Waste Heat Recovery System Market by Application (Preheating and Steam & Electricity Generation), End-Use Industry (Petroleum Refining, Metal Production, Cement, Chemicals, Pulp & Paper), and Region - Global Forecast to 2027

Abstract
The global WHRS market size is expected to grow from USD 72.5 Billion in 2022 to USD 102.1 Billion by 2027 at a compound annual growth rate (CAGR) of 7.1% during the forecast period. WHRS is all about the technologies, best practices, and processes implemented by companies to make processes more energy-efficient and reduce the environmental impact associated with the waste heat. Some key benefits of WHRS include power reduction, fuel and maintenance reduction, emission reduction.

The development of cutting-edge WHRS technologies seeks to boost both the economic and environmental performance of the waste heat recovery industry. The government has launched a variety of initiatives and laws to promote the use of clean and efficient energy technologies, such as waste heat recovery systems. The EU encourages Member States to implement waste heat recovery solutions by promoting best practices and providing incentives.

Countries have either directly or indirectly aided in the recovery and utilisation of waste heat. Heat planning regulation, taxation, subsidies, heat pricing regulation, a ban on electrical heating, and a district cooling law are all in place in Denmark to assist WHRS. In Italy, the Italian Energy Management Authority (ARERA) has included Waste Heat Recovery in the white certificate program from 2011 with the EEN 9-11, enabling a 5-year advantage.

“By application, Steam & electricity generation anticipated in order to record high ranking market share of 57.4% in 2021”

The WHRS are used in a variety of sectors to generate steam and electricity. Companies can considerably lower their energy expenditures by adopting these WHRS systems to generate steam or electricity. The increased demand for energy, as well as the emphasis on making operations more energy efficient, is driving the market for WHRS in steam and power production applications in sectors such as metal manufacturing, chemical, petroleum refining, and cement.

Steam is a popular way to utilise recovered waste heat. It is generated as a result of boiler combustion or as a byproduct of an industrial plant. Because steam generation from waste heat sources is crucial to a variety of end-use industries, it is an important WHRS application. One of the advantages of steam generating is its great heat capacity and adaptability. However, if the boiler and distribution system are inefficient, steam generation might be costly. When waste heat steam is used for industrial purposes, it significantly reduces the amount of fuel needed. The heat from exhaust gas can be used to produce heat, but only if the heat amount, temperature range, working time, and other parameters are suitable.

Recycled waste heat from various sources is used to generate mechanical energy that powers an electric generator to produce electricity. There are power cycles for generating electricity, such as the steam rankine, ORC, and kalina cycles; however, new technologies such as thermoelectric and piezoelectric generation are now being investigated, which can produce electricity directly from heat. It is essential to understand the thermodynamic constraints on power generation at various temperatures when generating electricity from WHR.

The temperature of the waste heat source shows the efficiency of power generation. Even though electricity generated employing waste heat is limited to medium- to high-temperature waste heat sources, the development of alternate power cycles may increase the viability of generation at low temperatures. These systems are cost-effective when it comes to collecting a significant amount of energy from waste heat, but their efficiency suffers at these temperatures.

“Europe region is predicted as the largest-growing region in the WHRS market”

In terms of value, the market in Europe is estimated to grow at the CAGR of 4.9% between 2022 and 2027, to reach USD 34.8 Billion by 2027. In terms of value, the Germany was the largest market for WHRS in Europe in 2021. The market in the Germany is estimated to grow at a CAGR of 4.5% between 2022 and 2027, in terms of value.
During the forecast period, Europe is expected to dominate the global WHRS market. Because of the growth of sustainable practises in countries such as Germany, Russia, France, the U.k., and the rest of Europe, the region has emerged as the largest consumer and promoter of WHRS practises. The desire to protect the environment through better technology is expected to drive the WHRS market in this region.

Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments and information was gathered through secondary research.

The break-up of primary interviews is given below:
By Company type: Tier1:50% Tier2:40% Tier3:10%
By Designation: Managers: 30% C-level executives: 50% Others: 20%
By region: North America: 10% Europe: 20% APAC: 50% Middle East &Africa: 10% South America: 10%
Notes: Others include sales, marketing, and product managers.

