1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 30
1.2.1 INCLUSIONS AND EXCLUSIONS 31
TABLE 1 END-USE INDUSTRIES CONSIDERED IN REPORT 31
1.3 STUDY SCOPE 31
FIGURE 1 WASTE HEAT RECOVERY SYSTEM MARKET SEGMENTATION 31
1.3.1 REGIONS COVERED 32
1.4 YEARS CONSIDERED 32
1.5 CURRENCY CONSIDERED 33
1.6 LIMITATIONS 33
1.7 STAKEHOLDERS 33
1.8 SUMMARY OF CHANGES 33
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH DATA 34
FIGURE 2 WASTE HEAT RECOVERY SYSTEM MARKET: RESEARCH DESIGN 34
2.1.1 SECONDARY DATA 34
2.1.1.1 Key data from secondary sources 35
2.1.2 PRIMARY DATA 35
2.1.2.1 Key data from primary sources 36
2.1.2.2 Key industry insights 36
2.1.2.3 Breakdown of primary interviews 37
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS 37
2.2 MARKET SIZE ESTIMATION 37
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 38
FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 38
2.3 DATA TRIANGULATION 39
FIGURE 6 WASTE HEAT RECOVERY SYSTEM MARKET: DATA TRIANGULATION 39
2.4 RESEARCH ASSUMPTIONS 40
2.5 RESEARCH LIMITATIONS 40
2.6 GROWTH RATE ASSUMPTIONS 40
2.7 RECESSION IMPACT 41
3 EXECUTIVE SUMMARY 42
FIGURE 7 STEAM & ELECTRICITY GENERATION APPLICATION DOMINATED WASTE HEAT RECOVERY SYSTEM MARKET IN 2021 42
FIGURE 8 PETROLEUM REFINING WAS LARGEST END-USE INDUSTRY OF WASTE HEAT RECOVERY SYSTEMS IN 2021 43
FIGURE 9 EUROPE WAS LARGEST WASTE HEAT RECOVERY SYSTEM MARKET IN 2021 44
4 PREMIUM INSIGHTS 45
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN WASTE HEAT RECOVERY SYSTEM MARKET 45
FIGURE 10 INCREASING DEMAND FROM END-USE INDUSTRIES TO DRIVE MARKET 45
4.2 EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET, BY COUNTRY AND APPLICATION, 2021 45
FIGURE 11 GERMANY AND STEAM & ELECTRICITY GENERATION SEGMENT ACCOUNTED FOR LARGEST SHARES 45
4.3 WASTE HEAT RECOVERY SYSTEM MARKET, BY END-USE INDUSTRY 46
FIGURE 12 PETROLEUM REFINING SEGMENT TO REGISTER FASTEST GROWTH BETWEEN 2022 AND 2027 46
4.4 WASTE HEAT RECOVERY SYSTEM MARKET, BY APPLICATION 46
FIGURE 13 PREHEATING TO REGISTER HIGHEST CAGR BETWEEN 2022 AND 2027 46
4.5 WASTE HEAT RECOVERY SYSTEM MARKET, BY KEY COUNTRIES 47
FIGURE 14 CHINA TO BE FASTEST-GROWING MARKET 47
5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 MARKET DYNAMICS 48
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN WASTE HEAT RECOVERY SYSTEM MARKET 49
5.2.1 DRIVERS 49
5.2.1.1 Increasing need for energy-efficient systems 49
5.2.1.2 Growing environmental concerns 50
5.2.2 RESTRAINTS 50
5.2.2.1 High capital investment 50
5.2.3 OPPORTUNITIES 50
5.2.3.1 Increasing demand for waste heat recovery systems in preheating segment 50
5.2.3.2 Rise in government incentives and emerging waste heat recovery system technologies 51
5.2.4 CHALLENGES 51
5.2.4.1 Issues associated with waste heat recovery systems 51
6 INDUSTRY TRENDS 52
6.1 PORTER’S FIVE FORCES ANALYSIS 52
FIGURE 16 PORTER’S FIVE FORCES ANALYSIS OF WASTE HEAT RECOVERY SYSTEM MARKET 52
TABLE 2 IMPACT OF PORTER’S FIVE FORCES ON WASTE HEAT RECOVERY SYSTEM MARKET 53
6.1.1 THREAT OF NEW ENTRANTS 53
6.1.2 THREAT OF SUBSTITUTES 53
6.1.3 BARGAINING POWER OF SUPPLIERS 53
6.1.4 BARGAINING POWER OF BUYERS 54
6.1.5 INTENSITY OF COMPETITIVE RIVALRY 54
6.2 SUPPLY CHAIN ANALYSIS 54
6.3 TRADE ANALYSIS 55
TABLE 3 BOILER, STEAM, OR OTHER VAPOR GENERATING (OTHER THAN CENTRAL HEATING HOT WATER BOILERS, ALSO CAPABLE OF PRODUCING LOW PRESSURE STEAM) SUPERHEATED WATER BOILER (8402) IMPORTS, BY COUNTRY, 2021 55
TABLE 4 BOILER, STEAM, OR OTHER VAPOR GENERATING (OTHER THAN CENTRAL HEATING HOT WATER BOILERS, ALSO CAPABLE OF PRODUCING LOW PRESSURE STEAM) SUPERHEATED WATER BOILER (8402) EXPORTS, BY COUNTRY 2021 56
TABLE 5 HEAT EXCHANGE UNIT (NOT USED FOR DOMESTIC PURPOSES) (841950) IMPORTS, BY COUNTRY, 2021 56
TABLE 6 HEAT EXCHANGE UNIT (NOT USED FOR DOMESTIC PURPOSES) (841950) EXPORTS, BY COUNTRY, 2021 57
