Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market definition and forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 North America CHP industry 3600 synopsis, 2016 – 2026
Chapter 3 North America CHP Industry Insights
3.1 Industry segmentation
3.2 Industry ecosystem analysis
3.2.1 Vendor matrix
3.3 Innovation & sustainability landscape
3.3.1 Cummins
3.3.2 BDR Thermea
3.3.3 ENER-G
3.3.4 Veolia
3.3.5 Yanmar
3.3.6 Stadt Werke Kiel
3.3.7 Kawasaki Heavy Industries
3.3.8 Others
3.4 COVID-19 impact on the overall industry outlook
3.4.1 Top 10 states in the U.S. impacted by COVID- 19
3.4.2 Optimistic
3.4.3 Realistic
3.4.4 Pessimistic
3.5 Price trend analysis (USD Million/MW) – North America
3.6 Regulatory landscape
3.6.1 U.S.
3.6.1.1 U.S. EPA CHP Partnership
3.6.1.2 American Recovery and Reinvestment Act
3.6.1.3 Energy Policy Act
3.6.1.4 Energy Improvement and Extension Act
3.6.1.5 CHP Investment Tax Credits
3.6.2 Canada
3.6.2.1 Ontario’s Conservation First Framework (2015-2020):
3.6.2.2 Energy Plan (Focusing Our Energy)
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.1.1 Reducing dependency on conventional coal fired plant
3.7.1.2 Stringent emission norms
3.7.1.3 Increasing demand for district heating
3.7.2 Industry pitfalls & challenges
3.7.2.1 Lack of grid infrastructure
3.8 Growth potential analysis
3.9 Comparison of CHP technology
3.10 Porter’s Analysis
3.10.1 Bargaining power of buyers
3.10.2 Bargaining power of suppliers
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.11 Competitive landscape, 2019
