Power Boilers: Market Research Report

January 2019 | 290 pages | ID: U15F137A2DEEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Power Boilers in terms of Annual Capacity Additions in Megawatts (MW).

The report provides separate comprehensive analytics for the US, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets.

Company profiles are primarily based on public domain information including company URLs. The report profiles 44 companies including many key and niche players such as -

• AC Boilers S.p.A.
• ANDRITZ AG
• Babcock & Wilcox Enterprises, Inc.
• Bosch Industriekessel GmbH
• Bharat Heavy Electricals Limited
• Cannon Far East

Contents

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

2. INDUSTRY OVERVIEW

Power Boilers: Steam Generation Systems for Power Generation at the Utility Level
Growing Number of Thermal Power Plants with Enhanced Operational Efficiencies and Reduced Emissions: The Fundamental Growth Driver

Table 1. Percentage Efficiency of Coal-Fired Thermal Power Plants Worldwide: 2000, 2005, 2010, and 2015 (includes corresponding Graph/Chart)

Clean Coal Power Technologies to Drive Global Thermal Power Generation Sector
Rising Investments in Clean Technology-Based Coal Power Capacities
Need for Attaining Energy Security, Stability, and Independence while Minimizing Carbon Footprint Drive Adoption
Cleaner Coal Technologies: Need of the Hour in the United States
Market Fortunes Intrinsically Tied to Trends in the Global Energy Sector
Global Energy Trends Summarized
Slower Growth
New Technologies and Fuels to Provide Competitive Advantage
Policies Encourage Clean Energy
Changing Global Power Sector Landscape
Power Sector Innovations: Both Supportive and Disruptive
Cyber Security Become Critical
Global Market Outlook
Improving Economy Signals Market Growth Opportunities

Table 2. World Real GDP Growth Rates (%) by Country/Region for the Years 2014 to 2019 (includes corresponding Graph/Chart)

Table 3. World Real GDP Compounded Average Annual Growth Rates (%) for 2000-2016 and 2016-2025 by Region/Country (includes corresponding Graph/Chart)

China: Growth Engine for the Global Power Boilers Market
Coal Power Continues to Dominate Chinese Power Generation

Table 4. China’s Electricity Production by Fuel Source (2017): Percentage Breakdown for Thermal, Hydro, Nuclear, Wind, Solar, and Biomass (includes corresponding Graph/Chart)

Table 5. Total Energy Consumption and Coal Consumption in China (2014, 2015, 2020, and 2030): Breakdown of Energy Consumption (Thousand Tons) and Share of Coal in Total Consumption (includes corresponding Graph/Chart)

3. MARKET TRENDS, ISSUES AND DRIVERS

Steady Proliferation of Smart Power Boilers Featuring NOx Reduction, Fuel Flexibility, and Improved Operational Efficiency Drives Market Growth
Power Generation Facilities of the Future to be ‘Connected’ for Greater Operational Efficiencies
Boiler Optimization: Enhancing Operating Efficiency during Power Generation
Market Maturity Encourages Vendors to Focus on Integrated Optimization Offerings
Hybrid Optimization Technologies: A Potential Game Changer
Snapshot of Select Advanced Technologies Used for Boiler Optimization
Novel Smart Technology to Monitor Boiler Water Level
The Urgent Need for Retrofitting to Make Legacy Boilers Future-Ready Drives Market Demand for New-Age Boiler Systems and Solutions
Fully Metered System or Parallel Positioning

VFDS & O2 TRIM

Tradeoffs
Low NOx Burners
Liquid Wood
Surging Energy Consumption and the Resulting Rise in Power Generation Provides the Perfect Platform for Market Growth

Table 6. Global Energy Consumption (Billion Toe): Growth Trajectory for the Period 1995-2035 (includes corresponding Graph/Chart)

Table 7. Global Electricity Demand by Region/Country (2017-2040): Breakdown of Demand (Thousand TWh) for Australia, Brazil, Canada, China, Europe, India, Japan, Middle East & North Africa, South East Asia, USA, and Rest of World (includes corresponding Graph/Chart)

Table 8. Global Electricity Generation by Geographic Region (2006, 2011, and 2016): Breakdown of Electricity Generation (in Terawatt-hours) for Africa, Asia-Pacific, Europe & Eurasia, Middle East, North America, and South & Central America (includes corresponding Graph/Chart)

