Report features a detailed segmentation with market growth forecasts from 2017 to 2025. 2016 has been considered the base year and 2016 the estimated year, while all forecasts have been given for the period from 2016 to 2024.
Albany, NY -- (SBWIRE) -- 06/27/2017 -- In recent years, the increased adoption of reverse flame steam boilers across the power industry has been encouraged by the need for improved energy efficiency of power plant and encouraging government incentives. Also, the rising inclination to boilers which are powered on cleaner energy sources such as natural gas and biomass has become one of the key factors motivating the global market for reverse flame steam boilers. To explore the various facets and in-depth analysis of the market, analysts have prepared a study titled as "Reverse Flame Steam Boiler Market- Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025". The study has been broadcasted to the online repository of Market Research Hub (MRH), offering detailed insights into the reverse flame steam boilers business in Europe.
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According to the key findings, Europe market for reverse flame steam boilers projected to register a CAGR of 4.85% from 2017 to 2025, rising from a valuation of US$92.70 million in 2016 to US$142.18 million by 2025. These boilers continue to witness strong demand across a number of industries in this region.
Nowadays, various steam boilers offered by the manufacturers has the smoke tube type, three pass designs making them efficient and free from any hazard. These boiler is integrating unique innovative principle of combustion known as 'Reverse flame', which rises combustion efficiency and allows a high rate of heat flux with larger heating surface area. It is excellent for use in power plants owing to easy operationality and easy modulation of pressure and temperature controls. The most noticeable drivers include growing energy demand, government support, better efficiency, growing food & beverage industry etc.
The study provides a comprehensive view of the Europe reverse flame steam boilers market by dividing it into capacity, end-use, and country. By capacity, the reverse flame steam boilers market has been segmented into up to 100 KW, 101 KW-1,000 KW and 1,001 KW & above. Of these, the immense usage of the boilers with 1,001 KW and above capacity in refineries and the power industry owing to their high output and better specification making it a growing segment. In 2016, the segment of 1,001 KW and above capacity held the prevailing share of 44.43% in the Europe.
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In terms of end-use, the reverse flame steam boilers market has been classified into food, chemical, refineries, primary metals, power plants, and others. These segments have been scrutinized based on historic, current and future trends, and the market has been estimated in terms of revenue (US$ Mn) between 2017 and 2025. Country segmentation includes the current and forecast demand for reverse flame steam boilers in Europe. Key European countries such as the U.K., Germany, France, Spain and Italy have been included in the study. In Italy, biomass-fired reverse flame steam boilers are in high demand.
Additionally, the study offers the analyzation of the competitive landscape through the overview of key manufacturers operating in the European reverse flame boiler market are Atlantic Boilers, ICI Caldaie S.p.A., Byworth Boilers, ATTSU, BoilerTech Pty Ltd, Bosch Industriekessel GmbH and others.
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