Industrial Boilers Market Global outlook 2021 to 2026: AMEC Foster Wheeler, Dongfang Electric, General Electric, Siemens

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The global industrial boilers market size was valued at USD 13.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.0% from 2021 to 2027

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Industrial Boilers Market: AMEC Foster Wheeler, Dongfang Electric, General Electric, Siemens, AC Boilers, Bharat Heavy Electricals, Harbin Electric, IHI, Mitsubishi Hitachi Power Systems, Thermax, Ab&Co Group, Alfa Laval, Andritz Energy & Environment, Suzhou Hailu, Robey-Wellman Boilers & Furnaces, Taiyuan Boiler, Vapor Power International, Superior Boiler Works, Bryan Steam, Hurst Boiler & Welding Compan

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Global Industrial Boilers Market Split by Product Type and Applications:

Segment by Type
200MW below
200MW-500MW
500MW or above

Segment by Application
Power
Metallurgy
Petrochemical industry
Other

Industrial boilers are used by multiple industries including food and beverage, petrochemical, power, and chemical. Boilers produce steam which is then used to carry out heating processes. The steam produced is transferred to the area of operation through pipes. In order to produce the steam, boilers use different types of fuels including oil and gas, fossil, non-fossil, and biomass.  The technology used in industrial boilers has been constantly evolving as per its requirements in various industries. These boilers are designed to comply with the emission standards set by EPA, i.e. national emission standards pertaining to air pollutants released by industrial boilers. These industrial boilers are used by multiple industries, such as food & beverage, petrochemical, power, and chemical. A boiler is a closed pressure vessel that offers a heat transfer surface between the combustion products and the water. It is usually integrated into a system with various components including burner, deaerator, economizer, heat exchanger, and tubes. The main objective of industrial boilers is to create heat and steam for various processes including steaming and batching in different industries.

Regional Outlook of Industrial Boilers Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India, and ROW.

Influence of the Industrial Boilers Market Report:

-Comprehensive assessment of all opportunities and risk in the Industrial Boilers market.

-Industrial Boilers market recent innovations and major events.

-Detailed study of business strategies for growth of the Industrial Boilers market-leading players.

-Conclusive study about the growth plot of Industrial Boilers market for forthcoming years.

-In-depth understanding of Industrial Boilers market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Industrial Boilers market.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Industrial Boilers Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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