Top 50 Companies in Waste to Energy Market: Market Research Report (2024–2035)
RELEASE DATE: Aug 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Waste to Energy Market Size is projected To Grow from USD 17.74 Billion in 2024 to USD 67.34 Billion by 2035, at a CAGR of 12.89% during the forecast period 2025–2035. The need for smart water management systems has significantly increased due to the population boom, quick economic growth, and ongoing urbanization of several economies. These factors are anticipated to be key factors driving market expansion throughout the forecast period.
Introduction
Water is a vital natural resource that, if not managed properly, might have disastrous consequences. Water management systems allow for better water management and reduce water waste. Some significant factors that favorably impact the market potential for smart water management systems during the forecast period include rapid urbanization, rising water consumption, stringent regulations to control water usage, growing adoption of smart technologies, and growing emphasis on sustainable living. The market growth for smart water management systems is anticipated to be constrained through 2028 by a shortage of skilled labor and the high implementation costs. As the emphasis on water management grows globally, the tendency is anticipated to shift. Water Management (SWM) uses real-time data, information and communication technology (ICT), and reaction to address water management concerns. SWM is gaining attention as governments from all over the world attempt to incorporate smart concepts into national, regional, and urban SMW initiatives. Among other issues, smart systems are used in water management to address water quality, leaks, effective irrigation, pressure, water quantity, flow, floods, and drought. By putting in place SWM infrastructure which includes satellite mapping and GIS, sensors, monitors, smart meters, and other data-sharing tools for water management real-time solutions can be put into place and large networks collaborate to address the present problems with water management.
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The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.
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Waste to Energy Market Size & Statistics
- The Market for Waste to Energy was estimated to be worth USD 17.74 Billion in 2024.
- The Market is Going to Expand at a CAGR of 12.89% between 2025 and 2035.
- The Global Waste to Energy Market Size is anticipated to reach USD 67.34 Billion by 2035.
- North America is Expected to Generate the highest demand during the forecast period in the waste to energy market
- Asia Pacific is Expected to grow the fastest during the forecast period in the waste to energy market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the waste to energy market. Asia Pacific stands out as the fastest-growing region, where rapid urbanization and industrial development in major economies like China and India fuel soaring water demand. Regional governments are spearheading infrastructure investment, updated policies, and smart city initiatives to tackle water scarcity and frequent disasters such as droughts and floods. This environment accelerates adoption of integrated water management solutions, ensuring efficient distribution, waste reduction, and future-proof resilience for both metropolitan and rural communities.
North America is expected to generate the highest demand during the forecast period in the waste to energy market. North America’s water management market is propelled by a pressing need to modernize aging infrastructure and comply with stringent environmental regulations. The region leads in adopting smart water technologies, such as IoT-based leak detection and advanced metering, driven by sustainability mandates and substantial infrastructure investments. These innovations address substantial water loss in urban networks, optimize resource allocation, and help cities and utilities proactively manage supply amidst fluctuating climate conditions.
Top 10 trends in the Waste to Energy Market
- Integrated water management and digitalization
- Decentralized and modular water treatment solutions
- Smart water management and IoT-enabled monitoring
- Sustainable infrastructure development
- Climate resilience and adaptation strategies
- Advanced water treatment technologies
- Circular economy and water reuse initiatives
- Cybersecurity in water infrastructure
- Flood prevention and nature-based solutions
- Blockchain for water quality and resource management
1. Integrated water management and digitalization
Digital twins, AI, and data analytics are revolutionizing the sector by enabling utilities to coordinate resources, predict failures, and reduce maintenance costs. Integrated water resource management uses real-time data to balance demand, optimize distribution, and support rapid responses to scarcity and quality issues.
2. Decentralized and modular water treatment solutions
Deployment of small-scale, modular treatment plants offers flexibility and quick rollout, especially in rural and rapidly urbanizing regions. These decentralized systems ensure regulatory compliance via IoT, while supporting sustainable treatment where traditional infrastructure is lacking.
3. Smart water management and IoT-enabled monitoring
Smart meters, sensors, and advanced analytics allow real-time leak detection, consumption tracking, and anomaly alerts, resulting in significant reductions in water loss, improved operational efficiency, and better resource optimization. The rapid integration of IoT platforms is transforming both utilities and industries.
4. Sustainable infrastructure development
Sustainability drives infrastructure upgrades, focusing on reducing energy usage, carbon footprint, and incorporating circular economy principles. This includes upgrading existing systems, utilizing eco-friendly materials, and designing for long-term environmental impact mitigation.
5. Climate resilience and adaptation strategies
Water management systems are increasingly being designed to withstand droughts, floods, and other climate change impacts. This includes smart flood barriers, predictive forecasting, nature-based solutions, and urban reforestation to boost infiltration and reduce runoff, making cities and industries more resilient to extreme events.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the waste to energy market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Waste to Energy Market
- Veolia Environnement SA
- SUEZ SA
- Covanta Holding Corporation
- Mitsubishi Heavy Industries Environmental & Chemical Engineering (MHIEC)
- Waste Management Inc.
