Market Forecast By Regions (Asia Pacific, Africa, Middle East, Latin America, North America, And Europe), By Fuel Type (Natural Gas & Biomass, Coal, Oil, Others), By Boiler Type (Fire-Tube, Water-Tube), By Boiler Horsepower (10-150 BHP, 151-300 BHP, 301-600 BHP), By End-Use Industry (Chemical, Food, Refineries, Metals & Mining, Others) And Competitive Landscape
Product Code: ETC060856 | Publication Date: Jun 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Industrial Boilers Market report thoroughly covers the market by fuel type, boiler type, boiler horsepower, end-use industries, and regions including North America, Europe, Asia Pacific, Africa, Middle East, and Latin America. The Global Industrial Boilers Market outlook report provides an unbiased and detailed analysis of the ongoing Global Industrial Boilers market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Global Industrial Boilers Market is anticipated to register growth in the coming time zone. The Expansion of existing refineries, the growing replacement of conventional heating systems with energy-efficient systems, and the advancing demand for industrial boilers from the food & beverages industry have been the major drivers of the growth of the industrial boilers market. Furthermore, the demand for industrial boilers is rising due to ultra-mega power projects in developing economies which is also a major driving factor for the industrial Boiler Market Growth. The surging utilization of natural gas is one of the key driving factors in the development of the market. Stringent laws to regulate the harmful emission are accelerating the Industrial Boiler Market Share.
According to 6Wresearch, Global Industrial Boilers Market is expected to register growth throughout the forecast period 2021-2027. The increasing government initiatives to push clean energy and cut back dependency on fuel directly or indirectly can contribute to the growth of the market. However, the Cost of industrial boilers is largely differentiated due to the parameters of their design and the price of installation is very high which is a negative factor and can hinder the growth of the industrial boiler market. Further, the outbreak of the COVID-19 pandemic has created a negative impact on the growth of the Industrial Boiler market because it has affected the production of boilers because of the lockdowns and curfews. The production of boilers is suffering as the manufacturers are struggling to continue the operations while ensuring the maintenance of safety and health standards. The growing uncertainty around the pandemic is pushing industries to seek energy system solutions that can survive through this period of COVID-19.
The key market players in the global Boilers Market are Thermax Ltd. (India), GE, Alstom SA. (North America), Doosan Heavy Industries & Construction (South Korea), Siemens AG (Latin America), IHI Corporation (Japan), Babcock & Wilcox Enterprises, Inc. (US), Bharat Heavy Electricals Limited (BHEL) (India) and many more.
The regions which contribute the most to the Global Industrial Boilers Market are Europe, North America, and the Asia Pacific regions. Europe is expected to hold a substantial share of the Industrial Boilers Market. The reason is the acceptance of Industrial Boilers in the Food and beverage sector and the government policies to lower the emission of gases that are harmful to the environment. The UK, Africa, and Latin America are some of the key contributors to this region. Further, North America is also expected to grow at a high rate because of the presence of advancing demand in agriculture and the commercial sector. The U.S. is the major contributor to the North American region. The Industrial Boilers Market in the Asia Pacific region is anticipated to grow the highest during the year 2020-2025. The presence of a high population, a diverse range of manufacturing facilities, and the large-scale investment towards economic development in this region would further support the market growth. The countries like China, India, and Japan in the Asia Pacific are the key contributors to this market.
The Market report includes the following segments:
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 Global Industrial Boilers Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Industrial Boilers Market Revenues & Volume, 2020 & 2027F |
3.3 Global Industrial Boilers Market - Industry Life Cycle |
3.4 Global Industrial Boilers Market - Porter's Five Forces |
3.5 Global Industrial Boilers Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Global Industrial Boilers Market Revenues & Volume Share, By Fuel Type, 2020 & 2027F |
3.7 Global Industrial Boilers Market Revenues & Volume Share, By Boiler Type, 2020 & 2027F |
3.8 Global Industrial Boilers Market Revenues & Volume Share, By Boiler Horsepower, 2020 & 2027F |
3.9 Global Industrial Boilers Market Revenues & Volume Share, By End-use Industry, 2020 & 2027F |
4 Global Industrial Boilers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Industrial Boilers Market Trends |
6 Global Industrial Boilers Market, 2017 - 2027 |
6.1 Global Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
6.2 Global Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
6.3 Global Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
6.4 Global Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
7 North America Industrial Boilers Market, 2017 - 2027 |
7.1 North America Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
7.2 North America Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
7.3 North America Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
7.4 North America Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
8 Latin America Industrial Boilers Market, 2017 - 2027 |
8.1 Latin America Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
8.2 Latin America Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
8.3 Latin America Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
8.4 Latin America Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
9 Europe Industrial Boilers Market, 2017 - 2027 |
9.1 Europe Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
9.2 Europe Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
9.3 Europe Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
9.4 Europe Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
10 Middle East Industrial Boilers Market, 2017 - 2027 |
10.1 Middle East Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
10.2 Middle East Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
10.3 Middle East Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
10.4 Middle East Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
11 Africa Industrial Boilers Market, 2017 - 2027 |
11.1 Africa Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
11.2 Africa Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
11.3 Africa Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
11.4 Africa Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
12 Asia Pacific Industrial Boilers Market, 2017 - 2027 |
12.1 Asia Pacific Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
12.2 Asia Pacific Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
12.3 Asia Pacific Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
12.4 Asia Pacific Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
13 Global Industrial Boilers Market, 2017 - 2027 |
13.1 Global Industrial Boilers Market, Revenues & Volume, By Fuel Type, 2017 - 2027 |
13.2 Global Industrial Boilers Market, Revenues & Volume, By Boiler Type, 2017 - 2027 |
13.3 Global Industrial Boilers Market, Revenues & Volume, By Boiler Horsepower, 2017 - 2027 |
13.4 Global Industrial Boilers Market, Revenues & Volume, By End-use Industry, 2017 - 2027 |
14 Global Industrial Boilers Market Key Performance Indicators |
15 Global Industrial Boilers Market - Opportunity Assessment |
15.1 Global Industrial Boilers Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Global Industrial Boilers Market Opportunity Assessment, By Fuel Type, 2020 & 2027F |
15.3 Global Industrial Boilers Market Opportunity Assessment, By Boiler Type, 2020 & 2027F |
15.4 Global Industrial Boilers Market Opportunity Assessment, By Boiler Horsepower, 2020 & 2027F |
15.5 Global Industrial Boilers Market Opportunity Assessment, By End-use Industry, 2020 & 2027F |
16 Global Industrial Boilers Market - Competitive Landscape |
16.1 Global Industrial Boilers Market Revenue Share, By Companies, 2020 |
16.2 Global Industrial Boilers Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |