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1451848

2024-2032 年按設計、額定功率、應用、最終用戶和地區熱回收蒸汽產生器市場報告

Heat Recovery Steam Generator Market Report by Design, Power Rating, Application, End User, and Region 2024-2032
出版日期: | 出版商: IMARC | 英文 139 Pages | 商品交期: 2-3個工作天內

價格

2023年，全球熱回收蒸汽發生器市場規模達到13億美元。展望未來， IMARC Group預計到2032年市場規模將達到18億美元，2024-2032年複合年成長率（CAGR）為3.95%。由於人們對工業過程對環境的有害影響的認知不斷提高、工業設施中能源需求的不斷增加以及能源來源日益多樣化以減少碳足跡，該市場正在經歷穩定成長。

熱回收蒸汽產生器市場分析：

市場成長與規模：由於對能源效率和永續發電的需求不斷成長，熱回收蒸汽發生器（HRSG）市場正在經歷穩定成長。

主要市場促進因素：主要促進因素包括日益重視減少碳排放以及提高發電和工業流程的營運效率。

技術進步：餘熱鍋爐設計和材料的創新正在帶來更有效率、靈活和環保的系統。更快的啟動時間和處理波動電力需求的能力等進步使餘熱鍋爐在各個領域更具吸引力。

產業應用：餘熱鍋爐可應用於多種產業，包括公用事業、化學、煉油廠以及紙漿和造紙。它們回收廢熱用於額外發電或工業用途的能力使其在提高這些行業的能源效率方面具有重要價值。

主要市場趨勢：趨勢包括擴大採用聯合循環和熱電聯產電廠，以及重點關注使用餘熱鍋爐改造現有電廠。針對特定產業需求客製化的餘熱鍋爐解決方案的需求也在不斷成長。

地理趨勢：在工業設施不斷成長的能源需求的支持下，北美主導市場。然而，由於人們對減少碳足跡的認知不斷提高和關注度不斷提高，亞太地區正在成為一個快速成長的市場。

競爭格局：市場競爭激烈，主要參與者從事技術創新、策略夥伴關係和併購 (M&A)。這些公司致力於擴大其產品組合併增強其全球影響力，以滿足市場的多樣化需求。

挑戰與機會：挑戰包括需要持續的技術創新和適應不斷變化的環境法規。儘管如此，過渡到更永續的能源實踐的機會預計將克服這些挑戰。

熱回收蒸汽產生器市場趨勢：

日益成長的能源效率問題

在快速發展的工業格局中，能源效率是一個關鍵問題。減少能源消耗和最大限度地減少環境影響的需求正在成為各行業企業的首要任務。對永續性的高度關注正在刺激對熱回收蒸汽發生器 (HRSG) 系統等節能解決方案的需求。 HRSG 系統旨在捕獲和再利用工業製程或發電過程中產生的廢熱。隨著公司努力減少碳足跡並降低營運成本，餘熱鍋爐系統提供了一個有吸引力的解決方案。它們不僅有助於節約能源，還使企業能夠滿足嚴格的排放法規。餘熱鍋爐系統可以節省燃料消耗和營運費用。這種成本效益使它們成為尋求最佳化營運同時為綠色環境做出貢獻的公司的有吸引力的選擇。此外，人們對工業過程對環境有害影響的認知不斷提高，也支持了市場的成長。

聯合循環發電廠的採用率不斷提高

全球向清潔能源的轉型和不斷成長的電力需求正在增加聯合循環發電廠的採用。這些先進的設施利用燃氣渦輪機和蒸汽渦輪機高效發電。餘熱鍋爐機組在此類發電廠中發揮關鍵作用，它捕獲燃氣渦輪機廢氣中的廢熱並將其轉化為蒸汽，驅動蒸汽渦輪機進行額外發電。這種整合方法顯著提高了聯合循環發電廠的整體發電效率。隨著世界各國政府鼓勵向更清潔的替代能源過渡，配備餘熱鍋爐系統的聯合循環工廠變得越來越有吸引力。餘熱鍋爐技術與減少溫室氣體排放和提供可靠發電的目標完美契合。因此，由於餘熱鍋爐與清潔電力生產密切相關，其需求不斷增加。隨著越來越多的國家採用永續能源解決方案，這一趨勢預計將持續下去，從而推動對餘熱鍋爐系統的需求。

