Boiler System Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
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Boiler System Market 2018 Boiler System Market – 2018 : Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
Boiler is a pressure vessel that is used to create and supply steam required for various processes within industries. Industrial Boilers are extensively used across industries such as metal, food & beverage and chemical. The recent trends in the industrial
boiler market suggest increasing demand for higher efficiency and effectively. The growth of Global boiler system is due to factors such as significant growth in the food processing sector and growing demand for clean energy sources. However, high maintenance cost is the major restraint that could hinder the market growth.
The Global boiler system market was valued at USD 1,900.4 million in 2014, and is expected to reach USD 3,573.6 million by 2022.
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Boiler System Market 2018 Market Segmentation
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Boiler System Market 2018
Report Analysis Europe and Asia-Pacific are expected to witness significant growth during the forecast period mainly due to the presence of established manufacturing industries which support the growth of the boiler system market. Rising rate of industrialization and increasing demand for energy in the Asia-pacific region are also expected to boost the sales in the global boiler system market.
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Boiler System Market 2018
KEY PLAYER •
Danstoker Boilers (Denmark)
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Bosch Industriekessel (Germany)
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Babcock & Wilcox Enterprises, Inc. (U.S.)
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AC Boilers S.p.A (Italy)
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Mitsubishi Hitachi Power Systems, Ltd. (Japan)
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ATTSU Termica (Spain)
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Rentech Boilers
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