Industry Background:
Waste heat recovery is the gathering of heat created as an undesired by-product of the operation of a piece of equipment or machinery to fill an anticipated purpose elsewhere. Waste heat recovery methods range from the simple to the complex. A household water drain heat recovery is the common simple example of waste heat recovery. On more complex side, heat recovered from liquid cooling systems in data centers can be used for parts of the facilities where warmer temperatures are expected. Other sources of waste heat that can be recovered for practical uses contain car exhaust, industrial exhaust, thermoelectric generation and turbines. Depending on the application, the heat itself may be the desired product or may be subjected to another process to offer clean electricity.This growth is primarily driven by Introduction of Strict Emission Regulations
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Energy & Resources sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Siemens AG (Germany), General Electric (United States), Mitsubishi Heavy Industries Ltd. (Japan), ABB Ltd. (Switzerland), Alstom SA (France), Foster Wheeler AG (Switzerland), Econotherm Ltd. (United Kingdom), Thermax Ltd. (India), Ormat Technologies Inc. (United States) and China Energy Recovery Inc. (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their key strategies. Key players are exploring new geographies through expansions and acquisitions across the world to avail competitive advantage through combined synergies
Influencing Trend:
Rising Development of Sustainable Energy
Market Growth Drivers:
Introduction of Strict Emission Regulations and Growing Concerns Regarding Greenhouse Gas Emissions
Challenges:
Complexity Associated With Waste Heat Recovery System
Restraints:
Initial Investment Costs is High
Opportunities:
Increasing Government Initiatives to Conserve Energy and Reduce Energy Costs
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Waste Heat Recovery System Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Waste Heat Recovery System Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Waste Heat Recovery System players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Waste Heat Recovery System Study Sheds Light on
The Waste Heat Recovery System Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Waste Heat Recovery System industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Waste Heat Recovery System industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.