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Industrial Boiler Market 2025-2029

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    Report

  • 249 Pages
  • April 2025
  • Region: Global
  • TechNavio
  • ID: 5275036
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The industrial boiler market is forecasted to grow by USD 3.19 billion during 2024-2029, accelerating at a CAGR of 3.6% during the forecast period. The report on the industrial boiler market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising popularity of hybrid boilers, increasing demand for biomass boilers, and growth in global industrial activities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The industrial boiler market is segmented as below:

By Source

  • Gas fired boiler
  • Coal fired boiler
  • Oil fired boiler
  • Others

By End-user

  • Chemicals and petrochemicals
  • Food processing
  • Paper and pulp
  • Power generation
  • Others

By Type

  • Fire-tube boilers
  • Water-tube boilers

By Power Rating

  • 10-150 BHP
  • 51-300 BHP
  • 301-600 BHP

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the increasing popularity of electric boilers as one of the prime reasons driving the industrial boiler market growth during the next few years. Also, growing demand for multi-fuel boilers and availability of waste heat recovery boilers will lead to sizable demand in the market.

The report on the industrial boiler market covers the following areas:

  • Industrial Boiler Market sizing
  • Industrial Boiler Market forecast
  • Industrial Boiler Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial boiler market vendors that include Alfa Laval AB, Andritz AG, Babcock and Wilcox Enterprises Inc., Bharat Heavy Electricals Ltd., Byworth Boilers Ltd., Cheema Boilers Ltd., Cochran Ltd., Dongfang Electric Corp. Ltd., Forbes Marshall Pvt. Ltd., Gammon Engineers and Contractors Pvt. Ltd., Harbin Electric Corp., IHI Corp., John Wood Group PLC, Mitsubishi Heavy Industries Ltd., Parker Boiler Co., Rentech Boilers Systems Inc., Robert Bosch GmbH, Siemens AG, The Cleaver Brooks Co. Inc., and Thermax Ltd. Also, the industrial boiler market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Source
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Power Rating
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Industrial Boiler Market 2019 - 2023
Historic Market Size - Data Table on Global Industrial Boiler Market 2019 - 2023 ($ million)
5.2 Source segment analysis 2019 - 2023
Historic Market Size - Source Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.5 Power Rating segment analysis 2019 - 2023
Historic Market Size - Power Rating Segment 2019 - 2023 ($ million)
5.6 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.7 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Global Industrial Boiler Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Source
8.1 Market segments
Chart on Source - Market share 2024-2029 (%)
Data Table on Source - Market share 2024-2029 (%)
8.2 Comparison by Source
Chart on Comparison by Source
Data Table on Comparison by Source
8.3 Gas fired boiler - Market size and forecast 2024-2029
Chart on Gas fired boiler - Market size and forecast 2024-2029 ($ million)
Data Table on Gas fired boiler - Market size and forecast 2024-2029 ($ million)
Chart on Gas fired boiler - Year-over-year growth 2024-2029 (%)
Data Table on Gas fired boiler - Year-over-year growth 2024-2029 (%)
8.4 Coal fired boiler - Market size and forecast 2024-2029
Chart on Coal fired boiler - Market size and forecast 2024-2029 ($ million)
Data Table on Coal fired boiler - Market size and forecast 2024-2029 ($ million)
Chart on Coal fired boiler - Year-over-year growth 2024-2029 (%)
Data Table on Coal fired boiler - Year-over-year growth 2024-2029 (%)
8.5 Oil fired boiler - Market size and forecast 2024-2029
Chart on Oil fired boiler - Market size and forecast 2024-2029 ($ million)
Data Table on Oil fired boiler - Market size and forecast 2024-2029 ($ million)
Chart on Oil fired boiler - Year-over-year growth 2024-2029 (%)
Data Table on Oil fired boiler - Year-over-year growth 2024-2029 (%)
8.6 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Source
Market opportunity by Source ($ million)
Data Table on Market opportunity by Source ($ million)
9 Market Segmentation by End-user
9.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
9.3 Chemicals and petrochemicals - Market size and forecast 2024-2029
Chart on Chemicals and petrochemicals - Market size and forecast 2024-2029 ($ million)
Data Table on Chemicals and petrochemicals - Market size and forecast 2024-2029 ($ million)
Chart on Chemicals and petrochemicals - Year-over-year growth 2024-2029 (%)
Data Table on Chemicals and petrochemicals - Year-over-year growth 2024-2029 (%)
9.4 Food processing - Market size and forecast 2024-2029
Chart on Food processing - Market size and forecast 2024-2029 ($ million)
Data Table on Food processing - Market size and forecast 2024-2029 ($ million)
Chart on Food processing - Year-over-year growth 2024-2029 (%)
Data Table on Food processing - Year-over-year growth 2024-2029 (%)
