Waste Heat Power Market

The global Waste Heat to Power market was valued at 2168.76 Million USD in 2021 and will grow with a CAGR of 4.98% from 2021 to 2027.

The prime objective of Waste Heat Power Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Waste Heat Power Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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 processessuch as those occurring at refineries, steel mills, glass furnaces, and cement kilnsall 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. In the last several years, global market of Waste Heat to Power developed stably, with an average growth rate of 6.2%. In 2016, global revenue of Waste Heat to Power is nearly 1767 M USD.

By Market Vendors:

• Siemens
• GE
• ABB
• Amec Foster Wheeler
• Ormat
• MHI
• Exergy
• ElectraTherm
• Drr Cyplan
• GETEC
• CNBM
• DaLian East
• E-Rational

By Types:

• Steam Rankine Cycle
• Organic Rankine Cycles
• Kalina Cycle

By Applications:

• Chemical Industry
• Metal Manufacturing
• Oil and Gas

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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