Industrial Boiler Market by Fuel (Natural Gas, Coal, Oil), Boiler Type (Fire Tube, Water Tube), Function (Hot Water, Steam), Boiler Horsepower, End-use Industry (Chemical & Petrochemical, Food, Pulp & Paper) And Region - Global Forecast to 2030

The industrial boiler market is projected to reach USD 20.75 billion by 2030 from USD 17.22 billion in 2025, at a CAGR of 3.8% during the forecast period. As industries expand across sectors such as power generation, chemicals, food processing, and manufacturing, the need for reliable and high-capacity steam and hot water boilers continues to surge. Developing economies, particularly in Asia-Pacific, are witnessing significant investments in industrial infrastructure, further fueling market expansion. Additionally, government initiatives promoting cleaner energy sources and stricter environmental regulations are pushing industries to upgrade their boiler systems to more efficient and low-emission models. The transition from coal-fired boilers to natural gas, biomass, and hydrogen-based alternatives is another major factor driving market growth, as companies seek to comply with stringent emission norms such as the EPA’s Boiler MACT standards and the EU Industrial Emissions Directive (IED). Moreover, advancements in boiler technology, including automation, smart monitoring, and waste heat recovery systems, are enhancing efficiency and reducing operational costs, making modern boilers a more attractive investment. The increasing adoption of cogeneration (combined heat and power) systems in industrial settings is also propelling demand, as these systems optimize fuel usage while reducing energy waste. Additionally, aging boiler infrastructure in developed nations is creating opportunities for market players offering retrofitting and modernization services.

“Natural gas is the second fastest-growing segment in the industrial boiler market during the forecast period.”

Natural gas-fired boilers are widely used in industrial applications due to their high efficiency, lower emissions, and cost-effectiveness compared to traditional coal-fired systems. These boilers utilize natural gas as the primary fuel source to generate steam or hot water, making them a preferred choice for industries such as power generation, chemicals, food processing, and manufacturing. The increasing availability of natural gas, stringent environmental regulations, and the global push for cleaner energy have significantly driven the adoption of natural gas-fired boilers across various sectors. One of the major advantages of natural gas-fired boilers is their low emissions profile. Unlike coal-fired boilers, they produce fewer greenhouse gases, lower sulfur dioxide (SO₂), nitrogen oxides (NOₓ), and particulate matter emissions. This makes them compliant with strict environmental standards such as the EPA's Boiler MACT regulations and the European Industrial Emissions Directive (IED). Additionally, natural gas-fired boilers offer higher combustion efficiency, lower maintenance costs, and faster startup times compared to conventional solid-fuel boilers. The market for natural gas-fired boilers is expanding rapidly due to industrialization, the shift towards low-carbon energy sources, and government incentives promoting cleaner fuels.

“Water tube is the fastest-growing structure in the industrial boiler market during the forecast period.”

Water-tube boilers are high-performance steam-generating systems where water flows through tubes while hot gases from the combustion process surround them. This design allows these boilers to handle higher pressures and temperatures, making them ideal for industries that require large steam outputs, such as power generation, chemical processing, refineries, and heavy manufacturing. Unlike fire-tube boilers, where hot gases pass through tubes surrounded by water, water-tube boilers offer better heat transfer efficiency, faster steam generation, and the ability to operate at extreme conditions. One of the key advantages of water-tube boilers is their ability to withstand pressures up to 160 bar and temperatures exceeding 550°C. This makes them essential in thermal power plants and industrial applications requiring superheated steam. Additionally, they have a small water content, which enables quick response to load changes, making them more efficient and safer. Their design can accommodate multiple burners, allowing for horizontal or vertical firing configurations, which is beneficial for temperature control and optimizing performance. Water-tube boilers can be either naturally circulated or forced circulation systems. In naturally circulated boilers, steam and water movement is driven by density differences, while forced circulation systems use pumps to enhance steam production. To improve efficiency, modern water-tube boilers are often integrated with waste heat recovery systems, automation, and digital monitoring technologies.

