Favorable Trends for the Global Boilers and Steam Generators Market for Utilities 2013-2018: Market to Exceed $36.8 Billion in 2018

Irving, TX, July 24, 2014 --(PR.com)-- Global boilers and steam generators market is expected to reach an estimated $36.8 billion by 2018. Huge power generation capacity addition fostered by growing electricity demand and replacement of old inefficient boilers and steam generators are major drivers for boilers and steam generators market. Increasing penetration of advanced supercritical and ultra-supercritical boilers and steam generators for electric utilities industry will further drive the demand. Asia Pacific is the dominant region in terms of value ($B) and installation (gigawatt). Increasing demand for electric power and growing environmental concern led to the need of highly efficient boilers/steam generators technology.

Lucintel, a leading global management consulting and market research firm, with over 1000 clients worldwide has analyzed the boiler and steam generators market for utilities by segments and regions and has come up with a comprehensive research report “The Global Boilers and Steam Generators Market for Utilities 2013-2018.” This report provides a comprehensive analysis of the boilers and steam generators used for steam generation in electric utilities industry including analysis of market trend, competitive landscape, company profiles, mergers and acquisitions, emerging trend, and key drivers of industry growth. The study also includes global trends and forecasts for boilers and steam generators for utilities in terms of value ($B) and installations (GW) through 2018, segmented by four regions such as North America, Europe, Asia Pacific, and Rest of World, by product type such as boilers, steam generators, and heat recovery steam generators (HRSG), and by plant fuel such as coal, gas, nuclear, and biomass and Concentrated Solar Power (CSP). The study also analyzes the market segment by boiler and steam generator’s size (in Megawatt).

On the basis of its comprehensive research, Lucintel forecasts that a majority of the segments for boilers and steam generators for utilities will grow moderately during 2013-2018. Biomass and CSP segment will depict highest growth among all segments due to increased adoption, considering environmental concern and long-term fuel cost benefit. Shanghai Electric Group Company Limited, Harbin Electric Company Limited, Alstom SA, and Bharat Heavy Electricals Limited are among the major suppliers of boilers and steam generators globally. Increasing R&D efforts by players is widening the industry scope in applications area. The key players are complementing the market growth by developing technologies that can conquer the challenges and ensure market growth.

This 210-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com . You can also contact us through Live Chat in its website to answer your questions in real time.

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