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MCHP-Global Market Insights and Sales Trends 2025
Synopsis
Micro combined heat and power or mCHP is an extension of the idea of cogeneration to the single/multi family home or small office building in the range of up to 50 kW. Local generation has the potential for a higher efficiency than traditional grid-level generators since it lacks the 8-10% energy losses from transporting electricity over long distances. It also lacks the 10–15% energy losses from heat transfer in district heating networks due to the difference between the thermal energy carrier (hot water) and the colder external environment. The most common systems use natural gas as their primary energy source and emit carbon dioxide.
The global MCHP market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of MCHP in various end use industries. The expanding demands from the Commercial and Residential, are propelling MCHP market. Engine Based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Fuel-Cell Based segment is estimated at % CAGR for the next seven-year period.
A micro-CHP system usually contains a small fuel cell or a heat engine as a prime mover used to rotate a generator which provides electric power, while simultaneously utilizing the waste heat from the prime mover for an individual building's heating, ventilation, and air conditioning. A micro-CHP generator may primarily follow heat demand, delivering electricity as the by-product, or may follow electrical demand to generate electricity and use heat as the by-product.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MCHP, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MCHP market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MCHP market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MCHP sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MCHP covered in this report include Honda Power, Vaillant, Yanmar, Ceres Power, Qnergy, Aisin, BDR Thermea, Centrica and Mondragon, etc.
The global MCHP market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honda Power
Vaillant
Yanmar
Ceres Power
Qnergy
Aisin
BDR Thermea
Centrica
Mondragon
Viessmann
Dantherm Power
Nucusa Energy
Solid Power
Global MCHP market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MCHP market, Segment by Type:
Engine Based
Fuel-Cell Based
Global MCHP market, by Application
Commercial
Residential
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of MCHP companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Micro combined heat and power or mCHP is an extension of the idea of cogeneration to the single/multi family home or small office building in the range of up to 50 kW. Local generation has the potential for a higher efficiency than traditional grid-level generators since it lacks the 8-10% energy losses from transporting electricity over long distances. It also lacks the 10–15% energy losses from heat transfer in district heating networks due to the difference between the thermal energy carrier (hot water) and the colder external environment. The most common systems use natural gas as their primary energy source and emit carbon dioxide.
The global MCHP market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of MCHP in various end use industries. The expanding demands from the Commercial and Residential, are propelling MCHP market. Engine Based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Fuel-Cell Based segment is estimated at % CAGR for the next seven-year period.
A micro-CHP system usually contains a small fuel cell or a heat engine as a prime mover used to rotate a generator which provides electric power, while simultaneously utilizing the waste heat from the prime mover for an individual building's heating, ventilation, and air conditioning. A micro-CHP generator may primarily follow heat demand, delivering electricity as the by-product, or may follow electrical demand to generate electricity and use heat as the by-product.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MCHP, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MCHP market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MCHP market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MCHP sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MCHP covered in this report include Honda Power, Vaillant, Yanmar, Ceres Power, Qnergy, Aisin, BDR Thermea, Centrica and Mondragon, etc.
The global MCHP market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honda Power
Vaillant
Yanmar
Ceres Power
Qnergy
Aisin
BDR Thermea
Centrica
Mondragon
Viessmann
Dantherm Power
Nucusa Energy
Solid Power
Global MCHP market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MCHP market, Segment by Type:
Engine Based
Fuel-Cell Based
Global MCHP market, by Application
Commercial
Residential
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of MCHP companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of MCHP
1.1 MCHP Market Overview
1.1.1 MCHP Product Scope
1.1.2 MCHP Market Status and Outlook
1.2 Global MCHP Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global MCHP Market Size by Region (2018-2029)
1.4 Global MCHP Historic Market Size by Region (2018-2023)
1.5 Global MCHP Market Size Forecast by Region (2024-2029)
