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Boiler Control Solutions Market By type (Water tube boiler, Fire tube boiler) By Application type (Industrial, Commercial) By Control Solution ((On/Off) cycling controls, High/Low fire controls, Modulating controls) By Component (Hardware, Software, Services) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2028

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Published: | Report ID: 2746 | Report Format : PDF

About this report

The Boiler control solutions market report explores the critical analysis of the industry using key parameters. The report consists of investment strategies, the need for investments in the Boiler control solutions market industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Boiler control solutions market industry, as well as how economic and non-economic barriers are helping the Boiler control solutions market grow. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter’s five forces analysis, PESTEL analysis, value chain analysis, etc.

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Key Highlights of the report

How are the major segments performing in the Boiler control solutions Market?

  • In 2021, water tube boilers will be the leading segment in the boiling control solutions market. Due to its high efficiency with higher operating pressure for steam generation expected to grow water tube boilers.       
  • In 2021, the industrial sector will be the leading segment of the boiler control solutions market due to the increased need for machine learning to control the temperature of heating systems. Moreover, the rising investment in pharmaceuticals and other industrial processes drives growth in the boiler control solutions market. 
  • In 2021, the modulating controls segment in control solution led the market due to improved boiler operation, higher efficiency with improving safety conditions, and reduced risk in boiler access. These factors are contributing to the segment’s expansion. 
  • In 2021, the hardware category will be the fastest growing component segment of the market due to the increasing number of automation projects in power plants and the rising demand for industrial processes in the boiling control solutions market.
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Which Region dominated the Boiler control solutions Market?

In 2021, Asia Pacific dominated the market share in the global boiler control solutions market. The increasing population leads to rising power generation, mostly in countries like India, China, Japan and others. Rapid industrial development and a rising number of power plants are expected to demand emerging economies in the Asia Pacific. This Region has become the global production of various manufacturing and processing industries. The Asia Pacific has seen growth and is expected to provide the Boiler control solutions market suppliers and several opportunities. In the Asia Pacific, rising investment and a growing focus on energy equipment for the industrial sector are expected to grow the boiler control solutions market in this Region. 

What is the competitive environment of the Boiler control solutions Market?

The boiler control solutions industry’s competitive environment offers information on the total economic profit made by suppliers and businesses, the sales and revenues produced in this sector, the boiler control solutions market share globally, the business organization overview, the introduction of new products, partnerships, collaborations, acquisitions, and the opportunities for the industrial boiler control solutions market. For instance, in August 2022, ABB ltd and Hydrogen Optimized Inc. (HOI) announced the extension of their partnership. This partnership supports the ABB’s global footprints in high-power rectifiers, distributed control systems and manufacturing automation. 

Executive Summary

What are all technical developments being developed in the Boiler Control Solutions Market?

Technical development for the boiler control solutions is in artificial intelligence. The expansion of the worldwide smart devices industry is being driven by an increase in demand for intelligent systems to boost productivity and efficiency. For instance, in January 2022, Honeywell International Inc launched its new ControlEdge HC900 Controller. It is an advanced loop and logic controller providing a modular design to fulfill the control and data management requirements of a wide range of process equipment.

Which are the key investments by the players in the Boiler Control Solutions Market?

Boiler control solutions have been used in various industries due to their exceptional advantages and capacity to be adaptable in any setting. Various investments are made throughout the market players. For instance, in May 2022, the Bosch group announced it would invest more than USD 300 million in the heat-pump business by 2025. Similarly, in January 2022, the group announced it would spend USD 664 million in the North American region.

Some of the major players in the market are ABB Ltd, Honeywell International Inc., Schneider Electric SE Bosch Ltd, Yokogawa Electric Corporation, Cleaver-Brooks. Inc., Emerson Electric Co, Weil-McLain (Shandong) Cast-Iron-Boiler Co., Ltd, Siemens AG, HBX Control Systems Inc., and Spirax-Sarco Engineering plc.

What are the Major Driving Factors for the Boiler control solutions Market?

Adoption in the power generation sector is the major factor in the boiler control solution market growth. The increasing industrial development and rapid globalization are also growing market demand. Industrial boilers are the main Component of a power generation plant because it is needed highly to produce boiler control at large enhancing boiler efficiency is increased demand for power generation. Furthermore, investments made by the government in power generation projects are also expected to grow in the boiler control solution market. Increasing demand for automation to improve the performance of boiler control is the major driver of the global Boiler control solutions market. These factors are expected to drive the growth of the Boiler control solutions market. 

