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Heat Recovery Steam Generator - Global Market Outlook (2017-2026)

Heat Recovery Steam Generator - Global Market Outlook (2017-2026)

According to Stratistics MRC, the Global Heat Recovery Steam Generator Market is estimated at $709.23 million in 2017 and is projected to reach $1076.68 million by 2026, at a CAGR of 4.7%. Some of the key factors fueling the market include increase in energy efficiency measures, conversion of simple cycle power plants to CCPPS, increase in energy demand, growing awareness to reduce the exhaust gas released from gas turbine and growing need to increase the efficiency of the plant. However, problems associated with flow accelerated corrosion are restricting the market growth.

A heat recovery steam generator (HRSG) is a heat exchanger that operates at different pressure levels and utilizes exhaust gas to produce steam. The primary purpose of HRSG is to convert water into superheated steam. It provides thermodynamic link between the steam and gas turbines in order to achieve optimum performance in a combined cycle power plant. The HRSG is also used in gas power plants to minimize carbon emissions. The use of HRSG systems is also made in desalination plants where heat is used for power generation, as well as desalination process.. Also, in heat produced from thermal plants is captured by HRSG and used for district heating purpose.

Based on Rated Power, The >30 MW segment is expected to combine combined cycle power plants that are planned to come up in Asia-Pacific and North America. Replacement of old coal-fired power generation capacity in the U.S. with new large capacity gas-fired power plants would give a major boost to the market. By geography, Europe held largest market share as European Union has also made guidelines to be followed in the countries of the region for cleaner energy. International bodies, like international energy agency has supported research project and technical assistance for HRSG and other clean energy initiatives for companies around the world. Moreover, the presence of large number of CHP plants in Europe offers huge market opportunities for replacement of ageing HRSGs.

Some of the key players in Heat Recovery Steam Generator Market are Thermax, Ansaldo Caldaie, Alstom Power, Babcock & Wilcox Co. Ltd, Amec Foster Wheeler, Mitsubishi Hitachi Power Systems Ltd, CMI Group, Siemens AG, CMI Groupe, Clayton Industries, Sofinter and Kelvion.

Rated Powers Covered:
• Up to 30 MW
• >30 MW

Applications Covered:
• Waste to Energy Power Plant
• District Heating System
• Combined Cycle Power Plant
• Desalination Plant

End User Covered:
• Pulp & Paper
• Utilities
• Commercial
• Chemicals
• Refineries
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Heat Recovery Steam Generator Market, By Rated Power
5.1 Introduction
5.2 Up to 30 MW
5.3 >30 MW
6 Global Heat Recovery Steam Generator Market, By Application
6.1 Introduction
6.2 Waste to Energy Power Plant
6.3 District Heating System
6.4 Combined Cycle Power Plant
6.5 Desalination Plant
7 Global Heat Recovery Steam Generator Market, By End User
7.1 Introduction
7.2 Pulp & Paper
7.3 Utilities
7.4 Commercial
7.5 Chemicals
7.6 Refineries
7.7 Other End User
8 Global Heat Recovery Steam Generator Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Thermax
10.2 Ansaldo Caldaie
10.3 Alstom Power
10.4 Babcock & Wilcox Co. Ltd.
10.5 Amec Foster Wheeler
10.6 Mitsubishi Hitachi Power Systems Ltd.
10.7 CMI Group
10.8 CMI Groupe
10.9 Siemens AG
10.10 Clayton Industries
10.11 Sofinter
10.12 Kelvion
List of Tables
Table 1 Global Heat Recovery Steam Generator Market Outlook, By Region (2016-2026) (US $MN)
Table 2 Global Heat Recovery Steam Generator Market Outlook, By Rated Power (2016-2026) (US $MN)
Table 3 Global Heat Recovery Steam Generator Market Outlook, By Up to 30 MW (2016-2026) (US $MN)
Table 4 Global Heat Recovery Steam Generator Market Outlook, By >30 MW (2016-2026) (US $MN)
Table 5 Global Heat Recovery Steam Generator Market Outlook, By Application (2016-2026) (US $MN)
Table 6 Global Heat Recovery Steam Generator Market Outlook, By Waste to Energy Power Plant (2016-2026) (US $MN)
Table 7 Global Heat Recovery Steam Generator Market Outlook, By District Heating System (2016-2026) (US $MN)
Table 8 Global Heat Recovery Steam Generator Market Outlook, By Combined Cycle Power Plant (2016-2026) (US $MN)
Table 9 Global Heat Recovery Steam Generator Market Outlook, By Desalination Plant (2016-2026) (US $MN)
Table 10 Global Heat Recovery Steam Generator Market Outlook, By End User (2016-2026) (US $MN)
Table 11 Global Heat Recovery Steam Generator Market Outlook, By Pulp & Paper (2016-2026) (US $MN)
Table 12 Global Heat Recovery Steam Generator Market Outlook, By Utilities (2016-2026) (US $MN)
Table 13 Global Heat Recovery Steam Generator Market Outlook, By Commercial (2016-2026) (US $MN)
Table 14 Global Heat Recovery Steam Generator Market Outlook, By Chemicals (2016-2026) (US $MN)
Table 15 Global Heat Recovery Steam Generator Market Outlook, By Refineries (2016-2026) (US $MN)
Table 16 Global Heat Recovery Steam Generator Market Outlook, By Other End User (2016-2026) (US $MN)
Table 17 North America Heat Recovery Steam Generator Market Outlook, By Country (2016-2026) (US $MN)
Table 18 North America Heat Recovery Steam Generator Market Outlook, By Rated Power (2016-2026) (US $MN)
Table 19 North America Heat Recovery Steam Generator Market Outlook, By Up to 30 MW (2016-2026) (US $MN)
Table 20 North America Heat Recovery Steam Generator Market Outlook, By >30 MW (2016-2026) (US $MN)
Table 21 North America Heat Recovery Steam Generator Market Outlook, By Application (2016-2026) (US $MN)
Table 22 North America Heat Recovery Steam Generator Market Outlook, By Waste to Energy Power Plant (2016-2026) (US $MN)
Table 23 North America Heat Recovery Steam Generator Market Outlook, By District Heating System (2016-2026) (US $MN)
Table 24 North America Heat Recovery Steam Generator Market Outlook, By Combined Cycle Power Plant (2016-2026) (US $MN)
Table 25 North America Heat Recovery Steam Generator Market Outlook, By Desalination Plant (2016-2026) (US $MN)
Table 26 North America Heat Recovery Steam Generator Market Outlook, By End User (2016-2026) (US $MN)
Table 27 North America Heat Recovery Steam Generator Market Outlook, By Pulp & Paper (2016-2026) (US $MN)
Table 28 North America Heat Recovery Steam Generator Market Outlook, By Utilities (2016-2026) (US $MN)
Table 29 North America Heat Recovery Steam Generator Market Outlook, By Commercial (2016-2026) (US $MN)
Table 30 North America Heat Recovery Steam Generator Market Outlook, By Chemicals (2016-2026) (US $MN)
Table 31 North America Heat Recovery Steam Generator Market Outlook, By Refineries (2016-2026) (US $MN)
Table 32 North America Heat Recovery Steam Generator Market Outlook, By Other End User (2016-2026) (US $MN)
Table 33 Europe Heat Recovery Steam Generator Market Outlook, By Country (2016-2026) (US $MN)
Table 34 Europe Heat Recovery Steam Generator Market Outlook, By Rated Power (2016-2026) (US $MN)
Table 35 Europe Heat Recovery Steam Generator Market Outlook, By Up to 30 MW (2016-2026) (US $MN)
Table 36 Europe Heat Recovery Steam Generator Market Outlook, By >30 MW (2016-2026) (US $MN)
Table 37 Europe Heat Recovery Steam Generator Market Outlook, By Application (2016-2026) (US $MN)
Table 38 Europe Heat Recovery Steam Generator Market Outlook, By Waste to Energy Power Plant (2016-2026) (US $MN)
Table 39 Europe Heat Recovery Steam Generator Market Outlook, By District Heating System (2016-2026) (US $MN)
Table 40 Europe Heat Recovery Steam Generator Market Outlook, By Combined Cycle Power Plant (2016-2026) (US $MN)
Table 41 Europe Heat Recovery Steam Generator Market Outlook, By Desalination Plant (2016-2026) (US $MN)
Table 42 Europe Heat Recovery Steam Generator Market Outlook, By End User (2016-2026) (US $MN)
Table 43 Europe Heat Recovery Steam Generator Market Outlook, By Pulp & Paper (2016-2026) (US $MN)
