A recent report indicates that the Global Waste Heat Recovery System Market is set to rise at a sustained growth rate of 8% to USD 80 Bn in the period 2019-2025, over the last period, 2014-2019. The report also presents the global market share (sales and revenue) of key Waste Heat Recovery System businesses. The report consists of 11 chapters.
A Waste Heat Recovery System is basically a unit usually consisting of a heat exchanger that transfers waste (or exhaust) heat from process outputs at high temperature to another part of the process for some purpose, usually increasing efficiency. This heat can be collected from various sources, like flue gases from a diesel generator, vehicle engine, steam from cooling towers etc. This waste energy so collected, can be used to preheat the incoming gas (or fuel).
The report also presents a detailed analysis of the market competition among major manufacturers/vendors, in Chapter 8. The major manufacturers/vendors mentioned in the report are
ABB
MHI
Siemens
GE
Kawasaki
Ormat
Foster Wheeler
Bosch
Echogen Power Systems
EST (Wasabi)
Thermax
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Segmental Analysis
The report observes the Global Waste Heat Recovery System market segments based on three aspects; product type, application, and region.
Segments on the basis of product type include
Steam System
Organic Rankine Cycle System
Kalina Cycle System
Other
– Breakdown data of the above two segments for 2014-2019 is in Chapter 3, while the forecast to 2025 is in Section 10.3.
Segments on the basis of application include
Petroleum Refining
Heavy Metal Production
Cement
Chemical
Other
– Breakdown data of the above two segments for 2014-2019 is in Chapter 4, while the forecast to 2025 is in Section 10.4.
Regional Analysis
Regions, in the report, have been divided into North America, Latin America, Europe, Asia Pacific (APAC) and the Middle East & Africa, in the following manner:
North America- U.S. and Canada
Latin America- Mexico and Brazil
Europe- Germany, France, U.K., Italy, Russia, and Spain
APAC- China, Japan, Korea, Southeast Asia, India and Australia
The Middle East and Africa- Egypt, South Africa, Israel, Turkey and GCC countries.
Breakdown data of the above regions are detailed in Chapters 1,3,4,5,6,7 and 10.
Almost every region sees notable growth in the sector.
The leading players are focusing on technological advancements to improve product quality. The long term development for this market can be attained by continuing the ongoing process improvements and financial stability to invest in the best industrial practices.
The report takes into account various factors, qualitative and quantitative, and reaches on projections based on extensive research of past trends, market behavior, industry performance, technological potential and uses different methodological techniques like SWOT Analysis to arrive at an entirely new set of trade based study on the Waste Heat Recovery System market.
Research Objectives
- To gauge the past global trends in the Waste Heat Recovery System Market, and forecast the future progression of the industry, using effective and modern analytical tools.
- To provide detailed segmental analysis of the market based on product type, application and regions.
- To access the key players in the industry, and study their market contribution, future strategies such as expansion, new launches, acquisitions, etc.
- To study key factors like opportunities, drivers, risks, and economy, market potential etc., influencing the growth of the sector.
……Continued
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