廢熱回收系統市場規模、佔有率和成長分析（按應用、最終用途產業、組件、溫度和地區）- 產業預測 2025-2032

廢熱回收系統市場規模預計在2023年達到724.2億美元，預計將從2024年的788.7億美元成長到2032年的1559.9億美元，預測期內（2025-2032年）的複合年成長率為8.9%。

由於人們對溫室氣體排放的擔憂日益加劇，以及旨在減少二氧化碳排放的嚴格法規，全球廢熱回收系統 (WHRS) 市場預計將顯著成長。廢熱回收系統能夠有效率地傳輸高溫過程中的熱量，但由於卡諾效率有限，傳統上在利用低溫廢熱發電方面面臨挑戰。然而，北美國內需求正在激增，尤其是美國引入了餘熱回收系統，以最佳化燃煤發電廠的排放並促進零排放發電。重複使用廢氣的能力提高了熱效率，進一步刺激了市場興趣。通用電氣和Terrapin等大公司的存在也推動了這個快速成長產業的成長。

目錄

介紹

• 調查目的
• 研究範圍
• 定義

調查方法

• 資訊採購
• 次要和主要資料方法
• 市場規模預測
• 市場假設與限制

執行摘要

• 全球市場展望
• 供需趨勢分析
• 細分機會分析

市場動態及展望

• 市場概況
• 市場規模
• 市場動態
  • 促進因素和機會
  • 限制與挑戰
• 波特分析與影響
  • 競爭對手之間的競爭
  • 替代品的威脅
  • 買家的議價能力
  • 新進入者的威脅
  • 供應商的議價能力

主要市場考察

• 關鍵成功因素
• 競爭程度
• 主要投資機會
• 市場生態系統
• 監管格局
• 專利分析
• 價值鏈分析
• 案例研究分析
• 客戶和購買標準分析
• PESTEL 分析
• 宏觀經濟指標
• 市場吸引力指數
• 原料分析
• 供應鏈分析
• 定價分析

廢熱回收系統市場規模（按應用和複合年成長率） (2025-2032)

• 市場概況
• 預熱
• 蒸氣和發電
• 發電
• 其他

廢熱回收系統市場規模（按最終用途產業和複合年成長率分類）（2025-2032 年）

• 市場概況
• 精製
• 化學品
• 水泥
• 金屬生產和鑄造
• 紙漿和造紙
• 飲食
• 玻璃
• 其他

廢熱回收系統市場規模（按組件和複合年成長率） (2025-2032)

• 市場概況
• 熱交換器
  • 回收設備
  • 播放設備
  • 節熱器
  • 熱管
  • 廢熱鍋爐
  • 其他
• 鍋爐
• 渦輪
• 熱泵
• 其他

廢熱回收系統市場規模（按溫度和複合年成長率） (2025-2032)

• 市場概況
• 100度C～230度C
• 231度C～450度C
• 450度C以上

廢熱回收系統市場規模（按地區）及複合年成長率（2025-2032）

• 北美洲
  • 美國
  • 加拿大
• 歐洲
  • 英國
  • 德國
  • 西班牙
  • 法國
  • 義大利
  • 其他歐洲國家地區
• 亞太地區
  • 中國
  • 印度
  • 日本
  • 韓國
  • 其他亞太地區
• 拉丁美洲
  • 巴西
  • 其他拉丁美洲國家
• 中東和非洲
  • 海灣合作理事會國家
  • 南非
  • 其他中東和非洲地區

競爭資訊

• 前 5 家公司對比
• 主要企業市場定位（2024年）
• 主要市場參與者所採用的策略
• 近期市場趨勢
• 公司市場佔有率分析（2024 年）
• 主要企業簡介
  • 公司詳細資訊
  • 產品系列分析
  • 公司分部佔有率分析
  • 收益與前一年同期比較對比（2021-2023 年）

主要企業簡介

• Siemens AG
• General Electric Company
• ABB Ltd.
• Mitsubishi Heavy Industries Ltd.
• Thermax Limited
• Ormat Technologies Inc.
• Echogen Power Systems Inc.
• GEA Group AG
• Boustead International Heaters Ltd.
• Doosan Heavy Industries & Construction Co. Ltd.
• HRS Heat Exchangers Ltd.
• Marathon Engine Systems
• MTPV Power Corporation
• Kawasaki Heavy Industries Ltd.
• Sigma Thermal Inc.
• Forbes Marshall
• Exodraft Ltd.
• Alfa Laval AB
• Toshiba Mitsubishi-Electric Industrial Systems Corporation

結論和建議

Waste Heat Recovery System Market size was valued at USD 72.42 Billion in 2023 and is poised to grow from USD 78.87 Billion in 2024 to USD 155.99 Billion by 2032, growing at a CAGR of 8.9% during the forecast period (2025-2032).

