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 | |
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.
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.
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.
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.
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.
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 |