Global Industrial Boiler Market 2019-2023

Global Industrial Boiler Market 2019-2023

About this market

The growing demand for multi-fuel boilers to drive growth in the market. The market is witnessing aa new trend of designing industrial boiler systems that can support multifuel operations. The popularity of such systems is increasing because the power generation and process industries want to maximize the utilization of locally produced renewable biomass and recycled fuels. Technavio’s analysts have predicted that the industrial boiler market will register a CAGR of more than 5% by 2023.

Market Overview

Increasing demand for biomass boiler

Biomass boiler helps industries cut costs as the prices of fossil fuels are fluctuating significantly.

Global shift toward solar and wind energy

The use of wind and solar power plants is increasingly preferred to that of fossil fuel-based power plants, especially in developed countries. this affects the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the industrial boiler market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Babcock & Wilcox and Cleaver-Brooks the competitive environment is quite intense. Factors such as the growing demand for multi-fuel boilers and the growing demand for multi-fuel boilers, will provide considerable growth opportunities to industrial boiler manufactures. Babcock & Wilcox, Cleaver-Brooks, Henan Province Sitong Boiler, MIURA, Thermax Global, and Xizi United Holdings are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Industrial Boiler Market 2019-2023

Technavio recognizes the following companies as the key players in the global industrial boiler market: Babcock & Wilcox, Cleaver-Brooks, Henan Province Sitong Boiler, MIURA, Thermax Global, and Xizi United Holdings.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing demand for multi-fuel boilers.”

According to the report, one of the major drivers for this market is the growing demand for multi-fuel boilers."

Companies Mentioned

Babcock & Wilcox

Cleaver-Brooks

Henan Province Sitong Boiler

MIURA

Thermax Global

Xizi United Holdings"

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global boiler market
      • Table Segments of global boiler market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Food and beverages - Market size and forecast 2018-2023
      • Table Food and beverages - Market size and forecast 2018-2023 ($ billions)
      • Table Food and beverages - Year-over-year growth 2019-2023 (%)
    • Chemicals and petrochemicals - Market size and forecast 2018-2023
      • Table Chemicals and petrochemicals - Market size and forecast 2018-2023 ($ billions)
      • Table Chemicals and petrochemicals - Year-over-year growth 2019-2023 (%)
    • Pulp and paper - Market size and forecast 2018-2023
      • Table Pulp and paper - Market size and forecast 2018-2023 ($ billions)
      • Table Pulp and paper - Year-over-year growth 2019-2023 (%)
    • Oil and gas - Market size and forecast 2018-2023
      • Table Oil and gas - Market size and forecast 2018-2023 ($ billions)
      • Table Oil and gas - Year-over-year growth 2019-2023 (%)
    • Power generation - Market size and forecast 2018-2023
      • Table Power generation - Market size and forecast 2018-2023 ($ billions)
      • Table Power generation - Year-over-year growth 2019-2023 (%)
    • Others* - Market size and forecast 2018-2023
      • Table Others* - Market size and forecast 2018-2023 ($ billions)
      • Table Others* - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ billions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Babcock & Wilcox
      • Table Babcock & Wilcox - Vendor overview
      • Table Babcock & Wilcox - Business segments
      • Table Babcock & Wilcox - Organizational developments
      • Table Babcock & Wilcox - Geographic focus
      • Table Babcock & Wilcox - Segment focus
      • Table Babcock & Wilcox - Key offerings
    • Cleaver-Brooks
      • Table Cleaver-Brooks - Vendor overview
      • Table Cleaver-Brooks - Business segments
      • Table Cleaver-Brooks - Organizational developments
      • Table Cleaver-Brooks - Key offerings
    • Henan Province Sitong Boiler
      • Table Henan Province Sitong Boiler - Vendor overview
      • Table Henan Province Sitong Boiler - Key offerings
    • MIURA
      • Table MIURA - Vendor overview
      • Table MIURA - Business segments
      • Table MIURA - Segment focus
      • Table MIURA - Key offerings
    • Thermax Global
      • Table Thermax Global - Vendor overview
      • Table Thermax Global - Business segments
      • Table Thermax Global - Organizational developments
      • Table Thermax Global - Geographic focus
      • Table Thermax Global - Segment focus
      • Table Thermax Global - Key offerings
    • Xizi United Holdings
      • Table Xizi United Holdings - Vendor overview
      • Table Xizi United Holdings - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook