マイクロCHP市場 : 2029年までの世界予測

出版：MarketsandMarkets（マーケッツアンドマーケッツ）　出版年月：2024年5月

Micro Combined Heat & Power Market – Global Forecast to 2029

マイクロCHP（超小型熱電併給）市場 : テクノロジー (IC エンジン、PEMFC、ランキンサイクルエンジン、スターリングエンジン、SOFC)、タイプ (エンジン、燃料電池)、用途 (家庭用、商業用)、容量 (<5kW、5 ～ 10kW、10 ～ 50kW) ＆地域別 – 2029年までの世界予測 Micro Combined Heat and Power Market by Technology (IC Engine, PEMFC, Rankine Cycle Engine, Stirling Engine, SOFC), Type (Engine, Fuel Cell), Application (Residential, Commercial), Capacity (<5kW, 5–10kW, 10–50kW) and Region – Global Forecast to 2029

お問合せ・ご注文　　出版社・価格・納期について

Report Overview

The global Micro combined heat and power market is projected to reach USD 4.8 billion by 2029 from an estimated USD 3.1 billion in 2024, at a CAGR of 9.4% during the forecast period.

世界のマイクロCHP（超小型熱電併給）市場は、予測期間中のCAGR 9.4%で、2024年の推定31億米ドルから2029年までに48億米ドルに達すると予測されています。

The increasing demand for Micro combined heat and power is driven by their efficient utilization of heat, reduced carbon emissions, simultaneous electricity and heating demand and increasing reliance on electric heating.

“Commercial segment is expected to emerge as the second fastest segment based on Application.”

Based on Application, the Micro combined heat and power market has been segmented into Residential and Commercial. This segment is increasing due to offering a unique approach to energy generation for small to medium-sized businesses. These systems provide both electricity and usable heat, making them ideal for applications with consistent demands for both.

“5KW – 10 KW is expected to be the second largest segment of the Micro combined heat and power market, by Capacity.”

Based on Capacity, the Micro combined heat and power market has been segmented into < 5 KW, 5 KW-10KW and 10 KW – 50 KW. The 5 KW – 10 KW segment is the second largest segment in the Micro combined heat and power market because of the demand from Commercial sector. The segment consists of MCHP plants mainly with IC engines such as gas and diesel engines as prime movers. The demand for diesel power engines in this MCHP segment comes from Smaller Commercial plants, and captive generation.

“Asia Pacific” is expected to be the fastest region in the Micro combined heat and power market.”

Asia Pacific is expected to be the fastest region for Micro combined heat and power (MCHP) systems market between 2024–2029 due to its strong emphasis on energy efficiency, renewable energy integration, and climate goals.In the Asia-Pacific region, characterized by rapid urbanization, growing energy demand, and increasing environmental concerns, Micro CHP products hold potential as efficient and sustainable solutions.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

• By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
• By Designation: C-Level- 30%, Director Levels- 25%, and Others- 45%
• By Region: North America- 27%, Europe- 20%, Asia Pacific- 33%, the Middle East & Africa- 8%, and South America- 12%

Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The Micro combined heat and power market is dominated by some major players that have a wide regional presence. The leading players in the market are AISIN CORPORATION (Japan), 2G Energy (Germany), BOSCH INDUSTRIEKESSEL GMBH (Germany), KyungDong Navien (South Korea), and YANMAR HOLDINGS CO., LTD. (Japan).

Research Coverage:

The report defines, describes, and forecasts the global Micro combined heat and power market, by capacity, type, technology, application and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the Micro combined heat and power market.

Key Benefits of Buying the Report

• Analysis of major drivers (Government programs and incentives to promote MCHP), restraints (Economic feasibility of MCHP systems), opportunities (Rise in deployment of micro-CHP systems), challenges (Greenhouse emissions regulations in various countries could be a barrier for new CHP’s running on fossil fuels) influencing the Micro combined heat and power market.

• Product Development/ Innovation: Players involved in the Micro combined heat and power market are investing in research and development activities and are coming up with new products in order to maintain their competitive edge in the market. 2G Energy expanded its aura series with two engines, namely, aura 408 and aura 412. Aura 408 has an electrical output of 280 kW. Aura 412 has an electrical output of 420 kW.

• Market Development: The global Micro combined heat and power market is experiencing robust development due to the supportive policies and incentives from governments and regulatory bodies. Measures such as feed-in tariffs, tax credits, and renewable energy targets encourage investment in MCHP projects and create a favorable market environment for manufacturers and developers.

• Market Diversification: BDR Thermea group, a prominent provider of Engine based CHP systems worldwide, has bolstered its smart indoor climate solutions portfolio by acquiring a majority stake in Eurevia, a prominent French developer of ducted heating and cooling systems.

• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like AISIN CORPORATION (Japan), 2G Energy (Germany), BOSCH INDUSTRIEKESSEL GMBH (Germany), KyungDong Navien (South Korea), and YANMAR HOLDINGS CO., LTD. (Japan) among others in the Micro combined heat and power market.

