Heat Recovery Steam Generator Market Report 2026
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Published : February 2026

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Heat Recovery Steam Generator Market Report 2026

Global Outlook – By Design Type (Modular Construction, C-Section Construction, Bundle Construction, Fully Assembled), By Configuration Type (Horizontal Drum Units, Vertical Drum Units, Horizontal-Once Through Units), By Output Power Type (0 To 60 Megawatt (MW), 60 To 100 Megawatt (MW), 100 Megawatt (MW) And Above), By Application Type (Co-Generation (Process Heating), Combined Cycle, Combined Heat And Power (CHP)), By End User (Utility, Chemicals, Refineries, Pulp And Paper, Other End Users) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
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Heat Recovery Steam Generator Market Overview

• Heat Recovery Steam Generator market size has reached to $1.79 billion in 2025

• Expected to grow to $2.34 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%

• Growth Driver: Industrial Sector Expansion To Fuel Growth In Heat Recovery Steam Generator Market

• Market Trend: Enhancing Power Generation Sustainability With Future-Fuel Flexibility

• North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Heat Recovery Steam Generator Market?

A heat recovery steam generator (HRSG) is an energy recovery device that captures waste heat from exhaust gases, typically from gas turbines or other industrial processes, and converts it into steam. This steam can then be used to drive a steam turbine for power generation or utilized in industrial heating processes. HRSGs are integral to combined cycle power plants, enhancing overall efficiency by utilizing otherwise wasted heat.

The main design types of heat recovery steam generators are modular construction, c-section construction, bundle construction, and fully assembled. Modular construction refers to heat recovery steam generators (HRSGs) built in separate, prefabricated modules that are assembled on-site. The configuration is horizontal drum units, vertical drum units, and horizontal-once through units, and the output power is 0 to 60 megawatts (MW), 60 to 100 megawatts (MW), 100 megawatts (MW) and above. The application includes co-generation (process heating), combined cycle, and combined heat and power (CHP), and it is used by various end users such as utilities, chemicals, refineries, pulp and paper, and others.

Heat Recovery Steam Generator market report bar graph

What Is The Heat Recovery Steam Generator Market Size and Share 2026?

The heat recovery steam generator market size has grown strongly in recent years. It will grow from $1.79 billion in 2025 to $1.89 billion in 2026 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to expansion of gas-based power generation, need for improved plant efficiency, growth of industrial steam demand, replacement of conventional boilers, investment in large-scale power infrastructure.

What Is The Heat Recovery Steam Generator Market Growth Forecast?

The heat recovery steam generator market size is expected to see strong growth in the next few years. It will grow to $2.34 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to decarbonization of power sector, expansion of combined heat and power plants, investments in flexible power generation, demand for high-efficiency thermal systems, growth in industrial energy recovery. Major trends in the forecast period include expansion of combined cycle power plants, increasing focus on waste heat utilization, demand for high-efficiency steam generation systems, adoption of modular hrsg designs, growth in industrial co-generation projects.

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Tariff Impact On Heat Recovery Steam Generator Market

Tariffs are impacting the heat recovery steam generator market by increasing the cost of imported alloy steels, pressure components, heat exchanger tubes, and fabricated modu

Global Heat Recovery Steam Generator Market Segmentation

1) By Design Type: Modular Construction, C-Section Construction, Bundle Construction, Fully Assembled

2) By Configuration Type: Horizontal Drum Units, Vertical Drum Units, Horizontal-Once Through Units

3) By Output Power Type: 0 To 60 Megawatt (MW), 60 To 100 Megawatt (MW), 100 Megawatt (MW) And Above

4) By Application Type: Co-Generation (Process Heating), Combined Cycle, Combined Heat And Power (CHP)

5) By End User: Utility, Chemicals, Refineries, Pulp And Paper, Other End Users

Subsegments:

1) By Modular Construction: Pre-Fabricated Modules, Skid-Mounted Modules, Compact Modular Systems

2) By C-Section Construction: Horizontal C-Section HRSGs, Vertical C-Section HRSGs, Single-Pressure C-Section HRSGs

3) By Bundle Construction: Horizontal Bundle HRSGs, Vertical Bundle HRSGs, Double Pressure Bundle HRSGs

4) By Fully Assembled: Factory-Assembled HRSGs, Site-Assembled HRSGs, Custom-Built Fully Assembled Units

What Is The Driver Of The Heat Recovery Steam Generator Market?

