Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Industrial Boiler Market
An enclosed vessel known as a boiler facilitates combustion and transfers heat to water to create hot water or steam, which can be utilised to provide high-pressure heat to a process. The majority of processing industries worldwide depend on and cherish this advantage above all others. They incur large costs for boilers, especially for the fuels they use, but they also provide a significant contribution to the process of generating energy. A biomass boiler is the most often used kind of boiler in Sri Lanka. There are about 400 biomass boilers there, and 3200 metric tonnes of biomass are used per day to meet demand. Well-grown trees, especially rubber trees, are used as fuel for those boilers. Most of the boilers have the capacity to produce more than three tonnes of steam. Some industries are open 24 hours a day, although the majority are only open for about 12 hours. They thus keep utilising a massive quantity of biomass to create high-pressure steam. An efficient boiler uses no more fuel than is required while it is operating properly. Despite the great diversity of sectors, they all appear to operate using a steam system and a significant quantity of power.
Market Dynamics Driver Increasing Advancement in Technology This element has a favourable effect on market growth because new facilities and production lines are designed to maximise space while also lowering labour costs and production time. Automation and robots are becoming more and more common in the production sector due to growing technical breakthroughs. For example, the US Department of Energy and Babcock & Wilcox Company are working on a boiler design that will combine the low-cost vertical tube building plan with the advantages of variable pressure, efficient on/off cycle and fast load changeover. Increasing Industrialization Growing industrialisation is driving the market for industrial boilers since these machines are essential for producing electricity and heat in cities. During a country's industrial development, the market for industrial boilers grows quickly; but, after that, it tends to drop to a stable replacement.
Restraints High installation and maintenance cost of industrial boiler Market expansion is negatively impacted by the high initial costs associated with the installation and maintenance of industrial boilers. Industrial boilers usually require a large upfront investment, which may deter potential buyers.
Opportunities Industrial boiler market has room to grow since remote monitoring allows for round-the-clock control over boilers even when personnel are not present. With the advancement of technology, remote monitoring is now possible with any internet-connected gadget.
Challenges Management of Air Pollution in Commercial Boiler Systems Particles, sulphur dioxide (SO2), oxides of nitrous oxide (NOx), which are mainly represented by the symbol NO, and nitrogen oxides (NOx) are among them. Recently, there has been increased awareness of hazardous air pollutants (HAPs, sometimes known as "air toxics"), which are frequently present in trace concentrations.
Recent Insight On January 2022, Hoval, a prominent industrial boiler manufacturer announced the launch of UltraGas 2 series, its latest generation of gas condensing boilers.
Recent Acquisition and Merger On July 2021, The Boards of Directors of Valmet Oyj and Neles Corporation signed a combination agreement and a merger plan to combine the two companies through a merger. On November 2022, Babcock & Wilcox (B&W) announced that its B&W Thermal and B&W Environmental business segments have been awarded a contract for more than $24 million to supply two industrial package boilers, auxiliary equipment and advanced emissions control technologies for a petroleum refinery in North America.
Table of content 1. Introduction 1.1. Report Description 1.2. Research Methodology 1.2.1. Data Mining 1.2.2. Market Modeling and Forecasting 1.2.3. Data Validation 1.2.4. Industry Analysis 2. Market Dashboard 3. Market Overview 3.1. Introduction 3.1.1. Market Definition 3.1.2. Market Segmentation 3.2. Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 4. Industrial Boiler Market by Product type 4.1. Introduction 4.2. Industrial Boiler Market Size and Growth Rate by Product type (2021-2030) 4.3. Fine-Tube Industrial Boilers 4.3.1. Fine-Tube Industrial Boilers Market Size and Growth Rate (2019- 2030) 4.4. Water-Tube Industrial Boilers 4.4.1. Water-Tube Industrial Boilers Market Size and Growth Rate (2019- 2030)
