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Fuel Cell Market for CHP Applications 2016 Geographical Segmentation, Size, Trends, Growth and Forecast to 2020

Friday, February 17, 2017 0:59
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(Before It's News)

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. 

Publisher’s analysts forecast the global fuel cell market for CHP applications to grow at a CAGR of 24.96% during the period 2016-2020.

For more information about this report: .                    

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.

The market is divided into the following segments based on geography: 

Publisher’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


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Other prominent vendors 
-Aisin Seiki
-Baxi (BDR Thermea)
-Ceres Power
-Doosan Fuel Cell
-ENEOS Celltech (JX Nippon Oil & Energy)
-Haldor Topsøe

Market driver 
-Increasing demand for efficient and cleaner technologies.
-For a full, detailed list, view our report 

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 

Inquire for Report at .                      

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Call: +1-646-491-9876

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