Global Industrial Boiler Market 2026-2030

Description

The global industrial boiler market is forecasted to grow by USD 3299.4 mn during 2025-2030, accelerating at a CAGR of 3.6% during the forecast period. The report on the global industrial boiler market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by global industrialization and capacity expansion in energy-intensive sectors, accelerated replacement demand driven by lifecycle depletion and retrofitting of aging infrastructure, rapid expansion of global power generation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2030
Series Year	2026-2030
Growth Momentum	Accelerate
YOY 2026	3.4%
CAGR	3.6%
Incremental Value	$3299.4 mn

Technavio's global industrial boiler market is segmented as below:

By Source

Gas fired boiler
Coal fired boiler
Oil fired boiler
Others

By End-User

Chemicals and petrochemicals
Food processing
Paper and pulp
Power generation
Others

By Type

Fire-tube boilers
Water-tube boilers

By Power Rating

10-150 BHP
51-300 BHP
301-600 BHP

Geography

APAC
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
North America
- US
- Canada
- Mexico
Middle East and Africa
- UAE
- South Africa
- Egypt
South America
- Brazil
- Argentina
- Chile
Rest of World (ROW)

This study identifies the proliferation of digitalization and artificial intelligence-driven predictive maintenance systems as one of the prime reasons driving the global industrial boiler market growth during the next few years. Also, accelerated commercialization and integration of hydrogen-ready and dual-fuel combustion technologies and rising procurement of modular, skid-mounted, and packaged boiler configurations will lead to sizable demand in the market.

The report on the global industrial boiler market covers the following areas:

Global industrial boiler market sizing
Global industrial boiler market forecast
Global industrial boiler market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global industrial boiler market vendors that include Alfa Laval AB, Andritz AG, Babcock and Wilcox, Bharat Heavy Electricals Ltd., Byworth Boilers Ltd., Cheema Boilers Ltd., Clayton Industries., Cochran Ltd., Danstoker AS, Doosan Enerbility Co. Ltd., Forbes Marshall Pvt. Ltd., Hurst Boiler and Welding Co. Inc., IHI Corp., John Cockerill, Mitsubishi Heavy Industries, Rentech Boilers Systems Inc., Robert Bosch GmbH, Superior Boiler, The Cleaver Brooks Co. Inc., Thermax Ltd.. Also, the global industrial boiler market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR70192

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Source
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Power Rating
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
2.3 Factors of disruption
2.4 Impact of drivers and challenges

3 Market Landscape

3.1 Market ecosystem
3.2 Market characteristics
3.3 Value chain analysis

4 Market Sizing

4.1 Market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2025
4.4 Market outlook: Forecast for 2025-2030

5 Historic Market Size

5.1 Global Industrial Boiler Market 2020 - 2024
- Historic Market Size - Data Table on Global Industrial Boiler Market 2020 - 2024 ($ million)
5.2 Source segment analysis 2020 - 2024
- Historic Market Size - Source Segment 2020 - 2024 ($ million)
5.3 End-user segment analysis 2020 - 2024
- Historic Market Size - End-user Segment 2020 - 2024 ($ million)
5.4 Type segment analysis 2020 - 2024
- Historic Market Size - Type Segment 2020 - 2024 ($ million)
5.5 Power Rating segment analysis 2020 - 2024
- Historic Market Size - Power Rating Segment 2020 - 2024 ($ million)
5.6 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
5.7 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on global industrial boiler market
6.2 Impact of geopolitical conflicts on global industrial boiler market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
7.7 Market condition

8 Market Segmentation by Source

8.1 Market segments
8.2 Comparison by Source
8.3 Gas fired boiler - Market size and forecast 2025-2030
8.4 Coal fired boiler - Market size and forecast 2025-2030
8.5 Oil fired boiler - Market size and forecast 2025-2030
8.6 Others - Market size and forecast 2025-2030
8.7 Market opportunity by Source
- Market opportunity by Source ($ million)

