Global Heat Recovery Steam Generator (HRSG) Market Growth 2025-2031

January 2025 | 120 pages | ID: G422C39DF2AEN
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The global Heat Recovery Steam Generator (HRSG) market size is predicted to grow from US$ 2035 million in 2025 to US$ 2330 million in 2031; it is expected to grow at a CAGR of 2.3% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Heat Recovery Steam Generator (HRSG) Industry Forecast” looks at past sales and reviews total world Heat Recovery Steam Generator (HRSG) sales in 2024, providing a comprehensive analysis by region and market sector of projected Heat Recovery Steam Generator (HRSG) sales for 2025 through 2031. With Heat Recovery Steam Generator (HRSG) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat Recovery Steam Generator (HRSG) industry.

This Insight Report provides a comprehensive analysis of the global Heat Recovery Steam Generator (HRSG) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heat Recovery Steam Generator (HRSG) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heat Recovery Steam Generator (HRSG) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat Recovery Steam Generator (HRSG) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heat Recovery Steam Generator (HRSG).

This report presents a comprehensive overview, market shares, and growth opportunities of Heat Recovery Steam Generator (HRSG) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
  • Below 50MW
  • 50MW-100MW
  • 100MW-300MW
  • Over 300MW
Segmentation by Application:
  • Power Station
  • Industrial Production
This report also splits the market by region:
  • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
  • APAC
    • China
    • Japan
    • Korea
    • Southeast Asia
    • India
    • Australia
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Turkey
    • GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
  • 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
Key Questions Addressed in this Report

What is the 10-year outlook for the global Heat Recovery Steam Generator (HRSG) market?

What factors are driving Heat Recovery Steam Generator (HRSG) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Heat Recovery Steam Generator (HRSG) market opportunities vary by end market size?

How does Heat Recovery Steam Generator (HRSG) break out by Type, by Application?
1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Heat Recovery Steam Generator (HRSG) Annual Sales 2020-2031
  2.1.2 World Current & Future Analysis for Heat Recovery Steam Generator (HRSG) by Geographic Region, 2020, 2024 & 2031
  2.1.3 World Current & Future Analysis for Heat Recovery Steam Generator (HRSG) by Country/Region, 2020, 2024 & 2031
2.2 Heat Recovery Steam Generator (HRSG) Segment by Type
  2.2.1 Below 50MW
  2.2.2 50MW-100MW
  2.2.3 100MW-300MW
  2.2.4 Over 300MW
2.3 Heat Recovery Steam Generator (HRSG) Sales by Type
  2.3.1 Global Heat Recovery Steam Generator (HRSG) Sales Market Share by Type (2020-2025)
  2.3.2 Global Heat Recovery Steam Generator (HRSG) Revenue and Market Share by Type (2020-2025)
  2.3.3 Global Heat Recovery Steam Generator (HRSG) Sale Price by Type (2020-2025)
2.4 Heat Recovery Steam Generator (HRSG) Segment by Application
  2.4.1 Power Station
  2.4.2 Industrial Production
2.5 Heat Recovery Steam Generator (HRSG) Sales by Application
  2.5.1 Global Heat Recovery Steam Generator (HRSG) Sale Market Share by Application (2020-2025)
  2.5.2 Global Heat Recovery Steam Generator (HRSG) Revenue and Market Share by Application (2020-2025)
  2.5.3 Global Heat Recovery Steam Generator (HRSG) Sale Price by Application (2020-2025)

3 GLOBAL BY COMPANY

3.1 Global Heat Recovery Steam Generator (HRSG) Breakdown Data by Company
  3.1.1 Global Heat Recovery Steam Generator (HRSG) Annual Sales by Company (2020-2025)
  3.1.2 Global Heat Recovery Steam Generator (HRSG) Sales Market Share by Company (2020-2025)
3.2 Global Heat Recovery Steam Generator (HRSG) Annual Revenue by Company (2020-2025)
  3.2.1 Global Heat Recovery Steam Generator (HRSG) Revenue by Company (2020-2025)
  3.2.2 Global Heat Recovery Steam Generator (HRSG) Revenue Market Share by Company (2020-2025)
3.3 Global Heat Recovery Steam Generator (HRSG) Sale Price by Company
3.4 Key Manufacturers Heat Recovery Steam Generator (HRSG) Producing Area Distribution, Sales Area, Product Type
  3.4.1 Key Manufacturers Heat Recovery Steam Generator (HRSG) Product Location Distribution
  3.4.2 Players Heat Recovery Steam Generator (HRSG) Products Offered
3.5 Market Concentration Rate Analysis
  3.5.1 Competition Landscape Analysis
  3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy

4 WORLD HISTORIC REVIEW FOR HEAT RECOVERY STEAM GENERATOR (HRSG) BY GEOGRAPHIC REGION

4.1 World Historic Heat Recovery Steam Generator (HRSG) Market Size by Geographic Region (2020-2025)
  4.1.1 Global Heat Recovery Steam Generator (HRSG) Annual Sales by Geographic Region (2020-2025)
  4.1.2 Global Heat Recovery Steam Generator (HRSG) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Heat Recovery Steam Generator (HRSG) Market Size by Country/Region (2020-2025)
  4.2.1 Global Heat Recovery Steam Generator (HRSG) Annual Sales by Country/Region (2020-2025)
  4.2.2 Global Heat Recovery Steam Generator (HRSG) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Heat Recovery Steam Generator (HRSG) Sales Growth
4.4 APAC Heat Recovery Steam Generator (HRSG) Sales Growth
4.5 Europe Heat Recovery Steam Generator (HRSG) Sales Growth
4.6 Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales Growth

5 AMERICAS

5.1 Americas Heat Recovery Steam Generator (HRSG) Sales by Country
  5.1.1 Americas Heat Recovery Steam Generator (HRSG) Sales by Country (2020-2025)
  5.1.2 Americas Heat Recovery Steam Generator (HRSG) Revenue by Country (2020-2025)
5.2 Americas Heat Recovery Steam Generator (HRSG) Sales by Type (2020-2025)
5.3 Americas Heat Recovery Steam Generator (HRSG) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Heat Recovery Steam Generator (HRSG) Sales by Region
  6.1.1 APAC Heat Recovery Steam Generator (HRSG) Sales by Region (2020-2025)
  6.1.2 APAC Heat Recovery Steam Generator (HRSG) Revenue by Region (2020-2025)
6.2 APAC Heat Recovery Steam Generator (HRSG) Sales by Type (2020-2025)
6.3 APAC Heat Recovery Steam Generator (HRSG) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan

7 EUROPE

7.1 Europe Heat Recovery Steam Generator (HRSG) by Country
  7.1.1 Europe Heat Recovery Steam Generator (HRSG) Sales by Country (2020-2025)
  7.1.2 Europe Heat Recovery Steam Generator (HRSG) Revenue by Country (2020-2025)
7.2 Europe Heat Recovery Steam Generator (HRSG) Sales by Type (2020-2025)
7.3 Europe Heat Recovery Steam Generator (HRSG) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Heat Recovery Steam Generator (HRSG) by Country
  8.1.1 Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales by Country (2020-2025)
  8.1.2 Middle East & Africa Heat Recovery Steam Generator (HRSG) Revenue by Country (2020-2025)
8.2 Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales by Type (2020-2025)
8.3 Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 MANUFACTURING COST STRUCTURE ANALYSIS

10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Heat Recovery Steam Generator (HRSG)
10.3 Manufacturing Process Analysis of Heat Recovery Steam Generator (HRSG)
10.4 Industry Chain Structure of Heat Recovery Steam Generator (HRSG)

11 MARKETING, DISTRIBUTORS AND CUSTOMER

11.1 Sales Channel
  11.1.1 Direct Channels
  11.1.2 Indirect Channels
11.2 Heat Recovery Steam Generator (HRSG) Distributors
11.3 Heat Recovery Steam Generator (HRSG) Customer

