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Europe Heat Recovery Steam Generator Market Share

Report ID: GMI5728
Published Date: Dec 2024
Report Format: PDF

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Europe Heat Recovery Steam Generator Market Share

Europe Heat Recovery Steam Generator Market Company Share, 2024

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In the Europe heat recovery steam generator compressor market, industry leaders are prioritizing innovation and sustainability. These companies face a competitive landscape marked by rapid technological shifts and regulatory challenges. Key players like Kawasaki Heavy Industries, GE, John Wood Group, Mitsubishi, Thermax and Siemens Energy are focusing on developing efficient, cost-effective solutions to maintain their market positions. The industry's focus remains on advancing technology while meeting stringent environmental and operational standards.

Europe Heat Recovery Steam Generator Market Companies

Major players operating across the industry include:

Babcock & Wilcox
Boustead International Heaters
CF Struthers
CIC Group
Clyde Bergemann
Clayton Industries
GE Vernova
Harris Pye
John Cockerill
John Wood Group
Kawasaki Heavy Industries
Mitsubishi Heavy Industries
NEM
Siemens Energy
Sofinter
Thermax

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The Europe market size for heat recovery steam generator was valued at USD 427.2 million in 2024 and is expected to reach USD 674.2 million by 2034, driven by a CAGR of 4.5% from 2025 to 2034.

The horizontal drum segment is anticipated to exceed USD 350 million by 2034, driven by its ease of compatibility and lower capital expenditure.

The Germany heat recovery steam generator market is projected to surpass USD 100 million by 2034, driven by government regulations aimed at reducing coal-based power plants and the expansion of cogeneration technologies.

Major players in the industry include Babcock & Wilcox, Boustead International Heaters, CF Struthers, CIC Group, Clyde Bergemann, Clayton Industries, GE Vernova, Harris Pye, John Cockerill, John Wood Group, Kawasaki Heavy Industries, Mitsubishi Heavy Industries, NEM, Siemens Energy, Sofinter, and Thermax.