세계의 산업용 보일러 시장 : 연료 유형별, 보일러 유형별, 기능별, 보일러 마력별, 최종 이용 산업별, 지역별 - 예측(-2030년)
Industrial Boiler Market by Fuel (Natural Gas, Coal, Oil), Boiler Type (Fire Tube, Water Tube), Function (Hot Water, Steam), Boiler Horsepower, End-use Industry (Chemical & Petrochemical, Food, Pulp & Paper) And Region - Global Forecast to 2030
상품코드:1700509
리서치사:MarketsandMarkets
발행일:2025년 04월
페이지 정보:영문 244 Pages
라이선스 & 가격 (부가세 별도)
ㅁ Add-on 가능: 고객의 요청에 따라 일정한 범위 내에서 Customization이 가능합니다. 자세한 사항은 문의해 주시기 바랍니다.
한글목차
산업용 보일러 시장 규모는 2025년 172억 2,000만 달러에서 2030년에는 207억 5,000만 달러에 달할 것으로 예상되며, 예측 기간 동안 3.8%의 연평균 복합 성장률(CAGR)을 나타낼 것으로 예상됩니다.
발전, 화학, 식품 가공, 제조 등의 분야에서 산업이 확대됨에 따라 신뢰할 수 있는 대용량 증기 및 온수 보일러에 대한 수요가 급증하고 있습니다. 특히 아시아태평양의 신흥 경제국에서는 산업 인프라에 대한 대규모 투자가 이루어지고 있어 시장 개척에 더욱 박차를 가하고 있습니다. 또한, 청정 에너지원을 촉진하기 위한 정부의 이니셔티브와 강화된 환경 규제로 인해 산업계는 보일러 시스템을 보다 효율적이고 저배출 모델로 업그레이드해야 할 필요성이 대두되고 있습니다. 또한, 석탄 연소 보일러에서 천연가스, 바이오매스, 수소 기반 대체 보일러로 전환하는 것도 시장 성장을 가속하는 주요 요인 중 하나입니다. 또한, 자동화, 스마트 모니터링, 폐열 회수 시스템 등 보일러 기술의 발전은 효율성을 높이고 운영 비용을 절감하여 최신 보일러를 더욱 매력적인 투자 대상으로 만들고 있습니다. 산업 환경에서 열병합발전(열병합발전) 시스템의 채택 증가도 수요를 촉진하고 있습니다. 또한, 선진국의 노후화된 보일러 인프라는 개조 및 현대화 서비스를 제공하는 시장 진출기업들에게 기회를 제공합니다.
조사 범위
조사 대상 연도
2021-2030년
기준 연도
2024년
예측 기간
2025-2030년
대상 대수
금액(100만 달러), 수량(대)
부문
연료 유형별, 보일러 유형별, 기능별, 보일러 마력별, 최종 이용 산업별, 지역별
대상 지역
북미, 유럽, 아시아태평양, 남미, 중동/아프리카, 기타 지역
천연가스 연소 보일러는 기존 석탄 연소 시스템에 비해 고효율, 저배출, 비용 효율성이 뛰어나 산업용으로 널리 사용되고 있습니다. 이 보일러는 천연가스를 1차 연료로 사용하여 증기와 온수를 생산하기 때문에 발전, 화학, 식품 가공, 제조 등의 산업에서 선호되고 있습니다. 천연가스의 가용성 증가, 엄격한 환경 규제, 청정 에너지에 대한 전 세계의 노력은 다양한 분야에서 천연가스 연소 보일러의 채택을 크게 촉진하고 있습니다. 천연가스 연소 보일러의 주요 장점 중 하나는 저배출 프로파일입니다. 석탄 연소 보일러와 달리 온실가스, 이산화황(SO2), 질소산화물, 입자상 물질의 배출량이 적습니다. 따라서 EPA의 보일러 MACT 규제 및 유럽 산업배출지침(IED) 등 엄격한 환경기준을 충족하고 있습니다. 또한, 천연가스 연소 보일러는 기존 고체 연료 보일러에 비해 연소 효율이 높고, 유지보수 비용이 낮으며, 시동 시간이 짧다는 특징이 있습니다. 천연가스 연소 보일러 시장은 산업화, 저탄소 에너지원으로의 전환, 청정 연료를 장려하는 정부의 인센티브 정책으로 인해 빠르게 성장하고 있습니다.