What are the Major Risks for the Boiler control solutions Market?

The high initial investment associated with the power plants is the major restraint of the boiler control solution market. Furthermore, the lack of skilled personnel is expected to hamper the market growth. Additionally, the pandemic might restrain this market from growing in international markets. These factors are restraining the growth of the Boiler control solutions market.  

Which is the key Control Solution in the Market Boiler control solutions Market

The control solution segment is classified into (On/Off) cycling controls, High/Low fire control and Modulating control. The modulating control segment is expected to grow due to the rising boiler control solutions market demand for energy-saving control systems and reduced risks in boiler access. Furthermore, the software segment is expected to grow the boiling control solutions market during the forecast periods because it provides remote access to control and monitor boiler operation.  

How is the Boiler Control Solutions Market performing in regions?

In 2021, Asia Pacific dominated the market share in the global boiler control solutions market. Rapid industrial development and a rising number of power plants are expected to demand emerging economies in the Asia Pacific. This Region has become the global production of various manufacturing and processing industries. The increasing population leads to rising power generation, mostly in countries like India, China, Japan and others. In the Asia Pacific, rising investment and a growing focus on energy equipment for the industrial sector are expected to grow the boiler control solutions market in the Asia-Pacific region. The Asia Pacific has seen growth and is expected to provide the Boiler control solutions market suppliers and several opportunities.

The North American Region is expected to grow considerably due to the expansion of production industries, investment in projects and increasing demand for energy expected to grow in the energy and power sector. Moreover, the companies are invested in boiler control solutions to manage their operations and may be offered to the profitable market for the boiler. These factors are expected to increase the growth of the Boiler control solutions market in the North American Region.

What is the regulatory landscape for the Boiler control solutions Market?

The regulatory landscape for this market is that governments are applied many standards for boiler control systems and other solutions. For instance, IEC 61508, UL60730, SIL, and others are necessary for manufacturers to avoid the circumstances related to system failures and other issues. Besides that, these standards vary from manufacturer to manufacturer and their market presence. Furthermore, governments in many countries such as U.S., Germany, France, and others support the developments and advancements in boiler control solutions which are expected to drive the global boiler control solutions market during the forecast period.

What is the Market Size of the Boiler control solutions regarding value?

The boiler control solutions market is anticipated to grow at a substantial CAGR of 5.90% in the upcoming years. The global boiler control solutions market industry was estimated to be worth USD 1,948.4 million in 2021 and was expected to be worth USD 2,748.23 million by 2028.

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What are the major players planning for the future of the Boiler control solutions Market?

The key players in the boiler control solutions market invest heavily in numerous cutting-edge technologies, including digital boiler control, advanced interface, and others. Additionally, the future scenarios indicate that well-known market players would make major investments in start-ups and medium-sized businesses to provide effective solutions to the industry. There are high predictions that the major players will acquire or merge with the major companies or start-ups to gain a competitive edge.

Segmentation of Global Boiler control solutions Market-

Boiler control solutions market– By type

  • Water tube boiler
  • Fire tube boiler

 Boiler control solutions market– By Application type

  • Industrial 
  • Commercial 

Boiler control solutions market– By Control Solution

  • (On/Off) cycling controls 
  • High/Low fire controls
  • Modulating controls 

Boiler control solutions market– By Component

  • Hardware
  •  Software
  •  Services  

 Boiler control solutions Market– By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Boiler Control Solutions Market
2.2. Global Boiler Control Solutions Market, By Type
2.3. Global Boiler Control Solutions Market, By Application type
2.4. Global Boiler Control Solutions Market, By Control Solution type
2.5. Global Boiler Control Solutions Market, By Component
2.6. Global Boiler Control Solutions Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Boiler Control Solutions Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Control Solution
3.3.4. Component
3.3.5. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend
5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted By Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. COVID 19 Impact Analysis
6.1. Global Boiler Control Solutions Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply

7. Global Boiler Control Solutions Market
7.1. Global Boiler Control Solutions Market, By Type, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Global Boiler Control Solutions Market, By Type, 2021 vs 2028 (in%)
7.1.3. Global Boiler Control Solutions Market, By Water Tube Boiler, 2016-2028 (US$ Bn)
7.1.4. Global Boiler Control Solutions Market, By Fire Tube Boiler, 2016-2028 (US$ Bn)
7.2. Global Boiler Control Solutions Market, By Application, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Global Boiler Control Solutions Market, By Industrial, 2021 vs 2028 (in%)
7.2.3. Global Boiler Control Solutions Market, By Commercial, 2016-2028 (US$ Bn)
7.3. Global Boiler Control Solutions Market, By Control Solution, 2016-2028 (US$ Bn)
7.3.1. Overview
7.3.2. Global Boiler Control Solutions Market, By (On/Off) Cycling Controls, 2021 vs 2028 (in%)
7.3.3. Global Boiler Control Solutions Market, By High/Low Fire Controls, 2016-2028 (US$ Bn)
7.3.4. Global Boiler Control Solutions Market, By Modulating Controls, 2016-2028 (US$ Bn)
7.4. Global Boiler Control Solutions Market, By Component, 2016-2028(US$ Bn)
7.4.1. Overview
7.4.2. Global Boiler Control Solutions Market, By Hardware, 2021 vs 2028 (in%)
7.4.3. Global Boiler Control Solutions Market, By Software, 2016-2028 (US$ Bn)
1.1.1. Global Boiler Control Solutions Market, By Services, 2016-2028 (US$ Bn)

8. North America Boiler Control Solutions Market Analysis
8.1. North America Boiler Control Solutions Market By Type, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Boiler Control Solutions Market By Application, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Boiler Control Solutions Market By Control Solution, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Boiler Control Solutions Market By Component, 2016-2028(US$ Bn)
8.4.1. Overview
8.4.2. SRC Analysis
8.5. North America Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
8.5.1. U.S.
8.5.1.1. U.S. Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.5.1.2. U.S. Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
8.5.1.3. U.S. Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
8.5.1.4. U.S. Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
8.5.1.5. U.S. Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
8.5.1.6. Canada
8.5.1.7. Canada Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.5.1.8. Canada Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
8.5.1.9. Canada Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
8.5.1.10. Canada Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
8.5.1.11. Canada Boiler Control Solutions By Component, 2016-2028 (US$ Bn)

9. Europe Boiler Control Solutions Market Analysis
9.1. Europe Boiler Control Solutions Market By Type, 2016-2028(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Boiler Control Solutions Market By Application, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Boiler Control Solutions Market By Control Solution, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Europe Boiler Control Solutions Market By Component, 2016-2028(US$ Bn)
9.4.1. Overview
9.4.2. SRC Analysis
9.5. Europe Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
9.5.1. Germany
9.5.1.1. Germany Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.1.2. Germany Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
9.5.1.3. Germany Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
9.5.1.4. Germany Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
9.5.1.5. Germany Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
9.5.2. France
9.5.2.1. France Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.2.2. France Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
9.5.2.3. France Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
9.5.2.4. France Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
9.5.2.5. France Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
9.5.3. UK
9.5.3.1. UK Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.3.2. UK Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
9.5.3.3. UK Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
9.5.3.4. UK Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
9.5.3.5. UK Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
9.5.4. Italy
9.5.4.1. Italy Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.4.2. Italy Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
9.5.4.3. Italy Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
9.5.4.4. Italy Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
9.5.4.5. Italy Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
9.5.5. Spain
9.5.5.1. Spain Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.5.2. Spain Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
9.5.5.3. Spain Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
9.5.5.4. Spain Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
9.5.5.5. Spain Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
9.5.6. Rest of Europe
9.5.6.1. Rest of Europe Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.6.2. Rest of Europe Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
9.5.6.3. Rest of Europe Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
9.5.6.4. Rest of Europe Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
9.5.6.5. Rest of Europe Boiler Control Solutions By Component, 2016-2028 (US$ Bn)

