Heat Recovery Steam Generator (HRSG) Industry Research Report 2024

Heat Recovery Steam Generator (HRSG) Industry Research Report 2024


Summary

A heat recovery steam generator or HRSG is an energy recovery heat exchanger that recovers heat from a hot gas stream. It produces steam that can be used in a process (cogeneration) or used to drive a steam turbine (combined cycle).
According to APO Research, The global Heat Recovery Steam Generator (HRSG) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Heat Recovery Steam Generator (HRSG) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Heat Recovery Steam Generator (HRSG) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Heat Recovery Steam Generator (HRSG) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Heat Recovery Steam Generator (HRSG) include , etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Heat Recovery Steam Generator (HRSG), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Recovery Steam Generator (HRSG).
The report will help the Heat Recovery Steam Generator (HRSG) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
The Heat Recovery Steam Generator (HRSG) market size, estimations, and forecasts are provided in terms of sales volume (MW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heat Recovery Steam Generator (HRSG) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

BHI
Foster Wheeler
Nooter Eriksen
CMI Energy
Alstom Power
Doosan E&C
Siemens (NEM Energy)
VOGT Power
STF
Babcock & Wilcox
Mitsubishi
Hangzhou Boiler
Bharat Heavy Electricals
Wuxi Huaguang
Heat Recovery Steam Generator (HRSG) segment by Type

Below 50MW
50MW-100MW
100MW-300MW
Over 300MW
Heat Recovery Steam Generator (HRSG) segment by Application

