Market Overview:
The global once-through steam generator (OTSG) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and rising concerns over environmental pollution. In terms of type, the 0-60 MW segment is expected to dominate the market during the forecast period, owing to its low installation and operational costs. However, the 100 MW & above segment is projected to grow at a higher CAGR due to its ability to generate more power output as compared with other types of generators.
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Product Definition:
A once-through steam generator (OTSG) is a device used to produce steam by heating water using combustion. The water is heated and then passed through a turbine, which powers an electric generator.
0-60 MW:
0-60 MW is the name given to a specific type of steam generator that can generate 60 MWth/hour. It is also known as the supercritical or ultra-supercritical thermal power plant. These plants are used for generating electricity and for producing process heat in various industries such as petrochemical, cement, iron & steel, pulp & paper and others.
U.
60-100 MW:
The once-through steam generator (Otsg) market size was valued at USD 3.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The co-generation segment dominated the global market, accounting for a share of over 60.0% in 2017. The growth can be attributed to the growing demand for electricity and industrial applications across countries, such as China, India and Japan. Furthermore, technological advancements in once-through steam generators are expected to drive their demand further during the forecast period. For instance, OTSG with combined cycle efficiency is more efficient compared to other technologies owing to its ability to utilize both thermal energy and mechanical energy simultaneously through turbines along with OTSG's ability to operate at lower costs than other power generation technologies such as coal or gas combustion turbine coupled with its ease of operation makes it an ideal solution for Combined Heat & Power (CHP) application across industries including food & beverage processing and distilling alcohols which will provide significant growth opportunities during the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% over the forecast period. The growth can be attributed to increasing coal bed methane (CBM) production in countries, such as China and India, which has led to an increase in CBM utilization for industrial processes as well as power generation applications. Furthermore, economic development and favorable government policies aimed at promoting energy efficiency are anticipated to drive OTSG installations across end-use industries within Asia Pacific region.
The Middle East & Africa was one of the largest regional markets for once-through steam generator owing its large thermal capacity coupled with high oil & gas production levels within countries including Saudi Arabia and UAE’s energy mix makeup represents approximately 40% of total electricity demand during peak hours alone.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Stringent environmental regulations for power plants that use traditional technologies such as coal or oil
- Rising prices of fossil fuels
- Development of new high-efficiency OTSG technology
- Growing popularity of combined cycle power plants
Scope Of The Report
Report Attributes
Report Details
Report Title
Once-through Steam Generator (OTSG) Market Research Report
By Type
0-60 MW, 60-100 MW, 100 MW & Above
By Application
Co-generation (Process Heating), Combined Cycle, Combined Heat & Power (CHP)
By Companies
Nooter Eriksen, BHI, Alstom Power, CMI Energy, Doosan E&C, NEM Energy, VOGT Power, STF, Babcock & Wilcox, Mitsubishi, Nooter Eriksen, Hangzhou Boiler, BHEL, Wuxi Huaguang
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Once-through Steam Generator (OTSG) Market Report Segments:
The global Once-through Steam Generator (OTSG) market is segmented on the basis of:
Types
0-60 MW, 60-100 MW, 100 MW & Above
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Co-generation (Process Heating), Combined Cycle, Combined Heat & Power (CHP)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nooter Eriksen
- BHI
- Alstom Power
- CMI Energy
- Doosan E&C
- NEM Energy
- VOGT Power
- STF
- Babcock & Wilcox
- Mitsubishi
- Nooter Eriksen
- Hangzhou Boiler
- BHEL
- Wuxi Huaguang
 Market Overview.svg)
Highlights of The Once-through Steam Generator (OTSG) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0-60 MW
- 60-100 MW
- 100 MW & Above
- By Application:
- Co-generation (Process Heating)
- Combined Cycle
- Combined Heat & Power (CHP)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Once-through Steam Generator (OTSG) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Once-through steam generators (OTSGs) are a type of thermal energy storage system that uses the heat from combustion to produce steam, which can then be used to generate electricity. OTSGs can provide an emergency power source for critical infrastructure, such as hospitals and factories.
Some of the key players operating in the once-through steam generator (otsg) market are Nooter Eriksen, BHI, Alstom Power, CMI Energy, Doosan E&C, NEM Energy, VOGT Power, STF, Babcock & Wilcox, Mitsubishi, Nooter Eriksen, Hangzhou Boiler, BHEL, Wuxi Huaguang.
The once-through steam generator (otsg) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Once-through Steam Generator (OTSG) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Once-through Steam Generator (OTSG) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Once-through Steam Generator (OTSG) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Once-through Steam Generator (OTSG) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Once-through Steam Generator (OTSG) Market Size & Forecast, 2020-2028
4.5.1 Once-through Steam Generator (OTSG) Market Size and Y-o-Y Growth
4.5.2 Once-through Steam Generator (OTSG) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 0-60 MW
5.2.2 60-100 MW
5.2.3 100 MW & Above
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Co-generation (Process Heating)
6.2.2 Combined Cycle
6.2.3 Combined Heat & Power (CHP)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Once-through Steam Generator (OTSG) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Once-through Steam Generator (OTSG) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 0-60 MW
9.6.2 60-100 MW
9.6.3 100 MW & Above
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Co-generation (Process Heating)
9.10.2 Combined Cycle
9.10.3 Combined Heat & Power (CHP)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 0-60 MW
10.6.2 60-100 MW
10.6.3 100 MW & Above
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Co-generation (Process Heating)
10.10.2 Combined Cycle
10.10.3 Combined Heat & Power (CHP)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 0-60 MW
11.6.2 60-100 MW
11.6.3 100 MW & Above
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Co-generation (Process Heating)
11.10.2 Combined Cycle
11.10.3 Combined Heat & Power (CHP)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 0-60 MW
12.6.2 60-100 MW
12.6.3 100 MW & Above
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Co-generation (Process Heating)
12.10.2 Combined Cycle
12.10.3 Combined Heat & Power (CHP)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 0-60 MW
13.6.2 60-100 MW
13.6.3 100 MW & Above
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Co-generation (Process Heating)
13.10.2 Combined Cycle
13.10.3 Combined Heat & Power (CHP)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Once-through Steam Generator (OTSG) Market: Competitive Dashboard
14.2 Global Once-through Steam Generator (OTSG) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nooter Eriksen
14.3.2 BHI
14.3.3 Alstom Power
14.3.4 CMI Energy
14.3.5 Doosan E&C
14.3.6 NEM Energy
14.3.7 VOGT Power
14.3.8 STF
14.3.9 Babcock & Wilcox
14.3.10 Mitsubishi
14.3.11 Nooter Eriksen
14.3.12 Hangzhou Boiler
14.3.13 BHEL
14.3.14 Wuxi Huaguang
