Selected research
Industry Growth & Trends
Global Boilers and Steam Generators Industry Growth and Trends Forecast to 2032
Market perspective
The global Boilers and Steam Generators market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Boilers and Steam Generators is projected 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 increase 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 projected to increase 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 GE, Atlas Copco, Vestas, Enercon, Caterpillar, ABB, Bosch, Ingersoll Rand and Kirloskar, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Boilers and Steam Generators market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Boilers and Steam Generators market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Boilers and Steam Generators market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Boilers and Steam Generators.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Boilers and Steam Generators market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Boilers and Steam Generators manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Boilers and Steam Generators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Boilers and Steam Generators Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Boilers and Steam Generators Sales Estimates and Forecasts (2021-2032)
- 1.3 Boilers and Steam Generators Market by Type
- 1.3.1 Vertical
- 1.3.2 Horizontal
- 1.4 Global Boilers and Steam Generators Market Size by Type
- 1.4.1 Global Boilers and Steam Generators Market Size Overview by Type (2021-2032)
- 1.4.2 Global Boilers and Steam Generators Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Boilers and Steam Generators Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Boilers and Steam Generators Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Boilers and Steam Generators Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Boilers and Steam Generators Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Boilers and Steam Generators Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Boilers and Steam Generators Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Boilers and Steam Generators Industry Trends
- 2.2 Boilers and Steam Generators Industry Drivers
- 2.3 Boilers and Steam Generators Industry Opportunities and Challenges
- 2.4 Boilers and Steam Generators Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Boilers and Steam Generators Revenue (2021-2026)
- 3.2 Global Top Players by Boilers and Steam Generators Sales (2021-2026)
- 3.3 Global Top Players by Boilers and Steam Generators Price (2021-2026)
- 3.4 Global Boilers and Steam Generators Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Boilers and Steam Generators Major Company Production Sites & Headquarters
- 3.6 Global Boilers and Steam Generators Company, Product Type & Application
- 3.7 Global Boilers and Steam Generators Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Boilers and Steam Generators Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Boilers and Steam Generators Players Market Share by Revenue in 2025
- 3.8.3 2025 Boilers and Steam Generators Tier 1, Tier 2, and Tier 3
4 Boilers and Steam Generators Regional Status and Outlook
- 4.1 Global Boilers and Steam Generators Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Boilers and Steam Generators Historic Market Size by Region
- 4.2.1 Global Boilers and Steam Generators Sales in Volume by Region (2021-2026)
- 4.2.2 Global Boilers and Steam Generators Sales in Value by Region (2021-2026)
- 4.2.3 Global Boilers and Steam Generators Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Boilers and Steam Generators Forecasted Market Size by Region
- 4.3.1 Global Boilers and Steam Generators Sales in Volume by Region (2027-2032)
- 4.3.2 Global Boilers and Steam Generators Sales in Value by Region (2027-2032)
- 4.3.3 Global Boilers and Steam Generators Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Boilers and Steam Generators by Application
- 5.1 Boilers and Steam Generators Market by Application
- 5.1.1 Oil & Gas
- 5.1.2 Power
- 5.1.3 Food & Beverage
- 5.1.4 Textile
- 5.1.5 Pulp and Paper
- 5.1.6 Others
- 5.2 Global Boilers and Steam Generators Market Size by Application
- 5.2.1 Global Boilers and Steam Generators Market Size Overview by Application (2021-2032)
- 5.2.2 Global Boilers and Steam Generators Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Boilers and Steam Generators Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Boilers and Steam Generators Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Boilers and Steam Generators Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Boilers and Steam Generators Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Boilers and Steam Generators Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Boilers and Steam Generators Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 GE
- 6.1.1 GE Company Information
- 6.1.2 GE Business Overview
- 6.1.3 GE Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 GE Boilers and Steam Generators Product Portfolio
- 6.1.5 GE Recent Developments
- 6.2 Atlas Copco
- 6.2.1 Atlas Copco Company Information
- 6.2.2 Atlas Copco Business Overview
- 6.2.3 Atlas Copco Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Atlas Copco Boilers and Steam Generators Product Portfolio
- 6.2.5 Atlas Copco Recent Developments
- 6.3 Vestas
