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Market Research Report

India Process Boiler & Heating Equipment Market, By Type (Steam Boiler, Thermic Fluid Heater, Hot Water Generator, Hot Air Generator & Waste Heat Recovery Boilers), Compliance, Fuel Type, Region, Competition, Forecast & Opportunities, 2025

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Published Content info 95 Pages
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India Process Boiler & Heating Equipment Market, By Type (Steam Boiler, Thermic Fluid Heater, Hot Water Generator, Hot Air Generator & Waste Heat Recovery Boilers), Compliance, Fuel Type, Region, Competition, Forecast & Opportunities, 2025
Published: December 1, 2019 Content info: 95 Pages
Description

India process boiler and heating equipment market stood at $ around $ 146 million in 2019 and is projected to grow at a CAGR of around 6% to surpass $ 194 million by 2025. The growth in the market can be attributed to growing demand for industrial heating equipment in various process industries. Moreover, various government initiatives such as Make in India, National Manufacturing Policy, promotion of renewables and clean fuel usage are further anticipated to spur demand for process boilers and heating equipment across the country during forecast period.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021-2025

Objective of the Study:

  • To analyze and forecast the India process boiler and heating equipment market size.
  • To define, classify and forecast the India process boiler and heating equipment market based on type and fuel type.
  • To identify drivers and challenges for India process boiler and heating equipment market.
  • To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the India process boiler and heating equipment market.
  • To evaluate drivers and challenges in India process boiler and heating equipment market.
  • To strategically profile leading players operating in India process boiler and heating equipment market.

Some of the major players operating in India process boiler and heating equipment market are Thermax Limited, Cheema Boilers Limited, Forbes Marshall, Industrial Boilers Limited, Thermodyne Engineering Systems, among others.

TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of process boiler and heating equipment manufacturers and suppliers, in India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, end user, and regional presence of all major process boiler and heating equipment manufacturing companies across India.

TechSci Research calculated the India process boiler and heating equipment market size using a bottom-up and top down approach, wherein manufacturers' value sales data for different boilers types was recorded as well as forecast for the future years was made. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • India process boiler and heating equipment manufacturers, suppliers and end users
  • Research organizations and consulting companies
  • Associations, organizations and alliances related to process boiler and heating equipment
  • Government bodies such as regulating authorities and policy makers

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as process boiler and heating equipment manufacturers, distributors, dealers and policy makers. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, India process boiler and heating equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Type:

Steam Boiler

Thermic Fluid Heater

Waste Heat Recovery Boilers

Hot Water Generator

Hot Air Generator

  • Market, by Compliance:

IBR

Non-IBR

  • Market, by Fuel Type:
  • Non-Fossil Fuel
  • Fossil Fuel
  • Oil & Gas
  • Market, by Fuel Type:
  • West
  • South
  • North
  • East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in India process boiler and heating equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Table of Contents
Product Code: 4067

Table of Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customer

5. India Process Boiler and Heating Equipment Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value & Volume
  • 5.2. Market Share & Forecast
    • 5.2.1. By Type (Steam Boiler, Thermic Fluid Heater, Hot Water Generator, Hot Air Generator, Waste Heat Recovery Boilers)
    • 5.2.2. By Compliance (IBR v/s Non-IBR)
    • 5.2.3. By Fuel Type (Oil & Gas, Fossil Fuel, Non-Fossil Fuel)
    • 5.2.4. By Region (North, West, South and East)
    • 5.2.5. By Company
  • 5.3. Market Map

6. India Steam Boiler Market

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value & Volume
  • 6.2. Market Share & Forecast
    • 6.2.1. By Compliance
    • 6.2.2. By Fuel Type

7. India Thermic Fluid Heater Market

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value & Volume
  • 7.2. Market Share & Forecast
    • 7.2.1. By Compliance
    • 7.2.2. By Fuel Type

8. India Waste Heat Recovery Boiler Market

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value & Volume
  • 8.2. Market Share & Forecast
    • 8.2.1. By Compliance
    • 8.2.2. By Fuel Type

9. India Hot Water Generator Market

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value & Volume
  • 9.2. Market Share & Forecast
    • 9.2.1. By Compliance
    • 9.2.2. By Fuel Type

10. India Hot Air Generator Market

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value & Volume
  • 10.2. Market Share & Forecast
    • 10.2.1. By Compliance
    • 10.2.2. By Fuel Type

11. Import-Export Analysis

12. Market Dynamics

  • 12.1. Drivers
  • 12.2. Challenges

13. Market Trends & Developments

14. Value Chain Analysis

15. Policy & Regulatory Landscape

16. India Economic Profile

17. Competitive Landscape

  • 17.1. Company Profiles
    • 17.1.1. Thermax Limited
    • 17.1.2. Cheema Boilers Limited
    • 17.1.3. Forbes Marshall Pvt. Ltd.
    • 17.1.4. Industrial Boilers Limited
    • 17.1.5. Thermodyne Engineering System
    • 17.1.6. Thermotech Systems Ltd.
    • 17.1.7. Aero Therm Systems Pvt. Ltd.
    • 17.1.8. Southern Boilers & Equipment's Pvt. Ltd.
    • 17.1.9. Energypack Boilers Pvt. Ltd.
    • 17.1.10. Shanti Boilers & Pressure Vessels Pvt. Ltd.

