Abstract, Snapshot, Market Analysis & Market Definition: Waste Heat Recovery System Market
Waste Heat Recovery System is an economic method to increase the overall efficiency of the plant and, thus, to lower fuel demand. The largest sources of waste heat for most industries are exhaust and flue gases and heated air from heating systems such as high-temperature gases from burners in process heating; lower temperature gases from heat treating furnaces, dryers, and heaters; and heat from heat exchangers, cooling liquids, and gases. In the last several years, the growth rate of global waste heat recovery system market is very as high as 8.64%, due to the fast development of cement industry. In 2016, the global Waste Heat Recovery System production may be 334 units, growth 7.05% year-on-year. In the next several years, the development of global waste heat recovery system production may be still fast without extraordinary circumstances. The global Waste Heat Recovery System production is expected to be 454 units in 2021. In the global production market of waste heat recovery system, Europe is the largest supplier with nearly one third of the total production market. Following Europe, Japan occupies production market share of 28.53%. In the consumption market, Asia is the largest consumption market due to the developed real estate industry. Among these Asian countries, China is the largest consumption market, especially the government introducing supportive policies continually. In 2019, the market size of Waste Heat Recovery System is 2335.5 million US$ and it will reach 3242.8 million US$ in 2025, growing at a CAGR of 4.8% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Waste Heat Recovery System. This report studies the global market size of Waste Heat Recovery System, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Waste Heat Recovery System production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Waste Heat Recovery System Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Steam System
Organic Rankine Cycle System
Kalina Cycle System
Other
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Petroleum Refining
Heavy Metal Production
Cement
Chemical
Other
Key Players, Recent Developments & Sector Viewpoints: Waste Heat Recovery System Market
ABB
MHI
Siemens
GE
Kawasaki
Ormat
Foster Wheeler
Bosch
Echogen Power Systems
EST (Wasabi)
Thermax
Key Insights Covered: Exhaustive Waste Heat Recovery System Market
1. Market size (sales, revenue and growth rate) of Waste Heat Recovery System industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Waste Heat Recovery System industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Waste Heat Recovery System industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Waste Heat Recovery System industry.
Research Methodology: Waste Heat Recovery System Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.