Global Power Plant Boiler Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

Marketresearch.biz delivers in-depth insights on the global power plant boiler market in its upcoming report titled, “Global Power Plant Boiler Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global power plant boiler market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global power plant boiler market report has been segmented on the basis of process type, technology, fuel type, and region.

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A closed vessel or container which is used to heat or boil water is called as a boiler. This heated water is used for various operations such as to generate electricity or to run machines that are operated over steam. The heat is supplied via burning of fossil fuels such as coal or renewable fuels such as biogas, etc.

Increasing deployment of power plants across the globe, owing to increasing global energy demand is a major factor driving growth of the global power plant boiler market. Additionally, government subsidiaries to boiler manufacturers that are using renewable energy sources for power generation is another factor propelling growth of the global market. Moreover, initiatives by governments and private players to upgrade existing coal-based power plants with renewable energy based power plants is another factor expected to further fuel growth of the global market to a certain extent over the forecast period.

High capital investment and high installation cost of power plants are major factors restraining growth of the global power plant boiler market. In addition, corrosion of boilers is another factor hampering growth of the global market to a certain extent. Technological advancements towards development of efficient power plant boilers can create lucrative opportunities for major manufacturers in the global market over the forecast period.

Asia Pacific market dominates the global power plant boiler market in terms of revenue and is expected to maintain its dominance over the forecast period. This dominance can be attributed to high utilization of electricity, coupled with increasing number of power plants in countries such as China and India in this region. The Europe power plant boiler market and the North America power plant boiler market are expected to witness considerable growth over the forecast period. The growth in North America power plant boiler market can be attributed to increasing deployment of power plants in this region.

Global Power Plant Boiler Market Segmentation:

Segmentation on the basis of process type:

• Pulverized fuel combustion
• Fluidized bed combustion
• Others

 Segmentation on the basis of technology

• Subcritical
• Supercritical
• Ultra-critical

 Segmentation on the basis of fuel type:

• Coal
• Oil
• Gas
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Siemens AG
• Mitsubishi Heavy Industries Ltd.
• Babcock & Wilcox Enterprises
• Dongfang Electric Corporation
• General Electric
• AMEC Foster Wheeler
• Doosan Heavy Industries & Construction
• IHI Corporation
• Bharat Heavy Electricals Ltd.
• Thermax Ltd.