What is Power Station Boiler?
A power station boiler is a machine that produces vapor by applying heat energy to water. A boiler is used in industries which is essential steam for numerous operations. The form and size of these boilers to be connected depend on their purpose or application. Boilers for use in industrial fitting and power stations are generally larger and are attached to point-of-use piping. To generate electricity from plant the boilers are used in power plants in order to produce high pressured steam
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | GE Alstom (United States), Babcock & Wilcox (United States), AMEC Foster Wheeler (United Kingdom), Mitsubishi Hitachi Power Sytems (Japan), IHI Corporation (Japan), Harbin Electric (China), Bharat Heavy Electricals (India), Ansaldo (Italy), Siemens (Germany) and Thermax (India) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Coal Based, Oil Based and Gas Based) , by application (Power Generation, Heating and Other) and major geographies. Research Analyst at AMA predicts that Chinese Manufacturers will contribute to the maximum growth of Global Power Station Boiler market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Power Station Boiler market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are GE Alstom (United States), Babcock & Wilcox (United States), AMEC Foster Wheeler (United Kingdom), Mitsubishi Hitachi Power Sytems (Japan), IHI Corporation (Japan), Harbin Electric (China), Bharat Heavy Electricals (India), Ansaldo (Italy), Siemens (Germany) and Thermax (India).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Influencing Trend:
Growing Investing In the Construction of New Power Plants by Government
Market Growth Drivers:
Increasing Number of Power Capacity Expansion Projects and Rapid Urbanization and Industrialization
Challenges:
High Investment Cost Required for Power Station Boiler
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Increasing Concerns towards Reducing the Carbon Footprints and Increasing Demand for Uninterrupted Power from Developing Countries
Key highlights of the Global Power Station Boiler market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Power Station Boiler market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Power Station Boiler market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Power Station Boiler Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Power Station Boiler market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Power Station Boiler market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Power Station Boiler, Utility Service Provider, Distributer and Supplier of Power, Consulting Firms, Research Organization and Governmental Bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.