Combined Heat and Power Market Size to Grow $41.48 billion by 2030
According to a research report “Combined Heat and Power Market by Capacity (Up to 10 MW, 11–150 MW, 151–300 MW, and Above 300 MW), Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine, Other Prime Movers), End User (Utilities, Industrial, Commercial, Residential), Fuel, and Region – Global Forecast to 2030″, the combined heat and power market...
Powering Efficiency: The Rise of Distributed Generation & Thermal Recovery in the Combined Heat and Power Market
The global Combined Heat and Power (CHP) market—also known as cogeneration—has been steadily gaining momentum, projected to grow from USD 30.4 billion in 2024 to USD 39.2 billion by 2029 at a CAGR of 5.2%.
At its core, CHP involves the simultaneous production of electricity and useful heat from the same energy source. Unlike traditional power plants, which waste significant heat energy,...
Combined Heat and Power Market: Increasing Demand for Electricity to Boost Growth

New Revenue Pockets:
The Combined Heat and Power Market is expected to grow from an estimated USD 26.6 billion in 2021 to USD 35.2 billion by 2026, at a CAGR of 5.8% during the forecast period. Gas turbine, followed by reciprocating engine, is widely used in CHP.
Increased trend of distributed power generation is creating huge opportunity for gas turbine-based CHP market are expected...
Combined Heat and Power Market to Hit $35.2 billion by 2026

According to the new market research report “Combined Heat and Power Market by Capacity (<10 MW, 10-150 MW, 151-300 MW, >300 MW), Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine, and Others (Stirling Engine System and Combined Cycle)), Fuel(Coal, Natural Gas, Biogas/Biomass, Nuclear, Diesel, and Others (Biodiesel and Geothermal)), End User(Residential,...