Press release
Industrial Boiler Market Share Size Analysis 2022-2029
The Industrial Boiler Market is expected to grow at a CAGR of 8.99% during the forecast period 2022-2029. North America region has the highest market share in the Industrial Boiler Market, and it is further continuing its dominance during the forecast period.Browse Full Report at: https://www.datamintelligence.com/research-report/industrial-boiler-market
Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives, and opportunities in the market. In-depth regional and country-level illustration of the competitive landscape depends on several phases and status of clinical trials over the prominent economies of the globe, and also report contains a number of major companies profiled in the relevant market.
Market Drivers:
In a variety of industrial and commercial applications, including process steam, biomass boilers are the most eco-friendly option for space and process heating. The boilers are an excellent gas and oil-free alternative. For instance, the food processing industry in the United States uses nearly 10,000 boilers to meet its heating and power needs.
The 10,000 boilers currently in use in the food processing industry could be replaced by the proposed biomass boiler technology by as much as 20%, according to estimates. To meet the demand; businesses are making technological investments and actively incorporating new biomass boilers into all manufacturing industries that use industrial boilers. For instance, Babcock & Wilcox (B&W) announced in January 2022 that it had been awarded a contract worth more than US$ 11 million to design, produce, deliver, and install boiler equipment for the biomass boiler in Canada.
Download Sample Report at: https://www.datamintelligence.com/download-sample/industrial-boiler-market
Market Segmentation:
By Product:
• Steam Boiler
• Hot Water Boiler
• Industrial Heat Recovery & Waste Heat Boiler
• Energy Efficient Boiler
• Others
By Type:
• Fire-Tube
• Water-Tube
By Fuel:
• Natural Gas & Biomass
• Coal
• Oil
• Others
By Horsepower:
• 10-150 BHP
• 151-300 BHP
• 301-600 BHP
By End-User:
• Petrochemical
• Food & Beverage
• Pharmaceutical
• Power Generation
• Textile
• Others
Geographical Classification:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
Major Companies Listed:
Babcock & Wilcox Enterprises, Inc., GE Power, Siemens AG, John Wood Group PLC, Bharat Heavy Electricals Limited (BHEL), Robert Bosch GmbH, Mitsubishi Hitachi Power Systems, Ltd., Dongfang Electric Corporation Limited (DEC Ltd.), Harbin Electric Company Limited and IHI Corporation, among others.
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DataM Intelligence 4market Research LLP
Ground floor, DSL Abacus IT Park,
Industrial Development Area, Uppal,
Hyderabad, Telangana 500039.
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year, we have secured more than 100 unique customers from established organizations all over the world.
We monitor and analyse the market by dissecting various market influencers, competitive intensity, innovations, trends, and emerging products. This aids us in providing a detailed scenario of the present and future of the market.
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