North America industrial boilers market is projected to register a CAGR of 5.4% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
North America Industrial Boilers Market, By Tubing Methods (Carrier Fire Tube Boilers, Water Tube Boilers), Steam Pressure (High Pressure Boilers, Medium Pressure Boilers, Low Pressure Boilers), Steam Usage (Process Boilers, Utility Boilers, Marine Boilers), Furnace Position (Externally Fired Boilers, Internally Fired Boilers), Shell Axis (Horizontal Boilers, Vertical Boilers), Tubes in Boilers (Multi-Tube Boilers, Single Boilers), Water and Steam Circulation in Boilers (Forced Circulation Boilers, Natural Circulation Boilers), Fuel Type (Coal-Fired Boilers, Oil Fired Boilers, Gas Fired Boilers, Biomass Boilers, Others), Product Type (Condensing Hot Water Boiler, Integrated Condensing Hot Water Boiler, Integrated Condensing Steam Boiler, Split Condensing Steam Boiler, Electric Heated Steam Boiler, Electric Hot Water Boilers, Others), Boiler Horsepower (10-150 BHP, 151 -300 BHP, 301 - 600 BHP), Industry (Food Industry, Breweries, Laundries and Cleaning Firm, Construction, Pharmaceutical, Automotive, Pulp and Paper, Hospitals, Agriculture, Packaging, Others), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the North America industrial boilers market are:
- Increasing focus towards industry digitalization and IoT technology is driving the industrial boilers market growth
- Emerging need for the advanced low emission based solution is augmenting the industrial boilers market growth
Market Players
Some of the major players operating in the North America industrial boilers market are:
- Babcock & Wilcox Enterprises, Inc.
- John Wood Group PLC
- Bharat Heavy Electricals Limited
- IHI Corporation
- Mitsubishi Hitachi Power Systems, Ltd.
- Thermax Limited
- ANDRITZ
- Siemens
- ALFA LAVAL
- GENERAL ELECTRIC (a Power Business Division of General Electric)
- Hurst Boiler & Welding Co, Inc.
- Bryan Steam
- Superior Boiler Works, Inc.
- Vapor Power
- Sofinter S.p.a
- Cleaver-Brooks, Inc
- ZOZEN boiler Co., Ltd.
