Global Heat Recovery Steam Generator Market is expected to reach US$ 1.82 Bn. by 2030 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.To 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 2023 as compared to 2023. 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 2023 and is expected to reach US$ xx Mn. by 2030 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: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 1.46 Bn. Forecast Period 2024 to 2030 CAGR: 3.2% Market Size in 2030: US $ 1.82 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 2023. 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 2024-2030. 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 2023 to 2030.
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. Primary key Insights