China Combined Heat & Power Installation Market Size & Outlook

The combined heat & power installation market in China is expected to reach a projected revenue of US$ 1,744.2 million by 2027. A compound annual growth rate of 3.1% is expected of China combined heat & power installation market from 2020 to 2027.
Revenue, 2019 (US$M)
$1,366.4
Forecast, 2027 (US$M)
$1,744.2
CAGR, 2020 - 2027
3.1%
Report Coverage
China

China combined heat & power installation market highlights

  • The China combined heat & power installation market generated a revenue of USD 1,366.4 million in 2019 and is expected to reach USD 1,744.2 million by 2027.
  • The China market is expected to grow at a CAGR of 3.1% from 2020 to 2027.
  • In terms of segment, large scale was the largest revenue generating type in 2019.
  • Small Scale is the most lucrative type segment registering the fastest growth during the forecast period.


Combined heat & power installation market data book summary

Market revenue in 2019USD 1,366.4 million
Market revenue in 2027USD 1,744.2 million
Growth rate3.1% (CAGR from 2019 to 2027)
Largest segmentLarge scale
Fastest growing segmentSmall Scale
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationLarge Scale, Small Scale
Key market players worldwideE.ON SE, Mitsubishi Corp, Siemens AG, Centrica PLC, Portland General Electric Co, Cummins Inc, Caterpillar Inc, Doosan Fuel Cell Ordinary Shares, Tecogen Inc, Wartsila Corp, BDR Thermea Group, Aegis Energy Services, Clarke Energy, Capstone Green Energy, Elite Energy Systems


Other key industry trends

  • In terms of revenue, China accounted for 14.7% of the global combined heat & power installation market in 2019.
  • Country-wise, Russia is expected to lead the global market in terms of revenue in 2027.
  • In Asia Pacific, China combined heat & power installation market is projected to lead the regional market in terms of revenue in 2027.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 535.3 million by 2027.

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Combined Heat & Power Installation Market Companies

Name Profile # Employees HQ Website

China combined heat & power installation market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to combined heat & power installation market will help companies and investors design strategic landscapes.


Large scale was the largest segment with a revenue share of 79.89% in 2019. Horizon Databook has segmented the China combined heat & power installation market based on large scale, small scale covering the revenue growth of each sub-segment from 2016 to 2027.


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Horizon Databook provides a detailed overview of country-level data and insights on the China combined heat & power installation market , including forecasts for subscribers. This country databook contains high-level insights into China combined heat & power installation market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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China combined heat & power installation market size, by type, 2016-2027 (US$M)

China Combined Heat & Power Installation Market Outlook Share, 2019 & 2027 (US$M)

China combined heat & power installation market size, by type, 2016-2027 (US$M)

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