Water Tube Industrial Boiler Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A water tube boiler is a high-pressure boiler in which water circulates in tubes that are heated by fire or hot gases in the drum surrounding the tubes. The water tube boiler is opposite to a fire tube boiler where in the fuel is burned inside the furnace, creating hot gas which boils water in the steam-generating tubes. These boilers can be used in chemical, process, refining, paper manufacturing and pulp industries.
MARKET SCOPE
The "Global Water Tube Industrial Boiler Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on global market trend analysis. The report aims to provide an overview of the Water Tube Industrial Boiler Market with detailed market segmentation by product type, by capacity, by fuel, by application and by geography. The Water Tube Industrial Boiler Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Water Tube Industrial Boiler Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Water Tube Industrial Boiler Market has been segmented by type, fuel, capacity and application. By type the market has been bifurcated into Babcock and Wilcox boiler, Stirling Boiler and Simple Vertical boiler. By fuel type the market has been bifurcated into coal, oil, gas and others. By capacity the market has been bifurcated into < 10 MMbtu/hr, 10-25 MMbtu/hr, 25-50 MMbtu/hr, 50-75 MMbtu/hr, 75-100 MMbtu/hr, 100-175 MMbtu/hr, 175-250 MMbtu/hr, > 250 MMbtu/hr. By Application the market has been bifurcated into hospital and healthcare, power and utilities, refineries, petrochemical, pulp and paper and food processing.
MARKET DYNAMICS
Growth Factors
Restraints
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Water Tube Industrial Boiler Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Water Tube Industrial Boiler Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Water Tube Industrial Boiler Market in these regions.
Impact of Covid-19 on Water Tube Industrial Boiler Market
The Covid-19 pandemic had a significant impact on the Water Tube Industrial Boiler Market. Rising covid-19 cases resulted in lockdown and restrictions which were imposed by governments. As a result of this several manufacturing sectors were brought to a stand still which negatively affected the water tube industrial boiler market, but on the other hand several critical sectors like the pharma sector, food processing sector were still in need of these boilers to run their daily operations. As a result, the water tube boiler market was not affected to a greater extent and with the declining covid-19 cases and ease in the restrictions other manufacturing sectors are starting to open which will further boost the water tube industrial boiler market.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Water Tube Industrial Boiler Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Water Tube Industrial Boiler Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Water Tube Industrial Boiler Market in these regions.
Impact of Covid-19 on Water Tube Industrial Boiler Market
The Covid-19 pandemic had a significant impact on the Water Tube Industrial Boiler Market. Rising covid-19 cases resulted in lockdown and restrictions which were imposed by governments. As a result of this several manufacturing sectors were brought to a stand still which negatively affected the water tube industrial boiler market, but on the other hand several critical sectors like the pharma sector, food processing sector were still in need of these boilers to run their daily operations. As a result, the water tube boiler market was not affected to a greater extent and with the declining covid-19 cases and ease in the restrictions other manufacturing sectors are starting to open which will further boost the water tube industrial boiler market.