수관식 보일러는 연소 과정에서 발생하는 고온 가스가 튜브를 둘러싸고 있는 동안 물이 튜브를 통해 흐르는 고성능 증기 발생 시스템입니다. 이 설계로 보일러는 더 높은 압력과 온도를 처리할 수 있어 발전, 화학 처리, 정유소, 중공업 등 큰 증기 출력을 필요로 하는 산업에 적합합니다. 수관식 보일러는 고온의 가스가 물로 둘러싸인 관 내부를 통과하는 화관식 보일러와 달리 열전달 효율이 좋고, 증기 발생이 빠르며, 극한의 조건에서도 운전이 가능합니다. 수관식 보일러의 주요 장점 중 하나는 최대 160 bar의 압력과 550℃ 이상의 온도를 견딜 수 있다는 점입니다. 따라서 과열 증기가 필요한 화력 발전소 및 산업 응용 분야에서 필수적입니다. 또한 수량이 적기 때문에 부하 변동에 빠르게 대응할 수 있어 효율적이고 안전합니다. 수관식 보일러는 여러 개의 버너를 장착할 수 있도록 설계되어 수평 또는 수직 연소 구성이 가능하며, 온도 제어 및 성능 최적화에 도움이 됩니다. 수관식 보일러에는 자연순환식과 강제순환식이 있습니다. 자연순환식 보일러에서 증기와 물의 이동은 밀도 차이에 의해 이루어지며, 강제순환식 보일러는 펌프를 사용하여 증기 생성을 촉진합니다. 효율을 높이기 위해 최신 수관식 보일러는 폐열 회수 시스템, 자동화, 디지털 모니터링 기술과 통합되는 경우가 많습니다.
중동 및 아프리카(MEA)의 산업용 보일러 시장은 급속한 산업화, 에너지 수요 증가, 석유 및 가스, 석유화학, 발전 부문의 확대로 인해 성장하고 있습니다. 사우디아라비아, 아랍에미리트(UAE), 남아프리카공화국, 이집트 등의 국가에서는 인프라 구축이 진행되고 있어 고효율 산업용 보일러에 대한 수요가 증가하고 있습니다. 이 지역에서는 석유 수출 이외의 경제 다변화에 중점을 두고 제조, 식품 가공, 화학 산업에 대한 투자가 증가하고 있어 첨단 보일러 시스템의 필요성이 더욱 커지고 있습니다.
주요 성장 요인은 전력 수요 증가에 대응하기 위한 전력 부문의 확대입니다. 많은 국가들이 화력 발전소, 열병합 발전 시스템, 재생 에너지 프로젝트에 투자하고 있으며, 이들 모두에 고성능 보일러가 필요합니다. 또한, 석유 및 가스 산업은 정유 및 석유화학 공장에서 증기 발생 및 공정 가열을 위해 산업용 보일러를 사용하는 등 여전히 큰 기여를 하고 있습니다. 환경 규제와 청정 연료로의 전환도 시장에 영향을 미치고 있습니다. 이 지역 정부는 중질 연료에 대한 의존도를 줄이기 위해 배출가스 규제 정책을 시행하고 있으며, 산업계가 천연가스 연소 보일러와 바이오매스 보일러를 채택하도록 장려하고 있습니다. 인센티브와 규제 프레임워크가 뒷받침하는 에너지 효율과 지속가능성 추진은 최신 저배출 보일러 기술의 채택을 촉진하고 있습니다.
세계의 산업용 보일러 시장에 대해 조사했으며, 연료 유형별/보일러 유형별/기능별/보일러 마력별/최종 이용 산업별/지역별 동향, 시장 진출기업 프로파일 등의 정보를 정리하여 전해드립니다.
