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North America CHP Market size exceeded USD 490 million in 2019 and is estimated to surge at a rate of over 5% through 2026. Rising demand for captive power generation along with growing consumer inclination toward sustainable energy will drive the industry growth. Increasing concerns toward GHG emissions followed by improved efficiency, reliability and safety across cogeneration units will further propel the product adoption. Furthermore, ongoing public and private investments toward renewable technologies to minimize carbon footprint will fuel the industry outlook.
Report Attribute | Details |
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Base Year: | 2019 |
North America CHP Market Size in 2019: | 495.0 Million (USD) |
Forecast Period: | 2020 to 2026 |
Forecast Period 2020 to 2026 CAGR: | 5.5% |
2026 Value Projection: | 830.3 Million (USD) |
Historical Data for: | 2016 to 2019 |
No. of Pages: | 179 |
Tables, Charts & Figures: | 236 |
Segments covered: | Fuel, End-Use, Capacity, Technology |
Growth Drivers: |
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Pitfalls & Challenges: |
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