MCHP Market

Micro combined heat and power or mCHP is an extension of the idea of cogeneration to the single/multi family home or small office building in the range of up to 50 kW. Local generation has the potential for a higher efficiency than traditional grid-level generators since it lacks the 8-10% energy losses from transporting electricity over long distances. It also lacks the 10?15% energy losses from heat transfer in district heating networks due to the difference between the thermal energy carrier (hot water) and the colder external environment. The most common systems use natural gas as their primary energy source and emit carbon dioxide.
MCHP Market aims to provide a comprehensive presentation of the global market for MCHP, 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 MCHP. MCHP Market contains market size and forecasts of MCHP in global, including the following market information:
Global MCHP Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global MCHP market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A micro-CHP system usually contains a small fuel cell or a heat engine as a prime mover used to rotate a generator which provides electric power, while simultaneously utilizing the waste heat from the prime mover for an individual building's heating, ventilation, and air conditioning. A micro-CHP generator may primarily follow heat demand, delivering electricity as the by-product, or may follow electrical demand to generate electricity and use heat as the by-product.
We surveyed the MCHP companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global MCHP Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global MCHP Market Segment Percentages, by Type, 2022 (%)
Engine Based
Fuel-Cell Based
Global MCHP Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global MCHP Market Segment Percentages, by Application, 2022 (%)
Commercial
Residential
Global MCHP Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global MCHP Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies MCHP revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies MCHP revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Honda Power
Vaillant
Yanmar
Ceres Power
Qnergy
Aisin
BDR Thermea
Centrica
Mondragon
Viessmann
Dantherm Power
Nucusa Energy
Solid Power
Outline of Major Chapters:
Chapter 1: Introduces the definition of MCHP, market overview.
Chapter 2: Global MCHP market size in revenue.
Chapter 3: Detailed analysis of MCHP company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of MCHP 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.