12 WORLD FORECAST REVIEW FOR HEAT RECOVERY STEAM GENERATOR (HRSG) BY GEOGRAPHIC REGION

12.1 Global Heat Recovery Steam Generator (HRSG) Market Size Forecast by Region
  12.1.1 Global Heat Recovery Steam Generator (HRSG) Forecast by Region (2026-2031)
  12.1.2 Global Heat Recovery Steam Generator (HRSG) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Heat Recovery Steam Generator (HRSG) Forecast by Type (2026-2031)
12.7 Global Heat Recovery Steam Generator (HRSG) Forecast by Application (2026-2031)

13 KEY PLAYERS ANALYSIS

13.1 BHI
  13.1.1 BHI Company Information
  13.1.2 BHI Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.1.3 BHI Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.1.4 BHI Main Business Overview
  13.1.5 BHI Latest Developments
13.2 Foster Wheeler
  13.2.1 Foster Wheeler Company Information
  13.2.2 Foster Wheeler Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.2.3 Foster Wheeler Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.2.4 Foster Wheeler Main Business Overview
  13.2.5 Foster Wheeler Latest Developments
13.3 Nooter Eriksen
  13.3.1 Nooter Eriksen Company Information
  13.3.2 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.3.3 Nooter Eriksen Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.3.4 Nooter Eriksen Main Business Overview
  13.3.5 Nooter Eriksen Latest Developments
13.4 CMI Energy
  13.4.1 CMI Energy Company Information
  13.4.2 CMI Energy Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.4.3 CMI Energy Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.4.4 CMI Energy Main Business Overview
  13.4.5 CMI Energy Latest Developments
13.5 Alstom Power
  13.5.1 Alstom Power Company Information
  13.5.2 Alstom Power Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.5.3 Alstom Power Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.5.4 Alstom Power Main Business Overview
  13.5.5 Alstom Power Latest Developments
13.6 Doosan E&C
  13.6.1 Doosan E&C Company Information
  13.6.2 Doosan E&C Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.6.3 Doosan E&C Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.6.4 Doosan E&C Main Business Overview
  13.6.5 Doosan E&C Latest Developments
13.7 Siemens (NEM Energy)
  13.7.1 Siemens (NEM Energy) Company Information
  13.7.2 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.7.3 Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.7.4 Siemens (NEM Energy) Main Business Overview
  13.7.5 Siemens (NEM Energy) Latest Developments
13.8 VOGT Power
  13.8.1 VOGT Power Company Information
  13.8.2 VOGT Power Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.8.3 VOGT Power Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.8.4 VOGT Power Main Business Overview
  13.8.5 VOGT Power Latest Developments
13.9 STF
  13.9.1 STF Company Information
  13.9.2 STF Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.9.3 STF Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.9.4 STF Main Business Overview
  13.9.5 STF Latest Developments
13.10 Babcock & Wilcox
  13.10.1 Babcock & Wilcox Company Information
  13.10.2 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.10.3 Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.10.4 Babcock & Wilcox Main Business Overview
  13.10.5 Babcock & Wilcox Latest Developments
13.11 Mitsubishi
  13.11.1 Mitsubishi Company Information
  13.11.2 Mitsubishi Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.11.3 Mitsubishi Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.11.4 Mitsubishi Main Business Overview
  13.11.5 Mitsubishi Latest Developments
13.12 Hangzhou Boiler
  13.12.1 Hangzhou Boiler Company Information
  13.12.2 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.12.3 Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.12.4 Hangzhou Boiler Main Business Overview
  13.12.5 Hangzhou Boiler Latest Developments
13.13 Bharat Heavy Electricals
  13.13.1 Bharat Heavy Electricals Company Information
  13.13.2 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.13.3 Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.13.4 Bharat Heavy Electricals Main Business Overview
  13.13.5 Bharat Heavy Electricals Latest Developments
13.14 Wuxi Huaguang
  13.14.1 Wuxi Huaguang Company Information
  13.14.2 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
  13.14.3 Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.14.4 Wuxi Huaguang Main Business Overview
  13.14.5 Wuxi Huaguang Latest Developments

14 RESEARCH FINDINGS AND CONCLUSION


LIST OFTABLES

Table 1. Heat Recovery Steam Generator (HRSG) Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions)
Table 2. Heat Recovery Steam Generator (HRSG) Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions)
Table 3. Major Players of Below 50MW
Table 4. Major Players of 50MW-100MW
Table 5. Major Players of 100MW-300MW
Table 6. Major Players of Over 300MW
Table 7. Global Heat Recovery Steam Generator (HRSG) Sales byType (2020-2025) & (MW)
Table 8. Global Heat Recovery Steam Generator (HRSG) Sales Market Share byType (2020-2025)
Table 9. Global Heat Recovery Steam Generator (HRSG) Revenue byType (2020-2025) & ($ million)
Table 10. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share byType (2020-2025)
Table 11. Global Heat Recovery Steam Generator (HRSG) Sale Price byType (2020-2025) & (USD/MW)
Table 12. Global Heat Recovery Steam Generator (HRSG) Sale by Application (2020-2025) & (MW)
Table 13. Global Heat Recovery Steam Generator (HRSG) Sale Market Share by Application (2020-2025)
Table 14. Global Heat Recovery Steam Generator (HRSG) Revenue by Application (2020-2025) & ($ million)
Table 15. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share by Application (2020-2025)
Table 16. Global Heat Recovery Steam Generator (HRSG) Sale Price by Application (2020-2025) & (USD/MW)
Table 17. Global Heat Recovery Steam Generator (HRSG) Sales by Company (2020-2025) & (MW)
Table 18. Global Heat Recovery Steam Generator (HRSG) Sales Market Share by Company (2020-2025)
Table 19. Global Heat Recovery Steam Generator (HRSG) Revenue by Company (2020-2025) & ($ millions)
Table 20. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share by Company (2020-2025)
Table 21. Global Heat Recovery Steam Generator (HRSG) Sale Price by Company (2020-2025) & (USD/MW)
Table 22. Key Manufacturers Heat Recovery Steam Generator (HRSG) Producing Area Distribution and Sales Area
Table 23. Players Heat Recovery Steam Generator (HRSG) Products Offered
Table 24. Heat Recovery Steam Generator (HRSG) Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
Table 25. New Products and Potential Entrants
Table 26. Market M&A Activity & Strategy
Table 27. Global Heat Recovery Steam Generator (HRSG) Sales by Geographic Region (2020-2025) & (MW)
Table 28. Global Heat Recovery Steam Generator (HRSG) Sales Market Share Geographic Region (2020-2025)
Table 29. Global Heat Recovery Steam Generator (HRSG) Revenue by Geographic Region (2020-2025) & ($ millions)
Table 30. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share by Geographic Region (2020-2025)
Table 31. Global Heat Recovery Steam Generator (HRSG) Sales by Country/Region (2020-2025) & (MW)
Table 32. Global Heat Recovery Steam Generator (HRSG) Sales Market Share by Country/Region (2020-2025)
Table 33. Global Heat Recovery Steam Generator (HRSG) Revenue by Country/Region (2020-2025) & ($ millions)
Table 34. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share by Country/Region (2020-2025)
Table 35. Americas Heat Recovery Steam Generator (HRSG) Sales by Country (2020-2025) & (MW)
Table 36. Americas Heat Recovery Steam Generator (HRSG) Sales Market Share by Country (2020-2025)
Table 37. Americas Heat Recovery Steam Generator (HRSG) Revenue by Country (2020-2025) & ($ millions)
Table 38. Americas Heat Recovery Steam Generator (HRSG) Sales byType (2020-2025) & (MW)
Table 39. Americas Heat Recovery Steam Generator (HRSG) Sales by Application (2020-2025) & (MW)
Table 40. APAC Heat Recovery Steam Generator (HRSG) Sales by Region (2020-2025) & (MW)
Table 41. APAC Heat Recovery Steam Generator (HRSG) Sales Market Share by Region (2020-2025)
Table 42. APAC Heat Recovery Steam Generator (HRSG) Revenue by Region (2020-2025) & ($ millions)
Table 43. APAC Heat Recovery Steam Generator (HRSG) Sales byType (2020-2025) & (MW)
Table 44. APAC Heat Recovery Steam Generator (HRSG) Sales by Application (2020-2025) & (MW)
Table 45. Europe Heat Recovery Steam Generator (HRSG) Sales by Country (2020-2025) & (MW)
Table 46. Europe Heat Recovery Steam Generator (HRSG) Revenue by Country (2020-2025) & ($ millions)
Table 47. Europe Heat Recovery Steam Generator (HRSG) Sales byType (2020-2025) & (MW)
Table 48. Europe Heat Recovery Steam Generator (HRSG) Sales by Application (2020-2025) & (MW)
Table 49. Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales by Country (2020-2025) & (MW)
Table 50. Middle East & Africa Heat Recovery Steam Generator (HRSG) Revenue Market Share by Country (2020-2025)
Table 51. Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales byType (2020-2025) & (MW)
Table 52. Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales by Application (2020-2025) & (MW)
Table 53. Key Market Drivers & Growth Opportunities of Heat Recovery Steam Generator (HRSG)
Table 54. Key Market Challenges & Risks of Heat Recovery Steam Generator (HRSG)
Table 55. Key IndustryTrends of Heat Recovery Steam Generator (HRSG)
Table 56. Heat Recovery Steam Generator (HRSG) Raw Material
Table 57. Key Suppliers of Raw Materials
Table 58. Heat Recovery Steam Generator (HRSG) Distributors List
Table 59. Heat Recovery Steam Generator (HRSG) Customer List
Table 60. Global Heat Recovery Steam Generator (HRSG) SalesForecast by Region (2026-2031) & (MW)
Table 61. Global Heat Recovery Steam Generator (HRSG) RevenueForecast by Region (2026-2031) & ($ millions)