10. Asia Pacific Boiler Control Solutions Market Analysis
10.1. Asia Pacific Boiler Control Solutions Market By Type, 2016-2028(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Boiler Control Solutions Market By Application, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Boiler Control Solutions Market By Control Solution, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Boiler Control Solutions Market By Component, 2016-2028(US$ Bn)
10.4.1. Overview
10.4.2. SRC Analysis
10.5. Asia Pacific Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
10.5.1. China
10.5.1.1. China Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.1.2. China Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
10.5.1.3. China Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
10.5.1.4. China Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
10.5.1.5. China Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
10.5.2. Japan
10.5.2.1. Japan Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.2.2. Japan Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
10.5.2.3. Japan Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
10.5.2.4. Japan Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
10.5.2.5. Japan Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
10.5.3. India
10.5.3.1. India Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.3.2. India Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
10.5.3.3. India Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
10.5.3.4. India Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
10.5.3.5. India Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
10.5.4. South Korea
10.5.4.1. South Korea Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.4.2. South Korea Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
10.5.4.3. South Korea Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
10.5.4.4. South Korea Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
10.5.4.5. South Korea Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
10.5.5. South-East Asia
10.5.5.1. South-East Asia Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.5.2. South-East Asia Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
10.5.5.3. South-East Asia Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
10.5.5.4. South-East Asia Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
10.5.5.5. South-East Asia Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
10.5.6. Rest of Asia Pacific
10.5.6.1. Rest of Asia Pacific Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.6.2. Rest of Asia Pacific Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
10.5.6.3. Rest of Asia Pacific Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
10.5.6.4. Rest of Asia Pacific Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
10.5.6.5. Rest of Asia Pacific Boiler Control Solutions By Component, 2016-2028 (US$ Bn)

11. Latin America Boiler Control Solutions Market Analysis
11.1. Latin America Boiler Control Solutions Market By Type, 2016-2028(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Boiler Control Solutions Market By Application, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Boiler Control Solutions Market By Control Solution, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Boiler Control Solutions Market By Component, 2016-2028(US$ Bn)
11.4.1. Overview
11.4.2. SRC Analysis
11.5. Latin America Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
11.5.1. Brazil
11.5.1.1. Brazil Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.5.1.2. Brazil Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
11.5.1.3. Brazil Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
11.5.1.4. Brazil Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
11.5.1.5. Brazil Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
11.5.2. Mexico
11.5.2.1. Mexico Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.5.2.2. Mexico Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
11.5.2.3. Mexico Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
11.5.2.4. Mexico Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
11.5.2.5. Mexico Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
11.5.3. Rest of Latin America
11.5.3.1. Rest of Latin America Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.5.3.2. Rest of Latin America Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
11.5.3.3. Rest of Latin America Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
11.5.3.4. Rest of Latin America Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
11.5.3.5. Rest of Latin America Boiler Control Solutions By Component, 2016-2028 (US$ Bn)

12. Middle East and Africa Boiler Control Solutions Market Analysis
12.1. Middle East and Africa Boiler Control Solutions Market By Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Boiler Control Solutions Market By Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Boiler Control Solutions Market By Control Solution, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Boiler Control Solutions Market By Component, 2016-2028(US$ Bn)
12.4.1. Overview
12.4.2. SRC Analysis
12.5. Middle East and Africa Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
12.5.1. GCC Countries
12.5.1.1. GCC Countries Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.5.1.2. GCC Countries Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
12.5.1.3. GCC Countries Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
12.5.1.4. GCC Countries Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
12.5.1.5. GCC Countries Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
12.5.2. South Africa
12.5.2.1. South Africa Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.5.2.2. South Africa Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
12.5.2.3. South Africa Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
12.5.2.4. South Africa Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
12.5.2.5. South Africa Boiler Control Solutions By Component, 2016-2028 (US$ Bn)
12.5.3. Rest of Middle East and Africa
12.5.3.1. Rest of Middle East and Africa Boiler Control Solutions Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.5.3.2. Rest of Middle East and Africa Boiler Control Solutions By Type, 2016-2028 (US$ Bn)
12.5.3.3. Rest of Middle East and Africa Boiler Control Solutions By Application, 2016-2028 (US$ Bn)
12.5.3.4. Rest of Middle East and Africa Boiler Control Solutions By Control Solution, 2016-2028 (US$ Bn)
12.5.3.5. Rest of Middle East and Africa Boiler Control Solutions By Component, 2016-2028 (US$ Bn)

13. Company Profiles
13.1. Siemens (Germany)
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. ABB Ltd.
13.3. Honeywell International Inc.
13.4. Schneider Electric SE
13.5. Bosch Ltd
13.6. Yokogawa Electric Corporation
13.7. Cleaver-Brooks Inc.
13.8. Emerson Electric Co.
13.9. Well-McLain (Shandong) Cast-Iron-Boiler Co.
13.10. Ltd Siemens AG
13.11. HBX Control Systems Inc.
13.12. Spirax-Sarco Engineering plc.

