This Waste Heat Recovery System market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Waste Heat Recovery System report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the global waste heat recovery system market which was USD 70.90 billion in 2022, is expected to reach USD 144.42 billion by 2030, and is expected to undergo a CAGR of 9.30% during the forecast period of 2023 to 2030.
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Market Overview:
The United States Department of Energy and the International Energy Agency report significant waste, with over 60% of power plant energy and 20%-50% of industrial energy lost as heat. North America sees strong domestic demand for waste heat recovery systems due to stricter global energy efficiency rules. Investments in industries such as paper and pulp, petrochemicals, refineries, heavy metals, and chemicals will further boost the sector's growth.
Some of the major players operating in the Waste Heat Recovery System market are Alstom (France), ABB (Switzerland), John Wood Group PLC (U.K.), Ormat Technologies Inc. (U.S.), General Electric (U.S.), Mitsubishi Heavy Industries Ltd. (Japan), Echogen Power Systems Inc. (U.S.), Econotherm Limited (U.K.), Thermax Limited (India), Siemens (Germany), Cool Energy Inc. (U.S.), DEC (China), Harbin Electric Corporation co.,Ltd (China), BIHL (U.K.), AURA (Germany), Exergy International Srl (Italy), IHI Corporation (Japan) among others.
Global Waste Heat Recovery System Market Scope
The global waste heat recovery system market is segmented on the basis of application, end-user industry, temperature, technology and type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
Preheating
Steam and Electricity Generation
Recuperators
Regenerators
Rotary Heat Exchangers
Heat Pumps
Economizers
Other Application
End-User Industry
Petroleum Refining
Metal Production
Cement
Chemical
Paper and Pulp
Others
Temperature
<230°C
230-650°C
>650°C
Technology
Complete Closed Loop Systems
Combustion Air Preheat Systems
High Particulate Systems
Type
Gas and Diesel Cogeneration Systems
Boiler Exhaust Stack Economizer Systems
Fume Incineration Systems
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Waste Heat Recovery System Market Landscape
Part 04: Global Waste Heat Recovery System Market Sizing
Part 05: Global Waste Heat Recovery System Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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