Global Heat Recovery Steam Market Attracting Investments for Establishing Energy Efficient Power Plants

Posted on 2018-09-20 by Goldstein Research in Energy // 0 Comments

New York, USA, 2018-Sep-20 — /EPR Network/ —According to Goldstein Research, global heat recovery steam market is expected to reach USD 1.4 billion by 2024, growing at a CAGR of 6.4% over the forecast period 2016-2024.The rapid growth of the population is inducing the growing demand for electricity and moreover, for the clean and green energy. Thus such factors are driving the growth of the market. Global heat recovery steam market segmentation has been done on the basis of product type, gas turbine output power, construction methods, application, and geography. Horizontal units based on product type accounted for the largest market share of more than 65%, impacted by the growth of Combined Heat & Power (CHP) plants.

Global heat recovery steam market is largely dominated by North America by more than 30% revenue share on the back of a large number of power generating plants. Further, APAC is an opportunistic region for the rising number of planned projects in the region.

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Market Segmentation

On the basis of our in-depth analysis, Global Heat Recovery Steam Market can be segmented as follows:

By Product Type

Vertical Units
Horizontal Units

By Gas Turbine Output Power

0-40 MW
40-100 MW
Above 100 MW

By Construction Methods

Modular
C-Section
Bundle
Fully Assembled

By Application

Co-generation (Process Heating)
Combined Cycle
Combined Heat & Power (CHP)

By Region

North America Heat Recovery Steam Market Analysis, 2016-2024
Global Heat Recovery Steam Market Analysis, 2016-2024
Middle East And Africa Heat Recovery Steam Market Analysis, 2016-2024
Latin America Heat Recovery Steam Market Analysis, 2016-2024
Asia Pacific Heat Recovery Steam Market Analysis, 2016-2024
Rest Of The World Heat Recovery Steam Market Analysis, 2016-2024

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“Global Heat Recovery Steam Market Outlook 2024” includes comprehensive overview of the global heat recovery steam market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, gas turbine output power, construction methods, application and geography.

The Global Heat Recovery Steam Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The comprehensive analysis of heat recovery steam market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global heat recovery steam market analyzed in the report are: General Electric Company, Siemens AG, Amec Foster Wheeler plc., Babcock & Wilcox Company, Doosan Engineering & Construction Co. Ltd., Rentech Boilers Systems Inc., HamonDeltak, Inc., Thermax Global, Larsen & Toubro Limited, Mitsubishi and Alstom Power,etc.

Further, Global Heat Recovery Steam Market Report encompasses the key factors driving the growth of market, opportunities in the market and the factors posing threats & challenges to the market. The Heat Recovery Steam Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.