Market Research Logo

Industrial Boilers Market by End-use Industry (Food, Chemical, Refineries, Primary Metal), Type (Water Tube, Fire Tube), Boiler Horsepower (10BHP-150BHP, 151BHP-300BHP, and 301BHP-600BHP), Fuel Type (Coal, Gas), and Region - Global Forecast to 2026

Industrial Boilers Market by End-use Industry (Food, Chemical, Refineries, Primary Metal), Type (Water Tube, Fire Tube), Boiler Horsepower (10BHP-150BHP, 151BHP-300BHP, and 301BHP-600BHP), Fuel Type (Coal, Gas), and Region - Global Forecast to 2026

“Industrial boilers market is projected to reach USD 17.77 billion by 2026”
The industrial boilers market is estimated to be USD 10.92 billion in 2016 and is projected to reach USD 17.77 billion by 2026, at a CAGR of 5.0% between 2016 and 2026. Factors such as increasing demand for clean energy sources, increasing number of natural power plants, and government initiatives to promote clean energy and reduce dependency on fossil fuels are key factors expected to boost the growth of the industrial boilers market. However, the high cost of boilers may restrain the growth of the industrial boilers market.

“The natural gas & biomass segment is expected to witness highest growth from 2016 to 2026”
Based on fuel type, the natural gas & biomass segment led the industrial boilers market, as a majority of end-use industries, such as chemical, primary metal, and food use natural gas as their primary fuel. The growth of the segment can also be attributed to the fact that natural gas & biomass boilers are gradually replacing coal-based boilers in developed countries, owing to lower operational cost of using natural gas as compared to other fuels.

“10BHP-150BHP is estimated to be the largest segment of the industrial boilers market”
Based on capacity, the industrial boilers market has been segmented into 10BHP-150BHP, 151BHP-300BHP, and 301BHP-600BHP. The industrial boilers market was dominated by the 10-150BHP segment, as most of end-use industries, such as chemical and food industry prefer boilers in range from 10BHP-150BHP.

“The chemical segment estimated to be the largest segment of the industrial boilers market”
Based on end-use industry, the industrial boilers market has been segmented into food, chemical, refineries, primary metal, and others. The chemical segment is expected grow at the highest CAGR from 2016-2026, as this industry plays an integral role in the economy and provides various inputs to different areas of the economy.

“The market in North America projected to grow witness highest growth during the forecast period”
The North America industrial boilers market is anticipated to witness highest growth between 2016 and 2026. The rising demand for energy and rapid installation of several power plants has led to the increased demand for industrial boilers in the region. In North America, the U.S. is decreasing its dependence on fossil fuel-based plants to reduce carbon footprint. The country is moving towards cleaner fuels, such as natural gas, biomass, biogas, solar thermal, and other renewable energy.

Breakdown of profile of primary participants:
By Company Type: Tier 1 – 10%, Tier 2 – 40%, and Tier 3 – 50%
By Designation: C Level – 45%, Director Level – 23%, and Others – 32%
By Region: Europe – 21%, North America – 16%, Asia-Pacific – 53%, and Middle East & Africa –10%

Major companies profiled in this report include Babcock & Wilcox Enterprises, Inc. (U.S.), Dongfang Electric Corporation Ltd. (China), Siemens AG (Germany), General Electric (U.S.), AC Boilers S.p.a. (Europe), Bharat Heavy Electricals Limited (India), Harbin Electric Group (China), IHI Corporation (Japan), Mitsubishi Hitachi Power Systems, Ltd. (Japan), and Thermax Limited (India).

Research Coverage
This report offers an overview of the market trends, drivers, and challenges with respect to the industrial boilers market. It also provides a detailed overview of the market across five regions, namely, Asia-Pacific, Europe, North America, Middle East & Africa, and South America. The report categorizes the industrial boilers market on the basis of type, boiler horsepower, fuel type, end-use industry, and region. A detailed analysis of leading players, along with key growth strategies adopted by them, is also covered in the report.

Reasons to buy the report
This report covers the following key aspects:
What will be the market size by 2021 and what will be the growth rate?
What are the key market trends?
What are the factors expected to drive the growth of the market?
What are the challenges that impact market growth?
Who are the key players in this market?
Global report covers key regions, such as North America, Europe, and Asia-Pacific, including major countries in these regions, such as the U.S., China, India, Russia, and Germany


