Micro Combined Heat and Power Industry to Reach $5.77 Billion, at a 9.3% CAGR by 2031 | MarketsandMarkets™
Delray Beach, FL, July 15, 2026 (GLOBE NEWSWIRE) -- MarketsandMarkets™ projects the global Micro Combined Heat and Power Industry size is projected to reach USD 5.77 billion by 2031, from USD 3.69 billion in 2026, at a CAGR of 9.3%. The demand for micro combined heat and power systems is increasing, owing to the evolution of energy systems toward localized power generation and integrated heating methods. Such systems are influenced by electrification trends in buildings, increased demand for efficient energy, and the need to increase the efficiency of supplied fuels. Micro systems are especially suitable for areas with heating and electrical loads, making it possible to use the systems on a constant basis. The systems have proven to be useful in distributed energy setups, whereby the system plays an integral role in reducing load from the energy grid.