Southeast Asia Steam Boilers Market Research Report Forecast to 2027

Southeast Asia Steam Boilers Market Research Report Forecast to 2027

The Southeast Asia steam boilers market was valued at USD 3,257.22 million in 2020 and is expected to register a CAGR of 6.12% to reach USD 4,906.77 million by the end of 2027.

The key factor driving the growth of the Southeast Asia steam boilers market is rising government investments, new hotel projects, and the growing tourism industry. Furthermore, increased demand for a variety of applications from the food processing industry is boosting the Southeast Asia market. However, factors such as high installation and maintenance costs are likely to impede the Southeast Asia market. Nonetheless, manufacturers can expect lucrative opportunities soon with the introduction of hybrid compact steam boilers.

Market Segmentation
Southeast Asia steam boilers market has been segmented by type, size, fuel, application, and country. Based on type, the market has been segmented into water tube boiler and fire tube boiler. The fire tube boiler segment accounted for a 65.13% share of the Southeast Asia steam boilers market in 2020 owing to the simple design, low cost and maintenance compared to the water tube boiler, and cost-efficient heating system.

Based on size, the market has been segmented into 1.5T–3T, 3T–5T, 5T–10T, and 10T–15T. The 5T–10T segment accounted for the largest share of 35.88% in the Southeast Asia steam boilers market, owing to its high efficiency and durability.

Based on fuel, the market has been segmented into gas-fired steam boilers and oil-fired steam boilers. The gas-fired steam boiler segment accounted for the larger share of 59.69% in the Southeast Asia steam boilers market, owing to the high efficiency and cost-efficiency. Based on application, the market has been segmented into commercial, residential, and industrial. Further, the commercial segment is divided into hotels, hospitals, and others.

Regional Analysis
By country, the Southeast Asia steam boilers market has been divided into Indonesia, Malaysia, Singapore, Thailand, Vietnam, and the Rest of Southeast Asia. The Singapore market dominated the Southeast Asia steam boilers market with a share of 22.25% by value in 2020 and is expected to register the highest CAGR of 5.63% during the forecast period. The market growth in Singapore is driven by various factors, including the increase in the hospitality industry, the rising tourism industry, and the increase in government investments to expand hotel supply.

Major Players
Thermax Group, PT Aalborg Industri Indonesia, Vietnam boiler JS company, Taishan Group, Doosan Heavy industry & Construction, Henan Yuanda Boiler Corporation Ltd, and Wuxi Zozen Boilers Co., Ltd.

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Companies Mentioned
Thermax Group
PT Aalborg Industri Indonesia
Vietnam boiler JS company
Taishan Group
Doosan Heavy industry & Construction
Henan Yuanda Boiler Corporation Ltd
and Wuxi Zozen Boilers Co. Ltd

