Global Industrial Boilers Industry

Global Industrial Boilers Industry

  • April 2021 •
  • 223 pages •
  • Report ID: 2070096 •
  • Format: PDF
Abstract:
- Global Industrial Boilers Market to Reach 1.2 Million Tons of Steam Per Hour (TSPH) by 2027
- Amid the COVID-19 crisis, the global market for Industrial Boilers estimated at 859.8 Thousand Tons of Steam Per Hour (TSPH) in the year 2020, is projected to reach a revised size of 1.2 Million Tons of Steam Per Hour (TSPH) by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027. Chemical, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach 242 Thousand Tons of Steam Per Hour (TSPH) by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Food & Beverage segment is readjusted to a revised 5.4% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 253.3 Thousand Tons of Steam Per Hour (TSPH), While China is Forecast to Grow at 4.5% CAGR
- The Industrial Boilers market in the U.S. is estimated at 253.3 Thousand Tons of Steam Per Hour (TSPH) in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 210.7 Thousand Tons of Steam Per Hour (TSPH) by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
- Oil & Gas Segment to Record 5.5% CAGR
- In the global Oil & Gas segment, USA, Canada, Japan, China and Europe will drive the 5.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of 72.9 Thousand Tons of Steam Per Hour (TSPH) in the year 2020 will reach a projected size of 106.9 Thousand Tons of Steam Per Hour (TSPH) by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 132.8 Thousand Tons of Steam Per Hour (TSPH) by the year 2027.

- Select Competitors (Total 130 Featured) -
  • Acuity Brands Lighting Inc.
  • Bulbrite Industries Inc.
  • CNLIGHT Company Ltd.
  • Eaton Corporation plc
  • EYE Lighting International of North America Inc.
  • FSL Autotech Co. Ltd.
  • General Electric Company
  • Halonix Limited
  • Havells India Limited
  • Hella KGaA Hueck & Co.
  • Hubbell Lighting Inc.
  • Kensun Inc.
  • Koito Manufacturing Company Ltd.
  • NVC Lighting Technology Corporation
  • OSRAM GmbH
  • PIAA Corporation
  • Surya Roshni Ltd.
  • Tridonic GmbH & Co KG
  • Universal Lighting Technologies Inc.
  • USHIO America Inc.
  • Valeo SA