9 Market Segmentation by End-user

9.1 Market segments
9.2 Comparison by End-user
9.3 Chemicals and petrochemicals - Market size and forecast 2025-2030
9.4 Food processing - Market size and forecast 2025-2030
9.5 Paper and pulp - Market size and forecast 2025-2030
9.6 Power generation - Market size and forecast 2025-2030
9.7 Others - Market size and forecast 2025-2030
9.8 Market opportunity by End-user
- Market opportunity by End-user ($ million)

10 Market Segmentation by Type

10.1 Market segments
10.2 Comparison by Type
10.3 Fire-tube boilers - Market size and forecast 2025-2030
10.4 Water-tube boilers - Market size and forecast 2025-2030
10.5 Market opportunity by Type
- Market opportunity by Type ($ million)

11 Market Segmentation by Power Rating

11.1 Market segments
11.2 Comparison by Power Rating
11.3 10-150 BHP - Market size and forecast 2025-2030
11.4 51-300 BHP - Market size and forecast 2025-2030
11.5 301-600 BHP - Market size and forecast 2025-2030
11.6 Market opportunity by Power Rating
- Market opportunity by Power Rating ($ million)

12 Customer Landscape

12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

13 Geographic Landscape

13.1 Geographic segmentation
13.2 Geographic comparison
13.3 APAC - Market size and forecast 2025-2030
- 13.3.1 China - Market size and forecast 2025-2030
- 13.3.2 India - Market size and forecast 2025-2030
- 13.3.3 Japan - Market size and forecast 2025-2030
- 13.3.4 South Korea - Market size and forecast 2025-2030
- 13.3.5 Australia - Market size and forecast 2025-2030
- 13.3.6 Indonesia - Market size and forecast 2025-2030
13.4 Europe - Market size and forecast 2025-2030
- 13.4.1 Germany - Market size and forecast 2025-2030
- 13.4.2 UK - Market size and forecast 2025-2030
- 13.4.3 France - Market size and forecast 2025-2030
- 13.4.4 Italy - Market size and forecast 2025-2030
- 13.4.5 Spain - Market size and forecast 2025-2030
- 13.4.6 The Netherlands - Market size and forecast 2025-2030
13.5 North America - Market size and forecast 2025-2030
- 13.5.1 US - Market size and forecast 2025-2030
- 13.5.2 Canada - Market size and forecast 2025-2030
- 13.5.3 Mexico - Market size and forecast 2025-2030
13.6 Middle East and Africa - Market size and forecast 2025-2030
- 13.6.1 Saudi Arabia - Market size and forecast 2025-2030
- 13.6.2 UAE - Market size and forecast 2025-2030
- 13.6.3 South Africa - Market size and forecast 2025-2030
- 13.6.4 Egypt - Market size and forecast 2025-2030
- 13.6.5 Algeria - Market size and forecast 2025-2030
13.7 South America - Market size and forecast 2025-2030
- 13.7.1 Brazil - Market size and forecast 2025-2030
- 13.7.2 Argentina - Market size and forecast 2025-2030
- 13.7.3 Chile - Market size and forecast 2025-2030
13.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

14 Drivers, Challenges, and Opportunity

14.1 Market drivers
- Global industrialization and capacity expansion in energy-intensive sectors
- Accelerated replacement demand driven by lifecycle depletion and retrofitting of aging infrastructure
- Rapid expansion of global power generation
14.2 Market challenges
- High capital expenditure and long investment cycles inhibiting industrial infrastructure modernization
- Disruptions and volatility in raw material supply chains and specialized component manufacturing
- Disparity in global environmental standards and resulting compliance complexities for multinational corporations
14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
14.4 Market opportunities
- Proliferation of digitalization and artificial intelligence-driven predictive maintenance systems
- Accelerated commercialization and integration of hydrogen-ready and dual-fuel combustion technologies
- Rising procurement of modular, skid-mounted, and packaged boiler configurations

