3. Industries
• 11.4. Residential

12. Americas Combined Heat & Power Market

• 12.1. Introduction
• 12.2. Argentina
• 12.3. Brazil
• 12.4. Canada
• 12.5. Mexico
• 12.6. United States

13. Asia-Pacific Combined Heat & Power Market

• 13.1. Introduction
• 13.2. Australia
• 13.3. China
• 13.4. India
• 13.5. Indonesia
• 13.6. Japan
• 13.7. Malaysia
• 13.8. Philippines
• 13.9. Singapore
• 13.10. South Korea
• 13.11. Taiwan
• 13.12. Thailand
• 13.13. Vietnam

14. Europe, Middle East & Africa Combined Heat & Power Market

• 14.1. Introduction
• 14.2. Denmark
• 14.3. Egypt
• 14.4. Finland
• 14.5. France
• 14.6. Germany
• 14.7. Israel
• 14.8. Italy
• 14.9. Netherlands
• 14.10. Nigeria
• 14.11. Norway
• 14.12. Poland
• 14.13. Qatar
• 14.14. Russia
• 14.15. Saudi Arabia
• 14.16. South Africa
• 14.17. Spain
• 14.18. Sweden
• 14.19. Switzerland
• 14.20. Turkey
• 14.21. United Arab Emirates
• 14.22. United Kingdom

15. Competitive Landscape

• 15.1. Market Share Analysis, 2023
• 15.2. FPNV Positioning Matrix, 2023
• 15.3. Competitive Scenario Analysis
  • 15.3.1. Heidelberg Materials North America and MHI Are Working Toward First Full-Scale Carbon Capture, Utilization and Storage Solution for Cement Industry
  • 15.3.2. SPG Awarded Significant Contract to Provide Energy-Efficient CHP Solution for Union Beverage Packers
  • 15.3.3. Bloom Energy Launches Advanced CHP Solution for Net Zero Heating and Cooling
  • 15.3.4. Cleantech Power Corp. Enters Into Non-Binding Letter of Intent to Acquire Combined Heat and Power Assets
  • 15.3.5. MPC Energy Solutions expands further into Puerto Rico as it invests in a new combined heat and power project
  • 15.3.6. Tecogen Acquires Service Contracts for 202 Cogeneration Units From Aegis Energy Services, LLC
  • 15.3.7. Rolls-Royce successfully tests mtu engines with pure hydrogen
  • 15.3.8. Ricardo innovative carbon negative technology could hold the key to future national energy security
  • 15.3.9. 2G Energy AG receives first hydrogen order in North America

Companies Mentioned

• 1. Curtis Power Solutions, LLC by Indel Power Group Company
• 2. Cummins Inc.
• 3. Wartsila Corporation
• 4. Yanmar Holdings Co., Ltd.
• 5. Robert Bosch GmbH
• 6. BDR Thermea Group B.V.
• 7. FuelCell Energy, Inc.
• 8. Axiom Energy Group, LLC
• 9. Cain Industries
• 10. Viessmann Werke GmbH & Co. KG
• 11. Capstone Green Energy Corporation
• 12. MAN Energy Solutions SE
• 13. Caterpillar Inc.
• 14. Mitsubishi Heavy Industries, Ltd.
• 15. Veolia Environnement SA
• 16. ATCO Ltd.
• 17. Schneider Electric SE
• 18. 2G Energy AG
• 19. Ricardo PLC
• 20. Siemens AG
• 21. Rolls-Royce PLC
• 22. ABB Ltd.
• 23. Centrica PLC
• 24. Tecogen, Inc.
• 25. Alfa Laval AB
• 26. Clarke Energy Limited by Kohler Co.
• 27. General Electric Company
• 28. Enexor Energy LLC