목차
제1장 서론
제2장 조사 방법
제3장 주요 요약
제4장 프리미엄 인사이트
제5장 시장 개요
서론
시장 역학
성장 촉진요인
성장 억제요인
기회
과제
특허 분석
에코시스템 매핑
밸류체인 분석
기술 분석
가격 분석
Porter의 Five Forces 분석
무역 분석
거시경제 지표
고객의 비즈니스에 영향을 미치는 동향과 혼란
2025년 주요 컨퍼런스 및 이벤트
AI/생성형 AI의 영향
관세 및 규제
사례 연구 분석
제6장 산업용 보일러 시장, 연료 유형별
서론
천연가스
석탄
석유
기타
제7장 산업용 보일러 시장, 보일러 유형별
서론
화관
수관
기타
제8장 산업용 보일러 시장, 기능별
서론
열수
증기
제9장 산업용 보일러 시장, 보일러 마력별
서론
10-150마력
151-300마력
301-600마력
600마력 이상
제10장 산업용 보일러 시장, 최종 이용 산업별
서론
화학제품 및 석유화학제품
식품
펄프 및 종이
금속 및 광업
발전
기타
제11장 지역 분석
서론
아시아태평양
중국
인도
일본
한국
말레이시아
호주
기타
유럽
독일
영국
프랑스
이탈리아
튀르키예
동유럽
기타
북미
미국
캐나다
멕시코
중동 및 아프리카
사우디아라비아
아랍에미리트
이집트
기타
남미
브라질
아르헨티나
기타
제12장 경쟁 구도
개요
주요 시장 진출기업 순위 분석, 2023년
시장 점유율 분석
매출 분석, 2021년-2023년
시장 평가 매트릭스
기업 평가 매트릭스 : 주요 시장 진출기업, 2023년
기업 평가 매트릭스 : 스타트업/중소기업, 2023년
제품 포트폴리오의 강점
사업 전략의 우수성
경쟁 시나리오
제13장 기업 개요
주요 시장 진출기업
BABCOCK & WILCOX ENTERPRISES, INC.
SIEMENS
WOOD
DONGFANG ELECTRIC CORPORATION LIMITED(DEC LTD.)
ROBERT BOSCH GMBH
MITSUBISHI HEAVY INDUSTRIES LTD.
THERMAX LIMITED
SOFINTER S.P.A
BHARAT HEAVY ELECTRICALS LIMITED(BHEL)
CLEAVER-BROOKS, INC.
BYWORTH BOILERS LTD.
ANDRITZ AG
HARBIN ELECTRIC COMPANY LIMITED
ALFA LAVAL AB
IHI CORPORATION
기타 기업
BRYAN STEAM, LLC
COCHRAN LTD.
FORBES MARSHAL PRIVATE LIMITED
THE FULTON COMPANIES
VAPOR POWER INTERNATIONAL, LLC
SUPERIOR BOILER WORKS, INC.
HURST BOILER & WELDING COMPANY, INC.
JOHNSTON BOILER COMPANY
PARKER BOILER COMPANY
RENTECH BOILER SYSTEMS, INC.
제14장 부록
LSH
영문 목차
영문목차
The industrial boiler market is projected to reach USD 20.75 billion by 2030 from USD 17.22 billion in 2025, at a CAGR of 3.8% during the forecast period. As industries expand across sectors such as power generation, chemicals, food processing, and manufacturing, the need for reliable and high-capacity steam and hot water boilers continues to surge. Developing economies, particularly in Asia-Pacific, are witnessing significant investments in industrial infrastructure, further fueling market expansion. Additionally, government initiatives promoting cleaner energy sources and stricter environmental regulations are pushing industries to upgrade their boiler systems to more efficient and low-emission models. The transition from coal-fired boilers to natural gas, biomass, and hydrogen-based alternatives is another major factor driving market growth, as companies seek to comply with stringent emission norms such as the EPA's Boiler MACT standards and the EU Industrial Emissions Directive (IED). Moreover, advancements in boiler technology, including automation, smart monitoring, and waste heat recovery systems, are enhancing efficiency and reducing operational costs, making modern boilers a more attractive investment. The increasing adoption of cogeneration (combined heat and power) systems in industrial settings is also propelling demand, as these systems optimize fuel usage while reducing energy waste. Additionally, aging boiler infrastructure in developed nations is creating opportunities for market players offering retrofitting and modernization services.
Scope of the Report
Years Considered for the Study
2021-2030
Base Year
2024
Forecast Period
2025-2030
Units Considered
Value (USD Million), Volume (Units)
Segments
Fuel , Boiler Type, Boiler Horsepower, Function, End-use Industry and Region
Regions covered
North America, Europe, Asia Pacific, South America, and Middle East & Africa
"Natural gas is the second fastest-growing segment in the industrial boiler market during the forecast period."
