Energy Recovery Technologies Market is Expected to grow at a robust CAGR of 5.25% through 2030F
Energy Recovery Technologies Market is increasing due to the
rising need for energy efficiency and sustainable industrial operations during
the forecast period 2026-2030F.
According to TechSci Research report, “Energy Recovery Technologies Market
– Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2020-2030F”, The Global Energy Recovery
Technologies Market was valued at USD 35.86 billion in 2024 and is expected to
reach USD 49.19 billion by 2030 with a CAGR of 5.25% during the forecast
period.
Rapid industrialization and infrastructure
development, particularly in emerging economies, are driving the Energy
Recovery Technologies Market by increasing the demand for energy-efficient
solutions in new and expanding industrial facilities. Countries like China,
India, and Brazil are experiencing significant industrial growth, leading to
higher energy consumption and a pressing need to optimize resource use. Energy
recovery technologies, such as waste heat recovery systems and pressure
exchangers, are being integrated into new manufacturing plants, refineries, and
wastewater treatment facilities to reduce energy costs and enhance
sustainability.
These technologies are particularly valuable in
energy-intensive industries like cement, steel, and petrochemicals, where they
can recover significant amounts of energy from high-temperature processes.
Additionally, large-scale infrastructure projects, such as smart cities and
green buildings, are incorporating energy recovery systems to meet energy
efficiency standards and reduce operational costs. The growing focus on
sustainable industrial practices, coupled with government incentives for
energy-efficient infrastructure, is fueling demand for these technologies. As
industrialization continues to accelerate in developing regions, the Energy
Recovery Technologies Market is expected to see robust growth, driven by the
need to support energy-intensive operations with sustainable solutions.
The World Bank reported in 2024 that industrial output
in emerging economies grew by 6.2% annually, with energy consumption rising to
85 exajoules. Energy recovery technologies could reduce this by 12-18%, saving
10.2 to 15.3 exajoules per year, equivalent to the energy consumption of 2.5 to
3.8 million households.
Another critical challenge for the Energy Recovery
Technologies Market lies in the inconsistency and unpredictability of
regulatory and policy frameworks across different regions and countries.
Although many governments promote energy efficiency and emissions reduction
through policy initiatives, there is a noticeable lack of standardized
regulations and compliance benchmarks specific to energy recovery systems. This
inconsistency complicates strategic decision-making for multinational
corporations and energy-intensive industries that operate across borders. In
regions with weak regulatory enforcement or absence of specific mandates for
energy recovery, companies have little incentive to invest in such
technologies, as there are no compulsory performance thresholds or penalties
for inefficient energy use.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on the "Global Energy Recovery Technologies Market"
Based on End-User, the
Manufacturing and Heavy Industry segment dominated the Energy Recovery
Technologies Market and is anticipated to maintain its dominance throughout the
forecast period. This segment leads primarily due to its substantial energy
consumption across various industrial operations such as metal processing,
cement production, glass manufacturing, and other high-temperature,
energy-intensive processes. These industries generate significant amounts of
waste energy in the form of heat, mechanical motion, and exhaust gases, which
can be efficiently captured and repurposed using energy recovery technologies.
The growing focus on enhancing energy efficiency,
reducing operational costs, and complying with stringent environmental
regulations has further accelerated the adoption of such technologies in this
segment. Moreover, the integration of energy recovery solutions aligns with
global decarbonization strategies and corporate sustainability goals, making
them increasingly attractive for large-scale industrial operations. Governments
across developed and developing economies are also offering fiscal incentives
and regulatory support to encourage the implementation of energy-efficient
systems, which has further propelled market penetration in this segment.
Additionally, the emergence of smart manufacturing and
Industry 4.0 practices has led to the modernization of legacy infrastructure,
incorporating advanced technologies like thermoelectric generators, organic
Rankine cycle systems, and waste heat recovery units. These innovations allow
for better system optimization and performance tracking, thereby enhancing the
viability and return on investment for energy recovery technologies.
North America has emerged as the fastest-growing region in the global Energy Recovery Technologies Market, driven by a combination of regulatory initiatives, industrial modernization, and rising energy efficiency awareness. The region, particularly the United States and Canada, has witnessed a sharp increase in the adoption of energy recovery systems across sectors such as manufacturing, oil & gas, chemical processing, data centers, and HVAC systems. Regulatory bodies like the U.S. Department of Energy and Environmental Protection Agency (EPA) have implemented strict energy efficiency mandates and carbon reduction goals, encouraging businesses to adopt energy recovery technologies such as waste heat recovery units, regenerative thermal oxidizers, and energy recovery ventilators.
In addition, the increasing demand for sustainable operations and reduced operational costs is pushing industrial and commercial facilities to invest in technologies that can capture and reuse energy that would otherwise be wasted. Significant investments in smart grid infrastructure, green buildings, and circular economy practices also contribute to the region's rapid growth. Major players like Johnson Controls, Lennox International, and Trane Technologies are headquartered in North America and actively expanding their energy-efficient product portfolios. With strong policy support, technological innovation, and rising environmental consciousness, North America is poised to continue leading growth in the global energy recovery technologies market.
Key market players in the Global Energy
Recovery Technologies Market are: -
- Schneider Electric SE
- General Electric
Company
- Siemens Energy AG
- Mitsubishi Heavy Industries, Ltd.
- ABB Ltd.
- Alfa Laval AB
- Exergy International
Srl
- Ormat Technologies Inc.
- Echogen Power Systems
Inc.
- Dürr AG
Download Free Sample Report
Customers can
also request for 10% free customization on this report.
“The Global Energy Recovery Technologies
Market is poised for strong future growth, with key drivers including rising
energy costs, stringent climate regulations, and a growing emphasis on
industrial decarbonization. The growth is being accelerated by advancements in
modular solutions, digital monitoring, artificial intelligence optimization,
and hybrid systems such as Organic Rankine Cycles and thermoelectric
generators. Emerging markets in Asia Pacific, Latin America, and Middle East
and Africa are also gaining traction due to industrial expansion and supportive
government policies, further contributing to global market momentum.” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based Global
management consulting firm.
“Energy Recovery Technologies Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Technology (Waste Heat Recovery Units, Organic Rankine Cycle Systems, Regenerative Braking Systems, Energy Recovery Ventilation Systems, Pressure Energy Recovery Devices, Thermoelectric Generators, Flywheel Energy Storage), By Energy Source (Waste Heat, Mechanical Motion, Exhaust Gases, Pressure Differentials, Renewable Thermal Sources), By End-User (Manufacturing and Heavy Industry, Utilities and Independent Power Producers, Transportation and Logistics, Construction and Real Estate, Chemical and Petrochemical, Food and Beverage Processing), By Region, and By Competition 2020-2030F,” has evaluated the future
growth potential of Global Energy Recovery Technologies Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Energy Recovery Technologies Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
M: +13322586602
Email: [email protected]
Website: https://www.techsciresearch.com