Power Plant Boilers Market Insights, Global Outlook and Forecast 2022-2028
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Power station boilers, in general terms, are boilers used by power plants to generate electricity.
The latest research study released by Market IntelliX evaluates market size and forecasts of Power Plant Boilers in global, including the following market information:
Global Power Plant Boilers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Power Plant Boilers Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Power Plant Boilers companies in 2021 (%)
The global Power Plant Boilers market was valued at 19620 million in 2021 and is projected to reach US$ 25850 million by 2028, at a CAGR of 4.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Pulverized Fuel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Power Plant Boilers include GE Power, Ansaldo S.P.A, AMEC Foster Wheeler, Bharat Heavy Electricals Ltd, Babcock & Wilcox Enterprises, Inc., Dongfang Electric Corporation Ltd., Doosan Heavy Industries & Construction, Harbin Electric Company and IHI Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Power Plant Boilers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Power Plant Boilers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Plant Boilers Market Segment Percentages, by Type, 2021 (%)
Pulverized Fuel
Circulation Fluidized Bed
Global Power Plant Boilers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Plant Boilers Market Segment Percentages, by Application, 2021 (%)
Coal
Gas
Oil
Global Power Plant Boilers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Plant Boilers Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Power Plant Boilers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Power Plant Boilers revenues share in global market, 2021 (%)
Key companies Power Plant Boilers sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Power Plant Boilers sales share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
GE Power
Ansaldo S.P.A
AMEC Foster Wheeler
Bharat Heavy Electricals Ltd
Babcock & Wilcox Enterprises, Inc.
Dongfang Electric Corporation Ltd.
Doosan Heavy Industries & Construction
Harbin Electric Company
IHI Corporation
Mitsubishi Hitachi Power Sytems Ltd.
Siemens AG
Thermax Ltd.
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Power Plant Boilers Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Power Plant Boilers Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Power Plant Boilers Overall Market Size
2.1 Global Power Plant Boilers Market Size: 2021 VS 2028
2.2 Global Power Plant Boilers Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Power Plant Boilers Sales: 2017-2028
3 Company Landscape
3.1 Top Power Plant Boilers Players in Global Market
3.2 Top Global Power Plant Boilers Companies Ranked by Revenue
3.3 Global Power Plant Boilers Revenue by Companies
3.4 Global Power Plant Boilers Sales by Companies
3.5 Global Power Plant Boilers Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Power Plant Boilers Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Power Plant Boilers Product Type
3.8 Tier 1, Tier 2 and Tier 3 Power Plant Boilers Players in Global Market
3.8.1 List of Global Tier 1 Power Plant Boilers Companies
3.8.2 List of Global Tier 2 and Tier 3 Power Plant Boilers Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Power Plant Boilers Market Size Markets, 2021 & 2028
4.1.2 Pulverized Fuel
4.1.3 Circulation Fluidized Bed
4.2 By Type - Global Power Plant Boilers Revenue & Forecasts
4.2.1 By Type - Global Power Plant Boilers Revenue, 2017-2022
4.2.2 By Type - Global Power Plant Boilers Revenue, 2023-2028
4.2.3 By Type - Global Power Plant Boilers Revenue Market Share, 2017-2028
4.3 By Type - Global Power Plant Boilers Sales & Forecasts
4.3.1 By Type - Global Power Plant Boilers Sales, 2017-2022
4.3.2 By Type - Global Power Plant Boilers Sales, 2023-2028
4.3.3 By Type - Global Power Plant Boilers Sales Market Share, 2017-2028
4.4 By Type - Global Power Plant Boilers Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Power Plant Boilers Market Size, 2021 & 2028
5.1.2 Coal
5.1.3 Gas
5.1.4 Oil
5.2 By Application - Global Power Plant Boilers Revenue & Forecasts
5.2.1 By Application - Global Power Plant Boilers Revenue, 2017-2022
5.2.2 By Application - Global Power Plant Boilers Revenue, 2023-2028
5.2.3 By Application - Global Power Plant Boilers Revenue Market Share, 2017-2028
5.3 By Application - Global Power Plant Boilers Sales & Forecasts
5.3.1 By Application - Global Power Plant Boilers Sales, 2017-2022
5.3.2 By Application - Global Power Plant Boilers Sales, 2023-2028
5.3.3 By Application - Global Power Plant Boilers Sales Market Share, 2017-2028
5.4 By Application - Global Power Plant Boilers Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Power Plant Boilers Market Size, 2021 & 2028
6.2 By Region - Global Power Plant Boilers Revenue & Forecasts
6.2.1 By Region - Global Power Plant Boilers Revenue, 2017-2022
6.2.2 By Region - Global Power Plant Boilers Revenue, 2023-2028
6.2.3 By Region - Global Power Plant Boilers Revenue Market Share, 2017-2028
6.3 By Region - Global Power Plant Boilers Sales & Forecasts
6.3.1 By Region - Global Power Plant Boilers Sales, 2017-2022
6.3.2 By Region - Global Power Plant Boilers Sales, 2023-2028
6.3.3 By Region - Global Power Plant Boilers Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Power Plant Boilers Revenue, 2017-2028
6.4.2 By Country - North America Power Plant Boilers Sales, 2017-2028
6.4.3 US Power Plant Boilers Market Size, 2017-2028
6.4.4 Canada Power Plant Boilers Market Size, 2017-2028
6.4.5 Mexico Power Plant Boilers Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Power Plant Boilers Revenue, 2017-2028
6.5.2 By Country - Europe Power Plant Boilers Sales, 2017-2028
6.5.3 Germany Power Plant Boilers Market Size, 2017-2028
6.5.4 France Power Plant Boilers Market Size, 2017-2028
6.5.5 U.K. Power Plant Boilers Market Size, 2017-2028
6.5.6 Italy Power Plant Boilers Market Size, 2017-2028
6.5.7 Russia Power Plant Boilers Market Size, 2017-2028
6.5.8 Nordic Countries Power Plant Boilers Market Size, 2017-2028
6.5.9 Benelux Power Plant Boilers Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Power Plant Boilers Revenue, 2017-2028
6.6.2 By Region - Asia Power Plant Boilers Sales, 2017-2028
6.6.3 China Power Plant Boilers Market Size, 2017-2028
6.6.4 Japan Power Plant Boilers Market Size, 2017-2028
6.6.5 South Korea Power Plant Boilers Market Size, 2017-2028
6.6.6 Southeast Asia Power Plant Boilers Market Size, 2017-2028
6.6.7 India Power Plant Boilers Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Power Plant Boilers Revenue, 2017-2028
6.7.2 By Country - South America Power Plant Boilers Sales, 2017-2028
6.7.3 Brazil Power Plant Boilers Market Size, 2017-2028
6.7.4 Argentina Power Plant Boilers Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Power Plant Boilers Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Power Plant Boilers Sales, 2017-2028
6.8.3 Turkey Power Plant Boilers Market Size, 2017-2028
6.8.4 Israel Power Plant Boilers Market Size, 2017-2028
6.8.5 Saudi Arabia Power Plant Boilers Market Size, 2017-2028
6.8.6 UAE Power Plant Boilers Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 GE Power
7.1.1 GE Power Corporate Summary
7.1.2 GE Power Business Overview
7.1.3 GE Power Power Plant Boilers Major Product Offerings
7.1.4 GE Power Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.1.5 GE Power Key News
7.2 Ansaldo S.P.A
7.2.1 Ansaldo S.P.A Corporate Summary
7.2.2 Ansaldo S.P.A Business Overview
7.2.3 Ansaldo S.P.A Power Plant Boilers Major Product Offerings
7.2.4 Ansaldo S.P.A Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.2.5 Ansaldo S.P.A Key News
7.3 AMEC Foster Wheeler
7.3.1 AMEC Foster Wheeler Corporate Summary
7.3.2 AMEC Foster Wheeler Business Overview
7.3.3 AMEC Foster Wheeler Power Plant Boilers Major Product Offerings
7.3.4 AMEC Foster Wheeler Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.3.5 AMEC Foster Wheeler Key News
7.4 Bharat Heavy Electricals Ltd
7.4.1 Bharat Heavy Electricals Ltd Corporate Summary
7.4.2 Bharat Heavy Electricals Ltd Business Overview
7.4.3 Bharat Heavy Electricals Ltd Power Plant Boilers Major Product Offerings
7.4.4 Bharat Heavy Electricals Ltd Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.4.5 Bharat Heavy Electricals Ltd Key News
