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Global Heat Recovery Steam Generator 2016-2020

  • February 2016
  • -
  • Infiniti Research Limited
  • -
  • 62 pages

Summary

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About Heat Recovery Steam Generator

Fossil fuels account for more than 60% of the global electricity production. Depending on the fuel and the process used, the overall electricity energy conversion ranges between 35% and 40%. This implies that 55%-60% of the energy is wasted during the process. Large quantities of this wasted energy end up as thermal energy in the exhaust gases during the combustion process.
HRSG is a heat exchanger where the heat from the exhaust gas of a gas turbine or a combustion engine is passed through a series of heat exchanger tubes to create steam for the steam turbine. HRSG can be operated at multiple pressure levels – single pressure, dual pressure and triple pressure.

Technavio’s analysts forecast the global HRSG market to grow at a CAGR of 5.37% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global heat recovery steam generator market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.


The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Heat Recovery Steam Generator Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.

Key vendors
- AC Boilers
- Alstom
- Babcock & Wilcox (B&W)
- CMI
- Foster Wheeler
- Nooter/Eriksen


Other prominent vendors
- Doosan
- Hangzhou Boiler Group
- Mitsubishi Heavy Industries
- NEM
- Siemens
- Victory energy

Market driver
- Need for energy efficiency
- For a full, detailed list, view our report

Market challenge
- Limited product differentiation
- For a full, detailed list, view our report

Market trend
- Growing demand for HRSG in power production
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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