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Waste Heat Recovery System is an economic method to increase the overall efficiency of the plant and, thus, to lower fuel demand. The largest sources of waste heat for most industries are exhaust and flue gases and heated air from heating systems such as high-temperature gases from burners in process heating; lower temperature gases from heat treating furnaces, dryers, and heaters; and heat from heat exchangers, cooling liquids, and gases.
Scope of the Report:
In the last several years, the growth rate of global waste heat recovery system market is very as high as 8.64%, due to the fast development of cement industry. In 2016, the global Waste Heat Recovery System production may be 334 units, growth 7.05% year-on-year.
In the next several years, the development of global waste heat recovery system production may be still fast without extraordinary circumstances. The global Waste Heat Recovery System production is expected to be 454 units in 2021.
In the global production market of waste heat recovery system, Europe is the largest supplier with nearly one third of the total production market. Following Europe, Japan occupies production market share of 28.53%.
In the consumption market, Asia is the largest consumption market due to the developed real estate industry. Among these Asian countries, China is the largest consumption market, especially the government introducing supportive policies continually.
The worldwide market for Waste Heat Recovery System is expected to grow at a CAGR of roughly 4.7% over the next five years, will reach 2940 million US$ in 2024, from 2230 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Waste Heat Recovery System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- ABB
- MHI
- Siemens
- GE
- Kawasaki
- Ormat
- Foster Wheeler
- Bosch
- Echogen Power Systems
- EST (Wasabi)
- Thermax
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Steam System
- Organic Rankine Cycle System
- Kalina Cycle System
- Other
Market Segment by Applications, can be divided into
- Petroleum Refining
- Heavy Metal Production
- Cement
- Chemical
- Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Waste Heat Recovery System product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Waste Heat Recovery System, with price, sales, revenue and global market share of Waste Heat Recovery System in 2017 and 2018.
Chapter 3, the Waste Heat Recovery System competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Waste Heat Recovery System breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Waste Heat Recovery System market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Waste Heat Recovery System sales channel, distributors, customers, research findings and conclusion, appendix and data source.