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Heat Recovery Steam Generator (HRSG)

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).

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Product & engineering

Understand the product.

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).

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Industry Research

Heat Recovery Steam Generator (HRSG) Industry Research Report 2026

20 December 2025123 pages

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Industry ResearchHeat Recovery Steam Generator (HRSG) Industry Research Report 2026123 pages · $2,950 USDIndustry Growth & TrendsGlobal Heat Recovery Steam Generator (HRSG) Industry Growth and Trends Forecast to 2032106 pages · $3,450 USDMarket StructureGlobal Heat Recovery Steam Generator (HRSG) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032198 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Heat Recovery Steam Generator (HRSG) Market Outlook and Growth Opportunities 2026191 pages · $4,250 USDMarket Analysis & ForecastGlobal Heat Recovery Steam Generator (HRSG) Market Analysis and Forecast 2026-2032210 pages · $4,950 USD

Market perspective

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).

Global Heat Recovery Steam Generator (HRSG) key players include Nooter Eriksen, BHI, CMI Energy, Doosan E&C, etc. Global top four manufacturers hold a share over 30%.

North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share about 45 percent.

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In terms of product, 100MW-300MW is the largest segment, with a share over 55%. And in terms of application, the largest application is Power Station, followed by Industrial Production.

Report Scope

This report quantifies the global Heat Recovery Steam Generator (HRSG) market in revenue (US$ million) and, where applicable, sales volume (MW), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.

It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/MW) and concentration ratios (CR5/CR10).

The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Heat Recovery Steam Generator (HRSG).

Key Companies & Market Share Insights

This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.

Heat Recovery Steam Generator (HRSG) Market by Company

BHI

Foster Wheeler

Nooter Eriksen

CMI Energy

Alstom Power

Doosan E&C

Siemens (NEM Energy)

VOGT Power

STF

Babcock & Wilcox

Mitsubishi

Hangzhou Boiler

Bharat Heavy Electricals

Wuxi Huaguang

Heat Recovery Steam Generator (HRSG) Segment by Type

Below 50MW

50MW-100MW

100MW-300MW

Over 300MW

Heat Recovery Steam Generator (HRSG) Segment by Application

Power Station

Industrial Production

Heat Recovery Steam Generator (HRSG) Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heat Recovery Steam Generator (HRSG) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Heat Recovery Steam Generator (HRSG) and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heat Recovery Steam Generator (HRSG).

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of Heat Recovery Steam Generator (HRSG) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Heat Recovery Steam Generator (HRSG) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of Heat Recovery Steam Generator (HRSG) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 11: The main points and conclusions of the report.

