Market Research Report

Industrial Process Heating System Equipment Market, Global Outlook and Forecast 2023-2029

  • AMR ID : 7-11134
  • CAT ID : 10
  • Pages : 142
  • Date : Jun 2023
 

The global Industrial Process Heating System Equipment market was valued at US$ 37320 million in 2022 and is projected to reach US$ 52430 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key manufacturers of Industrial Process Heating System Equipment include Dongfang Boiler, Mitsubishi Power and Harbin Boiler, Andritz, Shanghai Boiler, Danieli, SMS, Babcock & Wilcox, Xizi Clean Energy (Hangzhou Boiler), etc. The top eight palyers each have a market share of more than 1%, accounting for about 15% of the market in total.
Asia-pacific is the world's largest market, accounting for about 50%. It is followed by Europe and North America with about 22% and 20%, respectively.
In terms of product, it can be divided into Fuel-based Heating, Electric-based Heating, Steam-based Heating, and others. Fuel-based Heating has the highest market share at about 41%. After that comes Steam-based Heating, at about 38%.
Industrial Process Heating System Equipment is widely used in power generation, metallurgy, chemical and petrochemical, general manufacturing and other industries. General manufacturing is the main downstream industry, accounting for about 39%.
Industrial process heat is thermal energy used to produce, treat, or alter manufactured goods. Process heat provides the energy necessary for creating almost everything we use every day, such as power, textiles, cement, steel, composites, plastics, and glass.
There are several primary types of heat used in industrial processing: fossil fuel, steam, electric, etc.
This report aims to provide a comprehensive presentation of the global market for Industrial Process Heating System Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Process Heating System Equipment. This report contains market size and forecasts of Industrial Process Heating System Equipment in global, including the following market information:
Global Industrial Process Heating System Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Process Heating System Equipment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Process Heating System Equipment Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Industrial Process Heating System Equipment Market Segment Percentages, by Type, 2022 (%)
Fuel-based Heating
Electric-based Heating
Steam-based Heating
Others
Global Industrial Process Heating System Equipment Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Industrial Process Heating System Equipment Market Segment Percentages, by Application, 2022 (%)
Power Generation
Metallurgy
Chemical and Petrochemical
General Manufacturing
Others
Global Industrial Process Heating System Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Industrial Process Heating System Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Process Heating System Equipment revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Industrial Process Heating System Equipment revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dongfang Boiler
Mitsubishi Power
Harbin Boiler
Andritz
Shanghai Boiler
Danieli
SMS
Babcock & Wilcox
Xizi Clean Energy (Hangzhou Boiler)
Tenova
Sumitomo Heavy Industries (SHI)
Jinan Boiler
ALD
Huaguang Boiler
Sichuan Chuanguo Boiler
Aichelin Group
Inductotherm Corp
Weiss Technik
Ipsen
Jiangsu Yanxin
Chromalox
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Process Heating System Equipment, market overview.
Chapter 2: Global Industrial Process Heating System Equipment market size in revenue.
Chapter 3: Detailed analysis of Industrial Process Heating System Equipment company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Process Heating System Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
1.1 Industrial Process Heating System Equipment Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Industrial Process Heating System Equipment Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Industrial Process Heating System Equipment Overall Market Size
2.1 Global Industrial Process Heating System Equipment Market Size: 2022 VS 2029
2.2 Global Industrial Process Heating System Equipment Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Industrial Process Heating System Equipment Players in Global Market
3.2 Top Global Industrial Process Heating System Equipment Companies Ranked by Revenue
3.3 Global Industrial Process Heating System Equipment Revenue by Companies
3.4 Top 3 and Top 5 Industrial Process Heating System Equipment Companies in Global Market, by Revenue in 2022
3.5 Global Companies Industrial Process Heating System Equipment Product Type
3.6 Tier 1, Tier 2 and Tier 3 Industrial Process Heating System Equipment Players in Global Market
3.6.1 List of Global Tier 1 Industrial Process Heating System Equipment Companies
3.6.2 List of Global Tier 2 and Tier 3 Industrial Process Heating System Equipment Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Industrial Process Heating System Equipment Market Size Markets, 2022 & 2029
4.1.2 Fuel-based Heating
