The Power Plant Boiler market was valued at USD 216 billion in 2020 and is expected to reach USD 27 billion by 2020, registering a CAGR of 2% from 2022 to 2028.
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
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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