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
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.
• To analyze and forecast the Indonesia process boiler and heating equipment market size.
• To define, classify and forecast the Indonesia process boiler and heating equipment market based on type and fuel type.
• To identify drivers and challenges for Indonesia process boiler and heating equipment market.
• To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the Indonesia process boiler and heating equipment market.
• To evaluate product pricing and trends in Indonesia process boiler and heating equipment market.
• To strategically profile leading players operating in Indonesia process boiler and heating equipment market.
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.
The analyst performed primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of process boiler and heating equipment manufacturers and suppliers, in Indonesia.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst was able to include manufacturers that could not be identified due to the limitations of secondary research. The analyst examined product offerings, end user, and regional presence of all major process boiler and heating equipment manufacturing companies across Indonesia.
The analyst 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. The analyst 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 the analyst.
Key Target Audience:
• Indonesia 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.
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:
• Market, by Type:
o Steam Boiler
o Thermic Fluid Heater
o Waste Heat Recovery Boilers
o Hot Water Generator
o Hot Air Generator
• Market, by Fuel Type:
Non-Fossil Fuel (Biomass, Wood, Rice Husk, Mustard Husk, Agri Waste, Briquettes, etc.)
Oil & Gas
• Market, by Region:
Competition Outlook: Outlook of leading 10 players on the basis of product portfolio, market pricing, average selling price, sales footprint, etc.
Company Profiles: Detailed analysis of the major companies operating in Indonesia process boiler and heating equipment market.
With the given market data, we offers customizations according to the company’s specific needs. The following customization options are available for the report:
Channel Partner Analysis
• 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.
Our reports have been used by over 10K customers, including:
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