The major global manufacturers of Waste Heat Recovery Device Market include: ABB, BillionGroup, TLV INTERNATIONAL, INC., Sigma Thermal, Econotherm, Siemens, Echogen Power Systems, Thermax, Ormat, MHI, .

The Global “Waste Heat Recovery Device Market” Research Report 2024 offers a comprehensive analysis of the market, including its size, share, trends, growth opportunities, and potential for expansion. The report segments the market by value and volume, focusing on manufacturing, application, type, and geography. It provides a geographic analysis covering regions such as North America, Europe, Asia-Pacific, and the Rest of the World. Additionally, the Waste Heat Recovery Device market within each region is further segmented by major countries, including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Waste Heat Recovery Device Market Analysis and Insights:

Waste heat recovery is the process of “heat integration”, that is, reusing heat energy that would otherwise be disposed of or simply released into the atmosphere. By recovering waste heat, plants can reduce energy costs and CO2 emissions, while simultaneously increasing energy efficiency.
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. 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 Recovery Device market was valued at USD 28030 million in 2023 and is anticipated to reach USD 34150 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
Global Waste Heat Recovery key players include Kawasaki, Sinoma Energy Conservation, Kesen Kenen, Boustead International Heaters, etc. Global top four manufacturers hold a share about 45%.
China is the largest market, with a share about 80%, followed by Europe, and India, both have a share over 10 percent.
In terms of product, Over 7MW is the largest segment, with a share over 60%. And in terms of application, the largest application is Cement, followed by Steel, Chemical, Petroleum Refining, etc.
This report aims to provide a comprehensive presentation of the global market for Waste Heat Recovery Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Waste Heat Recovery Device.

Report Scope

This latest report researches the industry structure, sales, revenue, price and gross margin. Major producers’ production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Waste Heat Recovery Device manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases.

Key Companies Covered

In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable sales, revenue, price, market share and rank data of the manufacturers.

Some of the players in the research report include:

  • ABB
  • BillionGroup
  • TLV INTERNATIONAL, INC.
  • Sigma Thermal
  • Econotherm
  • Siemens
  • Echogen Power Systems
  • Thermax
  • Ormat
  • MHI

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Waste Heat Recovery Device segment by Type:

  • Full Heat Recovery
  • Sensible Heat Recovery

Waste Heat Recovery Device segment by Application:

  • Chemical Industry
  • Metallurgical Industry
  • Building Materials Industry
  • Others

Key Regions & Countries

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the value and sales data of each region and country for the period 2017-2031.

  • North America
  • United States
  • Canada
  • Europe
  • Germany
  • France

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COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Waste Heat Recovery Device market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Waste Heat Recovery Device market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

This report will help stakeholders to understand the global industry status and trends of Waste Heat Recovery Device and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

This report stays updated with novel technology integration, features, and the latest developments in the market

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Waste Heat Recovery Device industry.

This report helps stakeholders to gain insights into which regions to target globally

This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Waste Heat Recovery Device.

This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapters included in this report:

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Waste Heat Recovery Device manufacturers competitive landscape, price, output and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Waste Heat Recovery Device by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Waste Heat Recovery Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 5: Provides the analysis of various market segments according to product type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, revenue, , price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Analysis of sales channel, distributors and customers
  • Chapter 10: 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.

More.

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Detailed TOC of Global Waste Heat Recovery Device Market Research Report

1 Waste Heat Recovery Device Market Overview

1.1 Product Definition

1.2 Waste Heat Recovery Device by Type

1.2.1 Global Waste Heat Recovery Device Market Value Comparison by Type (2024-2030)

1.3 Waste Heat Recovery Device by Application

1.3.1 Global Waste Heat Recovery Device Market Value by Application (2024-2030)

1.4 Global Waste Heat Recovery Device Market Size Estimates and Forecasts

1.4.1 Global Waste Heat Recovery Device Revenue 2019-2030

1.4.2 Global Waste Heat Recovery Device Sales 2019-2030

1.4.3 Global Waste Heat Recovery Device Market Average Price (2019-2030)

1.5 Assumptions and Limitations

2 Waste Heat Recovery Device Market Competition by Manufacturers

2.1 Global Waste Heat Recovery Device Sales Market Share by Manufacturers (2019-2024)

2.2 Global Waste Heat Recovery Device Revenue Market Share by Manufacturers (2019-2024)

2.3 Global Waste Heat Recovery Device Average Price by Manufacturers (2019-2024)

2.4 Global Key Players of Waste Heat Recovery Device, Industry Ranking, 2024 VS 2023 VS 2024

2.5 Global Key Manufacturers of Waste Heat Recovery Device, Manufacturing Sites & Headquarters

2.6 Global Key Manufacturers of Waste Heat Recovery Device, Product Type & Application

2.7 Global Key Manufacturers of Waste Heat Recovery Device, Date of Enter into This Industry

2.8 Global Waste Heat Recovery Device Market Competitive Situation and Trends

2.8.1 Global Waste Heat Recovery Device Market Concentration Rate

2.8.2 The Global 5 and 10 Largest Waste Heat Recovery Device Players Market Share by Revenue

2.8.3 Global Waste Heat Recovery Device Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.9 Manufacturers Mergers & Acquisitions, Expansion Plans

