India Process Boiler and Heating Equipment Market, By Type (Steam Boiler, Thermic Fluid Heater, Hot Water Generator, Hot Air Generator and Waste Heat Recovery Boilers), By Compliance (IBR and Non-IBR), By Fuel Type (Oil & Gas, Fossil Fuel & Non-Fossil Fuel), By Region (West, South, North and East), Competition, Forecast & Opportunities, 2025
India process boiler and heating equipment market stood at $ around $ 146 million in 2019 and is projected to grow at a CAGR of around 6% to surpass $ 194 million by 2025. The growth in the market can be attributed to growing demand for industrial heating equipment in various process industries. Moreover, various government initiatives such as Make in India, National Manufacturing Policy, promotion of renewables and clean fuel usage are further anticipated to spur demand for process boilers and heating equipment across the country during forecast period.
Years considered for this report:
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of process boiler and heating equipment manufacturers and suppliers, in India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, end user, and regional presence of all major process boiler and heating equipment manufacturing companies across India.
TechSci Research calculated the India process boiler and heating equipment market size using a bottom-up and top down approach, wherein manufacturers’ value sales data for different boilers types was recorded as well as forecast for the future years was made. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
REPORT SCOPE:
In this report, India process boiler and heating equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies operating in India process boiler and heating equipment market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
- To analyze and forecast the India process boiler and heating equipment market size.
- To define, classify and forecast the India process boiler and heating equipment market based on type and fuel type.
- To identify drivers and challenges for India process boiler and heating equipment market.
- To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in the India process boiler and heating equipment market.
- To evaluate drivers and challenges in India process boiler and heating equipment market.
- To strategically profile leading players operating in India process boiler and heating equipment market.
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of process boiler and heating equipment manufacturers and suppliers, in India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, end user, and regional presence of all major process boiler and heating equipment manufacturing companies across India.
TechSci Research calculated the India process boiler and heating equipment market size using a bottom-up and top down approach, wherein manufacturers’ value sales data for different boilers types was recorded as well as forecast for the future years was made. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- India process boiler and heating equipment manufacturers, suppliers and end users
- Research organizations and consulting companies
- Associations, organizations and alliances related to process boiler and heating equipment
- Government bodies such as regulating authorities and policy makers
REPORT SCOPE:
In this report, India process boiler and heating equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, by Type:
- Steam Boiler
- Thermic Fluid Heater
- Waste Heat Recovery Boilers
- Hot Water Generator
- Hot Air Generator
- Market, by Compliance:
- IBR
- Non-IBR
- Market, by Fuel Type:
- Non-Fossil Fuel
- Fossil Fuel
- Oil & Gas
- Market, by Fuel Type:
- West
- South
- North
- East
Company Profiles: Detailed analysis of the major companies operating in India process boiler and heating equipment market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW
2. RESEARCH METHODOLOGY
3. ANALYST VIEW
4. VOICE OF CUSTOMER
5. INDIA PROCESS BOILER AND HEATING EQUIPMENT MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Steam Boiler, Thermic Fluid Heater, Hot Water Generator, Hot Air Generator, Waste Heat Recovery Boilers)
5.2.2. By Compliance (IBR v/s Non-IBR)
5.2.3. By Fuel Type (Oil & Gas, Fossil Fuel, Non-Fossil Fuel)
5.2.4. By Region (North, West, South and East)
5.2.5. By Company
5.3. Market Map
6. INDIA STEAM BOILER MARKET
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Compliance
6.2.2. By Fuel Type
7. INDIA THERMIC FLUID HEATER MARKET
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Compliance
7.2.2. By Fuel Type
8. INDIA WASTE HEAT RECOVERY BOILER MARKET
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Compliance
8.2.2. By Fuel Type
9. INDIA HOT WATER GENERATOR MARKET
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Compliance
9.2.2. By Fuel Type
10. INDIA HOT AIR GENERATOR MARKET
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Compliance
10.2.2. By Fuel Type
11. IMPORT-EXPORT ANALYSIS
12. MARKET DYNAMICS
12.1. Drivers
12.2. Challenges
13. MARKET TRENDS & DEVELOPMENTS
14. VALUE CHAIN ANALYSIS
15. POLICY & REGULATORY LANDSCAPE
16. INDIA ECONOMIC PROFILE
17. COMPETITIVE LANDSCAPE
17.1. Company Profiles
17.1.1. Thermax Limited
17.1.2. Cheema Boilers Limited
17.1.3. Forbes Marshall Pvt. Ltd.
17.1.4. Industrial Boilers Limited
17.1.5. Thermodyne Engineering System
17.1.6. Thermotech Systems Ltd.
17.1.7. Aero Therm Systems Pvt. Ltd.
17.1.8. Southern Boilers & Equipment’s Pvt. Ltd.
17.1.9. Energypack Boilers Pvt. Ltd.
17.1.10. Shanti Boilers & Pressure Vessels Pvt. Ltd.
18. STRATEGIC RECOMMENDATIONS
(Note: The companies list can be customized based on the client requirements.)