Boiler Demand Benefits from Continued Dominance of Coal-Fired Power Generation despite Rising Interest in Renewable Sources

Table 9. Global Coal Plants by Country (2018): Number of Operating Coal Plants (MW) for China, USA, India, Germany, Russia, Japan, South Africa, South Korea, Poland, Indonesia, and Others (includes corresponding Graph/Chart)

Table 10. Global Coal Plants by Region (2018): Number of Operating Coal Plants (MW) for East Asia, Canada/US, South Asia, EU28, Eurasia, SE Asia, Africa & Middle East, Non-EU Europe, Australia/NZ, and Latin America (includes corresponding Graph/Chart)

Declining Production Cost of Coal-Fired Power Generation Bodes Well for the Market
Despite Coal-Fired Thermal Power Dominance, Several Issues Hamper Market Prospects for Boilers

Table 11. World Energy Production (In Billion Kilowatt Hours) by Energy Source for the Years 2017 & 2020 (includes corresponding Graph/Chart)

Inherent Benefits of High Efficiency, Low Costs, and Lower Carbon Footprint Drive Demand for Circulating Fluidized Bed Boilers
Benefits of CFB Boiler Technology
Utilities Embrace CFB Technology for Fuel Flexibility
Transition towards Flexible Solid Fuels
Advantages of CFB over PC Boilers
CFB Technology’s Place in the Global Renewables Landscape
CFB Option Provides Optimal Value
Asia-Pacific: The CFB Boiler Market with the Highest Growth Potential

Table 12. Global CFB Boilers Installations by Geographic Region/Country (2018E): Percentage Breakdown of Installed Capacity for Australia, China & Japan; Europe; South East Asia; North America; India; and Rest of World (includes corresponding Graph/Chart)

Need to Enhance Efficiency Levels of Thermal Power Plants Drive Demand for Waste Heat Boilers
Ongoing Shift to Renewable Energy Sources Rubs Off Sheen of Fossil Fuel Power

Table 13. Global CO2 Emissions by Fuel Type (2017): Percentage Breakdown of Volume Emissions for Coal & Peat, Oil, Natural Gas, and Others (includes corresponding Graph/Chart)

Table 14. Renewable Power’s Share (%) in Global Power Capacity and Global Power Generation: 2007-2017 (includes corresponding Graph/Chart)

Table 15. Global Annual Additional Capacity for Renewables and Non-Renewables: 2006-2016 (includes corresponding Graph/Chart)

Technology Innovations and Advancements: Spearheading Growth
Artificial Intelligence (AI) for Testing Coal Plant Boiler Combustion
Drones for Safer Visual Assessment of Boilers
New Advanced Green Boiler Technology by PARAT Halvorsen
ABB Ability: Enabling Utilities to Monitor Power Plants Remotely
Sophisticated HRSG and Boiler Designs
Advanced PFBC (A-PFBC)
Integrated Coal Gasification Combined Cycle (IGCC)
Supercritical Technology
Aging Power Boiler Units Provide Revenue-Generation Opportunities for MRO Service Providers
Growing Demand for Biomass as an Energy Source in Utility Boilers
The Important Role of Energy Conservation in Boilers
Feed Water Preheating using Economizer
Stack Temperature
Combustion Air Preheat
Incomplete Combustion
Excess Air Control
Automatic Blowdown Control
Heat Loss Due to Convection and Radiation
Lowering of Soot Losses and Scaling
Proper Boiler Scheduling
Impact of Boiler Loading on Efficiency
Variable Speed Control
Lowering Boiler Steam Pressure
Boiler Replacement
Developing Economies to Drive Current and Future Market Growth

Table 16. Global Power Boilers Market - Geographic Regions Ranked by CAGR (Annual Capacity Additions in Megawatts (MW)) for 2016-2024: Asia-Pacific, Latin America, Middle East & Africa, USA, Europe, and Japan (includes corresponding Graph/Chart)

Liberalization and Privatization in Developing Countries Offer Significant Growth Opportunities
Exponential Increase in Global Population & Urbanization Rate: A Mega Trend Benefiting Market Prospects

Table 17. World Population (Millions) and Urbanization Rate (%) by Region/Country: 2016 & 2040 (includes corresponding Graph/Chart)

