Global Heat Recovery Steam Generator (HRSG) Market Growth 2019-2024

A heat recovery steam generator or HRSG is an energy recovery heat exchanger that recovers heat from a hot gas stream. It produces steam that can be used in a process (cogeneration) or used to drive a steam turbine (combined cycle). Globally, the HRSG industry market is not that concentrated as the manufacturing technology of HRSG is relatively much more mature than some high-tech equipment. But some enterprises are still well-known for the wonderful performance of their HRSG and related services. At the same time, some countries such as South Korea, Italy and USA are remarkable in the global HRSG industry because of their market share and technology status of HRSG. The consumption volume of HRSG is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of HRSG industry may not keep stable. But it is surely forecasted that the market of HRSG is still promising. The product average price declined in the past few years due to the market competition, the average price will keep the trend in the few future years due to most of Chinese manufacturers will enter the industry. The key drivers identified in heat recovery steam generator market are the growing need for energy efficient sources, allocation of government incentives for achieving better energy efficiency levels, reduction in carbon emissions, proposed investment plans in energy sector by government and major companies. However, high capital cost and limited product differentiation are the key challenges faced by manufa ...
Table of Contents 2019-2024 Global Heat Recovery Steam Generator (HRSG) Consumption Market Report 1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Heat Recovery Steam Generator (HRSG) Consumption 2014-2024 2.1.2 Heat Recovery Steam Generator (HRSG) Consumption CAGR by Region 2.2 Heat Recovery Steam Generator (HRSG) Segment by Type 2.2.1 Vertical 2.2.2 Horizontal 2.3 Heat Recovery Steam Generator (HRSG) Consumption by Type 2.3.1 Global Heat Recovery Steam Generator (HRSG) Consumption Market Share by Type (2014-2019) 2.3.2 Global Heat Recovery Steam Generator (HRSG) Revenue and Market Share by Type (2014-2019) 2.3.3 Global Heat Recovery Steam Generator (HRSG) Sale Price by Type (2014-2019) 2.4 Heat Recovery Steam ...
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