Heat Recovery Steam Generator Global Market Report 2025

Description

A heat recovery steam generator (HRSG) is a device designed to recover waste heat from exhaust gases, often from gas turbines or other industrial processes, and convert it into steam. This steam can then be used to drive a steam turbine for electricity generation or for industrial heating. HRSGs are crucial in combined cycle power plants, as they enhance overall efficiency by utilizing heat that would otherwise be wasted.

HRSGs come in several design types such as modular construction, c-section construction, bundle construction, and fully assembled. In modular construction, HRSGs are built in prefabricated modules that are assembled on-site. The configurations include horizontal drum units, vertical drum units, and horizontal-once through units. They are available in power outputs ranging from 0 to 60 megawatts (MW), 60 to 100 megawatts (MW), and above 100 megawatts (MW). Applications for HRSGs include co-generation (process heating), combined cycle, and combined heat and power (CHP) systems. They are used by a variety of industries, including utilities, chemicals, refineries, and pulp and paper, among others.

The heat recovery steam generator market research report is one of a series of new reports from The Business Research Company that provides heat recovery steam generator market statistics, including heat recovery steam generator industry global market size, regional shares, competitors with a heat recovery steam generator market share, detailed heat recovery steam generator market segments, market trends and opportunities, and any further data you may need to thrive in the heat recovery steam generator industry. This heat recovery steam generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The heat recovery steam generator market size has grown strongly in recent years. It will grow from $1.71 billion in 2024 to $1.82 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to rising demand for energy efficiency, increasing adoption of combined cycle power plants, stringent environmental regulations, growth in global power generation capacity, and the expansion of industrial sectors such as oil and gas and manufacturing.

The heat recovery steam generator market size is expected to see strong growth in the next few years. It will grow to $2.29 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to increasing investments in renewable energy integration, growing emphasis on reducing operational costs, rising demand from emerging economies, expanding applications beyond utilities, and the development of smart monitoring and maintenance technologies. Major trends in the forecast period include a shift towards more compact and modular designs, greater adoption of digital twin technology for performance optimization, development of next-generation materials for higher temperature tolerance, emphasis on reducing carbon footprints through advanced emission control solutions, and the adoption of advanced automation and AI-driven maintenance strategies.

The growth of the industrial sector is anticipated to drive the heat recovery steam generator (HRSG) market in the future. The industrial sector encompasses activities related to manufacturing, construction, and other production processes. It is expanding due to increased demand for manufactured goods and technological advancements that enhance efficiency and production. HRSGs in the industrial sector capture and convert waste heat from industrial processes into steam, thereby improving energy efficiency and reducing fuel consumption. For example, Eurostat reported that in May 2023, seasonally adjusted industrial production in the European area increased by 0.2%, and by 0.1% in the European Union compared to April 2023. This expansion in the industrial sector is contributing to the growth of the HRSG market.

Leading companies in the HRSG market are developing innovative products, such as heat recovery power generation systems, to gain a competitive advantage. These systems capture and use waste heat from industrial processes, exhaust gases, or other energy sources to generate electricity. For instance, in October 2022, Kawasaki Heavy Industries Ltd., a Japanese manufacturing company, delivered its new high-efficiency waste heat recovery power generation system, the VEGA boiler, to Taiheiyo Cement. This was the first installation of the VEGA boiler in Japan, highlighting Kawasaki's commitment to enhancing energy efficiency in the cement industry. The VEGA boiler is designed specifically for waste heat recovery in cement plants, utilizing heat from the preheater's exhaust gases, which contain significant dust, to produce steam that drives a turbine for electricity generation.

In June 2022, Mutares, a German private equity firm, acquired Heat Transfer Technology from Siemens Energy B.V. for an undisclosed amount. This acquisition aims to broaden Mutares' portfolio in the HRSG market and strengthen its capabilities and offerings in energy efficiency solutions and industrial technology. Siemens Energy B.V., based in the Netherlands, is a provider of HRSGs.