工業擴張和基礎設施發展

隨著經濟成長和城市化進程的持續，對可靠發電解決方案的需求不斷增加。餘熱鍋爐系統不僅在傳統發電廠中得到應用，而且在石油和天然氣、化學和製造業等各個行業中都有應用。在這些領域，餘熱鍋爐機組用於蒸汽發生和能量回收。工業中的各種製程都需要蒸汽，餘熱鍋爐系統透過利用廢熱有效地提供蒸汽。這不僅降低了能源成本，還確保了更永續和環保的營運。工業設施和基礎設施項目的持續擴張凸顯了餘熱鍋爐系統的重要性。它們使企業能夠有效滿足能源需求，同時遵守嚴格的環境法規。此外，餘熱鍋爐技術的多功能性使其能夠適應廣泛的工業應用。

目錄

第1章：前言

第 2 章：範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章：執行摘要

第 4 章：簡介

  • 概述
  • 主要行業趨勢

第 5 章：全球熱回收蒸汽產生器市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場預測

第 6 章：市場區隔：有意為之

  • 水平滾筒
    • 市場走向
    • 市場預測
  • 直立式滾筒
    • 市場走向
    • 市場預測

第 7 章：市場區隔：按額定功率

  • 30兆瓦
    • 市場走向
    • 市場預測
  • 31兆瓦 - 100兆瓦
    • 市場走向
    • 市場預測
  • 100兆瓦
    • 市場走向
    • 市場預測

第 8 章：市場區隔：按應用

  • 熱電聯產
    • 市場走向
    • 市場預測
  • 複合循環
    • 市場走向
    • 市場預測

第 9 章：市場區隔：按最終用戶

  • 公用事業
    • 市場走向
    • 市場預測
  • 化學品
    • 市場走向
    • 市場預測
  • 煉油廠
    • 市場走向
    • 市場預測
  • 紙漿和造紙
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 10 章：市場區隔：按地區

  • 北美洲
    • 美國
      • 市場走向
      • 市場預測
    • 加拿大
      • 市場走向
      • 市場預測
  • 亞太
    • 中國
      • 市場走向
      • 市場預測
    • 日本
      • 市場走向
      • 市場預測
    • 印度
      • 市場走向
      • 市場預測
    • 韓國
      • 市場走向
      • 市場預測
    • 澳洲
      • 市場走向
      • 市場預測
    • 印尼
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 歐洲
    • 德國
      • 市場走向
      • 市場預測
    • 法國
      • 市場走向
      • 市場預測
    • 英國
      • 市場走向
      • 市場預測
    • 義大利
      • 市場走向
      • 市場預測
    • 西班牙
      • 市場走向
      • 市場預測
    • 俄羅斯
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 拉丁美洲
    • 巴西
      • 市場走向
      • 市場預測
    • 墨西哥
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 中東和非洲
    • 市場走向
    • 市場細分：按國家/地區
    • 市場預測

第 11 章：促進因素、限制與機會

  • 概述
  • 促進要素
  • 限制
  • 機會

第 12 章：價值鏈分析

第 13 章：波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 14 章：價格分析

第15章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • AC Boilers SPA (Sofinter SpA)
    • Babcock & Wilcox Enterprises Inc.
    • Cleaver-Brooks Inc.
    • Clayton Industries Inc.
    • General Electric Company
    • John Cockerill
    • Kawasaki Heavy Industries Ltd.
    • Mitsubishi Heavy Industries Ltd.
    • Nooter/Eriksen Inc. (CIC Group Inc.)
    • NEM Energy BV
    • Rentech Boilers Systems Inc.
    • Thermax Limited
Product Code: SR112024A8232

The global heat recovery steam generator market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.95% during 2024-2032. The market is experiencing steady growth driven by the heightened awareness about the harmful impacts of industrial processes on the environment, rising energy demands in the industrial setups, and increasing diversification of energy sources to reduce carbon footprint.

Heat Recovery Steam Generator Market Analysis:

Market Growth and Size: The heat recovery steam generator (HRSG) market is experiencing stable growth, on account of the increasing demand for energy efficiency and sustainable power generation.

Major Market Drivers: Key drivers include the growing emphasis on reducing carbon emissions and enhancing operational efficiency in power generation and industrial processes.

Technological Advancements: Innovation in HRSG design and materials is leading to more efficient, flexible, and environment-friendly systems. Advancements, such as quicker start-up times and the ability to handle fluctuating power demands, are making HRSGs more appealing across various sectors.