The global waste heat recovery system (WHRS) market is poised for substantial growth, driven by increasing concerns over greenhouse gas emissions and stringent regulations aimed at reducing carbon dioxide outputs. WHRS, which efficiently transfers heat from hot processes, has traditionally faced challenges in harnessing low-temperature waste heat for electricity generation due to limited Carnot efficiency. However, North America's domestic demand is surging, particularly in the U.S., where WHRS is being deployed to optimize emissions from coal-fired power plants and to facilitate zero-emission electricity generation. The ability to reuse flue gas enhances thermal efficiency, further amplifying market interest. The presence of major players like General Electric and Terrapin is also catalyzing growth in this burgeoning sector.

Top-down and bottom-up approaches were used to estimate and validate the size of the Waste Heat Recovery System market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Waste Heat Recovery System Market Segments Analysis

Global Waste Heat Recovery System Market is segmented by application, end use industry, component, temperature and region. Based on application, the market is segmented into preheating, steam & power generation, electricity generation and others. Based on end-use industry, the market is segmented into petroleum refining, chemical, cement, metal production & foundries, pulp & paper, food & beverage, glass and others. Based on component, the market is segmented into heat exchangers (recuperators, regenerators, economizers, heat pipes, waste heat boilers, others), boilers, turbines, heat pumps and others. Based on temperature, the market is segmented into 100°C to 230°C, 231°C to 450°C, Above 450°C. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Waste Heat Recovery System Market

The Waste Heat Recovery System market is primarily propelled by a combination of factors, including the growing global population, stringent energy emission regulations, and swift industrial mechanization. As the demand for energy and electricity at affordable rates continues to escalate, it significantly underscores the importance of waste heat recovery solutions. These systems not only aid in enhancing energy efficiency but also provide a means to comply with regulatory requirements, making them essential in both industrial and commercial sectors. Consequently, these dynamics collectively foster substantial growth in the waste heat recovery systems market, driving innovation and investment.

Restraints in the Waste Heat Recovery System Market

The growth of the waste heat recovery system market is significantly hindered by the high capital expenditures associated with the installation of these units. The substantial initial investment required can deter potential buyers, particularly in industries where budgets are tight or profit margins are slim. This financial barrier prevents many organizations from adopting waste heat recovery technologies, which hinders overall market expansion. As a result, potential advancements in energy efficiency and sustainability in various sectors may be delayed, highlighting the need for strategies to reduce costs or provide financial incentives that could facilitate wider adoption of waste heat recovery systems.

Market Trends of the Waste Heat Recovery System Market

The Waste Heat Recovery System (WHRS) market is witnessing a notable surge in adoption, driven by continuous technological advancements and increasing environmental awareness. As industries seek to enhance energy efficiency and reduce carbon footprints, innovative WHRS solutions are being developed that optimize heat recovery processes, making them more cost-effective and efficient. The integration of IoT and AI technologies further enhances WHRS capabilities, allowing for real-time monitoring and adaptive management of energy systems. The growing push towards sustainability and regulatory mandates for emissions reduction are also propelling market growth, indicating a robust trend towards widespread implementation across diverse sectors.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Regulatory Landscape
• Patent Analysis
• Value Chain Analysis
• Case Study Analysis
• Customer & Buying Criteria Analysis
• PESTEL Analysis
• Macro-Economic Indicators
• Market Attractiveness Index
• Raw Material Analysis
• Supply Chain Analysis
• Pricing Analysis

Waste Heat Recovery System Market Size by Application & CAGR (2025-2032)

• Market Overview
• Preheating
• Steam & Power Generation
• Electricity Generation
• Others

Waste Heat Recovery System Market Size by End-Use Industry & CAGR (2025-2032)

• Market Overview
• Petroleum Refining
• Chemical
• Cement
• Metal Production & Foundries
• Pulp & Paper
• Food & Beverage
• Glass
• Others

Waste Heat Recovery System Market Size by Component & CAGR (2025-2032)

• Market Overview
• Heat Exchangers
  • Recuperators
  • Regenerators
  • Economizers
  • Heat Pipes
  • Waste Heat Boilers
  • Others
• Boilers
• Turbines
• Heat Pumps
• Others

Waste Heat Recovery System Market Size by Temperature & CAGR (2025-2032)

• Market Overview
• 100°C to 230°C
• 231°C to 450°C
• Above 450°C

Waste Heat Recovery System Market Size & CAGR (2025-2032)

• North America, (Application, End-Use Industry, Component, Temperature)
  • US
  • Canada
• Europe, (Application, End-Use Industry, Component, Temperature)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Application, End-Use Industry, Component, Temperature)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Application, End-Use Industry, Component, Temperature)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Application, End-Use Industry, Component, Temperature)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Siemens AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Electric Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ABB Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Heavy Industries Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thermax Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ormat Technologies Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Echogen Power Systems Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GEA Group AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Boustead International Heaters Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Doosan Heavy Industries & Construction Co. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HRS Heat Exchangers Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Marathon Engine Systems
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MTPV Power Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kawasaki Heavy Industries Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sigma Thermal Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Forbes Marshall
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Exodraft Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Alfa Laval AB
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Toshiba Mitsubishi-Electric Industrial Systems Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation