Micro Combined Heat and Power Market 2021: Application, Technological Advancement
The MCHP (micro combined heat and power) market witnesses increasing traction across the globe. MCHP technology is a key innovation in chip packets, improving the operation of electronic devices. Its diverse application areas, including data center & enterprise networking, industrial automation, consumer electronics, automotive, and telecom, drive the market growth. Besides, the market growth attributes to the increased transition in energy systems with the increased focus on advanced methods of power generation escalate market increase. According to Market Research Future (MRFR), the global MCHP market is poised to grow at around 15.5% CAGR throughout the review period (2018-2023). Over the recent years, due to the augmenting demand for small chip modules to improve operations of electronic devices, the MCHP market has been growing continually. The demand for improved energy-efficient electronics devices and reduced carbon emissions fosters the...