List of Figures

FIG. 1 Global Boiler Control Solutions Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Boiler Control Solutions Market Segmentation
FIG. 4 Global Boiler Control Solutions Market, By Type, 2021 (US$ Bn)
FIG. 5 Global Boiler Control Solutions Market, By Application, 2021 (US$ Bn)
FIG. 6 Global Boiler Control Solutions Market, By Control Solution, 2021 (US$ Bn)
FIG. 7 Global Boiler Control Solutions Market, By Component, 2021 (US$ Bn)
FIG. 8 Global Boiler Control Solutions Market, By Geography, 2021 (US$ Bn)
FIG. 9 Attractive Investment Proposition, By Type, 2021
FIG. 10 Attractive Investment Proposition, By Application, 2021
FIG. 11 Attractive Investment Proposition, By Control Solution, 2021
FIG. 12 Attractive Investment Proposition, By Component, 2021
FIG. 13 Attractive Investment Proposition, By Geography, 2021
FIG. 14 Global Market Share Analysis of Key Boiler Control Solutions Market Manufacturers, 2021
FIG. 15 Global Boiler Control Solutions Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 16 Global Boiler Control Solutions Market, By Water Tube Boiler, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Boiler Control Solutions Market, By Fire Tube Boiler, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Boiler Control Solutions Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 19 Global Boiler Control Solutions Market, By Industrial, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Boiler Control Solutions Market, By Commercial, Value, 2016-2028 (US$ Bn)
FIG. 21 Global Boiler Control Solutions Market Value Contribution, By Control Solution, 2021 & 2028 (Value %)
FIG. 22 Global Boiler Control Solutions Market, By (On/Off) Cycling Controls, Value, 2016-2028 (US$ Bn)
FIG. 23 Global Boiler Control Solutions Market, By High/Low Fire Controls, Value, 2016-2028 (US$ Bn)
FIG. 24 Global Boiler Control Solutions Market, By Modulating Controls, Value, 2016-2028 (US$ Bn)
FIG. 25 Global Boiler Control Solutions Market Value Contribution, By Component, 2021 & 2028 (Value %)
FIG. 26 Global Boiler Control Solutions Market, By Hardware, Value, 2016-2028 (US$ Bn)
FIG. 27 Global Boiler Control Solutions Market, By Software, Value, 2016-2028 (US$ Bn)
FIG. 28 Global Boiler Control Solutions Market, By Services, Value, 2016-2028 (US$ Bn)
FIG. 29 U.S.Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 30 Canada Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 31 Germany Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 32 France Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 33 U.K.Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 34 Italy Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 35 Spain Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 36 Rest of Europe Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 37 China Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 38 Japan Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 39 India Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 40 South Korea Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 41 Southeast Asia Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 42 Rest of Asia PacificBoiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 43 Latin America Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 44 Brazil Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 45 Mexico Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 46 Rest of Latin America Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 47 Middle East & Africa Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 48 GCC Countries Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 49 South Africa Boiler Control Solutions Market 2016-2028 (US$ Bn)
FIG. 50 Rest of Middle East and Africa Boiler Control Solutions Market 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Boiler Control Solutions Market
TABLE 2 Global Boiler Control Solutions Market, By Competitive Benchmarking, 2021
TABLE 3 Global Boiler Control Solutions Market, By Geographical Presence Analysis, 2021
TABLE 4 Global Boiler Control Solutions Market, By Key Strategies Analysis, 2021
TABLE 5 Global Boiler Control Solutions Market, By Type, 2016-2028 (US$ Bn)
TABLE 6 Global Boiler Control Solutions Market, By Application, 2016-2028 (US$ Bn)
TABLE 7 Global Boiler Control Solutions Market, By Control Solution, 2016-2028 (US$ Bn)
TABLE 8 Global Boiler Control Solutions Market, By Component, 2016-2028 (US$ Bn)
TABLE 9 Global Boiler Control Solutions Market, By Geography, 2016-2028 (US$ Bn)
TABLE 10 North America Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 11 North America Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 12 North America Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 13 North America Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 14 North America Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
TABLE 15 US Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 16 US Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 17 US Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 18 US Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 19 Canada Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 20 Canada Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 21 Canada Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 22 Canada Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 23 Europe Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 24 Europe Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 25 Europe Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 26 Europe Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 27 Europe Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
TABLE 28 Germany Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 29 Germany Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 30 Germany Boiler Control Solutions Market By Control Solution , 2016-2028 (US$ Bn)
TABLE 31 Germany Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 32 France Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 33 France Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 34 France Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 35 France Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 36 UK Boiler Control Solutions Market By Type , 2016-2028 (US$ Bn)
TABLE 37 UK Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 38 UK Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 39 UK Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 40 Italy Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 41 Italy Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 42 Italy Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 43 Italy Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 44 Spain Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 45 Spain Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 46 Spain Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 47 Spain Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 48 Rest of Europe Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 49 Rest of Europe Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 50 Rest of Europe Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 51 Rest of Europe Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 52 Asia Pacific Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 53 Asia Pacific Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 54 Asia Pacific Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 55 Asia Pacific Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 56 Asia Pacific Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
TABLE 57 China Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 58 China Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 59 China Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 60 China Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 61 Japan Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 62 Japan Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 63 Japan Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 64 Japan Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 65 India Boiler Control Solutions Market By Type , 2016-2028 (US$ Bn)
TABLE 66 India Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 67 India Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 68 India Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 69 South Korea Boiler Control Solutions Market By Type , 2016-2028 (US$ Bn)
TABLE 70 South Korea Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 71 South Korea Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 72 South Korea Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 73 South East Asia Boiler Control Solutions Market By Type , 2016-2028 (US$ Bn)
TABLE 74 South East Asia Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 75 South East Asia Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 76 South East Asia Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 77 Rest of Asia Pacific Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 78 Rest of Asia Pacific Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 79 Rest of Asia Pacific Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 80 Rest of Asia Pacific Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 81 Latin America Boiler Control Solutions Market By Type , 2016-2028 (US$ Bn)
TABLE 82 Latin America Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 83 Latin America Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 84 Latin America Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 85 Latin America Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
TABLE 86 Brazil Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 87 Brazil Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 88 Brazil Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 89 Brazil Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 90 Mexico Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 91 Mexico Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 92 Mexico Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 93 Mexico Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 94 Rest of Latin America Boiler Control Solutions Market By Type , 2016-2028 (US$ Bn)
TABLE 95 Rest of Latin America Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 96 Rest of Latin America Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 97 Rest of Latin America Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 98 Middle East and Africa Boiler Control Solutions Market By Type , 2016-2028 (US$ Bn)
TABLE 99 Middle East and Africa Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 100 Middle East and Africa Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 101 Middle East and Africa Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 102 Middle East and Africa Boiler Control Solutions Market By Country, 2016-2028 (US$ Bn)
TABLE 103 GCC Countries Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 104 GCC Countries Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 105 GCC Countries Boiler Control Solutions Market By Control Solution type, 2016-2028 (US$ Bn)
TABLE 106 GCC Countries Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 107 South Africa Boiler Control Solutions Market By Type , 2016-2028 (US$ Bn)
TABLE 108 South Africa Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 109 South Africa Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 110 South Africa Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)
TABLE 111 Rest of Middle East and Africa Boiler Control Solutions Market By Type, 2016-2028 (US$ Bn)
TABLE 112 Rest of Middle East and Africa Boiler Control Solutions Market By Application, 2016-2028 (US$ Bn)
TABLE 113 Rest of Middle East and Africa Boiler Control Solutions Market By Control Solution, 2016-2028 (US$ Bn)
TABLE 114 Rest of Middle East and Africa Boiler Control Solutions Market By Component, 2016-2028 (US$ Bn)

