Heat Recovery Steam Generator Market- Global Industry Analysis and forecast 2023 -2029


Global Heat Recovery Steam Generator Market is expected to reach US$ 1.77 Bn. by 2029 with a CAGR of 3.2%, during the forecast period.

The report covers an in-depth analysis of COVID 19 pandemic impact on Global Heat Recovery Steam Generator Market by region and on the key players’ revenue affected till July 2021 and expected short term and long-term impact on the market.

Heat Recovery Steam Generator (HRSG) is energy recovery heat exchanger which improves heat from a hot gas stream like combustion turbine or other waste gas stream. Heat recovery steam generates steam that can be used in a process or is used to drive the steam turbine. They aid in changing water into superheated steam in four different segments such as economizer, evaporator, and water preheater & super heater.Heat Recovery Steam Generator MarketTo know about the Research Methodology :- Request Free Sample Report

The scope of the MMR report includes a detailed study of global and regional markets for heat recovery steam generator with the reasons given for variations in the growth of the energy and power industry in certain regions. The upsurge in the utilization of cogeneration technology with rising investment in generation capacity growth is likely to stimulate the growth of the recovery steam generator market, such as, as per the U.S. Energy Information Administration, the contribution of coal in overall U.S. energy consumption had dropped by 4% in 2022 as compared to 2022. Additionally, the growing industrial sector with a shifting trend towards non-conventional energy use is expected to positively influence the heat recovery steam generator market growth.

The installation of a heat recovery steam generator needs huge maintenance and investment of the product involves huge costs is expected to hinder the demand for HRSG in the economies in the forecast period. Also, the labour is not skilled enough to operate a heat recovery steam generator which may further hamper the growth of the market.

By power rating, the below 100 MW segment was valued US$ xx Mn. in 2022 and is expected to reach US$ xx Mn. by 2029 at a CAGR of 33% over the forecast period. This is attributed to the growing use of co-generating units to resist energy and heat ingestion through small industries, sequestered and commercial grid networks. The MMR report will provide an accurate analysis of the contribution of the various segments to the growth of the heat recovery steam generator market.

As per the IEA (International Energy Agency), the power utility segment in which HRSG are widely used is likely to witness a CAGR of 3% in the forecast period. This, in turn, is projected to boost the demand for HRSGs in future.

By region, Asia Pacific is expected to continue to hold the largest xx% share in heat recovery steam generator market thanks to increased installments of greenfield projects of novel co-generation and combined power and heat plants by private and public initiatives with an expected growth above the global CAGR.

Companies such as Siemens AG, GE, Mitsubishi, Baker and others are involved in adopting sustainable strategies to gain competitive edges such as new product launch, product up-gradation and collaborative agreements.

The objective of the report is to present a comprehensive analysis of the Global Heat Recovery Steam Generator Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Heat Recovery Steam Generator Market dynamics, structure by analyzing the market segments and projects the Global Heat Recovery Steam Generator Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Heat Recovery Steam Generator Market make the report investor’s guide.

 Heat Recovery Steam Generator Market Scope: Inquire before buying






Heat Recovery Steam Generator Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US $ 1.42 Bn.




Forecast Period 2023 to 2029 CAGR:
3.2%
Market Size in 2029:
US $ 1.77 Bn.




 Segments Covered:
by Power Rating
Below 100 MW
101 MW
200 MW
Above 201 MW




by Application
Power Utility
Industrial
Others






Heat Recovery Steam Generator Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

 Heat Recovery Steam Generator Market Key Players

1. General Electric Company (U.S)
2. Siemens AG (Germany)
3. Amec Foster Wheeler Plc. (U.K)
4. Babock and Wilcox Company (U.S)
5. CMI Group (Belgium)
6. Doosan Engineering and Construction Co., Ltd. (South Korea)
7. Mitsubishi Heavy Industries Ltd.
8. John Wood Group PLC.
9. Larsen and Toubro Ltd.
10.Thermax
11.Bharat Heavy Electricals Ltd.
12.Baker Hughes

Frequently Asked Questions:

1. Which region has the largest share in Global Heat Recovery Steam Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Heat Recovery Steam Market?
Ans: The Global Heat Recovery Steam Market is growing at a CAGR of 3.2% during forecasting period 2023-2029.

