Power boiler Market Information Report by Type (Pulverized Fuel, Circulation Fluidized Bed, & Others) by Technology (Supercritical, Subcritical, & Ultra-supercritical) by Fuel Type (Coal, Gas & oil) and by Region - Global Forecast to 2027
ID: MRFR/E&P/1263-HCR | February 2021 | Region: Global | 100 pages
Power Boilers Market Scenario
Power boiler market is expected to register a CAGR of about 3.64%. by USD 31 Billion
Power Boiler is basically a closed vessel into which water is heated until the water is converted to steam. The steam produced by the power boiler, transferred through piping to number of applications. In developing countries, due to rapid industrialization & urbanization, demand for the power is increases considerably. To meet this demand, government is heavily investing in new power plants which will drive the Power Boiler market. In developed countries, government is constructing the power plants using cleaner energy such as biomass, biogas which is another driving factor for the Power Boiler market.
Key Players
The leading players in the Power boiler markets are Siemens AG, Babcock & Wilcox, Mitsubishi Hitachi Power System, AMEC Foster Wheeler, Thermax Ltd, Harbin Electric, Hangzhou Boiler Group, and Alstom.
Study Objectives of Power boiler Market
- To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Global Power boiler Market
- To provide insights about factors affecting the market growth
- To Analyze the Global Power boiler Market based on various factors such as supply chain analysis, and Porter’s five force analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
- 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 segments by Type, by Technology, and by Fuel Type.
- To provide strategic profiling of 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 Power boiler Market
Market Segmentation
Regional Analysis of Power boilers
Asia-Pacific region is a major contributor to the Power boiler market because rapid industrialization in countries like China, India increases the demand for Power boiler. It is expected to grow at high rate and retain its majority by 2022. North America & Europe Power Boiler market is expected to grow at a decent rate. They are upgrading their existing power plants and setting up new cleaner fuel burning power plants to get more efficiency.
Global Power boiler Market, By Region, 2016 (USD billion)
Intended Audience
- Power boilers manufacturers
- Distributer & Supplier companies
- Power sector consultants and Investment bankers
- Energy & Power Associations
- Government as well as Independent Regulatory Authorities
Geographic Analysis
- Geographical analysis across 21 countries
Company Information
- Profiling of key market players
- SWOT analysis, and strategy information of top five profile players in the report
- Competitive landscape including emerging trends adopted by major companies
The report covers brief analysis of country level market information –
North America
- U. S.
- Canada
- Mexico
South America
- Brazil
- Argentina
- Rest Of South America
Europe
- Germany
- France
- Italy
- U. K.
- Spain
- Rest Of Europe
Asia–Pacific
- China
- India
- Japan
- Rest of Asia Pacific
Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest Of Middle East & Africa
The report for Global Power boiler 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, 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 | 2027: USD 31 Billion |
| CAGR | 3.64% CAGR (2020-2027) |
| 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, Technology, Fuel Type |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Siemens AG, Babcock & Wilcox, Mitsubishi Hitachi Power System, AMEC Foster Wheeler, Thermax Ltd, Harbin Electric, Hangzhou Boiler Group, and Alstom |
| Key Market Opportunities | Government is constructing the power plants using cleaner energy |
| Key Market Drivers |
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Frequently Asked Questions (FAQ) :
The global power boilers market is expected to record a substantial market valuation due to the increasing urbanization, demand for power, among others.
The global power boilers market is projected to register a moderate 4% CAGR in the forecast period.
The gas segment is slated to expand as the fastest-growing segment.
The pulverized fuel segment is slated to expand as the fastest-growing segment.
A few major market players operating in the global power boilers market are Siemens AG, Babcock & Wilcox, Mitsubishi Hitachi Power System, among others.