2. RESEARCH METHODOLOGY
3. ANALYST VIEW
4. VOICE OF CUSTOMER
5. INDIA PROCESS BOILER AND HEATING EQUIPMENT MARKET OUTLOOK
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Steam Boiler, Thermic Fluid Heater, Hot Water Generator, Hot Air Generator, Waste Heat Recovery Boilers)
5.2.2. By Compliance (IBR v/s Non-IBR)
5.2.3. By Fuel Type (Oil & Gas, Fossil Fuel, Non-Fossil Fuel)
5.2.4. By Region (North, West, South and East)
5.2.5. By Company
5.3. Market Map
6. INDIA STEAM BOILER MARKET
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Compliance
6.2.2. By Fuel Type
7. INDIA THERMIC FLUID HEATER MARKET
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Compliance
7.2.2. By Fuel Type
8. INDIA WASTE HEAT RECOVERY BOILER MARKET
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Compliance
8.2.2. By Fuel Type
9. INDIA HOT WATER GENERATOR MARKET
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Compliance
9.2.2. By Fuel Type
10. INDIA HOT AIR GENERATOR MARKET
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Compliance
10.2.2. By Fuel Type
11. IMPORT-EXPORT ANALYSIS
12. MARKET DYNAMICS
12.1. Drivers
12.2. Challenges
13. MARKET TRENDS & DEVELOPMENTS
14. VALUE CHAIN ANALYSIS
15. POLICY & REGULATORY LANDSCAPE
16. INDIA ECONOMIC PROFILE
17. COMPETITIVE LANDSCAPE
17.1. Company Profiles
17.1.1. Thermax Limited
17.1.2. Cheema Boilers Limited
17.1.3. Forbes Marshall Pvt. Ltd.
17.1.4. Industrial Boilers Limited
17.1.5. Thermodyne Engineering System
17.1.6. Thermotech Systems Ltd.
17.1.7. Aero Therm Systems Pvt. Ltd.
17.1.8. Southern Boilers & Equipment’s Pvt. Ltd.
17.1.9. Energypack Boilers Pvt. Ltd.
17.1.10. Shanti Boilers & Pressure Vessels Pvt. Ltd.
18. STRATEGIC RECOMMENDATIONS
(Note: The companies list can be customized based on the client requirements.)
LIST OF TABLES
Table 1: Release of Funds under Smart City Mission, By Major State/UT, 2018 (USD Million)
Table 2: India Mill Sugar Production, By State, FY2017 – FY2019 (Thousand Metric Tons)
Table 3: Upcoming Hotel Projects in India, By Existing Hotels and Planned Hotels, By Expected Timeline of Execution of Projects, FY2019
Table 4: India Production of Man-Made Fibre, Filament Yarn, Spun Yarn, Cotton Yarn (Million Kg), FY2016 – FY2019
Table 5: India Core Industry Growth Rate at Constant Prices, 2016-2019 (%)
Table 6: All India Power Supply Position, 2018-2019
Table 7: India Process Boiler and Heating Equipment Import & Export Analysis, By Time Period, By Import, By Export, By Trade Surplus, By Value (USD Million), HS Code: 8402
Table 8: India Process Boiler and Heating Equipment Import & Export Analysis, By Time Period, By Import, By Export, By Trade Surplus, By Value (USD Million), HS Code: 8403
Table 1: Release of Funds under Smart City Mission, By Major State/UT, 2018 (USD Million)
Table 2: India Mill Sugar Production, By State, FY2017 – FY2019 (Thousand Metric Tons)
Table 3: Upcoming Hotel Projects in India, By Existing Hotels and Planned Hotels, By Expected Timeline of Execution of Projects, FY2019
Table 4: India Production of Man-Made Fibre, Filament Yarn, Spun Yarn, Cotton Yarn (Million Kg), FY2016 – FY2019
Table 5: India Core Industry Growth Rate at Constant Prices, 2016-2019 (%)
Table 6: All India Power Supply Position, 2018-2019
Table 7: India Process Boiler and Heating Equipment Import & Export Analysis, By Time Period, By Import, By Export, By Trade Surplus, By Value (USD Million), HS Code: 8402
Table 8: India Process Boiler and Heating Equipment Import & Export Analysis, By Time Period, By Import, By Export, By Trade Surplus, By Value (USD Million), HS Code: 8403
LIST OF FIGURES
Figure 1: India Process Boilers and Heating Equipment Market Size, By Value (USD Million), 2015-2025F
Figure 2: India Process Boilers and Heating Equipment Market Size, By Volume (Units), 2015-2025F
Figure 3: Manufacturing Sector’s Contribution to India’s GDP, FY2014-FY2019
Figure 4:India IIP Growth Rate, By Sector, 2014-2019 (%)
Figure 5:India Process Boilers and Heating Equipment Market Share, By Type, By Volume, 2015 - 2025F