Natural gas-fired boilers are widely used in industrial applications due to their high efficiency, lower emissions, and cost-effectiveness compared to traditional coal-fired systems. These boilers utilize natural gas as the primary fuel source to generate steam or hot water, making them a preferred choice for industries such as power generation, chemicals, food processing, and manufacturing. The increasing availability of natural gas, stringent environmental regulations, and the global push for cleaner energy have significantly driven the adoption of natural gas-fired boilers across various sectors. One of the major advantages of natural gas-fired boilers is their low emissions profile. Unlike coal-fired boilers, they produce fewer greenhouse gases, lower sulfur dioxide (SO2), nitrogen oxides, and particulate matter emissions. This makes them compliant with strict environmental standards such as the EPA's Boiler MACT regulations and the European Industrial Emissions Directive (IED). Additionally, natural gas-fired boilers offer higher combustion efficiency, lower maintenance costs, and faster startup times compared to conventional solid-fuel boilers. The market for natural gas-fired boilers is expanding rapidly due to industrialization, the shift towards low-carbon energy sources, and government incentives promoting cleaner fuels.
"Water tube is the fastest-growing structure in the industrial boiler market during the forecast period."
Water-tube boilers are high-performance steam-generating systems where water flows through tubes while hot gases from the combustion process surround them. This design allows these boilers to handle higher pressures and temperatures, making them ideal for industries that require large steam outputs, such as power generation, chemical processing, refineries, and heavy manufacturing. Unlike fire-tube boilers, where hot gases pass through tubes surrounded by water, water-tube boilers offer better heat transfer efficiency, faster steam generation, and the ability to operate at extreme conditions. One of the key advantages of water-tube boilers is their ability to withstand pressures up to 160 bar and temperatures exceeding 550°C. This makes them essential in thermal power plants and industrial applications requiring superheated steam. Additionally, they have a small water content, which enables quick response to load changes, making them more efficient and safer. Their design can accommodate multiple burners, allowing for horizontal or vertical firing configurations, which is beneficial for temperature control and optimizing performance. Water-tube boilers can be either naturally circulated or forced circulation systems. In naturally circulated boilers, steam and water movement is driven by density differences, while forced circulation systems use pumps to enhance steam production. To improve efficiency, modern water-tube boilers are often integrated with waste heat recovery systems, automation, and digital monitoring technologies.
"The Middle East and Africa (MEA) market is projected to register the second fastest growing market for industrial boiler during the forecast period."
The Middle East & Africa (MEA) industrial boiler market is experiencing growth due to rapid industrialization, rising energy demand, and expanding oil & gas, petrochemical, and power generation sectors. Countries like Saudi Arabia, the UAE, South Africa, and Egypt are witnessing significant infrastructure development, driving the demand for high-efficiency industrial boilers. The region's focus on diversifying economies beyond oil exports has led to increased investments in manufacturing, food processing, and chemical industries, further fueling the need for advanced boiler systems.
A key growth driver is the expansion of the power sector to meet the rising electricity demand. Many countries are investing in thermal power plants, cogeneration (combined heat and power) systems, and renewable energy projects, all of which require high-performance boilers. Additionally, the oil & gas industry remains a major contributor, with refineries and petrochemical plants utilizing industrial boilers for steam generation and process heating. Environmental regulations and the shift towards cleaner fuels are also influencing the market. Governments in the region are implementing emission control policies to reduce reliance on heavy fuels, prompting industries to adopt natural gas-fired and biomass boilers. The push for energy efficiency and sustainability, supported by incentives and regulatory frameworks, is encouraging the adoption of modern, low-emission boiler technologies.
Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments and the information gathered through secondary research.
The break-up of primary interviews is given below:
By Department: Tier 1: 40%, Tier 2: 25%, and Tier 3: 35%
By Designation: C Level: 35%, Director Level: 30%, and Executives: 35%
By Region: North America: 25%, Europe: 45%, Asia Pacific: 20%, South America: 5%, Middle East & Africa 5%
Babcock & Wilcox Enterprises,. (US), Siemens (Germany), Wood (UK), Dongfang Electric Corporation Limited (DEC LTD.) (China), Robert Bosch GmbH (Bosch) (Germany), Mitsubishi Heavy Industries, Ltd. (MHI) (Japan), Thermax Limited (India), Sofinter (Italy), Bhel (India), Cleaver-Brooks, Inc. (US) among others are some of the key players in the industrial boilers market.
