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).
The market scale will keeps increasing in the next few years. Although sales of HRSG brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the HRSG field.

This report provides a complete quantitative data and qualitative analysis on the global market for Heat Recovery Steam Generator. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Heat Recovery Steam Generator was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Heat Recovery Steam Generator is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Heat Recovery Steam Generator, including the following market information:
Global Heat Recovery Steam Generator Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Heat Recovery Steam Generator Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Heat Recovery Steam Generator Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Heat Recovery Steam Generator Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)

Key market players
Major competitors identified in this market include Nooter Eriksen, BHI, Alstom Power, CMI Energy, Doosan E&C, NEM Energy, VOGT Power, STF, Babcock & Wilcox, Mitsubishi, Foster Wheeler (Wood), Hangzhou Boiler, BHEL, Wuxi Huaguang, etc.

Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)

Based on the Type:
Below 50MW
50MWBelow OutputBelow 100MW
100MWBelow OutputBelow 300MW
Above 300MW

Based on the Application:
Power Station
Industrial Production