Waste heat recovery systems are used for recycling heat from streams of high energy content produced in several refining procedures in industrial sectors such as petroleum, chemicals, paper and pulp, and automotive. Due to rapid Industrialization, waste heat recovery systems demand is expected to increase to overcome energy concerns for various industries. Key manufacturing companies are highly accepting these systems to reduce use of conventional energy and to produce internal electricity to decrease operating costs, this trend is projected to boost the global market growth.
Major factors driving the global waste heat recovery system market are growing energy and electricity cost, improved government initiatives and stringent rules, technological developments and growing investment, and rapid industrialization. However, lack of awareness, high cost of installation and initial investment may hamper the market growth. Furthermore, Emergent economies providing high demand of waste heat recovery system would unfold with numerous growth opportunities in the forecasted years.
Market Analysis and Insights: Global Waste Heat Recovery Market
In 2019, the global Waste Heat Recovery market size was US$ xx million and it is expected to reach US$ xx million by the end of 2026, with a CAGR of xx% during 2021-2026.
Global Waste Heat Recovery Scope and Market Size
Waste Heat Recovery market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Waste Heat Recovery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Waste Heat Recovery market is segmented into Downstream Sector, Upstream Sector, Midstream Sector, etc.
Segment by Application, the Waste Heat Recovery market is segmented into Chemicals Industry, Petroleum Refining Industry, Paper Industry, Commercial And Institutional Facilities, Food Industry, Metals, etc.
Regional and Country-level Analysis
The Waste Heat Recovery market is analysed and market size information is provided by regions (countries).
The key regions covered in the Waste Heat Recovery market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Waste Heat Recovery market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Waste Heat Recovery business, the date to enter into the Waste Heat Recovery market, Waste Heat Recovery product introduction, recent developments, etc.
The major vendors include ABB, Amec Foster Wheeler, Clean Energy Technologies, Mitsubishi Hitachi Power Systems, Siemens, Bono Energia, BORSIG, Bosch Industriekessel, Citech, ClearPower Systems, Dresser-Rand, Echogen, Forbes Marshall, Ormat Technologies, Probe Manufacturing, TESPL, THE MAERSK, Thermax Global, etc.
This report focuses on the global Waste Heat Recovery status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Waste Heat Recovery development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
ABB
Amec Foster Wheeler
Clean Energy Technologies
Mitsubishi Hitachi Power Systems
Siemens
Bono Energia
BORSIG
Bosch Industriekessel
Citech
ClearPower Systems
Dresser-Rand
Echogen
Forbes Marshall
Ormat Technologies
Probe Manufacturing
TESPL
THE MAERSK
Thermax Global
Downstream Sector
Upstream Sector
Midstream Sector
Chemicals Industry
Petroleum Refining Industry
Paper Industry
Commercial And Institutional Facilities
Food Industry
Metals
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
To analyze global Waste Heat Recovery status, future forecast, growth opportunity, key market and key players.
To present the Waste Heat Recovery development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Waste Heat Recovery are as follows:
History Year: 2015-2019
2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Major factors driving the global waste heat recovery system market are growing energy and electricity cost, improved government initiatives and stringent rules, technological developments and growing investment, and rapid industrialization. However, lack of awareness, high cost of installation and initial investment may hamper the market growth. Furthermore, Emergent economies providing high demand of waste heat recovery system would unfold with numerous growth opportunities in the forecasted years.
Market Analysis and Insights: Global Waste Heat Recovery Market
In 2019, the global Waste Heat Recovery market size was US$ xx million and it is expected to reach US$ xx million by the end of 2026, with a CAGR of xx% during 2021-2026.
Global Waste Heat Recovery Scope and Market Size
Waste Heat Recovery market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Waste Heat Recovery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Waste Heat Recovery market is segmented into Downstream Sector, Upstream Sector, Midstream Sector, etc.
Segment by Application, the Waste Heat Recovery market is segmented into Chemicals Industry, Petroleum Refining Industry, Paper Industry, Commercial And Institutional Facilities, Food Industry, Metals, etc.
Regional and Country-level Analysis
The Waste Heat Recovery market is analysed and market size information is provided by regions (countries).
The key regions covered in the Waste Heat Recovery market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscape
and Waste Heat Recovery Market Share AnalysisWaste Heat Recovery market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Waste Heat Recovery business, the date to enter into the Waste Heat Recovery market, Waste Heat Recovery product introduction, recent developments, etc.
The major vendors include ABB, Amec Foster Wheeler, Clean Energy Technologies, Mitsubishi Hitachi Power Systems, Siemens, Bono Energia, BORSIG, Bosch Industriekessel, Citech, ClearPower Systems, Dresser-Rand, Echogen, Forbes Marshall, Ormat Technologies, Probe Manufacturing, TESPL, THE MAERSK, Thermax Global, etc.
This report focuses on the global Waste Heat Recovery status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Waste Heat Recovery development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
ABB
Amec Foster Wheeler
Clean Energy Technologies
Mitsubishi Hitachi Power Systems
Siemens
Bono Energia
BORSIG
Bosch Industriekessel
Citech
ClearPower Systems
Dresser-Rand
Echogen
Forbes Marshall
Ormat Technologies
Probe Manufacturing
TESPL
THE MAERSK
Thermax Global
Market segment by Type, the product can be split into
Downstream Sector
Upstream Sector
Midstream Sector
Market segment by Application, split into
Chemicals Industry
Petroleum Refining Industry
Paper Industry
Commercial And Institutional Facilities
Food Industry
Metals
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Waste Heat Recovery status, future forecast, growth opportunity, key market and key players.
To present the Waste Heat Recovery development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Waste Heat Recovery are as follows:
History Year: 2015-2019
Base Year:
2019Estimated Year:
2020Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.