TABLE 7 TURBINE, STEAM, AND OTHER VAPOR TURBINE (8406) IMPORTS, BY COUNTRY, 2021 58
TABLE 8 TURBINE, STEAM, AND OTHER VAPOR TURBINE (8406) EXPORTS, BY COUNTRY, 2021 58
6.4 TECHNOLOGY ANALYSIS 59
6.5 REGULATORY LANDSCAPE 60
TABLE 9 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 60
6.6 CASE STUDIES 61
TABLE 10 MULTI-STAGE HEAT RECOVERY SYSTEMS FOR ENHANCED SAVINGS 61
TABLE 11 WASTE HEAT RECOVERY IN SINTER PLANTS FOR ENERGY EFFICIENCY 61
6.7 TRENDS/DISRUPTIONS IMPACTING BUYERS/CUSTOMERS 61
FIGURE 17 SHIFT FROM TRADITIONAL RAW MATERIALS TO SUSTAINABLE ONES 62
6.8 KEY CONFERENCES AND EVENTS, 2022–2023 62
TABLE 12 WASTE HEAT RECOVERY SYSTEM MARKET: KEY CONFERENCES AND EVENTS, 2022–2023 62
6.9 PRICING ANALYSIS 63
6.9.1 CHANGES IN PRICING IN 2021 63
6.10 ECOSYSTEM MAP 64
FIGURE 18 ECOSYSTEM MAP 64
6.11 PATENT ANALYSIS 64
6.11.1 INTRODUCTION 64
6.11.2 METHODOLOGY 64
6.11.3 DOCUMENT TYPE 65
FIGURE 19 DOCUMENT TYPE, 2018–2022 65
FIGURE 20 PUBLICATION TRENDS, 2018–2022 65
6.11.4 INSIGHTS 65
FIGURE 21 JURISDICTION ANALYSIS, 2018–2022 66
6.11.5 TOP APPLICANTS 66
FIGURE 22 TOP APPLICANTS, BY NUMBER OF PATENTS, 2018–2022 66
TABLE 13 LIST OF PATENTS 67
7 WASTE HEAT RECOVERY SYSTEM MARKET, BY APPLICATION 68
7.1 INTRODUCTION 69
FIGURE 23 WASTE HEAT RECOVERY SYSTEM MARKET, BY APPLICATION 69
TABLE 14 WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITIES AT LOW TEMPERATURES (<230°C/446°F) 70
TABLE 15 WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITIES AT MEDIUM TEMPERATURES (230°C–650°C/446-1,202°F) 70
TABLE 16 WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITIES AT HIGH TEMPERATURES (>650°C/1,202°F) 71
FIGURE 24 STEAM & ELECTRICITY GENERATION TO BE LARGEST APPLICATION SEGMENT 72
TABLE 17 WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 72
TABLE 18 WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 72
7.2 PREHEATING 73
TABLE 19 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PREHEATING APPLICATION, BY REGION, 2017–2020 (USD MILLION) 73
TABLE 20 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PREHEATING APPLICATION, BY REGION, 2021–2027 (USD MILLION) 73
7.3 STEAM & ELECTRICITY GENERATION 74
7.3.1 STEAM GENERATION 74
7.3.2 ELECTRICITY GENERATION 74
7.3.2.1 Steam Rankine cycle 74
7.3.2.2 Organic Rankine cycle (ORC) 75
7.3.2.3 Kalina cycle 75
TABLE 21 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN STEAM & ELECTRICITY GENERATION APPLICATION, BY REGION, 2017–2020 (USD MILLION) 75
TABLE 22 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN STEAM & ELECTRICITY GENERATION APPLICATION, BY REGION, 2021–2027 (USD MILLION) 75
7.4 OTHERS 76
TABLE 23 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION) 76
TABLE 24 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2021–2027 (USD MILLION) 76
8 WASTE HEAT RECOVERY SYSTEM MARKET, BY END-USE INDUSTRY 77
8.1 INTRODUCTION 78
FIGURE 25 PETROLEUM REFINING END-USE INDUSTRY TO LEAD MARKET BETWEEN 2022 AND 2027 78
TABLE 25 WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 78
TABLE 26 WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 79
8.2 PETROLEUM REFINING 79
TABLE 27 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PETROLEUM REFINING END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION) 79
TABLE 28 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PETROLEUM REFINING END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION) 80
8.3 METAL PRODUCTION 80
TABLE 29 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN METAL PRODUCTION END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION) 80
TABLE 30 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN METAL PRODUCTION END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION) 81
8.4 CEMENT 81
