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The heat recovery steam generator (HRSG) market size has the potential to grow by USD 189.65 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (horizontal HRSG and vertical HRSG) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Babcock & Wilcox Enterprises Inc., Clayton Industries, Doosan Heavy Industries & Construction Co. Ltd., General Electric Co., John Wood Group Plc, Kawasaki Heavy Industries Ltd., Kelvion Holding GmbH, Mitsubishi Heavy Industries Ltd., Siemens AG, and Thermax Ltd.
Browse TOC and LoE with selected illustrations and example pages of Heat Recovery Steam Generator (HRSG) Market
The HRSG market is fragmented with the presence of several vendors. The vendors in the market differentiate their product offerings based on the designs and features of the products. They are also investing in developing products that are more energy-efficient than the previous models. Babcock & Wilcox Enterprises Inc., Clayton Industries, and Doosan Heavy Industries & Construction Co. Ltd. are some of the major market participants. Although the increase in energy efficiency will offer immense growth opportunities, the volatility in prices of natural gas will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this heat recovery steam generator market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this heat recovery steam generator market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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