Global Waste Heat Recovery Solutions Market Growth (Status and Outlook) 2025-2031

According to this study, the global Waste Heat Recovery Solutions market size will reach US$ million by 2031.

Industrial waste heat is the energy that is generated in industrial processes which is not put into any practical use and is lost, wasted and dumped into the environment. Recovering the waste heat can be conducted through various waste heat recovery technologies to provide valuable energy sources and reduce the overall energy consumption. Waste heat recovery methods include capturing and transferring the waste heat from a process with a gas or liquid back to the system as an extra energy source.

United States market for Waste Heat Recovery Solutions is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Waste Heat Recovery Solutions is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Waste Heat Recovery Solutions is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Waste Heat Recovery Solutions players cover ABB, MHI, Siemens, GE, Kawasaki, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Waste Heat Recovery Solutions Industry Forecast” looks at past sales and reviews total world Waste Heat Recovery Solutions sales in 2024, providing a comprehensive analysis by region and market sector of projected Waste Heat Recovery Solutions sales for 2025 through 2031. With Waste Heat Recovery Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Waste Heat Recovery Solutions industry.

This Insight Report provides a comprehensive analysis of the global Waste Heat Recovery Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Waste Heat Recovery Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Waste Heat Recovery Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Waste Heat Recovery Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Waste Heat Recovery Solutions.

This report presents a comprehensive overview, market shares, and growth opportunities of Waste Heat Recovery Solutions market by product type, application, key players and key regions and countries.

Segmentation by Type:
Steam System
Organic Rankine Cycle System
Kalina Cycle System
Other

Segmentation by Application:
Petroleum Refining
Heavy Metal Production
Cement
Chemical
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
MHI
Siemens
GE
Kawasaki
Ormat
Foster Wheeler
Bosch
Echogen Power Systems
EST (Wasabi)
Thermax
Sigma Thermal
AirClean Energy

Please note: The report will take approximately 2 business days to prepare and deliver. Show more