Market Overview

Global Heat Recovery Steam Generator (HRSG) Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 4.86% -


The "Global
Heat Recovery Steam Generator (HRSG) Market 2018-2022"
has been added to's offering.

The analysts forecast the global heat recovery steam generator (HRSG)
market to grow at a CAGR of 4.86% during the period 2018-2022.

The HRSG is a heat exchanger designed to recover the exhaust waste heat
available in the combustion turbine exhaust gas. The waste heat
recovered from the exhaust is used to generate steam at high pressure
and high temperature. The steam produced by HRSG can be used in combined
heat and power (CHP) process and to drive a steam turbine (combined

One trend in the market is increase in demand for HRSG in power
production. With the increasing population, the demand for powers is
increasing rapidly. In addition, the global economic growth will drive
the demand for power. The world population is expected to increase by
approximately 12% between April 2018 and 2030.

One driver in the market is 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 other sources such as nuclear and
thermal energy to meet the power generation capacity.

The report states that one challenge in the market is volatility in
prices of natural gas. One of the main challenges faced by the global
HRSG market is the fluctuation in the prices of natural gas, a raw
material that is extensively used in CCGT power plants.

Companies Mentioned

  • Babcock & Wilcox Enterprises
  • CMI
  • John Wood Group
  • Siemens
  • Thermax Global

Key Topics Covered:

01. Executive Summary

02. Scope Of The Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation By Product

08. Customer Landscape

09. Regional Landscape

10. Decision Framework

11. Drivers And Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

15. Appendix

For more information about this report visit

View Comments and Join the Discussion!