세계 산업용 보일러 시장 규모는 2023년 160억 1,000만 달러에서 2031년까지 217억 3,000만 달러에 달할 것으로 예상되며, 2024-2031년 예측 기간 동안 연평균 3.9% 성장할 것으로 예상됩니다. 시장은 산업 확장 및 신기술 실현 기회로 인해 활성화되고 있습니다.
보일러는 다양한 산업의 주요 산업 응용 분야에서 활용되고 있습니다. 첨단 기술 동향은 산업용 보일러의 기능과 기술에 영향을 미치고 있습니다. 이 부문은 현재 환경 친화적인 절차와 기술 혁신으로 전환하고 있습니다. 여기에는 배출을 줄이는 최첨단 기술의 사용과 바이오매스와 같은 환경 친화적인 연료 공급원의 채택이 포함됩니다. 기업들은 표준을 충족하고 환경 목표를 지원하는 성능을 제공하는 증기 보일러 시스템에 더 많은 자금을 투자하고 있습니다. 이러한 친환경 보일러는 이산화탄소 배출을 줄일 뿐만 아니라 장기적으로 경제적인 비용 절감 효과도 가져다줍니다.
제조 및 생산 라인의 자동화와 디지털화의 도래는 예측 기간 동안 산업용 보일러 시장에 변화를 가져올 것입니다. 제조용 증기 보일러는 IoT와 실시간 데이터 분석을 통해 효율성을 높이고 있습니다. 장치와 지능형 모니터링 시스템은 지속적으로 정보를 수집하고 조사하여 보일러의 상태와 기능에 대한 중요한 지식을 제공합니다. 예지보전 알고리즘을 통해 발생할 수 있는 문제를 사전에 발견할 수 있으며, IoT와 함께 산업용 보일러 산업은 전통적인 화석연료 및 원자력 기반 보일러에서 전기 보일러로 전환하고 있습니다.
예를 들어, 2022년 8월, 산업용 공정 난방 장비 및 솔루션 제공업체인 Babcock Wanson Ltd는 500-17,000KG/H 모델의 e-Pack 산업용 전기 보일러와 16-360kW 모델의 VAP EL 400V 삼상 50Hz 전기 증기 보일러 두 가지 새로운 전기 보일러 시리즈를 출시했습니다.
빠른 산업 확장과 정부 정책으로 시장 성장 촉진
전 세계 산업, 특히 신흥 경제국의 산업 확장은 고속 제조 및 생산 라인에 의해 촉진되고 있습니다. 이에 따라 생산성과 효율성이 높은 산업용 보일러에 대한 수요가 증가하고 있습니다. 기업들은 이산화탄소 배출을 최소화하면서 산업용 보일러의 생산성을 높이는 데 주력하고 있습니다. 위험한 배기가스 배출에 대한 엄격한 규제는 환경 기준을 충족하고 배기가스를 최소화하는 첨단 기술을 갖춘 산업용 보일러를 장려하고 있습니다. 정부 당국의 예측에 따르면, 새로운 보일러 규제는 지속가능하고 효율적인 새로운 보일러 기술을 촉진할 것으로 보입니다. 예를 들어, 2023년 6월 인도 환경산림기후변화부(The Indian Ministry of Environment, Forest and Climate Change, MoEF&CC)는 2023년 5월에 다양한 연료 기반 산업용 보일러의 입자상 물질(PM) 배출 규격 강화에 관한 고시안을 최종 결정했습니다. 새로운 규정이 도입된 후 2년 이내에 열풍 발생기, 열유체 히터 및 다양한 연료 유형의 보일러를 사용하는 산업은 PM 기준을 준수해야 합니다.
이러한 이유로 기업들은 연구개발을 통해 지속가능한 저배출 보일러를 개발하기 위해 노력하고 있습니다. 각 회사는 기계 학습 및 기타 첨단 기술을 활용하여 지속가능한 보일러를 제조하고 테스트하는 데 주력하고 있습니다. 예를 들어, 2023년 9월 베르데모빌 바이오가스(Verdemobil Biogaz SAS)는 Engie Solutions SA가 관리하는 Villers-Saint-Paul 산업단지(Oise)에 3MW 보일러와 CO2 액화 시스템을 공급한다고 발표했습니다. Industries는 전체 프로젝트의 엔지니어링 조정을 감독할 예정입니다. Ch0C 보일러는 빠르면 2025년에 구매할 수 있습니다. 이 새로운 보일러는 1,000대의 산업용 보일러를 교체할 경우 연간 400만 톤의 CO2 배출을 줄일 수 있습니다.
