Pune, India -- (SBWIRE) -- 02/28/2019 -- The global waste heat recovery system market is expected to grow with 7.5% CAGR for the forecast period of 2018 to 2025. The waste heat recovery system market is expected to reach US$ 78Bn by 2026.

Rising adoption of waste heat recovery system in preheating application is expected to be one of the key factor boosting the adoption of these systems across different industry verticals. The increasing initiatives towards environmental protection by controlling the factors such as greenhouse gas emission, industrial energy emission, and others are positively impacting the demand for waste heat recovery system.

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The rapid shift of population towards urbanization and strong government support for improving industrialization is increasing demand for such energy efficient devices and impacting the revenue generation to next level and hence driving the market growth. The governments of developed and developing countries are now keeping development and environment in the same plate to achieve sustainable growth for better future. This is leading to increase in demand for renewable energy sources and maintaining energy efficiency at the industrial level and this factor is ultimately boosting adoption of waste heat recovery system.

Reduction in industrial Operational Cost

Waste heat recovery system is known for its power generation by processing the wastage of energy at the manufacturing or processing areas. The usage of waste heat recovery system at industrial location is helping them to reduce their operational cost and control the emission levels. The generation of steam by utilizing the waste heat sources is important for different end-use industries which is achieved through the usage of these system.

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The global waste heat recovery system market is segmented into application, temperature, end-use and region. On the basis applications, the global waste heat recovery system market is segmented into pre-heating, electricity & steam generation {SRC, ORC, Kalina}, and others. On the basis temperature, the global waste heat recovery system market is segmented into <230 0C, 230-650 0C, >650 0C. On the basis end-use, the global waste heat recovery system market is segmented into petroleum refining, cement, heavy metal manufacturing, chemical, pulp & paper, food & beverage, glass, other manufacturing). On the basis of region the global waste heat recovery system market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.

Surging demand for energy efficient solutions due to escalating cost of energy resources is driving the market growth at global level

On the account of rapid industrialization and rising awareness about achieving a sustainable growth with energy efficient methods, the APAC region is expected to register noticeable CAGR growth rate as compared to other region. Also, entrance of international production industries in this region are accelerating the adoption of advanced systems such as waste heat recovery systems for energy emission control in this region.

Europe was the key region concerning the demand for waste heat recovery systems and consumption and accounted a maximum market share in 2018. The high industrialization index in this region across countries including U.K., Germany, Russia, and others and the presence of significant disposable income is one of the key parameter responsible for high adoption of waste heat recovery systems in this region. Moreover, the developed region including Europe and America are significantly managed by various associations and their controls for secured production in industries. The manufacturers are facing needs to deliver an industry compliant waste heat recovery systems to control the wastage and improve the outcome. Europe is one of the potential customer for waste heat recovery systems by virtue of its industrial revolution.

The market is estimated to witness significant growth due to increasing research and development activities in waste heat recovery systems by leading manufacturers of these systems. The manufacturers are focusing on delivering an industry specific products to propel their revenue generation and achieve sustainable growth in the increasing market competition. Some of the leading players operating in waste heat recovery system market includes Thermax, General Electric, Climeon AB, Promec Engineering, HRS, Cochran, IHI, Mitsubishi Hitachi Power Systems, AMEC Foster Wheeler, Durr Group, Viessman, Siemens, Forbes Marshall, Bosch Thermotechnology, Rentech Boiler Systems, AC Boilers, Ormat Technologies, Walchandnagar, Exergy SPA, and Aura GmbH.

Table Of Contents:

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Waste Heat Recovery System
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Waste Heat Recovery System Market By Application
1.2.2.1. Global Waste Heat Recovery System Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.2.2. Global Waste Heat Recovery System Market Revenue Share By Application in 2017
1.2.2.3. Pre-Heating
1.2.2.4. Electricity & Steam Generation {SRC, ORC, Kalina}
1.2.2.5. Others
1.2.3. Waste Heat Recovery System Market By Temperature
1.2.3.1. Global Waste Heat Recovery System Market Revenue and Growth Rate Comparison By Temperature (2015-2026)
1.2.3.2. <230 0C
1.2.3.3. 230-650 0C
1.2.3.4. >650 0C
1.2.3.5. Others
1.2.4. Waste Heat Recovery System Market By End Use
1.2.4.1. Global Waste Heat Recovery System Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.4.2. Petroleum Refining
1.2.4.3. Cement
1.2.4.4. Heavy Metal Manufacturing
1.2.4.5. Chemical
1.2.4.6. Pulp & Paper
1.2.4.7. Food & Beverage
1.2.4.8. Glass
1.2.4.9. Other Manufacturing
1.2.5. Waste Heat Recovery System Market by Geography
1.2.5.1. Global Waste Heat Recovery System Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Waste Heat Recovery System Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Waste Heat Recovery System Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Waste Heat Recovery System Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Waste Heat Recovery System Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Waste Heat Recovery System Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Waste Heat Recovery System Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Waste Heat Recovery System Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Waste Heat Recovery System Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Waste Heat Recovery System Major Manufacturers in 2017

