Micro Combined Heat and Power (CHP) systems can be a viable and energy-efficient solution for residential applications. These systems generate both heat and electricity from a single source, usually natural gas or propane, and provide simultaneous energy production for heating and electricity needs.
Some of the applications of micro-CHP systems for residential include:
Heating and electricity production: Micro-CHP systems can produce electricity and heat simultaneously. This can help reduce energy bills and carbon emissions, making them an environmentally friendly option for housing.
Backup power: Micro-CHP systems can also serve as backup power in case of a power outage. This is especially useful for households with medical equipment that require continuous power supply.
Reduction of greenhouse gas emissions: Micro-CHP systems emit less greenhouse gases compared to traditional energy sources such as coal-fired power plants. Using these systems can, therefore, help reduce the carbon footprint of households.
Cost savings: Micro-CHP systems can help households save money on energy bills by reducing the amount of electricity and gas purchased from utility companies. They can also help households earn money through feed-in tariffs, which are payments made for excess electricity generated by the system and fed back into the grid.
Increased energy efficiency: Micro-CHP systems can be more efficient than traditional heating systems since they generate electricity while producing heat. This can result in higher energy savings for households.
Overall, micro-CHP systems can be an attractive option for homeowners looking to reduce their energy bills, increase their energy efficiency, and reduce their carbon footprint.
The global Residential Micro CHP Systems market was valued at US$ 436 million in 2023 and is anticipated to reach US$ 734 million by 2030, witnessing a CAGR of 7.6% during the forecast period 2024-2030.
North American market for Residential Micro CHP Systems 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 Residential Micro CHP Systems 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 Residential Micro CHP Systems include Viessmann, Aisin, BDR Thermea Group, Yanmar, Bosch, Tedom AS, EC Power, Indop, SolydEra, inhouse engineering GmbH, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Residential Micro CHP Systems, 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 Residential Micro CHP Systems.
The Residential Micro CHP Systems market size, estimations, and forecasts are provided in terms of output/shipments (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 Residential Micro CHP Systems 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 Residential Micro CHP Systems 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
Viessmann
Aisin
BDR Thermea Group
Yanmar
Bosch
Tedom AS
EC Power
Indop
SolydEra
inhouse engineering GmbH
MICRO TURBINE TECHNOLOGY BV
Helbio
by Type
Fuel Cell
IC Engines
Others
by Application
Heating and Electricity Production
Backup Power
Production by Region
North America
Europe
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
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 Residential Micro CHP Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Micro CHP Systems 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 Residential Micro CHP Systems 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.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Residential Micro CHP Systems Market Overview
1.1 Product Definition
1.2 Residential Micro CHP Systems by Type
1.2.1 Global Residential Micro CHP Systems Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Fuel Cell
1.2.3 IC Engines
1.2.4 Others
1.3 Residential Micro CHP Systems by Application
1.3.1 Global Residential Micro CHP Systems Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Heating and Electricity Production
1.3.3 Backup Power
1.4 Global Market Growth Prospects
1.4.1 Global Residential Micro CHP Systems Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Residential Micro CHP Systems Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Residential Micro CHP Systems Production Estimates and Forecasts (2019-2030)
1.4.4 Global Residential Micro CHP Systems Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Residential Micro CHP Systems Production Market Share by Manufacturers (2019-2024)
2.2 Global Residential Micro CHP Systems Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Residential Micro CHP Systems, Industry Ranking, 2022 VS 2023
