Market Overview:
The global steam boiler system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steam in various industrial and commercial applications, such as food and beverage, pharmaceuticals, oil and gas processing, pulp and paper production, among others. In addition, the growing awareness about energy efficiency is also propelling the growth of this market. Based on type, the global steam boiler system market can be segmented into oil boilers, gas boilers & coal boilers,, electric boilers,, biomass boilers,. Oil-fired steam boiler systems are expected to dominate this market during the forecast period owing to their high efficiency levels as compared to other types of fuel-fired systems. Gas-fired systems are gaining popularity due their low emissions levels and easy installation process when compared with oil-fired systems.
Product Definition:
A steam boiler system is a type of heating system that uses steam to heat up water and then sends the heated water through pipes to deliver heat to individual rooms in a home or building. The importance of a steam boiler system is that it can provide an efficient and consistent way to heat up spaces, which can save on energy costs.
Oil, Gas & Coal Boiler:
An oil, gas and coal boiler is used in thermal power plants for generating electricity. The boiler is an important part of the steam generation system as it helps to increase the temperature of water or fluid which drives turbines. There are basically two types of boilers namely fired and flow type boilers.
Electric Boiler:
An electric boiler is used in steam boilers to produce super-heat or indirect heat. It is an apparatus made up of interlinked parts including a coil, a heating chamber, and an insulated cover which generates heat by means of induction when the circuit carrying current flows.
Application Insights:
Food and beverage steam boiler was the dominant application segment in the global market, accounting for over 50% of the total revenue share in 2017. The segment is expected to witness significant growth during the forecast period on account of increasing demand for packaged food products across various regions coupled with growing consumer preference for convenient and rapid preparation of hot meals.
The pharmaceutical industry also exhibits considerable potential for growth during the forecast period owing to rising investments in R&D activities pertaining to drug discovery & development. Pharmaceutical companies are focusing on reducing their overall energy expenditure through implementation of energy-efficient technologies including boilers that can produce sufficient heat output required while processing vials, tubes and other laboratory equipment used within a research setting at minimal cost as compared with other sources such as fossil fuel based systems or central heating systems.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to rising demand for food and beverage products along with increasing oil and gas processing activities across countries such as Russia, UK, Germany, Netherlands among others.
The Asia Pacific regional market is anticipated to grow at a significant rate over the forecast period owing to rapid industrialization coupled with developing economies such as China and India among others which are majorly dependent on fossil fuels for energy generation purposes.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Stringent environmental regulations for power plants that use traditional fuels such as coal
- Rising prices of traditional fuels such as natural gas and oil
- Development of new technologies that improve the efficiency of steam boilers, resulting in lower operating costs
- Growing demand from developing countries for new or replacement steam boiler systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Steam Boiler System Market Research Report
By Type
Oil, Gas & Coal Boiler, Electric Boiler, Biomass Boiler
By Application
Food and Beverage Steam Boiler, Pharmaceutical Steam Boiler, Oil & Gas Processing Steam Boiler, Pulp & Paper Production, Others
By Companies
Bosch Thermotechnik, Cochran, Alfa Laval, Viessmann, Cleaver-Brooks, Fulton Boiler Works, Hurst Boiler and Welding, PT. Grand Kartech Tbk, Miura, 1Kawasaki, GETABEC Public, Shuangliang Group, Zhejiang Tuff Boiler, Shanghai Industrial Boiler Limited Company, Zu How Industry, Taijune Boiler
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Steam Boiler System Market Report Segments:
The global Steam Boiler System market is segmented on the basis of:
Types
Oil, Gas & Coal Boiler, Electric Boiler, Biomass Boiler
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage Steam Boiler, Pharmaceutical Steam Boiler, Oil & Gas Processing Steam Boiler, Pulp & Paper Production, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch Thermotechnik
- Cochran
- Alfa Laval
- Viessmann
- Cleaver-Brooks
- Fulton Boiler Works
- Hurst Boiler and Welding
- PT. Grand Kartech Tbk
- Miura
- 1Kawasaki
- GETABEC Public
- Shuangliang Group
- Zhejiang Tuff Boiler
- Shanghai Industrial Boiler Limited Company
- Zu How Industry
- Taijune Boiler
Highlights of The Steam Boiler System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oil, Gas & Coal Boiler
- Electric Boiler
- Biomass Boiler
- By Application:
- Food and Beverage Steam Boiler
- Pharmaceutical Steam Boiler
- Oil & Gas Processing Steam Boiler
- Pulp & Paper Production
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steam Boiler System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A steam boiler system is a type of heating and cooling system that uses water to produce heat or cold. The steam is then used to provide thermal energy for various purposes, such as heating buildings, producing electricity, or providing hot water.
