Market Research Report
Indonesia Process Boiler and Heating Equipment Market By Type (Steam Boiler, Thermic Fluid Heater, Hot Water Generator, Hot Air Generator & Waste Heat Recovery Boilers), Competition, Forecast & Opportunities, 2024
|Published by||TechSci Research||Product code||900635|
|Published||Content info||75 Pages
Delivery time: Inquiry
|Indonesia Process Boiler and Heating Equipment Market By Type (Steam Boiler, Thermic Fluid Heater, Hot Water Generator, Hot Air Generator & Waste Heat Recovery Boilers), Competition, Forecast & Opportunities, 2024|
|Published: July 1, 2019||Content info: 75 Pages||
Indonesia process boiler and heating equipment market was valued at around $ 45 million in 2019 and is projected to grow at a CAGR of around 4% to cross $ 54 million by 2024 on account of increasing investments in process industries such as food and beverage industry, wood processing, bamboo and rattan industries, etc. Moreover, various government policies such as Tax holiday policy, Viability Gap Funding and emphasis on cleaner fuels such as natural gas and renewables usage are further anticipated to drive demand for process boilers and heating equipment across the country during forecast period.
Years considered for this report:
Some of the major companies operating in Indonesia process boiler and heating equipment market include: PT. Basuki Pratama Engineering, PT. Atmindo Tbk, PT Maxitherm Boilers Indonesia, PT Thermax, Forbes Marshall, Jiangsu Olymspan Thermal Energy Equipment Co., Ltd., Henan Yuanda Boiler Corporation Ltd., Wuxi Zozen Boilers Co., Ltd., SAZ Boilers and PT Aalborg Industri Indonesia, 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 Indonesia. 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 Indonesia.
TechSci Research calculated the Indonesia process boiler and heating equipment market size using a bottom-up approach, wherein manufacturers' value sales data for different engine 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.
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.
In this report, Indonesia process boiler and heating equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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:
Detailed list of distributors and dealers across the country.
Detailed analysis and profiling of additional market players (up to five).
Detailed analysis of new products in the market and their driving forces in the market.