Waste Heat Recovery System Market key drive and Regional Share, Trends, Competitor Analysis to 2025

This study focuses on the production side and consumption side of Waste Heat Recovery System, presents the global Waste Heat Recovery System market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Waste Heat Recovery System capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Waste Heat Recovery System by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Waste Heat Recovery System is an economic method to increase the overall efficiency of the plant and, thus, to lower fuel demand. The largest sources of waste heat for most industries are exhaust and flue gases and heated air from heating systems such as high-temperature gases from burners in process heating; lower temperature gases from heat treating furnaces, dryers, and heaters; and heat from heat exchangers, cooling liquids, and gases.

In the last several years, the growth rate of global waste heat recovery system market is very as high as 8.64%, due to the fast development of cement industry. In 2016, the global Waste Heat Recovery System production may be 334 units, growth 7.05% year-on-year.

In the next several years, the development of global waste heat recovery system production may be still fast without extraordinary circumstances. The global Waste Heat Recovery System production is expected to be 454 units in 2021.

In the global production market of waste heat recovery system, Europe is the largest supplier with nearly one third of the total production market. Following Europe, Japan occupies production market share of 28.53%.

In the consumption market, Asia is the largest consumption market due to the developed real estate industry. Among these Asian countries, China is the largest consumption market, especially the government introducing supportive policies continually.

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The Waste Heat Recovery System market was valued at 2230 Million US$ in 2017 and is projected to reach 3240 Million US$ by 2025, at a CAGR of 4.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Waste Heat Recovery System.

This report includes the following manufacturers; we can also add the other companies as you want.

ABB

MHI

Siemens

GE

Kawasaki

Ormat

Foster Wheeler

Bosch

Echogen Power Systems

EST (Wasabi)

Thermax

Market Segment by Product Type

Steam System

Organic Rankine Cycle System

Kalina Cycle System

Other

Market Segment by Application

Petroleum Refining

Heavy Metal Production

Cement

Chemical

Other

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