3. What is scope of the Global Heat Recovery Steam market report?
Ans: Global Heat Recovery Steam Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Heat Recovery Steam market?
Ans: The important key players in the Global Heat Recovery Steam Market are – General Electric Company (U.S), Siemens AG (Germany), Amec Foster Wheeler Plc. (U.K), Babock and Wilcox Company (U.S), CMI Group (Belgium), Doosan Engineering and Construction Co., Ltd. (South Korea), Mitsubishi Heavy Industries Ltd., John Wood Group PLC., Larsen and Toubro Ltd., Thermax, Bharat Heavy Electricals Ltd., and Baker Hughes

5. What is the study period of this market?
Ans: The Global Heat Recovery Steam Market is studied from 2022 to 2029. 




Heat Recovery Steam Generator Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Heat Recovery Steam Generator Market

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators

6. Heat Recovery Steam Generator Market Analysis and Forecast
6.1. Heat Recovery Steam Generator Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Heat Recovery Steam Generator Market Analysis and Forecast, By Power Rating
7.1. Introduction and Definition
7.2. Key Findings
7.3. Heat Recovery Steam Generator Market Value Share Analysis, By Power Rating
7.4. Heat Recovery Steam Generator Market Size (US$ Bn) Forecast, By Power Rating
7.5. Heat Recovery Steam Generator Market Analysis, By Power Rating
7.6. Heat Recovery Steam Generator Market Attractiveness Analysis, By Power Rating

8. Heat Recovery Steam Generator Market Analysis and Forecast, By Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Heat Recovery Steam Generator Market Value Share Analysis, By Application
8.4. Heat Recovery Steam Generator Market Size (US$ Bn) Forecast, By Application
8.5. Heat Recovery Steam Generator Market Analysis, By Application
8.6. Heat Recovery Steam Generator Market Attractiveness Analysis, By Application

9. Heat Recovery Steam Generator Market Analysis, by Region
9.1. Heat Recovery Steam Generator Market Value Share Analysis, by Region
9.2. Heat Recovery Steam Generator Market Size (US$ Bn) Forecast, by Region
9.3. Heat Recovery Steam Generator Market Attractiveness Analysis, by Region

10. North America Heat Recovery Steam Generator Market Analysis
10.1. Key Findings
10.2. North America Heat Recovery Steam Generator Market Overview
10.3. North America Heat Recovery Steam Generator Market Value Share Analysis, By Power Rating
10.4. North America Heat Recovery Steam Generator Market Forecast, By Power Rating
10.4.1. Below 100 MW
10.4.2. 101 MW
10.4.3. 200 MW
10.4.4. Above 201 MW
10.5. North America Heat Recovery Steam Generator Market Value Share Analysis, By Application
10.6. North America Heat Recovery Steam Generator Market Forecast, By Application
10.6.1. Power Utility
10.6.2. Industrial
10.6.3. Others
10.7. North America Heat Recovery Steam Generator Market Value Share Analysis, by Country
10.8. North America Heat Recovery Steam Generator Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Heat Recovery Steam Generator Market Analysis, by Country
10.10. U.S. Heat Recovery Steam Generator Market Forecast, By Power Rating
10.10.1. Below 100 MW
10.10.2. 101 MW
10.10.3. 200 MW
10.10.4. Above 201 MW
10.11. U.S. Heat Recovery Steam Generator Market Forecast, By Application
10.11.1. Power Utility
10.11.2. Industrial
10.11.3. Others
10.12. Canada Heat Recovery Steam Generator Market Forecast, By Power Rating
10.12.1. Below 100 MW
10.12.2. 101 MW
10.12.3. 200 MW
10.12.4. Above 201 MW
10.13. Canada Heat Recovery Steam Generator Market Forecast, By Application
10.13.1. Power Utility
10.13.2. Industrial
10.13.3. Others
10.14. North America Heat Recovery Steam Generator Market Attractiveness Analysis
10.14.1. By Power Rating
10.14.2. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Developments

