New study titled “Low Pressure Boilers Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 – 2025” presents a comprehensive regional assessment and detailed segmental analysis
Low Pressure Boilers Market: Introduction
A boiler is an equipment designed to transfer heat to a fluid (water, natural gas, oil, etc.) until it is suitable for use. This heat is transferred in an enclosed chamber or container. The heated, warm and vaporized fluid that comes out from a boiler can be used for various applications, including power generation, central heating, cooking, laundry and sanitation. On the basis of pressure, there are two types of boilers, namely high pressure and low-pressure boilers and the major difference between the two is the amount of pressure per square inch or pounds per square inch gauge that the boiler produces. A low-pressure boiler exerts a maximum pressure of 160 pounds per square inch for water and 15 pounds per square inch for steam. In recent times, low-pressure boilers are being used extensively in construction, which are designed to heat the room through radiators. These types of buildings include schools, offices, hospitals, restaurants. They are also used to heat water for bathrooms as well as to create steam and heat rooms in buildings in cold countries.
Low Pressure Boilers Market: Dynamics
Growth in industrialization and automation in many countries is one of the major drivers for the global low-pressure boilers market. Moreover, growing demand for efficient heating solutions with reduced operational cost will trigger the replacement of previously mounted heating systems in industrial as well as residential applications. This will impact the growth of the global low-pressure boiler market positively during the forecast period. Also, factors, such as increasing expenditure in the food & beverage processing industry, rise in the installation of energy-efficient heating systems and decreasing dependency on fossil fuels, are driving the global market for low-pressure boilers.
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However, low-pressure boilers are expensive and their complex arrangement requires skilled labour. Moreover, the design and arrangement also vary from industry to industry and depending on the requirement. This may restrain the growth of the low-pressure boilers market in the near future.
Low Pressure Boilers Market: Segmentation Segmentation of the low pressure boilers market on the basis of the application: Residential Industrial (Food, Paper, Refinery, Chemical, Primary Metals) Commercial (Offices, Institutions, Healthcare Facilities, Lodgings, Retail) Others (Locomotives, etc.) Segmentation of the low pressure boilers market on the basis of the fuel type: Coal Oil Electric Others Segmentation of the low pressure boilers market on the basis of the type: Horizontal Low Pressure Boiler Vertical Low Pressure Boiler Segmentation of the low pressure boilers market on the basis of the product type: Water-tube Low Pressure Boilers Fire-tube Low Pressure Boilers
Low Pressure Boilers Market: Regional Outlook
North America, followed by Asia Pacific, holds a major share in the global casted low-pressure boiler market, owing to the presence of various end user industries in this region. North America and Asia Pacific are estimated to hold almost half the total share of the global low pressure boiler market. Europe and North America are projected to be major consumers, owing to the presence of established OEM players in this region. However, Asia Pacific is expected to show significant growth during the forecast period, owing to the growing demand from the dependent sector and government initiatives in countries, such as India and China, to promote manufacturing, which will also contribute towards the growth of this market. The rest of the world is estimated to account for a relatively small share of the low-pressure boilers market.
Low Pressure Boilers Market: Market Participants
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Examples of some of the market participants operating across the value chain of the global low pressure boilers market are: Bosch Industriekessel GmbH Forbes Marshall Walchandnagar Industries Limited (WIL) Bharat Heavy Electricals Limited Viessmann Werke GmbH & Co. KG Hurst Boiler & Welding Co, Inc. S. Boiler Company, Inc. Baxi Heating UK Limited Taishan Group Co., Ltd Unilux Advanced Manufacturing, LLC Fulton Boiler Works, Inc. Burnham Commercial
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report covers exhaustive analysis on: Market Segments Market Dynamics Market Size Supply & Demand Current Trends and Issues and Challenges Competition & Companies involved Technology Value Chain
Regional analysis includes North America (U.S., Canada) Latin America (Brazil, Mexico, Rest Of Latin America) Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg) Eastern Europe (Poland, Russia, Rest Of Eastern Europe) Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand) Japan Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights: Detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance Must-have information for market players to sustain and enhance their market footprint.
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