Learn details of the APAC Waste Heat Recovery Systems Market : global industry analysis by 2020
On the basis of product type, the waste heat recovery system market is segmented as generators, boilers, exhaust stacks, ovens, compressors, heat pumps, regenerators, recuperators and others. On the basis of application the global market can be segmented as pre-heating, steam generation, electricity generation and others. Globally, steam generation accounts for almost half of the market share compared to other sources. According to the United States Department Of Energy (US DOE) and the International Energy Agency (IEA), over three-fifths of the energy used by power plants gets wasted in the form of heat and around 20% to 50% of industrial energy input is lost as waste heat. Waste heat recovery equipment find usage in a number of industrial applications such as heavy metal production, cement production, petroleum refining, chemical refining and natural gas compression.
Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-ap-174
The waste heat recovery system market is expected to grow two-fold between2014 and2020. Currently, Europe is the largest market in the global waste heat recovery systems, accounting for around 35-40% share of the global market. North America is the second-largest segment, followed by APAC region. The APAC region is expected to register a significant growth from 2014 to 2020, majorly due to government regulations and foreign direct investment in the region. The waste heat recovery systems market is expected to grow at a higher rate for emerging economies such as India and China as compared to developed economical regions, such as North America and Europe.
Large-scale economic development, growing population, presence of strict emission regulations and rapid industrialization are the major growth drivers for the APAC waste heat recovery systems market. Apart from these, requirement for fuel efficient systems and growing environment safety awareness are other long term growth drivers, which are contributing towards growth of waste heat recovery market in the APAC region. China and India are playing important roles in the installations of waste heat recovery systems. The use of waste heat recovery systems in the cement industry is estimated to grow significantly, due to a high demand of cement from the APAC region.
Major players in the waste heat recovery system market include General Electric, Siemens AG, Mitsubishi Heavy Industries Ltd. and Alstom. These companies adopt strategies such as entering into joint ventures, alliances and partnerships in order to expand their business and product lines. Apart from these key players, several other small and local companies are present in the APAC region, and they account for a comparatively low market share.
Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/toc/rep-ap-174
The potential for growth of the waste heat recovery systems market is very high in emerging economies in the APAC region. The markets in India and China are expected to register significant growth due to increasing industrial and infrastructural development initiatives in these countries. Overall, the potential for growth of waste heat recovery systems market in the emerging and developing economies is quite promising in the near future.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Learn details of the APAC Waste Heat Recovery Systems Market : global industry analysis by 2020 here
News-ID: 1134441 • Views: 87
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for APAC
Elevators Market: Rapid Urbanization APAC Escalating Demand,
On the back of rapid urbanization in several emerging economies in Asia Pacific, the global elevators market is flourishing. A recent business publication by Transparency Market Research (TMR) has evaluated the lucrativeness of the market for elevators and escalators across the world and forecasted the demand, in terms of value, to increment at a notable CAGR of 7.4% during the forecast period of 2016 to 2023. In terms of volume,
Food Service Market in APAC 2017-2021
The latest industry research report on Food Service by MRC provides a thorough analysis of the Food Service market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the Food Service industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis
Agrochemicals Market in APAC
ReportsWorldwide has announced the addition of a new report title APAC: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “APAC: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Global Food Retail Market : APAC Demanding Region
The global Food Retail market was valued at USD 5,643.6 billion in 2013 and is expected to grow at a CAGR of 6.1 % from 2014 to 2020, to reach an estimated value of USD 8,541.9 billion in 2020. For More Information Request TOC (desk of content material), Figures and Tables of the report @ http://www.persistencemarketresearch.com/market-research/food-retail-market/toc Rise in the global population, changing customer preferences, and emerging economies are making the way
Global Clinical Nutrition Market : APAC Demanding Region
The global Clinical Nutrition market was valued at USD 36.9 billion in 2013 and is expected to grow at a CAGR of 4.1% from 2014 to 2020, to reach an estimated value of USD 48.6 billion in 2020. For More Information Request TOC (desk of content material), Figures and Tables of the report @ http://www.persistencemarketresearch.com/market-research/clinical-nutrition-market/toc Nutrition provides human beings with the required amount of proteins, carbohydrates, fats, water, vitamins, and minerals
IT Outsourcing Market In APAC 2016-2020
About Information Technology Outsourcing (ITO) in APAC The ITO market in APAC is gaining ground with increased IT spending and related outsourcing activities by organizations in the region to stay competitive in todays globalization. ITO services help organizations to manage their IT functions through IT expert team and innovative technologies. C-level executives of the companies have realized benefits of implementing outsourcing services for their IT functions and are increasingly supporting such