The expansion of the industrial sector is expected to propel the heat recovery steam generator market going forward. The industrial sector refers to the part of the economy involved in producing goods through manufacturing, construction, and related industries. The industrial sector is expanding due to increased demand for manufactured goods and technological advancements driving efficiency and production. A heat recovery steam generator (HRSG) in the industrial sector is used to capture and convert waste heat from industrial processes into steam, improving energy efficiency and reducing fuel consumption. For instance, in July 2023, according to Eurostat, a Luxembourg-based government statistical agency, in May 2023, seasonally adjusted industrial production in the European area rose by 0.2%, while in the European Union, it increased by 0.1% compared to April 2023. Therefore, the expansion of the industrial sector is driving the heat recovery steam generator industry.

What Is The Driver Of The Heat Recovery Steam Generator Market?

The expansion of the industrial sector is expected to propel the heat recovery steam generator market going forward. The industrial sector refers to the part of the economy involved in producing goods through manufacturing, construction, and related industries. The industrial sector is expanding due to increased demand for manufactured goods and technological advancements driving efficiency and production. A heat recovery steam generator (HRSG) in the industrial sector is used to capture and convert waste heat from industrial processes into steam, improving energy efficiency and reducing fuel consumption. For instance, in July 2023, according to Eurostat, a Luxembourg-based government statistical agency, in May 2023, seasonally adjusted industrial production in the European area rose by 0.2%, while in the European Union, it increased by 0.1% compared to April 2023. Therefore, the expansion of the industrial sector is driving the heat recovery steam generator industry.

Global Heat Recovery Steam Generator Market Trends and Insights

Major companies operating in the heat-recovery steam generator market are developing innovative products, such as hydrogen-ready heat recovery steam generator (HRSG) systems, to support the transition to zero-carbon power generation. A hydrogen-ready HRSG is a conventional heat-recovery steam generator modified to operate using hydrogen (instead of fossil fuels), incorporating design, safety and combustion adaptations so it can recover turbine exhaust-heat and convert it to steam while supporting hydrogen’s combustion characteristics. For instance, in January 2025, John Cockerill a Belgium-based power-equipment manufacturer announced that it had been awarded a “Concept Certificate” by TÜV-SÜD for the H2-readiness of its HRSGs (including both drum-type and once-through boiler variants), certifying that its heat-recovery boilers are ready to operate with up to 100% hydrogen. The modified HRSG design includes controls for ventilation, purging, fire/explosion protection and safety analyses ensuring safe operation under hydrogen combustion. This hydrogen-ready HRSG can be used in combined-cycle or cogeneration plants, offering power and/or steam output similar to traditional HRSGs, but aligned with decarbonization targets and future-fuel flexibility.

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What Are Latest Mergers And Acquisitions In The Heat Recovery Steam Generator Market?

In March 2025, Bharat Heavy Electricals Limited (BHEL), an India-based power equipment manufacturing company, partnered with Vogt Power International Inc. (VPI) for heat recovery steam generators (HRSGs). With this collaboration, BHEL aims to strengthen its technological capabilities in HRSG design and supply, maintaining competitiveness in combined-cycle and cogeneration power projects. Vogt Power International Inc. is a US–based boiler and HRSG technology company which specializes in providing HRSG designs, engineering expertise, and components for efficient steam-generation systems used in power and industrial applications.

Regional Outlook

North America was the largest region in the heat recovery steam generator market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Heat Recovery Steam Generator Market?

