Market Scenario
Global waste heat recovery system market is expected to reach US$ 68 Bn by 2026 at a CAGR of about 6.80 % during a forecast period.
The report segment waste heat recovery system market based on application, end-user industry, and region. Based on the application, waste heat recovery system market is classified into Preheating and steam & electricity generation. In terms of end-user industry, waste heat recovery system market can be divided into Petroleum refining, metal production, cement, chemical, paper & pulp, and textile. By region waste, heat recovery system market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Increasing population, a manifestation of strict energy emission regulations and rapid mechanization are the major growth drivers for the waste heat recovery system market. Increasing requirement of energy and electricity at reasonable prices is the key factor to boost the waste heat recovery system market. High capital cost for waste heat recovery system unit is limiting the growth in waste heat recovery market.
Based on the application, waste heat recovery system market is classified into Preheating and steam & electricity generation. The steam & electricity generation segment is expected to witness high growth in the waste heat recovery system market owing to increasing demand for steam & electricity generation by developed and developing economies. Growing electricity and energy cost is boosting the waste heat recovery system market.
Global Waste Heat Recovery System Market
By end, user industry waste heat recovery system market is divided into Petroleum refining, metal production, cement, chemical, paper & pulp, and textile. The cement industry is expected to dominate the waste heat recovery system market during forecast year owing to rapid growth in the construction sector. Growing investment by developing economies and rapid economic growth in the construction sector such as residential construction are boosting the growth in waste heat recovery system market.
In terms of region, waste heat recovery system market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe holds the large market share in the waste heat recovery system market followed by Asia-Pacific. Increasing awareness with concern for waste heat recovery systems by European Union is driving the waste heat recovery system market in the Europe region. Asia- Pacific is expected to dominate the waste heat recovery system market during forecast year owing to rapid industrialization and increasing significance for supportable energy by developing economies such as China and India.
Key Players Profiled and Analysed in the Report
Siemens AG, General Electric Company, Harbin Electric International Company Ltd., Dongfang Electric Corporation, Mitsubishi Hitachi Power Systems, China Energy Recovery, Ormat Technologies. ABB Ltd., Amec Foster Wheeler, General Electric Co., Mitsubishi Heavy Industries Ltd., Echogen Power Systems Inc., Endotherm Ltd., Thermax Limited, Siemens AG, and Cool Energy Inc.
Scope of the report for the Global Waste Heat Recovery System Market:
Global Waste Heat Recovery System Market, by application
• Preheating
• Steam & Electricity Generation
Global Waste Heat Recovery System Market, by end user industry
• Petroleum Refining
• Metal Production
• Cement
• Chemical
• Paper & Pulp
• Textile
Global Waste Heat Recovery System Market, by region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East Africa
Key players Global Waste Heat Recovery System Market
• Siemens AG
• General Electric Company
• Harbin Electric International Company Ltd
• Dongfang Electric Corporation
• Mitsubishi Hitachi Power Systems
• China Energy Recovery
• Ormat Technologies
• ABB Ltd.
• Amec Foster Wheeler
• General Electric Co.
• Mitsubishi Heavy Industries Ltd.
• Echogen Power Systems Inc.
• Endotherm Ltd.
• Thermax Limited
• Cool Energy Inc.