5. Industrial Boiler Market by Application Type 5.1. Introduction 5.2. Industrial Boiler Market Size and Growth Rate by Application Type (2021-2030) 5.3. Food Processing 5.3.1. Food Processing Market Size and Growth Rate (2019- 2030) 5.4. Pulp & Paper 5.4.1. Pulp & Paper Market Size and Growth Rate (2019- 2030) 5.4. Chemical 5.4.1. Chemical Market Size and Growth Rate (2019- 2030) 5.4. Refining 5.4.1. Refining Market Size and Growth Rate (2019- 2030) 5.5. Primary Metal 5.5.1. Primary Metal Market Size and Growth Rate (2021-2030) 5.6. By Fuel 5.6.1. By Fuel Market Size and Growth Rate (2021-2030) 5.7. Natural Gas 5.7.1. Natural Gas Market Size and Growth Rate (2021-2030) 5.8. Oil 5.8.1. Oil Market Size and Growth Rate (2019- 2030) 5.9. Coal 5.9.1. Coal Industrial Boilers Market Size and Growth Rate (2019- 2030) 6. Industrial Boiler Market by Technology Type 6.1. Introduction 6.2. Industrial Boiler Market Size and Growth Rate by Technology Type (2021-2030) 6.3. Condensing 6.3.1. Condensing Market Size and Growth Rate (2019- 2030) 6.4. Non-Condensing 6.4.1. Non-Condensing Market Size and Growth Rate (2019- 2030)
10. Company Profiles 10.1. Bosch Thermotechnology (United States) 10.1.1. Business Overview 10.1.2. Service Portfolio 10.1.3. Strategic Developments 10.1.4. Financial Overview 10.2. CMI Group (United States) 10.2.1. Business Overview 10.2.2. Service Portfolio 10.2.3. Strategic Developments 10.2.4. Financial Overview 10.3. Byworth Boilers (United Kingdom) 10.3.1. Business Overview 10.3.2. Service Portfolio 10.3.3. Strategic Developments 10.3.4. Financial Overview 10.4. EVOLV INDUSTRIAL (California) 10.4.1. Business Overview 10.4.2. Service Portfolio 10.4.3. Strategic Developments 10.4.4. Financial Overview 10.5. Cochran (United States) 10.5.1. Business Overview 10.5.2. Service Portfolio 10.5.3. Strategic Developments 10.5.4. Financial Overview 10.6. ZG Boiler (China) 10.6.1. Business Overview 10.6.2. Service Portfolio 10.6.3. Strategic Developments 10.6.4. Financial Overview 10.7. Hoval (Switzerland) 10.7.1. Business Overview 10.7.2. Service Portfolio 10.7.3. Strategic Developments 10.7.4. Financial Overview 10.8. Hurst Boiler & Welding Co, Inc. (United States) 10.8.1. Business Overview 10.8.2. Service Portfolio 10.8.3. Strategic Developments 10.8.4. Financial Overview 10.9. Cleaver-Brooks (United States) 10.9.1. Business Overview 10.9.2. Service Portfolio 10.9.3. Strategic Developments 10.9.4. Financial Overview 10.10. Miura (Japan) 10.10.1. Business Overview 10.10.2. Service Portfolio 10.10.3. Strategic Developments 10.10.4. Financial Overview
10.11. Viessmann (Germany) 10.11.1. Business Overview 10.11.2. Service Portfolio 10.11.3. Strategic Developments 10.11.4. Financial Overview
10.12. Forbes Marshall (India) 10.12.1. Business Overview 10.12.2. Service Portfolio 10.12.3. Strategic Developments 10.12.4. Financial Overview
10.13. Hebei Xinhuaxin Boiler Manufacturing (China) 10.13.1. Business Overview 10.13.2. Service Portfolio 10.13.3. Strategic Developments 10.13.4. Financial Overview 10.14. Tianlu Boiler Industry (China) 10.14.1. Business Overview 10.14.2. Service Portfolio 10.14.3. Strategic Developments 10.14.4. Financial Overview 10.15. Wuxi Huaguang Electric Power Engineering (China) 10.15.1. Business Overview 10.15.2. Service Portfolio 10.15.3. Strategic Developments 10.15.4. Financial Overview 10.16. Shanghai Industrial Boiler (China) 10.16.1. Business Overview 10.16.2. Service Portfolio 10.16.3. Strategic Developments 10.16.4. Financial Overview 10.17. Hangzhou Boiler Group (China) 10.17.1. Business Overview 10.17.2. Service Portfolio 10.17.3. Strategic Developments 10.17.4. Financial Overview 10.18. AE&E Nanjing boiler (China) 10.18.1. Business Overview 10.18.2. Service Portfolio 10.18.3. Strategic Developments 10.18.4. Financial Overview
11. List of Tables and Figures Table Industrial Boiler Market Size and Market Share by Product type (2021-2023) Table Industrial Boiler Market Size and Market Share by Product type (2023-2030) Figure Fine-Tube Industrial Boilers Market Size and Growth Rate (2021-2030) Figure Water-Tube Industrial Boilers Market Size and Growth Rate (2021-2030)
