Heat Recovery Steam Generator Market

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).

Heat Recovery Steam Generator Market contains market size and forecasts of Heat Recovery Steam Generator (HRSG) in global, including the following market information:

Global Heat Recovery Steam Generator (HRSG) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Heat Recovery Steam Generator (HRSG) Market Sales, 2017-2022, 2023-2028, (MW)

Global top five Heat Recovery Steam Generator (HRSG) companies in 2021 (%)

The global Heat Recovery Steam Generator (HRSG) market was valued at 2048.6 million in 2021 and is projected to reach US$ 2370.3 million by 2028, at a CAGR of 2.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Below 50MW Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The 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 and STF, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Heat Recovery Steam Generator (HRSG) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Heat Recovery Steam Generator (HRSG) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Heat Recovery Steam Generator (HRSG) Market Segment Percentages, by Type, 2021 (%)

Below 50MW

50MW-100MW

100MW-300MW

Over 300MW

Global Heat Recovery Steam Generator (HRSG) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Heat Recovery Steam Generator (HRSG) Market Segment Percentages, by Application, 2021 (%)

Power Station

Industrial Production

Global Heat Recovery Steam Generator (HRSG) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)

Global Heat Recovery Steam Generator (HRSG) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Heat Recovery Steam Generator (HRSG) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Heat Recovery Steam Generator (HRSG) revenues share in global market, 2021 (%)

Key companies Heat Recovery Steam Generator (HRSG) sales in global market, 2017-2022 (Estimated), (MW)

Key companies Heat Recovery Steam Generator (HRSG) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players 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