11. Europe Heat Recovery Steam Generator Market Analysis
11.1. Key Findings
11.2. Europe Heat Recovery Steam Generator Market Overview
11.3. Europe Heat Recovery Steam Generator Market Value Share Analysis, By Power Rating
11.4. Europe Heat Recovery Steam Generator Market Forecast, By Power Rating
11.4.1. Below 100 MW
11.4.2. 101 MW
11.4.3. 200 MW
11.4.4. Above 201 MW
11.5. Europe Heat Recovery Steam Generator Market Value Share Analysis, By Application
11.6. Europe Heat Recovery Steam Generator Market Forecast, By Application
11.6.1. Power Utility
11.6.2. Industrial
11.6.3. Others
11.7. Europe Heat Recovery Steam Generator Market Value Share Analysis, by Country
11.8. Europe Heat Recovery Steam Generator Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Russia
11.8.7. Sweden
11.8.8. Rest of Europe
11.9. Europe Heat Recovery Steam Generator Market Analysis, by Country
11.10. Germany Heat Recovery Steam Generator Market Forecast, By Power Rating
11.10.1. Below 100 MW
11.10.2. 101 MW
11.10.3. 200 MW
11.10.4. Above 201 MW
11.11. Germany Heat Recovery Steam Generator Market Forecast, By Application
11.11.1. Power Utility
11.11.2. Industrial
11.11.3. Others
11.12. U.K. Heat Recovery Steam Generator Market Forecast, By Power Rating
11.12.1. Below 100 MW
11.12.2. 101 MW
11.12.3. 200 MW
11.12.4. Above 201 MW
11.13. U.K. Heat Recovery Steam Generator Market Forecast, By Application
11.13.1. Power Utility
11.13.2. Industrial
11.13.3. Others
11.14. France Heat Recovery Steam Generator Market Forecast, By Power Rating
11.14.1. Below 100 MW
11.14.2. 101 MW
11.14.3. 200 MW
11.14.4. Above 201 MW
11.15. France Heat Recovery Steam Generator Market Forecast, By Application
11.15.1. Power Utility
11.15.2. Industrial
11.15.3. Others
11.16. Italy Heat Recovery Steam Generator Market Forecast, By Power Rating
11.16.1. Below 100 MW
11.16.2. 101 MW
11.16.3. 200 MW
11.16.4. Above 201 MW
11.17. Italy Heat Recovery Steam Generator Market Forecast, By Application
11.17.1. Power Utility
11.17.2. Industrial
11.17.3. Others
11.18. Spain Heat Recovery Steam Generator Market Forecast, By Power Rating
11.18.1. Below 100 MW
11.18.2. 101 MW
11.18.3. 200 MW
11.18.4. Above 201 MW
11.19. Spain Heat Recovery Steam Generator Market Forecast, By Application
11.19.1. Power Utility
11.19.2. Industrial
11.19.3. Others
11.20. Russia Heat Recovery Steam Generator Market Forecast, By Power Rating
11.20.1. Below 100 MW
11.20.2. 101 MW
11.20.3. 200 MW
11.20.4. Above 201 MW
11.21. Russia Heat Recovery Steam Generator Market Forecast, By Application
11.21.1. Power Utility
11.21.2. Industrial
11.21.3. Others
11.22. Sweden Heat Recovery Steam Generator Market Forecast, By Power Rating
11.22.1. Below 100 MW
11.22.2. 101 MW
11.22.3. 200 MW
11.22.4. Above 201 MW
11.23. Sweden Heat Recovery Steam Generator Market Forecast, By Application
11.23.1. Power Utility
11.23.2. Industrial
11.23.3. Others
11.24. Rest of Europe Heat Recovery Steam Generator Market Forecast, By Power Rating
11.24.1. Below 100 MW
11.24.2. 101 MW
11.24.3. 200 MW
11.24.4. Above 201 MW
11.25. Rest of Europe Heat Recovery Steam Generator Market Forecast, By Application
11.25.1. Power Utility
11.25.2. Industrial
11.25.3. Others
11.26. Europe Heat Recovery Steam Generator Market Attractiveness Analysis
11.26.1. By Power Rating
11.26.2. By Application
11.27. PEST Analysis
11.28. Key Trends
11.29. Key Developments

