廃熱回収システムの市場規模、シェア、成長分析：用途別、最終用途産業別、コンポーネント別、温度別、地域別 - 産業予測 2025～2032年

廃熱回収システム市場規模は2023年に724億2,000万米ドルで、予測期間（2025-2032年）のCAGRは8.9%で、2024年の788億7,000万米ドルから2032年には1,559億9,000万米ドルに成長する見通しです。

世界の廃熱回収システム（WHRS）市場は、温室効果ガスの排出に対する懸念の高まりと、二酸化炭素排出量の削減を目的とした厳しい規制によって、大幅な成長が見込まれています。高温のプロセスから効率的に熱を移動させるWHRSは、カルノー効率に限界があるため、従来は低温の廃熱を発電に利用するという課題に直面してきました。しかし、北米の国内需要は急増しており、特に米国では石炭火力発電所からの排出を最適化し、ゼロエミッション発電を促進するためにWHRSが導入されています。排ガスを再利用する能力は熱効率を高め、市場の関心をさらに高めています。ゼネラルエレクトリックやテラピンのような大手企業の存在も、この急成長分野の成長を促しています。

目次

イントロダクション

• 調査の目的
• 調査範囲
• 定義

調査手法

• 情報調達
• 二次と一次データの方法
• 市場規模予測
• 市場の前提条件と制限

エグゼクティブサマリー

• 世界市場の見通し
• 供給と需要の動向分析
• セグメント別機会分析

市場力学と見通し

• 市場概要
• 市場規模
• 市場力学
  • 促進要因と機会
  • 抑制要因と課題
• ポーター分析と影響
  • 競争企業間の敵対関係
  • 代替品の脅威
  • 買い手の交渉力
  • 新規参入業者の脅威
  • 供給企業の交渉力

主な市場の考察

• 重要成功要因
• 競合の程度
• 主な投資機会
• 市場エコシステム
• 規制情勢
• 特許分析
• バリューチェーン分析
• ケーススタディ分析
• 顧客と購買基準の分析
• PESTEL分析
• マクロ経済指標
• 市場の魅力指数
• 原材料の分析
• サプライチェーン分析
• 価格分析

廃熱回収システム市場規模：用途別& CAGR（2025-2032）

• 市場概要
• 予熱
• 蒸気と発電
• 発電
• その他

廃熱回収システム市場規模：最終用途産業別& CAGR（2025-2032）

• 市場概要
• 石油精製
• 化学薬品
• セメント
• 金属生産と鋳造
• パルプ・紙
• 飲食品
• ガラス
• その他

廃熱回収システム市場規模：コンポーネント別& CAGR（2025-2032）

• 市場概要
• 熱交換器
  • 回復装置
  • 再生装置
  • エコノマイザー
  • ヒートパイプ
  • 廃熱ボイラー
  • その他
• ボイラー
• タービン
• ヒートポンプ
• その他

廃熱回収システム市場規模：温度別& CAGR（2025-2032）

• 市場概要
• 100℃～230℃
• 231℃～450℃
• 450℃以上

廃熱回収システム市場規模：地域別& CAGR（2025-2032）

• 北米
  • 米国
  • カナダ
• 欧州
  • 英国
  • ドイツ
  • スペイン
  • フランス
  • イタリア
  • その他欧州地域
• アジア太平洋地域
  • 中国
  • インド
  • 日本
  • 韓国
  • その他アジア太平洋地域
• ラテンアメリカ
  • ブラジル
  • その他ラテンアメリカ地域
• 中東・アフリカ
  • GCC諸国
  • 南アフリカ
  • その他中東・アフリカ

競合情報

• 上位5社の比較
• 主要企業の市場ポジショニング（2024年）
• 主な市場企業が採用した戦略
• 最近の市場動向
• 企業の市場シェア分析（2024年）
• 主要企業の企業プロファイル
  • 企業の詳細
  • 製品ポートフォリオ分析
  • 企業のセグメント別シェア分析
  • 収益の前年比比較（2021-2023）

主要企業プロファイル

• Siemens AG
• General Electric Company
• ABB Ltd.
• Mitsubishi Heavy Industries Ltd.
• Thermax Limited
• Ormat Technologies Inc.
• Echogen Power Systems Inc.
• GEA Group AG
• Boustead International Heaters Ltd.
• Doosan Heavy Industries & Construction Co. Ltd.
• HRS Heat Exchangers Ltd.
• Marathon Engine Systems
• MTPV Power Corporation
• Kawasaki Heavy Industries Ltd.
• Sigma Thermal Inc.
• Forbes Marshall
• Exodraft Ltd.
• Alfa Laval AB
• Toshiba Mitsubishi-Electric Industrial Systems Corporation

結論と推奨事項

Waste Heat Recovery System Market size was valued at USD 72.42 Billion in 2023 and is poised to grow from USD 78.87 Billion in 2024 to USD 155.99 Billion by 2032, growing at a CAGR of 8.9% during the forecast period (2025-2032).

