The fluidized bed boilers are used for burning solid fuels using fluidized bed combustion technology. The rapid mixing ensures temperature uniformity. These boilers are used for heat generation through incineration of municipal waste, sewage plant sludge, biomass, agricultural waste, and other high moisture fuels. Companies are focusing on design and manufacturing of boilers in the forecast period.
MARKET DYNAMICS
The fluidized bed boiler market is anticipated to grow in the forecast period owing to driving factors such as excellent emission performance and wide fuel flexibility. Also, demand for clean combustion technology further is likely to propel the market growth. However, the agglomeration problem is a significant challenge faced by the fluidized bed boiler market. On the other hand, recent technological developments in the circulating fluidized bed boilers are expected to offer lucrative opportunities for the key players of the fluidized bed boiler market during the forecast period.
MARKET SCOPE
The "Global Fluidized Bed Boiler Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of fluidized bed boiler market with detailed market segmentation by boiler type, end user, and geography. The global fluidized bed boiler market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fluidized bed boiler market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fluidized bed boiler market is segmented on the basis of boiler type and end user. Based on boiler type, the market is segmented as bubbling fluidized bed and boiler circulating fluidized bed boiler. On the basis of the end user, the market is segmented as agriculture, government, commercial, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fluidized bed boiler market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The fluidized bed 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 fluidized bed boiler market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the fluidized bed boiler market in these regions.
MARKET PLAYERS
The reports cover key developments in the fluidized bed 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 partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from fluidized bed boiler market are anticipated to lucrative growth opportunities in the future with the rising demand for fluidized bed boiler in the global market. Below mentioned is the list of few companies engaged in the fluidized bed boiler market.
The report also includes the profiles of key fluidized bed boiler companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ANDRITZ AG
- Babcock and Wilcox Enterprises Inc.
- Doosan Heavy Industries and Construction
- GENERAL ELECTRIC
- Kovosta fluid a.s.
- Mitsubishi Hitachi Power Systems Ltd.
- SHI FW ENERGIA FAKOP Sp. z o.o.
- Sumitomo Heavy Industries Ltd. and Sumitomo SHI FW
- Valmet Corporation
- Wuxi Zozen Boilers Co. LTD