Industrial Boilers Market are closed vessels that are used in a fuel supply or electricity to heat water or to initiate steam for commercial heating and humidification applications. The fundamental concept of a boiler consist of a heat supply (furnace) and a device (pipes or tubes) or heat transfer medium that permits water to be heated above its boiling point. There are several types of boilers present in the market which can be used to produce steam or hot water.
Global industrial boilers market is registering a substantial CAGR of 5.8% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to rising demand of the natural gas-fired boiler, food & Beverages and commercial Boilers
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Competitive Analysis: Global Industrial Boilers Market
Few of the major competitors currently working in Global Industrial Boilers Market are AE&E NANJING BOILER CO., LTD., Sofinter S.p.a, ALFA LAVAL, Amec Foster Wheeler, ANDRITZ, Hitachi, Ltd., Babcock Wanson, Babcock & Wilcox Enterprises, Inc. , BWSC, BHEL, Robert Bosch GmbH, Cheema Boilers Limited, Clayton Industries, qCleaver-Brooks, Inc, Danstoker A/S, Detroit Stoker Company, SUPERIOR BOILER, LLC, Doosan Power Systems, Doosan Heavy Industries & Construction, HAMON, GENERAL ELECTRIC, The Fulton Companies, Hangzhou Boiler Group Co.,Ltd. , Harbin Electric Corporation co.,Ltd, Viessmann Werke GmbH & Co. KG, ICI Caldaie S.p.A. and among others.
Key Pointers Covered in the Global Industrial Boilers Market Trends and Forecast to 2026
- Global Industrial Boilers Market New Sales Volumes
- Global Industrial Boilers Market Replacement Sales Volumes
- Global Industrial Boilers Market Installed Base
- Global Industrial Boilers Market By Brands
- Global Industrial Boilers Market Size
- Global Industrial Boilers Market Procedure Volumes
- Global Industrial Boilers Market Product Price Analysis
- Global Industrial Boilers Market Healthcare Outcomes
- Global Industrial Boilers Market Cost of Care Analysis
- Global Industrial Boilers Market Regulatory Framework and Changes
- Global Industrial Boilers Market Prices and Reimbursement Analysis
- Global Industrial Boilers Market Shares in Different Regions
- Recent Developments for Global Industrial Boilers Market Competitors
- Global Industrial Boilers Market Upcoming Applications
- Global Industrial Boilers Market Innovators Study
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Key Developments in the Market:
- In October 2018, Hartford boiler (HSB), a part of Munich Re, declared the closing of the acquisition with relayr, Inc. the Berlin-based industrial Internet of things technology company. Relayr focuses on helping the customers for price reduction, energy potency and quality improvement. Relayr can retain its brand and will remain an independent entity within HSB group. This acquisition assists relayr to bring a unique amalgamation of IoT consulting and software with the financial assurance
- In December, 2017 Atlas Copco, a number one supplier of property productivity solutions, has agreed to acquire Location Thermique Service SAS, a French boiler rental company. It rents out steam boilers, which is used typically in the production method, for purchasers within the manufacturer, power, chemical, oil and gas sectors. This acquisition will help to strengthen and expand the product offering its customers
Scope of the Industrial Boilers Market
- Global Industrial Boilers Market By Fuel Type (Natural Gas and Biomass, Oil, Coal, Others), Boiler Horsepower (10-150BHP, 151-300 BHP, 301-600 BHP), End User (Chemical, Food, Metals and Mining, Paper, Refineries, others), Technology (Condensing, Non- Condensing), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
- Global industrial boilers market is registering a substantial CAGR of 5.8% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to rising demand of the natural gas-fired boiler, food & Beverages and commercial Boilers
- Industrial boilers are closed vessels that are used in a fuel supply or electricity to heat water or to initiate steam for commercial heating and humidification applications. The fundamental concept of a boiler consist of a heat supply (furnace) and a device (pipes or tubes) or heat transfer medium that permits water to be heated above its boiling point. There are several types of boilers present in the market which can be used to produce steam or hot water.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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