The study includes an in-depth competitive analysis of these key players in the authentication and brand
protection market, with their company profiles, recent developments, and key market strategies.
Research Coverage
The market study covers the industrial boiler market across various segments. It aims to estimate the market size and the growth potential of this market across different segments based on material, application, structure, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the industrial boiler market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall industrial boiler market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (rising demand for electricity and power generation, high demand from major end-use industries), restraints (high initial investment and operating cost), opportunities (Adoption of biomass boilers to achive low carbon emission), challenges (Hincreasing energy prices).
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial boiler market
Market Development: Comprehensive information about lucrative markets - the report analyses the industrial boiler market across varied regions
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the industrial boiler market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Babcock & Wilcox Enterprises,. (US), Siemens (Germany), Wood (UK), Dongfang Electric Corporation Limited (DEC LTD.) (China), Robert Bosch GmbH (Bosch) (Germany), Mitsubishi Heavy Industries, Ltd. (MHI) (Japan), Thermax Limited (India), Sofinter (Italy), Bhel (India), Cleaver-Brooks, Inc. (US) among others are the top manufacturers covered in the industrial boiler market.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.3 PRIMARY INTERVIEWS
2.1.3.1 Primary interviews-demand and supply sides
2.1.4 KEY INDUSTRY INSIGHTS
2.1.5 BREAKDOWN OF PRIMARY INTERVIEWS
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market size using bottom-up approach
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for arriving at market size using top-down approach
2.3 DATA TRIANGULATION
2.4 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS AND RISKS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 EMERGING ECONOMIES TO WITNESS HIGH GROWTH IN INDUSTRIAL BOILERS MARKET
4.2 INDUSTRIAL BOILERS MARKET, BY FUNCTION TYPE
4.3 INDUSTRIAL BOILERS MARKET, BY BOILER TYPE
4.4 INDUSTRIAL BOILERS MARKET, BY FUEL TYPE
4.5 INDUSTRIAL BOILERS MARKET, BY BOILER HORSEPOWER
4.6 INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY
4.7 ASIA PACIFIC: INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY & COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Government policies to increase requirement for industrial boilers
5.2.1.2 Rising demand for electricity
5.2.1.3 High demand from major end-use industries
5.2.2 RESTRAINTS
5.2.2.1 High initial investment and operating cost
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of biomass boilers to achieve low-carbon-emissions targets
5.2.3.2 Replacement of aging boilers and adoption of supercritical and ultra-supercritical boilers
5.2.3.3 Increasing demand for compact designs and lean operations
5.2.4 CHALLENGES
5.2.4.1 Stringent regulations and emissions control
5.2.4.2 Increasing energy prices
5.3 PATENT ANALYSIS
5.3.1 METHODOLOGY
5.3.2 PATENTS GRANTED WORLDWIDE, 2015-2024
5.3.3 PATENT PUBLICATION TRENDS
5.3.4 INSIGHTS
5.3.5 LEGAL STATUS OF PATENTS
