Global Steam Boiler Systems Market to Reach $21.9 Billion by 2030
The global market for Steam Boiler Systems estimated at US$16.6 Billion in the year 2022, is projected to reach a revised size of US$21.9 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2022-2030. Coal Fired, one of the segments analyzed in the report, is projected to record 3.2% CAGR and reach US$9.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Oil Fired segment is readjusted to a revised 3.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.5 Billion, While China is Forecast to Grow at 5.4% CAGR
The Steam Boiler Systems market in the U.S. is estimated at US$4.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.Select Competitors (Total 46 Featured) -
- Alfa Laval AB
- Amec Foster Wheeler PLC
- Bharat Heavy Electricals Ltd.
- Bosch Industriekessel GmbH
- Byworth Boilers
- Cleaver-Brooks, Inc.
- Cochran Ltd.
- Devotion Machineries Co., Ltd.
- Doosan Heavy Industries & Construction Co., Ltd.
- Forbes Marshall Pvt., Ltd.
- Fulton Boiler Works, Inc.
- General Electric Company
- Hurst Boiler & Welding Co, Inc.
- Mitsubishi Heavy Industries Ltd.
- Parker Boiler Company
- RENTECH Boiler Systems, Inc.
- Siemens AG
- Thermax Global
- Thermodyne Engineering System
- Vapor Power International
- Viessmann Ltd.
- Zhengzhou Boiler (Group) 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
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alfa Laval AB
- Amec Foster Wheeler PLC
- Bharat Heavy Electricals Ltd.
- Bosch Industriekessel GmbH
- Byworth Boilers
- Cleaver-Brooks, Inc.
- Cochran Ltd.
- Devotion Machineries Co., Ltd.
- Doosan Heavy Industries & Construction Co., Ltd.
- Forbes Marshall Pvt., Ltd.
- Fulton Boiler Works, Inc.
- General Electric Company
- Hurst Boiler & Welding Co, Inc.
- Mitsubishi Heavy Industries Ltd.
- Parker Boiler Company
- RENTECH Boiler Systems, Inc.
- Siemens AG
- Thermax Global
- Thermodyne Engineering System
- Vapor Power International
- Viessmann Ltd.
- Zhengzhou Boiler (Group) Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 246 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 16.6 Billion |
Forecasted Market Value ( USD | $ 21.9 Billion |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |