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Micro CHP Market Share

Report ID: GMI1476
Published Date: Jun 2022
Report Format: PDF

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Micro CHP Market Share

Major players operating across the micro combined heat and power industry include

Axiom Energy Group, LLC
EC POWER A/S
Micro Turbine Technology B.V.
2G Energy AG
TEDOM a.s.
YANMAR HOLDINGS Co.
Viessmann
AISIN CORPORATION
Veolia
Vaillant Group
Siemens
BDR Thermea Group

Strategic partnerships, contracts, mergers, and acquisitions among leading industry players will positively influence the market trend.

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of micro CHP was valued at more than USD 1 billion in 2021 and will record a CAGR of over 9% during the forecast period.

Internal combustion engine-based micro CHP industry size is projected to observe over 8% CAGR through 2030 due to the growing deployment of efficient cogeneration units across the residential and commercial spaces.

Asia Pacific micro CHP industry share will cross USD 2 billion by 2030 due to the rising investments across the public & private sectors to enhance the on-site energy systems in the region.

Axiom Energy Group, LLC, Micro Turbine Technology B.V., EC POWER A/S, YANMAR HOLDINGS Co., 2G Energy AG, Viessmann, and Vaillant Group, among others, are the major players in this market.