Heat Recovery Steam Generators Market Analysis, Technological Innovations and Future Business 2019-2025: CMI Groupe, Hitachi, Thermax

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Albany, NY -- (SBWire) -- 05/03/2019 --Heat Recovery Steam Generators Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the Heat Recovery Steam Generators industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, Heat Recovery Steam Generators market Share via Region, New Challenge Feasibility Evaluation, Analysis and Guidelines on New mission Investment.

Heat recovery steam generator or waste heat boilers help to convert water into superheated steam. It involves four critical components, namely, evaporator, economizer, water preheater and superheater that are used to meet the operating requirements of the entire unit.

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It provides the thermodynamic link between the gas and the steam turbines to achieve optimum performance in a combined cycle power plant. Heat recovery is extensively used in energy projects. Heat Recovery Steam Generators are used in gas power plants as a capital equipment to minimize carbon emission.

The vast rise in demand for improved energy efficiency of power plants and the power generation process and the availability of encouraging government incentives and rebates for enhancing the energy efficiency of the same are the key factors fueling the growth of the global heat recovery steam generators market. An increasing inclination towards the use of clean power generation technologies, the thriving industrial sector, especially across developing economies such as India and China, is also driving the increased demand for heat recovery steam generators globally.

However, the after-effects of recent economic slowdowns in established markets such as Europe and certain parts of North America have adversely affected the prices of natural gas, which has dampened the spirits of power generation companies wanting to foray into the field of mixed-cycle power plants to a certain extent.

However, the issue is expected to have only a moderate impact on the overall growth prospects of the market in the near future. Another key challenge faced by companies in the global heat recovery steam generators market is the lack of product differentiation, which has led to intense competition in terms of product costs.

This report focuses on Heat Recovery Steam Generators volume and value at global level, regional level and company level. From a global perspective, this report represents overall Heat Recovery Steam Generators market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
ALSTOM
Technology Transfer Services
Amec Foster Wheeler
CMI Groupe
Hitachi
Thermax

Segment by Regions
North America
Europe
China
Japan

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Segment by Type
Horizontal HRSGs
Vertical HRSGs

Segment by Application
Utilities
Chemicals
Refineries
Pulp & Paper
Commercial
Others

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