Industrial Boilers Market (Updated Version Available)

The report offers detailed coverage of Industrial Boilers industry and main market trends. A boiler is typically a closed vessel and has water stored inside it. In this heating system, a furnace is required to heat the boiler. Fuels such as coal are used to generate the heat. Subsequently, the heated air comes in contact with the vessel and convection takes place, heating the water inside the vessel. The heated water eventually produces steam.
On the basis of type, the fire-tube segment dominated the market in 2017 and is also projected to grow at a higher rate than the water-tube segment owing to the compact design and efficient operation of fire-tube boilers.
Based on boiler horsepower, the industrial boilers market was dominated by the 10-150 BHP segment. Most of the end-use industries, such as chemical and food, prefer boilers in the 10-150 BHP range. Rising demand from the food & beverages industry, which is a major market for 10-150 BHP boilers, is expected to drive the 10-150 BHP segment of the industrial boilers market.
The industrial boilers market in the Asia Pacific region is anticipated to grow at the highest CAGR between 2018 and 2023. Asia Pacific is a leading market for industrial boilers mainly due to rising industrialization of the region\'s emerging economies, such as China, India, and ASEAN countries. The region is a major consumer of boilers, which are used in the food, chemical, refining, and metals & mining industries.

The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Industrial Boilers by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Industrial Boilers market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2028.

COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Industrial Boilers market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.


First, this report covers the present status and the future prospects of the global Industrial Boilers market for 2015-2028.
In this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
AMEC Foster Wheeler
Babcock & Wilcox
Dongfang Electric
General Electric
Siemens
AC Boilers
Bharat Heavy Electricals
Harbin Electric
IHI
Mitsubishi Hitachi Power Systems
Thermax
Ab&Co Group
Alfa Laval
Andritz Energy & Environment
Suzhou Hailu
Robey-Wellman Boilers & Furnaces
Taiyuan Boiler
Vapor Power International
Superior Boiler Works
Bryan Steam
Hurst Boiler & Welding Company

At the same time, we classify Industrial Boilers according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Water-tube
Fire-tube
Market by Application
Food
Chemical
Refineries
Metals & Mining
Others

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Industrial Boilers market for the forecast period 2021 - 2028?
• What are the driving forces in the Industrial Boilers market for the forecast period 2021 - 2028?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Industrial Boilers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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