1.6 Key Regions, MCHP Market Size (2018-2029)
1.6.1 North America MCHP Market Size (2018-2029)
1.6.2 Europe MCHP Market Size (2018-2029)
1.6.3 Asia-Pacific MCHP Market Size (2018-2029)
1.6.4 Latin America MCHP Market Size (2018-2029)
1.6.5 Middle East & Africa MCHP Market Size (2018-2029)
2 MCHP Market by Type
2.1 Introduction
2.1.1 Engine Based
2.1.2 Fuel-Cell Based
2.2 Global MCHP Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global MCHP Historic Market Size by Type (2018-2023)
2.2.2 Global MCHP Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America MCHP Revenue Breakdown by Type (2018-2029)
2.3.2 Europe MCHP Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific MCHP Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America MCHP Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa MCHP Revenue Breakdown by Type (2018-2029)
3 MCHP Market Overview by Application
3.1 Introduction
3.1.1 Commercial
3.1.2 Residential
3.2 Global MCHP Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global MCHP Historic Market Size by Application (2018-2023)
3.2.2 Global MCHP Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America MCHP Revenue Breakdown by Application (2018-2029)
3.3.2 Europe MCHP Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific MCHP Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America MCHP Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa MCHP Revenue Breakdown by Application (2018-2029)
4 MCHP Competition Analysis by Players
4.1 Global MCHP Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in MCHP as of 2022)
4.3 Date of Key Players Enter into MCHP Market
4.4 Global Top Players MCHP Headquarters and Area Served
4.5 Key Players MCHP Product Solution and Service
4.6 Competitive Status
4.6.1 MCHP Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Honda Power
5.1.1 Honda Power Profile
5.1.2 Honda Power Main Business
5.1.3 Honda Power MCHP Products, Services and Solutions
5.1.4 Honda Power MCHP Revenue (US$ Million) & (2018-2023)
5.1.5 Honda Power Recent Developments
5.2 Vaillant
5.2.1 Vaillant Profile
5.2.2 Vaillant Main Business
5.2.3 Vaillant MCHP Products, Services and Solutions
5.2.4 Vaillant MCHP Revenue (US$ Million) & (2018-2023)
5.2.5 Vaillant Recent Developments
5.3 Yanmar
5.3.1 Yanmar Profile
5.3.2 Yanmar Main Business
5.3.3 Yanmar MCHP Products, Services and Solutions
5.3.4 Yanmar MCHP Revenue (US$ Million) & (2018-2023)
5.3.5 Ceres Power Recent Developments
5.4 Ceres Power
5.4.1 Ceres Power Profile
5.4.2 Ceres Power Main Business
5.4.3 Ceres Power MCHP Products, Services and Solutions
5.4.4 Ceres Power MCHP Revenue (US$ Million) & (2018-2023)
5.4.5 Ceres Power Recent Developments
5.5 Qnergy
5.5.1 Qnergy Profile
5.5.2 Qnergy Main Business
5.5.3 Qnergy MCHP Products, Services and Solutions
5.5.4 Qnergy MCHP Revenue (US$ Million) & (2018-2023)
5.5.5 Qnergy Recent Developments
5.6 Aisin
5.6.1 Aisin Profile
5.6.2 Aisin Main Business
5.6.3 Aisin MCHP Products, Services and Solutions
5.6.4 Aisin MCHP Revenue (US$ Million) & (2018-2023)
5.6.5 Aisin Recent Developments
5.7 BDR Thermea
5.7.1 BDR Thermea Profile
5.7.2 BDR Thermea Main Business
5.7.3 BDR Thermea MCHP Products, Services and Solutions
5.7.4 BDR Thermea MCHP Revenue (US$ Million) & (2018-2023)
5.7.5 BDR Thermea Recent Developments
5.8 Centrica
5.8.1 Centrica Profile
5.8.2 Centrica Main Business
5.8.3 Centrica MCHP Products, Services and Solutions
5.8.4 Centrica MCHP Revenue (US$ Million) & (2018-2023)
5.8.5 Centrica Recent Developments
5.9 Mondragon
5.9.1 Mondragon Profile
5.9.2 Mondragon Main Business
5.9.3 Mondragon MCHP Products, Services and Solutions
5.9.4 Mondragon MCHP Revenue (US$ Million) & (2018-2023)
5.9.5 Mondragon Recent Developments
5.10 Viessmann
5.10.1 Viessmann Profile
5.10.2 Viessmann Main Business
5.10.3 Viessmann MCHP Products, Services and Solutions
5.10.4 Viessmann MCHP Revenue (US$ Million) & (2018-2023)
5.10.5 Viessmann Recent Developments
5.11 Dantherm Power
5.11.1 Dantherm Power Profile
5.11.2 Dantherm Power Main Business
5.11.3 Dantherm Power MCHP Products, Services and Solutions
5.11.4 Dantherm Power MCHP Revenue (US$ Million) & (2018-2023)
5.11.5 Dantherm Power Recent Developments
5.12 Nucusa Energy
5.12.1 Nucusa Energy Profile
5.12.2 Nucusa Energy Main Business
5.12.3 Nucusa Energy MCHP Products, Services and Solutions
5.12.4 Nucusa Energy MCHP Revenue (US$ Million) & (2018-2023)
5.12.5 Nucusa Energy Recent Developments
5.13 Solid Power
5.13.1 Solid Power Profile
5.13.2 Solid Power Main Business
5.13.3 Solid Power MCHP Products, Services and Solutions
5.13.4 Solid Power MCHP Revenue (US$ Million) & (2018-2023)
5.13.5 Solid Power Recent Developments
6 North America
6.1 North America MCHP Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe MCHP Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific MCHP Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America MCHP Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa MCHP Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 MCHP Market Dynamics
11.1 MCHP Industry Trends
11.2 MCHP Market Drivers
11.3 MCHP Market Challenges
11.4 MCHP Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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