Waste Heat Recovery Market By Application (Steam and Power Generation, Pre-Heating, Space Heating), By End Use (Petroleum Refining, Chemical, Cement, Metal Production and Casting, Natural Gas Compression, Paper and Pulp, Others): Global Opportunity Analysis and Industry Forecast, 2024-2033
The global waste heat recovery market was valued at $67.2 billion in 2023, and is estimated to reach $129.6 billion by 2033, growing at a CAGR of 6.8% from 2024 to 2033.
Waste heat recovery is the process of capturing and utilizing thermal energy which is lost in industrial processes or power generation. This excess heat, often expelled through exhaust gases, cooling systems, or hot surfaces, is redirected and converted into useful forms of energy such as electricity, steam, or hot water. By recovering and repurposing this heat, waste heat recovery systems enhance overall energy efficiency, reduce fuel consumption, and lower operational costs. In addition, this process helps decrease greenhouse gas emissions, contributing to more sustainable and environmentally friendly industrial practices.
As industries seek to improve operational efficiency and reduce expenses, waste heat recovery offers a practical solution by capturing and repurposing heat that would otherwise be wasted. This process lowers energy consumption and decreases fuel costs, contributing to substantial savings over time. Moreover, advancements in technology and increased competition among manufacturers have made waste heat recovery systems more affordable and accessible. These systems are tailored to various industrial processes, from large-scale manufacturing to smaller operations that makes them a viable option for a broad range of industries. All these factors are expected to drive the demand for the waste heat recovery market during the forecast period.
However, high initial investment costs pose a significant challenge to the widespread adoption of waste heat recovery (WHR) systems, potentially hampering their growth. Implementing WHR technologies requires substantial upfront capital for the purchase and installation of specialized equipment, such as heat exchangers, boilers, and turbines. In addition, the integration of these systems into existing industrial processes involves complex engineering work, which escalates costs. For many businesses, especially small and medium-sized enterprises (SMEs), these initial financial outlays are prohibitive, making it difficult to justify the investment despite the long-term energy savings and environmental benefits. The high capital expenditure (CapEx) associated with WHR systems lead to a longer payback period, which deters companies from committing to such projects, particularly in industries with tight profit margins or uncertain market conditions. All these factors hamper the waste heat recovery market growth.
The integration of smart technologies, such as IoT sensors and advanced control systems, is enhancing the performance and efficiency of WHR systems. These technologies enable real-time monitoring and optimization of heat recovery processes, ensuring that energy is captured and reused with maximum efficiency. This increases the economic viability of WHR projects and makes them more adaptable to varying industrial conditions. In addition, modular and scalable WHR solutions are becoming more prevalent, allowing businesses to tailor systems to their specific needs and gradually expand their capacity as their operations grow. These innovations reduce the complexity and cost of implementing WHR systems, making them more attractive to a broader range of industries. All these factors are anticipated to offer new growth opportunities for the global waste heat recovery market.
The waste heat recovery market is segmented into application, end use and region. On the basis of application, the market is classified into steam and power generation, pre-heating, and space heating. By end use, the market is segmented into petroleum refining, chemical, cement, metal production and casting, natural gas compression, paper and pulp, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
On the basis of application, the market is classified into steam and power generation, pre-heating, and space heating. The steam and power generation segment accounted for less than two-thirds of the waste heat recovery market share in 2023 and is expected to maintain its dominance during the forecast period. Waste heat recovery in steam and power generation is a critical strategy for improving energy efficiency and reducing fuel consumption in industrial processes. In steam generation, waste heat recovery systems capture heat from exhaust gases or other waste heat sources that would otherwise be lost to the environment. Moreover, in power generation, waste heat recovery plays a vital role in enhancing the overall efficiency of power plants. Combined Heat and Power (CHP) systems utilize waste heat from power generation processes to produce additional electricity or to provide heating and cooling for industrial or residential application.
By end use, the market is segmented into petroleum refining, chemical, cement, metal production and casting, natural gas compression, paper and pulp, and others. The chemical segment accounted for less than one-third of the waste heat recovery market share in 2023 and is expected to maintain its dominance during the forecast period. Waste heat recovery in the chemical industry plays a critical role in enhancing energy efficiency and reducing operational costs. The chemical sector is energy-intensive, with numerous processes generating substantial amounts of heat that are released into the environment. By implementing waste heat recovery systems, chemical plants capture this excess heat and repurpose it for other processes, such as preheating raw materials, generating steam, or producing electricity. This optimizes energy use and reduces the dependency on external energy sources, thereby lowering overall energy costs.
