Waste Heat Recovery System Market Size- By Application, By End-User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Waste Heat Recovery System Market Overview According to SPER Market Research, the Global Waste Heat Recovery System Market is estimated to reach USD 167.27 billion by 2032 with a CAGR of 9.04%. The Waste Heat Recovery System (WHRS) market refers to the collection and utilization of industrial heat that is otherwise lost as a byproduct of various processes. This heat energy can be captured and transformed into useful energy, such as electricity or steam, providing a cost-effective and environmentally friendly solution for energy generation.
Impact of COVID-19 on the Global Waste Heat Recovery System Market
The COVID-19 pandemic has had an impact on the waste heat recovery system market, similar to other industries. The pandemic has caused widespread economic disruption, reducing demand for waste heat recovery systems as investment and spending on industrial projects decreased. The pandemic has also disrupted supply chains, causing difficulties for waste heat recovery system providers in terms of securing raw materials and maintaining production levels.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Application, By End-User
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered General Electric, ABB, Boustead International Heaters, Forbes Marshall, Terrapin, Climeon, Bosch Industriekessel GmbH, AURA GmbH & Co., Exergy S.p.A.
Global Waste Heat Recovery System Market Segmentation:
By Application: Based on the Application, Global Waste Heat Recovery System Market is segmented as; Pre Heating, Steam & Electricity Generation, Others.
By End-User: Based on End-User, Global Waste Heat Recovery System Market is segmented as; Petroleum Refinery, Power, Cement, Chemical, Metal Production, Pulp & Paper, Others.
By Region: This report also provide the data for key regional segments across the globe: Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Waste Heat Recovery System Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global Waste Heat Recovery System Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Waste Heat Recovery System Market
- 7. Global Waste Heat Recovery System Market, By Application, 2019-2032 (USD Million)
- 7.1 Pre Heating
- 7.2 Steam & Electricity Generation
- 7.3 Others
- 8. Global Waste Heat Recovery System Market, By End-User, 2019-2032 (USD Million)
- 8.1 Petroleum Refinery
- 8.2 Power
- 8.3 Cement
- 8.4 Chemical
- 8.5 Metal Production
- 8.6 Pulp & Paper
- 8.7 Others
- 9. Global Waste Heat Recovery System Market, By Region, 2019-2032 (USD Million)
- 9.1 Global Waste Heat Recovery System Market Size and Market Share by Region (2019-2025)
- 9.2 Global Waste Heat Recovery System Market Size and Market Share by Region (2026-2032)
- 9.3 Asia-Pacific
- 9.3.1 Australia
- 9.3.2 China
- 9.3.3 India
- 9.3.4 Japan
- 9.3.5 South Korea
- 9.3.6 Rest of Asia-Pacific
- 9.4 Europe
- 9.4.1 France
- 9.4.2 Germany
- 9.4.3 Italy
- 9.4.4 Spain
- 9.4.5 United Kingdom
- 9.4.6 Rest of Europe
- 9.5 Middle East and Africa
- 9.5.1 Kingdom of Saudi Arabia
- 9.5.2 United Arab Emirates
- 9.5.3 Rest of Middle East & Africa
- 9.6 North America
- 9.6.1 Canada
- 9.6.2 Mexico
- 9.6.3 United States
- 9.7 Latin America
- 9.7.1 Argentina
- 9.7.2 Brazil
- 9.7.3 Rest of Latin America
- 10. Company Profiles
- 10.1 ABB
- 10.1.1 Company details
- 10.1.2 Financial outlook
- 10.1.3 Product summary
- 10.1.4 Recent developments
- 10.2 AURA GmbH & Co.
- 10.2.1 Company details
- 10.2.2 Financial outlook
- 10.2.3 Product summary
- 10.2.4 Recent developments
- 10.3 Bosch Industriekessel GmbH
- 10.3.1 Company details
- 10.3.2 Financial outlook
- 10.3.3 Product summary
- 10.3.4 Recent developments
- 10.4 Boustead International Heaters
- 10.4.1 Company details
- 10.4.2 Financial outlook
- 10.4.3 Product summary
- 10.4.4 Recent developments
- 10.5 Climeon
- 10.5.1 Company details
- 10.5.2 Financial outlook
- 10.5.3 Product summary
- 10.5.4 Recent developments
- 10.6 Exergy S.p.A
- 10.6.1 Company details
- 10.6.2 Financial outlook
- 10.6.3 Product summary
- 10.6.4 Recent developments
- 10.7 Forbes Marshall
- 10.7.1 Company details
- 10.7.2 Financial outlook
- 10.7.3 Product summary
- 10.7.4 Recent developments
- 10.8 General Electric
- 10.8.1 Company details
- 10.8.2 Financial outlook
- 10.8.3 Product summary
- 10.8.4 Recent developments
- 10.9 Terrapin
- 10.9.1 Company details
- 10.9.2 Financial outlook
- 10.9.3 Product summary
- 10.9.4 Recent developments
- 10.10 Siemens AG
- 10.10.1 Company details
- 10.10.2 Financial outlook
- 10.10.3 Product summary
- 10.10.4 Recent developments
- 11. List of Abbreviations
- 12. Reference Links
- 13. Conclusion
- 14. Research Scope
Research Assistance
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