report-image

Global Waste Heat Recovery Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 211
  • CATEGORY
  • Energy & Power
Waste Heat Recovery market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Waste Heat Recovery market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Waste Heat Recovery manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Waste Heat Recovery market covering all its essential aspects.

Global Waste Heat Recovery Market: Segmentations


Global Waste Heat Recovery Market: By Types
Upstream Sector Waste Heat Recovery
Midstream Sector Waste Heat Recovery
Downstream Sector Waste Heat Recovery

Global Waste Heat Recovery Market: By Applications
Chemicals Industry
Petroleum Refining Industry
Paper Industry
Commercial Facilities
Food Industry
Metal Industry
Others

Global Waste Heat Recovery Market: Major Players
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

Global Waste Heat Recovery Market: By Regions
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Waste Heat Recovery market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Waste Heat Recovery would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Waste Heat Recovery Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Market Overview
1.1 Product Overview and Scope of Waste Heat Recovery
1.2 Classification of Waste Heat Recovery by Sector
1.2.1 Overview: Global Waste Heat Recovery Market Size by Type: 2017 Versus 2022 Versus 2032
1.2.2 Global Waste Heat Recovery Revenue Market Share by Type in 2022
1.2.3 Upstream Sector Waste Heat Recovery
1.2.4 Midstream Sector Waste Heat Recovery
1.2.5 Downstream Sector Waste Heat Recovery
1.3 Global Waste Heat Recovery Market by Application
1.3.1 Overview: Global Waste Heat Recovery Market Size by Application: 2017 Versus 2022 Versus 2032
1.3.2 Chemicals Industry
1.3.3 Petroleum Refining Industry
1.3.4 Paper Industry
1.3.5 Commercial Facilities
1.3.6 Food Industry
1.3.7 Metal Industry
1.3.8 Others
1.4 Global Waste Heat Recovery Market Size & Forecast
1.5 Global Waste Heat Recovery Market Size and Forecast by Region
1.5.1 Global Waste Heat Recovery Market Size by Region: 2017 VS 2022 VS 2032
1.5.2 Global Waste Heat Recovery Market Size by Region, (2016-2021)
1.5.3 North America Waste Heat Recovery Market Size and Prospect (2017-2032)
1.5.4 Europe Waste Heat Recovery Market Size and Prospect (2017-2032)
1.5.5 Asia-Pacific Waste Heat Recovery Market Size and Prospect (2017-2032)
1.5.6 South America Waste Heat Recovery Market Size and Prospect (2017-2032)
1.5.7 Middle East and Africa Waste Heat Recovery Market Size and Prospect (2017-2032)
1.6 Market Drivers, Restraints and Trends
1.6.1 Waste Heat Recovery Market Drivers
1.6.2 Waste Heat Recovery Market Restraints
1.6.3 Waste Heat Recovery Trends Analysis
2 Company Profiles
2.1 ABB
2.1.1 ABB Details
2.1.2 ABB Major Business
2.1.3 ABB Waste Heat Recovery Product and Solutions
2.1.4 ABB Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.1.5 ABB Recent Developments and Future Plans
2.2 Amec Foster Wheeler
2.2.1 Amec Foster Wheeler Details
2.2.2 Amec Foster Wheeler Major Business
2.2.3 Amec Foster Wheeler Waste Heat Recovery Product and Solutions
2.2.4 Amec Foster Wheeler Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.2.5 Amec Foster Wheeler Recent Developments and Future Plans
2.3 Clean Energy Technologies
2.3.1 Clean Energy Technologies Details
2.3.2 Clean Energy Technologies Major Business
2.3.3 Clean Energy Technologies Waste Heat Recovery Product and Solutions
2.3.4 Clean Energy Technologies Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.3.5 Clean Energy Technologies Recent Developments and Future Plans
2.4 Mitsubishi Hitachi Power Systems
2.4.1 Mitsubishi Hitachi Power Systems Details
2.4.2 Mitsubishi Hitachi Power Systems Major Business
2.4.3 Mitsubishi Hitachi Power Systems Waste Heat Recovery Product and Solutions