Region-wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA. The Asia-Pacific region accounted for less than of the waste heat recovery market share in 2023 and is expected to maintain its dominance during the forecast period. Technological advancements are improving the feasibility and effectiveness of waste heat recovery in the region. Innovations in heat exchangers, organic Rankine cycle (ORC) systems, and new materials have expanded the range of temperatures and industries that benefit from WHR. This is particularly important in the Asia-Pacific, where diverse climatic conditions and industrial processes require adaptable and robust WHR solutions. Moreover, the region’s robust investment in R&D drives the growth of waste heat recovery systems, ensuring that both small- and large-scale industries are capitalized on the technology.
Key players in the waste heat recovery market include ABB Ltd., Mitsubishi Heavy Industries Ltd, TLV CO., LTD, Thermax Ltd, Siemens AG, Robert Bosch GmbH, General Electric Company, Echogen Power System, Schneider Electric SE, and Kawasaki Heavy Industries, Ltd.
Key Findings of the Study
On the basis of application, the pre-heating segment is anticipated to grow at the fastest CAGR of 7.3% during the forecast period.
On the basis of end use, the natural gas compression segment is anticipated to grow at the fastest CAGR of 8.2% during the forecast period.
Region-wise, Asia-Pacific has the highest share in 2023 in terms of revenue.
Key Market Segments
By Application
Steam and Power Generation
Pre-Heating
Space Heating
By End Use
Petroleum Refining
Chemical
Cement
Metal Production and Casting
Natural Gas Compression
Paper and Pulp
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa,
Saudi Arabia
Rest of LAMEA
Key Market Players
ABB Ltd.
Echogen Power Systems
General Electric Company
Kawasaki Heavy Industries, Ltd.
Mitsubishi Heavy Industries Ltd.
Robert Bosch GmbH
Schneider Electric SE.
Siemens AG
Thermax Limited
TLV CO., LTD
- CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
- CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO perspective
- CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter’s five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Cost reduction and economic benefits
- 3.4.1.2. Increase in focus on carbon emission reduction
- 3.4.2. Restraints
- 3.4.2.1. High initial investment cost
- 3.4.3. Opportunities
- 3.4.3.1. Development of advanced waste heat recovery technologies
- 3.5. Value Chain Analysis
- 3.6. Regulatory Guidelines
- CHAPTER 4: WASTE HEAT RECOVERY MARKET, BY APPLICATION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Steam and Power Generation
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Pre-Heating
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Space Heating
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- CHAPTER 5: WASTE HEAT RECOVERY MARKET, BY END USE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Petroleum Refining
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Chemical
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Cement
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Metal Production and Casting
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Natural Gas Compression
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
- 5.7. Paper and Pulp
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
- 5.8. Others
- 5.8.1. Key market trends, growth factors and opportunities
- 5.8.2. Market size and forecast, by region
- 5.8.3. Market share analysis by country
- CHAPTER 6: WASTE HEAT RECOVERY MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Application
- 6.2.3. Market size and forecast, by End Use
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Market size and forecast, by Application
- 6.2.4.1.2. Market size and forecast, by End Use
- 6.2.4.2. Canada
- 6.2.4.2.1. Market size and forecast, by Application