Major companies operating in the heat recovery steam generator market are Hitachi Ltd., General Electric Company, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., ABB Ltd., Alstom SA, Kawasaki Heavy Industries Ltd., Sumitomo Heavy Industries Ltd., John Wood Group PLC, Bharat Heavy Electricals Limited, SPX Flow Inc., Thermax Limited, Spirax Group plc, Babcock & Wilcox Enterprises Inc., Nooter/Eriksen Inc., Hamon & Cie International, Rentech Boilers Systems Inc., Clyde Bergemann Power Group, Bosch Industriekessel GmbH, Doosan Heavy Industries & Construction, John Cockerill, Aalborg Industries

North America was the largest region in the heat recovery steam generator market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the heat recovery steam generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the heat recovery steam generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The heat recovery steam generator market consists of sales of natural circulation heat recovery steam generators, dual pressure heat recovery steam generators, triple pressure heat recovery steam generators, modular heat recovery steam generators, and forced circulation heat recovery steam generators. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Heat Recovery Steam Generator Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on heat recovery steam generator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for heat recovery steam generator ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The heat recovery steam generator market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Design Type: Modular Construction; C-Section Construction; Bundle Construction; Fully Assembled
2) By Configuration Type: Horizontal Drum Units; Vertical Drum Units; Horizontal-Once Through Units
3) By Output Power Type: 0 To 60 Megawatt (MW); 60 To 100 Megawatt (MW); 100 Megawatt (MW) And Above
4) By Application Type: Co-Generation (Process Heating); Combined Cycle; Combined Heat And Power (CHP)
5) By End User: Utility; Chemicals; Refineries; Pulp And Paper; Other End Users
Subsegments:
1) By Modular Construction: Pre-Fabricated Modules; Skid-Mounted Modules; Compact Modular Systems
2) By C-Section Construction: Horizontal C-Section HRSGs; Vertical C-Section HRSGs; Single-Pressure C-Section HRSGs
3) By Bundle Construction: Horizontal Bundle HRSGs; Vertical Bundle HRSGs; Double Pressure Bundle HRSGs
4) By Fully Assembled: Factory-Assembled HRSGs; Site-Assembled HRSGs; Custom-Built Fully Assembled Units
Companies Mentioned: Hitachi Ltd.; General Electric Company; Siemens Energy AG; Mitsubishi Heavy Industries Ltd.; ABB Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r33759

1. Executive Summary

2. Heat Recovery Steam Generator Market Characteristics

3. Heat Recovery Steam Generator Market Trends And Strategies

4. Heat Recovery Steam Generator Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Heat Recovery Steam Generator Growth Analysis And Strategic Analysis Framework

5.1. Global Heat Recovery Steam Generator PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Heat Recovery Steam Generator Market Growth Rate Analysis
5.4. Global Heat Recovery Steam Generator Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Heat Recovery Steam Generator Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Heat Recovery Steam Generator Total Addressable Market (TAM)

6. Heat Recovery Steam Generator Market Segmentation

6.1. Global Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Modular Construction
C-Section Construction
Bundle Construction
Fully Assembled
6.2. Global Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Horizontal Drum Units
Vertical Drum Units
Horizontal-Once Through Units
6.3. Global Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
0 To 60 Megawatt (MW)
60 To 100 Megawatt (MW)
100 Megawatt (MW) And Above
6.4. Global Heat Recovery Steam Generator Market, Segmentation By Application Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Co-Generation (Process Heating)
Combined Cycle
Combined Heat And Power (CHP)
6.5. Global Heat Recovery Steam Generator Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Utility
Chemicals
Refineries
Pulp And Paper
Other End Users
6.6. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Modular Construction, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Pre-Fabricated Modules
Skid-Mounted Modules
Compact Modular Systems
6.7. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of C-Section Construction, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Horizontal C-Section HRSGs
Vertical C-Section HRSGs
Single-Pressure C-Section HRSGs
6.8. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Bundle Construction, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Horizontal Bundle HRSGs
Vertical Bundle HRSGs
Double Pressure Bundle HRSGs
6.9. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Fully Assembled, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Factory-Assembled HRSGs
Site-Assembled HRSGs
Custom-Built Fully Assembled Units