Power Station
Industrial Production
Heat Recovery Steam Generator (HRSG) Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heat Recovery Steam Generator (HRSG) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Heat Recovery Steam Generator (HRSG) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heat Recovery Steam Generator (HRSG).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Heat Recovery Steam Generator (HRSG) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Heat Recovery Steam Generator (HRSG) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Heat Recovery Steam Generator (HRSG) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Heat Recovery Steam Generator (HRSG) by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Below 50MW
2.2.3 50MW-100MW
2.2.4 100MW-300MW
2.2.5 Over 300MW
2.3 Heat Recovery Steam Generator (HRSG) by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Power Station
2.3.3 Industrial Production
2.4 Global Market Growth Prospects
2.4.1 Global Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Heat Recovery Steam Generator (HRSG) Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Heat Recovery Steam Generator (HRSG) Production Estimates and Forecasts (2019-2030)
2.4.4 Global Heat Recovery Steam Generator (HRSG) Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Heat Recovery Steam Generator (HRSG) Production by Manufacturers (2019-2024)
3.2 Global Heat Recovery Steam Generator (HRSG) Production Value by Manufacturers (2019-2024)
3.3 Global Heat Recovery Steam Generator (HRSG) Average Price by Manufacturers (2019-2024)
3.4 Global Heat Recovery Steam Generator (HRSG) Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Heat Recovery Steam Generator (HRSG) Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Heat Recovery Steam Generator (HRSG) Manufacturers, Product Type & Application
3.7 Global Heat Recovery Steam Generator (HRSG) Manufacturers, Date of Enter into This Industry
3.8 Global Heat Recovery Steam Generator (HRSG) Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 BHI
4.1.1 BHI Heat Recovery Steam Generator (HRSG) Company Information
4.1.2 BHI Heat Recovery Steam Generator (HRSG) Business Overview
4.1.3 BHI Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.1.4 BHI Product Portfolio
4.1.5 BHI Recent Developments
4.2 Foster Wheeler
4.2.1 Foster Wheeler Heat Recovery Steam Generator (HRSG) Company Information
4.2.2 Foster Wheeler Heat Recovery Steam Generator (HRSG) Business Overview
4.2.3 Foster Wheeler Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.2.4 Foster Wheeler Product Portfolio
4.2.5 Foster Wheeler Recent Developments
4.3 Nooter Eriksen
4.3.1 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Company Information
4.3.2 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Business Overview
4.3.3 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.3.4 Nooter Eriksen Product Portfolio
4.3.5 Nooter Eriksen Recent Developments
4.4 CMI Energy
4.4.1 CMI Energy Heat Recovery Steam Generator (HRSG) Company Information
4.4.2 CMI Energy Heat Recovery Steam Generator (HRSG) Business Overview
4.4.3 CMI Energy Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.4.4 CMI Energy Product Portfolio
4.4.5 CMI Energy Recent Developments
4.5 Alstom Power
4.5.1 Alstom Power Heat Recovery Steam Generator (HRSG) Company Information
4.5.2 Alstom Power Heat Recovery Steam Generator (HRSG) Business Overview
4.5.3 Alstom Power Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.5.4 Alstom Power Product Portfolio
4.5.5 Alstom Power Recent Developments
4.6 Doosan E&C
4.6.1 Doosan E&C Heat Recovery Steam Generator (HRSG) Company Information
4.6.2 Doosan E&C Heat Recovery Steam Generator (HRSG) Business Overview
4.6.3 Doosan E&C Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.6.4 Doosan E&C Product Portfolio
4.6.5 Doosan E&C Recent Developments
4.7 Siemens (NEM Energy)
4.7.1 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Company Information
4.7.2 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Business Overview
4.7.3 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.7.4 Siemens (NEM Energy) Product Portfolio
4.7.5 Siemens (NEM Energy) Recent Developments
4.8 VOGT Power
4.8.1 VOGT Power Heat Recovery Steam Generator (HRSG) Company Information
4.8.2 VOGT Power Heat Recovery Steam Generator (HRSG) Business Overview
4.8.3 VOGT Power Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.8.4 VOGT Power Product Portfolio
4.8.5 VOGT Power Recent Developments
4.9 STF
4.9.1 STF Heat Recovery Steam Generator (HRSG) Company Information
4.9.2 STF Heat Recovery Steam Generator (HRSG) Business Overview
4.9.3 STF Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.9.4 STF Product Portfolio
4.9.5 STF Recent Developments
4.10 Babcock & Wilcox
4.10.1 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Company Information
4.10.2 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Business Overview
4.10.3 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.10.4 Babcock & Wilcox Product Portfolio
4.10.5 Babcock & Wilcox Recent Developments
4.11 Mitsubishi
4.11.1 Mitsubishi Heat Recovery Steam Generator (HRSG) Company Information
4.11.2 Mitsubishi Heat Recovery Steam Generator (HRSG) Business Overview
4.11.3 Mitsubishi Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.11.4 Mitsubishi Product Portfolio
4.11.5 Mitsubishi Recent Developments
4.12 Hangzhou Boiler
4.12.1 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Company Information
4.12.2 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Business Overview
4.12.3 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.12.4 Hangzhou Boiler Product Portfolio
4.12.5 Hangzhou Boiler Recent Developments
4.13 Bharat Heavy Electricals
4.13.1 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Company Information
4.13.2 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Business Overview
4.13.3 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.13.4 Bharat Heavy Electricals Product Portfolio
4.13.5 Bharat Heavy Electricals Recent Developments
4.14 Wuxi Huaguang
4.14.1 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Company Information
4.14.2 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Business Overview
4.14.3 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2019-2024)
4.14.4 Wuxi Huaguang Product Portfolio
4.14.5 Wuxi Huaguang Recent Developments
5 Global Heat Recovery Steam Generator (HRSG) Production by Region
5.1 Global Heat Recovery Steam Generator (HRSG) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Heat Recovery Steam Generator (HRSG) Production by Region: 2019-2030
5.2.1 Global Heat Recovery Steam Generator (HRSG) Production by Region: 2019-2024
5.2.2 Global Heat Recovery Steam Generator (HRSG) Production Forecast by Region (2025-2030)
5.3 Global Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Heat Recovery Steam Generator (HRSG) Production Value by Region: 2019-2030
5.4.1 Global Heat Recovery Steam Generator (HRSG) Production Value by Region: 2019-2024
5.4.2 Global Heat Recovery Steam Generator (HRSG) Production Value Forecast by Region (2025-2030)
5.5 Global Heat Recovery Steam Generator (HRSG) Market Price Analysis by Region (2019-2024)
5.6 Global Heat Recovery Steam Generator (HRSG) Production and Value, YOY Growth
5.6.1 North America Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2019-2030)
5.6.5 South Korea Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2019-2030)
5.6.6 India Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2019-2030)
6 Global Heat Recovery Steam Generator (HRSG) Consumption by Region
6.1 Global Heat Recovery Steam Generator (HRSG) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Heat Recovery Steam Generator (HRSG) Consumption by Region (2019-2030)
6.2.1 Global Heat Recovery Steam Generator (HRSG) Consumption by Region: 2019-2030
6.2.2 Global Heat Recovery Steam Generator (HRSG) Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Heat Recovery Steam Generator (HRSG) Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Heat Recovery Steam Generator (HRSG) Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Heat Recovery Steam Generator (HRSG) Production by Type (2019-2030)
7.1.1 Global Heat Recovery Steam Generator (HRSG) Production by Type (2019-2030) & (MW)
7.1.2 Global Heat Recovery Steam Generator (HRSG) Production Market Share by Type (2019-2030)
7.2 Global Heat Recovery Steam Generator (HRSG) Production Value by Type (2019-2030)
7.2.1 Global Heat Recovery Steam Generator (HRSG) Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Type (2019-2030)
7.3 Global Heat Recovery Steam Generator (HRSG) Price by Type (2019-2030)
8 Segment by Application
8.1 Global Heat Recovery Steam Generator (HRSG) Production by Application (2019-2030)
8.1.1 Global Heat Recovery Steam Generator (HRSG) Production by Application (2019-2030) & (MW)
8.1.2 Global Heat Recovery Steam Generator (HRSG) Production by Application (2019-2030) & (MW)
8.2 Global Heat Recovery Steam Generator (HRSG) Production Value by Application (2019-2030)
8.2.1 Global Heat Recovery Steam Generator (HRSG) Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Application (2019-2030)
8.3 Global Heat Recovery Steam Generator (HRSG) Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Heat Recovery Steam Generator (HRSG) Value Chain Analysis
9.1.1 Heat Recovery Steam Generator (HRSG) Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Heat Recovery Steam Generator (HRSG) Production Mode & Process
9.2 Heat Recovery Steam Generator (HRSG) Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Heat Recovery Steam Generator (HRSG) Distributors
9.2.3 Heat Recovery Steam Generator (HRSG) Customers
10 Global Heat Recovery Steam Generator (HRSG) Analyzing Market Dynamics
10.1 Heat Recovery Steam Generator (HRSG) Industry Trends
10.2 Heat Recovery Steam Generator (HRSG) Industry Drivers
10.3 Heat Recovery Steam Generator (HRSG) Industry Opportunities and Challenges
10.4 Heat Recovery Steam Generator (HRSG) Industry Restraints
11 Report Conclusion
12 Disclaimer

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