The Utility Boiler Market report published by Stratview Research offers wide-ranging analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape, etc. This detailed study is a useful source of information for prominent market players, new entrants, investors, and stakeholders to gain a thorough understanding of the market and determine measures to be taken to gain a competitive advantage.
To get a free sample report, Click here: https://www.stratviewresearch.com/Request-Sample/2771/utility-boiler-market.html#form
The research offers segment wise analysis of the Utility Boiler market. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables, graphs, pie charts and more.
Utility Boiler market by Technology Type
Based on the technology type, the market is segmented as subcritical, supercritical, and ultra-supercritical. Among these technology types, supercritical boilers are likely to remain the largest segment of the utility boiler market over the forecast period, owing to their capability to generate extra power at a reasonable cost, paired with the ever-growing demand for electricity across emerging economies. On the other hand, ultra-supercritical boilers are anticipated to witness significant growth as a result of government measures aimed at reducing GHG emissions.
Utility Boiler market by Capacity Type
Based on the capacity type, the market is segmented as 30-100 MW, 100-250 MW, 250-500 MW, and 500 MW. The 30-100 MW utility boiler market is likely to maintain its dominance in the foreseen future. Ongoing investments in the industrial sector coupled with increasing thermal power generation capacity in key economies is expected to push the demand for these products. The 500 MW utility boiler market, on the other hand, is estimated to record significant growth during the forecast period.
Regional Insights
In terms of regions, Asia-Pacific is expected to remain the largest market for utility boilers over the forecast period. The rising electricity demand, easy accessibility of coal, rapid industrialization, and increasing population are some of the factors that are driving the demand for utility boilers in the region. Also, Europe is anticipated to witness the fastest growth during 2022-2027, owing to the growing efforts toward energy conservation and the adoption of energy-efficient power generating technologies in the region.
Key Players
The following are the key players in the Utility Boiler market-
- Babcock and Wilcox Enterprises, Inc.
- IHI Corporation
- The CMI Group
- Doosan Heavy Industries Construction Co., Ltd.
- Mitsubishi Hitachi Power Systems
Custom Research:
Stratview research delivers custom research services across the sectors. In case of any custom research requirements, please send your inquiry to [email protected]. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