The heat recovery steam generator market consists of sales of natural circulation heat recovery steam generators, dual pressure heat recovery steam generators, triple pressure heat recovery steam generators, modular heat recovery steam generators, and forced circulation heat recovery steam generators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Heat Recovery Steam Generator Market Report 2026?

The heat recovery steam generator market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the heat recovery steam generator industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Girish Kavali

Heat Recovery Steam Generator Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $1.89 billion
Revenue Forecast In 2035 $2.34 billion
Growth Rate CAGR of 5.5% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Design Type, Configuration Type, Output Power Type, Application Type, End User
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled General Electric Company, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., Hitachi Ltd., Alstom SA, Kawasaki Heavy Industries Ltd., Sumitomo Heavy Industries Ltd., Bharat Heavy Electricals Limited, John Wood Group PLC, Babcock & Wilcox Enterprises Inc., Nooter/Eriksen Inc., Thermax Limited, Hamon & Cie International, Rentech Boiler Systems Inc., Clyde Bergemann Power Group, Bosch Industriekessel GmbH, Doosan Heavy Industries & Construction, John Cockerill, Aalborg Industries, and CMI Energy
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Heat Recovery Steam Generator Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Heat Recovery Steam Generator Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Heat Recovery Steam Generator Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Heat Recovery Steam Generator Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Sustainability, Climate Tech & Circular Economy

4.1.2 Industry 4.0 & Intelligent Manufacturing

4.1.3 Digitalization, Cloud, Big Data & Cybersecurity

4.1.4 Internet Of Things (Iot), Smart Infrastructure & Connected Ecosystems

4.1.5 Electric Mobility & Transportation Electrification

4.2. Major Trends

4.2.1 Expansion Of Combined Cycle Power Plants

4.2.2 Increasing Focus On Waste Heat Utilization

4.2.3 Demand For High-Efficiency Steam Generation Systems

4.2.4 Adoption Of Modular Hrsg Designs

4.2.5 Growth In Industrial Co-Generation Projects

5. Heat Recovery Steam Generator Market Analysis Of End Use Industries

5.1 Utilities

5.2 Chemical Plants

5.3 Refineries

5.4 Pulp And Paper Manufacturers

5.5 Independent Power Producers

6. Heat Recovery Steam Generator Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Heat Recovery Steam Generator Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Heat Recovery Steam Generator PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Heat Recovery Steam Generator Market Size, Comparisons And Growth Rate Analysis

7.3. Global Heat Recovery Steam Generator Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Heat Recovery Steam Generator Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Heat Recovery Steam Generator Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Heat Recovery Steam Generator Market Segmentation

9.1. Global Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Modular Construction, C-Section Construction, Bundle Construction, Fully Assembled

9.2. Global Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Horizontal Drum Units, Vertical Drum Units, Horizontal-Once Through Units

9.3. Global Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

0 To 60 Megawatt (MW), 60 To 100 Megawatt (MW), 100 Megawatt (MW) And Above

9.4. Global Heat Recovery Steam Generator Market, Segmentation By Application Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Co-Generation (Process Heating), Combined Cycle, Combined Heat And Power (CHP)

9.5. Global Heat Recovery Steam Generator Market, Segmentation By End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Utility, Chemicals, Refineries, Pulp And Paper, Other End Users

9.6. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Modular Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Pre-Fabricated Modules, Skid-Mounted Modules, Compact Modular Systems

9.7. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of C-Section Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Horizontal C-Section HRSGs, Vertical C-Section HRSGs, Single-Pressure C-Section HRSGs

9.8. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Bundle Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Horizontal Bundle HRSGs, Vertical Bundle HRSGs, Double Pressure Bundle HRSGs

9.9. Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Fully Assembled, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Factory-Assembled HRSGs, Site-Assembled HRSGs, Custom-Built Fully Assembled Units

10. Heat Recovery Steam Generator Market Regional And Country Analysis

10.1. Global Heat Recovery Steam Generator Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Heat Recovery Steam Generator Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Heat Recovery Steam Generator Market

11.1. Asia-Pacific Heat Recovery Steam Generator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Heat Recovery Steam Generator Market

