Industrial Boilers Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032
CHAPTER 1. Industry Overview of Industrial Boilers Market
1.1. Definition and Scope
1.1.1. Definition of Industrial Boilers
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Industrial Boilers Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Industrial Boilers Market By Boiler Type
1.2.3. Industrial Boilers Market By Function
1.2.4. Industrial Boilers Market By Fuel
1.2.5. Industrial Boilers Market By Horsepower
1.2.6. Industrial Boilers Market By Applications
1.2.7. Industrial Boilers Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Industrial Boilers Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Industrial Boilers Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2023
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2023
4.2. R&D Status of Major Manufacturers in 2023
CHAPTER 5. Industrial Boilers Market By Boiler Type
5.1. Introduction
5.2. Industrial Boilers Revenue By Boiler Type
5.2.1. Industrial Boilers Revenue (USD Million) and Forecast, By Boiler Type, 2020-2032
5.2.2. Fire-tube
5.2.2.1. Fire-tube Market Revenue (USD Million) and Growth Rate (%), 2020-2032
5.2.3. Water-tube
5.2.3.1. Water-tube Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 6. Industrial Boilers Market By Function
6.1. Introduction
6.2. Industrial Boilers Revenue By Function
6.2.1. Industrial Boilers Revenue (USD Million) and Forecast, By Function, 2020-2032
6.2.2. Hot Water
6.2.2.1. Hot Water Market Revenue (USD Million) and Growth Rate (%), 2020-2032
6.2.3. Steam
6.2.3.1. Steam Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 7. Industrial Boilers Market By Fuel
7.1. Introduction
7.2. Industrial Boilers Revenue By Fuel
7.2.1. Industrial Boilers Revenue (USD Million) and Forecast, By Fuel, 2020-2032
7.2.2. Fossil
7.2.2.1. Fossil Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.3. Oil & Gas
7.2.3.1. Oil & Gas Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.4. Non-fossil
7.2.4.1. Non-fossil Market Revenue (USD Million) and Growth Rate (%), 2020-2032
7.2.5. Biomass
7.2.5.1. Biomass Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 8. Industrial Boilers Market By Horsepower
8.1. Introduction
8.2. Industrial Boilers Revenue By Horsepower
8.2.1. Industrial Boilers Revenue (USD Million) and Forecast, By Horsepower, 2020-2032
8.2.2. 10-150 BHP
8.2.2.1. 10-150 BHP Market Revenue (USD Million) and Growth Rate (%), 2020-2032
8.2.3. 151-300 BHP
8.2.3.1. 151-300 BHP Market Revenue (USD Million) and Growth Rate (%), 2020-2032
8.2.4. 301-600 BHP
8.2.4.1. 301-600 BHP Market Revenue (USD Million) and Growth Rate (%), 2020-2032
8.2.5. Above 600 BHP
8.2.5.1. Above 600 BHP Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 9. Industrial Boilers Market By Applications
9.1. Introduction
9.2. Industrial Boilers Revenue By Applications
9.2.1. Industrial Boilers Revenue (USD Million) and Forecast, By Applications, 2020-2032
9.2.2. Chemicals & Petrochemicals
9.2.2.1. Chemicals & Petrochemicals Market Revenue (USD Million) and Growth Rate (%), 2020-2032
9.2.3. Paper & Pulp
9.2.3.1. Paper & Pulp Market Revenue (USD Million) and Growth Rate (%), 2020-2032
9.2.4. Food & Beverages
9.2.4.1. Food & Beverages Market Revenue (USD Million) and Growth Rate (%), 2020-2032
9.2.5. Metals & Mining
9.2.5.1. Metals & Mining Market Revenue (USD Million) and Growth Rate (%), 2020-2032
9.2.6. Others
9.2.6.1. Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032
CHAPTER 10. North America Industrial Boilers Market By Country
10.1. North America Industrial Boilers Market Overview
10.2. U.S.
10.2.1. U.S. Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
10.2.2. U.S. Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
10.2.3. U.S. Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
10.2.4. U.S. Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
10.2.5. U.S. Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
10.3. Canada
10.3.1. Canada Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
10.3.2. Canada Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
10.3.3. Canada Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
10.3.4. Canada Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
10.3.5. Canada Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
10.4. North America PEST Analysis
CHAPTER 11. Europe Industrial Boilers Market By Country
11.1. Europe Industrial Boilers Market Overview
11.2. U.K.
11.2.1. U.K. Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
11.2.2. U.K. Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
11.2.3. U.K. Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
11.2.4. U.K. Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
11.2.5. U.K. Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
11.3. Germany
11.3.1. Germany Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
11.3.2. Germany Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
11.3.3. Germany Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
11.3.4. Germany Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
11.3.5. Germany Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
11.4. France
11.4.1. France Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
11.4.2. France Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
11.4.3. France Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
11.4.4. France Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
11.4.5. France Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
11.5. Spain
11.5.1. Spain Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
11.5.2. Spain Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
11.5.3. Spain Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
11.5.4. Spain Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
11.5.5. Spain Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
11.6. Rest of Europe
11.6.1. Rest of Europe Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
11.6.2. Rest of Europe Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
11.6.3. Rest of Europe Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
11.6.4. Rest of Europe Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
11.6.5. Rest of Europe Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
11.7. Europe PEST Analysis
CHAPTER 12. Asia Pacific Industrial Boilers Market By Country
12.1. Asia Pacific Industrial Boilers Market Overview
12.2. China
12.2.1. China Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
12.2.2. China Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
12.2.3. China Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
12.2.4. China Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
12.2.5. China Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
12.3. Japan
12.3.1. Japan Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
12.3.2. Japan Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
12.3.3. Japan Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
12.3.4. Japan Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
12.3.5. Japan Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
12.4. India