9.5 Paper and pulp - Market size and forecast 2024-2029
Chart on Paper and pulp - Market size and forecast 2024-2029 ($ million)
Data Table on Paper and pulp - Market size and forecast 2024-2029 ($ million)
Chart on Paper and pulp - Year-over-year growth 2024-2029 (%)
Data Table on Paper and pulp - Year-over-year growth 2024-2029 (%)
9.6 Power generation - Market size and forecast 2024-2029
Chart on Power generation - Market size and forecast 2024-2029 ($ million)
Data Table on Power generation - Market size and forecast 2024-2029 ($ million)
Chart on Power generation - Year-over-year growth 2024-2029 (%)
Data Table on Power generation - Year-over-year growth 2024-2029 (%)
9.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
10 Market Segmentation by Type
10.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
10.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
10.3 Fire-tube boilers - Market size and forecast 2024-2029
Chart on Fire-tube boilers - Market size and forecast 2024-2029 ($ million)
Data Table on Fire-tube boilers - Market size and forecast 2024-2029 ($ million)
Chart on Fire-tube boilers - Year-over-year growth 2024-2029 (%)
Data Table on Fire-tube boilers - Year-over-year growth 2024-2029 (%)
10.4 Water-tube boilers - Market size and forecast 2024-2029
Chart on Water-tube boilers - Market size and forecast 2024-2029 ($ million)
Data Table on Water-tube boilers - Market size and forecast 2024-2029 ($ million)
Chart on Water-tube boilers - Year-over-year growth 2024-2029 (%)
Data Table on Water-tube boilers - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
11 Market Segmentation by Power Rating
11.1 Market segments
Chart on Power Rating - Market share 2024-2029 (%)
Data Table on Power Rating - Market share 2024-2029 (%)
11.2 Comparison by Power Rating
Chart on Comparison by Power Rating
Data Table on Comparison by Power Rating
10-150 BHP - Market size and forecast 2024-2029
Chart on 10-150 BHP - Market size and forecast 2024-2029 ($ million)
Data Table on 10-150 BHP - Market size and forecast 2024-2029 ($ million)
Chart on 10-150 BHP - Year-over-year growth 2024-2029 (%)
Data Table on 10-150 BHP - Year-over-year growth 2024-2029 (%)
51-300 BHP - Market size and forecast 2024-2029
Chart on 51-300 BHP - Market size and forecast 2024-2029 ($ million)
Data Table on 51-300 BHP - Market size and forecast 2024-2029 ($ million)
Chart on 51-300 BHP - Year-over-year growth 2024-2029 (%)
Data Table on 51-300 BHP - Year-over-year growth 2024-2029 (%)
301-600 BHP - Market size and forecast 2024-2029
Chart on 301-600 BHP - Market size and forecast 2024-2029 ($ million)
Data Table on 301-600 BHP - Market size and forecast 2024-2029 ($ million)
Chart on 301-600 BHP - Year-over-year growth 2024-2029 (%)
Data Table on 301-600 BHP - Year-over-year growth 2024-2029 (%)
11.6 Market opportunity by Power Rating
Market opportunity by Power Rating ($ million)
Data Table on Market opportunity by Power Rating ($ million)
12 Customer Landscape
12.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
13.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
13.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
13.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
13.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
13.5 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
13.6 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
13.7 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
13.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
13.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
13.10 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
13.11 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
13.12 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
13.13 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
13.14 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
13.15 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
13.16 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
13.17 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
13.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
14 Drivers, Challenges, and Opportunity/Restraints
14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints
15 Competitive Landscape
15.1 Overview
15.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
Overview on factors of disruption
15.4 Industry risks
Impact of key risks on business
16 Competitive Analysis
16.1 Companies profiled
Companies covered
16.2 Company ranking index
Company ranking index
16.3 Market positioning of companies
Matrix on companies position and classification
16.4 Alfa Laval AB
Alfa Laval AB - Overview
Alfa Laval AB - Business segments
Alfa Laval AB - Key news
Alfa Laval AB - Key offerings
Alfa Laval AB - Segment focus
SWOT
16.5 Andritz AG
Andritz AG - Overview
Andritz AG - Business segments
Andritz AG - Key news
Andritz AG - Key offerings
Andritz AG - Segment focus
SWOT
16.6 Babcock and Wilcox Enterprises Inc.
Babcock and Wilcox Enterprises Inc. - Overview
Babcock and Wilcox Enterprises Inc. - Business segments
Babcock and Wilcox Enterprises Inc. - Key news
Babcock and Wilcox Enterprises Inc. - Key offerings
Babcock and Wilcox Enterprises Inc. - Segment focus
SWOT
16.7 Bharat Heavy Electricals Ltd.
Bharat Heavy Electricals Ltd. - Overview
Bharat Heavy Electricals Ltd. - Business segments
Bharat Heavy Electricals Ltd. - Key news
Bharat Heavy Electricals Ltd. - Key offerings
Bharat Heavy Electricals Ltd. - Segment focus
SWOT
16.8 Byworth Boilers Ltd.
Byworth Boilers Ltd. - Overview
Byworth Boilers Ltd. - Product / Service
Byworth Boilers Ltd. - Key offerings
SWOT
16.9 Cochran Ltd.
Cochran Ltd. - Overview
Cochran Ltd. - Product / Service
Cochran Ltd. - Key offerings
SWOT
16.10 Dongfang Electric Corp. Ltd.
Dongfang Electric Corp. Ltd. - Overview
Dongfang Electric Corp. Ltd. - Product / Service
Dongfang Electric Corp. Ltd. - Key offerings
SWOT
16.11 Forbes Marshall Pvt. Ltd.
Forbes Marshall Pvt. Ltd. - Overview
Forbes Marshall Pvt. Ltd. - Product / Service
Forbes Marshall Pvt. Ltd. - Key offerings
SWOT
16.12 IHI Corp.
IHI Corp. - Overview
IHI Corp. - Business segments
IHI Corp. - Key offerings
IHI Corp. - Segment focus
SWOT
16.13 John Wood Group PLC
John Wood Group PLC - Overview
John Wood Group PLC - Business segments
John Wood Group PLC - Key offerings
John Wood Group PLC - Segment focus
SWOT
16.14 Mitsubishi Heavy Industries Ltd.
Mitsubishi Heavy Industries Ltd. - Overview
Mitsubishi Heavy Industries Ltd. - Business segments
Mitsubishi Heavy Industries Ltd. - Key news
Mitsubishi Heavy Industries Ltd. - Key offerings
Mitsubishi Heavy Industries Ltd. - Segment focus
SWOT
16.15 Parker Boiler Co.
Parker Boiler Co. - Overview
Parker Boiler Co. - Product / Service
Parker Boiler Co. - Key offerings
SWOT
16.16 Robert Bosch GmbH
Robert Bosch GmbH - Overview
Robert Bosch GmbH - Product / Service
Robert Bosch GmbH - Key news
Robert Bosch GmbH - Key offerings
SWOT
16.17 The Cleaver Brooks Co. Inc.
The Cleaver Brooks Co. Inc. - Overview
The Cleaver Brooks Co. Inc. - Product / Service
The Cleaver Brooks Co. Inc. - Key offerings
SWOT
16.18 Thermax Ltd.
Thermax Ltd. - Overview
Thermax Ltd. - Business segments
Thermax Ltd. - Key news
Thermax Ltd. - Key offerings
Thermax Ltd. - Segment focus
SWOT
17 Appendix
17.1 Scope of the report
17.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
17.3 Currency conversion rates for US$
Currency conversion rates for US$
17.4 Research methodology
Research methodology
17.5 Data procurement
Information sources
17.6 Data validation
Data validation
17.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
17.8 Data synthesis
Data synthesis
17.9 360 degree market analysis
360 degree market analysis
17.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Source
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Market Segmentation by Type
Exhibits 8: Executive Summary - Chart on Market Segmentation by Power Rating
Exhibits 9: Executive Summary - Chart on Incremental Growth
Exhibits 10: Executive Summary - Data Table on Incremental Growth
Exhibits 11: Executive Summary - Chart on Company Market Positioning
Exhibits 12: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 13: Overview on criticality of inputs and factors of differentiation
Exhibits 14: Overview on factors of disruption
Exhibits 15: Impact of drivers and challenges in 2024 and 2029
Exhibits 16: Parent Market
Exhibits 17: Data Table on - Parent Market
Exhibits 18: Market characteristics analysis
Exhibits 19: Value chain analysis
Exhibits 20: Offerings of companies included in the market definition
Exhibits 21: Market segments
Exhibits 22: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 24: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 26: Historic Market Size - Data Table on Global Industrial Boiler Market 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Source Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Power Rating Segment 2019 - 2023 ($ million)
Exhibits 31: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 32: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 33: Five forces analysis - Comparison between 2024 and 2029
Exhibits 34: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 35: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 37: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 38: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 39: Chart on Market condition - Five forces 2024 and 2029
Exhibits 40: Chart on Source - Market share 2024-2029 (%)
Exhibits 41: Data Table on Source - Market share 2024-2029 (%)
Exhibits 42: Chart on Comparison by Source
Exhibits 43: Data Table on Comparison by Source
Exhibits 44: Chart on Gas fired boiler - Market size and forecast 2024-2029 ($ million)
Exhibits 45: Data Table on Gas fired boiler - Market size and forecast 2024-2029 ($ million)
Exhibits 46: Chart on Gas fired boiler - Year-over-year growth 2024-2029 (%)
Exhibits 47: Data Table on Gas fired boiler - Year-over-year growth 2024-2029 (%)
Exhibits 48: Chart on Coal fired boiler - Market size and forecast 2024-2029 ($ million)
Exhibits 49: Data Table on Coal fired boiler - Market size and forecast 2024-2029 ($ million)
Exhibits 50: Chart on Coal fired boiler - Year-over-year growth 2024-2029 (%)
Exhibits 51: Data Table on Coal fired boiler - Year-over-year growth 2024-2029 (%)
