Waste Heat Recovery Market Report 2026
Waste Heat Recovery Market Report Infographic Image
Item added to cart!

Published : January 2026

Pages : 250

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00

Purchase This Report Download Sample PDF
Purchase This Report

Waste Heat Recovery Market Report 2026

Global Outlook – By Technology (Heat Exchangers (Recuperators, Regenerators), Waste Heat Boilers, Organic Rankine Cycles (ORC), Turbocompounds), By Application (Pre-Heating, Electricity And Steam Generation, Steam Rankine Cycle), By End-Use Industry (Petroleum Refining, Chemical, Cement) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Waste Heat Recovery Market Overview

• Waste Heat Recovery market size has reached to $69.90 billion in 2025

• Expected to grow to $107.31 billion in 2030 at a compound annual growth rate (CAGR) of 8.9%

• Growth Driver: Increasing Demand For Environmental Sustainability Fueling The Growth Of The Market Due To Reduction In Energy Waste And Emissions

• Market Trend: ETI-W Heat Pump Introduced To Enhance Energy Efficiency And Sustainability

North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Waste Heat Recovery Market?

Waste heat recovery is the process of capturing and reusing heat generated by industrial processes, engines, or machines that would otherwise be lost to the environment. It helps to improve energy efficiency, reduce fuel consumption, and lower greenhouse gas emissions by converting wasted thermal energy into usable power or heat for other processes. This process also helps in lowering operational costs and enhancing the overall sustainability of industrial operations.

The main technologies of the waste heat recovery market include heat exchangers (recuperators, regenerators), waste heat boilers, organic Rankine cycles (ORC), and turbocompounds. Heat exchangers (recuperators, regenerators) refer to systems designed to capture and reuse excess heat from industrial processes or exhaust gases by transferring thermal energy to incoming air, fluids, or process streams, thereby improving overall energy efficiency, reducing fuel consumption, and lowering operational emissions. The various applications are pre-heating, electricity and steam generation, and steam rankine cycle, and they are used by several end-uses such as petroleum refining, chemical, and cement.

Waste Heat Recovery market report bar graph

What Is The Waste Heat Recovery Market Size and Share 2026?

The waste heat recovery market size has grown strongly in recent years. It will grow from $69.90 billion in 2025 to $76.31 billion in 2026 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to escalating Fuel & Electricity Prices, Initial Environmental Policies, Cost-Saving Potential & Financial Incentives, Expansion of Heavy Industry (APAC), Demonstration of ORC Viability.

What Is The Waste Heat Recovery Market Growth Forecast?

The waste heat recovery market size is expected to see strong growth in the next few years. It will grow to $107.31 billion in 2030 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to global Decarbonization Mandates, Technological Breakthroughs in Low-Grade Heat, Shift to Decentralized Power & Microgrids, Emergence of Energy-as-a-Service (EaaS) Models, Targeted Government Incentives. Major trends in the forecast period include advanced ORC Dominance, Adoption of Modular, Compact Units, Integration with District Heating, Focus on Supercritical $\text{CO}_2$ Cycles, Cascade Heat Recovery Systems.

Customer representative image Book your 30 minutes free consultation with our research experts

Global Waste Heat Recovery Market Segmentation

1) By Technology: Heat Exchangers (Recuperators, Regenerators), Waste Heat Boilers, Organic Rankine Cycles (ORC), Turbocompounds

2) By Application: Pre-Heating, Electricity And Steam Generation, Steam Rankine Cycle

3) By End-Use Industry: Petroleum Refining, Chemical, Cement

Subsegments:

1) By Heat Exchangers: Shell & Tube, Plate Heat Exchangers, Plate-Fin Heat Exchangers, Air-Cooled Heat Exchangers, Heat Pipe Heat Exchangers

2) By Waste Heat Boilers: Fire-Tube, Water-Tube, Once-Through, Packaged Boilers

3) By Organic Rankine Cycle (ORC): Subcritical ORC, Supercritical ORC, Regenerative ORC, Two-Stage ORC

4) By Turbocompounds: Mechanical Turbocompound, Electrical Turbocompound, Hybrid Turbocompound

What Is The Driver Of The Waste Heat Recovery Market?

