Table of Content

1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 DEFINITION 26
1.2.1 SUBCRITICAL 26
1.2.2 SUPERCRITICAL 26
1.2.3 ULTRA-SUPERCRITICAL 27
1.3 INCLUSION & EXCLUSION 27
1.3.1 POWER PLANT BOILER MARKET, BY TECHNOLOGY:
INCLUSIONS VS. EXCLUSIONS 27
1.3.2 POWER PLANT BOILER MARKET, BY FUEL TYPE: INCLUSIONS VS. EXCLUSIONS 27
1.3.3 POWER PLANT BOILER MARKET, BY CAPACITY: INCLUSIONS VS. EXCLUSIONS 28
1.4 MARKET SCOPE 28
1.4.1 MARKET SEGMENTATION 28
1.4.2 REGIONS COVERED 29
1.4.3 YEARS CONSIDERED 29
1.5 CURRENCY 30
1.6 LIMITATIONS 30
1.7 STAKEHOLDERS 30
1.8 SUMMARY OF CHANGES 31

2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 1 POWER PLANT BOILER MARKET: RESEARCH DESIGN 32
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 33
FIGURE 2 DATA TRIANGULATION METHODOLOGY 33
2.2.1 SECONDARY DATA 33
2.2.1.1 Key data from secondary sources 34
2.2.2 PRIMARY DATA 34
2.2.2.1 Key data from primary sources 34
2.2.2.2 Breakdown of primaries 35
2.3 SCOPE 35
FIGURE 3 MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR POWER PLANT BOILER 36
2.4 MARKET SIZE ESTIMATION 36
2.4.1 BOTTOM-UP APPROACH 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 37
2.4.2 TOP-DOWN APPROACH 37
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
2.4.3 IDEAL DEMAND-SIDE ANALYSIS 38
2.4.3.1 Calculations 38
2.4.3.2 Assumptions 38
2.4.4 SUPPLY-SIDE ANALYSIS 39
FIGURE 6 MAIN METRICS CONSIDERED IN ASSESSING SUPPLY FOR
POWER PLANT BOILER MARKET 39
2.4.4.1 Calculation 39
2.4.4.2 Assumptions 40
FIGURE 7 INDUSTRY CONCENTRATION, 2019 40
2.4.5 FORECAST 40
2.5 PRIMARY INSIGHTS 41

3 EXECUTIVE SUMMARY 42
3.1 SCENARIO ANALYSIS 42
FIGURE 8 SCENARIO ANALYSIS: POWER PLANT BOILER MARKET, 2018–2025 42
3.1.1 OPTIMISTIC SCENARIO 43
3.1.2 REALISTIC SCENARIO 43
3.1.3 PESSIMISTIC SCENARIO 44
TABLE 1 POWER PLANT BOILER MARKET SNAPSHOT 45
FIGURE 9 ASIA PACIFIC DOMINATED POWER PLANT BOILER MARKET IN 2019 46
FIGURE 10 PULVERIZED COAL TOWERS SEGMENT TO CONTINUE TO
HOLD LARGEST SHARE OF POWER PLANT BOILER MARKET, BY TYPE,
DURING FORECAST PERIOD 46
FIGURE 11 SUPERCRITICAL SEGMENT TO CONTINUE TO HOLD LARGEST
SHARE OF POWER PLANT BOILER MARKET, BY TECHNOLOGY,
DURING FORECAST PERIOD 47
FIGURE 12 COAL-BASED SEGMENT TO CONTINUE TO HOLD LARGEST SHARE OF POWER PLANT BOILER MARKET, BY FUEL TYPE, DURING FORECAST PERIOD 47
FIGURE 13 <400-MW SEGMENT TO CONTINUE TO HOLD LARGEST SHARE OF POWER PLANT BOILER MARKET, BY CAPACITY, DURING FORECAST PERIOD 48

4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES IN POWER PLANT BOILER MARKET 49
FIGURE 14 INCREASING DEMAND FOR ELECTRICITY TO DRIVE POWER PLANT BOILER MARKET DURING 2020–2025 49
4.2 POWER PLANT BOILER MARKET, BY REGION 50
FIGURE 15 POWER PLANT BOILER MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 50
4.3 POWER PLANT BOILER MARKET IN ASIA PACIFIC, BY FUEL TYPE & COUNTRY 50
FIGURE 16 COAL AND CHINA LARGEST SHAREHOLDERS IN POWER
PLANT BOILER MARKET IN ASIA PACIFIC, BY FUEL TYPE AND COUNTRY, RESPECTIVELY, IN 2019 50
4.4 POWER PLANT BOILER MARKET, BY TYPE 51
FIGURE 17 PULVERIZED COAL TOWERS SEGMENT TO CONTINUE TO DOMINATE
POWER PLANT BOILER MARKET, BY TYPE, 2025 51
_
4.5 POWER PLANT BOILER MARKET, BY TECHNOLOGY 51
FIGURE 18 SUBCRITICAL SEGMENT TO DOMINATE POWER PLANT BOILER MARKET,
BY TECHNOLOGY, 2025 51
4.6 POWER PLANT BOILER MARKET, BY FUEL TYPE 52
FIGURE 19 COAL-BASED SEGMENT TO DOMINATE POWER PLANT BOILER MARKET,
BY FUEL TYPE, 2025 52
4.7 POWER PLANT BOILER MARKET, BY CAPACITY 52
FIGURE 20 <400-MW SEGMENT TO HOLD LARGEST SHARE OF POWER PLANT BOILER MARKET, BY CAPACITY, 2025 52

5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 53
FIGURE 21 REVENUE SHIFT FOR POWER PLANT BOILER 53
5.3 COVID-19 HEALTH ASSESSMENT 54
FIGURE 22 COVID-19: GLOBAL PROPAGATION 54
FIGURE 23 COVID-19 PROPAGATION IN SELECT COUNTRIES 55
5.4 ROAD TO RECOVERY 56
FIGURE 24 RECOVERY ROAD FOR 2020 56
5.5 COVID-19 ECONOMIC ASSESSMENT 57
FIGURE 25 REVISED GDP FORECAST FOR SELECT G20 COUNTRIES IN 2020 57
5.6 MARKET DYNAMICS 58
FIGURE 26 POWER PLANT BOILER MARKET: DRIVERS, RESTRAINTS,
OPPORTUNITIES, AND CHALLENGES 58
5.6.1 DRIVERS 58
5.6.1.1 Increasing demand for electricity 58
FIGURE 27 GLOBAL ELECTRICITY DEMAND BY REGION IN NEW POLICIES SCENARIO, 2011–2040 59
5.6.1.2 Rising consumption of clean fossil fuel 59
5.6.2 RESTRAINTS 59
5.6.2.1 High capital requirement to install power plant boilers 59
5.6.2.2 Growth of renewable energy sources for power generation 60
FIGURE 28 GLOBAL MODERN RENEWABLE ENERGY GENERATION, BY SOURCE,
2011–2019 60
5.6.3 OPPORTUNITIES 60
5.6.3.1 Upgrading aging power plant boiler infrastructure 60
5.6.3.2 Technological advancements and demand for compact designs 61
5.6.4 CHALLENGES 61
5.6.4.1 Boiler efficiency and steam quality 61
5.6.4.2 Impact of COVID-19 on power plant boiler market 61
5.7 AVERAGE SELLING PRICE TREND 62
5.8 SUPPLY CHAIN OVERVIEW 62
FIGURE 29 POWER PLANT BOILER SUPPLY CHAIN 62
5.8.1 KEY INFLUENCERS 63
5.8.1.1 Raw material providers 63
5.8.1.2 Equipment manufacturers 63
5.8.1.3 End users 63
5.9 CASE STUDY ANALYSIS 63
5.9.1 INCREASED EFFICIENCY AND REDUCED EMISSIONS AT

2 POWER PLANTS IN TURKEY 63
TABLE 2 PROJECT STATISTICS 64
5.10 MARKET MAP 64
FIGURE 30 POWER PLANT BOILER MARKET MAP 64

6 SCENARIO ANALYSIS 65
6.1 INTRODUCTION 65
6.2 OPTIMISTIC SCENARIO 65
TABLE 3 OPTIMISTIC SCENARIO: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 65
6.3 REALISTIC SCENARIO 66
TABLE 4 REALISTIC SCENARIO: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 66
6.4 PESSIMISTIC SCENARIO 66
TABLE 5 PESSIMISTIC SCENARIO: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 67

7 POWER PLANT BOILER MARKET, BY TYPE 68
7.1 INTRODUCTION 69
FIGURE 31 PULVERIZED COAL TOWERS SEGMENT DOMINATED POWER PLANT BOILER MARKET, BY TYPE, IN 2019 69
TABLE 6 POWER PLANT BOILER MARKET, BY TYPE, 2018–2025 (USD MILLION) 69
7.2 PULVERIZED COAL TOWERS 70
7.2.1 ADVANCEMENTS IN COMBUSTION TECHNOLOGIES TO DRIVE MARKET 70
TABLE 7 PULVERIZED COAL TOWERS: POWER PLANT BOILER MARKET, BY REGION, 2018–2025 (USD MILLION) 70
7.3 CIRCULATING FLUIDIZED BED (CFB) BOILERS 70