“The Middle East and Africa (MEA) market is projected to register the second fastest growing market for industrial boiler during the forecast period.”

The Middle East & Africa (MEA) industrial boiler market is experiencing growth due to rapid industrialization, rising energy demand, and expanding oil & gas, petrochemical, and power generation sectors. Countries like Saudi Arabia, the UAE, South Africa, and Egypt are witnessing significant infrastructure development, driving the demand for high-efficiency industrial boilers. The region’s focus on diversifying economies beyond oil exports has led to increased investments in manufacturing, food processing, and chemical industries, further fueling the need for advanced boiler systems.

A key growth driver is the expansion of the power sector to meet the rising electricity demand. Many countries are investing in thermal power plants, cogeneration (combined heat and power) systems, and renewable energy projects, all of which require high-performance boilers. Additionally, the oil & gas industry remains a major contributor, with refineries and petrochemical plants utilizing industrial boilers for steam generation and process heating. Environmental regulations and the shift towards cleaner fuels are also influencing the market. Governments in the region are implementing emission control policies to reduce reliance on heavy fuels, prompting industries to adopt natural gas-fired and biomass boilers. The push for energy efficiency and sustainability, supported by incentives and regulatory frameworks, is encouraging the adoption of modern, low-emission boiler technologies.

Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments and the information gathered through secondary research.

The break-up of primary interviews is given below:

• By Department: Tier 1: 40%, Tier 2: 25%, and Tier 3: 35%
• By Designation: C Level: 35%, Director Level: 30%, and Executives: 35%
• By Region: North America: 25%, Europe: 45%, Asia Pacific: 20%, South America: 5%, Middle East & Africa 5%

Babcock & Wilcox Enterprises,. (US), Siemens (Germany), Wood (UK), Dongfang Electric Corporation Limited (DEC LTD.) (China), Robert Bosch GmbH (Bosch) (Germany), Mitsubishi Heavy Industries, Ltd. (MHI) (Japan), Thermax Limited (India), Sofinter (Italy), Bhel (India), Cleaver-Brooks, Inc. (US) among others are some of the key players in the industrial boilers market.

The study includes an in-depth competitive analysis of these key players in the authentication and brand

protection market, with their company profiles, recent developments, and key market strategies.

Research Coverage

The market study covers the industrial boiler market across various segments. It aims to estimate the market size and the growth potential of this market across different segments based on material, application, structure, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the industrial boiler market.

Key Benefits of Buying the Report

The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall industrial boiler market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (rising demand for electricity and power generation, high demand from major end-use industries), restraints (high initial investment and operating cost), opportunities (Adoption of biomass boilers to achive low carbon emission), challenges (Hincreasing energy prices).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial boiler market
• Market Development: Comprehensive information about lucrative markets – the report analyses the industrial boiler market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the industrial boiler market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Babcock & Wilcox Enterprises,. (US), Siemens (Germany), Wood (UK), Dongfang Electric Corporation Limited (DEC LTD.) (China), Robert Bosch GmbH (Bosch) (Germany), Mitsubishi Heavy Industries, Ltd. (MHI) (Japan), Thermax Limited (India), Sofinter (Italy), Bhel (India), Cleaver-Brooks, Inc. (US) among others are the top manufacturers covered in the industrial boiler market.

Tables List

Table 1 Industrial Boilers Market: Definition

Table 2 Industrial Boilers Market: Inclusions And Exclusions

Table 3 Total Number Of Patents

Table 4 Top 10 Patent Owners

Table 5 Industrial Boilers Market: Role Of Players In Ecosystem

Table 6 Industrial Boilers Market: Porter’s Five Forces Analysis

Table 7 Import Trade Data For Industrial Boilers, By Country,

2022–2024 (Usd Thousand)

Table 8 Export Trade Data For Industrial Boilers, By Country,

2022–2024 (Usd Thousand)

Table 9 Trends Of Per Capita Gdp, By Country, 2020–2023 (Usd)

Table 10 Gdp Growth Estimates And Projections Of Key Countries,

2024–2027(Usd)