Table 62. Americas Heat Recovery Steam Generator (HRSG) SalesForecast by Country (2026-2031) & (MW)
Table 63. Americas Heat Recovery Steam Generator (HRSG) Annual RevenueForecast by Country (2026-2031) & ($ millions)
Table 64. APAC Heat Recovery Steam Generator (HRSG) SalesForecast by Region (2026-2031) & (MW)
Table 65. APAC Heat Recovery Steam Generator (HRSG) Annual RevenueForecast by Region (2026-2031) & ($ millions)
Table 66. Europe Heat Recovery Steam Generator (HRSG) SalesForecast by Country (2026-2031) & (MW)
Table 67. Europe Heat Recovery Steam Generator (HRSG) RevenueForecast by Country (2026-2031) & ($ millions)
Table 68. Middle East & Africa Heat Recovery Steam Generator (HRSG) SalesForecast by Country (2026-2031) & (MW)
Table 69. Middle East & Africa Heat Recovery Steam Generator (HRSG) RevenueForecast by Country (2026-2031) & ($ millions)
Table 70. Global Heat Recovery Steam Generator (HRSG) SalesForecast byType (2026-2031) & (MW)
Table 71. Global Heat Recovery Steam Generator (HRSG) RevenueForecast byType (2026-2031) & ($ millions)
Table 72. Global Heat Recovery Steam Generator (HRSG) SalesForecast by Application (2026-2031) & (MW)
Table 73. Global Heat Recovery Steam Generator (HRSG) RevenueForecast by Application (2026-2031) & ($ millions)
Table 74. BHI Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 75. BHI Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 76. BHI Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 77. BHI Main Business
Table 78. BHI Latest Developments
Table 79.Foster Wheeler Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 80.Foster Wheeler Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 81.Foster Wheeler Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 82.Foster Wheeler Main Business
Table 83.Foster Wheeler Latest Developments
Table 84. Nooter Eriksen Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 85. Nooter Eriksen Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 86. Nooter Eriksen Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 87. Nooter Eriksen Main Business
Table 88. Nooter Eriksen Latest Developments
Table 89. CMI Energy Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 90. CMI Energy Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 91. CMI Energy Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 92. CMI Energy Main Business
Table 93. CMI Energy Latest Developments
Table 94. Alstom Power Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 95. Alstom Power Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 96. Alstom Power Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 97. Alstom Power Main Business
Table 98. Alstom Power Latest Developments
Table 99. Doosan E&C Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 100. Doosan E&C Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 101. Doosan E&C Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 102. Doosan E&C Main Business
Table 103. Doosan E&C Latest Developments
Table 104. Siemens (NEM Energy) Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 105. Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 106. Siemens (NEM Energy) Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 107. Siemens (NEM Energy) Main Business
Table 108. Siemens (NEM Energy) Latest Developments
Table 109. VOGT Power Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 110. VOGT Power Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 111. VOGT Power Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 112. VOGT Power Main Business
Table 113. VOGT Power Latest Developments
Table 114. STF Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 115. STF Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 116. STF Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 117. STF Main Business
Table 118. STF Latest Developments
Table 119. Babcock & Wilcox Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 120. Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 121. Babcock & Wilcox Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 122. Babcock & Wilcox Main Business
Table 123. Babcock & Wilcox Latest Developments
Table 124. Mitsubishi Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 125. Mitsubishi Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 126. Mitsubishi Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 127. Mitsubishi Main Business
Table 128. Mitsubishi Latest Developments
Table 129. Hangzhou Boiler Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 130. Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 131. Hangzhou Boiler Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 132. Hangzhou Boiler Main Business
Table 133. Hangzhou Boiler Latest Developments
Table 134. Bharat Heavy Electricals Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 135. Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 136. Bharat Heavy Electricals Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 137. Bharat Heavy Electricals Main Business
Table 138. Bharat Heavy Electricals Latest Developments
Table 139. Wuxi Huaguang Basic Information, Heat Recovery Steam Generator (HRSG) Manufacturing Base, Sales Area and Its Competitors
Table 140. Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Product Portfolios and Specifications
Table 141. Wuxi Huaguang Heat Recovery Steam Generator (HRSG) Sales (MW), Revenue ($ Million), Price (USD/MW) and Gross Margin (2020-2025)
Table 142. Wuxi Huaguang Main Business
Table 143. Wuxi Huaguang Latest Developments



