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Heat Recovery Steam Generator Market Share

  • Report ID: GMI3374
  • Published Date: Sep 2022
  • Report Format: PDF
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Heat Recovery Steam Generator Market Share

Some of the key companies involved in the industry include:

  • John Wood Group PLC
  • Kawasaki Heavy Industries
  • Babcock & Wilcox Enterprises Inc.
  • Larsen & Toubro Limited
  • Bharat Heavy Electricals Limited (BHEL)
  • Cleaver-Brooks
  • Clayton Industries
  • John Cockerill
  • Mitsubishi Heavy Industries
  • General Electric
  • Siemens Energy
  • Sofinter S.p.a
  • Rentech Boilers
  • Thermax Limited
  • Kelvion Holding GmbH
  • S.A. HAMON 

Prominent players are collaborating with major energy companies to deploy their products across their infrastructure.
 

Citing an instance, in August 2022, Siemens Energy and MYTILINEOS selected the HRSG technology offered by John Cockerill to develop and supply a Benson-type boiler. This system is intended to be deployed behind Siemen’s gas turbine in its upcoming combined cycle facility in Poland. Moreover, this technology will save close to 1.2 million tons of CO2 per year. With the rapid rise in environmental concerns, such sustainable inclusions will generate lucrative growth opportunities for the market.
 

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of heat recovery steam generator valued at over USD 1.2 billion in 2021 and will depict a growth rate of over 5% through 2022-2030, with the growing adoption of cogeneration technology.

The vertical drum segment is projected to register 6% gains between 2022 and 2030 with increased adoption across food processing facilities.

The Asia Pacific market revenue is expected to grow at a CAGR of over 5.5% through 2030, due to consistent advancements in the regional power infrastructure.

John Wood Group PLC, Kawasaki Heavy Industries, Larsen & Toubro Limited, and S.A. HAMON are some of the key players operating in the industry.

Heat Recovery Steam Generator Market Scope

  • Heat Recovery Steam Generator Market Size
  • Heat Recovery Steam Generator Market Analysis
  • Heat Recovery Steam Generator Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 16
    • Tables & Figures: 693
    • Countries covered: 32
    • Pages: 390
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