Tier 1: >USD 1 Billion; Tier 2: USD 500 million–1 Billion; and Tier 3: The companies profiled in this market research report include are ABB Ltd. (Switzerland), Wood (John Wood Group Plc) (UK), Ormat Technologies Inc. (U.S.), General Electric Co. (US), Mitsubishi Heavy Industries Ltd. (Japan), Echogen Power Systems Inc. (US), Econotherm Ltd. (UK), Thermax Limited (India), Siemens AG (Germany), Cool Energy Inc. (Colorado) among others.

Research Coverage:
This research report categorizes the WHRS market on the basis of application and region. The report includes detailed information regarding the major factors influencing the growth of the WHRS market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, expansions, new product developments, and recent developments associated with the market.

Reasons to Buy the Report
The report will help market leaders/new entrants in this market in the following ways:
1.This report segments the WHRS market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.
2.The report will help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.
3.This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, new product developments, and joint ventures.

Content
Table of Contents

1INTRODUCTION30
1.1STUDY OBJECTIVES30
1.2MARKET DEFINITION30
1.2.1INCLUSIONS AND EXCLUSIONS31
TABLE 1END-USE INDUSTRIES CONSIDERED IN REPORT31
1.3STUDY SCOPE31
FIGURE 1WASTE HEAT RECOVERY SYSTEM MARKET SEGMENTATION31
1.3.1REGIONS COVERED32
1.4YEARS CONSIDERED32
1.5CURRENCY CONSIDERED33
1.6LIMITATIONS33
1.7STAKEHOLDERS33
1.8SUMMARY OF CHANGES33
2RESEARCH METHODOLOGY34
2.1RESEARCH DATA34
FIGURE 2WASTE HEAT RECOVERY SYSTEM MARKET: RESEARCH DESIGN34
2.1.1SECONDARY DATA34
2.1.1.1Key data from secondary sources35
2.1.2PRIMARY DATA35
2.1.2.1Key data from primary sources36
2.1.2.2Key industry insights36
2.1.2.3Breakdown of primary interviews37
FIGURE 3BREAKDOWN OF PRIMARY INTERVIEWS37
2.2MARKET SIZE ESTIMATION37
FIGURE 4MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH38
FIGURE 5MARKET SIZE ESTIMATION: TOP-DOWN APPROACH38
2.3DATA TRIANGULATION39
FIGURE 6WASTE HEAT RECOVERY SYSTEM MARKET: DATA TRIANGULATION39
2.4RESEARCH ASSUMPTIONS40
2.5RESEARCH LIMITATIONS40
2.6GROWTH RATE ASSUMPTIONS40
2.7RECESSION IMPACT41
3EXECUTIVE SUMMARY42
FIGURE 7STEAM & ELECTRICITY GENERATION APPLICATION DOMINATED WASTE HEAT RECOVERY SYSTEM MARKET IN 202142
FIGURE 8PETROLEUM REFINING WAS LARGEST END-USE INDUSTRY OF WASTE HEAT RECOVERY SYSTEMS IN 202143
FIGURE 9EUROPE WAS LARGEST WASTE HEAT RECOVERY SYSTEM MARKET IN 202144
4PREMIUM INSIGHTS45
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN WASTE HEAT RECOVERY SYSTEM MARKET45
FIGURE 10INCREASING DEMAND FROM END-USE INDUSTRIES TO DRIVE MARKET45
4.2EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET, BY COUNTRY AND APPLICATION, 202145
FIGURE 11GERMANY AND STEAM & ELECTRICITY GENERATION SEGMENT ACCOUNTED FOR LARGEST SHARES45
4.3WASTE HEAT RECOVERY SYSTEM MARKET, BY END-USE INDUSTRY46
FIGURE 12PETROLEUM REFINING SEGMENT TO REGISTER FASTEST GROWTH BETWEEN 2022 AND 202746
4.4WASTE HEAT RECOVERY SYSTEM MARKET, BY APPLICATION46
FIGURE 13PREHEATING TO REGISTER HIGHEST CAGR BETWEEN 2022 AND 202746
4.5WASTE HEAT RECOVERY SYSTEM MARKET, BY KEY COUNTRIES47
FIGURE 14CHINA TO BE FASTEST-GROWING MARKET47
5MARKET OVERVIEW48
5.1INTRODUCTION48
5.2MARKET DYNAMICS48
FIGURE 15DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN WASTE HEAT RECOVERY SYSTEM MARKET49
5.2.1DRIVERS49
5.2.1.1Increasing need for energy-efficient systems49
5.2.1.2Growing environmental concerns50
5.2.2RESTRAINTS50
5.2.2.1High capital investment50
5.2.3OPPORTUNITIES50
5.2.3.1Increasing demand for waste heat recovery systems in preheating segment50
5.2.3.2Rise in government incentives and emerging waste heat recovery system technologies51
5.2.4CHALLENGES51
5.2.4.1Issues associated with waste heat recovery systems51
6INDUSTRY TRENDS52
6.1PORTER’S FIVE FORCES ANALYSIS52
FIGURE 16PORTER’S FIVE FORCES ANALYSIS OF WASTE HEAT RECOVERY SYSTEM MARKET52
TABLE 2IMPACT OF PORTER’S FIVE FORCES ON WASTE HEAT RECOVERY SYSTEM MARKET53
6.1.1THREAT OF NEW ENTRANTS53
6.1.2THREAT OF SUBSTITUTES53
6.1.3BARGAINING POWER OF SUPPLIERS53
6.1.4BARGAINING POWER OF BUYERS54
6.1.5INTENSITY OF COMPETITIVE RIVALRY54
6.2SUPPLY CHAIN ANALYSIS54
6.3TRADE ANALYSIS55