LIST OFFIGURES

Figure 1. Picture of Heat Recovery Steam Generator (HRSG)
Figure 2. Heat Recovery Steam Generator (HRSG) Report Years Considered
Figure 3. Research Objectives
Figure 4. Research Methodology
Figure 5. Research Process and Data Source
Figure 6. Global Heat Recovery Steam Generator (HRSG) Sales Growth Rate 2020-2031 (MW)
Figure 7. Global Heat Recovery Steam Generator (HRSG) Revenue Growth Rate 2020-2031 ($ millions)
Figure 8. Heat Recovery Steam Generator (HRSG) Sales by Geographic Region (2020, 2024 & 2031) & ($ millions)
Figure 9. Heat Recovery Steam Generator (HRSG) Sales Market Share by Country/Region (2024)
Figure 10. Heat Recovery Steam Generator (HRSG) Sales Market Share by Country/Region (2020, 2024 & 2031)
Figure 11. Product Picture of Below 50MW
Figure 12. Product Picture of 50MW-100MW
Figure 13. Product Picture of 100MW-300MW
Figure 14. Product Picture of Over 300MW
Figure 15. Global Heat Recovery Steam Generator (HRSG) Sales Market Share byType in 2025
Figure 16. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share byType (2020-2025)
Figure 17. Heat Recovery Steam Generator (HRSG) Consumed in Power Station
Figure 18. Global Heat Recovery Steam Generator (HRSG) Market: Power Station (2020-2025) & (MW)
Figure 19. Heat Recovery Steam Generator (HRSG) Consumed in Industrial Production
Figure 20. Global Heat Recovery Steam Generator (HRSG) Market: Industrial Production (2020-2025) & (MW)
Figure 21. Global Heat Recovery Steam Generator (HRSG) Sale Market Share by Application (2024)
Figure 22. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share by Application in 2025
Figure 23. Heat Recovery Steam Generator (HRSG) Sales by Company in 2025 (MW)
Figure 24. Global Heat Recovery Steam Generator (HRSG) Sales Market Share by Company in 2025
Figure 25. Heat Recovery Steam Generator (HRSG) Revenue by Company in 2025 ($ millions)
Figure 26. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share by Company in 2025
Figure 27. Global Heat Recovery Steam Generator (HRSG) Sales Market Share by Geographic Region (2020-2025)
Figure 28. Global Heat Recovery Steam Generator (HRSG) Revenue Market Share by Geographic Region in 2025
Figure 29. Americas Heat Recovery Steam Generator (HRSG) Sales 2020-2025 (MW)
Figure 30. Americas Heat Recovery Steam Generator (HRSG) Revenue 2020-2025 ($ millions)
Figure 31. APAC Heat Recovery Steam Generator (HRSG) Sales 2020-2025 (MW)
Figure 32. APAC Heat Recovery Steam Generator (HRSG) Revenue 2020-2025 ($ millions)
Figure 33. Europe Heat Recovery Steam Generator (HRSG) Sales 2020-2025 (MW)
Figure 34. Europe Heat Recovery Steam Generator (HRSG) Revenue 2020-2025 ($ millions)
Figure 35. Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales 2020-2025 (MW)
Figure 36. Middle East & Africa Heat Recovery Steam Generator (HRSG) Revenue 2020-2025 ($ millions)
Figure 37. Americas Heat Recovery Steam Generator (HRSG) Sales Market Share by Country in 2025
Figure 38. Americas Heat Recovery Steam Generator (HRSG) Revenue Market Share by Country (2020-2025)
Figure 39. Americas Heat Recovery Steam Generator (HRSG) Sales Market Share byType (2020-2025)
Figure 40. Americas Heat Recovery Steam Generator (HRSG) Sales Market Share by Application (2020-2025)
