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Global Industrial Boiler Market Will Reach At CAGR Of 5.5% Between 2017-2021

Press Release   •   Feb 13, 2017 05:24 EST

About Industrial Boilers

A boiler is typically a closed vessel and has water stored inside it. In this heating system, a furnace is required to heat the boiler. Fuels such as coal are used to generate the heat. Subsequently, the heated air comes in contact with the vessel and convection takes place, heating the water inside the vessel. The heated water eventually produces steam.

Technavios analysts forecast the global industrial boilers market to grow at a CAGR of 5.5% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global industrial boilers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of industrial boilers.

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




Technavio's report, Global Industrial Boilers 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

Alfa Laval

Amec Foster Wheeler

GE Steam Power

Mitsubishi Hitachi

Other prominent vendors

AB&CO Group

Advanced Recycling Equipment

ANDRITZ Energy & Environment

B&S Piping

Babcock & Wilcox

Bharat Heavy Electricals


Columbia Boiler Company

Dongfang Boiler Group Company


ETA Heiztechnik

Fulton Boiler Works

Hangzhou Boiler Group

Hurst Boiler & Welding Company

Harbin Power Equipment


Indeck Power Equipment

Kawasaki Heavy Industries

Kohlbach Group


Le.Groupe Simoneau

Mitsubishi Heavy Industries

Miura Boiler

Parker Boiler

Rentech Boiler Systems

Suzhou Hailu Heavy Industry

Superior Boiler Works

Tai Yuan Boiler Group

Taishan Group


TT Boilers

Wellman Group

Wellman Robey

Wuxi Huanguang Boiler Company

York-Shipley Global

Zhengzhou Boiler

Market driver

Need to meet emission standards

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Market challenge

Replacement of steam-powered propulsion systems in LNG carriers

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Market trend

Improving biomass combustion efficiency using new materials

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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?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market size and forecast

Five forces analysis

PART 06: Market segmentation by end-user

Market overview

Food processing

Chemical and petrochemical

Paper and pulp

Oil and gas

Power generation

PART 07: Geographical segmentation

Market overview




PART 08: Market drivers

Need to meet emission standards

Emerging geothermal technology for clean energy

Development of ultra-mega power projects in emerging economies

PART 09: Impact of drivers

PART 10: Market challenges

High capital and installation requirements

Replacement of steam-powered propulsion systems in LNG carriers

Lack of skilled workforce

PART 11: Impact of drivers and challenges

PART 12: Market trends

Future demands of NOx reduction driving design variations

Biomass as fuel

Improving biomass combustion efficiency using new materials

PART 13: Vendor landscape

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