Table of Contents
Global Waste Heat Recovery System Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
3. Executive Summary
3.1. Global Waste Heat Recovery System Market Size, by Market Value (US$ Mn) and Market, by Region
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis
4.3.7. Key Trend in Global Waste Heat Recovery System Market
5. Global Waste Heat Recovery System Market Analysis and Forecast
5.1. Global Waste Heat Recovery System Market Analysis and Forecast
5.2. Global Waste Heat Recovery System Market Size& Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. Latin America
6. Global Waste Heat Recovery System Market Analysis and Forecast, by Application
6.1. Introduction and Definition
6.2. Key Findings
6.3. Global Waste Heat Recovery System Market Value Share Analysis, by Application
6.4. Global Waste Heat Recovery System Market Size (US$ Mn) Forecast, by Application
6.5. Global Waste Heat Recovery System Market Analysis, by Application
6.6. Global Waste Heat Recovery System Market Attractiveness Analysis, by Application
7. Global Waste Heat Recovery System Market Analysis and Forecast, by End user industry
7.1. Introduction and Definition
7.2. Global Waste Heat Recovery System Market Value Share Analysis, by End user industry
7.3. Global Waste Heat Recovery System Market Size (US$ Mn) Forecast, by End user industry
7.4. Global Waste Heat Recovery System Market Analysis, by End user industry
7.5. Global Waste Heat Recovery System Market Attractiveness Analysis, by End user industry
8. Global Waste Heat Recovery System Market Analysis, by Region
8.1. Global Waste Heat Recovery System Market Value Share Analysis, by Region
8.2. Global Waste Heat Recovery System Market Size (US$ Mn) Forecast, by Region
8.3. Global Waste Heat Recovery System Market Attractiveness Analysis, by Region
9. North America Waste Heat Recovery System Market Analysis
9.1. Key Findings
9.2. North America Waste Heat Recovery System Market Overview
9.3. North America Waste Heat Recovery System Market Value Share Analysis, by Application
9.4. North America Waste Heat Recovery System Market Forecast, by Application
9.4.1. Preheating
9.4.2. Steam & Electricity Generation
9.5. North America Waste Heat Recovery System Market Value Share Analysis, by End user industry
9.6. North America Waste Heat Recovery System Market Forecast, by End user industry
9.6.1. Petroleum Refining
9.6.2. Metal Production
9.6.3. Cement
9.6.4. Chemical
9.6.5. Paper & Pulp
9.6.6. Textile
9.7. North America Waste Heat Recovery System Market Value Share Analysis, by Country
9.8. North America Waste Heat Recovery System Market Forecast, by Country
9.8.1.1. U.S., 2018–2026
9.8.1.2. Canada, 2018–2026
9.9. North America Waste Heat Recovery System Market Analysis, by Country
9.10. U.S. Waste Heat Recovery System Market Forecast, by Application
9.10.1. Preheating
9.10.2. Steam & Electricity Generation
9.11. U.S. Waste Heat Recovery System Market Forecast, by End user industry
9.11.1. Petroleum Refining
9.11.2. Metal Production
9.11.3. Cement
9.11.4. Chemical
9.11.5. Paper & Pulp
9.11.6. Textile
9.12. Canada Waste Heat Recovery System Market Forecast, by Application
9.12.1. Preheating
9.12.2. Steam & Electricity Generation
9.13. Canada Waste Heat Recovery System Market Forecast, by End user industry
9.13.1. Petroleum Refining
9.13.2. Metal Production
9.13.3. Cement
9.13.4. Chemical
9.13.5. Paper & Pulp
9.13.6. Textile
9.14. North America Waste Heat Recovery System Market Attractiveness Analysis
9.14.1. By Application
9.14.2. By End user industry
9.15. PEST Analysis
10. Europe Waste Heat Recovery System Market Analysis
10.1. Key Findings
10.2. Europe Waste Heat Recovery System Market Overview
10.3. Europe Waste Heat Recovery System Market Value Share Analysis, by Application