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Tables and figures
List of Tables Table 1. Secondary Sources Table 2. Primary Sources Table 3. Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Heat Recovery Steam Generator (HRSG) Production by Manufacturers (MW) & (2021-2026) Table 6. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Manufacturers Table 7. Global Heat Recovery Steam Generator (HRSG) Production Value by Manufacturers (US$ Million) & (2021-2026) Table 8. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Manufacturers (2021-2026) Table 9. Global Heat Recovery Steam Generator (HRSG) Average Price (USD/MW) of Manufacturers (2021-2026) Table 10. Global Heat Recovery Steam Generator (HRSG) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026 Table 11. Global Heat Recovery Steam Generator (HRSG) Key Manufacturers, Manufacturing Sites & Headquarters Table 12. Global Heat Recovery Steam Generator (HRSG) Manufacturers, Product Type & Application Table 13. Global Heat Recovery Steam Generator (HRSG) Manufacturers Established Date Table 14. Global Manufacturers Market Concentration Ratio (CR5 and HHI) Table 15. Global Heat Recovery Steam Generator (HRSG) by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2025) Table 16. Manufacturers Mergers & Acquisitions, Expansion Plans Table 17. BHI Company Information Table 18. BHI Business Overview Table 19. BHI Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 20. BHI Heat Recovery Steam Generator (HRSG) Product Portfolio Table 21. BHI Recent Development Table 22. Foster Wheeler Company Information Table 23. Foster Wheeler Business Overview Table 24. Foster Wheeler Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 25. Foster Wheeler Heat Recovery Steam Generator (HRSG) Product Portfolio Table 26. Foster Wheeler Recent Development Table 27. Nooter Eriksen Company Information Table 28. Nooter Eriksen Business Overview Table 29. Nooter Eriksen Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 30. Nooter Eriksen Heat Recovery Steam Generator (HRSG) Product Portfolio Table 31. Nooter Eriksen Recent Development Table 32. CMI Energy Company Information Table 33. CMI Energy Business Overview Table 34. CMI Energy Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 35. CMI Energy Heat Recovery Steam Generator (HRSG) Product Portfolio Table 36. CMI Energy Recent Development Table 37. Alstom Power Company Information Table 38. Alstom Power Business Overview Table 39. Alstom Power Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 40. Alstom Power Heat Recovery Steam Generator (HRSG) Product Portfolio Table 41. Alstom Power Recent Development Table 42. Doosan E&C Company Information Table 43. Doosan E&C Business Overview Table 44. Doosan E&C Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 45. Doosan E&C Heat Recovery Steam Generator (HRSG) Product Portfolio Table 46. Doosan E&C Recent Development Table 47. Siemens (NEM Energy) Company Information Table 48. Siemens (NEM Energy) Business Overview Table 49. Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 50. Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Product Portfolio Table 51. Siemens (NEM Energy) Recent Development Table 52. VOGT Power Company Information Table 53. VOGT Power Business Overview Table 54. VOGT Power Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 55. VOGT Power Heat Recovery Steam Generator (HRSG) Product Portfolio Table 56. VOGT Power Recent Development Table 57. STF Company Information Table 58. STF Business Overview Table 59. STF Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 60. STF Heat Recovery Steam Generator (HRSG) Product Portfolio Table 61. STF Recent Development Table 62. Babcock & Wilcox Company Information Table 63. Babcock & Wilcox Business Overview Table 64. Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 65. Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Product Portfolio Table 66. Babcock & Wilcox Recent Development Table 67. Mitsubishi Company Information Table 68. Mitsubishi Business Overview Table 69. Mitsubishi Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 70. Mitsubishi Heat Recovery Steam Generator (HRSG) Product Portfolio Table 71. Mitsubishi Recent Development Table 72. Hangzhou Boiler Company Information Table 73. Hangzhou Boiler Business Overview Table 74. Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 75. Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Product Portfolio Table 76. Hangzhou Boiler Recent Development Table 77. Bharat Heavy Electricals Company Information Table 78. Bharat Heavy Electricals Business Overview Table 79. Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 80. Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Product Portfolio Table 81. Bharat Heavy Electricals Recent Development Table 82. Wuxi Huaguang Company Information Table 83. Wuxi Huaguang Business Overview Table 84. Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Production (MW), Value (US$ Million), Price (USD/MW) and Gross Margin (2021-2026) Table 85. Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Product Portfolio Table 86. Wuxi Huaguang Recent Development Table 87. Global Heat Recovery Steam Generator (HRSG) Production Comparison by Region: 2021 VS 2025 VS 2032 (MW) Table 88. Global Heat Recovery Steam Generator (HRSG) Production by Region (2021-2026) & (MW) Table 89. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Region (2021-2026) Table 90. Global Heat Recovery Steam Generator (HRSG) Production Forecast by Region (2027-2032) & (MW) Table 91. Global Heat Recovery Steam Generator (HRSG) Production Market Share Forecast by Region (2027-2032) Table 92. Global Heat Recovery Steam Generator (HRSG) Production Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 93. Global Heat Recovery Steam Generator (HRSG) Production Value by Region (2021-2026) & (US$ Million) Table 94. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Region (2021-2026) Table 95. Global Heat Recovery Steam Generator (HRSG) Production Value Forecast by Region (2027-2032) & (US$ Million) Table 96. Global Heat Recovery Steam Generator (HRSG) Market Average Price (USD/MW) by Region (2021-2026) Table 97. Global Heat Recovery Steam Generator (HRSG) Market Average Price (USD/MW) by Region (2027-2032) Table 98. Global Heat Recovery Steam Generator (HRSG) Consumption Comparison by Region: 2021 VS 2025 VS 2032 (MW) Table 99. Global Heat Recovery Steam Generator (HRSG) Consumption by Region (2021-2026) & (MW) Table 100. Global Heat Recovery Steam Generator (HRSG) Consumption Market Share by Region (2021-2026) Table 101. Global Heat Recovery Steam Generator (HRSG) Forecasted Consumption by Region (2027-2032) & (MW) Table 102. Global Heat Recovery Steam Generator (HRSG) Forecasted Consumption Market Share by Region (2027-2032) Table 103. North America Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (MW) Table 104. North America Heat Recovery Steam Generator (HRSG) Consumption by Country (2021-2026) & (MW) Table 105. North America Heat Recovery Steam Generator (HRSG) Consumption by Country (2027-2032) & (MW) Table 106. Europe Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (MW) Table 107. Europe Heat Recovery Steam Generator (HRSG) Consumption by Country (2021-2026) & (MW) Table 108. Europe Heat Recovery Steam Generator (HRSG) Consumption by Country (2027-2032) & (MW) Table 109. Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (MW) Table 110. Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption by Country (2021-2026) & (MW) Table 111. Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption by Country (2027-2032) & (MW) Table 112. South America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (MW) Table 113. South America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption by Country (2021-2026) & (MW) Table 114. South America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption by Country (2027-2032) & (MW) Table 115. Global Heat Recovery Steam Generator (HRSG) Production by Type (2021-2026) & (MW) Table 116. Global Heat Recovery Steam Generator (HRSG) Production by Type (2027-2032) & (MW) Table 117. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Type (2021-2026) Table 118. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Type (2027-2032) Table 119. Global Heat Recovery Steam Generator (HRSG) Production Value by Type (2021-2026) & (US$ Million) Table 120. Global Heat Recovery Steam Generator (HRSG) Production Value by Type (2027-2032) & (US$ Million) Table 121. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Type (2021-2026) Table 122. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Type (2027-2032) Table 123. Global Heat Recovery Steam Generator (HRSG) Price by Type (2021-2026) & (USD/MW) Table 124. Global Heat Recovery Steam Generator (HRSG) Price by Type (2027-2032) & (USD/MW) Table 125. Global Heat Recovery Steam Generator (HRSG) Production by Application (2021-2026) & (MW) Table 126. Global Heat Recovery Steam Generator (HRSG) Production by Application (2027-2032) & (MW) Table 127. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Application (2021-2026) Table 128. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Application (2027-2032) Table 129. Global Heat Recovery Steam Generator (HRSG) Production Value by Application (2021-2026) & (US$ Million) Table 130. Global Heat Recovery Steam Generator (HRSG) Production Value by Application (2027-2032) & (US$ Million) Table 131. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Application (2021-2026) Table 132. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Application (2027-2032) Table 133. Global Heat Recovery Steam Generator (HRSG) Price by Application (2021-2026) & (USD/MW) Table 134. Global Heat Recovery Steam Generator (HRSG) Price by Application (2027-2032) & (USD/MW) Table 135. Key Raw Materials Table 136. Raw Materials Key Suppliers Table 137. Heat Recovery Steam Generator (HRSG) Distributors List Table 138. Heat Recovery Steam Generator (HRSG) Customers List Table 139. Heat Recovery Steam Generator (HRSG) Industry Trends Table 140. Heat Recovery Steam Generator (HRSG) Industry Drivers Table 141. Heat Recovery Steam Generator (HRSG) Industry Restraints Table 142. Authors List of This Report List of Figures Figure 1. Research Methodology Figure 2. Research Process Figure 3. Key Executives Interviewed Figure 4. Heat Recovery Steam Generator (HRSG) Product Image Figure 5. Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 6. Below 50MW Product Image Figure 7. 50MW-100MW Product Image Figure 8. 