MARKET PLAYERS
The report covers vital developments in the Water Tube Industrial Boiler Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the Water Tube Industrial Boiler Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Water Tube Industrial Boiler Market. Below mentioned is the list of a few companies engaged in the Water Tube Industrial Boiler Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Water Tube Industrial Boiler Market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Forbes Marshall
- Mitsubishi Hitachi Power Systems
- Thermax
- Bharat Heavy Electricals Limited
- Babcock and Wilcox
- Doosan
- Fulton
- AMEC Foster Wheeler
- Siemens
- Hurst Boiler
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Water Tube Industrial Boiler Market - By Type
1.3.2Water Tube Industrial Boiler Market - By Fuel
1.3.3Water Tube Industrial Boiler Market - By Capacity
1.3.4Water Tube Industrial Boiler Market - By Application
1.3.5Water Tube Industrial Boiler Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.WATER TUBE INDUSTRIAL BOILER MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.WATER TUBE INDUSTRIAL BOILER MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.WATER TUBE INDUSTRIAL BOILER MARKET - GLOBAL MARKET ANALYSIS
6.1.WATER TUBE INDUSTRIAL BOILER - GLOBAL MARKET OVERVIEW
6.2.WATER TUBE INDUSTRIAL BOILER - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.WATER TUBE INDUSTRIAL BOILER MARKET - REVENUE AND FORECASTS TO 2028 " TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.BABCOCK AND WILCOX BOILER
7.3.1.Overview
7.3.2.Babcock and Wilcox Boiler Market Forecast and Analysis
7.4.STIRLING BOILER
7.4.1.Overview
7.4.2.Stirling Boiler Market Forecast and Analysis
7.5.SIMPLE VERTICAL BOILER
7.5.1.Overview
7.5.2.Simple Vertical Boiler Market Forecast and Analysis
8.WATER TUBE INDUSTRIAL BOILER MARKET - REVENUE AND FORECASTS TO 2028 " FUEL
8.1.OVERVIEW
8.2.FUEL MARKET FORECASTS AND ANALYSIS
8.3.COAL
8.3.1.Overview
8.3.2.Coal Market Forecast and Analysis
8.4.OIL
8.4.1.Overview
8.4.2.Oil Market Forecast and Analysis
8.5.NATURAL GAS
8.5.1.Overview
8.5.2.Natural Gas Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.WATER TUBE INDUSTRIAL BOILER MARKET - REVENUE AND FORECASTS TO 2028 " CAPACITY
9.1.OVERVIEW
9.2.CAPACITY MARKET FORECASTS AND ANALYSIS
9.3.< 10 MMBTU/HR
9.3.1.Overview
9.3.2.< 10 MMbtu/hr Market Forecast and Analysis
9.4.10-25 MMBTU/HR
9.4.1.Overview
9.4.2.10-25 MMbtu/hr Market Forecast and Analysis
9.5.25-50 MMBTU/HR
9.5.1.Overview
9.5.2.25-50 MMbtu/hr Market Forecast and Analysis
9.6.50-75 MMBTU/HR
9.6.1.Overview
9.6.2.50-75 MMbtu/hr Market Forecast and Analysis
9.7.75-100 MMBTU/HR
9.7.1.Overview
9.7.2.75-100 MMbtu/hr Market Forecast and Analysis
9.8.100-175 MMBTU/HR
9.8.1.Overview
9.8.2.100-175 MMbtu/hr Market Forecast and Analysis
9.9.175-250 MMBTU/HR
9.9.1.Overview
9.9.2.175-250 MMbtu/hr Market Forecast and Analysis
9.10.> 250 MMBTU/HR
9.10.1.Overview
9.10.2.> 250 MMbtu/hr Market Forecast and Analysis
10.WATER TUBE INDUSTRIAL BOILER MARKET - REVENUE AND FORECASTS TO 2028 " APPLICATION
10.1.OVERVIEW
10.2.APPLICATION MARKET FORECASTS AND ANALYSIS
10.3.HOSPITAL AND HEALTHCARE
10.3.1.Overview
10.3.2.Hospital and Healthcare Market Forecast and Analysis
10.4.POWER AND UTILITIES
10.4.1.Overview
10.4.2.Power and Utilities Market Forecast and Analysis
10.5.REFINERIES
10.5.1.Overview
10.5.2.Refineries Market Forecast and Analysis
10.6.PETROCHEMICAL
10.6.1.Overview
10.6.2.Petrochemical Market Forecast and Analysis
10.7.PULP AND PAPER
10.7.1.Overview
10.7.2.Pulp and Paper Market Forecast and Analysis
10.8.FOOD PROCESSING
10.8.1.Overview
10.8.2.Food Processing Market Forecast and Analysis
11.WATER TUBE INDUSTRIAL BOILER MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Water Tube Industrial Boiler Market Overview
11.1.2North America Water Tube Industrial Boiler Market Forecasts and Analysis
