The Steam Boiler Systems market is expected to grow at a CAGR of over 1% over the forecast period 2021-2027. Factors such as increased demand for power generation, population growth, investment in pharmaceutical industry due to rapid industrialization are expected to drive the steam boiler market during the forecast period. Meanwhile, the global transition to renewable energy for power generation could hinder the growth of the steam boiler systems market, especially in the power generation industry.
A full report of Steam Boiler System Market available at https://www.orionmarketreports.com/steam-boiler-system-market/35549/
Major players operating in the steam boiler system market include Bosch (Germany), GE (US), Alfa Laval (Sweden), Thermax (India), Cochran (UK), Viessmann (Germany), and Doosan (South Korea).
Steam Boiler System Market – Segmentation
By Component
• Boiler
• Economizer
• Superheater
• Air Preheater
• Feed Pump
By Type
• Water tube Boiler
• Fire tube Boiler
By Fuel
• Coal-fired Steam Boiler
• Gas-fired Steam Boiler
• Biomass-fired Steam Boiler
• Oil-fired Steam Boiler
• Electric Steam Boiler
By End-User
• Power Generation
• Oil & Gas
• Chemical
• Process Industry
• Primary Metals
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
