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Global Waste Heat to Power Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 105 pages | ID: G29347E4FD70EN
APO Research

US$ 3,450.00

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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.

According to APO Research, The global Waste Heat to Power market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% 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, Dьrr Cyplan, GETEC, CNBM, DaLian East, E-Rational etc. Top 3 companies occupied about 51% market share.

Report Scope

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.

The Waste Heat to Power market size, estimations, and forecasts are provided in terms of sales volume (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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Siemens
  • GE
  • ABB
  • Amec Foster Wheeler
  • Ormat
  • MHI
  • Exergy
  • ElectraTherm
  • Dьrr Cyplan
  • GETEC
  • CNBM
  • DaLian East
  • E-Rational
Waste Heat to Power segment by Type
  • Steam Rankine Cycle
  • Organic Rankine Cycles
  • Kalina Cycle
Waste Heat to Power segment by Application
  • Chemical Industry
  • Metal Manufacturing
  • Oil and Gas
  • Others
Waste Heat to Power Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. 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 to Power 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.

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

3. 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.

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

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

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

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

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: 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 3: Detailed analysis of Waste Heat to Power manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Waste Heat to Power in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Waste Heat to Power Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Waste Heat to Power Sales Estimates and Forecasts (2019-2030)
1.3 Waste Heat to Power Market by Type
  1.3.1 Steam Rankine Cycle
  1.3.2 Organic Rankine Cycles
  1.3.3 Kalina Cycle
1.4 Global Waste Heat to Power Market Size by Type
  1.4.1 Global Waste Heat to Power Market Size Overview by Type (2019-2030)
  1.4.2 Global Waste Heat to Power Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Waste Heat to Power Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Waste Heat to Power Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Waste Heat to Power Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Waste Heat to Power Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Waste Heat to Power Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Waste Heat to Power Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Waste Heat to Power Industry Trends
2.2 Waste Heat to Power Industry Drivers
2.3 Waste Heat to Power Industry Opportunities and Challenges
2.4 Waste Heat to Power Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Waste Heat to Power Revenue (2019-2024)
3.2 Global Top Players by Waste Heat to Power Sales (2019-2024)
3.3 Global Top Players by Waste Heat to Power Price (2019-2024)
3.4 Global Waste Heat to Power Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Waste Heat to Power Key Company Manufacturing Sites & Headquarters
3.6 Global Waste Heat to Power Company, Product Type & Application
3.7 Global Waste Heat to Power Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Waste Heat to Power Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Waste Heat to Power Players Market Share by Revenue in 2023
  3.8.3 2023 Waste Heat to Power Tier 1, Tier 2, and Tier

4 WASTE HEAT TO POWER REGIONAL STATUS AND OUTLOOK

4.1 Global Waste Heat to Power Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Waste Heat to Power Historic Market Size by Region
  4.2.1 Global Waste Heat to Power Sales in Volume by Region (2019-2024)
  4.2.2 Global Waste Heat to Power Sales in Value by Region (2019-2024)
  4.2.3 Global Waste Heat to Power Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Waste Heat to Power Forecasted Market Size by Region
  4.3.1 Global Waste Heat to Power Sales in Volume by Region (2025-2030)
  4.3.2 Global Waste Heat to Power Sales in Value by Region (2025-2030)
  4.3.3 Global Waste Heat to Power Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 WASTE HEAT TO POWER BY APPLICATION

5.1 Waste Heat to Power Market by Application
  5.1.1 Chemical Industry
  5.1.2 Metal Manufacturing
  5.1.3 Oil and Gas
  5.1.4 Others
5.2 Global Waste Heat to Power Market Size by Application
  5.2.1 Global Waste Heat to Power Market Size Overview by Application (2019-2030)
  5.2.2 Global Waste Heat to Power Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Waste Heat to Power Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Waste Heat to Power Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Waste Heat to Power Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Waste Heat to Power Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Waste Heat to Power Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Waste Heat to Power Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Siemens
  6.1.1 Siemens Comapny Information
  6.1.2 Siemens Business Overview
  6.1.3 Siemens Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Siemens Waste Heat to Power Product Portfolio
  6.1.5 Siemens Recent Developments
6.2 GE
  6.2.1 GE Comapny Information
  6.2.2 GE Business Overview
  6.2.3 GE Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 GE Waste Heat to Power Product Portfolio
  6.2.5 GE Recent Developments
6.3 ABB
  6.3.1 ABB Comapny Information
  6.3.2 ABB Business Overview
  6.3.3 ABB Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 ABB Waste Heat to Power Product Portfolio
  6.3.5 ABB Recent Developments
6.4 Amec Foster Wheeler
  6.4.1 Amec Foster Wheeler Comapny Information
  6.4.2 Amec Foster Wheeler Business Overview
  6.4.3 Amec Foster Wheeler Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Amec Foster Wheeler Waste Heat to Power Product Portfolio
  6.4.5 Amec Foster Wheeler Recent Developments
6.5 Ormat
  6.5.1 Ormat Comapny Information
  6.5.2 Ormat Business Overview
  6.5.3 Ormat Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Ormat Waste Heat to Power Product Portfolio
  6.5.5 Ormat Recent Developments
6.6 MHI
  6.6.1 MHI Comapny Information
  6.6.2 MHI Business Overview
  6.6.3 MHI Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 MHI Waste Heat to Power Product Portfolio
  6.6.5 MHI Recent Developments
6.7 Exergy
  6.7.1 Exergy Comapny Information
  6.7.2 Exergy Business Overview
  6.7.3 Exergy Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Exergy Waste Heat to Power Product Portfolio
  6.7.5 Exergy Recent Developments
6.8 ElectraTherm
  6.8.1 ElectraTherm Comapny Information
  6.8.2 ElectraTherm Business Overview
  6.8.3 ElectraTherm Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 ElectraTherm Waste Heat to Power Product Portfolio
  6.8.5 ElectraTherm Recent Developments
6.9 Dьrr Cyplan
  6.9.1 Dьrr Cyplan Comapny Information
  6.9.2 Dьrr Cyplan Business Overview
  6.9.3 Dьrr Cyplan Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Dьrr Cyplan Waste Heat to Power Product Portfolio
  6.9.5 Dьrr Cyplan Recent Developments
6.10 GETEC
  6.10.1 GETEC Comapny Information
  6.10.2 GETEC Business Overview
  6.10.3 GETEC Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 GETEC Waste Heat to Power Product Portfolio
  6.10.5 GETEC Recent Developments
6.11 CNBM
  6.11.1 CNBM Comapny Information
  6.11.2 CNBM Business Overview
  6.11.3 CNBM Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 CNBM Waste Heat to Power Product Portfolio
  6.11.5 CNBM Recent Developments
6.12 DaLian East
  6.12.1 DaLian East Comapny Information
  6.12.2 DaLian East Business Overview
  6.12.3 DaLian East Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 DaLian East Waste Heat to Power Product Portfolio
  6.12.5 DaLian East Recent Developments
6.13 E-Rational
  6.13.1 E-Rational Comapny Information
  6.13.2 E-Rational Business Overview
  6.13.3 E-Rational Waste Heat to Power Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 E-Rational Waste Heat to Power Product Portfolio
  6.13.5 E-Rational Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Waste Heat to Power Sales by Country
  7.1.1 North America Waste Heat to Power Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Waste Heat to Power Sales by Country (2019-2024)
  7.1.3 North America Waste Heat to Power Sales Forecast by Country (2025-2030)
7.2 North America Waste Heat to Power Market Size by Country
  7.2.1 North America Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Waste Heat to Power Market Size by Country (2019-2024)
  7.2.3 North America Waste Heat to Power Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Waste Heat to Power Sales by Country
  8.1.1 Europe Waste Heat to Power Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Waste Heat to Power Sales by Country (2019-2024)
  8.1.3 Europe Waste Heat to Power Sales Forecast by Country (2025-2030)
8.2 Europe Waste Heat to Power Market Size by Country
  8.2.1 Europe Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Waste Heat to Power Market Size by Country (2019-2024)
  8.2.3 Europe Waste Heat to Power Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Waste Heat to Power Sales by Country
  9.1.1 Asia-Pacific Waste Heat to Power Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Waste Heat to Power Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Waste Heat to Power Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Waste Heat to Power Market Size by Country
  9.2.1 Asia-Pacific Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Waste Heat to Power Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Waste Heat to Power Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Waste Heat to Power Sales by Country
  10.1.1 Latin America Waste Heat to Power Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Waste Heat to Power Sales by Country (2019-2024)
  10.1.3 Latin America Waste Heat to Power Sales Forecast by Country (2025-2030)
10.2 Latin America Waste Heat to Power Market Size by Country
  10.2.1 Latin America Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Waste Heat to Power Market Size by Country (2019-2024)
  10.2.3 Latin America Waste Heat to Power Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Waste Heat to Power Sales by Country
  11.1.1 Middle East and Africa Waste Heat to Power Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Waste Heat to Power Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Waste Heat to Power Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Waste Heat to Power Market Size by Country
  11.2.1 Middle East and Africa Waste Heat to Power Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Waste Heat to Power Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Waste Heat to Power Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Waste Heat to Power Value Chain Analysis
  12.1.1 Waste Heat to Power Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Waste Heat to Power Production Mode & Process
12.2 Waste Heat to Power Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Waste Heat to Power Distributors
  12.2.3 Waste Heat to Power Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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