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Global Power Boiler Market 2017-2021

Global Power Boiler Market 2017-2021

About Power Boiler

A power boiler is an innovative and efficient boiler concept. It is a closed vessel designed to use a wide range of fuel to produce power from heat energy. A power boiler is an enclosed vessel that consists of a heat transfer medium (pipes or tubes for heat exchange) and a heat source (furnace), which allows the heating of water to generate steam. Many vendors offer superior-quality and customized fuel specific boilers to increase the operational efficiency in the power industry.

Technavio’s analysts forecast the global power boiler market to grow at a CAGR of 3.84% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global power boiler market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Power Boiler Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Amec Foster Wheeler
  • Babcock & Wilcox Enterprises
  • DONGFANG BOILER GROUP
  • General Electric
  • Harbin Electric
  • MITSUBISHI HITACHI POWER SYSTEMS
Other prominent vendors
  • ANDRITZ
  • BHEL
  • BGR Energy Systems
  • Cethar
  • Doosan Lentjes
  • E.ON
  • F&H Crone B.V.
  • FORMOSA HEAVY INDUSTRIES
  • Hangzhou Boiler Group
  • JFE ENGINEERING
  • Siemens
  • Thermax Global
  • TOSHIBA CORPORATION
  • Valmet
  • ZHENGZHOU BOILER
Market driver
  • Deregulation of the power market
  • For a full, detailed list, view our report
Market challenge
  • Restrictions on carbon emissions
  • For a full, detailed list, view our report
Market trend
  • Need for energy efficiency
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Power Boiler Market 2017-2021

Technavio recognizes the following companies as the key players in the global power boiler market: Amec Foster Wheeler, Babcock & Wilcox Enterprises, DONGFANG BOILER GROUP, General Electric, Harbin Electric, and MITSUBISHI HITACHI POWER SYSTEMS.

Other Prominent Vendors in the market are: ANDRITZ, BHEL, BGR Energy Systems, Cethar, Doosan Lentjes, E.ON, F&H Crone B.V., FORMOSA HEAVY INDUSTRIES, Hangzhou Boiler Group, JFE ENGINEERING, Siemens, Thermax Global, TOSHIBA CORPORATION, Valmet, and ZHENGZHOU BOILER.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is need for energy efficiency. Efficiency is one of the most desired factors in the energy sector to address the depleting sources of conventional energy and address the growing demand for electricity. By achieving greater levels of efficiency, higher power output is generated with the same amount of resource and without additional harmful emissions.”

According to the report, one driver in the market is deregulation of the power market. The electrical grid is a complex and dynamic interconnected system comprised of power generating plants, transmission lines, and a distribution network. Earlier, an electrical grid was largely managed and maintained by a single entity, which created a monopolistic market scenario, making it impossible for anyone to foray into the power and distribution market. To prevent the abuse of monopoly position, the power and distribution market was deregulated to induce a sense of competition and to improve the services to the end-users.

Further, the report states that one challenge in the market is restrictions on carbon emissions. Government bodies worldwide are implementing measures to reduce GHG emissions from energy-related activities. Amid international agreements such as Kyoto Protocol, the foothold of coal-powered electricity generation in the global energy mix, which was once firm is turning precarious. Agencies such as EPA, the Intergovernmental Panel on Climate Change, and the Climate Change Act of 2008 have laid down targets for reducing emissions. For instance, the US, the UK, and China have laid down restrictions on CO2 emissions from new coal power plants.

Companies Mentioned

Amec Foster Wheeler, Babcock & Wilcox Enterprises, DONGFANG BOILER GROUP, General Electric, Harbin Electric, MITSUBISHI HITACHI POWER SYSTEMS, ANDRITZ, BHEL, BGR Energy Systems, Cethar, Doosan Lentjes, E.ON, F&H Crone B.V., FORMOSA HEAVY INDUSTRIES, Hangzhou Boiler Group, JFE ENGINEERING, Siemens, Thermax Global, TOSHIBA CORPORATION, Valmet, and ZHENGZHOU BOILER.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Factors affecting the global power boiler market
    • Key emission regulations
  • Market landscape
    • Market overview
      • Table Global power boiler market overview
    • Market size and forecast
      • Table Global power boiler market 2016-2021 ($ billions)
      • Table Global coal-fired power plant capacity by age 2012 (GW)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by fuel type
    • Global power boiler market by fuel type
      • Table Global power boiler market by fuel type 2016 and 2021 (%)
      • Table Global power boiler market by fuel type 2016-2021 ($ billions)
    • Coal-fired power boilers
      • Table Global coal-fired power boiler market 2016-2021 ($ billions)
      • Table Factors favoring coal power production
    • Gas-fired power boilers
      • Table Global gas-fired power boiler market 2016-2021 ($ billions)
      • Table Comparison of coal-fired plant and gas-fired plant
      • Table Indexed combined cycle gas turbine (CCGT) share in thermal power production2000-2014
      • Table Global electricity generation by fuel type 1973 and 2014 (%)
      • Table US net energy generation 2010
      • Table US net energy generation 2015
    • Oil-fired power boilers
      • Table Global oil-fired power boiler market 2016-2021 ($ billions)
  • Geographical segmentation
    • Global power boiler by geography
      • Table Global power boiler by geography 2016 and 2021 (%)
      • Table Global power boiler by geography 2016 - 2021 ($ billions)
    • APAC
      • Table Power boiler market in APAC 2016-2021 ($ billions)
      • Table Global electricity demand, CAGR 2012-2035 (%)
    • Americas
      • Table Power boiler market in Americas 2016-2021 ($ billions)
    • EMEA
      • Table Power boiler market in EMEA 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Advances in boiler technology
      • Table Supercritical versus conventional boilers
      • Table Global final direct investment in coal power generation (2006-2015)
    • Market challenges
      • Table Global CO2 emission from fuel combustion 2014 (%)
      • Table CO2 standard emission limits on upcoming thermal power plants across UK, US, and China
      • Table Global renewable investments 2002-2016 ($ billions)
      • Table Share of fossil fuels in global energy mix 2014 and 2035
      • Table Coal power plants in the US shortlisted for closure (GW)
  • Market trends
    • Need for energy efficiency
      • Table Cumulative investments in energy efficiency 2014-2035 ($ trillions)
    • District heating centers to use CHP
      • Table Reduction in CO2 emissions by mixing biomass in coal feedstock
    • Adoption of HRSG and CFB in power production
  • Vendor landscape
    • Competitive Landscape
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • Amec Foster Wheeler
      • Table Amec Foster Wheeler: Product overview
    • Babcock & Wilcox Enterprises
      • Table Babcock & Wilcox Enterprises: Boiler overview
    • DONGFANG BOILER GROUP
    • General Electric
      • Table General Electric: Boiler overview
    • Harbin Electric
    • MITSUBISHI HITACHI POWER SYSTEMS
      • Table MITSUBISHI HITACHI POWER SYSTEMS: Business segmentation
      • Table MITSUBISHI HITACHI POWER SYSTEMS: Product offerings - Fossil fuel power plants
      • Table MITSUBISHI HITACHI POWER SYSTEMS: Product offerings - Control systems
  • Appendix
    • List of abbreviations
  • Explore Technavio

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