Boiler Market - Top Companies and Manufacturers

  • Report ID: 6128
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Companies Dominating the Boiler Landscape

    The global boiler market is fueled by competition between leading companies that compete with each other to bring the best and most effective boiler solutions for different requirements. Some companies specialize in a specific type of boiler production or service, whereas others have more diversified boiler types to offer.

    • Alfa Laval AB
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Babcock and Wilcox Enterprises Inc
    • Bosch Industriekessel GmbH
    • Cleaver-Brookes, Inc.
    • Harbin Electric Corporation
    • Hurst Boiler and Welding Inc.
    • IHI Corporation
    • Siemens Energy AG
    • WorleyParsons

Browse Key Market Insights with Data Illustration:

In the News

  • Alfa Laval - Alfa Laval is pushing the marine world forward with its new tech. The company now offers methanol-ready Aalborg boiler systems, expanding its eco-friendly fuel solutions. This move marks a big step in the marine field as it's the first time a ship has used a methanol boiler. The Aalborg boiler systems are designed with a sharp focus on cutting down carbon emissions and moving towards cleaner fuel options. Besides working with fuels like low-sulphur options, biofuels, and LNG, they are made to work well with methanol and other low-emission fuels. Alfa Laval's smart "ready boiler" idea sets up a solid base for the future, making it easy to update the burner and boiler pressure part when needed.
  • Babcock and Wilcox Enterprises Inc. - Babcock & Wilcox (B&W) (NYSE: BW) has made an announcement that its branch, Babcock & Wilcox Renewable Service A/S (B&W Renewable Service), has secured a deal worth over USD 7 million. This contract is for making three different types of boilers that burn trash and their burning gear at a power plant that turns waste into energy in Southeast Asia.
    This deal comes right after the Front-End Engineering Design (FEED) study done by B&W Renewable Service in 2023. The scope of the project includes the provision of new pressure parts, water-cooled wear zones, water soot cleaning equipment, a secondary air system, and associated equipment to boost the plant's steam production capacity and efficiency, while simultaneously reducing emissions. These upgrades aim to make more steam, make the plant work better, and cut down on air pollution. B&W Renewable Service will also help the customer during the building and start-up parts of the project.

Author Credits:  Dhruv Bhatia


  • Report ID: 6128
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of boiler is estimated at USD 19.34 billion.

The boiler market size was over USD 18.44 billion in 2024 and is anticipated to cross USD 39.82 billion by 2037, growing at more than 6.1% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by rapid growth of industries and factories like chemical, automotive, recycling, etc., which require vast amounts of energy that boilers can provide.

North America industry is poised to hold largest revenue share of 35% by 2037, accelerated by rapid demand for space heating in the region.

The major players in the market are Alfa Laval AB, Babcock and Wilcox Enterprises Inc., Bosch Industriekessel GmbH, Cleaver-Brookes, Inc., Harbin Electric Corporation, Hurst Boiler and Welding Inc. and others.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample