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Global Industrial Boilers Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Publisher DIResearch
Published Jul 10, 2025
Length 165 Pages
SKU # DIR20253582

Description

Market Overview

According to DIResearch's in-depth investigation and research, the global Industrial Boilers market size will reach 12,636 Million USD in 2025 and is projected to reach 17,393 Million USD by 2032, with a CAGR of 4.67% (2025-2032). Notably, the China Industrial Boilers market has changed rapidly in the past few years. By 2025, China's market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Industrial boilers are robust, large-scale equipment used in various industries to generate steam or hot water for heating, power generation, or process applications. These boilers typically burn fuels such as natural gas, oil, coal, biomass, or industrial waste to produce high-temperature combustion gases. The heat from these gases is transferred to water in the boiler's tubes or chambers, creating steam or hot water under pressure. The steam produced by industrial boilers is widely used for heating buildings, providing hot water for industrial processes, generating electricity through steam turbines, and powering various mechanical equipment such as pumps and compressors. Industrial boilers come in different types such as fire-tube boilers, water-tube boilers, package boilers, and electric boilers, each designed for specific applications and operating conditions. They are crucial components in industries such as manufacturing, food processing, chemical processing, refineries, textiles, hospitals, and power plants, contributing to energy efficiency, process reliability, and overall productivity. Efficient operation and maintenance of industrial boilers are essential for safety, environmental compliance, and cost-effective energy utilization in industrial operations.

The major global  manufacturers of Industrial Boilers include 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, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Industrial Boilers. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Industrial Boilers market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Industrial Boilers market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Industrial Boilers industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Industrial Boilers Include:

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

Industrial Boilers Product Segment Include:

200MW Below

200MW-500MW

500MW or Above

Industrial Boilers Product Application Include:

Power

Metallurgy

Petrochemical Industry

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Industrial Boilers Industry PESTEL Analysis

Chapter 3: Global Industrial Boilers Industry Porter's Five Forces Analysis

Chapter 4: Global Industrial Boilers Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Industrial Boilers Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Industrial Boilers Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Industrial Boilers Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources

Table of Contents

165 Pages
1 Industrial Boilers Market Overview
1.1 Product Definition and Statistical Scope
1.2 Industrial Boilers Product by Type
1.2.1 200MW Below
1.2.2 200MW-500MW
1.2.3 500MW or Above
1.3 Industrial Boilers Product by Application
1.3.1 Power
1.3.2 Metallurgy
1.3.3 Petrochemical Industry
1.3.4 Others
1.4 Global Industrial Boilers Market Revenue and Sales Analysis
1.4.1 Global Industrial Boilers Revenue Market Size Analysis (2020-2032)
1.4.2 Global Industrial Boilers Sales Market Size Analysis (2020-2032)
1.4.3 Global Industrial Boilers Market Sales Price Trend Analysis (2020-2032)
1.5 Industrial Boilers Market Development Status and Trends
1.5.1 Industrial Boilers Industry Development Status Analysis
1.5.2 Industrial Boilers Industry Development Trends Analysis
2 Industrial Boilers Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Industrial Boilers Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Industrial Boilers Market Analysis by Country
4.1 Global Industrial Boilers Market Size Analysis by Country: 2024 VS 2025 VS 2032
4.1.1 Global Industrial Boilers Revenue and Market Share by Country (2020-2025)
4.1.2 Global Industrial Boilers Revenue and Market Share Forecast by Country (2026-2032)
4.2 Global Industrial Boilers Sales Analysis by Country: 2024 VS 2025 VS 2032
4.2.1 Global Industrial Boilers Sales and Market Share by Country (2020-2025)
4.2.2 Global Industrial Boilers Sales and Market Share Forecast by Country (2026-2032)
4.3 United States Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.4 Germany Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.5 Japan Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.6 China Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.7 France Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.8 U.K. Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.9 South Korea Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.10 Canada Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.11 Italy Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.12 Russia Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.13 Mexico Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.14 Brazil Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.15 India Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.16 Vietnam Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.17 Thailand Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
4.18 South Africa Industrial Boilers Market Sales, Revenue and Growth Rate (2020-2032)
5 Competition by Manufacturers
5.1 Global Industrial Boilers Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
5.1.1 Global Industrial Boilers Market Sales by Key Manufacturers (2021-2025)
5.1.2 Global Industrial Boilers Market Revenue by Key Manufacturers (2021-2025)
5.1.3 Global Industrial Boilers Average Sales Price by Manufacturers (2021-2025)
5.2 Industrial Boilers Competitive Landscape Analysis and Market Dynamic
5.2.1 Industrial Boilers Competitive Landscape Analysis
5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
5.2.3 Market Dynamic
6 Industrial Boilers Market Analysis by Type
6.1 Global Industrial Boilers Market Revenue Analysis by Type
6.1.1 Global Industrial Boilers Market Size Analysis by Type: 2024 & 2025 & 2032
6.1.2 Global Industrial Boilers Revenue and Forecast Analysis by Type (2020-2032)
6.2 Global Industrial Boilers Sales and Forecast Analysis by Type (2020-2032)
6.3 Global Industrial Boilers Sales Price Trend Analysis by Type (2020-2032)
7 Key Companies Analysis
7.1 AMEC Foster Wheeler
7.1.1 AMEC Foster Wheeler Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.1.2 AMEC Foster Wheeler Industrial Boilers Product Portfolio
7.1.3 AMEC Foster Wheeler Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.2 Babcock & Wilcox
7.2.1 Babcock & Wilcox Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.2.2 Babcock & Wilcox Industrial Boilers Product Portfolio
7.2.3 Babcock & Wilcox Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.3 Dongfang Electric
7.3.1 Dongfang Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.3.2 Dongfang Electric Industrial Boilers Product Portfolio
7.3.3 Dongfang Electric Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.4 General Electric
7.4.1 General Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.4.2 General Electric Industrial Boilers Product Portfolio
7.4.3 General Electric Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.5 Siemens
7.5.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.5.2 Siemens Industrial Boilers Product Portfolio
7.5.3 Siemens Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.6 AC Boilers
7.6.1 AC Boilers Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.6.2 AC Boilers Industrial Boilers Product Portfolio
7.6.3 AC Boilers Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.7 Bharat Heavy Electricals
7.7.1 Bharat Heavy Electricals Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.7.2 Bharat Heavy Electricals Industrial Boilers Product Portfolio
7.7.3 Bharat Heavy Electricals Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.8 Harbin Electric
7.8.1 Harbin Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.8.2 Harbin Electric Industrial Boilers Product Portfolio
7.8.3 Harbin Electric Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.9 IHI
7.9.1 IHI Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.9.2 IHI Industrial Boilers Product Portfolio
7.9.3 IHI Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.10 Mitsubishi Hitachi Power Systems
7.10.1 Mitsubishi Hitachi Power Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.10.2 Mitsubishi Hitachi Power Systems Industrial Boilers Product Portfolio
7.10.3 Mitsubishi Hitachi Power Systems Industrial Boilers Market Data Analysis (Revenue, Sales, Price, Gross Margin and Marke
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