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Steam Boiler System Market by Component, Type, Fuel, End-user, and Region- Global Forecast to 2023

The global steam boiler system market is projected to reach a market size of USD 21.63 billion by 2023, at a CAGR of 4.13%, from an estimated USD 17.66 billion in 2018. This growth can be attributed to the increase in the use of steam boilers in manufacturing and process industry globally. Moreover, to support the rise in demand for power from manufacturing industries new power plants are being setup which is further increasing the demand for steam boiler system.

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Steam Boiler System Market by Component, Fuel, End-user, and Region- Global Forecast to 2023

The global steam boiler system market was valued at USD 17.14 billion in 2017 and is projected to reach USD 21.63 billion by 2023, at a CAGR of 4.13% during the forecast period.

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Biomass fired steam boiler - PowerPoint PPT Presentation

Steam Boiler System Market by Component, Type, Fuel, End-user, and Region- Global Forecast to 2023

Steam Boiler System Market by Component, Fuel, End-user, and Region- Global Forecast to 2023