New York, NY -- (SBWIRE) -- 08/30/2017 -- Growing need for electricity in the green data centres is predicted to impact growth of the combined heat and power system for data centre market in U.S. positively. A recently published report by Persistence Market Research reveals that the U.S. combined heat and power (CHS) system for data centre market is predicted to register a CAGR of 3.4% over the projected period, 2017 – 2024.

Growing need for electricity in various data centres has revved up demand for combined heat and power system in U.S. Data centres find using combined heat and power systems more effective as compared to the conventional heat and power systems attributed to a significant amount of heat loss. Moreover, growing adoption of facilities related to colocation centres is predicted to fuel demand for combined heat and power system for data centre significantly. Bound to such factors, the U.S. combined heat and power system for data centre market is predicted to witness a boost in growth during the predicted period.

A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/12958

Aside from a better source of power and heat, reduced prices of natural gas and improving economy in the U.S. is predicted to fuel growth of the combined heat and power system for data centres. Further, provision of incentives from the government such as high tax over imposed on the combined heat and power systems is predicted to contribute towards growth of the U.S. market throughout 2024.

Browse Complete Report @ https://www.persistencemarketresearch.com/market-research/us-combined-heat-and-Power-systems-market.asp

Institutional among other segments in the U.S. combined heat and power system for data centre is predicted to register a growth of 3.4% CAGR in terms of revenue, and is expected to represent nearly US$ 150 Mn by the end of 2024. In terms of CAR index and share index, this segment is predicted to represent the most attractive market during the predicted period. Colleges/universities among other institutions is predicted to account for a major share in terms of revenue in the U.S. market of combined heat and power system for data centre. Institutional segment predicted to be represent an attractiveness index of nearly 5.0 during the predicted period. Such factors are predicted to relatively high growth in terms of revenue throughout 2024.

Request to view table of content @ https://www.persistencemarketresearch.com/market-research/us-combined-heat-and-Power-systems-market/toc

Healthcare among other end users is predicted to lose revenue share in the U.S. combined heat and power system for data centre market by the end of 2024. This segment is predicted to represent nearly US$ 30 Mn during the predicted period. The healthcare segment is predicted to represent a relatively low growth of 3.3% CAGR in terms of revenue through 2024. Healthcare segment is predicted to represent an attractiveness index of 1.0 in the U.S. market throughout 2024. This segment is predicted to represent a relatively low growth in the U.S. market in terms of revenue between 2016 and 2024.

Major market players operating in the U.S. combined heat and power system for data centre include Dresser-Rand Group, Inc. and Veolia Energy North America, LLC. Caterpillar Inc. and General Electric Company represent leading market players and account for major revenue share.