TABLE 3BOILER, STEAM, OR OTHER VAPOR GENERATING (OTHER THAN CENTRAL HEATING HOT WATER BOILERS, ALSO CAPABLE OF PRODUCING LOW PRESSURE STEAM) SUPERHEATED WATER BOILER (8402) IMPORTS, BY COUNTRY, 202155
TABLE 4BOILER, STEAM, OR OTHER VAPOR GENERATING (OTHER THAN CENTRAL HEATING HOT WATER BOILERS, ALSO CAPABLE OF PRODUCING LOW PRESSURE STEAM) SUPERHEATED WATER BOILER (8402) EXPORTS, BY COUNTRY 202156
TABLE 5HEAT EXCHANGE UNIT (NOT USED FOR DOMESTIC PURPOSES) (841950) IMPORTS, BY COUNTRY, 202156
TABLE 6HEAT EXCHANGE UNIT (NOT USED FOR DOMESTIC PURPOSES) (841950) EXPORTS, BY COUNTRY, 202157
TABLE 7TURBINE, STEAM, AND OTHER VAPOR TURBINE (8406) IMPORTS, BY COUNTRY, 202158
TABLE 8TURBINE, STEAM, AND OTHER VAPOR TURBINE (8406) EXPORTS, BY COUNTRY, 202158
6.4TECHNOLOGY ANALYSIS59
6.5REGULATORY LANDSCAPE60
TABLE 9REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS60
6.6CASE STUDIES61
TABLE 10MULTI-STAGE HEAT RECOVERY SYSTEMS FOR ENHANCED SAVINGS61
TABLE 11WASTE HEAT RECOVERY IN SINTER PLANTS FOR ENERGY EFFICIENCY61
6.7TRENDS/DISRUPTIONS IMPACTING BUYERS/CUSTOMERS61
FIGURE 17SHIFT FROM TRADITIONAL RAW MATERIALS TO SUSTAINABLE ONES62
6.8KEY CONFERENCES AND EVENTS, 2022–202362
TABLE 12WASTE HEAT RECOVERY SYSTEM MARKET: KEY CONFERENCES AND EVENTS, 2022–202362
6.9PRICING ANALYSIS63
6.9.1CHANGES IN PRICING IN 202163
6.10ECOSYSTEM MAP64
FIGURE 18ECOSYSTEM MAP64
6.11PATENT ANALYSIS64
6.11.1INTRODUCTION64
6.11.2METHODOLOGY64
6.11.3DOCUMENT TYPE65
FIGURE 19DOCUMENT TYPE, 2018–202265
FIGURE 20PUBLICATION TRENDS, 2018–202265
6.11.4INSIGHTS65
FIGURE 21JURISDICTION ANALYSIS, 2018–202266
6.11.5TOP APPLICANTS66
FIGURE 22TOP APPLICANTS, BY NUMBER OF PATENTS, 2018–202266
TABLE 13LIST OF PATENTS67
7WASTE HEAT RECOVERY SYSTEM MARKET, BY APPLICATION68
7.1INTRODUCTION69
FIGURE 23WASTE HEAT RECOVERY SYSTEM MARKET, BY APPLICATION69
TABLE 14WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITIES AT LOW TEMPERATURES (<230°C/446°F)70
TABLE 15WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITIES AT MEDIUM TEMPERATURES (230°C–650°C/446-1,202°F)70
TABLE 16WASTE HEAT SOURCES AND RELATED RECOVERY OPPORTUNITIES AT HIGH TEMPERATURES (>650°C/1,202°F)71
FIGURE 24STEAM & ELECTRICITY GENERATION TO BE LARGEST APPLICATION SEGMENT72
TABLE 17WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)72
TABLE 18WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)72
7.2PREHEATING73
TABLE 19WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PREHEATING APPLICATION, BY REGION, 2017–2020 (USD MILLION)73
TABLE 20WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PREHEATING APPLICATION, BY REGION, 2021–2027 (USD MILLION)73
7.3STEAM & ELECTRICITY GENERATION74
7.3.1STEAM GENERATION74
7.3.2ELECTRICITY GENERATION74
7.3.2.1Steam Rankine cycle74
7.3.2.2Organic Rankine cycle (ORC)75
7.3.2.3Kalina cycle75
TABLE 21WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN STEAM & ELECTRICITY GENERATION APPLICATION, BY REGION, 2017–2020 (USD MILLION)75
TABLE 22WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN STEAM & ELECTRICITY GENERATION APPLICATION, BY REGION, 2021–2027 (USD MILLION)75
7.4OTHERS76
TABLE 23WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION)76
TABLE 24WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2021–2027 (USD MILLION)76
8WASTE HEAT RECOVERY SYSTEM MARKET, BY END-USE INDUSTRY77
8.1INTRODUCTION78
FIGURE 25PETROLEUM REFINING END-USE INDUSTRY TO LEAD MARKET BETWEEN 2022 AND 202778
TABLE 25WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)78
TABLE 26WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)79
8.2PETROLEUM REFINING79
TABLE 27WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PETROLEUM REFINING END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)79
TABLE 28WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PETROLEUM REFINING END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION)80
8.3METAL PRODUCTION80
TABLE 29WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN METAL PRODUCTION END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)80
TABLE 30WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN METAL PRODUCTION END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION)81
8.4CEMENT81
TABLE 31WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN CEMENT END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)81
