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Waste Heat to Power-Global Market Insights and Sales Trends 2024
Synopsis
Waste heat to power (WHP) is the process of capturing heat discarded by an existing industrial process and using that heat to generate power.
Energy intensive industrial processes—such as those occurring at refineries, steel mills, glass furnaces, and cement kilns—all release hot exhaust gases and waste streams that can be harnessed with well-established technologies to generate electricity (see Appendix). The recovery of industrial waste heat for power is a largely untapped type of combined heat and power (CHP), which is the use of a single fuel source to generate both thermal energy (heating or cooling) and electricity.
The global Waste Heat to Power market size is expected to reach US$ 3207.4 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Waste Heat to Power in various end use industries. The expanding demands from the Chemical Industry, Metal Manufacturing, Oil and Gas and Others, are propelling Waste Heat to Power market. Steam Rankine Cycle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Organic Rankine Cycles segment is estimated at % CAGR for the next seven-year period.
Europe is the largest Waste Heat to Power market with about 53% market share. North America is follower, accounting for about 30% market share.
The key players are Siemens, GE, ABB, Amec Foster Wheeler, Ormat, MHI, Exergy, ElectraTherm, Dürr Cyplan, GETEC, CNBM, DaLian East, E-Rational etc. Top 3 companies occupied about 51% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Waste Heat to Power, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Waste Heat to Power market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Waste Heat to Power market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Waste Heat to Power sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Waste Heat to Power covered in this report include Siemens, GE, ABB, Amec Foster Wheeler, Ormat, MHI, Exergy, ElectraTherm and Dürr Cyplan, etc.
The global Waste Heat to Power market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Siemens
GE
ABB
Amec Foster Wheeler
Ormat
MHI
Exergy
ElectraTherm
Dürr Cyplan
GETEC
CNBM
DaLian East
E-Rational
Global Waste Heat to Power market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Waste Heat to Power market, Segment by Type:
Steam Rankine Cycle
Organic Rankine Cycles
Kalina Cycle
Global Waste Heat to Power market, by Application
Chemical Industry
Metal Manufacturing
Oil and Gas
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Waste Heat to Power manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Waste Heat to Power in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Waste heat to power (WHP) is the process of capturing heat discarded by an existing industrial process and using that heat to generate power.
Energy intensive industrial processes—such as those occurring at refineries, steel mills, glass furnaces, and cement kilns—all release hot exhaust gases and waste streams that can be harnessed with well-established technologies to generate electricity (see Appendix). The recovery of industrial waste heat for power is a largely untapped type of combined heat and power (CHP), which is the use of a single fuel source to generate both thermal energy (heating or cooling) and electricity.
The global Waste Heat to Power market size is expected to reach US$ 3207.4 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Waste Heat to Power in various end use industries. The expanding demands from the Chemical Industry, Metal Manufacturing, Oil and Gas and Others, are propelling Waste Heat to Power market. Steam Rankine Cycle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Organic Rankine Cycles segment is estimated at % CAGR for the next seven-year period.
Europe is the largest Waste Heat to Power market with about 53% market share. North America is follower, accounting for about 30% market share.
The key players are Siemens, GE, ABB, Amec Foster Wheeler, Ormat, MHI, Exergy, ElectraTherm, Dürr Cyplan, GETEC, CNBM, DaLian East, E-Rational etc. Top 3 companies occupied about 51% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Waste Heat to Power, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Waste Heat to Power market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Waste Heat to Power market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Waste Heat to Power sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Waste Heat to Power covered in this report include Siemens, GE, ABB, Amec Foster Wheeler, Ormat, MHI, Exergy, ElectraTherm and Dürr Cyplan, etc.