2.4 Global Residential Micro CHP Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Residential Micro CHP Systems Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Residential Micro CHP Systems, Manufacturing Sites & Headquarters
2.7 Global Key Manufacturers of Residential Micro CHP Systems, Product Type & Application
2.8 Global Key Manufacturers of Residential Micro CHP Systems, Date of Enter into This Industry
2.9 Global Residential Micro CHP Systems Market Competitive Situation and Trends
2.9.1 Global Residential Micro CHP Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Residential Micro CHP Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Residential Micro CHP Systems Production by Region
3.1 Global Residential Micro CHP Systems Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Residential Micro CHP Systems Production Value by Region (2019-2030)
3.2.1 Global Residential Micro CHP Systems Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Residential Micro CHP Systems by Region (2025-2030)
3.3 Global Residential Micro CHP Systems Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Residential Micro CHP Systems Production by Region (2019-2030)
3.4.1 Global Residential Micro CHP Systems Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Residential Micro CHP Systems by Region (2025-2030)
3.5 Global Residential Micro CHP Systems Market Price Analysis by Region (2019-2024)
3.6 Global Residential Micro CHP Systems Production and Value, Year-over-Year Growth
3.6.1 North America Residential Micro CHP Systems Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Residential Micro CHP Systems Production Value Estimates and Forecasts (2019-2030)
3.6.3 Japan Residential Micro CHP Systems Production Value Estimates and Forecasts (2019-2030)
4 Residential Micro CHP Systems Consumption by Region
4.1 Global Residential Micro CHP Systems Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Residential Micro CHP Systems Consumption by Region (2019-2030)
4.2.1 Global Residential Micro CHP Systems Consumption by Region (2019-2030)
4.2.2 Global Residential Micro CHP Systems Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Residential Micro CHP Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Residential Micro CHP Systems Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Residential Micro CHP Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Residential Micro CHP Systems 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 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Residential Micro CHP Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Residential Micro CHP Systems 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 Residential Micro CHP Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Residential Micro CHP Systems Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Residential Micro CHP Systems Production by Type (2019-2030)
5.1.1 Global Residential Micro CHP Systems Production by Type (2019-2024)
5.1.2 Global Residential Micro CHP Systems Production by Type (2025-2030)
5.1.3 Global Residential Micro CHP Systems Production Market Share by Type (2019-2030)
5.2 Global Residential Micro CHP Systems Production Value by Type (2019-2030)
5.2.1 Global Residential Micro CHP Systems Production Value by Type (2019-2024)
5.2.2 Global Residential Micro CHP Systems Production Value by Type (2025-2030)
5.2.3 Global Residential Micro CHP Systems Production Value Market Share by Type (2019-2030)
5.3 Global Residential Micro CHP Systems Price by Type (2019-2030)
6 Segment by Application
6.1 Global Residential Micro CHP Systems Production by Application (2019-2030)
6.1.1 Global Residential Micro CHP Systems Production by Application (2019-2024)
6.1.2 Global Residential Micro CHP Systems Production by Application (2025-2030)
6.1.3 Global Residential Micro CHP Systems Production Market Share by Application (2019-2030)
6.2 Global Residential Micro CHP Systems Production Value by Application (2019-2030)
6.2.1 Global Residential Micro CHP Systems Production Value by Application (2019-2024)
6.2.2 Global Residential Micro CHP Systems Production Value by Application (2025-2030)
6.2.3 Global Residential Micro CHP Systems Production Value Market Share by Application (2019-2030)
6.3 Global Residential Micro CHP Systems Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Viessmann
7.1.1 Viessmann Residential Micro CHP Systems Company Information
7.1.2 Viessmann Residential Micro CHP Systems Product Portfolio