12.1. China Heat Recovery Steam Generator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Heat Recovery Steam Generator Market

13.1. India Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Heat Recovery Steam Generator Market

14.1. Japan Heat Recovery Steam Generator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Heat Recovery Steam Generator Market

15.1. Australia Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Heat Recovery Steam Generator Market

16.1. Indonesia Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Heat Recovery Steam Generator Market

17.1. South Korea Heat Recovery Steam Generator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Heat Recovery Steam Generator Market

18.1. Taiwan Heat Recovery Steam Generator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Heat Recovery Steam Generator Market

19.1. South East Asia Heat Recovery Steam Generator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Heat Recovery Steam Generator Market

20.1. Western Europe Heat Recovery Steam Generator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Heat Recovery Steam Generator Market

21.1. UK Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Heat Recovery Steam Generator Market

22.1. Germany Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Heat Recovery Steam Generator Market

23.1. France Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Heat Recovery Steam Generator Market

24.1. Italy Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Heat Recovery Steam Generator Market

25.1. Spain Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Heat Recovery Steam Generator Market

26.1. Eastern Europe Heat Recovery Steam Generator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Heat Recovery Steam Generator Market

27.1. Russia Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Heat Recovery Steam Generator Market

28.1. North America Heat Recovery Steam Generator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Heat Recovery Steam Generator Market

29.1. USA Heat Recovery Steam Generator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Heat Recovery Steam Generator Market

30.1. Canada Heat Recovery Steam Generator Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Heat Recovery Steam Generator Market

31.1. South America Heat Recovery Steam Generator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Heat Recovery Steam Generator Market

32.1. Brazil Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Heat Recovery Steam Generator Market

33.1. Middle East Heat Recovery Steam Generator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Heat Recovery Steam Generator Market

34.1. Africa Heat Recovery Steam Generator Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Heat Recovery Steam Generator Market, Segmentation By Design Type, Segmentation By Configuration Type, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Heat Recovery Steam Generator Market Regulatory and Investment Landscape

36. Heat Recovery Steam Generator Market Competitive Landscape And Company Profiles

36.1. Heat Recovery Steam Generator Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Heat Recovery Steam Generator Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Heat Recovery Steam Generator Market Company Profiles

36.3.1. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

36.3.2. Siemens Energy AG Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Mitsubishi Heavy Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Alstom SA Overview, Products and Services, Strategy and Financial Analysis

37. Heat Recovery Steam Generator Market Other Major And Innovative Companies

Kawasaki Heavy Industries Ltd., Sumitomo Heavy Industries Ltd., Bharat Heavy Electricals Limited, John Wood Group PLC, Babcock & Wilcox Enterprises Inc., Nooter/Eriksen Inc., Thermax Limited, Hamon & Cie International, Rentech Boiler Systems Inc., Clyde Bergemann Power Group, Bosch Industriekessel GmbH, Doosan Heavy Industries & Construction, John Cockerill, Aalborg Industries, CMI Energy

38. Global Heat Recovery Steam Generator Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Heat Recovery Steam Generator Market