이 보고서는 세계 산업용 보일러 시장에 대해 조사 분석했으며, 시장 규모와 예측, 시장 역학, 주요 기업 현황과 전망 등을 제공합니다.
Global industrial boilers market is projected to witness a CAGR of 3.9% during the forecast period 2024-2031, growing from USD 16.01 billion in 2023 to USD 21.73 billion in 2031. The market thrives with industrial expansions and new technology-enabling opportunities.
Boilers are utilized in major industrial applications across varied verticals. Advanced technological trends have influenced the functioning and technology of industrial boilers. The sector is currently witnessing a transformation towards environmentally friendly procedures and innovations. This covers the use of cutting-edge methods for reducing emissions and the adoption of greener fuel sources such as biomass. Companies are spending more money on steam boiler systems that provide performance that meets standards and supports environmental objectives. These eco-friendly boilers provide long-term financial savings in addition to lowering carbon emissions.
The advent of automation and digitalization in manufacturing and production lines will transform the industrial boilers market in the forecast period. Manufacturing steam boilers are adopting the Internet of Things (IoT) and real-time data analysis to enhance efficiency. Devices and intelligent surveillance systems are constantly gathering and examining information, offering important knowledge about the condition and functioning of the boilers. Algorithms for predictive maintenance assist in spotting possible problems before they cause any interruptions. Along with IoT, the industrial boiler industry is transitioning from conventional fossil and nuclear-based boilers to electric boilers.
For instance, in August 2022, industrial process heating equipment and solutions provider Babcock Wanson Ltd introduced two new electric boiler ranges: the e-Pack industrial electric boiler, which has models ranging from 500 to 17,000 KG/H, and the VAP EL 400V three-phase, 50Hz electric steam boiler, which has models ranging from 16 to 360 kW.
Rapid Industrial Expansion, Along with Government Policies to Fuel Market Growth
Industrial expansion can be witnessed globally, especially in emerging economies, boosted by high-rate manufacturing and production lines. Therefore, the demand for highly productive and efficient industrial boilers is rising. Companies focus on increasing the productivity of industrial boilers while limiting carbon emissions to a minimum. Strict regulations governing dangerous emissions encourage industrial boilers equipped with cutting-edge technologies to meet environmental standards and minimize emissions. According to projections from the government authorities, new boiler regulations are projected to promote new sustainable and efficient boiler technologies. For instance, in June 2023, The Indian Ministry of Environment, Forest and Climate Change (MoEF&CC) finalized the draft notification for tightening particulate matter (PM) emission specifications for industrial boilers based on different fuels in May 2023. Within the introduction of two years of the new regulations, the industries using hot air generators, thermic fluid heaters, and boilers with various fuel types must adhere to the PM standard.
Hence, companies are working on a highly sustainable and low-emission-based boiler through research and development. Companies are focused on using machine learning and other advanced technologies to build and test sustainable boiling machines. For instance, in September 2023, Verdemobil Biogaz SAS announced that it would deliver its 3 MW boiler and the CO2 liquefaction system to Villers-Saint-Paul industrial site (Oise), managed by Engie Solutions SA. Naldeo Technologies & Industries will oversee the engineering coordination throughout the project. As early as 2025, the Ch0C boiler will be available for purchase. The new boiler has the potential to reduce annual CO2 emissions by 4 million tonnes when 1,000 industrial boilers are replaced.
Technological Advancements and Predictive Maintenance to Expand Market Size
The expansion of industries has led to mass human resources for machine handling. Therefore, companies deliver products requiring less human intervention and higher productivity. These advancements include artificial intelligence (AI), machine learning, and IoT. AI-based technologies are adding safety layers to boiler maintenance. Industrial steam boilers can be monitored through the incorporation of remote monitoring systems. Sensing and IoT devices gather and send real-time data to centralized control centers. The data enables preventative maintenance and troubleshooting by giving important insights into the boiler's operation. Algorithms for predictive maintenance examine the data to identify any problems, allowing for prompt repairs to avoid expensive malfunctions. Further minimizing downtime, remote diagnostics can locate and frequently fix issues without requiring on-site visits.