Industry Applications: HRSGs find applications in diverse industries, including utility, chemicals, refineries, and pulp and paper. Their ability to recover waste heat for additional power generation or industrial use makes them valuable in enhancing energy efficiency across these sectors.

Key Market Trends: Trends include the increasing adoption of combined cycle and cogeneration plants and a focus on retrofitting existing plants with HRSGs. The demand for customized HRSG solutions tailored to specific industry needs is also rising.

Geographical Trends: North America dominates the market, supported by increasing energy demands in industrial setups. However, Asia Pacific is emerging as a fast-growing market on account of the increasing awareness and rising focus on reducing carbon footprint.

Competitive Landscape: The market is competitive, with key players engaged in technological innovation, strategic partnerships, and mergers and acquisitions (M&As). These companies are focusing on expanding their product portfolios and enhancing their global presence to meet the diverse needs of the market.

Challenges and Opportunities: Challenges include the need for continuous technological innovation and adaptation to changing environmental regulations. Nonetheless, opportunities for transitioning to more sustainable energy practices are projected to overcome these challenges.

Heat Recovery Steam Generator Market Trends:

Growing energy efficiency concerns

In the rapidly evolving industrial landscape, energy efficiency stands as a critical concern. The need to reduce energy consumption and minimize environmental impact is becoming a top priority for businesses across various sectors. This heightened focus on sustainability is catalyzing the demand for energy-efficient solutions like heat recovery steam generator (HRSG) systems. HRSG systems are designed to capture and reuse waste heat generated during industrial processes or power generation. As companies strive to reduce their carbon footprint and cut operational costs, HRSG systems provide an attractive solution. They not only help in conserving energy but also enable businesses to meet stringent emission regulations. HRSG systems can lead to savings in fuel consumption and operating expenses. This cost-effectiveness makes them an appealing choice for companies seeking to optimize their operations while simultaneously contributing to a greener environment. Moreover, the rising awareness about the harmful impacts of industrial processes on the environment is supporting the market growth.

Increasing adoption in combined cycle power plants

The global transition towards cleaner energy sources and the growing demand for electricity is increasing the adoption of combined cycle power plants. These advanced facilities generate electricity efficiently by utilizing both gas and steam turbines. HRSG units play a pivotal role in such power plants by capturing the waste heat from the gas turbine exhaust and converting it into steam, which drives a steam turbine for additional power generation. This integrated approach significantly boosts the overall efficiency of electricity generation in combined cycle power plants. With governments worldwide encouraging the transition to cleaner energy alternatives, combined cycle plants equipped with HRSG systems are becoming increasingly attractive. HRSG technology aligns perfectly with the goals of reducing greenhouse gas emissions and providing reliable power generation. As a result, the demand for HRSG is increasing due to its close association with cleaner power production. This trend is expected to continue as more countries embrace sustainable energy solutions, thereby driving the demand for HRSG systems.

Industrial expansion and infrastructure development

As economies grow and urbanization continues, the demand for reliable power generation solutions is escalating. HRSG systems are finding applications not only in traditional power plants but also in various industries, such as oil and gas, chemicals, and manufacturing. In these sectors, HRSG units are used for steam generation and energy recovery. Industries require steam for various processes, and HRSG systems efficiently provide it by harnessing waste heat. This not only reduces energy costs but also ensures a more sustainable and eco-friendly operation. The ongoing expansion of industrial facilities and infrastructure projects underscores the significance of HRSG systems. They enable businesses to meet their energy needs efficiently while adhering to stringent environmental regulations. Moreover, the versatility of HRSG technology makes it adaptable to a wide range of industrial applications.

Heat Recovery Steam Generator Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on design, power rating, application, and end user.

Breakup by Design:

Horizontal Drum

Vertical Drum

Horizontal drum accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the design. This includes horizontal drum and vertical drum. According to the report, horizontal drum represented the largest segment.

The horizontal drum segment dominates the market, largely due to its widespread application in large power plants and industrial settings. This design typically features horizontal steam and water drums with vertically positioned heat exchange tubes. The horizontal configuration allows for a larger steam and water storage capacity, providing a more stable response to load changes and making it well-suited for high-capacity operations. Horizontal drum HRSGs are preferred in situations where space is not a major constraint, as they require a larger footprint compared to vertical drum units. Their design is often considered more accessible for maintenance and inspection, leading to lower operational downtime.

