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Global Waste Heat to Power Market Research Report 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 was valued at US$ 2285.6 million in 2023 and is anticipated to reach US$ 3207.4 million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Waste Heat to Power, 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 to Power.
Report Scope
The Waste Heat to Power market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Waste Heat to Power market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Waste Heat to Power manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Siemens
GE
ABB
Amec Foster Wheeler
Ormat
MHI
Exergy
ElectraTherm
Dürr Cyplan
GETEC
CNBM
DaLian East
E-Rational
Segment by Type
Steam Rankine Cycle
Organic Rankine Cycles
Kalina Cycle
Segment by Application
Chemical Industry
Metal Manufacturing
Oil and Gas
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 to Power manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Waste Heat to Power 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 to Power 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 production of each country in the world.
Chapter 5: Provides the analysis of various market segments by 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 by 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, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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 was valued at US$ 2285.6 million in 2023 and is anticipated to reach US$ 3207.4 million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Waste Heat to Power, 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 to Power.
Report Scope
The Waste Heat to Power market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Waste Heat to Power market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Waste Heat to Power manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Siemens
GE
ABB
Amec Foster Wheeler
Ormat
MHI
Exergy
ElectraTherm
Dürr Cyplan
GETEC
CNBM
DaLian East
E-Rational
Segment by Type
Steam Rankine Cycle
Organic Rankine Cycles
Kalina Cycle
Segment by Application
Chemical Industry
Metal Manufacturing
Oil and Gas
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 to Power manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Waste Heat to Power 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 to Power 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 production of each country in the world.
Chapter 5: Provides the analysis of various market segments by 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 by 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, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Waste Heat to Power Market Overview
1.1 Product Definition
1.2 Waste Heat to Power Segment by Type
1.2.1 Global Waste Heat to Power Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Steam Rankine Cycle
1.2.3 Organic Rankine Cycles
1.2.4 Kalina Cycle
1.3 Waste Heat to Power Segment by Application
1.3.1 Global Waste Heat to Power Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Chemical Industry
1.3.3 Metal Manufacturing
1.3.4 Oil and Gas
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Waste Heat to Power Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Waste Heat to Power Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Waste Heat to Power Production Estimates and Forecasts (2019-2030)
1.4.4 Global Waste Heat to Power Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Waste Heat to Power Production Market Share by Manufacturers (2019-2024)
2.2 Global Waste Heat to Power Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Waste Heat to Power, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Waste Heat to Power Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Waste Heat to Power Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Waste Heat to Power, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Waste Heat to Power, Product Offered and Application
2.8 Global Key Manufacturers of Waste Heat to Power, Date of Enter into This Industry
2.9 Waste Heat to Power Market Competitive Situation and Trends
2.9.1 Waste Heat to Power Market Concentration Rate
2.9.2 Global 5 and 10 Largest Waste Heat to Power Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Waste Heat to Power Production by Region
3.1 Global Waste Heat to Power Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Waste Heat to Power Production Value by Region (2019-2030)
3.2.1 Global Waste Heat to Power Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Waste Heat to Power by Region (2025-2030)
3.3 Global Waste Heat to Power Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Waste Heat to Power Production by Region (2019-2030)
3.4.1 Global Waste Heat to Power Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Waste Heat to Power by Region (2025-2030)
3.5 Global Waste Heat to Power Market Price Analysis by Region (2019-2024)
3.6 Global Waste Heat to Power Production and Value, Year-over-Year Growth
3.6.1 North America Waste Heat to Power Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Waste Heat to Power Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Waste Heat to Power Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Waste Heat to Power Production Value Estimates and Forecasts (2019-2030)
4 Waste Heat to Power Consumption by Region
4.1 Global Waste Heat to Power Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Waste Heat to Power Consumption by Region (2019-2030)
4.2.1 Global Waste Heat to Power Consumption by Region (2019-2024)
