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Industry Research
Boilers and Steam Generators Industry Research Report 2026
Market perspective
The global Boilers and Steam Generators market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Boilers and Steam Generators is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Boilers and Steam Generators is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Boilers and Steam Generators is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Boilers and Steam Generators include among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Boilers and Steam Generators market in revenue (US$ million) and, where applicable, sales volume (k units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Boilers and Steam Generators.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Boilers and Steam Generators Market by Company
GE
Atlas Copco
Vestas
Enercon
Caterpillar
ABB
Bosch
Ingersoll Rand
Kirloskar
Boilers and Steam Generators Segment by Type
Vertical
Horizontal
Boilers and Steam Generators Segment by Application
Oil & Gas
Power
Food & Beverage
Textile
Pulp and Paper
Others
Boilers and Steam Generators Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Boilers and Steam Generators market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Boilers and Steam Generators and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Boilers and Steam Generators.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Boilers and Steam Generators manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Boilers and Steam Generators by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Boilers and Steam Generators 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, and production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Vertical
- Horizontal
Applications
- Oil & Gas
- Power
- Food & Beverage
- Textile
- Pulp and Paper
- Others
Companies covered
- GE
- Atlas Copco
- Vestas
- Enercon
- Caterpillar
- ABB
- Bosch
- Ingersoll Rand
- Kirloskar
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Boilers and Steam Generators by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Vertical
- 2.2.3 Horizontal
- 2.3 Boilers and Steam Generators by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Oil & Gas
- 2.3.3 Power
- 2.3.4 Food & Beverage
- 2.3.5 Textile
- 2.3.6 Pulp and Paper
- 2.3.7 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Boilers and Steam Generators Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Boilers and Steam Generators Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Boilers and Steam Generators Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Boilers and Steam Generators Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Boilers and Steam Generators Production by Manufacturers (2021-2026)
- 3.2 Global Boilers and Steam Generators Production Value by Manufacturers (2021-2026)
- 3.3 Global Boilers and Steam Generators Average Price by Manufacturers (2021-2026)
- 3.4 Global Boilers and Steam Generators Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Boilers and Steam Generators Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Boilers and Steam Generators Manufacturers, Product Type & Application
- 3.7 Global Boilers and Steam Generators Manufacturers Established Date
- 3.8 Global Boilers and Steam Generators Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 GE
- 4.1.1 GE Boilers and Steam Generators Company Information
- 4.1.2 GE Boilers and Steam Generators Business Overview
- 4.1.3 GE Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.1.4 GE Product Portfolio
- 4.1.5 GE Recent Developments
- 4.2 Atlas Copco
- 4.2.1 Atlas Copco Boilers and Steam Generators Company Information
- 4.2.2 Atlas Copco Boilers and Steam Generators Business Overview
- 4.2.3 Atlas Copco Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.2.4 Atlas Copco Product Portfolio
- 4.2.5 Atlas Copco Recent Developments
- 4.3 Vestas
- 4.3.1 Vestas Boilers and Steam Generators Company Information
- 4.3.2 Vestas Boilers and Steam Generators Business Overview
- 4.3.3 Vestas Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.3.4 Vestas Product Portfolio
- 4.3.5 Vestas Recent Developments
- 4.4 Enercon
- 4.4.1 Enercon Boilers and Steam Generators Company Information
- 4.4.2 Enercon Boilers and Steam Generators Business Overview
- 4.4.3 Enercon Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.4.4 Enercon Product Portfolio
- 4.4.5 Enercon Recent Developments
- 4.5 Caterpillar
- 4.5.1 Caterpillar Boilers and Steam Generators Company Information
- 4.5.2 Caterpillar Boilers and Steam Generators Business Overview
- 4.5.3 Caterpillar Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.5.4 Caterpillar Product Portfolio
- 4.5.5 Caterpillar Recent Developments
- 4.6 ABB
- 4.6.1 ABB Boilers and Steam Generators Company Information
- 4.6.2 ABB Boilers and Steam Generators Business Overview
- 4.6.3 ABB Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.6.4 ABB Product Portfolio
- 4.6.5 ABB Recent Developments
- 4.7 Bosch