10.4. Europe Waste Heat Recovery System Market Forecast, by Application
10.4.1. Preheating
10.4.2. Steam & Electricity Generation
10.5. Europe Waste Heat Recovery System Market Value Share Analysis, by End user industry
10.6. Europe Waste Heat Recovery System Market Forecast, by End user industry
10.6.1. Petroleum Refining
10.6.2. Metal Production
10.6.3. Cement
10.6.4. Chemical
10.6.5. Paper & Pulp
10.6.6. Textile
10.7. Europe Waste Heat Recovery System Market Value Share Analysis, by Country
10.8. Europe Waste Heat Recovery System Market Forecast, by Country
10.8.1.1. Germany
10.8.1.2. U.K.
10.8.1.3. France
10.8.1.4. Italy
10.8.1.5. Spain
10.8.1.6. Rest of Europe
10.9. Europe Waste Heat Recovery System Market Analysis, by Country/ Sub-region
10.10. Germany Waste Heat Recovery System Market Forecast, by Application
10.10.1. Preheating
10.10.2. Steam & Electricity Generation
10.11. Germany Waste Heat Recovery System Market Forecast, by End user industry
10.11.1. Petroleum Refining
10.11.2. Metal Production
10.11.3. Cement
10.11.4. Chemical
10.11.5. Paper & Pulp
10.11.6. Textile
10.12. U.K. Waste Heat Recovery System Market Forecast, by Application
10.12.1. Preheating
10.12.2. Steam & Electricity Generation
10.13. U.K. Waste Heat Recovery System Market Forecast, by End user industry
10.13.1. Petroleum Refining
10.13.2. Metal Production
10.13.3. Cement
10.13.4. Chemical
10.13.5. Paper & Pulp
10.13.6. Textile
10.14. France Waste Heat Recovery System Market Forecast, by Application
10.14.1. Preheating
10.14.2. Steam & Electricity Generation
10.15. France Waste Heat Recovery System Market Forecast, by End user industry
10.15.1. Petroleum Refining
10.15.2. Metal Production
10.15.3. Cement
10.15.4. Chemical
10.15.5. Paper & Pulp
10.15.6. Textile
10.16. Italy Waste Heat Recovery System Market Forecast, by Application
10.16.1. Preheating
10.16.2. Steam & Electricity Generation
10.17. Italy Waste Heat Recovery System Market Forecast, by End user industry
10.17.1. Petroleum Refining
10.17.2. Metal Production
10.17.3. Cement
10.17.4. Chemical
10.17.5. Paper & Pulp
10.17.6. Textile
10.18. Spain Waste Heat Recovery System Market Forecast, by Application
10.18.1. Preheating
10.18.2. Steam & Electricity Generation
10.19. Spain Waste Heat Recovery System Market Forecast, by End user industry
10.19.1. Petroleum Refining
10.19.2. Metal Production
10.19.3. Cement
10.19.4. Chemical
10.19.5. Paper & Pulp
10.19.6. Textile
10.20. Rest of Europe Waste Heat Recovery System Market Forecast, by Application
10.20.1. Preheating
10.20.2. Steam & Electricity Generation
10.21. Rest of Europe Waste Heat Recovery System Market Forecast, by End user industry
10.21.1. Petroleum Refining
10.21.2. Metal Production
10.21.3. Cement
10.21.4. Chemical
10.21.5. Paper & Pulp
10.21.6. Textile
10.22. Europe Waste Heat Recovery System Market Attractiveness Analysis
10.22.1. By Application
10.22.2. By End user industry
10.23. PEST Analysis
11. Asia Pacific Waste Heat Recovery System Market Analysis
11.1. Key Findings
11.2. Asia Pacific Waste Heat Recovery System Market Overview
11.3. Asia Pacific Waste Heat Recovery System Market Value Share Analysis, by Application
11.4. Asia Pacific Waste Heat Recovery System Market Forecast, by Application
11.4.1. Preheating
11.4.2. Steam & Electricity Generation
11.5. Asia Pacific Waste Heat Recovery System Market Value Share Analysis, by End user industry
11.6. Asia Pacific Waste Heat Recovery System Market Forecast, by End user industry
11.6.1. Petroleum Refining
11.6.2. Metal Production
11.6.3. Cement
11.6.4. Chemical
11.6.5. Paper & Pulp
11.6.6. Textile
11.7. Asia Pacific Waste Heat Recovery System Market Value Share Analysis, by Country