- 6.3.1 Vestas Company Information
- 6.3.2 Vestas Business Overview
- 6.3.3 Vestas Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Vestas Boilers and Steam Generators Product Portfolio
- 6.3.5 Vestas Recent Developments
- 6.4 Enercon
- 6.4.1 Enercon Company Information
- 6.4.2 Enercon Business Overview
- 6.4.3 Enercon Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Enercon Boilers and Steam Generators Product Portfolio
- 6.4.5 Enercon Recent Developments
- 6.5 Caterpillar
- 6.5.1 Caterpillar Company Information
- 6.5.2 Caterpillar Business Overview
- 6.5.3 Caterpillar Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Caterpillar Boilers and Steam Generators Product Portfolio
- 6.5.5 Caterpillar Recent Developments
- 6.6 ABB
- 6.6.1 ABB Company Information
- 6.6.2 ABB Business Overview
- 6.6.3 ABB Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 ABB Boilers and Steam Generators Product Portfolio
- 6.6.5 ABB Recent Developments
- 6.7 Bosch
- 6.7.1 Bosch Company Information
- 6.7.2 Bosch Business Overview
- 6.7.3 Bosch Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Bosch Boilers and Steam Generators Product Portfolio
- 6.7.5 Bosch Recent Developments
- 6.8 Ingersoll Rand
- 6.8.1 Ingersoll Rand Company Information
- 6.8.2 Ingersoll Rand Business Overview
- 6.8.3 Ingersoll Rand Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Ingersoll Rand Boilers and Steam Generators Product Portfolio
- 6.8.5 Ingersoll Rand Recent Developments
- 6.9 Kirloskar
- 6.9.1 Kirloskar Company Information
- 6.9.2 Kirloskar Business Overview
- 6.9.3 Kirloskar Boilers and Steam Generators Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Kirloskar Boilers and Steam Generators Product Portfolio
- 6.9.5 Kirloskar Recent Developments
7 North America by Country
- 7.1 North America Boilers and Steam Generators Sales by Country
- 7.1.1 North America Boilers and Steam Generators Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Boilers and Steam Generators Sales by Country (2021-2026)
- 7.1.3 North America Boilers and Steam Generators Sales Forecast by Country (2027-2032)
- 7.2 North America Boilers and Steam Generators Market Size by Country
- 7.2.1 North America Boilers and Steam Generators Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Boilers and Steam Generators Market Size by Country (2021-2026)
- 7.2.3 North America Boilers and Steam Generators Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Boilers and Steam Generators Sales by Country
- 8.1.1 Europe Boilers and Steam Generators Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Boilers and Steam Generators Sales by Country (2021-2026)
- 8.1.3 Europe Boilers and Steam Generators Sales Forecast by Country (2027-2032)
- 8.2 Europe Boilers and Steam Generators Market Size by Country
- 8.2.1 Europe Boilers and Steam Generators Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Boilers and Steam Generators Market Size by Country (2021-2026)
- 8.2.3 Europe Boilers and Steam Generators Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Boilers and Steam Generators Sales by Country
- 9.1.1 Asia-Pacific Boilers and Steam Generators Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Boilers and Steam Generators Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Boilers and Steam Generators Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Boilers and Steam Generators Market Size by Country
- 9.2.1 Asia-Pacific Boilers and Steam Generators Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Boilers and Steam Generators Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Boilers and Steam Generators Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Boilers and Steam Generators Sales by Country
- 10.1.1 South America Boilers and Steam Generators Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Boilers and Steam Generators Sales by Country (2021-2026)
- 10.1.3 South America Boilers and Steam Generators Sales Forecast by Country (2027-2032)
- 10.2 South America Boilers and Steam Generators Market Size by Country
- 10.2.1 South America Boilers and Steam Generators Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Boilers and Steam Generators Market Size by Country (2021-2026)
- 10.2.3 South America Boilers and Steam Generators Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Boilers and Steam Generators Sales by Country
- 11.1.1 Middle East and Africa Boilers and Steam Generators Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Boilers and Steam Generators Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Boilers and Steam Generators Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Boilers and Steam Generators Market Size by Country
- 11.2.1 Middle East and Africa Boilers and Steam Generators Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Boilers and Steam Generators Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Boilers and Steam Generators Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Boilers and Steam Generators Value Chain Analysis
- 12.1.1 Boilers and Steam Generators Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Boilers and Steam Generators Production Mode & Process
- 12.2 Boilers and Steam Generators Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Boilers and Steam Generators Distributors
- 12.2.3 Boilers and Steam Generators Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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