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The report "Heat Recovery Steam Generator Market by Rated Power (Up To 30 MW & >30 MW), by Application (Combined Cycle & CHP), by End-User (Utilities, Chemicals, Refineries, Pulp & Paper, Commercial & Others), and by Region - Global Trends & Forecast to 2020", The heat recovery steam generator market is expected to grow from an estimated USD 740.7 Million in 2015 to USD 888.2 Million by 2020, at a CAGR of 3.7% from 2015 to 2020. Factors such as increasing efforts to reduce global greenhouse gas emissions, growing adoption of CCPP & CHP, increasing global electricity demand & subsequent investments in power plants, and economic benefits of implementing heat recovery steam generators are driving the market worldwide.<br>
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Heat Recovery Steam Generator Market Analysis by Product Description, Types and Application, Growth Factors 2018-2020 www.MarketsandMarkets.com
The report "Heat Recovery Steam Generator Market by Rated Power (Up To 30 MW & >30 MW), by Application (Combined Cycle & CHP), by End-User (Utilities, Chemicals, Refineries, Pulp & Paper, Commercial & Others), and by Region - Global Trends & Forecast to 2020", The heat recovery steam generator market is expected to grow from an estimated USD 740.7 Million in 2015 to USD 888.2 Million by 2020, at a CAGR of 3.7% from 2015 to 2020. Factors such as increasing efforts to reduce global greenhouse gas emissions, growing adoption of CCPP & CHP, increasing global electricity demand & subsequent investments in power plants, and economic benefits of implementing heat recovery steam generators are driving the market worldwide. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=177042936
Combined Heat and Power (CHP) plants to be the dominant application segment in the global heat recovery steam generator market Heat recovery steam generators find application mainly in CHP and CCPP. The CHP market accounted for more than 50% of the total market share in 2014. Cogeneration or CHP is highly efficient and can achieve primary energy savings by nearly 40%. Moreover, they are installed close to the end-user, which helps in reducing T&D losses. The typical recoverable temperature ranges from 90oC to 400oC, which are used for district heating or cooling and other factory processes. Increasing preference for >30 MW heat recovery steam generators The report also segments the heat recovery steam generator market on the basis of its rated power, which includes up to 30 MW and >30 MW. The >30 MW power rated heat recovery steam generators have been widely accepted in the past few years, and finds application mainly in CCPP. The market for > 30 MW power rated heat recovery steam generators will be driven by the many combined cycle power plants that are planned to come up in Asia-Pacific and North America. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=177042936
Browse >> 70market data tables 59 figures 137 pagesand in-depth TOC on “Heat Recovery Steam Generator Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Europe is the dominant market for heat recovery steam generators Europe continues to dominate the market, as it has the highest number of CHP plants in the world, and Asia-Pacific is expected to grow at the fastest pace. Factors such as urbanization, industrialization, and fast economic growth necessitates huge requirement for electric power from various countries in the Asia-Pacific region, which demands development of new power plants, especially gas-fired ones. To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the heat recovery steam generator market including General Electric Company (U.S.), Siemens AG (Germany), Amec Foster Wheeler plc. (U.K.), Babcock & Wilcox Company (U.S.), and Doosan Engineering & Construction Co., Ltd. (South Korea), among others. Dominant players are trying to penetrate developing economies and are adopting various methods to grab the market share. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=177042936
Target Audience: • Heat recovery steam generator manufacturers • Suppliers of parts and components to the heat recovery steam generator industry • Manufacturers and equipment-user’s associations and groups • Public and private operators of CHP plants and CCPPs • Government and research organizations • Consulting companies in energy & power • Shareholders and investors • Investment banks • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=177042936
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • General Electric Company • Siemens AG • AMEC Foster Wheeler PLC • Babcock & Wilcox Company • Doosan Engineering & Construction Co., Ltd. • Thermax Limited • Cleaver Brooks • CMI Group • Greens Power Limited • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=177042936
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