Waste Heat Recovery System Market was worth USD 41.23 billion in 2014 and is expected to reach approximately USD 74.72 billion by 2023

The Waste Heat Recovery System Market was worth USD 41.23 billion in 2014 and is expected to reach approximately USD 74.72 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.83% during the forecast period. A waste heat recovery unit (WHRU) is an energy recovery heat exchanger that exchanges heat from process yields at high temperature to other sections of the procedure for some reason, usually expanded efficiency. The WHRU is a tool engaged with cogeneration. Waste heat might be derived from sources, for example, steam from cooling towers, hot flue gases from a diesel generator, or even waste water from cooling procedures, for example, in steel cooling.

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Waste Heat Recovery System Market: Regional Outlook
North America is anticipated to witness a direct development rate. Asia-Pacific is foreseen to be the quickest developing WHR system market, which is sponsored by appeal from WHR system in the bond business in light of the developing development segment. The existence of real creating nations, for example, China, India, and South Korea additionally drive the WHR system market in the locale.

Waste Heat Recovery System Market: Competitive Insights
The major players in the market are General Electric, Echogen Power Systems Inc, Mitsubishi Heavy Industries Ltd, Ormat Technologies, ABB, Amec Foster Wheeler, Cool Energy Inc, Thermax, Econotherm Limited and Siemens. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Waste Heat Recovery System Market is segmented as follows-

Waste Heat Recovery System Market By Application:

  • Steam & electricity generation
  • Preheating
  • Others

Waste Heat Recovery System Market By End User:

  • Metal production
  • Chemical
  • Petroleum refining
  • Cement
  • Paper & pulp
  • Others

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Table of Contents: 

  1. Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

  1. Executive Summary

2.1.       Key Highlights

  1. Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers    Government Regulations & Incentives    Need for Energy Efficient Equipment

3.2.2.  Restraints    Cost Restriction    Temperature Restraints

3.2.3.  Opportunities    Emerging Markets to Offer Lucrative Growth Opportunities

  1. Market Analysis by Regions

4.1.       North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2014-2023)

4.1.2.  Canada Market States and Outlook (2014-2023)

4.1.3.  Mexico Market States and Outlook (2014-2023)

4.2.       Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2014-2023)

4.2.2.  France Market States and Outlook (2014-2023)

4.2.3.  UK Market States and Outlook (2014-2023)

4.2.4.  Russia Market States and Outlook (2014-2023)

4.2.5.  Italy Market States and Outlook (2014-2023)

4.2.6.  Rest of Europe Market States and Outlook (2014-2023)


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