Steam Boiler System Market Size, Share & Trends Analysis Report to 2023: Bosch, GE, Alfa Laval, Thermax, Cochran
Global Steam Boiler System Market Overview
The steam boiler system market is expected to grow from an estimated USD 17.66 billion in 2018 to USD 21.63 billion by 2023, at a CAGR of 4.13%. Increase in demand for electricity is forcing the National Governments to increase power generation capacity by setting up new power plants which is driving the demand for steam boiler system in power plants....
Steam Boiler System Market Is Expected to Grow with a CAGR of 4.13% During the Forecast Period, 2018-2023
The global steam boiler system market, by value, is projected to reach USD 21.63 billion by 2023, at a CAGR of 4.13%, from an estimated USD 17.66 billion in 2018. The growth of the steam boiler system market is mainly driven by the increased usage of steam boilers across various end-user industries such as power generation, oil & gas, chemical, process industries, and metal and mining. The chemical...