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Global Industrial Boilers Market by Fuel Type (Coal, Natural Gas & Biomass, Oil), Boiler Type (Fire-tube, Water-tube), Boiler Horsepower, End-Use Industry - Forecast 2023-2030

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    Report

  • 197 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5470720
UP TO OFF until Dec 31st 2024
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The Industrial Boilers Market size was estimated at USD 18.41 billion in 2022, USD 19.29 billion in 2023, and is expected to grow at a CAGR of 6.08% to reach USD 29.54 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Industrial Boilers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Industrial Boilers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Industrial Boilers Market, highlighting leading vendors and their innovative profiles. These include Alfa Laval AB, Andritz AG, Babcock & Wilcox Enterprises, Inc., Bharat Heavy Electricals Limited, Byworth Boilers Limited, Cleaver-Brooks, Inc., Dongfang Electric Corporation, ETA Heiztechnik GmbH, General Electric Company, Harbin Electric Corporation Co., Ltd., Hurst Boiler & Welding Co, Inc., IHI Corporation, Indeck Power Equipment Company, John Wood Group PLC, Mitsubishi Heavy Industries, Ltd., Miura Co., Ltd., Robert Bosch GmbH, Sid E. Parker Boiler Mfg. Company, Inc., Siemens AG, Sofinter S.p.A., Sussman Electric Boilers, and Thermax Limited.

Market Segmentation & Coverage

This research report categorizes the Industrial Boilers Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Fuel Type
    • Coal
    • Natural Gas & Biomass
    • Oil
  • Boiler Type
    • Fire-tube
    • Water-tube
  • Boiler Horsepower
    • 10-150 BHP
    • 151-300 BHP
    • 301-600 BHP
  • End-Use Industry
    • Chemical
    • Energy
    • Food
    • Metals & Mining
    • Refineries
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Industrial Boilers Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Industrial Boilers Market?
  3. What are the technology trends and regulatory frameworks in the Industrial Boilers Market?
  4. What is the market share of the leading vendors in the Industrial Boilers Market?
  5. Which modes and strategic moves are suitable for entering the Industrial Boilers Market?

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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Industrial Boilers Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rapid Increase in Industrialization and Increasing Number of Refineries
5.1.1.2. Demand for Green and Eco-Friendly Boilers
5.1.1.3. Increasing Demand for Electricity and Investment in Power Generation Plants
5.1.2. Restraints
5.1.2.1. Significant Capital Investment and High Cost of Installation
5.1.2.2. Limited Capacity of Fire-Tube Boiler
5.1.3. Opportunities
5.1.3.1. Technology Breakthroughs Associated with IIoT and Remote Monitoring in Industrial Boilers
5.1.3.2. Advances in Fire-Tube Heat Exchangers
5.1.4. Challenges
5.1.4.1. Issues Related to Scaling, Corrosion, and Slagging in Industrial Boilers
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Industrial Boilers Market, by Fuel Type
6.1. Introduction
6.2. Coal
6.3. Natural Gas & Biomass
6.4. Oil
7. Industrial Boilers Market, by Boiler Type
7.1. Introduction
7.2. Fire-tube
7.3. Water-tube
8. Industrial Boilers Market, by Boiler Horsepower
8.1. Introduction
8.2. 10-150 BHP
8.3. 151-300 BHP
8.4. 301-600 BHP
9. Industrial Boilers Market, by End-Use Industry
9.1. Introduction
9.2. Chemical
9.3. Energy
9.4. Food
9.5. Metals & Mining
9.6. Refineries
10. Americas Industrial Boilers Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Industrial Boilers Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Industrial Boilers Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Alfa Laval AB
14.1.2. Andritz AG
14.1.3. Babcock & Wilcox Enterprises, Inc.
14.1.4. Bharat Heavy Electricals Limited
14.1.5. Byworth Boilers Limited
14.1.6. Cleaver-Brooks, Inc.
14.1.7. Dongfang Electric Corporation
14.1.8. ETA Heiztechnik GmbH
14.1.9. General Electric Company
14.1.10. Harbin Electric Corporation Co., Ltd.
14.1.11. Hurst Boiler & Welding Co, Inc.
14.1.12. IHI Corporation
14.1.13. Indeck Power Equipment Company
14.1.14. John Wood Group PLC
14.1.15. Mitsubishi Heavy Industries, Ltd.
14.1.16. Miura Co., Ltd.
14.1.17. Robert Bosch GmbH
14.1.18. Sid E. Parker Boiler Mfg. Company, Inc.
14.1.19. Siemens AG
14.1.20. Sofinter S.p.A.
14.1.21. Sussman Electric Boilers
14.1.22. Thermax Limited
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
List of Figures
FIGURE 1. INDUSTRIAL BOILERS MARKET RESEARCH PROCESS
FIGURE 2. INDUSTRIAL BOILERS MARKET SIZE, 2022 VS 2030
FIGURE 3. INDUSTRIAL BOILERS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. INDUSTRIAL BOILERS MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. INDUSTRIAL BOILERS MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. INDUSTRIAL BOILERS MARKET DYNAMICS
FIGURE 7. INDUSTRIAL BOILERS MARKET SIZE, BY FUEL TYPE, 2022 VS 2030 (%)
FIGURE 8. INDUSTRIAL BOILERS MARKET SIZE, BY FUEL TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. INDUSTRIAL BOILERS MARKET SIZE, BY BOILER TYPE, 2022 VS 2030 (%)
FIGURE 10. INDUSTRIAL BOILERS MARKET SIZE, BY BOILER TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. INDUSTRIAL BOILERS MARKET SIZE, BY BOILER HORSEPOWER, 2022 VS 2030 (%)
FIGURE 12. INDUSTRIAL BOILERS MARKET SIZE, BY BOILER HORSEPOWER, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. INDUSTRIAL BOILERS MARKET SIZE, BY END-USE INDUSTRY, 2022 VS 2030 (%)
FIGURE 14. INDUSTRIAL BOILERS MARKET SIZE, BY END-USE INDUSTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS INDUSTRIAL BOILERS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 16. AMERICAS INDUSTRIAL BOILERS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES INDUSTRIAL BOILERS MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 18. UNITED STATES INDUSTRIAL BOILERS MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC INDUSTRIAL BOILERS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC INDUSTRIAL BOILERS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL BOILERS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL BOILERS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 23. INDUSTRIAL BOILERS MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 24. INDUSTRIAL BOILERS MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Alfa Laval AB
  • Andritz AG
  • Babcock & Wilcox Enterprises, Inc.
  • Bharat Heavy Electricals Limited
  • Byworth Boilers Limited
  • Cleaver-Brooks, Inc.
  • Dongfang Electric Corporation
  • ETA Heiztechnik GmbH
  • General Electric Company
  • Harbin Electric Corporation Co., Ltd.
  • Hurst Boiler & Welding Co, Inc.
  • IHI Corporation
  • Indeck Power Equipment Company
  • John Wood Group PLC
  • Mitsubishi Heavy Industries, Ltd.
  • Miura Co., Ltd.
  • Robert Bosch GmbH
  • Sid E. Parker Boiler Mfg. Company, Inc.
  • Siemens AG
  • Sofinter S.p.A.
  • Sussman Electric Boilers
  • Thermax Limited

Methodology

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Table Information