100MW-300MW Product Image Figure 9. Over 300MW Product Image Figure 10. Power Station Product Image Figure 11. Industrial Production Product Image Figure 12. Global Heat Recovery Steam Generator (HRSG) Production Value (US$ Million), 2021 VS 2025 VS 2032 Figure 13. Global Heat Recovery Steam Generator (HRSG) Production Value (2021-2032) & (US$ Million) Figure 14. Global Heat Recovery Steam Generator (HRSG) Production Capacity (2021-2032) & (MW) Figure 15. Global Heat Recovery Steam Generator (HRSG) Production (2021-2032) & (MW) Figure 16. Global Heat Recovery Steam Generator (HRSG) Average Price (USD/MW) & (2021-2032) Figure 17. Global Heat Recovery Steam Generator (HRSG) Key Manufacturers, Manufacturing Sites & Headquarters Figure 18. Global Top 5 and 10 Heat Recovery Steam Generator (HRSG) Players Market Share by Production Value in 2025 Figure 19. Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 20. Global Heat Recovery Steam Generator (HRSG) Production Comparison by Region: 2021 VS 2025 VS 2032 (MW) Figure 21. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Region: 2021 VS 2025 VS 2032 Figure 22. Global Heat Recovery Steam Generator (HRSG) Production Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 23. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Region: 2021 VS 2025 VS 2032 Figure 24. North America Heat Recovery Steam Generator (HRSG) Production Value (US$ Million) Growth Rate (2021-2032) Figure 25. Europe Heat Recovery Steam Generator (HRSG) Production Value (US$ Million) Growth Rate (2021-2032) Figure 26. China Heat Recovery Steam Generator (HRSG) Production Value (US$ Million) Growth Rate (2021-2032) Figure 27. Japan Heat Recovery Steam Generator (HRSG) Production Value (US$ Million) Growth Rate (2021-2032) Figure 28. Global Heat Recovery Steam Generator (HRSG) Consumption Comparison by Region: 2021 VS 2025 VS 2032 (MW) Figure 29. Global Heat Recovery Steam Generator (HRSG) Consumption Market Share by Region: 2021 VS 2025 VS 2032 Figure 30. North America Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 31. North America Heat Recovery Steam Generator (HRSG) Consumption Market Share by Country (2021-2032) Figure 32. United States Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 33. United States Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 34. Canada Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 35. Mexico Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 36. Europe Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 37. Europe Heat Recovery Steam Generator (HRSG) Consumption Market Share by Country (2021-2032) Figure 38. Germany Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 39. France Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 40. U.K. Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 41. Italy Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 42. Russia Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 43. Spain Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 44. Netherlands Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 45. Switzerland Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 46. Sweden Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 47. Poland Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 48. Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 49. Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption Market Share by Country (2021-2032) Figure 50. China Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 51. Japan Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 52. South Korea Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 53. India Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 54. Australia Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 55. Taiwan Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 56. Southeast Asia Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 57. South America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 58. South America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption Market Share by Country (2021-2032) Figure 59. Brazil Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 60. Argentina Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 61. Chile Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 62. Turkey Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 63. GCC Countries Heat Recovery Steam Generator (HRSG) Consumption and Growth Rate (2021-2032) & (MW) Figure 64. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Type (2021-2032) Figure 65. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Type (2021-2032) Figure 66. Global Heat Recovery Steam Generator (HRSG) Price (USD/MW) by Type (2021-2032) Figure 67. Global Heat Recovery Steam Generator (HRSG) Production Market Share by Application (2021-2032) Figure 68. Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Application (2021-2032) Figure 69. Global Heat Recovery Steam Generator (HRSG) Price (USD/MW) by Application (2021-2032) Figure 70. Heat Recovery Steam Generator (HRSG) Value Chain Figure 71. Heat Recovery Steam Generator (HRSG) Production Mode & Process Figure 72. Direct Comparison with Distribution Share Figure 73. Distributors Profiles Figure 74. Heat Recovery Steam Generator (HRSG) Industry Opportunities and Challenges