Table of Contents

1            INTRODUCTION            31

1.1         STUDY OBJECTIVES      31

1.2         MARKET DEFINITION   31

1.3         STUDY SCOPE  32

1.3.1      MARKETS COVERED     32

FIGURE 1           MICRO COMBINED HEAT AND POWER MARKET SEGMENTATION           32

1.3.2      INCLUSIONS AND EXCLUSIONS 32

1.3.3      REGIONAL SCOPE         33

1.3.4      YEARS CONSIDERED     34

1.4         CURRENCY CONSIDERED          34

1.5         UNITS CONSIDERED     34

1.6         LIMITATIONS   34

1.7         STAKEHOLDERS            35

1.8         SUMMARY OF CHANGES            35

1.9         IMPACT OF RECESSION 36

2            RESEARCH METHODOLOGY     37

2.1         RESEARCH DATA           37

FIGURE 2           MICRO COMBINED HEAT AND POWER MARKET: RESEARCH DESIGN              37

2.1.1      SECONDARY DATA       38

2.1.1.1   List of key secondary sources           38

2.1.1.2   Key data from secondary sources     38

2.1.2      PRIMARY DATA 39

2.1.2.1   List of primary interview participants             39

2.1.2.2   Key industry insights          39

2.1.2.3   Key data from primary sources         40

2.1.2.4   Breakdown of primaries     40

2.2         MARKET BREAKDOWN AND DATA TRIANGULATION    41

FIGURE 3           MICRO COMBINED HEAT AND POWER MARKET: DATA TRIANGULATION          42

2.3         SCOPE  42

FIGURE 4           KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR MICRO CHP SYSTEMS   43

2.4         MARKET SIZE ESTIMATION METHODOLOGY    43

2.4.1      BOTTOM-UP APPROACH           43

FIGURE 5           MICRO COMBINED HEAT AND POWER MARKET: BOTTOM-UP APPROACH       44

2.4.1.1   Approach to arrive at market size using bottom-up analysis (demand side)              44

2.4.1.2   Regional analysis 45

2.4.1.3   Country-level analysis        45

2.4.1.4   Demand-side calculations  45

2.4.1.5   Demand-side assumptions 45

2.4.2      TOP-DOWN APPROACH             46

FIGURE 6           MICRO COMBINED HEAT AND POWER MARKET: TOP-DOWN APPROACH       46

2.4.2.1   Approach to arrive at market size using top-down analysis (supply side)  47

FIGURE 7           KEY STEPS CONSIDERED TO ANALYZE SUPPLY OF MICRO CHP SYSTEMS           47

FIGURE 8           MICRO COMBINED HEAT AND POWER MARKET: SUPPLY-SIDE ANALYSIS          48

2.4.2.2   Supply-side calculations     48

2.4.2.3   Supply-side assumptions    48

2.5         FORECAST        49

2.6         RESEARCH ASSUMPTIONS         49

FIGURE 9           MICRO COMBINED HEAT AND POWER MARKET: RESEARCH ASSUMPTIONS 49

2.7         RISK ASSESSMENT         50

TABLE 1             MICRO COMBINED HEAT AND POWER MARKET: RISK ASSESSMENT    50

2.8         RECESSION IMPACT      50

3            EXECUTIVE SUMMARY 51

TABLE 2             MICRO COMBINED HEAT AND POWER MARKET SNAPSHOT              51

FIGURE 10         BELOW 5 KW CAPACITY TO ACCOUNT FOR LARGEST SHARE OF MICRO COMBINED HEAT AND POWER MARKET IN 2029       52

FIGURE 11         INTERNAL COMBUSTION (IC) ENGINES TECHNOLOGY TO DOMINATE MARKET FROM 2024 TO 2029           53

FIGURE 12         ENGINE-BASED TYPE TO DOMINATE MARKET DURING FORECAST PERIOD       53

FIGURE 13         RESIDENTIAL APPLICATION TO HOLD LARGER MARKET SHARE THAN COMMERCIAL APPLICATION IN 2024        54

FIGURE 14         ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF GLOBAL MICRO COMBINED HEAT AND POWER MARKET IN 2024             54

4            PREMIUM INSIGHTS      55

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MICRO COMBINED HEAT AND POWER MARKET     55

FIGURE 15         RAPID URBANIZATION AND POPULATION GROWTH TO PROVIDE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN MICRO COMBINED HEAT AND POWER MARKET     55

4.2         MICRO COMBINED HEAT AND POWER MARKET, BY REGION     55

FIGURE 16         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       55

4.3         MICRO COMBINED HEAT AND POWER MARKET IN ASIA PACIFIC,  BY TECHNOLOGY AND COUNTRY 56

FIGURE 17         INTERNAL COMBUSTION (IC) ENGINES AND JAPAN TO HOLD LARGEST SHARES OF ASIA PACIFIC MICRO COMBINED HEAT AND POWER MARKET IN 2024             56

4.4         MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY 56

FIGURE 18         11–50 KW CAPACITY TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029  56

4.5         MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY              57

FIGURE 19         INTERNAL COMBUSTION (IC) ENGINES TO HOLD LARGEST MARKET SHARE IN 2029 57

4.6         MICRO COMBINED HEAT AND POWER MARKET, BY TYPE          57

FIGURE 20         ENGINE-BASED TYPE TO ACCOUNT FOR LARGER MARKET SHARE THAN FUEL CELL-BASED TYPE IN 2029  57

4.7         MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION              57

FIGURE 21         RESIDENTIAL APPLICATION TO HOLD LARGER MARKET SHARE IN 2029  57

5            MARKET OVERVIEW     58

5.1         INTRODUCTION            58

5.2         MARKET DYNAMICS     58

FIGURE 22         MICRO COMBINED HEAT AND POWER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES       58