TABLE 31 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN CEMENT END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION) 81
TABLE 32 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN CEMENT END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION) 82
8.5 CHEMICALS 82
TABLE 33 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN CHEMICALS END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION) 83
TABLE 34 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN CHEMICALS END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION) 83
8.6 PULP & PAPER 83
TABLE 35 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PULP & PAPER END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION) 84
TABLE 36 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PULP & PAPER END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION) 84
8.7 OTHERS 84
TABLE 37 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2020 (USD MILLION) 84
TABLE 38 WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2027 (USD MILLION) 85
9 REGIONAL ANALYSIS 86
9.1 INTRODUCTION 87
FIGURE 26 CHINA TO BE FASTEST-GROWING MARKET 87
TABLE 39 WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 88
TABLE 40 WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY REGION, 2021–2027 (USD MILLION) 88
9.2 NORTH AMERICA 88
9.2.1 NORTH AMERICA: RECESSION IMPACT 89
TABLE 41 NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 89
TABLE 42 NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION) 89
TABLE 43 NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 90
TABLE 44 NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 90
TABLE 45 NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 90
TABLE 46 NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 91
9.2.2 US 91
9.2.2.1 Largest producer and user of energy in world 91
TABLE 47 US: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 92
TABLE 48 US: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 92
TABLE 49 US: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 92
TABLE 50 US: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 93
9.2.3 CANADA 93
9.2.3.1 Market characterized by strict emission laws 93
TABLE 51 CANADA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 93
TABLE 52 CANADA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 94
TABLE 53 CANADA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 94
TABLE 54 CANADA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 94
9.2.4 MEXICO 95
9.2.4.1 Fastest-growing market in region 95
TABLE 55 MEXICO: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 95
TABLE 56 MEXICO: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 95
TABLE 57 MEXICO: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 96
TABLE 58 MEXICO: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 96
9.3 EUROPE 96
9.3.1 EUROPE: RECESSION IMPACT 97
FIGURE 27 EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SNAPSHOT 98
TABLE 59 EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 99
TABLE 60 EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION) 99
TABLE 61 EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 100
TABLE 62 EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 100
TABLE 63 EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 100
TABLE 64 EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 101
9.3.2 GERMANY 101
9.3.2.1 Major exporter of machinery, vehicles, and chemicals 101
TABLE 65 GERMANY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 101
TABLE 66 GERMANY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 102
TABLE 67 GERMANY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 102
TABLE 68 GERMANY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 102
9.3.3 ITALY 103
9.3.3.1 Third-largest manufacturer of chemicals in Europe 103
