The global Micro Combined Heat and Power market was valued at US$ 3253.1 million in 2023 and is anticipated to reach US$ 6005.2 million by 2030, witnessing a CAGR of 8.7% during the forecast period 2024-2030.
North American market for Micro Combined Heat and Power 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 Micro Combined Heat and Power 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 global market for Micro Combined Heat and Power in Residential is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Micro Combined Heat and Power include Yanmar, BDR Thermea Group, G Energy AG, VIESSMANN Manufacturing Company Inc., General Electric, Siemens, Veolia, Vaillant and Marathon Engine System, 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 Micro Combined Heat and Power, 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 Micro Combined Heat and Power.
Report Scope
The Micro Combined Heat and Power market size, estimations, and forecasts are provided in terms of 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 Micro Combined Heat and Power 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 Micro Combined Heat and Power companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
Yanmar
BDR Thermea Group
G Energy AG
VIESSMANN Manufacturing Company Inc.
General Electric
Siemens
Veolia
Vaillant
Marathon Engine System
Micro Turbine Technology B.V.
Ballard Power System Europe A/S
ENER-G Rudox
AISIN SEIKI Co. Ltd.
TEDOM
Samad Power
Segment by Type
ā¤2 kW
2-10kW
10-50kW
Segment by Application
Residential
Commercial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (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: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Micro Combined Heat and Power companiesā competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Micro Combined Heat and Power Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 ā¤2 kW
1.2.3 2-10kW
1.2.4 10-50kW
1.3 Market by Application
1.3.1 Global Micro Combined Heat and Power Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Micro Combined Heat and Power Market Perspective (2019-2030)
2.2 Micro Combined Heat and Power Growth Trends by Region
2.2.1 Global Micro Combined Heat and Power Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Micro Combined Heat and Power Historic Market Size by Region (2019-2024)
2.2.3 Micro Combined Heat and Power Forecasted Market Size by Region (2025-2030)
2.3 Micro Combined Heat and Power Market Dynamics
2.3.1 Micro Combined Heat and Power Industry Trends
2.3.2 Micro Combined Heat and Power Market Drivers
2.3.3 Micro Combined Heat and Power Market Challenges
2.3.4 Micro Combined Heat and Power Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Micro Combined Heat and Power Players by Revenue
3.1.1 Global Top Micro Combined Heat and Power Players by Revenue (2019-2024)
3.1.2 Global Micro Combined Heat and Power Revenue Market Share by Players (2019-2024)
3.2 Global Micro Combined Heat and Power Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Micro Combined Heat and Power Revenue
3.4 Global Micro Combined Heat and Power Market Concentration Ratio
3.4.1 Global Micro Combined Heat and Power Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Micro Combined Heat and Power Revenue in 2023
3.5 Micro Combined Heat and Power Key Players Head office and Area Served
3.6 Key Players Micro Combined Heat and Power Product Solution and Service
3.7 Date of Enter into Micro Combined Heat and Power Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Micro Combined Heat and Power Breakdown Data by Type
4.1 Global Micro Combined Heat and Power Historic Market Size by Type (2019-2024)
4.2 Global Micro Combined Heat and Power Forecasted Market Size by Type (2025-2030)
5 Micro Combined Heat and Power Breakdown Data by Application
5.1 Global Micro Combined Heat and Power Historic Market Size by Application (2019-2024)
5.2 Global Micro Combined Heat and Power Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Micro Combined Heat and Power Market Size (2019-2030)
6.2 North America Micro Combined Heat and Power Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Micro Combined Heat and Power Market Size by Country (2019-2024)
6.4 North America Micro Combined Heat and Power Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Micro Combined Heat and Power Market Size (2019-2030)
7.2 Europe Micro Combined Heat and Power Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Micro Combined Heat and Power Market Size by Country (2019-2024)
7.4 Europe Micro Combined Heat and Power Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Micro Combined Heat and Power Market Size (2019-2030)
8.2 Asia-Pacific Micro Combined Heat and Power Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Micro Combined Heat and Power Market Size by Region (2019-2024)
8.4 Asia-Pacific Micro Combined Heat and Power Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Micro Combined Heat and Power Market Size (2019-2030)
9.2 Latin America Micro Combined Heat and Power Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Micro Combined Heat and Power Market Size by Country (2019-2024)
9.4 Latin America Micro Combined Heat and Power Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Micro Combined Heat and Power Market Size (2019-2030)
10.2 Middle East & Africa Micro Combined Heat and Power Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Micro Combined Heat and Power Market Size by Country (2019-2024)