TABLE 32WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN CEMENT END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION)82
8.5CHEMICALS82
TABLE 33WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN CHEMICALS END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)83
TABLE 34WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN CHEMICALS END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION)83
8.6PULP & PAPER83
TABLE 35WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PULP & PAPER END-USE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)84
TABLE 36WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN PULP & PAPER END-USE INDUSTRY, BY REGION, 2021–2027 (USD MILLION)84
8.7OTHERS84
TABLE 37WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2020 (USD MILLION)84
TABLE 38WASTE HEAT RECOVERY SYSTEM MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2027 (USD MILLION)85
9REGIONAL ANALYSIS86
9.1INTRODUCTION87
FIGURE 26CHINA TO BE FASTEST-GROWING MARKET87
TABLE 39WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)88
TABLE 40WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)88
9.2NORTH AMERICA88
9.2.1NORTH AMERICA: RECESSION IMPACT89
TABLE 41NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)89
TABLE 42NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)89
TABLE 43NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)90
TABLE 44NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)90
TABLE 45NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)90
TABLE 46NORTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)91
9.2.2US91
9.2.2.1Largest producer and user of energy in world91
TABLE 47US: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)92
TABLE 48US: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)92
TABLE 49US: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)92
TABLE 50US: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)93
9.2.3CANADA93
9.2.3.1Market characterized by strict emission laws93
TABLE 51CANADA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)93
TABLE 52CANADA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)94
TABLE 53CANADA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)94
TABLE 54CANADA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)94
9.2.4MEXICO95
9.2.4.1Fastest-growing market in region95
TABLE 55MEXICO: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)95
TABLE 56MEXICO: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)95
TABLE 57MEXICO: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)96
TABLE 58MEXICO: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)96
9.3EUROPE96
9.3.1EUROPE: RECESSION IMPACT97
FIGURE 27EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SNAPSHOT98
TABLE 59EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)99
TABLE 60EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)99
TABLE 61EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)100
TABLE 62EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)100
TABLE 63EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)100
TABLE 64EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)101
9.3.2GERMANY101
9.3.2.1Major exporter of machinery, vehicles, and chemicals101
TABLE 65GERMANY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)101
TABLE 66GERMANY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)102
TABLE 67GERMANY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)102
TABLE 68GERMANY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)102
9.3.3ITALY103
9.3.3.1Third-largest manufacturer of chemicals in Europe103
TABLE 69ITALY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)103
TABLE 70ITALY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)103
TABLE 71ITALY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)104
TABLE 72ITALY: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)104
9.3.4FRANCE104
9.3.4.1Focused on sustainability and energy efficiency to address environmental concerns104
TABLE 73FRANCE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)105
TABLE 74FRANCE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)105
TABLE 75FRANCE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)105
TABLE 76FRANCE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)106
9.3.5UK106
9.3.5.1Promising market for waste heat recovery systems106
TABLE 77UK: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)106
