The Germany combined heat and power market size is projected to grow at a CAGR of 4.50% between 2026 and 2035. The market is expected to be propelled by the growing transition towards sustainable energy and the expansion of end-use sectors such as industrial and commercial.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
4.5%
2026-2035
*this image is indicative*
Combined heat and power (CHP) refers to a type of technology that uses a single fuel method for generating power. It is an energy-efficient technique of producing electric and thermal energy at high efficiencies.
The EMR’s report titled “Germany Combined Heat and Power Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Fuel Type
Market Breakup by Capacity
Market Breakup by End Use
Natural gas accounts for a significant portion of the Germany combined heat and power market share. This can be attributed to the lower price of natural gas compared to other fuels. It also offers ease of storage and transportation. Moreover, natural gas is a cleaner fuel compared to its counterparts. In this regard, favourable initiatives of the German government aimed at reducing greenhouse emissions are bolstering the segment’s growth.
As per the Germany combined heat and power market analysis, the industrial sector is expected to witness a healthy growth in the forecast period. Combined heat and power is crucial in sectors such as pulp and paper for providing heat and power to facilitate various operations. In addition, CHP is used in the chemical sector to make use of the fuels and waste generated during the chemical processes, which is further propelling the segment’s growth.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Germany combined heat and power market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
General Electric Company is a multinational company which offers energy equipment, catering to sectors such as aviation, power, and manufacturing, among others. The product portfolio of this company includes generators, steam turbines, and digital and control, among others.
Caterpillar Inc. is one of the largest construction and mining equipment manufacturers around the world. The company manufactures and sells natural gas engines, industrial turbines, and diesel engines, among others.
Siemens AG is a multinational technology company which was founded in 1847. With its headquarters in Munich, Germany, the company also provides services related to automation, electrification, and digitalisation.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other Germany combined heat and power market players include Mitsubishi Heavy Industries, Ltd., Robert Bosch GmbH, Capstone Green Energy Corporation, Wärtsilä Corporation, 2G Energy AG, FuelCell Energy, Inc., and TEDOM A.S., among others.
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The market is estimated to grow at a CAGR of 4.50% between 2026 and 2035.
The rapid development of state-of-the-art combined heat and power plants across Germany and the rising demand for heat and power from the industrial sector are the major drivers of the market.
The key trends in the market include the growing expansion of various end-use sectors and green energy goals of Germany aimed towards reducing greenhouse gas emissions.
Gas turbine, steam turbine, and reciprocating engine, among others, are the different types of combined heat and power.
Coal, natural gas, and renewables, among others, are the major fuel types used in combined heat and power.
The various capacities of combined heat and power are up to 10 MW, 10 to 150 MW, 151 to 300 MW, and above 300 MW.
Industrial sector and commercial and transportation sector, among others, the several end uses of combined heat and power.
General Electric Company, Caterpillar Inc., Siemens AG, Mitsubishi Heavy Industries, Ltd., Robert Bosch GmbH, Capstone Green Energy Corporation, Wärtsilä Corporation, 2G Energy AG, FuelCell Energy, Inc., and TEDOM A.S., among others, are the key market players.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Fuel Type |
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| Breakup by Capacity |
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| Breakup by End Use |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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