Global Heat Recovery Steam Generators Market Overview:
Global Heat Recovery Steam Generators Market Is Expected to Grow at A Significant Growth Rate, And the Forecast Period Is 2025-2032, Considering the Base Year As 2024.
Global Heat Recovery Steam Generators Market Report 2025 comes with the extensive industry analysis with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2025-2032.This research study of Heat Recovery Steam Generators involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
Scope of the Heat Recovery Steam Generators Market:
The Heat Recovery Steam Generators Market Research report incorporates value chain analysis for each of the product type. Value chain analysis offers in-depth information about value addition at each stage.The study includes drivers and restraints for Heat Recovery Steam Generators Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting thegrowth of the market. Research report includes major key player analysis with shares of each player inside market, growth rate and market attractiveness in different endusers/regions. Our study Heat Recovery Steam Generators Market helps user to make precise decision in order to expand their market presence and increase market share.
By Type, Heat Recovery Steam Generators market has been segmented into:
Upto 30 MW
Above 30 MW
By Application, Heat Recovery Steam Generators market has been segmented into:
Combined Cycle
CHP
Other Applications
Regional Analysis:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
South America (Brazil, Argentina, Rest of SA)
Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Competitive Landscape:
Competitive analysis is the study of strength and weakness, market investment, market share, market sales volume, market trends of major players in the market.The Heat Recovery Steam Generators market study focused on including all the primary level, secondary level and tertiary level competitors in the report. The data generated by conducting the primary and secondary research.The report covers detail analysis of driver, constraints and scope for new players entering the Heat Recovery Steam Generators market.
Top Key Players Covered in Heat Recovery Steam Generators market are:
Emerson Electric Company
Bharat Heavy Electricals Ltd.
Kawasaki Heavy Industries Ltd.
Hyundai Heavy Industries Co. Ltd.
Mitsubishi Power Ltd.
Cleaver-Brooks Inc.
Hangzhou Boiler Group Co. Ltd.
Hamon & Cie (International) SA
Martin Energy Group Services LLC
Nooter/Eriksen Inc.
RENTECH Boiler Systems Inc.
GE Power
AC Boilers SpA
BHI Co. Ltd.
Indeck Keystone Energy LLC
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Industry Dynamics and Opportunity Analysis
3.1.1 Growth Drivers
3.1.2 Limiting Factors
3.1.3 Growth Opportunities
3.1.4 Challenges and Risks
3.2 Market Trend Analysis
3.3 Strategic Pestle Overview
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Mapping
3.6 Regulatory Framework
3.7 Princing Trend Analysis
3.8 Patent Analysis
3.9 Technology Evolution
3.10 Investment Pockets
3.11 Import-Export Analysis
Chapter 4: Heat Recovery Steam Generators Market Type
4.1 Heat Recovery Steam Generators Market Snapshot and Growth Engine
4.2 Heat Recovery Steam Generators Market Overview
4.3 Upto 30 MW
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Upto 30 MW: Geographic Segmentation Analysis
4.4 Above 30 MW
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Above 30 MW: Geographic Segmentation Analysis
Chapter 5: Heat Recovery Steam Generators Market Application
5.1 Heat Recovery Steam Generators Market Snapshot and Growth Engine
5.2 Heat Recovery Steam Generators Market Overview
5.3 Combined Cycle
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Combined Cycle: Geographic Segmentation Analysis
5.4 CHP
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 CHP: Geographic Segmentation Analysis
5.5 Other Applications
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Other Applications: Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Heat Recovery Steam Generators Market Share by Manufacturer (2025)
6.1.3 Concentration Ratio(CR5)
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 EMERSON ELECTRIC COMPANY; BHARAT HEAVY ELECTRICALS LTD.; KAWASAKI HEAVY INDUSTRIES LTD.; HYUNDAI HEAVY INDUSTRIES CO.
