Combined Heat and Power (CHP) Installation Market to be Driven by Abundant Availability of Natural Gas

Combined Heat and Power (CHP) Installation Market to be Driven by Abundant Availability of Natural Gas

  • Submitted By: john55364
  • Date Submitted: 05/14/2015 12:49 AM
  • Category: Business
  • Words: 3708
  • Page: 15

Transparency Market
Research
Combined Heat And Power Installation Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

Published Date
2013-04-03

149 Page Report

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Combined Heat & Power (CHP) Installation Market is Expected to
Reach USD 76.1 Billion in 2018: Transparency Market Research

Combined Heat And Power Installation
Market

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Combined Heat And Power Installation
Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research, The Global CHP demand was 452.9 GW
in 2011 and is expected to reach 1,219.1 GW in 2018, growing at a CAGR of 15.3% from 2012 to 2018. In terms of
revenue, the CHP installation market is expected to grow at a CAGR of 11.7% from 2012 to 2018.

Browse the full CHP report at- http://www.transparencymarketresearch.com/combined-heat-and-power.html

CHP fuels estimated and analyzed in this study include natural gas, coal, biomass, and others (wood, oil and process
waste heat). Abundant supply of natural gas at competitive prices, a favorable regulatory scenario and increasing
application scope are expected to drive CHP systems demand over the next five years. However, CHP installation is a
highly capital intensive process carrying significant risk value, which is expected to act as a barrier to market growth in the
near future. The interconnection standards between utilities and cogeneration systems vary regionally. This makes it
difficult for CHP technology companies to manufacture components and makes cogeneration system installation more
complex and costly.

Industrial applications dominated the CHP systems market and accounted for 67.8% of the overall demand in 2011.
Commercial...

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