Scope & coverage.

Types
  • Below 50MW
  • 50MW-100MW
  • 100MW-300MW
  • Over 300MW
Applications
  • Power Station
  • Industrial Production
Companies covered
  • BHI
  • Foster Wheeler
  • Nooter Eriksen
  • CMI Energy
  • Alstom Power
  • Doosan E&C
  • Siemens (NEM Energy)
  • VOGT Power
  • STF
  • Babcock & Wilcox
  • Mitsubishi
  • Hangzhou Boiler
  • Bharat Heavy Electricals
  • Wuxi Huaguang

Inside the report.

1 Preface
  1. 1.1 Scope of Report
  2. 1.2 Reasons for Doing This Study
  3. 1.3 Research Methodology
  4. 1.4 Research Process
  5. 1.5 Data Source
  6. 1.5.1 Secondary Sources
  7. 1.5.2 Primary Sources
2 Market Overview
  1. 2.1 Product Definition
  2. 2.2 Heat Recovery Steam Generator (HRSG) by Type
  3. 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
  4. 2.2.2 Below 50MW
  5. 2.2.3 50MW-100MW
  6. 2.2.4 100MW-300MW
  7. 2.2.5 Over 300MW
  8. 2.3 Heat Recovery Steam Generator (HRSG) by Application
  9. 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
  10. 2.3.2 Power Station
  11. 2.3.3 Industrial Production
  12. 2.4 Global Market Growth Prospects
  13. 2.4.1 Global Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2021-2032)
  14. 2.4.2 Global Heat Recovery Steam Generator (HRSG) Production Capacity Estimates and Forecasts (2021-2032)
  15. 2.4.3 Global Heat Recovery Steam Generator (HRSG) Production Estimates and Forecasts (2021-2032)
  16. 2.4.4 Global Heat Recovery Steam Generator (HRSG) Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
  1. 3.1 Global Heat Recovery Steam Generator (HRSG) Production by Manufacturers (2021-2026)
  2. 3.2 Global Heat Recovery Steam Generator (HRSG) Production Value by Manufacturers (2021-2026)
  3. 3.3 Global Heat Recovery Steam Generator (HRSG) Average Price by Manufacturers (2021-2026)
  4. 3.4 Global Heat Recovery Steam Generator (HRSG) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Heat Recovery Steam Generator (HRSG) Key Manufacturers, Manufacturing Sites & Headquarters
  6. 3.6 Global Heat Recovery Steam Generator (HRSG) Manufacturers, Product Type & Application
  7. 3.7 Global Heat Recovery Steam Generator (HRSG) Manufacturers Established Date
  8. 3.8 Global Heat Recovery Steam Generator (HRSG) Market CR5 and HHI
  9. 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
  1. 4.1 BHI
  2. 4.1.1 BHI Heat Recovery Steam Generator (HRSG) Company Information
  3. 4.1.2 BHI Heat Recovery Steam Generator (HRSG) Business Overview
  4. 4.1.3 BHI Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  5. 4.1.4 BHI Product Portfolio
  6. 4.1.5 BHI Recent Developments
  7. 4.2 Foster Wheeler
  8. 4.2.1 Foster Wheeler Heat Recovery Steam Generator (HRSG) Company Information
  9. 4.2.2 Foster Wheeler Heat Recovery Steam Generator (HRSG) Business Overview
  10. 4.2.3 Foster Wheeler Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  11. 4.2.4 Foster Wheeler Product Portfolio
  12. 4.2.5 Foster Wheeler Recent Developments
  13. 4.3 Nooter Eriksen
  14. 4.3.1 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Company Information
  15. 4.3.2 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Business Overview
  16. 4.3.3 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  17. 4.3.4 Nooter Eriksen Product Portfolio
  18. 4.3.5 Nooter Eriksen Recent Developments
  19. 4.4 CMI Energy
  20. 4.4.1 CMI Energy Heat Recovery Steam Generator (HRSG) Company Information
  21. 4.4.2 CMI Energy Heat Recovery Steam Generator (HRSG) Business Overview
  22. 4.4.3 CMI Energy Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  23. 4.4.4 CMI Energy Product Portfolio
  24. 4.4.5 CMI Energy Recent Developments
  25. 4.5 Alstom Power
  26. 4.5.1 Alstom Power Heat Recovery Steam Generator (HRSG) Company Information
  27. 4.5.2 Alstom Power Heat Recovery Steam Generator (HRSG) Business Overview
  28. 4.5.3 Alstom Power Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  29. 4.5.4 Alstom Power Product Portfolio
  30. 4.5.5 Alstom Power Recent Developments
  31. 4.6 Doosan E&C
  32. 4.6.1 Doosan E&C Heat Recovery Steam Generator (HRSG) Company Information
  33. 4.6.2 Doosan E&C Heat Recovery Steam Generator (HRSG) Business Overview
