May 16, 2019
Market Research Future published a research report on "Global Power Boiler Market Research Report - Global Forecast to 2022"- Market Analysis, Size, Share, Trends, Growth, Scope, Stake, Progress, and Forecast to 2022.
Pune, India - May 16, 2019 /MarketersMedia/ —
According to the latest “Power Boiler Market by Type (Pulverized Fuel, Circulation Fluidized Bed, & Others) by Technology (Supercritical, Subcritical, & Ultra-supercritical) by Fuel Type (Coal, Gas & oil) and by Region with Forecast To 2023 report, published by Market Research Future, the Global Power Boiler Market Is Grow 4% CAGR during forecast period of 2017 to 2022.
Power Boiler Market Prominent Players Analyzed are:
Some of notable companies operating in the global power boilers market include Babcock & Wilcox, AMEC Foster Wheeler, Hangzhou Boiler Group, Alstom, Siemens AG¸ Thermax Ltd., Harbin Electric and Mitsubishi Hitachi Power System. A majority of the players are actively focusing on bolstering their research and development pipeline in to offer more superior products with additional features.
Get Free Sample “Power Boilers Market Research Report-Forecast to 2022” at: https://www.marketresearchfuture.com/sample_request/1795
Global Power Boiler Market Regional Analysis
On the basis of region, the market has been segmented into Europe, North America, Asia Pacific (APAC). Asia Pacific is a key market for power boilers.
In addition, the region has a significant contribution to global power boiler market in terms of revenue. The robust Industrial growth in countries such as India, China, Indonesia among others continue to provide an impetus to the market in the region. The power boilers market in APAC is expected to witness a healthy growth over the next several years. Regions such as North America and Europe are also expected to present lucrative opportunities for market players. Increased efforts to upgrade power plants and focus on development of power plants with clean technology is driving the market growth in these regions. Moreover, inclination towards use of energy generated from renewable energy is influencing the market.
Power Boiler Market Overview:
The latest report published by Market Research Future (MRFR) reveals that the global power boilers market is set to growth at a compound annual growth rate of 4% during the forecast period (2017-2022). Power boiler is a type of closed vessel for heating water to a point where it starts converting into steam. The steam which is produced in the power boiler market is then used for number of applications.
Owing to the rapid urbanization and industrialization in fast-developing countries, demand for energy is on the rise. Power boiler is among one of solutions, which is relied upon to meet electricity requirements. The growing investment in development of new power plant is partly influencing power boilers market. Emphasis is being placed on development power plant that product energy using clean resources or resources that are restorable. Power boilers finds find application in clean coal technology plant, natural gas plants, co-generation plants among others.
Rising consumption of electricity is one of the major factors expected to drive the market growth in the forthcoming years. Most power boiler-based plants that are currently in operation are power by fossil fuels such as coal or petroleum. With the arrival of sustainable and eco-friendly solutions to power supply, popularity of power boilers has taken a considerably hit. Cost of producing energy is plays an important role in determining which methods to be used for power generation. As fossil fuel prices continue to swell, feasibility of power boiler plants deteriorates further.
However, in developing countries traditional power plants such as coal fired power plants remain the primary source, which continue to drive the demand for power boilers. Coal fired power plants are extremely common across the world as they are on of oldest methods of power generation. The aforementioned factor is having positive impact on the power boilers market.
Global Power Boiler Market Segmental Analysis
A detailed segmental analysis of the power boiler market is available in the report, which covers power boiler type, technology and fuel type. On the basis of type, the market has been segmented into circulation fluidized bed, pulverized fuel and others. On the basis of technology, the market has been segmented into ultra-supercritical, subcritical and supercritical. On the basis of fuel type, the market has been segmented into oil, gas and coal.
Table of Contents
2.2. Scope Of The Study
2.2.1. Research Objective
2.3. Market Structure
2.4. Market Segmentation
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
4.1. Drivers & Opportunities
4.2. Challenges & Restraints
4.3. Value Chain Analysis
4.4. Porter’s Five Forces Analysis
List Of Tables
Table 1 Power Boiler Market, By Type, 2016-2022 (USD Million)
Table 2 Pulverized Fuels: Power Boiler Market, By Region, 2016-2022 (USD Million)
Table 3 Circulation Fluidized Bed: Power Boiler Market, By Region, 2016-2022(USD Million)
Table 4 Others: Power Boiler Market, By Region, 2016-2022 (USD Million)
Table 5 Power Boiler Market, By Technology, 2016-2022 (USD Million)
List Of Figures
Figure 1 Research Methodology
Figure 2 Impact Analysis: Drivers And Restraints
Figure 3 Power Boiler Market, By Type, 2016-2022 (USD Million)
Figure 4 Power Boiler Market, By Technology, 2016-2022 (USD Million)
Figure 5 Power Boiler Market, By Fuel Type, 2016-2022 (USD Million)
Browse Full Report at: https://www.marketresearchfuture.com/reports/power-boilers-market-1795
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