TABLE 78UK: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)106
TABLE 79UK: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)107
TABLE 80UK: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)107
9.3.6BELGIUM107
9.3.6.1EPC program to encourage installation of waste heat recovery systems107
TABLE 81BELGIUM: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)108
TABLE 82BELGIUM: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)108
TABLE 83BELGIUM: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)108
TABLE 84BELGIUM: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)109
9.3.7SWEDEN109
9.3.7.1Committed to undertaking energy-saving initiatives109
TABLE 85SWEDEN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)109
TABLE 86SWEDEN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)110
TABLE 87SWEDEN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)110
TABLE 88SWEDEN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)110
9.3.8RUSSIA111
9.3.8.1Focused on energy conservation111
TABLE 89RUSSIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)111
TABLE 90RUSSIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)111
TABLE 91RUSSIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)112
TABLE 92RUSSIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)112
9.3.9POLAND112
9.3.9.1Aimed at reducing greenhouse gas emissions112
TABLE 93POLAND: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)113
TABLE 94POLAND: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)113
TABLE 95POLAND: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)113
TABLE 96POLAND: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)114
9.3.10SPAIN114
9.3.10.1Focused on transitioning to low-carbon economy114
TABLE 97SPAIN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)114
TABLE 98SPAIN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)115
TABLE 99SPAIN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)115
TABLE 100SPAIN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)115
9.3.11REST OF EUROPE116
TABLE 101REST OF EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)116
TABLE 102REST OF EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)116
TABLE 103REST OF EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)117
TABLE 104REST OF EUROPE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)117
9.4ASIA PACIFIC117
9.4.1ASIA PACIFIC: RECESSION IMPACT118
FIGURE 28ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SNAPSHOT119
TABLE 105ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)119
TABLE 106ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)120
TABLE 107ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)120
TABLE 108ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)120
TABLE 109ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)121
TABLE 110ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)121
9.4.2CHINA121
9.4.2.1Largest market in Asia Pacific121
TABLE 111CHINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)122
TABLE 112CHINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)122
TABLE 113CHINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)122
TABLE 114CHINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)123
9.4.3INDIA123
9.4.3.1Promising market for waste heat recovery system technology123
TABLE 115INDIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)123
TABLE 116INDIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)124
TABLE 117INDIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)124
TABLE 118INDIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)124
9.4.4JAPAN125
9.4.4.1Energy Conservation Act mandates major firms to employ energy-saving measures125
TABLE 119JAPAN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)125
TABLE 120JAPAN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)125
TABLE 121JAPAN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)126
TABLE 122JAPAN: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)126
9.4.5SOUTH KOREA126
9.4.5.1Renewable Energy 3020 to boost use of renewable energy sources126
TABLE 123SOUTH KOREA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)127
TABLE 124SOUTH KOREA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)127
TABLE 125SOUTH KOREA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)127
