Boiler System Market Research Report – Forecast to 2027

Boiler System Market Information Report by Type (Oil Fired, Gas Fired), by Capacity (upto 20 Tonnes, 20 to 40 Tonnes, 40 to 50 Tonnes) - Forecast To 2027.

ID: MRFR/E&P/2528-CR | April 2017 | Region: Global | 111 pages

Boiler System Market Synopsis


Boiler system market was valued at USD 1,900.4 million in 2014, and is expected to reach USD 24.92 billion by 2027. CAGR 4.84% by 2027


Boiler is a pressure vessel that is used to create and supply steam required for various processes within industries. Industrial Boilers are extensively used across industries such as metal, food & beverage and chemical. The recent trends in the industrial boiler market suggest increasing demand for higher efficiency and effectively. The growth of Global boiler system is due to factors such as significant growth in the food processing sector and growing demand for clean energy sources. However, high maintenance cost is the major restraint that could hinder the market growth.


Key Players


Danstoker Boilers (Denmark), Bosch Industriekessel (Germany), Babcock & Wilcox Enterprises, Inc. (U.S.), AC Boilers S.p.A (Italy), Mitsubishi Hitachi Power Systems, Ltd. (Japan), ATTSU Termica (Spain), Rentech Boilers (U.S.), Byworth Boilers (U.K.),  Proodos Industrial Boilers (Greece), and Siemens AG (Germany) are some of the leading players operating in this market.


Study objectives of Global Boiler System Market



  • To provide detailed analysis of the market structure along with forecast for the next ten years of various segments and sub-segments of the Global boiler system market.

  • To provide insights about factors affecting the market growth

  • To analyze Global boiler system market based on various tools such as Price Analysis, Supply Chain Analysis and Porters Five Force Analysis.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to countries –North America, Europe, Asia-Pacific, Rest of the world.

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segment by type, by capacity and by countries.

  • To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global boiler system market. 


Segmentation


Boiler System Market


Regional Analysis of Global Boiler System Market


Europe and Asia-Pacific are expected to witness significant growth during the forecast period mainly due to the presence of established manufacturing industries which support the growth of the boiler system market. Rising rate of industrialization and increasing demand for energy in the Asia-pacific region are also expected to boost the sales in the global boiler system market.


Target Audience



  • Manufactures

  • Raw Materials Suppliers

  • Aftermarket suppliers

  • Research Institute / Education Institute

  • Potential Investors

  • Key executive (CEO and COO) and strategy growth manager


Product Analysis 



  • Product matrix which gives a detailed comparison of the market for different recycled product types


Additional Information



  • Regulatory Landscape

  • Pricing Analysis

  • Macroeconomic Indicators


Geographic Analysis 



  • Geographical analysis across 15 countries


Company Information



  • Profiling of 10 key  market players

  • In-depth analysis including SWOT analysis, and strategy  information of related to report title

  • Competitive landscape including emerging trends adopted by major companies 


The report for global boiler System market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   2022: USD 24.92 billion
  CAGR   2027: 4.83% CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Capacity
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Danstoker Boilers (Denmark), Bosch Industriekessel (Germany), Babcock & Wilcox Enterprises, Inc. (U.S.), AC Boilers S.p.A (Italy), Mitsubishi Hitachi Power Systems, Ltd. (Japan), ATTSU Termica (Spain), Rentech Boilers (U.S.), Byworth Boilers (U.K.), Proodos Industrial Boilers (Greece), and Siemens AG (Germany)
  Key Market Opportunities   Shifting Focus Towards High Performance Boilers
  Key Market Drivers

  • Significant Growth In The Food Processing Sector
  • Growing Demand For Clean Energy Sources


  • Frequently Asked Questions (FAQ) :


    The boiler system market can thrive at a high CAGR by 2022.

    By 2022, the global market of boiler system can value at USD 3,573.6 Mn.

    Rentech Boilers (U.S.), Proodos Industrial Boilers (Greece), and Byworth Boilers (U.K.) are some key players of the boiler system market.

    The global boiler system market can be propelled by the expansion of the manufacturing industry.

    The presence of numerous manufacturing units in the APAC region can bolster the regional market growth.

    In 2014, the global market of boiler system valued at USD 1,900.4 Mn.

    Boiler systems are two types, they are oil fired and gas fired.