11.1.3North America Water Tube Industrial Boiler Market Forecasts and Analysis - By Type
11.1.4North America Water Tube Industrial Boiler Market Forecasts and Analysis - By Fuel
11.1.5North America Water Tube Industrial Boiler Market Forecasts and Analysis - By Capacity
11.1.6North America Water Tube Industrial Boiler Market Forecasts and Analysis - By Application
11.1.7North America Water Tube Industrial Boiler Market Forecasts and Analysis - By Countries
11.1.7.1United States Water Tube Industrial Boiler Market
11.1.7.1.1United States Water Tube Industrial Boiler Market by Type
11.1.7.1.2United States Water Tube Industrial Boiler Market by Fuel
11.1.7.1.3United States Water Tube Industrial Boiler Market by Capacity
11.1.7.1.4United States Water Tube Industrial Boiler Market by Application
11.1.7.2Canada Water Tube Industrial Boiler Market
11.1.7.2.1Canada Water Tube Industrial Boiler Market by Type
11.1.7.2.2Canada Water Tube Industrial Boiler Market by Fuel
11.1.7.2.3Canada Water Tube Industrial Boiler Market by Capacity
11.1.7.2.4Canada Water Tube Industrial Boiler Market by Application
11.1.7.3Mexico Water Tube Industrial Boiler Market
11.1.7.3.1Mexico Water Tube Industrial Boiler Market by Type
11.1.7.3.2Mexico Water Tube Industrial Boiler Market by Fuel
11.1.7.3.3Mexico Water Tube Industrial Boiler Market by Capacity
11.1.7.3.4Mexico Water Tube Industrial Boiler Market by Application
11.2.EUROPE
11.2.1Europe Water Tube Industrial Boiler Market Overview
11.2.2Europe Water Tube Industrial Boiler Market Forecasts and Analysis
11.2.3Europe Water Tube Industrial Boiler Market Forecasts and Analysis - By Type
11.2.4Europe Water Tube Industrial Boiler Market Forecasts and Analysis - By Fuel
11.2.5Europe Water Tube Industrial Boiler Market Forecasts and Analysis - By Capacity
11.2.6Europe Water Tube Industrial Boiler Market Forecasts and Analysis - By Application
11.2.7Europe Water Tube Industrial Boiler Market Forecasts and Analysis - By Countries
11.2.7.1Germany Water Tube Industrial Boiler Market
11.2.7.1.1Germany Water Tube Industrial Boiler Market by Type
11.2.7.1.2Germany Water Tube Industrial Boiler Market by Fuel
11.2.7.1.3Germany Water Tube Industrial Boiler Market by Capacity
11.2.7.1.4Germany Water Tube Industrial Boiler Market by Application
11.2.7.2France Water Tube Industrial Boiler Market
11.2.7.2.1France Water Tube Industrial Boiler Market by Type
11.2.7.2.2France Water Tube Industrial Boiler Market by Fuel
11.2.7.2.3France Water Tube Industrial Boiler Market by Capacity
11.2.7.2.4France Water Tube Industrial Boiler Market by Application
11.2.7.3Italy Water Tube Industrial Boiler Market
11.2.7.3.1Italy Water Tube Industrial Boiler Market by Type
11.2.7.3.2Italy Water Tube Industrial Boiler Market by Fuel
11.2.7.3.3Italy Water Tube Industrial Boiler Market by Capacity
11.2.7.3.4Italy Water Tube Industrial Boiler Market by Application
11.2.7.4Spain Water Tube Industrial Boiler Market
11.2.7.4.1Spain Water Tube Industrial Boiler Market by Type
11.2.7.4.2Spain Water Tube Industrial Boiler Market by Fuel
11.2.7.4.3Spain Water Tube Industrial Boiler Market by Capacity
11.2.7.4.4Spain Water Tube Industrial Boiler Market by Application
11.2.7.5United Kingdom Water Tube Industrial Boiler Market
11.2.7.5.1United Kingdom Water Tube Industrial Boiler Market by Type
11.2.7.5.2United Kingdom Water Tube Industrial Boiler Market by Fuel
11.2.7.5.3United Kingdom Water Tube Industrial Boiler Market by Capacity
11.2.7.5.4United Kingdom Water Tube Industrial Boiler Market by Application
11.2.7.6Russia Water Tube Industrial Boiler Market
11.2.7.6.1Russia Water Tube Industrial Boiler Market by Type
11.2.7.6.2Russia Water Tube Industrial Boiler Market by Fuel
11.2.7.6.3Russia Water Tube Industrial Boiler Market by Capacity
11.2.7.6.4Russia Water Tube Industrial Boiler Market by Application
11.2.7.7Rest of Europe Water Tube Industrial Boiler Market