The increasing demand for environmental sustainability is expected to propel the growth of the waste heat recovery market going forward. Environmental sustainability refers to the responsible interaction with the environment to ensure that natural resources are preserved and maintained for current and future generations. The rise in awareness of environmental sustainability is due to stricter government regulations and policies as they enforce mandatory recycling standards and eco-friendly industrial practices. Waste heat recovery supports environmental sustainability by capturing and reusing excess heat from industrial processes and power generation. It reduces fuel consumption and greenhouse gas emissions, making operations more energy-efficient and eco-friendly. For instance, in October 2024, according to the United States Environmental Protection Agency, a US-based government agency, greenhouse gas emissions rose to 322 million metric tons in 2023, a 1.4% increase compared to 2022. Therefore, the increasing demand for environmental sustainability is driving the growth of the waste heat recovery industry.

Key Players In The Global Waste Heat Recovery Market

Major companies operating in the waste heat recovery market are Siemens Energy AG, GE Vernova LLC, Mitsubishi Heavy Industries Ltd, Carrier Global Corporation, IHI Corporation, Spirax-Sarco Engineering plc, John Cockerill Group, Bitzer SE, Kelvion Holding GmbH, Thermax Limited, Forbes Marshall Pvt. Ltd., Ormat Technologies Inc., Nooter/Eriksen Inc., TICA Thermal Technology Co. Ltd., Exodraft A/S, Kawasaki Heavy Industries Ltd., Echogen Power Systems LLC, Climeon AB, Enertime SA, Exchanger Industries Limited, Heliex Power Ltd., Orcan Energy AG

Global Waste Heat Recovery Market Trends and Insights

Major companies operating in the waste heat recovery market are focusing on developing advanced products, such as centrifugal heat pumps, to boost energy efficiency, enhance sustainability, and reduce operational costs and carbon emissions. Centrifugal heat pumps refer to advanced mechanisms that use a turbo-compressor to effectively upgrade and utilize low-temperature waste heat for high-temperature output. For instance, in October 2025, Mitsubishi Heavy Industries Thermal Systems Ltd., a Japan-based heating, ventilation, and air-conditioning (HVAC) systems company, launched the ETI-W, a centrifugal heat pump for the Japanese market. It is a high-capacity, high-efficiency heat pump featuring a turbo-compressor that can effectively utilize waste heat sources at approximately 65°C to produce hot water output at up to 95°C. It includes advanced operational functionality, enabling seamless integration into industrial processes without requiring major system changes. It also incorporates a single-stage compression cycle and a natural refrigerant (R-1233zd(E)), significantly reducing electricity consumption and greenhouse gas emissions for industrial users.

Need data on a specific region in this market?

What Are Latest Mergers And Acquisitions In The Waste Heat Recovery Market?

In November 2023, BITZER Group, a Germany-based refrigeration and HVAC solutions company, acquired BPOWER for an undisclosed amount. With this acquisition, BITZER expands into high-efficiency energy systems by integrating BPOWER’s modular power-generation expertise, enabling it to offer ORC waste-heat recovery solutions and strengthen its position in sustainable energy and industrial decarbonisation. BPOWER is a Czech Republic-based energy technology company specializing in ORC solutions that convert low-grade waste heat into usable electrical power.

Regional Insights

North America was the largest region in the waste heat recovery market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Waste Heat Recovery Market?

The waste heat recovery market consists of sales of waste heat recovery systems, heat exchangers, boilers, thermoelectric generators, boilers, economizers, and thermoelectric generators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Waste Heat Recovery Market Report 2026?

The waste heat recovery market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the waste heat recovery industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Girish Kavali