3 Global Waste Heat Recovery Device Market Scenario by Region

3.1 Global Waste Heat Recovery Device Market Size by Region: 2019 Versus 2023 Versus 2030

3.2 Global Waste Heat Recovery Device Sales by Region: 2019-2030

3.2.1 Global Waste Heat Recovery Device Sales by Region: 2019-2024

3.2.2 Global Waste Heat Recovery Device Sales by Region: 2025-2030

3.3 Global Waste Heat Recovery Device Revenue by Region: 2019-2030

3.3.1 Global Waste Heat Recovery Device Revenue by Region: 2019-2024

3.3.2 Global Waste Heat Recovery Device Revenue by Region: 2025-2030

3.4 North America Waste Heat Recovery Device Market Facts & Figures by Country

3.4.1 North America Waste Heat Recovery Device Market Size by Country: 2019 VS 2023 VS 2030

3.4.2 North America Waste Heat Recovery Device Sales by Country (2019-2030)

3.4.3 North America Waste Heat Recovery Device Revenue by Country (2019-2030)

3.4.4 United States

3.4.5 Canada

3.5 Europe Waste Heat Recovery Device Market Facts & Figures by Country

3.5.1 Europe Waste Heat Recovery Device Market Size by Country: 2019 VS 2023 VS 2030

3.5.2 Europe Waste Heat Recovery Device Sales by Country (2019-2030)

3.5.3 Europe Waste Heat Recovery Device Revenue by Country (2019-2030)

3.5.4 Germany

3.5.5 France

3.5.6 U.K.

3.5.7 Italy

3.5.8 Russia

3.6 Asia Pacific Waste Heat Recovery Device Market Facts & Figures by Region

3.6.1 Asia Pacific Waste Heat Recovery Device Market Size by Region: 2019 VS 2023 VS 2030

3.6.2 Asia Pacific Waste Heat Recovery Device Sales by Region (2019-2030)

3.6.3 Asia Pacific Waste Heat Recovery Device Revenue by Region (2019-2030)

3.6.4 China

3.6.5 Japan

3.6.6 South Korea

3.6.7 India

3.6.8 Australia

3.6.9 China Taiwan

3.6.10 Southeast Asia

3.7 Latin America Waste Heat Recovery Device Market Facts & Figures by Country

3.7.1 Latin America Waste Heat Recovery Device Market Size by Country: 2019 VS 2023 VS 2030

3.7.2 Latin America Waste Heat Recovery Device Sales by Country (2019-2030)

3.7.3 Latin America Waste Heat Recovery Device Revenue by Country

3.7.4 Mexico

3.7.5 Brazil

3.7.6 Argentina

3.7.7 Colombia

3.8 Middle East and Africa Waste Heat Recovery Device Market Facts & Figures by Country

3.8.1 Middle East and Africa Waste Heat Recovery Device Market Size by Country: 2019 VS 2023 VS 2030

3.8.2 Middle East and Africa Waste Heat Recovery Device Sales by Country (2019-2030)

3.8.3 Middle East and Africa Waste Heat Recovery Device Revenue by Country

3.8.4 Turkey

3.8.5 Saudi Arabia

3.8.6 UAE

4 Segment by Type

4.1 Global Waste Heat Recovery Device Sales by Type (2019-2030)

4.1.1 Global Waste Heat Recovery Device Sales by Type (2019-2024)

4.1.2 Global Waste Heat Recovery Device Sales by Type (2025-2030)

4.1.3 Global Waste Heat Recovery Device Sales Market Share by Type (2019-2030)

4.2 Global Waste Heat Recovery Device Revenue by Type (2019-2030)

4.2.1 Global Waste Heat Recovery Device Revenue by Type (2019-2024)

4.2.2 Global Waste Heat Recovery Device Revenue by Type (2025-2030)

4.2.3 Global Waste Heat Recovery Device Revenue Market Share by Type (2019-2030)

4.3 Global Waste Heat Recovery Device Price by Type (2019-2030)

5 Segment by Application

5.1 Global Waste Heat Recovery Device Sales by Application (2019-2030)

5.1.1 Global Waste Heat Recovery Device Sales by Application (2019-2024)

5.1.2 Global Waste Heat Recovery Device Sales by Application (2025-2030)

5.1.3 Global Waste Heat Recovery Device Sales Market Share by Application (2019-2030)

5.2 Global Waste Heat Recovery Device Revenue by Application (2019-2030)

5.2.1 Global Waste Heat Recovery Device Revenue by Application (2019-2024)

5.2.2 Global Waste Heat Recovery Device Revenue by Application (2025-2030)

5.2.3 Global Waste Heat Recovery Device Revenue Market Share by Application (2019-2030)

5.3 Global Waste Heat Recovery Device Price by Application (2019-2030)

6 Key Companies Profiled

6.1 Manufacture 1

6.1.1 Manufacture 1 Company Information

6.1.2 Manufacture 1 Description and Business Overview

6.1.3 Manufacture 1 Waste Heat Recovery Device Sales, Revenue and Gross Margin (2019-2024)

6.1.4 Manufacture 1 Waste Heat Recovery Device Product Portfolio

6.1.5 Manufacture 1 Recent Developments/Updates

7 Industry Chain and Sales Channels Analysis

7.1 Waste Heat Recovery Device Industry Chain Analysis

7.2 Waste Heat Recovery Device Key Raw Materials

7.2.1 Key Raw Materials

7.2.2 Raw Materials Key Suppliers

7.3 Waste Heat Recovery Device Production Mode & Process

7.4 Waste Heat Recovery Device Sales and Marketing

7.4.1 Waste Heat Recovery Device Sales Channels

7.4.2 Waste Heat Recovery Device Distributors

7.5 Waste Heat Recovery Device Customers

8 Waste Heat Recovery Device Market Dynamics

8.1 Waste Heat Recovery Device Industry Trends

8.2 Waste Heat Recovery Device Market Drivers

8.3 Waste Heat Recovery Device Market Challenges

8.4 Waste Heat Recovery Device Market Restraints

9 Research Findings and Conclusion

10 Methodology and Data Source

10.1 Methodology/Research Approach

10.1.1 Research Programs/Design

10.1.2 Market Size Estimation

10.1.3 Market Breakdown and Data Triangulation

10.2 Data Source

10.2.1 Secondary Sources

10.2.2 Primary Sources

10.3 Author List

10.4 Disclaimer

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