7.3.1 GROWING DEMAND FOR FUEL FLEXIBILITY DRIVING MARKET 70
TABLE 8 CIRCULATING FLUIDIZED BED (CFB) BOILERS: POWER PLANT BOILER MARKET, BY REGION, 2018–2025 (USD MILLION) 71
7.4 OTHER BOILERS 71
TABLE 9 OTHER BOILERS: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 72
8 POWER PLANT BOILER MARKET, BY CAPACITY 73
8.1 INTRODUCTION 74
FIGURE 32 <400 MW CAPACITY DOMINATED POWER PLANT BOILER MARKET IN 2019 74
TABLE 10 POWER PLANT BOILER MARKET, BY CAPACITY, 2018–2025 (USD MILLION) 74
8.2 <400 MW 74
8.2.1 INCREASING INVESTMENTS TO INCREASE POWER PLANT EFFICIENCY 74
TABLE 11 <400 MW: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 75
8.3 400–800 MW 75
8.3.1 INCREASING DEPLOYMENT OF SUPERCRITICAL POWER PLANT BOILERS FOR RETROFITTING AGING POWER PLANT BOILERS 75
TABLE 12 400–800 MW: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 75
8.4 ?800 MW 76
8.4.1 RISE IN DEPLOYMENT OF ?800-MW CAPACITY BOILERS 76
TABLE 13 ?800 MW: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 76
9 POWER PLANT BOILER MARKET, BY TECHNOLOGY 77
9.1 INTRODUCTION 78
FIGURE 33 SUPERCRITICAL SEGMENT DOMINATED POWER PLANT BOILER
MARKET IN 2019 78
TABLE 14 POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 78
9.2 SUBCRITICAL 79
9.2.1 POTENTIAL DEMAND FOR SUBCRITICAL TECHNOLOGY IN APAC COUNTRIES 79
TABLE 15 SUBCRITICAL: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 79
9.3 SUPERCRITICAL 79
9.3.1 UPGRADATION OF AGING INFRASTRUCTURE BY SHIFTING FROM SUBCRITICAL TO SUPERCRITICAL TECHNOLOGY 79
TABLE 16 SUPERCRITICAL: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 80
9.4 ULTRA-SUPERCRITICAL 80
9.4.1 IMPROVED THERMAL EFFICIENCY FUELING MARKET FOR ULTRA-SUPERCRITICAL TECHNOLOGY 80
TABLE 17 ULTRA-SUPERCRITICAL: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 81
10 POWER PLANT BOILER MARKET, BY FUEL TYPE 82
10.1 INTRODUCTION 83
FIGURE 34 COAL-BASED SEGMENT DOMINATED POWER PLANT BOILER
MARKET IN 2019 83
TABLE 18 POWER PLANT BOILER MARKET, BY FUEL TYPE, 2018–2025 (USD MILLION) 83
10.2 COAL BASED 84
10.2.1 RISING DEMAND FOR POWER GENERATION IN APAC 84
TABLE 19 COAL BASED: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 84
10.3 GAS BASED 84
10.3.1 GROWING DEMAND FOR NATURAL GAS IN POWER GENERATION 84
TABLE 20 GAS BASED: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 85
10.4 OIL BASED 85
10.4.1 HIGH AVAILABILITY OF CRUDE OIL RESERVES IN MIDDLE EAST TO
DRIVE MARKET GROWTH 85
TABLE 21 OIL BASED: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 86
10.5 OTHER FUEL BASED 86
TABLE 22 OTHER FUEL BASED: POWER PLANT BOILER MARKET, BY REGION,
2018–2025 (USD MILLION) 86

11 POWER PLANT BOILER MARKET, BY REGION 87
11.1 INTRODUCTION 88
FIGURE 35 ASIA PACIFIC POWER PLANT BOILER MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 88
FIGURE 36 ASIA PACIFIC DOMINATED POWER PLANT BOILER MARKET IN 2019 89
TABLE 23 POWER PLANT BOILER MARKET, BY REGION, 2018–2025 (TONS/HOUR) 89
TABLE 24 POWER PLANT BOILER MARKET, BY REGION, 2018–2025 (USD MILLION) 89
11.2 ASIA PACIFIC 90
FIGURE 37 ASIA PACIFIC: REGIONAL SNAPSHOT 90
11.2.1 BY TYPE 91
TABLE 25 ASIA PACIFIC: POWER PLANT BOILER MARKET, BY TYPE,
2018–2025 (USD MILLION) 91
11.2.2 BY CAPACITY 91
TABLE 26 ASIA PACIFIC: POWER PLANT BOILER MARKET, BY CAPACITY,
2018–2025 (USD MILLION) 91
11.2.3 BY TECHNOLOGY 91
TABLE 27 ASIA PACIFIC: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 91
TABLE 28 ASIA PACIFIC: SUBCRITICAL POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 92
TABLE 29 ASIA PACIFIC: SUPERCRITICAL POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 92
TABLE 30 ASIA PACIFIC: ULTRA-SUPERCRITICAL POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 92
11.2.4 BY FUEL TYPE 93
TABLE 31 ASIA PACIFIC: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 93
TABLE 32 ASIA PACIFIC: COAL-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 93
TABLE 33 ASIA PACIFIC: GAS-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 93
TABLE 34 ASIA PACIFIC: OIL-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 94
TABLE 35 ASIA PACIFIC: OTHER FUEL-BASED POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 94
11.2.5 BY COUNTRY 94
TABLE 36 ASIA PACIFIC: POWER PLANT BOILER MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 94
11.2.5.1 China 95
11.2.5.1.1 Investments to increase power generation capacities driving market 95
11.2.5.1.2 By fuel type 95
TABLE 37 CHINA: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 95
11.2.5.1.3 By technology 96
TABLE 38 CHINA: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 96
11.2.5.2 India 96
11.2.5.2.1 Increasing domestic power demand driving market 96
11.2.5.2.2 By fuel type 97
TABLE 39 INDIA: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 97
11.2.5.2.3 By technology 97
TABLE 40 INDIA: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 97
11.2.5.3 Japan 97
11.2.5.3.1 Growing investments in setting up highly efficient
thermal power plants and refurbishment of existing market to drive market 97
11.2.5.3.2 By fuel type 98
TABLE 41 JAPAN: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 98
11.2.5.3.3 By technology 98
TABLE 42 JAPAN: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 98
11.2.5.4 Rest of Asia Pacific 99
11.2.5.4.1 By fuel type 99
TABLE 43 REST OF ASIA PACIFIC: POWER PLANT BOILER MARKET, BY FUEL TYPE, 2018–2025 (USD MILLION) 99
11.2.5.4.2 By technology 99
TABLE 44 REST OF ASIA PACIFIC: POWER PLANT BOILER MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION) 99
11.3 EUROPE 100
FIGURE 38 EUROPE: REGIONAL SNAPSHOT 101
11.3.1 BY TYPE 101
TABLE 45 EUROPE: POWER PLANT BOILER MARKET, BY TYPE,
2018–2025 (USD MILLION) 101
11.3.2 BY CAPACITY 102
TABLE 46 EUROPE: POWER PLANT BOILER MARKET, BY CAPACITY,
2018–2025 (USD MILLION) 102
11.3.3 BY TECHNOLOGY 102
TABLE 47 EUROPE: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 102
TABLE 48 EUROPE: SUBCRITICAL POWER PLANT BOILER MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 102
TABLE 49 EUROPE: SUPERCRITICAL POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 103
TABLE 50 EUROPE: ULTRA-SUPERCRITICAL POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 103
