Power Plant Boiler Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	180 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224235

Best Price Guarantee
Price	from $4,850
Length	180 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224235

Power Plant Boiler Market

Growth Factors of Power Plant Boiler Market

The global power plant boiler market size was valued at USD 22.12 billion in 2023 and is projected to grow from USD 23.26 billion in 2024 to USD 36.26 billion by 2032, exhibiting a CAGR of 5.46% during the forecast period of 2024-2032.

The Power Plant Boiler Market was affected negatively by COVID-19 due to venture delay, a disrupted supply chain, lower electricity investment which even though up-pandemic strength demand can help increase recovery that hinders the power plant boiler market growth.

The riding elements for the Power Plant Boiler Market include rising strength calls for multiplied investments in renewable electricity and authorities' initiatives for effortless power. Additionally, improvements in boiler technology and the shift toward efficient electricity-era structures are fueling the marketplace boom.

Circulating fluidized bed (CFB) boilers are a type of boiler that gives flexibility in gasoline alternatives and lower emissions. Unlike conventional boilers, CFB boilers can burn a massive range of coal, biomass, and waste-derived fuels. This flexibility allows for more utilization of numerous gas resources and facilitates lessening waste, expanding the power plant boiler market share globally. Additionally, CFB boilers are equipped with superior pollution management structures, enabling them to satisfy stringent environmental policies and limit dangerous emissions. This makes CFB boilers an extra sustainable and environmentally pleasant alternative to power technology.

Comprehensive Analysis of Power Plant Boiler Market

The power plant boiler market is segmented primarily by era, fuel kind, and ability. The supercritical generation section ruled because of its better efficiency, lower gas consumption, and reduced carbon emissions, with ultra-supercritical generation expected to develop. By fuel kind, coal-powered boilers led the market, pushed using the sizeable availability and affordability of coal. At the same time, the gas segment is projected to grow because of increasing natural gasoline exploration and government help for fuel-based total power flowers. Regarding capability, the four hundred-800 MW segment held the most significant proportion, with demand for stable and dependable baseloads boosting its increase.

The Asia Pacific region led the power plant boiler market by benefitting a size of USD 15.33 billion in 2023 due to the rapid urbanization and industrialization across the region.

The leading power plant boiler market players significantly influence the company's growth trajectory and set industry standards. Key players, including General Electric (U.S.), Babcock & Wilcox Enterprise (U.S.), Mitsubishi Hitachi Power Systems (Japan), Siemens AG (Germany), Doosan Heavy Industries & Construction (South Korea), Dongfang Electric Corporation (China), IHI Corporation (Japan), John Wood Group (U.K.), Bharat Heavy Electrical Limited (India), Thermax (India), Andritz Group (Austria), and Sumitomo Heavy Industries (Japan), contribute to a competitive landscape, driving innovation and market advancement.

In February 2024, Mitsubishi Power entered an agreement to provide leading equipment, such as an efficient next-generation M701JAC gas turbine, for a new power plant at the third unit of Navoi Power Station. JSC Thermal Power Plants, Uzbekistan's state electric power company, financed this project.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.46% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Technology

Subcritical
Supercritical
Ultra-supercritical

By Fuel Type

Coal
Nuclear
Gas
Oil

By Capacity

Below 400 MW
400-800 MW
Above 800 MW

By Region

North America (By Technology, By Fuel Type, By Capacity, By Country)
U.S. (By Technology)
Canada (By Technology)
Europe (By Technology, By Technology, By Country)
Germany (By Technology)
Russia (By Technology)
Poland (By Technology)
Belarus (By Technology)
Rest of Europe (By Technology)
Asia Pacific (By Technology, By Fuel Type, By Capacity, By Country)
China (By Technology)
India (By Technology)
Japan (By Technology)
Southeast Asia (By Technology)
Rest of Asia Pacific (By Technology)
Latin America (By Technology, By Fuel Type, By Capacity, By Country)
Brazil (By Technology)
Mexico (By Technology)
Rest of Latin America (By Technology)
Middle East and Africa (By Technology, By Fuel Type, By Capacity, By Country)
GCC (By Technology)
South Africa (By Technology)
Iraq (By Technology)
Rest of Middle East & Africa (By Technology)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends – For Major Countries; 4.2. Latest Technological Advancement; 4.3. Regulatory Landscape; 4.4. Porters Five Forces Analysis; 4.5. Impact of COVID-19 on the Power Plant Boiler Market
5. Global Power Plant Boiler Market Analysis (USD Billion), Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. Market Analysis, Insights and Forecast – By Fuel Type; 5.2.1. Coal; 5.2.2. Gas; 5.2.3. Oil; 5.2.4. Nuclear; 5.3. Market Analysis, Insights and Forecast – By Technology; 5.3.1. Subcritical; 5.3.2. Supercritical; 5.3.3. Ultra-supercritical; 5.4. Market Analysis, Insights and Forecast – By Capacity; 5.4.1. Upto 400 MW; 5.4.2. 400 MW - 800 MW; 5.4.3. Above 800 MW; 5.5. Market Analysis, Insights and Forecast – By Region; 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia Pacific; 5.5.4. Latin America; 5.5.5. Middle East & Africa
6. North America Power Plant Boiler Market Analysis (USD Billion), Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Analysis, Insights and Forecast – By Fuel Type; 6.2.1. Coal; 6.2.2. Gas; 6.2.3. Oil; 6.2.4. Nuclear; 6.3. Market Analysis, Insights and Forecast – By Technology; 6.3.1. Subcritical; 6.3.2. Supercritical; 6.3.3. Ultra-supercritical; 6.4. Market Analysis, Insights and Forecast – By Capacity; 6.4.1. Upto 400 MW; 6.4.2. 400 MW - 800 MW; 6.4.3. Above 800 MW; 6.5. Market Analysis, Insights and Forecast – By Country; 6.5.1. U.S. Market Analysis, Insights and Forecast – By Technology; 6.5.1.1. Subcritical; 6.5.1.2. Supercritical; 6.5.1.3. Ultra-supercritical; 6.5.2. Canada Market Analysis, Insights and Forecast – By Technology; 6.5.2.1. Subcritical; 6.5.2.2. Supercritical; 6.5.2.3. Ultra-supercritical
7. Europe Power Plant Boiler Market Analysis (USD Billion), Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Analysis, Insights and Forecast – By Fuel Type; 7.2.1. Coal; 7.2.2. Gas; 7.2.3. Oil; 7.2.4. Nuclear; 7.3. Market Analysis, Insights and Forecast – By Technology; 7.3.1. Subcritical; 7.3.2. Supercritical; 7.3.3. Ultra-supercritical; 7.4. Market Analysis, Insights and Forecast – By Capacity; 7.4.1. Upto 400 MW; 7.4.2. 400 MW - 800 MW; 7.4.3. Above 800 MW; 7.5. Market Analysis, Insights and Forecast – By Country; 7.5.1. Germany Market Analysis, Insights and Forecast – By Technology; 7.5.1.1. Subcritical; 7.5.1.2. Supercritical; 7.5.1.3. Ultra-supercritical; 7.5.2. Russia Market Analysis, Insights and Forecast – By Technology; 7.5.2.1. Subcritical; 7.5.2.2. Supercritical; 7.5.2.3. Ultra-supercritical; 7.5.3. Poland Market Analysis, Insights and Forecast – By Technology; 7.5.3.1. Subcritical; 7.5.3.2. Supercritical; 7.5.3.3. Ultra-supercritical; 7.5.4. Belarus Market Analysis, Insights and Forecast – By Technology; 7.5.4.1. Subcritical; 7.5.4.2. Supercritical; 7.5.4.3. Ultra-supercritical; 7.5.5. Rest of Europe Market Analysis, Insights and Forecast – By Technology; 7.5.5.1. Subcritical; 7.5.5.2. Supercritical; 7.5.5.3. Ultra-supercritical
8. Asia Pacific Power Plant Boiler Market Analysis (USD Billion), Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Analysis, Insights and Forecast – By Fuel Type; 8.2.1. Coal; 8.2.2. Gas; 8.2.3. Oil; 8.2.4. Nuclear; 8.3. Market Analysis, Insights and Forecast – By Technology; 8.3.1. Subcritical; 8.3.2. Supercritical; 8.3.3. Ultra-supercritical; 8.4. Market Analysis, Insights and Forecast – By Capacity; 8.4.1. Upto 400 MW; 8.4.2. 400 MW - 800 MW; 8.4.3. Above 800 MW; 8.5. Market Analysis, Insights and Forecast – By Country; 8.5.1. China Market Analysis, Insights and Forecast – By Technology; 8.5.1.1. Subcritical; 8.5.1.2. Supercritical; 8.5.1.3. Ultra-supercritical; 8.5.2. India Market Analysis, Insights and Forecast – By Technology; 8.5.2.1. Subcritical; 8.5.2.2. Supercritical; 8.5.2.3. Ultra-supercritical; 8.5.3. Japan Market Analysis, Insights and Forecast – By Technology; 8.5.3.1. Subcritical; 8.5.3.2. Supercritical; 8.5.3.3. Ultra-supercritical; 8.5.4. Southeast Asia Market Analysis, Insights and Forecast – By Technology; 8.5.4.1. Subcritical; 8.5.4.2. Supercritical; 8.5.4.3. Ultra-supercritical; 8.5.5. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Technology; 8.5.5.1. Subcritical; 8.5.5.2. Supercritical; 8.5.5.3. Ultra-supercritical
9. Latin America Power Plant Boiler Market Analysis (USD Billion), Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Analysis, Insights and Forecast – By Fuel Type; 9.2.1. Coal; 9.2.2. Gas; 9.2.3. Oil; 9.2.4. Nuclear; 9.3. Market Analysis, Insights and Forecast – By Technology; 9.3.1. Subcritical; 9.3.2. Supercritical; 9.3.3. Ultra-supercritical; 9.4. Market Analysis, Insights and Forecast – By Capacity; 9.4.1. Upto 400 MW; 9.4.2. 400 MW - 800 MW; 9.4.3. Above 800 MW; 9.5. Market Analysis, Insights and Forecast – By Country; 9.5.1. Brazil Market Analysis, Insights and Forecast – By Technology; 9.5.1.1. Subcritical; 9.5.1.2. Supercritical; 9.5.1.3. Ultra-supercritical; 9.5.2. Mexico Market Analysis, Insights and Forecast – By Technology; 9.5.2.1. Subcritical; 9.5.2.2. Supercritical; 9.5.2.3. Ultra-supercritical; 9.5.3. Rest of Latin America Market Analysis, Insights and Forecast – By Technology; 9.5.3.1. Subcritical; 9.5.3.2. Supercritical; 9.5.3.3. Ultra-supercritical
10. Middle East & Africa Power Plant Boiler Market Analysis (USD Billion), Insights and Forecast, 2019-2032: 10.1. Market Analysis, Insights and Forecast – By Fuel Type; 10.1.1. Coal; 10.1.2. Gas; 10.1.3. Oil; 10.1.4. Nuclear; 10.2. Market Analysis, Insights and Forecast – By Technology; 10.2.1. Subcritical; 10.2.2. Supercritical; 10.2.3. Ultra-supercritical; 10.3. Market Analysis, Insights and Forecast – By Capacity; 10.3.1. Upto 400 MW; 10.3.2. 400 MW - 800 MW; 10.3.3. Above 800 MW; 10.4. Market Analysis, Insights and Forecast – By Country; 10.4.1. GCC Market Analysis, Insights and Forecast – By Technology; 10.4.1.1. Subcritical; 10.4.1.2. Supercritical; 10.4.1.3. Ultra-supercritical; 10.4.2. South Africa Market Analysis, Insights and Forecast – By Technology; 10.4.2.1. Subcritical; 10.4.2.2. Supercritical; 10.4.2.3. Ultra-supercritical; 10.4.3. Iraq Market Analysis, Insights and Forecast – By Technology; 10.4.3.1. Subcritical; 10.4.3.2. Supercritical; 10.4.3.3. Ultra-supercritical; 10.4.4. Rest of Middle East & Africa Market Analysis, Insights and Forecast – By Technology; 10.4.4.1. Subcritical; 10.4.4.2. Supercritical; 10.4.4.3. Ultra-supercritical
11. Competitive Analysis: 11.1. Company Market Share Analysis, 2023; 11.2. Company Profile; 11.2.1. General Electric; 11.2.1.1. Business Overview; 11.2.1.2. Product & Service Offering; 11.2.1.3. Overall Revenue; 11.2.1.4. Recent Development; 11.2.2. Babcock & Wilcox Enterprise; 11.2.2.1. Business Overview; 11.2.2.2. Product & Service Offering; 11.2.2.3. Overall Revenue; 11.2.2.4. Recent Development; 11.2.3. Mitsubishi Hitachi Power Systems; 11.2.3.1. Business Overview; 11.2.3.2. Product & Service Offering; 11.2.3.3. Overall Revenue; 11.2.3.4. Recent Development; 11.2.4. Siemens AG; 11.2.4.1. Business Overview; 11.2.4.2. Product & Service Offering; 11.2.4.3. Overall Revenue; 11.2.4.4. Recent Development; 11.2.5. Doosan Heavy Industries & Construction; 11.2.5.1. Business Overview; 11.2.5.2. Product & Service Offering; 11.2.5.3. Overall Revenue; 11.2.5.4. Recent Development; 11.2.6. Dongfang Electric Corporation; 11.2.6.1. Business Overview; 11.2.6.2. Product & Service Offering; 11.2.6.3. Overall Revenue; 11.2.6.4. Recent Development; 11.2.7. IHI Corporation; 11.2.7.1. Business Overview; 11.2.7.2. Product & Service Offering; 11.2.7.3. Overall Revenue; 11.2.7.4. Recent Development; 11.2.8. John Wood Group; 11.2.8.1. Business Overview; 11.2.8.2. Product & Service Offering; 11.2.8.3. Overall Revenue; 11.2.8.4. Recent Development; 11.2.9. Bharat Heavy Electrical Limited; 11.2.9.1. Business Overview; 11.2.9.2. Product & Service Offering; 11.2.9.3. Overall Revenue; 11.2.9.4. Recent Development; 11.2.10. Thermax; 11.2.10.1. Business Overview; 11.2.10.2. Product & Service Offering; 11.2.10.3. Overall Revenue; 11.2.10.4. Recent Development; 11.2.11. Andritz Group; 11.2.11.1. Business Overview; 11.2.11.2. Product & Service Offering; 11.2.11.3. Overall Revenue; 11.2.11.4. Recent Development; 11.2.12. Sumitomo Heavy Industries; 11.2.12.1. Business Overview; 11.2.12.2. Product & Service Offering; 11.2.12.3. Overall Revenue; 11.2.12.4. Recent Development; 12.