Global Industrial and Power Boiler Markets Projected at 765,000 Tons Of Steam Per Hour by 2015, According to New Report by Global Industry Analysts

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Driven by growing industrial applications and increasing demand for hydroelectric power, global industrial and power boiler markets are projected at 765 thousand tons of steam per hour and 176 thousand mega watts by the year 2015, respectively.

Boilers: A Global Strategic Business Report

Demand for boilers is significantly affected by dynamics in the hydroelectric power generation marketplace. In future, demand for hydroelectric power is most likely to emerge from developing regions such as China, Asia Pacific (particularly South East Asia), Latin America and Eastern/Central Europe. Expenditure on electricity infrastructure is particularly high in these regions driven by growing prosperity, population and the need to expand essential infrastructure. Demand for hydroelectric power is likely to be moderate in Europe and North America. The market is witnessing increased demand for circulating fluidized bed (CFB) boilers since the technology burns coal with very low emissions. Key factors impacting the market include fuel price differential, forward pricing for power, and new environmental legislation and regulations.

Asia-Pacific is the largest and the fastest growing regional market in the global power boilers market, as stated by Global Industry Analysts, Inc. The region with an estimated share of 49%, represents the largest market for power boilers worldwide. Global annual capacity additions in the power boilers market are projected to cross 176,000 mega watts by 2015. World market for industrial boilers, in terms of annual capacity additions, is projected to grow to 765,000 Tons of Steam Per Hour (TSPH) by 2015.

Competition among prominent manufacturers of industrial equipment has increased due to growth in the global energy market. Key players dominating the global boilers market include Aalborg Industries A/S, ALSTOM, Austrian Energy and Environment, Bharat Heavy Electricals Ltd, Doosan Heavy Industries & Construction Co Ltd, Foster Wheeler, Harbin Power Equipment Company, Hitachi Ltd/Babcock-Hitachi K.K, McDermott International/Babcock & Wilcox, Metso Power, Mitsubishi Heavy Industries, Miura Co, Takuma Co, Thermax and Wellman Robey.

The report titled "Boilers: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a review of trends and issues, end-use industries, product overview, regulatory issues, product/service launches, player profiles and recent industry activity. The study analyzes market data for industrial boilers in tons of steam per hour for regions such as United States, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America by the following end-use segments - Oil & Gas, Chemical, Food & Beverages, Building & Construction, and Others. The report also analyzes market data for power/utility boilers in mega watts for the period 2000 through 2015.

For more details about this research report, please visit

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
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