12.4.1. India Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
12.4.2. India Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
12.4.3. India Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
12.4.4. India Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
12.4.5. India Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
12.5. Australia
12.5.1. Australia Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
12.5.2. Australia Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
12.5.3. Australia Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
12.5.4. Australia Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
12.5.5. Australia Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
12.6. South Korea
12.6.1. South Korea Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
12.6.2. South Korea Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
12.6.3. South Korea Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
12.6.4. South Korea Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
12.6.5. South Korea Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
12.7. Rest of Asia-Pacific
12.7.1. Rest of Asia-Pacific Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
12.7.2. Rest of Asia-Pacific Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
12.7.3. Rest of Asia-Pacific Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
12.7.4. Rest of Asia-Pacific Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
12.7.5. Rest of Asia-Pacific Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
12.8. Asia Pacific PEST Analysis
CHAPTER 13. Latin America Industrial Boilers Market By Country
13.1. Latin America Industrial Boilers Market Overview
13.2. Brazil
13.2.1. Brazil Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
13.2.2. Brazil Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
13.2.3. Brazil Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
13.2.4. Brazil Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
13.2.5. Brazil Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
13.3. Mexico
13.3.1. Mexico Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
13.3.2. Mexico Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
13.3.3. Mexico Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
13.3.4. Mexico Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
13.3.5. Mexico Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
13.4. Rest of Latin America
13.4.1. Rest of Latin America Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
13.4.2. Rest of Latin America Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
13.4.3. Rest of Latin America Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
13.4.4. Rest of Latin America Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
13.4.5. Rest of Latin America Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
13.5. Latin America PEST Analysis
CHAPTER 14. Middle East & Africa Industrial Boilers Market By Country
14.1. Middle East & Africa Industrial Boilers Market Overview
14.2. GCC
14.2.1. GCC Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
14.2.2. GCC Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
14.2.3. GCC Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
14.2.4. GCC Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
14.2.5. GCC Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
14.3. South Africa
14.3.1. South Africa Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
14.3.2. South Africa Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
14.3.3. South Africa Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
14.3.4. South Africa Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
14.3.5. South Africa Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
14.4. Rest of Middle East & Africa
14.4.1. Rest of Middle East & Africa Industrial Boilers Revenue (USD Million) and Forecast By Function, 2020-2032
14.4.2. Rest of Middle East & Africa Industrial Boilers Revenue (USD Million) and Forecast By Boiler Type, 2020-2032
14.4.3. Rest of Middle East & Africa Industrial Boilers Revenue (USD Million) and Forecast By Fuel, 2020-2032
14.4.4. Rest of Middle East & Africa Industrial Boilers Revenue (USD Million) and Forecast By Horsepower, 2020-2032
14.4.5. Rest of Middle East & Africa Industrial Boilers Revenue (USD Million) and Forecast By Applications, 2020-2032
14.5. Middle East & Africa PEST Analysis
CHAPTER 15. Player Analysis Of Industrial Boilers Market
15.1. Industrial Boilers Market Company Share Analysis
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Mergers And Acquisition In Global Industrial Boilers Market
15.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 16. Company Profile
16.1. IHI Corporation
16.1.1. Company Snapshot
16.1.2. Business Overview
16.1.3. Financial Overview
16.1.3.1. Revenue (USD Million), 2023
16.1.3.2. IHI Corporation 2023 Industrial Boilers Business Regional Distribution
16.1.4. Product /Service and Specification
16.1.5. Recent Developments & Business Strategy
16.2. Forbes Marshall
16.3. Bharat Heavy Electricals Ltd.
16.4. AC Boilers
16.5. Dongfang Electric Corporation Ltd.
16.6. Harbin Electric Corporation
16.7. Siemens AG
16.8. Mitsubishi Heavy Industries, Ltd.
16.9. Cheema Boilers Limited
16.10. Thermax Ltd.
Frequently Asked Questions
How big is the industrial boilers market?
The industrial boilers market size was valued at USD 14.8 Billion in 2023.
What is the CAGR of the global industrial boilers market from 2024 to 2032?
The CAGR of Industrial Boilers is 4.5% during the analysis period of 2024 to 2032.
Which are the key players in the industrial boilers market?
The key players operating in the global market are including IHI Corporation, Forbes Marshall, Bharat Heavy Electricals Ltd., AC Boilers, Dongfang Electric Corporation Ltd., Harbin Electric Corporation, Siemens AG, Mitsubishi Heavy Industries, Ltd., Cheema Boilers Limited, and Thermax Ltd.
Which region dominated the global industrial boilers market share?
Asia-Pacific held the dominating position in industrial boilers industry during the analysis period of 2024 to 2032.
Which region registered fastest CAGR from 2024 to 2032?
Asia-Pacific region exhibited fastest growing CAGR for market of Industrial Boilers during the analysis period of 2024 to 2032.
What are the current trends and dynamics in the global Industrial Boilers industry?
The current trends and dynamics in the industrial boilers industry include increasing demand for energy-efficient heating systems, growth in industrialization and infrastructure development, rising government regulations on emissions and energy use, and technological advancements in boiler design and materials.
Which boiler type held the maximum share in 2023?
The water-tube held the notable share of the industrial boilers industry.
Select Licence Type
Connect with our sales team
Why Acumen Research And Consulting
100%
Customer Satisfaction
24x7
Availability - we are always there when you need us
200+
Fortune 50 Companies trust Acumen Research and Consulting
80%
of our reports are exclusive and first in the industry
100%
more data and analysis
1000+
reports published till date