TABLE 126SOUTH KOREA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)128
9.4.6INDONESIA128
9.4.6.1Renewable Portfolio Standard mandates electricity retailers to source power from renewable sources128
TABLE 127INDONESIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)129
TABLE 128INDONESIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)129
TABLE 129INDONESIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)129
TABLE 130INDONESIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)130
9.4.7REST OF ASIA PACIFIC130
TABLE 131REST OF ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)130
TABLE 132REST OF ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)131
TABLE 133REST OF ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)131
TABLE 134REST OF ASIA PACIFIC: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)131
9.5MIDDLE EAST & AFRICA132
9.5.1MIDDLE EAST & AFRICA: RECESSION IMPACT132
TABLE 135MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)132
TABLE 136MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)132
TABLE 137MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)133
TABLE 138MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)133
TABLE 139MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)133
TABLE 140MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)134
9.5.2KINGDOM OF SAUDI ARABIA (KSA)134
9.5.2.1Energy Efficiency and Renewable Energy Initiative to promote use of energy-efficient technologies134
TABLE 141KINGDOM OF SAUDI ARABIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)135
TABLE 142KINGDOM OF SAUDI ARABIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)135
TABLE 143KINGDOM OF SAUDI ARABIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)135
TABLE 144KINGDOM OF SAUDI ARABIA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)136
9.5.3SOUTH AFRICA136
9.5.3.1Various government initiatives to support development of clean energy technologies136
TABLE 145SOUTH AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)136
TABLE 146SOUTH AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)137
TABLE 147SOUTH AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)137
TABLE 148SOUTH AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)137
9.5.4UAE138
9.5.4.1Dynamic market with significant growth potential138
TABLE 149UAE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)138
TABLE 150UAE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)138
TABLE 151UAE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)139
TABLE 152UAE: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)139
9.5.5REST OF MIDDLE EAST & AFRICA139
TABLE 153REST OF MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)140
TABLE 154REST OF MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)140
TABLE 155REST OF MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)140
TABLE 156REST OF MIDDLE EAST & AFRICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)141
9.6SOUTH AMERICA141
9.6.1SOUTH AMERICA: RECESSION IMPACT141
TABLE 157SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)142
TABLE 158SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)142
TABLE 159SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)142
TABLE 160SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)143
TABLE 161SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)143
TABLE 162SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)143
9.6.2BRAZIL144
9.6.2.1Market in early stage of development144
TABLE 163BRAZIL: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)144
TABLE 164BRAZIL: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)144
TABLE 165BRAZIL: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)145
TABLE 166BRAZIL: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)145
9.6.3ARGENTINA145
9.6.3.1Major producer of oil and natural gas in region145
TABLE 167ARGENTINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)146
TABLE 168ARGENTINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)146
TABLE 169ARGENTINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)146
TABLE 170ARGENTINA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)147
9.6.4REST OF SOUTH AMERICA147
TABLE 171REST OF SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)147
TABLE 172REST OF SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)147