4. PRODUCT OVERVIEW

Boilers: Introduction
Evolution of Boiler Technology
Components of a Boiler System
Power Boilers or Utility Boilers
A Comparison between Power/Utility and Industrial Boiler
Working Principle of Power Boilers
Sensible Heat Addition
Latent Heat Addition
Superheating
Types of Power/Utility Boilers
Wall-fired Boilers
Tangentially-fired Boilers
Cyclone-fired Boilers
Stoker-fired Boilers
Fluidized-bed Combustion Boilers
Bubbling Fluidized-bed Boilers
Circulating Fluidized-bed Boilers
Comparison between Stoker-fired and Fluidized-bed Combustion Boilers
Pressurized Fluidized-bed Boilers
Problems Associated with Boilers
Corrosion in Recovery Boilers: A Cause for Worry
Cathodic Protection: A Possible Solution
Cathodic Protection: Technology and Methods
Galvanic System
Impressed Control System
Applications of Cathodic Protection in Power Plant
Underground Piping Systems
Waterfront Structures
Cooling Water Systems
Storage Tanks
Rusting in Boilers
Excessive On/Off Cycles

5. COMPETITIVE LANDSCAPE

Boiler Marketplace: Highly Fragmented

Table 18. Leading Players in the Global Fossil Fuel Boilers Market (2018E): Percentage Market Share Breakdown (Volume) for AMEC/Sumitomo SHI FW, Babcock & Wilcox, BHEL, Dongfang, GE, Harbin, Shanghai Electric, and Others (includes corresponding Graph/Chart)

Table 19. Leading Players in the Global Circulating Fluidized Bed (CFB) Boilers Market (2018E): Percentage Market Share Breakdown (Volume) for AMEC/Sumitomo SHI FW, Andritz, Babcock & Wilcox, Dongfang, GE, Hangzhou Boiler, Valmet, and Others (includes corresponding Graph/Chart)

GE Power: An Innovation Driven Company with Several Decades of Boiler Technology Expertise
GE’s Boiler Technologies to Significantly Improve Flexibility and Efficiency of Coal-Based Steam Power Plants
GE Power to Offer Low NOx Boiler Technology for Thermal Plants in India
Vendor Focus on Strategic Acquisitions and Technological Developments
Maintenance Services: A Strong Revenue Spinner for Boiler Vendors
Boiler Manufacturers Step up R&D Investment
High Raw Material Prices Drive up Operational Costs for Vendors
Manufacturers to Focus on Delivering Better Performing and Cost-efficient Boilers
Boiler Suppliers Adopts ‘Go Green’ Approach
Manufacturers Develop Designs for Converting Existing Boilers from Fossil Fuels to Biomass
A List of International Performance and Labeling Standards for Boilers by Select Country
Aggressive Product Pricing Strategies Shackles Technological Innovation
5.1 Focus on Select Global Players
AC Boilers S. p. A. (Italy)
ANDRITZ AG (Austria)
ANDRITZ Energy & Environment GmbH (Austria)
Babcock & Wilcox Enterprises, Inc. (USA)
Bosch Industriekessel GmbH (Germany)
Bharat Heavy Electricals Limited (India)
Cannon Far East (China)
China Western Power Industrial Co., Ltd. (China)
Cleaver-Brooks, Inc. (USA)
Doosan Heavy Industries & Construction Co. Ltd., (South Korea)
Doosan Lentjes GmbH (Germany)
GE Power (USA)
Wuhan Boiler Co., Ltd. (China)
Hangzhou Boiler Group Co., Ltd. (China)
Harbin Electric Corporation Co., Ltd (China)
Harbin Boiler Company Limited (China)
IHI Corporation (Japan)
John Wood Group PLC (UK)
Kawasaki Heavy Industries, Ltd. (Japan)
Larsen & Toubro Limited (India)
LOINTEK (Spain)
Mitsubishi Hitachi Power Systems, Ltd. (MHPS) (Japan)
Miura Co., Ltd. (Japan)
Outotec Oyj (Finland)
Shanghai SMEC Enterprise Co., Ltd. (China)
Sichuan Dongfang Boiler Group Co., Ltd. (China)
Siemens AG (Germany)
Sumitomo SHI FW (Japan)
Taishan Group Tai’an Boao International Trade Co., Ltd. (China)
Takuma Co., Ltd. (Japan)
Thermax Limited (India)
Danstoker A/S (Denmark)
Valmet Oyj (Finland)
5.2 Product Introductions/Innovations
Hamworthy Heating Introduces Modular Boiler with Aluminum Heat Exchanger
Fulton Launches Vertical Spiral-Rib Tubeless Steam Boiler
Valmet Introduces Valmet Recovery Boiler Leak Detector
Cleaver-Brooks Launches CBCW Configured Watertube Boilers
5.3 Recent Industry Activity
Sumitomo SHI FW Receives a Contract from Hyundai Engineering & Construction
Outotec to Supply 35MW Power to a Facility in Turkey
GE Power Signs $1.6 Bn Contract with Elektrownia to Construct Ostrołęka C Plant
GE Power Receives Twin Boiler Equipment Orders from BHEL
MHPS Secures Contract from CEPC for the Renewal of Power Generation Boilers
B&W Wins a Contract to Supply Boiler Equipment for North American Power Plant
Kawasaki Heavy Industries Commence Operations for its VEGA Boiler
IHI Enters into Long Term After Sales Agreement for Boiler Equipment
MHPS Delivers Third Boiler Unit for Medupi Power Station
Wood Group Acquires Amec Foster Wheeler
IHI Receives an Order for Supply of Kalselteng-2 Boiler’s Main Unit
Ariston Thermo Acquires HTP
Sumitomo Heavy Industries Acquires CFB Boiler Business from Amec Foster Wheeler
Sumitomo Heavy Industries Acquires FW Energie
MHPS Receives an Order for Tanjung Jati B Coal-Fired Power Plant
Valmet to Deliver a Biomass-fired CYMIC Power Boiler to Buzen New Energy
Valmet to Supply a Multifuel Power Boiler to Kushiro Thermal Power Plant
B&W Wins a Contract to Supply a Replacement Boiler for ArcelorMittal’s Steel Plant

