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North America Waste Heat Recovery Systems Market Size
- Report ID: GMI8667
- Published Date: Mar 2024
- Report Format: PDF
North America Waste Heat Recovery Systems Market Size
North America Waste Heat Recovery Systems Market was valued at USD 17.1 billion in 2023 and set to grow at a CAGR of over 7.7% from 2024 to 2032. The rising energy demand, strong industrial sector expansion coupled with the implementation of energy efficiency regulations has spurred the adoption of waste heat recovery systems (WHRS). Heightened requirements for continuous and reliable electricity along with shifting focus toward energy optimization and integration of renewable sources are key drivers bolstering the deployment of these systems.
Heightened requirements for continuous and reliable electricity along with shifting focus toward energy optimization and integration of renewable sources are key drivers bolstering the deployment of these systems. In addition, a mounting emphasis on enhancing overall system efficiency has led to an upsurge in the adoption of waste heat harnessed from diverse industrial processes, which in turn will Favor the business outlook in the region.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| North America Waste Heat Recovery Systems Market Size in 2023: | USD 17.1 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.7% |
| 2032 Value Projection: | USD 32.2 Billion |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 115 |
| Tables, Charts & Figures: | 80 |
| Segments covered: | Application, Temperature, End Use, & Region |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
North America Waste Heat Recovery Systems Market Scope
