Market Overview:
This report presents an extensive evaluation of the Global Boiler Market, focusing on historical data from 2019 to 2022 while offering detailed forecasts for the period between 2024 to 2030. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.
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Table of Contents (Global Boiler Market)
- Executive Summary
- Market Definition & Research Methodology
- Market Dynamics: Drivers, Challenge, Trend and Opportunities
- Segment Analysis and Geographical Breakdown
- Competitive Landscape & Strategic Initiatives
- Regulatory Environment & Policy Factors
- Growth Forecast Model (2024–2030)
- Appendix: Company Profiles, Data Sources, Methodology
What’s covered in the report?
Market Key Driver:
Rising Focus on Industrialization & Urbanization Across the Globe – Boilers play an important role in industrial processes such as power generation, generating steam, and hot water, rapid industrialization and urbanization across the globe are driving the market for boilers. Rising advancements across the major industries such as chemicals and petrochemicals, the textile industry, the food processing industry, the paper industry, mining, and power generation, etc., are continuously expanding the market of boilers as boilers help in most industrial activities.
Further, increasing urbanization is also driving the growth of the boiler industry because boilers are extensively used in residential units for various activities. Also, with increasing urban settlements, the demand for boilers is increasing in the market to fulfill various household purposes such as heating, generating steam, boiling fluids, and space heating.
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Leading players of Global Boiler Market including:
- Daikin Industries, Ltd
- Ariston Thermo SpA
- Robert Bosch Gmbh
- Mitsubishi Power
- Thermax Ltd.
- Sofinter Group
- Cleaver Brooks Inc.
- BDR Thermea Group
- Byworth Boilers Ltd.
- Andritz AG
- Harbin Electric Company Ltd.
- IHI Corporation
- Weil-McLain
- PB Heat LLC
- Valliant Group
- Others
Global Boiler Market Segmentation:
By Boiler Type
- Hot Water Boilers
- Gas Boilers
- Steam Water Boilers
- Others (Conventional Boilers, Regular Boilers, etc.)
By Fuel Type
- Natural Gas
- Coal
- Oil
- Electric-
By Tube Type
- Fire tube
- Water tube
The ‘Water Tube’ type boilers hold the largest market share.
By Horsepower Capacity
- 10-150 BHP
- 151-300 BHP
- 301- 600 BHP
- >600 BHP
By End User
- Residential
- Commercial
- Industrial
- Chemicals and Petrochemicals
- Food Processing Industry
- Pulp & Paper
- Metals & Mining
- Power Generation
- Others (textile industry, Paper industry, etc.)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Among all the major regions of the globe, Asia-Pacific holds the largest market share in the Global Boiler Market for the forecast period.
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Key Highlights of MarkNtel Advisors' Research Methodology
- MarkNtel Advisors uses a robust methodology for accurate market analysis.
- Research objectives are clearly defined with tailored methodologies for clients.
- A representative sample is selected to ensure reliable data collection.
- Data analysis includes cleaning, statistical evaluations, and validation checks.
- Predictive modeling forecasts trends, and reports include strategic recommendations.
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