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1 Executive Summary
1.1.1 Southeast Asia Steam Boilers Market, By Type
1.1.2 Southeast Asia Steam Boilers Market, By Size
1.1.3 Southeast Asia Steam Boilers Market, By Fuel
1.1.4 Southeast Asia Steam Boilers Market, By Application
1.1.5 Southeast Asia Steam Boilers Market, By Country
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Demand From The Hospitality Industry
4.2.2 Demand From The Food Processing Industry
4.2.3 Drivers Impact Analysis
4.3 Restraints
4.3.1 High Installation And Maintenance Cost
4.3.2 Restraints Impact Analysis
4.4 Opportunities
4.4.1 Rising Demand For Compact Steam Boilers
4.5 Impact Analysis Of Covid-19
4.5.1 Impact On Overall Energy & Power Industry
4.5.1.1 Economic Impact
4.5.2 Impact On Steam Boilers Market
4.5.3 Impact On Supply Chain Of Steam Boilers Market
4.5.3.1 Price Variation Of Key Raw Materials
4.5.3.2 Production Shutdown
4.5.3.3 Cash Flow Constraints
4.5.3.4 Impact World Trade
4.5.4 Impact On Pricing Of Steam Boilers
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Raw Materials
5.1.2 Steam Boilers Manufacturers
5.1.3 Sales & Distribution
5.1.4 End-users
5.1.5 After-sales Services
5.2 Porter’s Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Competitive Rivalry
6 Southeast Asia Steam Boiler Market, By Type
6.1 Introduction
6.1.1 Water Tube Boiler
6.1.2 Fire Tube Boiler
7 Southeast Asia Steam Boiler Market, By Size
7.1 Introduction
7.1.1 1.5t–3t
7.1.2 3t–5t
7.1.3 5t–10t
7.1.4 10t–15t
8 Southeast Asia Steam Boiler Market, By Fuel
8.1 Introduction
8.2 Gas-fired Steam Boiler
8.3 Oil-fired Steam Boiler
9 Southeast Asia Steam Boiler Market, By Application
9.1 Introduction
9.2 Commercial
9.3 Residential
9.4 Industrial
10 Southeast Asia Steam Boiler Market, By Country
10.1 Introduction
10.2 Indonesia
10.3 Malaysia
10.4 Singapore
10.5 Thailand
10.6 Vietnam
10.7 Rest Of Southeast Asia
11 Competitive Landscape
11.1 Introduction
11.2 Market Strategy Analysis
11.3 Key Developments & Growth Strategies
11.4 Competitive Benchmarking
11.5 Production Capacity, 2021
12 Company Profiles
12.1 Getabec Public Company Limited
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products Offered
12.1.4 Key Developments
12.1.5 Swot Analysis
12.1.6 Key Strategies
12.2 Bosch Industriekessel
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products/Solutions/Services Offered
12.2.4 Key Developments
12.2.5 Swot Analysis
12.2.6 Key Strategies
12.3 Thai Steam Service & Supply Co. Ltd
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products Offered
12.3.4 Key Developments
12.3.5 Swot Analysis
12.3.6 Key Strategies
12.4 Thaiburner
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offered
12.4.4 Key Developments
12.4.5 Swot Analysis
12.4.6 Key Strategies
12.5 Miura Industries (Thailand) Co., Ltd.
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offered
12.5.4 Key Developments
12.5.5 Swot Analysis
12.5.6 Key Strategies
12.6 Henan Yuanda Boiler Corporation Ltd
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offered
12.6.4 Key Developments
12.6.5 Swot Analysis
12.6.6 Key Strategies
12.7 Wuxi Zozen Boilers Co., Ltd.
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products Offered
12.7.4 Key Development
12.7.5 Swot Analysis
12.7.6 Key Strategies
12.8 Thermax Group
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products Offered
12.8.4 Key Development
12.8.5 Swot Analysis
12.8.6 Key Strategies
12.9 Pt Aalborg Industri Indonesia
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products Offered
12.9.4 Key Developments
12.9.5 Swot Analysis
12.9.6 Key Strategies
12.10 Vietnam Boiler Js Company
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products Offered
12.10.4 Key Development
12.10.5 Swot Analysis
12.10.6 Key Strategies
12.11 Zg Boiler
12.11.1 Company Overview
12.11.2 Financial Overview
12.11.3 Products Offered
12.11.4 Key Developments
12.11.5 Swot Analysis
12.11.6 Key Strategies
12.12 Fangkuai Boiler Co. Ltd
12.12.1 Company Overview
12.12.2 Products Offered
12.12.3 Key Developments
12.12.4 Swot Analysis
12.12.5 Key Strategies
12.13 Pt Grand Kartech Tbk
12.13.1 Company Overview
12.13.2 Financial Overview
12.13.3 Products Offered
12.13.4 Key Developments:
12.13.5 Swot Analysis
12.13.6 Key Strategies:
12.14 Pt Basuki Pratama Engineering
12.14.1 Company Overview
12.14.2 Financial Overview
12.14.3 Products Offered
12.14.4 Key Developments
12.14.5 Swot Analysis
12.14.6 Key Strategies
12.15 Pt Atmindo Tbk
12.15.1 Company Overview
12.15.2 Financial Overview
12.15.3 Products Offered
12.15.4 Key Developments
12.15.5 Key Strategies
12.16 Maxitherm Boilers
12.16.1 Company Overview
12.16.2 Financial Overview
12.16.3 Products Offered
12.16.4 Key Developments
12.16.5 Key Strategies
12.17 Taishan Group
12.17.1 Company Overview
12.17.2 Financial Overview
12.17.3 Products Offered
12.17.4 Key Developments
12.17.5 Swot Analysis
12.17.6 Key Strategies
12.18 Devotion Machinery
12.18.1 Company Overview
12.18.2 Financial Overview
12.18.3 Products Offered
12.18.4 Key Developments
12.18.5 Swot Analysis
12.18.6 Key Strategies
12.19 Doosan Heavy Industry & Construction
12.19.1 Company Overview
12.19.2 Financial Overview
12.19.3 Products Offered
12.19.4 Key Developments
12.19.5 Swot Analysis
12.19.6 Key Strategies
12.20 Thermodyne Engineering System
12.20.1 Company Overview
12.20.2 Financial Overview
12.20.3 Products Offered
12.20.4 Key Developments
12.20.5 Swot Analysis
12.20.6 Key Strategies
12.21 Forbes Marshal
12.21.1 Company Overview
12.21.2 Financial Overview
12.21.3 Products Offered
12.21.4 Key Developments
12.21.5 Swot Analysis
12.21.6 Key Strategies
13 Appendix
13.1 References
13.2 Related Reports
List Of Tables
Table 1 List Of Assumptions
Table 2 Southeast Asia Steam Boiler Market, By Type, 2018–2027 (Usd Million)
Table 3 Southeast Asia Steam Boiler Market, By Size, 2018–2027 (Usd Million)
Table 4 Southeast Asia Steam Boiler Market, Fuel, 2018–2027 (Usd Million)
Table 5 Southeast Asia Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 6 Southeast Asia Steam Boiler Market, By Commercial Application, 2018–2027 (Usd Million)
Table 7 Southeast Asia Steam Boiler Market, By Installation, 2018–2027 (Usd Million)
Table 8 Indonesia Steam Boiler Market, By Type, 2018–2027 (Usd Million)
Table 9 Indonesia Steam Boiler Market, By Size, 2018–2027 (Usd Million)
Table 10 Indonesia Steam Boiler Market, By Fuel, 2018–2027 (Usd Million)
Table 11 Indonesia Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 12 Indonesia Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 13 Malaysia Steam Boiler Market, By Type, 2018–2027 (Usd Million)
Table 14 Malaysia Steam Boiler Market, By Size, 2018–2027 (Usd Million)
Table 15 Malaysia Steam Boiler Market, By Fuel, 2018–2027 (Usd Million)
Table 16 Malaysia Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 17 Malaysia Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 18 Singapore Steam Boiler Market, By Type, 2018–2027 (Usd Million)
Table 19 Singapore Steam Boiler Market, By Size, 2018–2027 (Usd Million)
Table 20 Singapore Steam Boiler Market, By Fuel, 2018–2027 (Usd Million)
Table 21 Singapore Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 22 Singapore Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 23 Thailand Steam Boiler Market, By Type, 2018–2027 (Usd Million)
Table 24 Thailand Steam Boiler Market, By Size, 2018–2027 (Usd Million)
Table 25 Thailand Steam Boiler Market, By Fuel, 2018–2027 (Usd Million)
Table 26 Thailand Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 27 Thailand Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 28 Vietnam Steam Boiler Market, By Type, 2018–2027 (Usd Million)
Table 29 Vietnam Steam Boiler Market, By Size, 2018–2027 (Usd Million)
Table 30 Vietnam Steam Boiler Market, By Fuel, 2018–2027 (Usd Million)
Table 31 Vietnam Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 32 Vietnam Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 33 Rest Of Southeast Asia Steam Boiler Market, By Type, 2018–2027 (Usd Million)
Table 34 Rest Of Southeast Asia Steam Boiler Market, By Size, 2018–2027 (Usd Million)
Table 35 Rest Of Southeast Asia Steam Boiler Market, By Fuel, 2018–2027 (Usd Million)
Table 36 Rest Of Southeast Asia Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 37 Rest Of Southeast Asia Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Table 38 Key Developments & Growth Strategies
Table 39 Production Capacity
Table 40 Getabec Public Company Limited: Products Offered
Table 41 Bosch Industriekessel: Products/Solutions/Services Offered
Table 42 Bosch Industriekessel: Key Developments
Table 43 Thai Steam Service & Supply Co. Ltd: Products Offered
Table 44 Thaiburner: Products Offered
Table 45 Miura Industries (Thailand) Co., Ltd.: Products Offered
Table 46 Miura Industries (Thailand) Co., Ltd: Key Developments
Table 47 Henan Yuanda Boiler Corporation Ltd: Products Offered
Table 48 Wuxi Zozen Boilers Co., Ltd.: Products Offered
Table 49 Wuxi Zozen Boilers Co., Ltd.: Key Developments
Table 50 Thermax Group: Products Offered
Table 51 Pt Aalborg Industri Indonesia: Products Offered
Table 52 Vietnam Boiler Js Company: Products Offered
Table 53 Zg Boiler: Products Offered
Table 54 Fangkuai Boiler Co.Ltd: Products Offered
Table 55 Pt. Grand Kartech Tbk: Products Offered
Table 56 Pt Basuki Pratama Engineering: Products Offered
Table 57 Pt Atmindo Tbk: Products Offered
Table 58 Maxitherm Boilers. Products Offered
Table 59 Taishan Group: Products Offered
Table 60 Devotion Machinery: Products Offered
Table 61 Doosan Heavy Industry & Construction: Products Offered
Table 62 Thermodyne Engineering System: Products Offered
Table 63 Forbes Marshal: Products Offered
List Of Figures
Figure 1 Market Synopsis
Figure 2 Southeast Asia Steam Boilers Market Analysis, By Type
Figure 3 Southeast Asia Steam Boilers Market Analysis, By Size
Figure 4 Southeast Asia Steam Boilers Market Analysis, By Fuel
Figure 5 Southeast Asia Steam Boilers Market Analysis, By Application
Figure 6 Southeast Asia Steam Boilers Market Analysis, By Country
Figure 7 Southeast Asia Steam Boilers Market: Structure
Figure 8 Research Process
Figure 9 Top-down & Bottom-up Approaches
Figure 10 Market Dynamics Of Southeast Asia Steam Boiler Market
Figure 11 Drivers Impact Analysis: Southeast Asia Steam Boilers Market
Figure 12 Restraints Impact Analysis: Southeast Asia Steam Boiler Market
Figure 13 Supply Chain: Southeast Asia Steam Boilers Market
Figure 14 Porter's Five Forces Analysis Of The Southeast Asia Steam Boilers Market
Figure 15 Southeast Asia Steam Boiler Market, By Type, 2018–2027 (Usd Million)
Figure 16 Southeast Asia Steam Boiler Market, By Size, 2018–2027 (Usd Million)
Figure 17 Southeast Asia Steam Boiler Market, By Fuel, 2018–2027 (Usd Million)
Figure 18 Southeast Asia Steam Boiler Market, By Application, 2018–2027 (Usd Million)
Figure 19 Southeast Asia Steam Boiler Market, By Country, 2018–2027 (Usd Million)
Figure 20 Market Share Analysis, 2020
Figure 21 Competitive Benchmarking
Figure 22 Getabec Public Company Limited: Financial Overview Snapshot
Figure 23 Getabec Public Company Limited: Swot Analysis
Figure 24 Bosch Industriekessel: Financial Overview Snapshot
Figure 25 Bosch Industriekessel: Swot Analysis
Figure 26 Thai Steam Service & Supply Co. Ltd: Swot Analysis
Figure 27 Thaiburner: Swot Analysis
Figure 28 Financial Overview: Miura Industries (Thailand) Co., Ltd
Figure 29 Miura Industries (Thailand) Co., Ltd.: Swot Analysis
Figure 30 Henan Yuanda Boiler Corporation Ltd: Swot Analysis
Figure 31 Wuxi Zozen Boilers Co., Ltd.: Swot Analysis
Figure 32 Thermax Group: Financial Overview Snapshot
Figure 33 Thermax Group: Swot Analysis
Figure 34 Pt Aalborg Industri Indonesia: Swot Analysis
Figure 35 Vietnam Boiler Js Company: Swot Analysis
Figure 36 Zg Boiler: Swot Analysis
Figure 37 Fangkuai Boiler Co.Ltd: Swot Analysis
Figure 38 Pt. Grand Kartech Tbk: Swot Analysis
Figure 39 Pt Basuki Pratama Engineering: Swot Analysis
Figure 40 Pt Atmindo Tbk: Financial Overview Snapshot
Figure 41 Pt Atmindo Tbk: Swot Analysis
Figure 42 Maxitherm Boilers: Swot Analysis
Figure 43 Taishan Group: Swot Analysis
Figure 44 Devotion Machinery: Swot Analysis
Figure 45 Doosan Heavy Industry & Construction: Financial Overview Snapshot
Figure 46 Doosan Heavy Industry & Construction: Swot Analysis
Figure 47 Thermodyne Engineering System: Swot Analysis
Figure 48 Forbes Marshal: Swot Analysis

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