Table 11 Industrial Boilers Market: Conferences And Events

Table 12 Industrial Boilers Market, By Fuel Type, 2021–2024 (Usd Million)

Table 13 Industrial Boilers Market, By Fuel Type, 2025–2030 (Usd Million)

Table 14 Industrial Boilers Market, By Fuel Type, 2021–2024 (Units)

Table 15 Industrial Boilers Market, By Fuel Type, 2025–2030 (Units)

Table 16 Industrial Boilers Market, By Boiler Type, 2021–2024 (Usd Million)

Table 17 Industrial Boilers Market, By Boiler Type, 2025–2030 (Usd Million)

Table 18 Industrial Boilers Market, By Boiler Type, 2021–2024 (Units)

Table 19 Industrial Boilers Market, By Boiler Type, 2025–2030 (Units)

Table 20 Industrial Boilers Market, By Function Type, 2021–2024 (Usd Million)

Table 21 Industrial Boilers Market, By Function Type, 2025–2030 (Usd Million)

Table 22 Industrial Boilers Market, By Function Type, 2021–2024 (Units)

Table 23 Industrial Boilers Market, By Function Type, 2025–2030 (Units)

Table 24 Industrial Boilers Market, By Boiler Horsepower,

2021–2024 (Usd Million)

Table 25 Industrial Boilers Market, By Boiler Horsepower,

2025–2030 (Usd Million)

Table 26 Industrial Boilers Market, By Boiler Horsepower, 2021–2024 (Units)

Table 27 Industrial Boilers Market, By Boiler Horsepower, 2025–2030 (Units)

Table 28 Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 29 Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 30 Industrial Boilers Market, By End-use Industry, 2021–2024 (Units)

Table 31 Industrial Boilers Market, By End-use Industry, 2025–2030 (Units)

Table 32 Industrial Boilers Market, By Region, 2021–2024 (Usd Million)

Table 33 Industrial Boilers Market, By Region, 2025–2030 (Usd Million)

Table 34 Industrial Boilers Market, By Region, 2021–2024 (Units)

Table 35 Industrial Boilers Market, By Region, 2025–2030 (Units)

Table 36 Asia Pacific: Industrial Boilers Market, By Country,

2021–2024 (Usd Million)

Table 37 Asia Pacific: Industrial Boilers Market, By Country,

2025–2030 (Usd Million)

Table 38 Asia Pacific: Industrial Boilers Market, By Country, 2021–2024 (Units)

Table 39 Asia Pacific: Industrial Boilers Market, By Country, 2025–2030 (Units)

Table 40 Asia Pacific: Industrial Boilers Market, By Boiler Type,

2021–2024 (Usd Million)

Table 41 Asia Pacific: Industrial Boilers Market, By Boiler Type,

2025–2030 (Usd Million)

Table 42 Asia Pacific: Industrial Boilers Market, By Boiler Type,

2021–2024 (Units)

Table 43 Asia Pacific: Industrial Boilers Market, By Boiler Type,

2025–2030 (Units)

Table 44 Asia Pacific: Industrial Boilers Market, By Fuel Type,

2021–2024 (Usd Million)

Table 45 Asia Pacific: Industrial Boilers Market, By Fuel Type,

2025–2030 (Usd Million)

Table 46 Asia Pacific: Industrial Boilers Market, By Fuel Type, 2021–2024 (Units)

Table 47 Asia Pacific: Industrial Boilers Market, By Fuel Type, 2025–2030 (Units)

Table 48 Asia Pacific: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 49 Asia Pacific: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 50 Asia Pacific: Industrial Boilers Market, By Function Type,

2021–2024 (Units)

Table 51 Asia Pacific: Industrial Boilers Market, By Function Type,

2025–2030 (Units)

Table 52 Asia Pacific: Industrial Boilers Market, By Boiler Horsepower,

2021–2024 (Usd Million)

Table 53 Asia Pacific: Industrial Boilers Market, By Boiler Horsepower,

2025–2030 (Usd Million)

