Green Energy Transition and Policy Support to Boost Global CHP Market Through 2031
The global Combined Heat and Power (CHP) market was valued at USD 25.35 billion in 2023. It is anticipated to increase to USD 26.73 billion in 2024 and is projected to reach USD 40.68 billion by 2031. This growth reflects a robust CAGR of 6.18% from 2024 to 2031, driven by the rising demand for energy efficiency and sustainable power solutions, alongside government initiatives supporting CHP...
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