Global Boiler Control Market to Reach $2.7 Billion by 2030
The global market for Boiler Control estimated at US$2.1 Billion in the year 2022, is projected to reach a revised size of US$2.7 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2022-2030. On / Off, one of the segments analyzed in the report, is projected to record 3.2% CAGR and reach US$1.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Modulating segment is readjusted to a revised 4% CAGR for the next 8-year period.The U.S. Market is Estimated at $568.3 Million, While China is Forecast to Grow at 6% CAGR
The Boiler Control market in the U.S. is estimated at US$568.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$560.4 Million by the year 2030 trailing a CAGR of 6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.Select Competitors (Total 18 Featured) -
- ABB Group
- Burnham Commercial
- Cleaver-Brooks, Inc.
- Emerson Electric Co.
- HBX Control Systems Inc.
- Honeywell International, Inc.
- Micromod Automation
- Schneider Electric SE
- Siemens AG
- Spirax-Sarco Ltd.
- Weil-Mclain
- Yokogawa Electric Corporation
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
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Group
- Burnham Commercial
- Cleaver-Brooks, Inc.
- Emerson Electric Co.
- HBX Control Systems Inc.
- Honeywell International, Inc.
- Micromod Automation
- Schneider Electric SE
- Siemens AG
- Spirax-Sarco Ltd.
- Weil-Mclain
- Yokogawa Electric Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 232 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.1 Billion |
Forecasted Market Value ( USD | $ 2.7 Billion |
Compound Annual Growth Rate | 3.2% |
Regions Covered | Global |