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Operating Business Segments
6.2.5 Product Portfolio
6.2.6 Business Performance
6.2.7 Key Strategic Moves and Recent Developments
6.3 LTD.; MITSUBISHI POWER
6.4 LTD.; CLEAVER-BROOKS
6.5 INC.; HANGZHOU BOILER GROUP CO.
6.6 LTD.; HAMON & CIE (INTERNATIONAL) SA; MARTIN ENERGY GROUP SERVICES LLC; NOOTER/ERIKSEN
6.7 INC.; RENTECH BOILER SYSTEMS
6.8 INC.; GE POWER; AC BOILERS SPA; BHI CO.
6.9 LTD.; INDECK KEYSTONE ENERGY LLC
Chapter 7: Global Heat Recovery Steam Generators Market By Region
7.1 Overview
7.2. North America Heat Recovery Steam Generators Market
7.2.1 Historic and Forecasted Market Size by Segments
7.2.2 Historic and Forecasted Market Size By Type
7.2.2.1 Upto 30 MW
7.2.2.2 Above 30 MW
7.2.3 Historic and Forecasted Market Size By Application
7.2.3.1 Combined Cycle
7.2.3.2 CHP
7.2.3.3 Other Applications
7.2.4 Historic and Forecast Market Size by Country
7.2.4.1 US
7.2.4.2 Canada
7.2.4.3 Mexico
7.3. Eastern Europe Heat Recovery Steam Generators Market
7.3.1 Historic and Forecasted Market Size by Segments
7.3.2 Historic and Forecasted Market Size By Type
7.3.2.1 Upto 30 MW
7.3.2.2 Above 30 MW
7.3.3 Historic and Forecasted Market Size By Application
7.3.3.1 Combined Cycle
7.3.3.2 CHP
7.3.3.3 Other Applications
7.3.4 Historic and Forecast Market Size by Country
7.3.4.1 Russia
7.3.4.2 Bulgaria
7.3.4.3 The Czech Republic
7.3.4.4 Hungary
7.3.4.5 Poland
7.3.4.6 Romania
7.3.4.7 Rest of Eastern Europe
7.4. Western Europe Heat Recovery Steam Generators Market
7.4.1 Historic and Forecasted Market Size by Segments
7.4.2 Historic and Forecasted Market Size By Type
7.4.2.1 Upto 30 MW
7.4.2.2 Above 30 MW
7.4.3 Historic and Forecasted Market Size By Application
7.4.3.1 Combined Cycle
7.4.3.2 CHP
7.4.3.3 Other Applications
7.4.4 Historic and Forecast Market Size by Country
7.4.4.1 Germany
7.4.4.2 UK
7.4.4.3 France
7.4.4.4 The Netherlands
7.4.4.5 Italy
7.4.4.6 Spain
7.4.4.7 Rest of Western Europe
7.5. Asia Pacific Heat Recovery Steam Generators Market
7.5.1 Historic and Forecasted Market Size by Segments
7.5.2 Historic and Forecasted Market Size By Type
7.5.2.1 Upto 30 MW
7.5.2.2 Above 30 MW
7.5.3 Historic and Forecasted Market Size By Application
7.5.3.1 Combined Cycle
7.5.3.2 CHP
7.5.3.3 Other Applications
7.5.4 Historic and Forecast Market Size by Country
7.5.4.1 China
7.5.4.2 India
7.5.4.3 Japan
7.5.4.4 South Korea
7.5.4.5 Malaysia
7.5.4.6 Thailand
7.5.4.7 Vietnam
7.5.4.8 The Philippines
7.5.4.9 Australia
7.5.4.10 New Zealand
7.5.4.11 Rest of APAC
7.6. Middle East & Africa Heat Recovery Steam Generators Market
7.6.1 Historic and Forecasted Market Size by Segments
7.6.2 Historic and Forecasted Market Size By Type
7.6.2.1 Upto 30 MW
7.6.2.2 Above 30 MW
7.6.3 Historic and Forecasted Market Size By Application
7.6.3.1 Combined Cycle
7.6.3.2 CHP
7.6.3.3 Other Applications
7.6.4 Historic and Forecast Market Size by Country
7.6.4.1 Turkiye
7.6.4.2 Bahrain
7.6.4.3 Kuwait
7.6.4.4 Saudi Arabia
7.6.4.5 Qatar
7.6.4.6 UAE
7.6.4.7 Israel
7.6.4.8 South Africa
7.7. South America Heat Recovery Steam Generators Market
7.7.1 Historic and Forecasted Market Size by Segments
7.7.2 Historic and Forecasted Market Size By Type
7.7.2.1 Upto 30 MW
7.7.2.2 Above 30 MW
7.7.3 Historic and Forecasted Market Size By Application
7.7.3.1 Combined Cycle
7.7.3.2 CHP
7.7.3.3 Other Applications
7.7.4 Historic and Forecast Market Size by Country
7.7.4.1 Brazil
7.7.4.2 Argentina
7.7.4.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
Heat Recovery Steam Generators Scope:
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Report Data
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Heat Recovery Steam Generators Market
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Heat Recovery Steam Generators Market Size in 2025
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USD XX million
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Heat Recovery Steam Generators CAGR 2025 - 2032
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XX%
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Heat Recovery Steam Generators Base Year
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2024
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Heat Recovery Steam Generators Forecast Data
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2025 - 2032
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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Emerson Electric Company, Bharat Heavy Electricals Ltd., Kawasaki Heavy Industries Ltd., Hyundai Heavy Industries Co. Ltd., Mitsubishi Power Ltd., Cleaver-Brooks Inc., Hangzhou Boiler Group Co. Ltd., Hamon & Cie (International) SA, Martin Energy Group Services LLC, Nooter/Eriksen Inc., RENTECH Boiler Systems Inc., GE Power, AC Boilers SpA, BHI Co. Ltd., Indeck Keystone Energy LLC.
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Key Segments
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By Type
Upto 30 MW
Above 30 MW
By Applications
Combined Cycle
CHP
Other Applications
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