Press release
Global Waste Heat Recovery Market Expected To Grow At CAGR Of 6.74% Between Years 2017-2021
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Waste heat recovery is a process that involves the capturing of the heat exhausted by an existing industrial process. This waste heat is utilized in heating applications, including input stream pre-heating and for power generation in various industries. The sources of waste heat mainly include the discharge of hot combustion gases into the atmosphere and heat transfer from the exteriors of hot equipment. A waste heat recovery unit is normally a heat exchanger where the heat is recovered from the hot streams with high energy content.
Technavios analysts forecast the global waste heat recovery market to grow at a CAGR of 6.74% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global waste heat recovery market for 2017-2021. To calculate the market size, the report considers the new installations and exclude retrofit/ replacement/spares/aftermarket/services market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Waste Heat Recovery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
Amec Foster Wheeler
Clean Energy Technologies
Mitsubishi Hitachi Power Systems
Siemens
Other prominent vendors
Bono Energia
BORSIG
Bosch Industriekessel
Citech
ClearPower Systems
Dresser-Rand
Echogen
Forbes Marshall
Ormat Technologies
Probe Manufacturing
TESPL
THE MAERSK GROUP
Thermax Global
Market driver
Growing global electricity consumption
For a full, detailed list, view our report
Market challenge
High investment costs for waste heat recovery systems
For a full, detailed list, view our report
Market trend
Increasing use of thermoelectric material for waste heat recovery
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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