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Market Research Report

Power Boilers

Published by Global Industry Analysts, Inc. Product code 298942
Published Content info 140 Pages
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Power Boilers
Published: April 1, 2021 Content info: 140 Pages
Description

Abstract:

Global Power Boilers Market to Reach 113.6 Thousand Megawatts by 2027

Amid the COVID-19 crisis, the global market for Power Boilers estimated at 95 Thousand Megawatts in the year 2020, is projected to reach a revised size of 113.6 Thousand Megawatts by 2027, growing at a CAGR of 2.6% over the period 2020-2027.

The U.S. Market is Estimated at 25.7 Thousand Megawatts, While China is Forecast to Grow at 4.8% CAGR

The Power Boilers market in the U.S. is estimated at 25.7 Thousand Megawatts in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 22.7 Thousand Megawatts by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Select Competitors (Total 44 Featured) -

  • ANDRITZ AG
  • Bharat Heavy Electricals Limited
  • Bosch Industriekessel GmbH
  • Cannon Far East
  • China Western Power Industrial Co., Ltd.
  • Cleaver-Brooks, Inc.
  • Danstoker A/S
  • Doosan Heavy Industries & Construction Co. Ltd.
  • Doosan Lentjes GmbH
  • GE Power
  • Hangzhou Boiler Group Co., Ltd.
  • Harbin Boiler Company Limited
  • IHI Corporation
  • John Wood Group PLC
  • Mitsubishi Hitachi Power Systems, Ltd.
  • Miura Co., Ltd.
  • Outotec Oyj
  • Shanghai SMEC Enterprise Co., Ltd.
  • Sichuan Dongfang Boiler Group Co., Ltd.
  • Siemens AG
  • Sumitomo SHI FW
  • Takuma Co., Ltd.
  • Thermax Limited
  • Valmet Oyj
  • Wuhan Boiler Co., Ltd.
Table of Contents
Product Code: MCP-8060