- 6.2.4.2.2. Market size and forecast, by End Use
- 6.2.4.3. Mexico
- 6.2.4.3.1. Market size and forecast, by Application
- 6.2.4.3.2. Market size and forecast, by End Use
- 6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Application
- 6.3.3. Market size and forecast, by End Use
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. Germany
- 6.3.4.1.1. Market size and forecast, by Application
- 6.3.4.1.2. Market size and forecast, by End Use
- 6.3.4.2. France
- 6.3.4.2.1. Market size and forecast, by Application
- 6.3.4.2.2. Market size and forecast, by End Use
- 6.3.4.3. UK
- 6.3.4.3.1. Market size and forecast, by Application
- 6.3.4.3.2. Market size and forecast, by End Use
- 6.3.4.4. Spain
- 6.3.4.4.1. Market size and forecast, by Application
- 6.3.4.4.2. Market size and forecast, by End Use
- 6.3.4.5. Italy
- 6.3.4.5.1. Market size and forecast, by Application
- 6.3.4.5.2. Market size and forecast, by End Use
- 6.3.4.6. Rest of Europe
- 6.3.4.6.1. Market size and forecast, by Application
- 6.3.4.6.2. Market size and forecast, by End Use
- 6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Application
- 6.4.3. Market size and forecast, by End Use
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Market size and forecast, by Application
- 6.4.4.1.2. Market size and forecast, by End Use
- 6.4.4.2. India
- 6.4.4.2.1. Market size and forecast, by Application
- 6.4.4.2.2. Market size and forecast, by End Use
- 6.4.4.3. Japan
- 6.4.4.3.1. Market size and forecast, by Application
- 6.4.4.3.2. Market size and forecast, by End Use
- 6.4.4.4. South Korea
- 6.4.4.4.1. Market size and forecast, by Application
- 6.4.4.4.2. Market size and forecast, by End Use
- 6.4.4.5. Australia
- 6.4.4.5.1. Market size and forecast, by Application
- 6.4.4.5.2. Market size and forecast, by End Use
- 6.4.4.6. Rest of Asia-Pacific
- 6.4.4.6.1. Market size and forecast, by Application
- 6.4.4.6.2. Market size and forecast, by End Use
- 6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Application
- 6.5.3. Market size and forecast, by End Use
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Market size and forecast, by Application
- 6.5.4.1.2. Market size and forecast, by End Use
- 6.5.4.2. South Africa,
- 6.5.4.2.1. Market size and forecast, by Application
- 6.5.4.2.2. Market size and forecast, by End Use
- 6.5.4.3. Saudi Arabia
- 6.5.4.3.1. Market size and forecast, by Application
- 6.5.4.3.2. Market size and forecast, by End Use
- 6.5.4.4. Rest of LAMEA
- 6.5.4.4.1. Market size and forecast, by Application
- 6.5.4.4.2. Market size and forecast, by End Use
- CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product mapping of top 10 player
- 7.4. Competitive dashboard
- 7.5. Competitive heatmap
- 7.6. Top player positioning, 2023
- CHAPTER 8: COMPANY PROFILES
- 8.1. ABB Ltd.
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.2. Mitsubishi Heavy Industries Ltd.
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
- 8.3. TLV CO., LTD
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.4. Thermax Limited
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.5. Siemens AG
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.6. Robert Bosch GmbH
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.7. General Electric Company
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.8. Schneider Electric SE.
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.9. Kawasaki Heavy Industries, Ltd.
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.10. Echogen Power Systems
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- LIST OF TABLES
- TABLE 01. GLOBAL WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 02. WASTE HEAT RECOVERY MARKET FOR STEAM AND POWER GENERATION, BY REGION, 2023-2033 ($MILLION)
- TABLE 03. WASTE HEAT RECOVERY MARKET FOR PRE-HEATING, BY REGION, 2023-2033 ($MILLION)
- TABLE 04. WASTE HEAT RECOVERY MARKET FOR SPACE HEATING, BY REGION, 2023-2033 ($MILLION)
