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North America Waste Heat Recovery Systems Market Share

Report ID: GMI8667
Published Date: Mar 2024
Report Format: PDF

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North America Waste Heat Recovery Systems Market Share

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ABB, BIHL, Bosch Industriekessel GmbH, Climeon, DÜRR Group holds a major share in the North America waste heat recovery systems industry. These companies are actively engaged in significant research and development efforts aimed at securing a competitive edge over other market participants.

North America Waste Heat Recovery Systems Market Companies

Major players operating in the North America waste heat recovery systems industry are:

ABB
BIHL
Bosch Industriekessel GmbH
Climeon
DÜRR Group
Echogen
General Electric
Iberdrola, S.A.
IHI Power Systems Co., Ltd.
MITSUBISHI HEAVY INDUSTRIES, LTD.
Ormat
Rentech Boiler Systems, Inc.
Siemens Energy
Sofinter S.p.a
Viessmann

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

North America market for waste heat recovery systems was reached USD 17.1 billion in 2023 and is estimated to grow at a rate of 7.7% through 2032, driven by rising energy demand, strong industrial sector, coupled with the implementation of energy efficiency regulations.

The electricity & steam generation segment of North America market is anticipated to surpass USD 18 billion by 2032, propelled by the distinct attributes of WHRS, such as reduced greenhouse gas emissions, versatile applications, and exceptional energy efficiency.

The U.S. waste heat recovery systems market held a decent revenue share in 2023 and will exceed USD 24.5 billion by 2032, driven by increasing awareness of energy efficiency and environmental sustainability, coupled with supportive government policies and technological advancements.

ABB, BIHL, Bosch Industriekessel GmbH, Climeon, DÜRR Group, Echogen, General Electric, Iberdrola, S.A., IHI Power Systems Co., Ltd., MITSUBISHI HEAVY INDUSTRIES, LTD. are some of the major industry contenders.