11.2.7.7.1Rest of Europe Water Tube Industrial Boiler Market by Type
11.2.7.7.2Rest of Europe Water Tube Industrial Boiler Market by Fuel
11.2.7.7.3Rest of Europe Water Tube Industrial Boiler Market by Capacity
11.2.7.7.4Rest of Europe Water Tube Industrial Boiler Market by Application
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Water Tube Industrial Boiler Market Overview
11.3.2Asia-Pacific Water Tube Industrial Boiler Market Forecasts and Analysis
11.3.3Asia-Pacific Water Tube Industrial Boiler Market Forecasts and Analysis - By Type
11.3.4Asia-Pacific Water Tube Industrial Boiler Market Forecasts and Analysis - By Fuel
11.3.5Asia-Pacific Water Tube Industrial Boiler Market Forecasts and Analysis - By Capacity
11.3.6Asia-Pacific Water Tube Industrial Boiler Market Forecasts and Analysis - By Application
11.3.7Asia-Pacific Water Tube Industrial Boiler Market Forecasts and Analysis - By Countries
11.3.7.1Australia Water Tube Industrial Boiler Market
11.3.7.1.1Australia Water Tube Industrial Boiler Market by Type
11.3.7.1.2Australia Water Tube Industrial Boiler Market by Fuel
11.3.7.1.3Australia Water Tube Industrial Boiler Market by Capacity
11.3.7.1.4Australia Water Tube Industrial Boiler Market by Application
11.3.7.2China Water Tube Industrial Boiler Market
11.3.7.2.1China Water Tube Industrial Boiler Market by Type
11.3.7.2.2China Water Tube Industrial Boiler Market by Fuel
11.3.7.2.3China Water Tube Industrial Boiler Market by Capacity
11.3.7.2.4China Water Tube Industrial Boiler Market by Application
11.3.7.3India Water Tube Industrial Boiler Market
11.3.7.3.1India Water Tube Industrial Boiler Market by Type
11.3.7.3.2India Water Tube Industrial Boiler Market by Fuel
11.3.7.3.3India Water Tube Industrial Boiler Market by Capacity
11.3.7.3.4India Water Tube Industrial Boiler Market by Application
11.3.7.4Japan Water Tube Industrial Boiler Market
11.3.7.4.1Japan Water Tube Industrial Boiler Market by Type
11.3.7.4.2Japan Water Tube Industrial Boiler Market by Fuel
11.3.7.4.3Japan Water Tube Industrial Boiler Market by Capacity
11.3.7.4.4Japan Water Tube Industrial Boiler Market by Application
11.3.7.5South Korea Water Tube Industrial Boiler Market
11.3.7.5.1South Korea Water Tube Industrial Boiler Market by Type
11.3.7.5.2South Korea Water Tube Industrial Boiler Market by Fuel
11.3.7.5.3South Korea Water Tube Industrial Boiler Market by Capacity
11.3.7.5.4South Korea Water Tube Industrial Boiler Market by Application
11.3.7.6Rest of Asia-Pacific Water Tube Industrial Boiler Market
11.3.7.6.1Rest of Asia-Pacific Water Tube Industrial Boiler Market by Type
11.3.7.6.2Rest of Asia-Pacific Water Tube Industrial Boiler Market by Fuel
11.3.7.6.3Rest of Asia-Pacific Water Tube Industrial Boiler Market by Capacity
11.3.7.6.4Rest of Asia-Pacific Water Tube Industrial Boiler Market by Application
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Water Tube Industrial Boiler Market Overview
11.4.2Middle East and Africa Water Tube Industrial Boiler Market Forecasts and Analysis
11.4.3Middle East and Africa Water Tube Industrial Boiler Market Forecasts and Analysis - By Type
11.4.4Middle East and Africa Water Tube Industrial Boiler Market Forecasts and Analysis - By Fuel
11.4.5Middle East and Africa Water Tube Industrial Boiler Market Forecasts and Analysis - By Capacity
11.4.6Middle East and Africa Water Tube Industrial Boiler Market Forecasts and Analysis - By Application
11.4.7Middle East and Africa Water Tube Industrial Boiler Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Water Tube Industrial Boiler Market
11.4.7.1.1South Africa Water Tube Industrial Boiler Market by Type
11.4.7.1.2South Africa Water Tube Industrial Boiler Market by Fuel
11.4.7.1.3South Africa Water Tube Industrial Boiler Market by Capacity
11.4.7.1.4South Africa Water Tube Industrial Boiler Market by Application
11.4.7.2Saudi Arabia Water Tube Industrial Boiler Market
