Energy & Utility Services Deep · Indirect
Monitoring · monthly
Procurement Category Intelligence

Combined Heat and Power Services

Overview
Market size
$24.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-1.5
supplier-favoured
Suppliers
8
tracked players
Signals
12
1 high severity

Market outlook

2031$31.6B

What changed

Demand by region

Europe demand40%
Asia Pacific demand30%
North America demand20%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Prime Movers and Equipment (Turbines/Engines)45%
Engineering, Procurement, and Construction (EPC)25%
Operation and Maintenance (O&M) Services15%
Fuel Integration and Grid Connection Infrastructure15%
share of delivered cost (analyst estimate)

Supplier watchlist

8 tracked