Boiler System Market Challenges, Key Players, Industry Segments, Development, Opportunities, Forecast Report 2022
Market Synopsis of Global Boiler System
Boiler is a pressure vessel that is used to create and supply steam required for various processes within industries. Industrial Boilers are extensively used across industries such as metal, food & beverage and chemical. The recent trends in the industrial boiler market suggest increasing demand for higher efficiency and effectively. The growth of Global boiler system is due to factors such as significant growth in the food processing sector and growing demand for clean energy sources. However, high maintenance cost is the major restraint that could hinder the market growth.
The Global Boiler System Market was valued at USD 1,900.4 million in 2014, and is expected to reach USD 3,573.6 million by 2022.
- Danstoker Boilers (Denmark),
- Bosch Industriekessel (Germany),
- Babcock & Wilcox Enterprises, Inc. (U.S.),
- AC Boilers S.p.A (Italy),
- Mitsubishi Hitachi Power Systems, Ltd. (Japan),
- ATTSU Termica (Spain),
- Rentech Boilers (U.S.),
- Byworth Boilers (U.K.),
- Proodos Industrial Boilers (Greece),
- Siemens AG (Germany)
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Regional Analysis of Global Boiler System Market
Europe and Asia-Pacific are expected to witness significant growth during the forecast period mainly due to the presence of established manufacturing industries which support the growth of the boiler system market. Rising rate of industrialization and increasing demand for energy in the Asia-pacific region are also expected to boost the sales in the global boiler system market.
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Study objectives of Global Boiler System Market
- To provide detailed analysis of the market structure along with forecast for the next ten years of various segments and sub-segments of the Global boiler system market.
- To provide insights about factors affecting the market growth
- To analyze Global boiler system market based on various tools such as Price Analysis, Supply Chain Analysis and Porters Five Force Analysis.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to countries –North America, Europe, Asia-Pacific, Rest of the world.
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by type, by capacity and by countries.
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global boiler system market.
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Table of Content
1.1 Definition 11
1.2 Scope of the Study 11
1.3 Assumptions 11
1.4 Market Structure 11
2.1 Research Process 13
2.2 Primary Research 14
2.3 Secondary Research 14
2.4 Market Size Estimation 14
2.5 Forecast Model 16
3.1 Drivers 17
3.1.1 Significant Growth in the Food Processing Sector 17
3.1.2 Growing Demand for Clean Energy Sources 17
3.2 Restraints 17
3.2.1 High Maintenance Cost 17
3.3 Opportunities 18
3.3.1 Shifting Focus towards High Performance Boilers 18
4.1 Value Chain Analysis 19
4.1.1 Raw Material 19
4.1.2 Manufacturers 19
4.1.3 Distribution 20
4.1.4 End-users 20
4.1.5 After-sales Services 20