7. Heat Recovery Steam Generator Market Regional And Country Analysis

7.1. Global Heat Recovery Steam Generator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Heat Recovery Steam Generator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Heat Recovery Steam Generator Market

8.1. Asia-Pacific Heat Recovery Steam Generator Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Heat Recovery Steam Generator Market

9.1. China Heat Recovery Steam Generator Market Overview
9.2. China Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Heat Recovery Steam Generator Market

10.1. India Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Heat Recovery Steam Generator Market

11.1. Japan Heat Recovery Steam Generator Market Overview
11.2. Japan Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Heat Recovery Steam Generator Market

12.1. Australia Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Heat Recovery Steam Generator Market

13.1. Indonesia Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Heat Recovery Steam Generator Market

14.1. South Korea Heat Recovery Steam Generator Market Overview
14.2. South Korea Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Heat Recovery Steam Generator Market

15.1. Western Europe Heat Recovery Steam Generator Market Overview
15.2. Western Europe Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Heat Recovery Steam Generator Market

16.1. UK Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Heat Recovery Steam Generator Market

17.1. Germany Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Heat Recovery Steam Generator Market

18.1. France Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Heat Recovery Steam Generator Market

19.1. Italy Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Heat Recovery Steam Generator Market

20.1. Spain Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Heat Recovery Steam Generator Market

21.1. Eastern Europe Heat Recovery Steam Generator Market Overview
21.2. Eastern Europe Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Heat Recovery Steam Generator Market

22.1. Russia Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Heat Recovery Steam Generator Market

23.1. North America Heat Recovery Steam Generator Market Overview
23.2. North America Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Heat Recovery Steam Generator Market

24.1. USA Heat Recovery Steam Generator Market Overview
24.2. USA Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Heat Recovery Steam Generator Market

25.1. Canada Heat Recovery Steam Generator Market Overview
25.2. Canada Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Heat Recovery Steam Generator Market

26.1. South America Heat Recovery Steam Generator Market Overview
26.2. South America Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Heat Recovery Steam Generator Market

27.1. Brazil Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Heat Recovery Steam Generator Market

28.1. Middle East Heat Recovery Steam Generator Market Overview
28.2. Middle East Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Heat Recovery Steam Generator Market

29.1. Africa Heat Recovery Steam Generator Market Overview
29.2. Africa Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Heat Recovery Steam Generator Market Competitive Landscape And Company Profiles

30.1. Heat Recovery Steam Generator Market Competitive Landscape
30.2. Heat Recovery Steam Generator Market Company Profiles
- 30.2.1. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. General Electric Company Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Mitsubishi Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis

31. Heat Recovery Steam Generator Market Other Major And Innovative Companies

31.1. Alstom SA
31.2. Kawasaki Heavy Industries Ltd.
31.3. Sumitomo Heavy Industries Ltd.
31.4. John Wood Group PLC
31.5. Bharat Heavy Electricals Limited
31.6. SPX Flow Inc.
31.7. Thermax Limited
31.8. Spirax Group plc
31.9. Babcock & Wilcox Enterprises Inc.
31.10. Nooter/Eriksen Inc.
31.11. Hamon & Cie International
31.12. Rentech Boilers Systems Inc.
31.13. Clyde Bergemann Power Group
31.14. Bosch Industriekessel GmbH
31.15. Doosan Heavy Industries & Construction

32. Global Heat Recovery Steam Generator Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Heat Recovery Steam Generator Market

34. Recent Developments In The Heat Recovery Steam Generator Market

35. Heat Recovery Steam Generator Market High Potential Countries, Segments and Strategies

35.1 Heat Recovery Steam Generator Market In 2029 - Countries Offering Most New Opportunities
35.2 Heat Recovery Steam Generator Market In 2029 - Segments Offering Most New Opportunities
35.3 Heat Recovery Steam Generator Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer