Market Overview:
The Global High Temperature Recovery Wheels Market is expected to grow at a CAGR of XX% and reach a market value of USD XX million by 2030. The market is segmented by type, application and region. On the basis of type, the market is segmented into condensation rotors, hygroscopic rotors and sorption rotors. Condensation rotor dominated the global high temperature recovery wheel market in 2017 with a share of XX%. It is also projected to be the fastest growing segment during the forecast period owing to its ability to recover heat from flue gas at lower temperatures as compared to other types. Hygroscopic rotor held second largest share in 2017 and it accounted for XX% of total revenue generated in that year. Sorption rotor was least adopted type due to its high cost as compared to other two types mentioned earlier. However, this type has potential for future growth owing rising concerns over energy security & climate change across globe which would drive investments towards adoption of sorption based systems over next decade or so . On basis on application, commercial sector dominated global high temperature recovery wheel market with revenue contribution close XXX% in 2017 followed by residential sector which accounted for XXX% share that year respectively . Industrial sector captured remaining XXX % revenue share in same year .
Product Definition:
A High Temperature Recovery Wheel is a device that is used to recover heat from a gas turbine engine. The heat is then used to produce steam, which can be used to power a generator or other devices. The importance of High Temperature Recovery Wheels is that they can help increase the efficiency of gas turbine engines and reduce the amount of fuel that is needed to operate them.
Condensation Rotors:
Condensation rotors are used in the high temperature recovery wheels to remove water vapor from the gas stream. The growth factor for condensation rotors is based on its application and usage. In case of natural gas, it has been observed that approximately one-third of the total energy produced from a well is lost due to released steam into the atmosphere. Condensation rotor helps in removing this steam which ultimately increases production efficiency by reducing losses associated with it.
Hygroscopic Rotors:
Hygroscopic rotors are made of special materials that absorb moisture from the air and prevent it from getting to the hot parts. The absorbed moisture helps in cooling down the rotor, which reduces its temperature and increases its life.
The main function of hygroscopic rotors is to increase heat recovery in high temperature applications by preventing hot spots on the rotor surface caused due to friction or heating.
Application Insights:
The industrial application segment led the global high temperature recovery wheels market in 2017 and is projected to witness significant growth over the forecast period. Recovery of equipment from low-temperature operations to normal operating temperature quickly, safely and at a cost-effective manner is expected to drive the demand for HTRs in industrial applications.
Highly advanced materials are used for manufacturing HTRs as they have properties such as thermal stability, wear resistance, corrosion resistance and strength that meet industry standards. These factors are anticipated to increase product adoption across various industries including oil & gas, power generation and steel making where highly durable products are required.
Commercial applications accounted for over 30% of total market share in 2017 owing to their extensive use across hotels/resorts on account of rapid heating requirement during snow skiing or other outdoor sports activities held during winters months when ambient temperatures hover around 0°C or below.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand for energy recovery and increasing investments in HTR projects. The region is expected to dominate the global market over the forecast period. Increasing industrial activities coupled with rising commercial construction activities are projected to drive product demand further.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 due of rapid urbanization, industrialization, and infrastructure development in emerging economies such as China, India, Indonesia among others will boost product consumption over next eight years. Rising awareness regarding energy conservation will also have a positive impact on industry growths during forecast period North America held a significant share of global revenue due its large number of manufacturers operating at different locations across U.S., Canada, Mexico and other Central & South American countries/territories).
Growth Factors:
- Increasing demand for high temperature recovery wheels in the automotive and aerospace industries due to their ability to withstand high temperatures
- Growing popularity of gas turbine-based power generation systems, which is expected to drive the demand for high temperature recovery wheels
- Rising investments in renewable energy sources such as solar and wind power, which is likely to boost the market growth
- Proliferation of data centers across the globe, as they require efficient cooling solutions that can handle high temperatures
- Technological advancements in heat exchanger technology that are making it more feasible to use high temperature recovery wheels
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Recovery Wheels Market Research Report
By Type
Condensation Rotors, Hygroscopic Rotors, Sorption Rotors
By Application
Residential, Commercial, Industrial
By Companies
Pahwa Group（Bry-Air and DRI）, Ostberg, Hoval Group, Klingenburg, Eri Corporation, Greenheck, FlaktGroup SEMCO, NovelAire, HEATEX, Seibu Giken, Airxchange
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Recovery Wheels Market Report Segments:
The global High Temperature Recovery Wheels market is segmented on the basis of:
Types
Condensation Rotors, Hygroscopic Rotors, Sorption Rotors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pahwa Group（Bry-Air and DRI）
- Ostberg
- Hoval Group
- Klingenburg
- Eri Corporation
- Greenheck
- FlaktGroup SEMCO
- NovelAire
- HEATEX
- Seibu Giken
- Airxchange
Highlights of The High Temperature Recovery Wheels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Condensation Rotors
- Hygroscopic Rotors
- Sorption Rotors
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Temperature Recovery Wheels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Temperature Recovery Wheels are a type of wheel that is designed to help vehicles maintain better traction in high temperatures. These wheels are made from a special material that can withstand high temperatures, and they also have a coating on them that helps the vehicle stay in contact with the ground.
Some of the major players in the high temperature recovery wheels market are Pahwa Group（Bry-Air and DRI）, Ostberg, Hoval Group, Klingenburg, Eri Corporation, Greenheck, FlaktGroup SEMCO, NovelAire, HEATEX, Seibu Giken, Airxchange.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Temperature Recovery Wheels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Temperature Recovery Wheels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Temperature Recovery Wheels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Temperature Recovery Wheels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Temperature Recovery Wheels Market Size & Forecast, 2020-2028
4.5.1 High Temperature Recovery Wheels Market Size and Y-o-Y Growth
4.5.2 High Temperature Recovery Wheels Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Condensation Rotors
5.2.2 Hygroscopic Rotors
5.2.3 Sorption Rotors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Temperature Recovery Wheels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Temperature Recovery Wheels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Condensation Rotors
9.6.2 Hygroscopic Rotors
9.6.3 Sorption Rotors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Condensation Rotors
10.6.2 Hygroscopic Rotors
10.6.3 Sorption Rotors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Condensation Rotors
11.6.2 Hygroscopic Rotors
11.6.3 Sorption Rotors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Condensation Rotors
12.6.2 Hygroscopic Rotors
12.6.3 Sorption Rotors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Condensation Rotors
13.6.2 Hygroscopic Rotors
13.6.3 Sorption Rotors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Temperature Recovery Wheels Market: Competitive Dashboard
14.2 Global High Temperature Recovery Wheels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pahwa Group（Bry-Air and DRI）
14.3.2 Ostberg
14.3.3 Hoval Group
14.3.4 Klingenburg
14.3.5 Eri Corporation
14.3.6 Greenheck
14.3.7 FlaktGroup SEMCO
14.3.8 NovelAire
14.3.9 HEATEX
14.3.10 Seibu Giken
14.3.11 Airxchange
