A combined heat and power generator unit, also known as combined power and heat (CHP), is an energy system that combines the generation of electricity and the production of heat (hot water, steam or hot air) to increase energy efficiency and reduce energy waste . In such systems, waste heat is typically recovered and reused for heating, air conditioning, industrial heating, or other processes, thereby reducing the need for additional heat sources.
The global Combined Heat and Power Generator Set market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Combined Heat and Power Generator Set is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Combined Heat and Power Generator Set is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Combined Heat and Power Generator Set include Caterpillar, mtu, Cummins, GE, Agrikomp, LIEBHERR, 2G Energy AG, MAHLE Powertrain Ltd and Teksan, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Combined Heat and Power Generator Set, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Combined Heat and Power Generator Set.
Report Scope
The Combined Heat and Power Generator Set market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Combined Heat and Power Generator Set market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Combined Heat and Power Generator Set manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Caterpillar
mtu
Cummins
GE
Agrikomp
LIEBHERR
2G Energy AG
MAHLE Powertrain Ltd
Teksan
PowerLink
Lindenberg-Anlagen GmbH
Yanmar
MAN Energy Solutions
Frontier Power Products ULC
Ettes Power
CNPC Jichai Power Company Limited
Segment by Type
Steam Turbine
Gas Turbine
Segment by Application
Building
Power Plant
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Detailed analysis of Combined Heat and Power Generator Set manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Combined Heat and Power Generator Set by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Combined Heat and Power Generator Set in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Combined Heat and Power Generator Set Market Overview
1.1 Product Definition
1.2 Combined Heat and Power Generator Set Segment by Type
1.2.1 Global Combined Heat and Power Generator Set Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Steam Turbine
1.2.3 Gas Turbine
1.3 Combined Heat and Power Generator Set Segment by Application
1.3.1 Global Combined Heat and Power Generator Set Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Building
1.3.3 Power Plant
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Combined Heat and Power Generator Set Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Combined Heat and Power Generator Set Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Combined Heat and Power Generator Set Production Estimates and Forecasts (2019-2030)
1.4.4 Global Combined Heat and Power Generator Set Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Combined Heat and Power Generator Set Production Market Share by Manufacturers (2019-2024)
2.2 Global Combined Heat and Power Generator Set Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Combined Heat and Power Generator Set, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Combined Heat and Power Generator Set Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Combined Heat and Power Generator Set Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Combined Heat and Power Generator Set, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Combined Heat and Power Generator Set, Product Offered and Application
2.8 Global Key Manufacturers of Combined Heat and Power Generator Set, Date of Enter into This Industry
2.9 Combined Heat and Power Generator Set Market Competitive Situation and Trends
2.9.1 Combined Heat and Power Generator Set Market Concentration Rate
2.9.2 Global 5 and 10 Largest Combined Heat and Power Generator Set Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Combined Heat and Power Generator Set Production by Region
3.1 Global Combined Heat and Power Generator Set Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Combined Heat and Power Generator Set Production Value by Region (2019-2030)
3.2.1 Global Combined Heat and Power Generator Set Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Combined Heat and Power Generator Set by Region (2025-2030)
3.3 Global Combined Heat and Power Generator Set Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Combined Heat and Power Generator Set Production by Region (2019-2030)
3.4.1 Global Combined Heat and Power Generator Set Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Combined Heat and Power Generator Set by Region (2025-2030)
3.5 Global Combined Heat and Power Generator Set Market Price Analysis by Region (2019-2024)
3.6 Global Combined Heat and Power Generator Set Production and Value, Year-over-Year Growth