4.1.3 Electric-based Heating
4.1.4 Steam-based Heating
4.1.5 Others
4.2 By Type - Global Industrial Process Heating System Equipment Revenue & Forecasts
4.2.1 By Type - Global Industrial Process Heating System Equipment Revenue, 2018-2023
4.2.2 By Type - Global Industrial Process Heating System Equipment Revenue, 2024-2029
4.2.3 By Type - Global Industrial Process Heating System Equipment Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Industrial Process Heating System Equipment Market Size, 2022 & 2029
5.1.2 Power Generation
5.1.3 Metallurgy
5.1.4 Chemical and Petrochemical
5.1.5 General Manufacturing
5.1.6 Others
5.2 By Application - Global Industrial Process Heating System Equipment Revenue & Forecasts
5.2.1 By Application - Global Industrial Process Heating System Equipment Revenue, 2018-2023
5.2.2 By Application - Global Industrial Process Heating System Equipment Revenue, 2024-2029
5.2.3 By Application - Global Industrial Process Heating System Equipment Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Industrial Process Heating System Equipment Market Size, 2022 & 2029
6.2 By Region - Global Industrial Process Heating System Equipment Revenue & Forecasts
6.2.1 By Region - Global Industrial Process Heating System Equipment Revenue, 2018-2023
6.2.2 By Region - Global Industrial Process Heating System Equipment Revenue, 2024-2029
6.2.3 By Region - Global Industrial Process Heating System Equipment Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Industrial Process Heating System Equipment Revenue, 2018-2029
6.3.2 US Industrial Process Heating System Equipment Market Size, 2018-2029
6.3.3 Canada Industrial Process Heating System Equipment Market Size, 2018-2029
6.3.4 Mexico Industrial Process Heating System Equipment Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Industrial Process Heating System Equipment Revenue, 2018-2029
6.4.2 Germany Industrial Process Heating System Equipment Market Size, 2018-2029
6.4.3 France Industrial Process Heating System Equipment Market Size, 2018-2029
6.4.4 U.K. Industrial Process Heating System Equipment Market Size, 2018-2029
6.4.5 Italy Industrial Process Heating System Equipment Market Size, 2018-2029
6.4.6 Russia Industrial Process Heating System Equipment Market Size, 2018-2029
6.4.7 Nordic Countries Industrial Process Heating System Equipment Market Size, 2018-2029
6.4.8 Benelux Industrial Process Heating System Equipment Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Industrial Process Heating System Equipment Revenue, 2018-2029
6.5.2 China Industrial Process Heating System Equipment Market Size, 2018-2029
6.5.3 Japan Industrial Process Heating System Equipment Market Size, 2018-2029
6.5.4 South Korea Industrial Process Heating System Equipment Market Size, 2018-2029
6.5.5 Southeast Asia Industrial Process Heating System Equipment Market Size, 2018-2029
6.5.6 India Industrial Process Heating System Equipment Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Industrial Process Heating System Equipment Revenue, 2018-2029
6.6.2 Brazil Industrial Process Heating System Equipment Market Size, 2018-2029
6.6.3 Argentina Industrial Process Heating System Equipment Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Industrial Process Heating System Equipment Revenue, 2018-2029
6.7.2 Turkey Industrial Process Heating System Equipment Market Size, 2018-2029
6.7.3 Israel Industrial Process Heating System Equipment Market Size, 2018-2029
6.7.4 Saudi Arabia Industrial Process Heating System Equipment Market Size, 2018-2029
6.7.5 UAE Industrial Process Heating System Equipment Market Size, 2018-2029
7 Industrial Process Heating System Equipment Companies Profiles
7.1 Dongfang Boiler
7.1.1 Dongfang Boiler Company Summary
7.1.2 Dongfang Boiler Business Overview
7.1.3 Dongfang Boiler Industrial Process Heating System Equipment Major Product Offerings
7.1.4 Dongfang Boiler Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.1.5 Dongfang Boiler Key News & Latest Developments
7.2 Mitsubishi Power
7.2.1 Mitsubishi Power Company Summary
7.2.2 Mitsubishi Power Business Overview
7.2.3 Mitsubishi Power Industrial Process Heating System Equipment Major Product Offerings
7.2.4 Mitsubishi Power Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.2.5 Mitsubishi Power Key News & Latest Developments
7.3 Harbin Boiler
7.3.1 Harbin Boiler Company Summary
7.3.2 Harbin Boiler Business Overview
7.3.3 Harbin Boiler Industrial Process Heating System Equipment Major Product Offerings
7.3.4 Harbin Boiler Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.3.5 Harbin Boiler Key News & Latest Developments
7.4 Andritz
7.4.1 Andritz Company Summary
7.4.2 Andritz Business Overview
7.4.3 Andritz Industrial Process Heating System Equipment Major Product Offerings
7.4.4 Andritz Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.4.5 Andritz Key News & Latest Developments
7.5 Shanghai Boiler
7.5.1 Shanghai Boiler Company Summary
7.5.2 Shanghai Boiler Business Overview
7.5.3 Shanghai Boiler Industrial Process Heating System Equipment Major Product Offerings
7.5.4 Shanghai Boiler Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.5.5 Shanghai Boiler Key News & Latest Developments
7.6 Danieli
7.6.1 Danieli Company Summary
7.6.2 Danieli Business Overview
7.6.3 Danieli Industrial Process Heating System Equipment Major Product Offerings
7.6.4 Danieli Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.6.5 Danieli Key News & Latest Developments
7.7 SMS
7.7.1 SMS Company Summary
7.7.2 SMS Business Overview
7.7.3 SMS Industrial Process Heating System Equipment Major Product Offerings
7.7.4 SMS Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.7.5 SMS Key News & Latest Developments
7.8 Babcock & Wilcox
7.8.1 Babcock & Wilcox Company Summary
7.8.2 Babcock & Wilcox Business Overview
7.8.3 Babcock & Wilcox Industrial Process Heating System Equipment Major Product Offerings
7.8.4 Babcock & Wilcox Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.8.5 Babcock & Wilcox Key News & Latest Developments
7.9 Xizi Clean Energy (Hangzhou Boiler)
7.9.1 Xizi Clean Energy (Hangzhou Boiler) Company Summary
7.9.2 Xizi Clean Energy (Hangzhou Boiler) Business Overview
7.9.3 Xizi Clean Energy (Hangzhou Boiler) Industrial Process Heating System Equipment Major Product Offerings
7.9.4 Xizi Clean Energy (Hangzhou Boiler) Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.9.5 Xizi Clean Energy (Hangzhou Boiler) Key News & Latest Developments
7.10 Tenova
7.10.1 Tenova Company Summary
7.10.2 Tenova Business Overview
7.10.3 Tenova Industrial Process Heating System Equipment Major Product Offerings
7.10.4 Tenova Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.10.5 Tenova Key News & Latest Developments
7.11 Sumitomo Heavy Industries (SHI)
7.11.1 Sumitomo Heavy Industries (SHI) Company Summary
7.11.2 Sumitomo Heavy Industries (SHI) Business Overview
7.11.3 Sumitomo Heavy Industries (SHI) Industrial Process Heating System Equipment Major Product Offerings
7.11.4 Sumitomo Heavy Industries (SHI) Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.11.5 Sumitomo Heavy Industries (SHI) Key News & Latest Developments
7.12 Jinan Boiler
7.12.1 Jinan Boiler Company Summary
7.12.2 Jinan Boiler Business Overview
7.12.3 Jinan Boiler Industrial Process Heating System Equipment Major Product Offerings
7.12.4 Jinan Boiler Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.12.5 Jinan Boiler Key News & Latest Developments
7.13 ALD
7.13.1 ALD Company Summary
7.13.2 ALD Business Overview
7.13.3 ALD Industrial Process Heating System Equipment Major Product Offerings
7.13.4 ALD Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.13.5 ALD Key News & Latest Developments
7.14 Huaguang Boiler
7.14.1 Huaguang Boiler Company Summary
7.14.2 Huaguang Boiler Business Overview
7.14.3 Huaguang Boiler Industrial Process Heating System Equipment Major Product Offerings
7.14.4 Huaguang Boiler Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.14.5 Huaguang Boiler Key News & Latest Developments
7.15 Sichuan Chuanguo Boiler
7.15.1 Sichuan Chuanguo Boiler Company Summary
7.15.2 Sichuan Chuanguo Boiler Business Overview
7.15.3 Sichuan Chuanguo Boiler Industrial Process Heating System Equipment Major Product Offerings
7.15.4 Sichuan Chuanguo Boiler Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.15.5 Sichuan Chuanguo Boiler Key News & Latest Developments
7.16 Aichelin Group
7.16.1 Aichelin Group Company Summary
7.16.2 Aichelin Group Business Overview
7.16.3 Aichelin Group Industrial Process Heating System Equipment Major Product Offerings
7.16.4 Aichelin Group Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.16.5 Aichelin Group Key News & Latest Developments
7.17 Inductotherm Corp
7.17.1 Inductotherm Corp Company Summary
7.17.2 Inductotherm Corp Business Overview
7.17.3 Inductotherm Corp Industrial Process Heating System Equipment Major Product Offerings
7.17.4 Inductotherm Corp Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.17.5 Inductotherm Corp Key News & Latest Developments
7.18 Weiss Technik
7.18.1 Weiss Technik Company Summary
7.18.2 Weiss Technik Business Overview
7.18.3 Weiss Technik Industrial Process Heating System Equipment Major Product Offerings
7.18.4 Weiss Technik Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.18.5 Weiss Technik Key News & Latest Developments
7.19 Ipsen
7.19.1 Ipsen Company Summary
7.19.2 Ipsen Business Overview
7.19.3 Ipsen Industrial Process Heating System Equipment Major Product Offerings
7.19.4 Ipsen Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.19.5 Ipsen Key News & Latest Developments
7.20 Jiangsu Yanxin
7.20.1 Jiangsu Yanxin Company Summary
7.20.2 Jiangsu Yanxin Business Overview
7.20.3 Jiangsu Yanxin Industrial Process Heating System Equipment Major Product Offerings
7.20.4 Jiangsu Yanxin Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.20.5 Jiangsu Yanxin Key News & Latest Developments
7.21 Chromalox
7.21.1 Chromalox Company Summary
7.21.2 Chromalox Business Overview
7.21.3 Chromalox Industrial Process Heating System Equipment Major Product Offerings
7.21.4 Chromalox Industrial Process Heating System Equipment Revenue in Global Market (2018-2023)
7.21.5 Chromalox Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

 
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