2.4.4 Mitsubishi Hitachi Power Systems Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.4.5 Mitsubishi Hitachi Power Systems Recent Developments and Future Plans
2.5 Siemens
2.5.1 Siemens Details
2.5.2 Siemens Major Business
2.5.3 Siemens Waste Heat Recovery Product and Solutions
2.5.4 Siemens Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.5.5 Siemens Recent Developments and Future Plans
2.6 Bono Energia
2.6.1 Bono Energia Details
2.6.2 Bono Energia Major Business
2.6.3 Bono Energia Waste Heat Recovery Product and Solutions
2.6.4 Bono Energia Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.6.5 Bono Energia Recent Developments and Future Plans
2.7 BORSIG
2.7.1 BORSIG Details
2.7.2 BORSIG Major Business
2.7.3 BORSIG Waste Heat Recovery Product and Solutions
2.7.4 BORSIG Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.7.5 BORSIG Recent Developments and Future Plans
2.8 Bosch Industriekessel
2.8.1 Bosch Industriekessel Details
2.8.2 Bosch Industriekessel Major Business
2.8.3 Bosch Industriekessel Waste Heat Recovery Product and Solutions
2.8.4 Bosch Industriekessel Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.8.5 Bosch Industriekessel Recent Developments and Future Plans
2.9 Citech
2.9.1 Citech Details
2.9.2 Citech Major Business
2.9.3 Citech Waste Heat Recovery Product and Solutions
2.9.4 Citech Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.9.5 Citech Recent Developments and Future Plans
2.10 ClearPower Systems
2.10.1 ClearPower Systems Details
2.10.2 ClearPower Systems Major Business
2.10.3 ClearPower Systems Waste Heat Recovery Product and Solutions
2.10.4 ClearPower Systems Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.10.5 ClearPower Systems Recent Developments and Future Plans
2.11 Dresser-Rand
2.11.1 Dresser-Rand Details
2.11.2 Dresser-Rand Major Business
2.11.3 Dresser-Rand Waste Heat Recovery Product and Solutions
2.11.4 Dresser-Rand Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.11.5 Dresser-Rand Recent Developments and Future Plans
2.12 Echogen
2.12.1 Echogen Details
2.12.2 Echogen Major Business
2.12.3 Echogen Waste Heat Recovery Product and Solutions
2.12.4 Echogen Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.12.5 Echogen Recent Developments and Future Plans
2.13 Forbes Marshall
2.13.1 Forbes Marshall Details
2.13.2 Forbes Marshall Major Business
2.13.3 Forbes Marshall Waste Heat Recovery Product and Solutions
2.13.4 Forbes Marshall Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.13.5 Forbes Marshall Recent Developments and Future Plans
2.14 Ormat Technologies
2.14.1 Ormat Technologies Details
2.14.2 Ormat Technologies Major Business
2.14.3 Ormat Technologies Waste Heat Recovery Product and Solutions
2.14.4 Ormat Technologies Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.14.5 Ormat Technologies Recent Developments and Future Plans
2.15 Probe Manufacturing
2.15.1 Probe Manufacturing Details
2.15.2 Probe Manufacturing Major Business
2.15.3 Probe Manufacturing Waste Heat Recovery Product and Solutions
2.15.4 Probe Manufacturing Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.15.5 Probe Manufacturing Recent Developments and Future Plans
2.16 TESPL
2.16.1 TESPL Details
2.16.2 TESPL Major Business
2.16.3 TESPL Waste Heat Recovery Product and Solutions
2.16.4 TESPL Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.16.5 TESPL Recent Developments and Future Plans
2.17 THE MAERSK
2.17.1 THE MAERSK Details
2.17.2 THE MAERSK Major Business
2.17.3 THE MAERSK Waste Heat Recovery Product and Solutions
2.17.4 THE MAERSK Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.17.5 THE MAERSK Recent Developments and Future Plans
2.18 Thermax Global
2.18.1 Thermax Global Details
2.18.2 Thermax Global Major Business
2.18.3 Thermax Global Waste Heat Recovery Product and Solutions
2.18.4 Thermax Global Waste Heat Recovery Revenue, Gross Margin and Market Share (2017-2022)
2.18.5 Thermax Global Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Waste Heat Recovery Revenue and Share by Players (2017-2022)
