Press release
Low Pressure Boilers Market Forecast In Top Countries Of APAC, EMEA, Americas Regions 2018-2025
A boiler is an equipment designed to transfer heat to a fluid (water, natural gas, oil, etc.) until it is suitable for use. On the basis of pressure, there are two types of boilers, namely high pressure and low-pressure boilers and the major difference between the two is the amount of pressure per square inch or pounds per square inch gauge that the boiler produces. A low-pressure boiler exerts a maximum pressure of 160 pounds per square inch for water and 15 pounds per square inch for steam.
North America, followed by Asia Pacific, holds a major share in the global casted low-pressure boiler market, owing to the presence of various end user industries in this region. North America and Asia Pacific are estimated to hold almost half the total share of the global low pressure boiler market. Europe and North America are projected to be major consumers, owing to the presence of established OEM players in this region. However, Asia Pacific is expected to show significant growth during the forecast period, owing to the growing demand from the dependent sector and government initiatives in countries, such as India and China, to promote manufacturing, which will also contribute towards the growth of this market. The rest of the world is estimated to account for a relatively small share of the low-pressure boilers market.
The global Low Pressure Boilers market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Low Pressure Boilers in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Bosch Industriekessel GmbH
Forbes Marshall
Walchandnagar Industries
Bharat Heavy Electricals
Viessmann Werke
Hurst Boiler & Welding
S. Boiler Company
Baxi Heating
Taishan Group
Unilux Advanced Manufacturing
Fulton Boiler Works
Burnham Commercial
By the product type, the market is primarily split into
Horizontal Low Pressure Boiler
Vertical Low Pressure Boiler
By the end users/application, this report covers the following segments
Commercial
Residential
Industrial
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