Albany, NY -- (SBWIRE) -- 07/20/2015 -- About Combined Heat and Power

CHP integrates the production of usable heat and electricity in a single, highly efficient process. CHP generates electricity while also capturing the usable heat dissipated during the process. A commercial facility can use CHP to generate both heat and power through one energy-efficient step rather than purchasing electricity from utilities or producing thermal energy from an on-site furnace. This technology has an added advantage of preventing energy loss during transmission and distribution of electricity through national grids or local distribution networks. The high efficiency of CHP technology can result in significant energy savings in commercial buildings.

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Technavio's analysts forecast the global combined heat and power in commercial building market to grow at a CAGR of 8.3% over the period 2014-2019.

Covered in this Report

The global combined heat and power in commercial building market can be segmented into three divisions by fuel: diesel, gas, and others.

Technavio's report, Global Combined Heat and Power in Commercial Building Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

Cummins Power Generation
Dresser-Rand
GE Power & Water
Honeywell International
Wartsila

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Other Prominent Vendors

Aegis Energy Services
Ameresco
Caterpillar

Market Driver

Higher Efficiency than Conventional Electricity Generation
For a full, detailed list, view our report.

Market Challenge

High Initial Cost
For a full, detailed list, view our report

Market Trend

Increased Adoption of Distributed Energy
For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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