DUBLIN, Aug. 26, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Heat Recovery Steam Generator (HRSG) Market 2014-2018" report to their offering.
A heat recovery steam generator is a system used to extract useful heat from the exhaust of combustion turbines or hot gas streams. It has advantages over normal boilers in terms of resource efficiency and environmental friendliness. The steam extracted may be used by steam turbines to produce electricity. It can also be used for other factory processes such as heating and desalination.
The analysts forecast the Global Heat Recovery Steam Generator market will grow at a CAGR of 8.9 percent over the period 2013-2018.
The report, the Global Heat Recovery Steam Generator Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Heat Recovery Steam Generator market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Heavy investment plans in the Middle East and African region is one of the emerging trends in the market. The HRSG market in developing countries especially Iran, the UAE, Tanzania, and Mozambique is expected to grow as a result of rich gas resources and consequent investment in Combined Cycle Power Plants.
According to the report, the need for efficient energy sources is one of the major drivers. The growing demand for greater efficiency and the availability of government incentives for improved energy efficiency and emissions reductions are expected to drive the growth of the Global HRSG market.
Further, the report states that one of the major challenges in this market is limited product differentiation as players have failed to differentiate their products based on technology and prices resulting in identical products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Technology Overview
07. Market Landscape
08. Key Leading Countries
09. Buying Criteria
10. Advancements in HRSG technology
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Alstom SA
- CMI Group
- Foster Wheeler AG
- NEM BV
- The Babcock and Wilcox Company
- Doosan Heavy Industries
- Sofinter SpA
- Technology Transfer Services
- Thermax Ltd.
For more information visit http://www.researchandmarkets.com/research/ps2546/global_heat
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SOURCE Research and Markets