Global Heat Recovery Steam Generator (HRSG) Competitive Landscape Professional Research Report 2024
Research Summary
A Heat Recovery Steam Generator (HRSG) is a crucial component in combined cycle power plants that captures and utilizes the waste heat produced during the combustion of fuel in a gas turbine. The HRSG recovers this otherwise lost heat and converts it into steam, which is then used to drive a steam turbine, generating additional electricity. Essentially, the HRSG maximizes the overall efficiency of a power generation system by extracting as much energy as possible from the exhaust gases of the gas turbine. HRSGs come in various designs, such as single-pressure, dual-pressure, or triple-pressure configurations, depending on the specific requirements of the power plant. This technology is a key element in improving the sustainability and efficiency of power generation, as it allows for the dual utilization of energy from a single fuel source, enhancing the overall performance of the combined cycle power plant.
According to DIResearch's in-depth investigation and research, the global Heat Recovery Steam Generator (HRSG) market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.
The major global manufacturers of Heat Recovery Steam Generator (HRSG) include BHI, Foster Wheeler, Nooter Eriksen, CMI Energy, Alstom Power, Doosan E&C, Siemens (NEM Energy), VOGT Power, STF, Mitsubishi, Babcock & Wilcox, Hangzhou Boiler, Bharat Heavy Electricals, Wuxi Huaguang etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.
This report studies the market size, price trends and future development prospects of Heat Recovery Steam Generator (HRSG). Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Heat Recovery Steam Generator (HRSG) market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Heat Recovery Steam Generator (HRSG) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Heat Recovery Steam Generator (HRSG) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Heat Recovery Steam Generator (HRSG) Include:
BHI
Foster Wheeler
Nooter Eriksen
CMI Energy
Alstom Power
Doosan E&C
Siemens (NEM Energy)
VOGT Power
STF
Mitsubishi
Babcock & Wilcox
Hangzhou Boiler
Bharat Heavy Electricals
Wuxi Huaguang
Heat Recovery Steam Generator (HRSG) Product Segment Include:
Below 50MW
50MW-100MW
100MW-300MW
Over 300MW
Heat Recovery Steam Generator (HRSG) Product Application Include:
Power Station
Industrial Production
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Heat Recovery Steam Generator (HRSG) Industry PESTEL Analysis
Chapter 3: Global Heat Recovery Steam Generator (HRSG) Industry Porter’s Five Forces Analysis
Chapter 4: Global Heat Recovery Steam Generator (HRSG) Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Heat Recovery Steam Generator (HRSG) Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Heat Recovery Steam Generator (HRSG) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources