Global Heat Recovery Steam Generator (HRSG) Competitive Landscape Professional Research Report 2024

Research Summary

A Heat Recovery Steam Generator (HRSG) is a crucial component in combined cycle power plants that captures and utilizes the waste heat produced during the combustion of fuel in a gas turbine. The HRSG recovers this otherwise lost heat and converts it into steam, which is then used to drive a steam turbine, generating additional electricity. Essentially, the HRSG maximizes the overall efficiency of a power generation system by extracting as much energy as possible from the exhaust gases of the gas turbine. HRSGs come in various designs, such as single-pressure, dual-pressure, or triple-pressure configurations, depending on the specific requirements of the power plant. This technology is a key element in improving the sustainability and efficiency of power generation, as it allows for the dual utilization of energy from a single fuel source, enhancing the overall performance of the combined cycle power plant.

According to DIResearch's in-depth investigation and research, the global Heat Recovery Steam Generator (HRSG) market size will reach US$ XX Million in 2024, and is expected to reach US$ XX Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be US$ XX Million, accounting for approximately XX% of the world. It is expected to reach US$ XX Million in 2030, and the global share will reach XX%.

The major global 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, STF, Mitsubishi, Babcock & Wilcox, Hangzhou Boiler, Bharat Heavy Electricals, Wuxi Huaguang etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Heat Recovery Steam Generator (HRSG). Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Heat Recovery Steam Generator (HRSG) market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Heat Recovery Steam Generator (HRSG) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Heat Recovery Steam Generator (HRSG) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy. ?  ?

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

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

STF

Mitsubishi

Babcock & Wilcox

Hangzhou Boiler

Bharat Heavy Electricals

Wuxi Huaguang

Heat Recovery Steam Generator (HRSG) Product Segment Include:

Below 50MW

50MW-100MW

100MW-300MW

Over 300MW

Heat Recovery Steam Generator (HRSG) Product Application Include:

Power Station

Industrial Production

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Heat Recovery Steam Generator (HRSG) Industry PESTEL Analysis

Chapter 3: Global Heat Recovery Steam Generator (HRSG) Industry Porter's Five Forces Analysis

Chapter 4: Global Heat Recovery Steam Generator (HRSG) Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Heat Recovery Steam Generator (HRSG) Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Heat Recovery Steam Generator (HRSG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Heat Recovery Steam Generator (HRSG) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources

Table of Contents

1 Heat Recovery Steam Generator (HRSG) Market Overview

1.1 Product Definition and Statistical Scope

1.2 Heat Recovery Steam Generator (HRSG) Product by Type

1.2.1 Global Heat Recovery Steam Generator (HRSG) Market Size by Type, 2023 VS 2024 VS 2030

1.2.2 Below 50MW

1.2.3 50MW-100MW

1.2.4 100MW-300MW

1.2.5 Over 300MW

1.3 Heat Recovery Steam Generator (HRSG) Product by Application

1.3.1 Global Heat Recovery Steam Generator (HRSG) Market Size by Application, 2023 VS 2024 VS 2030

1.3.2 Power Station

1.3.3 Industrial Production

1.4 Global Heat Recovery Steam Generator (HRSG) Market Revenue and Sales Analysis

1.4.1 Global Heat Recovery Steam Generator (HRSG) Market Size Analysis (2019-2030)

1.4.2 Global Heat Recovery Steam Generator (HRSG) Market Sales Analysis (2019-2030)

1.4.3 Global Heat Recovery Steam Generator (HRSG) Market Sales Price Trend Analysis (2019-2030)

1.5 Heat Recovery Steam Generator (HRSG) Market Development Status and Trends

1.5.1 Heat Recovery Steam Generator (HRSG) Industry Development Status Analysis

1.5.2 Heat Recovery Steam Generator (HRSG) Industry Development Trends Analysis

2 Heat Recovery Steam Generator (HRSG) Market PESTEL Analysis

2.1 Political Factors Analysis

2.2 Economic Factors Analysis

2.3 Social Factors Analysis

2.4 Technological Factors Analysis

2.5 Environmental Factors Analysis

2.6 Legal Factors Analysis

3 Heat Recovery Steam Generator (HRSG) Market Porter's Five Forces Analysis

3.1 Competitive Rivalry

3.2 Threat of New Entrants

3.3 Bargaining Power of Suppliers

3.4 Bargaining Power of Buyers

3.5 Threat of Substitutes

4 Global Heat Recovery Steam Generator (HRSG) Market Analysis by Regions

4.1 Heat Recovery Steam Generator (HRSG) Overall Market: 2023 VS 2024 VS 2030

4.2 Global Heat Recovery Steam Generator (HRSG) Revenue and Forecast Analysis (2019-2030)

4.2.1 Global Heat Recovery Steam Generator (HRSG) Revenue and Market Share by Region (2019-2024)

4.2.2 Global Heat Recovery Steam Generator (HRSG) Revenue Forecast by Region (2025-2030)

4.3 Global Heat Recovery Steam Generator (HRSG) Sales and Forecast Analysis (2019-2030)

4.3.1 Global Heat Recovery Steam Generator (HRSG) Sales and Market Share by Region (2019-2024)

4.3.2 Global Heat Recovery Steam Generator (HRSG) Sales Forecast by Region (2025-2030)

4.4 Global Heat Recovery Steam Generator (HRSG) Sales Price Trend Analysis (2019-2030)

5 Global Heat Recovery Steam Generator (HRSG) Market Size by Type and Application

5.1 Global Heat Recovery Steam Generator (HRSG) Market Size by Type

5.1.1 Global Heat Recovery Steam Generator (HRSG) Revenue and Forecast Analysis by Type (2019-2030)

5.1.2 Global Heat Recovery Steam Generator (HRSG) Sales and Forecast Analysis by Type (2019-2030)

5.2 Global Heat Recovery Steam Generator (HRSG) Market Size by Application

5.2.1 Global Heat Recovery Steam Generator (HRSG) Revenue and Forecast Analysis by Application (2019-2030)

5.2.2 Global Heat Recovery Steam Generator (HRSG) Sales and Forecast Analysis by Application (2019-2030)

6 North America

6.1 North America Heat Recovery Steam Generator (HRSG) Market Size and Growth Rate Analysis (2019-2030)

6.2 North America Key Manufacturers Analysis

6.3 North America Heat Recovery Steam Generator (HRSG) Market Size by Type

6.3.1 North America Heat Recovery Steam Generator (HRSG) Sales by Type (2019-2030)

6.3.2 North America Heat Recovery Steam Generator (HRSG) Revenue by Type (2019-2030)

6.4 North America Heat Recovery Steam Generator (HRSG) Market Size by Application

6.4.1 North America Heat Recovery Steam Generator (HRSG) Sales by Application (2019-2030)

6.4.2 North America Heat Recovery Steam Generator (HRSG) Revenue by Application (2019-2030)

6.5 North America Heat Recovery Steam Generator (HRSG) Market Size by Country

6.5.1 US

6.5.2 Canada

7 Europe

7.1 Europe Heat Recovery Steam Generator (HRSG) Market Size and Growth Rate Analysis (2019-2030)

7.2 Europe Key Manufacturers Analysis

7.3 Europe Heat Recovery Steam Generator (HRSG) Market Size by Type

7.3.1 Europe Heat Recovery Steam Generator (HRSG) Sales by Type (2019-2030)

7.3.2 Europe Heat Recovery Steam Generator (HRSG) Revenue by Type (2019-2030)

7.4 Europe Heat Recovery Steam Generator (HRSG) Market Size by Application

7.4.1 Europe Heat Recovery Steam Generator (HRSG) Sales by Application (2019-2030)

7.4.2 ? Europe Heat Recovery Steam Generator (HRSG) Revenue by Application (2019-2030)

7.5 Europe Heat Recovery Steam Generator (HRSG) Market Size by Country

7.5.1 Germany

7.5.2 France

7.5.3 United Kingdom

7.5.4 Italy

7.5.5 Spain

7.5.6 Benelux

8 China

8.1 China Heat Recovery Steam Generator (HRSG) Market Size and Growth Rate Analysis (2019-2030)

8.2 China Key Manufacturers Analysis

8.3 China Heat Recovery Steam Generator (HRSG) Market Size by Type

8.3.1 China Heat Recovery Steam Generator (HRSG) Sales by Type (2019-2030)

8.3.2 China Heat Recovery Steam Generator (HRSG) Revenue by Type (2019-2030)

8.4 China Heat Recovery Steam Generator (HRSG) Market Size by Application

8.4.1 China Heat Recovery Steam Generator (HRSG) Sales by Application (2019-2030)

8.4.2 China Heat Recovery Steam Generator (HRSG) Revenue by Application (2019-2030)

9 APAC (excl. China)

9.1 APAC (excl. China) Heat Recovery Steam Generator (HRSG) Market Size and Growth Rate Analysis (2019-2030)

9.2 APAC (excl. China) Key Manufacturers Analysis

9.3 APAC (excl. China) Heat Recovery Steam Generator (HRSG) Market Size by Type

9.3.1 APAC (excl. China) Heat Recovery Steam Generator (HRSG) Sales by Type (2019-2030)

9.3.2 APAC (excl. China) Heat Recovery Steam Generator (HRSG) Revenue by Type (2019-2030)

9.4 APAC (excl. China) Heat Recovery Steam Generator (HRSG) Market Size by Application

9.4.1 APAC (excl. China) Heat Recovery Steam Generator (HRSG) Sales by Application (2019-2030)

9.4.2 APAC (excl. China) Heat Recovery Steam Generator (HRSG) Revenue by Application (2019-2030)

9.5 APAC (excl. China) Heat Recovery Steam Generator (HRSG) Market Size by Country

9.5.1 Japan

9.5.2 South Korea

9.5.3 India

9.5.4 Australia

9.5.5 Indonesia

9.5.6 Vietnam

9.5.7 Malaysia

9.5.8 Thailand

10 Latin America

10.1 Latin America Heat Recovery Steam Generator (HRSG) Market Size and Growth Rate Analysis (2019-2030)

10.2 Latin America Key Manufacturers Analysis

10.3 Latin America Heat Recovery Steam Generator (HRSG) Market Size by Type

10.3.1 Latin America Heat Recovery Steam Generator (HRSG) Sales by Type (2019-2030)

10.3.2 Latin America Heat Recovery Steam Generator (HRSG) Revenue by Type (2019-2030)

10.4 Latin America Heat Recovery Steam Generator (HRSG) Market Size by Application

10.4.1 Latin America Heat Recovery Steam Generator (HRSG) Sales by Application (2019-2030)

10.4.2 Latin America Heat Recovery Steam Generator (HRSG) Revenue by Application (2019-2030)

10.5 Latin America Heat Recovery Steam Generator (HRSG) Market Size by Country

10.5.1 Mexico

10.5.2 Brazil

11 Middle East & Africa

11.1 Middle East & Africa Heat Recovery Steam Generator (HRSG) Market Size and Growth Rate Analysis (2019-2030)

11.2 Middle East & Africa Key Manufacturers Analysis

11.3 Middle East & Africa Heat Recovery Steam Generator (HRSG) Market Size by Type

11.3.1 Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales by Type (2019-2030)

11.3.2 Middle East & Africa Heat Recovery Steam Generator (HRSG) Revenue by Type (2019-2030)

11.4 Middle East & Africa Heat Recovery Steam Generator (HRSG) Market Size by Application

11.4.1 Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales by Application (2019-2030)

