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What's driving the Waste Heat Recovery System Market Share? Bosch Thermotechnology, Viessman, General Electric, Walchandnagar, Cochran, Mitsubishi Hitachi Power Systems., Forbes Marshall, Siemens, Thermax, Rentech

04-10-2019 07:06 AM CET | Energy & Environment

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/ PR Agency: Market Study Report LLC
What's driving the Waste Heat Recovery System Market Share?

Market Study Report LLC adds 2019-2025 Global Waste Heat Recovery System market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

UK waste heat recovery system market share is predicted to grow over 7% by 2025. Long term benefits of decarbonization and increasing focus toward sustainable development have increased demand for waste heat recovery system. Ongoing policies and initiatives toward the adoption of energy efficient systems will further stimulate the industry growth.

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Waste heat recovery system market is predicted to reach over USD 80 billion by 2025. Escalating demand for energy efficiency across manufacturing sector along with robust industrial sector growth will stimulate the business growth. Shifting regulatory landscape toward emission control along with stringent emission standards will fuel the adoption of heat recovery systems. Moreover, reduced operational cost along with the transition toward renewable energy sources will contribute toward industry expansion.

Asia-Pacific waste heat recovery system market is set to reach over USD 30 Billion by 2025. Government policies and legislations aimed at reducing carbon footprint coupled with focus toward expansion of industrial centers will stimulate the industry growth. As of 2018, the region accounted for over 50% of the manufacturing value added on account of rise in FDI inflows toward the manufacturing sector on a global scale. Government plans with an objective to achieve sustainable development along with the rising focus toward harmful impact of emissions on environment will boost product adoption across key industries.

>6500C WHR system involves SRC technology in which the extraction of steam from the turbines is done in order to pre-heat the boiler feedwater. These systems are installed across cement, glass and heavy metal manufacturing industries for effective and efficient exhaust heat utilization. Cost reduction, greater operational flexibility and technology advancement are few key features that will contribute toward the growth of waste heat recovery system market share.

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Growing focus towards low temperature heat utilization from industrial waste stream sources coupled with efforts to achieve energy optimization will drive WHRS market growth. These units are gaining momentum across the medium scale industries in order to reduce emission levels and achieve low operational costs. Furthermore, growing demand for reliable electricity along with rising fuel prices will complement toward industry expansion.

In recent years, WHR systems have found significant penetration in glass, heavy metal production, chemical, and petroleum refining industries. Stringent emissions standards along with escalating demand for continuous and reliable electricity will stimulate the product adoption. Furthermore, ongoing expansion across food processing industry along with decreasing costs of low temperature heat utilization will increase the waste heat recovery system market.

UK waste heat recovery system market share is predicted to grow over 7% by 2025. Long term benefits of decarbonization and increasing focus toward sustainable development have increased demand for waste heat recovery system. Ongoing policies and initiatives toward the adoption of energy efficient systems will further stimulate the industry growth.

Significant players operating across the waste heat recovery systems market include AC Boilers, Aura GmbH, AMEC Foster Wheeler, Bosch Thermotechnology, D?rr Group, General Electric, Forbes Marshall, Rentech Boiler Systems, Ormat Technologies, Exery SPA, Thermax, Viessman, Climeon AB, Boustead International, IHI Corporation, Cochran, Mitsubishi Hitachi Power Systems, Promec Engineering, HRS, Walchandnagar and Siemens.

Table of Content:

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market definitions

1.3 Market estimation & forecast parameters

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary Paid Sources Public Sources

Chapter 2 Executive Summary

2.1 Waste heat recovery system market 360 degree synopsis, 2014 - 2025

2.1.1 Business trends

2.1.2 Application trends

2.1.3 Temperature trends

2.1.4 End-use trends

2.1.5 Regional trends

Chapter 3 Waste Heat Recovery System Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2014 - 2025 (USD Million)

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.4 Regulatory landscape

3.4.1 U.S. Clean Air Act Energy Policy Act Industry Emission Standards Ambient Air Quality Standards

3.4.2 Europe EU Directive 2010/75/EU, 2010 Emission Regulations limit values for combustion plants

3.4.3 China The 13th Five-Year Plan (2016-2020)

3.4.4 India Air (Prevention and Control of Pollution) Act National Air Quality Monitoring Program Industry Emission Laws Ambient Air Quality Standards, 2009 General Emission Standards

3.4.5 South-Africa National Environment Management: Air Quality Act 2004 National Framework for Air Quality Management National Ambient Air Quality Standards,2009

3.5 Technology landscape

3.5.1 Topping Cycle CHP

3.5.2 Waste Heat to Power /Bottoming Cycle CHP

3.6 Cost Structure

3.6.1 Steam Rankine Cycle

3.6.2 Organic Rankine Cycle

3.7 Heat Integration Analysis

3.7.1 Saving Fuel

3.7.2 Generating electricity and mechanical work

3.7.3 Selling electricity and heat

3.7.4 Reducing utility investments

3.7.5 Reducing cooling needs

3.7.6 Increasing production

3.7.7 Reducing greenhouse gas emissions

3.7.8 Transforming energy

3.8 Waste heat source characterization

3.9 Industry impact forces

3.9.1 Growth drivers Rising focus to reduce carbon footprint Robust industrial sector growth Stringent emission norms

3.9.2 Industry pitfalls & challenges High initial investment and lack of grid infrastructure

3.10 Growth potential analysis

3.11 Porter's Analysis

3.12 Competitive Landscape, 2018

3.12.1 Strategy dashboard General Electric Strategy Mitsubishi Hitachi Power Systems, Ltd. (MHPS) Expansion Venture Siemens & Acquisition Thermax & Acquisitions Bosch Business Expansion

3.13 PESTEL Analysis

Chapter 4 Waste Heat Recovery System Market, By Application

4.1 Waste heat recovery system market share by application, 2018 & 2025

4.2 Pre-Heating

4.2.1 Global market from pre-heating, 2014 - 2025

4.2.1 Global market from pre-heating by region, 2014 - 2025

4.3 Electricity & Steam Generation

4.3.1 Global market from electricity & steam generation, 2014 - 2025

4.3.2 Global market from electricity & steam generation by region, 2014 – 2025

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Related Report:

Southeast Asia Waste Heat Recovery System Market Report (2014-2024) - Market Size, Share, Price, Trend and Forecast

The Southeast Asia Waste Heat Recovery System market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million USD by the end of 2024 with a CAGR of XX% from 2019 to 2024.

This report is an essential reference for who looks for detailed information on Southeast Asia Waste Heat Recovery System market. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors?? information. In addition to the data part, the report also provides overview of Waste Heat Recovery System market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

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