Power Boiler is applying heat energy to water to create steam. The steam produced by the power boiler transferred through piping to number of applications. Rapid industrialization in developing countries and switch to cleaner power generation sources such as biomass, biogas in developed countries is estimated to drive the Power Boiler Market and is expected to register a significant growth of 4% in the next six years.
Asia-Pacific region is a major contributor to the Power Boiler Market and expected to retain its majority during the forecast period. Europe & North America market is expected to grow at decent pace during the forecast period.
Power Boiler Market is expected to grow with the CAGR of about 4% from 2016 to 2022. Due to rapid industrialization & urbanization, demand for the power is increases. To meet this demand, government is heavily investing in new power plants which will drive the Power Boiler market.
Scope of the report
This study provides an overview of the Power Boiler industry, tracking market segments across the categorized five geographic regions. The report provides a six-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The scope of the study segments the Power Boiler market based on Type, Technology, & Fuel Type.
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The leading players in the Power boiler markets are
- Siemens AG,
- Babcock & Wilcox,
- Mitsubishi Hitachi Power System,
- AMEC Foster Wheeler,
- Thermax Ltd,
- Harbin Electric,
- Hangzhou Boiler Group,
Asia Pacific held the major share within the Power Boiler Market
Asia-Pacific region is a major contributor to the Power Boiler market. Rapid expansions in the industrialization, increase the demand for Power. To meet the growing demand China alone is expected to add 65 GW to 85 GW of capacity every year to its power generation sector. This has led to high demand for boilers in these region.
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Table of Content
1. Report Prologue
2.2. Scope Of The Study
2.2.1. Research Objective
2.3. Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
4. Market Dynamics
List of Tables
Table 1 Global Xlpe Cable Market Snapshot
Table 2 Drivers For The Market
Table 3 Restraints For The Market
Table 4 Power Boiler Market, By Type, 2016-2022 (Usd Million)
Table 5 Pulverized Fuels: Power Boiler Market, By Region, 2016-2022 (Usd Million)
List of Figures
Figure 1 Research Methodology
Figure 2 Impact Analysis: Drivers And Restraints
Figure 3 Power Boiler Market, By Type, 2016-2022 (Usd Million)
Figure 4 Power Boiler Market, By Technology, 2016-2022 (Usd Million)
Figure 5 Power Boiler Market, By Fuel Type, 2016-2022 (Usd Million)
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