3.6.1 North America Combined Heat and Power Generator Set Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Combined Heat and Power Generator Set Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Combined Heat and Power Generator Set Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Combined Heat and Power Generator Set Production Value Estimates and Forecasts (2019-2030)
4 Combined Heat and Power Generator Set Consumption by Region
4.1 Global Combined Heat and Power Generator Set Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Combined Heat and Power Generator Set Consumption by Region (2019-2030)
4.2.1 Global Combined Heat and Power Generator Set Consumption by Region (2019-2024)
4.2.2 Global Combined Heat and Power Generator Set Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Combined Heat and Power Generator Set Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Combined Heat and Power Generator Set Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Combined Heat and Power Generator Set Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Combined Heat and Power Generator Set Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Combined Heat and Power Generator Set Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Combined Heat and Power Generator Set Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Combined Heat and Power Generator Set Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Combined Heat and Power Generator Set Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Combined Heat and Power Generator Set Production by Type (2019-2030)
5.1.1 Global Combined Heat and Power Generator Set Production by Type (2019-2024)
5.1.2 Global Combined Heat and Power Generator Set Production by Type (2025-2030)
5.1.3 Global Combined Heat and Power Generator Set Production Market Share by Type (2019-2030)
5.2 Global Combined Heat and Power Generator Set Production Value by Type (2019-2030)
5.2.1 Global Combined Heat and Power Generator Set Production Value by Type (2019-2024)
5.2.2 Global Combined Heat and Power Generator Set Production Value by Type (2025-2030)
5.2.3 Global Combined Heat and Power Generator Set Production Value Market Share by Type (2019-2030)
5.3 Global Combined Heat and Power Generator Set Price by Type (2019-2030)
6 Segment by Application
6.1 Global Combined Heat and Power Generator Set Production by Application (2019-2030)
6.1.1 Global Combined Heat and Power Generator Set Production by Application (2019-2024)
6.1.2 Global Combined Heat and Power Generator Set Production by Application (2025-2030)
6.1.3 Global Combined Heat and Power Generator Set Production Market Share by Application (2019-2030)
6.2 Global Combined Heat and Power Generator Set Production Value by Application (2019-2030)
6.2.1 Global Combined Heat and Power Generator Set Production Value by Application (2019-2024)
6.2.2 Global Combined Heat and Power Generator Set Production Value by Application (2025-2030)
6.2.3 Global Combined Heat and Power Generator Set Production Value Market Share by Application (2019-2030)
6.3 Global Combined Heat and Power Generator Set Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Caterpillar
7.1.1 Caterpillar Combined Heat and Power Generator Set Corporation Information
7.1.2 Caterpillar Combined Heat and Power Generator Set Product Portfolio
7.1.3 Caterpillar Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Caterpillar Main Business and Markets Served
7.1.5 Caterpillar Recent Developments/Updates
7.2 mtu
7.2.1 mtu Combined Heat and Power Generator Set Corporation Information
7.2.2 mtu Combined Heat and Power Generator Set Product Portfolio
7.2.3 mtu Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.2.4 mtu Main Business and Markets Served
7.2.5 mtu Recent Developments/Updates
7.3 Cummins
7.3.1 Cummins Combined Heat and Power Generator Set Corporation Information
7.3.2 Cummins Combined Heat and Power Generator Set Product Portfolio
7.3.3 Cummins Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Cummins Main Business and Markets Served
7.3.5 Cummins Recent Developments/Updates
7.4 GE
7.4.1 GE Combined Heat and Power Generator Set Corporation Information
7.4.2 GE Combined Heat and Power Generator Set Product Portfolio
7.4.3 GE Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.4.4 GE Main Business and Markets Served
7.4.5 GE Recent Developments/Updates
7.5 Agrikomp
7.5.1 Agrikomp Combined Heat and Power Generator Set Corporation Information
7.5.2 Agrikomp Combined Heat and Power Generator Set Product Portfolio
7.5.3 Agrikomp Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Agrikomp Main Business and Markets Served
7.5.5 Agrikomp Recent Developments/Updates
7.6 LIEBHERR
7.6.1 LIEBHERR Combined Heat and Power Generator Set Corporation Information
7.6.2 LIEBHERR Combined Heat and Power Generator Set Product Portfolio
7.6.3 LIEBHERR Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.6.4 LIEBHERR Main Business and Markets Served
