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Waste Heat to Power Global Market Opportunities and Strategies to 2033

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    Report

  • 311 Pages
  • June 2024
  • Region: Global
  • The Business Research Company
  • ID: 5731734
This report describes and explains the waste heat to power market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global waste heat to power (WHP) market reached a value of nearly $15.5 billion in 2023, having grown at a compound annual growth rate (CAGR) of 4.88% since 2018. The market is expected to grow from $15.5 billion in 2023 to $25.2 billion in 2028 at a rate of 10.07%. The market is then expected to grow at a CAGR of 11.27% from 2028 and reach $42.8 billion in 2033.

Growth in the historic period resulted from rising energy costs, increase in demand for clean energy and strong economic growth in emerging markets. Factors that negatively affected growth in the historic period were competition from other renewable energy sources.

Going forward, increasing urbanization, government initiatives promoting energy efficiency and waste heat utilization, rise in demand for electricity and increase in industrial sector growth will drive the growth. Factor that could hinder the growth of the waste heat to power market in the future include high initial capital investment and lack of grid infrastructure.

The waste heat to power market is segmented by product into steam rankine cycle, organic rankine cycle and kalina cycle. The steam rankine cycle market was the largest segment of the waste heat to power market segmented by product, accounting for 66.6% or $10.4 billion of the total in 2023. Going forward, the organic rankine cycle segment is expected to be the fastest growing segment in the waste heat to power market segmented by product, at a CAGR of 10.97% during 2023-2028.

The waste heat to power market is segmented by application into preheating, steam and electricity generation, and other applications. The steam and electricity generation market was the largest segment of the waste heat to power market segmented by application, accounting for 74.3% or $11.5 billion of the total in 2023. Going forward, the other applications segment is expected to be the fastest growing segment in the waste heat to power market segmented by application, at a CAGR of 10.28% during 2023-2028.

The waste heat to power market is segmented by end-users into petroleum refining and oil and gas extraction, cement industry, heavy metal production, chemical industry, pulp and paper, food and beverage, glass industry and other end users. The petroleum refining and oil and gas extraction market was the largest segment of the waste heat to power market segmented by end-users, accounting for 26% or $4 billion of the total in 2023. Going forward, the cement industry segment is expected to be the fastest growing segment in waste heat to power market segmented by end-users, at a CAGR of 12.21% during 2023-2028.

North America was the largest region in the waste heat to power market, accounting for 34% or $5.3 billion of the total in 2023. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the waste heat to power market will be Asia Pacific and North America where growth will be at CAGRs of 11.02% and 10.32% respectively. These will be followed by Western Europe and South America where the markets are expected to grow at CAGRs of 10.02% and 8.31% respectively.

The global WHP market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up 16.37% of the total market in 2022. Siemens AG was the largest competitor with a 5.76% share of the market, followed by General Electric Company with 3.98%, Mitsubishi Heavy Industries Ltd. with 2.77%, Kawasaki Heavy Industries Ltd. with 1.60%, ABB Ltd. with 1.14%, IHI Corporation with 0.79%, Forbes Marshall private Ltd. with 0.10%, Ormat Technologies Inc. with 0.09%, Fuji Electric Co. Ltd. with 0.08% and Trimble Inc. with 0.05%.

The top opportunities in the waste heat to power market segmented by product will arise in the steam rankine cycle segment, which will gain $6.1 billion of global annual sales by 2028. The top opportunities in the waste heat to power market segmented by application will arise in the steam and electricity generation segment, which will gain $7.3 billion of global annual sales by 2028. The top opportunities in the waste heat to power market segmented by end-users will arise in the petroleum refining and oil and gas extraction segment, which will gain $2.7 billion of global annual sales by 2028. The waste heat to power market size will gain the most in the USA at $2.9 billion.

Market-trend-based strategies for the waste heat to power market include Innovative products and technologies to improve energy efficiency across the shipping industry, advancements in organic rankine cycle (ORC) systems that convert waste heat into clean electricity, strategic partnerships and collaborations among market players, adoption of combined heat and power (CHP) systems for energy generation, launch of waste heat to power capture pilot projects, emergence of new graphene coatings that convert waste heat into electrical energy.