TABLE 69 ITALY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 103
TABLE 70 ITALY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 103
TABLE 71 ITALY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 104
TABLE 72 ITALY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 104
9.3.4 FRANCE 104
9.3.4.1 Focused on sustainability and energy efficiency to address environmental concerns 104
TABLE 73 FRANCE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 105
TABLE 74 FRANCE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 105
TABLE 75 FRANCE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 105
TABLE 76 FRANCE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 106
9.3.5 UK 106
9.3.5.1 Promising market for waste heat recovery systems 106
TABLE 77 UK: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 106
TABLE 78 UK: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 106
TABLE 79 UK: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 107
TABLE 80 UK: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 107
9.3.6 BELGIUM 107
9.3.6.1 EPC program to encourage installation of waste heat recovery systems 107
TABLE 81 BELGIUM: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 108
TABLE 82 BELGIUM: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 108
TABLE 83 BELGIUM: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 108
TABLE 84 BELGIUM: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 109
9.3.7 SWEDEN 109
9.3.7.1 Committed to undertaking energy-saving initiatives 109
TABLE 85 SWEDEN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 109
TABLE 86 SWEDEN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 110
TABLE 87 SWEDEN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 110
TABLE 88 SWEDEN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 110
9.3.8 RUSSIA 111
9.3.8.1 Focused on energy conservation 111
TABLE 89 RUSSIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 111
TABLE 90 RUSSIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 111
TABLE 91 RUSSIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 112
TABLE 92 RUSSIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 112
9.3.9 POLAND 112
9.3.9.1 Aimed at reducing greenhouse gas emissions 112
TABLE 93 POLAND: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 113
TABLE 94 POLAND: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 113
TABLE 95 POLAND: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 113
TABLE 96 POLAND: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 114
9.3.10 SPAIN 114
9.3.10.1 Focused on transitioning to low-carbon economy 114
TABLE 97 SPAIN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 114
TABLE 98 SPAIN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 115
TABLE 99 SPAIN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 115
TABLE 100 SPAIN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 115
9.3.11 REST OF EUROPE 116
TABLE 101 REST OF EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 116
TABLE 102 REST OF EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 116
TABLE 103 REST OF EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 117
TABLE 104 REST OF EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 117
9.4 ASIA PACIFIC 117
9.4.1 ASIA PACIFIC: RECESSION IMPACT 118
FIGURE 28 ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SNAPSHOT 119
TABLE 105 ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 119
TABLE 106 ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION) 120
TABLE 107 ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 120
TABLE 108 ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 120
TABLE 109 ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 121
TABLE 110 ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 121
