The Global Power Plant Boiler Market is estimated to be valued at in 2025 and is expected to reach by 2032, exhibiting a compound annual growth rate from 2025 to 2032. The global power plant boiler market represents a critical component of the worldwide energy infrastructure, encompassing sophisticated steam generation systems designed to convert water into high-pressure steam for electricity production across thermal power plants. These industrial-grade boilers serve as the heart of fossil fuel, biomass, and waste-to-energy power generation facilities, playing an indispensable role in meeting growing global electricity demands.
The global power plant boiler market is driven by several compelling factors that collectively fuel its sustained growth trajectory across diverse geographical regions. The primary driver stems from escalating global electricity demand, particularly in emerging economies where rapid industrialization, urbanization, and improving living standards are creating unprecedented energy consumption patterns, necessitating substantial investments in new power generation capacity and infrastructure modernization initiatives.
- This report provides in-depth analysis of the global power plant boiler market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global power plant boiler market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include General Electric Company, Siemens AG, Mitsubishi Hitachi Power Systems, Babcock & Wilcox Enterprises, Inc., Alstom SA, Foster Wheeler AG, Doosan Heavy Industries & Construction, Thermax Limited, Hitachi, Ltd., Burns & McDonnell, Veolia Environnement S.A., Hurst Boiler & Welding Company, Inc., ANDRITZ AG, Babcock International Group, and SPX Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global power plant boiler market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global power plant boiler market
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- Pulverized fuel combustion
- Fluidized bed combustion
- Others
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- Subcritical
- Supercritical
- Ultra-critical
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- Petroleum
- Nuclear
- Natural gas
- Coal
- Renewables
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- North America
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
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- General Electric Company
- Siemens AG
- Mitsubishi Hitachi Power Systems
- Babcock & Wilcox Enterprises, Inc.
- Alstom SA
- Foster Wheeler AG
- Doosan Heavy Industries & Construction
- Thermax Limited
- Hitachi, Ltd.
- Burns & McDonnell
- Veolia Environnement S.A.
- Hurst Boiler & Welding Company, Inc.
- ANDRITZ AG
- Babcock International Group
- SPX Corporation