- TABLE 05. GLOBAL WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 06. WASTE HEAT RECOVERY MARKET FOR PETROLEUM REFINING, BY REGION, 2023-2033 ($MILLION)
- TABLE 07. WASTE HEAT RECOVERY MARKET FOR CHEMICAL, BY REGION, 2023-2033 ($MILLION)
- TABLE 08. WASTE HEAT RECOVERY MARKET FOR CEMENT, BY REGION, 2023-2033 ($MILLION)
- TABLE 09. WASTE HEAT RECOVERY MARKET FOR METAL PRODUCTION AND CASTING, BY REGION, 2023-2033 ($MILLION)
- TABLE 10. WASTE HEAT RECOVERY MARKET FOR NATURAL GAS COMPRESSION, BY REGION, 2023-2033 ($MILLION)
- TABLE 11. WASTE HEAT RECOVERY MARKET FOR PAPER AND PULP, BY REGION, 2023-2033 ($MILLION)
- TABLE 12. WASTE HEAT RECOVERY MARKET FOR OTHERS, BY REGION, 2023-2033 ($MILLION)
- TABLE 13. WASTE HEAT RECOVERY MARKET, BY REGION, 2023-2033 ($MILLION)
- TABLE 14. NORTH AMERICA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 15. NORTH AMERICA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 16. NORTH AMERICA WASTE HEAT RECOVERY MARKET, BY COUNTRY, 2023-2033 ($MILLION)
- TABLE 17. U.S. WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 18. U.S. WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 19. CANADA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 20. CANADA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 21. MEXICO WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 22. MEXICO WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 23. EUROPE WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 24. EUROPE WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 25. EUROPE WASTE HEAT RECOVERY MARKET, BY COUNTRY, 2023-2033 ($MILLION)
- TABLE 26. GERMANY WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 27. GERMANY WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 28. FRANCE WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 29. FRANCE WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 30. UK WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 31. UK WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 32. SPAIN WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 33. SPAIN WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 34. ITALY WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 35. ITALY WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 36. REST OF EUROPE WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 37. REST OF EUROPE WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 38. ASIA-PACIFIC WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 39. ASIA-PACIFIC WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 40. ASIA-PACIFIC WASTE HEAT RECOVERY MARKET, BY COUNTRY, 2023-2033 ($MILLION)
- TABLE 41. CHINA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 42. CHINA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 43. INDIA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 44. INDIA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 45. JAPAN WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 46. JAPAN WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 47. SOUTH KOREA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 48. SOUTH KOREA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 49. AUSTRALIA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 50. AUSTRALIA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 51. REST OF ASIA-PACIFIC WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 52. REST OF ASIA-PACIFIC WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 53. LAMEA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 54. LAMEA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 55. LAMEA WASTE HEAT RECOVERY MARKET, BY COUNTRY, 2023-2033 ($MILLION)
- TABLE 56. BRAZIL WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 57. BRAZIL WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 58. SOUTH AFRICA, WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 59. SOUTH AFRICA, WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 60. SAUDI ARABIA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 61. SAUDI ARABIA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 62. REST OF LAMEA WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023-2033 ($MILLION)