Exhibits 52: Chart on Oil fired boiler - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Data Table on Oil fired boiler - Market size and forecast 2024-2029 ($ million)
Exhibits 54: Chart on Oil fired boiler - Year-over-year growth 2024-2029 (%)
Exhibits 55: Data Table on Oil fired boiler - Year-over-year growth 2024-2029 (%)
Exhibits 56: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 58: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 59: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 60: Market opportunity by Source ($ million)
Exhibits 61: Data Table on Market opportunity by Source ($ million)
Exhibits 62: Chart on End-user - Market share 2024-2029 (%)
Exhibits 63: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 64: Chart on Comparison by End-user
Exhibits 65: Data Table on Comparison by End-user
Exhibits 66: Chart on Chemicals and petrochemicals - Market size and forecast 2024-2029 ($ million)
Exhibits 67: Data Table on Chemicals and petrochemicals - Market size and forecast 2024-2029 ($ million)
Exhibits 68: Chart on Chemicals and petrochemicals - Year-over-year growth 2024-2029 (%)
Exhibits 69: Data Table on Chemicals and petrochemicals - Year-over-year growth 2024-2029 (%)
Exhibits 70: Chart on Food processing - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Data Table on Food processing - Market size and forecast 2024-2029 ($ million)
Exhibits 72: Chart on Food processing - Year-over-year growth 2024-2029 (%)
Exhibits 73: Data Table on Food processing - Year-over-year growth 2024-2029 (%)
Exhibits 74: Chart on Paper and pulp - Market size and forecast 2024-2029 ($ million)
Exhibits 75: Data Table on Paper and pulp - Market size and forecast 2024-2029 ($ million)
Exhibits 76: Chart on Paper and pulp - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on Paper and pulp - Year-over-year growth 2024-2029 (%)
Exhibits 78: Chart on Power generation - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Data Table on Power generation - Market size and forecast 2024-2029 ($ million)
Exhibits 80: Chart on Power generation - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on Power generation - Year-over-year growth 2024-2029 (%)
Exhibits 82: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 84: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 86: Market opportunity by End-user ($ million)
Exhibits 87: Data Table on Market opportunity by End-user ($ million)
Exhibits 88: Chart on Type - Market share 2024-2029 (%)
Exhibits 89: Data Table on Type - Market share 2024-2029 (%)
Exhibits 90: Chart on Comparison by Type
Exhibits 91: Data Table on Comparison by Type
Exhibits 92: Chart on Fire-tube boilers - Market size and forecast 2024-2029 ($ million)
Exhibits 93: Data Table on Fire-tube boilers - Market size and forecast 2024-2029 ($ million)
Exhibits 94: Chart on Fire-tube boilers - Year-over-year growth 2024-2029 (%)
Exhibits 95: Data Table on Fire-tube boilers - Year-over-year growth 2024-2029 (%)
Exhibits 96: Chart on Water-tube boilers - Market size and forecast 2024-2029 ($ million)
Exhibits 97: Data Table on Water-tube boilers - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Chart on Water-tube boilers - Year-over-year growth 2024-2029 (%)
Exhibits 99: Data Table on Water-tube boilers - Year-over-year growth 2024-2029 (%)
Exhibits 100: Market opportunity by Type ($ million)
Exhibits 101: Data Table on Market opportunity by Type ($ million)
Exhibits 102: Chart on Power Rating - Market share 2024-2029 (%)
Exhibits 103: Data Table on Power Rating - Market share 2024-2029 (%)
Exhibits 104: Chart on Comparison by Power Rating
Exhibits 105: Data Table on Comparison by Power Rating
Exhibits 106: Chart on 10-150 BHP - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Data Table on 10-150 BHP - Market size and forecast 2024-2029 ($ million)
Exhibits 108: Chart on 10-150 BHP - Year-over-year growth 2024-2029 (%)
Exhibits 109: Data Table on 10-150 BHP - Year-over-year growth 2024-2029 (%)
Exhibits 110: Chart on 51-300 BHP - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Data Table on 51-300 BHP - Market size and forecast 2024-2029 ($ million)
Exhibits 112: Chart on 51-300 BHP - Year-over-year growth 2024-2029 (%)
Exhibits 113: Data Table on 51-300 BHP - Year-over-year growth 2024-2029 (%)
Exhibits 114: Chart on 301-600 BHP - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Data Table on 301-600 BHP - Market size and forecast 2024-2029 ($ million)
Exhibits 116: Chart on 301-600 BHP - Year-over-year growth 2024-2029 (%)
Exhibits 117: Data Table on 301-600 BHP - Year-over-year growth 2024-2029 (%)
Exhibits 118: Market opportunity by Power Rating ($ million)
Exhibits 119: Data Table on Market opportunity by Power Rating ($ million)
Exhibits 120: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 121: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 122: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 123: Chart on Geographic comparison
Exhibits 124: Data Table on Geographic comparison
Exhibits 125: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on South America - Year-over-year growth 2024-2029 (%)