18. Strategic Recommendations

(Note: The companies list can be customized based on the client requirements.)

List of Figures

  • Figure 1: India Process Boilers and Heating Equipment Market Size, By Value (USD Million), 2015-2025F
  • Figure 2: India Process Boilers and Heating Equipment Market Size, By Volume (Units), 2015-2025F
  • Figure 3: Manufacturing Sector's Contribution to India's GDP, FY2014-FY2019
  • Figure 4:India IIP Growth Rate, By Sector, 2014-2019 (%)
  • Figure 5:India Process Boilers and Heating Equipment Market Share, By Type, By Volume, 2015 - 2025F
  • Figure 6: India Process Boilers and Heating Equipment Market Share, By Compliance, By Volume, 2015 - 2025F
  • Figure 7:India Process Boilers and Heating Equipment Market Share, By Fuel Type, By Volume (Units), 2015 - 2025F
  • Figure 8:India Commissioned Thermal Power Plant Share, By Region, By Installed Capacity, FY2019
  • Figure 9:India Process Boilers and Heating Equipment Market Share, By Region, By Volume, 2020E & 2025F
  • Figure 10:India Process Boilers and Heating Equipment Market Share, By Company, 2020E
  • Figure 11: India Type Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
  • Figure 12: India Compliance Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
  • Figure 13: India Fuel Type Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
  • Figure 14: India Region Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
  • Figure 15: India Steam Boiler Market Size, By Value (USD Million), 2015-2025F
  • Figure 16: India Steam Boiler Market Size, By Volume (Units), 2015-2025F
  • Figure 17: India Healthcare Sector Size, By Value, 2014-2022F (USD Billion)
  • Figure 18: Announced Government Investments in Rural and Urban Areas Till 2022 in India (USD Million)
  • Figure 19: India Steam Boiler Market Share, By Compliance, By Volume, 2015 - 2025F
  • Figure 20: India Steam Boiler Market Share, By Fuel Type, By Volume, 2015 - 2025F
  • Figure 21: India Thermic Fluid Heater Market Size, By Value (USD Million), 2015-2025F
  • Figure 22: India Thermic Fluid Heater Market Size, By Volume (Units), 2015-2025F
  • Figure 23: India Total Major Chemicals Installed Capacity and Production, By Volume, 2014-2018 (Million Metric Tonnes)
  • Figure 24: India Cement Production, 2014-2019 (Million Tonnes)
  • Figure 25: India Thermic Fluid Heater Market Share, By Compliance, By Volume, 2015 - 2025F
  • Figure 26: India Thermic Fluid Heater Market Share, By Fuel Type, By Volume, 2015 - 2025F
  • Figure 27: India Waste Heat Recovery Boiler Market Size, By Value (USD Million), 2015-2025F
  • Figure 28: India Waste Heat Recovery Boiler Market Size, By Volume (Units), 2015-2025F
  • Figure 29: India Electricity Consumption per Capita, 2014-2018 (MWh/Capita)
  • Figure 30: India Waste Heat Recovery Boiler Market Share, By Compliance, By Volume, 2015 - 2025F
  • Figure 31: India Waste Heat Recovery Boiler Market Share, By Fuel Type, By Volume, 2015 - 2025F
  • Figure 32: India Hot Water Generator Market Size, By Value (USD Million), 2015-2025F
  • Figure 33: India Hot Water Generator Market Size, By Volume (Units), 2015-2025F
  • Figure 34: India Construction Market Size, By Value, 2015-2025F (USD Billion)
  • Figure 35: India Refinery Throughput, 2012-2018 (Thousand Barrels Per Day)
  • Figure 36: India Refinery Capacity, 2012-2018 (Thousand Barrels Per day)
  • Figure 37: India Hot Water Generator Market Share, By Compliance, By Volume, 2015 - 2025F
  • Figure 38: India Hot Water Generator Market Share, By Fuel Type, By Volume, 2015 - 2025F
  • Figure 39: India Hot Air Generator Market Size, By Value (USD Million), 2015-2025F
  • Figure 40: India Hot Air Generator Market Size, By Volume (Units), 2015-2025F
  • Figure 41: India Food Processing Industrial Units Share, By State, FY2019
  • Figure 42: India Estimated Mineral Production Share, By State, By Value, As of 2019
  • Figure 43: India Hot Air Generator Market Share, By Compliance, By Volume, 2015 - 2025F
  • Figure 44: India Hot Air Generator Market Share, By Fuel Type, By Volume, 2015 - 2025F
  • Figure 45: India Process Boiler and Heating Equipment Imports, By Value and By Country, 2014-15 to 2018-19 (USD Million), HS Code: 8402
  • Figure 46:India Process Boiler and Heating Equipment Exports, By Country, By Value, 2014-15 to 2018-19 (USD Million), HS Code: 8402
  • Figure 47:India Process Boiler and Heating Equipment Imports, By Value and By Country, 2014-15 to 2018-19 (USD Million), HS Code: 8403
  • Figure 48:India Process Boiler and Heating Equipment Exports, By Country, By Value, 2014-15 to 2018-19 (USD Million), HS Code: 8403
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