© 2018 Global Market Insights, Inc. USA. All Rights Reserved Waste Heat Recovery System Market Growth | Trends Analysis Report 2025
Global Market Scenario of Waste Heat Recovery System Industry Waste heat recovery system market is predicted to reach over USD 80 billion by Escalating demand for energy efficiency across manufacturing sector along with robust industrial sector growth will stimulate the business growth. Shifting regulatory landscape toward emission control along with stringent emission standards will fuel the adoption of heat recovery systems. Moreover, reduced operational cost along with the transition toward renewable energy sources will contribute toward industry expansion. Asia-Pacific waste heat recovery system market is set to reach over USD 30 Billion by Government policies and legislations aimed at reducing carbon footprint coupled with focus toward expansion of industrial centers will stimulate the industry growth. © 2018 Global Market Insights, Inc. USA. All Rights Reserved
As of 2018, the region accounted for over 50% of the manufacturing value added on account of rise in FDI inflows toward the manufacturing sector on a global scale. Government plans with an objective to achieve sustainable development along with the rising focus toward harmful impact of emissions on environment will boost product adoption across key industries. >6500C WHR system involves SRC technology in which the extraction of steam from the turbines is done in order to pre-heat the boiler feedwater. These systems are installed across cement, glass and heavy metal manufacturing industries for effective and efficient exhaust heat utilization. Cost reduction, greater operational flexibility and technology advancement are few key features that will contribute toward the growth of waste heat recovery system market share. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved
China Waste Heat Recovery System Market, By Temperature, 2018 & 2025 (USD Million) Browse Complete Summary of this
In recent years, WHR systems have found significant penetration in glass, heavy metal production, chemical, and petroleum refining industries. Stringent emissions standards along with escalating demand for continuous and reliable electricity will stimulate the product adoption. Furthermore, ongoing expansion across food processing industry along with decreasing costs of low temperature heat utilization will increase the waste heat recovery system market. UK waste heat recovery system market share is predicted to grow over 7% by Long term benefits of decarbonization and increasing focus toward sustainable development have increased demand for waste heat recovery system. Ongoing policies and initiatives toward the adoption of energy efficient systems will further stimulate the industry growth. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved
Industry Background
Competitive Analysis: HRS Aura GmbH Cochran IHI Mitsubishi Hitachi Power Systems AC Boilers AMEC Foster Wheeler Dürr Group Siemens Forbes Marshall Bosch Thermotechnology Rentech Boiler Systems Viessman Browse Complete Summary of this heat-recovery-system-markethttps:// heat-recovery-system-market © 2018 Global Market Insights, Inc. USA. All Rights Reserved
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