3.11.1 Strategy dashboard
3.11.1.1 General Electric
3.11.1.1.1 Ecomagination Strategy
3.11.1.1.2 Acquisitions
3.11.1.2 Siemens
3.11.1.3 Kawasaki Heavy Industries Ltd.
3.11.1.3.1 Collaborations
3.11.1.4 MAN Diesel & Turbo
3.11.1.4.1 Commissioning of new power plants
3.11.1.4.2 Contracts
3.11.1.4.3 New Product Development
3.11.1.4.4 CHP Solutions
3.11.1.4.5 Expansion of After-Sales
3.11.1.4.6 Basecamp 3000+
3.11.1.4.7 Acquisition
3.11.1.4.8 Research and development
3.11.1.5 Wärtsilä
3.11.1.5.1 Wartsila
3.11.1.6 Bosch
3.11.1.7 Yanmar
3.11.1.8 DTE Energy
3.11.1.9 Veolia
3.11.1.10 ABB
3.12 PESTEL Analysis
Chapter 4 North America CHP Market, By Fuel
4.1 North America CHP market share by fuel, 2019 & 2026
4.2 Natural gas
4.2.1 North America market from natural gas, 2016 - 2026
4.2.2 North America market from natural gas, by country, 2016 – 2026
4.3 Coal
4.3.1 North America market from coal, 2016 - 2026
4.3.2 North America market from coal, by country, 2016 – 2026
4.4 Biomass
4.4.1 North America market from biomass, 2016 - 2026
4.4.2 North America market from biomass, by country, 2016 – 2026
4.5 Others
4.5.1 North America market from others, 2016 - 2026
4.5.2 North America market from others, by country, 2016 – 2026
Chapter 5 North America CHP Market, By End Use
5.1 North America CHP market share by end use, 2019 & 2026
5.2 Commercial
5.2.1 North America market from commercial, 2016 - 2026
5.2.2 North America market from commercial, by country, 2016 – 2026
5.2.3 Educational institution
5.2.3.1 North America market from educational institution, 2016 - 2026
5.2.3.2 North America market from educational institution, by country, 2016 – 2026
5.2.4 District energy
5.2.4.1 North America market from district energy, 2016 - 2026
5.2.4.2 North America market from district energy, by country, 2016 – 2026
5.2.5 Office buildings
5.2.5.1 North America market from office buildings, 2016 - 2026
5.2.5.2 North America market from office buildings, by country, 2016 – 2026
5.2.6 Government/military
5.2.6.1 North America market from government/military, 2016 - 2026
5.2.6.2 North America market from government/military, by country, 2016 – 2026
5.2.7 Utility
5.2.7.1 North America market from utility, 2016 - 2026
5.2.7.2 North America market from utility, by country, 2016 – 2026
5.2.8 Others
5.2.8.1 North America market from others, 2016 - 2026
5.2.8.2 North America market from others, by country, 2016 – 2026
5.3 Industrial
5.3.1 North America market from industrial, 2016 - 2026
5.3.2 North America market from industrial, by country, 2016 – 2026
5.3.3 Chemical
5.3.3.1 North America market from chemical, 2016 - 2026
5.3.3.2 North America market from chemical, by country, 2016 – 2026
5.3.4 Petroleum refining
5.3.4.1 North America market from petroleum refining, 2016 - 2026
5.3.4.2 North America market from petroleum refining, by country, 2016 – 2026
5.3.5 Food
5.3.5.1 North America market from food, 2016 - 2026
5.3.5.2 North America market from food, by country, 2016 – 2026
5.3.6 Paper
5.3.6.1 North America market from paper, 2016 - 2026
5.3.6.2 North America market from paper, by country, 2016 – 2026
5.3.7 Primary metal
5.3.7.1 North America market from primary metal, 2016 - 2026
5.3.7.2 North America market from primary metal, by country, 2016 – 2026
5.3.8 Others
5.3.8.1 North America market from others, 2016 - 2026
5.3.8.2 North America market from others, by country, 2016 – 2026
Chapter 6 North America CHP Market, By Capacity
6.1 North America CHP market share by capacity, 2019 & 2026
6.2 5 MW - 20 MW
6.2.1 North America market from 5 MW - 20 MW, 2016 - 2026
6.2.2 North America market from 5 MW - 20 MW, by country, 2016 – 2026
6.3 > 20 MW
6.3.1 North America market from > 20 MW, 2016 - 2026
6.3.2 North America market from > 20 MW, by country, 2016 – 2026
Chapter 7 North America CHP Market, By Technology
7.1 North America CHP market share by technology, 2019 & 2026
7.2 Combined cycle
7.2.1 North America market from combined cycle, 2016 - 2026
7.2.2 North America market from combined cycle, by country, 2016 – 2026
7.3 Steam turbine
7.3.1 North America market from steam turbine, 2016 - 2026
7.3.2 North America market from steam turbine, by country, 2016 – 2026
7.4 Gas turbine
