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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.Speak directly to the analyst to clarify any post sales queries you may have.
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
The report on the industrial boiler market covers the following areas:
- Industrial Boiler Market sizing
- Industrial Boiler Market forecast
- Industrial Boiler Market industry analysis
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
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Source
9 Market Segmentation by End-user
10 Market Segmentation by Type
11 Market Segmentation by Power Rating
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
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.
