Saudi Arabia Heat Recovery Steam Generator Market (2025-2031) Outlook | Forecast, Revenue, Industry, Analysis, Value, Size, Trends, Companies, Share & Growth

Market Forecast By Rated Power (Up to 30 MW, >30 MW), By Application (Combined cycle, CHP), By End User (Utilities, Chemicals, Refineries, Pulp & Paper, Commercial & Others) And Competitive Landscape
Product Code: ETC4533100 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Saudi Arabia Heat Recovery Steam Generator Market Overview

Heat recovery steam generators (HRSGs) capture waste heat from various processes and convert it into steam for power generation. In Saudi Arabia, this market addresses the manufacturing and deployment of HRSG systems for enhanced energy efficiency in industrial and power generation applications.

Drivers of the Market

The heat recovery steam generator (HRSG) market is growing as Saudi Arabia seeks more efficient power generation solutions. HRSGs are integral in capturing waste heat from gas turbines and using it to produce steam for electricity generation, contributing to higher energy efficiency.

Challenges of the Market

The heat recovery steam generator market in Saudi Arabia faces challenges related to the efficient recovery of waste heat for power generation and industrial processes, addressing heat recovery efficiency and system design, and ensuring the utilization of waste heat for energy production.

COVID-19 Impact on the Market

The Heat Recovery Steam Generator market in Saudi Arabia, vital for recovering waste heat in power plants, faced challenges during the pandemic, including supply chain disruptions and project delays. However, as the energy sector prioritizes energy efficiency and sustainability, the market is showing signs of revival.

Key Players in the Market

Heat recovery steam generators are essential in combined cycle power plants. Leading manufacturers like Babcock & Wilcox, Alstom, and Siemens Energy are key players in the Saudi Arabia heat recovery steam generator market. They provide high-quality HRSG solutions that enhance energy efficiency in power generation.

Key Highlights of the Report:

  • Saudi Arabia Heat Recovery Steam Generator Market Outlook
  • Market Size of Saudi Arabia Heat Recovery Steam Generator Market, 2024
  • Forecast of Saudi Arabia Heat Recovery Steam Generator Market, 2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Revenues & Volume for the Period 2021-2031
  • Saudi Arabia Heat Recovery Steam Generator Market Trend Evolution
  • Saudi Arabia Heat Recovery Steam Generator Market Drivers and Challenges
  • Saudi Arabia Heat Recovery Steam Generator Price Trends
  • Saudi Arabia Heat Recovery Steam Generator Porter's Five Forces
  • Saudi Arabia Heat Recovery Steam Generator Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Rated Power for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Up to 30 MW for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By >30 MW for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Combined cycle for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By CHP for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Utilities for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Refineries for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Pulp & Paper for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume By Commercial & Others for the Period 2021-2031
  • Saudi Arabia Heat Recovery Steam Generator Import Export Trade Statistics
  • Market Opportunity Assessment By Rated Power
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End User
  • Saudi Arabia Heat Recovery Steam Generator Top Companies Market Share
  • Saudi Arabia Heat Recovery Steam Generator Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Heat Recovery Steam Generator Company Profiles
  • Saudi Arabia Heat Recovery Steam Generator Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Saudi Arabia Heat Recovery Steam Generator Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Saudi Arabia Heat Recovery Steam Generator Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Saudi Arabia Heat Recovery Steam Generator Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, 2021 & 2031F

3.3 Saudi Arabia Heat Recovery Steam Generator Market - Industry Life Cycle

3.4 Saudi Arabia Heat Recovery Steam Generator Market - Porter's Five Forces

3.5 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume Share, By Rated Power, 2021 & 2031F

3.6 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Saudi Arabia Heat Recovery Steam Generator Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing energy efficiency regulations and government initiatives in Saudi Arabia.

4.2.2 Growing focus on sustainable energy sources and reducing carbon footprint.

4.2.3 Expansion of industrial sectors such as oil gas, petrochemicals, and power generation driving the demand for heat recovery steam generators.

4.3 Market Restraints

4.3.1 High initial investment costs associated with heat recovery steam generator installations.

4.3.2 Technical challenges related to integration with existing systems and equipment.

4.3.3 Fluctuating raw material prices impacting overall project costs.

5 Saudi Arabia Heat Recovery Steam Generator Market Trends

6 Saudi Arabia Heat Recovery Steam Generator Market, By Types

6.1 Saudi Arabia Heat Recovery Steam Generator Market, By Rated Power

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By Rated Power, 2021-2031F

6.1.3 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By Up to 30 MW, 2021-2031F

6.1.4 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By >30 MW, 2021-2031F

6.2 Saudi Arabia Heat Recovery Steam Generator Market, By Application

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By Combined cycle, 2021-2031F

6.2.3 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By CHP, 2021-2031F

6.3 Saudi Arabia Heat Recovery Steam Generator Market, By End User

6.3.1 Overview and Analysis

6.3.2 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By Utilities, 2021-2031F

6.3.3 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By Chemicals, 2021-2031F

6.3.4 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By Refineries, 2021-2031F

6.3.5 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By Pulp & Paper, 2021-2031F

6.3.6 Saudi Arabia Heat Recovery Steam Generator Market Revenues & Volume, By Commercial & Others, 2021-2031F

7 Saudi Arabia Heat Recovery Steam Generator Market Import-Export Trade Statistics

7.1 Saudi Arabia Heat Recovery Steam Generator Market Export to Major Countries

7.2 Saudi Arabia Heat Recovery Steam Generator Market Imports from Major Countries

8 Saudi Arabia Heat Recovery Steam Generator Market Key Performance Indicators

8.1 Average efficiency improvement achieved by heat recovery steam generators in Saudi Arabia.

8.2 Number of new government policies or regulations promoting the use of heat recovery steam generators.

8.3 Percentage increase in adoption of heat recovery steam generators across key industries in Saudi Arabia.

9 Saudi Arabia Heat Recovery Steam Generator Market - Opportunity Assessment

9.1 Saudi Arabia Heat Recovery Steam Generator Market Opportunity Assessment, By Rated Power, 2021 & 2031F

9.2 Saudi Arabia Heat Recovery Steam Generator Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Saudi Arabia Heat Recovery Steam Generator Market Opportunity Assessment, By End User, 2021 & 2031F

10 Saudi Arabia Heat Recovery Steam Generator Market - Competitive Landscape

10.1 Saudi Arabia Heat Recovery Steam Generator Market Revenue Share, By Companies, 2024

10.2 Saudi Arabia Heat Recovery Steam Generator Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All