11.3.4 BY FUEL TYPE 103
TABLE 51 EUROPE: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 103
TABLE 52 EUROPE: COAL-BASED POWER PLANT BOILER MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 104
TABLE 53 EUROPE: GAS-BASED POWER PLANT BOILER MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 104
TABLE 54 EUROPE: OIL-BASED POWER PLANT BOILER MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 104
TABLE 55 EUROPE: OTHER FUEL-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 105
11.3.5 BY COUNTRY 105
TABLE 56 EUROPE: POWER PLANT BOILER MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 105
11.3.5.1 UK 105
11.3.5.1.1 Discontinuation of coal-fired power plant boilers to boost demand for natural gas-fired power plant boilers 105
11.3.5.1.2 By fuel type 106
TABLE 57 UK: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 106
11.3.5.1.3 By technology 106
TABLE 58 UK: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 106
11.3.5.2 Germany 106
11.3.5.2.1 Rising adoption of ultra-supercritical driving market 106
11.3.5.2.2 By fuel type 107
TABLE 59 GERMANY: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 107
11.3.5.2.3 By technology 107
TABLE 60 GERMANY: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 107
11.3.5.3 Russia 108
11.3.5.3.1 Upgrading aged power infrastructure fueling market 108
11.3.5.3.2 By fuel type 108
TABLE 61 RUSSIA: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 108
11.3.5.3.3 By technology 108
TABLE 62 RUSSIA: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 108
11.3.5.4 Rest of Europe 109
11.3.5.4.1 By fuel type 109
TABLE 63 REST OF EUROPE: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 109
11.3.5.4.2 By technology 109
TABLE 64 REST OF EUROPE: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 109
11.4 NORTH AMERICA 110
11.4.1 BY TYPE 110
TABLE 65 NORTH AMERICA: POWER PLANT BOILER MARKET, BY TYPE,
2018–2025 (USD MILLION) 110
11.4.2 BY CAPACITY 111
TABLE 66 NORTH AMERICA: POWER PLANT BOILER MARKET, BY CAPACITY,
2018–2025 (USD MILLION) 111
11.4.3 BY TECHNOLOGY 111
TABLE 67 NORTH AMERICA: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 111
TABLE 68 NORTH AMERICA: SUBCRITICAL POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 111
TABLE 69 NORTH AMERICA: SUPERCRITICAL POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 112
TABLE 70 NORTH AMERICA: ULTRA-SUPERCRITICAL POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 112
11.4.4 BY FUEL TYPE 112
TABLE 71 NORTH AMERICA: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 112
TABLE 72 NORTH AMERICA: COAL-BASED POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 113
TABLE 73 NORTH AMERICA: GAS-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 113
TABLE 74 NORTH AMERICA: OIL-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 113
TABLE 75 NORTH AMERICA: OTHER FUEL-BASED POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 113
11.4.5 BY COUNTRY 114
TABLE 76 NORTH AMERICA: POWER PLANT BOILER MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 114