5.2.1      DRIVERS            59

5.2.1.1   Government-led initiatives to curb greenhouse gas emissions    59

5.2.1.2   Adoption of natural gas as cost-effective and environment-friendly alternative to heating oils          60

FIGURE 23         NATURAL GAS CONSUMPTION, 2011–2021 (BILLION CUBIC METERS)           60

FIGURE 24         POWER GENERATION FROM NATURAL GAS, 2020–2021 61

5.2.2      RESTRAINTS     61

5.2.2.1   Lack of financial support for micro CHP installation    61

5.2.3      OPPORTUNITIES           62

5.2.3.1   Rising need to replace inefficient boilers        62

5.2.3.2   Higher efficiency of micro CHP systems than traditional units   63

5.2.4      CHALLENGES   64

5.2.4.1   Limited adoption of fossil fuel-based micro CHP systems          64

FIGURE 25         COMBINED HEAT AND POWER FUEL MIX, 2010–2020     64

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 65

FIGURE 26         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              65

5.4         VALUE CHAIN ANALYSIS            65

FIGURE 27         VALUE CHAIN ANALYSIS            65

5.5         ECOSYSTEM ANALYSIS 66

TABLE 3             ROLE OF COMPANIES IN MICRO COMBINED HEAT AND POWER ECOSYSTEM     66

FIGURE 28         MICRO COMBINED HEAT AND POWER ECOSYSTEM      67

5.6         CASE STUDY ANALYSIS 67

5.6.1      MICRO CHP SYSTEMS ENABLE ECO-FRIENDLY POWER AND HEAT GENERATION IN APARTMENT BUILDING IN NEW YORK             67

5.6.2      TATA CHEMICALS INSTALLS CHP SYSTEM TO ENSURE LOWER CARBON INTENSITY OF ELECTRICITY PRODUCTION THAN COMBINED-CYCLE GAS TURBINE    68

5.6.3      RESEARCHERS IN IRAN EMPLOY SIMULATION SOFTWARE IN CHP SYSTEM FOR SMALL-SCALE APPLICATIONS       68

5.7         TECHNOLOGY ANALYSIS           68

5.7.1      KEY TECHNOLOGIES    68

5.7.1.1   Biogas-based micro CHP systems    68

5.7.2      ADJACENT TECHNOLOGIES      69

5.7.2.1   Hybrid CHP systems          69

5.8         TRADE ANALYSIS          70

5.8.1      EXPORT SCENARIO (HS CODE 8406 AND HS CODE 841182)         70

TABLE 4             EXPORT DATA FOR HS CODE 8406-COMPLIANT STEAM TURBINES AND OTHER  VAPOR TURBINES, PARTS THEREOF, BY COUNTRY, 2020–2022 (USD THOUSAND)     70

FIGURE 29         EXPORT DATA FOR HS CODE 8406-COMPLIANT STEAM TURBINES AND  OTHER VAPOR TURBINES, PARTS THEREOF, BY COUNTRY,  2020–2022 (USD THOUSAND)     71

TABLE 5             EXPORT DATA FOR HS CODE 841182-COMPLIANT GAS TURBINES OF >5.000 KW (EXCL. TURBOJETS AND TURBOPROPELLERS), BY COUNTRY, 2020–2022 (USD THOUSAND)            71

FIGURE 30         EXPORT DATA FOR HS CODE 841182-COMPLIANT GAS TURBINES OF >5.000 KW (EXCL. TURBOJETS AND TURBOPROPELLERS), BY COUNTRY,  2020–2022 (USD THOUSAND)          72

5.8.2      IMPORT SCENARIO (HS CODE 8406 AND HS CODE 841182)         72

TABLE 6             IMPORT DATA FOR HS CODE 8406-COMPLIANT STEAM TURBINES AND OTHER VAPOR TURBINES, PARTS THEREOF, BY COUNTRY, 2020–2022 (USD THOUSAND)     73

FIGURE 31         IMPORT DATA FOR HS CODE 8406-COMPLIANT STEAM TURBINES AND  OTHER VAPOR TURBINES, PARTS THEREOF, BY COUNTRY,  2020–2022 (USD THOUSAND)     74

TABLE 7             IMPORT DATA FOR HS CODE 841182-COMPLIANT GAS TURBINES OF  >5.000 KW (EXCL. TURBOJETS AND TURBOPROPELLERS), BY COUNTRY,  2020–2022 (USD THOUSAND)          74

FIGURE 32         IMPORT DATA FOR HS CODE 841182-COMPLIANT GAS TURBINES OF >5.000 KW (EXCL. TURBOJETS AND TURBOPROPELLERS), BY COUNTRY,  2020–2022 (USD THOUSAND)          75

5.9         PATENT ANALYSIS        75

FIGURE 33         PATENTS APPLIED AND GRANTED, 2013–2023   76

5.9.1      LIST OF MAJOR PATENTS          76

TABLE 8             LIST OF MAJOR PATENTS, 2016–2023     76

5.10       KEY CONFERENCES AND EVENTS, 2024 78

TABLE 9             LIST OF CONFERENCES AND EVENTS, 2024        79

5.11       PRICING ANALYSIS        79

5.11.1    AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY CAPACITY              80

FIGURE 34         AVERAGE SELLING PRICE TREND OF MICRO CHP SYSTEMS OFFERED  BY KEY PLAYERS, BY CAPACITY (USD)          80