- 4.7.1 Bosch Boilers and Steam Generators Company Information
- 4.7.2 Bosch Boilers and Steam Generators Business Overview
- 4.7.3 Bosch Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.7.4 Bosch Product Portfolio
- 4.7.5 Bosch Recent Developments
- 4.8 Ingersoll Rand
- 4.8.1 Ingersoll Rand Boilers and Steam Generators Company Information
- 4.8.2 Ingersoll Rand Boilers and Steam Generators Business Overview
- 4.8.3 Ingersoll Rand Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.8.4 Ingersoll Rand Product Portfolio
- 4.8.5 Ingersoll Rand Recent Developments
- 4.9 Kirloskar
- 4.9.1 Kirloskar Boilers and Steam Generators Company Information
- 4.9.2 Kirloskar Boilers and Steam Generators Business Overview
- 4.9.3 Kirloskar Boilers and Steam Generators Production, Value and Gross Margin (2021-2026)
- 4.9.4 Kirloskar Product Portfolio
- 4.9.5 Kirloskar Recent Developments
5 Global Boilers and Steam Generators Production by Region
- 5.1 Global Boilers and Steam Generators Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Boilers and Steam Generators Production by Region: 2021-2032
- 5.2.1 Global Boilers and Steam Generators Production by Region: 2021-2026
- 5.2.2 Global Boilers and Steam Generators Production Forecast by Region (2027-2032)
- 5.3 Global Boilers and Steam Generators Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Boilers and Steam Generators Production Value by Region: 2021-2032
- 5.4.1 Global Boilers and Steam Generators Production Value by Region: 2021-2026
- 5.4.2 Global Boilers and Steam Generators Production Value Forecast by Region (2027-2032)
- 5.5 Global Boilers and Steam Generators Market Price Analysis by Region (2021-2026)
- 5.6 Global Boilers and Steam Generators Production and Value, YOY Growth
- 5.6.1 North America Boilers and Steam Generators Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Boilers and Steam Generators Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Boilers and Steam Generators Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Boilers and Steam Generators Production Value Estimates and Forecasts (2021-2032)
6 Global Boilers and Steam Generators Consumption by Region
- 6.1 Global Boilers and Steam Generators Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Boilers and Steam Generators Consumption by Region (2021-2032)
- 6.2.1 Global Boilers and Steam Generators Consumption by Region: 2021-2026
- 6.2.2 Global Boilers and Steam Generators Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Boilers and Steam Generators Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Boilers and Steam Generators Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Boilers and Steam Generators Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Boilers and Steam Generators Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Boilers and Steam Generators Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Boilers and Steam Generators Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Boilers and Steam Generators Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Boilers and Steam Generators Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Boilers and Steam Generators Production by Type (2021-2032)
- 7.1.1 Global Boilers and Steam Generators Production by Type (2021-2032) & (k units)
- 7.1.2 Global Boilers and Steam Generators Production Market Share by Type (2021-2032)
- 7.2 Global Boilers and Steam Generators Production Value by Type (2021-2032)
- 7.2.1 Global Boilers and Steam Generators Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Boilers and Steam Generators Production Value Market Share by Type (2021-2032)
- 7.3 Global Boilers and Steam Generators Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Boilers and Steam Generators Production by Application (2021-2032)
- 8.1.1 Global Boilers and Steam Generators Production by Application (2021-2032) & (k units)
- 8.1.2 Global Boilers and Steam Generators Production Market Share by Application (2021-2032)
- 8.2 Global Boilers and Steam Generators Production Value by Application (2021-2032)
- 8.2.1 Global Boilers and Steam Generators Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Boilers and Steam Generators Production Value Market Share by Application (2021-2032)
- 8.3 Global Boilers and Steam Generators Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Boilers and Steam Generators Value Chain Analysis
- 9.1.1 Boilers and Steam Generators Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Boilers and Steam Generators Production Mode & Process
- 9.2 Boilers and Steam Generators Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Boilers and Steam Generators Distributors
- 9.2.3 Boilers and Steam Generators Customers
10 Global Boilers and Steam Generators Analyzing Market Dynamics
- 10.1 Boilers and Steam Generators Industry Trends
- 10.2 Boilers and Steam Generators Industry Drivers
- 10.3 Boilers and Steam Generators Industry Opportunities and Challenges
- 10.4 Boilers and Steam Generators Industry Restraints
11 Report Conclusion
12 Disclaimer
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