Steam Boiler System Market by Component, Fuel, End-user, and Region- Global Forecast to 2023

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Steam Boiler System Market by Component, Fuel,
End-user, and Region- Global Forecast to 2023
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Water-tube boiler is expected to be the fastest
growing market for steam boiler system, by type,
during the forecast period. Water-tube boiler
segment led the steam boiler system market in
2017. Water-tube boilers are more efficient than
fire-tube boilers. Water tube boilers have larger
boiler capacities, higher pressure levels, and
the ability to provide high steam temperatures of
up to 650 C. Such boilers are mostly used in
power generation utilities. The rise in the
consumption of electricity and increasing energy
prices is likely to drive the steam boiler system
market during the forecast period. PDF
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Biomass-fired steam boiler, by fuel, is expected
to grow at the highest CAGR during the forecast
period. The biomass-fired steam boiler segment
is projected to grow at the highest CAGR from
2018 to 2023. The primary source of fuel for such
kind of biomass-fired steam boilers includes
crops and wastes such as rice husk, wood,
sawdust, forest and mill residue, fast-growing
trees and plants, and industrial waste. Biomass
can be used in two different ways to produce
heat, namely, directly via combustion or
indirectly by converting it into various types of
fuels such as methane gas, ethanol, and
biodiesel. The heat produced by burning biomass
can be used to heat homes, generate electricity,
and power vehicles. Request for Customization
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Browse gtgt 73 market data
tables 33 figures
139 pages and in-depth TOC on
Combined Heat Power Market - Global Forecast
to 2023 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
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answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
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Asia Pacific The leading market for Steam Boiler
System In this report, the steam boiler system
market has been analyzed with respect to 5
regions, namely, the Asia Pacific, North America,
South America, Europe, the Middle East, and
Africa. The Asia Pacific led the global steam
boiler system market in 2017. China is expected
to lead the Asia Pacific steam boiler system
market during the forecast period and is
projected to grow at the highest CAGR from 2018
to 2023. Power plants are one of the major
end-users of steam boiler systems in China.  The
country is one of the largest consumers of
electricity in the world and to meet the growing
demand for power it is investing heavily in
setting up new plants across all provinces to
ensure steady power supply across industries.
According to the EIAs International Energy
Outlook 2017, China is the worlds largest
consumer of coal and consumption of coal in the
power sector is expected to reach 4,800 million
metric tons by 2018. Thus, factors such as
increased investments in the power generation
sector to meet the increasing demand for power is
likely to drive the steam boiler system market
during the forecast period. Request Sample _at_
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• Target Audience
• The target audience of this report includes
• Steam boiler manufacturers
• Central and state utilities and the private
  players involved in power generation
• Distributors and suppliers
• Government and research organizations
• Industry, energy, and environmental associations
• Investment banks
• Manufacturing technology providers
• Manufacturing and processing industries
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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the CHP
  market. These include
• Bosch (Germany)
• GE (US), Alfa Laval (Sweden)
• Thermax (India)
• Cochran (UK)
• Viessmann (Germany)
• Doosan (South Korea)
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