Table Industrial Boiler Market Size and Market Share By Application (2021-2023) Table Industrial Boiler Market Size and Market Share By Application (2023-2030) Figure Food Processing Market Size and Growth Rate (2021-2030) Figure Pulp & Paper Market Size and Growth Rate (2021-2030) Figure Chemical Market Size and Growth Rate (2021-2030) Figure Refining Market Size and Growth Rate (2021-2030) Figure Primary Metal Market Size and Growth Rate (2021-2030) Figure By Fuel Market Size and Growth Rate (2021-2030) Figure Natural Gas Market Size and Growth Rate (2021-2030) Figure Oil Industrial Boiler Market Size and Growth Rate (2021-2030) Figure Coal Industrial Boiler Market Size and Growth Rate (2021-2030) Table Industrial Boiler Market Size and Market Share By Technology Type (2021-2023) Table Industrial Boiler Market Size and Market Share By Application (2023-2030) Figure Condensing Industrial Boilers Market Size and Growth Rate (2021-2030) Figure Non-Condensing Market Size and Growth Rate (2021-2030) Table Industrial Boiler Market by Regions (2021-2023) Table Industrial Boiler Market by Regions (2023-2030) Figure North America Industrial Boiler Market Size and Growth Rate (2021-2030) Table North America Industrial Boiler Market by Product type (2021-2023) Table North America Industrial Boiler Market by Product type (2023-2030) Table North America Industrial Boiler by Application (2021-2023) Table North America Industrial Boiler by Application (2023-2030) Table North America Industrial Boiler Market by Technology Type (2021-2023) Table North America Industrial Boiler Market by Technology Type (2023-2030) Table North America Industrial Boiler by Country (2021-2023) Table North America Industrial Boiler by Country (2023-2030) Figure United States Industrial Boiler Market Size and Growth Rate (2021-2030) Table United States Industrial Boiler Market by Product type (2021-2023) Table United States Industrial Boiler Market by Product type (2023-2030) Table United States Industrial Boiler by Application (2021-2023) Table United States Industrial Boiler by Application (2023-2030) Table United States Industrial Boiler Market by Technology Type (2021-2023) Table United States Industrial Boiler Market by Technology Type (2023-2030) Figure Canada Industrial Boiler Market Size and Growth Rate (2021-2030) Table Canada Industrial Boiler Market by Product type (2021-2023) Table Canada Industrial Boiler Market by Product type (2023-2030) Table Canada Industrial Boiler by Application (2021-2023) Table Canada Industrial Boiler by Application (2023-2030) Table Canada Industrial Boiler Market by Technology Type (2021-2023) Table Canada Industrial Boiler Market by Technology Type (2023-2030) Figure Europe Industrial Boiler Market Size and Growth Rate (2021-2030) Table Europe Industrial Boiler Market by Product type (2021-2023) Table Europe Industrial Boiler Market by Product type (2023-2030) Table Europe Industrial Boiler by Application (2021-2023) Table Europe Industrial Boiler by Application (2023-2030) Table Europe Industrial Boiler Market by Technology Type (2021-2023) Table Europe Industrial Boiler Market by Technology Type (2023-2030) Table Europe Industrial Boiler by Country (2021-2023) Table Europe Industrial Boiler by Country (2023-2030) Figure Germany Industrial Boiler Market Size and Growth Rate (2021-2030) Table Germany Industrial Boiler Market by Product type (2021-2023) Table Germany Industrial Boiler Market by Product type (2023-2030) Table Germany Industrial Boiler by Application (2021-2023) Table Germany Industrial Boiler by Application (2023-2030) Table Germany Industrial Boiler Market by Technology Type (2021-2023) Table Germany Industrial Boiler Market by Technology Type (2023-2030) Figure France Industrial Boiler Market Size and Growth Rate (2021-2030) Table France Industrial Boiler Market by Product type (2021-2023) Table France Industrial Boiler Market by Product type (2023-2030) Table France Industrial Boiler by Application (2021-2023) Table France Industrial Boiler by Application (2023-2030) Table France Industrial Boiler Market by Technology Type (2021-2023) Table France Industrial Boiler Market by Technology Type (2023-2030)
