市場調查報告書
商品編碼
1498359
全球工業鍋爐市場評估:依類型、特徵、燃料、馬力、最終用途產業、地區、機會、預測(2017-2031)Industrial Boilers Market Assessment, By Type, By Function, By Fuel, By Horsepower, By End-use Industry, By Region, Opportunities and Forecast, 2017-2031F |
全球工業鍋爐市場規模預計將從2023年的160.1億美元增至2031年的217.3億美元,預計2024-2031年期間複合年增長率為3.9%。工業擴張和新技術應用的機會推動了市場的發展。
鍋爐廣泛應用於各行各業的主要工業應用。先進技術趨勢正在影響工業鍋爐的功能和技術。該行業目前正在轉向環保程序和創新。這包括使用尖端方法來減少排放以及採用生物質等環保燃料來源。公司正在花費更多的錢購買符合標準並提供支援環境目標的性能的蒸汽鍋爐系統。這種環保鍋爐不僅可以減少碳排放,還可以提供長期的財務節省。
製造和生產線自動化和數位化的出現將在預測期內改變工業鍋爐市場。製造蒸汽鍋爐採用物聯網和即時數據分析來提高效率。設備和智慧監控系統不斷收集和檢查信息,提供有關鍋爐健康和功能的重要知識。預測性維護演算法有助於在潛在問題造成破壞之前發現它們。隨著物聯網的發展,工業鍋爐產業正從傳統的化石燃料和核子鍋爐轉向電鍋爐。
例如,2022 年 8 月,工業製程加熱設備和解決方案供應商 Babcock Wanson Ltd 宣佈推出兩個新的電鍋爐系列。e-Pack工業電鍋爐型號為500~17,000KG/H,VAP EL 400V三相50Hz電蒸汽鍋爐型號為16~360kW。
快速的產業擴張和政府政策推動市場成長
高速製造和生產線推動了世界各地(尤其是新興經濟體)的工業擴張。因此,對高產、高效率的工業鍋爐的需求不斷增加。公司專注於提高工業鍋爐的生產率,同時最大限度地減少碳排放。嚴格的有害排放法規鼓勵工業鍋爐符合環境標準並採用尖端技術,以最大限度地減少排放。政府官員預測,新的鍋爐法規將鼓勵可持續和高效的新鍋爐技術。例如,2023年6月,The Indian Ministry of Environment, Forest and Climate Change(MoEF&CC)於2023年5月敲定了關於收緊不同燃料工業鍋爐顆粒物(PM)排放規範的通知草案決定。新法規出台兩年內,使用熱空氣發生器、熱流體加熱器和各種燃料類型鍋爐的行業將必須遵守PM標準。
這就是公司透過研究和開發致力於永續、低排放鍋爐的原因。這些公司專注於使用機器學習和其他先進技術來建造和測試永續鍋爐。例如,2023 年 9 月,Verdemobil Biogaz SAS 宣佈向 Engie Solutions SA 管理的 Villers-Saint-Paul 工業基地(Oise)交付一台 3MW 鍋爐和二氧化碳液化系統。Naldeo Technologies & Industries 將監督整個專案的工程協調。Ch0C 鍋爐最快將於 2025 年上市。如果更換 1,000 台工業鍋爐,新鍋爐每年可減少 400 萬噸二氧化碳排放。
本報告研究和分析了全球工業鍋爐市場,提供市場規模和預測、市場動態以及主要參與者的現狀和前景。
Global industrial boilers market is projected to witness a CAGR of 3.9% during the forecast period 2024-2031, growing from USD 16.01 billion in 2023 to USD 21.73 billion in 2031. The market thrives with industrial expansions and new technology-enabling opportunities.
Boilers are utilized in major industrial applications across varied verticals. Advanced technological trends have influenced the functioning and technology of industrial boilers. The sector is currently witnessing a transformation towards environmentally friendly procedures and innovations. This covers the use of cutting-edge methods for reducing emissions and the adoption of greener fuel sources such as biomass. Companies are spending more money on steam boiler systems that provide performance that meets standards and supports environmental objectives. These eco-friendly boilers provide long-term financial savings in addition to lowering carbon emissions.
The advent of automation and digitalization in manufacturing and production lines will transform the industrial boilers market in the forecast period. Manufacturing steam boilers are adopting the Internet of Things (IoT) and real-time data analysis to enhance efficiency. Devices and intelligent surveillance systems are constantly gathering and examining information, offering important knowledge about the condition and functioning of the boilers. Algorithms for predictive maintenance assist in spotting possible problems before they cause any interruptions. Along with IoT, the industrial boiler industry is transitioning from conventional fossil and nuclear-based boilers to electric boilers.
For instance, in August 2022, industrial process heating equipment and solutions provider Babcock Wanson Ltd introduced two new electric boiler ranges: the e-Pack industrial electric boiler, which has models ranging from 500 to 17,000 KG/H, and the VAP EL 400V three-phase, 50Hz electric steam boiler, which has models ranging from 16 to 360 kW.
Rapid Industrial Expansion, Along with Government Policies to Fuel Market Growth
Industrial expansion can be witnessed globally, especially in emerging economies, boosted by high-rate manufacturing and production lines. Therefore, the demand for highly productive and efficient industrial boilers is rising. Companies focus on increasing the productivity of industrial boilers while limiting carbon emissions to a minimum. Strict regulations governing dangerous emissions encourage industrial boilers equipped with cutting-edge technologies to meet environmental standards and minimize emissions. According to projections from the government authorities, new boiler regulations are projected to promote new sustainable and efficient boiler technologies. For instance, in June 2023, The Indian Ministry of Environment, Forest and Climate Change (MoEF&CC) finalized the draft notification for tightening particulate matter (PM) emission specifications for industrial boilers based on different fuels in May 2023. Within the introduction of two years of the new regulations, the industries using hot air generators, thermic fluid heaters, and boilers with various fuel types must adhere to the PM standard.