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Power Boilers: Steam Generation Systems for Power Generation at the Utility Level
    • Recent Market Activity
    • Growing Number of Thermal Power Plants with Enhanced Operational Efficiencies and Reduced Emissions: The Fundamental Growth Driver
    • Clean Coal Power Technologies to Drive Global Thermal Power Generation Sector
    • Rising Investments in Clean Technology-Based Coal Power Capacities
    • Need for Attaining Energy Security, Stability, and Independence while Minimizing Carbon Footprint Drive Adoption
    • Cleaner Coal Technologies: Need of the Hour in the United States
    • Market Fortunes Intrinsically Tied to Trends in the Global Energy Sector
    • Global Energy Trends Summarized
    • Slower Growth
    • New Technologies and Fuels to Provide Competitive Advantage
    • Policies Encourage Clean Energy
    • Changing Global Power Sector Landscape
    • Power Sector Innovations: Both Supportive and Disruptive
    • Cyber Security Become Critical
    • Global Market Outlook
    • Improving Economy Signals Market Growth Opportunities
    • China: Growth Engine for the Global Power Boilers Market
    • Coal Power Continues to Dominate Chinese Power Generation
    • Impact of Covid-19 and a Looming Global Recession
  • 2. FOCUS ON SELECT PLAYERS
    • AC Boilers S.p.A. (Italy)
    • ANDRITZ AG (Austria)
    • ANDRITZ Energy & Environment GmbH (Austria)
    • Babcock & Wilcox Enterprises, Inc. (USA)
    • Bosch Industriekessel GmbH (Germany)
    • Bharat Heavy Electricals Limited (India)
    • Cannon Far East (China)
    • China Western Power Industrial Co., Ltd. (China)
    • Cleaver-Brooks, Inc. (USA)
    • Doosan Heavy Industries & Construction Co. Ltd., (South Korea)
    • Doosan Lentjes GmbH (Germany)
    • GE Power (USA)
    • Wuhan Boiler Co., Ltd. (China)
    • Hangzhou Boiler Group Co., Ltd. (China)
    • Harbin Electric Corporation Co., Ltd (China)
    • Harbin Boiler Company Limited (China)
    • IHI Corporation (Japan)
    • John Wood Group PLC (UK)
    • Kawasaki Heavy Industries, Ltd. (Japan)
    • Larsen & Toubro Limited (India)
    • LOINTEK (Spain)
    • Mitsubishi Hitachi Power Systems, Ltd. (MHPS) (Japan)
    • Miura Co., Ltd. (Japan)
    • Outotec Oyj (Finland)
    • Shanghai SMEC Enterprise Co., Ltd. (China)
    • Sichuan Dongfang Boiler Group Co., Ltd. (China)
    • Siemens AG (Germany)
    • Sumitomo SHI FW (Japan)
    • Taishan Group Tai'an Boao International Trade Co., Ltd. (China)
    • Takuma Co., Ltd. (Japan)
    • Thermax Limited (India)
    • Danstoker A/S (Denmark)
    • Valmet Oyj (Finland)
  • 3. MARKET TRENDS & DRIVERS
    • Steady Proliferation of Smart Power Boilers Featuring NOx Reduction, Fuel Flexibility, and Improved Operational Efficiency Drives Market Growth
    • Power Generation Facilities of the Future to be 'Connected' for Greater Operational Efficiencies
    • Boiler Optimization: Enhancing Operating Efficiency during Power Generation
    • Market Maturity Encourages Vendors to Focus on Integrated Optimization Offerings
    • Hybrid Optimization Technologies: A Potential Game Changer
    • Snapshot of Select Advanced Technologies Used for Boiler Optimization
    • Novel Smart Technology to Monitor Boiler Water Level
    • The Urgent Need for Retrofitting to Make Legacy Boilers Future-Ready Drives Market Demand for New-Age Boiler Systems and Solutions
    • Fully Metered System or Parallel Positioning
    • VFDS & O2 TRIM
    • Tradeoffs
    • Low NOx Burners
    • Liquid Wood
    • Surging Energy Consumption and the Resulting Rise in Power Generation Provides the Perfect Platform for Market Growth
    • Boiler Demand Benefits from Continued Dominance of Coal-Fired Power Generation despite Rising Interest in Renewable Sources
    • Declining Production Cost of Coal-Fired Power Generation Bodes Well for the Market
    • Despite Coal-Fired Thermal Power Dominance,Several Issues Hamper Market Prospects for Boilers
    • Inherent Benefits of High Efficiency, Low Costs, and Lower Carbon Footprint Drive Demand for Circulating Fluidized Bed Boilers
    • Benefits of CFB Boiler Technology
    • Utilities Embrace CFB Technology for Fuel Flexibility
    • Transition towards Flexible Solid Fuels
    • Advantages of CFB over PC Boilers
    • CFB Technology's Place in the Global Renewables Landscape
    • CFB Option Provides Optimal Value
    • Asia-Pacific: The CFB Boiler Market with the Highest Growth Potential
    • Need to Enhance Efficiency Levels of Thermal Power Plants Drive Demand for Waste Heat Boilers
    • Ongoing Shift to Renewable Energy Sources Rubs Off Sheen of Fossil Fuel Power
    • Technology Innovations and Advancements: Spearheading Growth
    • Artificial Intelligence (AI) for Testing Coal Plant Boiler Combustion
    • Drones for Safer Visual Assessment of Boilers
    • New Advanced Green Boiler Technology by PARAT Halvorsen
    • ABB Ability: Enabling Utilities to Monitor Power Plants Remotely
    • Sophisticated HRSG and Boiler Designs
    • Advanced PFBC (A-PFBC)
    • Integrated Coal Gasification Combined Cycle (IGCC)
    • Supercritical Technology
    • Aging Power Boiler Units Provide Revenue-Generation Opportunities for MRO Service Providers
    • Growing Demand for Biomass as an Energy Source in Utility Boilers
    • The Important Role of Energy Conservation in Boilers
    • Feed Water Preheating using Economizer
    • Stack Temperature
    • Combustion Air Preheat
    • Incomplete Combustion
    • Excess Air Control
    • Automatic Blowdown Control
    • Heat Loss Due to Convection and Radiation
    • Lowering of Soot Losses and Scaling
    • Proper Boiler Scheduling
    • Impact of Boiler Loading on Efficiency
    • Variable Speed Control
    • Lowering Boiler Steam Pressure
    • Boiler Replacement
    • Developing Economies to Drive Current and Future Market Growth
    • Liberalization and Privatization in Developing Countries Offer Significant Growth Opportunities
    • Exponential Increase in Global Population & Urbanization Rate: A Mega Trend Benefiting Market Prospects
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Current & Future Analysis for Power Boilers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
    • TABLE 2: World Historic Review for Power Boilers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
    • TABLE 3: World 15-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