TABLE 173REST OF SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)148
TABLE 174REST OF SOUTH AMERICA: WASTE HEAT RECOVERY SYSTEM MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)148
10COMPETITIVE LANDSCAPE149
10.1INTRODUCTION149
10.2STRATEGIES ADOPTED BY KEY PLAYERS149
TABLE 175OVERVIEW OF STRATEGIES ADOPTED BY WASTE HEAT RECOVERY SYSTEM MANUFACTURERS149
10.2.1MARKET SHARE ANALYSIS OF KEY PLAYERS, 2021150
TABLE 176WASTE HEAT RECOVERY SYSTEM MARKET: SHARE OF KEY PLAYERS151
FIGURE 29WASTE HEAT RECOVERY SYSTEM: MARKET SHARE ANALYSIS151
10.3STRATEGIES ADOPTED BY KEY PLAYERS152
TABLE 177WASTE HEAT RECOVERY SYSTEM MARKET: STRATEGIC POSITIONING OF KEY PLAYERS152
10.4COMPANY EVALUATION QUADRANT153
10.4.1STARS153
10.4.2PERVASIVE PLAYERS153
10.4.3EMERGING LEADERS153
10.4.4PARTICIPANTS153
FIGURE 30WASTE HEAT RECOVERY SYSTEM MARKET: COMPANY EVALUATION QUADRANT, 2021154
10.5START-UP/SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION QUADRANT155
10.5.1RESPONSIVE COMPANIES155
10.5.2DYNAMIC COMPANIES155
10.5.3STARTING BLOCKS155
10.5.4PROGRESSIVE COMPANIES155
FIGURE 31START-UP AND SMALL AND MEDIUM-SIZED ENTERPRISE (SMES) EVALUATION MATRIX, 2021156
10.6REVENUE ANALYSIS OF TOP PLAYERS156
10.7COMPETITIVE BENCHMARKING157
TABLE 178WASTE HEAT RECOVERY SYSTEM MARKET: DETAILED LIST OF KEY PLAYERS157
TABLE 179WASTE HEAT RECOVERY SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS158
10.8COMPETITIVE SITUATION AND TRENDS159
10.8.1DEALS159
TABLE 180WASTE HEAT RECOVERY SYSTEM MARKET: DEALS, 2019–2022159
10.8.2OTHER DEVELOPMENTS161
TABLE 181WASTE HEAT RECOVERY SYSTEM MARKET: OTHER DEVELOPMENTS, 2019–2022161
11COMPANY PROFILES167
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
11.1KEY PLAYERS167
11.1.1ABB LTD.167
TABLE 182ABB LTD.: COMPANY OVERVIEW167
FIGURE 32ABB LTD.: COMPANY SNAPSHOT168
TABLE 183ABB LTD.: DEALS169
TABLE 184ABB LTD.: OTHERS170
11.1.2WOOD (JOHN WOOD GROUP PLC)172
TABLE 185WOOD (JOHN WOOD GROUP PLC): COMPANY OVERVIEW172
FIGURE 33WOOD (JOHN WOOD GROUP PLC): COMPANY SNAPSHOT172
TABLE 186WOOD (JOHN WOOD GROUP PLC): DEALS173
TABLE 187WOOD (JOHN WOOD GROUP PLC): OTHERS174
11.1.3ORMAT TECHNOLOGIES INC.175
TABLE 188ORMAT TECHNOLOGIES INC: COMPANY OVERVIEW175
FIGURE 34ORMAT TECHNOLOGIES INC.: COMPANY SNAPSHOT176
TABLE 189ORMAT TECHNOLOGIES INC.: DEALS177
TABLE 190ORMAT TECHNOLOGIES INC.: OTHERS177
11.1.4GENERAL ELECTRIC CO.180
TABLE 191GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW180
FIGURE 35GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT181
TABLE 192GENERAL ELECTRIC COMPANY: DEALS182
TABLE 193GENERAL ELECTRIC COMPANY: OTHERS182
11.1.5MITSUBISHI HEAVY INDUSTRIES, LTD.184
TABLE 194MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW184
FIGURE 36MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT185
TABLE 195MITSUBISHI HEAVY INDUSTRIES, LTD.: DEALS186
TABLE 196MITSUBISHI HEAVY INDUSTRIES, LTD.: OTHERS187
11.1.6SIEMENS AG189
TABLE 197SIEMENS AG: COMPANY OVERVIEW189
FIGURE 37SIEMENS AG: COMPANY SNAPSHOT190
TABLE 198SIEMENS AG: DEALS191
11.1.7THERMAX LIMITED193
TABLE 199THERMAX LIMITED: COMPANY OVERVIEW193
FIGURE 38THERMAX LIMITED: COMPANY SNAPSHOT194
TABLE 200THERMAX LIMITED: DEALS195
TABLE 201THERMAX LIMITED: OTHERS196
11.1.8ECHOGEN POWER SYSTEMS, LLC198
TABLE 202ECHOGEN POWER SYSTEMS, LLC: COMPANY OVERVIEW198
TABLE 203ECHOGEN POWER SYSTEMS, LLC: DEALS199
TABLE 204ECHOGEN POWER SYSTEMS, LLC: OTHERS199
11.1.9ECONOTHERM LTD.201
TABLE 205ECONOTHERM LTD.: COMPANY OVERVIEW201
TABLE 206ECONOTHERM LTD.: DEALS202
TABLE 207ECONOTHERM LTD.: OTHERS202
11.1.10COOL ENERGY, INC.204
TABLE 208COOL ENERGY, INC.: COMPANY OVERVIEW204
11.2OTHER PLAYERS206
11.2.1TRANSPARENT ENERGY SYSTEMS PVT. LTD.206
11.2.2JP STEEL PLANTECH CO. (STEEL PLANTECH)207
11.2.3TMEIC207
11.2.4CLYDE BERGEMANN POWER GROUP208
11.2.5KILBURN ENGINEERING LIMITED209
11.2.6SIGMA THERMAL210
11.2.7PENTA ENGINEERING CORPORATION211
11.2.8UNIDYNE212
11.2.9THERMAL SYSTEMS (HYDERABAD) PVT. LTD.212
11.2.10ESTEEM POWER EQUIPMENT INDIA PVT. LTD.213
11.2.11HRS PROCESS SYSTEMS LIMITED (HRS PSL)214
11.2.12CENTPRO215
11.2.13E.L.I., INC.215
11.2.14OXFORD NANOSYSTEMS216
11.2.15BOWMAN POWER GROUP LTD.216
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12APPENDIX217
12.1DISCUSSION GUIDE217
12.2KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL219
12.3CUSTOMIZATION OPTIONS221
12.4RELATED REPORTS221
12.5AUTHOR DETAILS222