Global Industrial Boiler Market


Product Code: MGE01646 Industry: Region:

Industrial boilers are used to produce steam or heat water for space and process heating and for the generation of mechanical power and electricity. Garnering a CAGR of 5.4% from 2022 to 2028, the global industrial boiler market is projected to reach worth of USD 19,432 million by 2028-end, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global industrial boiler market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the industrial boiler industry.

The industrial boiler market is segmented on the basis of product, end user, and region. The industrial boiler market is segmented as below:

By product:
– firetube boilers
– fluidized bed boilers
– hot water boilers
– watertube boilers
– others

By end user:
– chemicals & petrochemicals
– food & beverage
– metals & mining
– paper & pulp
– others

By region:
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)

The global industrial boiler market report offers detailed information on several market vendors, including AC Boilers S.p.A., Andritz AG, Babcock & Wilcox Enterprises Inc., Bharat Heavy Electricals Limited, Dongfang Electric Corporation, General Electric Company, Harbin Electric Company Limited, Hines Corporation, Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries, Ltd., RAFAKO S.A., Robert Bosch GmbH, Shanghai Boiler Works Co., Ltd., Siemens AG, Superior Boiler Works, Inc., The Fulton Companies, Thermax Ltd, among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global industrial boiler market.
– To classify and forecast the global industrial boiler market based on product, end user, and region.
– To identify drivers and challenges for the global industrial boiler market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global industrial boiler market.
– To identify and analyze the profile of leading players operating in the global industrial boiler market.

Why Choose This Report
– Gain a reliable outlook of the global industrial boiler market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.

Global Industrial Boiler Market

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Global Industrial Boiler Market - Report Scope


Base Year


Forecast Year


CAGR (2022-2028)




Key Players

A. O. Smith Corporation, Cleaver-Brooks Inc., Cochran Ltd., Parker Boiler Co., Robert Bosch GmbH, Slant/Fin Corporation, Superior Boiler Works Inc., The Fulton Companies, The Vaillant Group

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