12. Asia Pacific Heat Recovery Steam Generator Market Analysis
12.1. Key Findings
12.2. Asia Pacific Heat Recovery Steam Generator Market Overview
12.3. Asia Pacific Heat Recovery Steam Generator Market Value Share Analysis, By Power Rating
12.4. Asia Pacific Heat Recovery Steam Generator Market Forecast, By Power Rating
12.4.1. Below 100 MW
12.4.2. 101 MW
12.4.3. 200 MW
12.4.4. Above 201 MW
12.5. Asia Pacific Heat Recovery Steam Generator Market Value Share Analysis, By Application
12.6. Asia Pacific Heat Recovery Steam Generator Market Forecast, By Application
12.6.1. Power Utility
12.6.2. Industrial
12.6.3. Others
12.7. Asia Pacific Heat Recovery Steam Generator Market Value Share Analysis, by Country
12.8. Asia Pacific Heat Recovery Steam Generator Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. South Korea
12.8.5. Australia
12.8.6. Indonesia
12.8.7. Malaysia
12.8.8. Vietnam
12.8.9. Rest of Asia Pacific
12.9. Asia Pacific Heat Recovery Steam Generator Market Analysis, by Country
12.10. China Heat Recovery Steam Generator Market Forecast, By Power Rating
12.10.1. Below 100 MW
12.10.2. 101 MW
12.10.3. 200 MW
12.10.4. Above 201 MW
12.11. China Heat Recovery Steam Generator Market Forecast, By Application
12.11.1. Power Utility
12.11.2. Industrial
12.11.3. Others
12.12. India Heat Recovery Steam Generator Market Forecast, By Power Rating
12.12.1. Below 100 MW
12.12.2. 101 MW
12.12.3. 200 MW
12.12.4. Above 201 MW
12.13. India Heat Recovery Steam Generator Market Forecast, By Application
12.13.1. Power Utility
12.13.2. Industrial
12.13.3. Others
12.14. Japan Heat Recovery Steam Generator Market Forecast, By Power Rating
12.14.1. Below 100 MW
12.14.2. 101 MW
12.14.3. 200 MW
12.14.4. Above 201 MW
12.15. Japan Heat Recovery Steam Generator Market Forecast, By Application
12.15.1. Power Utility
12.15.2. Industrial
12.15.3. Others
12.16. South Korea Heat Recovery Steam Generator Market Forecast, By Power Rating
12.16.1. Below 100 MW
12.16.2. 101 MW
12.16.3. 200 MW
12.16.4. Above 201 MW
12.17. South Korea Heat Recovery Steam Generator Market Forecast, By Applicatio
12.17.1. Power Utility
12.17.2. Industrial
12.17.3. Others
12.18. Australia Heat Recovery Steam Generator Market Forecast, By Power Rating
12.18.1. Below 100 MW
12.18.2. 101 MW
12.18.3. 200 MW
12.18.4. Above 201 MW
12.19. Australia Heat Recovery Steam Generator Market Forecast, By Application
12.19.1. Power Utility
12.19.2. Industrial
12.19.3. Others
12.20. Indonesia Heat Recovery Steam Generator Market Forecast, By Power Rating
12.20.1. Below 100 MW
12.20.2. 101 MW
12.20.3. 200 MW
12.20.4. Above 201 MW
12.21. Indonesia Heat Recovery Steam Generator Market Forecast, By Application
12.21.1. Power Utility
12.21.2. Industrial
12.21.3. Others
12.22. Malaysia Heat Recovery Steam Generator Market Forecast, By Power Rating
12.22.1. Below 100 MW
12.22.2. 101 MW
12.22.3. 200 MW
12.22.4. Above 201 MW
12.23. Malaysia Heat Recovery Steam Generator Market Forecast, By Application
12.23.1. Power Utility
12.23.2. Industrial
12.23.3. Others
12.24. Vietnam Heat Recovery Steam Generator Market Forecast, By Power Rating
12.24.1. Below 100 MW
12.24.2. 101 MW
12.24.3. 200 MW
12.24.4. Above 201 MW
12.25. Vietnam Heat Recovery Steam Generator Market Forecast, By Application
12.25.1. Power Utility
12.25.2. Industrial
12.25.3. Others
12.26. Rest of Asia Pacific Heat Recovery Steam Generator Market Forecast, By Power Rating
12.26.1. Below 100 MW
12.26.2. 101 MW
12.26.3. 200 MW
12.26.4. Above 201 MW
12.27. Rest of Asia Pacific Heat Recovery Steam Generator Market Forecast, By Application
12.27.1. Power Utility
12.27.2. Industrial
12.27.3. Others
12.28. Asia Pacific Heat Recovery Steam Generator Market Attractiveness Analysis
12.28.1. By Power Rating
12.28.2. By Application
12.29. PEST Analysis
12.30. Key Trends
12.31. Key Developments