7.5 Babcock & Wilcox Enterprises, Inc.
7.5.1 Babcock & Wilcox Enterprises, Inc. Corporate Summary
7.5.2 Babcock & Wilcox Enterprises, Inc. Business Overview
7.5.3 Babcock & Wilcox Enterprises, Inc. Power Plant Boilers Major Product Offerings
7.5.4 Babcock & Wilcox Enterprises, Inc. Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.5.5 Babcock & Wilcox Enterprises, Inc. Key News
7.6 Dongfang Electric Corporation Ltd.
7.6.1 Dongfang Electric Corporation Ltd. Corporate Summary
7.6.2 Dongfang Electric Corporation Ltd. Business Overview
7.6.3 Dongfang Electric Corporation Ltd. Power Plant Boilers Major Product Offerings
7.6.4 Dongfang Electric Corporation Ltd. Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.6.5 Dongfang Electric Corporation Ltd. Key News
7.7 Doosan Heavy Industries & Construction
7.7.1 Doosan Heavy Industries & Construction Corporate Summary
7.7.2 Doosan Heavy Industries & Construction Business Overview
7.7.3 Doosan Heavy Industries & Construction Power Plant Boilers Major Product Offerings
7.7.4 Doosan Heavy Industries & Construction Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.7.5 Doosan Heavy Industries & Construction Key News
7.8 Harbin Electric Company
7.8.1 Harbin Electric Company Corporate Summary
7.8.2 Harbin Electric Company Business Overview
7.8.3 Harbin Electric Company Power Plant Boilers Major Product Offerings
7.8.4 Harbin Electric Company Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.8.5 Harbin Electric Company Key News
7.9 IHI Corporation
7.9.1 IHI Corporation Corporate Summary
7.9.2 IHI Corporation Business Overview
7.9.3 IHI Corporation Power Plant Boilers Major Product Offerings
7.9.4 IHI Corporation Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.9.5 IHI Corporation Key News
7.10 Mitsubishi Hitachi Power Sytems Ltd.
7.10.1 Mitsubishi Hitachi Power Sytems Ltd. Corporate Summary
7.10.2 Mitsubishi Hitachi Power Sytems Ltd. Business Overview
7.10.3 Mitsubishi Hitachi Power Sytems Ltd. Power Plant Boilers Major Product Offerings
7.10.4 Mitsubishi Hitachi Power Sytems Ltd. Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.10.5 Mitsubishi Hitachi Power Sytems Ltd. Key News
7.11 Siemens AG
7.11.1 Siemens AG Corporate Summary
7.11.2 Siemens AG Power Plant Boilers Business Overview
7.11.3 Siemens AG Power Plant Boilers Major Product Offerings
7.11.4 Siemens AG Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.11.5 Siemens AG Key News
7.12 Thermax Ltd.
7.12.1 Thermax Ltd. Corporate Summary
7.12.2 Thermax Ltd. Power Plant Boilers Business Overview
7.12.3 Thermax Ltd. Power Plant Boilers Major Product Offerings
7.12.4 Thermax Ltd. Power Plant Boilers Sales and Revenue in Global (2017-2022)
7.12.5 Thermax Ltd. Key News
8 Global Power Plant Boilers Production Capacity, Analysis
8.1 Global Power Plant Boilers Production Capacity, 2017-2028
8.2 Power Plant Boilers Production Capacity of Key Manufacturers in Global Market
8.3 Global Power Plant Boilers Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Power Plant Boilers Supply Chain Analysis
10.1 Power Plant Boilers Industry Value Chain
10.2 Power Plant Boilers Upstream Market
10.3 Power Plant Boilers Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Power Plant Boilers Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Power Plant Boilers Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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