11.4.7.2.1Saudi Arabia Water Tube Industrial Boiler Market by Type
11.4.7.2.2Saudi Arabia Water Tube Industrial Boiler Market by Fuel
11.4.7.2.3Saudi Arabia Water Tube Industrial Boiler Market by Capacity
11.4.7.2.4Saudi Arabia Water Tube Industrial Boiler Market by Application
11.4.7.3U.A.E Water Tube Industrial Boiler Market
11.4.7.3.1U.A.E Water Tube Industrial Boiler Market by Type
11.4.7.3.2U.A.E Water Tube Industrial Boiler Market by Fuel
11.4.7.3.3U.A.E Water Tube Industrial Boiler Market by Capacity
11.4.7.3.4U.A.E Water Tube Industrial Boiler Market by Application
11.4.7.4Rest of Middle East and Africa Water Tube Industrial Boiler Market
11.4.7.4.1Rest of Middle East and Africa Water Tube Industrial Boiler Market by Type
11.4.7.4.2Rest of Middle East and Africa Water Tube Industrial Boiler Market by Fuel
11.4.7.4.3Rest of Middle East and Africa Water Tube Industrial Boiler Market by Capacity
11.4.7.4.4Rest of Middle East and Africa Water Tube Industrial Boiler Market by Application
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Water Tube Industrial Boiler Market Overview
11.5.2South and Central America Water Tube Industrial Boiler Market Forecasts and Analysis
11.5.3South and Central America Water Tube Industrial Boiler Market Forecasts and Analysis - By Type
11.5.4South and Central America Water Tube Industrial Boiler Market Forecasts and Analysis - By Fuel
11.5.5South and Central America Water Tube Industrial Boiler Market Forecasts and Analysis - By Capacity
11.5.6South and Central America Water Tube Industrial Boiler Market Forecasts and Analysis - By Application
11.5.7South and Central America Water Tube Industrial Boiler Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Water Tube Industrial Boiler Market
11.5.7.1.1Brazil Water Tube Industrial Boiler Market by Type
11.5.7.1.2Brazil Water Tube Industrial Boiler Market by Fuel
11.5.7.1.3Brazil Water Tube Industrial Boiler Market by Capacity
11.5.7.1.4Brazil Water Tube Industrial Boiler Market by Application
11.5.7.2Argentina Water Tube Industrial Boiler Market
11.5.7.2.1Argentina Water Tube Industrial Boiler Market by Type
11.5.7.2.2Argentina Water Tube Industrial Boiler Market by Fuel
11.5.7.2.3Argentina Water Tube Industrial Boiler Market by Capacity
11.5.7.2.4Argentina Water Tube Industrial Boiler Market by Application
11.5.7.3Rest of South and Central America Water Tube Industrial Boiler Market
11.5.7.3.1Rest of South and Central America Water Tube Industrial Boiler Market by Type
11.5.7.3.2Rest of South and Central America Water Tube Industrial Boiler Market by Fuel
11.5.7.3.3Rest of South and Central America Water Tube Industrial Boiler Market by Capacity
11.5.7.3.4Rest of South and Central America Water Tube Industrial Boiler Market by Application
12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13.WATER TUBE INDUSTRIAL BOILER MARKET, KEY COMPANY PROFILES
13.1.FORBES MARSHALL
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.MITSUBISHI HITACHI POWER SYSTEMS
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.THERMAX
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.BHARAT HEAVY ELECTRICALS LIMITED
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.BABCOCK AND WILCOX
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.DOOSAN
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.FULTON
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.AMEC FOSTER WHEELER
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.SIEMENS
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.HURST BOILER
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments
14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS
1.Forbes Marshall
2.Mitsubishi Hitachi Power Systems
3.Thermax
4.Bharat Heavy Electricals Limited
5.Babcock and Wilcox
6.Doosan
7.Fulton
8.AMEC Foster Wheeler
9.Siemens
10.Hurst Boiler
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.