Middle East and Africa Combined Heat and Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Middle East and Africa Combined Heat & Power Market Report is segmented by Fuel Type (Natural Gas, Coal, Oil, Biomass, and Others) and Geography (Saudi Arabia, Iran, Egypt, South Africa, United Arab Emirates, and Rest of Middle-East and Africa).

Middle East and Africa Combined Heat and Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

MEA Combined Heat & Power Market Size

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Middle East And Africa Combined Heat And Power Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
Market Size (2025) USD 258.20 Million
Market Size (2030) USD 331.11 Million
CAGR (2025 - 2030) 5.10 %

Major Players

Middle East And Africa Combined Heat And Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

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MEA Combined Heat & Power Market Analysis

The Middle East And Africa Combined Heat And Power Market size is estimated at USD 258.20 million in 2025, and is expected to reach USD 331.11 million by 2030, at a CAGR of greater than 5.1% during the forecast period (2025-2030).

  • Over the medium term, the increasing industrial development coupled with demand for energy efficiency is expected to drive the market during the forecast period.
  • On the other hand, increasing penetration of renewable energy sources such as solar energy is expected to hinder the growth of the market during the forecasted period.
  • Nevertheless, the ability of combined heat and power systems to be integrated with renewable energy sources is expected to create huge opportunities for the Middle-East and Africa Combined Heat and Power Market.
  • Saudi Arabia is expected to be a dominant region for the market due to the increasing demand for energy in the region.

MEA Combined Heat & Power Industry Overview

The Middle-East and African combined heat and power market is moderately fragmented. Some of the key players in this market (in no particular order) include General Electric Company, Siemens AG, Samsung C&T Corp., ACWA POWER, and Doosan Corp.

MEA Combined Heat & Power Market Leaders

  1. General Electric Company

  2. Siemens AG

  3. Samsung C&T Corp

  4. ACWA POWER

  5. Doosan Corp.

  6. *Disclaimer: Major Players sorted in no particular order
Middle East And Africa Combined Heat And Power Market Concentration
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MEA Combined Heat & Power Market News

  • Mar 2023: Qatar Water and Electricity Company announced that it was awarded General Electric Company contracts to provide operations and maintenance services for its 9F gas turbines installed at the Ras Abu Fontas B2 (RAF B2) Cogeneration Plant in Doha. The duration of the contract awarded is nine years.
  • Dec 2022: The African Development Bank confirmed the submission of project proposals for Drobonso and Yoni Combined Heat and Power Bioenergy (CHPB) plants in Ghana (180 km north of Accra) and Sierra Leone (120 km east of Freetown), with each one having an installed capacity of 5 MWe (electric) and 11 MW (thermal).

MEA 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. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD, till 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Increasing Industrial Growth
    • 4.5.1.2 Energy Efficiency
    • 4.5.2 Restraints
    • 4.5.2.1 Penetration of Alternative Energy Sources
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGEMENTATION

  • 5.1 Fuel Type
    • 5.1.1 Natural Gas
    • 5.1.2 Coal
    • 5.1.3 Oil
    • 5.1.4 Biomass
    • 5.1.5 Other Fuel Types
  • 5.2 Geography (Regional Market Analysis {Market Size and Demand Forecast till 2028 (for regions only)})
    • 5.2.1 Saudi Arabia
    • 5.2.2 South Africa
    • 5.2.3 United Arab Emirates
    • 5.2.4 Rest of the Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Collaboration, and Joint Ventures
  • 6.2 Strategies Adopted by Key Players
  • 6.3 Key Companies Profiles
    • 6.3.1 General Electric Company
    • 6.3.2 Siemens AG
    • 6.3.3 Samsung C&T Corp.
    • 6.3.4 Doosan Corp.
    • 6.3.5 Engie SA
    • 6.3.6 ABB Ltd
    • 6.3.7 Saudi Electricity Company
    • 6.3.8 Saudi Arabian Oil Co.
  • 6.4 Market Ranking

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Integration with Other Renewable Energy Sources
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MEA Combined Heat & Power Industry Segmentation

Combined heat and power, also known as Cogeneration, is a highly efficient approach to generating electricity and useful thermal energy from a single energy source. In a combined heat and power system, the waste heat generated through electricity generation is captured and repurposed for other applications such as heating, buildings, industrial processes, or providing hot water. Combined heat and power systems can be found in various settings, including industrial facilities, commercial buildings, hospitals, universities, and district energy systems.

The market is segmented by fuel type and geography. By fuel type, the market is segmented into natural gas, coal, oil, biomass, and others, and by geography, the market is segmented into Saudi Arabia, South Africa, the United Arab Emirates, and the Rest of the Middle-East and Africa. The report offers the market size and forecasts for the Middle-East and Africa Combined Heat and Power Market in revenue for all the above segments.

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MEA Combined Heat & Power Market Research FAQs

How big is the Middle East And Africa Combined Heat And Power Market?

The Middle East And Africa Combined Heat And Power Market size is expected to reach USD 258.20 million in 2025 and grow at a CAGR of greater than 5.10% to reach USD 331.11 million by 2030.

What is the current Middle East And Africa Combined Heat And Power Market size?

In 2025, the Middle East And Africa Combined Heat And Power Market size is expected to reach USD 258.20 million.

Who are the key players in Middle East And Africa Combined Heat And Power Market?

General Electric Company, Siemens AG, Samsung C&T Corp, ACWA POWER and Doosan Corp. are the major companies operating in the Middle East And Africa Combined Heat And Power Market.

What years does this Middle East And Africa Combined Heat And Power Market cover, and what was the market size in 2024?

In 2024, the Middle East And Africa Combined Heat And Power Market size was estimated at USD 245.03 million. The report covers the Middle East And Africa Combined Heat And Power Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Middle East And Africa Combined Heat And Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

MEA Combined Heat & Power Industry Report

Statistics for the 2025 Middle East And Africa Combined Heat And Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle East And Africa 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.