This Study includes Industrial Boilers Global Market forecast and historic data analysis by segments, leading companies, share, size, and region.
Industrial Boilers market key players studied are:
Some of the key players profiled in the industrial boilers market are Babcock & Wilcox Co. (U.S.), Thermax Ltd. (India), GE Alstom SA.(France), Doosan Heavy Industries & Construction (South Korea), Siemens AG (Germany), IHI Corporation (Japan), Dongfang Electric Corporation Ltd. (China), Bharat Heavy Electricals Ltd.(India), Harbin Power Equipment Co. Ltd.(China), Mitsubishi Heavy Industries Ltd.(Japan), Hitachi Ltd.(Japan).
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Market Synopsis:
The global market of Industrial Boiler is booming and expected to gain prominence over the forecast period. Global Industrial Boilers Market Information Report by End-Users (oil & gas, power, food & beverage, textile, pulp and paper, and others), by Type (Pulverized Coal Fired, Fluidized Bed, Packaged, Heat Recovery Steam Generators, and others), by fuel type (Oil, Coal, Gas, and other fuels), by pressure range (High and Low), and by Region – Forecast to 2027.
The Global Industrial Boiler Market is growing with the rapid pace; mainly due to growing demand from food processing sector. One of the foremost concerns of food processing firms is the elimination of microbiological threats. Heat is one of the most common methods utilized to reduce or eliminate any microbiological threats. Hence, there has been a rapid surge of integration of Industrial boilers into food processing industry, in recent times.
Industrial Boilers Market Drivers & Constraints:
Boilers are pressure vessels that are used to supply heated waste or steam to an industrial process. They are the primary equipment used in industries to for steam generation and supply. Widespread industrial application in chemical, oil & gas, food & beverage and power generation industries has significantly contributed to the demand for industrial boilers market. The Industrial boilers market is expected to register a CAGR of almost 6-7% in the next five years.
Industrial Boilers Market Segmentation:
On the basis of type, market is segmented into Pulverized Coal Fired, Fluidized Bed, Packaged, Heat Recovery Steam Generators, and others.
On the basis of fuel type, market is segmented into Oil, Coal, Gas, and other fuels.
On the basis of pressure range, market is segmented into High and Low.
On the basis of End-Users, market is segmented into oil & gas, power, food & beverage, textile, pulp and paper, and others.
Regional Outlook:
North America is the leading region for the industrial boilers market mainly due to the rising demand for energy. The European region is one of the leading regions for the automotive manufacturing which being dependent on the industrial boilers generates demand for the industrial boilers market. Increasing population and increasing demand for power generation has resulted in, the Asia-Pacific region being poised for developing at the highest growth rate.
The demand for energy is currently very high, combining that with the rapid rate of installation of power plants in the Asia-Pacific region, specifically India, China and Indonesia has resulted in high growth in the Industrial Boilers Market.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued
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