9.4.2 CHINA 121
9.4.2.1 Largest market in Asia Pacific 121
TABLE 111 CHINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 122
TABLE 112 CHINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 122
TABLE 113 CHINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 122
TABLE 114 CHINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 123
9.4.3 INDIA 123
9.4.3.1 Promising market for waste heat recovery system technology 123
TABLE 115 INDIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 123
TABLE 116 INDIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 124
TABLE 117 INDIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 124
TABLE 118 INDIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 124
9.4.4 JAPAN 125
9.4.4.1 Energy Conservation Act mandates major firms to employ energy-saving measures 125
TABLE 119 JAPAN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 125
TABLE 120 JAPAN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 125
TABLE 121 JAPAN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 126
TABLE 122 JAPAN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 126
9.4.5 SOUTH KOREA 126
9.4.5.1 Renewable Energy 3020 to boost use of renewable energy sources 126
TABLE 123 SOUTH KOREA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 127
TABLE 124 SOUTH KOREA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 127
TABLE 125 SOUTH KOREA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 127
TABLE 126 SOUTH KOREA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 128
9.4.6 INDONESIA 128
9.4.6.1 Renewable Portfolio Standard mandates electricity retailers to source power from renewable sources 128
TABLE 127 INDONESIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 129
TABLE 128 INDONESIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 129
TABLE 129 INDONESIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 129
TABLE 130 INDONESIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 130
9.4.7 REST OF ASIA PACIFIC 130
TABLE 131 REST OF ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 130
TABLE 132 REST OF ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 131
TABLE 133 REST OF ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 131
TABLE 134 REST OF ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 131
9.5 MIDDLE EAST & AFRICA 132
9.5.1 MIDDLE EAST & AFRICA: RECESSION IMPACT 132
TABLE 135 MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 132
TABLE 136 MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION) 132
TABLE 137 MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 133
TABLE 138 MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 133
TABLE 139 MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 133
TABLE 140 MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 134
9.5.2 KINGDOM OF SAUDI ARABIA (KSA) 134
9.5.2.1 Energy Efficiency and Renewable Energy Initiative to promote use of energy-efficient technologies 134
TABLE 141 KINGDOM OF SAUDI ARABIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 135
TABLE 142 KINGDOM OF SAUDI ARABIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 135
TABLE 143 KINGDOM OF SAUDI ARABIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 135
TABLE 144 KINGDOM OF SAUDI ARABIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 136
9.5.3 SOUTH AFRICA 136
9.5.3.1 Various government initiatives to support development of clean energy technologies 136
TABLE 145 SOUTH AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 136
TABLE 146 SOUTH AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 137
TABLE 147 SOUTH AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 137
TABLE 148 SOUTH AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 137
9.5.4 UAE 138
9.5.4.1 Dynamic market with significant growth potential 138