40. Heat Recovery Steam Generator Market High Potential Countries, Segments and Strategies

40.1 Heat Recovery Steam Generator Market In 2030 - Countries Offering Most New Opportunities

40.2 Heat Recovery Steam Generator Market In 2030 - Segments Offering Most New Opportunities

40.3 Heat Recovery Steam Generator Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Heat Recovery Steam Generator Market, Overview Of Key Products - Product Examples
  • Table 2: Global Heat Recovery Steam Generator Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Heat Recovery Steam Generator Market, Supply Chain Analysis
  • Table 4: Global Heat Recovery Steam Generator Market, Major Raw Material Providers
  • Table 5: Global Heat Recovery Steam Generator Market, Major Resource Providers
  • Table 6: Global Heat Recovery Steam Generator Market, Major Manufacturers (Suppliers)
  • Table 7: Global Heat Recovery Steam Generator Market, Major Distributors And Channel Partners
  • Table 8: Global Heat Recovery Steam Generator Market, Key Technologies & Future Trends
  • Table 9: Global Heat Recovery Steam Generator Market, Major Trends
  • Table 10: Global Heat Recovery Steam Generator Market, Major End Users
  • Table 11: Global Heat Recovery Steam Generator Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Heat Recovery Steam Generator Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Heat Recovery Steam Generator Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Heat Recovery Steam Generator Market - TAM, US$ Billion, 2025
  • Table 15: Global Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Heat Recovery Steam Generator Market, Segmentation By Application Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Heat Recovery Steam Generator Market, Segmentation By End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Modular Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Heat Recovery Steam Generator Market, Sub-Segmentation Of C-Section Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Bundle Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Fully Assembled, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Global Heat Recovery Steam Generator Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Global Heat Recovery Steam Generator Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Asia-Pacific, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: Asia-Pacific, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: Asia-Pacific, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: China, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: China, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: China, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: India, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: India, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: India, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Japan, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Japan, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Japan, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Australia, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Australia, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Australia, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Indonesia, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: Indonesia, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: Indonesia, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: South Korea, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: South Korea, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: South Korea, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Taiwan, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: Taiwan, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: Taiwan, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South East Asia, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: South East Asia, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: South East Asia, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Western Europe, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: Western Europe, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: Western Europe, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: UK, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: UK, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: UK, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Germany, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: Germany, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: Germany, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: France, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: France, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: France, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Italy, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Italy, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Italy, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Spain, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Spain, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Spain, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Eastern Europe, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Eastern Europe, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Eastern Europe, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Russia, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: Russia, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: Russia, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: North America, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: North America, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: North America, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: USA, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: USA, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: USA, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: Canada, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: Canada, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: Canada, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: South America, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: South America, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: South America, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Brazil, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Brazil, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Brazil, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Middle East, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Middle East, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Middle East, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Africa, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Africa, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 97: Africa, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 98: Global Heat Recovery Steam Generator Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 99: Global Heat Recovery Steam Generator Market - Company Scoring Matrix
  • Table 100: General Electric Company Financial Performance
  • Table 101: Siemens Energy AG Financial Performance
  • Table 102: Mitsubishi Heavy Industries Ltd. Financial Performance
  • Table 103: Hitachi Ltd. Financial Performance
  • Table 104: Alstom SA Financial Performance
  • Table 105: Global Heat Recovery Steam Generator Market, Competitive Benchmarking (In USD Billions)
  • Table 106: Global Heat Recovery Steam Generator Market, Competitive Dashboard
  • Table 107: Global Heat Recovery Steam Generator Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 108: Global, Heat Recovery Steam Generator Market Size Gain ($ Billion), Segmentation By Design Type, 2025 – 2030
  • Table 109: Global, Heat Recovery Steam Generator Market Size Gain ($ Billion), Segmentation By Configuration Type, 2025 – 2030
  • Table 110: Global, Heat Recovery Steam Generator Market Size Gain ($ Billion), Segmentation By Output Power Type, 2025 – 2030

