Micro Combined Heat & Power Global Market by Technology, Data Validation, Growth, Analysis and Forecasts to 2023
ReportsWeb.com published “Micro Combined Heat & Power Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
(EMAILWIRE.COM, September 25, 2017 ) According to Publisher, the Global Micro Combined Heat & Power Market is accounted for $2.61 billion in 2016 and is expected to reach $7.10 billion by 2023 growing at a CAGR of 15.3% during the forecast period. Factors such as reduction in carbon footprint and favourable government policies are fueling the market growth. However, huge cost and infrastructural hurdles are hampering the market growth. Low cost of natural gas across the globe is a major challenge in the market.
By type, Fuel Cell-Based segment dominated the global market with largest share owing to the focus on renewable power generation and reduction in carbon emissions. By geography, Asia-Pacific is anticipated to account for the largest market share owing to the rapid technological advancements in micro CHP Systems in Japan which comprises to half of the global market share.
For more information @ http://www.reportsweb.com/micro-combined-heat-and-power-global-market-outlook-2017-2023
Some of the key players in Micro Combined Heat & Power market include Whisper Tech Limited, Honda Power, Vaillant Group, Viessmann Group, Ceres Power Holdings PLC, Solid Power, Ener-G Cogen International, Qnergy, BDR Thermea Group, Dantherm Power, Yanmar Holdings Co. Ltd., Aisin Group and Topsoe Fuel Cell
Applications Covered:
-Commercial
-Residential
Types Covered:
-Fuel Cell-Based
-Engine-Based
Technologies Covered:
-Proton Exchange Membrane Fuel Cell (PEMFC)
-Stirling Engine
-Internal Combustion Engine
-Solid Oxide Fuel Cell (SOFC)
-Rankine Cycle Engine
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Regions Covered:
-North America
- US
- Canada
- Mexico
-Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
-Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of APAC
-Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt
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By type, Fuel Cell-Based segment dominated the global market with largest share owing to the focus on renewable power generation and reduction in carbon emissions. By geography, Asia-Pacific is anticipated to account for the largest market share owing to the rapid technological advancements in micro CHP Systems in Japan which comprises to half of the global market share.
For more information @ http://www.reportsweb.com/micro-combined-heat-and-power-global-market-outlook-2017-2023
Some of the key players in Micro Combined Heat & Power market include Whisper Tech Limited, Honda Power, Vaillant Group, Viessmann Group, Ceres Power Holdings PLC, Solid Power, Ener-G Cogen International, Qnergy, BDR Thermea Group, Dantherm Power, Yanmar Holdings Co. Ltd., Aisin Group and Topsoe Fuel Cell
Applications Covered:
-Commercial
-Residential
Types Covered:
-Fuel Cell-Based
-Engine-Based
Technologies Covered:
-Proton Exchange Membrane Fuel Cell (PEMFC)
-Stirling Engine
-Internal Combustion Engine
-Solid Oxide Fuel Cell (SOFC)
-Rankine Cycle Engine
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001888499/sample
Regions Covered:
-North America
- US
- Canada
- Mexico
-Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
-Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of APAC
-Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001888499/buying
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results