Player-adopted strategies in the waste heat to power market include focus on developing new product solutions through new product launches, strengthening its business capabilities through new product solutions, contributing to decarbonization in the maritime industry through new product launches and strengthening its business operation through strategic partnerships.

To take advantage of the opportunities, the analyst recommends the waste heat to power (WHP) companies to focus on advancing energy efficiency in shipping industry, focus on enhancing organic rankine cycle (ORC) system efficiency, focus on combined heat and power (CHP) solutions for market expansion, focus on steam and organic rankine cycle segments for market expansion, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, focus on steam and electricity generation segment and focus on cement and chemical industries.

Table of Contents

1 Executive Summary
1.1 Waste Heat to Power - Market Attractiveness and Macro Economic Landscape
2 Table of Contents3 List of Tables4 List of Figures5 Report Structure
6 Market Characteristics
6.1 General Market Definition
6.2 Summary
6.3 Waste Heat to Power Market Definition and Segmentations
6.4 Market Segmentation by Product
6.4.1 Steam Rankine Cycle
6.4.2 Organic Rankine Cycle
6.4.3 Kalina Cycle
6.5 Market Segmentation by Application
6.5.1 Preheating
6.5.2 Steam and Electricity Generation
6.5.3 Other Applications
6.6 Market Segmentation by End-Users
6.6.1 Petroleum Refining and Oil and Gas Extraction
6.6.2 Cement Industry
6.6.3 Industrial Metal Production
6.6.4 Chemical Industry
6.6.5 Pulp and Paper
6.6.6 Food and Beverage
6.6.7 Glass Industry
6.6.8 Other End Users
7 Major Market Trends
7.1 Innovative Products and Technologies to Improve Energy Efficiency Across the Shipping Industry
7.2 Advancements in Organic Rankine Cycle (ORC) Systems that Convert Waste Heat Into Clean Electricity
7.3 Strategic Partnerships and Collaborations Among Market Players
7.4 Adoption of Combined Heat and Power (CHP) Systems for Energy Generation
7.5 Launch of Waste Heat to Power Capture Pilot Projects
7.6 Emergence of New Graphene Coatings that Convert Waste Heat Into Electrical Energy
8 Waste Heat to Power Market - Macro Economic Scenario
8.1 COVID-19 Impact on the Waste Heat to Power Market
8.2 Impact of the War in Ukraine on the Waste Heat to Power Market
8.3 Impact of High Inflation on the Waste Heat to Power Market
9 Global Market Size and Growth
9.1 Market Size
9.2 Historic Market Growth, 2018-2023, Value ($ Million)
9.2.1 Market Drivers 2018-2023
9.2.2 Market Restraints 2018-2023
9.3 Forecast Market Growth, 2023-2028, 2033F Value ($ Million)
9.3.1 Market Drivers 2023-2028
9.3.2 Market Restraints 2023-2028
10 Global Waste Heat to Power Market Segmentation
10.1 Global Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
10.2 Global Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
10.3 Global Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
11 Waste Heat to Power Market, Regional and Country Analysis
11.1 Global Waste Heat to Power Market, by Region, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
11.2 Global Waste Heat to Power Market, by Country, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12 Asia-Pacific Market
12.1 Summary
12.1.1 Market Overview
12.1.2 Region Information
12.1.3 Market Information
12.1.4 Background Information
12.1.5 Government Initiatives
12.1.6 Regulations
12.1.7 Regulatory Bodies
12.1.8 Major Associations
12.1.9 Taxes Levied
12.1.10 Corporate Tax Structure
12.1.11 Investments
12.1.12 Major Companies
12.1.13 Asia-Pacific Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.2 Asia-Pacific Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.3 Asia-Pacific Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.4 Asia-Pacific Waste Heat to Power Market: Country Analysis
12.5 China Market
12.6 Summary
12.6.1 Market Overview
12.6.2 Country Information
12.6.3 Market Information
12.6.4 Background Information
12.6.5 Government Initiatives
12.6.6 Regulations
12.6.7 Regulatory Bodies
12.6.8 Major Associations
12.6.9 Taxes Levied
12.6.10 Corporate Tax Structure
12.6.11 Investments
12.6.12 Major Companies
12.7 China Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.8 China Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.9 China Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.10 India Market
12.11 India Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.12 India Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.13 India Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.14 Japan Market
12.15 Japan Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.16 Japan Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.17 Japan Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.18 Australia Market
