The global power plant boiler market size was USD 21.43 billion in 2022 and is expected to register a rapid revenue CAGR of 5.4% during the forecast period. Increasing need for energy across the globe, aging infrastructure replacement, and rising demand for clean fossil fuels are major factors driving market revenue growth.
The researchers have considered all the factors influencing the growth of the Power Plant Boiler market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Power Plant Boiler market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Power Plant Boiler market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
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Competitive Outlook: The leading companies operating in the Power Plant Boiler market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Power Plant Boiler Market and Profiled in the Report are:
ABB, General Electric, MITSUBISHI HEAVY INDUSTRIES, LTD., Babcock & Wilcox Enterprises, Inc., Siemens, Thermax Limited, Bharat Heavy Electricals Limited (BHEL), ANDRITZ, Dongfang Electric Corporation (DEC), Doosan Corporation., IHI Corporation, ADNOC Group, JOHN WOOD GROUP, Sumitomo Heavy Industries, Ltd., and Valmet
Objectives of the Report:
Study of the global Power Plant Boiler market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Power Plant Boiler market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Power Plant Boiler market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Power Plant Boiler market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Type Outlook (Revenue, USD Billion; 2019-2032)
- Pulverized Fuel Boiler
- Fluidized Bed Combustion (FBC) Boiler
-
Tube Content Outlook (Revenue, USD Billion; 2019-2032)
- Fire Tube
- Water Tube
-
Fuel Type Outlook (Revenue, USD Billion; 2019-2032)
- Solid Fired
- Oil Fired
- Gas Fired
- Others
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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