  34. 4.6.3 Doosan E&C Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  35. 4.6.4 Doosan E&C Product Portfolio
  36. 4.6.5 Doosan E&C Recent Developments
  37. 4.7 Siemens (NEM Energy)
  38. 4.7.1 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Company Information
  39. 4.7.2 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Business Overview
  40. 4.7.3 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  41. 4.7.4 Siemens (NEM Energy) Product Portfolio
  42. 4.7.5 Siemens (NEM Energy) Recent Developments
  43. 4.8 VOGT Power
  44. 4.8.1 VOGT Power Heat Recovery Steam Generator (HRSG) Company Information
  45. 4.8.2 VOGT Power Heat Recovery Steam Generator (HRSG) Business Overview
  46. 4.8.3 VOGT Power Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  47. 4.8.4 VOGT Power Product Portfolio
  48. 4.8.5 VOGT Power Recent Developments
  49. 4.9 STF
  50. 4.9.1 STF Heat Recovery Steam Generator (HRSG) Company Information
  51. 4.9.2 STF Heat Recovery Steam Generator (HRSG) Business Overview
  52. 4.9.3 STF Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  53. 4.9.4 STF Product Portfolio
  54. 4.9.5 STF Recent Developments
  55. 4.10 Babcock & Wilcox
  56. 4.10.1 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Company Information
  57. 4.10.2 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Business Overview
  58. 4.10.3 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  59. 4.10.4 Babcock & Wilcox Product Portfolio
  60. 4.10.5 Babcock & Wilcox Recent Developments
  61. 4.11 Mitsubishi
  62. 4.11.1 Mitsubishi Heat Recovery Steam Generator (HRSG) Company Information
  63. 4.11.2 Mitsubishi Heat Recovery Steam Generator (HRSG) Business Overview
  64. 4.11.3 Mitsubishi Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  65. 4.11.4 Mitsubishi Product Portfolio
  66. 4.11.5 Mitsubishi Recent Developments
  67. 4.12 Hangzhou Boiler
  68. 4.12.1 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Company Information
  69. 4.12.2 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Business Overview
  70. 4.12.3 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  71. 4.12.4 Hangzhou Boiler Product Portfolio
  72. 4.12.5 Hangzhou Boiler Recent Developments
  73. 4.13 Bharat Heavy Electricals
  74. 4.13.1 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Company Information
  75. 4.13.2 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Business Overview
  76. 4.13.3 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  77. 4.13.4 Bharat Heavy Electricals Product Portfolio
  78. 4.13.5 Bharat Heavy Electricals Recent Developments
  79. 4.14 Wuxi Huaguang
  80. 4.14.1 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Company Information
  81. 4.14.2 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Business Overview
  82. 4.14.3 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Production, Value and Gross Margin (2021-2026)
  83. 4.14.4 Wuxi Huaguang Product Portfolio
  84. 4.14.5 Wuxi Huaguang Recent Developments
5 Global Heat Recovery Steam Generator (HRSG) Production by Region
  1. 5.1 Global Heat Recovery Steam Generator (HRSG) Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
  2. 5.2 Global Heat Recovery Steam Generator (HRSG) Production by Region: 2021-2032
  3. 5.2.1 Global Heat Recovery Steam Generator (HRSG) Production by Region: 2021-2026
  4. 5.2.2 Global Heat Recovery Steam Generator (HRSG) Production Forecast by Region (2027-2032)
  5. 5.3 Global Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
  6. 5.4 Global Heat Recovery Steam Generator (HRSG) Production Value by Region: 2021-2032
  7. 5.4.1 Global Heat Recovery Steam Generator (HRSG) Production Value by Region: 2021-2026
  8. 5.4.2 Global Heat Recovery Steam Generator (HRSG) Production Value Forecast by Region (2027-2032)
  9. 5.5 Global Heat Recovery Steam Generator (HRSG) Market Price Analysis by Region (2021-2026)
  10. 5.6 Global Heat Recovery Steam Generator (HRSG) Production and Value, YOY Growth
  11. 5.6.1 North America Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2021-2032)
  12. 5.6.2 Europe Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2021-2032)
  13. 5.6.3 China Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2021-2032)
