Heat Recovery Steam Generator Global Market Report 2025

Heat Recovery Steam Generator Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on heat recovery steam generator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Description:

Where is the largest and fastest growing market for heat recovery steam generator ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The heat recovery steam generator market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Design Type: Modular Construction; C-Section Construction; Bundle Construction; Fully Assembled

2) By Configuration Type: Horizontal Drum Units; Vertical Drum Units; Horizontal-Once Through Units

3) By Output Power Type: 0 To 60 Megawatt (MW); 60 To 100 Megawatt (MW); 100 Megawatt (MW) And Above

4) By Application Type: Co-Generation (Process Heating); Combined Cycle; Combined Heat And Power (CHP)

5) By End User: Utility; Chemicals; Refineries; Pulp And Paper; Other End Users

Subsegments:

1) By Modular Construction: Pre-Fabricated Modules; Skid-Mounted Modules; Compact Modular Systems

2) By C-Section Construction: Horizontal C-Section HRSGs; Vertical C-Section HRSGs; Single-Pressure C-Section HRSGs

3) By Bundle Construction: Horizontal Bundle HRSGs; Vertical Bundle HRSGs; Double Pressure Bundle HRSGs

4) By Fully Assembled: Factory-Assembled HRSGs; Site-Assembled HRSGs; Custom-Built Fully Assembled Units

Companies Mentioned: Hitachi Ltd.; General Electric Company; Siemens Energy AG; Mitsubishi Heavy Industries Ltd.; ABB Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Executive Summary
2. Heat Recovery Steam Generator Market Characteristics
3. Heat Recovery Steam Generator Market Trends And Strategies
4. Heat Recovery Steam Generator Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Heat Recovery Steam Generator Growth Analysis And Strategic Analysis Framework
5.1. Global Heat Recovery Steam Generator PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Heat Recovery Steam Generator Market Growth Rate Analysis
5.4. Global Heat Recovery Steam Generator Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Heat Recovery Steam Generator Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Heat Recovery Steam Generator Total Addressable Market (TAM)
6. Heat Recovery Steam Generator Market Segmentation
6.1. Global Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Modular Construction
C-Section Construction
Bundle Construction
Fully Assembled
6.2. Global Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Horizontal Drum Units
Vertical Drum Units
Horizontal-Once Through Units
6.3. Global Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
0 To 60 Megawatt (MW)
60 To 100 Megawatt (MW)
100 Megawatt (MW) And Above
6.4. Global Heat Recovery Steam Generator Market, Segmentation By Application Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Co-Generation (Process Heating)
Combined Cycle
Combined Heat And Power (CHP)
6.5. Global Heat Recovery Steam Generator Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Utility
Chemicals
Refineries
Pulp And Paper
Other End Users
6.6. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Modular Construction, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Pre-Fabricated Modules
Skid-Mounted Modules
Compact Modular Systems
6.7. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of C-Section Construction, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Horizontal C-Section HRSGs
Vertical C-Section HRSGs
Single-Pressure C-Section HRSGs
6.8. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Bundle Construction, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Horizontal Bundle HRSGs
Vertical Bundle HRSGs
Double Pressure Bundle HRSGs
6.9. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Fully Assembled, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Factory-Assembled HRSGs
Site-Assembled HRSGs
Custom-Built Fully Assembled Units
7. Heat Recovery Steam Generator Market Regional And Country Analysis
7.1. Global Heat Recovery Steam Generator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Heat Recovery Steam Generator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Heat Recovery Steam Generator Market
8.1. Asia-Pacific Heat Recovery Steam Generator Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Heat Recovery Steam Generator Market
9.1. China Heat Recovery Steam Generator Market Overview
9.2. China Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Heat Recovery Steam Generator Market
10.1. India Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Heat Recovery Steam Generator Market
11.1. Japan Heat Recovery Steam Generator Market Overview
11.2. Japan Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Heat Recovery Steam Generator Market
12.1. Australia Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Heat Recovery Steam Generator Market
13.1. Indonesia Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Heat Recovery Steam Generator Market
14.1. South Korea Heat Recovery Steam Generator Market Overview
14.2. South Korea Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Heat Recovery Steam Generator Market
15.1. Western Europe Heat Recovery Steam Generator Market Overview
15.2. Western Europe Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Heat Recovery Steam Generator Market
16.1. UK Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Heat Recovery Steam Generator Market
17.1. Germany Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Heat Recovery Steam Generator Market
18.1. France Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Heat Recovery Steam Generator Market
19.1. Italy Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Heat Recovery Steam Generator Market
20.1. Spain Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Heat Recovery Steam Generator Market
21.1. Eastern Europe Heat Recovery Steam Generator Market Overview
21.2. Eastern Europe Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Heat Recovery Steam Generator Market
22.1. Russia Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Heat Recovery Steam Generator Market
23.1. North America Heat Recovery Steam Generator Market Overview
23.2. North America Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Heat Recovery Steam Generator Market
24.1. USA Heat Recovery Steam Generator Market Overview
24.2. USA Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Heat Recovery Steam Generator Market
25.1. Canada Heat Recovery Steam Generator Market Overview
25.2. Canada Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Heat Recovery Steam Generator Market
26.1. South America Heat Recovery Steam Generator Market Overview
26.2. South America Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Heat Recovery Steam Generator Market
27.1. Brazil Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Heat Recovery Steam Generator Market
28.1. Middle East Heat Recovery Steam Generator Market Overview
28.2. Middle East Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Heat Recovery Steam Generator Market
29.1. Africa Heat Recovery Steam Generator Market Overview
29.2. Africa Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Heat Recovery Steam Generator Market Competitive Landscape And Company Profiles
30.1. Heat Recovery Steam Generator Market Competitive Landscape
30.2. Heat Recovery Steam Generator Market Company Profiles
30.2.1. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. General Electric Company Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Mitsubishi Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis
31. Heat Recovery Steam Generator Market Other Major And Innovative Companies
31.1. Alstom SA
31.2. Kawasaki Heavy Industries Ltd.
31.3. Sumitomo Heavy Industries Ltd.
31.4. John Wood Group PLC
31.5. Bharat Heavy Electricals Limited
31.6. SPX Flow Inc.
31.7. Thermax Limited
31.8. Spirax Group plc
31.9. Babcock & Wilcox Enterprises Inc.
31.10. Nooter/Eriksen Inc.
31.11. Hamon & Cie International
31.12. Rentech Boilers Systems Inc.
31.13. Clyde Bergemann Power Group
31.14. Bosch Industriekessel GmbH
31.15. Doosan Heavy Industries & Construction
32. Global Heat Recovery Steam Generator Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Heat Recovery Steam Generator Market
34. Recent Developments In The Heat Recovery Steam Generator Market
35. Heat Recovery Steam Generator Market High Potential Countries, Segments and Strategies
35.1 Heat Recovery Steam Generator Market In 2029 - Countries Offering Most New Opportunities
35.2 Heat Recovery Steam Generator Market In 2029 - Segments Offering Most New Opportunities
35.3 Heat Recovery Steam Generator Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer

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