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
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 274 |
Published | March 2024 |
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 |