The global Waste Heat to Power market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Siemens
GE
ABB
Amec Foster Wheeler
Ormat
MHI
Exergy
ElectraTherm
Dürr Cyplan
GETEC
CNBM
DaLian East
E-Rational
Global Waste Heat to Power market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Waste Heat to Power market, Segment by Type:
Steam Rankine Cycle
Organic Rankine Cycles
Kalina Cycle
Global Waste Heat to Power market, by Application
Chemical Industry
Metal Manufacturing
Oil and Gas
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Waste Heat to Power manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Waste Heat to Power in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Waste Heat to Power Market Overview
1.1 Waste Heat to Power Product Overview
1.2 Waste Heat to Power Market Segment by Type
1.2.1 Steam Rankine Cycle
1.2.2 Organic Rankine Cycles
1.2.3 Kalina Cycle
1.3 Global Waste Heat to Power Market Size by Type
1.3.1 Global Waste Heat to Power Market Size Overview by Type (2018-2029)
1.3.2 Global Waste Heat to Power Historic Market Size Review by Type (2018-2023)
1.3.3 Global Waste Heat to Power Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Waste Heat to Power Sales Breakdown by Type (2018-2023)
1.4.2 Europe Waste Heat to Power Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Waste Heat to Power Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Waste Heat to Power Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Waste Heat to Power Sales Breakdown by Type (2018-2023)
2 Global Waste Heat to Power Market Competition by Company
2.1 Global Top Players by Waste Heat to Power Sales (2018-2023)
2.2 Global Top Players by Waste Heat to Power Revenue (2018-2023)
2.3 Global Top Players by Waste Heat to Power Price (2018-2023)
2.4 Global Top Manufacturers Waste Heat to Power Manufacturing Base Distribution, Sales Area, Product Type
2.5 Waste Heat to Power Market Competitive Situation and Trends
2.5.1 Waste Heat to Power Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Waste Heat to Power Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Waste Heat to Power as of 2022)
2.7 Date of Key Manufacturers Enter into Waste Heat to Power Market
2.8 Key Manufacturers Waste Heat to Power Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Waste Heat to Power Status and Outlook by Region
3.1 Global Waste Heat to Power Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Waste Heat to Power Historic Market Size by Region
3.2.1 Global Waste Heat to Power Sales in Volume by Region (2018-2023)
3.2.2 Global Waste Heat to Power Sales in Value by Region (2018-2023)
3.2.3 Global Waste Heat to Power Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Waste Heat to Power Forecasted Market Size by Region
3.3.1 Global Waste Heat to Power Sales in Volume by Region (2024-2029)
3.3.2 Global Waste Heat to Power Sales in Value by Region (2024-2029)
3.3.3 Global Waste Heat to Power Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Waste Heat to Power by Application
4.1 Waste Heat to Power Market Segment by Application
4.1.1 Chemical Industry
4.1.2 Metal Manufacturing
4.1.3 Oil and Gas
4.1.4 Others
4.2 Global Waste Heat to Power Market Size by Application
4.2.1 Global Waste Heat to Power Market Size Overview by Application (2018-2029)
4.2.2 Global Waste Heat to Power Historic Market Size Review by Application (2018-2023)
4.2.3 Global Waste Heat to Power Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Waste Heat to Power Sales Breakdown by Application (2018-2023)
4.3.2 Europe Waste Heat to Power Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Waste Heat to Power Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Waste Heat to Power Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Waste Heat to Power Sales Breakdown by Application (2018-2023)
5 North America Waste Heat to Power by Country
5.1 North America Waste Heat to Power Historic Market Size by Country
5.1.1 North America Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Waste Heat to Power Sales in Volume by Country (2018-2023)
5.1.3 North America Waste Heat to Power Sales in Value by Country (2018-2023)
5.2 North America Waste Heat to Power Forecasted Market Size by Country
5.2.1 North America Waste Heat to Power Sales in Volume by Country (2024-2029)
5.2.2 North America Waste Heat to Power Sales in Value by Country (2024-2029)
6 Europe Waste Heat to Power by Country
6.1 Europe Waste Heat to Power Historic Market Size by Country
6.1.1 Europe Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Waste Heat to Power Sales in Volume by Country (2018-2023)
6.1.3 Europe Waste Heat to Power Sales in Value by Country (2018-2023)
6.2 Europe Waste Heat to Power Forecasted Market Size by Country
6.2.1 Europe Waste Heat to Power Sales in Volume by Country (2024-2029)
6.2.2 Europe Waste Heat to Power Sales in Value by Country (2024-2029)
7 Asia-Pacific Waste Heat to Power by Region
7.1 Asia-Pacific Waste Heat to Power Historic Market Size by Region
7.1.1 Asia-Pacific Waste Heat to Power Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Waste Heat to Power Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Waste Heat to Power Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Waste Heat to Power Forecasted Market Size by Region