Waste Heat Recovery Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $76.31 billion
Revenue Forecast In 2035 $107.31 billion
Growth Rate CAGR of 9.2% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Technology, Application, End-Use Industry
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Siemens Energy AG, GE Vernova LLC, Mitsubishi Heavy Industries Ltd, Carrier Global Corporation, IHI Corporation, Spirax-Sarco Engineering plc, John Cockerill Group, Bitzer SE, Kelvion Holding GmbH, Thermax Limited, Forbes Marshall Pvt. Ltd., Ormat Technologies Inc., Nooter/Eriksen Inc., TICA Thermal Technology Co. Ltd., Exodraft A/S, Kawasaki Heavy Industries Ltd., Echogen Power Systems LLC, Climeon AB, Enertime SA, Exchanger Industries Limited, Heliex Power Ltd., Orcan Energy AG
Customization Scope Request for Customization
Pricing And Purchase Options Explore Purchase Options
Market Size Value In 2026 $76.31 billion
Revenue Forecast In 2035 $107.31 billion
Growth Rate CAGR of 9.2% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Technology, Application, End-Use Industry
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Siemens Energy AG, GE Vernova LLC, Mitsubishi Heavy Industries Ltd, Carrier Global Corporation, IHI Corporation, Spirax-Sarco Engineering plc, John Cockerill Group, Bitzer SE, Kelvion Holding GmbH, Thermax Limited, Forbes Marshall Pvt. Ltd., Ormat Technologies Inc., Nooter/Eriksen Inc., TICA Thermal Technology Co. Ltd., Exodraft A/S, Kawasaki Heavy Industries Ltd., Echogen Power Systems LLC, Climeon AB, Enertime SA, Exchanger Industries Limited, Heliex Power Ltd., Orcan Energy AG
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Waste Heat Recovery Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Waste Heat Recovery Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Waste Heat Recovery Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Waste Heat Recovery Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Autonomous Systems, Robotics & Smart Mobility

4.1.2 Artificial Intelligence & Autonomous Intelligence

4.1.3 Internet Of Things (Iot), Smart Infrastructure & Connected Ecosystems

4.1.4 Digitalization, Cloud, Big Data & Cybersecurity

4.1.5 Electric Mobility & Transportation Electrification

4.2. Major Trends

4.2.1 Increasing Deployment Of High Performance Edge Computing For Real Time Av Decision Making

4.2.2 Growing Integration Of Multi Sensor Fusion At The Vehicle Edge

4.2.3 Rising Demand For Low Latency Ai Inference Without Cloud Dependency

4.2.4 Expansion Of Modular And Scalable Edge Compute Architectures For Av Platforms

4.2.5 Higher Focus On Cybersecurity And Functional Safety At The Vehicle Compute Layer

5. Waste Heat Recovery Market Analysis Of End Use Industries

5.1 Petroleum Refining

5.2 Chemical Industry

5.3 Cement Industry

5.4 Power Generation Facilities

5.5 Other End-Users

6. Waste Heat Recovery Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Waste Heat Recovery Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Waste Heat Recovery PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Waste Heat Recovery Market Size, Comparisons And Growth Rate Analysis

7.3. Global Waste Heat Recovery Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Waste Heat Recovery Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Waste Heat Recovery Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Waste Heat Recovery Market Segmentation

9.1. Global Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Heat Exchangers (Recuperators, Regenerators), Waste Heat Boilers, Organic Rankine Cycles (ORC), Turbocompounds

9.2. Global Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Pre-Heating, Electricity And Steam Generation, Steam Rankine Cycle

9.3. Global Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Petroleum Refining, Chemical, Cement

9.4. Global Waste Heat Recovery Market, Sub-Segmentation Of Heat Exchangers, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Shell & Tube, Plate Heat Exchangers, Plate-Fin Heat Exchangers, Air-Cooled Heat Exchangers, Heat Pipe Heat Exchangers

9.5. Global Waste Heat Recovery Market, Sub-Segmentation Of Waste Heat Boilers, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Fire-Tube, Water-Tube, Once-Through, Packaged Boilers

9.6. Global Waste Heat Recovery Market, Sub-Segmentation Of Organic Rankine Cycle (ORC), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Subcritical ORC, Supercritical ORC, Regenerative ORC, Two-Stage ORC

9.7. Global Waste Heat Recovery Market, Sub-Segmentation Of Turbocompounds, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Mechanical Turbocompound, Electrical Turbocompound, Hybrid Turbocompound

10. Waste Heat Recovery Market Regional And Country Analysis

10.1. Global Waste Heat Recovery Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Waste Heat Recovery Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Waste Heat Recovery Market

