Global Heat Recovery Steam Generator Market – Latest Developments by Technavio
LONDON–(BUSINESS WIRE)–#Energy–Market research firm Technavio
has announced the release of their latest report on the global
heat recovery steam generator (HRSG) market. This new report
will provide expert market insights for the forecast period 2018-2022.
The report will follow up on Technavio’s previous heat recovery steam
generator market report, offering detailed market intelligence based on
an analysis of the latest trends, market drivers, and challenges, to
arrive at key insights for the forecast period.
The upgraded research report on the heat recovery steam generator market
is an integral part of Technavio’s power
portfolio. The boom in technological innovations has resulted in a high
demand for power across industries. Some of the topics in this sector
include wind turbine gearbox, advanced energy, wind turbine components,
solar battery charger, and biomass power generation.
This report is available at a USD 1,000 discount for a limited time
only: View
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Heat recovery steam generator market at a glance
Technavio’s previous report on the global
heat recovery steam generator market projected that the Americas
showed the highest potential in 2015, with a market share of 38%, as
compared to APAC and EMEA. In the Americas, the power plant operators
increased the number of power plants that functions on natural gas. This
led to a rise in gaseous emissions, due to which, more of heat recovery
steam generator was installed. This subsequently led to market growth.
In the previous report, a senior research analyst at Technavio stated,
“Steam is used to drive a steam turbine to generate electricity and
improve its efficiency. The reducing sources of conventional energy and
the increasing demand for electricity are some of the key factors
driving the growth in the market. HRSG aids in achieving higher
efficiency with the same resources, without any harmful emissions. As
consumption of fuel is low, the improved efficiency has a direct impact
on the emissions, where greenhouse gasses like carbon monoxide and
nitrogen oxides are released in lesser quantities. The need to reduce
harmful emissions and decrease the consumption of fossil fuels will lead
to HRSG market growth.”
Technavio’s new report on the global heat recovery steam generator
market will evaluate the key geographical regions and their behavior
over the past four years, introducing new data and observations and
providing new predictions.
Looking for the latest information on the global heat recovery steam
generator market? Request
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Technavio’s sample reports are free of charge and contain multiple
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challenges, trends, and more.
Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Top factors driving the market growth
- Competitive landscape and market share analysis of the key players
- Emerging trends in the market
The report on the global
heat recovery steam generator market for the period 2018-2022 is
available to order now and will be delivered within one week of purchase.
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