7.1.3 Viessmann Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Viessmann Main Business and Markets Served
7.1.5 Viessmann Recent Developments/Updates
7.2 Aisin
7.2.1 Aisin Residential Micro CHP Systems Company Information
7.2.2 Aisin Residential Micro CHP Systems Product Portfolio
7.2.3 Aisin Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Aisin Main Business and Markets Served
7.2.5 Aisin Recent Developments/Updates
7.3 BDR Thermea Group
7.3.1 BDR Thermea Group Residential Micro CHP Systems Company Information
7.3.2 BDR Thermea Group Residential Micro CHP Systems Product Portfolio
7.3.3 BDR Thermea Group Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.3.4 BDR Thermea Group Main Business and Markets Served
7.3.5 BDR Thermea Group Recent Developments/Updates
7.4 Yanmar
7.4.1 Yanmar Residential Micro CHP Systems Company Information
7.4.2 Yanmar Residential Micro CHP Systems Product Portfolio
7.4.3 Yanmar Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Yanmar Main Business and Markets Served
7.4.5 Yanmar Recent Developments/Updates
7.5 Bosch
7.5.1 Bosch Residential Micro CHP Systems Company Information
7.5.2 Bosch Residential Micro CHP Systems Product Portfolio
7.5.3 Bosch Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Bosch Main Business and Markets Served
7.5.5 Bosch Recent Developments/Updates
7.6 Tedom AS
7.6.1 Tedom AS Residential Micro CHP Systems Company Information
7.6.2 Tedom AS Residential Micro CHP Systems Product Portfolio
7.6.3 Tedom AS Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Tedom AS Main Business and Markets Served
7.6.5 Tedom AS Recent Developments/Updates
7.7 EC Power
7.7.1 EC Power Residential Micro CHP Systems Company Information
7.7.2 EC Power Residential Micro CHP Systems Product Portfolio
7.7.3 EC Power Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.7.4 EC Power Main Business and Markets Served
7.7.5 EC Power Recent Developments/Updates
7.8 Indop
7.8.1 Indop Residential Micro CHP Systems Company Information
7.8.2 Indop Residential Micro CHP Systems Product Portfolio
7.8.3 Indop Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Indop Main Business and Markets Served
7.8.5 Indop Recent Developments/Updates
7.9 SolydEra
7.9.1 SolydEra Residential Micro CHP Systems Company Information
7.9.2 SolydEra Residential Micro CHP Systems Product Portfolio
7.9.3 SolydEra Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.9.4 SolydEra Main Business and Markets Served
7.9.5 SolydEra Recent Developments/Updates
7.10 inhouse engineering GmbH
7.10.1 inhouse engineering GmbH Residential Micro CHP Systems Company Information
7.10.2 inhouse engineering GmbH Residential Micro CHP Systems Product Portfolio
7.10.3 inhouse engineering GmbH Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.10.4 inhouse engineering GmbH Main Business and Markets Served
7.10.5 inhouse engineering GmbH Recent Developments/Updates
7.11 MICRO TURBINE TECHNOLOGY BV
7.11.1 MICRO TURBINE TECHNOLOGY BV Residential Micro CHP Systems Company Information
7.11.2 MICRO TURBINE TECHNOLOGY BV Residential Micro CHP Systems Product Portfolio
7.11.3 MICRO TURBINE TECHNOLOGY BV Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.11.4 MICRO TURBINE TECHNOLOGY BV Main Business and Markets Served
7.11.5 MICRO TURBINE TECHNOLOGY BV Recent Developments/Updates
7.12 Helbio
7.12.1 Helbio Residential Micro CHP Systems Company Information
7.12.2 Helbio Residential Micro CHP Systems Product Portfolio
7.12.3 Helbio Residential Micro CHP Systems Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Helbio Main Business and Markets Served
7.12.5 Helbio Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Residential Micro CHP Systems Industry Chain Analysis
8.2 Residential Micro CHP Systems Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Residential Micro CHP Systems Production Mode & Process
8.4 Residential Micro CHP Systems Sales and Marketing
8.4.1 Residential Micro CHP Systems Sales Channels
8.4.2 Residential Micro CHP Systems Distributors
8.5 Residential Micro CHP Systems Customers
9 Residential Micro CHP Systems Market Dynamics
9.1 Residential Micro CHP Systems Industry Trends
9.2 Residential Micro CHP Systems Market Drivers
9.3 Residential Micro CHP Systems Market Challenges
9.4 Residential Micro CHP Systems Market Restraints
10 Research Findings 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
Viessmann
Aisin
BDR Thermea Group
Yanmar
Bosch
Tedom AS
EC Power
Indop
SolydEra
inhouse engineering GmbH
MICRO TURBINE TECHNOLOGY BV
Helbio
听
听
*If Applicable.