Figure 6: India Process Boilers and Heating Equipment Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 7:India Process Boilers and Heating Equipment Market Share, By Fuel Type, By Volume (Units), 2015 - 2025F
Figure 8:India Commissioned Thermal Power Plant Share, By Region, By Installed Capacity, FY2019
Figure 9:India Process Boilers and Heating Equipment Market Share, By Region, By Volume, 2020E & 2025F
Figure 10:India Process Boilers and Heating Equipment Market Share, By Company, 2020E
Figure 11: India Type Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
Figure 12: India Compliance Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
Figure 13: India Fuel Type Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
Figure 14: India Region Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
Figure 15: India Steam Boiler Market Size, By Value (USD Million), 2015-2025F
Figure 16: India Steam Boiler Market Size, By Volume (Units), 2015-2025F
Figure 17: India Healthcare Sector Size, By Value, 2014-2022F (USD Billion)
Figure 18: Announced Government Investments in Rural and Urban Areas Till 2022 in India (USD Million)
Figure 19: India Steam Boiler Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 20: India Steam Boiler Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 21: India Thermic Fluid Heater Market Size, By Value (USD Million), 2015-2025F
Figure 22: India Thermic Fluid Heater Market Size, By Volume (Units), 2015-2025F
Figure 23: India Total Major Chemicals Installed Capacity and Production, By Volume, 2014-2018 (Million Metric Tonnes)
Figure 24: India Cement Production, 2014-2019 (Million Tonnes)
Figure 25: India Thermic Fluid Heater Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 26: India Thermic Fluid Heater Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 27: India Waste Heat Recovery Boiler Market Size, By Value (USD Million), 2015-2025F
Figure 28: India Waste Heat Recovery Boiler Market Size, By Volume (Units), 2015-2025F
Figure 29: India Electricity Consumption per Capita, 2014-2018 (MWh/Capita)
Figure 30: India Waste Heat Recovery Boiler Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 31: India Waste Heat Recovery Boiler Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 32: India Hot Water Generator Market Size, By Value (USD Million), 2015-2025F
Figure 33: India Hot Water Generator Market Size, By Volume (Units), 2015-2025F
Figure 34: India Construction Market Size, By Value, 2015-2025F (USD Billion)
Figure 35: India Refinery Throughput, 2012-2018 (Thousand Barrels Per Day)
Figure 36: India Refinery Capacity, 2012-2018 (Thousand Barrels Per day)
Figure 37: India Hot Water Generator Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 38: India Hot Water Generator Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 39: India Hot Air Generator Market Size, By Value (USD Million), 2015-2025F
Figure 40: India Hot Air Generator Market Size, By Volume (Units), 2015-2025F
Figure 41: India Food Processing Industrial Units Share, By State, FY2019
Figure 42: India Estimated Mineral Production Share, By State, By Value, As of 2019
Figure 43: India Hot Air Generator Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 44: India Hot Air Generator Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 45: India Process Boiler and Heating Equipment Imports, By Value and By Country, 2014-15 to 2018-19 (USD Million), HS Code: 8402
Figure 46:India Process Boiler and Heating Equipment Exports, By Country, By Value, 2014-15 to 2018-19 (USD Million), HS Code: 8402
Figure 47:India Process Boiler and Heating Equipment Imports, By Value and By Country, 2014-15 to 2018-19 (USD Million), HS Code: 8403
Figure 48:India Process Boiler and Heating Equipment Exports, By Country, By Value, 2014-15 to 2018-19 (USD Million), HS Code: 8403
COMPANIES MENTIONED
1.Thermax Limited
2.Cheema Boilers Limited
3.Forbes Marshall Pvt. Ltd.
4.Industrial Boilers Limited
5.Thermodyne Engineering System
6.Thermotech Systems Ltd.
7.Aero Therm Systems Pvt. Ltd.
8.Southern Boilers & Equipment’s Pvt. Ltd.
9.Energypack Boilers Pvt. Ltd.
10.Shanti Boilers & Pressure Vessels Pvt. Ltd.