12.19 Australia Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.20 Australia Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.21 Australia Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.22 Indonesia Market
12.23 Indonesia Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.24 Indonesia Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.25 Indonesia Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.26 South Korea Market
12.27 South Korea Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.28 South Korea Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
12.29 South Korea Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13 Western Europe Market
13.1 Summary
13.1.1 Market Overview
13.1.2 Region Information
13.1.3 Market Information
13.1.4 Background Information
13.1.5 Government Initiatives
13.1.6 Regulations
13.1.7 Regulatory Bodies
13.1.8 Major Associations
13.1.9 Taxes Levied
13.1.10 Corporate Tax Structure
13.1.11 Investments
13.1.12 Major Companies
13.2 Western Europe Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.3 Western Europe Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.4 Western Europe Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.5 Western Europe Waste Heat to Power Market: Country Analysis
13.6 UK Market
13.7 UK Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.8 UK Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.9 UK Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.10 Germany Market
13.11 Germany Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.12 Germany Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.13 Germany Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.14 France Market
13.15 France Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.16 France Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.17 France Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.18 Italy Market
13.19 Italy Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.20 Italy Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.21 Italy Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.22 Spain Market
13.23 Spain Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.24 Spain Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
13.25 Spain Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14 Eastern Europe Market
14.1 Summary
14.1.1 Market Overview
14.1.2 Region Information
14.1.3 Market Information
14.1.4 Background Information
14.1.5 Government Initiatives
14.1.6 Regulations
14.1.7 Regulatory Bodies
14.1.8 Major Associations
14.1.9 Taxes Levied
14.1.10 Corporate Tax Structure
14.1.11 Investments
14.1.12 Major Companies
14.2 Eastern Europe Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.3 Eastern Europe Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.4 Eastern Europe Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.5 Eastern Europe Waste Heat to Power Market: Country Analysis
14.6 Russia Market
14.7 Russia Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.8 Russia Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
14.9 Russia Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15 North America Market
15.1 Summary
15.1.1 Market Overview
15.1.2 Region Information
15.1.3 Market Information
15.1.4 Background Information
15.1.5 Government Initiatives
15.1.6 Regulations
15.1.7 Regulatory Bodies
15.1.8 Major Associations
15.1.9 Taxes Levied
15.1.10 Corporate Tax Structure
15.1.11 Investments
15.1.12 Major Companies
15.2 North America Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.3 North America Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.4 North America Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.5 North America Waste Heat to Power Market: Country Analysis
15.6 USA Market
15.7 Summary
15.7.1 Market Overview
15.7.2 Country Information
15.7.3 Market Information
15.7.4 Background Information
15.7.5 Government Initiatives
15.7.6 Regulations
15.7.7 Regulatory Bodies
15.7.8 Major Associations
15.7.9 Taxes Levied
15.7.10 Corporate Tax Structure
15.7.11 Investments
15.7.12 Major Companies
15.8 USA Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.9 USA Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.10 USA Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.11 Canada Market
15.12 Canada Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.13 Canada Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
15.14 Canada Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16 South America Market
16.1 Summary
16.1.1 Market Overview
16.1.2 Region Information
16.1.3 Market Information
16.1.4 Background Information
16.1.5 Government Initiatives
16.1.6 Regulations
16.1.7 Regulatory Bodies