15 Competitive Landscape

15.1 Overview
15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
- Overview on factors of disruption
15.4 Industry risks
- Impact of key risks on business

16 Competitive Analysis

16.1 Companies profiled
- Companies covered
16.2 Company ranking index
- Company ranking index
16.3 Market positioning of companies
- Matrix on companies position and classification
16.4 Alfa Laval AB
- Alfa Laval AB - Overview
- Alfa Laval AB - Business segments
- Alfa Laval AB - Key offerings
- Alfa Laval AB - Segment focus
- SWOT
16.5 Andritz AG
- Andritz AG - Overview
- Andritz AG - Business segments
- Andritz AG - Key offerings
- Andritz AG - Segment focus
- SWOT
16.6 Babcock and Wilcox
- Babcock and Wilcox - Overview
- Babcock and Wilcox - Business segments
- Babcock and Wilcox - Key news
- Babcock and Wilcox - Key offerings
- Babcock and Wilcox - Segment focus
- SWOT
16.7 Bharat Heavy Electricals Ltd.
- Bharat Heavy Electricals Ltd. - Overview
- Bharat Heavy Electricals Ltd. - Business segments
- Bharat Heavy Electricals Ltd. - Key offerings
- Bharat Heavy Electricals Ltd. - Segment focus
- SWOT
16.8 Clayton Industries.
- Clayton Industries. - Overview
- Clayton Industries. - Product / Service
- Clayton Industries. - Key offerings
- SWOT
16.9 Danstoker AS
- Danstoker AS - Overview
- Danstoker AS - Product / Service
- Danstoker AS - Key offerings
- SWOT
16.10 Doosan Enerbility Co. Ltd.
- Doosan Enerbility Co. Ltd. - Overview
- Doosan Enerbility Co. Ltd. - Business segments
- Doosan Enerbility Co. Ltd. - Key offerings
- Doosan Enerbility Co. Ltd. - Segment focus
- SWOT
16.11 Hurst Boiler and Welding Co. Inc.
- Hurst Boiler and Welding Co. Inc. - Overview
- Hurst Boiler and Welding Co. Inc. - Product / Service
- Hurst Boiler and Welding Co. Inc. - Key offerings
- SWOT
16.12 IHI Corp.
- IHI Corp. - Overview
- IHI Corp. - Business segments
- IHI Corp. - Key offerings
- IHI Corp. - Segment focus
- SWOT
16.13 John Cockerill
- John Cockerill - Overview
- John Cockerill - Product / Service
- John Cockerill - Key offerings
- SWOT
16.14 Mitsubishi Heavy Industries
- Mitsubishi Heavy Industries - Overview
- Mitsubishi Heavy Industries - Business segments
- Mitsubishi Heavy Industries - Key offerings
- Mitsubishi Heavy Industries - Segment focus
- SWOT
16.15 Rentech Boilers Systems Inc.
- Rentech Boilers Systems Inc. - Overview
- Rentech Boilers Systems Inc. - Product / Service
- Rentech Boilers Systems Inc. - Key offerings
- SWOT
16.16 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key offerings
- SWOT
16.17 The Cleaver Brooks Co. Inc.
- The Cleaver Brooks Co. Inc. - Overview
- The Cleaver Brooks Co. Inc. - Product / Service
- The Cleaver Brooks Co. Inc. - Key offerings
- SWOT
16.18 Thermax Ltd.
- Thermax Ltd. - Overview
- Thermax Ltd. - Business segments
- Thermax Ltd. - Key offerings
- Thermax Ltd. - Segment focus
- SWOT

17 Appendix

17.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
17.3 Currency conversion rates for US$
- Currency conversion rates for US$
17.4 Research methodology
- Research methodology
17.5 Data procurement
- Information sources
17.6 Data validation
- Data validation
17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
17.8 Data synthesis
- Data synthesis
17.9 360 degree market analysis
- 360 degree market analysis
17.10 List of abbreviations
- List of abbreviations