Press release
Global Fuel Cell Market for CHP Applications Forecast To Grow At CAGR Of 24.96% Between 2016-2020
About Fuel Cell Market
A CHP system involves the simultaneous production of electricity and usable heat from a power plant or heat engine in a single, highly efficient process. It captures the energy produced during power generation and puts it to use for commercial and residential heat production. CHP technology is both cost-effective and environment-friendly. A commercial facility can use CHP to provide both heat and power through a single energy-efficient step, instead of purchasing electricity from utilities and separately producing thermal energy from onsite furnaces. CHP technology helps in preventing power losses during transmission and distribution of electricity through national grids or local distribution networks.
Technavios analysts forecast the global fuel cell market for CHP applications to grow at a CAGR of 24.96% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global fuel cell market for CHP applications for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of the FC-CHP products in the market.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Fuel Cell Market for CHP Applications 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ACAL Energy
Bloom Energy
FuelCell Energy
Viessmann
Other prominent vendors
Aisin Seiki
Baxi (BDR Thermea)
Ceres Power
Doosan Fuel Cell
Elcore
ENEOS Celltech (JX Nippon Oil & Energy)
EnerFuel
Haldor Topse
HEXIS
Kyocera
Panasonic
SOLIDpower
Toshiba
Vaillant
Market driver
Increasing demand for efficient and cleaner technologies.
For a full, detailed list, view our report
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Market challenge
Uncertainties associated with low crude oil prices.
For a full, detailed list, view our report
Market trend
Increase in R&D investments and activities.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 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?
Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
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PART 06: Market segmentation by application
Global fuel cell market for CHP applications by application 2015-2020
Global fuel cell market for CHP applications in non-residential sector
Global fuel cell market for CHP applications in residential sector
PART 07: Market segmentation by product type
Global fuel cell market for CHP applications by product type 2015-2020
Global fuel cell market for CHP applications by PEMFC
Global fuel cell market for CHP applications by MCFC
Global fuel cell market for CHP applications by SOFC
Global fuel cell market for CHP applications by PAFC
PART 08: Geographical segmentation
Global fuel cell market for CHP applications by geography 2015-2020
Fuel cell market for CHP applications in APAC
Fuel cell market for CHP applications in Americas
Fuel cell market for CHP applications in EMEA
PART 09: Key leading countries
PART 10: Market drivers
Increasing demand for efficient and cleaner technologies
Rising adoption of fuel cell products
Growing government incentives for FC-CHPs
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