TABLE 10           AVERAGE SELLING PRICE TREND OF MICRO CHP SYSTEMS OFFERED BY KEY PLAYERS,  BY CAPACITY (USD)          80

5.11.2    AVERAGE SELLING PRICE TREND, BY CAPACITY            80

TABLE 11           AVERAGE SELLING PRICE TREND OF MICRO CHP SYSTEMS, BY CAPACITY,  2021–2023 (USD/KW)          80

FIGURE 35         AVERAGE SELLING PRICE TREND OF MICRO CHP SYSTEMS, BY CAPACITY,  2021–2023 (USD/KW)          81

5.11.3    AVERAGE SELLING PRICE TREND, BY REGION  81

TABLE 12           AVERAGE SELLING PRICE TREND OF MICRO CHP SYSTEMS, BY REGION,  2021–2023 (USD/KW) 81

FIGURE 36         AVERAGE SELLING PRICE TREND OF MICRO CHP SYSTEMS, BY REGION,  2021–2023 (USD/KW) 81

5.12       INVESTMENT AND FUNDING SCENARIO            82

FIGURE 37         INVESTMENT AND FUNDING SCENARIO, 2019–2024       82

TABLE 13           2G ENERGY: FUNDING DETAILS             82

TABLE 14           BOSCH: FUNDING DETAILS       82

TABLE 15           AZELIO: FUNDING DETAILS      82

5.13       TARIFF AND REGULATORY LANDSCAPE            83

5.13.1    TARIFF ANALYSIS          83

TABLE 16           MFN TARIFF RELATED TO HS 841182-COMPLIANT PRODUCTS, BY COUNTRY, 2022        83

TABLE 17           MFN TARIFF RELATED TO HS 8406-COMPLIANT PRODUCTS, BY COUNTRY, 2022        84

5.13.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          84

TABLE 18           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         84

TABLE 19           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85

TABLE 20           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         85

TABLE 21           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          86

TABLE 22           GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86

5.13.3    CODES AND REGULATIONS      86

TABLE 23           NORTH AMERICA: CODES AND REGULATIONS 86

TABLE 24           ASIA PACIFIC: CODES AND REGULATIONS         87

TABLE 25           GLOBAL: CODES AND REGULATIONS   87

5.14       PORTER’S FIVE FORCES ANALYSIS         89

FIGURE 38         PORTER’S FIVE FORCES ANALYSIS         89

TABLE 26           PORTER’S FIVE FORCES ANALYSIS         89

5.14.1    THREAT OF NEW ENTRANTS    90

5.14.2    BARGAINING POWER OF SUPPLIERS     90

5.14.3    BARGAINING POWER OF BUYERS           90

5.14.4    THREAT OF SUBSTITUTES         90

5.14.5    INTENSITY OF COMPETITIVE RIVALRY 90

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    91

5.15.1    KEY STAKEHOLDERS IN BUYING PROCESS         91

FIGURE 39         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION  91

TABLE 27           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION  91

5.15.2    BUYING CRITERIA         91

FIGURE 40         KEY BUYING CRITERIA, BY APPLICATION          91

TABLE 28           KEY BUYING CRITERIA, BY APPLICATION          92

6            MICRO COMBINED HEAT AND POWER MARKET, BY TYPE          93

6.1         INTRODUCTION            94

FIGURE 41         MICRO COMBINED HEAT AND POWER MARKET SHARE, BY TYPE, 2023         94

TABLE 29           MICRO COMBINED HEAT AND POWER MARKET, BY TYPE, 2021–2023 (USD MILLION)          94

TABLE 30           MICRO COMBINED HEAT AND POWER MARKET, BY TYPE, 2024–2029 (USD MILLION)          94

6.2         ENGINE-BASED 95

6.2.1      RISING ENVIRONMENTAL CONCERNS AND ENERGY COSTS TO CONTRIBUTE TO SEGMENTAL GROWTH           95

TABLE 31           ENGINE-BASED: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (USD MILLION)          95

TABLE 32           ENGINE-BASED: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (USD MILLION)          95

6.3         FUEL CELL-BASED        96

6.3.1      INCREASING FOCUS ON TRANSITIONING TO SUSTAINABLE ENERGY FUTURE TO ACCELERATE SEGMENTAL GROWTH          96

TABLE 33           FUEL CELL-BASED: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (USD MILLION)          96

TABLE 34           FUEL CELL-BASED: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (USD MILLION)          96

7            MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY 97

7.1         INTRODUCTION            98

FIGURE 42         MICRO COMBINED HEAT AND POWER MARKET SHARE, BY CAPACITY, 2023 98

TABLE 35           MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2021–2023 (USD MILLION)          98

TABLE 36           MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2024–2029 (USD MILLION)          98

TABLE 37           MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2021–2023 (KW) 99

TABLE 38           MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2024–2029 (KW) 99

7.2         BELOW 5 KW     99

7.2.1      INCREASING INVESTMENT IN DISTRIBUTED POWER GENERATION TO AUGMENT SEGMENTAL GROWTH         99

TABLE 39           BELOW 5 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (USD MILLION)             99

TABLE 40           BELOW 5 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (USD MILLION)             100

TABLE 41           BELOW 5 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (KW)    100

TABLE 42           BELOW 5 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (KW)    100

7.3         5–10 KW             101

7.3.1      GROWING NEED FOR CONTINUOUS POWER SUPPLY IN COMMERCIAL BUILDINGS TO FUEL SEGMENTAL GROWTH     101

TABLE 43           5–10 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (USD MILLION)     101

