Trends, Drivers and Vendor Forecasts for 2020-2024
Accelerating at a CAGR of 14%, the waste heat recovery market is expected to post an incremental growth of $ 11.31 bn over the next five years. ABB Ltd., Alfa Laval AB, Clean Energy Technologies Inc., GEA Group Aktiengesellschaft, General Electric Co., John Wood Group Plc, Mitsubishi Heavy Industries Ltd., Robert Bosch GmbH, Siemens AG, and Thermax Ltd. are among the key market players. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, our report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
Waste Heat Recovery Market: Market Segments and Key Trends
The Waste heat recovery market is segmented by End-user (Chemical. Petroleum refining, Paper, Commercial and institutional, Food and beverages, Metal, and Other end-users) and Geography (North America, Europe, APAC, MEA, and South America). Market growth by the chemicals end-user segment has been significant in recent years and is expected to offer further growth opportunities during the forecast period. North America led the market with 32% of the market growth set to originate from this region. The US is a key market for waste heat recovery in North America. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Waste Heat Recovery Market: Top Drivers to Boost Demand
Increasing focus on reducing carbon footprint is one of the primary factors driving the growth of the waste heat recovery market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report.
Key Focus Areas in Our Reports:
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
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Waste Heat Recovery Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024
Recovery and Growth Insights for 2020-2024
The waste heat recovery market and it is expected to grow by $ 11.31 bn, accelerating at a CAGR of almost 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Waste Heat Recovery Market: Market Segments and Key Trends
This report provides a detailed analysis of the market by End-user (Chemical. Petroleum refining, Paper, Commercial and institutional, Food and beverages, Metal, and Other end-users) and Geography (North America, Europe, APAC, MEA, and South America). 32% of the market growth will originate from North America during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Waste Heat Recovery Market: Top Drivers to Boost Demand
One of the primary factors that will drive market growth is the increasing focus on reducing the carbon footprint. The waste heat recovery market report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.
Vendor Analysis: ABB Ltd., Alfa Laval AB and Clean Energy Technologies Inc. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., Alfa Laval AB, Clean Energy Technologies Inc., GEA Group Aktiengesellschaft, General Electric Co., John Wood Group Plc, Mitsubishi Heavy Industries Ltd., Robert Bosch GmbH, Siemens AG, and Thermax Ltd. are some of the major market participants.
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Waste Heat Recovery Market: Key Highlights of the Report for 2020-2024
