Europe Boiler System Market was valued at USD 1,900.4 million in 2014, and is expected to reach USD 3,573.6 million by 2022 | Europe Boiler System Market
Pune, Maharashtra -- (SBWIRE) -- 04/19/2017 -- Europe Boiler System Market is poised to grow at 4.70% CAGR and is estimated to reach USD 3,573.6 million by the end of forecast period.
As the food processing industry being dependent completely on heat or heated water, the industrial boiler market derives a significant demand from this, which also plays a vital role in the growth and development of the Europe boiler system market. Boiler is a pressure vessel that is used to create and supply steam required for various processes within industries. Industrial Boilers are extensively used across industries such as metal, food & beverage and chemical. The recent trends in the industrial boiler market suggest increasing demand for higher efficiency and effectively. The growth of Europe boiler system is due to factors such as significant growth in the food processing sector and growing demand for clean energy sources.
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Market Research Analysis
- Based on type, gas-fired boilers segment dominates the market with 63% of share in 2015 and it is expected to grow at 4.92% CAGR during the forecast period. While, oil-fired boilers have gained popularity with limited access to natural gas.
- Based on capacity, 20 to 40 tonnes segment accounted for the largest market share of 43% in 2015, with a market value of USD 869.5 million and is projected to grow at the highest CAGR of 5.00% during the forecast period.
- Based on country, Germany is the leading market and it is expected to continue its dominance since the generation and consumption of energy & power is on large scale, which resulted in the growth
- Danstoker Boilers (Denmark)
- Bosch Industriekessel (Germany)
- Babcock & Wilcox Enterprises, Inc. (U.S.)
- AC Boilers S.p.A (Italy)
- Mitsubishi Hitachi Power Systems, Ltd. (Japan)
- ATTSU Termica (Spain)
- Rentech Boilers (U.S.)
- Byworth Boilers (U.K.)
- Proodos Industrial Boilers (Greece)
- Siemens AG (Germany)
Scope of the Report
This study provides an overview of the Europe Boiler System market, tracking two market segments across seven geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Germany, U.K., Italy, Spain, France, Poland and Holland. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Europe boiler system market by its type, capacity and countries.
- Oil Fired
- Gas Fired
- Upto 20 Tonnes
- 20 to 40 Tonnes
- 40 to 50 Tonnes
Taste the market data and market information presented through more than 17 market data tables and 25 figures spread in 59 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Europe Boiler System Market Information from 2016 to 2022"
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Germany accounted for the largest market share of 24%, in 2015, due to growing demand for clean energy sources in the region. Also, various supportive policies and regulations implemented by governments across the region, have augmented the market growth in last few years. While, U.K. is expected to grow at 4.59% CAGR and reach a market size of USD 703.9 million by 2022.
Table of Content
1 Executive Summary
2 Research Methodology
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter's Five Forces Analysis
4 Europe Boiler System Market, By Type
4.2 Oil Fired
4.3 Gas Fired
5 Europe Boiler System Market, By Capacity
5.2 Upto 20 Tonnes
5.3 20 to 40 Tonnes
5.4 40 to 50 Tonnes
6 Regional Market Analysis
7 Competitive Analysis
7.2 Competitive Scenario
7.3 Danstoker Boilers (Denmark)
7.4 Bosch Industriekessel (Germany)
7.5 Babcock & Wilcox Enterprises, Inc. (U.S.)
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