11.1. Asia-Pacific Waste Heat Recovery Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Waste Heat Recovery Market

12.1. China Waste Heat Recovery Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Waste Heat Recovery Market

13.1. India Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Waste Heat Recovery Market

14.1. Japan Waste Heat Recovery Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Waste Heat Recovery Market

15.1. Australia Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Waste Heat Recovery Market

16.1. Indonesia Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Waste Heat Recovery Market

17.1. South Korea Waste Heat Recovery Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Waste Heat Recovery Market

18.1. Taiwan Waste Heat Recovery Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Waste Heat Recovery Market

19.1. South East Asia Waste Heat Recovery Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Waste Heat Recovery Market

20.1. Western Europe Waste Heat Recovery Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Waste Heat Recovery Market

21.1. UK Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Waste Heat Recovery Market

22.1. Germany Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Waste Heat Recovery Market

23.1. France Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Waste Heat Recovery Market

24.1. Italy Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Waste Heat Recovery Market

25.1. Spain Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Waste Heat Recovery Market

26.1. Eastern Europe Waste Heat Recovery Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Waste Heat Recovery Market

27.1. Russia Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Waste Heat Recovery Market

28.1. North America Waste Heat Recovery Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Waste Heat Recovery Market

29.1. USA Waste Heat Recovery Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Waste Heat Recovery Market

30.1. Canada Waste Heat Recovery Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Waste Heat Recovery Market

31.1. South America Waste Heat Recovery Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Waste Heat Recovery Market

32.1. Brazil Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Waste Heat Recovery Market

33.1. Middle East Waste Heat Recovery Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Waste Heat Recovery Market

34.1. Africa Waste Heat Recovery Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Waste Heat Recovery Market, Segmentation By Technology, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Waste Heat Recovery Market Regulatory and Investment Landscape

36. Waste Heat Recovery Market Competitive Landscape And Company Profiles

36.1. Waste Heat Recovery Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Waste Heat Recovery Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Waste Heat Recovery Market Company Profiles

36.3.1. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis

36.3.2. GE Vernova LLC Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Mitsubishi Heavy Industries Ltd Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Carrier Global Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.5. IHI Corporation Overview, Products and Services, Strategy and Financial Analysis

37. Waste Heat Recovery Market Other Major And Innovative Companies

Spirax-Sarco Engineering plc, John Cockerill Group, Bitzer SE, Kelvion Holding GmbH, Thermax Limited, Forbes Marshall Pvt. Ltd., Ormat Technologies Inc., Nooter/Eriksen Inc., TICA Thermal Technology Co. Ltd., Exodraft A/S, Kawasaki Heavy Industries Ltd., Echogen Power Systems LLC, Climeon AB, Enertime SA, Exchanger Industries Limited

