What's driving the Waste heat recovery system Market Size Key Players are: AC Boilers, Aura GmbH, AMEC Foster Wheeler, Bosch Thermotechnology, D?rr Group, General Electric, Forbes Marshall, Rentech Boiler Systems, Ormat Technologies, Exery SPA, Thermax, V

Market Study Report has recently added a report on Waste heat recovery system Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

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.

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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.

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.

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Report 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

1.4.2.1 Paid Sources

1.4.2.2 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.

3.4.1.1 Clean Air Act

3.4.1.2 Energy Policy Act

3.4.1.3 Industry Emission Standards

3.4.1.3.1National Ambient Air Quality Standards

3.4.2 Europe

3.4.2.1 EU Directive 2010/75/EU, 2010

3.4.2.2 Emission Regulations

3.4.2.2.1Emission limit values for combustion plants

3.4.3 China

3.4.3.1 The 13th Five-Year Plan (2016-2020)

3.4.4 India

3.4.4.1 Air (Prevention and Control of Pollution) Act

3.4.4.2 National Air Quality Monitoring Program

3.4.4.3 Industry Emission Laws

3.4.4.3.1National Ambient Air Quality Standards, 2009

3.4.4.4 General Emission Standards

3.4.5 South-Africa

3.4.5.1 National Environment Management: Air Quality Act 2004

3.4.5.2 National Framework for Air Quality Management

3.4.5.3 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

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