Quick Summary:
Embrace the opportunity to navigate the promising and dynamic Power Plant Boilers market with our comprehensive research report. Estimated at US$19 Billion in 2022, the market is projected to escalate to an impressive US$32 Billion by 2030. Our analysis offers crucial insights into this growth trajectory and the factors conducive to it.
From the U.S., with a solid market footing of $5.2 Billion, to China's soaring growth rate of 10.9% CAGR, our report covers a diverse geographical spectrum. Helping you understand key regional dynamics and identify lucrative pockets of growth. Furthermore, our report offers a detailed competitive landscape with profiles of leading players, such as ANDRITZ AG and Bharat Heavy Electricals Limited, among others. Herein lies your roadmap to strategic decision-making and future market dominance in the Power Plant Boilers industry.
Global Power Plant Boilers Market to Reach $32 Billion by 2030
The global market for Power Plant Boilers estimated at US$19 Billion in the year 2022, is projected to reach a revised size of US$32 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030. Pulverized Coal Towers, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$20.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Circulating Fluidized Bed Boilers segment is readjusted to a revised 5.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $5.2 Billion, While China is Forecast to Grow at 10.9% CAGR
The Power Plant Boilers market in the U.S. is estimated at US$5.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.3 Billion by the year 2030 trailing a CAGR of 10.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.Select Competitors (Total 44 Featured) -
- ANDRITZ AG
- Bharat Heavy Electricals Limited
- Bosch Industriekessel GmbH
- Cannon Far East
- China Western Power Industrial Co., Ltd.
- Cleaver-Brooks, Inc.
- Danstoker A/S
- Doosan Heavy Industries & Construction Co. Ltd.
- Doosan Lentjes GmbH
- GE Power
- Hangzhou Boiler Group Co., Ltd.
- Harbin Boiler Company Limited
- IHI Corporation
- John Wood Group PLC
- Mitsubishi Hitachi Power Systems, Ltd.
- Miura Co., Ltd.
- Outotec Oyj
- Shanghai SMEC Enterprise Co., Ltd.
- Sichuan Dongfang Boiler Group Co., Ltd.
- Siemens AG
- Sumitomo SHI FW
- Takuma Co., Ltd.
- Thermax Limited
- Valmet Oyj
- Wuhan Boiler Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Power Plant Boilers?
What is the growth rate of the Global Market for Power Plant Boilers?
What is the forecasted size of the Global Market for Power Plant Boilers?
Who are the key companies in the Global Market for Power Plant Boilers?
Report Attribute | Details |
---|---|
No. of Pages | 274 |
Published | December 2023 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 17.8 Billion |
Forecasted Market Value ( USD | $ 26.3 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ANDRITZ AG
- Bharat Heavy Electricals Limited
- Bosch Industriekessel GmbH
- Cannon Far East
- China Western Power Industrial Co., Ltd.
- Cleaver-Brooks, Inc.
- Danstoker A/S
- Doosan Heavy Industries & Construction Co. Ltd.
- Doosan Lentjes GmbH
- GE Power
- Hangzhou Boiler Group Co., Ltd.
- Harbin Boiler Company Limited
- IHI Corporation
- John Wood Group PLC
- Mitsubishi Hitachi Power Systems, Ltd.
- Miura Co., Ltd.
- Outotec Oyj
- Shanghai SMEC Enterprise Co., Ltd.
- Sichuan Dongfang Boiler Group Co., Ltd.
- Siemens AG
- Sumitomo SHI FW
- Takuma Co., Ltd.
- Thermax Limited
- Valmet Oyj
- Wuhan Boiler Co., Ltd.