Frequently Asked Questions

Which key factors will influence the boiler control solutions market growth over 2022-2028?

Adoption in the power generation sector is the major factor in the boiler control solution market growth. The increasing industrial development and rapid globalization are also growing market demand. Industrial boilers are the main Component of a power generation plant because it is needed highly to produce boiler control at large enhancing boiler efficiency is increased demand for power generation.

What will be the value of the boiler control solutions market during 2022-2028?

The boiler control solutions market is anticipated to grow at a substantial CAGR of 5.90% in the upcoming years. The global boiler control solutions market industry was estimated to be worth USD 1,948.4 billion in 2021 and was expected to be worth USD 2,748.23 billion by 2028.

Which region will contribute notably towards the boiler control solutions market value?

The increasing population leads to rising power generation, mostly in countries like India, China, Japan and others. Rapid industrial development and a rising number of power plants are expected to demand emerging economies in the Asia Pacific.

Which are the significant players leveraging the boiler control solutions market growth?

The main competitors dominating the global boiler control solutions market include ABB Ltd, Honeywell International Inc., Schneider Electric SE Bosch Ltd, Yokogawa Electric Corporation, Cleaver-Brooks. Inc., Emerson Electric Co, Weil-McLain (Shandong), Cast-Iron-Boiler Co., Ltd, Siemens AG, HBX Control Systems Inc., and Spirax-Sarco Engineering plc.

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