According to the latest report by IMARC Group, titled “Power Plant Boiler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global power plant boiler market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global power plant boiler market to grow at a CAGR of around 4% during 2021-2026. A power plant boiler is mechanical equipment used to produce high-pressure steam for generating electricity. The combustion system in the boiler converts the heat generated from different fossil fuels into steam, which is further converted into electrical energy by using a turbine. Some of the components utilized in a boiler to increase its efficiency and safety are safety valve, water level indicator and pressure gauge.Request for a free sample copy of this report: https://www.imarcgroup.com/power-plant-boiler-market/requestsample
Market Trends:
Rapid urbanization, industrialization, increasing population and boosting overall sales of consumer electronics have led to the rise in the consumption of electricity across the globe. To meet the escalating demand, governments of several countries are investing in the setup and up-gradation of existing power plant boilers. Owing to rising environmental concerns, they are also promoting the adoption of efficient technologies, such as supercritical technology boilers, for reducing carbon emissions. Furthermore, leading manufacturers are investing in research and development (R&D) activities for improving the efficiency of power plant boilers.
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Competitive Landscape With Key Players :
Power Plant Boiler Market being Babcock & Wilcox
AMEC Foster Wheeler,
Dongfang Electric
General Electric
Doosan Heavy Industries & Construction
BHEL
Mitsubishi Hitachi Power Systems
Siemens
IHI Corporation
Thermax, etc.
Breakup by Type:
Pulverized Fuel Boiler
Circulation Fluidized Bed Boiler
Others
Breakup by Technology:
Subcritical
Supercritical
Ultra-Supercritical
Breakup by Fuel Type:
Coal
Oil
Gas
Other
Breakup by Input Capacity:
250 MMBtu/Hr
Breakup by Region:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.