Albany, NY -- (SBWIRE) -- 05/20/2019 -- 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 segments 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 this study, 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.
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This report presents the worldwide Fuel Cell for CHP Applications market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
Fuel Cell for CHP Applications Breakdown Data by Type
PEMFC (Proton Exchange Membrane Fuel Cells)
MCFC (Molten Carbonate Fuel Cells)
SOFC (Solid Oxide Fuel Cells)
PAFC (Phosphoric Acid Fuel Cells)
Fuel Cell for CHP Applications Breakdown Data by Application
Residential
Non-residential
Fuel Cell for CHP Applications Production by Region
United States
Europe
China
Japan
Other Regions
Fuel Cell for CHP Applications Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Fuel Cell for CHP Applications status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Fuel Cell for CHP Applications manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 :
History Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025
This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fuel Cell for CHP Applications market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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