Press release
Industrial Boiler Market Growing Rapidly by - Babcock & Wilcox Enterprises, Inc., GE Power, Siemens AG, John Wood Group PLC.
Will the Industrial Boiler market emerge as the sector's next great thing? To discover the answer, look at the Industrial Boiler market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the Machinery landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the Industrial Boiler market! (2031)
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Key Growth Drivers in Industrial Boiler Market:
Rising Demand for Biomass Boilers to Achieve Energy and Environmental Goals
Biomass boilers are increasingly recognized as a sustainable alternative for space and process heating across various industrial and commercial applications, including process steam generation. They offer a viable substitute for conventional oil and gas boilers, aligning with environmental goals and energy efficiency targets.
In the U.S. food processing industry alone, nearly 10,000 boilers are used to meet heating and power needs. Biomass boiler technology has the potential to replace up to 20% of these existing systems, highlighting its significant role in reducing reliance on fossil fuels and improving sustainability.
The growing demand for biomass boilers is driving firms to invest in and integrate this technology into their operations. For example, in January 2022, Babcock & Wilcox (B&W) announced that its renewable segment had secured a contract exceeding USD 11 million to design, manufacture, deliver, and install biomass boiler equipment in Canada. This investment underscores the industry's commitment to adopting renewable energy solutions and advancing environmental and energy goals.
DataM Intelligence profiles some of the most reputed organizations present in the Industrial Boiler market. They are as follows:
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.
Segment Covered in the Industrial Boiler Market:
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.
Regional Analysis:
The global Industrial Boiler Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Industrial Boiler Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Industrial Boiler Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Industrial Boiler manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Industrial Boiler in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQ's
Q.1. What are the primary drivers of the Industrial Boiler Industry?
Q.2. What are the main factors propelling and impeding the growth of the Industrial Boiler market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading Industrial Boiler market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the Industrial Boiler market now and in the future?
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Email: Sai.k@datamintelligence.com
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About Us -
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