廢熱回收系統市場規模、佔有率及成長分析（按應用、終端用戶產業、組件、溫度及地區分類）－2026-2033年產業預測

預計到 2024 年，廢熱回收系統 (WHRS) 市場規模將達到 788.7 億美元，到 2025 年將成長至 858.8 億美元，到 2033 年將成長至 1698.8 億美元，在預測期（2026-2033 年將成長至 1698.8 億美元，在預測期（2026-2033 年）複合年成長率為 8.9%。

由於全球範圍內對溫室氣體排放的日益關注以及能源效率法規的日益嚴格，餘熱回收系統（WHRS）市場正經歷顯著成長。 WHRS能夠有效地從高溫製程傳輸熱量，最大限度地提高效率，並促進汽電共生應用。傳統上，由於卡諾效率的限制，低溫餘熱回收（0-120 度C）在發電應用中並未充分利用，但持續的技術進步和監管壓力正在推動該領域的創新。北美地區，尤其是美國，對WHRS的需求激增，因為各行業正在採用WHRS來減少排放並提高燃煤發電廠的熱效率。主要企業也在努力改善能源再利用實踐並遵守嚴格的環境標準，從而進一步推動市場發展。

餘熱回收系統市場促進因素

廢熱回收系統市場的主要促進因素包括全球人口成長、日益嚴格的能源排放法規以及各行業機械化進程的加速。快速成長的能源需求推動了對經濟高效能源解決方案的需求，進而激發了人們對廢熱回收技術的興趣。這些系統透過捕獲和再利用廢熱來最大限度地提高能源效率，從而降低營運成本並符合環境法規。因此，推廣永續實踐和尋求經濟實惠的能源解決方案是推動市場擴張的關鍵因素。

廢熱回收系統市場的限制因素

廢熱回收系統市場的成長受到部署此類系統所需巨額資本投入的限制。安裝和維護廢熱回收裝置的初始成本可能相當高昂，這阻礙了潛在投資者和終端用戶採用這項技術。這一財務障礙構成了一項重大挑戰，因為企業需要權衡初始成本與潛在的長期節能效益。因此，對廢熱回收解決方案投資的猶豫可能會減緩市場擴張，並限制這項環保技術在各行業中的普及應用。

廢熱回收系統市場趨勢

受持續技術進步的推動，廢熱回收系統（WHRS）市場呈現顯著成長趨勢。創新解決方案正助力製造業、發電業和汽車業等各行各業更有效率地捕捉和利用廢熱。企業日益意識到將WHRS融入業務營運所帶來的經濟和環境效益，從而降低成本並減少溫室氣體排放。此外，政府為促進能源效率而製定的嚴格法規也進一步推動了市場成長。隨著各產業尋求永續發展，廢熱回收技術的應用預計將持續成長，使WHRS成為向循環經濟轉型過程中的關鍵要素。

目錄

介紹

• 調查目標
• 調查範圍
• 定義

調查方法

• 資訊收集
• 二手資料和一手資料方法
• 市場規模預測
• 市場假設與限制

執行摘要

• 全球市場展望
• 供需趨勢分析
• 細分市場機會分析

市場動態與展望

• 市場規模
• 市場動態
  • 促進因素和機遇
  • 限制與挑戰
• 波特的分析和影響

關鍵市場考察

• 關鍵成功因素
• 競爭程度
• 關鍵投資機會
• 市場生態系統
• 監管環境
• 專利分析
• 價值鏈分析
• 案例研究分析
• 客戶和購買標準分析
• PESTEL 分析
• 總體經濟指標
• 市場吸引力指數
• 原料分析
• 供應鏈分析
• 定價分析

