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The global boiler control market was valued at USD 1.71 billion in 2017; it is projected to reach USD 2.42 billion by 2023, at a CAGR of 6.09%, during the forecast period.
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Boiler Control Market by Boiler Type, Control Type, Component, End-User, and Region- Global Forecast to 2023 www.MarketsandMarkets.com
Water tube segment is expected to be the largest boiler control market, by boiler type, in 2018. The water tube segment is expected to be the largest of the boiler control market, by type, in 2018. Water tube boilers are widely used in large industries such as chemical, power generation plants, mining, and oil & gas to generate steam on a large scale. Higher efficiency compared to fire tube boilers along with higher operating pressure for steam generation are the key drivers for the growth of the water tube boilers in the boiler control market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=246150295
The industrial segment is expected to hold the largest share of the boiler control market, by application, during the forecast period. The industrial segment of the global boiler control market is expected to grow at a fast pace, during the forecast period. This can be attributed to the rapid growth in the population in developing regions such as the Middle East and Asia Pacific along with rising urbanization across the world. An increasing focus on replacement of aging power plants with new high efficient control systems along with rising investments in solar power generation, and implementing artificial intelligence in boiler control systems in the power sector to track parameters such as temperature, flame shape, and reduction of carbon footprint are the major drivers of the industrial segment. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=246150295
Browse >> 71market data tables 31figures 123 pagesand in-depth TOC on “Boiler Control Market by Boiler Type, Control Type, Component, End-User, and Region- Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific: Largest boiler control market during the forecast period. In this report, the boiler control market has been analyzed with respect to 5 regions, namely, Asia Pacific, North America, Europe, the Middle East, Africa, and South America. Asia Pacific is the largest boiler control market, by region, during the forecast period. Rising urbanization and proliferation of electrification, rising investments in power generation, and growing focus on optimizing energy usage are expected to drive boiler control market in this region. China, India, and Australia are the leading countries, among others, which are likely to contribute to the growth of the boiler control market in Asia Pacific. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=246150295
Target Audience: • The target audience of this report includes: • Boiler control manufacturing companies • Boiler component manufacturers and suppliers • Consulting companies in power sector • Government and research organizations • Electric utilities • State- or government-owned corporations. • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=246150295
Key players – • The key Players profiled in this report are: • Siemens (Germany), • ABB (Switzerland), • Cleaver-Brooks (US), • Emerson (US), • Yokogawa (Japan). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=246150295
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