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Waste Heat to Power Market Size
- Report ID: GMI2065
- Published Date: Jul 2024
- Report Format: PDF
Waste Heat to Power Market Size
Waste Heat to Power Market size achieved a valuation of USD 25.2 billion in 2023 and is expected to grow at a CAGR of 10.8% from 2024 to 2032. This growth is driven by increasing awareness of energy efficiency and sustainability practices across industries worldwide.
Governments' emphasis on reducing greenhouse gas emissions and promoting renewable energy sources further propels market demand. The UN Environment Programme's annual Emissions Gap Report states that to meet the Paris Agreement's targets of limiting global warming to 2°C and 1.5°C, 2030 emissions need a reduction of 28-42% compared to current policy scenarios, which in turn is driving the demand for cleaner technologies including waste heat to power.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Waste Heat to Power Market Size in 2023: | USD 25.2 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 10.8% |
| 2032 Value Projection: | USD 66.2 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 110 |
| Tables, Charts & Figures: | 776 |
| Segments covered: | Technology, End Use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Waste Heat to Power Market Scope