11.4.5.1 US 114
11.4.5.1.1 Power generation through gas-fired power plant driving market growth 114
11.4.5.1.2 By fuel type 115
TABLE 77 US: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 115
11.4.5.1.3 By technology 115
TABLE 78 US: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 115
11.4.5.2 Canada 115
11.4.5.2.1 Rising adoption of supercritical and ultra-supercritical to increase efficiency of power plants 115
11.4.5.2.2 By fuel type 116
TABLE 79 CANADA: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 116
11.4.5.2.3 By technology 116
TABLE 80 CANADA: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 116
11.5 MIDDLE EAST & AFRICA 117
11.5.1 BY TYPE 117
TABLE 81 MIDDLE EAST & AFRICA: POWER PLANT BOILER MARKET, BY TYPE,
2018–2025 (USD MILLION) 117
11.5.2 BY CAPACITY 117
TABLE 82 MIDDLE EAST & AFRICA: POWER PLANT BOILER MARKET, BY CAPACITY, 2018–2025 (USD MILLION) 117
11.5.3 BY TECHNOLOGY 118
TABLE 83 MIDDLE EAST & AFRICA: POWER PLANT BOILER MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION) 118
TABLE 84 MIDDLE EAST & AFRICA: SUBCRITICAL POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 118
TABLE 85 MIDDLE EAST & AFRICA: SUPERCRITICAL POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 118
TABLE 86 MIDDLE EAST & AFRICA: ULTRA-SUPERCRITICAL POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 119
11.5.4 BY FUEL TYPE 119
TABLE 87 MIDDLE EAST & AFRICA: POWER PLANT BOILER MARKET, BY FUEL TYPE, 2018–2025 (USD MILLION) 119
TABLE 88 MIDDLE EAST & AFRICA: COAL-BASED POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 119
TABLE 89 MIDDLE EAST & AFRICA: GAS-BASED POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 120
TABLE 90 MIDDLE EAST & AFRICA: OIL-BASED POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 120
TABLE 91 MIDDLE EAST & AFRICA: OTHER FUEL-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 120
11.5.5 BY COUNTRY 121
TABLE 92 MIDDLE EAST & AFRICA: POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 121
11.5.5.1 Saudi Arabia 121
11.5.5.1.1 Government initiatives to meet rising power demand
driving market 121
11.5.5.1.2 By fuel type 122
TABLE 93 SAUDI ARABIA: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 122
11.5.5.1.3 By technology 122
TABLE 94 SAUDI ARABIA: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 122
11.5.5.2 South Africa 123
11.5.5.2.1 Rapid industrialization and increasing power generation capacity driving market 123
11.5.5.2.2 By fuel type 123
TABLE 95 SOUTH AFRICA: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 123
11.5.5.2.3 By technology 124
TABLE 96 SOUTH AFRICA: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 124
11.5.5.3 Egypt 124
11.5.5.3.1 Increasing investments in power sector to
meet rising demand 124
11.5.5.3.2 By fuel type 125
TABLE 97 EGYPT: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 125
11.5.5.3.3 By technology 125
TABLE 98 EGYPT: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 125
11.5.5.4 Rest of Middle East & Africa 125