38. Global Waste Heat Recovery Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Waste Heat Recovery Market

40. Waste Heat Recovery Market High Potential Countries, Segments and Strategies

40.1 Waste Heat Recovery Market In 2030 - Countries Offering Most New Opportunities

40.2 Waste Heat Recovery Market In 2030 - Segments Offering Most New Opportunities

40.3 Waste Heat Recovery Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Waste Heat Recovery Market, Overview Of Key Products - Product Examples
  • Table 2: Global Waste Heat Recovery Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Waste Heat Recovery Market, Supply Chain Analysis
  • Table 4: Global Waste Heat Recovery Market, Major Raw Material Providers
  • Table 5: Global Waste Heat Recovery Market, Major Resource Providers
  • Table 6: Global Waste Heat Recovery Market, Major Manufacturers (Suppliers)
  • Table 7: Global Waste Heat Recovery Market, Major Distributors And Channel Partners
  • Table 8: Global Waste Heat Recovery Market, Key Technologies & Future Trends
  • Table 9: Global Waste Heat Recovery Market, Major Trends
  • Table 10: Global Waste Heat Recovery Market, Major End Users
  • Table 11: Global Waste Heat Recovery Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Waste Heat Recovery Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Waste Heat Recovery Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Waste Heat Recovery Market - TAM, US$ Billion, 2025
  • Table 15: Global Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Waste Heat Recovery Market, Sub-Segmentation Of Heat Exchangers, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Waste Heat Recovery Market, Sub-Segmentation Of Waste Heat Boilers, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Waste Heat Recovery Market, Sub-Segmentation Of Organic Rankine Cycle (ORC), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Waste Heat Recovery Market, Sub-Segmentation Of Turbocompounds, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Waste Heat Recovery Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Waste Heat Recovery Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Asia-Pacific, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Asia-Pacific, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Asia-Pacific, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: China, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: China, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: China, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: India, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: India, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: India, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: Japan, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: Japan, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Japan, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Australia, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Australia, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Australia, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Indonesia, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Indonesia, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Indonesia, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: South Korea, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: South Korea, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: South Korea, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: Taiwan, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: Taiwan, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Taiwan, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: South East Asia, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: South East Asia, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South East Asia, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: Western Europe, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: Western Europe, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Western Europe, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: UK, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: UK, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: UK, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: Germany, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: Germany, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Germany, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: France, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: France, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: France, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: Italy, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: Italy, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Italy, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Spain, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Spain, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Spain, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Eastern Europe, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Eastern Europe, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Eastern Europe, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Russia, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Russia, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Russia, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: North America, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: North America, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: North America, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: USA, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: USA, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: USA, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: Canada, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: Canada, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: Canada, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: South America, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: South America, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: South America, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: Brazil, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: Brazil, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Brazil, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Middle East, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Middle East, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Middle East, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Africa, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Africa, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Africa, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Global Waste Heat Recovery Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 97: Global Waste Heat Recovery Market - Company Scoring Matrix
  • Table 98: Siemens Energy AG Financial Performance
  • Table 99: GE Vernova LLC Financial Performance
  • Table 100: Mitsubishi Heavy Industries Ltd Financial Performance
  • Table 101: Carrier Global Corporation Financial Performance
  • Table 102: IHI Corporation Financial Performance
  • Table 103: Global Waste Heat Recovery Market, Competitive Benchmarking (In USD Billions)
  • Table 104: Global Waste Heat Recovery Market, Competitive Dashboard
  • Table 105: Global Waste Heat Recovery Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 106: Global, Waste Heat Recovery Market Size Gain ($ Billion), Segmentation By Technology, 2025 – 2030
  • Table 107: Global, Waste Heat Recovery Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030
  • Table 108: Global, Waste Heat Recovery Market Size Gain ($ Billion), Segmentation By End-Use Industry, 2025 – 2030

List Of Figures

    Figure 1: Global Waste Heat Recovery Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Waste Heat Recovery Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Waste Heat Recovery Market, Supply Chain Analysis
  • Figure 4: Global Waste Heat Recovery Market, Major Raw Material Providers
  • Figure 5: Global Waste Heat Recovery Market, Major Resource Providers
  • Figure 6: Global Waste Heat Recovery Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Waste Heat Recovery Market, Major Distributors And Channel Partners
  • Figure 8: Global Waste Heat Recovery Market, Key Technologies & Future Trends
  • Figure 9: Global Waste Heat Recovery Market, Major Trends
  • Figure 10: Global Waste Heat Recovery Market, Major End Users
  • Figure 11: Global Waste Heat Recovery Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Waste Heat Recovery Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Waste Heat Recovery Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Waste Heat Recovery Market - TAM, US$ Billion, 2025
  • Figure 15: Global Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Waste Heat Recovery Market, Sub-Segmentation Of Heat Exchangers, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Waste Heat Recovery Market, Sub-Segmentation Of Waste Heat Boilers, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Waste Heat Recovery Market, Sub-Segmentation Of Organic Rankine Cycle (ORC), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Waste Heat Recovery Market, Sub-Segmentation Of Turbocompounds, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Waste Heat Recovery Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Waste Heat Recovery Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Asia-Pacific, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Asia-Pacific, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Asia-Pacific, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: China, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: China, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: China, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: India, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: India, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: India, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: Japan, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: Japan, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Japan, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Australia, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Australia, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Australia, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Indonesia, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Indonesia, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Indonesia, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: South Korea, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: South Korea, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: South Korea, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: Taiwan, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: Taiwan, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Taiwan, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: South East Asia, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: South East Asia, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South East Asia, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: Western Europe, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: Western Europe, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Western Europe, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: UK, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: UK, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: UK, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: Germany, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: Germany, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Germany, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: France, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: France, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: France, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: Italy, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: Italy, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Italy, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Spain, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Spain, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Spain, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Eastern Europe, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Eastern Europe, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Eastern Europe, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Russia, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Russia, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Russia, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: North America, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: North America, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: North America, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: USA, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: USA, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: USA, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: Canada, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: Canada, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: Canada, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: South America, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: South America, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: South America, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: Brazil, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: Brazil, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Brazil, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Middle East, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Middle East, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Middle East, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Africa, Waste Heat Recovery Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Africa, Waste Heat Recovery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Africa, Waste Heat Recovery Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Global Waste Heat Recovery Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 97: Global Waste Heat Recovery Market - Company Scoring Matrix
  • Figure 98: Siemens Energy AG Financial Performance
  • Figure 99: GE Vernova LLC Financial Performance
  • Figure 100: Mitsubishi Heavy Industries Ltd Financial Performance
  • Figure 101: Carrier Global Corporation Financial Performance
  • Figure 102: IHI Corporation Financial Performance
  • Figure 103: Global Waste Heat Recovery Market, Competitive Benchmarking (In USD Billions)
  • Figure 104: Global Waste Heat Recovery Market, Competitive Dashboard
  • Figure 105: Global Waste Heat Recovery Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 106: Global, Waste Heat Recovery Market Size Gain ($ Billion), Segmentation By Technology, 2025 – 2030
  • Figure 107: Global, Waste Heat Recovery Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030
  • Figure 108: Global, Waste Heat Recovery Market Size Gain ($ Billion), Segmentation By End-Use Industry, 2025 – 2030

