Boiler Market
Boiler Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0751
Segments Covered
By
Product Fire-tube, Water-tube
-
By
Application Residential, Commercial, Industrial, Utility
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
14.6 Billion |
 Revenue 2028:
|
22.7 Billion |
 Revenue CAGR
(2021 - 2028): |
5.70% |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Global Boiler Market: Product Segment Analysis
-
- Fire-tube
- Water-tube
Global Boiler Market: Application Segment Analysis
-
- Residential
- Commercial
- Industrial
- Utility
FAQ
Frequently Asked Question
What is the global demand for Boiler in terms of revenue?
-
The global Boiler valued at 14.6 Billion in 2020 and is expected to reach 22.7 Billion in 2028 growing at a CAGR of 5.70%%.
Which are the prominent players in the market?
-
The prominent players in the market are Babcock and Wilcox, Burnham, Fulton, Forbes Marshall, Weil-McLain, Cochran, Hurst Boiler and Welding, Parker, Bharat Heavy Electricals, AO Smith, Thermax, General Electric, Cleaver-Brooks..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.70%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Boiler include
- Rising demand for industrial boilers from the food & beverage Industry coupled with colossal growth in the food and beverage sector is set to create positive growth for the market.
- High demand for clean technology in the chemical end-use industry is expected to play a key role in expanding the market size.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Boiler in 2020.
