Global Power Boilers Market (2020 to 2027) - Clean Coal Power Technologies are Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Power Boilers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Power Boilers estimated at 95 Thousand Megawatts in the year 2020, is projected to reach a revised size of 113.6 Thousand Megawatts by 2027, growing at a CAGR of 2.6% over the period 2020-2027.

The U.S. Market is Estimated at 25.7 Thousand Megawatts, While China is Forecast to Grow at 4.8% CAGR

The Power Boilers market in the U.S. is estimated at 25.7 Thousand Megawatts in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 22.7 Thousand Megawatts by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Select Competitors (Total 44 Featured):

• ANDRITZ AG
• Bharat Heavy Electricals Limited
• Bosch Industriekessel GmbH
• Cannon Far East
• China Western Power Industrial Co., Ltd.
• Cleaver-Brooks, Inc.
• Danstoker A/S
• Doosan Heavy Industries & Construction Co. Ltd.
• Doosan Lentjes GmbH
• GE Power
• Hangzhou Boiler Group Co., Ltd.
• Harbin Boiler Company Limited
• IHI Corporation
• John Wood Group PLC
• Mitsubishi Hitachi Power Systems, Ltd.
• Miura Co., Ltd.
• Outotec Oyj
• Shanghai SMEC Enterprise Co., Ltd.
• Sichuan Dongfang Boiler Group Co., Ltd.
• Siemens AG
• Sumitomo SHI FW
• Takuma Co., Ltd.
• Thermax Limited
• Valmet Oyj
• Wuhan Boiler Co., Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Power Boilers: Steam Generation Systems for Power Generation at the Utility Level
• Recent Market Activity
• Growing Number of Thermal Power Plants with Enhanced Operational Efficiencies and Reduced Emissions: The Fundamental Growth Driver
• Clean Coal Power Technologies to Drive Global Thermal Power Generation Sector
• Rising Investments in Clean Technology-Based Coal Power Capacities
• Need for Attaining Energy Security, Stability, and Independence while Minimizing Carbon Footprint Drive Adoption
• Cleaner Coal Technologies: Need of the Hour in the United States
• Market Fortunes Intrinsically Tied to Trends in the Global Energy Sector
• Global Energy Trends Summarized
• Slower Growth
• New Technologies and Fuels to Provide Competitive Advantage
• Policies Encourage Clean Energy
• Changing Global Power Sector Landscape
• Power Sector Innovations: Both Supportive and Disruptive
• Cyber Security Become Critical
• Global Market Outlook
• Improving Economy Signals Market Growth Opportunities
• China: Growth Engine for the Global Power Boilers Market
• Coal Power Continues to Dominate Chinese Power Generation
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Steady Proliferation of Smart Power Boilers Featuring NOx Reduction, Fuel Flexibility, and Improved Operational Efficiency Drives Market Growth
• Power Generation Facilities of the Future to be 'Connected' for Greater Operational Efficiencies
• Boiler Optimization: Enhancing Operating Efficiency during Power Generation
• Market Maturity Encourages Vendors to Focus on Integrated Optimization Offerings
• Hybrid Optimization Technologies: A Potential Game Changer
• Snapshot of Select Advanced Technologies Used for Boiler Optimization
• Novel Smart Technology to Monitor Boiler Water Level
• The Urgent Need for Retrofitting to Make Legacy Boilers Future-Ready Drives Market Demand for New-Age Boiler Systems and Solutions
• Fully Metered System or Parallel Positioning
• VFDS & O2 TRIM
• Tradeoffs
• Low NOx Burners
• Liquid Wood
• Surging Energy Consumption and the Resulting Rise in Power Generation Provides the Perfect Platform for Market Growth
• Boiler Demand Benefits from Continued Dominance of Coal-Fired Power Generation despite Rising Interest in Renewable Sources
• Declining Production Cost of Coal-Fired Power Generation Bodes Well for the Market
• Despite Coal-Fired Thermal Power Dominance,Several Issues Hamper Market Prospects for Boilers
• Inherent Benefits of High Efficiency, Low Costs, and Lower Carbon Footprint Drive Demand for Circulating Fluidized Bed Boilers
• Benefits of CFB Boiler Technology
• Utilities Embrace CFB Technology for Fuel Flexibility
• Transition towards Flexible Solid Fuels
• Advantages of CFB over PC Boilers
• CFB Technology's Place in the Global Renewables Landscape
• CFB Option Provides Optimal Value
• Asia-Pacific: The CFB Boiler Market with the Highest Growth Potential
• Need to Enhance Efficiency Levels of Thermal Power Plants Drive Demand for Waste Heat Boilers
• Ongoing Shift to Renewable Energy Sources Rubs Off Sheen of Fossil Fuel Power
• Technology Innovations and Advancements: Spearheading Growth
• Artificial Intelligence (AI) for Testing Coal Plant Boiler Combustion
• Drones for Safer Visual Assessment of Boilers
• New Advanced Green Boiler Technology by PARAT Halvorsen
• ABB Ability: Enabling Utilities to Monitor Power Plants Remotely
• Sophisticated HRSG and Boiler Designs
• Advanced PFBC (A-PFBC)
• Integrated Coal Gasification Combined Cycle (IGCC)
• Supercritical Technology
• Aging Power Boiler Units Provide Revenue-Generation Opportunities for MRO Service Providers
• Growing Demand for Biomass as an Energy Source in Utility Boilers

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/f9pa70