Vertical drum HRSGs, are characterized by their vertical steam and water drums with horizontally placed heat exchange tubes. This design is more compact, making it ideal for applications where space is limited, such as in marine and offshore environments or in modular power generation systems. Vertical drum HRSGs are generally considered to have a lower capital cost and can be more suitable for applications with lower power generation requirements. They are also beneficial in situations requiring quick start-up times, as their design can facilitate faster steam production.

Breakup by Power Rating:

30 MW

31 MW - 100 MW

100 MW

100 MW holds the largest share in the industry

A detailed breakup and analysis of the market based on the power rating have also been provided in the report. This includes 30 MW, 31 MW - 100 MW, and 100 MW. According to the report, 100 MW accounted for the largest market share.

The segment of HRSGs with a power rating above 100 MW is the largest, primarily driven by their extensive use in large-scale power generation and heavy industrial applications. These HRSGs are integral to major combined cycle power plants and large cogeneration projects, where high power output and maximum efficiency are paramount. The large capacity of these HRSGs makes them ideal for pairing with high-output gas turbines, thereby significantly enhancing the overall efficiency of power plants. They are key in meeting the growing energy demands of urban centers and industrial hubs, providing a substantial amount of electricity while maintaining environmental standards.

HRSGs with a power rating of up to 30 MW are typically utilized in small-scale industrial applications, district heating, and some renewable energy projects. This segment caters to clients who require compact and efficient energy solutions for relatively lower power demands. These HRSGs are commonly found in industries where space is at a premium, and the energy requirements are not exceedingly high, such as in small manufacturing units, commercial buildings, or small power plants. The versatility and adaptability of these HRSGs to a variety of heat sources make them a popular choice for localized or specialized applications.

The 31 MW to 100 MW power rating segment of the HRSG market addresses the needs of medium-scale power generation facilities. This segment includes HRSGs used in combined heat and power (CHP) plants, medium-sized industrial facilities, and some renewable energy setups. These HRSGs strike a balance between power output and flexibility, making them suitable for a broad range of applications, including those needing moderate levels of steam and electricity.

Breakup by Application:

Cogeneration

Combined Cycle

Combined cycle represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes cogeneration and combined cycle. According to the report, combined cycle represented the largest segment.

The combined cycle application segment is the largest in the HRSG market, primarily due to the widespread adoption of combined cycle gas turbine (CCGT) power plants globally. In these systems, HRSGs play a pivotal role by harnessing the waste heat from gas turbines to produce steam, which then drives a steam turbine to generate additional electricity. This process significantly enhances the overall efficiency of the power plant, often exceeding 60%, by making effective use of the fuel input. The demand for combined cycle plants is driven by their high efficiency, lower environmental impact compared to conventional fossil fuel plants, and their ability to provide flexible power generation that can quickly respond to fluctuations in electricity demand.

The cogeneration, or combined heat and power (CHP) systems, are designed to produce both electricity and thermal energy (steam or hot water) from a single fuel source. HRSGs in these systems capture the heat typically lost in power generation and use it for industrial processes, heating, or cooling. This application is particularly popular in industries with substantial heat and power requirements, such as chemical plants, paper mills, and district heating systems in urban areas. The efficiency of cogeneration systems can reach up to 80-90%, making them highly energy-efficient and cost-effective solutions.

Breakup by End User:

Utility

Chemicals

Refineries

Pulp and Paper

Others

Utility represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the end user. This includes utility, chemicals, refineries, pulp and paper, and others. According to the report, utility represented the largest segment.

The utility segment leads the HRSG market, largely due to the significant role these generators play in large-scale power generation plants, especially in combined cycle and cogeneration systems. Utilities deploy HRSGs to enhance the efficiency of power generation by recovering waste heat from gas turbines and converting it into additional electrical power. This not only maximizes the output from fuel but also reduces carbon emissions, aligning with global environmental sustainability goals. The demand in this segment is driven by the growing global energy consumption, the shift towards more efficient and cleaner power generation methods, and the need for modernizing aging power infrastructure.

In the chemicals industry, HRSGs are employed to utilize waste heat from various chemical processes for power generation and process heating. This segment values HRSGs for their ability to significantly improve energy efficiency and reduce operational costs. The chemical industry, characterized by energy-intensive processes, benefits from the integration of HRSGs by minimizing fuel consumption and lowering greenhouse gas emissions.