7.6.5 LIEBHERR Recent Developments/Updates
7.7 2G Energy AG
7.7.1 2G Energy AG Combined Heat and Power Generator Set Corporation Information
7.7.2 2G Energy AG Combined Heat and Power Generator Set Product Portfolio
7.7.3 2G Energy AG Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.7.4 2G Energy AG Main Business and Markets Served
7.7.5 2G Energy AG Recent Developments/Updates
7.8 MAHLE Powertrain Ltd
7.8.1 MAHLE Powertrain Ltd Combined Heat and Power Generator Set Corporation Information
7.8.2 MAHLE Powertrain Ltd Combined Heat and Power Generator Set Product Portfolio
7.8.3 MAHLE Powertrain Ltd Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.8.4 MAHLE Powertrain Ltd Main Business and Markets Served
7.7.5 MAHLE Powertrain Ltd Recent Developments/Updates
7.9 Teksan
7.9.1 Teksan Combined Heat and Power Generator Set Corporation Information
7.9.2 Teksan Combined Heat and Power Generator Set Product Portfolio
7.9.3 Teksan Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Teksan Main Business and Markets Served
7.9.5 Teksan Recent Developments/Updates
7.10 PowerLink
7.10.1 PowerLink Combined Heat and Power Generator Set Corporation Information
7.10.2 PowerLink Combined Heat and Power Generator Set Product Portfolio
7.10.3 PowerLink Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.10.4 PowerLink Main Business and Markets Served
7.10.5 PowerLink Recent Developments/Updates
7.11 Lindenberg-Anlagen GmbH
7.11.1 Lindenberg-Anlagen GmbH Combined Heat and Power Generator Set Corporation Information
7.11.2 Lindenberg-Anlagen GmbH Combined Heat and Power Generator Set Product Portfolio
7.11.3 Lindenberg-Anlagen GmbH Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Lindenberg-Anlagen GmbH Main Business and Markets Served
7.11.5 Lindenberg-Anlagen GmbH Recent Developments/Updates
7.12 Yanmar
7.12.1 Yanmar Combined Heat and Power Generator Set Corporation Information
7.12.2 Yanmar Combined Heat and Power Generator Set Product Portfolio
7.12.3 Yanmar Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Yanmar Main Business and Markets Served
7.12.5 Yanmar Recent Developments/Updates
7.13 MAN Energy Solutions
7.13.1 MAN Energy Solutions Combined Heat and Power Generator Set Corporation Information
7.13.2 MAN Energy Solutions Combined Heat and Power Generator Set Product Portfolio
7.13.3 MAN Energy Solutions Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.13.4 MAN Energy Solutions Main Business and Markets Served
7.13.5 MAN Energy Solutions Recent Developments/Updates
7.14 Frontier Power Products ULC
7.14.1 Frontier Power Products ULC Combined Heat and Power Generator Set Corporation Information
7.14.2 Frontier Power Products ULC Combined Heat and Power Generator Set Product Portfolio
7.14.3 Frontier Power Products ULC Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Frontier Power Products ULC Main Business and Markets Served
7.14.5 Frontier Power Products ULC Recent Developments/Updates
7.15 Ettes Power
7.15.1 Ettes Power Combined Heat and Power Generator Set Corporation Information
7.15.2 Ettes Power Combined Heat and Power Generator Set Product Portfolio
7.15.3 Ettes Power Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Ettes Power Main Business and Markets Served
7.15.5 Ettes Power Recent Developments/Updates
7.16 CNPC Jichai Power Company Limited
7.16.1 CNPC Jichai Power Company Limited Combined Heat and Power Generator Set Corporation Information
7.16.2 CNPC Jichai Power Company Limited Combined Heat and Power Generator Set Product Portfolio
7.16.3 CNPC Jichai Power Company Limited Combined Heat and Power Generator Set Production, Value, Price and Gross Margin (2019-2024)
7.16.4 CNPC Jichai Power Company Limited Main Business and Markets Served
7.16.5 CNPC Jichai Power Company Limited Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Combined Heat and Power Generator Set Industry Chain Analysis
8.2 Combined Heat and Power Generator Set Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Combined Heat and Power Generator Set Production Mode & Process
8.4 Combined Heat and Power Generator Set Sales and Marketing
8.4.1 Combined Heat and Power Generator Set Sales Channels
8.4.2 Combined Heat and Power Generator Set Distributors
8.5 Combined Heat and Power Generator Set Customers
9 Combined Heat and Power Generator Set Market Dynamics
9.1 Combined Heat and Power Generator Set Industry Trends
9.2 Combined Heat and Power Generator Set Market Drivers
9.3 Combined Heat and Power Generator Set Market Challenges
9.4 Combined Heat and Power Generator Set Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Caterpillar
mtu
Cummins
GE
Agrikomp
LIEBHERR
2G Energy AG
MAHLE Powertrain Ltd
Teksan
PowerLink
Lindenberg-Anlagen GmbH
Yanmar
MAN Energy Solutions
Frontier Power Products ULC
Ettes Power
CNPC Jichai Power Company Limited
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*If Applicable.