5.3.6 JURISDICTION-WISE PATENT ANALYSIS
5.3.7 TOP COMPANIES/APPLICANTS
5.3.8 TOP 10 PATENT OWNERS IN LAST 10 YEARS
5.4 ECOSYSTEM MAPPING
5.5 VALUE CHAIN ANALYSIS
5.5.1 RAW MATERIAL SUPPLIERS
5.5.2 MANUFACTURERS
5.5.3 DISTRIBUTORS
5.5.4 END USERS
5.6 TECHNOLOGY ANALYSIS
5.6.1 LOW NOX BOILERS
5.6.2 AI-INTEGRATED BOILERS
5.6.3 LOW MASS BOILERS
5.6.4 CARBON NEUTRAL BOILERS
5.6.5 HYBRID BOILER SYSTEMS
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE BASED ON REGION
5.8 PORTER'S FIVE FORCES ANALYSIS
5.8.1 THREAT OF SUBSTITUTES
5.8.2 BARGAINING POWER OF SUPPLIERS
5.8.3 THREAT OF NEW ENTRANTS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 TRADE ANALYSIS
5.9.1 IMPORT-EXPORT SCENARIO OF INDUSTRIAL BOILERS MARKET
5.10 MACROECONOMIC INDICATORS
5.10.1 GLOBAL GDP TRENDS
5.11 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
5.12 KEY CONFERENCES AND EVENTS, 2025
5.13 IMPACT OF AI/GEN AI
5.14 TARIFF AND REGULATIONS
5.14.1 NORTH AMERICA
5.14.2 EUROPE
5.14.3 ASIA
5.15 CASE STUDY ANALYSIS
5.15.1 BYWORTH'S FELLSMAN HOT WATER BOILER FOR SHEFFIELD WEDNESDAY FOOTBALL CLUB
5.15.2 THERMAX'S CPFD FOR GOVIND DAIRY PHALTAN
6 INDUSTRIAL BOILERS MARKET, BY FUEL TYPE
6.1 INTRODUCTION
6.2 NATURAL GAS
6.2.1 LOW EMISSION OF NATURAL GAS TO DRIVE MARKET
6.3 COAL
6.3.1 ASIA PACIFIC TO DOMINATE COAL-FIRED INDUSTRIAL BOILERS MARKET
6.4 OIL
6.4.1 HIGH AVAILABILITY OF CRUDE OIL EXPECTED TO FUEL MARKET GROWTH
6.5 OTHER FUEL TYPES
7 INDUSTRIAL BOILERS MARKET, BY BOILER TYPE
7.1 INTRODUCTION
7.2 FIRE-TUBE
7.2.1 OFFERS ADVANTAGES SUCH AS COMPACT SIZE, EASE OF OPERATION, AND HIGH FUEL EFFICIENCY
7.3 WATER-TUBE
7.3.1 HIGH DEMAND IN POWER STATIONS TO DRIVE MARKET GROWTH
7.4 OTHER BOILER TYPES
8 INDUSTRIAL BOILERS MARKET, BY FUNCTION
8.1 INTRODUCTION
8.2 HOT WATER
8.2.1 HIGH-TEMPERATURE HOT WATER BOILERS IDEAL FOR LARGER SYSTEMS
8.3 STEAM
8.3.1 STEAM BOILERS PREFERRED IN TURBINE AND POWER INDUSTRIES
9 INDUSTRIAL BOILERS MARKET, BY BOILER HORSEPOWER
9.1 INTRODUCTION
9.2 10-150 BHP
9.2.1 DEMAND IN SPACE AND ENERGY EFFICIENCY APPLICATIONS TO DRIVE MARKET
9.3 151-300 BHP
9.3.1 PRECISION PRESSURE AND TEMPERATURE REQUIREMENT ACROSS END-USE INDUSTRIES TO FUEL MARKET GROWTH
9.4 301-600 BHP
9.4.1 INCREASING DEMAND FOR HIGH-PRESSURE STEAM OUTPUT TO PROPEL SEGMENT GROWTH
9.5 ABOVE 600 BHP
9.5.1 GROWING APPLICATION IN MAJOR END-USE INDUSTRIES TO PROPEL GROWTH
10 INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY
10.1 INTRODUCTION
10.2 CHEMICALS & PETROCHEMICALS
10.2.1 HIGH DEMAND FOR BULK CHEMICALS IN EMERGING COUNTRIES TO PROPEL SEGMENT GROWTH
10.3 FOOD
10.3.1 INCREASING DEMAND FOR PACKAGED FOODS TO FUEL SEGMENT GROWTH
10.4 PULP & PAPER
10.4.1 INCREASING CONSUMPTION OF PAPER & PACKAGING MATERIALS TO PROPEL MARKET
10.5 METALS & MINING
10.5.1 CONSTRUCTION AND INDUSTRIAL ACTIVITIES IN ASIA PACIFIC TO DRIVE MARKET
10.6 POWER GENERATION
10.6.1 POWER GENERATION SEGMENT TO WITNESS RAPID GROWTH DURING FORECAST PERIOD
10.7 OTHER END-USE INDUSTRIES
11 REGIONAL ANALYSIS
11.1 INTRODUCTION
11.2 ASIA PACIFIC
11.2.1 CHINA
11.2.1.1 Strong growth in chemical industry to propel market
11.2.2 INDIA
11.2.2.1 Increased demand from chemical sector to drive market
11.2.3 JAPAN
11.2.3.1 Increasing use of boilers in food & chemical industry to drive demand
11.2.4 SOUTH KOREA
11.2.4.1 Shift toward LNG-based plants for achieving carbon neutrality to support market growth
11.2.5 MALAYSIA