7.2.1 Asia-Pacific Waste Heat to Power Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Waste Heat to Power Sales in Value by Region (2024-2029)
8 Latin America Waste Heat to Power by Country
8.1 Latin America Waste Heat to Power Historic Market Size by Country
8.1.1 Latin America Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Waste Heat to Power Sales in Volume by Country (2018-2023)
8.1.3 Latin America Waste Heat to Power Sales in Value by Country (2018-2023)
8.2 Latin America Waste Heat to Power Forecasted Market Size by Country
8.2.1 Latin America Waste Heat to Power Sales in Volume by Country (2024-2029)
8.2.2 Latin America Waste Heat to Power Sales in Value by Country (2024-2029)
9 Middle East and Africa Waste Heat to Power by Country
9.1 Middle East and Africa Waste Heat to Power Historic Market Size by Country
9.1.1 Middle East and Africa Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Waste Heat to Power Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Waste Heat to Power Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Waste Heat to Power Forecasted Market Size by Country
9.2.1 Middle East and Africa Waste Heat to Power Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Waste Heat to Power Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Siemens
10.1.1 Siemens Company Information
10.1.2 Siemens Introduction and Business Overview
10.1.3 Siemens Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Siemens Waste Heat to Power Products Offered
10.1.5 Siemens Recent Development
10.2 GE
10.2.1 GE Company Information
10.2.2 GE Introduction and Business Overview
10.2.3 GE Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.2.4 GE Waste Heat to Power Products Offered
10.2.5 GE Recent Development
10.3 ABB
10.3.1 ABB Company Information
10.3.2 ABB Introduction and Business Overview
10.3.3 ABB Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ABB Waste Heat to Power Products Offered
10.3.5 ABB Recent Development
10.4 Amec Foster Wheeler
10.4.1 Amec Foster Wheeler Company Information
10.4.2 Amec Foster Wheeler Introduction and Business Overview
10.4.3 Amec Foster Wheeler Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Amec Foster Wheeler Waste Heat to Power Products Offered
10.4.5 Amec Foster Wheeler Recent Development
10.5 Ormat
10.5.1 Ormat Company Information
10.5.2 Ormat Introduction and Business Overview
10.5.3 Ormat Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ormat Waste Heat to Power Products Offered
10.5.5 Ormat Recent Development
10.6 MHI
10.6.1 MHI Company Information
10.6.2 MHI Introduction and Business Overview
10.6.3 MHI Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.6.4 MHI Waste Heat to Power Products Offered
10.6.5 MHI Recent Development
10.7 Exergy
10.7.1 Exergy Company Information
10.7.2 Exergy Introduction and Business Overview
10.7.3 Exergy Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Exergy Waste Heat to Power Products Offered
10.7.5 Exergy Recent Development
10.8 ElectraTherm
10.8.1 ElectraTherm Company Information
10.8.2 ElectraTherm Introduction and Business Overview
10.8.3 ElectraTherm Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.8.4 ElectraTherm Waste Heat to Power Products Offered
10.8.5 ElectraTherm Recent Development
10.9 Dürr Cyplan
10.9.1 Dürr Cyplan Company Information
10.9.2 Dürr Cyplan Introduction and Business Overview
10.9.3 Dürr Cyplan Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Dürr Cyplan Waste Heat to Power Products Offered
10.9.5 Dürr Cyplan Recent Development
10.10 GETEC
10.10.1 GETEC Company Information
10.10.2 GETEC Introduction and Business Overview
10.10.3 GETEC Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.10.4 GETEC Waste Heat to Power Products Offered
10.10.5 GETEC Recent Development
10.11 CNBM
10.11.1 CNBM Company Information
10.11.2 CNBM Introduction and Business Overview
10.11.3 CNBM Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CNBM Waste Heat to Power Products Offered
10.11.5 CNBM Recent Development
10.12 DaLian East
10.12.1 DaLian East Company Information
10.12.2 DaLian East Introduction and Business Overview
10.12.3 DaLian East Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.12.4 DaLian East Waste Heat to Power Products Offered
10.12.5 DaLian East Recent Development
10.13 E-Rational
10.13.1 E-Rational Company Information
10.13.2 E-Rational Introduction and Business Overview
10.13.3 E-Rational Waste Heat to Power Sales, Revenue and Gross Margin (2018-2023)
10.13.4 E-Rational Waste Heat to Power Products Offered
10.13.5 E-Rational Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Waste Heat to Power Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Waste Heat to Power Industrial Chain Analysis
11.4 Waste Heat to Power Market Dynamics
11.4.1 Waste Heat to Power Industry Trends
11.4.2 Waste Heat to Power Market Drivers
11.4.3 Waste Heat to Power Market Challenges
11.4.4 Waste Heat to Power Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Waste Heat to Power Distributors
12.3 Waste Heat to Power Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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