PUBLISHER: IMARC | PRODUCT CODE: 1308491
PUBLISHER: IMARC | PRODUCT CODE: 1308491
Power Plant Boiler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global power plant boiler market size reached US$ 19.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.
A power plant boiler is a type of mechanical equipment that produces steam by heating water and utilizes it to generate energy. The boiler is incorporated in a furnace that burns fossil fuels and creates heat which gets transferred to water to form steam. Over the years, the efficiency of these boilers has increased significantly, with some systems having a fuel-to-steam efficiency as high as 90%. The shape and size of these boilers depend upon their utility and they are primarily installed in power stations and industries with steam-based or hot water operations. The different types of power plant boilers include circulating fluidized boilers, multi-tube boilers and pulverized boilers, each having their distinct purpose and application.
The rising energy demand across the globe is a key factor driving the growth of the market. To meet this ever-increasing demand, governments of various nations are heavily investing in the development of existing power plants and the construction of new facilities. Rapid urbanization, coupled with industrialization in the emerging countries, has further fueled the demand for power plant boilers. Additionally, growing concerns for carbon emissions, along with an increasing demand for highly efficient energy solutions, have led to technological advancements in the manufacturing and functioning of boilers. Moreover, increasing reliance on electronic appliances such as air conditioners, microwave ovens, and washing machines has increased the energy requirements in both developing and developed nations, which is projected to boost the product demand further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global power plant boiler market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, technology, fuel type and input capacity.
Breakup by Type:
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Pulverized Fuel Boiler
Circulation Fluidized Bed Boiler
Others
Breakup by Technology:
Subcritical
Supercritical
Ultra-Supercritical
Breakup by Fuel Type:
Coal
Oil
Gas
Others
Breakup by Input Capacity:
< 10 MMBtu/Hr
10-50 MMBtu/Hr
50-100 MMBtu/Hr
100-250 MMBtu/Hr
> 250 MMBtu/Hr
Breakup by Region:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Babcock & Wilcox, AMEC Foster Wheeler, Dongfang Electric, General Electric, Doosan Heavy Industries & Construction, BHEL, Mitsubishi Hitachi Power Systems, Siemens, IHI Corporation, Thermax, etc.
Key Questions Answered in This Report
- 1. How big is the global power plant boiler market?
- 2. What is the expected growth rate of the global power plant boiler market during 2023-2028?
- 3. What are the key factors driving the global power plant boiler market?
- 4. What has been the impact of COVID-19 on the global power plant boiler market?
- 5. What is the breakup of the global power plant boiler market based on the type?
- 6. What is the breakup of the global power plant boiler market based on the technology?
- 7. What is the breakup of the global power plant boiler market based on fuel type?
- 8. What are the key regions in the global power plant boiler market?
- 9. Who are the key players/companies in the global power plant boiler market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Power Plant Boiler Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Type
- 5.5 Market Breakup by Technology
- 5.6 Market Breakup by Fuel Type
- 5.7 Market Breakup by Input Capacity
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
6 Market Breakup by Type
- 6.1 Pulverized Fuel Boiler
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Circulation Fluidized Bed Boiler
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Technology
- 7.1 Subcritical
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Supercritical
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Ultra-Supercritical
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Fuel Type
- 8.1 Coal
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Oil
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Gas
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Input Capacity
- 9.1 < 10 MMBtu/Hr
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 10-50 MMBtu/Hr
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 50-100 MMBtu/Hr
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 100-250 MMBtu/Hr
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 > 250 MMBtu/Hr
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Asia Pacific
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Europe
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Middle East and Africa
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Latin America
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porter's Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Babcock & Wilcox
- 15.3.2 AMEC Foster Wheeler
- 15.3.3 Dongfang Electric
- 15.3.4 General Electric
- 15.3.5 Doosan Heavy Industries & Construction
- 15.3.6 BHEL
- 15.3.7 Mitsubishi Hitachi Power Systems
- 15.3.8 Siemens
- 15.3.9 IHI Corporation
- 15.3.10 Thermax
List of Figures
- Figure 1: Global: Power Plant Boiler Market: Major Drivers and Challenges