6. GLOBAL MARKET PERSPECTIVE

Table 20. World Recent Past, Current & Future Analysis for Power Boilers by Geographic Region - US, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 21. World Historic Review for Power Boilers by Geographic Region - US, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 22. World 14-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Capacity Additions for US, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America Markets for Years 2011, 2018 and 2024 (includes corresponding Graph/Chart)

7. REGIONAL MARKET PERSPECTIVE

7.1 THE UNITED STATES
A. Market Analysis
Positive Growth Projected for the Market amidst Challenging Environment for Coal-based Power Generation
Gradually Decreasing Share of Coal-Fired Electricity Generation

Table 23. US Net Electricity Generation by Energy Source (2000, 2010, 2020, 2030 & 2040): Breakdown of Electricity Generation (Billion Kilowatt-hours) from Coal, Natural Gas, Nuclear, Petroleum, and Renewable Energy (includes corresponding Graph/Chart)

Other Key Power Market Challenges
Focus on Sustainability and Green Features Drive Advancements in Construction and Design of Boilers
Duke Energy’s Combustion-and-Boiler- Performance Program
Government Promotes Clean Coal Technologies to Lower Ecological Impact
Regulatory Overview
Section 1 ASME Code
Recent Amendments in the ASME Code
The Clean Air Act
Boiler Code Infringement: A Major Concern
EPA Finalizes Regulations on Boilers and Solid Waste Incinerators
Boiler Reconsideration Regulations from the EPA
Revised Emissions Limits and Limited Use Definitions
Energy Assessments and Sources
Amendments to Startup and Shutdown Periods
CISWI Reconsideration Rule - Problems and Amendments
EPA Introduces CO2 Standards for New Power Plant Facilities
B. Market Analytics

Table 24. The US Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 25. The US Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

7.2 Japan
A. Market Analysis
Shift to Thermal Power Following the Earthquake and Tsunami Drive Demand for Power Boilers
Market Snapshots
Recent Energy Sector Transformation in Japan Benefit Market Adoption

Table 26. Japan’s Power Generation by Energy Source (2005, 2015, 2030): Percentage Breakdown for Coal-fired Thermal Power, Gas-fired Thermal Power, Nuclear Power, Oil-fired Thermal Power, and Renewable Energy (includes corresponding Graph/Chart)

Regulatory Reforms Overview
Major Impediments to Competition in the Japanese Electric Power Sector
Rising Export Demand for Japanese Thermal Power Plant Equipment
B. Market Analytics

