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,...