Table 54 Asia Pacific: Industrial Boilers Market, By Boiler Horsepower,

2021–2024 (Units)

Table 55 Asia Pacific: Industrial Boilers Market, By Boiler Horsepower,

2025–2030 (Units)

Table 56 Asia Pacific: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 57 Asia Pacific: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 58 Asia Pacific: Industrial Boilers Market, By End-use Industry,

2021–2024 (Units)

Table 59 Asia Pacific: Industrial Boilers Market, By End-use Industry,

2025–2030 (Units)

Table 60 China: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 61 China: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 62 China: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 63 China: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 64 India: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 65 India: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 66 India: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 67 India: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 68 Japan: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 69 Japan: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 70 Japan: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 71 Japan: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 72 South Korea: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 73 South Korea: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 74 South Korea: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 75 South Korea: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 76 Malaysia: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 77 Malaysia: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 78 Malaysia: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 79 Malaysia: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 80 Australia: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 81 Australia: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 82 Australia: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 83 Australia: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 84 Rest Of Asia Pacific: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 85 Rest Of Asia Pacific: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 86 Rest Of Asia Pacific: Industrial Boilers Market, By End-use Industry, 2021–2024 (Usd Million)

Table 87 Rest Of Asia Pacific: Industrial Boilers Market, By End-use Industry, 2025–2030 (Usd Million)

Table 88 Europe: Industrial Boilers Market, By Country,

2021–2024 (Usd Million)

Table 89 Europe: Industrial Boilers Market, By Country,

2025–2030 (Usd Million)

Table 90 Europe: Industrial Boilers Market, By Country, 2021–2024 (Units)

Table 91 Europe: Industrial Boilers Market, By Country, 2025–2030 (Units)

Table 92 Europe: Industrial Boilers Market, By Boiler Type,

2021–2024 (Usd Million)

Table 93 Europe: Industrial Boilers Market, By Boiler Type,

2025–2030 (Usd Million)

Table 94 Europe: Industrial Boilers Market, By Boiler Type, 2021–2024 (Units)

Table 95 Europe: Industrial Boilers Market, By Boiler Type, 2025–2030 (Units)

Table 96 Europe: Industrial Boilers Market, By Fuel Type,

2021–2024 (Usd Million)

Table 97 Europe: Industrial Boilers Market, By Fuel Type,

2025–2030 (Usd Million)

Table 98 Europe: Industrial Boilers Market, By Fuel Type, 2021–2024 (Units)

Table 99 Europe: Industrial Boilers Market, By Fuel Type, 2025–2030 (Units)

Table 100 Europe: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 101 Europe: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 102 Europe: Industrial Boilers Market, By Function Type, 2021–2024 (Units)

Table 103 Europe: Industrial Boilers Market, By Function Type, 2025–2030 (Units)

Table 104 Europe: Industrial Boilers Market, By Boiler Horsepower,

2021–2024 (Usd Million)

Table 105 Europe: Industrial Boilers Market, By Boiler Horsepower,

2025–2030 (Usd Million)

Table 106 Europe: Industrial Boilers Market, By Boiler Horsepower,

2021–2024 (Units)

Table 107 Europe: Industrial Boilers Market, By Boiler Horsepower,

2025–2030 (Units)

Table 108 Europe: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 109 Europe: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 110 Europe: Industrial Boilers Market, By End-use Industry,

2021–2024 (Units)

Table 111 Europe: Industrial Boilers Market, By End-use Industry,

2025–2030 (Units)

Table 112 Germany: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 113 Germany: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 114 Germany: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 115 Germany: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 116 Uk: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 117 Uk: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 118 Uk: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 119 Uk: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 120 France: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 121 France: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 122 France: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 123 France: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 124 Italy: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 125 Italy: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 126 Italy: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 127 Italy: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 128 Turkey: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 129 Turkey: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 130 Turkey: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 131 Turkey: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 132 Eastern Europe: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 133 Eastern Europe: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 134 Eastern Europe: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 135 Eastern Europe: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 136 Rest Of Europe: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 137 Rest Of Europe: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 138 Rest Of Europe: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 139 Rest Of Europe: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 140 North America: Industrial Boilers Market, By Country,

2021–2024 (Usd Million)

Table 141 North America: Industrial Boilers Market, By Country,

2025–2030 (Usd Million)

Table 142 North America: Industrial Boilers Market, By Country,

2021–2024 (Units)

Table 143 North America: Industrial Boilers Market, By Country,

2025–2030 (Units)

Table 144 North America: Industrial Boilers Market, By Boiler Type,

2021–2024 (Usd Million)

Table 145 North America: Industrial Boilers Market, By Boiler Type,

2025–2030 (Usd Million)

Table 146 North America: Industrial Boilers Market, By Boiler Type,

2021–2024 (Units)

Table 147 North America: Industrial Boilers Market, By Boiler Type,

2025–2030 (Units)

Table 148 North America: Industrial Boilers Market, By Fuel Type,

2021–2024 (Usd Million)

Table 149 North America: Industrial Boilers Market, By Fuel Type,

2025–2030 (Usd Million)

Table 150 North America: Industrial Boilers Market, By Fuel Type,

2021–2024 (Units)

Table 151 North America: Industrial Boilers Market, By Fuel Type,

2025–2030 (Units)

Table 152 North America: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 153 North America: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 154 North America: Industrial Boilers Market, By Function Type,

2021–2024 (Units)

Table 155 North America: Industrial Boilers Market, By Function Type,

2025–2030 (Units)

Table 156 North America: Industrial Boilers Market, By Boiler Horsepower, 2021–2024 (Usd Million)

Table 157 North America: Industrial Boilers Market, By Boiler Horsepower, 2025–2030 (Usd Million)

Table 158 North America: Industrial Boilers Market, By Boiler Horsepower, 2021–2024 (Units)

Table 159 North America: Industrial Boilers Market, By Boiler Horsepower, 2025–2030 (Units)

Table 160 North America: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 161 North America: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 162 North America: Industrial Boilers Market, By End-use Industry,

2021–2024 (Units)

Table 163 North America: Industrial Boilers Market, By End-use Industry,

2025–2030 (Units)

Table 164 Us: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 165 Us: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 166 Us: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 167 Us: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 168 Canada: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 169 Canada: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 170 Canada: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 171 Canada: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 172 Mexico: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 173 Mexico: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 174 Mexico: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 175 Mexico: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 176 Middle East & Africa: Industrial Boilers Market, By Country,

2021–2024 (Usd Million)

Table 177 Middle East & Africa: Industrial Boilers Market, By Country,

2025–2030 (Usd Million)

Table 178 Middle East & Africa: Industrial Boilers Market, By Country,

2021–2024 (Units)

Table 179 Middle East & Africa: Industrial Boilers Market, By Country,

2025–2030 (Units)

Table 180 Middle East & Africa: Industrial Boilers Market, By Boiler Type,

2021–2024 (Usd Million)

Table 181 Middle East & Africa: Industrial Boilers Market, By Boiler Type,

2025–2030 (Usd Million)

Table 182 Middle East & Africa: Industrial Boilers Market, By Boiler Type,

2021–2024 (Units)

Table 183 Middle East & Africa: Industrial Boilers Market, By Boiler Type,

2025–2030 (Units)

Table 184 Middle East & Africa: Industrial Boilers Market, By Fuel Type,

2021–2024 (Usd Million)

Table 185 Middle East & Africa: Industrial Boilers Market, By Fuel Type,

2025–2030 (Usd Million)

Table 186 Middle East & Africa: Industrial Boilers Market, By Fuel Type,

2021–2024 (Units)

Table 187 Middle East & Africa: Industrial Boilers Market, By Fuel Type,

2025–2030 (Units)

Table 188 Middle East & Africa: Industrial Boilers Market, By Function Type, 2021–2024 (Usd Million)

Table 189 Middle East & Africa: Industrial Boilers Market, By Function Type, 2025–2030 (Usd Million)

Table 190 Middle East & Africa: Industrial Boilers Market, By Function Type, 2021–2024 (Units)

Table 191 Middle East & Africa: Industrial Boilers Market, By Function Type, 2025–2030 (Units)

Table 192 Middle East & Africa: Industrial Boilers Market, By Boiler Horsepower, 2021–2024 (Usd Million)

Table 193 Middle East & Africa: Industrial Boilers Market, By Boiler Horsepower, 2025–2030 (Usd Million)

Table 194 Middle East & Africa: Industrial Boilers Market, By Boiler Horsepower, 2021–2024 (Units)

Table 195 Middle East & Africa: Industrial Boilers Market, By Boiler Horsepower, 2025–2030 (Units)

Table 196 Middle East & Africa: Industrial Boilers Market, By End-use Industry, 2021–2024 (Usd Million)

Table 197 Middle East & Africa: Industrial Boilers Market, By End-use Industry, 2025–2030 (Usd Million)

Table 198 Middle East & Africa: Industrial Boilers Market, By End-use Industry, 2021–2024 (Units)

Table 199 Middle East & Africa: Industrial Boilers Market, By End-use Industry, 2025–2030 (Units)

Table 200 Saudi Arabia: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 201 Saudi Arabia: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 202 Saudi Arabia: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 203 Saudi Arabia: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 204 Uae: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 205 Uae: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 206 Uae: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 207 Uae: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 208 Egypt: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 209 Egypt: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 210 Egypt: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 211 Egypt: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 212 Rest Of Middle East & Africa: Industrial Boilers Market, By Function Type, 2021–2024 (Usd Million)

Table 213 Rest Of Middle East & Africa: Industrial Boilers Market, By Function Type, 2025–2030 (Usd Million)

Table 214 Rest Of Middle East & Africa: Industrial Boilers Market, By End-use Industry, 2021–2024 (Usd Million)

Table 215 Rest Of Middle East & Africa: Industrial Boilers Market, By End-use Industry, 2025–2030 (Usd Million)

Table 216 South America: Industrial Boilers Market, By Country,

2021–2024 (Usd Million)

Table 217 South America: Industrial Boilers Market, By Country,

2025–2030 (Usd Million)

Table 218 South America: Industrial Boilers Market, By Country,

2021–2024 (Units)

Table 219 South America: Industrial Boilers Market, By Country,

2025–2030 (Units)

Table 220 South America: Industrial Boilers Market, By Boiler Type,

2021–2024 (Usd Million)

Table 221 South America: Industrial Boilers Market, By Boiler Type,

2025–2030 (Usd Million)

Table 222 South America: Industrial Boilers Market, By Boiler Type,

2021–2024 (Units)

Table 223 South America: Industrial Boilers Market, By Boiler Type,

2025–2030 (Units)

Table 224 South America: Industrial Boilers Market, By Fuel Type,

2021–2024 (Usd Million)

Table 225 South America: Industrial Boilers Market, By Fuel Type,

2025–2030 (Usd Million)

Table 226 South America: Industrial Boilers Market, By Fuel Type,

2021–2024 (Units)

Table 227 South America: Industrial Boilers Market, By Fuel Type,

2025–2030 (Units)

Table 228 South America: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 229 South America: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 230 South America: Industrial Boilers Market, By Function Type,

2021–2024 (Units)

Table 231 South America: Industrial Boilers Market, By Function Type,

2025–2030 (Units)

Table 232 South America: Industrial Boilers Market, By Boiler Horsepower, 2021–2024 (Usd Million)

Table 233 South America: Industrial Boilers Market, By Boiler Horsepower, 2025–2030 (Usd Million)

Table 234 South America: Industrial Boilers Market, By Boiler Horsepower, 2021–2024 (Units)

Table 235 South America: Industrial Boilers Market, By Boiler Horsepower, 2025–2030 (Units)

Table 236 South America: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 237 South America: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 238 South America: Industrial Boilers Market, By End-use Industry,

2021–2024 (Units)

Table 239 South America: Industrial Boilers Market, By End-use Industry,

2025–2030 (Units)

Table 240 Brazil: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 241 Brazil: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 242 Brazil: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 243 Brazil: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 244 Argentina: Industrial Boilers Market, By Function Type,

2021–2024 (Usd Million)

Table 245 Argentina: Industrial Boilers Market, By Function Type,

2025–2030 (Usd Million)

Table 246 Argentina: Industrial Boilers Market, By End-use Industry,

2021–2024 (Usd Million)

Table 247 Argentina: Industrial Boilers Market, By End-use Industry,

2025–2030 (Usd Million)

Table 248 Rest Of South America: Industrial Boilers Market, By Function Type, 2021–2024 (Usd Million)

Table 249 Rest Of South America: Industrial Boilers Market, By Function Type, 2025–2030 (Usd Million)

Table 250 Rest Of South America: Industrial Boilers Market, By End-use Industry, 2021–2024 (Usd Million)

Table 251 Rest Of South America: Industrial Boilers Market, By End-use Industry, 2025–2030 (Usd Million)

Table 252 Industrial Boilers Market: Degree Of Competition

Table 253 Industrial Boilers Market: Revenue Analysis

Table 254 Market Evaluation Matrix

Table 255 Product Launches, 2018–2025

Table 256 Deals, 2018—2025

Table 257 Other Developments, 2018–2025

Table 258 Babcock & Wilcox Enterprises, Inc.: Company Overview

Table 259 Babcock & Wilcox Enterprises, Inc.: Deals

Table 260 Siemens: Company Overview

Table 261 Siemens: Product Offerings

Table 262 Siemens: Deals

Table 263 Wood: Company Overview

Table 264 Wood: Product Offerings

Table 265 Wood: Deals

Table 266 Wood: Expansions

Table 267 Dongfang Electric Corporation Limited (Dec Ltd.): Company Overview

Table 268 Dongfang Electric Corporation Limited (Dec Ltd.): Product Offerings

Table 269 Dongfang Electric Corporation Limited (Dec Ltd.): Deals

Table 270 Robert Bosch Gmbh: Company Overview

Table 271 Robert Bosch Gmbh: Products Offered

Table 272 Robert Bosch Gmbh: Product Launches

Table 273 Mitsubishi Heavy Industries Ltd.: Company Overview

Table 274 Mitsubishi Heavy Industries Ltd.: Product Offerings

Table 275 Mitsubishi Heavy Industries Ltd.:product Launches

Table 276 Mitsubishi Heavy Industries Ltd.: Deals

Table 277 Thermax Limited: Company Overview

Table 278 Thermax Limited: Product Offerings

Table 279 Thermax Limited: Deals

Table 280 Sofinter S.P.A: Company Overview

Table 281 Sofinter S.P.A: Product Offerings

Table 282 Bharat Heavy Electricals Limited (Bhel): Company Overview

Table 283 Bharat Heavy Electricals Limited (Bhel): Product Offerings

Table 284 Bharat Heavy Electricals Limited (Bhel): Deals

Table 285 Cleaver-brooks, Inc.: Company Overview

Table 286 Cleaver-brooks, Inc.: Products Offered

Table 287 Cleaver-brooks, Inc.: Product Launches

Table 288 Cleaver-brooks, Inc.: Deals

Table 289 Byworth Boilers Ltd.: Company Overview

Table 290 Byworth Boilers Ltd.: Products Offered

Table 291 Andritz Ag: Company Overview

Table 292 Andritz Ag: Product Offerings

Table 294 Andritz Ag: Expansions

Table 295 Harbin Electric Company Limited: Company Overview

Table 296 Harbin Electric Company Limited: Product Offerings

Table 297 Alfa Laval Ab: Company Overview

Table 298 Alfa Laval Ab: Product Offerings

Table 299 Alfa Laval Ab: Product Launches

Table 300 Ihi Corporation: Company Overview

Table 301 Ihi Corporation: Product Offerings

Table 303 Ihi Corporation: Other Developments

Figures List

Figure 1 Industrial Boilers: Market Segmentation

Figure 2 Industrial Boilers Market: Research Design

Figure 3 Market Size Estimation Approach

Figure 4 Bottom-up Approach

Figure 5 Top-down Approach

Figure 6 Industrial Boilers Market: Data Triangulation

Figure 7 Industrial Boilers Market: Factor Analysis

Figure 8 Natural Gas Segment To Account For Largest Share Of Industrial Boilers Market During Forecast Period

Figure 9 Fire-tube Segment To Account For Largest Share Of Industrial

Boilers Market During Forecast Period

Figure 10 Steam Boilers Segment To Dominate Market During Forecast Period

Figure 11 10–150 Bhp Segment To Lead Overall Market During Forecast Period

Figure 12 Chemicals & Petrochemicals To Be Largest End User Of Industrial Boilers During Forecast Period

Figure 13 Asia Pacific To Account For Largest Market Share

Figure 14 Asia Pacific To Register Highest Growth During Forecast Period

Figure 15 Steam Boilers To Register Higher Cagr During Forecast Period

Figure 16 Fire-tube Boilers To Account For Largest Share During

Forecast Period

Figure 17 Natural Gas To Account For Largest Share During Forecast Period

Figure 18 Above 600 Bhp To Be Fastest-growing Segment During Forecast Period

Figure 19 Power Generation To Register Highest Cagr During Forecast Period

Figure 20 China Accounted For Largest Market Share In 2024

Figure 21 Drivers, Restraints, Opportunities, And Challenges

In Industrial Boilers Market

Figure 22 Total Number Of Patents

Figure 23 Total Number Of Patents In Last 10 Years

Figure 24 Patent Analysis, By Legal Status

Figure 25 Top Jurisdictions For Industrial Boiler Patents

Figure 26 Top 10 Companies/Applicants With The Highest Number Of Patents

Figure 27 Industrial Boilers Market: Ecosystem Mapping

Figure 28 Value Chain Analysis

Figure 29 Industrial Boiler Prices In Different Regions, 2024–2030

Figure 30 Industrial Boilers Market: Porter’s Five Forces Analysis

Figure 31 Trends And Disruptions Impacting Customers’ Businesses

Figure 32 Natural Gas Segment To Account For Largest Share During

Forecast Period

Figure 33 Fire-tube Boilers Segment Projected To Dominate Market

During Forecast Period

Figure 34 Steam Boilers To Dominate Market During Forecast Period

Figure 35 10–150 Bhp Segment Projected To Dominate During Forecast Period

Figure 36 Chemicals & Petrochemicals Segment Projected To Account

For Largest Share During Forecast Period

Figure 37 Industrial Boilers Market In India To Register Highest Cagr

During Forecast Period

Figure 38 Asia Pacific: Industrial Boilers Market Snapshot

Figure 39 Europe: Industrial Boilers Market Snapshot

Figure 40 Companies Adopted Acquisitions And Expansions As Key Growth Strategies Between 2018 And 2025

Figure 41 Ranking Of Top Five Players In Industrial Boilers Market, 2023

Figure 42 Industrial Boilers Market Share, By Company, 2023

Figure 43 Industrial Boilers Market: Company Evaluation Matrix

(Key Players), 2023

Figure 44 Industrial Boilers Market: Company Evaluation Matrix

(Start-ups & Smes), 2023

Figure 45 Strength Of Product Portfolio

Figure 46 Business Strategy Excellence

Figure 47 Babcock & Wilcox Enterprises, Inc.: Company Snapshot

Figure 48 Siemens: Company Snapshot

Figure 49 Wood: Company Snapshot

Figure 50 Robert Bosch Gmbh: Company Snapshot

Figure 51 Thermax Limited: Company Snapshot

Figure 52 Bharat Heavy Electricals Limited (Bhel): Company Snapshot

Figure 53 Andritz Ag: Company Snapshot

Figure 54 Alfa Laval Ab: Company Snapshot

Figure 55 Ihi Corporation: Company Snapshot