- AND the remaining 20 companies by name only:
- Babcock & Wilcox Enterprises, Inc.
- Hitachi Zosen Corporation
- John Zink Hamworthy Combustion
- Wheelabrator Technologies, Inc.
- Den Kurk Enterprises B.V.
- Thermogenics International Ltd.
- Xcel Energy Inc.
- Keppel Seghers
- E.ON SE
- Asmul Enerji
- Air Products and Chemicals, Inc.
- Bharat Heavy Electricals Limited (BHEL)
- China Everbright International Limited
- Covanta
- Enerkem Inc.
- KBR, Inc.
- Doosan Lentjes
- Pentair plc
- Praj Industries Limited
- Sembcorp Industries Ltd.
1. Veolia Environnement S.A.
Headquarters: Aubervilliers, France
Veolia Environnement S.A. is the global leader in water management systems, specializing in the delivery, treatment, and recycling of water for municipalities and industries. With nearly 215,000 employees in 56 countries, Veolia innovates across the water cycle, using advanced digital platforms and smart water management to optimize resource use and enhance water quality. Through integrated solutions that span water, waste, and energy management, Veolia supplies over 111 million people with clean water and manages thousands of treatment plants. The company is driven by sustainability, pioneering water reuse and leak detection technologies, making it central to the future of smart, resilient water infrastructure worldwide.
2. Suez SA
Headquarters: Paris, France
Suez SA is a major global player in water and waste management, with a particular strength in advanced water management systems. Headquartered in Paris and operating in over 40 countries, Suez provides drinking water for 57 million people and sanitation services for 36 million. The company excels in digital water solutions, resource optimization, and circular economy practices, ensuring efficient, sustainable supply and treatment. SUEZ’s commitment to smart water management is reflected in comprehensive solutions for leak prevention, water quality monitoring, and resilient infrastructure. With a 160-year heritage and a focus on urban and industrial clients, Suez is at the forefront of sustainable water technologies.
3. Xylem Inc.
Headquarters: Rye Brook, New York, USA
Xylem Inc. is a top-tier water technology provider, serving over 150 countries with innovative smart water infrastructure and analytics solutions. Based in Rye Brook, New York, Xylem delivers cutting-edge products for water transport, treatment, and real-time data-driven management, helping utilities and industries address water scarcity, quality, and system efficiency. The company’s suite of IoT-enabled solutions enables predictive maintenance, leak detection, and process automation for both utilities and industrial customers. Xylem’s dedication to technological innovation and sustainability makes it an essential partner in global water management transformation, with a focus on advancing climate resilience and operational efficiency.
4. American Water Works Company, Inc.
Headquarters: Camden, New Jersey, USA
American Water Works Company is the largest regulated water and wastewater utility in the United States. Founded in 1886 and headquartered in Camden, New Jersey, the company delivers reliable and affordable water and wastewater services to over 14 million people in 24 states. American Water focuses on sustainable utility management, investing in advanced water quality monitoring, resilient infrastructure upgrades, and digital system management. Its national footprint and expertise in urban and military water systems position it as a critical player in America’s smart water management landscape, prioritizing safety, sustainability, and customer service.
5. Pentair plc
Headquarters: London, UK
Pentair plc is a global water treatment and management leader, renowned for its portfolio of smart, sustainable solutions across residential, business, and industrial sectors. With operations in over 150 countries and headquarters in London, Pentair designs advanced products for filtration, desalination, water reuse, and digital system control. The company’s focus on IoT-based water management and innovative water efficiency technologies supports conservation, operational efficiency, and sustainability. Pentair’s commitment to helping the world sustain and improve water usage makes it a trusted partner across diverse industries and geographies seeking to modernize water infrastructure.
Are you ready to discover more about the waste to energy market?
The report provides an in-depth analysis of the leading companies operating in the global waste to energy market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Veolia Environnement SA
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- SUEZ SA
- Covanta Holding Corporation
- Mitsubishi Heavy Industries Environmental & Chemical Engineering (MHIEC)
- Waste Management Inc.
- AND the remaining 20 companies by name only:
- Babcock & Wilcox Enterprises, Inc.
- Hitachi Zosen Corporation
- John Zink Hamworthy Combustion
- Others.
Conclusion
The waste to energy market is rapidly advancing as governments, industries, and communities seek sustainable solutions for both waste management and energy generation. Increasing waste volumes, stricter environmental regulations, and the depletion of traditional energy resources are fueling market growth and technological innovation. Regions like Asia Pacific and North America are leading the way, driven by rising urbanization, energy needs, and climate action goals. Advanced waste conversion technologies and integration with circular economy principles are reshaping the sector, making it a critical component of global efforts to reduce landfill reliance and lower emissions. As the market evolves, investment in clean, efficient waste-to-energy systems will play a pivotal role in achieving future energy and environmental targets.
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