The Key Trends That Makes Power Plant Boiler Market Grow
Rapidly and Set New Goals
The report "Power Plant Boiler Market, by Type (Pulverized Fuel, Circulation Fluidized Bed,
Others), by Technology (Subcritical, Supercritical, Ultra-supercritical), by Fuel Type (Coal,
Gas, Oil, and Others), & Region - Global Trends & Forecast to 2021". Rapid growth of
industrialization in countries such as China, India, Vietnam, and Brazil among others is expected
to demand a huge amount of electricity. To meet this growing demand of electricity,
governments are spending heavily in the development of new power plants and upgradation of
existing power plants. The development and upgradation of new and existing power plant prove
to be a potential market for utility boiler manufacturers. In developed countries such as U.S, U.K.
and Germany, government is promoting and constructing power plants using cleaner energy
such as biomass, biogas, waste-to-energy which will drive the advance utility boiler market. The
power plant boiler market is projected to reach USD 24.40 Billion by 2021. The market size was
valued at USD 19.16 Billion in 2015 and is expected to grow at a CAGR of 4.1% during the
forecast period.
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Browse 55 tables and 37 figures spread through 150 Pages and in-depth TOC on "Power
Plant Boiler Market - Global Trends & Forecast to 2021"
On the basis of Type
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Pulverized fuel Boiler
Circulation Fluidized Bed Boiler
Others
On the basis of Technology
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Subcritical
Supercritical
Ultra-Supercritical
On the basis of Fuel Type
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Coal
Oil
Gas