Global Boiler Market Growth 2025-2031

Global Boiler Market Growth 2025-2031

The global Boiler market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

This report mainly studies industrial boilers. There are two types of industrial boiler products. One is steam, which is used for power generation or gas supply. For example, a chemical fertilizer plant can use steam to vaporize and use coal as a raw material to synthesize chemical fertilizer. This is a typical industrial boiler. Coal-fired boilers still account for the majority, and gas-fired waste heat boilers are generally used to recover waste heat. A common industrial boiler is a circulating fluidized bed boiler. Industrial boilers are important thermal power equipment, and our country is the country that produces and uses the most boilers in the world today.

This report only includes boiler equipment, not engineering service market information.

The major players in China Boiler market include Dongfang Boiler Group Co., Ltd. (DBC), Harbin Boiler, Wuxi Huaguang Boiler, etc. The top 3 players occupy about 45% shares of the whole market. East China and Northeast China are main markets, they occupy about 60% of the whole market. 200MW-500MW is the main type, with a share about 60%. Electricity is the main application, which holds a share about 55%.

LP Information, Inc. (LPI) ' newest research report, the “Boiler Industry Forecast” looks at past sales and reviews total world Boiler sales in 2024, providing a comprehensive analysis by region and market sector of projected Boiler sales for 2025 through 2031. With Boiler sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Boiler industry.

This Insight Report provides a comprehensive analysis of the global Boiler landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Boiler portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Boiler market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Boiler and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Boiler.

This report presents a comprehensive overview, market shares, and growth opportunities of Boiler market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Below 200MW
200MW-500MW
Above 500MW

Segmentation by Application:
Electricity
Metallurgy
Petrochemical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dongfang Boiler Group Co., Ltd. (DBC)
Harbin Boiler
Shanghai Electric
Babcock & Wilcox
Amec Foster Wheeler
Hangzhou Boiler
Wuxi Huaguang Boiler
Wuhan Boiler
Jinan Boiler
Sichuan Chuanguo Boiler
Taiyuan Boiler

Key Questions Addressed in this Report

What is the 10-year outlook for the global Boiler market?

What factors are driving Boiler market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Boiler market opportunities vary by end market size?

How does Boiler break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.