Some of the major players in the steam boiler system market are Bosch Thermotechnik, Cochran, Alfa Laval, Viessmann, Cleaver-Brooks, Fulton Boiler Works, Hurst Boiler and Welding, PT. Grand Kartech Tbk, Miura, 1Kawasaki, GETABEC Public, Shuangliang Group, Zhejiang Tuff Boiler, Shanghai Industrial Boiler Limited Company, Zu How Industry, Taijune Boiler.
The steam boiler system market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steam Boiler System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steam Boiler System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steam Boiler System Market - Supply Chain
4.5. Global Steam Boiler System Market Forecast
4.5.1. Steam Boiler System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steam Boiler System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steam Boiler System Market Absolute $ Opportunity
5. Global Steam Boiler System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steam Boiler System Market Size and Volume Forecast by Type
5.3.1. Oil, Gas & Coal Boiler
5.3.2. Electric Boiler
5.3.3. Biomass Boiler
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steam Boiler System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steam Boiler System Market Size and Volume Forecast by Application
6.3.1. Food and Beverage Steam Boiler
6.3.2. Pharmaceutical Steam Boiler
6.3.3. Oil & Gas Processing Steam Boiler
6.3.4. Pulp & Paper Production
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steam Boiler System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steam Boiler System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steam Boiler System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steam Boiler System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steam Boiler System Demand Share Forecast, 2019-2026
9. North America Steam Boiler System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steam Boiler System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steam Boiler System Market Size and Volume Forecast by Application
9.4.1. Food and Beverage Steam Boiler
9.4.2. Pharmaceutical Steam Boiler
9.4.3. Oil & Gas Processing Steam Boiler
9.4.4. Pulp & Paper Production
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steam Boiler System Market Size and Volume Forecast by Type
9.7.1. Oil, Gas & Coal Boiler
9.7.2. Electric Boiler
9.7.3. Biomass Boiler
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steam Boiler System Demand Share Forecast, 2019-2026
10. Latin America Steam Boiler System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steam Boiler System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steam Boiler System Market Size and Volume Forecast by Application
10.4.1. Food and Beverage Steam Boiler
10.4.2. Pharmaceutical Steam Boiler
10.4.3. Oil & Gas Processing Steam Boiler
10.4.4. Pulp & Paper Production
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steam Boiler System Market Size and Volume Forecast by Type
10.7.1. Oil, Gas & Coal Boiler
10.7.2. Electric Boiler
10.7.3. Biomass Boiler
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steam Boiler System Demand Share Forecast, 2019-2026
11. Europe Steam Boiler System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steam Boiler System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steam Boiler System Market Size and Volume Forecast by Application
11.4.1. Food and Beverage Steam Boiler
11.4.2. Pharmaceutical Steam Boiler
11.4.3. Oil & Gas Processing Steam Boiler
11.4.4. Pulp & Paper Production
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steam Boiler System Market Size and Volume Forecast by Type
11.7.1. Oil, Gas & Coal Boiler
11.7.2. Electric Boiler
11.7.3. Biomass Boiler
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steam Boiler System Demand Share, 2019-2026
12. Asia Pacific Steam Boiler System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steam Boiler System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steam Boiler System Market Size and Volume Forecast by Application
12.4.1. Food and Beverage Steam Boiler
12.4.2. Pharmaceutical Steam Boiler
12.4.3. Oil & Gas Processing Steam Boiler
12.4.4. Pulp & Paper Production
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steam Boiler System Market Size and Volume Forecast by Type
12.7.1. Oil, Gas & Coal Boiler
12.7.2. Electric Boiler
12.7.3. Biomass Boiler
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steam Boiler System Demand Share, 2019-2026
13. Middle East & Africa Steam Boiler System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steam Boiler System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steam Boiler System Market Size and Volume Forecast by Application
13.4.1. Food and Beverage Steam Boiler
13.4.2. Pharmaceutical Steam Boiler
13.4.3. Oil & Gas Processing Steam Boiler
13.4.4. Pulp & Paper Production
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steam Boiler System Market Size and Volume Forecast by Type
13.7.1. Oil, Gas & Coal Boiler
13.7.2. Electric Boiler
13.7.3. Biomass Boiler
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steam Boiler System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steam Boiler System Market: Market Share Analysis
14.2. Steam Boiler System Distributors and Customers
14.3. Steam Boiler System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch Thermotechnik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cochran
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Alfa Laval
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Viessmann
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cleaver-Brooks
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fulton Boiler Works
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hurst Boiler and Welding
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PT. Grand Kartech Tbk
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Miura
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. 1Kawasaki
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GETABEC Public
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shuangliang Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhejiang Tuff Boiler
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai Industrial Boiler Limited Company
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zu How Industry
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Taijune Boiler
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
