North America Advanced Boilers Market

“The advanced boiler in North America market was estimated to be $504.90 billion by 2014, and is forecasted to reach $520.51 billion by 2019. It is expected to grow, at a CAGR of 0.6%, from 2014 to 2019. The demand of ultra-super critical boiler is very high with a value of $56.65 billion in North America”.

“North America has the market share for advanced boilers with a market value of $504.90 billion. The region is characterized with continuous technically innovative applications in various types of the advanced boilers with the presence of top service providers, such as General Electric Energy (U.S.), Siemens (Germany), and Babcock & Wilcox (U.S.) The region witnesses the highest share of ultra-supercritical boilers with value of $56.65 billion, and is expected to grow by $68.47 billion by 2019 at CAGR of 4%, from 2014 to 2019”.

“The report ‘North America Advanced Boiler Market forecast, 2014-2019’ analyzes the advanced boiler market by types. In terms of types, the report is segmented into various types of advanced boilers such as subcritical radiant boiler, supercritical boiler, and ultra-supercritical boilers”.

“Ultra-supercritical boiler holds around 11% share of the advanced boiler market. Increase in the industrialization is a driver for this market. This region has huge potential for this particular market because of the rising demand of power and huge industrialization in developing countries”.

“The report also provides an extensive competitive landscaping of companies operating in the advanced boilers. Some of the key players operating in the market are Mitsubishi Hitachi, Siemens, and Babcock & Wilcox. North America market shares, new product or service launches, M&A, and the product portfolio of the key market players have been detailed in the report”. Read more https://www.micromarketmonitor.com/market/north-america-advanced-boilers-9508673128.html

Micromarketmonitor, 2014,“North America Advanced Boilers Market“retrieved from https://www.micromarketmonitor.com/market/north-america-advanced-boilers-9508673128.html

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