Europe Industrial Boilers Market was worth USD 2.89 billion in 2019 and is projected to grow at a CAGR of 6.67%, to reach USD 3.98 billion by 2024.
The development of ultra-mega power projects in emerging economies will drive the growth prospects for the global commercial boiler marketplace over the next few years. The use of new materials in biomass beds now not only increases the performance of the waste but additionally reduces the value of biomass boilers. Also, the distribution of oxygen in the boiler will enhance the performance and uniformity of combustion.
Regulations imposed by the foremost environmental regulatory bodies encourage numerous industries to check their emissions. As an end result, companies are implementing measures to generate energy with decreasing emissions. Measures towards strength optimization coupled with increasing adoption of energy-efficient heating systems will propel the industrial boilers market. In November 2015, the European Union introduced Directive (European) 2015/2193 with an intention to reduce emissions from combustion devices.
The Industrial Boilers market is categorized by type, application, product, fuel type, and region. Based on type, the market is categorized as Fire Tube and Water Tube. On the basis of application, the market is categorized into Refineries, Primary Metal, Chemical, and Food. On the basis of product, it is subjected into 301BHP-600BHP, 151BHP-300BHP, and 10BHP-150BHP and by Fuel type, it is divided into Gas, Coal, and Oil.
On the basis of region, the Europe Industrial Boilers market is categorized into UK, Spain, Germany, France, and others. The European governments have put a major focus on reducing their greenhouse gas emissions, with the European Union implementing numerous directives with respect to this issue.
Major Key Players :
Some of the major players in the Industrial Boilers market are Babcock & Wilcox Enterprises, Inc. (U.S.), Dongfang Electric Corporation Ltd. (China), Siemens AG (Germany), General Electric (U.S.), AC Boilers S.p.a. (Europe), Bharat Heavy Electricals Limited (India), Harbin Electric Group (China), IHI Corporation (Japan), Mitsubishi Hitachi Power Systems, Ltd. (Japan), and Thermax Limited (India).
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 10BHP-150BHP
5.1.2 151BHP-300BHP
5.1.3 301BHP-600BHP
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2 Type
5.2.1 Water Tube
5.2.2 Fire Tube
5.2.3 Y-o-Y Growth Analysis, By Type
5.2.4 Market Attractiveness Analysis, By Type
5.2.6 Market Share Analysis, By Type
5.3 Application
5.3.1 Food
5.3.2 Chemical
5.3.3 Refineries
5.3.4 Primary Metal
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 Fuel Type
5.4.1 Coal
5.4.2 Gas
5.4.3 Y-o-Y Growth Analysis, By Fuel Type
5.4.4 Market Attractiveness Analysis, By Fuel Type
5.4.5 Market Share Analysis, By Fuel Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By Fuel Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By Fuel Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By Fuel Type
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Babcock & Wilcox Enterprises, Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Dongfang Electric Corporation Ltd.
8.3 Siemens AG
8.4 General Electric
8.5 AC Boilers S.p.a.
8.6 Bharat Heavy Electricals Limited
8.7 Harbin Electric Group
8.8 IHI Corporation
8.9 Mitsubishi Hitachi Power Systems, Ltd.
8.10 Thermax Limited
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