11.2.5.1 Rising demand for food products to propel market
11.2.6 AUSTRALIA
11.2.6.1 Strong focus on reducing emission to propel market
11.2.7 REST OF ASIA PACIFIC
11.2.7.1 Growth in manufacturing sector to drive industrial boilers market
11.3 EUROPE
11.3.1 GERMANY
11.3.1.1 Strong chemical industry to propel market growth
11.3.2 UK
11.3.2.1 Discontinuation of coal-fired boilers to boost demand for natural gas-fired industrial boilers
11.3.3 FRANCE
11.3.3.1 Rising demand from chemical industry driving market growth
11.3.4 ITALY
11.3.4.1 Growth of food industry to propel demand for industrial boilers
11.3.5 TURKEY
11.3.5.1 Demand for processed food products to drive industrial boilers market
11.3.6 EASTERN EUROPE
11.3.6.1 Growing demand for industrial boilers in food industry to fuel market growth
11.3.7 REST OF EUROPE
11.3.7.1 Demand from chemical and food sectors to drive market
11.4 NORTH AMERICA
11.4.1 US
11.4.1.1 Presence of strong chemical sector to drive market
11.4.2 CANADA
11.4.2.1 Significant presence of food processing companies to drive market
11.4.3 MEXICO
11.4.3.1 Rising demand from chemical sector to propel market
11.5 MIDDLE EAST & AFRICA
11.5.1 SAUDI ARABIA
11.5.1.1 Rising thermal energy consumption in chemical industry to fuel market growth
11.5.2 UAE
11.5.2.1 Government policies and investment to fuel growth
11.5.3 EGYPT
11.5.3.1 Growth of manufacturing sector to propel market
11.5.4 REST OF MIDDLE EAST & AFRICA
11.5.4.1 Increasing demand for industrial chemicals and fertilizers to fuel market growth
11.6 SOUTH AMERICA
11.6.1 BRAZIL
11.6.1.1 Government policies to curb pollution to propel market
11.6.2 ARGENTINA
11.6.2.1 Demand from food industry to boost market growth
11.6.3 REST OF SOUTH AMERICA
11.6.3.1 High growth of end-use industries to drive demand
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 RANKING ANALYSIS OF KEY MARKET PLAYERS, 2023
12.3 MARKET SHARE ANALYSIS
12.4 REVENUE ANALYSIS, 2021-2023
12.5 MARKET EVALUATION MATRIX
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
12.7 COMPANY EVALUATION MATRIX: START-UPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES), 2023
12.7.1 RESPONSIVE COMPANIES
12.7.2 STARTING BLOCKS
12.7.3 PROGRESSIVE COMPANIES
12.7.4 DYNAMIC COMPANIES
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Company end-use industry footprint
12.7.5.2 Company region footprint
12.8 STRENGTH OF PRODUCT PORTFOLIO
12.9 BUSINESS STRATEGY EXCELLENCE
12.10 COMPETITIVE SCENARIO
12.10.1 PRODUCT LAUNCHES
12.10.2 DEALS
12.10.3 OTHER DEVELOPMENTS
13 COMPANY PROFILES
13.1 MAJOR PLAYERS
13.1.1 BABCOCK & WILCOX ENTERPRISES, INC.
13.1.1.1 Business overview
13.1.1.2 Products/Solutions/Services offered
13.1.1.3 Recent developments
13.1.1.3.1 Deals
13.1.1.4 MnM view
13.1.1.4.1 Key strengths
13.1.1.4.2 Strategic choices
13.1.1.4.3 Weaknesses and competitive threats
13.1.2 SIEMENS
13.1.2.1 Business overview
13.1.2.2 Products/Solutions/Services offered
13.1.2.3 Recent developments
13.1.2.3.1 Deals
13.1.2.4 MnM view
13.1.2.4.1 Key strengths
13.1.2.4.2 Strategic choices
13.1.2.4.3 Weaknesses and competitive threats
13.1.3 WOOD
13.1.3.1 Business overview
13.1.3.2 Products/Solutions/Services offered
13.1.3.3 Recent developments
13.1.3.3.1 Deals
13.1.3.3.2 Expansions
13.1.3.4 MnM view
13.1.3.4.1 Key strengths
13.1.3.4.2 Strategic choices
13.1.3.4.3 Weaknesses and competitive threats
13.1.4 DONGFANG ELECTRIC CORPORATION LIMITED (DEC LTD.)