TABLE 149 UAE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 138
TABLE 150 UAE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 138
TABLE 151 UAE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 139
TABLE 152 UAE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 139
9.5.5 REST OF MIDDLE EAST & AFRICA 139
TABLE 153 REST OF MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 140
TABLE 154 REST OF MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 140
TABLE 155 REST OF MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 140
TABLE 156 REST OF MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 141
9.6 SOUTH AMERICA 141
9.6.1 SOUTH AMERICA: RECESSION IMPACT 141
TABLE 157 SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION) 142
TABLE 158 SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION) 142
TABLE 159 SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 142
TABLE 160 SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 143
TABLE 161 SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 143
TABLE 162 SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 143
9.6.2 BRAZIL 144
9.6.2.1 Market in early stage of development 144
TABLE 163 BRAZIL: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 144
TABLE 164 BRAZIL: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 144
TABLE 165 BRAZIL: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 145
TABLE 166 BRAZIL: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 145
9.6.3 ARGENTINA 145
9.6.3.1 Major producer of oil and natural gas in region 145
TABLE 167 ARGENTINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 146
TABLE 168 ARGENTINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 146
TABLE 169 ARGENTINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 146
TABLE 170 ARGENTINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 147
9.6.4 REST OF SOUTH AMERICA 147
TABLE 171 REST OF SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 147
TABLE 172 REST OF SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION) 147
TABLE 173 REST OF SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 148
TABLE 174 REST OF SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION) 148
10 COMPETITIVE LANDSCAPE 149
10.1 INTRODUCTION 149
10.2 STRATEGIES ADOPTED BY KEY PLAYERS 149
TABLE 175 OVERVIEW OF STRATEGIES ADOPTED BY WASTE HEAT RECOVERY SYSTEM MANUFACTURERS 149
10.2.1 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2021 150
TABLE 176 WASTE HEAT RECOVERY SYSTEM MARKET: SHARE OF KEY PLAYERS 151
FIGURE 29 WASTE HEAT RECOVERY SYSTEM: MARKET SHARE ANALYSIS 151
10.3 STRATEGIES ADOPTED BY KEY PLAYERS 152
TABLE 177 WASTE HEAT RECOVERY SYSTEM MARKET: STRATEGIC POSITIONING OF KEY PLAYERS 152
10.4 COMPANY EVALUATION QUADRANT 153
10.4.1 STARS 153
10.4.2 PERVASIVE PLAYERS 153
10.4.3 EMERGING LEADERS 153
10.4.4 PARTICIPANTS 153
FIGURE 30 WASTE HEAT RECOVERY SYSTEM MARKET: COMPANY EVALUATION QUADRANT, 2021 154
10.5 START-UP/SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION QUADRANT 155
10.5.1 RESPONSIVE COMPANIES 155
10.5.2 DYNAMIC COMPANIES 155
10.5.3 STARTING BLOCKS 155
10.5.4 PROGRESSIVE COMPANIES 155
FIGURE 31 START-UP AND SMALL AND MEDIUM-SIZED ENTERPRISE (SMES) EVALUATION MATRIX, 2021 156
10.6 REVENUE ANALYSIS OF TOP PLAYERS 156
10.7 COMPETITIVE BENCHMARKING 157
TABLE 178 WASTE HEAT RECOVERY SYSTEM MARKET: DETAILED LIST OF KEY PLAYERS 157
TABLE 179 WASTE HEAT RECOVERY SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS 158
10.8 COMPETITIVE SITUATION AND TRENDS 159
10.8.1 DEALS 159
TABLE 180 WASTE HEAT RECOVERY SYSTEM MARKET: DEALS, 2019–2022 159
10.8.2 OTHER DEVELOPMENTS 161
TABLE 181 WASTE HEAT RECOVERY SYSTEM MARKET: OTHER DEVELOPMENTS, 2019–2022 161
11 COMPANY PROFILES 167