For instance, in August 2023, United Kingdom-based boiler manufacturer Navien Ltd. launched its ON AI platform, seamlessly incorporating Navien's NCB ON range of Combi Crossover boilers.
Also, an Indian Institute of Technology (IIT) professor found an AI-based solution in January 2022 which can stop boiler explosions through advanced prediction and control of vapor explosion, advancing the overall industrial boiling.
Higher Affordability and Efficiency to Fuel Water-tube Segment
Based on type, the water-tube segment is projected to lead the market. They can operate at higher temperatures and pressures without excessively thick walls. Nonetheless, fluidized-bed combustion boilers (FCB) have become a strong contender, presenting several benefits that surpass traditional combustion systems. These include the ability to design compact boilers, the versatility in fuel types, improved combustion efficiency, and a reduction in the emission of harmful pollutants such as sulfur dioxide (SO2) and nitrogen oxides (NOx). Compared to fire-tube boilers, water-tube boilers are recognized for their increased efficiency and reduced running expenses. They use a more effective heat transfer system, which lowers emissions and fuel consumption. Major consumption of this type of boiler is through the food and beverage sector. As water tube boilers can handle high-pressure and high-temperature applications, which are widespread in the food processing industry, they are chosen for industrial purposes.
For instance, in March 2023, Babcock Wanson Ltd. launched FM pack Water-tube boilers. These boilers deliver a steam outcome of 4.5 to 80 t/h. Because of the heat exchanger design, the FM Pack range can provide very high operating pressures, from 10 to 95 barg. It is ideal for applications requiring high steam output, high-pressure steam, or superheated steam. The range offers high-quality steam, from dry saturated to high-temperature superheated.
Asia-Pacific Dominates Industrial Boilers Market Share
Asia-Pacific holds the major share of the global industrial boiler market. The world's highest population currently resides in the region and is projected to grow during the forecast period. Since the demand for energy resources is increasing due to the growing population, industrial boilers are seen as more effective and environmentally friendly methods of producing steam and heat than conventional techniques. The governments of the Asia-Pacific countries are assisting in the development of industrial boilers. Furthermore, the area benefits from abundant supplies of steel and coal, two essential raw materials required to manufacture industrial boilers. Countries such as India and China are focused on building new spaces for industrial exploration.
For instance, in February 2024, in Guwahati, Assam, India, Bharat Steam Boiler Expo 2024 officially opened, signaling a critical turning point in India's industrial development, found to boost the expansion and effectiveness of industries which depend on steam boilers. Leading companies in the sector, such as Indian Oil Corporation (IOC), Oil India Ltd (OIL), Numaligarh Refinery Ltd (NRL), Brahmaputra Cracker and Polymer Ltd (BCPL), Assam Petro Chemicals Ltd, and NTPC Ltd, have worked together to create this innovative exhibition.
Future Market Scenario (2024 - 2031F)
Sustainable and green technology is anticipated to transform the upcoming industrial boilers while maintaining operational efficiency.
Higher automation and digitization are likely to revolutionize industrial heating and steam systems.
Integrated technologies such as AI, ML, and IoT have enhanced boiler maintenance, functioning, and performance which is likely to fuel the market expansion in the future.
Key Players Landscape and Outlook
Key participants in the global industrial boilers market are focused on building sustainable and efficient boilers. The key player produces boilers with higher productivity and flexibility to integrate with industry 4.0 technologies. The rapid automation and digitalization of industrial spaces will likely transform the market's key player landscape. Private and public partnerships are expected to flourish the market expansion. Players are experimenting with the area coverage. Alongside, strategic partnerships, collaboration, acquisitions, and joint ventures are used as the major elements of the market's strategic landscape.
In August 2022, A multi-fuel boiler system was introduced by Thermax for industrial users who want to go green. To offer flexible energy input, Thermax Babcock & Wilcox Energy Solutions, has launched FlexiSource, which is a multi-waste solution.
In February 2024, Miura Co. ltd. Launched its Miura Care program in partnership with Hartford Steam Boiler. The program comprises a comprehensive preventative boiler maintenance program. Miura Care has been meticulously developed to provide a thorough and simple maintenance experience, guaranteeing maximum safety for boiler system and offering unmatched peace of mind.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.