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Waste Heat Recovery Systems Market Share

Q: What is the size of APAC waste heat recovery systems market?

Asia Pacific market for waste heat recovery systems will cross USD 38 billion by 2032, as the region has set ambitious energy efficiency targets to reduce greenhouse gas emissions and conserve energy resources. Read More

Q: Who are the major players in the global waste heat recovery systems market?

BIHL, Promec Engineering, HRS, Climeon, AURA, IHI Corporation, Cochran, John Wood Group PLC, MITSUBISHI HEAVY INDUSTRIES, LTD., Siemens Energy, Thermax Limited, Rentech Boilers, Bosch Industriekessel GmbH, and Viessman. Read More

Report ID: GMI1235
Published Date: May 2023
Report Format: PDF

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Waste Heat Recovery Systems Market Share

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Prominent industry players operating across waste heat recovery systems market include

BIHL
Promec Engineering
HRS
Climeon
AURA
IHI Corporation
Cochran
John Wood Group PLC
MITSUBISHI HEAVY INDUSTRIES, LTD.
Forbes Marshall
Sofinter S.p.a
Siemens Energy
Thermax Limited
Rentech Boilers
Bosch Industriekessel GmbH
Viessman
General Electric
EXERGY INTERNATIONAL SRL
Ormat
Dürr Group

Strategic collaborations, overseas business expansion and mergers & acquisitions are few of the significant initiatives undertaken by the eminent industry players. Moreover, the companies are also involved in substantial research & development to gain competitive advantage over other participants.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of waste heat recovery systems was valued at over USD 62.6 billion in 2023 and will record more than 7.5% CAGR from 2024 to 2032.

The <650°C WHR systems are in high demand as they are mostly used in medium-sized sectors including pulp & paper, food processing, and chemicals.

Asia Pacific market for waste heat recovery systems will cross USD 38 billion by 2032, as the region has set ambitious energy efficiency targets to reduce greenhouse gas emissions and conserve energy resources.

BIHL, Promec Engineering, HRS, Climeon, AURA, IHI Corporation, Cochran, John Wood Group PLC, MITSUBISHI HEAVY INDUSTRIES, LTD., Siemens Energy, Thermax Limited, Rentech Boilers, Bosch Industriekessel GmbH, and Viessman.