+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)


Global Fuel Flexible Boiler Market - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4514988
  • Report
  • Region: Global
  • 110 pages
  • Mordor Intelligence
until Dec 31st 2019
1 of 5


  • Alfa Laval Aalborg A/S
  • Alstom
  • Babcock & Wilcox
  • BHEL
  • Doosan Heavy Industries
  • Harbin Power Equipment
  • MORE
Majority of the world’s energy requirements is fulfilled by thermal power. Thermal power stations operate on the principle of ‘hot steam driving the turbines’ to generate electricity. The use of diverse fuel types ‘to generate steam’ differentiates the thermal power stations. Of the various fuels viz. oil, gas, coal, and nuclear; the majority of the fuel requirement by thermal power stations is met by coal. Coal is the most widely used fuel because of its availability around the world and low cost. To increase the power output, while controlling the pollution supercritical power projects have been promoted by major power producing nations. The usage of wide range of coals or even coal and biomass mixture in fuel flexible boilers provides multiple options as feedstock for energy generation. Moreover, the direction of the power sector is towards non-fossil fuel based technologies. So, the future demand is going to be for solar and biomass powered boilers.

Increasing Awareness about Clean Energy is Driving the Market

Globally, the increasing focus on cleaner energy solution that is capable of providing power efficiently. Moreover, the government support for better solution has resulted in complementing the demand for newer technology based power solutions. The demand for flexible fuel boilers emanate from development of new power plants based on solid fuels and replacement of old boiler with new ones.

Asia Pacific is Region with Highest Market Share

Asia Pacific region has highest share in fuel flexible boiler market, owing to huge demand of electricity in the region. The countries, such as China, India, etc. in Asia-Pacific region are highly dependent on solid fuel for power generation. Moreover, the surge in manufacturing Industry in the region is likely to promulgate the fuel flexible boiler market in near future.

China to Dominate the Market

China is anticipated to dominate the market for fuel flexible boilers on account of massive demand of power in the country. The robust industrial infrastructure in the country is one of the major driver for power generation infrastructure. The increased focus on tackling environmental issues has led to stringent rules and regulations to control the hazardous gas emissions would lead to renovation of aging power plants, which in turn, would drive the fuel flexible boiler market in China.

Key Developments in the Market
  • March 2018: NTPC completed the first phase of the 4GW Kudgi super thermal power station in the Indian state of Karnataka with the commissioning of a third unit, of 800MW capacity. Doosan Heavy Industries and Construction was given a contract to supply two supercritical coal-fired boilers through its Indian subsidiary Doosan Chennai Works
  • July 2017: The Johannesburg High Court cancelled a tender of R4 billion awarded to Dongfang for supply of a new boiler to Eskom at its Duvha power station in Mpumalanga
Major Players: AE&E Nanjing boiler Co.,Ltd, Alfa Laval Aalborg A/S, Alstom, BHEL, Babcock & Wilcox, Dongfang Electric Corporation Ltd(DEC), Doosan Heavy Industries, Harbin Power Equipment, Mitsubishi Hitachi power systems (MHPS), Siemens- Benson Boilers, Shanghai Boiler Works Co. Ltd, ThyssenKrupp Industries, amongst others.

Reasons to Purchase this Report
  • Current and future fuel flexible boiler market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report

This report can be customized to meet your requirements.
Note: Product cover images may vary from those shown
2 of 5


  • Alfa Laval Aalborg A/S
  • Alstom
  • Babcock & Wilcox
  • BHEL
  • Doosan Heavy Industries
  • Harbin Power Equipment
  • MORE
1. Executive Summary

2. Research Methodology

3. Market Overview
3.1 Introduction
3.2 Market Size and Demand Forecast until 2023
3.3 Recent Trends and Developments

4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities

5. Supply Chain Analysis

6. Industry Attractiveness - Porter’s Five Forces Analysis
6.1 Bargaining Power of Suppliers
6.2 Bargaining Power of Consumers
6.3 Threat of New Entrants
6.4 Threat of Substitutes
6.5 Intensity of Competitive Rivalry

7. Regional Market Analysis (Overview, Market Size, and Demand Forecast until 2023)
7.1 North America
7.1.1 United States
7.1.2 Canada
7.1.3 Rest of North America
7.2 Europe
7.2.1 Germany
7.2.2 United Kingdom
7.2.3 Russia
7.2.4 Rest of Europe
7.3 Asia-Pacific
7.3.1 China
7.3.2 India
7.3.3 Korea
7.5.4 Rest of of Asia-Pacific
7.4 South America
7.4.1 Brazil
7.4.2 Argentina
7.4.3 Venezuela
7.4.4 Rest of South America
7.5 Africa
7.5.1 South Africa
7.5.2 Nigeria
7.5.3 Egypt
7.5.4 Rest of Middle East & Africa

8. Market Segmentation and Analysis, By Type (Overview, Market Size, and Demand Forecast until 2023)
8.1 Circulating Fluidised Bed Combustion (CFBC) boiler
8.2 Atmospheric Fluidised Bed Combustion (AFBC)
8.3 Multi fuel firing boiler
8.4 Sub Critical boiler

9. Key Company Analysis* (Overview, Products & Services, Financials**, Recent Development, and Analyst View)
9.1 AE&E Nanjing boiler Co.,Ltd
9.2 Alfa Laval Aalborg A/S
9.3 Alstom
9.4 BHEL
9.5 Babcock & Wilcox
9.6 Dongfang Electric Corporation Ltd(DEC)
9.7 Doosan Heavy Industries
9.8 Harbin Power Equipment
9.9 Mitsubishi Hitachi power systems (MHPS)
9.10 Seimens- Benson Boilers
9.11 Shanghai Boiler Works Co. Ltd
9.12 ThyssenKrupp Industries

10. Competitive Landscape
10.1 Mergers and Acquisitions
10.2 Joint Ventures, Collaborations, and Agreements
10.3 Strategies Adopted by Leading Players

11. Disclaimer
*List not Exhaustive
**Subject to availability on public domain
Note: Product cover images may vary from those shown
3 of 5


4 of 5
  • AE&E Nanjing boiler Co.Ltd
  • Alfa Laval Aalborg A/S
  • Alstom
  • BHEL
  • Babcock & Wilcox
  • Dongfang Electric Corporation Ltd(DEC)
  • Doosan Heavy Industries
  • Harbin Power Equipment
  • Mitsubishi Hitachi power systems (MHPS)
  • Siemens- Benson Boilers
  • Shanghai Boiler Works Co. Ltd
  • ThyssenKrupp Industries
Note: Product cover images may vary from those shown
5 of 5