市场调查报告书
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1596851
热回收蒸汽产生器市场规模、份额和增长分析:按设计、按额定功率、按运行模式、按最终用户、按地区 - 行业预测,2024-2031 年Heat Recovery Steam Generator Market Size, Share, Growth Analysis, By Design, By Power Rating, By Mode of Operation, By End-user, By Region - Industry Forecast 2024-2031. |
2022年全球热回收蒸汽产生器市场规模将为8.055亿美元,从2023年的8.336亿美元增长到2031年的11亿美元,并在预测期内(2024年-2031年)到2031年将增长到11亿美元。
由于电力成本上涨、旨在促进环境永续性的严格监管支援以及技术进步带来的资本成本降低等几个关键因素,热回收蒸汽产生器(HRSG)市场将大幅成长。这些发电机越来越被认为对节能组织具有吸引力,因为它们可以提供更清洁的能源,同时最大限度地减少碳排放。此外,余热锅炉透过减少生态足迹,在提高先进能源系统的效率和永续性发挥重要作用。能源消耗的迅速增加和温室气体排放的增加进一步推动了对这些技术的需求。此外,由于迫切需要更节能的解决方案,汽电共生技术的日益采用预计也将促进余热锅炉市场的成长。研究表明,这些发电机显着影响联合循环发电的经济和技术效率,并提高燃气涡轮机技术的整体性能。该市场包括余热锅炉组装所必需的各种部件,例如管道和管材,这表明有强大的基础设施来支持该行业。随着产业的发展,余热锅炉技术脱颖而出,成为解决能源产出中的经济和环境挑战的关键参与者。
Global Heat Recovery Steam Generator Market size was valued at USD 805.5 million in 2022 and is poised to grow from USD 833.6 million in 2023 to USD 1100 million by 2031, growing at a CAGR of 3.5% in the forecast period (2024-2031).
The market for Heat Recovery Steam Generators (HRSGs) is poised for significant growth, driven by several key factors including escalating power costs, stringent regulatory support aimed at fostering environmental sustainability, and a decrease in capital expenses due to technological advancements. These generators are increasingly recognized for their ability to minimize carbon emissions while delivering cleaner energy, making them attractive to energy-efficient organizations. Moreover, HRSGs play a pivotal role in enhancing the efficiency and sustainability of advanced energy systems by reducing ecological footprints. The surge in energy consumption coupled with a troubling rise in greenhouse gas emissions further propels the demand for such technologies. Additionally, the growing adoption of cogeneration technology driven by the pressing need for more energy-efficient solutions is expected to bolster HRSG market growth. Research indicates that these generators significantly influence the economic and technical efficiency of combined cycle power production, thereby enhancing the overall performance of gas turbine technologies. The market encompasses various components, including pipes and tubes, which are essential for assembling the HRSG, further indicating a robust infrastructure supporting this sector. As the industry evolves, HRSG technology stands out as a crucial player in addressing both economic and environmental challenges in energy generation.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Heat Recovery Steam Generator market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Heat Recovery Steam Generator Market Segmental Analysis
Global Heat Recovery Steam Generator Market is segmented by Design, Power Rating, Mode of Operation, End-user and region. Based on Design, the market is segmented into Horizontal Drum Units, Vertical Drum Units, Horizontal-Once-Through Units. Based on Power Rating, the market is segmented into Up to 30 MW, 31 MW - 100 MW, Above 100 MW. Based on Mode of Operation, the market is segmented into Cogeneration, Combined Heat & Power, Combined Cycle. Based on end user, the market is segmented into Utility, Chemicals, Refineries, Pulp & Paper. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Global Heat Recovery Steam Generator Market
The Global Heat Recovery Steam Generator market is driven by a surge in interest and investment in clean energy solutions, which are rapidly transforming the power sector. As industries and governments prioritize sustainability, clean energy sources are proving to be flexible, efficient, and technologically advanced alternatives to traditional thermal plants, which have contributed to environmental degradation and increased carbon emissions. This shift has led to a notable expansion in the use of combined cycle power plants (CCPP) and cogeneration technologies. Furthermore, supportive government initiatives aimed at promoting CCPP and a growing consumer preference for cogeneration in various sectors-including utilities, chemicals, fertilizers, food and beverages, and oil and gas-are anticipated to significantly propel market growth. Overall, the increasing focus on renewable energy investments is creating robust demand in the global market.
Restraints in the Global Heat Recovery Steam Generator Market
The global Heat Recovery Steam Generator (HRSG) market faces significant constraints primarily due to high initial investment and maintenance costs. An HRSG consists of multiple components, including heat exchangers, economizers for pre-heating water, super-heaters for generating superheated steam, and evaporators for producing saturated steam. These systems may incorporate one or two high-pressure circuits to optimize energy recovery from gas turbine exhausts, subsequently increasing steam turbine power output with each pressure increment. However, this enhancement in efficiency also leads to escalating maintenance expenses, which can hinder market growth during the forecast period, as organizations may be deterred by the financial burden associated with these systems.
Market Trends of the Global Heat Recovery Steam Generator Market
The Global Heat Recovery Steam Generator market is witnessing a significant upward trend driven by the escalating global demand for electricity and the urgent need to mitigate greenhouse gas emissions. As nations impose stricter regulations and invest heavily in clean energy solutions, the adoption of cogeneration and combined cycle power plants has surged. These technologies are positioned as the most effective means to enhance energy efficiency while simultaneously reducing emissions. Consequently, heat recovery steam generators, which efficiently capture waste heat from hot gas streams in combined cycle setups, are increasingly sought after. This growing emphasis on sustainable energy sources is reshaping the market, prompting investments and innovations within the sector.