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • KEY DATA FROM SECONDARY SOURCES
      • KEY DATA FROM PRIMARY SOURCES
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
      • KEY INDUSTRY INSIGHTS
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table GLOBAL INDUSTRIAL BOILERS MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE GLOBAL INDUSTRIAL BOILERS MARKET
    • GLOBAL INDUSTRIAL BOILERS MARKET, BY REGION
    • GLOBAL INDUSTRIAL BOILERS MARKET, BY TYPE
    • GLOBAL INDUSTRIAL BOILERS MARKET: ASIA-PACIFIC IS THE LARGEST MARKET
    • GLOBAL INDUSTRIAL BOILERS MARKET: EMERGING VS DEVELOPED COUNTRIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET SEGMENTATION
      • BY TYPE
      • BY END-USE INDUSTRY
      • BY BOILER HORSEPOWER
      • BY FUEL TYPE
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table TOP 10 NATURAL GAS PRODUCERS
      • RESTRAINTS
        • Table GLOBAL AIR POLLUTANT EMISSION LIMITS
        • Table CHINA: THERMAL POWER BOILER AIR POLLUTANT LIMITS
      • OPPORTUNITIES
    • CHALLENGES
    • COST STRUCTURE ANALYSIS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • REVENUE POCKET MATRIX
      • REVENUE POCKET MATRIX FOR INDUSTRIAL BOILERS, BY END-USE INDUSTRY, 2015
      • REVENUE POCKET MATRIX FOR INDUSTRIAL BOILERS MARKET, BY TYPE, 2015
      • REVENUE POCKET MATRIX FOR INDUSTRIAL BOILERS MARKET, BY BOILER HORSEPOWER, 2015
      • REVENUE POCKET MATRIX FOR INDUSTRIAL BOILERS MARKET, BY FUEL TYPE, 2015
    • ECONOMIC INDICATORS
      • INDUSTRY OUTLOOK
        • Table DATA OF FUEL CONSUMED BY REFINERIES IN THE U.S.
        • Table PRIMARY METALS INDUSTRY INDEXES AND GROWTH RATE, 2014
        • Table STEEL DEMAND FORECAST, FINISHED STEEL PRODUCTS, 2016
  • INDUSTRIAL BOILERS MARKET, BY FUEL TYPE
    • INTRODUCTION
    • MARKET SIZE AND PROJECTION
      • Table INDUSTRIAL BOILERS MARKET, BY FUEL TYPE, 2014-2026 (USD BILLION)
    • NATURAL GAS & BIOMASS
      • Table NATURAL GAS & BIOMASS SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • COAL
      • Table COAL SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • OIL
      • Table OIL SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • OTHERS
      • Table OTHERS SEGMENT, BY REGION, 2014-2026 (USD BILLION)
  • INDUSTRIAL BOILERS MARKET, BY TYPE
    • INTRODUCTION
    • MARKET SIZE AND PROJECTION
      • Table INDUSTRIAL BOILERS MARKET, BY TYPE, 2014-2026 (USD BILLION)
    • WATER TUBE
      • Table WATER TUBE SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • FIRE TUBE
      • Table FIRE TUBE SEGMENT, BY REGION, 2014-2026 (USD BILLION)
  • INDUSTRIAL BOILERS MARKET, BY BOILER HORSE POWER
    • INTRODUCTION
      • Table INDUSTRIAL BOILERS MARKET,BY BOILER HORSE POWER, 2014-2026 (USD BILLION)
    • 10BHP-150BHP
      • Table 10BHP-150BHP SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • 151BHP-300BHP
      • Table 151BHP-300BHP SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • 301BHP-600BHP
      • Table 301BHP-600BHP SEGMENT, BY REGION, 2014-2026 (USD BILLION)
  • INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD BILLION)
    • FOOD
      • Table FOOD SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • CHEMICAL
      • Table CHEMICAL SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • REFINERIES
      • Table REFINERIES SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • PRIMARY METAL
      • Table PRIMARY METAL SEGMENT, BY REGION, 2014-2026 (USD BILLION)
    • OTHERS
      • Table OTHERS SEGMENT, BY REGION, 2014-2026 (USD BILLION)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table INDUSTRIAL BOILERS MARKET, BY REGION, 2014-2026 (USD BILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC INDUSTRIAL BOILERS MARKET, BY COUNTRY, 2014-2026 (USD BILLION)
      • Table ASIA-PACIFIC INDUSTRIAL BOILERS MARKET, BY TYPE, 2014-2026 (USD BILLION)
      • Table ASIA-PACIFIC INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD BILLION)
      • Table ASIA-PACIFIC INDUSTRIAL BOILERS MARKET, BY BOILER HORSE POWER, 2014-2026 (USD BILLION)
      • Table ASIA-PACIFIC INDUSTRIAL BOILERS MARKET, BY FUEL TYPE, 2014-2026 (USD BILLION)
      • CHINA
        • Table CHINA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • JAPAN
        • Table JAPAN INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • NEW ZEALAND
        • Table NEW ZEALAND INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • INDIA
        • Table INDIA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • HONG KONG
        • Table HONG KONG INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
    • EUROPE
      • Table EUROPE INDUSTRIAL BOILERS MARKET, BY COUNTRY, 2014-2026 (USD BILLION)
      • Table EUROPE INDUSTRIAL BOILERS MARKET, BY TYPE, 2014-2026 (USD BILLION)
      • Table EUROPE INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD BILLION)
      • Table EUROPE INDUSTRIAL BOILERS MARKET, BY BOILER HORSE POWER, 2014-2026 (USD BILLION)
      • Table EUROPE INDUSTRIAL BOILERS MARKET, BY FUEL TYPE, 2014-2026 (USD BILLION)
      • GERMANY
        • Table GERMANY INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD BILLION)
      • FRANCE
        • Table FRANCE INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • U.K.
        • Table U.K. INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • SPAIN
        • Table SPAIN INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • ITALY
        • Table ITALY INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • BELGIUM
        • Table BELGIUM INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • RUSSIA
        • Table RUSSIA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA INDUSTRIAL BOILERS MARKET, BY COUNTRY, 2014-2026 (USD BILLION)
      • Table NORTH AMERICA INDUSTRIAL BOILERS MARKET, BY TYPE, 2014-2026 (USD BILLION)
      • Table NORTH AMERICA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD BILLION)
      • Table NORTH AMERICA INDUSTRIAL BOILERS MARKET, BY BOILER HORSE POWER, 2014-2026 (USD BILLION)
      • Table NORTH AMERICA INDUSTRIAL BOILERS MARKET, BY FUEL TYPE, 2014-2026 (USD BILLION)
      • U.S.
        • Table U.S. INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • CANADA
        • Table CANADA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • MEXICO
        • Table MEXICO INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA INDUSTRIAL BOILERS MARKET, BY COUNTRY, 2014-2026 (USD BILLION)
      • Table MIDDLE EAST & AFRICA INDUSTRIAL BOILERS MARKET, BY TYPE, 2014-2026 (USD BILLION)
      • Table MIDDLE EAST & AFRICA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD BILLION)
      • Table MIDDLE EAST & AFRICA INDUSTRIAL BOILERS MARKET, BY BOILER HORSE POWER, 2014-2026 (USD BILLION)
      • Table MIDDLE EAST & AFRICA INDUSTRIAL BOILERS MARKET, BY FUEL TYPE, 2014-2026 (USD BILLION)
      • IRAN
        • Table IRAN INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • UAE
        • Table UAE INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA INDUSTRIAL BOILERS MARKET, BY COUNTRY, 2014-2026 (USD BILLION)
      • Table SOUTH AMERICA INDUSTRIAL BOILERS MARKET, BY TYPE, 2014-2026 (USD BILLION)
      • Table SOUTH AMERICA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD BILLION)
      • Table SOUTH AMERICA INDUSTRIAL BOILERS MARKET, BY BOILER HORSE POWER, 2014-2026 (USD BILLION)
      • Table SOUTH AMERICA INDUSTRIAL BOILERS MARKET, BY FUEL TYPE, 2014-2026 (USD BILLION)
      • BRAZIL
        • Table BRAZIL INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • COLOMBIA
        • Table COLOMBIA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • PERU
        • Table PERU INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA INDUSTRIAL BOILERS MARKET, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
      • CONTRACT & AGREEMENTS: THE MOST POPULAR GROWTH STRATEGY
    • INDUSTRIAL BOILERS: GROWTH STRATEGIES, BY COMPANY, 2013-2016
    • INDUSTRIAL BOILERS MARKET SHARE, BY COMPANY, 2015
    • MAXIMUM DEVELOPMENTS IN 2015
      • CONTRACTS & AGREEMENTS
        • Table CONTRACTS & AGREEMENTS, 2013-2016
      • EXPANSIONS
        • Table EXPANSIONS, 2015
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2014
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2015
  • COMPANY PROFILES
    • AMEC FOSTER WHEELER PLC
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BABCOCK & WILCOX ENTERPRISES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • DONGFANG ELECTRIC CORPORATION LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GENERAL ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AC BOILERS S.P.A
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • BHARAT HEAVY ELECTRICALS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • HARBIN ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • IHI CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENT
    • MITSUBISHI HITACHI POWER SYSTEMS, LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • THERMAX LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • AB&CO GROUP
    • ALFA LAVAL AALBORG
    • ANDRITZ ENERGY & ENVIRONMENT
    • SUZHOU HAILU HEAVY INDUSTRY
    • ROBEY-WELLMAN BOILERS & FURNACES LTD.
    • TAI YUAN BOILER GROUP
    • VAPOR POWER INTERNATIONAL, LLC
    • SUPERIOR BOILER WORKS INC.
    • BRYAN STEAM LLC
    • HURST BOILER & WELDING COMPANY, INC.
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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

Share this report