11.5.5.4.1 By fuel type 126
TABLE 99 REST OF MIDDLE EAST & AFRICA: POWER PLANT BOILER MARKET,
BY FUEL TYPE, 2018–2025 (USD MILLION) 126
11.5.5.4.2 By technology 126
TABLE 100 REST OF MIDDLE EAST & AFRICA: POWER PLANT BOILER MARKET,
BY TECHNOLOGY, 2018–2025 (USD MILLION) 126
11.6 SOUTH & CENTRAL AMERICA 126
11.6.1 BY TYPE 127
TABLE 101 SOUTH & CENTRAL AMERICA: POWER PLANT BOILER MARKET, BY TYPE, 2018–2025 (USD MILLION) 127
11.6.2 BY CAPACITY 127
TABLE 102 SOUTH & CENTRAL AMERICA: POWER PLANT BOILER MARKET, BY CAPACITY, 2018–2025 (USD MILLION) 127
11.6.3 BY TECHNOLOGY 128
TABLE 103 SOUTH & CENTRAL AMERICA: POWER PLANT BOILER MARKET,
BY TECHNOLOGY, 2018–2025 (USD MILLION) 128
TABLE 104 SOUTH & CENTRAL AMERICA: SUBCRITICAL POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 128
TABLE 105 SOUTH & CENTRAL AMERICA: SUPERCRITICAL POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 128
TABLE 106 SOUTH & CENTRAL AMERICA: ULTRA-SUPERCRITICAL POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 129
11.6.4 BY FUEL TYPE 129
TABLE 107 SOUTH & CENTRAL AMERICA: POWER PLANT BOILER MARKET, BY FUEL TYPE, 2018–2025 (USD MILLION) 129
TABLE 108 SOUTH & CENTRAL AMERICA: COAL-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 129
TABLE 109 SOUTH & CENTRAL AMERICA: GAS-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 130
TABLE 110 SOUTH & CENTRAL AMERICA: OIL-BASED POWER PLANT BOILER MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 130
TABLE 111 SOUTH & CENTRAL AMERICA: OTHER FUEL-BASED POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 130
11.6.5 BY COUNTRY 131
TABLE 112 SOUTH & CENTRAL AMERICA: POWER PLANT BOILER MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 131
11.6.5.1 Brazil 131
11.6.5.1.1 Upgrading power infrastructure and increasing investments driving market 131
11.6.5.1.2 By fuel type 132
TABLE 113 BRAZIL: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 132
11.6.5.1.3 By technology 132
TABLE 114 BRAZIL: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 132
11.6.5.2 Argentina 132
11.6.5.2.1 Increasing investments in gas-fired power plant
drive market 132
11.6.5.2.2 By fuel type 133
TABLE 115 ARGENTINA: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 133
11.6.5.2.3 By technology 133
TABLE 116 ARGENTINA: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 133
11.6.5.3 Mexico 134
11.6.5.3.1 Growing industrialization boosting market 134
11.6.5.3.2 By fuel type 134
TABLE 117 MEXICO: POWER PLANT BOILER MARKET, BY FUEL TYPE,
2018–2025 (USD MILLION) 134
11.6.5.3.3 By technology 135
TABLE 118 MEXICO: POWER PLANT BOILER MARKET, BY TECHNOLOGY,
2018–2025 (USD MILLION) 135
11.6.5.4 Rest of South & Central America 135
11.6.5.4.1 By fuel type 135
TABLE 119 REST OF SOUTH & CENTRAL AMERICA: POWER PLANT BOILER MARKET,
BY FUEL TYPE, 2018–2025 (USD MILLION) 135
11.6.5.4.2 By technology 136
TABLE 120 REST OF SOUTH & CENTRAL AMERICA: POWER PLANT BOILER MARKET,
BY TECHNOLOGY, 2018–2025 (USD MILLION) 136

12 COMPETITIVE LANDSCAPE 137
12.1 OVERVIEW 137
