Industrial Boiler is a device which is used for supplying steam and heat exchange required for industrial processing at power plant. Industrial Boilers uses the traditional fuels such as natural gas, coal, liquid fuel and alternative fuel such as biomass and biogas.
Increasing number of natural power plants is one of the major driver for the growth of industrial boilers market.
The growing demand for clean energy sources and government initiatives to support clean energy is another factor, which is fueling the growth in the market whereas high cost associated with the maintenance of the industrial boilers can act as the restraining factor in the market.
Improving combustion efficiency of biomass using new materials will boost the market of industrial boiler in the coming years.
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The “Global Industrial Boiler Market Analysis to 2025” is a specialized and in-depth study of the industrial boiler industry with a focus on the global market trend. The report aims to provide an overview of global industrial boiler market with detailed market segmentation by fuel, type, technology, capacity, application and geography.
The global industrial boiler market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the industrial boiler players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial boiler market based on fuel, type, technology, capacity and application.
It also provides market size and forecast till 2025 for overall industrial boiler market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments.
The report covers analysis and forecast of 15 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key industrial boiler market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the key players influencing the market are AMEC Foster Wheeler PLC, Babcock & Wilcox Enterprises Inc., Dongfang Electric Corporation Ltd., General Electric Company, Siemens AG, AC Boilers S.P.A, Bharat Heavy Electricals Limited, Harbin Electric Company, Mitsubishi Hitachi Power Systems Ltd., and Thermax Limited.
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