Combined heat and power combines the generation of electricity and thermal energy. Hence it is more efficient which reduces the operating cost. The pollutants emission is also reduced. It can increase power reliability and power quality. Off-gridor standalone combined heat and power is totally independentof the grid. For many people especially living in remote locations, a standalone system makes sense. It is economically and environmentally inclined. It supports operational flexibility and management of energy resources.
The prime driver for the market is the cost efficiency.As stand-alone systems can be more cost-effective than extending a power line to remote locations. The energy provided is clean and reliable.Environmental concerns in reducing the greenhouse gas and other harmful emissionshave triggered the focus on the market.
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The improved power qualityis driving the market.The market is reducing the demand on electricity grids relieving congestion in the process. Furthermore, the energy resource can be deployed immediately.
The major restraint on the market is the under-exploitation.Installation costscould be an issue in the growth of the market.Reliability and availability areissues due to the market being at a nascent stage. Regular fluid level checks are required throughout the year.
The opportunity for the market lies in the local energy requirements.The growing demand and popularity of the clean and alternative energy resourcehold a major scope for the future of the market. It can address future global energy needs.
The market is segmented in terms of the end user intoresidential, commercial, industrial, and institutions. The market is divided into newly biogas, biofuels, and natural gason the basis of thefuel type.
The market is at an early stage.Europe is leading the market. The demand is supposed to grow with the availability of the product in North America and Asia-Pacific.
Some of the major players in the market include Utility Free Living, Vorp Energy, Ameresco, Powerguard, and Ignis Heat and Power.
The report contains comprehensive analysis on:
Global Off-Grid Combined Heat and Power Market Segments
Global Off-Grid Combined Heat and Power Market Drivers, Restraints and Opportunities
Global Off-Grid Combined Heat and Power Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Off-Grid Combined Heat and Power Market Current Trends
Competition &Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
Regional analysis for Global Off-Grid Combined Heat and Power Market includes
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
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This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
In-depth Market Segmentation
Historical and Projected Market Sizing in terms of volume and value
Recent market trends and Impact Factors
R&D Status and Technology Overview
Extensive Industry Structure Coverage
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