Global Power Boilers Market to Grow at a CAGR of 4.4% by 2023 - Growing Consumption of Renewable Energy Sources Such as Biomass & Biogas - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Power Boilers Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report to their offering.

The power boilers market is expected to grow with the CAGR of 4.4% during the forecasted period. The power boilers market is rising in the global market with the growing consumption of renewable energy sources such as Biomass, Biogas etc., reliance on coal fired power generation, growing power plant installations globally etc. There are approximately 442 nuclear power plants globally. But, the demand is still rising for nuclear power plants. Reactors can generate huge amounts of electricity and could alternate for coal-powered plants.

Dozens of new plants are expected to open in U.K., South Korea, India, China and other nations. In the United states, the Obama administration has planned up to $58 billion in loan guarantees to commence new construction, and the Nuclear Regulatory Commission is handing out applications for approximately two dozen proposed reactors. The market has some hindering factors such as commercialization of renewable energy sources and reliability issues in power boilers. But, the market has lot of potential with the rising government support to control emission, growing technological innovations and increasing demand for electricity worldwide. The demand for electricity is rising with the growing industrialization globally. The market is facing a challenge i.e. high installation cost.

Companies Mentioned

  • Aerco Corporation
  • Alzeta Corporation
  • Amec Foster Wheeler
  • American Boiler Manufacturers Association (Abma)
  • Babcock & Wilcox Company
  • Bfs Industries Llc
  • Bgr Energy Systems Ltd.
  • Bharat Heavy Electricals Ltd.
  • Doosan Heavy Industries & Construction
  • Ge Steam Power
  • Ibl Group
  • Ihi Corporation
  • Mitsubishi Hitachi Power Systems Ltd.
  • Siemens Ag
  • Thermax Ltd.

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Global Power Boilers Market By Region (Revenue Analysis) 2014-2022($ Million)

7. Company Profile

For more information about this report visit http://www.researchandmarkets.com/research/mxv85d/global_power

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: HVAC (Heating, Ventilation, and Air Conditioning), Heat Exchangers and Cooling Towers

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: HVAC (Heating, Ventilation, and Air Conditioning), Heat Exchangers and Cooling Towers