16.1.8 Major Associations
16.1.9 Taxes Levied
16.1.10 Corporate Tax Structure
16.1.11 Investments
16.1.12 Major Companies
16.2 South America Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.3 South America Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.4 South America Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.5 South America Waste Heat to Power Market: Country Analysis
16.6 Brazil Market
16.7 Brazil Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.8 Brazil Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
16.9 Brazil Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
17 Middle East Market
17.1 Summary
17.1.1 Market Overview
17.1.2 Region Information
17.1.3 Market Information
17.1.4 Background Information
17.1.5 Government Initiatives
17.1.6 Regulations
17.1.7 Regulatory Bodies
17.1.8 Major Associations
17.1.9 Taxes Levied
17.1.10 Corporate Tax Structure
17.1.11 Investments
17.1.12 Major Companies
17.2 Middle East Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
17.3 Middle East Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
17.4 Middle East Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
18 Africa Market
18.1 Summary
18.1.1 Market Overview
18.1.2 Region Information
18.1.3 Market Information
18.1.4 Background Information
18.1.5 Government Initiatives
18.1.6 Regulations
18.1.7 Regulatory Bodies
18.1.8 Major Associations
18.1.9 Taxes Levied
18.1.10 Corporate Tax Structure
18.1.11 Investments
18.1.12 Major Companies
18.2 Africa Waste Heat to Power Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
18.3 Africa Waste Heat to Power Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
18.4 Africa Waste Heat to Power Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2028F, 2033F, Value ($ Million)
19 Competitive Landscape and Company Profiles
19.1 Company Profiles
19.2 Siemens AG
19.2.1 Company Overview
19.2.2 Products and Services
19.2.3 Business Strategy
19.2.4 Financial Performance
19.3 General Electric Company
19.3.1 Company Overview
19.3.2 Products and Services
19.3.3 Business Strategy
19.3.4 Financial Overview
19.4 Mitsubishi Heavy Industries, Ltd
19.4.1 Company Overview
19.4.2 Products and Services
19.4.3 Business Strategy
19.4.4 Financial Overview
19.5 Kawasaki Heavy Industries Ltd.
19.5.1 Company Overview
19.5.2 Products and Services
19.5.3 Business Strategy
19.5.4 Financial Overview
19.6 ABB Limited
19.6.1 Company Overview
19.6.2 Products and Services
19.6.3 Business Strategy
19.6.4 Financial Overview
20 Other Major and Innovative Companies
20.1 IHI Corporation
20.1.1 Company Overview
20.1.2 Products and Services
20.2 Forbes Marshall Private Ltd.
20.2.1 Company Overview
20.2.2 Products and Services
20.3 Ormat Technologies Inc.
20.3.1 Company Overview
20.3.2 Products and Services
20.4 Fuji Electric Co. Ltd.
20.4.1 Company Overview
20.4.2 Products and Services
20.5 Trimble Inc.
20.5.1 Company Overview
20.5.2 Products and Services
20.6 Exergy SPA
20.6.1 Company Overview
20.6.2 Products and Services
20.7 MTPV Power Corporation
20.7.1 Company Overview
20.7.2 Products and Services
20.8 Thermax Limited
20.8.1 Company Overview
20.8.2 Products and Services
20.9 Amec Foster Wheeler Plc
20.9.1 Company Overview
20.9.2 Products and Services
20.10 Heliex Power Ltd.
20.10.1 Company Overview
20.10.2 Products and Services
20.11 ElectraTherm Inc.
20.11.1 Company Overview
20.11.2 Products and Services
20.12 Calnetix Technologies LLC
20.12.1 Company Overview
20.12.2 Products and Services
20.13 Climeon AB
20.13.1 Company Overview
20.13.2 Products and Services
20.14 Econotherm UK Ltd.
20.14.1 Company Overview
20.14.2 Products and Services
20.15 Enogia SAS
20.15.1 Company Overview
20.15.2 Products and Services
21 Competitive Benchmarking22 Competitive Dashboard
23 Key Mergers and Acquisitions
23.1 Kilburn Engineering Acquired M E Energy
23.2 BITZER Acquired BPOWER
23.3 Aliaxis Acquired Zypho
23.4 Kohler Mira Acquired Recoup Energy Solutions
23.5 Archaea Energy Inc. Acquired NextGen Power Holdings LLC
23.6 Ormat Acquired TG Geothermal Portfolio, LLC
24 Opportunities and Strategies
24.1 Global Waste Heat to Power Market in 2028 - Countries Offering Most New Opportunities
24.2 Global Waste Heat to Power Market in 2028 - Segments Offering Most New Opportunities
24.3 Global Waste Heat to Power Market in 2028 - Growth Strategies
24.3.1 Market Trend-based Strategies
24.3.2 Competitor Strategies
25 Waste Heat to Power Market, Conclusions and Recommendations
25.1 Conclusions
25.2 Recommendations
25.2.1 Product
25.2.2 Place
25.2.3 Price
25.2.4 Promotion
25.2.5 People
26 Appendix
26.1 Geographies Covered
26.2 Market Data Sources
26.3 Research Methodology
26.4 Currencies
26.5 About the Analyst
26.6 Copyright and Disclaimer

