On-Grid Combined Heat and Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The market is segmented by Application (Utilities, Commercial and Industrial, and Residential), Fuel Type (Natural Gas, Coal, Oil, Biomass, and Other Fuel Types), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)

On-Grid Combined Heat and Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

On-Grid Combined Heat & Power Market Size

On-Grid Combined Heat and Power Market - Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 6.00 %
Fastest Growing Market Middle East and Africa
Largest Market Asia Pacific
Market Concentration Low

Major Players

On-Grid Combined Heat and Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of On-Grid Combined Heat and Power Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

On-Grid Combined Heat & Power Market Analysis

The On-Grid Combined Heat and Power Market is expected to register a CAGR of greater than 6% during the forecast period.

  • Biomass based combined heat and power is expected to witness the fastest growth during the forecast period.
  • Small-to-medium size industrial facilities could benefit from flexible and cost-effective combined heat and power systems. Such systems have the benefits of conventional combined heat and power but could also provide support to the electricity grid in the form of electricity supply, frequency regulation, and reserve capacity. This, in turn, is expected to create significant opportunities for the combined heat and power system providers and plant developers in the near future.
  • North America has dominated the on-grid combined heat and power market, with the majority of the demand coming from the United States and Canada.

On-Grid Combined Heat & Power Industry Overview

The on-grid combined heat and power market is fragmented. Some of key players in this market include General Electric Company, Kawasaki Heavy Industries Ltd, Bosch Thermotechnology GmbH, Viessmann Werke, and Siemens AG.

On-Grid Combined Heat & Power Market Leaders

  1. General Electric Company

  2. Kawasaki Heavy Industries Ltd

  3. Bosch Thermotechnology GmbH

  4. Viessmann Werke

  5. Siemens AG

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration - On-grid
Need More Details on Market Players and Competiters?
Download PDF

On-Grid Combined Heat & Power Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Overview on Integrated Microgrids
  • 4.3 Combined Heat and Power Market Size and Demand Forecast in GW, till 2025
  • 4.4 On-grid Combined Heat and Power Market Size and Demand Forecast in GW, till 2025
  • 4.5 Recent Trends and Developments
  • 4.6 Government Policies and Regulations
  • 4.7 Market Dynamics
    • 4.7.1 Drivers
    • 4.7.2 Restraints
  • 4.8 Supply Chain Analysis
  • 4.9 Porter's Five Forces Analysis
    • 4.9.1 Bargaining Power of Suppliers
    • 4.9.2 Bargaining Power of Consumers
    • 4.9.3 Threat of New Entrants
    • 4.9.4 Threat of Substitutes Products and Services
    • 4.9.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Utilities
    • 5.1.2 Commercial and Industrial
    • 5.1.3 Residential
  • 5.2 Fuel Type
    • 5.2.1 Natural Gas
    • 5.2.2 Coal
    • 5.2.3 Oil
    • 5.2.4 Biomass
    • 5.2.5 Other Fuel Types
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 South America
    • 5.3.5 Middle East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 General Electric Company
    • 6.3.2 Kawasaki Heavy Industries Ltd
    • 6.3.3 Bosch Thermotechnology GmbH
    • 6.3.4 Viessmann Werke
    • 6.3.5 Centrica PLC
    • 6.3.6 Seimens AG
    • 6.3.7 Wartsila Oyj Abp
    • 6.3.8 MAN Diesel & Turbo SE
    • 6.3.9 Caterpillar Inc.
    • 6.3.10 Mitsubishi Electric Corporation
    • 6.3.11 FuelCell Energy Inc.
    • 6.3.12 ABB Ltd
    • 6.3.13 Aegis Energy Services LLC
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

On-Grid Combined Heat & Power Industry Segmentation

The on-grid combined heat and power market report include:

Application Utilities
Commercial and Industrial
Residential
Fuel Type Natural Gas
Coal
Oil
Biomass
Other Fuel Types
Geography North America
Europe
Asia-Pacific
South America
Middle East & Africa
Need A Different Region or Segment?
Customize Now

On-Grid Combined Heat & Power Market Research FAQs

What is the current On-Grid Combined Heat and Power Market size?

The On-Grid Combined Heat and Power Market is projected to register a CAGR of greater than 6% during the forecast period (2025-2030)

Who are the key players in On-Grid Combined Heat and Power Market?

General Electric Company, Kawasaki Heavy Industries Ltd, Bosch Thermotechnology GmbH, Viessmann Werke and Siemens AG are the major companies operating in the On-Grid Combined Heat and Power Market.

Which is the fastest growing region in On-Grid Combined Heat and Power Market?

Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in On-Grid Combined Heat and Power Market?

In 2025, the Asia Pacific accounts for the largest market share in On-Grid Combined Heat and Power Market.

What years does this On-Grid Combined Heat and Power Market cover?

The report covers the On-Grid Combined Heat and Power Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the On-Grid Combined Heat and Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

On-Grid Combined Heat and Power Industry Report

Statistics for the 2025 On-Grid Combined Heat and Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. On-Grid Combined Heat and Power analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.