Table 27. Japanese Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 28. Japanese Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

7.3 Europe
A. Market Analysis
Shift from Fossil Fuel Based Power to Renewable Energy Sources Curtail Market Growth
EU: Moving Towards a Decarbonized Power Sector
Performance, Flexibility, Efficiency and Competitiveness: Need of the Hour for Thermal Power
EU Regulations to Come Down Heavily on Fossil Fuel Power Plants
EU Proposals for the Power Market
Volatile Energy Prices
Retirement of Surplus Capacity
Allowing Participation of Foreign Capacity Providers
B. Market Analytics

Table 29. European Recent Past, Current & Future Analysis for Utility and Power Boilers by Geographic Region - Germany, Italy, UK, Russia, Poland, Turkey, Ukraine and Rest of Europe Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 30. European Historic Review for Utility and Power Boilers by Geographic Region - Germany, Italy, UK, Russia, Poland, Turkey, Ukraine and Rest of Europe Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 31. European 14-Year Perspective for Utility and Power Boilers by Geographic Region - Percentage Breakdown of Capacity Additions for Germany, Italy, UK, Russia, Poland, Turkey, Ukraine and Rest of Europe Markets for Years 2011, 2018 and 2024 (includes corresponding Graph/Chart)

  7.3.1 Germany
A. Market Analysis
Germany: The Focal Point for European Power Market Integration
Germany’s Phase out of Coal Energy in the Coming Years to Hamper Long Term Growth
Siemens AG: A Major Boiler Technology License Provider Worldwide
B. Market Analytics

Table 32. German Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 33. German Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.3.2 Italy
Market Analysis

Table 34. Italian Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 35. Italian Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.3.3 The United Kingdom
A. Market Analysis
Closure of Coal-Based Power Plants Impacts Market Growth
B. Market Analytics

Table 36. The UK Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 37. The UK Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.3.4 Russia
A. Market Analysis
Thermal Power Sector to Attract Investment for Modernization, Bodes Well for the Power Boilers Market

Table 38. Investments in Russian Power Sector (2001-2020): Percentage Breakdown by Fuel Source on a Five-Year Period Basis - Thermal, Nuclear, Hydro, and Others (includes corresponding Graph/Chart)

CFBs Ideal for Power Generation Applications in Russia
B. Market Analytics

Table 39. Russian Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 40. Russian Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.3.5 Poland
Market Analysis

Table 41. Poland Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 42. Poland Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.3.6 Turkey
Market Analysis

Table 43. Turkish Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 44. Turkish Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.3.7 Ukraine
Market Analysis

Table 45. Ukraine Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 46. Ukraine Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.3.8 Rest of Europe
Market Analysis

Table 47. Rest of Europe Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 48. Rest of Europe Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

7.4 Asia-Pacific
A. Market Analysis
The Fastest Growing Power Generation Market Worldwide Drives Heathy Demand for Power Boilers
Bright Prospects for Power Boilers in the APAC Region
Proposed, Planned, and Under Construction Coal-Fired Power Plants in Asia

Table 49. Global Proposed and Under- construction Coal-fired Power Projects by Country (2016): Percentage Breakdown for China, India, Indonesia, Vietnam, and Others (includes corresponding Graph/Chart)

Renewed Focus on Alternate Energy Sources Result in Cancellation of Large Number of Coal-fired Projects
Stringent Regulation Buoys Boiler Replacement Market
Manufactures and Vendors Battle for Share in the Fiercely Competitive Market
B. Market Analytics

Table 50. Asia-Pacific Recent Past, Current & Future Analysis for Power Boilers by Geographic Region - China, India, South Korea, Vietnam, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 51. Asia-Pacific Historic Review for Power Boilers by Geographic Region - China, India, South Korea, Vietnam, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 52. Asia-Pacific 14-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Capacity Additions for China, India, South Korea, Vietnam, and Rest of Asia-Pacific Markets for Years 2011, 2018 and 2024 (includes corresponding Graph/Chart)

  7.4.1 China
A. Market Analysis
Rapidly Growing Power Generation Sector Drive Strong Demand for Power Boilers

Table 53. Electricity Consumption in China: 2006-2016 (in TWh) (includes corresponding Graph/Chart)

Thermal Power: The Dominant Power Source Meeting the Country’s Booming Electricity Demand