Figure United Kingdom UK Industrial Boiler Market Size and Growth Rate (2021-2030) Table United Kingdom UK Industrial Boiler Market by Product Type (2021-2023) Table United Kingdom UK Industrial Boiler Market by Product Type (2023-2030) Table United Kingdom UK Industrial Boiler by Application (2021-2023) Table United Kingdom UK Industrial Boiler by Application (2023-2030) Table United Kingdom UK Industrial Boiler Market by Technology Type (2021-2023) Table United Kingdom UK Industrial Boiler Market by Technology Type (2023-2030) Figure Russia Industrial Boiler Market Size and Growth Rate (2021-2030) Table Russia Industrial Boiler Market by Product Type (2021-2023) Table Russia Industrial Boiler Market by Product Type (2023-2030) Table Russia Industrial Boiler by Application (2021-2023) Table Russia Industrial Boiler by Application (2023-2030) Table Russia Industrial Boiler Market by Technology Type (2021-2023) Table Russia Industrial Boiler Market by Technology Type (2023-2030) Figure Italy Industrial Boiler Market Size and Growth Rate (2021-2030) Table Italy Industrial Boiler Market by Product Type (2021-2023) Table Italy Industrial Boiler Market by Product Type (2023-2030) Table Italy Industrial Boiler by Application (2021-2023) Table Italy Industrial Boiler by Application (2023-2030) Table Italy Industrial Boiler Market by Technology Type (2021-2023) Table Italy Industrial Boiler Market by Technology Type (2023-2030) Figure Rest of Europe Industrial Boiler Market Size and Growth Rate (2021-2030) Table Rest of Europe Industrial Boiler Market by Product type (2021-2023) Table Rest of Europe Industrial Boiler Market by Product type (2023-2030) Table Rest of Europe Industrial Boiler by Application (2021-2023) Table Rest of Europe Industrial Boiler by Application (2023-2030) Table Rest of Europe Industrial Boiler Market by Technology Type (2021-2023) Table Rest of Europe Industrial Boiler Market by Technology Type (2023-2030) Figure Asia-Pacific Industrial Boiler Market Size and Growth Rate (2021-2030) Table Asia-Pacific Industrial Boiler Market by Product type (2021-2023) Table Asia-Pacific Industrial Boiler Market by Product type (2023-2030) Table Asia-Pacific Industrial Boiler by Application (2021-2023) Table Asia-Pacific Industrial Boiler by Application (2023-2030) Table Asia-Pacific Industrial Boiler Market by Technology Type (2021-2023) Table Asia-Pacific Industrial Boiler Market by Technology Type (2023-2030) Table Asia-Pacific Industrial Boiler by Country (2021-2023) Table Asia-Pacific Industrial Boiler by Country (2023-2030) Figure China Industrial Boiler Market Size and Growth Rate (2021-2030) Table China Industrial Boiler Market by Product type (2021-2023) Table China Industrial Boiler Market by Product type (2023-2030) Table China Industrial Boiler by Application (2021-2023) Table China Industrial Boiler by Application (2023-2030) Table China Industrial Boiler Market by Technology Type (2021-2023) Table China Industrial Boiler Market by Technology Type (2023-2030) Figure Japan Industrial Boiler Market Size and Growth Rate (2021-2030) Table Japan Industrial Boiler Market by Product type (2021-2023) Table Japan Industrial Boiler Market by Product type (2023-2030) Table Japan Industrial Boiler by Application (2021-2023) Table Japan Industrial Boiler by Application (2023-2030) Table Japan Industrial Boiler Market by Technology Type (2021-2023) Table Japan Industrial Boiler Market by Technology Type (2023-2030) Figure Korea Industrial Boiler Market Size and Growth Rate (2021-2030) Table Korea Industrial Boiler Market by Product type (2021-2023) Table Korea Industrial Boiler Market by Product type (2023-2030) Table Korea Industrial Boiler by Application (2021-2023) Table Korea Industrial Boiler by Application (2023-2030) Table Korea Industrial Boiler Market by Technology Type (2021-2023) Table Korea Industrial Boiler Market by Technology Type (2023-2030) Figure India Industrial Boiler Market Size and Growth Rate (2021-2030) Table India Industrial Boiler Market by Product type (2021-2023) Table India Industrial Boiler Market by Product type (2023-2030) Table India Industrial Boiler by Application (2021-2023) Table India Industrial Boiler by Application (2023-2030) Table India Industrial Boiler Market by Technology Type (2021-2023) Table India Industrial Boiler Market by Technology Type (2023-2030) Figure Southeast Asia Industrial Boiler Market Size and Growth Rate (2021-2030) Table