HRSGs in the refinery sector are essential for recovering waste heat from refining processes and converting it into steam or electricity, which can be used within the refinery. This application is crucial for enhancing overall energy efficiency and reducing the carbon footprint of refining operations. Refineries are among the most energy-intensive industrial facilities, and the implementation of HRSG technology helps in optimizing energy use and reducing operational costs.

The pulp and paper industry utilizes these HSRGs for generating power and process steam from waste heat sources within the manufacturing process. This industry is traditionally energy-intensive, and the adoption of HRSGs allows for significant improvements in energy efficiency and cost reduction. By recovering waste heat for in-house power and steam generation, pulp and paper plants can reduce their reliance on external energy sources, thereby decreasing operational costs and environmental impact.

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America leads the market, accounting for the largest heat recovery steam generator market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The North America heat recovery steam generator market is driven by the modernization of aging power plants and the shift towards more efficient, cleaner power generation technologies. Additionally, stringent environmental regulations in North America encourage the adoption of HRSGs to reduce greenhouse gas emissions.

Asia Pacific maintains a strong presence driven by the growing focus on expanding power generation capacities, especially through combined cycle and cogeneration plants, to meet the growing electricity needs of the urbanizing population.

Europe stands as another key region in the market on account of the increasing emphasis on renewable energy and sustainability.

Latin America exhibits growing potential in the heat recovery steam generator market, fueled by the need to improve energy efficiency and reduce the cost of power generation in the region.

The Middle East and Africa region is experiencing growth on account of the increasing focus on gas-fired combined cycle plants.

Leading Key Players in the Heat Recovery Steam Generator Industry:

Key players in the heat recovery steam generator (HRSG) market are actively engaged in various strategic activities to strengthen their market position. These companies are focusing on technological innovation to enhance the efficiency, flexibility, and environmental compatibility of their HRSG systems. Many are investing in research and development (R&D) to introduce advanced materials and designs that enable quicker start-up times and greater adaptability to fluctuating power demands. There is also a trend of strategic partnerships and collaborations with power generation companies and industries to expand their market reach and offer customized solutions. Additionally, these players are increasingly involved in mergers and acquisitions (M&As) to consolidate their market presence and enhance their product portfolios, aiming to cater to the diverse needs of a global customer base. This strategic focus not only drives competition within the market but also accelerates the adoption of HRSG technologies in various sectors, aligning with global energy efficiency and sustainability goals.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

AC Boilers S.P.A (Sofinter S.p.A.)

Babcock & Wilcox Enterprises Inc.

Cleaver-Brooks Inc.

Clayton Industries Inc.

General Electric Company

John Cockerill

Kawasaki Heavy Industries Ltd.

Mitsubishi Heavy Industries Ltd.

Nooter/Eriksen Inc. (CIC Group Inc.)

NEM Energy B.V.

Rentech Boilers Systems Inc.

Thermax Limited

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

June 2023: General Electric Company announced the completion of the safe transport and delivery of one of the world's largest HRSG Supermodules from South Korea to Japan, which are for three GE Heat Recovery Steam Generators (HRSG) that will be installed at Goi Thermal Power Station located in Chiba Prefecture east of Tokyo.

September 2023: John Cockerill was awarded by Mitsubishi Takasago a new order for the design and supply of a heat recovery steam generator (HRSG) for the new combined cycle power plant of Banyan in Singapore.

Key Questions Answered in This Report:

  • How has the global heat recovery steam generator market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global heat recovery steam generator market?
  • What is the impact of each driver, restraint, and opportunity on the global heat recovery steam generator market?
  • What are the key regional markets?
  • Which countries represent the most attractive heat recovery steam generator market?
  • What is the breakup of the market based on the design?
  • Which is the most attractive design in the heat recovery steam generator market?
  • What is the breakup of the market based on the power rating?
  • Which is the most attractive power rating in the heat recovery steam generator market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the heat recovery steam generator market?
  • What is the breakup of the market based on the end user?
  • Which is the most attractive end user in the heat recovery steam generator market
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global heat recovery steam generator market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Heat Recovery Steam Generator Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Design

  • 6.1 Horizontal Drum
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Vertical Drum
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Power Rating

  • 7.1 30 MW
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 31 MW - 100 MW
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 100 MW
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Cogeneration
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Combined Cycle
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by End User

  • 9.1 Utility
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Chemicals
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Refineries
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Pulp and Paper
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 Drivers, Restraints, and Opportunities