13. Middle East & Africa Heat Recovery Steam Generator Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Heat Recovery Steam Generator Market Overview
13.3. Middle East & Africa Heat Recovery Steam Generator Market Value Share Analysis, By Power Rating
13.4. Middle East & Africa Heat Recovery Steam Generator Market Forecast, By Power Rating
13.4.1. Below 100 MW
13.4.2. 101 MW
13.4.3. 200 MW
13.4.4. Above 201 MW
13.5. Middle East & Africa Heat Recovery Steam Generator Market Value Share Analysis, By Application
13.6. Middle East & Africa Heat Recovery Steam Generator Market Forecast, By Application
13.6.1. Power Utility
13.6.2. Industrial
13.6.3. Others
13.7. Middle East & Africa Heat Recovery Steam Generator Market Value Share Analysis, by Country
13.8. Middle East & Africa Heat Recovery Steam Generator Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Heat Recovery Steam Generator Market Analysis, by Country
13.10. GCC Heat Recovery Steam Generator Market Forecast, By Power Rating
13.10.1. Below 100 MW
13.10.2. 101 MW
13.10.3. 200 MW
13.10.4. Above 201 MW
13.11. GCC Heat Recovery Steam Generator Market Forecast, By Application
13.11.1. Power Utility
13.11.2. Industrial
13.11.3. Others
13.12. South Africa Heat Recovery Steam Generator Market Forecast, By Power Rating
13.12.1. Below 100 MW
13.12.2. 101 MW
13.12.3. 200 MW
13.12.4. Above 201 MW
13.13. South Africa Heat Recovery Steam Generator Market Forecast, By Application
13.13.1. Power Utility
13.13.2. Industrial
13.13.3. Others
13.14. Rest of Middle East & Africa Heat Recovery Steam Generator Market Forecast, By Power Rating
13.14.1. Below 100 MW
13.14.2. 101 MW
13.14.3. 200 MW
13.14.4. Above 201 MW
13.15. Rest of Middle East & Africa Heat Recovery Steam Generator Market Forecast, By Application
13.15.1. Power Utility
13.15.2. Industrial
13.15.3. Others
13.16. Middle East & Africa Heat Recovery Steam Generator Market Attractiveness Analysis
13.16.1. By Power Rating
13.16.2. By Application
13.17. PEST Analysis
13.18. Key Trends
13.19. Key Developments

14. South America Heat Recovery Steam Generator Market Analysis
14.1. Key Findings
14.2. South America Heat Recovery Steam Generator Market Overview
14.3. South America Heat Recovery Steam Generator Market Value Share Analysis, By Power Rating
14.4. South America Heat Recovery Steam Generator Market Forecast, By Power Rating
14.4.1. Below 100 MW
14.4.2. 101 MW
14.4.3. 200 MW
14.4.4. Above 201 MW
14.5. South America Heat Recovery Steam Generator Market Value Share Analysis, By Application
14.6. South America Heat Recovery Steam Generator Market Forecast, By Application
14.6.1. Power Utility
14.6.2. Industrial
14.6.3. Others
14.7. South America Heat Recovery Steam Generator Market Value Share Analysis, By End User
14.8. South America Heat Recovery Steam Generator Market Value Share Analysis, by Country
14.9. South America Heat Recovery Steam Generator Market Forecast, by Country
14.9.1. Brazil
14.9.2. Mexico
14.9.3. Rest of South America
14.10. South America Heat Recovery Steam Generator Market Analysis, by Country
14.11. Brazil Heat Recovery Steam Generator Market Forecast, By Power Rating
14.11.1. Below 100 MW
14.11.2. 101 MW
14.11.3. 200 MW
14.11.4. Above 201 MW
14.12. Brazil Heat Recovery Steam Generator Market Forecast, By Application
14.12.1. Power Utility
14.12.2. Industrial
14.12.3. Others
14.13. Mexico Heat Recovery Steam Generator Market Forecast, By Power Rating
14.13.1. Below 100 MW
14.13.2. 101 MW
14.13.3. 200 MW
14.13.4. Above 201 MW
14.14. Mexico Heat Recovery Steam Generator Market Forecast, By Application
14.14.1. Power Utility
14.14.2. Industrial
14.14.3. Others
14.15. Rest of South America Heat Recovery Steam Generator Market Forecast, By Power Rating
14.15.1. Below 100 MW
14.15.2. 101 MW
14.15.3. 200 MW
14.15.4. Above 201 MW
14.16. Rest of South America Heat Recovery Steam Generator Market Forecast, By Application
14.16.1. Power Utility
14.16.2. Industrial
14.16.3. Others
14.17. South America Heat Recovery Steam Generator Market Attractiveness Analysis
14.17.1. By Power Rating
14.17.2. By Application
14.18. PEST Analysis
14.19. Key Trends
14.20. Key Developments

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward Integration
15.3. Company Profiles: Key Players
15.3.1. General Electric Company (U.S)
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Development Footprint
15.3.2. Siemens AG (Germany)
15.3.3. Amec Foster Wheeler PLC. (U.K)
15.3.4. Babock and Wilcox Company (U.S)
15.3.5. CMI Group (Belgium)
15.3.6. Doosan Engineering and Construction co., Ltd. (South Korea)
15.3.7. Mitsubishi Heavy Industries Ltd.
15.3.8. John Wood Group Plc.
15.3.9. Larsen and Toubro Group
15.3.10. Thermax
15.3.11. Baker Hughes
15.3.12. Bharat Heavy Industries Ltd.

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