3.2 Market Concentration Rate
3.2.1 Top 3 Waste Heat Recovery Players Market Share
3.2.2 Top 10 Waste Heat Recovery Players Market Share
3.2.3 Market Competition Trend
3.3 Waste Heat Recovery Players Head Office, Products and Services Provided
3.4 Mergers & Acquisitions
3.5 New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Waste Heat Recovery Revenue and Market Share by Type (2016-2021)
4.2 Global Waste Heat Recovery Market Forecast by Type (2021-2026)
5 Market Size Segment by Application
5.1 Global Waste Heat Recovery Revenue Market Share by Application (2016-2021)
5.2 Waste Heat Recovery Market Forecast by Application (2021-2026)
6 North America by Country, by Type, and by Application
6.1 North America Waste Heat Recovery Revenue by Type (2017-2032)
6.2 North America Waste Heat Recovery Revenue by Application (2017-2032)
6.3 North America Waste Heat Recovery Market Size by Country
6.3.1 North America Waste Heat Recovery Revenue by Country (2017-2032)
6.3.2 United States Waste Heat Recovery Market Size and Forecast (2017-2032)
6.3.3 Canada Waste Heat Recovery Market Size and Forecast (2017-2032)
6.3.4 Mexico Waste Heat Recovery Market Size and Forecast (2017-2032)
7 Europe by Country, by Type, and by Application
7.1 Europe Waste Heat Recovery Revenue by Type (2017-2032)
7.2 Europe Waste Heat Recovery Revenue by Application (2017-2032)
7.3 Europe Waste Heat Recovery Market Size by Country
7.3.1 Europe Waste Heat Recovery Revenue by Country (2017-2032)
7.3.2 Germany Waste Heat Recovery Market Size and Forecast (2017-2032)
7.3.3 France Waste Heat Recovery Market Size and Forecast (2017-2032)
7.3.4 United Kingdom Waste Heat Recovery Market Size and Forecast (2017-2032)
7.3.5 Russia Waste Heat Recovery Market Size and Forecast (2017-2032)
7.3.6 Italy Waste Heat Recovery Market Size and Forecast (2017-2032)
8 Asia-Pacific by Region, by Type, and by Application
8.1 Asia-Pacific Waste Heat Recovery Revenue by Type (2017-2032)
8.2 Asia-Pacific Waste Heat Recovery Revenue by Application (2017-2032)
8.3 Asia-Pacific Waste Heat Recovery Market Size by Region
8.3.1 Asia-Pacific Waste Heat Recovery Revenue by Region (2017-2032)
8.3.2 China Waste Heat Recovery Market Size and Forecast (2017-2032)
8.3.3 Japan Waste Heat Recovery Market Size and Forecast (2017-2032)
8.3.4 South Korea Waste Heat Recovery Market Size and Forecast (2017-2032)
8.3.5 India Waste Heat Recovery Market Size and Forecast (2017-2032)
8.3.6 Southeast Asia Waste Heat Recovery Market Size and Forecast (2017-2032)
8.3.7 Australia Waste Heat Recovery Market Size and Forecast (2017-2032)
9 South America by Country, by Type, and by Application
9.1 South America Waste Heat Recovery Revenue by Type (2017-2032)
9.2 South America Waste Heat Recovery Revenue by Application (2017-2032)
9.3 South America Waste Heat Recovery Market Size by Country
9.3.1 South America Waste Heat Recovery Revenue by Country (2017-2032)
9.3.2 Brazil Waste Heat Recovery Market Size and Forecast (2017-2032)
9.3.3 Argentina Waste Heat Recovery Market Size and Forecast (2017-2032)
10 Middle East & Africa by Country, by Type, and by Application
10.1 Middle East & Africa Waste Heat Recovery Revenue by Type (2017-2032)
10.2 Middle East & Africa Waste Heat Recovery Revenue by Application (2017-2032)
10.3 Middle East & Africa Waste Heat Recovery Market Size by Country
10.3.1 Middle East & Africa Waste Heat Recovery Revenue by Country (2017-2032)
10.3.2 Turkey Waste Heat Recovery Market Size and Forecast (2017-2032)
10.3.3 Saudi Arabia Waste Heat Recovery Market Size and Forecast (2017-2032)
10.3.4 UAE Waste Heat Recovery Market Size and Forecast (2017-2032)
11 Research Findings and Conclusion
12 Appendix
12.1 Methodology
12.2 Research Process and Data Source
12.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3950

Only Three Thousand Nine Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI