Global Combined Heat and Power in Commercial Building Market 2015-2019

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Transcript of Global Combined Heat and Power in Commercial Building Market 2015-2019

Global Combined Heat and Power in Commercial Building Market 2015-2019

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Global Combined Heat and Power in Commercial Building Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global Combined Heat and Power in Commercial

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Key Trends

Technavio’s Senior Analyst says, “CHP systems offer higher efficiency compared to conventional thermal and power generation systems. A single highly efficient CHP process recovers heat loss during various processes, and eliminates the T&D losses incurred from power transfer from centralized power plants. This reduces the dependency on a central grid for power and also the risk of power failure and electrical grid disturbances.”

• 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.

• 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.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Combined Heat and Power in Commercial Building Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our report:

Global Combined Heat and Power in Commercial Building Market 2015-2019

Cummins Power Generation

Dresser-Rand

GE Power & Water

Cummins Power Generation was founded in 1968, and is headquartered in Minneapolis, US. The company designs and manufactures components for power generation systems, including controls, alternators, transfer switches, and switchgear.

Dresser-Rand was founded in 2004, and is headquartered in Houston, Texas, US. It is one of the world's leading manufacturers of custom-engineered rotating equipment solutions. It serves customers in the environmental, process, oil and gas, petrochemical, power generation, military, and other industries worldwide.

GE Power & Water is a global provider of power generation, energy delivery, and water process technologies. It is headquartered in Schenectady, New York.

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Market Landscape

• The market is likely to grow significantly during the forecast period with many countries acknowledging the benefits of CHP technology, such as enhanced efficiency and cost reduction.

• As an integrated system, CHP includes prime mover technologies like gas turbines, micro-turbines, and fuel cells, coupled with hardware and software components.

• Advances in these prime mover technologies will determine the future growth of the market. The installations are mainly confined to the developed market in Northern Europe and the US.

• Hospitals, hotels, universities, and other establishments that require 24/7 power are the major contributors to market revenue.

• Though the technology has been able to achieve only limited market penetration, it has huge potential in the near future.

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Key Buying CriteriaGuest Bloggers

Parameter Details

Customization

Vendors should provide industry-specific customized products to meet the specific needs of customers.

Maintenance and Support Vendors should provide regular services for support as well as repair.

Total Cost of Ownership

Vendors should provide cost-effective and energy-efficient CHP systems that offer a high return on investment.

Reliability CHP systems should be able to perform consistently for a long duration.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Combined Heat and Power in Commercial

Building Market 2015-2019

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