Power Boiler Market Research, by Technology (Supercritical, Subcritical, & Ultra-supercritical) Global Forecast to 2022

PUNE, India, Nov. 18, 2016 /PRNewswire-iReach/ -- Market research future published a half-cooked research report on Power Boiler market. The global Power Boiler Market is expected to grow at a CAGR of about 4% during the forecast period, 2016 to 2022.

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Taste the market data and market information presented through more than 40 market data tables and figures spread in 100 pages of the report. Avail the in-depth table of content TOC & market synopsis on "Power Boiler Market Information- Global Forecast to 2022"

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Market Highlights

Power Boiler is applying heat energy to water to create steam. The steam produced by the power boiler transferred through piping to number of applications. Rapid industrialization in developing countries and switch to cleaner power generation sources such as biomass, biogas in developed countries is estimated to drive the Power Boiler Market and is expected to register a significant growth of 4% in the next six years.

Asia-Pacific region is a major contributor to the Power Boiler Market and expected to retain its majority during the forecast period. Europe & North America market is expected to grow at decent pace during the forecast period.

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Market Scenario

Power Boiler is basically a closed vessel into which water is heated until the water is converted to steam. The steam produced by the power boiler, transferred through piping to number of applications. In developing countries, due to rapid industrialization & urbanization, demand for the power is increases considerably. To meet this demand, government is heavily investing in new power plants which will drive the Power Boiler market. In developed countries, government is constructing the power plants using cleaner energy such as biomass, biogas which is another driving factor for the Power Boiler market.

Thus the Power Boiler market is expected to register a CAGR of about 4%.

Scope of the report

This study provides an overview of the Power Boiler industry, tracking market segments across the categorized five geographic regions. The report provides a six-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The scope of the study segments the Power Boiler Market based on Type, Technology, & Fuel Type.

Key Players

The leading players in the Power boiler markets are Siemens AG, Babcock & Wilcox, Mitsubishi Hitachi Power System, AMEC Foster Wheeler, Thermax Ltd, Harbin Electric, Hangzhou Boiler Group, and Alstom.

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Market Research Future

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Media Contact:Akash Anand, Market Research Future, +1 646 845 9312, sales@marketresearchfuture.com

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