11.4.2 Middle East & Africa Heat Recovery Steam Generator (HRSG) Revenue by Application (2019-2030)

11.5 Middle East & Africa Heat Recovery Steam Generator (HRSG) Market Size by Country

11.5.1 Saudi Arabia

11.5.2 South Africa

12 Competition by Manufacturers

12.1 Global Heat Recovery Steam Generator (HRSG) Market Sales, Revenue and Price by Key Manufacturers (2020-2024)

12.1.1 Global Heat Recovery Steam Generator (HRSG) Market Sales by Key Manufacturers (2020-2024)

12.1.2 Global Heat Recovery Steam Generator (HRSG) Market Revenue by Key Manufacturers (2020-2024)

12.1.3 Global Heat Recovery Steam Generator (HRSG) Average Sales Price by Manufacturers (2020-2024)

12.2 Heat Recovery Steam Generator (HRSG) Competitive Landscape Analysis and Market Dynamic

12.2.1 Heat Recovery Steam Generator (HRSG) Competitive Landscape Analysis

12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales

12.2.3 Market Dynamic

13 Key Companies Analysis

13.1 BHI

13.1.1 BHI Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.1.2 BHI Heat Recovery Steam Generator (HRSG) Product Portfolio

13.1.3 BHI Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.2 Foster Wheeler

13.2.1 Foster Wheeler Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.2.2 Foster Wheeler Heat Recovery Steam Generator (HRSG) Product Portfolio

13.2.3 Foster Wheeler Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.3 Nooter Eriksen

13.3.1 Nooter Eriksen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.3.2 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Product Portfolio

13.3.3 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.4 CMI Energy

13.4.1 CMI Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.4.2 CMI Energy Heat Recovery Steam Generator (HRSG) Product Portfolio

13.4.3 CMI Energy Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.5 Alstom Power

13.5.1 Alstom Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.5.2 Alstom Power Heat Recovery Steam Generator (HRSG) Product Portfolio

13.5.3 Alstom Power Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.6 Doosan E&C

13.6.1 Doosan E&C Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.6.2 Doosan E&C Heat Recovery Steam Generator (HRSG) Product Portfolio

13.6.3 Doosan E&C Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.7 Siemens (NEM Energy)

13.7.1 Siemens (NEM Energy) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.7.2 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Product Portfolio

13.7.3 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.8 VOGT Power

13.8.1 VOGT Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.8.2 VOGT Power Heat Recovery Steam Generator (HRSG) Product Portfolio

13.8.3 VOGT Power Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.9 STF

13.9.1 STF Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.9.2 STF Heat Recovery Steam Generator (HRSG) Product Portfolio

13.9.3 STF Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.10 Mitsubishi

13.10.1 Mitsubishi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.10.2 Mitsubishi Heat Recovery Steam Generator (HRSG) Product Portfolio

13.10.3 Mitsubishi Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.11 Babcock & Wilcox

13.11.1 Babcock & Wilcox Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.11.2 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Product Portfolio

13.11.3 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.12 Hangzhou Boiler

13.12.1 Hangzhou Boiler Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.12.2 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Product Portfolio

13.12.3 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.13 Bharat Heavy Electricals

13.13.1 Bharat Heavy Electricals Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.13.2 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Product Portfolio

13.13.3 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

13.14 Wuxi Huaguang

13.14.1 Wuxi Huaguang Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.14.2 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Product Portfolio

13.14.3 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)

14 Industry Chain Analysis

14.1 Heat Recovery Steam Generator (HRSG) Industry Chain Analysis

14.2 Heat Recovery Steam Generator (HRSG) Industry Upstream Supply Analysis

14.2.1 Upstream Key Raw Material Supply Analysis

14.2.2 Raw Material Suppliers and Contact Information

14.3 Heat Recovery Steam Generator (HRSG) Typical Downstream Customers

14.4 Heat Recovery Steam Generator (HRSG) Sales Channel Analysis

15 Research Findings and Conclusion

16 Methodology and Data Source

16.1 Methodology/Research Approach

16.2 Research Scope

16.3 Benchmarks and Assumptions

16.4 Date Source

16.4.1 Primary Sources

16.4.2 Secondary Sources

16.5 Data Cross Validation

16.6 Disclaimer

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