- TABLE 63. REST OF LAMEA WASTE HEAT RECOVERY MARKET, BY END USE, 2023-2033 ($MILLION)
- TABLE 64. ABB LTD.: KEY EXECUTIVES
- TABLE 65. ABB LTD.: COMPANY SNAPSHOT
- TABLE 66. ABB LTD.: PRODUCT SEGMENTS
- TABLE 67. ABB LTD.: PRODUCT PORTFOLIO
- TABLE 68. MITSUBISHI HEAVY INDUSTRIES LTD.: KEY EXECUTIVES
- TABLE 69. MITSUBISHI HEAVY INDUSTRIES LTD.: COMPANY SNAPSHOT
- TABLE 70. MITSUBISHI HEAVY INDUSTRIES LTD.: PRODUCT SEGMENTS
- TABLE 71. MITSUBISHI HEAVY INDUSTRIES LTD.: PRODUCT PORTFOLIO
- TABLE 72. MITSUBISHI HEAVY INDUSTRIES LTD.: KEY STRATERGIES
- TABLE 73. TLV CO., LTD: KEY EXECUTIVES
- TABLE 74. TLV CO., LTD: COMPANY SNAPSHOT
- TABLE 75. TLV CO., LTD: PRODUCT SEGMENTS
- TABLE 76. TLV CO., LTD: PRODUCT PORTFOLIO
- TABLE 77. THERMAX LIMITED: KEY EXECUTIVES
- TABLE 78. THERMAX LIMITED: COMPANY SNAPSHOT
- TABLE 79. THERMAX LIMITED: PRODUCT SEGMENTS
- TABLE 80. THERMAX LIMITED: PRODUCT PORTFOLIO
- TABLE 81. SIEMENS AG: KEY EXECUTIVES
- TABLE 82. SIEMENS AG: COMPANY SNAPSHOT
- TABLE 83. SIEMENS AG: PRODUCT SEGMENTS
- TABLE 84. SIEMENS AG: PRODUCT PORTFOLIO
- TABLE 85. ROBERT BOSCH GMBH: KEY EXECUTIVES
- TABLE 86. ROBERT BOSCH GMBH: COMPANY SNAPSHOT
- TABLE 87. ROBERT BOSCH GMBH: PRODUCT SEGMENTS
- TABLE 88. ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
- TABLE 89. GENERAL ELECTRIC COMPANY: KEY EXECUTIVES
- TABLE 90. GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
- TABLE 91. GENERAL ELECTRIC COMPANY: PRODUCT SEGMENTS
- TABLE 92. GENERAL ELECTRIC COMPANY: PRODUCT PORTFOLIO
- TABLE 93. SCHNEIDER ELECTRIC SE.: KEY EXECUTIVES
- TABLE 94. SCHNEIDER ELECTRIC SE.: COMPANY SNAPSHOT
- TABLE 95. SCHNEIDER ELECTRIC SE.: PRODUCT SEGMENTS
- TABLE 96. SCHNEIDER ELECTRIC SE.: PRODUCT PORTFOLIO
- TABLE 97. KAWASAKI HEAVY INDUSTRIES, LTD.: KEY EXECUTIVES
- TABLE 98. KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
- TABLE 99. KAWASAKI HEAVY INDUSTRIES, LTD.: PRODUCT SEGMENTS
- TABLE 100. KAWASAKI HEAVY INDUSTRIES, LTD.: PRODUCT PORTFOLIO
- TABLE 101. ECHOGEN POWER SYSTEMS: KEY EXECUTIVES
- TABLE 102. ECHOGEN POWER SYSTEMS: COMPANY SNAPSHOT
- TABLE 103. ECHOGEN POWER SYSTEMS: PRODUCT SEGMENTS
- TABLE 104. ECHOGEN POWER SYSTEMS: PRODUCT PORTFOLIO
- LIST OF FIGURES
- FIGURE 01. WASTE HEAT RECOVERY MARKET, 2023-2033
- FIGURE 02. SEGMENTATION OF WASTE HEAT RECOVERY MARKET,2023-2033
- FIGURE 03. TOP IMPACTING FACTORS IN WASTE HEAT RECOVERY MARKET (2023 TO 2033)
- FIGURE 04. TOP INVESTMENT POCKETS IN WASTE HEAT RECOVERY MARKET (2024-2033)
- FIGURE 05. MODERATE BARGAINING POWER OF SUPPLIERS
- FIGURE 06. MODERATE THREAT OF NEW ENTRANTS
- FIGURE 07. MODERATE THREAT OF SUBSTITUTES
- FIGURE 08. MODERATE INTENSITY OF RIVALRY
- FIGURE 09. MODERATE BARGAINING POWER OF BUYERS
- FIGURE 10. GLOBAL WASTE HEAT RECOVERY MARKET:DRIVERS, RESTRAINTS AND OPPORTUNITIES
- FIGURE 11. WASTE HEAT RECOVERY MARKET, BY APPLICATION, 2023 AND 2033(%)
- FIGURE 12. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR STEAM AND POWER GENERATION, BY COUNTRY 2023 AND 2033(%)
- FIGURE 13. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR PRE-HEATING, BY COUNTRY 2023 AND 2033(%)
- FIGURE 14. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR SPACE HEATING, BY COUNTRY 2023 AND 2033(%)
- FIGURE 15. WASTE HEAT RECOVERY MARKET, BY END USE, 2023 AND 2033(%)
- FIGURE 16. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR PETROLEUM REFINING, BY COUNTRY 2023 AND 2033(%)
- FIGURE 17. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR CHEMICAL, BY COUNTRY 2023 AND 2033(%)
- FIGURE 18. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR CEMENT, BY COUNTRY 2023 AND 2033(%)
- FIGURE 19. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR METAL PRODUCTION AND CASTING, BY COUNTRY 2023 AND 2033(%)
