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Global Electricity & Steam Generation Waste Heat Recovery Systems Market Growth, Size, Trends Analysis – By Type, By Temperature, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Jun 24, 2025
Length 255 Pages
SKU # SPER20265968

Description

Global Electricity & Steam Generation Waste Heat Recovery Systems Market Introduction and Overview

According to SPER market research, ‘Global Electricity & Steam Generation Waste Heat Recovery Systems Market Size- By Type, By Temperature, By End Use – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Electricity & Steam Generation Waste Heat Recovery Systems Market is predicted to reach 76.43 billion by 2034 with a CAGR of 8.63%.

Waste heat recovery systems for electricity and steam generation are critical technology for increasing energy efficiency by capturing and utilizing excess heat from industrial processes. These systems transform unused thermal energy into useable electricity or steam, reducing dependency on traditional energy sources and minimizing operating expenses.

Restraints:The global electricity and steam generation waste heat recovery systems market has numerous constraints that hinder its widespread implementation. One of the primary impediments is the complexity of integrating these devices into current industrial processes, as older facilities may necessitate significant adjustments.

Scope of the report:
Report Metric Details Market size available for years 2021-2034 Base year considered 2024 Forecast period 2025-2034

Segments covered
By Type, By Temperature, By End Use

Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.

Companies Covered
Bosch Industriekessel GmbH, Dürr Group, Forbes Marshall, General Electric (GE), IHI Corporation, Mitsubishi Heavy Industries, Ltd., Siemens Energy, Thermax Limited, Viessmann.

Global Electricity & Steam Generation Waste Heat Recovery Systems Market Segmentation:

By Type:Based on the Type, Global Electricity & Steam Generation Waste Heat Recovery Systems Market is segmented as; Steam Rankine Cycle, Organic Rankine Cycle, Kalina Cycle.

By Temperature:Based on the Deployment Type, Global Electricity & Steam Generation Waste Heat Recovery Systems Market is segmented as; 230 °C, 230 °C - 650 °C and >650 °C.

By End Use:Based on the End Use, Global Electricity & Steam Generation Waste Heat Recovery Systems Market is segmented as; Petroleum Refining, Cement, Heavy Metal Manufacturing, Chemical, Pulp & Paper, Food & Beverage, Glass, and Others.

By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Table of Contents

255 Pages
1. Introduction
1.1.Scope of the report
1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data
2.1.2.Primary Data
2.1.3.SPERs internal database
2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers
4.1.2.Restraints
4.1.3.Opportunities
4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths
5.1.2.Weaknesses
5.1.3.Opportunities
5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape
5.2.2.Economic Landscape
5.2.3.Social Landscape
5.2.4.Technological Landscape
5.2.5.Environmental Landscape
5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers
5.3.2.Bargaining power of buyers
5.3.3.Threat of Substitute
5.3.4.Threat of new entrant
5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Electricity & Steam Generation Waste Heat Recovery Systems Market Manufacturing Base Distribution, Sales Area, Product Type
6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electricity & Steam Generation Waste Heat Recovery Systems Market
7.Global Electricity & Steam Generation Waste Heat Recovery Systems Market, By Type 2021-2034 (USD Million)
7.1. Steam Rankine Cycle
7.2. Organic Rankine Cycle
7.3. Kalina Cycle
8.Global Electricity & Steam Generation Waste Heat Recovery Systems Market, By Temperature 2021-2034 (USD Million)
8.1. 230 °C
8.2. 230 °C - 650 °C
8.3. > 650 °C
9.Global Electricity & Steam Generation Waste Heat Recovery Systems Market, By End Use 2021-2034 (USD Million)
9.1. Petroleum Refining
9.2.Cement
9.3.Heavy Metal Manufacturing
9.4.Chemical
9.5.Pulp & Paper
9.6.Food & Beverage
9.7.Glass
9.8.Others
10.Global Electricity & Steam Generation Waste Heat Recovery Systems Market, 2021-2034 (USD Million)
10.1.Global Electricity & Steam Generation Waste Heat Recovery Systems Market Size and Market Share
11.Global Electricity & Steam Generation Waste Heat Recovery Systems Market, By Region, 2021-2034 (USD Million)
11.1.Asia-Pacific
11.1.1.Australia
11.1.2.China
11.1.3.India
11.1.4.Japan
11.1.5.South Korea
11.1.6.Rest of Asia-Pacific
11.2.Europe
11.2.1.France
11.2.2.Germany
11.2.3.Italy
11.2.4.Spain
11.2.5.United Kingdom
11.2.6.Rest of Europe
11.3.Middle East and Africa
11.3.1.Kingdom of Saudi Arabia
11.3.2.United Arab Emirates
11.3.3.Qatar
11.3.4.South Africa
11.3.5.Egypt
11.3.6.Morocco
11.3.7.Nigeria
11.3.8.Rest of Middle-East and Africa
11.4.North America
11.4.1.Canada
11.4.2.Mexico
11.4.3.United States
11.5.Latin America
11.5.1.Argentina
11.5.2.Brazil
11.5.3.Rest of Latin America
12.Company Profile
12.1.Bosch Industriekessel GmbH
12.1.1.Company details
12.1.2.Financial outlook
12.1.3.Product summary
12.1.4.Recent developments
12.2.Dürr Group
12.2.1.Company details
12.2.2.Financial outlook
12.2.3.Product summary
12.2.4.Recent developments
12.3.Forbes Marshall
12.3.1.Company details
12.3.2.Financial outlook
12.3.3.Product summary
12.3.4.Recent developments
12.4.General Electric (GE)
12.4.1.Company details
12.4.2.Financial outlook
12.4.3.Product summary
12.4.4.Recent developments
12.5.IHI Corporation
12.5.1.Company details
12.5.2.Financial outlook
12.5.3.Product summary
12.5.4.Recent developments
12.6.Mitsubishi Heavy Industries, Ltd.
12.6.1.Company details
12.6.2.Financial outlook
12.6.3.Product summary
12.6.4.Recent developments
12.7.Siemens Energy
12.7.1.Company details
12.7.2.Financial outlook
12.7.3.Product summary
12.7.4.Recent developments
12.8.Thermax Limited
12.8.1.Company details
12.8.2.Financial outlook
12.8.3.Product summary
12.8.4.Recent developments
12.9.Viessmann
12.9.1.Company details
12.9.2.Financial outlook
12.9.3.Product summary
12.9.4.Recent developments
12.10.Others
13.Conclusion
14.List of Abbreviations
15.Reference Links

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