10.4 Middle East & Africa Micro Combined Heat and Power Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Yanmar
11.1.1 Yanmar Company Detail
11.1.2 Yanmar Business Overview
11.1.3 Yanmar Micro Combined Heat and Power Introduction
11.1.4 Yanmar Revenue in Micro Combined Heat and Power Business (2019-2024)
11.1.5 Yanmar Recent Development
11.2 BDR Thermea Group
11.2.1 BDR Thermea Group Company Detail
11.2.2 BDR Thermea Group Business Overview
11.2.3 BDR Thermea Group Micro Combined Heat and Power Introduction
11.2.4 BDR Thermea Group Revenue in Micro Combined Heat and Power Business (2019-2024)
11.2.5 BDR Thermea Group Recent Development
11.3 G Energy AG
11.3.1 G Energy AG Company Detail
11.3.2 G Energy AG Business Overview
11.3.3 G Energy AG Micro Combined Heat and Power Introduction
11.3.4 G Energy AG Revenue in Micro Combined Heat and Power Business (2019-2024)
11.3.5 G Energy AG Recent Development
11.4 VIESSMANN Manufacturing Company Inc.
11.4.1 VIESSMANN Manufacturing Company Inc. Company Detail
11.4.2 VIESSMANN Manufacturing Company Inc. Business Overview
11.4.3 VIESSMANN Manufacturing Company Inc. Micro Combined Heat and Power Introduction
11.4.4 VIESSMANN Manufacturing Company Inc. Revenue in Micro Combined Heat and Power Business (2019-2024)
11.4.5 VIESSMANN Manufacturing Company Inc. Recent Development
11.5 General Electric
11.5.1 General Electric Company Detail
11.5.2 General Electric Business Overview
11.5.3 General Electric Micro Combined Heat and Power Introduction
11.5.4 General Electric Revenue in Micro Combined Heat and Power Business (2019-2024)
11.5.5 General Electric Recent Development
11.6 Siemens
11.6.1 Siemens Company Detail
11.6.2 Siemens Business Overview
11.6.3 Siemens Micro Combined Heat and Power Introduction
11.6.4 Siemens Revenue in Micro Combined Heat and Power Business (2019-2024)
11.6.5 Siemens Recent Development
11.7 Veolia
11.7.1 Veolia Company Detail
11.7.2 Veolia Business Overview
11.7.3 Veolia Micro Combined Heat and Power Introduction
11.7.4 Veolia Revenue in Micro Combined Heat and Power Business (2019-2024)
11.7.5 Veolia Recent Development
11.8 Vaillant
11.8.1 Vaillant Company Detail
11.8.2 Vaillant Business Overview
11.8.3 Vaillant Micro Combined Heat and Power Introduction
11.8.4 Vaillant Revenue in Micro Combined Heat and Power Business (2019-2024)
11.8.5 Vaillant Recent Development
11.9 Marathon Engine System
11.9.1 Marathon Engine System Company Detail
11.9.2 Marathon Engine System Business Overview
11.9.3 Marathon Engine System Micro Combined Heat and Power Introduction
11.9.4 Marathon Engine System Revenue in Micro Combined Heat and Power Business (2019-2024)
11.9.5 Marathon Engine System Recent Development
11.10 Micro Turbine Technology B.V.
11.10.1 Micro Turbine Technology B.V. Company Detail
11.10.2 Micro Turbine Technology B.V. Business Overview
11.10.3 Micro Turbine Technology B.V. Micro Combined Heat and Power Introduction
11.10.4 Micro Turbine Technology B.V. Revenue in Micro Combined Heat and Power Business (2019-2024)
11.10.5 Micro Turbine Technology B.V. Recent Development
11.11 Ballard Power System Europe A/S
11.11.1 Ballard Power System Europe A/S Company Detail
11.11.2 Ballard Power System Europe A/S Business Overview
11.11.3 Ballard Power System Europe A/S Micro Combined Heat and Power Introduction
11.11.4 Ballard Power System Europe A/S Revenue in Micro Combined Heat and Power Business (2019-2024)
11.11.5 Ballard Power System Europe A/S Recent Development
11.12 ENER-G Rudox
11.12.1 ENER-G Rudox Company Detail
11.12.2 ENER-G Rudox Business Overview
11.12.3 ENER-G Rudox Micro Combined Heat and Power Introduction
11.12.4 ENER-G Rudox Revenue in Micro Combined Heat and Power Business (2019-2024)
11.12.5 ENER-G Rudox Recent Development
11.13 AISIN SEIKI Co. Ltd.
11.13.1 AISIN SEIKI Co. Ltd. Company Detail
11.13.2 AISIN SEIKI Co. Ltd. Business Overview
11.13.3 AISIN SEIKI Co. Ltd. Micro Combined Heat and Power Introduction
11.13.4 AISIN SEIKI Co. Ltd. Revenue in Micro Combined Heat and Power Business (2019-2024)
11.13.5 AISIN SEIKI Co. Ltd. Recent Development
11.14 TEDOM
11.14.1 TEDOM Company Detail
11.14.2 TEDOM Business Overview
11.14.3 TEDOM Micro Combined Heat and Power Introduction
11.14.4 TEDOM Revenue in Micro Combined Heat and Power Business (2019-2024)
11.14.5 TEDOM Recent Development
11.15 Samad Power
11.15.1 Samad Power Company Detail
11.15.2 Samad Power Business Overview
11.15.3 Samad Power Micro Combined Heat and Power Introduction
11.15.4 Samad Power Revenue in Micro Combined Heat and Power Business (2019-2024)
11.15.5 Samad Power Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Yanmar
BDR Thermea Group
G Energy AG
VIESSMANN Manufacturing Company Inc.
General Electric
Siemens
Veolia
Vaillant
Marathon Engine System
Micro Turbine Technology B.V.
Ballard Power System Europe A/S
ENER-G Rudox
AISIN SEIKI Co. Ltd.
TEDOM
Samad Power
Ģż
Ģż
*If Applicable.