Micro Combined Heat and Power Market Scenario
Micro-combined heat and power (MCHP) is a
next-generation power solution, particularly, defined for small size
cogeneration plants. MCHP is capable of meeting the demand for space heating or
cooling in buildings, accompanied by the capability of fulfilling the demand
for electricity, which can replace the need for grid supply. The main output of
the MCHP systems is heat with some electricity generation, at a typical ratio
of 6:1 (heat to electricity). The buildings that include residential and
commercial infrastructure contributed to around 21% of the total energy
consumption, in 2015.
Combined Heat and power (CHP) technology is a
well-established method of generating electricity and thermal heat,
simultaneously, from the same source. The technology is gaining more attention
from the fact that the energy produced through cogeneration offers up to 80%
efficiency. According to research, around 8% of the total electricity generated
is from the cogeneration plants.
Prominent Players:
Some of the key players of global MCHP market are
Honda Power (Japan), Vaillant Group (Germany), Yanmar Holdings Co. Ltd.
(Japan), Ceres Power Holdings PLC (U.K), Qnergy (U.S.), Aisin Group (Japan),
BDR Thermea Group (U.K), Centrica plc (U.K), Mondragon Corporation (Spain),
Viessmann Group (Germany), Dantherm Power (Denmark), Nucusa Energy (U.S.), and
Solid Power (U.S.).
Micro Combined Heat and Power (MCHP) Market Segmentation
Global MCHP market has been segmented on the
basis of type, technology, application and region.
Based on type, the market is further classified as
engine based and fuel-cell based. The fuel-cell based segment is expected to
dominate the market due to increased focus on fuel cell technology and its
benefits over the conventional power generation systems.
The engine based MCHP has power generation capacity of
1 kWh, while the fuel-cell based MCHP can generate up to 2kWh of power and has
an electrical output of more than 65% efficiency. Segregating the technology
segment, the sub-segments are internal combustion engine, PEMFC, Rankine cycle
engine, Stirling engine, and SOFC. Amongst these, Stirling engine and SOFC
segments are the most successful technology segments due to their capacity of
saving more carbon footprint and greater operational efficiency than rest of
the sub-segments.
Based on application, the market is further segmented
as residential and commercial. Commercial segment accounts for the largest
segments, due to funding and incentives provided by the government to install the
MCHP systems. Also, the unused electricity generated, can be sold back to the
grid, through which the commercial segments make profits, thus contributing the
largest market share.
List Of Tables
Table 1 Global MCHP Market: By Region, 2018-2023
Table 2 North America MCHP Market: By Country,
2018-2023
Table 3 Europe MCHP Market: By Country, 2018-2023
Table 4 Asia Pacific MCHP Market: By Country,
2018-2023
Table 5 RoW MCHP Market: By Country, 2018-2023
Table 6 Global MCHP Market By Type Market: By Regions,
2018-2023
Table 7 North America MCHP Market By Type: By Country,
2018-2023
Table 8 Europe MCHP Market By Type: By Country,
2018-2023
Continued.......
View
More Info @ https://reut.rs/2KMN53x
About
Market Research Future:
At Market Research Future (MRFR),
we enable our customers to unravel the complexity of various industries through
our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw
Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
No comments:
Post a Comment