Global Waste Heat Recovery System Competitive Landscape Professional Research Report 2025

Research Summary

A waste heat recovery system is a technology designed to capture and utilize the heat generated as a byproduct of industrial processes or other sources of waste heat. These systems extract heat that would otherwise be wasted and convert it into useful energy, such as electricity, steam, hot water, or air conditioning. Waste heat can be recovered from various sources, including exhaust gases from industrial furnaces, engines, and boilers, as well as process water, refrigeration systems, and other equipment. Waste heat recovery systems typically consist of heat exchangers, which transfer heat from the waste heat source to a working fluid, such as water or thermal oil. The working fluid is then used to generate power through turbines, engines, or heat pumps, or to provide heating or cooling for other processes. By recovering and reusing waste heat, these systems help improve energy efficiency, reduce greenhouse gas emissions, and lower energy costs for industrial facilities and other applications.

According to DIResearch's in-depth investigation and research, the global Waste Heat Recovery System market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Waste Heat Recovery System include Sinoma Energy Conservation, Kawasaki, CITIC Heavy Industries, Thermax, Turboden, Kesen Kenen, Boustead International Heaters, Exergy International, Orcan, Enertime, ElectraTherm, Climeon etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Waste Heat Recovery System. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Waste Heat Recovery System market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Waste Heat Recovery System market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Waste Heat Recovery System industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Waste Heat Recovery System Include:

Sinoma Energy Conservation

Kawasaki

CITIC Heavy Industries

Thermax

Turboden

Kesen Kenen

Boustead International Heaters

Exergy International

Orcan

Enertime

ElectraTherm

Climeon

Waste Heat Recovery System Product Segment Include:

Steam Rankine Cycle

Organic Rankine Cycle

Waste Heat Recovery System Product Application Include:

Cement

Steel

Petroleum Refining

Chemical

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Waste Heat Recovery System Industry PESTEL Analysis

Chapter 3: Global Waste Heat Recovery System Industry Porter’s Five Forces Analysis

Chapter 4: Global Waste Heat Recovery System Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Waste Heat Recovery System Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Waste Heat Recovery System Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Waste Heat Recovery System Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Waste Heat Recovery System Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Waste Heat Recovery System Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Waste Heat Recovery System Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Waste Heat Recovery System Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Waste Heat Recovery System Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources