Boiler Market Competitive Analysis, Segmentation and Opportunity Assessment 2029


Boiler Market size was valued at USD 15.46 Bn. in 2021 and the total Boiler revenue is expected to grow at a CAGR of 5.9% from 2022 to 2029, reaching nearly USD 24.45 Bn.

Boiler Market Overview:

The manufacturer's market growth drivers and challenges, as well as company plans, procedures, and a detailed financial strategy, are all explored in this research. Customization, as well as extensive information about industry potential, can meet customer expectations. The worldwide Boiler market study investigates the industry's competitive landscape and leading players. In light of modern industry conditions, this worldwide Boiler market study can help with structure planning.

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Market Scope:

The Boiler market is expected to grow at the quickest CAGR between 2022 and 2029. This research looks at the Boiler market, as well as expectations and valuations. This study and analysis of market drivers, challenges, and opportunities affecting the growth of the Boiler Market is included in this report. Four segments exist in the global market: type, source, end-user, and geography (country). The purpose of this study is to give a strategic analysis of the Boiler market in terms of individual growth trends, future prospects, and important sub-market participants' contributions. The strategic orientations, market positioning, and core capability assessments of leading industry participants are described. The main companies in the Boiler Market are profiled as well, with details on their most recent competitive breakthroughs, investments, strategic initiatives, and competitive landscape.

Segmentation:

By end-use industry, the Chemicals sector segment dominated the boiler market in 2021 with a market share of over 38.45%. With the highest CAGR of 5.4%, it is also anticipated to keep leading at the end of the forecast period.

In response to needs, technology has been evolving continuously. The EPA's emission standards are met by these boilers during construction. Industrial boilers used in distilleries produce steam that maintains a stable, moderate temperature that is ideal for good vessel heating, maintenance, and fermentation.

Custom boilers with unfired and fired vessels are widely used in petrochemical plants and oil refineries. Large boilers are used in the chemical industry to ensure proper electrical and heating supply during chemical production.

Key Players:
• A.O. Smith (US)
• Parker Boiler (US)
• Cleaver-Brooks, Inc. (US)
• Thermax Inc (US)
• Weil-McLain (US)
• Fulton Boiler Works, Inc. (US)
• General Electric (US)
• Babcock & Wilcox Enterprises, Inc. (US)
• BURNHAM COMMERCIAL BOILERS (US)
• Hurst Boiler & Welding Co, Inc. (US)
• Bryan Steam LLC (US)
• Superior Boiler (US)
• Vapor Power International LLC (US)
• Siemens AG (Germany)
• Cochran Ltd (UK)
• John Wood Group plc (UK)
• Vattenfall AB (Sweden)
• Alfa Laval AB (Sweden)
• Sofinter S.p.a (Iatly)

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Regional Analysis:

Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the five regions that make up the Boiler market. The countries portion of the research examines a variety of market elements that may influence present and future market trends, as well as changes in market rules at the country level. Some of the primary components used to forecast each country's market situation include consumption, production location and amount, import/export analysis, pricing analysis, raw material prices, and upstream and downstream value chain analysis. The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Boiler market growth in different nations.

Table Of Content:

1. Global Boiler Market: Research Methodology

2. Global Boiler Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Boiler Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Boiler Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact

4. Global Boiler Market Segmentation
4.1 Global Boiler Market, by Fuel Type (2021-2029)
• Natural Gas & Biomass
• Coal
• Oil
• Others
4.2 Global Boiler Market, by Boiler Type (2021-2029)
• Fire-Tube
• Water-Tube
4.3 Global Boiler Market, by Boiler Horsepower (2021-2029)
• 10-150 BHP
• 151-300 BHP
• 301-600 BHP
4.4 Global Boiler Market, by End-Use Industry (2021-2029)
• Chemical
• Food
• Refineries
• Metals & Mining
• Others

Key Reasons to Purchase

To get in-depth market analysis and a thorough understanding of the global market and its commercial landscape.

To reduce the risk of development, evaluate the production processes, significant issues, and remedies.

To comprehend the industry's most important driving and restraining forces, as well as their impact on the global market.

Learn about the market strategies used by the most successful companies in their fields.

To gain a better understanding of the market's future outlook and potential. 

Key Questions answered in the Boiler Market Report are:

Which product segment grabbed the largest share in the Boiler market?

How is the competitive scenario of the Boiler market?

Which are the key factors aiding the Boiler market growth?

Which region holds the maximum share in the Boiler market?

What will be the CAGR of the Boiler market during the forecast period?

Which application segment emerged as the leading segment in the Boiler market?

Which are the prominent players in the Boiler market?

What key trends are likely to emerge in the Boiler market in the coming years? 

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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Aerospace and Defense and other manufacturing sectors.

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway,Narhe, Pune, Maharashtra , India.
411041
India
Phone : +91 9607365656
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Published in

Energy , Business

Published on

Mar 09, 2023

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