Executive Summary

The following companies are recognized as the key players in the global industrial boiler market: Alfa Laval AB, Andritz AG, Babcock and Wilcox Enterprises Inc., Bharat Heavy Electricals Ltd., Byworth Boilers Ltd., Cheema Boilers Ltd., Cochran Ltd., Dongfang Electric Corp. Ltd., Forbes Marshall Pvt. Ltd., Gammon Engineers and Contractors Pvt. Ltd., Harbin Electric Corp., IHI Corp., John Wood Group PLC, Mitsubishi Heavy Industries Ltd., Parker Boiler Co., Rentech Boilers Systems Inc., Robert Bosch GmbH, Siemens AG, The Cleaver Brooks Co. Inc., and Thermax Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing popularity of electric boilers."

According to the report, one of the major drivers for this market is the rising popularity of hybrid boilers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alfa Laval AB
  • Andritz AG
  • Babcock and Wilcox Enterprises Inc.
  • Bharat Heavy Electricals Ltd.
  • Byworth Boilers Ltd.
  • Cheema Boilers Ltd.
  • Cochran Ltd.
  • Dongfang Electric Corp. Ltd.
  • Forbes Marshall Pvt. Ltd.
  • Gammon Engineers and Contractors Pvt. Ltd.
  • Harbin Electric Corp.
  • IHI Corp.
  • John Wood Group PLC
  • Mitsubishi Heavy Industries Ltd.
  • Parker Boiler Co.
  • Rentech Boilers Systems Inc.
  • Robert Bosch GmbH
  • Siemens AG
  • The Cleaver Brooks Co. Inc.
  • Thermax Ltd.

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