  • 11.1 Overview
  • 11.2 Drivers
  • 11.3 Restraints
  • 11.4 Opportunities

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 AC Boilers S.P.A (Sofinter S.p.A.)
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 Babcock & Wilcox Enterprises Inc.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
    • 15.3.3 Cleaver-Brooks Inc.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Clayton Industries Inc.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 General Electric Company
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 John Cockerill
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
    • 15.3.7 Kawasaki Heavy Industries Ltd.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Mitsubishi Heavy Industries Ltd.
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 Nooter/Eriksen Inc. (CIC Group Inc.)
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 NEM Energy B.V.
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11 Rentech Boilers Systems Inc.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
    • 15.3.12 Thermax Limited
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

List of Figures

  • Figure 1: Global: Heat Recovery Steam Generator Market: Major Drivers and Challenges
  • Figure 2: Global: Heat Recovery Steam Generator Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Heat Recovery Steam Generator Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Heat Recovery Steam Generator Market: Breakup by Design (in %), 2023
  • Figure 5: Global: Heat Recovery Steam Generator Market: Breakup by Power Rating (in %), 2023
  • Figure 6: Global: Heat Recovery Steam Generator Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Heat Recovery Steam Generator Market: Breakup by End User (in %), 2023
  • Figure 8: Global: Heat Recovery Steam Generator Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Heat Recovery Steam Generator (Horizontal Drum) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Heat Recovery Steam Generator (Horizontal Drum) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Heat Recovery Steam Generator (Vertical Drum) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Heat Recovery Steam Generator (Vertical Drum) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Heat Recovery Steam Generator (30 MW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Heat Recovery Steam Generator (30 MW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Heat Recovery Steam Generator (31 MW - 100 MW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Heat Recovery Steam Generator (31 MW - 100 MW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Heat Recovery Steam Generator (100 MW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Heat Recovery Steam Generator (100 MW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Heat Recovery Steam Generator (Cogeneration) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Heat Recovery Steam Generator (Cogeneration) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Heat Recovery Steam Generator (Combined Cycle) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Heat Recovery Steam Generator (Combined Cycle) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Heat Recovery Steam Generator (Utility) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Heat Recovery Steam Generator (Utility) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Heat Recovery Steam Generator (Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Heat Recovery Steam Generator (Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Heat Recovery Steam Generator (Refineries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Heat Recovery Steam Generator (Refineries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Heat Recovery Steam Generator (Pulp and Paper) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Heat Recovery Steam Generator (Pulp and Paper) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Heat Recovery Steam Generator (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Heat Recovery Steam Generator (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: North America: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: North America: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: United States: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: United States: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Canada: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Canada: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Asia-Pacific: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Asia-Pacific: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: China: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: China: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Japan: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Japan: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: India: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: India: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: South Korea: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: South Korea: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Australia: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Australia: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Indonesia: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Indonesia: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Others: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Others: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Europe: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Europe: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Germany: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Germany: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: France: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: France: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: United Kingdom: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: United Kingdom: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Italy: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Italy: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Spain: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Spain: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Russia: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Russia: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Others: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Others: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Latin America: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Latin America: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Brazil: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Brazil: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Mexico: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Mexico: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Others: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Others: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Middle East and Africa: Heat Recovery Steam Generator Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Middle East and Africa: Heat Recovery Steam Generator Market: Breakup by Country (in %), 2023
  • Figure 81: Middle East and Africa: Heat Recovery Steam Generator Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 82: Global: Heat Recovery Steam Generator Industry: Drivers, Restraints, and Opportunities
  • Figure 83: Global: Heat Recovery Steam Generator Industry: Value Chain Analysis
  • Figure 84: Global: Heat Recovery Steam Generator Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Heat Recovery Steam Generator Market: Key Industry Highlights, 2023 & 2032
  • Table 2: Global: Heat Recovery Steam Generator Market Forecast: Breakup by Design (in Million US$), 2024-2032
  • Table 3: Global: Heat Recovery Steam Generator Market Forecast: Breakup by Power Rating (in Million US$), 2024-2032
  • Table 4: Global: Heat Recovery Steam Generator Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Heat Recovery Steam Generator Market Forecast: Breakup by End User (in Million US$), 2024-2032
  • Table 6: Global: Heat Recovery Steam Generator Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Heat Recovery Steam Generator Market: Competitive Structure
  • Table 8: Global: Heat Recovery Steam Generator Market: Key Players