废热回收系统市场规模、份额和成长分析（按应用、最终用途产业、组件、温度和地区）- 产业预测 2025-2032

废热回收系统市场规模预计在2023年达到724.2亿美元，预计将从2024年的788.7亿美元增长到2032年的1559.9亿美元，预测期内（2025-2032年）的复合年增长率为8.9%。

由于人们对温室气体排放的担忧日益加剧，以及旨在减少二氧化碳排放的严格法规，全球废热回收系统 (WHRS) 市场预计将显着增长。废热回收系统能够有效率地传输高温过程中的热量，但由于卡诺效率有限，传统上在利用低温废热发电方面面临挑战。然而，北美国内需求正在激增，尤其是美国引入了余热回收系统，以优化燃煤发电厂的排放并促进零排放发电。重复使用废气的能力提高了热效率，进一步刺激了市场兴趣。通用电气和Terrapin等大公司的存在也推动了这个快速成长产业的成长。

目录

介绍

• 调查目的
• 研究范围
• 定义

调查方法

• 资讯采购
• 次要和主要资料方法
• 市场规模预测
• 市场假设与限制

执行摘要

• 全球市场展望
• 供需趋势分析
• 细分机会分析

市场动态及展望

• 市场概况
• 市场规模
• 市场动态
  • 驱动因素和机会
  • 限制与挑战
• 波特分析与影响
  • 竞争对手之间的竞争
  • 替代品的威胁
  • 买家的议价能力
  • 新进入者的威胁
  • 供应商的议价能力

主要市场考察

• 关键成功因素
• 竞争程度
• 主要投资机会
• 市场生态系统
• 监管格局
• 专利分析
• 价值链分析
• 案例研究分析
• 客户和购买标准分析
• PESTEL 分析
• 宏观经济指标
• 市场吸引力指数
• 原料分析
• 供应链分析
• 定价分析

废热回收系统市场规模（按应用和复合年增长率） (2025-2032)

• 市场概况
• 预热
• 蒸气和发电
• 发电
• 其他的

废热回收系统市场规模（按最终用途产业和复合年增长率划分）（2025-2032 年）

• 市场概况
• 精製
• 化学品
• 水泥
• 金属生产和铸造
• 纸浆和造纸
• 饮食
• 玻璃
• 其他的

废热回收系统市场规模（按组件和复合年增长率） (2025-2032)

• 市场概况
• 热交换器
  • 回收设备
  • 播放设备
  • 节热器
  • 热管
  • 废热锅炉
  • 其他的
• 锅炉
• 涡轮
• 热泵
• 其他的

废热回收系统市场规模（按温度和复合年增长率） (2025-2032)

• 市场概况
• 100℃～230℃
• 231℃～450℃
• 450℃以上

废热回收系统市场规模（按地区）及复合年增长率（2025-2032）

• 北美洲
  • 美国
  • 加拿大
• 欧洲
  • 英国
  • 德国
  • 西班牙
  • 法国
  • 义大利
  • 其他欧洲国家地区
• 亚太地区
  • 中国
  • 印度
  • 日本
  • 韩国
  • 其他亚太地区
• 拉丁美洲
  • 巴西
  • 其他拉丁美洲国家
• 中东和非洲
  • 海湾合作委员会国家
  • 南非
  • 其他中东和非洲地区

竞争资讯

• 前 5 家公司对比
• 主要企业市场定位（2024年）
• 主要市场参与者所采用的策略
• 近期市场趋势
• 公司市场占有率分析（2024 年）
• 主要企业简介
  • 公司详细信息
  • 产品系列分析
  • 公司分部份额分析
  • 收益与前一年同期比较对比（2021-2023 年）

主要企业简介

• 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

结论和建议

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