The global market for waste heat recovery system is expected to grow from $ 2,566.8 million in 2021 to $ 3,244.9 million in 2026. The market is expected to grow at a CAGR of 4.8% over the forecast period (2021-2026). Some of the market's key participants are ABB, Bosch, EST (Wasabi), Echogen Power Systems, Foster Wheeler, GE, Kawasaki, MHI, Ormat, Siemens, Thermax. This report intends to identify significant growth areas and to explore relevant market strategies. This in-depth analysis delves into the global market for waste heat recovery system. The primary goal of this research is to examine the potential growth areas, significant trends, and the market's impact on the industry. The report also reviews the adoption of waste heat recovery system in both established and emerging markets.

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Waste Heat Recovery
System Market
Global Industry Analysis & Forecast US$
Million, 2019 – 2027

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Global Waste Heat Recovery System Market
2
Scope of the Report
 Global Waste Heat Recovery System Market ,
By Type
 Steam System
 Organic Rankine Cycle System
 Kalina Cycle System
 Other
 Global Waste Heat Recovery System Market ,
By Application
 Petroleum Refining
 Heavy Metal Production
 Cement
 Chemical
 Other
 Global Waste Heat Recovery System Market ,
By Region
 North America Waste Heat Recovery
System Market
 Europe Waste Heat Recovery System
Market
 Asia Pacific Waste Heat Recovery System
Market
 Middle East & Africa Waste Heat
Recovery System Market
 Latin America Waste Heat Recovery
System Market
 Company
 ABB
 Bosch
 EST (Wasabi)
 Echogen Power Systems
 Foster Wheeler
 GE
 Kawasaki
 MHI
 Ormat
 Siemens
 Thermax
 Quanlai
 Royalstar
 Stevoor
 Sundylee
 TORAY
 Watts

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Global Waste Heat Recovery System Market
3
Regions Covered
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
S. Korea
Indonesia
Australia & New
Zealand
ASEAN Countries
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

4. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market Introduction
4
The global market for waste heat recovery system is expected to grow from $ 2,566.8 million in 2021 to $ 3,244.9
million in 2026. The market is expected to grow at a CAGR of 4.8% over the forecast period (2021-2026). Some of the
market's key participants are ABB, Bosch, EST (Wasabi), Echogen Power Systems, Foster Wheeler, GE, Kawasaki, MHI,
Ormat, Siemens, Thermax. This report intends to identify significant growth areas and to explore relevant market
strategies. This in-depth analysis delves into the global market for waste heat recovery system. The primary goal of this
research is to examine the potential growth areas, significant trends, and the market's impact on the industry. The
report also reviews the adoption of waste heat recovery system in both established and emerging markets.
Study Goals and Objectives
The goals and objectives of this study are:
To provide a comprehensive analysis of the waste heat recovery system industry and its sub-segments in the
global market, as well as an in-depth look at the industry's structure.
To provide an in-depth analysis of the variables driving and restraining the global market for waste heat recovery
system.
Estimate the global market size for waste heat recovery system with 2020 as the base year and a forecast period
of 2021 to 2027.
To analyze the global market for waste heat recovery system in major areas and countries.
To provide a strategic profile of significant global firms, as well as a detailed study of their competitiveness and
competitive environment in this industry.
To provide a distribution chain analysis/value chain for the waste heat recovery system market.

5. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market Introduction
5
This study offers a thorough examination of global markets, as well as detailed profiles of key market participants, a
revenue product portfolio, and current activities. This research looks into trends and dynamics like drivers, restraints,
challenges, and opportunities. This study discusses the strategies used by developing industry participants, as well as
advice for new market entrants. This research study examines market sizes in the past, present, and future.
Market Segmentation
The market segmented in this report into type and application.
Based on type, the global waste heat recovery system market is segmenting into steam system, organic rankine cycle
system, kalina cycle system, other.
Based on application, the waste heat recovery system market is segmenting into petroleum refining, heavy metal
production, cement, chemical, other.
Geographic Breakdown
In this report, the following geographic regions were considered for market research:
North America
The U.S.
Canada
Europe
Germany
The U.K.
France

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Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market Introduction
6
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Rest of the World
Middle East & Africa
Latin America
Information Sources
Key data were derived from various sources, including government agencies in Canada, China, India, Japan, the
European Union, and the United States. International organizations also contributed raw data for final estimates.
Estimated market trends were derived from annual reports, investor presentations, SEC filings, product portfolios, and
news announcements. Data was gathered from the market's major end-users. Statistical studies were used to confirm
global and regional market sales data for current and anticipated values.
Key Questions Addressed in This Report

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Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market Introduction
7
What is the size of the waste heat recovery system market?
What are some of the most recent trends that will shape the future of the waste heat recovery system market?
Who are the key players in the waste heat recovery system market? What are their main strategies for increasing their
market presence?
Which region has the highest potential for growth in the waste heat recovery system market?
Which regions have the largest share of the waste heat recovery system market?
Who are the major waste heat recovery system applications likely to fuel industry growth over the next five years?

8. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market Introduction
Global Waste Heat Recovery System Market Size, US$ Million
(2020 – 2027)
XX XX
XX
XX
XX
XX
XX XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Global Waste Heat Recovery System Market Opportunity
Analysis Size, US$ Million (2020 – 2027)
8
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX% XX%
XX% XX%
XX%
XX% XX%
XX XX
XX
XX
XX
XX
XX
XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Total Opportunity

9. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market Introduction
Global Waste Heat Recovery System Market Share Analysis, by
Type, (2020 & 2027)
Global Waste Heat Recovery System Market Share Analysis, by
Application, (2020 & 2027)
9
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Steam System Organic Rankine Cycle System
Kalina Cycle System Other
2020
2027
2020
2027
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Petroleum Refining Heavy Metal Production
Cement Chemical
Other

10. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market , by Type
Global Waste Heat Recovery System Market Analysis and Forecast, by Type, US$ Million (2020 – 2027)
Type 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Steam System XX XX XX XX XX XX XX XX XX XX
Organic Rankine Cycle
System
XX XX XX XX XX XX XX XX XX XX
Kalina Cycle System XX XX XX XX XX XX XX XX XX XX
Other XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
10
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

11. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market , by Application
Global Waste Heat Recovery System Market Analysis and Forecast, by Application, US$ Million (2020 – 2027)
Application 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Petroleum Refining XX XX XX XX XX XX XX XX XX XX
Heavy Metal Production XX XX XX XX XX XX XX XX XX XX
Cement
Chemical
Other
Total XX XX XX XX XX XX XX XX XX XX
11
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

12. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market , by Region
12
XX
XX XX
XX XX
XX
XX
XX
XX XX
North America Europe Asia Pacific Middle East & Africa Latin America
US$ Million
2020 2027
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX% XX%
North America
Europe
Asia Pacific
Middle East & Africa
Latin Maerica
2020
2027
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

13. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market
Global Waste Heat Recovery System Market , by Region
Global Waste Heat Recovery System Market Analysis and Forecast, by Region, US$ Million (2020 – 2027)
Region 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
North America XX XX XX XX XX XX XX XX XX XX
Europe XX XX XX XX XX XX XX XX XX XX
Asia Pacific XX XX XX XX XX XX XX XX XX XX
Middle East & Africa XX XX XX XX XX XX XX XX XX XX
Latin America XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
13
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

14. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Waste Heat Recovery System Market , Company Share Analysis, 2020 (%)
14
Global Waste Heat Recovery System Market
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
ABB Bosch
EST (Wasabi) Echogen Power Systems
Foster Wheeler GE
Kawasaki MHI
Ormat Siemens
Others

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Global Waste Heat Recovery System Market
15
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