TABLE 44           5–10 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (USD MILLION)     101

TABLE 45           5–10 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2021–2023 (KW)            102

TABLE 46           5–10 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2024–2029 (KW)            102

7.4         11–50 KW           102

7.4.1      RISING EMPHASIS ON ENERGY SAVINGS AND CARBON EMISSION REDUCTION TO CONTRIBUTE TO SEGMENTAL GROWTH         102

TABLE 47           11–50 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (USD MILLION)     103

TABLE 48           11–50 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (USD MILLION)     103

TABLE 49           11–50 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2021–2023 (KW)            103

TABLE 50           11–50 KW: MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2024–2029 (KW)            104

8            MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY              105

8.1         INTRODUCTION            106

FIGURE 43         MICRO COMBINED HEAT AND POWER MARKET SHARE, BY TECHNOLOGY, 2023      106

TABLE 51           MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY,  2021–2023 (USD MILLION)       106

TABLE 52           MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY,  2024–2029 (USD MILLION)       107

8.2         INTERNAL COMBUSTION (IC) ENGINES             107

8.2.1      DURABILITY AND MINIMAL MAINTENANCE REQUIREMENTS TO FOSTER SEGMENTAL GROWTH 107

TABLE 53           INTERNAL COMBUSTION (IC) ENGINES: MICRO COMBINED HEAT AND POWER MARKET,  BY REGION, 2021–2023 (USD MILLION)   108

TABLE 54           INTERNAL COMBUSTION (IC) ENGINES: MICRO COMBINED HEAT AND POWER MARKET,  BY REGION, 2024–2029 (USD MILLION)   108

8.3         PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFCS)           108

8.3.1      USE IN STATIONARY POWER GENERATION AND TRANSPORTATION APPLICATIONS TO FUEL SEGMENTAL GROWTH            108

TABLE 55           PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFCS): MICRO COMBINED  HEAT AND POWER MARKET, BY REGION, 2021–2023 (USD MILLION)          109

TABLE 56           PROTON EXCHANGE MEMBRANE FUEL CELLS (PEMFCS): MICRO COMBINED  HEAT AND POWER MARKET, BY REGION, 2024–2029 (USD MILLION)          109

8.4         RANKINE CYCLE ENGINES         109

8.4.1      UTILIZATION FOR LOW-CARBON POWER GENERATION TO FOSTER SEGMENTAL GROWTH 109

TABLE 57           RANKINE CYCLE ENGINES: MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2021–2023 (USD MILLION)            110

TABLE 58           RANKINE CYCLE ENGINES: MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2024–2029 (USD MILLION)            110

8.5         STIRLING ENGINES       110

8.5.1      ADOPTION IN RENEWABLE ENERGY SYSTEMS AND MICRO-COGENERATION APPLICATIONS TO ACCELERATE SEGMENTAL GROWTH              110

TABLE 59           STIRLING ENGINES: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (USD MILLION)          111

TABLE 60           STIRLING ENGINES: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (USD MILLION)          111

8.6         SOLID OXIDE FUEL CELLS (SOFCS)       111

8.6.1      HIGH EFFICIENCY IN STATIONARY POWER APPLICATIONS TO BOOST SEGMENTAL GROWTH 111

TABLE 61           SOLID OXIDE FUEL CELLS (SOFCS): MICRO COMBINED HEAT AND POWER MARKET,  BY REGION, 2021–2023 (USD MILLION) 112

TABLE 62           SOLID OXIDE FUEL CELLS (SOFCS): MICRO COMBINED HEAT AND POWER MARKET,  BY REGION, 2024–2029 (USD MILLION) 112

9            MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION              113

9.1         INTRODUCTION            114

FIGURE 44         MICRO COMBINED HEAT AND POWER MARKET SHARE, BY APPLICATION, 2023       114

TABLE 63           MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        114

TABLE 64           MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        114

9.2         RESIDENTIAL   115

9.2.1      INCREASING USE OF MICRO CHP UNITS FOR LOW-POWER SPACE AND WATER HEATING TO FUEL SEGMENTAL GROWTH        115

TABLE 65          RESIDENTIAL: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (USD MILLION)             115

TABLE 66          RESIDENTIAL: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (USD MILLION)             115

9.3         COMMERCIAL  116

9.3.1      RISING DEMAND FOR ELECTRICITY AND HEAT IN SMALL AND MEDIUM-SIZED ORGANIZATIONS TO DRIVE MARKET  116

TABLE 67           COMMERCIAL: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2021–2023 (USD MILLION)          116

TABLE 68           COMMERCIAL: MICRO COMBINED HEAT AND POWER MARKET, BY REGION,  2024–2029 (USD MILLION)          116

10          MICRO COMBINED HEAT AND POWER MARKET, BY REGION     117

10.1       INTRODUCTION            118

FIGURE 45         ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN GLOBAL MICRO COMBINED HEAT AND POWER MARKET FROM 2024 TO 2029     118

FIGURE 46         MICRO COMBINED HEAT AND POWER MARKET SHARE, BY REGION, 2023    118

TABLE 69           MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2021–2023 (USD MILLION)          119

TABLE 70           MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2024–2029 (USD MILLION)          119

TABLE 71           MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2021–2023 (KW) 119

