Power Plant Boiler Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, and Forecast to 2027

The Power Plant Boiler market was valued at USD 216.9 billion in 2020 and is expected to reach USD 27 billion by 2028, registering a CAGR of 2% from 2021 to 2027.

Government-led policies and increased energy consumption are the main drivers for the power plant boiler market. Technological advances are also playing a role in driving market growth. In addition, increasing reliance on mobile devices such as smartphones, smart automation, etc. is expected to drive the demand for electricity, driving the market growth.

Major Players

The major players in the market are Ansaldo S.P.A., Mitsubishi Heavy Industries Ltd., Siemens AG, Amec Foster Wheeler, Harbin Boiler Engineering Co., Ltd., Thermax Ltd., IHI Corporation, Babcock & Wilcox Enterprises, Dongfang Electric Corporation (DEC), and General Electric.

Power Plant Boiler Market- Segmentation

By Fuel Type

• Coal
• Natural gas
• Nuclear
• Petroleum
• Others

 By Technology

• Ultra-critical
• Supercritical
• Subcritical

By Process

• Fluidized Bed Combustion
• Pulverized Fuel Combustion
• Others

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered Power Plant Boiler Market Report

• What was the Power Plant Boiler Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Power Plant Boiler Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Power Plant Boiler Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.