11.8. Asia Pacific Waste Heat Recovery System Market Forecast, by Country
11.8.1. China, 2018–2026
11.8.2. India, 2018–2026
11.8.3. Japan, 2018–2026
11.8.4. ASEAN, 2018–2026
11.8.5. Rest of Asia Pacific, 2018–2026
11.9. Asia Pacific Waste Heat Recovery System Market Analysis, by Country/ Sub-region
11.10. China Waste Heat Recovery System Market Forecast, by Application
11.10.1. Preheating
11.10.2. Steam & Electricity Generation
11.11. China Waste Heat Recovery System Market Forecast, by End user industry
11.11.1. Petroleum Refining
11.11.2. Metal Production
11.11.3. Cement
11.11.4. Chemical
11.11.5. Paper & Pulp
11.11.6. Textile
11.12. India Waste Heat Recovery System Market Forecast, by Application
11.12.1. Preheating
11.12.2. Steam & Electricity Generation
11.13. India Waste Heat Recovery System Market Forecast, by End user industry
11.13.1. Petroleum Refining
11.13.2. Metal Production
11.13.3. Cement
11.13.4. Chemical
11.13.5. Paper & Pulp
11.13.6. Textile
11.14. Japan Waste Heat Recovery System Market Forecast, by Application
11.14.1. Preheating
11.14.2. Steam & Electricity Generation
11.15. Japan Waste Heat Recovery System Market Forecast, by End user industry
11.15.1. Petroleum Refining
11.15.2. Metal Production
11.15.3. Cement
11.15.4. Chemical
11.15.5. Paper & Pulp
11.15.6. Textile
11.16. ASEAN Waste Heat Recovery System Market Forecast, by Application
11.16.1. Preheating
11.16.2. Steam & Electricity Generation
11.17. ASEAN Waste Heat Recovery System Market Forecast, by End user industry
11.17.1. Petroleum Refining
11.17.2. Metal Production
11.17.3. Cement
11.17.4. Chemical
11.17.5. Paper & Pulp
11.17.6. Textile
11.18. Rest of Asia Pacific Waste Heat Recovery System Market Forecast, by Application
11.18.1. Preheating
11.18.2. Steam & Electricity Generation
11.19. Rest of Asia Pacific Waste Heat Recovery System Market Forecast, by End user industry
11.19.1. Petroleum Refining
11.19.2. Metal Production
11.19.3. Cement
11.19.4. Chemical
11.19.5. Paper & Pulp
11.19.6. Textile
11.20. Asia Pacific Waste Heat Recovery System Market Attractiveness Analysis
11.20.1. By Application
11.20.2. By End user industry
11.21. PEST Analysis
12. Middle East & Africa Waste Heat Recovery System Market Analysis
12.1. Key Findings
12.2. Middle East & Africa Waste Heat Recovery System Market Overview
12.3. Middle East & Africa Waste Heat Recovery System Market Value Share Analysis, by Application
12.4. Middle East & Africa Waste Heat Recovery System Market Forecast, by Application
12.4.1. Preheating
12.4.2. Steam & Electricity Generation
12.5. Middle East & Africa Waste Heat Recovery System Market Value Share Analysis, by End user industry
12.6. Middle East & Africa Waste Heat Recovery System Market Forecast, by End user industry
12.6.1. Petroleum Refining
12.6.2. Metal Production
12.6.3. Cement
12.6.4. Chemical
12.6.5. Paper & Pulp
12.6.6. Textile
12.7. Middle East & Africa Waste Heat Recovery System Market Value Share Analysis, by Country
12.8. Middle East & Africa Waste Heat Recovery System Market Forecast, by Country
12.8.1. GCC, 2018–2026
12.8.2. South Africa, 2018–2026
12.8.3. Rest of Middle East & Africa, 2018–2026
12.9. Middle East & Africa Waste Heat Recovery System Market Analysis, by Country/ Sub-region
12.10. GCC Waste Heat Recovery System Market Forecast, by Application
12.10.1. Preheating
12.10.2. Steam & Electricity Generation
12.11. GCC Waste Heat Recovery System Market Forecast, by End user industry
12.11.1. Petroleum Refining
12.11.2. Metal Production
12.11.3. Cement
12.11.4. Chemical
12.11.5. Paper & Pulp
12.11.6. Textile
12.12. South Africa Waste Heat Recovery System Market Forecast, by Application
12.12.1. Preheating
12.12.2. Steam & Electricity Generation
12.13. South Africa Waste Heat Recovery System Market Forecast, by End user industry