- FIGURE 20. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR NATURAL GAS COMPRESSION, BY COUNTRY 2023 AND 2033(%)
- FIGURE 21. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR PAPER AND PULP, BY COUNTRY 2023 AND 2033(%)
- FIGURE 22. COMPARATIVE SHARE ANALYSIS OF WASTE HEAT RECOVERY MARKET FOR OTHERS, BY COUNTRY 2023 AND 2033(%)
- FIGURE 23. WASTE HEAT RECOVERY MARKET BY REGION, 2023 AND 2033(%)
- FIGURE 24. U.S. WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 25. CANADA WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 26. MEXICO WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 27. GERMANY WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 28. FRANCE WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 29. UK WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 30. SPAIN WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 31. ITALY WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 32. REST OF EUROPE WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 33. CHINA WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 34. INDIA WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 35. JAPAN WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 36. SOUTH KOREA WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 37. AUSTRALIA WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 38. REST OF ASIA-PACIFIC WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 39. BRAZIL WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 40. SOUTH AFRICA, WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 41. SAUDI ARABIA WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 42. REST OF LAMEA WASTE HEAT RECOVERY MARKET, 2023-2033 ($MILLION)
- FIGURE 43. TOP WINNING STRATEGIES, BY YEAR (2022)
- FIGURE 44. TOP WINNING STRATEGIES, BY DEVELOPMENT (2022)
- FIGURE 45. TOP WINNING STRATEGIES, BY COMPANY (2022)
- FIGURE 46. PRODUCT MAPPING OF TOP 10 PLAYERS
- FIGURE 47. COMPETITIVE DASHBOARD
- FIGURE 48. COMPETITIVE HEATMAP: WASTE HEAT RECOVERY MARKET
- FIGURE 49. TOP PLAYER POSITIONING, 2023
- FIGURE 50. ABB LTD.: NET SALES, 2021-2023 ($MILLION)
- FIGURE 51. ABB LTD.: REVENUE SHARE BY SEGMENT, 2023 (%)
- FIGURE 52. ABB LTD.: REVENUE SHARE BY REGION, 2023 (%)
- FIGURE 53. MITSUBISHI HEAVY INDUSTRIES, LTD.: NET REVENUE, 2021-2023 ($MILLION)
- FIGURE 54. MITSUBISHI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY SEGMENT, 2023 (%)
- FIGURE 55. MITSUBISHI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY REGION, 2023 (%)
- FIGURE 56. THERMAX LIMITED: NET SALES, 2021-2023 ($MILLION)
- FIGURE 57. THERMAX LIMITED: REVENUE SHARE BY SEGMENT, 2023 (%)
- FIGURE 58. THERMAX LIMITED: REVENUE SHARE BY REGION, 2023 (%)
- FIGURE 59. SIEMENS AG: NET REVENUE, 2021-2023 ($MILLION)
- FIGURE 60. SIEMENS AG: RESEARCH & DEVELOPMENT EXPENDITURE, 2021-2023 ($MILLION)
- FIGURE 61. SIEMENS AG: REVENUE SHARE BY SEGMENT, 2023 (%)
- FIGURE 62. SIEMENS AG: REVENUE SHARE BY REGION, 2023 (%)
- FIGURE 63. ROBERT BOSCH GMBH: NET SALES, 2021-2023 ($MILLION)
- FIGURE 64. ROBERT BOSCH GMBH: REVENUE SHARE BY REGION, 2023 (%)
- FIGURE 65. ROBERT BOSCH GMBH: REVENUE SHARE BY SEGMENT, 2023 (%)
- FIGURE 66. GENERAL ELECTRIC COMPANY: NET REVENUE, 2021-2023 ($MILLION)
- FIGURE 67. GENERAL ELECTRIC COMPANY: REVENUE SHARE BY SEGMENT, 2023 (%)
- FIGURE 68. GENERAL ELECTRIC COMPANY: REVENUE SHARE BY REGION, 2023 (%)
- FIGURE 69. SCHNEIDER ELECTRIC SE.: NET REVENUE, 2021-2023 ($MILLION)
- FIGURE 70. SCHNEIDER ELECTRIC SE.: REVENUE SHARE BY SEGMENT, 2023 (%)
- FIGURE 71. SCHNEIDER ELECTRIC SE.: REVENUE SHARE BY REGION, 2023 (%)
- FIGURE 72. KAWASAKI HEAVY INDUSTRIES, LTD.: NET REVENUE, 2021-2023 ($MILLION)
- FIGURE 73. KAWASAKI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY SEGMENT, 2023 (%)
- FIGURE 74. KAWASAKI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY REGION, 2023 (%)
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