Heat Recovery Steam Generators Market - Global Industry Analysis, Market Share, Drivers, Restraints, Growth And Forecast 2013 - 2019

ResearchMoz added Latest Research Report titled " Heat Recovery Steam Generators Market - Global Industry Analysis, Market Share, Drivers, Restraints, Growth And Forecast, 2013 - 2019 " to it's Large Report database.

Inclination towards cleaner and more energy-efficient options for generating power has resulted in the growth of the Heat Recovery Steam Generator’s Market. Government bodies and utilities are under constant pressure to increase their power capacities so as to keep pace with economic growth and at the same time to minimize any negative environmental impact. As such, CCTG (Combined Cycle Gas Turbine) power plants consisting of heat recovery steam generators are widely accepted by these regulatory bodies. Thus the market for heat recovery steam generators is on a steep rise from last few years.

The ever increasing demand for improved efficiency, the availability of government incentives & rebates for enhancing the energy efficiency are the major drivers fueling the growth of heat recovery steam generators global market. Even the demand for emission reductions are expected to sustain the Heat recovery steam generators market. Economic activity, inclination towards use of cleaner thermal power and the overall growth, especially in developing countries like India and China, has helped to increase the demand for heat recovery steam generators.

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The global economic crisis has adversely affected the prices of natural gas and it has resulted in lower demand for new installations owing to financial issues. This is expected to decline the sales of Heat recovery steam generators during the period 2011-2015.The global economic crisis is also inhibiting the investments in this sector which is restraining the growth of Heat recovery steam generators market. Another major challenge faced by the HRSG manufacturers is the lack of product differentiation. Red Ocean strategy adopted by most of the Asian manufacturers is proving to be a hindrance in the growth of heat recovery steam generators market.

The Middle East is expected to be an opportunity area for the Heat recovery steam generators manufacturers since this region is rich in natural gas and oil reserves. Middle East also has tremendous growth opportunities for power generation through natural gas and thus for the Heat recovery steam generators market. Lucrative policies and heavy investment plans are anticipated to drive the market in Middle East. Iran and Saudi Arabia are expected to contribute the most to the growth of the Heat recovery steam generators market.

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Some of the major market players in this market are ALSTOM, Foster Wheeler AG, Technology Transfer Services, Thermax Ltd., CMI Groupe, NEM, Sofinter S.p.a, The Babcock & Wilcox Company and Hitachi, Ltd.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

    North America
    Asia Pacific
    Europe
    Rest of the World 

This report provides comprehensive analysis of

    Market growth drivers
    Factors limiting market growth
    Current market trends
    Market structure
    Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

• This report provides pin-point analysis for changing competitive dynamics
• It provides a forward looking perspective on different factors driving or restraining market growth
• It provides a technological growth map over time to understand the industry growth rate
• It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
• It provides distinctive graphics and exemplified SWOT analysis of major market segments

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