Frequently Asked Questions

The Waste Heat Recovery Market Report 2026 market was valued at $69.90 billion in 2025, increased to $76.31 billion in 2026, and is projected to reach $107.31 billion by 2030. request a sample here

The expected CAGR for the Waste Heat Recovery market during the forecast period 2025–2030 is 8.9%. request a sample here

Major growth driver of the market includes: The increasing demand for environmental sustainability is expected to propel the growth of the waste heat recovery market going forward. Environmental sustainability refers to the responsible interaction with the environment to ensure that natural resources are preserved and maintained for current and future generations. The rise in awareness of environmental sustainability is due to stricter government regulations and policies as they enforce mandatory recycling standards and eco-friendly industrial practices. Waste heat recovery supports environmental sustainability by capturing and reusing excess heat from industrial processes and power generation. It reduces fuel consumption and greenhouse gas emissions, making operations more energy-efficient and eco-friendly. For instance, in October 2024, according to the United States Environmental Protection Agency, a US-based government agency, greenhouse gas emissions rose to 322 million metric tons in 2023, a 1.4% increase compared to 2022. Therefore, the increasing demand for environmental sustainability is driving the growth of the waste heat recovery market. in the Waste Heat Recovery market. For further insights on this market, request a sample here

The waste heat recovery market covered in this report is segmented –
1) By Technology: Heat Exchangers (Recuperators, Regenerators), Waste Heat Boilers, Organic Rankine Cycles (ORC), Turbocompounds
2) By Application: Pre-Heating, Electricity And Steam Generation, Steam Rankine Cycle
3) By End-Use Industry: Petroleum Refining, Chemical, Cement Subsegments:
1) By Heat Exchangers: Shell & Tube, Plate Heat Exchangers, Plate-Fin Heat Exchangers, Air-Cooled Heat Exchangers, Heat Pipe Heat Exchangers
2) By Waste Heat Boilers: Fire-Tube, Water-Tube, Once-Through, Packaged Boilers
3) By Organic Rankine Cycle (ORC): Subcritical ORC, Supercritical ORC, Regenerative ORC, Two-Stage ORC
4) By Turbocompounds: Mechanical Turbocompound, Electrical Turbocompound, Hybrid Turbocompound
request a sample here

Major trend in this market includes: ETI-W Heat Pump Introduced To Enhance Energy Efficiency And Sustainability For further insights on this market, request a sample here.

Major companies operating in the Waste Heat Recovery market are Major companies operating in the waste heat recovery market are Siemens Energy AG, GE Vernova LLC, Mitsubishi Heavy Industries Ltd, Carrier Global Corporation, IHI Corporation, Spirax-Sarco Engineering plc, John Cockerill Group, Bitzer SE, Kelvion Holding GmbH, Thermax Limited, Forbes Marshall Pvt. Ltd., Ormat Technologies Inc., Nooter/Eriksen Inc., TICA Thermal Technology Co. Ltd., Exodraft A/S, Kawasaki Heavy Industries Ltd., Echogen Power Systems LLC, Climeon AB, Enertime SA, Exchanger Industries Limited, Heliex Power Ltd., Orcan Energy AG request a sample here.

North America was the largest region in the waste heat recovery market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waste heat recovery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. request a sample here.

Customer representative image Book your 30 minutes free consultation with our research experts