Hence, companies are working on a highly sustainable and low-emission-based boiler through research and development. Companies are focused on using machine learning and other advanced technologies to build and test sustainable boiling machines. For instance, in September 2023, Verdemobil Biogaz SAS announced that it would deliver its 3 MW boiler and the CO2 liquefaction system to Villers-Saint-Paul industrial site (Oise), managed by Engie Solutions SA. Naldeo Technologies & Industries will oversee the engineering coordination throughout the project. As early as 2025, the Ch0C boiler will be available for purchase. The new boiler has the potential to reduce annual CO2 emissions by 4 million tonnes when 1,000 industrial boilers are replaced.
Technological Advancements and Predictive Maintenance to Expand Market Size
The expansion of industries has led to mass human resources for machine handling. Therefore, companies deliver products requiring less human intervention and higher productivity. These advancements include artificial intelligence (AI), machine learning, and IoT. AI-based technologies are adding safety layers to boiler maintenance. Industrial steam boilers can be monitored through the incorporation of remote monitoring systems. Sensing and IoT devices gather and send real-time data to centralized control centers. The data enables preventative maintenance and troubleshooting by giving important insights into the boiler's operation. Algorithms for predictive maintenance examine the data to identify any problems, allowing for prompt repairs to avoid expensive malfunctions. Further minimizing downtime, remote diagnostics can locate and frequently fix issues without requiring on-site visits.
For instance, in August 2023, United Kingdom-based boiler manufacturer Navien Ltd. launched its ON AI platform, seamlessly incorporating Navien's NCB ON range of Combi Crossover boilers.
Also, an Indian Institute of Technology (IIT) professor found an AI-based solution in January 2022 which can stop boiler explosions through advanced prediction and control of vapor explosion, advancing the overall industrial boiling.
Higher Affordability and Efficiency to Fuel Water-tube Segment
Based on type, the water-tube segment is projected to lead the market. They can operate at higher temperatures and pressures without excessively thick walls. Nonetheless, fluidized-bed combustion boilers (FCB) have become a strong contender, presenting several benefits that surpass traditional combustion systems. These include the ability to design compact boilers, the versatility in fuel types, improved combustion efficiency, and a reduction in the emission of harmful pollutants such as sulfur dioxide (SO2) and nitrogen oxides (NOx). Compared to fire-tube boilers, water-tube boilers are recognized for their increased efficiency and reduced running expenses. They use a more effective heat transfer system, which lowers emissions and fuel consumption. Major consumption of this type of boiler is through the food and beverage sector. As water tube boilers can handle high-pressure and high-temperature applications, which are widespread in the food processing industry, they are chosen for industrial purposes.
For instance, in March 2023, Babcock Wanson Ltd. launched FM pack Water-tube boilers. These boilers deliver a steam outcome of 4.5 to 80 t/h. Because of the heat exchanger design, the FM Pack range can provide very high operating pressures, from 10 to 95 barg. It is ideal for applications requiring high steam output, high-pressure steam, or superheated steam. The range offers high-quality steam, from dry saturated to high-temperature superheated.
Asia-Pacific Dominates Industrial Boilers Market Share
Asia-Pacific holds the major share of the global industrial boiler market. The world's highest population currently resides in the region and is projected to grow during the forecast period. Since the demand for energy resources is increasing due to the growing population, industrial boilers are seen as more effective and environmentally friendly methods of producing steam and heat than conventional techniques. The governments of the Asia-Pacific countries are assisting in the development of industrial boilers. Furthermore, the area benefits from abundant supplies of steel and coal, two essential raw materials required to manufacture industrial boilers. Countries such as India and China are focused on building new spaces for industrial exploration.
For instance, in February 2024, in Guwahati, Assam, India, Bharat Steam Boiler Expo 2024 officially opened, signaling a critical turning point in India's industrial development, found to boost the expansion and effectiveness of industries which depend on steam boilers. Leading companies in the sector, such as Indian Oil Corporation (IOC), Oil India Ltd (OIL), Numaligarh Refinery Ltd (NRL), Brahmaputra Cracker and Polymer Ltd (BCPL), Assam Petro Chemicals Ltd, and NTPC Ltd, have worked together to create this innovative exhibition.
Future Market Scenario (2024 - 2031F)
Sustainable and green technology is anticipated to transform the upcoming industrial boilers while maintaining operational efficiency.
Higher automation and digitization are likely to revolutionize industrial heating and steam systems.
Integrated technologies such as AI, ML, and IoT have enhanced boiler maintenance, functioning, and performance which is likely to fuel the market expansion in the future.
Key Players Landscape and Outlook
Key participants in the global industrial boilers market are focused on building sustainable and efficient boilers. The key player produces boilers with higher productivity and flexibility to integrate with industry 4.0 technologies. The rapid automation and digitalization of industrial spaces will likely transform the market's key player landscape. Private and public partnerships are expected to flourish the market expansion. Players are experimenting with the area coverage. Alongside, strategic partnerships, collaboration, acquisitions, and joint ventures are used as the major elements of the market's strategic landscape.
In August 2022, A multi-fuel boiler system was introduced by Thermax for industrial users who want to go green. To offer flexible energy input, Thermax Babcock & Wilcox Energy Solutions, has launched FlexiSource, which is a multi-waste solution.
In February 2024, Miura Co. ltd. Launched its Miura Care program in partnership with Hartford Steam Boiler. The program comprises a comprehensive preventative boiler maintenance program. Miura Care has been meticulously developed to provide a thorough and simple maintenance experience, guaranteeing maximum safety for boiler system and offering unmatched peace of mind.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.