4.2.2 Global Waste Heat to Power Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Waste Heat to Power Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Waste Heat to Power Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Waste Heat to Power Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Waste Heat to Power Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Waste Heat to Power Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Waste Heat to Power Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Waste Heat to Power Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Waste Heat to Power Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Waste Heat to Power Production by Type (2019-2030)
5.1.1 Global Waste Heat to Power Production by Type (2019-2024)
5.1.2 Global Waste Heat to Power Production by Type (2025-2030)
5.1.3 Global Waste Heat to Power Production Market Share by Type (2019-2030)
5.2 Global Waste Heat to Power Production Value by Type (2019-2030)
5.2.1 Global Waste Heat to Power Production Value by Type (2019-2024)
5.2.2 Global Waste Heat to Power Production Value by Type (2025-2030)
5.2.3 Global Waste Heat to Power Production Value Market Share by Type (2019-2030)
5.3 Global Waste Heat to Power Price by Type (2019-2030)
6 Segment by Application
6.1 Global Waste Heat to Power Production by Application (2019-2030)
6.1.1 Global Waste Heat to Power Production by Application (2019-2024)
6.1.2 Global Waste Heat to Power Production by Application (2025-2030)
6.1.3 Global Waste Heat to Power Production Market Share by Application (2019-2030)
6.2 Global Waste Heat to Power Production Value by Application (2019-2030)
6.2.1 Global Waste Heat to Power Production Value by Application (2019-2024)
6.2.2 Global Waste Heat to Power Production Value by Application (2025-2030)
6.2.3 Global Waste Heat to Power Production Value Market Share by Application (2019-2030)
6.3 Global Waste Heat to Power Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Siemens
7.1.1 Siemens Waste Heat to Power Corporation Information
7.1.2 Siemens Waste Heat to Power Product Portfolio
7.1.3 Siemens Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Siemens Main Business and Markets Served
7.1.5 Siemens Recent Developments/Updates
7.2 GE
7.2.1 GE Waste Heat to Power Corporation Information
7.2.2 GE Waste Heat to Power Product Portfolio
7.2.3 GE Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 ABB
7.3.1 ABB Waste Heat to Power Corporation Information
7.3.2 ABB Waste Heat to Power Product Portfolio
7.3.3 ABB Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ABB Main Business and Markets Served
7.3.5 ABB Recent Developments/Updates
7.4 Amec Foster Wheeler
7.4.1 Amec Foster Wheeler Waste Heat to Power Corporation Information
7.4.2 Amec Foster Wheeler Waste Heat to Power Product Portfolio
7.4.3 Amec Foster Wheeler Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Amec Foster Wheeler Main Business and Markets Served
7.4.5 Amec Foster Wheeler Recent Developments/Updates
7.5 Ormat
7.5.1 Ormat Waste Heat to Power Corporation Information
7.5.2 Ormat Waste Heat to Power Product Portfolio
7.5.3 Ormat Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Ormat Main Business and Markets Served
7.5.5 Ormat Recent Developments/Updates
7.6 MHI
7.6.1 MHI Waste Heat to Power Corporation Information
7.6.2 MHI Waste Heat to Power Product Portfolio
7.6.3 MHI Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.6.4 MHI Main Business and Markets Served
7.6.5 MHI Recent Developments/Updates
7.7 Exergy
7.7.1 Exergy Waste Heat to Power Corporation Information
7.7.2 Exergy Waste Heat to Power Product Portfolio
7.7.3 Exergy Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Exergy Main Business and Markets Served
7.7.5 Exergy Recent Developments/Updates
7.8 ElectraTherm
7.8.1 ElectraTherm Waste Heat to Power Corporation Information
7.8.2 ElectraTherm Waste Heat to Power Product Portfolio
7.8.3 ElectraTherm Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.8.4 ElectraTherm Main Business and Markets Served
7.7.5 ElectraTherm Recent Developments/Updates
7.9 Dürr Cyplan
7.9.1 Dürr Cyplan Waste Heat to Power Corporation Information
7.9.2 Dürr Cyplan Waste Heat to Power Product Portfolio
7.9.3 Dürr Cyplan Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Dürr Cyplan Main Business and Markets Served
7.9.5 Dürr Cyplan Recent Developments/Updates
7.10 GETEC
7.10.1 GETEC Waste Heat to Power Corporation Information
7.10.2 GETEC Waste Heat to Power Product Portfolio
7.10.3 GETEC Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.10.4 GETEC Main Business and Markets Served
7.10.5 GETEC Recent Developments/Updates
7.11 CNBM
7.11.1 CNBM Waste Heat to Power Corporation Information
7.11.2 CNBM Waste Heat to Power Product Portfolio
7.11.3 CNBM Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.11.4 CNBM Main Business and Markets Served
7.11.5 CNBM Recent Developments/Updates
7.12 DaLian East
7.12.1 DaLian East Waste Heat to Power Corporation Information
7.12.2 DaLian East Waste Heat to Power Product Portfolio
7.12.3 DaLian East Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.12.4 DaLian East Main Business and Markets Served
7.12.5 DaLian East Recent Developments/Updates
7.13 E-Rational
7.13.1 E-Rational Waste Heat to Power Corporation Information
7.13.2 E-Rational Waste Heat to Power Product Portfolio
7.13.3 E-Rational Waste Heat to Power Production, Value, Price and Gross Margin (2019-2024)
7.13.4 E-Rational Main Business and Markets Served
7.13.5 E-Rational Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Waste Heat to Power Industry Chain Analysis
8.2 Waste Heat to Power Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Waste Heat to Power Production Mode & Process
8.4 Waste Heat to Power Sales and Marketing
8.4.1 Waste Heat to Power Sales Channels
8.4.2 Waste Heat to Power Distributors
8.5 Waste Heat to Power Customers
9 Waste Heat to Power Market Dynamics
9.1 Waste Heat to Power Industry Trends
9.2 Waste Heat to Power Market Drivers
9.3 Waste Heat to Power Market Challenges
9.4 Waste Heat to Power Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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