Figure 41. United States Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 42. Canada Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 43. Mexico Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 44. Brazil Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 45. APAC Heat Recovery Steam Generator (HRSG) Sales Market Share by Region in 2025
Figure 46. APAC Heat Recovery Steam Generator (HRSG) Revenue Market Share by Region (2020-2025)
Figure 47. APAC Heat Recovery Steam Generator (HRSG) Sales Market Share byType (2020-2025)
Figure 48. APAC Heat Recovery Steam Generator (HRSG) Sales Market Share by Application (2020-2025)
Figure 49. China Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 50. Japan Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 51. South Korea Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 52. Southeast Asia Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 53. India Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 54. Australia Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 55. ChinaTaiwan Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 56. Europe Heat Recovery Steam Generator (HRSG) Sales Market Share by Country in 2025
Figure 57. Europe Heat Recovery Steam Generator (HRSG) Revenue Market Share by Country (2020-2025)
Figure 58. Europe Heat Recovery Steam Generator (HRSG) Sales Market Share byType (2020-2025)
Figure 59. Europe Heat Recovery Steam Generator (HRSG) Sales Market Share by Application (2020-2025)
Figure 60. Germany Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 61.France Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 62. UK Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 63. Italy Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 64. Russia Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 65. Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales Market Share by Country (2020-2025)
Figure 66. Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales Market Share byType (2020-2025)
Figure 67. Middle East & Africa Heat Recovery Steam Generator (HRSG) Sales Market Share by Application (2020-2025)
Figure 68. Egypt Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 69. South Africa Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 70. Israel Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 71.Turkey Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 72. GCC Countries Heat Recovery Steam Generator (HRSG) Revenue Growth 2020-2025 ($ millions)
Figure 73. Manufacturing Cost Structure Analysis of Heat Recovery Steam Generator (HRSG) in 2025
Figure 74. Manufacturing Process Analysis of Heat Recovery Steam Generator (HRSG)
Figure 75. Industry Chain Structure of Heat Recovery Steam Generator (HRSG)
Figure 76. Channels of Distribution
Figure 77. Global Heat Recovery Steam Generator (HRSG) Sales MarketForecast by Region (2026-2031)
Figure 78. Global Heat Recovery Steam Generator (HRSG) Revenue Market ShareForecast by Region (2026-2031)
Figure 79. Global Heat Recovery Steam Generator (HRSG) Sales Market ShareForecast byType (2026-2031)
Figure 80. Global Heat Recovery Steam Generator (HRSG) Revenue Market ShareForecast byType (2026-2031)
Figure 81. Global Heat Recovery Steam Generator (HRSG) Sales Market ShareForecast by Application (2026-2031)
Figure 82. Global Heat Recovery Steam Generator (HRSG) Revenue Market ShareForecast by Application (2026-2031)