FIGURE 39 KEY DEVELOPMENTS IN GLOBAL POWER PLANT BOILER MARKET,
APRIL 2017–SEPTEMBER 2020 138
12.2 MARKET EVALUATION FRAMEWORK 138
FIGURE 40 MARKET EVALUATION FRAMEWORK: CONTRACTS & AGREEMENTS
AND MERGER & ACQUISITIONS FUELED GROWTH OF COMPANIES
FROM 2017 TO 2020 139
12.3 COMPETITIVE SCENARIO 139
TABLE 121 DEVELOPMENTS OF KEY PLAYERS IN MARKET, 2017–2020 139
12.4 INDUSTRY CONCENTRATION, 2019 140
FIGURE 41 INDUSTRY CONCENTRATION, 2019 141
12.5 KEY MARKET DEVELOPMENTS 141
12.5.1 CONTRACTS & AGREEMENTS 141
12.5.2 INVESTMENTS & EXPANSIONS 142
12.5.3 MERGERS & ACQUISITIONS 142
12.5.4 PARTNERSHIPS, COLLABORATIONS, ALLIANCE, JOINT VENTURES, AND INVESTMENTS & EXPANSIONS 143
12.6 COMPANY EVALUATION MATRIX TO DEFINITIONS AND METHODOLOGY 144
12.6.1 STARS 144
12.6.2 EMERGING LEADERS 144
12.6.3 PERVASIVE 144
12.6.4 PARTICIPANTS 144
12.7 COMPANY EVALUATION MATRIX, 2019 145
FIGURE 42 POWER PLANT BOILER MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING (2019) 145
12.8 WINNERS VS. TAIL ENDERS 145
12.8.1 WINNERS 145
12.8.2 TAIL ENDERS 145
13 COMPANY PROFILES 146
(Business and Financial Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.1 GENERAL ELECTRIC 146
FIGURE 43 GENERAL ELECTRIC: COMPANY SNAPSHOT 146
FIGURE 44 GENERAL ELECTRICS: SWOT ANALYSIS 149
13.2 SIEMENS 150
FIGURE 45 SIEMENS: COMPANY SNAPSHOT 150
FIGURE 46 SIEMENS: SWOT ANALYSIS 152
13.3 BABCOCK & WILCOX ENTERPRISES, INC. 153
FIGURE 47 BABCOCK & WILCOX ENTERPRISES, INC.: COMPANY SNAPSHOT 153
FIGURE 48 BABCOCK & WILCOX ENTERPRISES, INC: SWOT ANALYSIS 155
13.4 DONGFANG ELECTRIC CORPORATION LTD. 156
FIGURE 49 DONGFANG ELECTRIC CORPORATION LTD.: COMPANY SNAPSHOT 156
13.5 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION 158
FIGURE 50 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION: COMPANY SNAPSHOT 158
FIGURE 51 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION: SWOT ANALYSIS 160
13.6 SUMITOMO HEAVY INDUSTRIES, LTD. 162
FIGURE 52 SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 162
FIGURE 53 SUMITOMO HEAVY INDUSTRIES, LTD.: SWOT ANALYSIS 165
13.7 IHI CORPORATION 166
FIGURE 54 IHI CORPORATION: COMPANY SNAPSHOT 166
13.8 JOHN WOOD GROUP PLC 169
FIGURE 55 JOHN WOOD GROUP PLC: COMPANY SNAPSHOT 169
13.9 MITSUBISHI HITACHI POWER SYSTEMS, LTD. 171
13.10 SOFINTER GROUP 174
13.11 BHARAT HEAVY ELECTRICALS LIMITED 176
FIGURE 56 BHARAT HEAVY ELECTRICALS LIMITED: COMPANY SNAPSHOT 176
13.12 THERMAX LIMITED 178
FIGURE 57 THERMAX LIMITED: COMPANY SNAPSHOT 178
13.13 ANDRITZ GROUP 181
FIGURE 58 ANDRITZ GROUP: COMPANY SNAPSHOT 181
13.14 VALMET 183
FIGURE 59 VALMET: COMPANY SNAPSHOT 183
13.15 HARBIN ELECTRIC CORPORATION 185
* Business and Financial Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
13.16 JFE ENGINEERING CORPORATION 186
13.17 ZHENGZHOU BOILER CO., LTD. 186
13.18 RENTECH BOILER 187
13.19 SHANGHAI ELECTRIC POWER CO., LTD. 187
13.20 PJSC KRASNY KOTELSHCHIK 188

14 APPENDIX 189
14.1 INSIGHTS OF INDUSTRY EXPERTS 189
14.2 DISCUSSION GUIDE 190
14.4 AVAILABLE CUSTOMIZATIONS 195
14.5 RELATED REPORTS 195
14.6 AUTHOR DETAILS 196