TABLE 72           MICRO COMBINED HEAT AND POWER MARKET, BY REGION, 2024–2029 (KW) 119

10.2       NORTH AMERICA          120

10.2.1    RECESSION IMPACT ON MICRO COMBINED HEAT AND POWER MARKET IN NORTH AMERICA   120

TABLE 73           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2021–2023 (USD MILLION)      120

TABLE 74           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2024–2029 (USD MILLION)      121

TABLE 75           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2021–2023 (KW)           121

TABLE 76           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2024–2029 (KW)           121

TABLE 77           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY, 2021–2023 (USD MILLION) 121

TABLE 78           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 122

TABLE 79           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY TYPE,  2021–2023 (USD MILLION) 122

TABLE 80           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY TYPE,  2024–2029 (USD MILLION) 122

TABLE 81           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION, 2021–2023 (USD MILLION)  122

TABLE 82           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  123

TABLE 83           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY COUNTRY,  2021–2023 (USD MILLION)      123

TABLE 84           NORTH AMERICA: MICRO COMBINED HEAT AND POWER MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      123

10.2.1.1 US         123

10.2.1.1.1            Government incentives and tax rebates to promote CHP installation to propel market      123

TABLE 85           US: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        124

TABLE 86           US: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        124

10.2.1.2 Canada  124

10.2.1.2.1            Expansion of district heating and electricity networks to boost market growth   124

TABLE 87           CANADA: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        125

TABLE 88           CANADA: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        125

10.3       EUROPE             125

10.3.1    RECESSION IMPACT ON MICRO COMBINED HEAT AND POWER MARKET IN EUROPE     126

FIGURE 47         EUROPE: MICRO COMBINED HEAT AND POWER MARKET SNAPSHOT        126

TABLE 89           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2021–2023 (USD MILLION) 127

TABLE 90           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2024–2029 (USD MILLION) 127

TABLE 91           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2021–2023 (KW)        127

TABLE 92           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2024–2029 (KW)        127

TABLE 93           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY,  2021–2023 (USD MILLION)       128

TABLE 94           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY,  2024–2029 (USD MILLION)       128

TABLE 95           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY TYPE,  2021–2023 (USD MILLION)          128

TABLE 96           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY TYPE,  2024–2029 (USD MILLION)          128

TABLE 97           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        129

TABLE 98           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        129

TABLE 99           EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY COUNTRY,  2021–2023 (USD MILLION) 129

TABLE 100         EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 129

10.3.1.1 Germany             130

10.3.1.1.1            Increasing production of electric vehicles to contribute to market growth              130

TABLE 101         GERMANY: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        130

TABLE 102         GERMANY: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        130

10.3.1.2 UK         131

10.3.1.2.1            Rising emphasis on reducing carbon emissions to facilitate market growth   131

TABLE 103         UK: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        131

TABLE 104         UK: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        131

10.3.1.3 Netherlands         131

10.3.1.3.1            Mounting investment in promotion of renewable energy sources to fuel market growth     131

TABLE 105         NETHERLANDS: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)             132

TABLE 106         NETHERLANDS: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             132

10.3.1.4 Italy       132

10.3.1.4.1            Increasing import of natural gas to accelerate market growth     132

TABLE 107         ITALY: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        133

TABLE 108         ITALY: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        133

10.3.1.5 REST OF EUROPE           133

TABLE 109         REST OF EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION, 2021–2023 (USD MILLION)  133

TABLE 110         REST OF EUROPE: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  133

10.4       ASIA PACIFIC    134

FIGURE 48         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET SNAPSHOT        135

10.4.1    RECESSION IMPACT ON MICRO COMBINED HEAT AND POWER MARKET IN ASIA PACIFIC           135

TABLE 111         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2021–2023 (USD MILLION)            136

TABLE 112         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2024–2029 (USD MILLION)         136

TABLE 113         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2021–2023 (KW) 136

TABLE 114         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2024–2029 (KW) 136

TABLE 115         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY,  2021–2023 (USD MILLION) 137

TABLE 116         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY,  2024–2029 (USD MILLION) 137

TABLE 117         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY TYPE,  2021–2023 (USD MILLION)    137

TABLE 118         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY TYPE,  2024–2029 (USD MILLION)    137

TABLE 119         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)   138

TABLE 120         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)   138

TABLE 121         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY COUNTRY,  2021–2023 (USD MILLION)         138

TABLE 122         ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY COUNTRY,  2024–2029 (USD MILLION)         138

10.4.1.1 South Korea        139

10.4.1.1.1            Deployment of innovative technologies for efficient energy generation to contribute to market growth            139

TABLE 123         SOUTH KOREA: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)             139

TABLE 124         SOUTH KOREA: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             139

10.4.1.2 Japan     140

10.4.1.2.1            Emphasis on distributed power generation for residential and commercial applications to boost market growth          140

TABLE 125         JAPAN: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        140

TABLE 126         JAPAN: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        140

10.4.1.3 Rest of Asia Pacific            141

TABLE 127         REST OF ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION, 2021–2023 (USD MILLION)  141

TABLE 128         REST OF ASIA PACIFIC: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  141

10.5       ROW     142

10.5.1    RECESSION IMPACT ON MICRO COMBINED HEAT AND POWER MARKET IN ROW            142

TABLE 129         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2021–2023 (USD MILLION) 142

TABLE 130         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY,  2024–2029 (USD MILLION) 143

TABLE 131         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2021–2023 (KW)        143

