Waste Heat Recovery System Market

1
Global Waste Heat Recovery System Market 2017
2025

• Published by Accurize Market Research Pvt. Ltd.

Published by Accurize Market Research Pvt.
Ltd.
2
Global Waste Heat Recovery System Market is
Estimated to Reach 91.3 Billion by 2024

• Global waste heat recovery system market report
  published by Accurize Market Research forecast
  that the global market is expected to reach 91.3
  billion by 2024 growing at a CAGR of 8.8 from
  2017 to 2025. By geography, the Asia Pacific and
  North America are expected to grow at a CAGR of
  XX and XX, respectively, during the forecast
  period.
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  e-heat-recovery-system-market/sample-request

3
Global Waste Heat Recovery System Market is
Estimated to Reach 91.3 Billion by 2024

• Improved government initiatives and strict
  regulations, increasing energy and electricity
  rate, technological developments and increasing
  investment and rapid industrialization across the
  globe to drive the growth of the market
• Improved government initiatives and strict
  regulations, increasing energy and electricity
  rates, technological developments and increasing
  investment and rapid industrialization fuel the
  demand for the global waste heat recovery system
  market. Moreover, the high price of installation
  and shortage of awareness also boosts the growth
  of the market.

4
Market Segmentation

• The global waste heat recovery system market has
  been bifurcated on the basis of application,
  end-user, and geography. On the basis of
  application, market has been divided into steam
  and power generation, pre-heating, and other
  applications. On the basis of end-user, the
  market has been segmented as petroleum refining,
  chemical, cement, metal production and casting,
  natural gas compression, paper and pulp, and
  other end-users.
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5
Market Segmentation

• By geography the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW).
• North America is further bifurcated in U.S.,
  Canada, and Mexico whereas Europe segment consist
  of the UK, Germany, France, Italy, and Rest of
  Europe.
• Asia-Pacific is segmented into India, China,
  Japan, South Korea, and Rest of Asia- Pacific,
  while RoW is bifurcated into South America, the
  Middle East, and Africa.

6
Market Segmentation

• Steam and power generation accounted for the
  largest market share in the application segment
  ", says Accurize
• By application segment, steam and power
  generation accounted for the major market share
  in 2017, and is expected to continue its
  dominance throughout the forecast period 2017
  2025, owing to rising demand for energy in both
  developing and developed economies due to high
  use of steam and power generator from several
  end-use industries.

7
Market Segmentation

• Europe dominated the global market with the
  highest market share over the forecast period",
  says Accurize
• In 2017, Europe dominated the global waste heat
  recovery system market with largest market share
  of 39.3 and is expected to continue the trend
  during the forecasted period 2017-2015, owing to
  stringent energy efficiency rules about the use
  of waste heat recovery systems in numerous
  manufacturing-oriented industries.

8
Top players in the market

• The key market players include
• Echogen Power Systems Inc.,
• Econotherm Limited.,
• General Electric Co.,
• ABB (ASEA Brown Boveri),
• Amec Foster Wheeler Plc.,
• Siemens AG,
• Mitsubishi Heavy Industries Ltd.,
• Thermax Limited,
• Ormat Technologies Inc.,
• Cool Energy Inc., among others.

9
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