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Outlook on the Combustion Controls, Equipment and Systems Global Market to 2030 - Extreme Relevancy of Combustion Control in Industrial Boiler and Furnace Operations Sustains Market Momentum

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Global Market for Combustion Controls, Equipment and Systems

Global Market for Combustion Controls, Equipment and Systems
Global Market for Combustion Controls, Equipment and Systems

Dublin, Jan. 31, 2023 (GLOBE NEWSWIRE) -- The "Combustion Controls, Equipment and Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Combustion Controls, Equipment and Systems estimated at US$127.8 Billion in the year 2022, is projected to reach a revised size of US$176.5 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.

Monitoring & Control Instruments, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$91.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Systems segment is readjusted to a revised 4.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $34.8 Billion, While China is Forecast to Grow at 7% CAGR

The Combustion Controls, Equipment and Systems market in the U.S. is estimated at US$34.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$36.8 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030.

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Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$23.5 Billion by the year 2030.

Select Competitors (Total 42 Featured) -

  • ABB Group

  • Alfa Laval AB

  • Alstom SA

  • Bloom Engineering Company, Inc.

  • Catalytic Products International, Inc.

  • CECO Environmental Corporation

  • Cleaver-Brooks, Inc.

  • Dongfang Boiler Group Co., Ltd.

  • Doosan Corporation

  • General Electric Company

  • Hitachi Ltd.

  • Honeywell International, Inc.

  • Maxon

  • Mitsubishi Heavy Industries Ltd.

  • Nestec, Inc.

  • Siemens AG

  • The Babcock & Wilcox Company

  • Titan Logix Corp.

  • Toshiba Corp.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Report Attribute

Details

No. of Pages

244

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$127.8 Billion

Forecasted Market Value (USD) by 2030

$176.5 Billion

Compound Annual Growth Rate

4.1%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • An Introduction to Combustion Control Equipment & Systems

  • Bright Prospects Ahead for Combustion Control Equipment & Systems Market

  • Combustion Controls, Equipment & Systems - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Growing Emphasis on Reducing Emissions from Fuel Combustion Processes Across Industries: Cornerstone for Present and Future Growth of Combustion Control Equipment Market

  • Global Anthropogenic GHG Emissions by Sector (2018)

  • Global Energy Emissions by Source (2018)

  • Greenhouse Gas Reduction Targets of Select Countries

  • Extreme Relevancy of Combustion Control in Industrial Boiler and Furnace Operations Sustains Market Momentum

  • Gas and Oil Burner Combustion Control Systems Gain Wider Traction

  • Power & Energy Enterprises: Major End-Users of Combustion Control Equipment

  • Combustion Control Systems Gain Traction in Chemical Industry

  • Pivotal Role in Oil & Gas Industry Augurs Well for Market Expansion

  • Advanced Combustion Control Systems to Drive Future Growth of the Market

  • Offering a Multitude of Options and Myriad Benefits, Advanced CCS Widens its Addressable Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/s0253x

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