TABLE 132         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY CAPACITY, 2024–2029 (KW)        143

TABLE 133         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY,  2021–2023 (USD MILLION)       143

TABLE 134         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY TECHNOLOGY,  2024–2029 (USD MILLION)       144

TABLE 135         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY TYPE,  2021–2023 (USD MILLION)          144

TABLE 136         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY TYPE,  2024–2029 (USD MILLION)          144

TABLE 137         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        144

TABLE 138         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        145

TABLE 139         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY COUNTRY,  2021–2023 (USD MILLION) 145

TABLE 140         ROW: MICRO COMBINED HEAT AND POWER MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 145

10.5.1.1 Brazil     145

10.5.1.1.1            Introduction of policies to achieve net-zero carbon emissions to accelerate market growth   145

TABLE 141         BRAZIL: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)        146

TABLE 142         BRAZIL: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        146

10.5.1.2 South Africa        146

10.5.1.2.1            Increased investment in hydrogen and fuel cell technologies to foster market growth     146

TABLE 143         SOUTH AFRICA: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2021–2023 (USD MILLION)             147

TABLE 144         SOUTH AFRICA: MICRO COMBINED HEAT AND POWER MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             147

11          COMPETITIVE LANDSCAPE       148

11.1       OVERVIEW        148

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2023     148

TABLE 145         MICRO COMBINED HEAT AND POWER MARKET: STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2023  148

11.3       MARKET SHARE ANALYSIS, 2023             150

FIGURE 49         MICRO COMBINED HEAT AND POWER MARKET SHARE ANALYSIS, 2023 150

TABLE 146         MICRO COMBINED HEAT AND POWER MARKET: DEGREE OF COMPETITION 151

FIGURE 50         MARKET SHARE ANALYSIS, 2023             151

11.4       REVENUE ANALYSIS, 2019–2023 152

FIGURE 51         REVENUE ANALYSIS OF TOP THREE PLAYERS, 2019–2023              152

11.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   153

11.5.1    STARS  153

11.5.2    EMERGING LEADERS    153

11.5.3    PERVASIVE PLAYERS     153

11.5.4    PARTICIPANTS 153

FIGURE 52         MICRO COMBINED HEAT AND POWER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      154

11.5.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      155

11.5.5.1 Company footprint            155

FIGURE 53         COMPANY FOOTPRINT 155

11.5.5.2 Technology footprint         156

TABLE 147         MICRO COMBINED HEAT AND POWER MARKET: TECHNOLOGY FOOTPRINT      156

11.5.5.3 Type footprint     157

TABLE 148         MICRO COMBINED HEAT AND POWER MARKET: TYPE FOOTPRINT      157

11.5.5.4 Application footprint         158

TABLE 149         MICRO COMBINED HEAT AND POWER MARKET: APPLICATION FOOTPRINT       158

11.5.5.5 Region footprint  159

TABLE 150         MICRO COMBINED HEAT AND POWER MARKET: REGION FOOTPRINT      159

11.6       COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023         160

11.6.1    PROGRESSIVE COMPANIES       160

11.6.2    RESPONSIVE COMPANIES          160

11.6.3    DYNAMIC COMPANIES 160

11.6.4    STARTING BLOCKS       160

FIGURE 54         MICRO COMBINED HEAT AND POWER MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023             161

11.6.5    COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023           162

11.6.5.1 List of key start-ups/SMEs 162

TABLE 151         MICRO COMBINED HEAT AND POWER MARKET: LIST OF KEY START-UPS/SMES, 2023 162

11.6.5.2 Competitive benchmarking of key start-ups/SMEs      162

TABLE 152         MICRO COMBINED HEAT AND POWER MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, 2023            162

11.7       COMPETITIVE SCENARIOS AND TRENDS           163

11.7.1    PRODUCT LAUNCHES  163

TABLE 153         MICRO COMBINED HEAT AND POWER MARKET: PRODUCT LAUNCHES,  JANUARY 2020–JANUARY 2024       163

11.7.2    DEALS  163

TABLE 154         MICRO COMBINED HEAT AND POWER MARKET: DEALS, JANUARY 2020–JANUARY 2024   163

11.8       COMPANY VALUATION AND FINANCIAL METRICS        164

FIGURE 55         COMPANY VALUATION 164

FIGURE 56         FINANCIAL METRICS    164

11.9       BRAND/PRODUCT COMPARISON          165

FIGURE 57         BRAND/PRODUCT COMPARISON          165

12          COMPANY PROFILES    166

(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*

12.1       KEY PLAYERS   166

12.1.1    BDR THERMEA GROUP 166

TABLE 155         BDR THERMEA GROUP: COMPANY OVERVIEW 166

TABLE 156         BDR THERMEA GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED          166

TABLE 157         BDR THERMEA GROUP: DEALS 167

12.1.2    AISIN CORPORATION   169

TABLE 158         AISIN CORPORATION: COMPANY OVERVIEW    169

FIGURE 58         AISIN CORPORATION: COMPANY SNAPSHOT    169

TABLE 159         AISIN CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED          170