7.4.1 North America market from gas turbine, 2016 - 2026
7.4.2 North America market from gas turbine, by country, 2016 – 2026
7.5 Reciprocating engine
7.5.1 North America market from reciprocating engine, 2016 - 2026
7.5.2 North America market from reciprocating engine, by country, 2016 – 2026
7.6 Others
7.6.1 North America market from others, 2016 - 2026
7.6.2 North America market from others, by country, 2016 – 2026
Chapter 8 North America CHP Market, By Country
8.1 North America CHP market share by country, 2019 & 2026
8.2 U.S.
8.2.1 U.S. market, 2016 – 2026
8.2.2 U.S. market by fuel, 2016 – 2026
8.2.3 U.S. market by end use, 2016 – 2026
8.2.3.1 U.S. market by commercial, 2016 – 2026
8.2.3.2 U.S. market by industrial, 2016 – 2026
8.2.4 U.S. market by capacity, 2016 – 2026
8.2.5 U.S. market by technology, 2016 – 2026
8.3 Canada
8.3.1 Canada market, 2016 – 2026
8.3.2 Canada market by fuel, 2016 – 2026
8.3.3 Canada market by end use, 2016 – 2026
8.3.3.1 Canada market by commercial, 2016 – 2026
8.3.3.2 Canada market by industrial, 2016 – 2026
8.3.4 Canada market by capacity, 2016 – 2026
8.3.5 Canada market by technology, 2016 – 2026
Chapter 9 Company Profiles
9.1 Kawasaki Heavy Industries
9.1.1 Business Overview
9.1.2 Financial Data
9.1.3 Product Landscape
9.1.4 Strategic Outlook
9.1.5 SWOT analysis
9.2 MAN Diesel & Turbo SE
9.2.1 Business Overview
9.2.2 Financial Data
9.2.3 Product Landscape
9.2.4 Strategic Outlook
9.2.5 SWOT Analysis
9.3 Wärtsilä
9.3.1 Business Overview
9.3.2 Financial Data
9.3.3 Product Landscape
9.3.4 Strategic Outlook
9.3.5 SWOT Analysis
9.4 Caterpillar
9.4.1 Business Overview
9.4.2 Financial Data
9.4.3 Product Landscape
9.4.4 Strategic Outlook
9.4.5 SWOT Analysis
9.5 Yanmar
9.5.1 Business Overview
9.5.2 Financial Data
9.5.3 Product Landscape
9.5.4 Strategic Outlook
9.5.5 SWOT analysis
9.6 Veolia
9.6.1 Business Overview
9.6.2 Financial Data
9.6.3 Product Landscape
9.6.4 Strategic Outlook
9.6.5 SWOT analysis
9.7 Siemens
9.7.1 Business Overview
9.7.2 Financial Data
9.7.3 Product Landscape
9.7.4 Strategic Outlook
9.7.5 SWOT analysis
9.8 ABB
9.8.1 Business Overview
9.8.2 Financial Data
9.8.3 Product Landscape
9.8.4 Strategic Outlook
9.8.5 SWOT Analysis
9.9 General Electric
9.9.1 Business Overview
9.9.2 Financial Data
9.9.3 Product Landscape
9.9.4 Strategic Outlook
9.9.5 SWOT Analysis
9.10 Bosch Thermotechnology
9.10.1 Business Overview
9.10.2 Financial Data
9.10.3 Product Landscape
9.10.4 Strategic Outlook
9.10.5 SWOT Analysis
9.11 Cummins, Inc.
9.11.1 Business Overview
9.11.2 Financial Data
9.11.3 Product Landscape
9.11.4 Strategic Outlook
9.11.5 SWOT Analysis
9.12 MWM
9.12.1 Business Overview
9.12.2 Financial Data
9.12.3 Product Landscape
9.12.4 Strategic Outlook
9.12.5 SWOT Analysis
9.13 Aegis Energy Services, Inc.
9.13.1 Business Overview
9.13.2 Financial Data
9.13.3 Product Landscape
9.13.4 Strategic Outlook
9.13.5 SWOT Analysis
9.14 ENER-G Rudox
9.14.1 Business Overview
9.14.2 Financial Data
9.14.3 Product Landscape
9.14.4 Strategic Outlook
9.14.5 SWOT Analysis
9.15 2G Energy AG
9.15.1 Business Overview
9.15.2 Financial Data
9.15.3 Product Landscape
9.15.4 Strategic Outlook
9.15.5 SWOT Analysis
9.16 BDR Thermea Group
9.16.1 Business Overview
9.16.2 Financial Data
9.16.3 Product Landscape
9.16.4 Strategic Outlook
9.16.5 SWOT Analysis
North America CHP Market Size
North America CHP Market size exceeded USD 490 million in 2019 and is estimated to surge at a rate of over 5% through 2026. Rising demand for captive power generation along with growing consumer inclination toward sustainable energy will drive the industry growth. Increasing concerns toward GHG emissions followed by improved efficiency, reliability and safety across cogeneration units will further propel the product adoption. Furthermore, ongoing public and private investments toward renewable technologies to minimize carbon footprint will fuel the industry outlook.
North America CHP Market Analysis
Commercial application is estimated to witness growth on account of rising energy demand along with widespread adoption of smart district heating systems. Stringent infrastructure emission norms in line with increasing favorable incentives and state tax exemptions will augment the deployment of CHP facilities.
