Global Marine Waste Heat Recovery Systems Industry Size, Market Share, Price and Growth Rate Research Report 2026

Global Info Research's report is a detailed and comprehensive analysis for global Marine Waste Heat Recovery Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the Marine Waste Heat Recovery Systems market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

According to our (Global Info Research) latest study, the global Marine Waste Heat Recovery Systems market size was valued at US$ 296 million in 2024 and is forecast to a readjusted size of USD 700 million by 2031 with a CAGR of 13.9% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Marine waste heat recovery systems are onboard energy‐saving technologies that capture and convert excess heat from ship engines-mainly main propulsion engines and auxiliary generators-into useful power. Using components such as exhaust gas economizers, heat exchangers, steam turbines, or Organic Rankine Cycle (ORC) units, these systems transform otherwise lost thermal energy into electricity or supplemental propulsion power. By improving overall fuel efficiency and reducing emissions, marine waste heat recovery systems help ship operators lower operating costs and meet increasingly stringent environmental regulations, making them a key solution in modern maritime energy management.
In 2024, global marine waste heat recovery systems production reached approximately 233 units, with an average global market price of around US$ 1236 thousand per unit. And global marine waste heat recovery systemsproduction capacity reached approximately 300 units. The average gross margin in this industry reached 27.22%.
The upstream segment for Marine Waste Heat Recovery Systems consists mainly of core thermodynamic components, heat-resistant materials, and control systems. Key upstream inputs include high-grade steel tubing for economizers, corrosion-resistant alloys, heat-exchanger plates, turbine components, ORC working fluids, and automation hardware. Manufacturers of boilers, heat exchangers, and power-generation modules form the technical foundation of the supply chain. Representative upstream suppliers include GEA (heat-exchanger plates), Danfoss (control and automation components), and Honeywell (industrial sensing and control systems).
Downstream applications primarily involve shipyards, fleet operators, and marine engine integrators who deploy waste heat recovery solutions to improve energy efficiency and reduce emissions. The systems are installed on large commercial vessels such as container ships, bulk carriers, LNG carriers, cruise ships, and offshore support vessels. They enable fuel savings, compliance with IMO efficiency regulations (EEDI/EEXI), and lower CO2 emissions. Typical downstream users and integrators include Wärtsilä, MAN Energy Solutions, and major shipbuilders such as Hyundai Heavy Industries, which customize WHR systems to fit specific vessel layouts, engine configurations, and operational profiles.
This report is a detailed and comprehensive analysis for global Marine Waste Heat Recovery Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Market segment by Type: High Temperature System、 Low Temperature System
Market segment by Application:Cruise Ship、 Cargo Ship、 Others
Major players covered: Mitsubishi Heavy Industries、 ABB、 Berger Maritiem、 Alfa Laval、 SAACKE、 Climeon

To Get More Details About This Study, Please Click Here: https://www.globalinforesearch.com/reports/3395942/marine-waste-heat-recovery-systems

The overall report focuses on primary sections such as - market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market's current scenario which includes various aspects to perform further marketing activity. The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, Porter's 5 Force's Framework, macroeconomic analysis, value chain analysis and pricing analysis that directly shape the market at present and over the forecasted period. The drivers and restraints cover the internal factors of the market whereas opportunities and challenges are the external factors that are affecting the market. The market outlook section also gives an indication of the trends influencing new business development and investment opportunities.

The Primary Objectives in This Report determine the size of the total market opportunity of global and key countries,assess the growth potential for Marine Waste Heat Recovery Systems and competitive factors affecting the marketplace,forecast future growth in each product and end-use market. Also,this report profiles key players in the global Marine Waste Heat Recovery Systems market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments.

Marine Waste Heat Recovery Systems market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by region, regional analysis covers North America (United States, Canada, and Mexico),Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The report provides insights regarding the lucrative opportunities in the Marine Waste Heat Recovery Systems Market at the country level. The report also includes a precise cost, segments, trends, region, and commercial development of the major key players globally for the projected period.

The Marine Waste Heat Recovery Systems Market report comprehensively examines market structure and competitive dynamics. Researching the Marine Waste Heat Recovery Systems market entails a structured approach beginning with clearly defined objectives and a comprehensive literature review to understand the current landscape. Methodologies involve a mix of primary research through interviews, surveys, and secondary research from industry reports and databases. Sampling strategies ensure representation, while data analysis utilizes statistical and analytical techniques to identify trends, market sizing, and competitive landscapes. Key areas of focus include trend analysis, risk assessment, and forecasting. Findings are synthesized into a detailed report, validated through peer review or expert consultation, and disseminated to stakeholders, with ongoing monitoring to stay abreast of developments.

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