A boiler is an equipment designed to transfer heat to a fluid (water, natural gas, oil, etc.) until it is suitable for use. 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.
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.
The Low Pressure Boilers Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Low Pressure Boilers industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Low Pressure Boilers by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Low Pressure Boilers market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Low Pressure Boilers market for 2015-2027.
Key Companies
Bosch Industriekessel GmbH
Forbes Marshall
Walchandnagar Industries
Bharat Heavy Electricals
Viessmann Werke
Hurst Boiler & Welding
S. Boiler Company
Baxi Heating
Taishan Group
Unilux Advanced Manufacturing
Fulton Boiler Works
Burnham Commercial
Low Pressure Boilers Market by Type
By Installation Mode
Horizontal Low Pressure Boiler
Vertical Low Pressure Boiler
By Tube
Water-Tube Low Pressure Boiler
Fire-Tube Low Pressure Boiler
Low Pressure Boilers Market by Application
Commercial
Residential
Industrial
Low Pressure Boilers Market by Region
United States
Europe
China
Japan
Other Regions
Low Pressure Boilers Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
At the same time, we classify Low Pressure Boilers according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Low Pressure Boilers market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Low Pressure Boilers market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Low Pressure Boilers market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Low Pressure Boilers market for the forecast period 2021 - 2027?
• What are the driving forces in the Low Pressure Boilers market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Low Pressure Boilers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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