TABLE 160         AISIN CORPORATION: DEALS   170

12.1.3    2G ENERGY AG 172

TABLE 161         2G ENERGY: COMPANY OVERVIEW        172

FIGURE 59         2G ENERGY: COMPANY SNAPSHOT       173

TABLE 162         2G ENERGY: PRODUCTS/SERVICES/SOLUTIONS OFFERED              173

TABLE 163         2G ENERGY: PRODUCT LAUNCHES        174

TABLE 164         2G ENERGY: DEALS       174

TABLE 165         2G ENERGY: OTHERS    175

12.1.4    BOSCH INDUSTRIEKESSEL GMBH          177

TABLE 166         BOSCH INDUSTRIEKESSEL GMBH: COMPANY OVERVIEW              177

FIGURE 60         BOSCH INDUSTRIEKESSEL GMBH: COMPANY SNAPSHOT              178

TABLE 167         BOSCH INDUSTRIEKESSEL GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED   178

TABLE 168         BOSCH INDUSTRIEKESSEL GMBH: DEALS          179

TABLE 169         BOSCH INDUSTRIEKESSEL GMBH: OTHERS       179

12.1.5    YANMAR HOLDINGS CO., LTD. 181

TABLE 170         YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW  181

FIGURE 61         YANMAR HOLDINGS CO., LTD.: COMPANY SNAPSHOT 181

TABLE 171         YANMAR HOLDINGS CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED   182

12.1.6    VIESSMANN      183

TABLE 172         VIESSMANN: COMPANY OVERVIEW       183

TABLE 173         VIESSMANN: PRODUCTS/SERVICES/SOLUTIONS OFFERED              183

TABLE 174         VIESSMANN: OTHERS   184

12.1.7    KYUNGDONG NAVIEN  185

TABLE 175         KYUNGDONG NAVIEN: COMPANY OVERVIEW  185

FIGURE 62         KYUNGDONG NAVIEN: COMPANY SNAPSHOT  185

TABLE 176         KYUNGDONG NAVIEN: PRODUCTS/SERVICES/SOLUTIONS OFFERED          186

12.1.8    AZELIO 187

TABLE 177         AZELIO: COMPANY OVERVIEW 187

FIGURE 63         AZELIO: COMPANY SNAPSHOT 187

TABLE 178         AZELIO: PRODUCTS/SERVICES/SOLUTIONS OFFERED  188

TABLE 179         AZELIO: OTHERS           188

12.1.9    EC POWER A/S 189

TABLE 180         EC POWER A/S: COMPANY OVERVIEW  189

TABLE 181         EC POWER A/S: PRODUCTS/SERVICES/SOLUTIONS OFFERED              189

12.1.10  TEDOM              190

TABLE 182         TEDOM: COMPANY OVERVIEW 190

TABLE 183         TEDOM: PRODUCTS/SERVICES/SOLUTIONS OFFERED 190

TABLE 184         TEDOM: OTHERS           190

12.1.11  LOCHINVAR     191

TABLE 185         LOCHINVAR: COMPANY OVERVIEW      191

TABLE 186         LOCHINVAR: PRODUCTS/SERVICES/SOLUTIONS OFFERED              191

TABLE 187         LOCHINVAR: DEALS      192

12.1.12  SENER  193

TABLE 188         SENER: COMPANY OVERVIEW   193

TABLE 189         SENER: PRODUCTS/SERVICES/SOLUTIONS OFFERED    193

12.1.13  DALKIA 194

TABLE 190         DALKIA: COMPANY OVERVIEW 194

TABLE 191         DALKIA: PRODUCTS/SERVICES/SOLUTIONS OFFERED 194

12.1.14  PANASONIC HOLDINGS CORPORATION            195

TABLE 192         PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW        195

FIGURE 64         PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT        196

TABLE 193         PANASONIC HOLDINGS CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED   196

TABLE 194         PANASONIC HOLDINGS CORPORATION: PRODUCT LAUNCHES       197

TABLE 195         PANASONIC HOLDINGS CORPORATION: OTHERS         197

12.1.15  INDOP D.O.O.   198

TABLE 196         INDOP D.O.O.: COMPANY OVERVIEW   198

TABLE 197         INDOP D.O.O.: PRODUCTS/SERVICES/SOLUTIONS OFFERED              198

TABLE 198         INDOP D.O.O.: OTHERS 198

12.1.16  ASJA AMBIENTE ITALIA SPA      199

TABLE 199         ASJA AMBIENTE ITALIA SPA: COMPANY OVERVIEW       199

TABLE 200         ASJA AMBIENTE ITALIA SPA: PRODUCTS/SERVICES/SOLUTIONS OFFERED   199

12.1.17  AXIOM ENERGY GROUP, LLC    200

TABLE 201         AXIOM ENERGY GROUP, LLC: COMPANY OVERVIEW     200

TABLE 202         AXIOM ENERGY GROUP, LLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED   200

TABLE 203         AXIOM ENERGY GROUP, LLC: OTHERS 201

12.2       OTHER PLAYERS           202

12.2.1    HELBIO S.A.      202

12.2.2    WINNO ENERGY            202

12.2.3    SOLYDERA SPA 203

12.2.4    GRIDIRON         203

12.2.5    SIMONS GREEN ENERGY            204

12.2.6    BIOGAS CHP     205

12.2.7    ENEXOR ENERGY LLC   206

12.2.8    RESET  206

12.2.9    MTT BV              207

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.

13          APPENDIX         208

13.1       INSIGHTS FROM INDUSTRY EXPERTS   208

13.2       DISCUSSION GUIDE      208

13.3       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             212

13.4       CUSTOMIZATION OPTIONS      214

13.5       RELATED REPORTS       214

13.6       AUTHOR DETAILS         215