The Worldwide Industrial Boilers Industry is Expected to Reach $24.2 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Industrial Boilers Market Intelligence Report - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The Global Industrial Boilers Market is projected to reach USD 24.27 billion by 2027 from USD 17.70 billion in 2021, at a CAGR 5.40% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available.

In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

• The Americas Industrial Boilers Market size was estimated at USD 5,078.01 million in 2021, is expected to reach USD 5,243.40 million in 2022, and is projected to grow at a CAGR of 5.14% to reach USD 6,862.98 million by 2027.
• The Asia-Pacific Industrial Boilers Market size was estimated at USD 6,198.04 million in 2021, is expected to reach USD 6,517.50 million in 2022, and is projected to grow at a CAGR of 5.77% to reach USD 8,681.89 million by 2027.
• The Europe, Middle East & Africa Industrial Boilers Market size was estimated at USD 6,432.64 million in 2021, is expected to reach USD 6,657.92 million in 2022, and is projected to grow at a CAGR of 5.23% to reach USD 8,734.71 million by 2027.

Market Segmentation & Coverage:

The report on industrial boilers identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making.

This market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the industrial boilers to forecast the revenues and analyze the trends in each of the following sub-markets:

Fuel Type:

• Coal
• Natural Gas & Biomass
• Oil

Boiler Type:

• Fire-tube
• Water-tube

Boiler Horsepower:

• 10-150 BHP
• 151-300 BHP
• 301-600 BHP

End-Use Industry:

• Chemical
• Energy
• Food
• Metals & Mining
• Refineries

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Alfa Laval AB
• Andritz AG
• Babcock & Wilcox Enterprises, Inc.
• Bharat Heavy Electricals Limited
• Byworth Boilers Limited
• Cleaver-Brooks, Inc.
• Dongfang Electric Corporation
• ETA Heiztechnik GmbH
• General Electric Company
• Harbin Electric Corporation Co., Ltd.
• Hurst Boiler & Welding Co, Inc.
• IHI Corporation
• John Wood Group PLC
• Mitsubishi Heavy Industries, Ltd.
• Miura Co., Ltd.
• Robert Bosch GmbH
• Siemens AG
• Sofinter S.p.A.
• Thermax Limited

For more information about this report visit https://www.researchandmarkets.com/r/44qvz2