The performance of waste heater boilers is a key element in the efforts of commercial facilities to hold down utility costs. For maintenance and engineering procedures in various industries, businesses trying to provide efficient boiler performance, the efficiency of the boiler is decided by the proportion of heat output to the amount of fuel utilized. According to the U.S Department of energy, traditional heating systems generally run between 56% to 70% efficiency, which is a substantial loss in energy savings. However, modern boilers and water heaters run around 80% efficiency, which provides significant energy savings when used in a number of industries. Thus, developing technologies offer promise in recovering waste heat more efficiently rather than traditional.
The North America Waste Heat Boiler market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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Canada Waste heat boiler market is expected to grow at a good CAGR in the forecast period. Canada is one of the major suppliers of the ores, semi-fabricated, as well as and fabricated mineral and metal products to over 100 countries globally. This process of fabrication of minerals in the factory generates huge waste, and these waste are used to used generate steam, which can be used for various other purposes through waste heat boilers. Hence, the requirement of a waste heat boiler to be installed in fabrication plants is high, which is fuelling the market.
These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for North America Waste Heat Boiler in the market.
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North America Waste Heat Boiler Market – MARKET SEGMENTATION
North America Waste Heat Boiler Market By Waste Heat Temperature
- Medium Temperature
- High Temperature
- Ultra-High Temperature
North America Waste Heat Boiler Market By Waste Heat Source
- Oil Engine Exhaust
- Gas Engine Exhaust
- Gas Turbine Exhaust
- Incinerator Exit Gases
- Kiln & Furnace Gases
North America Waste Heat Boiler Market By Orientation
North America Waste Heat Boiler Market By End-User
- Power Generation Utilities
- Oil & Gas
- Primary Metals
- Non-Metallic Minerals
North America Waste Heat Boiler Market By Country
North America Waste Heat Boiler Market-Companies Mentioned
- Alfa Laval
- Bosch Group
- CiTECH Energy Recovery Solutions (UK) LTD
- General Electric
- Kawasaki Heavy Industries, Ltd
- Siemens AG
- Thyssenkrupp AG
- Viessmann Group
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