KD Market Insights (KDMI) recently published market research report on the Global Power Plant Boiler market, this market research report provides detailed analysis of market drivers, challenges, opportunity analysis, and trends, along with various key insights into the market research report. The report on global Power Plant Boiler market demonstrates the important aspects that are anticipated to shape the growth of the market over the forecast period. The study also includes the analysis of the market size & forecast for the different segments and geographies.
The global Power Plant Boiler market is anticipated to reach at a notable value by the end of 2025. The market is envisioned to grow at a considerable CAGR over the forecast period i.e. 2020-2025. In the past years, the market has grown at a significant rate and is projected to showcase a lucrative growth in the upcoming years.
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Power station boilers are used for high-pressure steam production by different combustibles like coal, natural gas, petroleum and biomass, in order to generate electricity. The fastest-growing energy demand source is electricity. According to the IEA, the global demand for electricity in the Stated Policies scenario is projected to increase to 4.1% annually by 2020, twice as high as the primary energy demand. This increases the share of electricity from 20% in 2019 to 28% in 2020 in total energy consumption. Huge amounts of energy continue to be consumed by developed countries, thus increasing demand in developing countries. Increased revenues, increased industrial output, and growing services are boosting demand for electricity.
The study for global Power Plant Boiler market covers the key market growth indicators such as value and supply chain analysis, year-on-year (Y-o-Y) growth and compounded annual growth rate (CAGR), in the KDMI’s research report along with macroeconomic indicators & forecast factors. Also, the analysis of Porter’s Five Forces demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global Power Plant Boiler market.
Impact of Coronavirus Disease (COVID-19) on Global Power Plant Boiler Market
The coronavirus or COVID-19 (formerly 2019-nCoV) broke out in December 2019, which has been imposed as a medical emergency worldwide. More than 213 countries and territories have reported cases of coronavirus to date. On 11th March 2020, the World Health Organization (WHO) declared the COVID-19 a pandemic officially. The study explains the impact of coronavirus disease (COVID-19) on global Power Plant Boiler market, covering the following points:
- Impact analysis of COVID-19 on the global Power Plant Boiler market in the upcoming years.
- Detailed research regarding each region & countries will be listed, to identify the issues caused by the coronavirus disease on the market.
- Strategies adopted by the major & prominent market players in order to survive in the situation of COVID-19 lockdown.
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Key Insights Covered in the Global Power Plant Boiler Market Report
Analysis of market including the market forecast, Y-o-Y growth and structure of the industry.
Leading market growth factors, market trends and upcoming opportunities driving the growth of the market.
Identifying the barriers & threats hindering the market growth.
Detailed analysis of major & prominent players in the market & also covering a comprehensive analysis of the company’s business and performance.
Various market activities covering the market research report including product launch, innovation, acquisition, expansion, technological advancement, research & development & other market activities.
Segment Outlook
The global Power Plant Boiler market is segmented (By Type, By Technology, By Fuel Type and By Input Capacity). This market research report offers comprehensive data and information about the global Power Plant Boiler market dynamics & growth parameters related to these categories. Further, the market is sub-segmented as follows:
By Type
Pulverized Fuel Boiler
Circulation Fluidized Bed Boiler
Others
By Technology
Subcritical
Supercritical
Ultra-Supercritical
By Fuel Type
Coal
Oil
Gas
Other
By Input Capacity
< 10 MMBtu/Hr
10-50 MMBtu/Hr
50-100 MMBtu/Hr
100-250 MMBtu/Hr
250 MMBtu/Hr
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Regional Prospect
In terms of geography, the market for Power Plant Boiler is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition to this, further classification of market data and analysis of region into countries is covered in the report. Further, the geographies are fragmented into the regional & country groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The market research report on the global Power Plant Boiler market also provides the detailed strategic analysis of the company’s business and performance including the financial information, revenue breakup by segment and by geography, SWOT Analysis, key factors, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news and other market activities. The market research report also provides company’s positioning and market share of the major & niche key market players in global Power Plant Boiler market. In addition to this, the report also profiles various major & niche key market players in the global Power Plant Boiler market including:
Dongfang Electric Corporation Ltd.
IHI Corporation
Doosan Heavy Industries & Construction
Siemens AG
Thermax Ltd.
GE Power
Babcock & Wilcox Enterprises Inc.
Bharat Heavy Electricals Ltd.
Harbin Electric Corporation Co. Ltd.
Mitsubishi Hitachi Power Systems Ltd.
Other Major & Niche Players
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