Waste Heat To Power Market Size, Global Industry Growth, Statistics, Trends, Revenue Analysis 2020


Posted December 3, 2021 by Absolute

Waste Heat To Power Market Size, Global Industry Growth, Statistics, Trends, Revenue Analysis 2020

 
The Waste Heat To Power Market overview report gives CAGR esteem changes during the estimate time of 2022-2030 for the market. It incorporates a deliberate examination of current situation of the worldwide market, which covers a few market elements. The report gives wide-going factual investigation of the market's ceaseless positive turns of events, limit, creation, creation esteem, cost/benefit, supply/request and import/send out. No stone is left unturned while investigating and breaking down information to get ready statistical surveying report like this one and the others. To get information on all the above factors, an extraordinary Waste Heat To Power Market report is made that is straightforward, broad and incomparable in quality.
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The global waste heat to power market accounted for US $ 17,873.64 Mn in 2020, and is expected to grow at a compound annual growth rate (CAGR) of 12.6% during the forecast years (2021-2029). Some of the major players operating in the global waste heat to power market are Bosch Industriekessel GmbH, Forbes Marshall, IHI Corporation, John Wood Group PLC (Amec Foster Wheeler), Kalina Power Limited, Mitsubishi Hitachi Power Systems Ltd., Ormat, Shinoda Co. Ltd., Siemens AG and Thermax amongst others.
In factories catering to different industries and even in the means of transportation such as navy ships, gas turbine engines are used for electrical power generation. Many turbines consume 65% of the energy, leading to waste heat. Safe and efficient recovery of electrical power energy can help to provide 20% reduction in fuel consumption in the process being carried out for power generation. Waste heat to power (WHP) is the method of collecting heat, which would otherwise be wasted, by a process and converting it to electricity.
Many factors are driving the global waste heat to power market but the most important one is increasing demand for clean energy. Due to the depletion of Ozone layer, increasing global warming, increasing skin disorders due to ultraviolet rays, and the health problems caused by increasing air pollution, many countries are adopting strict environmental laws along with demanding new methods of power generation that are eco-friendly. With waste products being used as fuel for power generation, expenses of garbage disposal as well as efforts for recycling are reduced, which is aiding the growth of waste heat to power market.
Global Waste Heat to Power Market:
By Source of Waste Heat Stream
• Medium to Low temperature heat sources
• High-temperature heat sources
• Steam
By Technology
• Steam Rankine Cycle
• Organic Rankine Cycle
• Kalina Cycle
• Supercritical Carbon Dioxide (CO2) Cycle
• Heat Recovery Systems
• Others
By Offering
• Products
o Thermoelectric Generators
o Piezoelectric Generators
o Thermionic Devices
o Thermo-photovoltaic Generators
o Small steam-electric generator
o Stirling Engines
o Others
• Installation Support
o Construction Planning
o Installation Adjustments
o Test Operation
o Installation Supports
o Others
By Organization Size
• Small & Medium Organizations
• Large Organizations
By Application
• Petroleum and Coal Products
• Glass Production, Incineration Systems and Cogeneration Systems
• Garbage Incineration Plant, Woody Biomass Boiler, Industrial Scale Incineration Systems and Industrial Furnaces
• Chemical Manufacturing
• Cement and Ceramic Manufacturing
• Primary Metal Manufacturing and Nonmetallic Mineral Product Manufacturing
• Heavy Metal Production
• Pulp and Paper Industry
• Food and Beverage
• Others
By Geography
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Key questions answered in this market report
1. What was the market size in 2022?
2. How is the current market status?
3. How will be the market status in the forecast period?
4. What are the moves or actions of key players?
5. Which region is at the top level in the market globally?
6. How the competitive analysis of the market is included?
7. What are the drivers and restraints for the market?
8. How will the market stand in the forecast period of 2022-2030?
9. What will the market size be in 2022 and what will be the growth rate?
10. What are the key market trends?
11. What is driving this market?
12. What are the challenges for market growth?
13. Who are the key vendors in the market space?
14. What are the market opportunities and market threats faced by the top vendors?
15. What are the new developments in the market?

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Issued By AMI
Country United States
Categories Research
Last Updated December 3, 2021