For instance, the Arizona Corporation Commission introduced energy and power equipment property tax exemption in 2018, including incentives, rebates and grants of USD 450/kW – USD 550/kW to commercial customers across CHP installation. The power and energy equipment tax exemption will help in replacing the conventional cogeneration systems with advanced technologies.
Natural gas based North America CHP market is estimated to exceed USD 600 million by 2026. Refurbishment and replacement of existing energy generation plants coupled with declining unit cost owing to increasing hydrocarbon production will further strengthen the business scenario. Moreover, increasing product efficiency and low fuel consumption will push the industry portfolio.
Ongoing technological enhancement coupled with rising investments toward research & development activities will positively sway the North America CHP industry potential. For instance, ENER-G launched an innovative CHP technology ‘E-Power’ in 2018. This technology will improve the overall system performance and enhance the product portfolio by increasing its efficiency and minimizing maintenance cost.
Moreover, introduction of government plans and schemes including various renewable energy programs and road transport fuel certificates will strengthen biomass combined heat and power plants demand across the region.
Gas turbine technology-based CHP will witness growth on account of rising installation of natural gas fired systems subject to low carbon footprint along with paradigm shift toward smart heating networks. Refurbishment and replacement of traditional power generation units with efficient cogeneration plants will fuel the industry trends.
For instance, the U.S. government announced ambitious plan to minimize the GHG emission followed by abandonment of various coal plants by 2023. Ongoing low emission programs by state government will replace the coal fired power plants and increase the domestic renewable power generation ratio.
Easy configuration and effective design of combined cycle power plants will complement the product adoption across the manufacturing industries. Growing investment toward development of efficient district heating networks and integrated heat & electrical power generation plants will push the product adoption.
5 MW – 20 MW capacity segment of North America CHP market is anticipated to exceed USD 80 million by 2026. Increasing power consumption by commercial, industrial and utility establishments will positively stimulate the product deployment. In addition, growing demand for continuous and reliable power supply for operative manufacturing processes will complement the installation of CHP facilities. Ongoing adoption of renewable power consumption to minimize high sulfur fuels usage coupled with government policies pertaining to low GHG emissions will propel the combined heat and power industry statistics.
Ongoing technological enhancements across reciprocating engines to improve medium and large engines energy efficiency by 45% will complement the North America combined heat and power market outlook. In addition, growing inclination toward installation of biomass fueled systems along with increasing applicability of CHP units across colder regions will boost the product penetration.
U.S. combined heat and power market exceeded USD 140 million in 2019. Favorable resiliency initiatives, state incentives, policies and CHP-inclined regulations are key measures which will drive the product adoption. For instance, the U.S. government in 2019 announced updated self-generation incentive program to increase the adoption of renewable fuels and enhance the minimum fuel mixture blend of by 50%.
In addition, ongoing replacement of coal generation power plants with low carbon footprint systems will augment the industry dynamics.
COVID-19 impact on the industry may affect the installation of CHP plants owing to delay in ongoing projects along with reduction in manufacturing processes. In addition, the demand for these plants may witness a marginal decline owing to the minimal on-site operations, supply chain interruptions. However, the region is focusing on over-compensating coronavirus impact by enhancing the operations as the prospect arises, in turn, leading to gradual business growth by second half of 2020.
North America CHP Market Share
Rising decentralized energy generation demand coupled with widespread accessibility including broad range of designs & capacities will drive the North America CHP market trends. Cogeneration systems offers low operating costs, high product life, and high energy efficiency which will positively sway the product adoption. In addition, favorable regulatory norms including financial assistance, feed in tariff and tax rebates will fuel the industry landscape.
Increasing mergers and acquisitions by leading manufacturers to improve the market presence will thrust the business scenario. In 2018, GE Power announced the acquisition of Heat Recovery Steam Generators from Doosan Engineering & Construction for over USD 250 million. This acquisition will escalate the company’s market presence and increase the product quality.
Major players operating across the North America CHP market includes:
North America CHP market research report includes in-depth coverage of the industry with estimates & forecast in terms of “MW” & “USD” from 2016 to 2026, for the following segments:
By Fuel
By End Use
By Capacity
By Technology
The above information has been provided for the following country: