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Europe Advanced Boilers Market Worth $633179 Million by 2019 - New Report by MicroMarket Monitor
  • USA - English


News provided by

MicroMarket Monitor

Jul 08, 2014, 11:40 ET

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MicroMarket Monitor
MicroMarket Monitor

Europe had a share of around 24% in the global advanced boilers market in 2013.

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(PRWEB) July 08, 2014 -- Advanced boilers are one of the most important equipment required to run a thermal power plant to generate electricity. In developing countries, there is a growing need for electricity production due to industrialization, urban development, and changing lifestyles. This growing demand for electricity has led to the installation of new fossil fuel based thermal power plants in the Asia-Pacific region, especially in fast growing economies like China and India. Some countries in Europe like Germany and Poland are depending on coal to meet their electricity demand even in the future. Some countries in Africa and the Middle East are also heavy coal-dependent for their power generation.

Europe is expected to grow at a moderate rate of 5% and reach $631.0 billion by 2019, from an estimated $483.7 billion in 2014. Europe’s advanced boilers market is matured, as this technology was used in this region from many years. However, there is a potential market for the replacement of boiler parts and services. Countries like Poland and Germany are heavily dependent on coal-fired power plants for its growing energy needs. Thus, in these countries, the advanced boiler market will be in demand for coming years.

Browse through the market data tables, figures and detailed ToC on the “Europe Advanced Boilers Market.”

http://www.micromarketmonitor.com/market/europe-advanced-boilers-9555491154.html

Related Reports

Middle Eastern & African Advanced Boilers Market
The Middle Eastern & African advanced boiler markets are growing rapidly due to the presence of developing countries. These countries need fossil fuel based power plants to meet their increasing power demands and strict government regulations on emission control norms. Advanced boilers serve purpose of both generating high capacity power with the least amount of fuel used, and reducing harmful pollutants like SOx and NOx gases. The Middle East and Africa had a share of around 10% in the global advanced boilers market in 2013. The Middle East and Africa is expected to grow at a rate of 10% and reach $318.4 billion by 2019, from an estimated $201.1 billion in 2014.

http://www.micromarketmonitor.com/market/middle-east-and-africa-advanced-boilers-6589911157.html

Asia-Pacific Advanced Boilers Market
The industrial expansion in the Asia-Pacific region is a key driver in the advanced boilers market. In 2013, Asia-Pacific dominated the global advanced boilers market with about 38% of the market share, mainly due to the large power generation market of China and India. The Asia-Pacific is expected to grow at a highest rate of 10% and reach $1,282.4 billion by 2019, from an estimated $814.4 billion in 2014.

http://www.micromarketmonitor.com/market/asia-pacific-advanced-boilers-4528088961.html

About MicroMarket Monitor

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact:
Mr. Chandrasekhar K.
5601 Bridge Street
Suite 300
Fort Worth
TX 76112
Tel: +1-888-502-0539
Email: sales(at)micromarketmonitor(dot)com
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.

Mr. Chandrasekhar K., MicroMarket Monitor, http://www.micromarketmonitor.com/, +91 9881155004, [email protected]

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