Figure 1: India Process Boilers and Heating Equipment Market Size, By Value (USD Million), 2015-2025F
Figure 2: India Process Boilers and Heating Equipment Market Size, By Volume (Units), 2015-2025F
Figure 3: Manufacturing Sector’s Contribution to India’s GDP, FY2014-FY2019
Figure 4:India IIP Growth Rate, By Sector, 2014-2019 (%)
Figure 5:India Process Boilers and Heating Equipment Market Share, By Type, By Volume, 2015 - 2025F
Figure 6: India Process Boilers and Heating Equipment Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 7:India Process Boilers and Heating Equipment Market Share, By Fuel Type, By Volume (Units), 2015 - 2025F
Figure 8:India Commissioned Thermal Power Plant Share, By Region, By Installed Capacity, FY2019
Figure 9:India Process Boilers and Heating Equipment Market Share, By Region, By Volume, 2020E & 2025F
Figure 10:India Process Boilers and Heating Equipment Market Share, By Company, 2020E
Figure 11: India Type Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
Figure 12: India Compliance Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
Figure 13: India Fuel Type Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
Figure 14: India Region Map on the Basis of Market Size (Units) & Growth Rate (%), 2019
Figure 15: India Steam Boiler Market Size, By Value (USD Million), 2015-2025F
Figure 16: India Steam Boiler Market Size, By Volume (Units), 2015-2025F
Figure 17: India Healthcare Sector Size, By Value, 2014-2022F (USD Billion)
Figure 18: Announced Government Investments in Rural and Urban Areas Till 2022 in India (USD Million)
Figure 19: India Steam Boiler Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 20: India Steam Boiler Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 21: India Thermic Fluid Heater Market Size, By Value (USD Million), 2015-2025F
Figure 22: India Thermic Fluid Heater Market Size, By Volume (Units), 2015-2025F
Figure 23: India Total Major Chemicals Installed Capacity and Production, By Volume, 2014-2018 (Million Metric Tonnes)
Figure 24: India Cement Production, 2014-2019 (Million Tonnes)
Figure 25: India Thermic Fluid Heater Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 26: India Thermic Fluid Heater Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 27: India Waste Heat Recovery Boiler Market Size, By Value (USD Million), 2015-2025F
Figure 28: India Waste Heat Recovery Boiler Market Size, By Volume (Units), 2015-2025F
Figure 29: India Electricity Consumption per Capita, 2014-2018 (MWh/Capita)
Figure 30: India Waste Heat Recovery Boiler Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 31: India Waste Heat Recovery Boiler Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 32: India Hot Water Generator Market Size, By Value (USD Million), 2015-2025F
Figure 33: India Hot Water Generator Market Size, By Volume (Units), 2015-2025F
Figure 34: India Construction Market Size, By Value, 2015-2025F (USD Billion)
Figure 35: India Refinery Throughput, 2012-2018 (Thousand Barrels Per Day)
Figure 36: India Refinery Capacity, 2012-2018 (Thousand Barrels Per day)
Figure 37: India Hot Water Generator Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 38: India Hot Water Generator Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 39: India Hot Air Generator Market Size, By Value (USD Million), 2015-2025F
Figure 40: India Hot Air Generator Market Size, By Volume (Units), 2015-2025F
Figure 41: India Food Processing Industrial Units Share, By State, FY2019
Figure 42: India Estimated Mineral Production Share, By State, By Value, As of 2019
Figure 43: India Hot Air Generator Market Share, By Compliance, By Volume, 2015 - 2025F
Figure 44: India Hot Air Generator Market Share, By Fuel Type, By Volume, 2015 - 2025F
Figure 45: India Process Boiler and Heating Equipment Imports, By Value and By Country, 2014-15 to 2018-19 (USD Million), HS Code: 8402
Figure 46:India Process Boiler and Heating Equipment Exports, By Country, By Value, 2014-15 to 2018-19 (USD Million), HS Code: 8402
Figure 47:India Process Boiler and Heating Equipment Imports, By Value and By Country, 2014-15 to 2018-19 (USD Million), HS Code: 8403
Figure 48:India Process Boiler and Heating Equipment Exports, By Country, By Value, 2014-15 to 2018-19 (USD Million), HS Code: 8403
COMPANIES MENTIONED
1.Thermax Limited
2.Cheema Boilers Limited
3.Forbes Marshall Pvt. Ltd.
4.Industrial Boilers Limited
5.Thermodyne Engineering System
6.Thermotech Systems Ltd.
7.Aero Therm Systems Pvt. Ltd.
8.Southern Boilers & Equipment’s Pvt. Ltd.
9.Energypack Boilers Pvt. Ltd.
10.Shanti Boilers & Pressure Vessels Pvt. Ltd.
