Global Heat Recovery Steam Generator Market Insights and Forecast to 2026

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).
The market scale will keeps increasing in the next few years. Although sales of HRSG brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the HRSG field.

Market Analysis and Insights: Global Heat Recovery Steam Generator Market
The global Heat Recovery Steam Generator market size is projected to reach US$ 2512.8 million by 2026, from US$ 2413.7 million in 2020, at a CAGR of 3.8%% during 2021-2026.

Global Heat Recovery Steam Generator Scope and Segment
Heat Recovery Steam Generator market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Heat Recovery Steam Generator market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

Segment by Type, the Heat Recovery Steam Generator market is segmented into
Below 50MW
50MWBelow OutputBelow 100MW
100MWBelow OutputBelow 300MW
Above 300MW

Segment by Application, the Heat Recovery Steam Generator market is segmented into
Power Station
Industrial Production

Regional and Country-level Analysis
The Heat Recovery Steam Generator market is analysed and market size information is provided by regions (countries).
The key regions covered in the Heat Recovery Steam Generator market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Competitive Landscape

and Heat Recovery Steam Generator Market Share Analysis

Heat Recovery Steam Generator market competitive landscape provides details and data information by manufacturers. The report offers comprehensive analysis and accurate statistics on production capacity, price, revenue of Heat Recovery Steam Generator by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on production, revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue, and the production capacity, price, revenue generated in Heat Recovery Steam Generator business, the date to enter into the Heat Recovery Steam Generator market, Heat Recovery Steam Generator product introduction, recent developments, etc.
The major vendors covered:
Nooter Eriksen
BHI
Alstom Power
CMI Energy
Doosan E&C
NEM Energy
VOGT Power
STF
Babcock & Wilcox
Mitsubishi
Foster Wheeler (Wood)
Hangzhou Boiler
BHEL
Wuxi Huaguang

Frequently Asked Questions