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Advanced Utility Boiler Market by Type (Sub Critical Radiant Boilers, Super Critical Boilers, & Others) Worth $2,764.19 Billion by 2019

The advanced utility boiler market is estimated to reach about $ 2,764.19 billion by 2019, from $ 1,942.52 billion in 2013.

 

Dallas, TX -- (ReleaseWire) -- 07/04/2014 -- The report "Advanced Utility Boiler Market By Type (Sub Critical Radiant Boilers, Super Critical Boilers, Ultra Super Critical Boilers, Low NOX Boilers, & Others), Applications (Combined Cycle Plants, Cogeneration Plants, Natural Gas Power Plants, Clean Coal Technology Plants, & Others) And Geography - Global Trends & Forecasts To 2019" ,defines and segments the global Advanced Boiler market with the analysis and forecast of the global revenue. The advanced boiler market is estimated to grow from over $1,942.52 billion in 2013 to nearly $2,764.19 billion by 2019, at a CAGR of over 6.6%.

Browse 77 market data tables with 33 figures spread through 223 pages and in-depth TOC on "Advanced Utility Boiler Market - Global Trends & Forecasts To 2019"

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The increased energy demand in developing countries due to their rapid economic growth and heavy dependency on fossil fuels as a primary fuel has lead to the growth of advanced utility boilers market. To meet the growing energy demand, new power plants with a high capacity are being installed, where an up-gradation of existing facilities is being done to bridge the demand-supply gap and to avail the latest in technological benefits. Global environmental norms related to climate change have forced both developed and developing countries to reduce their carbon footprints. This can be achieved by making the efficient utilization of the available coal and by installing energy efficient models of boilers, which has also led to the growth of advanced boilers.

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Europe and North America being as advanced in technology as they are, have already installed advanced boilers in their nations, where their aging power plants will provide opportunities for equipment replacements, upgrades, and modernization. The Asia-Pacific region and a few Middle Eastern and African countries, represent the largest and fastest-growing market worldwide. Robust economic developments, rapid industrialization, increasing urbanization, government infrastructure development programs, and the expanding population, represent key growth factors.

The market share analysis by revenue of the topmost companies is also included in this report. The scope of the report is thus beneficial to the market participants in the value chain of advanced utility boiler. The report identifies high growth markets in the industry and helps in managing key investment decisions. For this study, major market players are identified through secondary and primary research activities. The market share analysis of these key players is based on key facts, annual financial information, and interviews with key opinion leaders such as CEOs, Directors, and Marketing Executives.

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