廢熱回收系統市場規模（依應用領域分類）及複合年成長率（2026-2033 年）

• 預熱
• 蒸氣和發電
• 發電
• 其他

廢熱回收系統市場規模（依最終用途產業分類）及複合年成長率（2026-2033 年）

• 煉油
• 化學
• 水泥
• 金屬生產和鑄造
• 紙漿和造紙
• 食品/飲料
• 玻璃
• 其他

廢熱回收系統市場規模（依組件分類）及複合年成長率（2026-2033 年）

• 熱交換器
  • 熱回收裝置
  • 再生器
  • 節熱器
  • 熱管
  • 廢熱鍋爐
  • 其他
• 鍋爐
• 渦輪
• 熱泵
• 其他

按溫度和複合年成長率分類的廢熱回收系統市場規模（2026-2033 年）

• 100度C～230度C
• 231度C～450度C
• 高於 450 度C

廢熱回收系統市場規模及複合年成長率（2026-2033）

• 北美洲
  • 美國
  • 加拿大
• 歐洲
  • 英國
  • 德國
  • 西班牙
  • 法國
  • 義大利
  • 其他歐洲地區
• 亞太地區
  • 中國
  • 印度
  • 日本
  • 韓國
  • 亞太其他地區
• 拉丁美洲
  • 巴西
  • 其他拉丁美洲地區
• 中東和非洲
  • 海灣合作理事會國家
  • 南非
  • 其他中東和非洲地區

競爭資訊

• 前五大公司對比
• 主要企業的市場定位（2025 年）
• 主要市場參與者所採取的策略
• 近期市場趨勢
• 公司市佔率分析（2025 年）
• 主要企業公司簡介
  • 公司詳情
  • 產品系列分析
  • 依業務板塊進行公司股票分析
  • 2021-2023年營收年比比較

主要企業簡介

• 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

結論與建議

Waste Heat Recovery System Market size was valued at USD 78.87 Billion in 2024 and is poised to grow from USD 85.88 Billion in 2025 to USD 169.88 Billion by 2033, growing at a CAGR of 8.9% during the forecast period (2026-2033).

The market for waste heat recovery systems (WHRS) is experiencing significant growth due to rising concerns over greenhouse gas emissions and increasing global energy efficiency regulations. WHRS effectively transfers heat from hot processes, maximizing efficiency and facilitating cogeneration applications. Traditionally, low-temperature waste heat recovery (0-120°C) has been underutilized for electricity generation due to limited Carnot efficiencies; however, ongoing advancements and regulatory pressures are driving innovation in this sector. In North America, particularly the United States, demand is surging as industries adopt WHRS to reduce emissions from coal-fired plants and enhance thermal efficiency. The presence of key industry players amplifies market momentum, as companies strive to improve energy reuse practices and align with stringent environmental standards.

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 intoheat 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 a growing global population, stringent energy emission regulations, and accelerated mechanization across various industries. As energy demands surges, there is an increasing necessity for cost-effective and efficient energy solutions, which in turn drives interest in waste heat recovery technologies. These systems enable organizations to maximize energy efficiency by capturing and repurposing waste heat, thereby reducing operational costs and meeting environmental compliance. Consequently, the push for sustainable practices and the pursuit of affordable energy solutions are significant contributors to the market's expansion.

Restraints in the Waste Heat Recovery System Market

The growth of the waste heat recovery system market is being hindered by the substantial capital investment required for these systems. The initial costs associated with acquiring and implementing waste heat recovery units can be quite high, discouraging potential investors and end-users from adopting this technology. This financial barrier poses a significant challenge, as organizations weigh the potential long-term energy savings against the upfront expenses. As a result, the reluctance to invest in waste heat recovery solutions can slow down market expansion, limiting the overall adoption of this environmentally beneficial technology in various industries.

Market Trends of the Waste Heat Recovery System Market

The Waste Heat Recovery System (WHRS) market is witnessing a significant upward trend driven by continuous technological advancements. Innovative solutions are enabling more efficient and effective capture and utilization of waste heat across various industries, including manufacturing, power generation, and automotive. Companies are increasingly recognizing the economic and environmental benefits of integrating WHRS into their operations, facilitating cost savings and reducing greenhouse gas emissions. Additionally, stringent government regulations promoting energy efficiency are further propelling market growth. As industries seek sustainable practices, the adoption of waste heat recovery technologies is expected to expand, positioning WHRS as a critical component in the transition towards a circular economy.

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 (2026-2033)

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

Waste Heat Recovery System Market Size by End-Use Industry & CAGR (2026-2033)

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

Waste Heat Recovery System Market Size by Component & CAGR (2026-2033)

• 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 (2026-2033)

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

Waste Heat Recovery System Market Size & CAGR (2026-2033)

• 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, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• 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