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
11.1 KEY PLAYERS 167
11.1.1 ABB LTD. 167
TABLE 182 ABB LTD.: COMPANY OVERVIEW 167
FIGURE 32 ABB LTD.: COMPANY SNAPSHOT 168
TABLE 183 ABB LTD.: DEALS 169
TABLE 184 ABB LTD.: OTHERS 170
11.1.2 WOOD (JOHN WOOD GROUP PLC) 172
TABLE 185 WOOD (JOHN WOOD GROUP PLC): COMPANY OVERVIEW 172
FIGURE 33 WOOD (JOHN WOOD GROUP PLC): COMPANY SNAPSHOT 172
TABLE 186 WOOD (JOHN WOOD GROUP PLC): DEALS 173
TABLE 187 WOOD (JOHN WOOD GROUP PLC): OTHERS 174
11.1.3 ORMAT TECHNOLOGIES INC. 175
TABLE 188 ORMAT TECHNOLOGIES INC: COMPANY OVERVIEW 175
FIGURE 34 ORMAT TECHNOLOGIES INC.: COMPANY SNAPSHOT 176
TABLE 189 ORMAT TECHNOLOGIES INC.: DEALS 177
TABLE 190 ORMAT TECHNOLOGIES INC.: OTHERS 177
11.1.4 GENERAL ELECTRIC CO. 180
TABLE 191 GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW 180
FIGURE 35 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 181
TABLE 192 GENERAL ELECTRIC COMPANY: DEALS 182
TABLE 193 GENERAL ELECTRIC COMPANY: OTHERS 182
11.1.5 MITSUBISHI HEAVY INDUSTRIES, LTD. 184
TABLE 194 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW 184
FIGURE 36 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 185
TABLE 195 MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS 186
TABLE 196 MITSUBISHI HEAVY INDUSTRIES, LTD.: OTHERS 187
11.1.6 SIEMENS AG 189
TABLE 197 SIEMENS AG: COMPANY OVERVIEW 189
FIGURE 37 SIEMENS AG: COMPANY SNAPSHOT 190
TABLE 198 SIEMENS AG: DEALS 191
11.1.7 THERMAX LIMITED 193
TABLE 199 THERMAX LIMITED: COMPANY OVERVIEW 193
FIGURE 38 THERMAX LIMITED: COMPANY SNAPSHOT 194
TABLE 200 THERMAX LIMITED: DEALS 195
TABLE 201 THERMAX LIMITED: OTHERS 196
11.1.8 ECHOGEN POWER SYSTEMS, LLC 198
TABLE 202 ECHOGEN POWER SYSTEMS, LLC: COMPANY OVERVIEW 198
TABLE 203 ECHOGEN POWER SYSTEMS, LLC: DEALS 199
TABLE 204 ECHOGEN POWER SYSTEMS, LLC: OTHERS 199
11.1.9 ECONOTHERM LTD. 201
TABLE 205 ECONOTHERM LTD.: COMPANY OVERVIEW 201
TABLE 206 ECONOTHERM LTD.: DEALS 202
TABLE 207 ECONOTHERM LTD.: OTHERS 202
11.1.10 COOL ENERGY, INC. 204
TABLE 208 COOL ENERGY, INC.: COMPANY OVERVIEW 204
11.2 OTHER PLAYERS 206
11.2.1 TRANSPARENT ENERGY SYSTEMS PVT. LTD. 206
11.2.2 JP STEEL PLANTECH CO. (STEEL PLANTECH) 207
11.2.3 TMEIC 207
11.2.4 CLYDE BERGEMANN POWER GROUP 208
11.2.5 KILBURN ENGINEERING LIMITED 209
11.2.6 SIGMA THERMAL 210
11.2.7 PENTA ENGINEERING CORPORATION 211
11.2.8 UNIDYNE 212
11.2.9 THERMAL SYSTEMS (HYDERABAD) PVT. LTD. 212
11.2.10 ESTEEM POWER EQUIPMENT INDIA PVT. LTD. 213
11.2.11 HRS PROCESS SYSTEMS LIMITED (HRS PSL) 214
11.2.12 CENTPRO 215
11.2.13 E.L.I., INC. 215
11.2.14 OXFORD NANOSYSTEMS 216
11.2.15 BOWMAN POWER GROUP LTD. 216
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12 APPENDIX 217
12.1 DISCUSSION GUIDE 217
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 219
12.3 CUSTOMIZATION OPTIONS 221
12.4 RELATED REPORTS 221
12.5 AUTHOR DETAILS 222
世界の廃熱回収システム市場（～2027年）：用途別（予熱、蒸気＆発電）、産業別（石油精製、金属生産、セメント、化学、パルプ＆製紙）、地域別 |
| 【英語タイトル】Waste Heat Recovery System Market by Application (Preheating and Steam & Electricity Generation), End-Use Industry (Petroleum Refining, Metal Production, Cement, Chemicals, Pulp & Paper), and Region - Global Forecast to 2027 | |
 | ・商品コード：CH2382-23 ・発行会社（調査会社）：MarketsandMarkets ・発行日：2023年1月 ・ページ数：215 ・レポート言語：英語 ・レポート形式：PDF ・納品方法：Eメール（受注後24時間以内） ・調査対象地域：グローバル ・産業分野：化学 |
| Single User（1名様閲覧） | USD4,950 ⇒換算￥752,400 | 見積依頼/購入/質問フォーム |
| Multi User (Five User) | USD6,650 ⇒換算￥1,010,800 | 見積依頼/購入/質問フォーム |
| Corporate License (全社内共有可) | USD8,150 ⇒換算￥1,238,800 | 見積依頼/購入/質問フォーム |
|
※販売価格オプションの説明 ※お支払金額：換算金額（日本円）＋消費税 ※納期：即日〜2営業日（3日以上かかる場合は別途表記又はご連絡） ※お支払方法：納品日＋5日以内に請求書を発行・送付（請求書発行日より2ヶ月以内に銀行振込、振込先：三菱UFJ銀行/H&Iグローバルリサーチ株式会社、支払期限と方法は調整可能） |
| MarketsandMarkets社は、世界の廃熱回収システム市場規模が2022年725億ドルから2027年1,021億ドルに達し、予測期間中に年平均7.1％で成長すると予測しています。本調査レポートでは、廃熱回収システムの世界市場を調査・分析し、イントロダクション、調査手法、エグゼクティブサマリー、プレミアムインサイト、市場概要、産業動向、用途別（予熱、蒸気＆発電）分析、産業別（石油精製、金属生産、セメント、化学、その他）分析、地域別（北米、ヨーロッパ、アジア太平洋、中東・アフリカ、南米）分析、競争状況、企業情報などの項目を掲載しています。なお、当書に掲載されている企業情報には、ABB Ltd. (Switzerland)、Wood (John Wood Group Plc) (UK)、Ormat Technologies Inc. (U.S.)、General Electric Co. (US)、Mitsubishi Heavy Industries Ltd. (Japan)、Echogen Power Systems Inc. (US)、Econotherm Ltd. (UK)、Thermax Limited (India)、Siemens AG (Germany)などが含まれています。 ・イントロダクション ・調査手法 ・エグゼクティブサマリー ・プレミアムインサイト ・市場概要 ・産業動向 ・世界の廃熱回収システム市場規模：用途別 - 予熱用廃熱回収システムの市場規模 - 蒸気＆発電用廃熱回収システムの市場規模 ・世界の廃熱回収システム市場規模：産業別 - 石油精製における市場規模 - 金属生産における市場規模 - セメントにおける市場規模 - 化学における市場規模 - その他産業における市場規模 ・世界の廃熱回収システム市場規模：地域別 - 北米の廃熱回収システム市場規模 - ヨーロッパの廃熱回収システム市場規模 - アジア太平洋の廃熱回収システム市場規模 - 中東・アフリカの廃熱回収システム市場規模 - 南米の廃熱回収システム市場規模 ・競争状況 ・企業情報 |
“廃熱回収システムの世界市場規模は、2022年の725億米ドルから2027年には1,021億米ドルまで成長し、予測期間中の年平均成長率（CAGR）は7.1％ と見込まれる”
廃熱回収システムとは、プロセスのエネルギー効率を高め、廃熱に伴う環境への影響を低減するために企業が導入する技術、ベストプラクティス、プロセスのことです。廃熱回収システムの主な利点には、電力削減、燃料削減、メンテナンス削減、排出削減などがあります。
“最先端の廃熱回収システム技術の開発は、廃熱回収産業の経済性と環境性の両方を高めることを目指す”
政府は、廃熱回収システムなどのクリーンで効率的なエネルギー技術の利用を促進するため、さまざまな取り組みや法律を打ち出しています。EUは、ベストプラクティスを推進し、インセンティブを提供することで、加盟国に廃熱回収ソリューションの導入を奨励しています。各国は、廃熱の回収と利用を直接的または間接的に支援しています。デンマークでは、廃熱回収システムを支援するために、熱計画規制、税制、補助金、熱価格規制、電気暖房の禁止、地域冷房法が制定されています。イタリアでは、イタリアエネルギー管理局（ARERA）が、2011年から廃熱回収をEEN 9-11の白色証明書プログラムに含めており、5年間のアドバンテージを得ることができます。
“用途別では、2021年に57.4%の高い市場シェアを記録すると予想される蒸気・発電”
廃熱回収システムは蒸気や電気を発生させるために様々な分野で使用されています。廃熱回収システムを導入して蒸気や電気を発生させることで、企業はエネルギー支出を大幅に削減できます。エネルギー需要の増加やエネルギー効率の高い操業の重視が、金属製造、化学、石油精製、セメントなどの分野における蒸気・発電用途の廃熱回収システム市場を牽引しています。
“蒸気は回収された廃熱を利用する一般的な方法で、ボイラーの燃焼の結果として、または工業プラントの副産物として生成”
廃熱源からの蒸気発生は様々な最終用途産業にとって極めて重要であるため、廃熱回収システムの重要な用途となっています。蒸気発生の利点のひとつは、その大きな熱容量と適応性です。しかし、ボイラーや配給システムが非効率的であれば、蒸気発生にコストがかかる可能性があります。排熱蒸気を工業用に利用すれば、必要な燃料の量を大幅に減らすことができます。排ガスの熱を利用して熱を発生させることもできますが、熱量、温度範囲、作業時間などが適切であればの話です。
“さまざまなソースからリサイクルされた廃熱は、発電機の動力源となる機械エネルギーを生成するために使用” 発電のためのパワーサイクルには、蒸気ランキンサイクル、ORCサイクル、カリーナサイクルなどがありますが、現在では熱から直接電気を作ることができる熱電発電や圧電発電などの新技術が研究されています。廃熱回収から発電する場合、さまざまな温度における発電の熱力学的制約を理解することが不可欠です。廃熱源の温度は発電効率を示します。廃熱を利用した発電は中温から高温の廃熱源に限られますが、代替パワーサイクルの開発により、低温での発電の実行可能性が高まる可能性があります。これらのシステムは、廃熱から大量のエネルギーを回収することに関しては費用対効果が高いのですが、この温度では効率が低下します。
”廃熱回収システム市場で最大の成長地域と予測されるヨーロッパ地域”
金額ベースでは、欧州市場は2022年から2027年にかけて年平均成長率4.9%で成長し、2027年には348億米ドルに達すると予測されています。2021年の欧州廃熱回収システム市場規模はドイツが最大です。ドイツの市場は、金額ベースで2022年から2027年にかけて年平均成長率4.5%で成長すると予測されています。
予測期間中、ヨーロッパが世界の廃熱回収システム市場を支配すると予想されます。ドイツ、ロシア、フランス、イギリス、その他のヨーロッパ諸国では持続可能な実践が拡大しているため、この地域は廃熱回収システムの最大の消費者であり推進者でもあります。より優れた技術によって環境を保護したいという願望が、この地域の廃熱回収システム市場を牽引すると予想されます。
いくつかのセグメントとサブセグメントの市場規模を決定・検証するために広範な一次インタビューを実施し、二次リサーチを通じて情報を収集しました。
一次インタビューの内訳は以下の通りです：
企業タイプ別 Tier1：50% Tier2：40% Tier3：10％
役職別 管理職：30％ Cレベルエグゼクティブ：50 50% その他：20％
地域別 北米：10% ヨーロッパ：20% APAC： 50% 中東・アフリカ：10% 南米：10％
注 その他には、セールス、マーケティング、プロダクトマネージャーを含みます。
この市場調査レポートで紹介する企業は、ABB Ltd. (Switzerland), Wood (John Wood Group Plc) (UK), Ormat Technologies Inc. (U.S.), General Electric Co. (US), Mitsubishi Heavy Industries Ltd. (Japan), Echogen Power Systems Inc. (US), Econotherm Ltd. (UK), Thermax Limited (India), Siemens AG (Germany), Cool Energy Inc. (Colorado) などが含まれます。
調査範囲
この調査レポートは、廃熱回収システム市場を用途と地域別に分類しています。廃熱回収システム市場の成長に影響を与える主な要因（促進要因、阻害要因、課題、機会など）に関する詳細情報を掲載しています。主要な業界プレイヤーを詳細に分析し、事業概要、製品・サービス、主要戦略、事業拡大、新製品開発、市場に関連する最近の動向に関する洞察を提供しています。
レポート購入の理由
本レポートは、本市場における市場リーダー/新規参入者にとって以下の点で役立ちます：
1. 廃熱回収システム市場を包括的にセグメント化し、市場全体と産業・地域別のサブセグメントの市場規模を最も近似値で提供します。
2. 市場の動向を把握し、主要な市場促進要因、阻害要因、課題、機会に関する情報を提供します。
3. 本レポートは、利害関係者が主要な競合他社を理解し、ビジネスにおける地位を高めるための洞察を得るのに役立ちます。競争環境のセクションには、事業拡大、新製品開発、合弁事業などが含まれます。
❖ レポートの目次 ❖
| ★調査レポート[世界の廃熱回収システム市場（～2027年）：用途別（予熱、蒸気＆発電）、産業別（石油精製、金属生産、セメント、化学、パルプ＆製紙）、地域別] (コード：CH2382-23)販売に関する免責事項を必ずご確認ください。 |
| ★調査レポート[世界の廃熱回収システム市場（～2027年）：用途別（予熱、蒸気＆発電）、産業別（石油精製、金属生産、セメント、化学、パルプ＆製紙）、地域別]についてメールでお問い合わせ |
