DUBLIN--(BUSINESS WIRE)--The "Global Residential Combined Heat & Power System Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The residential combined heat power generation systems are becoming preferred power generation options due to their low carbon emissions, and the requirement of no transmission and distribution infrastructure.
The residential combined heat and power systems have lower carbon emission compared to conventional power generation units, such as oil, gas, and coal-fired power plants due to three reasons. These systems use natural gas, which is more environment-friendly compared to oil and coal. They have high fuel efficiency, as the combined heat power plants are designed to produce more energy from the fuel.
Due to the concerns related to air pollution, the majority of countries, globally, are focusing on reducing carbon emission, and hence, are shutting down the coal- and oil-fired power plants. The other choice is the renewable energy resource. But the renewable power plants require high capital investment and are generally located in remote areas, and hence, require the construction of new transmission and distribution infrastructure, which adds to the cost.
North America has a large but aging transmission and distribution network. Countries in North America have a strong natural gas distribution network. In the United States, though natural gas is the biggest contributor to electricity generation, coal still accounts for more than 30% of the total power generation. The government is taking steps to reduce the reliance on coal, owing to concerns over air pollution.
In India, about 20% of the population does not have access to electricity. Majority of this population lives in rural areas, where the transmission network is not available. Another problem that the country's transmission network faces is high transmission losses. Transmission losses claim about 18% of power generated in the country.
- Honda Motor Co. Inc.
- BDR Thermea Group
- Yanmar Holdings Co. Ltd.
- Vaillant Group
- Clarke Energy A Kohler Company
- Cummins Inc
- Aisin Group
- Capstone Turbine Corporation
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Value Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
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