A CHP system involves the simultaneous production of electricity and usable heat from a power plant or heat engine in a single, highly efficient process. It captures the energy produced during power generation and puts it to use for commercial and residential heat production.
It was observed that the non-residential segment dominated this market. Much of this market segment’s growth can be attributed to factors like the advent of strict environment regulations, strong focus on decentralized energy, growing electricity demand, and increasing environmental awareness.
The PEMFC product segment dominated this market and is anticipated to retain its dominating hold over the market. PEMFCs have several advantages such as fast start-up time, low operating temperature, compactness, and sustainable operations with high energy density and low emissions. Such benefits have made PEMFC the leading type of fuel cell for use in automotive applications, distributed power generation, and portable applications.
In 2019, the market size of Fuel Cell for CHP Applications is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Fuel Cell for CHP Applications.
This report studies the global market size of Fuel Cell for CHP Applications, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Fuel Cell for CHP Applications production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Acal Energy
Bloom Energy
Fuelcell Energy
Viessmann
Aisin Seiki
Baxi (Bdr Thermea)
Ceres Power
Doosan Fuel Cell
Elcore
Eneos Celltech (Jx Nippon Oil & Energy)
Enerfuel
Haldor Topsoe
Hexis
Kyocera
Panasonic
Solidpower
Toshiba
Vaillant
Market Segment by Product Type
PEMFC (Proton Exchange Membrane Fuel Cells)
MCFC (Molten Carbonate Fuel Cells)
SOFC (Solid Oxide Fuel Cells)
PAFC (Phosphoric Acid Fuel Cells)
Market Segment by Application
Residential
Non-residential
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Fuel Cell for CHP Applications status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Fuel Cell for CHP Applications manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Fuel Cell for CHP Applications are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Fuel Cell for CHP Applications. Industry analysis & Market Report on Fuel Cell for CHP Applications is a syndicated market report, published as Global (United States, European Union and China) Fuel Cell for CHP Applications Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Fuel Cell for CHP Applications market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.