Heat Recovery Steam Generator Market Players:
- John Wood Group PLC
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Larsen & Toubro Limited
- General Electric
- Cleaver-Brooks
- Siemens Energy
- Babcock & Wilcox Enterprises Inc.
- Clayton Industries
- John Cockerill
- Sofinter S.p. A
- Bharat Heavy Electricals Limited
Major corporations are making large investments in the integration of cutting-edge technologies for monitoring and optimizing. Investor interest and support have grown in original equipment manufacturing experience, monitoring, and pressure analysis in an HRSG. The need for heat recovery steam generators is also being driven by combined cycle plants' efforts in the development of a clean energy source.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of heat recovery steam generator is assessed at USD 1.62 billion.
The global heat recovery steam generator market size surpassed USD 1.56 billion in 2025 and is projected to witness a CAGR of over 4.6%, crossing USD 2.45 billion revenue by 2035.
North America heat recovery steam generator market will dominate around 35% share by 2035, driven by growing initiatives for renewable energy equipment installation.
Key players in the market include John Wood Group PLC, Larsen & Toubro Limited, General Electric, Cleaver-Brooks, Siemens Energy, Babcock & Wilcox Enterprises Inc., Clayton Industries, John Cockerill, Sofinter S.p.A, Bharat Heavy Electricals Limited.