12.13.1. Petroleum Refining
12.13.2. Metal Production
12.13.3. Cement
12.13.4. Chemical
12.13.5. Paper & Pulp
12.13.6. Textile
12.14. Rest of Middle East & Africa Waste Heat Recovery System Market Forecast, by Application
12.14.1. Preheating
12.14.2. Steam & Electricity Generation
12.15. Rest of Middle East & Africa Waste Heat Recovery System Market Forecast, by End user industry
12.15.1. Petroleum Refining
12.15.2. Metal Production
12.15.3. Cement
12.15.4. Chemical
12.15.5. Paper & Pulp
12.15.6. Textile
12.16. Middle East & Africa Waste Heat Recovery System Market Attractiveness Analysis
12.16.1. By Application
12.16.2. By End user industry
12.17. PEST Analysis
13. Latin America Waste Heat Recovery System Market Analysis
13.1. Key Findings
13.2. Latin America Waste Heat Recovery System Market Overview
13.3. Latin America Waste Heat Recovery System Market Value Share Analysis, by Application
13.4. Latin America Waste Heat Recovery System Market Forecast, by Application
13.4.1. Preheating
13.4.2. Steam & Electricity Generation
13.5. Latin America Waste Heat Recovery System Market Value Share Analysis, by End user industry
13.6. Latin America Waste Heat Recovery System Market Forecast, by End user industry
13.6.1. Petroleum Refining
13.6.2. Metal Production
13.6.3. Cement
13.6.4. Chemical
13.6.5. Paper & Pulp
13.6.6. Textile
13.7. Latin America Waste Heat Recovery System Market Value Share Analysis, by Country
13.8. Latin America Waste Heat Recovery System Market Forecast, by Country
13.8.1.1. Brazil, 2018–2026
13.8.1.2. Mexico, 2018–2026
13.8.1.3. Rest of Latin America, 2018–2026
13.9. Latin America Waste Heat Recovery System Market Analysis, by Country/ Sub-region
13.10. Brazil Waste Heat Recovery System Market Forecast, by Application
13.10.1. Preheating
13.10.2. Steam & Electricity Generation
13.11. Brazil Waste Heat Recovery System Market Forecast, by End user industry
13.11.1. Petroleum Refining
13.11.2. Metal Production
13.11.3. Cement
13.11.4. Chemical
13.11.5. Paper & Pulp
13.11.6. Textile
13.12. Mexico Waste Heat Recovery System Market Forecast, by Application
13.12.1. Preheating
13.12.2. Steam & Electricity Generation
13.13. Mexico Waste Heat Recovery System Market Forecast, by End user industry
13.13.1. Petroleum Refining
13.13.2. Metal Production
13.13.3. Cement
13.13.4. Chemical
13.13.5. Paper & Pulp
13.13.6. Textile
13.14. Rest of Latin America Waste Heat Recovery System Market Forecast, by Application
13.14.1. Preheating
13.14.2. Steam & Electricity Generation
13.15. Rest of Latin America Waste Heat Recovery System Market Forecast, by End user industry
13.15.1. Petroleum Refining
13.15.2. Metal Production
13.15.3. Cement
13.15.4. Chemical
13.15.5. Paper & Pulp
13.15.6. Textile
13.16. Latin America Waste Heat Recovery System Market Attractiveness Analysis
13.16.1. By Application
13.16.2. By End user industry
13.17. PEST Analysis
14. Company Profiles
14.1. Global Waste Heat Recovery System Market Share Analysis, by Company
14.2. Competition Matrix
14.3. Company Profiles: Key Players
14.3.1. Siemens AG
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Business Strategy
14.3.1.4. Recent Developments
14.3.1.5. Paper & Pulp Footprint
14.3.2. General Electric Company
14.3.3. Harbin Electric International Company Ltd
14.3.4. Dongfang Electric Corporation
14.3.5. Mitsubishi Hitachi Power Systems
14.3.6. China Energy Recovery
14.3.7. Ormat Technologies
14.3.8. ABB Ltd.
14.3.9. Amec Foster Wheeler
14.3.10. General Electric Co.
14.3.11. Mitsubishi Heavy Industries Ltd.
14.3.12. Echogen Power Systems Inc.
14.3.13. Endotherm Ltd.
14.3.14. Thermax Limited
14.3.15. Cool Energy Inc
15. Primary Key Insights
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