  • UNITED STATES
    • TABLE 4: USA Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 5: USA Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • CANADA
    • TABLE 6: Canada Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 7: Canada Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • JAPAN
    • TABLE 8: Japan Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 9: Japan Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • CHINA
    • TABLE 10: China Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 11: China Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • EUROPE
    • TABLE 12: Europe Current & Future Analysis for Power Boilers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
    • TABLE 13: Europe Historic Review for Power Boilers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
    • TABLE 14: Europe 15-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027
  • FRANCE
    • TABLE 15: France Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 16: France Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • GERMANY
    • TABLE 17: Germany Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 18: Germany Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • ITALY
    • TABLE 19: Italy Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 20: Italy Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • UNITED KINGDOM
    • TABLE 21: UK Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 22: UK Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • SPAIN
    • TABLE 23: Spain Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 24: Spain Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • RUSSIA
    • TABLE 25: Russia Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 26: Russia Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • REST OF EUROPE
    • TABLE 27: Rest of Europe Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 28: Rest of Europe Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • ASIA-PACIFIC
    • TABLE 29: Asia-Pacific Current & Future Analysis for Power Boilers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
    • TABLE 30: Asia-Pacific Historic Review for Power Boilers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
    • TABLE 31: Asia-Pacific 15-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027
  • AUSTRALIA
    • TABLE 32: Australia Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 33: Australia Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • INDIA
    • TABLE 34: India Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 35: India Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • SOUTH KOREA
    • TABLE 36: South Korea Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 37: South Korea Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • REST OF ASIA-PACIFIC
    • TABLE 38: Rest of Asia-Pacific Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 39: Rest of Asia-Pacific Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • LATIN AMERICA
    • TABLE 40: Latin America Current & Future Analysis for Power Boilers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
    • TABLE 41: Latin America Historic Review for Power Boilers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
    • TABLE 42: Latin America 15-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027
  • ARGENTINA
    • TABLE 43: Argentina Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 44: Argentina Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • BRAZIL
    • TABLE 45: Brazil Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 46: Brazil Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • MEXICO
    • TABLE 47: Mexico Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 48: Mexico Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • REST OF LATIN AMERICA
    • TABLE 49: Rest of Latin America Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 50: Rest of Latin America Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • MIDDLE EAST
    • TABLE 51: Middle East Current & Future Analysis for Power Boilers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
    • TABLE 52: Middle East Historic Review for Power Boilers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
    • TABLE 53: Middle East 15-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027
  • IRAN
    • TABLE 54: Iran Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 55: Iran Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • ISRAEL
    • TABLE 56: Israel Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 57: Israel Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • SAUDI ARABIA
    • TABLE 58: Saudi Arabia Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 59: Saudi Arabia Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • UNITED ARAB EMIRATES
    • TABLE 60: UAE Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 61: UAE Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • REST OF MIDDLE EAST
    • TABLE 62: Rest of Middle East Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 63: Rest of Middle East Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
  • AFRICA
    • TABLE 64: Africa Current & Future Analysis for Power Boilers by Segment - Power Boilers - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
    • TABLE 65: Africa Historic Review for Power Boilers by Segment - Power Boilers Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR

IV. COMPETITION

  • Total Companies Profiled: 44
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