Press release
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030.
The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute to the revenue generation opportunities in the waste heat recovery market.
In recent years, people around the world are becoming more conscious about environment. Furthermore, rising requirement for the energy efficient equipment around the world is also projected to serve as revenue generator in the waste heat recovery market in the near future.
Download a Brochure Of The Latest Research Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=116
On the flip side, the temperature restraints along with cost restriction have been anticipated to limit the growth opportunities in the waste heat recovery market. But, the emergence of waste heat recovery technologies, burning issue, and emerging economies across the world are some noteworthy factors that are likely to fuel growth impetuses in the waste heat recovery market. Along with this, increasing concentration on the cost efficient heat recovery is also estimated to serve as the significant factor to bolster expansion opportunities in the waste heat recovery market.
Waste Heat Recovery Market: An Overview
New energy efficient equipment or waste heat recovery systems enable users to reduce energy losses and cater to the growing energy demands which drive waste heat recovery market. These systems can also be used to capture the heat generated in the course of several industrial processes and further use it for mechanical and electrical works, fulfilling the energy requirements by converting waste heat into a useful one.
With rising energy demands, stringent environmental conditions, and the need to optimize or utilize the available resources in the best possible ways - waste heat recovery is the need of the hour. Presently, several companies have installed these systems for the purpose of energy generation as well as emission reduction.
Waste Heat Recovery Market: Key Segments
The waste heat recovery market can be broadly classified on the basis of source of waste heat, application, end-use industry, and the location of major areas employing waste to heat energy recovery systems for the purpose of converting the waste heat into a useful one. The major sources of waste heat are: ventilation system extracts, boiler flue gases, air compressors, refrigeration plants, turbines, power generation plants, process plants cooling systems, and others. The waste heat recovery systems can capture the heat generated from these systems to employ them for various other purposes.
Download TOC [list Of Figures & Tables] @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=116
The waste heat recovery system uses discarded heat and employs it to heat the water that creates steam, which is subsequently used for the purpose of running the turbines. The turbine movement thus converts the mechanical energy into an electrical one. The major applications of waste heat recovery systems include space heating, drying, power generation, pre-heating of combustion air for boilers, and fresh air for building ventilation and others. Key end-use industries for waste heat recovery units include petroleum and refining industries, pulp and paper industries, heavy metals reefing industries, chemical refining industries, and cement industries.
Waste Heat Recovery Market: Regional Analysis
The waste heat recovery market can be simply identified by the regions employing waste heat recovery technologies. The main regions are: the U.S., Canada, Germany, France, the U.K., Russia, China, India, Australia, Japan, Indonesia, Brazil, South Africa, and the Middle East countries.
The increasing fuel prices, supportive government policies, stringent environmental regulations, energy loss minimization, and the rise in the energy demands of individuals as well as industries are the major drivers for the waste heat recovery market. The additional costs involved in installation and longer payback periods act as obstacles for the waste heat recovery market. However, rapid industrialization, especially in Asia Pacific countries, has led to the increase in demand for energy. In addition, new, existing, and upcoming incentive schemes related to energy conservation and environmental protection can act as an opportunity to the waste heat recovery market.
Waste Heat Recovery Market: Key Market Players
The key players in the waste heat recovery market are: General Electric, Alstom SA, Siemens AG, Mitsubishi Heavy Industries Ltd, Thermax Ltd, and Foster Wheeler AG.
Get a Discount On This Exclusive Report @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=116
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today's supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients' conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Contact:
Rohit Bhisey
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Visit Site: https://www.tmrresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
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 Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031 here
News-ID: 2712597 • Views: …
More Releases from TMR Research
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction
A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are…
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot
The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030.
The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to…
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot
Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation…
System-in-Package (SiP) Die Technologies Market Competitive Environment & Foreca …
Global System-in-Package Die Technologies Market: Snapshot
The escalating popularity of miniaturization in the electronic industry is augmenting the demand in the global system-in-package (SiP) die technologies market. SiP enables the arrangement of several active electronic components in a single unit to function together and provide multiple opportunities to develop advanced and yet cheaper electronic products. The need to control rising costs, rise in the number of semiconductor fabrication plants (fabs), emergence of advanced…
More Releases for Waste
Waste King Women's Perspectives on Waste Management
While working in waste management may be, traditionally, considered a role for men, a growing proportion - currently some 27% - of the UK's waste management workforce are female.
According to the international network of waste professionals and experts, The International Solid Waste Association (ISWA), "Women make a strong contribution to the waste management sector. Women are out there but are just not very visible."
The ISWA adds, "But women…
Kitchen Waste Management Market Is Booming Worldwide | Republic Services, Casell …
Advance Market Analytics published a new research publication on "Global Kitchen Waste Management Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Kitchen Waste Management market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample…
Metal Waste and Recycling Market Opportunities 2023-2030 | Waste Management, Rep …
According to HTF Market Intelligence, the Global Metal Waste and Recycling market to witness a CAGR of 7.2% during forecast period of 2023-2028. The market is segmented by Metal Waste and Recycling Comprehensive Study by Type (Ferrous metal (Iron), Non-ferrous metal (Copper, Silver, Brass, Aluminium, Gold)), Application (Building & Construction, Automotive, Equipment Manufacturing, Shipbuilding, Consumer Appliances, Battery, Packaging, Others), Equipment Type (Shredders, Shears, Granulating machines, Briquetting machines). The Metal Waste…
Global Medical Waste Management Market Huge Growth in Future Scope 2023-2032 | W …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per the Medical Waste Management market report by The Business Research Company, The rise in the use of disposable medical products in healthcare facilities is expected to drive the medical waste management market. In a healthcare setting, most of the products used are meant for single-use…
Global Solid Waste Management Market By Waste Type: Industrial Waste, Municipal …
According to the latest research by SkyQuest Technology, the Global Solid Waste Management Market was valued at USD 285.16 Billion in 2021, and it is expected to reach USD 392.14 Billion by 2028, with a CAGR of 3.3% during the forecast period of 2022 -2028. The research provides up-to-date Solid Waste Management market analysis of the current market landscape, latest trends, drivers, and overall market environment.
Unwanted solid material produced as…
Waste Management Market Expected to Reach $55.6 Billion by 2027 | Industrial Was …
Global Waste Management Market Size and Forecast, 2021-2027
The insights and perspectives offered by Allied Market Research tend to provide a customizable framework for the success of an establishment.
Industry Snapshot
global waste management market size was $45,756.9 million in 2019, and is projected to reach $55,637.9 million by 2027, registering a CAGR of 4.1% from 2020 to 2027The Waste Management market report offers both the qualitative and quantitative analysis of the global…
