DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xzbnmc/heat_recovery) has announced the addition of the "Heat Recovery Steam Generator Market - Global Trends & Forecast to 2020" report to their offering.
Factors such as increasing global electricity demand & subsequent investments in power plants, economic benefits of implementing heat recovery steam generators, increasing efforts to reduce global greenhouse gas emissions, and growing adoption of CCPP & CHP are driving the heat recovery steam generator market.
The CHP segment accounted for more than 50% of the total market share in 2014. Cogeneration or CHP is a technology through which electricity and heat are simultaneously produced. It is highly efficient and can achieve primary energy savings by nearly 40%. Moreover, it is installed close to the end-user, which would help 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.
Factors such as urbanization, industrialization, and fast economic growth necessitates huge requirement for electric power in various countries in the Asia-Pacific region, which demands development of new power plants, especially gas-fired ones; this in turn would increase the demand for heat recovery steam generators. The figure below shows the market sizes for all the regions from 2015 to 2020.
- AMEC Foster Wheeler PLC
- Babcock & Wilcox Company
- CMI Group
- Cleaver Brooks
- Doosan Engineering & Construction Co., Ltd.
- General Electric Company
- Greens Power Limited
- Kelvion Holding Gmbh
- Nooter/Eriksen, Inc.
- Siemens AG
- Thermax Limited
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Heat Recovery Steam Generator Market, By Rated Power (MW)
7 Heat Recovery Steam Generator Market, By Application
8 Heat Recovery Steam Generator Market, By End-User
9 Heat Recovery Steam Generator Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/xzbnmc/heat_recovery