Key Trends and Emerging Changes Shaping the Exhaust Heat Recovery System Market Landscape

The exhaust heat recovery system sector is positioned for significant expansion as industries and automotive technologies increasingly focus on energy efficiency and emissions reduction. Advancements in powertrain electrification and stricter environmental regulations are expected to fuel demand for these systems, which capture and reuse waste heat to improve overall energy utilization. Let's explore the market's size projections, key players, emerging trends, and segment details shaping this evolving industry.

Projected Growth and Market Size of the Exhaust Heat Recovery System Market
The exhaust heat recovery system market is on track for robust growth, anticipated to reach $30.04 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 7.7% during the forecast period. The surge is driven by factors such as the ongoing electrification of powertrains, wider adoption of hybrid vehicles, and growth in industrial energy recovery solutions. Additionally, stricter emissions regulations and increased investments in technologies that enhance energy efficiency are contributing significantly to this upward trajectory. Key trends expected to influence the market include the integration of waste heat recovery technologies, heightened use of thermoelectric generators, broader application in commercial vehicles, greater adoption in industrial engines, and innovations aimed at improving system efficiency.

Download a free sample of the exhaust heat recovery system market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=29057&type=smp&utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR

Leading Companies Driving the Exhaust Heat Recovery System Market
The competitive landscape of the exhaust heat recovery system market features several prominent players. Companies such as MAHLE GmbH, Denso Corporation, Forvia Faurecia SE, Continental AG, Robert Bosch GmbH, Mitsubishi Heavy Industries, Ltd., Valeo SE, Tenneco Inc., Eberspächer Gruppe GmbH & Co. KG, Schaeffler AG, Marelli Holdings Co., Ltd., Siemens AG, Bosal International N.V., Dana Incorporated, GE Vernova, IHI Corporation, Schneider Electric SE, Viessmann Group, Babcock & Wilcox, Senior Flexonics, EnviroKinetics, Inc., Exergy International SRL, GEA Group, Anguil Environmental Systems, and Ormat Technologies, Inc. play vital roles in advancing technologies and market reach. In a notable development from April 2024, Germany-based private equity firm Mutares SE & Co. KGaA acquired a majority stake in Italy's Sofinter Group, a specialist in industrial boilers and heat recovery steam generation (HRSG) systems. This acquisition aims to bolster Mutares' engineering and technology offerings while creating synergies within the industrial boiler and heat recovery segments.

Drivers Stirring Momentum in the Exhaust Heat Recovery System Market
Government programs are increasingly supporting clean energy and efficiency technologies, propelling the exhaust heat recovery market forward. For instance, initiatives like the Electric Program Investment Charge (EPIC) provide financial backing for research, development, and demonstration of innovative energy solutions, accelerating the adoption of sustainable practices. These regulatory frameworks are encouraging companies to invest in advanced heat recovery systems that reduce emissions and enhance energy savings.

View the full exhaust heat recovery system market report:
https://www.thebusinessresearchcompany.com/report/exhaust-heat-recovery-system-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR

A Case Example of Technology Adoption and Efficiency Gains
One practical illustration of these efforts is the low-temperature waste heat recovery system developed by the California Energy Commission (CEC) in January 2025. Installed at Searles Valley Minerals in Trona, California, this system captures vented low-pressure steam to dry V-BOR, leading to a significant 15% reduction in natural gas consumption. Additionally, the project addresses water conservation issues by recycling cold condensate via a storage tank, showcasing how heat recovery solutions can simultaneously promote energy efficiency and resource management.

Segmentation Overview Reflecting Market Diversity in Exhaust Heat Recovery Systems
The exhaust heat recovery system market is categorized across several dimensions to capture its full scope:
1) Type: Heat Recovery Steam Generators, Heat Exchangers, Steam Turbines, Condensing Units
2) Component: Turbine, Thermoelectric Generator (TEG) Module, Evaporator, Condenser, Other Components
3) Vehicle Type: Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
4) Application: Industrial, Power Generation, Automotive
5) End-User: Manufacturing, Oil and Gas, Food and Beverage, Utility, Transportation

Detailed Subsegments Highlighting Product Variations
Within these major groups, further subsegments provide insight into specific product categories:
- Heat Recovery Steam Generators include Waste Heat Boilers, Once-Through Steam Generators, Firetube Steam Generators, and Watertube Steam Generators.
- Heat Exchangers comprise Shell and Tube Heat Exchangers, Plate Heat Exchangers, Air-Cooled Heat Exchangers, and Finned Tube Heat Exchangers.
- Steam Turbines are classified into Back Pressure Steam Turbines, Condensing Steam Turbines, Extraction Steam Turbines, and Reheat Steam Turbines.
- Condensing Units consist of Air-Cooled Condensers, Water-Cooled Condensers, Evaporative Condensers, and Hybrid Condensers.

These categories enable a comprehensive understanding of the technologies and applications that define the exhaust heat recovery system market today and in the years to come.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.