The global waste heat recovery system (WHRS) market is poised for substantial growth, driven by increasing concerns over greenhouse gas emissions and stringent regulations aimed at reducing carbon dioxide outputs. WHRS, which efficiently transfers heat from hot processes, has traditionally faced challenges in harnessing low-temperature waste heat for electricity generation due to limited Carnot efficiency. However, North America's domestic demand is surging, particularly in the U.S., where WHRS is being deployed to optimize emissions from coal-fired power plants and to facilitate zero-emission electricity generation. The ability to reuse flue gas enhances thermal efficiency, further amplifying market interest. The presence of major players like General Electric and Terrapin is also catalyzing growth in this burgeoning sector.

Top-down and bottom-up approaches were used to estimate and validate the size of the Waste Heat Recovery System market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Waste Heat Recovery System Market Segments Analysis

Global Waste Heat Recovery System Market is segmented by application, end use industry, component, temperature and region. Based on application, the market is segmented into preheating, steam & power generation, electricity generation and others. Based on end-use industry, the market is segmented into petroleum refining, chemical, cement, metal production & foundries, pulp & paper, food & beverage, glass and others. Based on component, the market is segmented into heat exchangers (recuperators, regenerators, economizers, heat pipes, waste heat boilers, others), boilers, turbines, heat pumps and others. Based on temperature, the market is segmented into 100°C to 230°C, 231°C to 450°C, Above 450°C. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Waste Heat Recovery System Market

The Waste Heat Recovery System market is primarily propelled by a combination of factors, including the growing global population, stringent energy emission regulations, and swift industrial mechanization. As the demand for energy and electricity at affordable rates continues to escalate, it significantly underscores the importance of waste heat recovery solutions. These systems not only aid in enhancing energy efficiency but also provide a means to comply with regulatory requirements, making them essential in both industrial and commercial sectors. Consequently, these dynamics collectively foster substantial growth in the waste heat recovery systems market, driving innovation and investment.

Restraints in the Waste Heat Recovery System Market

The growth of the waste heat recovery system market is significantly hindered by the high capital expenditures associated with the installation of these units. The substantial initial investment required can deter potential buyers, particularly in industries where budgets are tight or profit margins are slim. This financial barrier prevents many organizations from adopting waste heat recovery technologies, which hinders overall market expansion. As a result, potential advancements in energy efficiency and sustainability in various sectors may be delayed, highlighting the need for strategies to reduce costs or provide financial incentives that could facilitate wider adoption of waste heat recovery systems.

Market Trends of the Waste Heat Recovery System Market

The Waste Heat Recovery System (WHRS) market is witnessing a notable surge in adoption, driven by continuous technological advancements and increasing environmental awareness. As industries seek to enhance energy efficiency and reduce carbon footprints, innovative WHRS solutions are being developed that optimize heat recovery processes, making them more cost-effective and efficient. The integration of IoT and AI technologies further enhances WHRS capabilities, allowing for real-time monitoring and adaptive management of energy systems. The growing push towards sustainability and regulatory mandates for emissions reduction are also propelling market growth, indicating a robust trend towards widespread implementation across diverse sectors.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Regulatory Landscape
• Patent Analysis
• Value Chain Analysis
• Case Study Analysis
• Customer & Buying Criteria Analysis
• PESTEL Analysis
• Macro-Economic Indicators
• Market Attractiveness Index
• Raw Material Analysis
• Supply Chain Analysis
• Pricing Analysis

Waste Heat Recovery System Market Size by Application & CAGR (2025-2032)

• Market Overview
• Preheating
• Steam & Power Generation
• Electricity Generation
• Others

Waste Heat Recovery System Market Size by End-Use Industry & CAGR (2025-2032)

• Market Overview
• Petroleum Refining
• Chemical
• Cement
• Metal Production & Foundries
• Pulp & Paper
• Food & Beverage
• Glass
• Others

Waste Heat Recovery System Market Size by Component & CAGR (2025-2032)

• Market Overview
• Heat Exchangers
  • Recuperators
  • Regenerators
  • Economizers
  • Heat Pipes
  • Waste Heat Boilers
  • Others
• Boilers
• Turbines
• Heat Pumps
• Others

Waste Heat Recovery System Market Size by Temperature & CAGR (2025-2032)

• Market Overview
• 100°C to 230°C
• 231°C to 450°C
• Above 450°C

Waste Heat Recovery System Market Size & CAGR (2025-2032)

• North America, (Application, End-Use Industry, Component, Temperature)
  • US
  • Canada
• Europe, (Application, End-Use Industry, Component, Temperature)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Application, End-Use Industry, Component, Temperature)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Application, End-Use Industry, Component, Temperature)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Application, End-Use Industry, Component, Temperature)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Siemens AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Electric Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ABB Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Heavy Industries Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thermax Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ormat Technologies Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Echogen Power Systems Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GEA Group AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Boustead International Heaters Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Doosan Heavy Industries & Construction Co. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HRS Heat Exchangers Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Marathon Engine Systems
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MTPV Power Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kawasaki Heavy Industries Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sigma Thermal Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Forbes Marshall
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Exodraft Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Alfa Laval AB
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Toshiba Mitsubishi-Electric Industrial Systems Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation