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North America CHP Market Size

  • Report ID: GMI4785
  • Published Date: Aug 2020
  • Report Format: PDF

North America CHP Market Size

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.

 

 

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

Strict emission norms pertaining to infrastructure and rising tax exemptions in North America will push commercial end-user segment in the regional CHP industry.

Natural gas based North America CHP market size may cross USD 600 million by 2026 owing to rising initiatives being undertaken for refurbishing and replacing current energy generation plants.

North America CHP market from 5 MW – 20 MW segment may surpass USD 80 million by 2026 owing to rising power consumption across industrial, utility, & commercial establishments and surging demand for uninterrupted power supply.

CHPs will depict hefty demand across U.S. subject to favorable state initiatives, policies, CHP-inclined regulations, and resiliency initiatives. U.S. market registered USD 140 million in 2019.

North America CHP Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 16
  • Tables & Figures: 236
  • Countries covered: 2
  • Pages: 179
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