CHAPTER 4. WASTE HEAT RECOVERY SYSTEM MARKET BY APPLICATION

4.1. Global Waste Heat Recovery System Revenue By Application
4.2. Pre-Heating
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Electricity & Steam Generation {SRC, ORC, Kalina}
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Other
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. WASTE HEAT RECOVERY SYSTEM MARKET BY TEMPERATURE

5.1. Global Waste Heat Recovery System Revenue By Temperature
5.2. <230 0C
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. 230-650 0C
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. >650 0C
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. WASTE HEAT RECOVERY SYSTEM MARKET BY END USE

6.1. Global Waste Heat Recovery System Revenue By End Use
6.2. Petroleum Refining
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Cement
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Heavy Metal Manufacturing
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Chemical
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Pulp & Paper
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.7. Food & Beverage
6.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.8. Glass
6.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.9. Other Manufacturing
6.9.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.9.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA WASTE HEAT RECOVERY SYSTEM MARKET BY COUNTRY

7.1. North America Waste Heat Recovery System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Waste Heat Recovery System Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Waste Heat Recovery System Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
7.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE WASTE HEAT RECOVERY SYSTEM MARKET BY COUNTRY

8.1. Europe Waste Heat Recovery System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Waste Heat Recovery System Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC WASTE HEAT RECOVERY SYSTEM MARKET BY COUNTRY

9.1. Asia-Pacific Waste Heat Recovery System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Waste Heat Recovery System Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA WASTE HEAT RECOVERY SYSTEM MARKET BY COUNTRY

10.1. Latin America Waste Heat Recovery System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Waste Heat Recovery System Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST WASTE HEAT RECOVERY SYSTEM MARKET BY COUNTRY

11.1. Middle East Waste Heat Recovery System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East Waste Heat Recovery System Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 12. AFRICA WASTE HEAT RECOVERY SYSTEM MARKET BY COUNTRY

12.1. Africa Waste Heat Recovery System Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Africa Waste Heat Recovery System Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Temperature, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 13. COMPANY PROFILE

13.1. Thermax
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. General Electric
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Climeon AB
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Promec Engineering
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. HRS
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Cochran
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. IHI
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Mitsubishi Hitachi Power Systems
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. AMEC Foster Wheeler
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. Durr Group
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Viessman
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Siemens
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Forbes Marshall
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Type Portfolio
13.13.5. Key Developments
13.13.6. Strategies
13.14. Bosch Thermotechnology
13.14.1. Company Snapshot
13.14.2. Overview
13.14.3. Financial Overview
13.14.4. Type Portfolio
13.14.5. Key Developments
13.14.6. Strategies
13.15. Rentech Boiler Systems
13.15.1. Company Snapshot
13.15.2. Overview
13.15.3. Financial Overview
13.15.4. Type Portfolio
13.15.5. Key Developments
13.15.6. Strategies
13.16. AC Boilers
13.16.1. Company Snapshot
13.16.2. Overview
13.16.3. Financial Overview
13.16.4. Type Portfolio
13.16.5. Key Developments
13.16.6. Strategies
13.17. Ormat Technologies
13.17.1. Company Snapshot
13.17.2. Overview
13.17.3. Financial Overview
13.17.4. Type Portfolio
13.17.5. Key Developments
13.17.6. Strategies
13.18. Walchandnagar
13.18.1. Company Snapshot
13.18.2. Overview
13.18.3. Financial Overview
13.18.4. Type Portfolio
13.18.5. Key Developments
13.18.6. Strategies
13.19. Exergy SPA
13.19.1. Company Snapshot
13.19.2. Overview
13.19.3. Financial Overview
13.19.4. Type Portfolio
13.19.5. Key Developments
13.19.6. Strategies
13.20. Aura GmbH.
13.20.1. Company Snapshot
13.20.2. Overview
13.20.3. Financial Overview
13.20.4. Type Portfolio
13.20.5. Key Developments
13.20.6. Strategies
13.21. Others
13.21.1. Company Snapshot
13.21.2. Overview
13.21.3. Financial Overview
13.21.4. Type Portfolio
13.21.5. Key Developments
13.21.6. Strategies

CHAPTER 14. RESEARCH APPROACH

14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope

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