Table 54. Chinese Electric Power Market: Installed Capacity Estimates/Projections for the Years 2009-2017 in GW (includes corresponding Graph/Chart)

China to Emerge as Global Hub for Power Boilers
Steady Economic Growth, Government Support Drive Growth in CFB Boilers Market
Waste Heat Boilers Sales Spurred by Government Initiatives and Buoyant Replacement Demand
Despite Impressive Growth in Renewable Energy Sources, Coal-Fired Power Generation Continues Unabated
Plant Closures and No Construction of New Coal Based Power Plants in China
B. Market Analytics

Table 55. Chinese Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 56. Chinese Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.4.2 India
A. Market Analysis
Construction of Several Mega Power Projects Drive Growth in Demand for Power Boilers
Power-for-All Initiative of the Indian Government Favors Market Demand
Technology Development Critical to Improve India’s Power Generation Efficiency
India to Emerge as a Major Supplier of Medium Sized Boilers
Leading Boiler Manufacturers in India

Table 57. Announced Yearly Boiler Manufacturing Capacities (Megawatts) by Company in India: 2015 (includes corresponding Graph/Chart)

Indian Manufacturers Gain Prominence in the Domestic Waste Heat Recovery Boiler Market
Major Categories of Waste Heat Boilers Utilized in India
Supercritical Boiler Systems Make Their Mark in the Indian Market
B. Market Analytics

Table 58. Indian Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 59. Indian Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.4.3 South Korea
A. Market Analysis
South Korea’s Migration from Nuclear Power to Thermal Power Sustains Growth Momentum for Power Boilers
Samcheok Plant Achieves Considerable Cost Savings using CFBs
B. Market Analytics

Table 60. South Korean Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 61. South Korean Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.4.4 Vietnam
Market Analysis

Table 62. Vietnamese Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 63. Vietnamese Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.4.5 Rest of Asia-Pacific
Market Analysis

Table 64. Rest of Asia-Pacific Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 65. Rest of Asia-Pacific Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

7.5 The Middle East & Africa
A. Market Analysis
Rising Power Demand in the Middle East and Africa Drives Market Growth for Power Boilers
B. Market Analytics

Table 66. The Middle East & Africa Recent Past, Current & Future Analysis for Power Boilers by Geographic Region - South Africa, and Rest of Middle East & Africa Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 67. The Middle East & Africa Historic Review for Power Boilers by Geographic Region - South Africa, and Rest of Middle East & Africa Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 68. The Middle East & Africa 14-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Capacity Additions for South Africa, and Rest of Middle East & Africa Markets for Years 2011, 2018 and 2024 (includes corresponding Graph/Chart)

  7.5.1 South Africa
A. Market Analysis
South African Boilers Market Remains Vibrant
B. Market Analytics

Table 69. South African Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 70. South African Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.5.2 Rest of Middle East & Africa
Market Analysis

Table 71. Rest of Middle East & Africa Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 72. Rest of Middle East & Africa Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

7.6 Latin America
Market Analysis

Table 73. Latin American Recent Past, Current & Future Analysis for Power Boilers by Geographic Region - Chile, Colombia and Rest of Latin America Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 74. Latin American Historic Review for Power Boilers by Geographic Region - Chile, Colombia and Rest of Latin America Markets Independently Analyzed with Annual Capacity Additions in Megawatts (MW) for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 75. Latin American 14-Year Perspective for Power Boilers by Geographic Region - Percentage Breakdown of Capacity Additions for Chile, Colombia and Rest of Latin America Markets for Years 2011, 2018 and 2024 (includes corresponding Graph/Chart)

  7.6.1 Chile
Market Analysis

Table 76. Chile Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 77. Chile Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.6.2 Colombia
Market Analysis

Table 78. Colombian Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 79. Colombian Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

  7.6.3 Rest of Latin America
Market Analysis

Table 80. Rest of Latin America Recent Past, Current & Future Analysis for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 81. Rest of Latin America Historic Review for Power Boilers Market with Annual Capacity Additions in Megawatts (MW) for the Years 2011 through 2015 (includes corresponding Graph/Chart)

8. COMPANY PROFILES

Total Companies Profiled: 44 (including Divisions/Subsidiaries - 54)
The United States (6)
Japan (7)
Europe (16)
  Germany (3)
  The United Kingdom (1)
  Italy (2)
  Spain (1)
  Rest of Europe (9)
Asia-Pacific (Excluding Japan) (25)