Executive Summary

Waste Heat to Power Global Market Opportunities and Strategies to 2033 provides the strategists; marketers and senior management with the critical information they need to assess the global waste heat to power market as it emerges from the COVID-19 shut down.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
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  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
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  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis

Description

Where is the largest and fastest-growing market for waste heat to power? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The waste heat to power market global report answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider waste heat to power market; and compares it with other markets.

The report covers the following chapters:

  • Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by product, by application and by end-users.
  • Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
  • Macro-Economic Scenario - The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the waste heat to power market.
  • Global Market Size and Growth - Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional and Country Analysis - Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
  • Market Segmentation - Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by product, by application and by end-users in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
  • Regional Market Size and Growth - Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
  • Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
  • Other Major and Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
  • Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
  • Competitive Dashboard - Briefs on competitive dashboard of major players.
  • Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
  • Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
  • Conclusions and Recommendations - This section includes recommendations for waste heat to power providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
  • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered:

1) By Product: Steam Rankine Cycle; Organic Rankine Cycle; Kalina Cycle
2) By Application: Preheating; Steam and Electricity Generation; Other Applications
3) By End-Users: Petroleum Refining and Oil and Gas Extraction; Cement Industry; Heavy Metal Production; Chemical Industry; Pulp and Paper; Food and Beverage; Glass Industry; Other End Users

Key Companies Mentioned: Siemens AG; General Electric Company; Mitsubishi Heavy Industries Ltd.; Kawasaki Heavy Industries Ltd.; ABB Ltd.

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; waste heat to power indicators comparison.

Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Siemens AG
  • General Electric Company
  • Mitsubishi Heavy Industries Ltd.
  • Kawasaki Heavy Industries Ltd.
  • ABB Ltd.
  • IHI Corporation
  • Forbes Marshall private Ltd.
  • Ormat Technologies Inc.
  • Fuji Electric Co. Ltd.
  • Trimble Inc.
  • Ambuja Cement
  • ACC
  • The Ramco Cements
  • Dalmai Bharat
  • JK Lakshmi Birla Corporation
  • Nuvoco Vistas Corporation
  • UltraTech Cement
  • Shree Cement
  • Vedanta Limited
  • Holcim Limited
  • Shenzhen Energy Group
  • Sunpower Group
  • Orcan Energy
  • Veolia
  • TomTom
  • TC Energy
  • Vital Energi
  • British Gas
  • EDF Energy
  • E. ON Next
  • Octopus Energy
  • OVO Energy
  • ScottishPower
  • Shell Energy
  • ORLEN Unipetrol
  • Hitachi Zosen Inova (HZI)
  • EcoTerra BioGas
  • CEZ Group
  • Romelectro
  • ZiO-Podolsk
  • Notus Energy
  • Polish Energy Group
  • Terrasigna
  • Fluence Energy
  • Myers Emergency & Power Systems (Myers EPS)
  • Storage Power Solutions (SPS)
  • Verizon Connect
  • Teletrac Navman
  • Cartrack
  • Alphabet Energy
  • Raizen
  • Companhia Hidro Elétrica do São Francisco (CHESF)
  • Cosan
  • Copel Geração e Transmissão SA
  • Eletrobras Eletronorte
  • Petroleo Brasileiro SA Petrobras
  • Enel Generación Chile
  • AES Gener
  • Colbún S. A.
  • Empresas Públicas de Medellín E.S. P
  • Energisa
  • Riyadh Cement
  • ENGIE Solutions
  • Econotherm Middle East
  • Abu Dhabi National Oil Company (ADNOC)
  • Brenmiller Energy
  • Sadara Chemical Company
  • Saudi Electricity Company
  • Abu Dhabi National Energy Company PJSC (TAQA)
  • Israel Electric Corporation
  • Nawah Energy
  • Suez Cement
  • Climate Fund Managers (CFM)
  • Kibo Energy PLC
  • BioTherm Energy
  • Eskom
  • Automation and General Electric (AGE) Technologies
  • Africa GreenCo
  • Africa Power Ltd.
  • DP CleanTech
  • Amandi Energy
  • African Rainbow Energy and Power

Methodology

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Table Information