List Of Figures

    Figure 1: Global Heat Recovery Steam Generator Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Heat Recovery Steam Generator Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Heat Recovery Steam Generator Market, Supply Chain Analysis
  • Figure 4: Global Heat Recovery Steam Generator Market, Major Raw Material Providers
  • Figure 5: Global Heat Recovery Steam Generator Market, Major Resource Providers
  • Figure 6: Global Heat Recovery Steam Generator Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Heat Recovery Steam Generator Market, Major Distributors And Channel Partners
  • Figure 8: Global Heat Recovery Steam Generator Market, Key Technologies & Future Trends
  • Figure 9: Global Heat Recovery Steam Generator Market, Major Trends
  • Figure 10: Global Heat Recovery Steam Generator Market, Major End Users
  • Figure 11: Global Heat Recovery Steam Generator Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Heat Recovery Steam Generator Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Heat Recovery Steam Generator Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Heat Recovery Steam Generator Market - TAM, US$ Billion, 2025
  • Figure 15: Global Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Heat Recovery Steam Generator Market, Segmentation By Application Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Heat Recovery Steam Generator Market, Segmentation By End User, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Modular Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Heat Recovery Steam Generator Market, Sub-Segmentation Of C-Section Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Bundle Construction, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Heat Recovery Steam Generator Market, Sub-Segmentation Of Fully Assembled, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Global Heat Recovery Steam Generator Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Global Heat Recovery Steam Generator Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Asia-Pacific, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: Asia-Pacific, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: Asia-Pacific, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: China, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: China, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: China, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: India, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: India, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: India, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Japan, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Japan, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Japan, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Australia, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Australia, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Australia, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Indonesia, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: Indonesia, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: Indonesia, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: South Korea, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: South Korea, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: South Korea, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Taiwan, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: Taiwan, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: Taiwan, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South East Asia, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: South East Asia, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: South East Asia, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Western Europe, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: Western Europe, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: Western Europe, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: UK, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: UK, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: UK, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Germany, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: Germany, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: Germany, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: France, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: France, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: France, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Italy, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Italy, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Italy, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Spain, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Spain, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Spain, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Eastern Europe, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Eastern Europe, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Eastern Europe, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Russia, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: Russia, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: Russia, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: North America, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: North America, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: North America, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: USA, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: USA, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: USA, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: Canada, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: Canada, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: Canada, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: South America, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: South America, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: South America, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Brazil, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Brazil, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Brazil, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Middle East, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Middle East, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Middle East, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Africa, Heat Recovery Steam Generator Market, Segmentation By Design Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Africa, Heat Recovery Steam Generator Market, Segmentation By Configuration Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 97: Africa, Heat Recovery Steam Generator Market, Segmentation By Output Power Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 98: Global Heat Recovery Steam Generator Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 99: Global Heat Recovery Steam Generator Market - Company Scoring Matrix
  • Figure 100: General Electric Company Financial Performance
  • Figure 101: Siemens Energy AG Financial Performance
  • Figure 102: Mitsubishi Heavy Industries Ltd. Financial Performance
  • Figure 103: Hitachi Ltd. Financial Performance
  • Figure 104: Alstom SA Financial Performance
  • Figure 105: Global Heat Recovery Steam Generator Market, Competitive Benchmarking (In USD Billions)
  • Figure 106: Global Heat Recovery Steam Generator Market, Competitive Dashboard
  • Figure 107: Global Heat Recovery Steam Generator Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 108: Global, Heat Recovery Steam Generator Market Size Gain ($ Billion), Segmentation By Design Type, 2025 – 2030
  • Figure 109: Global, Heat Recovery Steam Generator Market Size Gain ($ Billion), Segmentation By Configuration Type, 2025 – 2030
  • Figure 110: Global, Heat Recovery Steam Generator Market Size Gain ($ Billion), Segmentation By Output Power Type, 2025 – 2030

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Frequently Asked Questions

The Heat Recovery Steam Generator market was valued at $ billion in 2025, increased to $ billion in 2026, and is projected to reach $ billion by 2030.

The global Heat Recovery Steam Generator market is expected to grow at a CAGR of 5.5% from 2026 to 2035 to reach $ billion by 2035.

Some Key Players in the Heat Recovery Steam Generator market Include, General Electric Company, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., Hitachi Ltd., Alstom SA, Kawasaki Heavy Industries Ltd., Sumitomo Heavy Industries Ltd., Bharat Heavy Electricals Limited, John Wood Group PLC, Babcock & Wilcox Enterprises Inc., Nooter/Eriksen Inc., Thermax Limited, Hamon & Cie International, Rentech Boiler Systems Inc., Clyde Bergemann Power Group, Bosch Industriekessel GmbH, Doosan Heavy Industries & Construction, John Cockerill, Aalborg Industries, and CMI Energy .

Major trend in this market includes: Enhancing Power Generation Sustainability With Future-Fuel Flexibility. For further insights on this market. request a sample here

North America was the largest region in the heat recovery steam generator market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the heat recovery steam generator market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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