Global Boiler Combustion Chamber Market Scenario
Boiler combustion chamber market is expected to reach USD 1.23 billion by 2025 with 3.91% CAGR.
The pulverized fuel combustion (PFC) process had captured a market share of nearly 55% in 2016. It is universally adopted for large-scale power plants. The process includes powdered coal. It helps to increase the exposure area of combustion. The powdered form of coal is blown into the furnace by using hot air, and secondary air is provided in the combustion chamber to allow complete combustion of the fuel. Secondary air causes turbulence that enables the uniform mixing of air and fuel. The process allows combustion to happen at a faster rate with higher efficiency. Boiler manufacturers widely adopt the fluidized bed combustion (FBC) process. The fluidization process is a procedure to mix air and fuel in a defined proportion to obtain complete combustion of solid particles.
The global market companies are increasingly dependent on electronic gadgets such as smartphones, smart automation, and others, which is likely to fuel the demand for power in the coming years. The mature U.S. market is witnessing a shift in the fuel used for power generation. It has led to the growth of renewable fuels to generate electricity as they are profitable in terms of cost, efficiency, and economies of scale. Some countries like North America are witnessing the shutdown of coal plants to cut down on carbon emissions. Also, the availability of cheap natural gas provides better opportunities for the operators concerning the production cost.
A boiler combustion chamber is designed to withstand extremely high temperatures of up to 4,000 degrees Fahrenheit. These chambers also hold heat firings so that once the boiler is started, it will not have to work so hard to generate the same amount of heat. A combustion chamber is the extension of a boiler furnace, in which volatile hydrocarbons react. The heat that is produced due to combustion is absorbed by the steam boiler surface at the top of the combustion chamber. Various fire baffles and bricks walls are provided in the combustion chamber to ensure that the air mixes properly with combustible gases.
The key factors driving the growth of boiler combustion chamber market are rapid advancements in technology, improvement in fuel economy, and reduction of CO2 emissions. According to the John Controls 2018 Energy Efficiency Survey, organizations in the US are planning to increase investments in energy efficiency in smart cities to ensure energy cost savings, energy security, and greenhouse gas footprint reduction. These initiatives would result in a high demand for boiler combustion chambers in several industries including the power generation industry. Moreover, the increasing awareness regarding energy conservation will prompt an increase in the installation of equipment that ensure energy conservation, which is expected to drive the global boiler combustion market. However, the lack of protocol regarding boiler combustion chambers can pose a restraint to the global market.
Key Players
The key players in the global boiler combustion chamber market are Rex Materials, Inc. (US), SAACKE GmbH (Germany), Yanmar (Japan), Siemens (Germany), Toshiba Corporation (Japan), Skipperseil (India), PMF Industries, Inc. (US), Trojan Energy Systems, Inc. (US), Grayd-A Metal Fabricators (US), and Design Integrated Technology, Inc. (US).
Recent Developments
- The U.S. government plans to withdraw its largest coal-fired plant in Massachusetts, U.S.A. It is being observed that similar trends have been observed in Maryland, the U.S. Here, the state government is planning to reduce its dependency on coal-based power and has plans to raise tax credits for plants, which efficiently dispose of carbon emissions. The carbon tax bill proposed by the U.S. will increase tax credits for power plants.
Global boiler combustion chamber market has been segmented based on type, application, and region. On the basis of type, it is segmented into tube combustion chamber, annular combustion chamber, and joint combustion chamber. Tube combustor chamber segment is expected to be the fastest growing segment during the forecast period. Based on application, the boiler combustion chamber market has been segmented into vehicles, aircraft & rocket, marine, and others. The vehicles segment is expected to dominate the boiler combustion chamber market during the forecast period.
On the basis of region, the global boiler combustion chamber market is segmented as Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. In 2018, Asia-Pacific was the largest market for boiler combustion chamber, followed by North America and Europe. China and India are expected to be the largest markets for boiler combustion chambers owing to the significant investments being made in the automobile and marine industries in these countries. The boiler combustion chamber market is also growing at a steady pace in countries such as the US, Australia, and Germany due to the increasing investments in renewable power generation and oil and gas-fired power generation.
Intended Audience
The intended audience in the global boiler combustion chamber market are:
- Boiler combustion chamber manufacturers and distributors
- Power generation companies
- Turbine manufacturers and distributors
- Engine manufacturers and distributors
- Environmental research institutes
- Manufacturing industry
- Government and research organizations
- Consulting companies in power sector
Report Attribute/Metric |
Details |
Market Size |
2025: USD 1.23 billion 2030 : Significant value |
CAGR |
3.91% CAGR (2022-2030) |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Historical Data |
2019 & 2020 |
Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Application |
Geographies Covered |
North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors |
Rex Materials, Inc. (US), SAACKE GmbH (Germany), Yanmar (Japan), Siemens (Germany), Toshiba Corporation (Japan), Skipperseil (India), PMF Industries, Inc. (US), Trojan Energy Systems, Inc. (US), Grayd-A Metal Fabricators (US), and Design Integrated Technology, Inc. (US |
Key Market Opportunities |
Growing at a steady pace in countries such as the US, Australia, and Germany |
Key Market Drivers |
Rapid advancements in technology Improvement in fuel economy Reduction of CO2 emissions |
Frequently Asked Questions (FAQ) :
Skipperseil (India), PMF Industries, Inc. (US), Toshiba Corporation (Japan), Grayd-A Metal Fabricators (US), and Trojan Energy Systems, Inc. (US) are the market players.
The largest regional market contribution is from the PAC region in the forecast period.
A 3.91% CAGR is predicted to augment market growth in the upcoming period.
An upsurge in the installation of equipment is projected to motivate the market in the forthcoming period.
The lack of protocol concerning boiler combustion chambers is projected to put off the market developments.
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