- Figure 2: Global: Power Plant Boiler Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Power Plant Boiler Market: Breakup by Type (in %), 2022
- Figure 4: Global: Power Plant Boiler Market: Breakup by Technology (in %), 2022
- Figure 5: Global: Power Plant Boiler Market: Breakup by Fuel Type (in %), 2022
- Figure 6: Global: Power Plant Boiler Market: Breakup by Input Capacity (in %), 2022
- Figure 7: Global: Power Plant Boiler Market: Breakup by Region (in %), 2022
- Figure 8: Global: Power Plant Boiler Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 9: Global: Power Plant Boiler Industry: SWOT Analysis
- Figure 10: Global: Power Plant Boiler Industry: Value Chain Analysis
- Figure 11: Global: Power Plant Boiler Industry: Porter's Five Forces Analysis
- Figure 12: Global: Power Plant Boiler (Pulverized Fuel Boiler) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 13: Global: Power Plant Boiler (Pulverized Fuel Boiler) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 14: Global: Power Plant Boiler (Circulation Fluidized Bed Boiler) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 15: Global: Power Plant Boiler (Circulation Fluidized Bed Boiler) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 16: Global: Power Plant Boiler (Other Types) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 17: Global: Power Plant Boiler (Other Types) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 18: Global: Power Plant Boiler (Subcritical) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 19: Global: Power Plant Boiler (Subcritical) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 20: Global: Power Plant Boiler (Supercritical) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 21: Global: Power Plant Boiler (Supercritical) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 22: Global: Power Plant Boiler (Ultra-Supercritical) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 23: Global: Power Plant Boiler (Ultra-Supercritical) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 24: Global: Power Plant Boiler (Coal) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 25: Global: Power Plant Boiler (Coal) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 26: Global: Power Plant Boiler (Oil) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 27: Global: Power Plant Boiler (Oil) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 28: Global: Power Plant Boiler (Gas) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 29: Global: Power Plant Boiler (Gas) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 30: Global: Power Plant Boiler (Other Fuel Types) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 31: Global: Power Plant Boiler (Other Fuel Types) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 32: Global: Power Plant Boiler (< 10 MMBtu/Hr) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 33: Global: Power Plant Boiler (< 10 MMBtu/Hr) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 34: Global: Power Plant Boiler (10-50 MMBtu/Hr) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 35: Global: Power Plant Boiler (10-50 MMBtu/Hr) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 36: Global: Power Plant Boiler (50-100 MMBtu/Hr) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 37: Global: Power Plant Boiler (50-100 MMBtu/Hr) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 38: Global: Power Plant Boiler (100-250 MMBtu/Hr) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 39: Global: Power Plant Boiler (100-250 MMBtu/Hr) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 40: Global: Power Plant Boiler (> 250 MMBtu/Hr) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 41: Global: Power Plant Boiler (> 250 MMBtu/Hr) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 42: North America: Power Plant Boiler Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 43: North America: Power Plant Boiler Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 44: Europe: Power Plant Boiler Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 45: Europe: Power Plant Boiler Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 46: Asia Pacific: Power Plant Boiler Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 47: Asia Pacific: Power Plant Boiler Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 48: Middle East and Africa: Power Plant Boiler Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 49: Middle East and Africa: Power Plant Boiler Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 50: Latin America: Power Plant Boiler Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 51: Latin America: Power Plant Boiler Market Forecast: Sales Value (in Billion US$), 2023-2028
List of Tables
- Table 1: Global: Power Plant Boiler Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Power Plant Boiler Market Forecast: Breakup by Type (in Billion US$), 2023-2028
- Table 3: Global: Power Plant Boiler Market Forecast: Breakup by Technology (in Billion US$), 2023-2028
- Table 4: Global: Power Plant Boiler Market Forecast: Breakup by Fuel Type (in Billion US$), 2023-2028
- Table 5: Global: Power Plant Boiler Market Forecast: Breakup by Input Capacity (in Billion US$), 2023-2028
- Table 6: Global: Power Plant Boiler Market Forecast: Breakup by Region (in Billion US$), 2023-2028
- Table 7: Global: Power Plant Boiler Market: Competitive Structure
- Table 8: Global: Power Plant Boiler Market: Key Player
