Market Overview

Global Heat Recovery Steam Generator Market 2018-2022 | Government Investments to Augment Growth | Technavio


The global
heat recovery steam generator market
is expected to post a CAGR
of close to 5% during the period 2018-2022, according to the
latest market research report by Technavio.

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Technavio has published a new market research report on the global heat recovery steam generator mar ...

Technavio has published a new market research report on the global heat recovery steam generator market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increase in energy
efficiency. Energy efficiency is one of the key factors that will lead
to the reduced use of coal and will drive the demand for the other
sources such as nuclear and thermal energy to meet the power generation
capacity. Higher levels of efficiencies can be achieved by generating
higher outputs with the same resources and without adding to more
emissions for power generation.

This market research report on the global heat recovery steam generator
(HRSG) market 2018-2022 also provides an analysis of the most important
trends expected to impact the market outlook during the forecast period.
Technavio classifies an emerging trend as a major factor that has the
potential to significantly impact the market and contribute to its
growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights government investments as one of
the key emerging trends in the global heat recovery steam generator

Global heat recovery steam generator market:
Government investments

Concerns such as the increase in harmful emissions and enforcement of
stricter regulations for climate change mitigation have increased the
focus on technologies that can produce power in a much cleaner and
efficient manner.

"The extensive use of coal causes a large number of premature deaths
per year and numerous causalities. The adverse effects of emissions from
coal projects, such as lung cancer, stroke, and respiratory diseases,
are expected to increase, thereby, driving the death toll. Globally,
government bodies are investing in cleaner advanced technologies such as
CCGT plants to improve the energy efficiency,"
says a senior market
research analyst at Technavio.

Global heat recovery steam generator market:
Segmentation analysis

This market research report segments the global heat recovery steam
generator market by product (horizontal HRSG and vertical HRSG) and
geographical regions (APAC, EMEA, and the Americas).

The horizontal HRSG segment held the largest market share in 2017,
accounting for nearly 67% of the market. This product segment is
expected to dominate the global market throughout the forecast period.

APAC led the market in 2017 with a market share of nearly 36% of the
market share. The market share occupied by this region is anticipated to
increase by nearly 2% during 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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