Table 44 Europe Heat Recovery Steam Generator Market Outlook, By Utilities (2016-2026) (US $MN)
Table 45 Europe Heat Recovery Steam Generator Market Outlook, By Commercial (2016-2026) (US $MN)
Table 46 Europe Heat Recovery Steam Generator Market Outlook, By Chemicals (2016-2026) (US $MN)
Table 47 Europe Heat Recovery Steam Generator Market Outlook, By Refineries (2016-2026) (US $MN)
Table 48 Europe Heat Recovery Steam Generator Market Outlook, By Other End User (2016-2026) (US $MN)
Table 49 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Country (2016-2026) (US $MN)
Table 50 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Rated Power (2016-2026) (US $MN)
Table 51 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Up to 30 MW (2016-2026) (US $MN)
Table 52 Asia Pacific Heat Recovery Steam Generator Market Outlook, By >30 MW (2016-2026) (US $MN)
Table 53 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Application (2016-2026) (US $MN)
Table 54 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Waste to Energy Power Plant (2016-2026) (US $MN)
Table 55 Asia Pacific Heat Recovery Steam Generator Market Outlook, By District Heating System (2016-2026) (US $MN)
Table 56 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Combined Cycle Power Plant (2016-2026) (US $MN)
Table 57 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Desalination Plant (2016-2026) (US $MN)
Table 58 Asia Pacific Heat Recovery Steam Generator Market Outlook, By End User (2016-2026) (US $MN)
Table 59 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Pulp & Paper (2016-2026) (US $MN)
Table 60 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Utilities (2016-2026) (US $MN)
Table 61 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Commercial (2016-2026) (US $MN)
Table 62 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Chemicals (2016-2026) (US $MN)
Table 63 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Refineries (2016-2026) (US $MN)
Table 64 Asia Pacific Heat Recovery Steam Generator Market Outlook, By Other End User (2016-2026) (US $MN)
Table 65 South America Heat Recovery Steam Generator Market Outlook, By Country (2016-2026) (US $MN)
Table 66 South America Heat Recovery Steam Generator Market Outlook, By Rated Power (2016-2026) (US $MN)
Table 67 South America Heat Recovery Steam Generator Market Outlook, By Up to 30 MW (2016-2026) (US $MN)
Table 68 South America Heat Recovery Steam Generator Market Outlook, By >30 MW (2016-2026) (US $MN)
Table 69 South America Heat Recovery Steam Generator Market Outlook, By Application (2016-2026) (US $MN)
Table 70 South America Heat Recovery Steam Generator Market Outlook, By Waste to Energy Power Plant (2016-2026) (US $MN)
Table 71 South America Heat Recovery Steam Generator Market Outlook, By District Heating System (2016-2026) (US $MN)
Table 72 South America Heat Recovery Steam Generator Market Outlook, By Combined Cycle Power Plant (2016-2026) (US $MN)
Table 73 South America Heat Recovery Steam Generator Market Outlook, By Desalination Plant (2016-2026) (US $MN)
Table 74 South America Heat Recovery Steam Generator Market Outlook, By End User (2016-2026) (US $MN)
Table 75 South America Heat Recovery Steam Generator Market Outlook, By Pulp & Paper (2016-2026) (US $MN)
Table 76 South America Heat Recovery Steam Generator Market Outlook, By Utilities (2016-2026) (US $MN)
Table 77 South America Heat Recovery Steam Generator Market Outlook, By Commercial (2016-2026) (US $MN)
Table 78 South America Heat Recovery Steam Generator Market Outlook, By Chemicals (2016-2026) (US $MN)
Table 79 South America Heat Recovery Steam Generator Market Outlook, By Refineries (2016-2026) (US $MN)
Table 80 South America Heat Recovery Steam Generator Market Outlook, By Other End User (2016-2026) (US $MN)
Table 81 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Country (2016-2026) (US $MN)
Table 82 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Rated Power (2016-2026) (US $MN)
Table 83 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Up to 30 MW (2016-2026) (US $MN)
Table 84 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By >30 MW (2016-2026) (US $MN)
Table 85 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Application (2016-2026) (US $MN)
Table 86 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Waste to Energy Power Plant (2016-2026) (US $MN)
Table 87 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By District Heating System (2016-2026) (US $MN)
Table 88 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Combined Cycle Power Plant (2016-2026) (US $MN)
Table 89 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Desalination Plant (2016-2026) (US $MN)
Table 90 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By End User (2016-2026) (US $MN)
Table 91 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Pulp & Paper (2016-2026) (US $MN)
Table 92 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Utilities (2016-2026) (US $MN)
Table 93 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Commercial (2016-2026) (US $MN)
Table 94 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Chemicals (2016-2026) (US $MN)
Table 95 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Refineries (2016-2026) (US $MN)
Table 96 Middle East & Africa Heat Recovery Steam Generator Market Outlook, By Other End User (2016-2026) (US $MN)

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