Southeast Asia Industrial Boiler Market by Product type (2021-2023) Table Southeast Asia Industrial Boiler Market by Product type (2023-2030) Table Southeast Asia Industrial Boiler by Application (2021-2023) Table Southeast Asia Industrial Boiler by Application (2023-2030) Table Southeast Asia Industrial Boiler Market by Technology Type (2021-2023) Table Southeast Asia Industrial Boiler Market by Technology Type (2023-2030) Figure Rest of Asia-Pacific Industrial Boiler Market Size and Growth Rate (2021-2030) Table Rest of Asia-Pacific Industrial Boiler Market by Product type (2021-2023) Table Rest of Asia-Pacific Industrial Boiler Market by Product type (2023-2030) Table Rest of Asia-Pacific Industrial Boiler by Application (2021-2023) Table Rest of Asia-Pacific Industrial Boiler by Application (2023-2030) Table Rest of Asia-Pacific Industrial Boiler Market by Technology Type (2021-2023) Table Rest of Asia-Pacific Industrial Boiler Market by Technology Type (2023-2030) Figure Latin America Industrial Boiler Market Size and Growth Rate (2021-2030) Table Latin America Industrial Boiler Market by Product type (2021-2023) Table Latin America Industrial Boiler Market by Product type (2023-2030) Table Latin America Industrial Boiler by Application (2021-2023) Table Latin America Industrial Boiler by Application (2023-2030) Table Latin America Industrial Boiler Market by Technology Type (2021-2023) Table Latin America Industrial Boiler Market by Technology Type (2023-2030) Table Latin America Industrial Boiler by Country (2021-2023) Table Latin America Industrial Boiler by Country (2023-2030) Figure Brazil Industrial Boiler Market Size and Growth Rate (2021-2030) Table Brazil Industrial Boiler Market by Product type (2021-2023) Table Brazil Industrial Boiler Market by Product type (2023-2030) Table Brazil Industrial Boiler by Application (2021-2023) Table Brazil Industrial Boiler by Application (2023-2030) Table Brazil Industrial Boiler Market by Technology Type (2021-2023) Table Brazil Industrial Boiler Market by Technology Type (2023-2030) Figure Mexico Industrial Boiler Market Size and Growth Rate (2021-2030) Table Mexico Industrial Boiler Market by Product type (2021-2023) Table Mexico Industrial Boiler Market by Product type (2023-2030) Table Mexico Industrial Boiler by Application (2021-2023) Table Mexico Industrial Boiler by Application (2023-2030) Table Mexico Industrial Boiler Market by Technology Type (2021-2023) Table Mexico Industrial Boiler Market by Technology Type (2023-2030) Figure Columbia Industrial Boiler Market Size and Growth Rate (2021-2030) Table Columbia Industrial Boiler Market by Product type (2021-2023) Table Columbia Industrial Boiler Market by Product type (2023-2030) Table Columbia Industrial Boiler by Application (2021-2023) Table Columbia Industrial Boiler by Application (2023-2030) Table Columbia Industrial Boiler Market by Technology Type (2021-2023) Table Columbia Industrial Boiler Market by Technology Type (2023-2030) Figure Rest of Latin America Industrial Boiler Market Size and Growth Rate (2021-2030) Table Rest of Latin America Industrial Boiler Market by Product type (2021-2023) Table Rest of Latin America Industrial Boiler Market by Product type (2023-2030) Table Rest of Latin America Industrial Boiler by Application (2021-2023) Table Rest of Latin America Industrial Boiler by Application (2023-2030) Table Rest of Latin America Industrial Boiler Market by Technology Type (2021-2023) Table Rest of Latin America Industrial Boiler Market by Technology Type (2023-2030) Figure Middle East and Africa Industrial Boiler Market Size and Growth Rate (2021-2030) Table Middle East and Africa Industrial Boiler Market by Product type (2021-2023) Table Middle East and Africa Industrial Boiler Market by Product type (2023-2030) Table Middle East and Africa Industrial Boiler by Application (2021-2023) Table Middle East and Africa Industrial Boiler Market by Technology Type (2021-2023) Table Middle East and Africa Industrial Boiler Market by Technology Type (2023-2030) Table Middle East and Africa Industrial Boiler by Country (2021-2023) Table Middle East and Africa Industrial Boiler by Country (2023-2030) Figure Saudi Arabia Industrial Boiler Market Size and Growth Rate (2021-2030) Table Saudi Arabia Industrial Boiler Market by Product type (2021-2023) Table Saudi Arabia Industrial Boiler Market by Product type (2023-2030) Table Saudi Arabia Industrial Boiler by Application (2021-2023) Table Saudi Arabia Industrial Boiler by Application (2023-2030) Table Saudi Arabia Industrial Boiler Market by Technology Type (2021-2023) Table Saudi Arabia Industrial Boiler Market by Technology Type (2023-2030) Figure United Arab Emirates Industrial Boiler Market Size and Growth Rate (2021-2030) Table United Arab Emirates Industrial Boiler Market by Product type (2021-2023) Table United Arab Emirates Industrial Boiler Market by Product type (2023-2030) Table United Arab Emirates Industrial Boiler by Application (2021-2023) Table United Arab Emirates Industrial Boiler by Application (2023-2030) Table United Arab Emirates Industrial Boiler Market by Technology Type (2021-2023) Table United Arab Emirates Industrial Boiler Market by Technology Type (2023-2030) Figure South Africa Industrial Boiler Market Size and Growth Rate (2021-2030) Table South Africa Industrial Boiler Market by Product type (2021-2023) Table South Africa Industrial Boiler Market by Product type (2023-2030) Table South Africa Industrial Boiler by Application (2021-2023) Table South Africa Industrial Boiler by Application (2023-2030) Table South Africa Industrial Boiler Market by Technology Type (2021-2023) Table South Africa Industrial Boiler Market by Technology Type (2023-2030) Figure Rest of Middle East and Africa Industrial Boiler Market Size and Growth Rate (2021-2030) Table Rest of Middle East and Africa Industrial Boiler Market by Product type (2021-2023) Table Rest of Middle East and Africa Industrial Boiler Market by Product type (2023-2030) Table Rest of Middle East and Africa Industrial Boiler by Application (2021-2023) Table Rest of Middle East and Africa Industrial Boiler by Application (2023-2030) Table Rest of Middle East and Africa Industrial Boiler Market by Technology Type (2021-2023) Table Rest of Middle East and Africa Industrial Boiler Market by Technology Type (2023-2030) Table Olympus Corporation Industrial Boiler Financial Overview Table Bosch Thermotechnology (United States) Industrial Boiler Financial Overview Table CMI Group (United States) Industrial Boiler Financial Overview Table Byworth Boilers (United Kingdom)Industrial Boiler Financial Overview Table EVOLV INDUSTRIAL (California) Industrial Boiler Financial Overview Table Cochran (United States) Industrial Boiler Financial Overview Table ZG Boiler (China) Industrial Boiler Financial Overview Table Hoval (Switzerland)Industrial Boiler Financial Overview Table Hurst Boiler & Welding Co, Inc. (United States) Industrial Boiler Financial Overview Table Cleaver-Brooks (United States) Industrial Boiler Financial Overview Table Miura (Japan) Industrial Boiler Financial Overview Table Viessmann (Germany) Industrial Boiler Financial Overview Table Forbes Marshall (India) Industrial Boiler Financial Overview Table Hebei Xinhuaxin Boiler Manufacturing (China) Industrial Boiler Financial Overview Table Golden Star Resources (Canada) Industrial Boiler Financial Overview Table Homestake Mining Company (United States) Industrial Boiler Financial Overview Table Kinross Gold Corporation (Canada) Industrial Boiler Financial Overview Table Newcrest Mining Ltd (Australia) Industrial Boiler Financial Overview Table Tianlu Boiler Industry (China) Industrial Boiler Financial Overview Table Wuxi Huaguang Electric Power Engineering (China) Industrial Boiler Financial Overview Table Shanghai Industrial Boiler (China) Industrial Boiler Financial Overview Table Hangzhou Boiler Group (China) Industrial Boiler Financial Overview Table AE&E Nanjing boiler (China) Industrial Boiler Financial Overview
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Industrial Boiler and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Globally. Regional average price has been considered while breaking down this market by application in each region. This report provides the market size of the Industrial Boiler Market for the past year and forecasts for the next six years. Industrial Boiler size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of Industrial Boiler different categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for Global Industrial Boiler Market from different application industries in different regions.
