Waste Heat Recovery Systems Market Volume Analysis, size, share and Key Trends 2014 - 2020 by Future Market Insights

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sales@futuremarketinsights.comAPAC Waste Heat Recovery Systems MarketShare, APAC Trends, Analysis, Research, Report, Opportunities, Segmentation and Forecast,2014 - 2020www.futuremarketinsights.comFuture Market InsightsWaste heat recovery is the process of capturing and reusing heat from streams of high energycontent generated during various refining processes in industrial sectors. These include sectorssuch as chemicals, petroleum, automotive etc. Industrialization continues to grow rapidly, and aslarge amounts of heat is being generated, its preservation and reuse has become a matter ofgreat concern for various industries. Various methods are being employed on a large scale in theindustrial sector to reduce energy consumption, operational costs, green-house gas and carbonemissions. Use of waste heat recovery systems could be an ideal move for various industrialprocesses to enhance their economic feasibility. As the industrial sector continues efforts toimprove energy efficiency, waste heat recovery systems offer an attractive opportunity to ensurean low emission environment.On the basis of product type, the waste heat recovery system market is segmented asgenerators, boilers, exhaust stacks, ovens, compressors, heat pumps, regenerators, recuperatorsand others. On the basis of application the global market can be segmented as pre-heating,steam generation, electricity generation and others. Globally, steam generation accounts foralmost half of the market share compared to other sources. According to the United StatesDepartment Of Energy (US DOE) and the International Energy Agency (IEA), over three-fifths ofthe energy used by power plants gets wasted in the form of heat and around 20% to 50% ofindustrial energy input is lost as waste heat. Waste heat recovery equipment find usage in anumber of industrial applications such as heavy metal production, cement production,petroleum refining, chemical refining and natural gas compression.Report DescriptionReport DescriptionBrowse Full Report@ http://www.futuremarketinsights.com/reports/apac-waste-heat-recovery-systems-marketThe waste heat recovery system market is expected to grow two-fold between2014 and2020.Currently, Europe is the largest market in the global waste heat recovery systems, accounting foraround 35-40% share of the global market. North America is the second-largest segment,followed by APAC region. The APAC region is expected to register a significant growth from 2014to 2020, majorly due to government regulations and foreign direct investment in the region. Thewaste heat recovery systems market is expected to grow at a higher rate for emergingeconomies such as India and China as compared to developed economical regions, such asNorth America and Europe.Large-scale economic development, growing population, presence of strict emission regulationsand rapid industrialization are the major growth drivers for the APAC waste heat recoverysystems market. Apart from these, requirement for fuel efficient systems and growingenvironment safety awareness are other long term growth drivers, which are contributingtowards growth of waste heat recovery market in the APAC region. China and India are playingimportant roles in the installations of waste heat recovery systems. The use of waste heatrecovery systems in the cement industry is estimated to grow significantly, due to a highdemand of cement from the APAC region.Report DescriptionReport DescriptionRequest For TOC@ http://www.futuremarketinsights.com/toc/rep-ap-174Major players in the waste heat recovery system market include General Electric, Siemens AG,Mitsubishi Heavy Industries Ltd. and Alstom. These companies adopt strategies such as enteringinto joint ventures, alliances and partnerships in order to expand their business and productlines. Apart from these key players, several other small and local companies are present in theAPAC region, and they account for a comparatively low market share.The potential for growth of the waste heat recovery systems market is very high in emergingeconomies in the APAC region. The markets in India and China are expected to registersignificant growth due to increasing industrial and infrastructural development initiatives inthese countries. Overall, the potential for growth of waste heat recovery systems market in theemerging and developing economies is quite promising in the near future.Report DescriptionReport DescriptionReport DescriptionFuture Market Insights (FMI) is a premier provider of syndicatedresearch reports, custom research reports, and consulting services.We deliver a complete packaged solution, which combines currentmarket intelligence, statistical anecdotes, technology inputs, valuablegrowth insights, aerial view of the competitive framework, andfuture market trends.We provide research services at a global as well as regional level;key regions include GCC, ASEAN, and BRIC.Research CapabilitiesCustomized ResearchSyndicated ResearchInvestment ResearchSocial Media ResearchSector CoverageAutomotive and TransportationElectronics, Semiconductor, and ICTRetail and Consumer ProductsIndustrial Automation and EquipmentChemicals & MaterialsFood and BeveragesServices and UtilitiesEnergy, Mining, Oil, and GasAbout UsFuture Market InsightsThank You!To know more about us, please visit our website: www.futuremarketinsights.comFor sales queries or new topics email us on: sales@futuremarketinsights.comFor other queries contact: Mr. Sudip SahaFuture Market Insights: 616 Corporate Way, Suite 2-9018,Valley Cottage, NY 10989, United States T: +1-347-918-3531 | D: +1-845-579-5705

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