  14. 5.6.4 Japan Heat Recovery Steam Generator (HRSG) Production Value Estimates and Forecasts (2021-2032)
6 Global Heat Recovery Steam Generator (HRSG) Consumption by Region
  1. 6.1 Global Heat Recovery Steam Generator (HRSG) Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
  2. 6.2 Global Heat Recovery Steam Generator (HRSG) Consumption by Region (2021-2032)
  3. 6.2.1 Global Heat Recovery Steam Generator (HRSG) Consumption by Region: 2021-2026
  4. 6.2.2 Global Heat Recovery Steam Generator (HRSG) Forecasted Consumption by Region (2027-2032)
  5. 6.3 North America
  6. 6.3.1 North America Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  7. 6.3.2 North America Heat Recovery Steam Generator (HRSG) Consumption by Country (2021-2032)
  8. 6.3.3 United States
  9. 6.3.4 Canada
  10. 6.3.5 Mexico
  11. 6.4 Europe
  12. 6.4.1 Europe Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  13. 6.4.2 Europe Heat Recovery Steam Generator (HRSG) Consumption by Country (2021-2032)
  14. 6.4.3 Germany
  15. 6.4.4 France
  16. 6.4.5 U.K.
  17. 6.4.6 Italy
  18. 6.4.7 Russia
  19. 6.4.8 Spain
  20. 6.4.9 Netherlands
  21. 6.4.10 Switzerland
  22. 6.4.11 Sweden
  23. 6.4.12 Poland
  24. 6.5 Asia Pacific
  25. 6.5.1 Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  26. 6.5.2 Asia Pacific Heat Recovery Steam Generator (HRSG) Consumption by Country (2021-2032)
  27. 6.5.3 China
  28. 6.5.4 Japan
  29. 6.5.5 South Korea
  30. 6.5.6 India
  31. 6.5.7 Australia
  32. 6.5.8 Taiwan
  33. 6.5.9 Southeast Asia
  34. 6.6 South America, Middle East & Africa
  35. 6.6.1 South America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  36. 6.6.2 South America, Middle East & Africa Heat Recovery Steam Generator (HRSG) Consumption by Country (2021-2032)
  37. 6.6.3 Brazil
  38. 6.6.4 Argentina
  39. 6.6.5 Chile
  40. 6.6.6 Turkey
  41. 6.6.7 GCC Countries
7 Segment by Type
  1. 7.1 Global Heat Recovery Steam Generator (HRSG) Production by Type (2021-2032)
  2. 7.1.1 Global Heat Recovery Steam Generator (HRSG) Production by Type (2021-2032) & (MW)
  3. 7.1.2 Global Heat Recovery Steam Generator (HRSG) Production Market Share by Type (2021-2032)
  4. 7.2 Global Heat Recovery Steam Generator (HRSG) Production Value by Type (2021-2032)
  5. 7.2.1 Global Heat Recovery Steam Generator (HRSG) Production Value by Type (2021-2032) & (US$ Million)
  6. 7.2.2 Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Type (2021-2032)
  7. 7.3 Global Heat Recovery Steam Generator (HRSG) Price by Type (2021-2032)
8 Segment by Application
  1. 8.1 Global Heat Recovery Steam Generator (HRSG) Production by Application (2021-2032)
  2. 8.1.1 Global Heat Recovery Steam Generator (HRSG) Production by Application (2021-2032) & (MW)
  3. 8.1.2 Global Heat Recovery Steam Generator (HRSG) Production Market Share by Application (2021-2032)
  4. 8.2 Global Heat Recovery Steam Generator (HRSG) Production Value by Application (2021-2032)
  5. 8.2.1 Global Heat Recovery Steam Generator (HRSG) Production Value by Application (2021-2032) & (US$ Million)
  6. 8.2.2 Global Heat Recovery Steam Generator (HRSG) Production Value Market Share by Application (2021-2032)
  7. 8.3 Global Heat Recovery Steam Generator (HRSG) Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
  1. 9.1 Heat Recovery Steam Generator (HRSG) Value Chain Analysis
  2. 9.1.1 Heat Recovery Steam Generator (HRSG) Key Raw Materials
  3. 9.1.2 Raw Materials Key Suppliers
  4. 9.1.3 Heat Recovery Steam Generator (HRSG) Production Mode & Process
  5. 9.2 Heat Recovery Steam Generator (HRSG) Sales Channels Analysis
  6. 9.2.1 Direct Comparison with Distribution Share
  7. 9.2.2 Heat Recovery Steam Generator (HRSG) Distributors
  8. 9.2.3 Heat Recovery Steam Generator (HRSG) Customers
10 Global Heat Recovery Steam Generator (HRSG) Analyzing Market Dynamics
  1. 10.1 Heat Recovery Steam Generator (HRSG) Industry Trends
  2. 10.2 Heat Recovery Steam Generator (HRSG) Industry Drivers
  3. 10.3 Heat Recovery Steam Generator (HRSG) Industry Opportunities and Challenges
  4. 10.4 Heat Recovery Steam Generator (HRSG) Industry Restraints
11 Report Conclusion
    12 Disclaimer

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